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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


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.


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)


Diana Takes a Hit on Charter Extension

mv Leto Photo Marcelo Lopes

  Diana Shipping Inc. specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Leto


Euronav in $384m Deal for 4 VLCCs

Photo: Euronav

Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of $384 million or $96 million per unit. The vessels are due to be delivered as early as September 2015, January


Poseidon to Go Public

Image: New York Stock Exchange

 Poseidon Containers Holdings, a private equity backed containership operator with an initial fleet of 18 vessels, has filed for an initial public offering.    It plans to raise $100 million, which is likely only a placeholder as Poseidon has not specified the number of shares to


Maritime Partner Reaches Vessel Landmark

Photo courtesy of Maritime Partner

Norway's Maritime Partner is set to reach a landmark in its history as it completes the construction of its 2000th vessel since founding in 1994. Maritime Partner CEO Peder Myklebust said the Aalesund based company is ‘immensely proud’ that its 2000th boat will be delivered to its


Scandlines Raises Profitability, Competitiveness in 2014

Courtesy Scandlines

  Scandlines reports good financial results in 2014 as the company strengthened its competitive position through significant investments in new ferries as well as the completion of a number of important strategic objectives concerning customer service and environmental initiatives


Cosco Scraps Four Vessels

Pic: China COSCO Holdings

 China COSCO Holdings disassembled four vessels including two container vessels and two bulk carriers in April 2015, with the aggregate capacity of 261.8 thousand deadweight tons.   The company realized losses from the disassembly of the vessels of approximately RMB59 million


Israeli President Tours New IDF Submarine in Germany

Photo by Israel Navy

Israeli President Reuven Rivlin visited the shipyard in Kiel and toured the ‘INS Rahav’ the fifth submarine due to be delivered to the Israeli Navy.  INS Rahav is the fifth submarine expected to arrive in Israel  in the coming year


Evergreen Marine Plans China-Indonesia services

Photo by Evergreen Shipping Singapore

 The largest container shipper in Taiwan Evergreen Marine Corp will work with China's COSCO Group and China Shipping Container Lines Co to launch shipping services between China and Indonesia later this month.   The three partners will assign four 2,000-2


Bazil's Vale, China's CMES Sign VLOCs Agreement

MS Vale Brasil. Photo: Vale

 Brazilian mining giant Vale and the China Merchants Group (CMES) signed an expanded framework deal for strategic co-operation on iron ore shipments. Vale has agreed to sell four large iron-ore carriers to CMES.   The world's largest producer of iron ore said in a statement the details


CSD, Cosco JV to Buy Vale's Bulk Carriers

Ma Zehua (Chairman of Cosco Group),  Xu Lirong (Chairman of China Shipping Group) Murilo Ferreira (President&CEO of Vale) and Gurinder Singh(Director of Shipping & Distribution of Vale) attended the Signing Ceremony and signed the agreement on behalf of each party. Photo by Cosco

 China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them.   CSD and Cosco’s bulk shipping division Cosco Bulk Shipping holds 49% and 51% equity


Frontline Beats Q1 Forecasts, Inks Ship Finance Deal

Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had renegotiated its relationship with chartering firm Ship Finance to strengthen its balance sheet. Once the world's biggest crude tanker firm


Damen Boosts Composite Focus

A composite Interceptor 1102 built at Damen Shipyards Antalya.

Coming off a year which saw the Damen Group record its highest ever order intake over a 12-month period, a production value of roughly $2.25b and 160 newbuild deliveries, the shipbuilder looks to expand in the composite vessel market.       


Redwise Delivers Two Dredgers to Singapore

TSHD Barito Equator (Photo: Syukur Sahidin, Redwise)

Redwise delivers two dredgers to Singapore – one from the east, one from the west.  The newly built TSHD Barito Equator was delivered by Redwise to Singapore in the first week of May 2015. Built by the Damen Shipyard at Pontianak


Grimaldi Places 10th PureSOx Scrubber Order

Image: Alfa Laval

Alfa Laval reports its scrubber solution PureSOx has been the subject of many repeat orders. One of the major returning customers is the Grimaldi Group, which has now ordered its 10th installation of Alfa Laval’s exhaust gas cleaning system.  


China Shipping Charters Diana Panamax

Calipso. Photo by Diana Shipping

 Diana Shipping has entered into a time charter contract with Hong Kong - based China Shipping Bulk Carrier, for one of its Panamax dry bulk vessels, the m/v Calipso.    The "Calipso" is a 73,691 dwt Panamax dry bulk vessel built in 2005






 
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