Consistent with the build method for all the vessels in the series, the first steel plates cut for this ship will be used in construction of the engine room of the 46,000 deadweight ton
(dwt) product tanker.
Time charter = The shipping company charters out its ships complete and crewed for a payment based on a certain sum per day or a certain sum per deadweight ton
The acquisition of the new vessels will also lower the company's average age as of December 31, 2002 per deadweight ton
The 308,500 deadweight ton
ship is one of the two largest double hull tankers in the company's owned and controlled fleet, bringing to 12 the number of double hull ships operated by Chevron.
Contract Awarded for the design and construction of one 50,000 deadweight ton
LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity, plus an option for one additional vessel.
The three 125,000 deadweight ton
(DWT) tankers are scheduled for delivery beginning with the Endeavour in February, 2000; and followed by the Resolution in August, 2000, and the Discovery in the first quarter of 2001, according to Avondale.
Additionally, the Dalian-based shipyard will build two 21,000 deadweight ton
(dwt) module carriers which would be delivered in 1H 2015 and 2H 2015, respectively to a European based firm, who might exercise options for two additional module carriers.
Each new 308,000 deadweight ton
tanker will be capable of carrying approximately two million barrels of crude oil on a voyage from the Middle East to Chevron's refining locations in the United States.
The 312 class meets 100 percent of ECO s customers requirements for a high deadweight ton
capacity, deepwater PSV that is extremely fuel efficient.
The 150,000 deadweight ton
, double hull CHEVRON MARINER can carry approximately one million barrels of cargo on each voyage, and will be used in regular Chevron trades to the United States from West Africa, Indonesia and the Middle East.
Since the launch of the commercial operation of OSC in 2003, the company increased its fleet to 43 vessels, including taking delivery of 17 vessels in 2012, in addition to one LNG carrier still under construction increasing the fleet to 44 vessels and around 8 million deadweight tons
by 2014, as per the current plans of the company.
The regulation applies to all building contracts placed on or after January 1, 2013 for newbuildings over 5,000 deadweight tons
Analysts said that the dry bulk fleet, responsible for shipping iron ore, coal and other commodities, was expected to grow 13% in 2011 to top a record 600 million deadweight tons
in 2011 despite demand rising by just 5% to 8%.
It is 950 feet long and has a displacement of 58,000 deadweight tons
8 million deadweight tons
, against the fleet's 194.