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Four Vessels

Aker Yards to build four PSV’s

Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany and Aker Yards announced that it has signed an agreement to build four Platform Supply Vessels (PSV's) of the type UT 755 LN at Aker Yards in Norway. The value of the contract is approximately $89.8m. Nordcapital has an option for an additional four vessels that will have to be declared by the middle of May 2006. The four vessels are scheduled for delivery from the fourth quarter in 2007 to the second quarter 2008, and will be built at a combination of company’s yards in Norway


Eight Vessel Order Signals Good Times are Back in GOM?

Hornbeck-Leevac Marine Services, Inc. announced today that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. This is the company's third such program since its inception five years ago - the first two were seven and six vessel programs, respectively. The current plan is to build eight additional state-of-the-art, deepwater OSVs, with construction of four 240-ft


Rickmers-Linie Expands Heavy Lift Fleet

"A plan of Rickmers four multipurpose heavy lift vessels on order from the SADRA Shipyard in Busheher. They are scheduled for delivery between July 2007 and July 2008." Rickmers-Linie, the Hamburg based global breakbulk, heavy lift and project specialist, has ordered four multipurpose heavy lift vessels from the SADRA Shipyard in Busheher. They are scheduled for delivery between July 2007 and July 2008. The newbuildings have been purpose-designed for the carriage of breakbulk


Bergensen Makes Final Negotiations on LNG Contract

Bergesen has agreed with Nigeria LNG Limited (NLNG) on a preliminary agreement for the employment of four LNG-carriers for a minimum of 20 ½ years from delivery. Final contract is subject to NLNG making its final investment decision on its further extension called NLNG Plus. Subject to same investment decision, Bergesen will enter into an agreement with Daewoo Shipbuilding & Marine Engineering Co. Ltd., Korea, to build the vessels


Cargotec to Deliver RoRo Equipment

In June, Cargotec signed a contract with Hyundai Mipo Dockyard Co. Ltd in South Korea to deliver MacGregor RoRo equipment for four deepsea ConRo vessels to be built for a Saudi Arabian owner. The contract includes 1600 tons of MacGregor equipment for each of the four vessels, including jumbo quarter ramps, stern doors, ramp covers, bulkhead doors, and two levels of hoistable decks and movable access ramps, all of which will be delivered in 2012-13.


China Shipbuilder Wins Capesize Bulker Contracts

Shanghai Waigaoqiao Shipbuilding: Photo courtesy SWS

Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships. The contract with undisclosed European owners has the option for a further four vessels to be delivered if required. The vessels will adopt Waigaoqiao’s newly developed sixth generation design for 180,000dwt capesizes which will reduce oil consumption by 20% and improve transport capacity by 30% compared to its previous design.


BP Shipping Orders VLITs

BP Shipping has ordered two Very Large Inland Tankers (VLIT’s) with a capacity of some 10,300 cu. m. each. The Breko shipyard from the city of Papendrecht (close and southeast to Rotterdam) is also going to build two smaller, 1,500 cu. m., tankers for lubricants. All four vessels will have double hulls.


Stealthgas Receives New LPG Ship

stealthgas.bmp

STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the delivery of Gas Cerberus, new charter arrangements for three vessels, the sale of four vessels and first quarter 2011 financial results release date, conference call and webcast.   Update on Newbuilding Program: On April 20, 2011, the Company took delivery of the 5,000cbm LPG carrier, Gas Cerberus


Otto Marine Builds 4 Vessels for PTK

Photo: Otto Marine

Otto Marine’s Shipyard delivered four newbuild vessels worth a total contract value of $36.6 Million   Otto Marine Limited, an offshore marine group which owns and operates a large fleet of offshore support vessels with a worldwide presence, complemented by a technically proven shipyard, announced today that its shipyard, PT Batamec, has completed the construction of two units of harbor tug and two units of anchor handling tug supply (AHTS) for PT Pertamina Trans Kontinental (PTK)


Naviera Integral Orders 4 Damen Sea Axe Vessels

Kommer Damen (left) and  Lic. Juan Pablo Vega Arriaga (right)

Mexican offshore company Naviera Integral and Damen Shipyards Group signed a contract for four more Damen Fast Crew Suppliers 5009 (FCS 5009). The first two vessels will be delivered from stock and will be handed over in Vietnam on April 16th of this year. The other two vessels will start construction soon, with their delivery planned for July 2015. All four vessels will operate in the Gulf of Mexico, under a direct contract from PEMEX, the Mexican state oil company.


Keel laying Ceremony of Damen PSVs for Atlantic Towing

PSV 5000 Keel laying lowres

  In a keel laying ceremony attended by key client representatives, Damen Shipyards Galaţimarked the start of construction of two Platform Supply Vessels – PSV 5000 – for Canadian maritime services provider Atlantic Towing. The 90-metre vessels are part of a multiple vessel order


Scorpio Acquires 3 Tankers

Courtesy Scorpio Tankers

Scorpio Tankers Inc. announced today that it has recently taken delivery of three newbuilding vessels. The Company recently took delivery of the following vessels:   * STI Pontiac, an MR product tanker, was delivered from Hyundai Mipo Dockyard of South Korea in March 2015


Navig8, Ocean Yield in Chemical Tanker Deal

Image: Ocean Yield

 Norway’s Ocean Yield has bought eight chemical tanker newbuildings for $306.8m from Navig8 Chemical Tankers Inc, which will lease the vessels back on 15-year   "hell and high" bareboat charters.   Navig8 Chemical Tankers has options to buy the vessels during the


Wärtsilä Debuts LNG Carrier Designs

The new series of LNG Carrier ship designs consists of four vessel designs.

  The unmatched track record and expertise that Wärtsilä has in LNG fuel solutions for the marine industry is again emphasised with the company's launching of a new series of LNG Carrier ship designs. This series of designs is the latest addition to Wärtsilä's ship design


Hansson Sees Positive Outlook for NAO

Photo: NAO

Nordic American Offshore Ltd. (NAO) executive chairman, Herbjørn Hansson, has increased his ownership in the company, purchasing an additional 50,000 NAO shares with his son, Alexander, yesterday at about $7.83 per share.   In a letter to NAO shareholders


Are Megaships Game Changers?

Image: A.P. Moeller-Maersk Triple-E

 Bragging rights for the world’s largest container ship have changed hands four times in as many months and keep on shifting again, says a report in the Bloomberg.   The megaships have come to dominate container shipping with astonishing rapidity over the past decade


Hornbeck Completes $114M Sale of OSVs to U.S. Navy

    The HOS Arrowhead in 2010 (Photo courtesy of Military Sealift Command)

  Hornbeck Offshore Services has closed the sale of three 250EDF class OSVs to the U.S. Navy, the company announced today.   The three vessels were sold for cash consideration of $114 million, the company reported. This is expected to result in a gain on sale of assets of


Maersk Orders Rolls-Royce’s New Anchor Recovery Frames

Image courtesy of Maersk

Maersk Supply Service orders Rolls-Royce’s new Anchor Recovery Frames for newbuild anchor handlers   Maersk Supply Service has exercised an option to add Rolls-Royce’s new Anchor Recovery Frames (ARF) to the supply contract awarded in December for deck machinery for six anchor


Transportation Sec., Maritime Administrator, VP Biden Visit Charleston Port

 Maritime Administrator Chip Jaenichen

U.S. Transportation Secretary Anthony Foxx was joined by Vice President Joe Biden, and Maritime Administrator Chip Jaenichen at the Wando Welch Terminal Project in Charleston as part of the secretary’s four-day, five state GROW AMERICA Express bus tour aimed at encouraging Congress to act on


LR2 Product Tanker Joins Scorpio Tankers' Fleet

Scorpio Tankers Inc. Announces Delivery of a Newbuilding LR2

  Scorpio Tankers Inc. today took delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel will begin a voyage for 52 days at approximately $33,500 per day. The Company has also exercised an option to extend the charter on one of its time chartered-in


MOL Takes Delivery of LNG Carrier

Image: Mitsui O.S.K Lines Limited

 Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company.  The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in


Baltic Index Continues Slide as Rates Drop

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new near-three decade low as rates for all four vessel segments fell.   The overall index, which factors in average daily earnings of capesize


Scorpio Takes Delivery of STI Veneto

Tanker LR2

  Scorpio Tankers Inc. has taken delivery of STI Veneto, an LR2 product tanker from Hyundai Samho Heavy Industries Co., Ltd. This vessel will begin a voyage for 60 days at approximately $32,000 per day. With this Scorpio Tankers owns 63 tankers (nine LR2 tankers, two LR1 tankers


Baltic Sea Freight Index Falls to Lowest Level Since 1986

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly three decades as rates for all the four vessel types continued to flounder.   The overall index


USACE Barges, Tugs Up for Repair

Photo: Great Lakes Shipyard

The United States Army Corps of Engineers (USACE) Buffalo District has awarded a repair contract to Great Lakes Shipyard for two tugs and two barges from the Corps’ Cleveland Field Station.   The shipyard said it has been contracted to perform drydocking






 
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