Deals this week: Cochin Shipyard, Pasha Hawaii, Oldendorff Carriers


Andaman & Nicobar (A&N) Administration has placed an order with India-based Cochin Shipyard for four passenger-cum-cargo vessels, which are to be delivered by 2020.

The order includes two vessels with a capacity to carry 500 passengers and 150t of cargo each, and another two vessels with a capacity to hold 1,200 personnel and 1,000t cargo each.

The ships will service the A&N Islands’ Northern and Southern group, as well as various inter-island routes.

A&N's new vessels will be equipped with diesel electric propulsions that will drive two azimuth thrusters for greater manoeuvrability, and are being built under the Government of India’s 'Make in India' initiative.

The shipbuilding project will be monitored by a committee comprising members from Cochin Shipyard, Shipping Corporation of India and A&N Administration.

US-based Pasha Hawaii has awarded a contract to Keppel Offshore & Marine (Keppel O&M) subsidiary Keppel AmFELS for two new LNG-fuelled container ships, which also contains an option for two additional vessels.

The vessels will have a cargo carrying capacity of 2,525 twenty-foot equivalent units (TEUs) and will be built as per the new US Jones Act.

"US-based Pasha Hawaii has awarded a contract to Keppel Offshore & Marine subsidiary Keppel AmFELS for two new LNG-fuelled container ships."

They are expected to sail at a speed of 23kt, and will be capable of carrying 500 45ft containers, 400 refrigerated containers, and 300 40ft dry containers.

Pashi Hawaii's new vessels are scheduled for delivery in the first and third quarters of 2020, and will feature advanced engines, an optimised hull, and an underwater propulsion system equipped with a high-efficiency rudder and propeller.

Dry bulk shipping company Oldendorff Carriers has awarded a contract to Verifavia Shipping to ensure that its vessel fleet is in accordance with the European Union's (EU) Monitoring, Reporting, and Verification (EU MRV) regulations, which came into effect in July 2015.

Verifavia will be responsible for assessing Oldendorff’s monitoring plans and detect and report carbon emissions, fuel consumption and associated transport data under the new arrangement.

The MRV regulations require EU-based vessel owners and operators to maintain carbon emission reports according to the ISO 14065 standard and regulation 757 / 2015.

The deadline for operators and owners to meet the new requirements is 31 August.