The National Shipping Company of Saudi Arabia (Bahri) subsidiary Bahri Dry Bulk (owned 60% by Bahri and 40% by Arasco) has taken delivery of the vessel 'Bahri Bulk' from shipbuilders in Japan. Bahri inform that this is the third vessel delivered from the 5 vessels that were contracted from leading Japanese shipyards in 2012. The financial impact of the delivered vessel will materialize during the first quarter of 2014G. They explain that these vessels have a capacity of 82,000 dwt and length of 229 meters, consumes less fuel and are considered to be eco-friendly. Bahri Bulk originally started its operations by chartering 5 vessels and chartering them out to Arasco which will be replaced by the delivered vessels. There are two vessels remaining under construction which are expected to be delivered in the first half of 2014G.
The National Shipping Company of Saudi Arabia (Bahri) receive the 'Bahri Hofuf' from the South Korean shipyard Hyundai Mipo. The new 26,000 dwt general cargo ship is the second vessel delivered from the six vessels that were contracted by the Company with this shipyard in 2011 for a total value of SAR 1,543 million. Bahri has four general cargo vessels remaining under construction at Hyundai MIPO in South Korea with delivery expected to take place during 2013 and the first half of 2014.
Qatar Gas Transport Company (Nakilat) is investing $11.5b in its bid to become the largest owner of LNG/LPG tankers fleet by the end of the decade. The plan is to acquire 60 ships by 2010 to ferry liquefied natural gas and liquefied petroleum gas worldwide, Nakilat vice-chairman Faisal M Al-Suwaidi is quoted to have said in a report in the Gulf Times. While 46 tankers are meant for LNG transportation, the rest will be used for liquefied petroleum gas supply
In the midst of a significant down turn in the worldwide demand for new crewboats, Strategic Marine is delivering vessels from their Singapore shipyard as well as their new Mexican yard. Recently delivered from the Singapore shipyard the 101.7-ft by 24.6-ftr crew boat Colibri I. Built for Indonesias Baruna Raya Logistics the new vessel is the fourth such vessel delivered to the Indonesian company. With seating for 50 rig workers and accommodations for up to eight crewmembers
PortVision launches $500,000 grant initiative to help improve U.S. Port & Waterway efficiency, safety and security. PortVision®, a leading provider of business intelligence solutions for the maritime industry, launches the PortVision CONNECT initiative, which includes a $500,000 commitment to fund the development and implementation of web-based solutions that help non-profit maritime organizations enhance port and waterway efficiency, safety and security for their stakeholders
Damen Shipyards has unveiled a completely new Wind Farm Service Vessel (WSV) to support and accommodate turbine maintenance crews at sea and allow them to “Walk-to-Work.” After industry-wide consultation, the vessel has been designed from first principles to provide on-site work facilities and accommodation for 45 maintenance personnel plus 15 crew for voyages of up to one month. “There is a growing trend for wind turbines to be located further from shore
Bourbon has signed a contract with Zhejiang Shipbuilding Co. Ltd in China concerning the construction of four ULSTEIN P105 platform supply vessels. Ulstein Design AS will deliver the design and major equipment for the vessels. The contract has a total value of around NOK 350 million for Ulstein Design. The vessels will be delivered between September 2007 and September 2008. “This is a major and important breakthrough in the Chinese market for the Ulstein Group
VT Halter Marine Inc., a subsidiary of Vision Technologies Systems Inc., signed a $5.2 million contract with Tide Leasing Company, L.L.C., of Birmingham, AL to build a stevedoring crane barge. The 200 x 75 x 14.5-ft. foreign flagged vessel will be classed by Lloyd’s Registry Class Designation + 100AN deck barge. Hydralift AmClyde Inc., (AmClyde) will supply the crane for the project. VT Halter Marine plans to complete the barge construction at its Mississippi-based Pascagoula Operations
GulfMark Offshore, Inc. announced the results of operations for the three- and nine-month periods ended September 30, 2010. For the three months ended September 30, 2010, revenue was $94.5 million. Net income for the same period was $19.2 million, or $0.75 per diluted share. The results for the quarter ended September 30, 2010, include a gain of $5.2 million, or $0.21 per diluted share, on the sale of the 1998-built North Traveller, a PSV operating in the North Sea. Results of Operations
Grandweld Shipyards delivered “Fujairah Pilot I” to Ports of Fujairah. The vessel was part of contract to design, build and deliver two sister pilot boats. The 21M “Discovery Class” design has already built a solid reputation for providing highly efficient pilot services. The advanced double chine hull design and all round fenders ensures quick and safe pilot transfer in all weather conditions
Horizon Shipbuilding, Inc., Bayou La Batre, AL, has delivered the fourth in a series of 74’ towboats to Canal Barge Company, Inc. of New Orleans, LA. The Jane Merrick is 74’ long with a 32’6” beam and an 8’6” draft
Master Marine, Inc. delivered its first 2,000 hp Z Drive inland river towboat last month. The towboat represents the first vessel (Entech Design) of this series by the yard. Master Marine said it has not been as active in the past years building towboats as the other yards in the area
On Saturday July 26, 2014, a ceremony was held in Bergen to officially name the latest new subsea construction vessel to join the Technip fleet, the North Sea Atlantic. More than 200 guests from shipowner North Sea Shipping, ship charterer Technip and supply chain partners
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
Bolidt Synthetic Products & Systems has secured a contract as exclusive partner to Viking Ocean Cruises for the supply of decking and flooring. The contract covers Viking Star, the first vessel due for delivery in 2015 and its sister ship, Viking Sky, scheduled for delivery in 2016
Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform, DolWin beta, at Drydocks World - Dubai. The five escort tugs
Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered into a contract to construct a new Robert Allan, LTD. (RAL) RAmpage 6400 Multipurpose Field Support Vessel (MPFSV) at Eastern’s
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
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered to Navios Acquisition's owned fleet on July 21, 2014. The company also announced that the Nave Electron has been chartered out
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered one jack-up rig, “KAI XUAN YI HAO”, to its Asian buyer.
Ship Finance International Limited (SFL) announced that it has agreed to sell the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce to an unrelated third party. The company has simultaneously agreed to terminate the corresponding charter parties with a subsidiary of Frontline Ltd
Bollinger Shipyards, Inc., Lockport, Louisiana, announced the award of six additional USCG Sentinel Class Fast Response Cutters (FRCs). The U. S. Coast Guard (USCG) awarded a $255 million contract option to Bollinger Shipyards of Lockport, La
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
Phillips 66’s previously announced marine over-the-water fueling facility at its Richmond, Calif. terminal is nearing completion. The facility, located on Canal Boulevard, and known as Pier No.12 in the Richmond Harbor, is scheduled to come online in early September 2014.
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