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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


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


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 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.


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


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


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


Oman Drydocks Handls 300th Vessel

Image: Oman Drydock Company

 The Oman Drydock Company has celebrated the handing over of the 300th vessel since starting its operations in 2011, under the auspices of Said bin Hamdoon al Harthy, Undersecretary of the Ministry of Transport and Communications for Ports and Marine Affairs.  The vessel, Olympic Luck, which was delivered yesterday (Jan 21) was converted from a multipurpose vessel to an oil tanker, a milestone achievement and an important project for Oman Drydock Company


Delta SubSea Adds New Vessel

 Delta SubSea has entered into an agreement with Norwegian company Olympic Shipping AS for the Olympic Delta, a newly built Multipurpose Subsea Support & Construction Vessel.   The Olympic Delta is a 94m-long green-friendly vessel designed for greatly reduced fuel consumption and


Delta SubSea Secures New Build Olympic Delta

Image: Delta SubSea

    Delta SubSea, LLC has entered into an agreement with Olympic Shipping AS for the Olympic Delta, a newly built multipurpose subsea support and construction vessel. The Olympic Delta is a GREEN Vessel designed according to DNV class, with high focus on reduced fuel consumption


HMAS Newcastle On Middle East Patrols

HMAS Newcastle (Royal Australian Navy photo by Brenton Freind)

Royal Australian Navy frigate HMAS Newcastle has arrived in the Middle East Region and has commenced her first patrol as part of Operation MANITOU after officially joining the operation on May 1, 2015.   Newcastle departed for her first patrol as part of a six-month rotation that will see


Wärtsilä's' Scrubber Systems for Dutch RoRo Vessels

The Bothniaborg is one of the two Royal Wagenborg vessels to be fitted with Wärtsilä scrubber systems.

  Royal Wagenborg, the Dutch ship owner and operator, has ordered Wärtsilä scrubber systems to clean the exhaust emissions from two of its RoRo carriers, the 'Balticborg' and 'Bothniaborg'. These will be Wärtsilä's first deliveries of its scrubber systems to Royal


Another Megaship to Join Royal Caribbean Cruise Fleet

Anthem of the Seas passes newly enhanced Explorer of the Seas as she departs on her maiden voyage from Southampton, UK. Photo: Royal Caribbean Cruises Ltd

 Royal Caribbean has ordered a fourth ship for its Quantum Class family of ships from Meyer Werft. The ship will be delivered in 2019.   With two Quantum-class vessels already delivered and a third under construction, Royal Caribbean Cruises on Thursday announced plans to order a fourth


Recent Vessel Sales: April 2015

Vessel sales for April 2015 - (as of May 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 4/14 - CENTURY PEARL - 16,383 - 08 - (7) - $6.8


Port of Seattle’s Cruise Season Underway

Photo: Port of Seattle

The Port of Seattle’s 2015 cruise season began May 1 at Smith Cove Cruise Terminal with the arrival of the Holland America Line Westerdam. The port expects 192 cruise ship calls this season, bringing an estimated 895,055 revenue passengers.  


Northrop Grumman Navigation Systems for Canadian Navy

NORTHROP-GRUMMAN logo.jpg

Northrop Grumman Corporation's Sperry Marine business unit has been selected to design and supply gyrocompass navigation systems for 12  Kingston Class coastal defence vessels for the Royal Canadian Navy, as a subcontractor to SNC-Lavalin Defence Programs Inc.


Royal IHC Congratulates the King in a Special Way

The SEVEN SUN brings a Royal salute to the Royal couple.

  Royal IHC is very honored to be part of the program on the King’s Birthday. Among other activities, the King and his family will be viewing a ‘Grande Maritime Parade’ in Dordrecht. The last ship in this spectacular show is the offshore vessel SEVEN SUN which was built by


Anthem of The Seas Christened in Southampton

Anthem of the Seas. Photo by Royal Caribbean

 Royal Caribbean's newest ship, Anthem of the Seas, was named in Southampton, U.K.,  in a spectacular ceremony.   U.K. travel agent godmother  Emma Wilby named the 4,180-passenger ship with the words: "I name this ship Anthem of the Seas


New Bibby Offshore Vessel Christened

Olympic Bibby (Photo: Bibby Offshore)

On Thursday, April 9, the official naming ceremony took place for inspection repair and maintenance (IRM) light construction vessel Olympic Bibby, at the Kleven Shipyard, Norway.   The ceremony saw the vessel’s official Godmother Connie Brown


Anthem of the Seas Officially Delivered to RCL

 Royal Caribbean’s 2nd Quantum Class cruise ship, Anthem of the Seas, was officially delivered to the cruise line by Meyer Werft in a signing ceremony in Bremerhaven, Germany.   Royal Caribbean Cruises chairman and CEO Richard Fain officially received the 16-deck-high vessel from


Anthem of the Seas Delivered to Royal Caribbean

Anthem of the Seas (Image: Royal Caribbean)

Royal Caribbean International took delivery of its 23rd ship, Anthem of the Seas.   Royal Caribbean Cruises Ltd.’s Chairman and CEO Richard D. Fain officially received the new ship from Meyer Werft Yard’s Managing Partner Bernard Meyer in a signing ceremony held in Bremerhaven


Bridge Layout Approved for Oman Navy Newbuilds

Rear Admiral Abdullah Khamis Al Raisi and Ben Wardle signing Bridge Mock-up Review and Approval Certificates (Photo: Austal)

The bridge layout for two 72-meter high speed support vessels (HSSVs) for the Royal Navy of Oman has been formally approved during a ceremony held at Austal Australia’s shipyard in Henderson, Western Australia, the shipbuilder announced.  


Malaysian Submarine Maintenance Contract to Boustead DCNS

Image: DCNS Naval Corporation

 The Malaysian government has signed a new contract with Boustead DCNS Naval Corporation (BDNC) for through-life support for the two 2000 type Scorpene submarines of the Royal Malaysian Navy, based at Kota Kinabalu, Sabah.   






 
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