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Sembcorp Marine bags landmark LNG carrier longevity contract

Sembcorp Marine bags landmark LNG carrier longevity contract

Singapore: Sembcorp Marine has won a longevity contract from the International Gas Transportation Company Limited (IGTC), the parent shipping company of the North West Shelf Venture, for the life extension for its vessel, the Northwest Sanderling (pictured), the first of six of their fleet of Moss Rosenberg design LNG (Liquefied Natural Gas ) carriers to reach its 20th year in service. 'This breakthrough contract is a milestone agreement,' Sembcorp said in a release, ' as it signifies the first time that a major LNG operator has committed itself to a long-term longevity programme to extend its vessels' future trading life when the vessels progressively reach their 20th year in service.'
NWSSSC is equally owned by six venture partners; BHP Billiton Petroleum Pty Ltd, BP Australia Shipping Pty Ltd, Chevron Australia Transport Pty Ltd, Japan Australia LNG (MIMI) Downstream Services Pty Ltd, Shell Development (Australia) Pty Ltd and Woodside Petroleum Holdings Pty Ltd.
With the signing of this contract, Northwest Sanderling, the first of 6 Moss-Rosenberg type LNG carriers from IGTC, is scheduled to undergo life extension/longevity work and upgrading programme in Sembcorp Marine's Sembawang Shipyard at an estimated cost of S$35 million in June 2009. [21/10/08]


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