Marine link
 

CLASSIC CHARTERS

New Shipyard for Belfast's Working Waterfront

According to the Marine Public Broadcasting Network, a new shipyard is opening in Belfast. Boat builders, led by J.B. Turner and partners Taylor Allen of Rockport Marine and Steve White of Brooklyn Boatyard, will construct composite and classic wooden yachts. The yard will have a retrofitting business, a full-service marina, some unique shipping ventures.    Source: Marine Public Broadcasting Network  


OceanConnect and Starsupply Launch Hedging Service

OceanConnect President Thomas Reilly today announced the launch of a new risk management service aimed at helping shipowners and suppliers protect their profits. "Financial derivatives have become an important tool in the risk management arena. OceanConnect, in partnership with Starsupply Petroleum, will offer the first derivative brokerage service focused exclusively on the world's bunker markets," Reilly said.


Star Cruises of Malaysia to Order Metso DNA System

MS Star Pisces cruise ship will be operated by a Metso DNA automation system from March 2013.

The Star Cruises of Malaysia has chosen Metso to refurbish the automation system on its MS Star Pisces cruise ship that sails in the Far East.   The vessel's new automation will increase reliability and customer comfort. After docking in Hong Kong in February, the vessel will continue its cruise program from March 2013 onwards. Metso will supply its state-of-the-art Metso DNA system to replace the present Damatic Classic automation system that it had supplied earlier


Boat Recycling

Some excursion vessels happily seem to live forever. They change owners, change paint colors, endure countless renovations, bare scars from misguided attempts to "improve" her propulsion system… but the boat lives on. Such is the case of a 1969 vintage two-deck paddle wheeler built in 1969 by the Dubuque Boat and Boiler Company. The vessel has had many names. But the one most associated with the vessel is Bonnie Belle


Delta Queen Makes A Comeback

Following the decision to enter into bankruptcy this past October, American Classic Voyages has agreed to sell two of steamboats - Delta Queen and Mississippi to Chicago-based investment firm Waveland Investments LLC for $3.75 million. The company, which is privately-held, plans to take over the boats, effective next month. Mississippi Queen, which ceased operations in October, will resume its itinerary on May 7, while Delta Queen


OIG Issues Audit of Title XI Loan Guarantee Program

The Department of Transportation Office of Inspector General (OIG) issued its Report on the Audit of the Title XI Loan Guarantee Program The audit examined whether proper procedures were followed and the impact of recent bankruptcies. As of December 2002, the Title XI portfolio totaled approximately $4.3 billion in executed loan guarantees and loan guarantee commitments. The report discussed the impact of the American Classic Voyages Co. (AMCV) bankruptcy ($1


McGinnis Appointed VP Of Marketing

American Classic Voyages Co. has appointed Scott G. McGinnis vice president of marketing for its Delta Queen product group, which includes Delta Queen Steamboat Company and Delta Queen Coastal Voyages. McGinnis is responsible for all marketing activity on behalf of Delta Queen Steamboat Company's four riverboats, which cruise throughout the U.S. Heartland, South and Pacific Northwest, and Delta Queen Coastal Voyages' two ships


Blount-Barker Signs Contract For Sea Wolf Marine Tug

This past August, Blount-Barker Shipbuilding signed a contract with Sea Wolf Marine of Bayonne, N.J. to build a 2,400-hp, 85-ft. (25.9 m) double chine, all welded twin-screw tug set for delivery in April 2002. Bristol Harbor Group has been contracted to modify the Blount classic 85-ft. (25.9-m) tug design to take advantage of CNC (computerized numeric controlled) cutting. The tug will be powered by two CAT 3512 engines; 4:1 twin gears and two 65kW generators will supply ship service power


Kold-Draft Provides Quality Cubes

The Kold-Draft 350 Series "Classic" cuber produces up to 320-lbs. of ice per day, and is engineered with rugged unibody construction. Its time-proven design ensures reliable operation, greater water efficiency and maximum ice making capacity. Serviceability is from the front and the use of environmentally friendly R-404a refrigerant offers added efficiency. Kold-Draft's GT Series Slimline cuber measures only 28 x 3/8-in. wide and is engineered and built to fit in small areas


United States Lines Names First Ship ms Patriot

United States Lines, a subsidiary of American Classic Voyages, said the vessel it is acquiring from Holland America Line will be named ms Patriot. The vessel - being acquired for $114.5 million - will offer seven-night cruises year-round from Honolulu, Hawaii. The company will take delivery next October, with the inaugural voyage planned for December 9, 2000. During a planned renovation, new facilities will be added to the vessel to enhance the passengers' Hawaiian cruise experience


NewLead Fixes Newcomer, "Newlead Castellano"

Delivery of Newlead Castellano.

  NewLead Holdings Ltd. announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano". The Newlead Castellano has been chartered-out at a gross rate of $9,500 per day, minus a 6


Nordic Wins with Noble

DP2 IMR Subsea vessel - Mokul Nordic

  Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy, the international energy provider. “At Nordic Maritime


CEVA Airlifts Supplies to W. Africa for Ebola Response

CEVA logo with tagline

  CEVA Logistics - one of the world's leading supply chain management companies – airlifted  more than 70 tonnes  of urgent supplies to Monrovia, Liberia on October 10th to assist in ongoing efforts to combat the West Africa Ebola outbreak


A2SEA Signs for Dudgeon

A2SEA is said to have installed more than half of the Northern Europes offshore wind farms.

  Dudgeon Offshore Wind Limited has awarded the Charter for WTG transport and installation to A2SEA A/S. A2SEA shall provide the jack-up vessel Sea Installer including 24/7 marine crew and crane operators for transport and installation of the 67 Siemens 6


Early Contract Termination for Loke Viking

Logo

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of four AHTS vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017


Bore and P&O Ferries JV add RoRo Vessel

PO Partners Bore

  Bore and P&O Ferries announces today that they have agreed to add a further RoRo vessel to the long-standing partnership in the North Sea. M/V Estraden will be added to the vessel portfolio sailing for P&O alongside M/V Norsky, M/V Norstream and M/V Bore Song


GONDAN Delivers PSV Designed with FORAN

Stril Luna, designed with FORAN. (Image courtesy of Gondan Shipyard)

FORAN was the shipbuilding CAD/CAM System used in the design and production of the vessel Stril Luna, built by Astilleros Gondán and delivered to the Norwegian shipowner Simon Møkster Shipping. Stril Luna, an offshore platform supply vessel (PSV)


Diana Containerships Takes Delivery of YM Great

Diana Containerships, a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v “YM Great”, a 2004-built Post-Panamax container vessel of 5


Swissco Bags $17m Chartering Contract

Chartering & Marine Logistics

SGX Mainboard-listed Swissco Holdings Limited announced it has secured three chartering contracts with options worth US$17.3 million. The offshore support vessels, comprising two new workboats and one anchor handling tug supply vessel, will be deployed in the Middle East under the contracts.


EMGS - Fleet Operation for 3Q 2014

CSEM as a tool for better exploration decisions

  Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data


Star Bulk Collects $8.016m From Sale of Its Claim Against Pan Ocean

star bulk.jpg

Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean  Co Ltd


TEN Extends Charters for Three Product Tankers

Photo courtesy of TEN

Three new charters to generate total revenues of $40 million; spot rates increase in Q4 Crude, product and LNG tanker operator Tsakos Energy Navigation Ltd. (TEN) announced the charter extension for three product tankers, including two Panamaxes and one MR


MOL, Osaka Gas’s Newbuild LNG Carrier Named

Photo courtesy of MOL

Mitsui O.S.K. Lines, Ltd. (MOL) announced that a naming ceremony for the LNG Venus, a newbuilding liquefied natural gas (LNG) carrier, was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI). The vessel is under construction at MHI and will serve Osaka Gas Co., Ltd.


Frontline & TI form new VLCC Company

Frontline Management (Bermuda) Ltd., and Cyprus-based Tankers International LLC (TI) have started a new company named VLCC Chartering Ltd.,

  Frontline Management (Bermuda) Ltd. and Tankers International LLC (TI) today announced the formation of a new company, VLCC Chartering Ltd ('the Company').  The aims of the Company will be: *to create a larger fleet with more flexibility and more options for cargo owners and a


Vallianz Acquires OER Holdings for $28m

Darren Yeo, Executive Director and Chief Executive Officer

Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has today announced that it is acquiring OER Holdings Pte. Ltd.  for $27.7 million (USD). Headquartered in Singapore






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright