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ARIES MARINE

Delivery: Bollinger Delivers the "New" Elsa Leigh

Bollinger Shipyards last month re-delivered the 254-ft. supply boat, Elsa Leigh, to Aries Marine Corp., of Lafayette, La., which is the new name for the former Seacor Clipper following extensive renovation at Bollinger's Morgan City shipyard. The new name is in honor of Elsa Leigh, the four year-old daughter of Courtney B. Ramsay, vice-president of Aries Marine. "This is the kind of project we love," said Donald "Boysie" Bollinger, chairman and CEO of Bollinger. "Repair, conversion and retrofitting boats has been a vital part of our business since my father founded the company in 1946 and jobs like this always present new challenges." Much of the work involved mechanical systems in the hull and replacement of about 30 percent of the boat's steel. The vessel was brought up to ABS DPS 1, FiFi1 and GMDSS Area 3 certification. Her two main EMD engines were removed and rebuilt by NREC in Houma, La., who boosted their power from 1,250 hp each to 1,500 hp each. The boat's old reverse/reduction gears were replaced with re-conditioned Falk gears to accommodate the higher horsepower and her two drive shafts were re-conditioned at Bollinger. Elsa Leigh's Detroit Diesel 12V71 generator sets were "tuned up" and a Cummins KT-19 M3 700 hp diesel engine replaced the existing Detroit Diesel bowthruster engine. That engine was re-conditioned and used to drive a fire pump that serves two new 11,000 GPM Stang fire monitors that Bollinger added to the boat


Grandunion Controls Aries Maritime Transport

Aries Maritime Transport Limited (NASDAQ:RAMS) announced that Grandunion Inc., a company controlled by Michail S. Zolotas and Nicholas G. Fistes, acquired 18,977,778 newly issued common shares in Aries in exchange for three capesize drybulk carriers. Of such shares, 2,666,667 were transferred to Rocket Marine Inc., a company controlled by two former directors and principal shareholders in Aries, in exchange for Rocket and its affiliates entering into a voting agreement with Grandunion


Aries Maritime Provides Update on its Fleet Deployment

Aries Maritime Transport Limited announced an update on its fleet deployment. The Bora, a 2000-built double-hull products tanker, returned to service last week following the completion of works, which included dry-docking repairs and upgrades, as previously announced. The vessel is being deployed in the spot market, while period charter opportunities are explored. The cost of repairs is expected to total approximately $1.4m.


Aries Maritime Announces Extended Period Charter for the Ocean Hope

Aries Maritime Transport Limited announced it has extended the existing period charter for the Ocean Hope, a 1989-built container vessel, with China Shipping Container Lines (CSCL). The extended charter is for a period of 24 months at a net rate of $13,300 per day, commencing on June 13, 2007. The Company also announced that the MSC Oslo, a 1989-built container vessel, returned to service on April 14, 2007, following the completion of works necessary to achieve the speed required


Aries Maritime Transport Limited Announces 3Q Results

Aries Maritime Transport Limited reported its financial results for the nine months ended September 30, 2007. Revenues of $23.2m were recorded for the three months ended September 30, 2007, compared to revenues of $26m recorded for the three months ended June 30, 2007. The decrease in revenues is primarily attributable to unscheduled out-of-service time related to the Ostria, a 2000-built double-hull products tanker, and scheduled out-of-service time related to the High Land


Aries Renews Bareboat Charters for Two Tankers

Aries Maritime Transport Limited announced it has renewed the bareboat charters for the Stena Compass, a 2006-built double-hull products tanker, and its sister ship, the Stena Compassion, with Stena Group. The charters will be for 23 to 25 months at a gross rate of $18,700 per day per vessel, less 2.5% in brokerage commissions. The charters also include a profit-sharing component for Aries equal to 30% of the actual Time Charter Equivalent rate above $26,000 per day per vessel


APR Labs Greener Method of Propulsion

Photo courtesy APR Labs

In 2006, Aries Propulsion Research Labs (APR Labs) introduced a new method of propulsion technology labeled Omni-Directional Propulsion (ODP). The method was created by designer Chris B. Hewatt and was first published on the United States Patent and Trade Organization (USPTO) Web site as publication 20060230847. APR Labs says that this unique design has been gaining attention in the transportation industry, but could have its greatest impact on the marine industry because it creates movement


Offshore Drilling Expenditure Expected to Increase

MarketResearch.com announced the addition of GBI Research's new report "Offshore Drilling Industry in the Americas to 2015 - New Deepwater Discoveries and Stringent Offshore Regulations Affecting the Future Industry Outlook," to their collection of Energy market reports. The report provides forecasts for the offshore drilling industry in the Americas to 2015. The report also provides segmental forecasts of the offshore drilling market by water depth and highlights the major


Drew Marine Acquires Chemring Marine

Affiliates of Drew Marine (“Drew Marine”) have reached a definitive agreement with Chemring Group PLC (“Chemring”) to acquire Chemring’s maritime interests (“Chemring Marine” or the “Company”) for a cash consideration of £32 million, subject to standard closing adjustments.  Under Drew Marine’s ownership, the business will be named Drew Marine Signal and Safety (“DMSS”).   


Offshore Service Vessels Design Innovation

PSV World Sapphire from Damen (Photo courtesy Damen)

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market. Driven by demands to supply people, gear and goods to offshore installations that are increasingly further from shore in deeper waters, today’s OSV is a far cry from those built only a decade ago. Maritime Reporter examines some of the recent innovations in design and function.


Gondan Lays Keef for IMR Oceanographic Vessel

Gondan Shipyard has celebrated at its facilities in Figueras the keel laying ceremony of the new Oceanographic Research Vessel for the Institute of Marine Research (IMR) of Bergen, Norway. Several representatives from the Norwegian Ministry of Foreign Affairs


OSV Technology: Notable Designs & Deliveries

MV Shelia Bordelon

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years. Here’s a look at some of the more notable designs and deliveries.


VT Halter Powers Ahead

“The secret of VTHM’s success is our ability to harness existing commercial and defense-related project ‘know-how’ and integrate it with emerging technologies.  Our ability to do government and commercial work in one facility is one of the things that makes VT Halter a little different.”  Bill Skinner, CEO,  VT Halter Marine

If you drive just south of I-10 in Pascagoula, Miss., within 10 minutes you find yourself on the doorstep of VT Halter Marine, arguably one of the more diverse and active shipyards in the U.S. The company, which is a subsidiary of Vision Technologies Systems, Inc


Apply Now for the MN 100

MN AUG14 Cover.jpg

The August 2015 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.  


Swire Pacific Offshore wins Industry Award at IMA

Swire Pacific Offshore emerges as the winner of the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) ceremony held during the Singapore Maritime Week 2015

  Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) won the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) 2015 ceremony held on Tuesday, 21 April 2014 at The Ritz-Carlton, Millennia Singapore.  


Bulk Carrier in St. Lawrence Seaway Refloated

U.S. Coast Guard photo

Vessel previously grounded in St. Lawrence Seaway refloated, navigational channel open. The vessel ran hard aground after suffering a steering casualty, and at this time there is no pollution reported. The motor vessel Juno, a 621-foot bulk carrier which ran agound in the vicinity of Wellesley


Newcastle Coal Port Reopening as Storm passes

Australia's Newcastle port, the world's biggest marine coal export terminal, will reopen later on Thursday after shutting down earlier this week due to a heavy storm, according to the port. Australia's biggest coal companies, including BHP Billiton Ltd , Glencore Plc, Rio Tinto


GE Gas Turbines Earn LR Design Appraisal to Marine NVR

Image: GE Marine

GE Marine’s LM6000 aeroderivative marine gas turbine PC and PG models have received Lloyd’s Register’s Design Appraisal Document to the Marine Naval Vessel Rules (NVR).    According to Ge, the fuel-efficient LM6000 simple-cycle gas turbine delivers over 40% thermal


Rolls-Royce to Power Ice-class MPV

Bergen B32:40V12ACD engine (Image: Rolls-Royce)

Rolls-Royce informs it has secured a contract to supply a power and propulsion package for an ice-class multipurpose vessel under construction at Keppel Singmarine for Singaporean ship owner New Orient Marine Pte Ltd.   The propulsion package includes a 1,650kW and two 3


GOST System Tracks Stolen Boat in Abacos

Global Ocean Security Technologies - offers a full line of state-of-the-art wireless security, monitoring, satellite tracking, and surveillance, acoustic deterrent and cloaking systems for any size vessel.

  GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems, announced today the successful recovery of a stolen vessel in the Bahamas.


Salvage and Wreck Removal Conference

  HINODE Events and Services Pvt Ltd., have announced the 4th Annual Conference on Salvage and Wreck Removal in India to be held on Wednesday, July 8, 2015 at Visakhapatnam on India's East Coast. This conference is being held for the first time in Visakhapatnam, a busy Dry Bulk Port


Spanish Ferry Operator Enrolls in Carbon Credits Program

Spanish ferry operator Baleària has signed up to AkzoNobel’s carbon credits program. The company has enrolled its passenger ferry Martin i Soler into the scheme, which financially rewards ship owners by enabling them to generate income in the form of carbon credits earned by reducing


Maritime Casualty Forum Held in Singapore

Speakers at the Asian Marine Casualty Forum listen to conference chariman, David Pockett (center). Photo courtesy of LOC

More than 250 shipping and insurance professionals gathered for the first ever Asian Maritime Casualty Forum held during Singapore Maritime Week.   The two-day conference, hosted by global marine and engineering consultancy London Offshore Consultants (LOC)


Incat Crowther Designs Commercial Security Vessel

Image courtesy of Incat Crowther

Incat Crowther has received a contract to design an offshore commercial oilfield security vessel for Veecraft Marine and its client, UTM Dredging Ltd, the designer announced today.   Continuing its relationship with Veecraft Marine, a South African shipyard specializing in aluminum vessels


MMT Presents Surveyor Interceptor ROV (SROV)

SROV_Surveyor Interceptor ROV_MMT WEB.jpg

At Ocean Business in Southampton  MMT´s key topic was the new Surveyor Interceptor ROV (SROV). Together with its Norwegian partners Reach Subsea AS, MMT developed a new generation, survey ROV, named Surveyor Interceptor (SROV), which is specially designed for pipeline inspection and






 
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