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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.

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.

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

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.  

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

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

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.

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

Diana Charters Panamax Bulker

Courtesy Diana Shipping

  Diana Shipping Inc. today announced that through a separate wholly-owned subsidiary, it entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Melite. The gross charter rate is $7,250 per day minus a 4

Sanmar to Build 6 Terminal Tugs for Svitzer

Svitzer has signed a contract with Turkish shipbuilder Sanmar Shipyard for the construction of six newbuild terminal tug vessels, the first of which is scheduled for delivery in Q4 2016.   The new fleet will be 70-metric-ton bollard pull RAstar 2800-E Class ASD tugs with escort capability

Insights: Matthew Paxton, SCA President

Matthew Paxton

Matthew Paxton is President of the Shipbuilders Council of America (SCA), and a partner at the law firm of Adams and Reese. SCA is the national trade association representing 41 companies that own and operate more than 120 shipyard facilities on all three U.S

Carter: US Will Sail Wherever International Law Allows

In a clear rebuff to China, U.S. Defense Secretary Ash Carter said on Tuesday that the United States military would sail and fly wherever international law allowed, including the South China Sea.   "Make no mistake, the United States will fly

US Must Exercise Freedom of Navigation in Asia-Pacific -Navy Commander

Adm. Harry B. Harris Jr., Commander, U.S. Pacific Command (Photo: U.S. Department of Defense)

The commander of U.S. forces in the Pacific said on Friday the United States must carry out freedom of navigation patrols throughout the Asia Pacific, but declined to say whether it planned go within 12 nautical miles of China's artificial islands in the South China Sea.  

Zarmati joins Fathom

Maurice Zarmati

  Fathom has engaged 44-year cruise industry veteran Maurice Zarmati to work with the burgeoning company. Fathom, which provides a different kind of cruise that combines travelers’ love of travel with their desire to make a difference

China Completes lighthouses construction in disputed South China Sea

Maritime claims in the South China Sea Image by Wikipedia

  China has completed the construction of two lighthouses in the disputed South China Sea, the official Xinhua news agency reported, as tensions in the region mount over Beijing's maritime ambitions. A completion ceremony was held for the lighthouses on Huayang Reef and Chigua Reef in the

Poland Expects First LNG Shipment Next Month

Image: Polskie LNG

 As Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia is at the final stage, Poland expects to receive its first cargo of liquefied natural gas (LNG), reports Reuters.  

20 Nations Reinforce their Commitment to Fight Piracy

Rear Admiral Michael Noonan at the ReCAAP meeting

  Senior officers from Australia and 19 other nations attended the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) meeting in Sydney this week to reinforce the importance of a regional approach to combat piracy and armed robbery at sea

Poland: First LNG Shipment due in Nov-Dec

Poland expects to receive its first cargo of liquefied natural gas at its new LNG terminal at the end of November or early December, the treasury minister was quoted as saying on Sunday. The terminal, being built in the Baltic city of Swinoujscie

Gas Carrier Concept Stems from Bulker Design

Intersection showing the cylindrical cargo tank in the Deltamarin and Brevik Technology multigas carrier design (copyright: Brevik Technology AS)

Deltamarin Ltd and Brevik Technology AS, a VARD affiliate, have joined forces to develop a novel multigas carrier design concept that combines the design of Deltamarin’s B.Delta and the new-generation patented cylindrical gas tanks by Brevik Technology.

Norwegian Cruise Line Enters Chinese Market

Image: Norwegian Cruise Line

Norwegian Cruise Line will introduce the first purpose-built ship customized for the Chinese market in 2017, Norwegian Cruise Line Holdings Ltd. CEO Frank Del Rio announced today during the CruiseWorld China summit in Shanghai.  

Meeting Addresses Black Sea Ship Pollution

Photo: IMO

The Commission for the Protection of the Black Sea against Pollution – an International Maritime Organization (IMO) observer and implementing partner for capacity-building activities in the Black Sea – held its 31st Regular Meeting of Commissioners in Istanbul, Turkey, October 8.

Repurposed Containers Fill Gap in South African Retail

Photo: 27 Boxes

A short drive west of Johannesburg on the edge of a fading bohemian high street stands 27 Boxes, a mosaic-colored retail center built entirely of old shipping containers.   Opened in August, it consists of 27 iron containers stacked Lego-like into three floors of stores ranging from a

Custom Boat Delivered to Port of South Louisiana

Photo: Metal Shark Boats

A custom built 75-foot multipurpose port security vessel built by Louisiana-based shipbuilder Metal Shark has been delivered for the Port of South Louisiana.   Based on Metal Shark’s Endurance-class catamaran design, the welded aluminum vessel is designed to support fire rescue

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