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New Vessels

BC Ferries Signs $45.5m Deal to Build New Ferry

BC Ferries has signed a $45.5m Contract to construct a new intermediate-sized ferry slated for the Saltery Bay-Earls Cove route. Construction of the 125-car, 600 passenger, 328-ft. vessel will begin later this year at Vancouver Shipyards, a Washington Marine Group company, in North Vancouver. The design includes a lounge, snack bar and a new state-of-the-art lifesaving system. The ship is expected to enter service initially on the Saltery Bay route by the summer of 2008. Originally the new vessel was slotted to go to Bowen Island. The new vessel will allow BC Ferries to retire the 46-year-old Queen of Tsawwassen, the summer vessel on the route linking Powell River to the Sechelt peninsula. The specifications for the new vessel are similar to both the Queen of Tsawwassen and the Queen of Chilliwack, the ferry on the Saltery Bay route in the winter. Source: Peak Online


Halliburton Launches State-of-the-Art Vessel for GOM Work

Halliburton Energy Services has deployed a new vessel, M/V Cape Hawke, to Carmen, Mexico to enhance its contract longstanding with PEMEX. The new vessel replaces M/V 221, which has been providing services for PEMEX in the Gulf of Mexico for the last 19 years. M/V Cape Hawke is the second totally new state-of-the-art vessel unveiled by Halliburton this year for work in the Gulf of Mexico. M/V Stim Star, launched in February, serves the frac pack deepwater market


Local Shipyard Constructs Port Metro Patrol Boats

Image courtesy of Daigle Welding & Marine

Port Metro Vancouver has previewed 2 new harbour patrol vessels currently under construction at local shipyard, Campbell River’s Daigle Welding & Marine. The new vessels will provide continuous marine surveillance with early incident detection and activity tracking. Peter Xotta, Port Metro Vancouver’s Vice President of Planning & Operations spoke about the announcement saying, “This is an exciting day for Campbell River


Gladding Hearn Signs To Build New Coastal Vessel

The Woods Hole Oceanographic Institution (WHOI) and Gladding-Hearn Shipbuilding, Duclos Corporation of Somerset, MA, signed a contract today to build a 60-ft. vessel to replace the Institution's aging 46-ft. coastal vessel Asterias. Construction of the new vessel is estimated at a cost of $1.6 million, with delivery expected in March 2004. "The need for this type of vessel has increased dramatically over the past few years as our interests in our continental shelf continue to increase


Gladding Hearn Signs To Build New Vessel

The Woods Hole Oceanographic Institution (WHOI) and Gladding-Hearn Shipbuilding, Duclos Corporation of Somerset, Mass. signed a contract to build a 60-ft. vessel to replace the Institution's 46-ft. coastal vessel Asterias. Construction of the new vessel is estimated at a cost of $1.6 million, with delivery expected in March 2004. "The need for this type of vessel has increased dramatically over the past few years as our interests in our continental shelf continue to increase


Seaspan Buys Two Ships

Seaspan Corporation announced that it has agreed to purchase two new building vessels from affiliates of Conti Holding GmbH & Co. KG of Germany, increasing Seaspan’s total fleet to 25 vessels. Seaspan will acquire the two 3,500 TEU vessels upon their delivery in February and July 2007 respectively from Zhejiang Shipbuilding Co. Ltd. in China. The total delivered cost is expected to be approximately $50 million per vessel, subject to certain pre-delivery expenses remaining at budgeted levels


Ferry Contract for German Shipbuilder

Caledonian Maritime Assets Limited announce Flensburger Schiffbau-Gesellschaft  preferred shipbuilder  for new Scottish highlands ferry Caledonian Maritime Assets Limited (CMAL) has announced that Lloyds Banking Group plc (LBG) are to provide financing for a replacement vessel for the Stornoway to Ullapool route and has named Flensburger Schiffbau-Gesellschaft MBH & Co. KG (FSG), Germany as the preferred shipyard for the detailed design and construction of the vessel.


NLNG Adds New Vessels

Image: Nigeria Liquefied Natural Gas Limited

 The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation.   Five of the six vessels were already delivered between November last year and March this year, said NLNG Managing Director, Babs Omotowa.   He added that  the acquisition of the new ships became imperative as Train plant approaches nameplate


Aker Yards Signs $100M Contract

Aker Yards has signed a contract worth approximately NOK 650 million to build a Well Intervention Vessel for Island Offshore. The vessel will be delivered in January 2008. Main duties for the new vessel of Rolls Royce design, will be maintenance and repair of oil-/gaswells in deeps of as far as 600 meters, and operate with a riserless wireline intervention system. The vessel will operate an ROV, (remote operated vehicle), for operations on the sea bed


Tidewater to Invest in Aging Fleet

New Orleans-based Tidewater Inc., operator of the world’s largest fleet of offshore supply vessels, plans to invest between $300m and $500m annually through 2011 to renew its vessels. Tidewater CEO and Chairman Dean Taylor made the announcement, saying the investment would position the company to take advantage of growing opportunities in international markets. The company recently accepted 16 new vessels and plans to receive another 50 by 2011


Corvus Energy to Power UK Hybrid Ferry

Corvus Energy Inc. has announced that Wärtsilä, provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid ferry being built for UK based Wightlink Ferries


Toll to Build Two New Ships

Photo:  Toll Holdings Limited

Toll Group announced it is investing $170 million to build two new ships to support trade between Victoria and Tasmania and to meet the demands of continued growth.   The new, purpose-built ships, operating between Burnie, Tasmania and Melbourne, Victoria


New Vessel Traffic Equipment at ABP Southampton

Shipping Minister John Hayes CBE MP (front row, third from left) at ABP Southampton with James Cooper, chief executive at Associated British Ports (front row, far left), Alastair Welch, port director at ABP Southampton port director (back row, far right) with staff at ABP Southampton (Photo: ABP)

Associated British Ports marked the latest in a series of multi-million dollar investments in the port of Southampton by inviting the Rt Hon John Hayes CBE MP to open its brand new vessel traffic service (VTS) operating room, (September 21).  


CMA CGM sees Opportunity in Hanjin collapse

A CMA CGM Containership (credit: Marad)

CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea's Hanjin Shipping, the French group's vice chairman said on Tuesday. Hanjin, the world's seventh largest container line, filed for receivership last month


Catamaran Ferry Delivered to Hyline Cruises

Photos courtesy of Incat Crowther

Incat Crowther has announced the launch of Grey Lady IV, the fourth catamaran ferry designed by Incat Crowther and built by Gladding Hearn for Hyline Cruises of Hyannis, Massachusetts. The new vessel was commissioned in response to increased ridership and a passenger preference for a


Six Suezmax Tankers Earn BV Gas-Prepared Notation

International classification society Bureau Veritas is to grant GAS-PREPARED notation to six Suezmax tankers under construction for Dynacom Tankers Management.   The 157,000 dwt tankers will measure 274.3 meters in length, with a beam of 48 meters and depth of 23.2 meters


New Tour Boat for Argosy Cruises

(Image: Teknicraft Design)

All American Marine, Inc. (AAM), together with Argosy Cruises of Seattle, Wash., has signed a contract for the construction of a 125-foot aluminum monohull tour boat for operation in Puget Sound’s Elliott Bay.   This project will mark the first keel laid at All American Marine’s


Tanker Sale & Purchase Update

Tanker. Pic: TTS Group ASA

 For now, the Sale & Purchase (S&P)  market is pretty dead (because the charter markets are also slightly lifeless). S&P transactions for tankers have almost halved so far this year (Jan 1-Sept 2), reports  Alibra Shipping Ltd. Research.  


Gondan Launches Second Dual Fuel Tug Built in Europe

The launching of the second dual fuel tug built in Europe

Today at Gondan Shipyard in Figueras, at high tide, the second Dual Fuel tug ever built in Europe – and the second of a series of three currently under construction for the Norwegian shipowner Østensjø Rederi - has been successfully launched.


Incat Crowther Designs another Ferry for Seastreak

(Image: Incat Crowther)

In response to significant growth in passenger volume, New York ferry operator Seastreak has contracted Incat Crowther to design a 45-meter catamaran passenger vessel for its fleet, thus increasing its number of Incat Crowther designed vessels to eight.  


Asia Tankers-VLCC Rates Steady, Owners Resist Further Cuts

File Image (Credit: EuroNav)

Daily VLCC earnings fall to around $10,000; vessel deliveries, shorter voyages weigh on rates. Freight rates for very large crude carriers (VLCCs), which fell to multi-year lows on Thursday, are likely to hold steady around current levels as ship owners resist charterers' attempt to push


BV Classes First LNG-fuel Oil/Chemical Tanker

LNG-fuel oilchemical tanker built by Avic for Terntank Rederi AS

Leading international classification society Bureau Veritas has classed the first LNG-fuelled newbuilding oil/chemical tanker, the 15,000 dwt Ternsund, built under BV class at Avic Dingheng, China and delivered to Denmark’s Terntank Rederi at the end of June 2016


New Tour Vessel for Mary D Cruises

(Image: Incat Crowther)

A new high-end tour vessel is scheduled to be delivered to for Mary D Cruises of New Caledonia in late 2016.    Designed by Incat Crowther with styling reminiscent of a yacht, the new vessel is being built by Strategic Marine to replace an existing vessel in Mary D Cruises’ fleet


What is Happening to Suezmax Rates in 2016?

Graphs: Poten & Partners

 Several years ago, the main market for Suezmax tankers was the West Africa to North America trade. When this market dried up in the period from 2012 to 2014/15, it looked like the Suezmax fleet was in for hard times. Tanker Research & Consulting department at Poten & Partners takes a


Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up efforts to cut costs as new vessel orders slide amid a volatile global economy.






 
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