Fujian Mawei Shipbuilding Limited - Experts & Thought Leaders

Kongsberg Maritime will supply an extensive range of equipment for a new fleet of 10 platform supply vessels (PSV) being built by Fujian Mawei Shipbuilding in China for Greek shipowner, Capital Offshore. This significant contract win is valued at approximately 800 million MNOK, and includes all propulsion, automation, and energy systems. Oil and gas operations The 10 contracted vessels mark a major investment by Capital Offshore in the PSV market The 10 contracted vessels mark a major investment by Capital Offshore in the PSV market. The company, which owns and operates significant tonnage with a fleet of more than 100 vessels, has a strategic goal to expand in offshore oil and gas operations. These new vessels are intended for the Brazilian market. Lisa Edvardsen Haugan, President, Kongsberg Maritime, said: "Capital Offshore has exciting and ambitious plans for expanding its operations in the oil and gas market, and we are proud to be playing a key role in helping them to achieve their goals through the supply of a significant package of integrated technologies across their new fleet of platform supply vessels." Integrated electrical system Lisa Edvardsen Haugan adds: "This significant investment in a series of 10 new PSVs signals Capital Offshore’s intent to be a major player in future offshore operations. We look forward to building on our long and successful relationship with Fujian Mawei Shipbuilding in China on this exciting project." To achieve the most energy-efficient vessel operation while maintaining high levels of safety, the ten vessels will each feature a fully integrated electrical system, propulsion, and energy controls. This integration ensures that all components work seamlessly together to optimise performance and safety. Kongsberg Maritime electrical system Kongsberg Maritime electrical system on these vessels enables efficient operation via ESS The Kongsberg Maritime electrical system on these vessels enables optimal, clean, and efficient operation through the Energy Storage System (ESS). The ESS provides power for peak shaving, spinning reserve, and power boost. This battery hybrid capability offers operational flexibility, allowing the vessels to run on a single engine or have full flexibility for engine selection, thereby reducing fuel consumption and emissions. The 95-metre vessels of MMC 897 CD design, will showcase Kongsberg Maritime’s system integration capabilities in full. Operations in the offshore sector "By selecting our integrated solutions for propulsion, DP, automation and electro equipment, Capital Offshore will see benefits not only in increased fuel efficiency, but also lower OPEX costs," adds Lisa Edvardsen Haugan. Gerry Ventouris, General Manager, Capital Offshore, said: "We are pleased to collaborate with Kongsberg Maritime, a pioneering provider of essential equipment for our new vessels. We aim to ensure that these vessels are of the highest quality, and partnering with Kongsberg Maritime is a critical step in achieving that goal. This cooperation reflects our commitment to excellence as we expand our operations in the offshore sector." Kongsberg's cutting-edge technology Zheng Jinzhu, General Manager, Fujian Mawei Shipbuilding Ltd., stated: "The partnership between Fujian Mawei Shipbuilding Ltd and Kongsberg Maritime has a long history." Zheng Jinzhu adds, "The cooperation between the two sides of this project is rooted in Kongsberg's cutting-edge technology, know-how and proven track record with customers worldwide. We look forward to further collaboration with Kongsberg's team experts for the successful delivery of the new vessels." Hybrid electrical powerplant The propulsion system for each vessel will comprise of two US 255 azimuth thrusters, a single ULE PM 155 retractable azimuth thruster and two TT2200 tunnel thrusters, all powered by permanent magnet motors. The DC hybrid electrical powerplant will include generators, DC-switchboard, transformers and Energy Storage Systems, and is fully integrated with the propulsion system and the DP to optimise operability, performance and fuel efficiency.

P&O Maritime Logistics, a global provider of maritime services, is taking delivery of two new bespoke vessels, designed specifically to service Ok Tedi Mining Ltd (OTML) in Papua New Guinea (PNG). Operating on the Fly River and in the Gulf of Papua, P&O Maritime Logistics’ new vessels will work between Kiunga and Port Moresby, in order to transport mainly copper concentrate for export – a key ingredient in developing renewable technology and in urbanisation. New bespoke vessels to move cooper concentrate P&O Maritime Logistics has been a long-term partner in enabling the development of the mine The movement of copper concentrate from the Ok Tedi mine to Port Moresby – which requires specialist vessels and navigational expertise – is a key link in the supply chain which helps enable OTML’s significant contribution to the PNG economy. With no road or rail links to the mine, P&O Maritime Logistics has been a long-term partner in enabling the development of the mine, servicing the route since the late 1980s. Vessels designed by P&O Maritime Logistics By leveraging the company’s deep experience in navigating challenging marine environments, P&O Maritime Logistics designed and built the two new 5,400 DWT Bulk and Container vessels, in partnership with Wartsila Ship Design and Fujian Mawei Shipbuilding Limited, in order to improve cargo lift, whilst also meeting the unique environmental requirements with a low wake profile, so as to ensure that the communities and ecosystems on the river are not impacted by the ships’ operations. P&O Maritime Logistics is uniquely placed to offer this design because of its knowledge of the river conditions, its collective experience as a major operator in the sector, and its integration with the OTML supply chain – meaning that it has a specialist understanding of the design and output requirements for the vessels, and the needs of its customer. Extension of P&O Maritime Logistics and OTML’s partnership The addition of the two new vessels represents an extension of P&O Maritime Logistics and OTML’s long-term partnership – where the Dubai-based maritime services company continues to leverage its expertise to bring value and efficiency to operations, while investing in the success of the Ok Tedi Mining operation. The addition of the vessels will bring the number of dedicated vessels that P&O Maritime Logistics’ operates in support of OTML to 11. The company is scheduled to take possession of the first vessel in mid-September, followed by the second vessel in mid-October. Expertise in copper concentrate transport The new vessels are part of our long-term commitment to working with Ok Tedi Mining" Martin Helweg, the Chief Executive Officer (CEO) of P&O Maritime Logistics, said “The new vessels are part of our long-term commitment to working with Ok Tedi Mining, where we are able to bring out expertise to transporting copper concentrate and general consumables through complicated marine environments, such as the Fly River.” Martin Helweg adds, “We are continually striving to maximise the outcomes for our customers, demonstrating how we are leaders in transforming our industry by focusing on bringing value through our expertise, operational excellence and willingness to break the mould in order to create new and better solutions. Our new vessels built and customised for operating on the Fly River are a testament to this approach: we put our customers first and invest in their success.” Ok Tedi Mine Musje Werror, the Managing Director and Chief Executive Officer (CEO) of Ok Tedi Mining Ltd (OTML), said “The Ok Tedi Mine is located in a remote and challenging location, and it is important that we work with competent and credible partners to support our operations." He adds, "P&O Maritime Logistics is one of our long serving partners who have brought their long-term expertise to build the right solution to moving our copper concentrate from the Port of Kiunga down the Fly River in an efficient and environmentally conscious way to our silo vessel located in Port Moresby.” We look forward to continuing this partnership with the addition of the new vessels to the fleet" Musje Werror continues, “It also provides the opportunity for more cadets from Western Province to get seat time training under P&O Maritime Logistics. We look forward to continuing this partnership with the addition of the new vessels to the fleet.” P&O Maritime Logistics With over 30 years of operational history in Papua New Guinea, P&O Maritime Logistics has supported enabling economic growth through the mineral industry and has invested in localisation of its workforce. P&O Maritime Logistics sponsors young seafarers through the PNG Maritime College, after which it offers cadet positions aboard state-of-the-art vessels, and it offers overseas training opportunities for its PNG staff base. This provides PNG residents with additional opportunities in the maritime sector and for exposure to new cargo opportunities – such as in Australia. Growth of the company’s local employee base With well over 200 employees in the country, 96% of onshore and offshore employees are from Papua New Guinea and the new ships will grow the company’s local employee base offering good quality jobs.