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Bisso Marine Acquires Derrick Barge

Bisso-Marine_web.jpg

Bisso Marine has added the D/B Bisso 350 derrick barge to its expanding fleet. Built to service the offshore industry, the revolving D/B Bisso 350 will be used for salvage, offshore construction and diving operations. The vessel has three load blocks: 350 mt (385 st), 150 mt (165 st) and 12 mt (13 st). “The D/B Bisso 350 is a solid addition to our fleet, increasing our capabilities and expanding the level of our services,” said President and Chief Executive Officer W.A. “Beau” Bisso IV. The vessel is eight-point moored and has dimensions of 250 x 78 x 18 ft. It can accommodate 52 people. Formerly named Anna 4, it was purchased from Hapo International Barges of Rotterdam and is class certified by Lloyd’s Register. It flies the Panamanian flag and will be in worldwide service. The addition of the D/B Bisso 350 increases the Bisso Marine derrick barge fleet to a total of six derrick barges. (www.bissomarine.com)


Laborde Diesel Generators Help Power Energy Giant

Photo: Laborde Products

Effective wastewater treatment and liquids processing is essential to energy production, pipeline and refining operations, both offshore and onshore. To help ensure efficient, reliable power for its fleet of equipment, the Water Treatment Services division of Greene's Energy Group recently chose custom generators packaged and installed by Laborde Products. Laborde customized four new 40 kW diesel generators for placement in SEPCo-certified


Globus Maritime Expands Fleet to Seven with Supramax Delivery

Globus Maritime Announces the Delivery of the Supramax "Sun Globe," Expanding Fleet to Seven Vessels.   Globus Maritime Limited ("Globus" or the "Company"), (NASDAQ: GLBS), a dry bulk shipping company, announced that it has taken delivery of the M/V "Sun Globe," a 2007-built Supramax dry bulk carrier it acquired for a purchase price of $30.3 million, which the Company had previously announced in March 2011.  


Euroseas to Expand Fleet to 11 Vessels

Euroseas Ltd., an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that it has signed a Memorandum of Agreement to purchase the M/V Clan Gladiator, a Handysize container ship of 30,007 dwt and 1,742 teu built in 1992 in Germany for $25.7 million. The vessel is scheduled to be delivered to Euroseas around June 11, 2007, at the sellers' option


Vinalines Plans to Expand Fleet

Vinalines plans to expand its fleet of ships so it can transport 2.6 million tons of cargo by 2010 A company official said Vinalines would continue to invest in building new seaports in Dinh Vu, off the northern port city of Hai Phong, in Quang Ninh Province; Hiep Phuoc in HCM City; Cai Mep-Thi Vai in Ba Ria-Vung Tau Province, in addition to Vung Tau container port. The company is aiming for an average cargo capacity of between 50-55 million tonnes at each of its ports by 2010.


Oman Shipping Invests in Counter-Piracy Measures

Government-owned Oman Shipping Company (OSC) has invested in a number of measures to secure its expanding fleet of ships against piracy attacks Capt Andrew Boyce, Senior Manager Safety & Marine, Oman Ship Management Company, informed delegates on the second day of the TransOman Conference at the Grand Hyatt Muscat the measures — although expensive — are a necessity to ensure the security of the country’s national fleet, now boasting 36 ships worth nearly $3 billion


Tsakos Releases 3Q Results

Tsakos Energy Navigation, the Greek oil tanker owner, recently reported better-than-expected third quarter earnings on an expanded fleet and a large capital gain. Net income for the third quarter ending Sept. 30 soared to $50m, or $2.61 per share, up from $44.5m, or $2.33 per share, in the previous year. The third quarter included capital gains of $31.8m compared to capital gains of $13.3m in the previous year. Sales rose to $122.5m up from $115.2m a year ago.


Tsakos Expands Fleet

Tsakos Energy Navigation Limited announced that it has taken delivery of two new vessels from Imabari Shipyards in Japan. The aframax Marathon was delivered on January 22, and immediately entered into an accretive repositioning voyage with a major South American oil concern. The panamax Maya, the first in a series of four new fully coated panamaxes, was received on January 24, and also immediately entered into an accretive repositioning voyage with a major Asian oil concern


Genco to Acquire 16 Supramax Vessels

Genco Shipping & Trading Limited (NYSE:GNK) announced that it has entered into an agreement with Bourbon SA to acquire 16 Supramax vessels, including two newbuildings, from Setaf SAS, a wholly owned subsidiary of Bourbon SA, for an aggregate purchase price of $545m. The acquisition is subject to the completion of customary documentation and closing conditions. Genco intends to retain 13 of the vessels, 12 of which are expected to be delivered to Genco in the third quarter of 2010


S&P Raises Transocean Offshore Ratings

Standard & Poor's raised its ratings for Transocean Offshore Inc., renamed Transocean Sedco Forex Inc. (See chart page 2, related story page 8) At the same time, Standard & Poor's assigned to the company an 'A-1' short-term corporate credit rating, an 'A-1' rating for its $500 million commercial paper program, and a single-'A' rating for its $400 million term loan maturing December 2004. The company's ratings are removed from CreditWatch with positive implications


OSC Plans Fleet Expansion through 2018

Photo: OSC

State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report, the expansion is in line with a ramp-up in hydrocarbon, petrochemical and industrial investment throughout Oman.


Ecospeed Agent Appointed in Germany

Karberg & Schmitz GmbH of Hamburg, Germany, have been appointed as Ecospeed agents for the German territory, representing Subsea Industries and Hydrex in the sale and delivery of Ecospeed, Ecoshield and related products including service, maintenance and warranty work.


Seaspan Accepts Containership Delivery

Seaspan Corporation announced that it accepted delivery of a 10,000 TEU containership, the Hanjin Buddha, which was constructed using Seaspan's fuel-efficient SAVER design. The new containership, which was constructed by Jiangsu New Yangzi Shipbuilding Co., Ltd


Peterson Comments on Moseley' Resignation

David Moseley

Washington Secretary of Transportation Lynn Peterson issued a statement regarding the resignation of Assistant Secretary for Washington State Ferries David Moseley. Peterson's comments are as follows. After six years of service, Assistant Secretary for Washington State Ferries David Moseley has


New Alliance to Develop Advanced e-Maritime Systems

File photo CCL3

An alliance between France's Orolia, and Transas Group, leaders in maritime simulation, navigation and surveillance systems, aims to integrate Maritime Domain Awareness (MDA) and Search and Rescue (SAR) functionality into enhanced marine communication solutions.


Bibby Remote Intervention Expands Fleet

Olympic Ares, on charter to Bibby Offshore from April this year.

Bibby Remote Intervention Limited (BRIL), part of Aberdeen-based subsea installation contractor, Bibby Offshore, has further expanded its fleet by signing a charter agreement for an IRM (Inspection Repair and Maintenance) light construction vessel and adding an additional two ROVs (Remote


Russian fleet at heart of Ukraine crisis

Many of fleet's ships are old, destined for scrap; Fleet is due to get new submarines, ships, aircraft. Ships used in Ukraine crisis, against Georgia, off Syria. By Andrew Osborn Gently bobbing up and down in the sheltered waters of the Bay of Sevastopol in Crimea


Russian Fleet at Heart of Ukraine Crisis is Central to Putin

Russian President Vladimir Putin spoke about Ukraine at a news conference on Tuesday. Credit Alexey Nikolsky/Presidential Press Service, (Reuters )

By Andrew Osborn, Reuters Gently bobbing up and down in the sheltered waters of the Bay of Sevastopol in Crimea, Russia's storied Black Sea Fleet has an air of decay about it. Paint peels from low-slung dockside buildings, a solitary submarine sits dolefully alongside a pontoon


China's civilian fleet a potent force in Asia's disputed seas

From harassing Filipino fishing boats and monitoring oil exploration off Vietnam to playing cat-and-mouse with the Japanese coastguard, China's expanding fleet of civilian patrol vessels have become the enforcers in disputed Asian waters.


DNV GL ShipManager for Entire H&P Fleet

H&P MV Palanpur

German-based shipowner Harren & Partner (H&P) will implement the DNV GL business intelligence software systems ShipManager Analyzer and ShipManager QHSE for its entire fleet of 52 vessels. Both systems will enable Harren & Partner to extract data from operational systems and


China's Civilian Fleet a Potent Force in Disputed Seas

Photo: Reuters

By Megha Rajagopalan and Greg Torode, Reuters From harassing Filipino fishing boats and monitoring oil exploration off Vietnam to playing cat-and-mouse with the Japanese coastguard, China's expanding fleet of civilian patrol vessels have become the enforcers in disputed Asian waters.


Harley Orders Two Newbuild Tank Barges from Vigor

Sixty-Five Roses is a 422’x 76’ tank barge with capacity of 83,600 barrels presently employed  in U.S. West Coast Trade under Charter to a Major Oil Company. Built by Vigor in Portland, Ore., the barge is of double hull design and constructed to exceed OPA 90 Double Hull Standards. Fully loaded she displaces 13,150 Long Tons DWT. She is certified ABS Maltese Cross A1 Oceans.

Vigor Fab has been awarded a contract to build two 83,000 bbl. tank barges for Harley Marine Services, Inc.  The 422’x 76’ x 27’ tank barges, designed by Elliott Bay Design Group to be part of articulated tug and barge configurations


Global Availability of Fleet Management Software Platform

Vessel tracking and asset/document management software, used by hundreds of U.S. commercial workboat and fishing customers,  is now available internationally for integration into existing partner applications.   McMurdo Group, a company in end-to-end search and rescue (SAR) and


Mermaid Marine to Buy Jaya Offshore Businesses

Reutrs - Australian marine logistics firm Mermaid Marine Australia Ltd. said on Tuesday it had agreed to buy the offshore businesses of Singapore's Jaya Holdings Ltd. for $495.96 million in cash to expand its international portfolio. Mermaid Marine


Euroseas Report Adverse Financial Winds in Year 2013

Image courtesy of Euroseas

Greece-based container ship & drybulk ship owners and operators Euroseas have released its results for the three month period and full year ended December 31, 2013, with the following highlights: Full year 2013 Net loss of $103.4 million, or, $2


 
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