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EQUIPMENT CHARTERING

Oceanteam CSV Charter Extended to 2018 by Fugro

CSV Southern Ocean: Photo credit Oceanteam

Oceanteam Shipping ASA (OTS) confirm the extension of the bareboat charter of their 'CSV Southern Ocean' by Fugro TS Marine Australia until the end of 2018. CSV Southern Ocean is a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceanteam Shipping ASA. The owners say that the extension of the bareboat charter will further strenghten their contract backlog and secure future earnings. The original charter was set to expire at the end of 2015. The commercial terms between the parties remain confidential. About Oceanteam Shipping Oceanteam Shipping ASA (Oslo Stock Exchange: OTS) is an offshore shipping company. Its business is the owning, chartering and managing of Deepwater Offshore Construction Service and Pipe Lay Vessels. In addition Oceanteam Shipping provides complementary engineering services consisting of both engineering & design services and equipment to support its clients. www.oceanteam.no


VSAT Connectivity by Globecomm for Malaysia's PBJV Group

  Globecomm Maritime, a leading provider of maritime communications solutions, has been awarded a contract to provide VSAT connectivity to PBJV Group's barge Kota Laksamana 101. The barge, which accommodates up to 300 personnel, was recently chartered to Petronas, a fully integrated energy company based in Malaysia. Under the terms of the deal, PBJV is required to provide a dedicated 512kbps up and down link to Petronas staff working on board the vessel.


SBX' Acquires Remaining 50 percent in Sana Navigation

SeaBird Exploration Limited (BVI) (SBX) has acquired the remaining 50 percent ownership in the Joint Venture entity Sana Navigation Company Limited (Sana) which charters the M/V Northern Explorer from Russian owners on a long term bareboat charter. The purchase price is $25.5m. The Joint Venture is now terminated in all respects. The acquisition of the 50% interest in Sana includes the long term bareboat contract, the liquid cash, other current assets


Navy Charters Kite-Powered Cargo Ship

MV Beluga SkySails is the worlds first modern partially sail-powered cargo ship. The U.S. Navys Military Sealift Command chartered Beluga SkySails to return European-based U.S. Army and U.S. Air Force cargo to the United States.

For the first time, the U.S. Navy's Military Sealift Command has chartered a kite-assisted, fuel-saving cargo ship to carry military equipment.MV Beluga SkySails departed , , Oct. 5 after the first of three European port calls to load U.S. Army and U.S. Air Force cargo before the ship's month-long voyage to the . The 400-ft. Beluga SkySails is the world's first cargo ship to use a sky sail - a giant, computer-controlled kite that can rise 100 yards into the air and uses wind power to help


Liftboat Charter by China for Ezion

Ezion Liftboat: Photo courtesy of Teras Offshore

Ezion clinches US$65.7m liftboat charter contract with China Ezion Holdings has secured a four-year period charter contract to provide a liftboat to be used by a state-linked power generation enterprise in China due to start working in the Yellow Sea in the third quarter of 2013 upon its completion. A liftboat is a self-propelled, self-elevating vessel, which has a large open deck capable of carrying equipment and supplies in support of various offshore mineral exploration and


Austal Hi-speed Catamaran: Navy Charter Extended

Troops boarding WestPac Express: Photo courtesy of Austal

The charter of the Austal high speed vessel 'WestPac Express' has been extended for a further six months by the United States Navy’s Military Sealift Command. The modification to the charter will see the ship continue to support the operations of the United States Marine Corps’ Third Marine Expeditionary Force through to February 2014. The contract extension comes almost exactly 12 years after Austal announced it had signed a world first contract to charter the 101 metre high


Seabulk Acquires Newbuild PSV

Seabulk International, Inc. has purchased and delivered o the Seabulk Africa, a newbuild UT-755L platform supply vessel (PSV) built at the Simek Shipyard in Norway. The 5,500-horsepower, 236-ft. vessel will join the Company's West African fleet, which presently comprises 42 vessels ranging from crewboats to sophisticated anchor handlers. PSVs are large, multipurpose vessels used to ferry equipment, supplies and personnel to offshore platforms and rigs engaged in the production of crude oil and


Military Sealift Command-Chartered Ship Delivers Humanitarian Aid Equipment

From Sealift Logistics Command Public Affairs Military Sealift Command (MSC)-chartered ship SS Cleveland arrived in , March 24, carrying U.S. Navy Seabee equipment and supplies for a contingent of Navy Seabee's in the conducting humanitarian aid projects. The equipment delivered by , including a dump truck, bulldozers and generators, will be used by members of Naval Mobile Construction Battalion 74 Det. Africa Partnership Station (APS) on four construction sites. APS is a U.S


Calecore Appoints Geotechnical Division GM

Mike Southall

Calecore announced the appointment of Mike Southall who commenced employment with the company in June 2013 as General Manager, Calegeo. Mike is a chartered engineer and geologist with nearly 30 years experience as a practicing geotechnical engineer and was previously General Manager for SEtech Ltd. He will be responsible for the leadership and day-to-day management of geotechnical operations, including the DP2 Highland Spirit and Calegeo’s range of seabed geotechnical equipment


Jaya Wins $20 Million Contract in East Africa

Jaya Vigilant

Jaya Holdings announced it has signed a contract to charter its newbuild DP2 Platform Supply Vessel (PSV) Jaya Vigilant for a long term operation in the Indian Ocean, offshore Mozambique. The two-year contract, which includes charterer’s options, has a value of more than $20 million. Jaya Vigilant, designed as a large PSV, is now being upgraded with additional equipment required for the charter’s work scope prior to delivery from Jaya’s own yard in Batam


Asia Dry Bulk-Capesize Rates Sliding as Overcapacity Weighs

File Image: a dry bulk vessel underway (CREDIT: Norden)

Capesize rates 26-33 pct higher than a year ago, but could fall towards Chinese New Year. Freight rates for large capesize dry cargo ships on key Asian routes may fall further next week as prospects for a pre-Christmas rally fade with ship supply outpacing cargo demand, ship brokers said.


Ship-borne Internet Project Benefit Marine OEM's

Photo: Danish Maritime Authority

In 2017, the Danish Maritime Authority will contribute to a pilot project on the development and testing of a system that collects real-time data from various components on board ships. The data flow will be transmitted continuously to shore-based organizations allowing the authorities


Ship-borne Internet to Benefit Marine OEMs

The data flow will be transmitted continuously to shore-based organisations allowing the authorities, shipowners and marine equipment manufacturers to use the information in real-time. Photo Danish Maritime Authority

In 2017, the Danish Maritime Authority will contribute to a pilot project on the development and testing of a system that collects real-time data from various components on board ships. The Aalborg-based company GateHouse is behind the pilot project


PetroChina, Unipec to Lift 2 mln bbls U.S. crude in December

File Image: a typical VLCC underway. CREDIT EuroNav

Chinese state-owned oil traders PetroChina and Unipec have chartered ships to load more than 2 million barrels of U.S. crude oil in December, three sources with knowledge of the matter said on Friday. The shipments come on top of nearly 3 million barrels that BP has sent to Asia as oil traders


Diana Shipping Slips into Red

Alcyon Courtesy Diana Shipping

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $78.3 million and net loss attributed to common stockholders of $79.8 million for the third quarter of 2016, of which $50


Scorpio Bulkers Signs Time Charter-Out Agreements

Photo: Scorpio Bulkers Inc

 Scorpio Bulkers, Inc.  announced that it has entered into time charter-out agreements for two Ultramax vessels and one Kamsarmax vessel.   The two Ultramax vessels are SBI Leo and SBI Achilles and the Kamsarmax vessel is SBI Cakewalk.  


Ethane Carrier GasChem Beluga Delivered

Photo: Hartmann Reederei

On November 11 the first vessel of the new ECO STAR 36k type, GasChem Beluga, was delivered to the owners Ocean Yield ASA in China. The design for this new type of vessel was developed under the lead of German ship owner Hartmann Reederei together with its long-term partners HB Hunte Engineering


Tersan Shipyard Orders Deck Equipment

Courtesy PALFINGER MARINE

PALFINGER MARINE and Harding Safety recently signed a contract to provide lifesaving equipment and cranes for two fishing vessels being built in Tersan Shipyard. Each vessel will be equipped with two PALFINGER MARINE knuckle boom cranes, one A-frame fast rescue boat davit, and one fast rescue boat


Asia Tankers-VLCC Rates May Hit Multi-Month Highs

File Image of a VLCC (CREDIT: EURONAV)

VLCC rates last week hit highest since April, May; balanced tonnage supply-cargo demand support rates. Freight rates for very large crude carriers (VLCCs), which rose to multi-month highs last week, could climb further if there is a flurry of pre-Christmas chartering activity


CMA CGM on APL Integration

Photo: CMA CGM

 APL improved its performance in the first three months under the ownership of CMA CGM Group in a challenging market.   APL’s 3Q 2016 volume rose almost 9.9% to 1.3 million TEUs (vs. 3Q 2015). This organic growth was driven by more than 20 co-operations on new and enhanced


Diana Shipping Gets Charters Two Bulkers

New Orleans. Photo: Diana Shipping

 Greek dry bulk shipping company Diana Shipping has entered into time charter contracts for its two vessels, the M/V Orleans and the M/V Melite, which are scheduled to start in December 2016.   "Diana Shipping, through a separate wholly-owned subsidiary


Caterpillar Gains Approval for Analysis Software

Caterpillar Marine has received Type Approval certification from DNV GL for Cat Asset Intelligence (Cat AI) software, demonstrating Caterpillar’s commitment to quality and customer focus.  Caterpillar provides Cat AI advanced predictive analytics and expert advisory services to ship


Kalmar's First Order for Empty Container Handlers

Empty Container Handler Photo Kalmar

Kalmar received an order from the Port of Vienna's WienCont Container Terminal for three new twin lift capability empty container handlers. Delivery and start-up is set for April 2017.   The contract marks the first order of equipment from Kalmar's DCG80-100 empty container handler range


TEN Announces Four New Time Charter Contracts

Photo: Tsakos Energy Navigation Limited

 Tsakos Energy Navigation Limited (TEN), a leading diversified tanker owner, has announced new time charter contracts for four vessels, an aframax, two panamaxes, and a handysize product tanker, all to major end users.    The average contract length of all four fixtures is 14


New LNG Carrier Delivered for Petronet

Photo: Petronet LNG

A consortium comprising Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines, Ltd. (MOL), Kawasaki Kisen Kaisha, Ltd. (“K” Line), and the Shipping Corporation of India Ltd. (SCI) took delivery of a new liquefied natural fas (LNG) carrier on November 30, 2016, in South Korea.






 
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