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Delivers Second

Possible Fourth Freedom Vessel to be Built by Aker

Aker Yards and Royal Caribbean Cruises Ltd. have reached an understanding regarding the basis on which Royal Caribbean will order a fourth ship in the Freedom class -- currently the world's largest cruise ship. The vessel would be delivered in the second half of 2011. The placement of the order is still subject to a number of conditions, including board approval and finalization of terms and conditions. Aker Yards, has previously delivered two of these record breaking cruise ships, and will deliver the third ship in April this year from its yard in Turku. This fourth vessel is scheduled to be delivered second half 2011. The Freedom class vessels will be 126 x 1,112 ft. and will stand 18 decks high. Their gross tonnage is 158.000. The ships will carry 3,600 guests, and 1,400 crewmembers.


Bollinger Delivers Second DH Barge to K-Sea

Bollinger Marine Fabricators, Amelia, La., delivered DBL 81, an 80,000-barrel ocean service, double hull, oil tank barge built to meet the requirements of the Oil Pollution Act of 1990 (OPA '90) to K-Sea Transportation Corp., Staten Island, NY. It is the second of a four OPA '90 barge contract underway at Bollinger for K-Sea. DBL 101, a 100,000 BBL barge, the first of the four was delivered by Bollinger in July, 2002. The remaining two barges in the contract will each have


Island Boats Delivers Second Crewboat

D31D2A38-0AF9-4_web.jpg

The Swordfish, Christened January 14 on Bayou Teche, is a sister-ship in all but two significant features to the Bourbon Libeccio delivered earlier in 2008 from Jeaneratte Louisianaís Island Boats. The move from green for the 175 by 32 ft hull to a deep royal blue is the result of an ownership change from Rigdon to GulfMark in the intervening months. The second difference results from the advent of Tier II engine technology


Cochin Shipyard Delivers Second AHTS Craft

Shipping Corporation of India takes delivery of an AHTS (anchor handling, tug, supply vessel) for offshore rigs, oil platforms Cochin Shipyard Limited (CSL) delivered the AHTS, “SCI Kundan”, bearing the Hull No. BY-78, to Shipping Corporation of India, Mumbai (SCI), the second of the series of four being built by CSL for them The protocol documents of the ship were signed by Capt Devadas, Sr Vice President (Technical & Offshore Services) for Shipping Corporation of India


Eastern Shipbuilding Delivers Second Tiger Shark Class Vessel

The Sisuag (Photo: Eastern Shipbuilding Group).

Eastern Shipbuilding Group Inc. announced the early delivery of the Sisuag, the second of three  292-foot Tiger Shark Class Offshore Support Vessels, to Harvey Gulf International Marine LLC of New Orleans, La. Launched in October, the Sisuag is a DP II, SOLAS-approved, FIFI 1 Classed, AC diesel-electric powered, twin Z-drive propelled OSV. This high-tech vessel features four Cummins QSK60-DM 16-cylinder turbo-charged Tier II diesel generator engines, rated 1825 Kw at 1,800 rpm


French Shipyard Bernard Delivers Second Pilot Boat

Pilot boat Frya

On May 3, 2012, Fresena, an 18 meter pilot boat will be delivered to Lotsenversetzboote Technische Fachstelle Nordwest pilots.   After delivery, this unit is the second in a series of 4 vessels for German pilots. Marc Bernard, technical director of the Beranrd shipyard says: "The prototype of the pilot boat named Frya has been operating for almost a year in the area of Borkum from the port of Emden. It has proven highly satisfactory in particular on its behavior at sea in


Box Ships Issues Financial Report

Box Ships Inc., a shipping company specializing in the seaborne transportation of containers, announced its results for the period from its Initial Public Offering on April 14, 2011 (“IPO”) to June 30, 2011 (“second quarter of 2011”). Company’s Highlights: - IPO on April 14, 2011. Issued 11,000,000 shares, raising $132.0 million in gross proceeds - The Company’s initial fleet of six containerships (“Initial Fleet”) delivered ahead of


Meyer Werft to Build Royal Caribbean's Second Sunshine Class Ship

Cruise Ship Construction Meyer Werft: Credit MW

Royal Caribbean orders another Sunshine class cruise ship   Royal Caribbean has opted to exercise an option to build a second Sunshine-class cruise ship, to be delivered in Spring 2015.   Royal Caribbean's decision to build the second of the yet-to-be-seen class of ships feel confidence in the project. The ship will be built by German shipbuilder Meyer Werft on substantially the same terms as its first Sunshine ship.  


GulfMark Offshore Rack Up Q2 2013 Profit

Image courtesy of GulfMark

GulfMark Offshore, Inc. (NYSE:GLF) announce its results of operations for the three- and six-month periods ended June 30, 2013. For the second quarter ended June 30, 2013, revenue was $111.3 million, and net income was $9.9 million, or $0.38 per diluted share. The quarterly results include a non-recurring, non-cash charge of $2.4 million ($1.6 million net of tax, or $0.06 per diluted share) for the acceleration of vesting of outstanding stock grants associated with the retirement of the


Damen Delivers Second Twin Axe FCS 2610 to Sure Wind

Photo: Damen

British company Sure Wind Marine Ltd. has taken delivery of its second Damen Twin Axe Fast Crew Supplier – the Sure Swift - in a little over a month after the first joined the company’s fleet. Established in 2009, Sure Wind is a specialist in the German offshore wind market and now has 10 dedicated wind farm service and crew transfer vessels, the latest two being the first newbuild Damen vessels. Sure Wind also owns the first FCS 2610 ever built – the pioneering Shamal


Transocean 2013 Success Story: Dividend Up 34%

Frontispiece courtesy of Transocean

In a letter to shareholders chairman, Ian C. Strachan and Steven L. Newman, president and CEO, set out a summary of offshore drilling specialist Transocean's 2013 operations, excerpted as follows: • Revenue and Backlog Full year 2013 net income attributable to controlling interest was $1


ISC Expects Faltering Q1 2014 Financial Results

ISC Jones Act vessel: Photo courtesy of ISC

International Shipholding Corporation (ISC) provides preliminary guidance for first quarter 2014 results and announces timing of earnings release and conference call. The company says that it expects to report a first quarter net loss, before Preferred Dividends, in the range of $3


Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

File image CCL3

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson Hellas understand that Golden Union have declared options for three further 81


Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Valiant: Photo Maersk Drilling

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with


GPS lll Progress Report Update From Excelis

GPS lll image courtesy of Excelis

Exelis says it has successfully completed and fully tested six transmitter assemblies, which are integral payload components for the first in a series of the next generation of GPS III navigation satellites. The navigation payload transmitters carry high-powered GPS signals from space to Earth


Paragon Shipping Gets US$120-Million Towards Ultramax Newbuildings

Paragon at NYSE: Photo Paragon Shipping

Greek drybulk cargo ship owner, Paragon Shipping, informs it has entered into a firm commitment with a European bank syndicate to partly finance up to 60 % of the market value of their two new Ultamax newbuilds due to be delivered in 2015. The new $120


Brazil Shipyard Delivers Second RAmparts Tugboat

Tug SMIT Pareci: Photo Robert Allan

Designers Robert Allan inform that Keppel Singmarine Brasil Ltda. (KSMB), of Navegantes, Brazil have recently completed the construction of the 24m LOA 'SMIT Pareci', the second of a series of six Robert Allan designed RAmparts 2500 tugs, for SMIT Rebocadores do Brasil (Rebras), of Rio de Janeiro


COSCO Shipyards, Like Most Others, Found 2013 Challenging

Mr. Li Yun Peng: Photo courtesy of COSCO

China shipbuilder and repairer COSCO group in its financial report for year ending 31, December 2013, informs that operating conditions for most of 2013 continued to be difficult. The Group’s turnover was $3.5 billion, lower by 6% from $3.7 billion for the year before


Rolls-Royce Secures Offshore Vessel Order

Image: Rolls-Royce

Global power systems company Rolls-Royce signed an £11 million contract with Spanish shipyard Gondan for a wave piercing offshore vessel to be delivered to Simon Møkster Shipping in Norway. According to Rolls-Royce, the vessel is designed to pierce through the waves under harsh


Chinese Ship Searching for Malaysia Plane Detects Signal

A Chinese patrol ship searching for missing Malaysia Airlines flight MH370 detected a pulse signal with a frequency of 37.5 kHz per second in the south Indian Ocean on Saturday, state news agency Xinhua reported. 37.5 kHz per second is currently the international standard frequency for the


Songa Offshore expects to secure financing for remaining rigs

Norwegian oil driller Songa Offshore is confident it can raise the debt it needs in order to pay for the last two rig newbuilds it has ordered, Chief Executive Bjoernar Iversen told Reuters on Tuesday. The two units have a combined price of just over $1


NewLead to Acquire Two Panamax Dry Bulk Vessels

NewLead Holdings Ltd announced today that it has previously signed a term sheet with a leading financial institution to provide 75% debt financing for two second-hand Panamax vessels for a total of $35 million. The two vessels are expected to be delivered to NewLead's fleet within the next three


Today in U.S. Naval History: April 9

USS North Carolina (Courtesy of the Naval Historical Foundation, Maher Collection. U.S. Naval Historical Center Photograph.)

Today in U.S. Naval History - April 9 1861 - Second relief convoy for Fort Sumter left New York 1941 - Commissioning of USS North Carolina, which carried nine 16-inch guns 1943 - Reestablishment of Commodore rank 1959 - Selection of first 7 Mercury astronauts


Wärtsilä enters Paraguayan Inland Market

Signing ceremony between Wärtsilä and Shipyard SA. Sitting from right to left: Guillermo Ehreke, GM and owner of Naviera Yeruti and Shipyard SA; Piotr Kabacinski, GM Sales, Americas, Wärtsilä Ship Power. Standing from right to left: Eduardo Masciottra, Warag SRL, Wärtsilä agent, Buenos Aires; Jorge de la Guardia, GM and owner of Naviera Yeruti and Shipyard SA; Joe Amyot, Area Sales Director, Wärtsilä Ship Power.

A new pushboat used to push barges convoys along the Paraguay River will be powered by a Wärtsilä integrated propulsion solution.   The vessel is being built at the "Astillero la Barca del Pescador" (Shipyard SA) yard in Paraguay on behalf of Naviera Yeruti


EMAS Awarded Gunflint GoM Project

EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that it has received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM).


 
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