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
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
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
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
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 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
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
TGS-NOPEC Geophysical Company ASA (TGS) has signed a two-year charter agreement with BGP for a 2D seismic vessel to be named the M/V BGP Atlas. BGP is currently outfitting the M/V BGP Atlas with state-of-the-art equipment and technology, and is scheduled to deliver it to TGS in June 2007. TGS plans to deploy the vessel initially in the North Sea during the summer season. TGS has the option to extend the vessel contract by two consecutive one-year periods under the same commercial terms
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 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
Maritime training provider Seagull announced the release of its latest equipment specific ECDIS training module for Tokyo Keiki ECDIS. Developed in close cooperation with Tokyo Keiki, one of the major ECDIS manufacturers, this latest addition to Seagull’s range of type specific ECDIS
AWILCO LNG ASA say that their second 156,000 cbm Tri-Fuel Diesel Electric powered newbuilding 'WilPride', has been delivered from South Korea by Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) prior to the following business transactions:
Crowley Maritime Corporation’s liner services group has added 537 new refrigerated (reefer) cargo containers to its fleet of equipment in an accentuated effort to serve the growing needs of its produce customers in Central America, Puerto Rico and the Caribbean
ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial consequences, particularly in fluctuating spot markets. In its latest Claims Review, ITIC cites the case of a ship fixed for a trip time charter for two voyages
International private maritime security company Sea Marshals Ltd. has expanded into new premises to cope with its growing workload, particularly in the Gulfs of Guinea and Aden. Sea Marshals marked its expansion with an open evening held at its new 4
Maritime training provider Seagull announced the release of an equipment specific training module for Japan Radio Co Ltd (JRC)’s ECDIS systems. Developed in close cooperation with JRC, one of the world’s leading ECDIS manufacturers
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it took delivery of the m/v P. S. Palios (formerly JK Pioneer), a 2013 built Capesize dry bulk vessel of 179
Marine and fire safety equipment leader VIKING Life-Saving Equipment (VIKING) and MOL Techno-Trade Ltd. (MOLTECH) have entered a strategic alliance and sole agency agreement, establishing MOLTECH as the exclusive agent for VIKING in Japan.
Wilhelmsen Technical Solutions (WTS) say they have secured multiple orders to supply Maritime Protection Inert Gas Generator (IGG) systems for installation on vessels under construction for operations offshore China. The Maritime Protection systems will be installed on three FPSOs for oil major
Baltic Trading Limited has accepted delivery of the first of two new bulk carriers, 'Baltic Tiger', a 179,185 dwt Capesize vessel, and found a time charter for the vessel without delay. The Baltic Tiger delivered to its charterer, Swissmarine Services S.A
Russian President Vladimir Putin has signed a law on the liberalization of exports of liquefied natural gas (LNG). According to the document, two new categories of license holders are entitled to the right to export LNG, in addition to Gazprom, reports Arctic-Info.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that yesterday through a separate wholly-owned subsidiary, it entered into a time charter contract with Clearlake Shipping Pte., Ltd., Singapore, a member of the Gunvor Group
Amongst the latest listing of US Department of Defense, Navy, contracts, the existing time charter of a U.S.-flagged, ice-class certified, double-hulled product tanker of Maersk Line Ltd. of Norfolk Va. is extended. The $14,223,440 modification is under a previously awarded firm-fixed-price
Damen Shipyards Group is set to deliver the fifth Platform Supply Vessel in a series of six to World Wide Supply of Norway. World Opal is a Damen PSV 3300 CD. The first ship, World Diamond, was delivered in July and the last in the series World Sapphire is due to be delivered mid-December.
Lake Huron Chartering announce that criminal charges filed in Houston, Texas against three of its executives have been granted dismissal. As of June 10, 2013, indictments and charges against Alireza Etessami, Gustavo Gimeno and Denny Martinez have been dropped.