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.
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.
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
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
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
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
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
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.
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
The tug Falcon was built by Modern Marine Inc. in 1978. In the intervening years, companies that employed her have changed hands a number of times until 2013 when Vane Line Bunkering of Baltimore, Maryland purchased Kirby Marine’s Philadelphia bunkering division.
Seabourn has announced that it has exercised its option for a second new 40,350-GRT ship to be built by Italian shipbuilder Fincantieri S.p.A. It will be a sister ship to the newbuild announced earlier this year. The first new Seabourn ship is scheduled for delivery in late 2016
Littoral combat ship (LCS) USS Fort Worth (LCS 3) arrived in the U.S. 7th Fleet area of operations Dec. 4, marking a key initial milestone in its 16-month rotational deployment in support of the Indo-Asia-Pacific rebalance. Building on USS Freedom's (LCS 1) inaugural 10-month deployment from
Australia and Japan appear to be inching closer to an agreement on the sale the top-secret technology from Japan to build a fleet of new generation submarines. Size, technology and stealth are proving too great a draw for Canberra.
The managing director of rapidly growing subsea specialist ROVOP last night (October 2) received prestigious industry recognition after being named as the UK’s EY Entrepreneur of the Year 2014 for international business growth. Judges singled out Steven Gray from a shortlist of the
The Panama Canal has received Cerro Ancon, the last of the 14 tractor tugs of its new fleet. These new tugboats will allow the Canal to offer a more efficient service to the global shipping industry and strengthen the waterway's capacity for the operation of the Third Set of Locks.
Senior leaders from the U.S. Coast Guard (USCG) and the National Oceanic and Atmospheric Administration (NOAA) signed a Fleet Plan and Officer Exchange memorandum of understanding Wednesday at a ceremony at U.S. Coast Guard Headquarters.
Venezuelan state oil company PDVSA said on Friday it is selling four crude tankers and two liquid petroleum gas (LPG) tankers that are currently inactive, amid a broader plan to modernize its fleet. "PDVSA is offering, on the terms of 'where they are and in their current condition
Iridium Communications Inc. announced an agreement with Trimble that expands the company's use of satellite communications in its core Transportation and Logistics (T&L) solutions beyond the North American market. Under the agreement, Iridium will provide satellite Machine-to-Machine (M2M)
Seaspan Corporation announced yesterday that it accepted delivery of a 10000 TEU containership, the MOL Brightness. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design
As from the start of October 2014, KOTUG is assisting all LNG vessels at the Brunei LNG Terminal with three powerful Rotortugs. Brunei Shell Petroleum Company awarded KOTUG as its exclusive towage provider with a 24/7 operation, supported by local management.
Evergas has reached an agreement with INEOS to expand its new-building series of ethane/multigas vessels from six to eight units. In January 2013, Evergas announced for the first time that it had secured shipping agreements of up to 15 years with INEOS for the worlds’ first transatlantic
Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Breeze. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd., is Seaspan's sixth 10000 TEU SAVER design containership delivered in 2014
Leading classification society ClassNK has announced the expansion of its Veracruz Office in order to better support the growing offshore oil industry in the Gulf of Mexico. The expansion will increase the survey capabilities and management of the Veracruz office in response to growing
The Monjasa Group has purchased a tanker, M/T Eships Bainunah, from Abu Dhabi based Eships, the company announced today. The Turkish-built (2005), IMO-II, 8,000 DWT vessel, which is double hull and fully equipped for bunkering, has been operating for Monjasa on time charter