TOP Tankers has taken delivery of the M/T Errorless, a 147,048 DWT tanker, built in 1994 by Harland & Wolff Heavy Industries Ltd, of the United Kingdom. The vessel has been financed with the Company's cash reserves and secured bank debt. The M/T Errorless is the third of four Suezmax deliveries for the fourth quarter of 2005, with the remaining vessel expected by the beginning of December 2005. The Errorless has been chartered for a spot voyage at a TCE rate of approximately $70,000 per day.
TOP Tankers Inc. took delivery of M/T Stormless, a 150,038 DWT double-hull Suezmax tanker, built in 1993 by Mitsui Engineering & Shipbuilding Co. Ltd of Japan. The M/T Stormless is the first of four Suezmax deliveries expected in the fourth quarter of 2005 and has been financed with the Company's cash reserves and secured bank credit lines. The vessel will be deployed in the spot market, which currently averages approximately $60,000 per day.
Star Bulk Carriers Corp. announced that it has taken delivery of the M/V Star Kappa (ex E Duckling), a Supramax vessel of 52,055 dwt built in 2001 in Japan. Star Kappa is an addition to the initial fleet, was acquired for USD 72 million and is the third vessel to be delivered to the Company following the completion of the Redomiciliation Merger. Star Kappa has a Time Charter employment contract at a gross daily rate of USD 47,800 with earliest expiration date of September 23, 2010.
DryShips Inc. has taken delivery of m.v. Hille Oldendorff a 2005 built, 55,566 deadweight ton, or dwt, handymax drybulk carrier which it acquired recently. m.v. "Hille Oldendorff" comes with a bareboat charter at $19,745 per day, net of commissions, until March 2007.
U.K. based software house Marine Software Limited has delivered Marine Purchasing Systems for Windows to Midocean ( IOM ) Ltd, for the Saint Roch, Rosa Delmas and the Ursula Delmas. Midocean manages these vessels on behalf of the Delmas group. This delivery comes after successful evaluation of an initial test ship to ensure that Midocean’s demanding purchasing requirements were met. This brings the total delivered to four out of the seventeen managed.
TBS International Limited has taken delivery of the M.V. Mohave Maiden, formerly known as the M.V. Diasozousa, an acquisition it had announced in October 2007. The M.V. Mohave Maiden is a 1984 built, 28,074 dwt handysize bulk carrier that the Company agreed to acquire charter free for $26.0 million. With this delivery, TBS' currently fleet consists 40 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of two multipurpose tweendeckers (the M.V
Greatship’s subsidiary takes delivery of a mobile offshore self elevating drilling rig, Le Tourneau Super 116(E) – ‘Greatdrill Chaaya’. Greatship Global Energy Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a mobile offshore self elevating drilling rig
TBS International Limited announced that it has taken delivery of its the M.V. Arapaho Belle, formerly the M.V. Elsa Oldendorff, an acquisition that it had announced in July 2007. The M.V. Arapaho Belle is a 1998 built, 24,021 dwt handysize bulk carrier the Company agreed to acquire charter free for $29m. With the delivery of the M.V. Arapaho Belle, TBS' current fleet consists of 36 multipurpose, handymax and handysize vessels
Diana Shipping Inc. has taken delivery today of a newbuilding Panamax dry bulk carrier, the Coronis, from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., Shanghai China. The Coronis is a Panamax dry bulk carrier of 74,381 dwt. With the delivery of the Coronis, Diana Shipping has increased its fleet to thirteen vessels (twelve Panamax dry bulk carriers and one Capesize dry bulk carrier). With the delivery of this vessel the Diana Shipping fleet will have a combined carrying capacity of
Quintana Maritime Limited took delivery of Iron Miner, a newbuilding Capesize bulk carrier of 177,000 deadweight tons (dwt) from Shanghai Waigaoqiao Shipbuilding Co., a Capesize specialist yard in China. As previously announced the purchase price of the vessel is approximately $92.5 million and has been funded with borrowings under its credit facility and cash on hand, including from the proceeds from the exercise of warrants
Algoma Central Corporation announces the arrival in Canada and the christening of its second Equinox Class bulk cargo vessel, the 'Algoma Harvester'. The christening took place at Pier 26 South in Hamilton Harbour before an audience that included local dignitaries and members of the marine industry
Nordic American Tankers Limited (NAT) took delivery of its 21st Suezmax vessel, the Nordic Sprinter, built in 2005 at a shipyard in Korea. NAT agreed to purchase the vessel along with its sistership for $36.5 million each. NAT expects the delivery of the second vessel in early August 2014
An upcoming river lock repair project in south Chicago has attracted the attention of exchange operator CME Group because the lock's closure could disrupt deliveries against its Chicago Board of Trade grain and soybean futures contracts. The U.S
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 1994-built Very Large Gas Carrier (VLGC) “Jag Vishnu” [49,300 dwt (73,800 cbm)] on 8th July 2014. Last week G E Shipping had signed a contract to sell a VLGC
Fugro Proteus the first of three vessels to be delivered to Fugro in 2014. Fugro has taken delivery of the first of three Fugro Offshore Coastal Survey Vessels (FOCSV) being built by Damen. The first of a new class, the Fugro Proteus is a compact
Fugro has taken delivery today of the first of three Fugro Offshore Coastal Survey Vessels (FOCSV) being built by Damen. The first of a new class, the Fugro Proteusis a compact, surveyship capable of undertaking a wide range of survey, monitoring and inspection operations.
Dutch company Offshore Wind Services (OWS), specialists in the provision of crew transfer vessels to the offshore wind industry have ordered a Damen FCS 2008. This is the company’s second vessel ordered from Damen this year. Damen Shipyard Den Helder in the Netherlands will meet the
Scorpio Tankers inform of a new $150 million stock buyback program; initial purchasers' exercise of their option to purchase additional $60 million in convertible senior notes due 2019, and newbuilding vessel deliveries. Main points follow: New $150 Million Stock Buyback Program
Marking another order for Deltamarin’s B.Delta37, the first Chinese shipowner COSCO has ordered four 40,000 DWT Handymax bulk carriers at Tianjin Xingang shipyard in China. In addition to the latest COSCO order, 16 B.Delta37 vessels had previously been ordered at the Tianjin Xingang
Bollinger Shipyards, Inc. has delivered the Raymond Evans, the 10th Fast Response Cutter (FRC) to the United States Coast Guard (USCG). The announcement was made by Bollinger President, Chris Bollinger: “We are extremely proud to announce the delivery of the Raymond Evans
Newly designed Damen ASD Tug 2810 Hybrid presented at ITS, Hamburg Iskes Towage & Salvage took delivery of the Bernardus, the first Damen ASD 2810 Hybrid, Damen announced in a press release today, stating the delivery represents a turning point for the tug industry as operators and port
Scorpio Tankers Inc. gives details of its agreement to acquire some of its own common shares; to buy back stock; and also sets out a fleet update. Scorpio Tankers Inc. says it has entered into an agreement to purchase from an existing shareholder 7,500
NYK says it has taken delivery of the new high-tech pure car carrier (PCC), 'Aries Leader', built by Shin Kurushima Dockyard Co. Ltd. With a capacity of 7,000 units, the new carrier includes the latest energy-saving technology including a hull air-lubrication system and a hybrid turbocharger
The Canadian Lifeboat Institution (CLI) has taken delivery of a Tyne-class lifeboat from UK's RNLI and renamed the rescue vessel 'Fraser Lifeboat', informs the Chamber of Shipping of British Columbia. The Fraser Lifeboat originally entered service in 1987 as Famous Grouse for the Royal National
Over the past decade Blessey Marine has coasted on a growth curve taking delivery of a large number of Cummins-powered pushboats for their inland fleet. The vessels are sized to share a common versatility with the draft and horsepower to work both the shallower waters of the Intracoastal