Page 19: of Maritime Reporter Magazine (June 1996)

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Far East Update out on existing utilities systems, as well as the conversion of the main boiler to dual fuel firing. More than 30-km of pipework will be installed, and upgrading and refurbishment of accommodation areas, including the galley and laundry equipment for the 70- worker crew, will also be per- formed. When completed, the 1976-built unit will be stationed at the Tantawan gas and oil field, located 265 miles south of Bangkok in Thailand.

Also in Singapore, Far East

Levingston Shipbuilding Ltd. (FELS) has sold multi-purpose, semi-submersible vessel Polyportia to Sonat Offshore Drilling Inc. for $40 million. The deal includes hull modifications to ensure proper bal- last and displacement during ultra deepwater drilling operations.

After hull modifications and deliv- ery, which is expected in mid-

October of this year, the vessel will be towed to the U.S. Gulf coast where it will undergo the remain- ing conversion work to a drilling mode. FELS' wholly-owned Texas- based subsidiary, AMFELS, will be bidding for the conversion work.

In August 1995, FELS — another member of the Keppel Group — purchased Polyportia from

Norway's Rasmussen Offshore for $22.5 million.

The Far East repair industry picked up during the first few months of this year. Hongkong

United Dockyard's (HUD) new large United floating dock, which began operation in 1995, has expe- rienced an occupancy level of 85 percent during its first full year in service. The facility was built in 1995 by Far East Levingston,

Singapore.

HUD, part of the Swire Group, has also announced the retirement of Glynn Gough as managing director, effective May 1. Mr.

Glough's replacement is Chris

Pooley, managing director of

Honkong Towage & Salvage, also part of the Swire Group. Swire's holds a 50 percent stake in both companies, which, also effective

May 1, will be headquartered at

HUD's TsingYi Island base. Chris

Pooley will retain his position as managing director of both compa- nies.

Malaysia Shipyard &

Engineering's (MSE) Pasir Gudang has started the year with repairs on a large number of VLCCs. So far this year, MSE has completed repairs on VLCCs of approximate- ly 1.1 million dwt, compared with 23 VLCCs of approximately 5.4 million dwt repaired last year. In 1995, Japanese shipowners stemmed 11 vessels with the yard, including six VLCCs contributing 1.66 million dwt (45 percent of the total dwt). These companies included Mitsui OSK Lines (MOL),

Idemitsu Tanker Co., NYK and

Koyo Kaiun Co.

The official opening of Singapore

Technologies Shipbuilding &

Engineering Ltd. (STSE) was scheduled for May 18. The new

Taus Yard will be declared open by

Radm. Teo Chee Hean, the

Singaporean minister for Environ- ment and second minister for

Defense. The yard was recently busy with more than 10 ships undergoing repairs.

One of Singapore's darkest inci- dents is about to be put to rest:

U.S. oil major Exxon will allow

Keppel Shipyard to start bidding for drydocking contracts after almost nine months of receiving no opportunity to win repair contract from the company. Keppel will reportedly be allowed to bid for the next scheduled drydocking, which involves the 307,235-dwt

Bahamas-registered ULCC

Geneva, due for repair this month. (Continued on page 27) • Design • Hydrostatics • Construction

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June, 1996 21

Maritime Reporter

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