New Charter

Euroseas Announces Charter Agreement for Container Ship

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 a subsidiary of the Company has entered into an one-year period time charter agreement with Hull & Hatches Logistics (Dubai) for the M/V Quingdao I, a 1,169 teu, 1990 built feeder container ship, at a gross daily rate of $12,800. The vessel was renamed M/V Ninos. Following this charter, approximately 88% of Euroseas total fleet days in 2007 and, approximately, 40% in 2008 are fixed under period charters, already concluded spot charters, or, otherwise protected from market fluctuations. The rate of the new charter of M/V Ninos (ex- M/V Quingdao I) represents an improvement of $900 per day over the daily charter rate the vessel earned during a three year period charter that ended in March 2007. After a short charter during April 2007, M/V Ninos completed its intermediate survey and dry-docking; it is scheduled to commence the new charter on April 28, 2007.

Long-term Charter for OSV 'SeaMar Splendid'

SeaMar Shipping awarded long term Inspection, Repair & Maintainance (IRM) contract by GDF Suez for its OSV 'SeaMar Splendid'. The SeaMar Shipping vessel has been awarded a five-year contract with GDF SUEZ E&P Nederland B.V. to support its operations on the Dutch Shelf over the period 2013-2017 with a minimum 250 day per year commitment. This contract represents a significant step in SeaMar’s development.

PSV Charter Extension for Viking Supply Ships

Talisman Energy (UK) has extended an existing one-year contract for 'SBS Tempest' a platform supply vessel (PSV) by 6 months SBS Tempest, a platform supply vessel of the VS470 MkII Design, is owned by Viking Supply Ships. The primary function of the vessel is to transport supplies to and from offshore oil platforms. The new charter extension will mean that the vessel will continue to operate from
 Talisman's logistics base in Peterhead, Scotland.

Rickmers-Linie Adds Ships to Middle East/India Service

Rickmers-Linie, Hamburg, signed a long-term chartering agreement with Samudera Indonesia, Jakarta, securing additional modern capacity to complement its existing fleet deployed on its Middle East and India service. The two multipurpose vessels chartered by Rickmers are the 8,900 dwt Sinar Kudus and 9,100 dwt Ardhianto, built in Japan in 1994 and 1999 respectively. Both ships have box-shaped holds and ‘tweendecks. Shipboard cranes enable Sinar Kudus to lift individual pieces of cargo

Seanergy Enters Three Time Charters

Seanergy Maritime Holdings Corp. announced today that it has entered into new time charter agreements for one of its Panamax vessels and two of its Capesize vessels. The M/V BET Intruder, a 69,235 dwt Panamax dry bulk carrier built in 1993, has entered into a time charter agreement for a period of about eleven to about thirteen months at a gross charter rate of $12,250 per day. The charter will commence after the completion of the M/V BET Intruder’s current trip.

Navy Re-Charters WestPac Express

The Austal-built WestPac Express has been re-chartered by the U.S. Navy for a further period of up to 55 months (commencing on the expiry of thecurrent charter in February 2007) in which it will continue to support the operations of the US Marine Corps’ Third Marine Expeditionary Force (III MEF) in the Western Pacific theatre. Originally described as a Theatre Support Vessel (TSV), WestPac Express is now more commonly referred to as a High Speed Connector (HSC)

Navios Maritime Announces Sasada as COO

Navios Maritime Holdings Inc. a large, global, vertically integrated seaborne shipping company, announced today that Sasada has been appointed Chief Operating Officer of Navios Corporation. Sasada began his shipping career in 1981 in Japan with Mitsui O.S.K. Lines, Ltd. (MOSK), as a salesmen. Sasada subsequently worked in the tramp section in Mitsui's bulk carrier division overseeing operations and chartering of approximately 30 Handysize vessels

TEN Takes Delivery of Pentathlon

Tsakos Energy Navigation Limited (TEN) announced that it has taken delivery of the Pentathlon, the third in a series of four new double hull suezmax tankers. Suezmax tankers are the largest vessels that can call on U.S. ports originating from regions including the Black Sea, the Caribbean and western Africa. Concurrently, the Company announced that a major Russian oil company has employed the vessel on a repositioning voyage

MSC Reconfigures Tanker Fleet

The fleet of tankers operated by the U.S. Navy's Military Sealift Command is being reconfigured to meet fuel requirements in support of U.S. forces worldwide. This seagoing force of government-owned and U.S.-flagged chartered ships is acquiring a new chartered ship, MT Empire State, as two government-owned ships complete their service to the command.  The newly built, U.S.-flagged Empire State came under charter to MSC for up to five years today and will operate worldwide carrying

EMAS Starts 2012 Strong with $120 million Contract

EMAS sees strong start to 2012 with further global contract wins worth US$120 million - 12 January 2012. EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and operating brand for Ezra Holdings Limited (Ezra or the Group, 以斯拉控股), today announces two further contract wins worth a total of up to US$120 million for the Group. The offshore support services division, EMAS Marine