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. The gross charter rate is US$6,000 per day, minus a 5% commission paid to third parties, for a period of minimum ten (10) months to maximum fourteen (14) months. Diana Shipping Inc.'s fleet currently consists of 41 dry bulk vessels (2 Newcastlemax, 12 Capesize, 3 Post-Panamax, 4 Kamsarmax and 20 Panamax). The Company also expects to take delivery of one new-building Capesize dry bulk vessel during August 2015, and two new-building Newcastlemax dry bulk vessels and one new-building Kamsarmax dry bulk vessel during the second quarter of 2016. As of today, the combined carrying capacity of the Company's fleet, excluding the four vessels not yet delivered, is approximately 4.7 million dwt with a weighted average age of 7.17 years. Calipso was previously employed on a two-year timecharter to Cargill, which was fixed at a rate of $8,100 per day on July 1, 2013.
Wärtsilä celebrates the inauguration of new office and workshop premises in Hirtshals, Denmark. Over the past year Wärtsilä has invested almost $2.6m in the new building. The office in Hirtshals offers a complete range of services for power plant and ship power sales.The new building has 1200 m2 of office space and a further 400 m2 reserved for the workshop and warehouse. Wärtsilä also has offices in Arden and in Copenhagen in Denmark.
Tidewater Inc. signed contracts to build a total of 12 new vessels for $305 million, electing to build eight vessels at two Far East shipyards and four at its subsidiary, Quality Shipyard L.L.C. The $305 million in new build commitments - which fulfills its January 2000-announced plan to spend $300 million upgrading its fleet - falls on the heels of Tidewater's recent purchase of eight similar vessels from The Sanko Steamship Co., Ltd.
Ship Equip announced a contract with Varada Marine to install its SEVSAT (Ship Equip VSAT) maritime broadband solution on the company’s entire fleet of Offshore Supply Vessels. Varada Marine, a company with its head office in Kristiansand, Norway, has announced an extensive new building program at ABG Shipyard Ltd in India. Deliveries of SEVSAT systems will commence in step with the new building program, with the first system already delivered to the yard.
Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 8, 2015, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Clio. However, due to delays caused by unscheduled repairs to the vessel, the charter agreement was concluded earlier today
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Alcyon. The gross charter rate is US$7,600 per day minus a 5% commission paid to third parties, for a period of minimum eight (8) months to maximum eleven (11) months
According to a report from Emirates Business 24/7, existing new-build programs in the tanker sector of the shipping industry are expected to go ahead with no fear of cancellations despite the current slowdown in the industry's performance, said a senior executive. While ship orders in other sectors have suffered from unprecedented cancellations due to financial constraints, the relatively stronger position of the tanker sector has helped to prevent a similar trend.
U.K based Marine Software Ltd have recently supplied Brooklyn Shipping, a SeaHold GEOSHIPS Group Company with MPM - Marine Planned Maintenance , MSK - Marine Storekeeper and the MPS – Marine Purchasing system for their latest new build Vessel "Loch Erisort" (DWT 2,900) and their Aberdeen Office. Built in the Tebma Shipyard, India, this Wartsila VS 470 MPOVMk III design vessel is initially intended for Far East operations working within the ROV and renewables markets
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the container industry is expected to take delivery of record volumes of TEU capacity this year, the order book to trading ratio has eroded to approximately 20% in June 2013. Jonathan Roach, Container Market Analyst at Braemar Seascope, said, “With more than 1
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$7,300 per day minus a 4.75% commission paid to third parties, for a period of about eleven (11) months to maximum fourteen (14) months
Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed.
“We don’t usually remove the heads at mid-life on the Cummins engines,” Randy Beckler, Shore Engineer for Seaspan Marine, explained in reference to the 2003 launched Seaspan Venture’s third like-for-like repower.
A strategic alliance between Choice Ballast Solutions and Drew Marine has been formed to provide vertically integrated capabilities within the ballast water treatment (BWT) market. The two firms have joined to form “Choice Alliance” which will provide ship owners with -BWT
Leading marine service provider, Marine and Towage Services Group Ltd. (MTS) has supported shipbuilder Damen during sea trials of its latest offshore cabling vessel, Maersk Connector. During the two-week testing period, MTS Vigilant, a Damen Shoalbuster
Saam Smit Towage, a joint venture between SAAM S.A. and Royal Boskalis Westminster N.V. providing towage services in Mexico, Canada, Panama and Brazil, announced it has invested in fleet renewal in Canada and Panama. The company’s Canadian arm has taken delivery of newbuild tug SST
Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki. The gross charter rate is US$5,300 per day
Six months to the day ahead of the naming ceremony, Mein Schiff 5 was launched today at the Meyer Turku Oy shipyard. Following a construction period of 14 months, Ferdinand Strohmeier, Vice-President Operations TUI Cruises, was on hand for the so-called “floating” celebrations
Press Release -- Curtiss-Wright’s Defense Solutions division has announced that its INDAL business unit is collaborating with GeoSpectrum Technologies to develop a new compact and lightweight sonar system designed for the smaller surface ships and Unmanned Surface Vehicle (USV) markets
Damen Shipyards Sharjah (DSS) was officially opened in January 2014. Now, two years later, the yard celebrates its anniversary with a total of 13 vessels being dry-docked simultaneously. The vessels include pilot boats, landing craft, OSVs, as well as a cable-laying vessel
Jensen Maritime was recently selected to provide detailed design and production engineering services for two, 100 passenger, U.S. flagged, coastal cruise ships for Lindblad Expeditions Holdings, Inc. The twin screw diesel ships, will be built at the Washington state shipyard of Nichols
Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels
Greek dry bulk shipping company Diana Shipping has entered into a time charter agreement with Geneva-based SwissMarine Services S.A. for its Capesize dry bulker the m/v Houston. The gross charter rate is US$5,150 per day, minus a 5% commission paid to third parties
Kongsberg Maritime has announced that it has been selected by L-3 MAPPS to provide the CCTV system for the Royal Canadian Navy’s (RCN) new class of Arctic Offshore Patrol Ships (AOPS). L-3 MAPPS is one of the Tier 1 suppliers to Irving Shipbuilding
With three species of migrating cod to fish and new commercial species arriving as oceans warm, Norway is a fisheries Valhalla. Yet, recent boat sales suggest the Scandinavian country’s role is changing. Vessel orders and rules in Norway are propping up yards and designers on Europe’s
Zentech Incorporated of Houston, Texas, USA signed contracts with CSSC Huangpu Wenchong Shipbuilding Company Limited for the construction of (2) Z-210 Mobile Offshore Units. These contracts were finalized based on the Letter of Intent received by CSSC Huangpu Wenchong Shipyard on September 23,2015