India: GAIL to Finalize USD 12 Billion Gas Deal

State-run gas company GAIL is just steps away from signing a 20-year contract for shipping two million tonnes of LNG a year from US east coast, The Times of India said, citing sources close to the development.

Value of this contract would be approximately $12 billion.

GAIL executives were in the US last week in order to give final touches to the deal, the newspaper said.

In December 2011, GAIL inked a $20 billion contract with Sabine Pass Liquefaction for 3.5 million tonnes of LNG annually.

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India: Cochin Shipyard Delivers New AHTS to SCI

Cochin Shipyard Limited (CSL) delivered a 120T Bollard pull Anchor Handling Tug Supply Vessel (AHTS), “SCI Kundan”, to M/s Shipping Corporation of India, Mumbai (SCI). This is the Second of the series of 4 Nos of 120T Bollard pull AHTS being built by CSL for M/s Shipping Corporation of India.

The vessel is of AH03 type, designed by STX OSV, Norway (ex- Aker Yards) and is certified under dual class by the Rules and Regulations of American Bureau of Shipping & Indian Register of Shipping and is registered under Indian flag.

This 65.2 x 16.0 Meter vessel is a high end Anchor handler with a capacity of 120 T Bollard pull which is equipped with 2 Nos of 4000 KW Diesel Engines  and 2 Nos of Controlled pitch propeller in Kort Nozzles. The vessel is having Grade I Dynamic Positioning feature along with compliance to ERRV class ‘C’ and also having capability of Fire Fighting class I.

The vessel is built to accommodate 29 persons with all the capabilities of a Platform Supply Vessel in addition to the Anchor Handling facility. These vessels are used as support platforms to Rigs/Oil platforms. The shipyard is presently constructing another 4 nos of offshore vessels for M/s Shipping Corporation of India which are all in advanced stages of construction.

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India: Cochin Shipyard Delivers PSV to Norwegian Owner

Cochin Shipyard recently delivered a Platform Supply Vessel “Brage Trader” to M/s Brage Supplier K S, Norway. This is the fourth of a series of the high technology offshore vessel that have been constructed and delivered by CSL this financial year.

The vessel is of PSV 09 CD type designed by STX OSV Norway and are classed under the Rules and Regulations of Det Norske Veritas and is flagged under the Norwegian regulations. The 88 x 19 Meter vessel is a high end Diesel Electric PSV with by 4 Nos 1665 KW Diesel gen. sets and 2 Nos 2200 KW contra rotating propellers. The vessel with Grade II Dynamic Positioning features has been assigned the ‘CLEAN’ design notation by DNV signifying the highest levels of environmental compliance.

The vessel with accommodation for 42 persons also meets the requirements of COMF class signifying high comfort levels due to special arrangements to attain very low levels of noise and vibration. The vessel has special stainless steel tanks with Nitrogen inerting arrangements to carry low flash liquids and is capable of all other normal offshore supply operations.

Brage Trader PSV will be operated by Simon Møkster Shipping AS from Norway.

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