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Royal Olympic

Royal Olympic Cruises Cancels Remainder Of Olympic Explorer's Summer Program

Royal Olympic Cruise Lines Inc.announced that it has regretfully been forced to cancel the cruises of its new vessel, Olympic Explorer, for the remainder of the summer season. Although it had been reported that the Company had hoped to commence cruises with the vessel on September 15, it has not been possible to finalize all the discussions with the Blohm+Voss shipyard to allow the necessary technical modifications to be completed by this date. Commenting on the cancellation, Yiannos Pantazis, Royal Olympic's CFO, stated: "It is a real disappointment to us that the ship will not be able to undertake any cruises during the summer season, but we hope to have the vessel ready to commence operations for the next season. The Company said that all passengers booked on Olympic Explorer from September 15 would be offered alternative cruises on other ships of the Company. - (Reuters)

Royal Olympic Considering Proposals

Royal Olympic Cruises Lines stated that a special committee of its outside directors has been considering proposals and alliances involving the company and/or its majority shareholder, ROC Holdings. Consisting of Bobby Melnick, Michael Jolliffe and Nicholas Pisaris, the committee is considering proposals such as a sale of a controlling interest in ROC Holdings that would not involve an offer to purchase the company's publicly held shares

Mechanical Problems, Late Deliveries Continue to Plague Industry

A stagnant economy, threat of overcapacity and canceled cruises due to repairs and late deliveries have conspired to slow the hyper-growth cruise industry has enjoyed for the past decade. Even last year's new Millennium, which burst onto the cruise scene with its new gas turbine propulsion, had its share of troubles. Despite unparalleled reassurance by Celebrity that Millennium's propulsion problem was remedied, Infinity, its sistership, which was delivered this past Spring

Olympia Explorer Christened in Piraeus

Royal Olympic Cruise Lines Inc. announced that its new cruise ship, Olympia Explorer, was christened at the Port of Piraeus on Friday, June 7, 2002. Vangelis Papathanassiou, the internationally renowned composer and 1982 Oscar winner for his film score for "Chariots of Fire," was the vessel's godfather, assisted by Katerina Potamianos and Marisa Loizou, the daughters of Andreas Potamianos and Costakis Loizou, Royal Olympic's two main shareholders

Royal Olympic Cruises Files For Chapter 11 for Two Ship Owning Companies

Royal Olympic Cruise Lines, Inc., announced today that two out of its eight shipowning companies, Olympic World Cruises, Inc., the owner of the vessel Olympia Voyager, and Royal World Cruises, Inc. the owner of the vessel Olympia Explorer, have filed for reorganization under Chapter 11 of the United States bankruptcy code. The company has been in discussion with the lenders to these subsidiaries regarding a potential restructuring of $250

Royal Olympic Announces Third Quarter Results

Royal Olympic Cruise Lines Inc., reported that third quarter net revenues increased by 11.3 percent to $57.1 million compared to the same period last year. For the nine months ended August 31, 2001, revenues increased by 17.6 percent to $102.6 million compared to $87.3 million during the same period in 2000. The growth in revenues in the third quarter is attributable to an improved summer cruise season and the introduction of Seawing, which contributed $8 million.

Aker Yards to build PSV for Olympic

Aker Yards signed a contract worth approximately $22.8 million with Olympic Shipping to build a Platform Supply Vessel of the MT 6009 design. Delivery is scheduled for December 2006. "We are pleased to have received another newbuilding order from Olympic Shipping," said Roy Reite, in charge of Aker Yards' Offshore & Specialized Vessels business area. "This contract confirms our long and good relationship with Olympic Shipping

London Olympics – UK Warship Takes Station

Photo creditHMS Ocean: Photo credit Wiki CCL Graham Richardson

The Royal Navy's Assault Landing Ship, HMS Ocean, sails up the River Thames in preparation for forthcoming Olymics HMS Ocean will berth at Greenwich in east London where she will act as a launch pad for eight Lynx helicopters and a base for Royal Marine snipers in the the final phase of the exercise 'Olympic Guardian', which began earlier this week in Weymouth and in the airspace over the capital. During the Games the ship will also accommodate 300 military personnel who are providing

Kleven Delivers Construction Vessel to Olympic Shipping

Olympic Bibby (Photo courtesy of Kleven)

Offshore construction vessel Olympic Bibby, build no. 371 from Kleven Verft, has been delivered to Norwegian shipowner Olympic Shipping.   The vessel has a long term charter with Bibby Offshore, and its first job will be on the British sector of the North Sea.    The naming ceremony was held in Olympic’s home harbor Fosnavåg April 9. The vessel is 87.5 m long and 19 m wide, making the entrance to the narrow harbor (22 m wide) a spectacular sight, the builder noted

Kleven Delivers to Olympic Shipping

Photo: Martin Hauge Nilsen

Offshore construction vessel Olympic Bibby, build no. 371 from Kleven Verft, has been delivered to Norwegian shipowner Olympic Shipping. The vessel has a long term charter with Bibby Offshore, and its first job will be on the British sector of the North Sea.  The naming ceremony was held in Olympic’s home harbor Fosnavåg April 9. The vessel measures 87.5  x 19m, making the entrance to the narrow harbor (22m wide) a spectacular sight

Australia Maritime Museum Calls ‘Action Stations’

Artists impression of the Immersive Cinema Experience: drama, danger and suspense on the big screen with a pumping soundtrack to set the scene. (Image: Australian National Maritime Museum)

The Australian National Maritime Museum’s new “Action Stations” attraction officially opened in Darling Harbour, Sydney, on Sunday, offering guests a uniquely dynamic “Immersive Cinema Experience”.   The $12 million (AUD ) Action Stations attraction

Royal HaskoningDHV Opens Office in Ho Chi Minh City

Royal HaskoningDHV celebrates its news office in Ho Chi Minh City and 30 years of operations in Vietnam. Courtesy Royal HaskoningDHV

  International engineering and project management consultancy Royal HaskoningDHV has celebrated the opening of its new office in Vietnam in a ceremony which also marked 30 years of operations in the country. The event was attended by Mr Simon van der Burg

GE Partners for Royal Navy Business

GE announce its partnership with VolkerStevin Ltd. to provide technical solutions to the Defense Infrastructure Organization (DIO) for the Royal Navy. Through this partnership, GE is set to design, manufacture and commission a Rotary Frequency Converter (RFC) which enables efficient

British Forces Assist Stricken Cruise Liner

Military assets deployed in support of Falkland Island government in cruise ship rescue. In support of the Falkland Island Government, British forces based in the Falkland Islands yesterday responded to a distress call by the 10,000 tonne cruise ship ‘Le Boreal’

Besselink of Royal HaskoningDHV Quits

Piet W. Besselink

  Mr Piet Besselink, Executive Board Member of international engineering and project management consultancy Royal HaskoningDHV, has decided to step down by the end of the year. This change was announced by the company’s Supervisory Board.  

Steel Cut on UK Navy’s Newest Warship

Image: BAE Systems

Construction has begun on a new warship for the U.K. Royal Navy as the Minister of State for Defense Procurement, Philip Dunne MP cut the first steel in Glasgow today.   HMS Trent is the third of three River Class Batch 2 Offshore Patrol Vessel (OPV) designed and constructed by BAE Systems

Servowatch IPMS Completes FATs for UK Navy

A BAE Systems Surface Ships Offshore Patrol Vessel for the U.K. Royal Navy (Image: Servowatch)

The fully integrated platform management system Servowatch designed and built for three new offshore patrol vessels for the U.K. Royal Navy has completed BAE Systems’ Factory Acceptance Tests (FAT).   Servowatch, the supplier of advanced integrated ship control systems

HMS Protector Deployed to Antarctic

The sea contains valuable fish stocks and Protector will help to ensure fishing vessels comply with the strict environmental rules

  Ice ship HMS Protector is heading for waters no Royal Navy vessel has visited in 80 years as she begins a marathon deployment to Antarctica. The Plymouth-based icebreaker and survey vessel will ensure the world’s fishermen are not stripping the largely-unspoiled waters of the Ross

NSSLGlobal Trials Wi-Fi with British Royal Navy

Satellite communications provider NSSLGlobal announced the trial of its Wi-Fi service across selected British Royal Navy and Royal Fleet Auxiliary ships. The service, based on NSSLGlobal’s proven technology for the commercial shipping sector, but modified for the Royal Navy will

PALFINGER NED-DECK Wins Order frome Malaysian Navy


PALFINGER NED-DECK announced the receipt of a few million dollar order from Boustead Naval Shipyard for the Royal Malaysian Navy to deliver 12 aluminum davits within the next 10 years for six Littoral Combat Ships (LCS) which will be built in Lumut, Malaysia.

Austal launches HSSV for Oman Navy

Hull 390 High Speed Support Vessel

Austal has launched the first of two 72m High Speed Support Vessels (HSSV’s) being built for the Royal Navy of Oman (RNO), yesterday. Hull 390 - the future RNOV Al Mubshir - was successfully launched after 13 months of construction and fitout at the company’s Henderson

Fire Strikes Splendour of the Seas

Splendour of the Seas. Photo by Royal Caribbean International

 Royal Caribbean's Splendour of the seas experience a fire in one of its engine rooms, but luckily the incident was contained with minor injuries and no apparent damage to the ship.   Royal Caribbean says: "The fire was contained and extinguished, with all systems functioning

No Cruise Ship Tendering In Cayman Islands

Image: Royal Caribbean Cruises

 Moses Kirkconnell, the Cayman Islands’ minister of tourism said that future off-shore tendering of cruise ships is out of the question in lieu of building a $150 million cruise pier and terminal in the Cayman Islands.   Given that in 2014 approximately 82% of Cayman’s

UK Defense Minister Checks in on Navy’s New Engines

Left to right: Robert Pollock, Bob Troop, Defence Minister Philip Dunne, Derek Bate (Photo: James Troop)

Defense minister visits Merseyside's James Troop to examine minehunter engine deal    Defense minister Philip Dunne has visited Liverpool City Region U.K. based ship engine specialist James Troop & Co Thursday to review progress of a £2 million deal to replace the generator

Sydney farewells Namesake RAN Ship

Farewell to HMAS Sydney

  Australia has farewelled a Royal Australian Navy ship that has served the country for over three decades in a ceremony today on Sydney Harbour.   The Governor-General, His Excellency General the Honourable Sir Peter Cosgrove, AK MC (Retd), together with the Minister for Defence

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