Monday, January 3, 2000

Carnival exercises option with Masa Yards
Carnival Cruise Lines has exercised an option with Kvaerner Masa-Yards of Helsinki, Finland, for the construction of a third 84,000- ton Spirit class ship expected to be delivered in 2002.

The 2,112-passenger vessel, to be named Carnival Legend, will cost approximately $375 million. It will be a sister ship to the Carnival Spirit and Carnival Pride, both currently under construction at Kvaerner Masa and expected to enter service in early and late 2001, respectively.

The 960-foot-long Carnival Legend will feature 12 passenger decks. Eighty percent of the staterooms will offer ocean views with 87 percent of those featuring private balconies.

In addition to the three Spirit-class ships, Carnival Cruise Lines has on order three new 102,000-ton Destiny class ships scheduled to enter service over the next four years, including the Carnival Victory, expected to enter service Aug. 31, 2000, and the Carnival Conquest and Carnival Glory, slated to debut in 2002 and 2003, respectively.

Carnival Corporation unit Holland America Line has four vessels on order, including the 1,440-passenger Zaandam, scheduled for delivery in early 2000, the 1,380-passenger Amsterdam expected to debut in late 2000, and two 84,000-
ton vessels expected to enter service in 2002 and 2003. Also on order for Costa Cruises, another Carnival Corporation-affiliated cruise line, is the 2,112-passenger Costa Atlantica, which is scheduled to debut in late spring 2000.

Collectively, these 11 vessels have an estimated value of nearly $4.3 billion.

Friede Goldman Halter and Yantai Raffles win
big order from China

China's Yantai Raffles Shipyard and Friede Goldman Halter, as prime contractor, have won a $109 million contract from CNOOC ( China National Offshore Oil Corporation ) to build a 157m , 3800tons Heavy Derrick / PipeLay Vessel.

As well as being prime contractor for this order, Friede Goldman Halter is one of the shareholders in Yantai Raffles, which is located in China's Shandong Province,
The other shareholders are the Brian Chang Group of Companies, Shengli Petroluem Bureau Co, Yantai City Mechanical Industrial Co., China, Addifit Ltd, Airtrust Pte Ltd and Friede & Goldman Halter Group Inc, USA.

Brian Chang, a Singaporean businessman, is the yard's executive chairman and managing director.

The order for the heavy derrick/pipelay vessel is the largest ever placed by CNOOC. To win it, Friede Goldman Halter & Yantai Raffles Shipyard Group outbid competitors from Singapore, South Korea and Japan.

Delivery for this vessel is set for the end of March 2001.

Details of the vessel are :

L.OA 157 m
Breath Molded 48 m
Depth Molded 12.5 m
Design draft 8 m
Displacement at 8 m draft approx : 51,500 tons
Deadweight at 8 m draft approx : 26,000 tons

Main Equipment/Machinery

1 unit AmClyde Crane 3800tons
2 units Non-Retractable Azmuthing thrusters with FPP driven by electric motor 300KW @750rpm
3 units Generator Sets @ 4140KW MCR @ 750rpm, 6.6KV, 50Hz
1 unit Electric Generator @4998KVA @750rpm, 50 Hz
1 unit Harbor Generator Set @1250KVA, with diesel engine 1100KW@750rpm
1 unit Emergency Generator Set @305KW , 50Hz
12 Units Mooring Anchor System
1 unit Stinger

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