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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.


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

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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 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


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.


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


i-Tech Announces ROV Build Program

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


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


Ingalls Authenticates Keel on Aegis Destroyer

With Ingalls Shipbuilding President Brian Cuccias (right) observing, shipfitter Bob Boegner (left) and Ship Sponsor Georgeann McRaven delcare the keel of Ralph Johnson (DDG 114) to be “truly and fairly laid.” Photo by Lance Davis/HII

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division today authenticated the keel for the company's 30th Aegis guided missile destroyer, Ralph Johnson (DDG 114). To make it official, Georgeann McRaven, ship sponsor and wife of retired Adm. William McRaven, former commander, U.S


Star Bulk Takes Delivery of M/V Leviathan

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Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, has announced that on September 19, 2014 it has taken delivery of M/V Leviathan, a 182,000 dwt Capesize built by Japan Marine United (JMU).


Naming of M/V “SITC SHANDONG” at CSBC Shipyard

Mr. Yang Shaopeng,Chairman of SITC International(sixth right)and Mr.Lai Shangui, Chairman of CSBC(fifth Right)

The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation, Taiwan.(CSBC). Mr. Yang Shaopeng, Chairman of SITC International, and Mr


U.S. to Join Anti-Piracy Organization: USCG Admiral on Council

Coast Guard Rear Adm. Paul Thomas: Photo USCG

The USCG informs that the U.S. is due to become the 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP), with a Coast Guard admiral to serve on governing council. Established in 2006


TOTE, Saltchuk Secure Financing for Marlin Class Vessels

TOTE President and CEO Anthony Chiarello (left) with U.S. Secretary of Transportation Anthony Foxx

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.6 million loan guarantee for TOTE Shipholdings and Saltchuk Resources for their Marlin Class vessels


US Joins Antipiracy Organization

Paul Thomas

U.S. Coast Guard admiral to serve on governing council The U.S. will become the 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) on Tuesday. Established in 2006


Alaska Class Ferries to Be Built in Ketchikan

An announcement was made September 20 that Alaskas new ferries will be built in Southeast Alaska. Adam Beck, President of Vigor Alaska and Alaska Governor Parnell sign the agreement. (Photo courtesy Office of the Governor)

Announced by Governor Sean Parnell Saturday, September 20, the State of Alaska and Vigor Industrial have reached a final agreement to construct two Alaska Class Ferries at Vigor Alaska in Ketchikan. The vessels will be the first Alaska Marine Highway System ferries to be built in Alaska.


Grounded Laker Refloated in Duluth

Photo Credit: Dawn M. LaPointe, RadiantSpiritGallery.com

M/V Paul R. Tregurtha freed by The Great Lakes Towing Company after laker ran aground in Duluth M/V Paul R. Tregurtha was refloated by The Great Lakes Towing Company Tugs Kentucky and Minnesota under the command of two Duluth veteran Towing Company Captains, Martin Lightner and George LaTour


MN 100: Sneed Shipbuilding, Inc.

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17112 Market Street Channelview, TX 77530 E-mail: cesneed@sneedshipbuilding.com Website: sneedshipbuilding.com Owner: Clyde Sneed Owner: Mitch Jones Number of employees: 180 The Company: Sneed operates out of its main facility, nearly 40 acres in Channelview, Texas


MN 100: Alternative Marine Technologies LLC

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62 Southfield Road, Suite 214 Stamford CT. 06902 Website: www.alternativemarinetech.com E-Mail: rkunkel4@gmail.com President / CEO: Robert Kunkel Number of employees: 12 The Company: Alternative Marine Technologies (AMTECH) was developed to provide technical support to Owners in Shipping;


Damen Delivers Tug to Bremenports

Photo courtesy of Damen

Bremenports, the management company for the twin German ports of Bremen and Bremenhaven, took delivery of its first Damen-built vessel – a Stan Tug (Stu) 1606. Built to a proven design and delivered on time, the tug, named Albatros, will be mobilized primarily in assisting maintenance


MN 100: Willard Marine

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1250 N. Grove St. Anaheim, CA 92806 Telephone: 714 666 2150 E-mail: kjacquelin@willardmarine.com Website: www.willardmarine.com CEO/President: Ulrich Gottschling Number of Employees: 60 The Company: Founded in 1957, Willard Marine designs and builds aluminum and fiberglass boats for


MN 100: Volvo Penta of the Americas

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1300 Volvo Penta Drive Chesapeake, VA 23320 Tel: 757.382.4010 Email: Lindsy.shrewsberry@volvo.com Website: www.volvopenta.com CEO/President: Ron Huibers Number of Employees: 1,400 The Company: Volvo Penta, with approximately 4,000 dealers in more than 130 countries


McAllister Towing Celebrates 150 in Style

(Photo: Greg Trauthwein)

McAllister Towing hosted a dual celebration in New York City on Friday, September 19, a gala in honor of the company’s 150th anniversary and a traditional christening of the Buckley McAllister, the latest high tech tractor tug added to the company’s fleet.


MJP Introduces Hybrid Waterject

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Marine Jet Power (MJP) introduced a new product concept that is optimized for high-speed applications. According to MJP, the new hybrid waterjet combines the best characteristics of the MJP DRB series with the Ultrajet series. MJP said the idea to take the best from its DRB and Ultrajet series






 
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