SeaQuest performance in 2016

2nd Jan 2017

SeaQuest’s reputation of rising to the challenge, thriving in adverse market conditions and charting new waters in turbulent times has continued. Against the backdrop of very poor shipping and offshore markets which have drastically affected new orders, SeaQuest’s marine project management team has done better than just stay afloat, we moved full steam ahead and in the course of 2016 delivered a remarkable 18 high-quality vessels to their proud owners.

The start of 2016 saw the seamless progression of a massive new building project of 13 sophisticated Very Large LPG carriers, all delivered within a timeframe of fewer than 19 months from two of the largest shipyards in South Korea. The project was 100% incident-free and achieved within the stipulated budget, and represents one of the most challenging and complex new building projects taken on by both our company and the shipyards.

In 2016 we undertook challenging projects as varied as the construction of VLCCs, Suezmax 160k product carriers with coated cargo tanks, 50k IMO Class II product chemical carriers, Military Afloat Reach and Sustainability (MARS) tankers for the Royal Fleet Auxiliary (RFA) on behalf of the UK’s Ministry of Defence (MOD), as well as a logistic support vessel for the Norwegian Navy (NDMA). The vast variety and complexity of the projects, handled by our team of professionals, is noteworthy and unmatched in the marine project management sector.

2016 closed with the naming ceremony celebration of RFA Tiderace, the second in the series of four MARS tankers, ordered by the UK’s MOD at DSME, and due to enter service in the RFA from 2017.

This year we also achieved the technical commissioning and completion of comprehensive & confirmative sea trials of the first MARS tanker Tidespring, which was a significant milestone, not only for SeaQuest but also for the UK’s DSME and MOD. This success was achieved through the collaboration and co-operation of all parties involved, through the hard work of SeaQuest’s management team, under the supervision of managing director Jan Andersson, and in close collaboration with MOD project team.

SeaQuest also renewed its ISO 9001:2008 Quality Management System certification, whilst upgrading to ISO 9001:2015 is underway.

Against the dark and gloomy forecasts and discouraging projections of maritime market analysts, SeaQuest’s marketing strategy has enabled us to maintain a healthy order book, securing, so far, a portfolio of 14 vessels to be delivered in 2017 and three in 2018, with several other projects still under negotiation.

We look forward to another strong year for SeaQuest, working with shipyards to keep our clients’ complex projects on time and on budget.

 

First LR3 Product Tanker delivered

12th Sep 2016

Arab Maritime Petroleum Transport Company (AMPTC) has just taken delivery of M/T Star Energy, the first of two  LR3 Product Carriers built by the Korean shipbuilder Hyundai Samho (HSHI) under the supervision of SeaQuest.

It was a breakthrough by AMPTC the introduction on the market of these vessels (159,000 DWT with epoxy-coated tanks suitable to carry clean petroleum products) and SeaQuest had a crucial role in the project, attending negotiation of contractual specifications and makers list and carrying out the plan approval in conjunction with owner’s technical department.

The careful new building supervision of our personnel strongly contributed to achieving the on-time and flawless delivery of Star Energy, despite the coating of such extended cargo tanks was a yard’s premiere and definitely a challenging task for all parties involved.

Our site team remains in Samho yard following the construction of Star Energy’s sister vessel, whose delivery is scheduled later on in this Autumn.

 

VLCC project completed

13th May 2016

The final highlight of 1.5 year work of SeaQuest new building supervision team at Hyundai Heavy Industries (HHI), Gunsan production yard, was successfully accomplished with the delivery of the fourth and last VLCC to her Singaporean Owners.

As usual, our personnel has been working to ensure the best quality possible in the construction, proactively cooperating with yard project managers, workforce, subcontractors, class surveyors and Owners' technical department.

 

MR Product Carrier project completed

2nd Mar 2016

SPP, Dukpo plant, S.Korea: SeaQuest new building supervision team in SPP successfully completed another project with the delivery of the tenth in a row of MR Product Carriers.

SPP, a leading builder in the MR segment, carried out the project at their Goseong and Sacheon facilities, and these ships are at the leading edge in eco-ship design - high-spec, fuel-efficient models with strengthened hulls, increased cargo area, and in full compliance with many upcoming environmental regulations.

From negotiations with shipyards, concepts on drawing blocks, and actual steel cutting and finally delivery, SeaQuest had a crucial role in the project and focused on quality at all stages of construction, with full satisfaction of the Owners.

SeaQuest has now delivered 55 new buildings at SPP shipyards. The total number of ships in our new building records has reached 280.