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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.

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.

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

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

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

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

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

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

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

Radio Holland Revamps Cruise Ship Bridge

Photo courtesy of Radio Holland

Holland America Line’s cruise ship MS Noordam recently underwent a 10-day dry-dock period, during which it was fit with a customized bridge from Radio Holland. The work on Netherlands-flagged MS Noordam included refitting the navigation and bridge systems to improve working conditions in

Rand Takes Delivery of Newest Self-Unloader

Bulk freight shipper Rand Logistics, Inc. has taken delivery of its newest Canadian self-unloading vessel, increasing its fleet to 16 ships, including 10 Canadian flagged and six U.S. flagged vessels.   According to Rand, the new vessel will have the largest carrying capacity of any

ICTSI Subic Gets More Equipment

SBITC added 16 brand new Kalmar Ottawa terminal tractors to its prime mover fleet ahead of the expected increase in container movement in the coming months.  The renewed interest in Subic has also prompted ICTSI to ramp up

  Subic Bay International Container Terminal Corp. (SBITC) recently received and commissioned three new reach stackers and 16 new Kalmar Ottawa terminal tractors.   The additional capacity has increased the terminal tractor fleet to 23 units or 128 percent

Danaos buys 3 Boxships via new JV

Photo Danaos Corporation

  Danaos Corporation announced today the acquisition of three vessels through a newly-formed joint venture, capitalizing on depressed asset prices in the resale market. The vessels were acquired by Gemini Shipholdings Corporation, a newly-formed entity ("Gemini") beneficially

MN 100: Elastec

X Skimmer 4.jpg

The Company: Elastec manufactures and markets innovative pollution control and recovery systems. The company’s core competency is oil spill response: skimmers, fire and containment booms, boom deployment systems, portable vacuum equipment, workboats, dispersant spray systems

Wärtsilä to Optimize GasLog's LNG Carriers

GasLogs Santiago vessel (Photo: Wärtsilä)

Wärtsilä informs it has signed a maintenance agreement with the GasLog LNG Services Limited that aims to ensure the reliability of operation of GasLog's seven LNG carriers, each having a cargo capacity of 155,000 cbm.   According to Wärtsilä

NewLead Fixes Newlead Castellano

Newlead Castellano

  NewLead Holdings Ltd. announced yesterday that it entered into a time charter contract for one of its dry bulk Eco-type Handysize vessels, the Newlead Castellano, for two consecutive voyages, anticipated to be completed by the end of November 2015, at a gross charter-out rate of US $7

Umoe Mandal Places Order with DuroWipers

Photo: DuroWipers

Norwegian operator Umoe Mandal has purchased six External Panorama Pantograph heavy duty windscreen wipers from U.K. based DuroWipers to equip a newbuild Surface Effect Ship (SES).   Statkraft has entered into an initial six month charter agreement for the new WaveCraft vessel to transport

VARD Secures PSV Charter from DOF

Photo: VARD

Vard Holdings Limited announced it has secured a bareboat charter contract for the first of two vessels whose original shipbuilding contracts were terminated earlier during the year. The vessel, a platform supply vessel (PSV) of VARD 1 08 design

Singapore's Record Fuel Stocks Move to Floating Storage

Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and feedstock fuel into tankers temporarily as demand slows regionally. At least seven very large crude carriers (VLCCs) have been provisionally fixed to store fuel oil on short-term time charters

Seaspan Acquires Eighth Boxship


  Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the Maersk Guayaquil. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., is Seaspan's eighth 10000 TEU SAVER design containership and seventh delivery in

LGH Expands Equipment Rental Fleet

Image: LGH

Lifting Gear Hire (LGH), a company providing lifting and moving equipment for rent and sale, announced the addition of several new products to its equipment rental fleet.   Joining the company’s rental portfolio is a 4x4x2 Gated Material Basket, as well as several new rigging rollers

Star Bulk Sells Supramax Ship

Dry bulk shipper Star Bulk Carriers Corp. announced the sale of a 58,722 dwt Supramax vessel, M/V Maiden Voyage, built in 2012 (tbr Astakos).   Star Bulk said the vessel was delivered to its buyers, an unaffiliated third party, on September 15, 2015.   

Global Maritime Files for Bankruptcy

Dry Bulker: International Chamber of Shipping

 Dry-bulk shipper Global Maritime Investments Cyprus Ltd. filed for chapter 11 bankruptcy protection New York  Tuesday in order to liquidate its business due to a continued industry downturn, reports WSJ.    The bankruptcy filing of the international shipping company came in

Diana Inks Six-year Term Loan Facility

Press release - Diana Containerships Inc. has announced that on September 10, 2015, it signed a six year term loan facility with The Royal Bank of Scotland plc for up to $148 million, which will bear interest at the rate of 2.75 percent over LIBOR.

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