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
Merwede Shipyard has been busy of late, announcing two significant jobs from the military and commercial sectors. On the military side, the company announced a contract for the design, engineering and building of one Multi-Role Vessel, for Tenix Defence of Australia. The vessel will meet or exceed all operational requirements of the New Zealand Ministry of Defense, including those for cargo and troop carriage, speed, endurance
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
The continued maturation of Offshore Service Vessel design is embodied in recent contracts and deliveries. Ulstein Verft subsea newbuild Island Performer was built for Island Offshore to be a flexible, RLWI/IMR vessel, destined to serve its first five years for FTO in the Gulf of Mexico
The Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to sell the 1991-built General Purpose Product Tanker Jag Prachi (28,610 dwt). The vessel will be delivered to buyers in September-October, 2014. The company’s current fleet stands at 30 vessels
Global marine terminal operator DP World releases strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014, delivering profit attributable to owners of the Company before separately disclosed items of $332 million, 40
469 NW Bowdoin Place Seattle, WA 98107 Telephone: 206 545 8485 E-mail: email@example.com Website: www.kvichak.com CEO/President: Keith Whittemore Number of Employees: 155 The Company: Kvichak Marine Industries Inc. responds quickly to new customer requirements
Havyard Group says that Kenneth Pettersen has taken over as Executive Vice President of its Ship Technology business area; details as follows: Kenneth Pettersen becomes Executive Vice President of Havyard Ship Technology AS, thereby becoming head of the business area and general manager of the
Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea ("SPP")
Danaos Corporation purchased a NAUTIS DNV Class A FMB Simulator and Instructor Station for training of its fleet members. The simulator will be delivered and installed by VSTEP at Danaos Shipping Co Ltd. Headquarters in Piraeus, Greece.
Keppel FELS Limited (Keppel FELS) has delivered its fourth jackup rig, "Dukhan", to Gulf Drilling International Ltd. q.s.c. (GDI) of Qatar nine days ahead of schedule, on budget and with a perfect safety record. “Dukhan” is a high specification rig built to
The country’s largest floating drydock, the Vigorous, is headed for Portland this weekend. The drydock, a piece of equipment used to lift vessels as large as cruise ships out of the water, is scheduled to arrive at the mouth of the Columbia Sunday
Krill Systems Inc., a producer of Vessel Fuel Measurement and Monitoring Systems (VFMMS), announced delivery, installation and successful sea trials of three more systems to Island Tug and Barge Ltd. of Richmond B.C. Canada. The newly fitted vessels, Island Scout, Island Brave and Cindy Mozel
Neumühlen 9 22763 Hamburg/Germany Tel: (713) 895-1449 Email: firstname.lastname@example.org Website: www.marine.cat.com Managing Director: Nigel Parkinson The Company: Caterpillar Marine Power Systems brings together all the sales and service activities for Cat and MaK branded marine
Uptime International says it has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion compensated gangways. The first of these three gangways will be mounted early 2015 on their third Compact Semi Sub (CSS) maintenance vessel
Belgian dry bulk shipping group CMB said on Tuesday it had cancelled an order for four vessels with South Korean shipbuilder Samjin set to be delivered in 2014. CMB, which added that the shipbuilder was not able to deliver the four handysize vessels on time
Hyde Marine, Inc., a ballast water treatment technology company, will showcase its Hyde GUARDIAN Gold HG250G Ballast Water Treatment System (BWTS) at the upcoming Shipbuilding, Machinery, & Marine Technology (SMM) International Trade Fair, September 9-12, 2014, in Hamburg, Germany.
Lamprell today announced its financial results for the first half of 2014, reporting results ahead of expectations due to strong operational performance and early results from savings initiatives, generating improved margins. Revenues rose by $125