Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Keppel Verolme gets Solitaire job

    Yard News // November 26, 2004
    Fairplay ( reports that Keppel Verolme BV in the Netherlands has secured a 20 million conversion contract of the pipelay vessel Solitaire from Solitaire Marine Contractors.

    "The Solitaire has been at the centre of a long-running legal battle between Singapore's SembCorp conglomerate and AllSeas going back to 1993," said Fairplay. "AllSeas had awarded the then Sembawang Corp the conversion of the bulk carrier into a pipe laying vessel, but terminated the agreement citing unacceptable delays. It then awarded the job to UK based Swan Hunter. The dispute was referred to a London arbitration court in 1997. AllSeas has claimed US$460 million plus legal costs."

    Solitaire is expected to arrive at Keppel Verolme yard in January 2005 for a two-month conversion job that involves among others regular repair and maintenance and structural mechanical adjustments.

    Interested in international disputes & (commercial) arbitration?
    Transnational Dispute Management (TDM, ISSN 1875-4120) is a comprehensive and innovative information service on the management of international disputes, with a focus on the rapidly evolving area of investment arbitration, but also in other significant areas of international investment (such as oil, gas, energy, infrastructure, mining, utilities etc). It deals both with formal adjudicatory procedures (mainly investment and commercial arbitration), but also mediation/ADR methods, negotiation and managerial ways to manage transnational disputes efficiently. See for more information.

    More articles from this category

    More news