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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)


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


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


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


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


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


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


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


SFL Acquires Eight Bulk Carriers from Golden Ocean

Ship Finance International Limited (SFL) has entered an agreement to acquire eight Capesize dry-bulk carriers from subsidiaries of Golden Ocean Group Limited, the company announced today.   The vessels are named Golden Beijing, Golden Zhoushan, Golden Magnum, Battersea, Belgravia


SINOPACIFIC Delivers AHTS Vessel to FEMCO

Photo courtesy of SINOPACIFIC

On April 28, 2015, Sinopacific Shipbuilding Group (SINOPACIFIC) held a christening and delivery ceremony for a newly built SPA150 AHTS, constructed for shipowner FEMCO Group.    This first SPA150 vessel is not only the first of this design to be delivered in the world


Scorpio Tankers to Launch 15mln Public Share Offering

Photo credit: Scorpio Tankers Inc

 Scorpio Tankers has announced a public offering of 15 million common shares, with an underwriter’s option to purchase up to an additional 2.25 million units.   New York Stock Exchange-listed Scorpio says it plans to use the proceeds to fund part of the acquisition costs of


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






 
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