• 2020 October 18 13:14

    Bright outlook at Gibdock as bookings remain solid

    Ship repair activity at Gibdock has continued to be rock solid, despite uncertainties through the first three quarters of 2020 relating to Covid-19 and Brexit. Occupancy levels remain high, contracts continue to be agreed and scheduled dry dockings are already booked into 2021, the Gibraltar-based yard reports.
     
    “The outlook is set fair,” says Richard Beards, Gibdock’s Managing Director, as he identifies potentially greater revenue streams in LNG-related projects and renewables business for the months ahead. Beards says that Gibdock’s location at the gateway to the Mediterranean remains a key advantage but adds that the repeat business included in forward bookings “shows that customers continue to put reliability, quality of work and on-time redelivery at the top of their priority lists”.
     
    “In 2020, being part of a tight-knit business community where fast communications enable rapid response times and the immediate implementation of any changes to health or travel regulations has also proved advantageous. We are in constant dialogue with the Port Authority, and we have frequent contact with Gibraltar Civil Contingencies, the Director of Public Health, local agents, subcontractors, hotels and transport providers.”
     
    Beards points out that this agility and close ties with the local ship agency network mean that Gibraltar is well-established as a safe and efficient location for crew changes. “This is an added benefit for our customers because they can rely on our safe, robust protocols and, of course, good links by air with the UK,” he says.

    Recently completed projects include a diverse range of repairs and conversions. A number of offshore support vessels have been repaired and upgraded over the summer. Meanwhile, works were carried out on board the seismic survey vessels Oceanic Sirius and SW Empress for Bergen-based Shearwater GeoServices.  
     
    Environmental retrofits, including the installation of scrubbers and ballast water treatment systems, comprise an important and continuing revenue stream. The shipyard also successfully completed engine conversions on two Balearia-owned ropax vessels, the 950-passenger Nápoles and the 1,000-passenger Bahama Mama, from conventional to LNG propulsion. The shipyard worked closely with propulsion experts from MAN PrimeServ and Caterpillar respectively on these two projects.  
     
    “We are encouraged by forward bookings into next year,” Beards continues, “and Gibraltar’s growing importance as a bunkering hub means that LNG infrastructure is expanding fast. The power station here already uses LNG, and we expect more LNG-related port calls, more service craft and more specialised bunkering vessels.”
     
    “Even though Covid has challenged us at times, we continue to invest in the yard’s infrastructure,” says John Taylor, Gibdock’s Operations Director. In particular, he cites a close cooperation with Wolffkran Germany/Switzerland to renew the jib of Gibdock’s number 12 crane, located on the 400-metre south mole.
     
    “Of course, Brexit adds to the uncertainties of the day,” Beards concludes. “However, we see a successful conclusion to this – we will still be here working as hard as possible to meet the expectations of our clients’ and stakeholders as diligently as possible.”




2020 October 29

18:31 Wan Hai Lines to launch Straits – Bangladesh Express Service
18:09 Lloyd’s Register launches dedicated Maritime Decarbonisation Hub
17:56 Bill on corporatization of FSUE Rosmorport submitted to RF Government
17:56 Hapag-Lloyd announces winter surcharge to and from St. Petersburg and Ust-Luga
17:30 Rosmorport’s Azov-Black Sea Basin Branch purchased 5 tugboats
17:05 Wärtsilä to collaborate with Anemoi Marine Technologies in future sales of Rotor Sail solutions
16:59 Romania’s border authorities using EMSA RPAS for coast guard surveillance
16:35 Jon Fredrik Baksaas appointed DNV GL’s Chair of the Board
16:17 Nordion Energi moves closer to the aim of 100% green energy by joining the European Clean Hydrogen Alliance
16:01 Port of Los Angeles streamlines online permit process
15:28 MABUX released Bunker Weekly Outlook
15:22 Bunker prices are slightly down in the Far East ports of Russia (graph)
15:20 CMA CGM announces Peak Season Surcharge from China to Russia
15:01 Partnership agreement between leading Hamburg Port Authority and Tanger Med Port Authority
14:36 Port Kolomna takes delivery of multibucket dredger of Project 3409
14:11 MAN compressor technology for largest FPSO vessel offshore Brazil
13:53 Novatek to launch LNG terminal in Rostock (Germany) in 2023
13:30 Rosatom looks into using barges for LNG delivery to Arctic regions
13:11 IMEC and ITF opens big quarantine and testing facility in Manila
12:52 RS grants GASA to GTT’s Mark III Technology
12:29 Rosatom expects reactor plants RITM-200 to be efficient for container carriers and oil tankers
12:10 GTT entrusted by Zvezda with the tank design of ten ARC7 ice-breaking LNG сarriers
11:48 USC forecasts complete transition of shipping industry to electric propulsion in 20-25 years
11:30 Rijkswaterstaat has awarded the enlargement of the Twente canals to a consortium of Van Oord - Hakkers - Beens
11:09 DSV Panalpina acquires Prime Cargo
10:50 Novatek to put into operation 30,000-cbm gas carrier under Cryogas-Vysotsk project in 2022
10:37 Volvo Penta IMO III marine generator sets help power five electric ferries in Norway
10:09 International Association of Dredging Companies signs major strategic collaboration agreement with FIDIC
09:51 MABUX: Bunker Market this morning, Oct 29
09:46 Three LNG-powered product tankers for shipment of stable gas condensate from Ust-Luga to be delivered in 2022-23
09:24 Oil prices show slight increase
09:20 Vestdavit wins contract to supply six French Navy vessels
09:12 Baltic Dry Index as of October 28

2020 October 28

18:15 Sri Lanka's East Container Terminal inaugurates for operations
17:51 Tallink Grupp makes temporary changes to Tallinn-Helsinki route schedule from 29 October 2020
17:30 Key element of Russia’s collider facility NICA transshipped in Bronka
17:06 GONDAN delivers new fishing stern trawler to Prestfjord AS
16:39 Rosmorrechflot resumes work on programme for encouraging LNG-powered shipping
16:13 Cavotec launches next generation MoorMaster
16:05 CNL awarded Transport Canada contract to research clean energy technologies to decarbonize marine sector
15:48 Profit attributable to NOVATEK shareholders amounted to RUB 24.1 billion in 9M’2020
15:25 Petersburg Oil Terminal increased shipments of oil products by 18% in 9M'2020
15:03 World’s first LPG-retrofit announced
14:56 SCF time charters three icebreaking LNG carriers to the Arctic LNG 2 project
14:22 FSUE Rosmorport to adjust design documentation for dredging at LNG terminal in Bechevinskaya bay
14:03 LNG-fueled PCTC“SAKURA LEADER” accredited as the world's first digital smart ship
13:37 Blue Wave terminal in Azov port increased its throughput by 13% in 9M’2020
13:11 Cooperation agreement signed between Fincantieri and the Cochin Shipyard
12:35 LNG bunkering vessel Optimus built by Damen arrived in Shanghai for start-up procedures and sea trials
12:04 CMA CGM announces PSS for cargo from Pakistan to North Europe
11:42 Global Ports to launch tank container repairs service at Yanino
11:23 MPA launches RFP for new LNG bunker supplier licence
11:01 4th “LNG Fleet, LNG Bunkering and Alternatives” conference kicked off
10:50 CMIT receives largest container vessel in Vietnam’s history
10:15 “All Ferries of Russia. Baltic Sea” webinar scheduled for 6 November 2020
10:10 Total charters four new LNG-powered vessels
10:01 MABUX: Bunker Market this morning, Oct 28
09:59 CMA CGM announces FAK rates from Asia to North Europe
09:46 Bunker market sees mixed price movements in the Port of Saint-Petersburg, Russia (graph)
09:28 Oil prices start decreasing