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Newbuild Program

ABS Nautical Signs 30 New Contracts, Doubles Staff

ABS Nautical Systems, provider of integrated fleet management software for the maritime industry, announced it has experienced record growth in the second half of 2009. During that period, which began with the launch of the Newbuild Program, ABS Nautical Systems has expanded their business by signing 30 new contracts in just 26 weeks. ABS Nautical Systems expects to continue its momentum and forecasts even stronger growth in 2010. “By integrating our ship maintenance software with the classification and survey requirements of ABS, we will have the ability to streamline the owners’ inspection process and move towards developing a more standardized, class-approved maintenance program,” said Karen Hughey, President and COO of ABS Nautical Systems. “The tremendous success of the Newbuild Program has prompted us to double our customer support staff and develop expanded offerings to provide greater value for our customers.” One of the first class-integrated, fleet maintenance solutions, the Newbuild Program offers free hull inspection, web-based drawings management and maintenance management software to all ABS-classed vessels built after January 1, 2009.  One-third of the new contracts signed have come from existing customers. The Hull Inspection, Maintenance & Repair and Web-based Drawings modules included with the Newbuild Program are pre-loaded with the technical data specific to the newly built vessel


Hornbeck to Spend $265M on New Boats

Hornbeck Offshore Services, Inc. announced a new vessel construction programs for each of its two business segments, making it the company's fourth OSV newbuild program and second tug and tank barge (TTB) newbuild program. Hornbeck is seeking bids from domestic shipyards for the two programs. Based on internal estimates, the incremental cost of the two expansion programs is expected to be approximately $265 million in the aggregate


Hornbeck Offshore Q4 2009 Results

Hornbeck Offshore Services, Inc. (NYSE:HOS) announced results for the fourth quarter ended December 31, 2009. Following are highlights for this period and the Company's future outlook:   --  Company initiates 2010 EBITDA and earnings guidance   --  Contract backlog for new generation OSV vessel-days at 56% for 2010, up from 40% as of 3Q 2009   --  Vessel-stacking and fleet rationalization strategy saves $32.1 million in 2009 cash operating expenses


ABS Nautical Systems Signs Caspian Drilling Company

ABS NS Logo from Web.jpg

Caspian Drilling Company, based in Azerbaijan, will install ABS Nautical Systems’ NS5 Enterprise software on four of its drilling rigs.   Three of these rigs will take advantage of the ABS Newbuild Program and the Transfer of Class Agreement Initiative (TOCA)* by implementing the Hull Inspection and Maintenance & Repair modules.  A Survey Planning Document will be prepared for each of these rigs as well


Davie, Aecon Announce Cooperation Agreement

Chantier Davie Canada Inc. and Aecon Atlantic Inc. announced the signing of a cooperative agreement to work on marine-related projects. The agreement includes the following elements: Combine fabrication capacities to increase speed and cost of delivery for major marine commercial and naval programs; Use a modern production/assembly approach by producing and assembling ship sections at multiple sites; Provide greater geographical reach and flexibility for joint


Chesapeake Shipbuilding Expands Design Department

Image: Chesapeake Shipbuilding

Chesapeake Shipbuilding of Salisbury, Md., is expanding its design department and is actively seeking two naval architects and one marine engineer to add to its design team.   The design office provides engineering and technical support for the company’s newbuild program and fleet operations. Chesapeake Shipbuilding’s design team undertakes design projects from conceptual design to detailed practical design and commissioning


I.M. Skaugen Completes Newbuild Program

I.M. Skaugen ASA, Oslo (IMSK) will take delivery of its sixth vessel in the newbuilding program, MV "Norgas Napa", on October 31, 2003. The vessel is built by the Hudong - Zhonghua Shipbuilding Group in Shanghai, China. The successful completion of the newbuilding program combined with the new alliance with A.P. Møller - Maersk have placed Norgas Carriers and Maersk, with the joint venture MNGC, a one of the world's leading gas carriers


ABS Nautical Systems Wins Two International Contracts

ABS NS Logo from Web.jpg

ABS Nautical Systems Nets Two New Clients.   ABS Nautical Systems has signed a contract with Samson Maritime Ltd. for the use of its NS5 software.   Located in Mumbai, Samson Maritime Ltd., owns and operates a fleet of offshore supply vessels, maintenance tugs and workboats.   Samson Maritime Ltd. has chosen to implement the Maintenance & Repair, Hull Inspection and Drawings Management modules as offered through the ABS Newbuild Program


Eastern Delivers 60th Towboat to Florida Marine

M/V Bill Seymour (Photo courtesy of Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. delivered the M/V Bill Seymour (Hull 190), the 60th 90’ Inland Towboat to Florida Marine Transporters, Inc. of Mandeville, La., continuing its ongoing newbuild program.   It was in early January 2015, when Florida Marine Transporters, Inc. signed an additional towboat, bringing the total to 63 vessels contracted over the last 10 years. Five of the most recent 90’ inland towboat deliveries to Florida Marine occurred over the past twelve months


Latest Deliveries Complete Ardmore Newbuild Program

Ardmore Chippewa (Photo: Ardmore Shipping Corporation)

Tanker shipper Ardmore takes delivery of 23rd and 24th vessels, completing its initial newbuilding program Ardmore Shipping Corporation has taken delivery of two product and chemical tanker newbuildings, the Ardmore Chippewa and Ardmore Seahawk, signaling the completion of its initial newbuild program. The last of four vessels constructed at the Fukuoka Shipbuilding Co., Ltd shipyard in Nagasaki, Japan, and delivered to Ardmore in 2015, the Ardmore Chippewa is a 25


Hajioannou Takes on Safe Bulkers Newbuilds

Courtesy Safebulkers

Safe Bulkers, Inc. announced today that the Company has agreed to novate an existing newbuild contract for Hull No. S835, a Japanese Panamax class vessel, and sell, upon delivery, Hull No. 1551, a Japanese Kamsarmax class vessel, in each case, to entities owned by Mr


How Does Shipping’s Accumulator Look Now?

Graph: Clarksons Research

 Clarksons Research Analysis examines the cumulative impact of different sectors in shipping industry and how have they fared better or worse at various points along the way.   So how would a vessel delivered into the eye of the financial storm in late 2008 have fared? The Graph


Seaspan Declares Q3 Results

Photo: Seaspan Corporation

 Seaspan Corporation announced its financial results for the three and nine months ended September 30, 2016. Revenue edged up thanks to new additions to its fleet, including the delivery of one newbuild vessel during the quarter.   


New Building Price Dynamics Low On Impact

Graph: Clarksons Research

 Newbuilding prices have fallen fairly consistently since the end of 2014, and this trend has continued in recent months, says Clarksons Research.    Cutting newbuild prices can be an effective way for yards to stimulate new orders, but this is not always the case.   


CSL St-Laurent on Maiden Voyage

CSL Trillium Class Great Lakes bulk carriers

  The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island, China


LEEVAC Launches First PSV for Tidewater

LEEVAC Shipyards launched hull 367 for Tidewater Marine on Tuesday, January 27 (Photo courtesy of LEEVAC Shipyards)

On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV).   Hull 367, the first of a two-vessel newbuild program for Tidewater Marine, is LEEVAC’s first launch in 2015


Diana Shipping Acquires Two More Bulkers

Diana Shipping Inc. announces the acquisition of a Kamsarmax dry bulk vessel as well as a newbuild Capesize dry bulk vessel   Diana Shipping Inc. signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement on to acquire a 2010-built 82


Bahrain: ASRY Moves into New Vessel Construction

ASRY

One of the world's premiere ship repair facilities, ASRY based in Bahrain, unveils its move into new vessel construction. ASRY signed an agreement with the Bahrain Coast Guard to design and construct a new Landing Craft for the transport of vehicles, potable water, and fuel


Höegh LNG - LNG Libra sold

LNG carrier LNG Libra

  Höegh LNG Holdings Ltd. has sold the LNG carrier LNG Libra (built 1979) to a Chinese energy company for around USD 20 million. The Company has received 15% of the purchase price and will receive the remaining 85% by the end of the first quarter 2016


Intermarine Acquires Heavy Lift Ship

web Industrial_Grace.jpg

Project, breakbulk and heavy lift cargo transporter Intermarine, LLC added a heavy lift ship, Industrial Grace, to its fleet. Industrial Grace is a P2 type vessel  - 19,450 dwt super heavylifter with two 700-ton cranes for a combined 1,400 ton lifting capacity.  


Transocean Puts Off Deliveries of Two New Drillships

GSF CR Luigs Ultra-Deepwater Drillship courtesy Transocean

  Transocean Ltd. announced today a mutual agreement with its customer, Shell EP Wells Equipment Wells Services B.V. (Shell), and the shipyard, Daewoo Shipbuilding & Marine Engineering Co. (DSME), to delay the operating and delivery contracts of two newbuild ultra-deepwater drillships -


Transocean 4Q Revenue Up

Henry Goodrich Courtesy Transocean

Transocean Ltd. Reports Fourth Quarter And Full Year 2015 Results:- Revenues were $1.85 billion, up from $1.61 billion in the third quarter of 2015; Operating and maintenance expenses were $794 million, down from $880 million in the prior period; Adjusted net income was $615 million, $1


Eastern Delivers 63rd Towboat for Florida Marine

M/V Lawrence Campbell (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. delivered the M/V Lawrence Campbell (Hull 193) on April 12, 2016, the 63rd 90-foot inland towboat to Florida Marine Transporters, LLC of Mandeville, La., continuing its ongoing newbuild program.   It was in early 2015, when Florida Marine Transporters


Second LNG-powered Cement Carrier Delivered

(Photo: Leif Pape)

Dutch shipbuilder Ferus Smit has delivered the second LNG-powered cement carrier, MV Ireland, to owners JT Cement, a joint venture between Swedish shipping company Erik Thun AB and Norway’s KG Jebsen Cement.   MV Ireland, along with sister vessel MV Greenland delivered in December 2015


PLSV Delivered to TechDof Brasil

Skandi Açu (Photo: DOF Group)

DOF Subsea and Technip announce the delivery of Skandi Açu and commencement of contract with Petrobras   DOF Subsea and Technip, through 50/50 owned affiliate TechDof Brasil AS, have taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu






 
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