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ABS can: • Review and approve ship security plans • Perform verification audits • Issue International Ship Security Certificates ABB Wins $45M in Propulsion Contracts ABB in Norway has secured new con- tracts worth $45 million for delivery of complete electric propulsion systems to two icebreakers to be built for CJSV Sevmorneftegaz by the Norwegian ship- yard Havyard Leirvik, and four Platform Supply Vessels to be built in China for Groupe Bourbon by Zhejiang Shipbuilding. The contracts with Havyard Leirvik encompass system sup- ply to two multifunctional icebreaking offshore supply vessels for the Russian company CJSV Sevmorneftegaz. For each vessel, ABB will deliver a main propulsion package including Azipod propulsion system and a complete onboard electric power plant. The ships will be delivered in 2005 and 2006 for service in the Prirazlomnoye oil field in the Barents Sea. To Zhejiang Shipbuilding, ABB will supply a com- prehensive equipment package includ- ing electric power, propulsion, dynamic positioning and automation systems for four new supply ships for French shipowners Groupe Bourbon. Hapag-Lloyd Orders Two 8,600-TEU Ships Hapag-Lloyd ordered two 8,600-TEU containerships from Hyundai Heavy Industries for delivery in spring and autumn 2007. The newbuildings will have a length of 335m, width of 43m and draft of 14.5m and be able to carry 8,600 standard containers (TEU). They will have a speed of 25 knots. It is planned to deploy the vessels between Europe and the Far East. Hapag-Lloyd will take delivery of the last newbuild- ing in a series of four 6,750 TEU con- tainerships in late April 2004. Two ves- sels of 8,400/8,600 TEU will be added in 2005, and a further 8,600 TEU new- building will follow in 2006. Hapag- Lloyd's fleet currently consists of 47 modern vessels. TEN Exercises Options for Product Carriers Tsakos Energy Navigation Limited (TEN) has exercised options for two handysize, double hull, 1A ice-class tankers, with carrying capacity of 37,000 dwt each. The vessels have a contract price of just under $30 million per ship and are scheduled for delivery in March and June of 2007. These ves- sels are sister ships to the newbuildings announced in January of this year. The vessels are to be constructed by Hyundai Heavy Industries at their Mipo shipyard, and represent the 28th and 29th vessels in TEN's newbuilding program since 1997. Circle 264 on Reader Service Card Graig Extends Cooperation With Vinashin Graig Group is to build on its recent 15-ship order in Vietnam by developing series production of a full range of mod- ern-design bulk carriers at Vietnam Shipbuilding Industry Corporation (Vinashin) yards. The series will range from handysize up to capesize. Speaking after announcement of the Strategic Alliance formed with Vinashin, Graig CEO Hugh Williams said, "We see sig- nificant potential here in Vietnam, and we will be working together with our Vinashin partners to meet the growing demand for modern bulk carriers. The success of our Diamond 53 handymax project in China and in Vietnam proves that owners want well-thought-out and strong vessels at good prices. We will shortly be announcing new sizes of the Diamond range for Graig and its part- ners. Vinashin is investing heavily in yard capacity, and with our help it will be able to build series of bulkers to qual- ity levels, but with good prices and attractive delivery dates." ABS wAAw.eagle.org/shipsecurity April 2004 49