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September 27, 2012

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Rickmers-Linie transports three 475-tonne LPG storage tanks from Malaysia to Kuwait

News Release Rickmers-Linie GmbH & CIE. KG (Head Office) September 27, 2012
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<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black"
lang=EN-US>Rickmers-Linie&#8217;s 19,100dwt <I>Baltic Winter</I> has recently
completed the transportation of three LPG storage tanks, each weighing 475 tons,
from Kuantan in Malaysia to Shuaiba in Kuwait. </SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>Fabricated by </SPAN><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>KNM Process System Sdn
Bhd</SPAN><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>, part of
the global KNM Group, the tanks were destined for the new Kuwait Oil Tanker
Company (KOTC) LPG filling station at Umm Al-Aish, to the north of Kuwait City.
The new plant will be built on an area of 150,000 square meters and provide 15
million cylinders of gas every year.<SPAN
style="COLOR: black"></SPAN></SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>The overall project, which
involves six tanks, is being handled by the Malaysian heavylift transport
specialists SGV Logistik Sdn Bhd and Aman Logistics Sdn Bhd. It was SGV Logistik
that awarded to Rickmers-Linie the contract to transport the first three units
to Kuwait.</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black" lang=EN-US>Each tank
measures 60.1m x 9.0m x 9.75m and proved a challenge for <I>Baltic Winter</I>,
one of Rickmers-Linie&#8217;s large fleet of heavylift multi-purpose dry cargo
vessels. Despite being fitted with two 400-tonne cranes that can be twinned to
lift 800 tons, calculating a safe stability configuration was not easy.
</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black" lang=EN-US>In normal
circumstances this would not&nbsp;have been a big issue but the fact that no
stability pontoon was available on this vessel, it turned out to be quite a
difficult job. After hours of </SPAN><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>thorough preparation and
planning, the <SPAN style="COLOR: black">Rickmers-Linie Cargo Transportation
Engineering Team finally developed a suitable solution. </SPAN></SPAN><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black; FONT-SIZE: 10pt"
lang=EN-US></SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black" lang=EN-US>Background
to the project</SPAN></B></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; COLOR: black"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; BACKGROUND: white" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; BACKGROUND: white; COLOR: black"
lang=EN-US>In September 2010, Kuwait Oil Tanker Company (KOTC) signed contract
with South Korea&#8217;s</SPAN><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'; BACKGROUND: #eef0f3; COLOR: black"
lang=EN-US> </SPAN><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'"
lang=EN-US>Hanwha Engineering and Construction Company </SPAN><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>to establish a liquefied
gas plant in the Umm Al-Aish area. KOTC said at the time that the project will
provide for the needs of the northern region of the state and the new cities and
projects like Bobyan Port and Al-Hareer City, adding that it will serve the
local market until 2030<SPAN
style="BACKGROUND: #eef0f3; COLOR: black">.</SPAN></SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"
lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>The project will use the
latest technology in filling gas cylinders and will use the safest and
environmentally sound techniques for storage, KOTC noted.
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