Sentinel Marine orders four multi-role offshore support Emergency Response and Rescue Vessels ERRV’s from Nam Cheong. The new vessels will feature Dynamic Positioning systems, redundancy of propulsion and thruster systems, cargo carrying capabilities and advanced rescue and recovery equipment. Designed to work in the North Sea; one of the harshest environments in the world, particular attention has been placed on sea-keeping, crew comfort and fuel efficiency. The vessels will deliver through Q3&Q4 2014 and there are options for a further four vessels included in the contract. With offices in Aberdeen, Scotland, and Singapore, Sentinel Marine presently has 2 AHTS and 5 PSV’s on order in addition to this latest order.
Hanjin Heavy Industries won orders totaling $294 million to build 10 ships for a Dutch firm, a German firm and one other European company. Hanjin Heavy said in a statement that Dutch firm Vroon B.V. ordered two 1,600 teu containerships and two 30,000 dwt chemical ships, worth a total of $96 million. It said Germany's Rickmers Reederei GmbH & Cie KG had ordered four 1,200-teu containerships worth $78 million and one other European company had ordered two 5
Grimaldi Group Naples, through its companies Industria Armamento Meridionale (INARME) and Grimaldi Compagnia di Navigazione (GRINAVI) has ordered four ships from Fincantieri, with an option for a further two. The overall value of the order, excluding options, is approximately 360 million Euros. INARME has ordered two cruise ferries for delivery in 2007 and GRINAVI two RoRo-pax ships, i.e. vessels to transport passengers, trailers and vehicles, for delivery in 2008
Malaysian International Shipping Corp. is fortifying its position in the fast growing market for the carriage of Liquefied Natural Gas (LNG), today reportedly converting an option for two liquefied natural gas ships into firm orders, bringing total oustanding orders to six. MISC is already one of the world's largest LNG tanker operators, and it also also plans to buy four 6,800-TEU, post-Panamax containerships for delivery in 2002-2003.
Becker delivered an eight-meter-diameter version of its prime energy saver for VLCC Becker Marine Systems has delivered the largest Becker Mewis Duct ever made with a diameter of 8.10 m for the construction of Very Large Crude Oil Carriers (VLCC) at Hyundai Samho Heavy Industries for Samco Shipholding, Singapore. Initial sea trials of the new VLCC with a length of 319.0 m have proven once more the excellent rate of power savings provided by the Becker Mewis Duct
Reuters - Loss-making France-Corsica ferry operator SNCM, which is partly owned by French water and waste group Veolia Environnement, plans to order four new ships, an SNCM spokesman said on Friday. The spokesman said the board had approved deals for four new ferries, two of them firm orders and two of them purchase options, to renew the fleet as part of a restructuring plan for the firm. He did not provide details on the vote or explain how the ferry operator plans to finance the
Costamare Shipping CO S.A., ordered four additional Admiral ECS for its Maersk Tokyo, Maersk Toba and 2 other vessels. This is the second time Costamare has purchased the Admiral system for its ships. In December 2006 the company ordered three for the MSC Sicily, MSC Tuscany and Sophia Britannia. Admiral ECS (Electronic Chart System) is installed in 140 vessels globally, ranging from 300,000 ton supertankers to 515 foot superyachts
Following a record result in the first nine months of 2010 and its successful refinancing on the capital market, Hapag-Lloyd is again investing in future growth. Hapag-Lloyd ordered four large vessels with a capacity for 13,200 standard containers (TEU) each from the Korean shipbuilding company Hyundai Heavy Industries today. It was also agreed that the six new vessels ordered in the beginning of 2008 should be upgraded to the same capacity
Shipping Corporation of India accepts delivery anchor handling, towing and supply vessel from Bharati Shipyard The Shipping Corporation of India Ltd. (SCI) has accepted delivery of the 80 T bollard pull OSV “M.V. SCI Mukta”. SCI had signed contracts for acquisition of four newbuilding with Bharati Shipyard Limited, India. The first two vessels, “m.v. SCI Panna” and “m.v. SCI Ratna” were delivered to SCI last year
MacGregor, part of Cargotec, has won a contract to deliver four 250-metric-ton heavy-lift electric cranes to two 12,000 dwt multipurpose vessels (MPVs) for a Danish operator Nordana. As part of a fleet refurbishment plan, the long-established Danish operator, Nordana, ordered four heavy-lift versions of MacGregor's variable frequency drive (VFD) electric cranes which are scheduled for delivery during 2014 and 2015.
For decades, Vulkan has been a supplier of couplings, not only for Brazilian offshore industry, but also for military applications. Here business mainly focused on conventional drives such as diesel-electric systems for military ships and submarines
China shipyards as usual again figure prominently in the weekly round-up of contracts placed in an active market for ocean shipping set out in the latest Clarkson Hellas S+P Weekly Bulletin as follows: Dry bulk carriers Sinotrans Shipping have signed contracts for two firm 78
Teekay Offshore Partners say they have agreed to acquire ALP Maritime Services B.V. (ALP), a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. Details as follows:
Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) has won two orders worth a total of US$640-million to build eight very large gas carriers (VLGCs) for two unidentified Asia-based firms reports Reuters. The South Korean shipbuilder said in a statement both firms had ordered four gas
Despite the charter market continuing to support only modest returns, the newbuilding market has maintained strength on the back of historically low pricing levels, reports Clarkson Hellas S+P as follows: Dry bulk carriers The focus this week being on the Ultramax and Handysize sectors
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the second quarter and first half of 2013. Net profit for the second quarter of 2013 was $0.8 million compared to a loss of $4
The flood of interest in ordering new container vessels is motivated by other factors than supply and demand. The recent surge in new vessel orders at a time of industry-wide overcapacity suggests that market fundamentals are no longer the main driver
Odfjell signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd for construction of four LPG/Ethylene gas carriers of 17,000 cbm. During the last years this shipyard has delivered several gas carriers, and is regarded to have one of the very few construction
Hyundai Heavy Industries (HHI) won a $850 million order to build four 150,000 m3 Moss type LNG carriers from Malaysian oil company Petroliam Nasional Bhd (Petronas). The contract also includes an option exercisable by the owner to order four additional same class LNG carriers
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine (UST) plants to be installed in four LNG (liquefied
Four new ACL Vessels to Enter Service between 2015 & 2017 and to Operate on U.S. Rivers American Cruise Lines announced plans to build four new riverboats for American river cruising, and noted that construction has already begun on the first two ships
Another week of ordering across the sizes in the dry bulk market, say Clarkson Hellas in their latest S+P Weekly Bulletin, with orders to report from Ultramax up to Capesizes vessels. Large-size bulk carriers Beihai are understood to have taken an order for one firm plus one option 250
Japan's Kawasaki Kisen Kaisha, Ltd. (K Line) says it has ordered four additional new next- generation pure car carrier (PCC) vessels from Japan Marine United Corporationon, on top of its recent identical 4-vessel shipbuilding contract placed with Shin Kurushima Dockyard Co.
COSCO Group has ordered 4 Very Large Crude Carriers (VLCC) from China Shipbuilding Industry Corporation (CSIC). The ceremony was attended by Chairman Ma Zehua, President Li Yunpeng, Chief Financial Officer Sun Yueying, and Executive Vice President Ye Weilong of COSCO Group
Container ship newbuildings figure most active in the latest weekly news from Clarkson Hellas, with the majority of orders placed with China and Korea shipbuilders. Dry bulk carriers Clients of Diana Shipping reports Clarkson Hellas in its Weekly Bulletin have announced a further order for one 82