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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 LouisianaĆ­s 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


CARAT Naval Exercises Kick Off in Singapore

CARAT Exercise meeting: Photo USN

The 20th annual exercise Cooperation Afloat Readiness and Training (CARAT) Singapore commenced with an opening ceremony at Changi Naval Base, says US Navy Task Force 73 Public Affairs. In its 20th year, CARAT Singapore is part of a series of bilateral naval exercises between the U.S. Navy, U.S


Exxon Mobil Corporation Declares 3Q Dividend

Logo

The Board of Directors of Exxon Mobil Corporation yesterday declared a cash dividend of 69 cents per share on the Common Stock, payable on September 10, 2014 to shareholders of record of Common Stock at the close of business on August 13, 2014.


Royal Dutch Shell Q2 2014 Results 'More Robust' Says CEO

CEO Ben van Beurden: Photo Shell

Royal Dutch Shell informs that its second quarter 2014 earnings, on a current cost of supplies (CCS) basis, were $5.1 billion compared with $2.4 billion for the same quarter a year ago. Earnings included an identified net charge of $1.0 billion after tax


ISC Profit Slip in Q2 2014 but Pay Dividend

Jones Act bulk carrier: Image courtesy of ISC

International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here: Net Loss he Company reported a net loss of $664,000 for the three months ended June 30, 2014. For the comparable three months ended June 30, 2013


Kleven Shipbuilding Wins IES Pioneer Contract

Image courtesy of Kleven Shipbuilding

Norway’s Kleven announced it has signed a shipbuilding contract with Malaysian based joint venture company IES Pioneer Ltd. The vessel is of Norwegian design company MarinTeknikk’s MT 6015 MPSV design and will be outfitted with a crane, helideck and FiFi II


Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio tankship: Photo courtesy of the owners

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report. Stock Buyback Program The company has purchased 6,327,861 of its common shares in the open market at an average


General Dynamics Reports 2Q 2014 Earnings

Phebe N Novakovic , Chairman and CEO

  General Dynamics today reported 2014 second-quarter earnings from continuing operations of $646 million, or $1.88 per share on a diluted basis, compared to second-quarter earnings from continuing operations in 2013 of $640 million, or $1.81 per diluted share


Wilhelmsen Secures Inert Gas System Orders

Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners. Wilhelmsen Technical Solutions (WTS) has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for


Cat Financial Announces Second-Quarter 2014 Results

CAT Brand

  Cat Financial reported second-quarter 2014 revenues of $728 million, an increase of $34 million, or 5 percent, compared with the second quarter of 2013. Second-quarter 2014 profit after tax was $146 million, a $35 million, or 32 percent, increase from the second quarter of 2013.


Gulf Island Fab Sign Bechtel Offshore Cooperation Agreement

Shipyard Scene: Image courtesy of Gulf Island Fabrication

Gulf Island Fabrication, Inc. says it has signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.S. Gulf of Mexico and abroad. “Gulf Island is excited about the cooperation agreement signed with


Gas Prices Help Offset Statoil's Output Drop

Valemon sail away (Photo: Ben Weller AP/Statoil)

Statoil's second quarter 2014 net operating income was NOK 32 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter


Statoil's 2Q 2014 Results

President and CEO Helge Lund

  Statoil's second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter


Cummins Reports Revenue Jump in Q2 2014

Tom Linebarger

Cummins Inc. reported its results for the second quarter of 2014. According to the report, second quarter revenue of $4.8 billion increased 7 percent from the same quarter in 2013. The increase year-over-year was driven by stronger demand in on-highway markets and distributor acquisitions in


HMS Prince of Wales Delivery Begins

A huge section of hull for HMS Prince of Wales, the second aircraft carrier being delivered to the Royal Navy, has today departed BAE Systems in Glasgow on a 600-mile journey to Rosyth where final assembly of the ship will take place. The 8,000-metric-ton section, known as Lower Block 03


Diana Containerships Q2 & 1H 2014 Financial Results

Diana Containership: Image courtesy the owners

Greece-based Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has reported net income of $0.6 million for the second quarter of 2014, compared to a net loss of $5.0 million for the respective period of 2013






 
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