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)
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.
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
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 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.
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 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 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 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
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
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
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.
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
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.
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
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
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
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
Singapore's Otto Marine says it has secured a long-term US$11.3-Million charter contract for its Anchor Handling Tug 'Go Emerald'. The owners inform that Go Emerald will be deployed for work on long term charter in West Australian waters for a renowned oil and gas player
The U.S. Coast Guard has awarded General Dynamics Bath Iron Works a $21.4 million contract for the Offshore Patrol Cutter (OPC) program. Bath Iron Works is one of three shipyards chosen from a field of eight competitors to proceed to Phase I design work on this next-generation cutter program
Louisiana out in front on LNG bunkering infrastructure. New Orleans-based Harvey Gulf International Marine (HGIM) has announced the ground breaking of construction on its $25 million Phase 1, Slip B, LNG (Liquefied Natural Gas) fueling facility at their Port Fourchon, LA terminal
Mitsui O.S.K. Lines, Ltd. (MOL) says it has signed a contract with Methanol Holdings (Trinidad) Limited (MHTL) to build and charter four methanol carriers. MOL consider that the new contracts will play an essential part in MOL's strategy to strengthen long-term business
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned a £6 million vessel for a long-term charter with Nexen Petroleum UK Ltd. (Nexen). Thirty new jobs have been created as a result of the new vessel, Ocean Tay
Otto Marine Limited confirm the time charter contract of their Platform Supply Vessel (PSV) - 'Sea Frost', for approximately US$8.0 million. Under the contract, which has recently commenced, Sea Frost has been contracted to support the Atwood Eagle rig located off the coast of Australia for a
Aberdeen-based subsea installation contractor Bibby Offshore has invested close to £30million in the past six months increasing its international fleet of subsea support vessels by 40%. Most recently, the company signed a contract to charter EDT Jane