Shipyard

“Prelude” To A New Technology In Floating Liquefied Natural Gas Processing

News Analysis: “Prelude” To A New Technology In Floating Liquefied Natural Gas Processing  by Royal Dutch Shell is a 488 Meter (1,601 feet) Vessel (built by Samsung Shipyard In South Korea). This Vessel will be employed in the Indian Ocean offshore of Australia.

Royal Dutch Shell is to be commended for pursuing this State-of-the-Art Technology. Now, every effort should be made to let the World Petrochemical Users know of such a Reality; as well as the Great Expense Ventured in creating the “Prelude”. After doing so, perhaps Politicians will diminish their Sophomoric Rhetoric about the cost of Petrochemicals.

Billions of Dollars invested on  Craft as the “Prelude” are not ‘sourced out of thin air’. They are derived from the results of ” Expensive Upstream (to this Vessel’s Operations) and Downstream Production” and Sales to Customers Worldwide. Reality.

Reference: http://tinyurl.com/lnawtfz

If Too Expensive, Build Them Yourselves

News Analysis: Once the ‘Non-Recurring Costs’ [NRC] of establishing a shipyard have been paid for, the ‘Recurring Costs’ [RC] of labor and material, energy, etc. on an individual build should be significantly less than merely purchasing a ‘New Build’ from another Shipyard. Amortized NRC and unit RC amounts should be less than the competition’s price. Since new vessels can be built for others, ‘Learning Curve” efficiencies and bulk material buying can further reduce ship construction costs even further over extended time. If financially able, this is a good methodology for a country.

Reference: http://tinyurl.com/krds4v9