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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.

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

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

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.  

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.

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

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

Furetank and Älvtank Extend LNG Tanker Order

Image: FKAB

Furetank and Älvtank extend the order with two more of next generation Intermediate Product/Chemical Tankers with LNG propulsion. Furetank Rederi AB and Rederi AB Älvtank have added the previous order with two more newbuildings. Last year a contract signed by the constellation Furetank

“Ottantacinque” Wins German Design Award

Render-Courtesy Fincantieri Yachts

“Ottantacinque”, the concept of the latest-generation luxury mega yacht developed in partnership between Fincantieri Yachts and Pininfarina, introduced last year at the Monaco Yacht Show, won the prestigious annual award of the German Design Council in the category

Reliance Inaugurates New Ethane Carriers

A Type C Tank being installed on World’s first very large ethane carrier of Reliance

In a ceremony held in Geoje (South Korea), Indian's largest private sector company Reliance Industries Limited (Reliance) inaugurated its very first two VLEC (Very Large Ethane Carrier), in the presence of the shipyard Samsung Heavy Industries (SHI) and other key partners of the project

Gulf Navigation Orders 6 Tankers from Wuchang

Dubai's Gulf Navigation Holding has signed a deal with China's Wuchang Group to expand its company's fleet, it said on Wednesday.   Dubai's only listed crude shipper said in a statement the agreement would help meet "increasing demand for transferring chemicals from the UAE and other

Abu Dhabi Ship Building Launches Trainee Program

Photo: Abu Dhabi Ship Building

Abu Dhabi Ship Building PJSC (ADSB) has launched a training and development program which is designed to prepare young Emiratis for careers in the shipbuilding and repair industry.   There are currently 40 trainees enrolled in the first class of the technician development program which

Vessel Aids Fire Emergency While in Final Testing

Photo: Lake Assault Boats

Lake Assault Boats, manufacturer of purpose-built and mission-specific fire and rescue boats, recently assisted the Superior, Wis. Fire Department in its response to a fire on an ore boat at Fraser Shipyards. At the time, a team from Lake Assault was in the final stages of testing the 28-foot

TorQuest Partners Invests in McKeil Marine

Steve Fletcher (Photo: McKeil)

TorQuest Partners has invested in McKeil Marine, in partnership with existing management and shareholders, the two companies announced. Terms of the investment were not disclosed.   McKeil also announced that Steve Fletcher, President, who has been with McKeil for 17 years

MPI Resolution’s Leg Extensions Raises Capabilities

One of the leg extensions being lifted in place for installation at MPI’s Tees Offshore Base in Middlesbrough, UK Photo MPI Offshore

MPI’s wind-turbine installation vessel (WTIV), MPI Resolution, is currently undergoing installation of leg extensions at the company’s Tees Offshore Base in Middlesbrough, UK. Following these modifications, MPI Resolution will be able to operate in water depths of up to 35m

C&C Marine and Repair Delivers Double Skin Tank Barge

Photo: TSGI

The Shearer Group, Inc. (TSGI) announced the completion of a 200’ x 35’ x 12’ double skin tank barge.    TSGI was contracted by C&C Marine and Repair, LLC to provide contract design services. The barge is the first of a series of double skin tank barges that will

DSME Taps GTT to Equip Maran’s New LNG Carriers

GTT said it has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip two new LNG carriers scheduled for delivery in 2019.   The vessels will be built at DSME's shipyard in Geoje, Korea, on behalf of Maran Gas Maritime, a Greek management company

Philippine Navy Orders 2 Frigates from Hyundai Heavy

Image of to-be-built 2,600ton Frigate for the Philippine Navy (Image: HHI)

Hyundai Heavy Industries (HHI) has signed a contract to build two 2,600 ton frigates with the Department of National Defense, Republic of the Philippines.   The frigates, scheduled to be delivered from 2020, will be a smaller light combatant and successor to the Incheon class frigate now in

APM Orders 12 STS, 32 ARMGs Cranes

APM Terminals Medport Tangier port development photo APM

APM Terminals has announced orders for 12 remote-controlled Ship-to-Shore (STS) cranes and 32 Automated Rail-Mounted Gantry Cranes (ARMGs) to equip the new five million TEU* APM Terminals MedPort Tangier facility now under construction at the Tanger-Med II port complex.

USN to Commission LCS Detroit

The future Freedom-variant littoral combat ship USS Detroit (LCS 7) is pierside on Detroits waterfront in preparation for its commissioning on Oct. 22, 2016. LCS-7 is the sixth U.S. ship named in honor of city of Detroit.

The Navy will commission its newest Freedom-variant littoral combat ship, Detroit (LCS 7), during an 11 a.m. EDT ceremony Saturday, Oct. 22 on Detroit's waterfront. Detroit is the sixth U.S. ship in our nation's history to be named in honor of city of Detroit.

Smith Berger Tow Pins Lead the Way

Smith Berger Marine, Inc. said it has been selected by Edison Chouest Offshore to design and manufacture the Tow Pin Stern Roller units required on its nine new vessels, including five escort tugs and four docking tugs.   Edison Chouest is building the new tugs in order to execute a 10-year

Edison Chouest to Build 13 Damen Tugs

Image: Damen

Marine transportation provider and the United States’ largest operator of OSVs, Edison Chouest Offshore (ECO), has teamed up with Damen to build 13 heavy duty mooring assistance and escort tugs. The vessels will be built in the U.S. using ECO’s network of five shipyards with support

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