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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


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


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


Wagenborg's Acquired Vessels Undergoing Paint Job

From left to right: Leuveborg, Ziltborg (ex Vechtdiep) and Zaanborg (ex Vliediep). Photo: Royal Wagenborg

 Ziltborg and Zaanborg, the third and the fourth of seven general cargo vessels acquired by Dutch shipowner and operator Royal Wagenborg earlier this year, are currently undergoing a paint job at Royal Niestern Sander shipyard in the Netherlands.  


Fourth Submarine in UK’s Astute Class Named

Photo: BAE Systems

The fourth submarine in the Astute class was officially named Audacious during a December 16 ceremony at builder BAE Systems’ Submarines site in Barrow-in-Furness, Cumbria.   Guests watched as Lady Jones, Audacious' sponsor and wife of Admiral Sir Phillip Jones


Royal HaskoningDHV Appoints Two Corporate Directors

Jasper de Wit (left) and Abhishek Kaushal (right). Photo Royal HaskoningDHV

Royal HaskoningDHV appoints two new leaders at Corporate level for Finance & Control and Global HR Services: Jasper de Wit has been named Corporate Director Finance & Control per January 1, 2017, and Abhishek Kaushal has been appointed to lead Global HR Services per December 12, 2016


Royal Arctic Line Integrates Navis N4 to Modernize Operations

Navis and Royal Arctic Line Denmark (RAL) announced that the terminal has gone live with the Navis N4 terminal system. Lacking key features in its legacy system with multiple disparate systems in place to support complex operations, RAL sought out Navis’ expertise to help align and


Singapore to Adopt Dutch Polder Concept for Reclamation

The new polder that will be developed at Pulau Tekong, one of Singapore’s largest islands.  Photo Royal HaskoningDHV

Singapore has announced it will build a polder designed by Royal HaskoningDHV with local partner Surbana Jurong that will add 810ha to Pulau Tekong, one of Singapore’s largest islands. Traditionally, sand has been used to fill the area to be reclaimed above sea level


UK Royal Navy Contracts SEA for Sonar Support

(Photo: SEA/USASS)

Cohort plc company SEA won a contract by the UK Ministry of Defense (UK MoD) to provide support to a range of UK Royal Navy acoustic and sonar underwater systems fitted to the surface and sub-surface fleets. The two year deal to deliver the MoD Underwater Systems Architecture Advisory Service


Royal IHC Signs Contract with Shanghai Salvage

550t Reel Lay system for Shanghai Salvage (Photo: Royal IHC)

Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system. This will be the first Reel lay system in the Chinese market and will be one of the largest and most sophisticated Reel lay systems worldwide.


Australian Navy Frigate on Task in Kaikoura

Guided Missile Frigate HMAS Darwin approaches Underway Replenishment Tanker HMNZS Endeavour to conduct a Replenishment at Sea. Photo: Royal Australian Navy

 Royal Australian Navy frigate HMAS Darwin has sailed to Kaikoura to provide humanitarian and disaster relief support at the request of the New Zealand government.   Darwin is using her embarked S-70B-2 Seahawk helicopter for the evacuation of civilians and the distribution of


Cruiseport Boston Closes Out 2016 Cruise Season

Anthem of the Seas (Photo: Royal Caribbean International)

As Cruiseport Boston closes out its successful 2016 season, 2017 is already shaping up to be a record year with 151 calls scheduled for next cruise season. The 2016 season saw 115 calls by a record 32 unique ships with ten maiden calls to the port


Dalstra Appointed CFO, Royal HaskoningDHV

Nynke Dalstra, Photo Royal HaskoningDHV

The Supervisory Board of Royal HaskoningDHV has appointed Nynke Dalstra as Chief Financial Officer (CFO). Going forwards, the Executive Board consists of CEO Erik Oostwegel and Nynke Dalstra (47) as CFO, a role she has held on an interim basis since October following the departure of former CFO


Unexploded WWII Bomb Halts Ferries in Portsmouth Harbour

An unexploded World War Two bomb was found in Portsmouth Harbour on England's southern coast on Wednesday, halting traffic of cross-channel ferries at the port. The 500 lb bomb was discovered by a barge dredging the harbour ahead of the arrival of HMS Queen Elizabeth - the Royal Navy's new 65


Hawes Joins TMG

Kevin Hawes  (Photo: TMG)

Kevin Hawes has started at  Seattle-based maritime services company and consultancy The Maritime Group (TMG) International Ltd., as Business Development Manager and Senior Consultant. Based at TMG’s London office at Victoria Embankment


DEME, Royal IHC win DPC Innovation Award

LNG powered hopper Minerva under construction in Kinderdijk Photo Royal IHC

On November 10, DEME and Royal IHC have been awarded a DPC Innovation Award for the world’s first liquefied natural gas (LNG)-powered Trailing Suction Hopper Dredgers (TSHD). The DPC Innovation Awards consisted of 13 categories looking at the most innovative and forward-thinking projects


Foreign Navies Descend on Sydney

Photo:  Royal Australian Navy

 Six ships from four navies arrived at Garden Island, Sydney in early November, creating a buzz on the harbour.   The visits came ahead of the Royal New Zealand International Naval Review, which will take place in Auckland later this month.    


Bibby Offshore Wins Shell Subsea Deal

Barry Macleod, managing director Photo Bibby Offshore

Bibby Offshore, the leading subsea services provider to the oil and gas industry, has this year been awarded two contracts from Shell to provide inspection services on assets in the Corrib Natural Gas field in the North Atlantic Ocean.  






 
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