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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 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


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


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.


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


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


Jumbo Orders Another Heavy Lift Ship

An agreement has been signed with the Brodosplit shipyard in Split, Croatia, for the construction of a top segment heavy lift vessel. The new vessel will have a length of 152.6 m and a beam of 27.4 m and is equipped with 2x 1,100 mt cranes (at 27.5m outreach). In tandem the cranes can lift up to 2,200 mt. This makes it the one of thge strongest heavy lift vessel in the world. To be able to work in Arctic regions, the vessel is to be built under ice class


Frontline Disappoints with Deeper 3Q Loss

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering options to restructure its debt and lease obligations. The Oslo-listed tanker business of shipping tycoon John Fredriksen said its results


Song Thu Lays Keel for New Dredger

Photo courtesy of RS

The construction of a new vessel of dredging fleet, project TSHD 2000, has been launched to the RS class in Da Nang, Vietnam. The keel laying ceremony was held at Song Thu Corporation shipyard November 21, 2014. It was attended by Andrey Tarasenko, General Director of FSUE Rosmorport


Everett College to Launch New Research Boat

Phocoena (Photo courtesy of Everett Community College)

Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett.   The dedication of the Phocoena (the scientific name for harbor porpoise


Asia-Europe Box Rates Drop Almost 21 pct

File Photo: containership underway.

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 20.5 percent to $934 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


UASC Selects Jotun Coatings for 11 New Containerships

Photo: Jotun

As part of a $2.3 billion newbuilding program, United Arab Shipping Company (UASC) has reached an agreement with Jotun for the provision of antifouling coatings for 11 new container vessels. The agreement marks the first time the companies have worked together on marine antifouling hull coatings


Maersk Line Q3 Performance Better

Søren Skou, CEO of Maersk Line.

Maersk Line said it has achieved improved results in the third quarter of 2014 (Q3) through lower costs and increased rates. Revenue in Q3 was $7.074 million, as volumes increased by 3.7% to 2.4 million FFE. Maersk Line said its strategy is to grow with the market and the increase is in line


D/S Norden Reports Q3 Loss, Keeps 2014 Guidance

Photo: NORDEN

Danish shipping company D/S Norden reported a smaller-than-expected third-quarter operating loss on Wednesday and maintained its full-year earnings guidance. D/S Norden said its loss before interest and tax was $27.6 million in July-September, against a forecast for a loss of $33


Songa Beats Street, But Sees Market Weakness Ahead

File Image: courtesy Statoil

Norwegian rig company Songa Offshore reported a forecast-beating core profit for the third quarter although it said weak demand for drilling rigs would remain subdued into 2015 before picking up from late 2016. The company's shares rose 5


COSCO Chairman Expects Shipping Slump to Persist

 Ma Zehua (Photo: COSCO)

The global shipping market is unlikely to see a recovery during the next two years as it grapples with an oversupply of vessels, the chairman of China's largest shipping group said on Wednesday. The sector has been battling overcapacity since the 2008 financial crisis because new vessels


Seaspan's Vancouver Shipyard’s Modernization Complete

Vancouver Shipyard

  Today, Seaspan’s Vancouver Shipyards officially celebrated the completion of its two-year, $170M Shipyard Modernization Project ahead of schedule and under-budget. Funded entirely by Seaspan, this project has transformed Vancouver Shipyards into the most modern facility in North


Arctic Oil: Bourbon to Enter Arctic Market in 2016

(Copyright: Bourbon)

Bourbon plans to enter the growing Arctic Offshore market in 2016 with a new Anchor Handling Tug Supply (AHTS) vessel built by the Vard shipyard. This AHTS (Anchor Handling Tug Supply) was specially designed for operations in polar waters, and more specifically in arctic zones


Exmar Optimistic About Gas Carrier Market into 2015

Photo: Exmar

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter and was expected to remain good in spite of new vessels being delivered in 2015.


CSC Launches Gas Storage Integrity Management Team

CIM Alan EXAMINATION 024.jpg

UK-based Chesterfield Special Cylinders (CSC) has launched a new integrity management team to work with owners and operators of high pressure gas storage vessels as installed in rigs and ships, and with gas majors and classification bodies to maximize vessels’ lifetime performance and safety


Naviera Integral Orders Damen Fast Crew Suppliers

Image: Damen

Naviera Integral of Mexico is the launching customer of Damen’s new Sea Axe Fast Crew Supply vessel, the FCS 4008. President of Naviera Integral, Juan Pablo Vega, signed the order for the two new vessels at an official ceremony at the Offshore Energy Exhibition in Amsterdam


L-3 MSI Supplies Navigation for the Oasis Class

Oasis of the Seas (Photo courtesy of Royal Caribbean International)

L-3 Marine Systems International (L-3 MSI) has been awarded a contract to provide its NACOS Platinum navigation system, including an integrated dynamic positioning system, for the third ship in Royal Caribbean International’s (RCI) Oasis class






 
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