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Ship Sales

Tanker Sentinel - (built 1986) 106,722 dwt sold for $14.4 million. Tanker Bow Explorer - (built 1975) 31,501 dwt sold to Vulcanus for $4 million. Tanker Jo Breid - (built 1981) 26,300 dwt sold to Norwegian buyers for $7.5 million. Bulker Red Rose - (built 1978) 75,720 dwt sold for $2.35 million. Bulker Lionsgate Bulker - (built 1996) sold to London based Greek buyers for $18.25 million. Bulker Litrotis - (built 1981) 64,120 dwt sold at auction in Singapore for $3.5 million. Bulker Al Esraa - (built 1996) 16,113 dwt sold to Greek buyers for $6.6 million. Containership LT Nipponica - (built 1989) 23,741 dwt sold to Greek buyers for $12.5 million. Containership LT Mediterranea - (built 1988) 23,473 dwt sold to Greek buyers for $12.5 million. Containership Tang He - (built 1983) 20,825 dwt , Qing He - (built 1982) 20,829 dwt, and Fen He - (built 1982) 20,828 dwt sold for $9 million en-bloc.


Three Tankers Purchased

Unknown Italian buyers recently purchased three 1979 Japanese-built tankers for a total of $5.9 million. The vessels acquired by the Italians were the Sarpindo Palapa (16,370-dwt), the Sarpindo Primuda (16,319-dwt) and the Sarpindo Pribumi (16,291-dwt). Another tanker sold was the 1986 German-built Leng (10,628-dwt) purchased by unidentified Danish buyers for $11.9 million. Unknown buyers purchased four Japanese-constructed bulk carriers for a total of $32 million.


South Australia Seeks Shipbuilding Job Guarantees

Image - Commonwealth of Australia: Navy Imagery Unit

 The South Australian Government has outlined three key points on shipbuilding it wants addressed by the Commonwealth's Defence White Paper next month.   It wants (1) a minimum 70 per cent Australian worker participation in the building, similar to the Collins Class submarines, (2) a guarantee the future naval submarines and frigates will be built in Australia and (3) that the local industry will have a continuous building program.  


STX to Set Up Subsidiary in China

STX Shipbuilding Co said Tuesday it plans to make an initial investment of 35 billion Korean Won to set up a wholly-owned subsidiary in , STX () Business, reports said. STX Shipbuilding said in a statement to regulators that STX () Business would be in charge of management and leasing of STX's facilities in . STX Shipbuilding would be the first Korean company to build a shipyard in , and the first Korean-owned overseas shipyard capable of building a whole vessel


Graig Takes Delivery of Bulk Carrier

King Peace before delivery_web.jpg

Cardiff-based Graig Ship Management Limited has taken delivery of the 79,600 dwt bulk-carrier King Peace, for which it is providing full technical management and crewing on behalf of Shanghai-based Zhong An Shipping. The vessel was built at China’s Wu Jia Zui Shipyard under the supervision of Graig China Ltd. Managing ships for Chinese owners is a logical step for Graig, which began business in China in 1995, building ships there for itself


Crowley’s Corporate Office Achieves LEED Silver

Photo courtesy Crowley Maritime

Crowley Maritime Corporation Chairman, President and CEO Tom Crowley, elected area officials and business leaders gathered at the company's corporate headquarters in Jacksonville to commemorate the completion of Crowley's office building renovation project and its United States Green Building Council LEED (Leadership in Energy and Environmental Design) Silver Award Designation. The Crowley building is only the second building in Jacksonville to attain the LEED Silver award for commercial


IMO Reoccupying its Headquarters

IMO will be fully operational, once again, from its Headquarters on 's Albert Embankment, following a 20-month period in temporary accommodation while the Headquarters building underwent major refurbishment. The first major meeting to be held in the refurbished Headquarters will be the 84th session of the Maritime Safety Committee (7 to 16 May) and the building will be formally re-opened in a special ceremony in mid-June to coincide with the 100th session of the IMO Council.


PPL Shipyard to Build Jackup for Offshore Group Corp.

PPL Shipyard, a subsidiary of SembCorp Marine, has secured a rig building contract worth $155m from Offshore Group Corp. for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jackup Rig. Construction of the jackup rig is expected to commence in December 2006 with delivery scheduled in July 2009. The jackup rig will be built based on PPL's proprietary Baker Marine Pacific Class 375 Deep Drilling design


HSL to Build Naval Ships

Reports indicate that Hindustan Shipyard Ltd (HSL) of India is set to add naval ships to its order book. The defense ministry is keen to place orders for building naval ships at HSL and a decision is expected by next month, reports said. Mazgaon Docks Ltd, Garden Reach, Kolkata, Goa Shipyard and Cochin Shipyard build most of the naval ships. Among the private firms, ABG Shipyard has built some coast guard ships, while Bharati Shipyard has built some vessels for the Indian Navy.


Building Fishing Boats on the Bayou

When one conjures images of a prosperous and healthy marine niche today, it is guaranteed that the fishing boat market is the first, second, or third to come to mind. Plainly put, there are not a lot of fishing boats being built today. A few are built each year, mainly as replacements, in the major fishing areas of New England and the Northwest. The same is basically true in the Gulf south, except for a small dot on the map named Bayou La Batre, Ala


HHI Receives $650 mln Order from Iran for 10 ships

Photo courtesy Jelle van der Wolf, Adobe Stock

South Korean shipbuilder Hyundai Heavy Industries Co Ltd received a $650 million order to build 10 ships for Iran's state-owned shipping company, South Korea's Yonhap News Agency reported on Saturday, citing a Hyundai Heavy spokesman. The company will build container ships and tankers for


SCI Led JV Takes Delivery of LNG Carrier “PRACHI"

The joint venture partners comprising SCI, MOL, NYK and K-Line that owns MT Prachi, also operate the three vessels. Photo SCI

A Joint Venture comprising The Shipping Corporation of India Ltd. (SCI), Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines, Ltd. (MOL), Kawasaki Kisen Kaisha, Ltd. (“K” Line), and Petronet LNG Ltd (PLL), have taken delivery of a new build Liquefied Natural Gas (LNG) carrier MT


PPL Yards Not for Sale: SembMarine

Photo:  PPL Shipyard Pte Ltd

 Sembcorp Marine has denied the rumours that it was mulling the sale of all or part of subsidiary PPL Shipyard, according to a report in the Business Times.   "Neither our rig-building subsidiary PPL Shipyard nor any of the yards from which PPL is operating are up for sale


New Patrol Vessel for PCG

The Philippine Coast Guard (PCG) has taken delivery of a new Japanese-built patrol vessel in Manila on December 8.   The new vessel, Malabrigo (MRRV-4402), is the second in the Parola-class patrol vessel series of 10 new 44-meter multi-role response vessels (MRRV) being built and delivered


US Navy Destroyer John Finn Delivered

Ingalls Shipbuildings 29th Arleigh Burke (DDG 51) destroyer John Finn (DDG 113) sails the Gulf of Mexico during Alpha sea trials. (Photo: Lance Davis/HII)

The U.S. Navy has accepted delivery of future guided-missile destroyer USS John Finn (DDG 113) from shipbuilder Huntington Ingalls Industries (HII) on December 7, the 75th anniversary of the attacks on Pearl Harbor.   HII’s Ingalls Shipbuilding division delivered the Arleigh


Port Taranaki Orders New Tug from Sanmar

Port Taranaki representatives and Sanmar’s sales director at the contract signing: Grant Squire, marine engineer supervisor; Guy Roper, chief executive; Craig Bramley, Sanmar director of sales-Australian region; and Neville Fox, head of marine services (Photo: Sanmar)

Within a few weeks of unveiling a new compact tractor tug jointly designed with Robert Allan Limited, Turkish shipbuilder Sanmar has secured an order from a port on the west coast of New Zealand.   Port Taranaki has awarded the Sanmar a contract to build the very first of its exclusive


Gulfstream Wins DHS Ferry Contract

(Photo: Gulfstream Shipbuilding)

Custom Aluminum Ferry Designed and Built for Long Island Coast Waters   Gulfstream Shipbuilding won a contract through the United States Department of Homeland Security for a passenger/vehicle ferry to service the New York and Connecticut waters. This 118 x 27 x 10.75 ft


Robert Allan Inks Contract with Uzmar Shipyard

Photo courtesy of Robert Allan Ltd.

Robert Allan Ltd. has announced the signing of a contract during the recent International Workboat Show in New Orleans, USA.  Robert Allan Ltd. and Uzmar Shipyard signed documents commencing a new high performance escort tug project.  


Gondan Delivers Live Fish Carrier

The sophisticated and complex vessel that today is departing for her Port of Registry, Bergen, will transport live fish between different farms and inland fish factories. Photo Gondan

Yesterday GONDAN delivered the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by the yard. After recently completing successfully the sea trials program, the vessel will head today to Bergen, her Port of Registry. Later on she will sail to Scotland


Three Hanjin Ships Auctioned in Rotterdam

Photo: Hanjin Shipping

 Three containerships of the bankrupt Korean shipping firm Hanjin Shipping were sold at an auction in Rotterdam for a total of USD 392 million, according to Dutch media fd.nl and Nieuwsblad Transport.   The 13,000 TEU ships were auctioned on behalf of creditor HSH Nordbank. 


Sri Lanka, China Ink Deal to Develop Southern Port

Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where China has also been offered an investment zone.   The cabinet approved a plan under which Sri Lanka will lease 80 percent of the Hambantota port to Hong


GE Gas Turbines to Power Indian Stealth Frigate

LM2500 (GE Marine Solutions)

GE’s Marine Solutions announced that its LM2500 marine gas turbines will power the Indian Navy’s P17A stealth frigate. The LM2500 gas turbines will be provided by Hindustan Aeronautics Limited (HAL) Industrial and Marine Gas Turbine division, Bangalore, India under license from GE.


Robert Allan, Uzmar Shipyard Ink Tug Deal

Contract signing Photo Robert Allan

Robert Allan Ltd. has signed a contract during the recent International Workboat Show in New Orleans, USA.  Robert Allan Ltd. and Uzmar Shipyard signed documents commencing a new high performance escort tug project that is an example of the continuing strong co-operation existing between the


From Across the Big Pond

Stan Tug 3711 - (4x) to be built by Conrad Shipyard for Young Brothers (Photo: Damen)

With familiar faces, new partnerships and Houston office, Damen widens its North American profile with a flurry of new work orders.   With a flourish and a flurry of new business, Damen’s new U.S.-based office officially opened in Houston, Texas on July 1, 2016


US Fines 'Duck Boat' Manufacturer in Fatal Crash

The U.S. Transportation Department said on Tuesday the company that built a Seattle amphibious "duck boat" involved in a deadly 2015 collision between the vehicle and a charter bus that killed five international students has agreed to pay a fine of up to $1 million.  






 
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