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.
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.
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
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
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 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
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.
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
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
i-Tech Announces ROV build Program Global contractor, i-Tech, part of Subsea 7 announced that it has placed an order for new build deepwater work class vehicles, which will be supplied with advanced, light weight, high performance handling systems. The systems, to be named Centurion Qx, have been specifically designed and built for i-Tech and its target market. The 125hp Centurion Qx will be rated to operate at water depths up to 2,000m as standard with options to upgrade to 3
A three-day Stakeholders Forum will be held April 27-29 to review draft guidelines for the establishment of a Somalia Maritime Administration, coordinated and funded by the International Maritime organization (IMO), is being hosted by the Kenya Maritime Authority at the Sarova Whitesands Beach
Spreading the word on ballast water management – new free online tools launched A new online learning portal including a free e-learning course on the Operational Aspects of Ballast Water Management (BWM) was launched today by the GEF-UNDP-IMO GloBallast Partnerships Program and the
Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines drew the ire of Beijing which called its objections to the work "unreasonable".
Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built, the Kalmar Gloria DRG1300-92ZX will have the capability of lifting 130 tonnes and will be utilised specifically to lift heavy
Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs). Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017
Nordic liquefied natural gas operator Skangass has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori.
While much of the focus on coverage of the Chinese shipbuilding industry is on big shipbuilding, Maritime Reporter switches gears this month to explore activities in select boatbuilding sectors. Damen Yichang Shipyard The Damen boatbuilding name is ubiquitous around the world
German shipbuilding has made a significant turnaround. The country’s shipbuilding industry has seen increases in the number of employees, orders and deliveries compared to 2013, according to the German Shipbuilding and Ocean Industries Association (VSM).
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
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.
Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal Algoma Central Corporation announced that it has acquired a 2009-built handy size self-unloading ocean class vessel, the Gypsum Integrity, from Gypsum Transportation Limited
Kenya aims to build a cargo logistics hub near the border with Uganda to receive and clear goods through customs that arrive by air, rail or road, easing pressure on the port of Mombasa and Nairobi airport, a senior regional official said.
On the 100th anniversary of the Anzacs’ landing at Gallipoli, BHP Billiton has honoured the contribution of serving Australians and New Zealanders past and present through its support of a number of commemorative initiatives across Australia including a A$10 million donation to the
HANJIN Heavy Industries & Construction (HHIC)-Phil’s Subic Shipyard hit the jackpot bids. On April 20, the company said that it signed a deal to build six 11,000-TEU containerships for European and Asian shipping companies.
Last month Maritime Reporter spent some time with Vivek Seth, CEO, of Qatar-based Halul Offshore Services Company, for his insights on the impact of low oil prices in the Middle East and beyond. What is your background? I became part of the Milaha family when I joined Halul