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.
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
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
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
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
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
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
AHTS Coloso built and delivered to Gulfmark Offshore earlier this year. Keppel Singmarine, a builder of offshore support vessels, won a $230 million contract to build six new Anchor Handling Tug/Supply (AHTS) vessels for Gulfmark Offshore. Two of these six 10,700 bhp AHTS vessels of 2,700 dwt each will be built in the Keppel Nantong Shipyard. This is the first contract for Keppel’s newly acquired shipyard in China.
Lomar informs it has declared a further three options to build new container vessels at Chinese shipyards, which brings the total number of newbuilding orders in hand to over 20 ships. The company has declared its final two options in a total order for six 1
According to Petrobras, production at Cascade and Chinook fields hit 40,000 barrels per day (bpd) on March 4, 2014, a new output record for these oilfields. Cascade has 3 wells in operation and Chinook 2 wells. The record levels were achieved by bringing on stream two new wells
Endofa, an independent physical marine fuel supplier and bunker trader with offices in Houston and Dubai, informs it has partnered with another emerging bunker broker, VP Bunkers, to form Endofa-VP with offices in Nice, France. According to Endofa's Kenn Soendergaard
Dr Robin Bidwell CBE has been appointed as LOC Group chairman informs the London-headquartered international marine and engineering consultancy and survey company. LOC add that for 35 years, Dr Bidwell built and led Environmental Resources Management (ERM) the global environmental advisory firm
The 2013 shipping season was a record-setter for the Port of Monroe (located on Lake Erie and bisected by the River Raisin, the Port of Monroe is Michigan’s only port on the Lake). Nearly 2.2 million metric tons of cargo was handled by the port
Eastern Shipbuilding Group, Inc. announced the delivery of the M/V BRAVANTE VI (Hull 156) on Friday February 28, 2014 to Boldini S.A., BRAVANTE GROUP of Brazil. The BRAVANTE V (Hull 155), the first in the series, was delivered three months earlier and is currently on charter in Brazil.
March 6 marks the start of a new service from Los Angeles gateway. CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced a new weekly, direct, all-water LCL (less than container load) service from the U.S
Global marine engineering consultancy LOC Group announced Dr. Robin Bidwell, CBE as its nonexecutive chairman. For 35 years, Dr. Bidwell built and led Environmental Resources Management (ERM) the global environmental advisory firm employing more than 5000 employees in over 40 countries
On March 4, 20 trainees from the Basic Training course for the Seychelles Coast Guard took part in a training exercise covering the use of electronic navigation equipment. The training was delivered by Seychelles Coast Guard trainers and EUNAVFOR with support from EUCAP Nestor on board the French
Net Income Group share up 174% to €115 million. Increased operating margin1 and capital gains generated €575.7 million EBITDA, up 41.7% compared to 2012. EBITDAR2 (excluding capital gains) reached €450.3 million (+17.6%), an increase of 2.1 pts to 34
BMT SMART Ltd. (BMT), a subsidiary of BMT Group Ltd., an international maritime design, engineering and risk management consultancy, announced the appointment of Laura McKelvie as Product Manager. A University of Southampton graduate in Naval Architecture
MacGregor, part of Cargotec, has won an order for two 50-metric-ton SWL versions of its heavy-duty grab cranes. The K5036-4HD MacGregor cranes are destined for a 68m floating crane barge, which is being built by Batam-based PT. Karya Tekhnik Utama (KTU), in Indonesia.
The offshore construction vessel Polar Onyx was delivered on March 4, 2014 from Ulstein Verft to GC Rieber Shipping, as the latest addition to their growing investments into the subsea segment. The vessel’s first assignment will be to work for deepwater projects serving as pipelay support
First Medical Group and Hawkes Associates Limited announced a strategic partnership to deliver a range of risk management and training services to energy and construction industries in Libya and globally. Based in Aberdeen Hawkes Associates Limited have provided risk management services
Maersk Training announced the launch of two new offshore emergency courses: the OPITO Helideck Emergency Response Team Member Training and the OPITO 6 Day Combined Helideck and Team Member Training. These two OPITO Accredited courses will kick start this month at the company’s training