Odfjell has entered into an agreement to sell the two sister ships M/T Bow Giovanni (11,290 dwt./built 1987) and M/T Bow Marino (11,289/1988) for an aggregate of USD 12 million. The sales price is slightly above the book value for the two ships. The two ships were acquired in connection with the merger with Seachem in 2000 are have primarily been operating in our regional trade, both in Americas and in Asia. Odfjell expects that the ships will be delivered to their new owner by the end of November 2004.
Kvaerner Masa Yards won a $1.09 billion contract to build two ships for Royal Caribbean Cruises (RCL). The Eagle-type cruise ships are scheduled to be ready for delivery in 2002 and 2003. "The intentional agreement has been signed under the conditions that the yard can finance construction of the ships," Kvaerner said. "Even though Kvaerner has decided to pull out of shipbuilding and concentrate its operations in other fields -- and the process to find a new ownership structure for Kvaerner
Holland America Line has hired Italian shipbuilder Fincantieri Cantieri Navali SpA to build two new 84,000-ton cruise ships for about $400 million each. The ships are expected to sail in the fall of 2002 and summer of 2003, and Holland America has reserved the right to order up to three sister ships for delivery from 2003 to 2005. The 1,800-passenger vessels will feature exterior elevators that provide guests with panoramic sea views, large cabins, art collections
The Viet Nam Shipbuilding Industry Corporation (VINASHIN) signed a contract to build two 56,200-tonne cargo ships for its Japanese partners in Ha Noi on April 21. These two ships are the first among 15 56,000-tonne cargo ships that will be built by VINASHIN under the contracts with the Japanese partners' supervision. The first cargo ship is expected to be handed over in December 2008, and the other will be completed in May 2009. (Source: Viet Nam News Agency)
Disney and Meyer Werft have signed the contract for the two new cruise ships. The ship will have the yard numbers S. 687 and S. 688 and will have a tonnage of 124,000 gt. They are scheduled for delivery in 2011 and 2012. Each ship will have a length overall of 339.8 m, a breadth of 37 m, and a cabin capacity of 1,250. Source: Shipping Times
Construction and engineering firm Larsen & Toubro Ltd (L&T) Thursday bagged a $94.95m shipbuilding contract from BigLift Shipping of the Netherlands. L&T said that it would construct two ships for the Dutch company at the shipyard in its engineering complex at Hazira in Gujarat. L&T, which had forayed into shipbuilding last year, currently builds ships with a displacement of up to 20,000 deadweight MT (DWMT) and also plans to construct a shipbuilding yard for bigger vessels. Source: IANS
Shipowners choosing MeasureMate have achieved savings in external steel condition assessment. Such was the case during recent class renewals of the world's largest ULCCs: Jahre Viking and Jahre Pollux. "We estimate the combined savings of these two ships alone to be around $600,000," said Jann Terje Anderssen, R&D manager, Red Band.
Thordon Bearings Inc. of Canada recently received orders for environmentally friendly Thor-Lube sealed stern tube bearing systems for three LNG carrier newbuild projects in Korea and Japan. Daewoo Shipbuilding & Marine Engineering Co. Ltd ordered systems for two ships, one for Shell International Gas Limited and the second for the Australian LNG Ship Operating Co. (ALSOC). Mitsubishi Heavy Industries (MHI) of Japan ordered the third system for a second Shell newbuild
Taiwan's second largest shipping firm, Yang Ming Marine Transport Corp. said its board decided to let chairman T.H. Chen serve concurrently as company president. The board appointed former president Frank Lu to be the firm's chief adviser, Yang Ming said in a statement. Lu left Yang Ming to be chairman of Taiwan Navigation Co., it said. The two shipping firms were formerly state-owned companies and were privatized in recent years
A Ship Captain and Chief Engineers of two foreign flag vessels have been arrested and charged with keeping false log books to conceal the dumping of waste oil and sludge from two ships, obstructing a Coast Guard investigation, and obstruction of justice for allegedly telling crew members to lie to a federal grand jury. The arrests, supported by criminal complaints, were announced by Timothy M. Burgess, United States Attorney for Alaska and Thomas L
Bourbon announces the sale of the 'Bourbon Surf' and 'Bourbon Borgstein', two large 10-year old Norwegian built AHTS (Anchor Handling Tug Supply) vessels for a total amount of US$130 million, generating a total capital gain of approximately US$63 million.
Altogether 26 people are missing after two ships sank in separate incidents off the coast of east China's Shandong Province, reports Xinhua. Strong gales were forecast off Shandong, when twelve people were confirmed missing after the ship "XINGLONGZHOU65"
ABB, the leading power and automation technology group, won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems for six new cruise liners that include its latest-generation Azipod XO units. The orders make 2013 the best-ever year for ABB in cruise
In November 2013 the Mexican Navy (Secretaría de Marina) and Damen Shipyards Group (the Netherlands) signed another contract for a Damen Stan Patrol 4207. The Mexican Navy already operates two similar Patrol Vessels and has currently two ships under construction in their shipyard Astillero
Crystal Cruises selected as 'World's Best' for a record 18th year in the annual Travel + Leisure’s “World’s Best Awards” readers' survey. NYK say that the ultra-luxury vacation company is the only cruise line, hotel
When Battleground Oil Specialty Terminal (BOSTCO) on the Houston Ship Channel starts operations in October, ship channel congestion is likely to be lessened. BOSTCO will start operations in October 2013 with 2.84 million barrels of residual fuel oil and feedstock storage
The Dutch Frigate 'HNLMS Van Speijk', part of NATO’s counter-piracy Operation Ocean Shield, ensured the safe passage of the 'Maersk McKinney Moller' on maiden transit through the Gulf of Aden. The 400-metre long, 165,000 ton commercial ship is on its maiden voyage from Asia to Europe
Ireland's Ardmore Shipping Corporation (NYSE: ASC) say they have begun the execution of their product and chemical tankship fleet explansion plan. The company has put the plan into effect by exercising options on a further two 50,300-dwt IMO 3 eco-design product tankers ordered from SPP
FLEX LNG announce they have executed a binding and final settlement agreement with shipbuilders Samsung Heavy Industries: arbitration proceedings have been discontinued and all actual and potential claims and counterclaims arising out of past relationships and contracts between them have been
The ability to readily transport personnel and equipment from one ship to another is vital to the success of many U.S. Navy operations, particularly when it comes to seabasing. But tumultuous waters and weather conditions can make the transfer process extremely difficult
With the Fernão de Magalhães, Aliança has christened the second of four identical new container ships for its cabotage fleet. The Naming Ceremony was held on September 26 at the container port of Porto Chibatão on the Rio Negro in Manaus
United Arab Shipping Company (UASC) have recently announced they will expand their fleet with new super-efficient container vessels. Constructed to DNV class, the designs have been optimized through a productive cooperation between FutureShip and Hyundai Heavy Industry (HHI)
Augustea Bunge Maritime Limited ("ABML") a joint venture company of Augustea Atlantica S.p.A. and Bunge Limited (NYSE: BG), has announced the formation of a new joint venture with York Capital Management The new company, ABY Holding Limited ("ABY")
With the Américo Vespúcio the Hamburg Süd subsidiary Aliança christened the third of four identical 3,800 TEU container ships for its cabotage fleet on October 22, 2013 in Pecém (Brazil). The naming ceremony was held as part of a customer event at the port of
The float-out of Mein Schiff 3, an environmentally friendly cruise ship being built for TUI Cruises, was performed at STX Turku Shipyard on Friday, November 8, 2013. At the press conference held at STX Finland Oy’s Turku Shipyard earlier the same day, Richard J