SeaWalk General Presentation SeaWalk Vard - LNG Storage Barge / LNG Terminal

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1 SeaWalk General Presentation SeaWalk Vard - LNG Storage Barge / LNG Terminal Page 1

2 SeaWalk Vard LNG Technology Potentials for Greece What SeaWalk and VARD can offer to DESFA We appreciate DESFA is seeking for Poseidon Med II a) LNG bunkering b) LNG fuelled feeder vessel c) ports infrastructures for bunkering operations Small scale LNG Projects and others d) LNG loading and offloading e) LNG storage f) Power generation Page 2

3 Table of Contents SeaWalk Presentation Vard Presentation Illustrasjons of Operational Modes Technical Specification 3

4 Delivered 2012 : SeaWalk Skjolden Supported by Innovation Norway 4

5 Delivered 2013 : SeaWalk Geiranger (in parked position at tender pier ) Geiranger a UNESCO World Heritage Site 5

6 Delivered 2013 : SeaWalk Geiranger in operation Geiranger a UNESCO World Heritage Site 6

7 Deliveries : SeaWalk NorthCape Turnaround Port 7

8 Delivery for May 2016 : SeaWalk Nynäshamn, Stockholms Hamn AB 8

9 Delivery for May 2016 : SeaWalk Nynäshamn, Stockholms Hamn AB

10 Table of Contents SeaWalk Presentation Vard Presentation Illustrasjons of Operational Modes Technical Specification 10

11 About VARD VARD is one of the major global designers and shipbuilders of offshore and specialized vessels Headquartered in Ålesund, Norway Delivered more than 300 vessels since 2000 Listed on the Main Board of Singapore Exchange (SGX) VARD s major owner is Fincantieri employees worldwide 10 shipyards located worldwide Page 11

12 Global operations 10 Shipyards worldwide Norway Vard Aukra Vard Brattvaag Vard Brevik Vard Langsten Vard Søviknes Brazil Vard Niterói Vard Promar Romania Vard Braila Vard Tulcea Vietnam Vard Vung Tau VARD is present in Norway, Romania, Vietnam, Brazil, Croatia, Italy, Poland, Canada, US, India and Singapore with various entities supporting the shipbuilding process Page 12

13 51% 100% 100% 50.5% Corporate structure Vard RO Holding SRL (Romania) Vard Niterói SA (Brazil) Vard Tulcea SA (Romania) Vard Braila SA (Romania) Vard Promar SA (Brazil) Fintecna S.p.A. (Italy) 71,64% Vard Singapore Pte. Ltd. (Singapore) Vard Vung Tau Ltd (Vietnam) FINCANTIERI S.p.A. (Italy) Fincantieri Oil & Gas S.p.A. (Italy) 55.63% Vard Design AS (Norway) Other shareholders (free float) 28,36% Vard Holdings Limited (Singapore) Vard Group AS (Norway) Vard Marine Inc. (Canada) Other shareholders (free float) 44.37% 100% Vard Shipholding Singapore Pte. Ltd. (Singapore) Vard Electro AS (Norway) Vard Piping AS (Norway) Vard Accommodation AS (Norway) Seaonics AS (Norway) Vard Brevik Holding AS (Norway) Vard Contracting AS (Norway) Simplified shareholding structure. Does not include dormant subsidiaries, minority shareholdings and non-core businesses. In case of split ownership within the group, only major shareholders are shown. Shareholding structure Page as of 10 13March 2016.

14 About our largest shareholder, Fincantieri One of the world s largest shipbuilding groups Over 200 years of maritime history Built more than 7,000 vessels A world leader in cruise ship construction, and a reference player in other sectors, such as naval vessels, mega yachts, offshore and marine systems. Headquartered in Trieste, Italy Nearly 10,000 employees Page 14

15 Shipyards Vard Aukra Vard Brattvaag Vard Brevik Vard Langsten Vard Søviknes Vard Braila Vard Tulcea Vard Vung Tau Vard Niterói Vard Promar Page 15

16 Deliveries Troms Mira 827 Stril Barents 777 Marjata 800 Skandi Africa 822 Far Sleipner 757 Island Clipper 792 Troms Hera PRO 31 Skandi Angra 828 BB Power Page 16

17 New Contracts 2016 Stern Trawler VARD 8 02 for HAVFISK 15 Module Carrier Vessels VARD 9 21 for Topaz Energy and Marine Page 17

18 Table of Contents SeaWalk Presentation Vard Presentation Illustrasjons of Operational Modes Technical Specification 18

19 LNG Storage Barge Solution Page 19

20 LNG Storage Barge Solution Page 20

21 LNG Storage Barge Solution Page 21

22 LNG Storage Barge Solution Page 22

23 LNG Storage Barge Solution with 2 buoys Page 23

24 LNG Storage Barge Solution with 2 buoys Page 24

25 LNG Storage Barge Solution with 2 buoys Page 25

26 LNG Storage Barge Solution with 2 buoys Page 26

27 LNG Power Barge Solution with 2 buoys Page 27

28 LNG Power Barge Solution with 2 buoys Page 28

29 LNG Power Barge Solution with 2 buoys Page 29

30 LNG Power Barge Solution with 2 buoys Page 30

31 Table of Contents SeaWalk Presentation Vard Presentation Illustrasjons of Operational Modes Technical Specification 31

32 VARD LNG STORAGE BARGE TANK INTEGRATION Patent Granted and Class Approved MAIN DIMENSIONS Length Overall 45.0 m Breadth 20.0 m Draught, design 3.0 m CARGO SYSTEM Tanks, 2 off Cylindrical IMO B Pump type Deepwell Cargo pumps 4x100 m3/h Insulation PU Panels Cargo Cap m3 OTHER / CLASS PS/ SB on/offloading Isolated Compressor Room Full Re-gasification facilities CLASS; To Be Nominated European Page network 32for Health Technology Assessment JA

33 Storage Barge Page 33

34 VARD SEAWALK POWER BARGE MAIN DIMENSIONS Length Overall 90.0 m Breadth 22.0 m Draught, design 5.0 m POWER SYSTEM & TANKS RRM Gas Eng, 4 off 4 x 9000 ekw Option; RRM 2x4 off 8 x 9000 ekw Misc. tanks Power Barge Typical un-propelled barge One LNG storage tank on board Four LNG fuelled generator sets Available in a power range from 20 to 200MWe OTHER / CLASS SeaWalk connection to shore Aux Machinery & System Rooms Gas fuel header PS above main deck Utility, Stores and control rooms CLASS; DNVGL +1A1, Barge, BIS Cargo Cap. Optional x 3000 m European network for Health Technology Assessment JA

35 VARD SEAWALK POWER BARGE Page 35

36 VARD m 3 LNG BUNKER VESSEL MAIN DIMENSIONS Length Overall m Length between p.p m Breadth 18.8 m Depth 12.0 m Draught, design 5.9 m Service Speed 13 kn CLASS BV +Hull+Mach, Liquified Gas Carrier (LNG) IMO type 2G (-163 C, 500 kg/m 3, 0,7 barg) Unrestricted Navigation, AUT-UMS, SYS-NEQ ICE CLASS C, INWATERSURVEY, LNG Bunkering ship, Alternatively any Class Society member of IACS can be selected GENERAL DESCRIPTION High Cargo Capacity vessel with aligned BOR/fuel consumption Fitted with independent cargo tanks Able to bunker LNG STS Cost efficient total solution High maneuverability CARGO HANDLING EQUIPMENT Deepwell Cargo pumps (8x) 100 m 3 Offloading Capacity 800 m 3 /h Forced fuel pumps (5x) 4 m 3 /h Boil of gas compressor 2x100% kw Manifold (Port & Stbd) LVL Gas Combustion Unit 1x100% CARGO & CAPACITY Cargo tanks 4 Cargo tanks IMO type B Cargo tanks volume 7,500 m3 Fuel Oil 175 m3 Ballast Water 3,100 m3 Fresh Water 100 m3 MACHINERY & EQUIPMENT Main engine type (2x) DFDE Main engine power (ea) 1,500 kw Propeller Azimuth Auxiliary generator 350 kw Emergency generator 150 kw Bow thruster (tunnel) 500 kw DECK Machinery Hose handling crane cap. 5 T Hose handling crane reach 25 m Windlass/Mooring winch 2 Off Mooring winches 2 Off Accomodation & Equipment for Crew Accommodation 10 POB Lifeboats 1 aft Liferafts 2 off

37 VARD m 3 LNG BUNKER VESSEL

38 VARD m 3 LNG BUNKER VESSEL

39 LNG Ship Page 39