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Tuesday, March 26, 2019

Maritime Logistics Professional

SCI, on robust acquisition course, takes delivery of two new vessels

Posted to SCI, on robust acquisition course, takes delivery of two new vessels (by on April 4, 2012

In little over a week SCI took delivery of two vessels

Unfazed by the downturn the state owned the Shipping Corporation of India Ltd. (SCI) is continuing with its acquisition spree. Its latest addition to its fleet being an Anchor Handling, Towing & Supply (AHTS) vessel m.v. SCI Kundan”. The delivery took place yesterday, the 3 April, 2012 almost a week after it acquired a Supramax Bulk carrier.

The vessel with a Bollard Pull capacity of 120 Tonnes will give the company an edge in the growing offshore sector as this feature makes it useful for deep sea operations. SCI, the country’s largest shipping company, had signed a contract for acquisition of two such new building of 120 Tonne AHTS vessels with Cochin Shipyard Limited on 9 February 2011. The first vessel against this order being “m.v. SCI Pawan” was delivered to SCI on 15 November last year. Informatively, both these vessels are sister vessels of the 2 AHTSVs on order with Cochin Shipyard Ltd, orders for which were placed in June 2009. 

Giving further details of the vessel a spokesman of SCI stated, “The gross tonnage is 2,067 tonnes and deadweight of 1,994 tonnes. The vessel has been classed with IRS, equipped with Dynamic Positioning-I (DP-I) system, Reverse Osmosis Plant, Fire-fighting (FIFI) equipment, partial UKOOA (C) compliance and has been built to comply with the latest and most stringent international regulations. This vessel will be able to offer the essential support and services for growth of the Indian Offshore industry.” 

In the offshore sector, SCI presently has a fleet of 13 vessels of which 9 vessels were acquired during the eighties. These vessels have been dedicatedly serving the oil exploration and production sector in India for over 25 years. As a National carrier, SCI has been aiming to increase its presence in India’s offshore sector. To promote Indian ship building industry, SCI has ordered four AHTSVs of 120T BP capacity (two in June 2009 and two in February 2011) and two PSVs with Cochin Shipyard on nomination basis. The service of these vessels would be crucial to the E & P operators in the Indian Offshore sector. Apart from serving the nation’s interest, the vessel would also strengthen SCI’s fleet base as well as start a new era in its offshore segment. 

Last week on 26 March, 2012, SCI had achieved another milestone by taking delivery of a Supramax Bulk carrier, “m.v. Vishva Vikas”. The vessel with a gross tonnage of 33,185 tonnes and deadweight of 57,127 tonnes is the fifth vessel of SCI’s six nos. Supramax bulk carriers ordered at STX (Dalian) Shipbuilding Co. Ltd., China, part of the world renowned STX Offshore and Shipbuilding group of Korea. The delivery was against the orders for these vessels placed in December 2007. The company spokesman informed that the last vessel of this order is scheduled to be delivered by the end of this month.

With addition of these vessels, the SCI’s fleet strength stands at 77 vessels of 5.56 million dwt., which includes 13 offshore supply vessels. Acquisition of the vessel is in line with SCI’s strategy of maintaining a modern and young fleet of vessels. The company has 26 vessels on order at present and 15 of these are scheduled for delivery during 2012.