Seabulk Expands Tanker Order

 

January 2014

 

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New jobs and additional tonnage are coming to the SIU following the announcement in November that the parent company of Seafarers-contracted Seabulk Tankers Inc. has added even more vessels to its tanker order with General Dynamics NASSCO.

 

In a joint press release issued by SEACOR Holdings (Seabulk’s parent company) and NASSCO, the companies announced the design and construction of yet another 50,000 deadweight ton, LNG-conversion-ready product carrier with a 330,000-barrel cargo capacity, along with the option for building one additional vessel. Construction is set to begin in 2015, with delivery scheduled for the fourth quarter of 2016.

 

This latest deal follows an order for two identical vessels late last year, bringing the total number of Seabulk product carriers on order with NASSCO to three, with the option for a fourth. All vessels will be 610 feet long and share the same design and specifications. Construction, meanwhile, will take place at NASSCO’s union shipyard in San Diego. NASSCO President Fred Harris is a former union mariner.

 

According to the companies, the ships will feature excellent fuel efficiency and incorporate the latest environmental protection features, including ballast-water treatment systems.

 

“NASSCO remains committed to bringing the most economical and environmentally sound technology to Jones Act owners and operators,” said Kevin Graney, NASSCO vice president and general manager. “We are pleased to extend our partnership with SEACOR through a third and potentially a fourth ECO tanker.”

 

Like Graney, SEACOR Executive Chairman Charles Fabrikant was happy with the new order and the continuing relationship between the companies.

 

“We are pleased to expand our relationship with NASSCO with this additional Jones Act tanker order,” Fabrikant said. “These ECO tankers will play a vital role in offering Seabulk’s customers some of the most modern and fuel efficient vessels available as they determine their Jones Act transportation requirements for crude oil and refined products over the coming years.”

 

Like the vessels in Seabulk’s previous order with NASSCO, these ships will be designed by DSEC, a subsidiary of Daewoo Shipbuilding & Marine Engineering (DSME) of Busan, South Korea.

 

“The tankers will have conversion-capable, dual-fuel-capable auxiliary engines and the ability to accommodate the future installation of an LNG fuel-gas system and Type C LNG tanks,” SEACOR and NASSCO said in their joint statement. “These additional tankers represent the continuation of NASSCO’s successful partnership with DSEC.”

 

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