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
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)
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
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
GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has received an order for two LNG carriers (LNGCs), to be built by the shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The two ships, to be operated by BW Group, are expected for delivery in 2018 and 2019, respectively. GTT said the two LNGCs will be equipped with NO96 GW technology
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
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
2015 saw a sharp increase in the number of passenger movements recorded at Valletta Cruise Port A total of 668,277 passenger movements were recorded on 306 cruise vessels calling Valletta in 2015, equating to an increase of 150,683 passengers, or a 29
Fueled by liquefied natural gas, the Perla Del Caribe will join its sister ship, the Isla Bella, as the greenest containerships in the world. U.S. shipbuilder General Dynamics NASSCO today delivered the world’s second containership to be operated by liquefied natural gas (LNG)
MSC Cruises, the 4th largest cruise line, confirmed the existing STX France options to build an additional two ships in the Meraviglia class. The ships, valued by MSC at $1.7 billion, will be longer and bigger versions of the Meraviglia-class ship
China's Ministry of Commerce has approved the merger of China Ocean Shipping (Group) and China Shipping (Group) so that the combined company can begin full operations. The company sources said, the newly merged entity will officially be launched and commence operations in Shanghai on
Three oil tanker ships were detained by the Malaysian Maritime Enforcement Agency (MMEA) off the waters of Pengerang for illegal ship-to-ship transfer of marine fuel oil (MFO) near Pengerang. Tanjung Sedili District Maritime Enforcement head
The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea.
China State Council has given the go-ahead for country's two largest shipping conglomerates to merge, continuing a trend in the industry to trim down state-owned enterprises, reports Caixin Media. The China Ocean Shipping Co. (COSCO Group) and China Shipping Group Co
The ports of Antwerp and Guangzhou are to collaborate even more closely under the terms of a twinning agreement signed on Thursday 10 December in the Chinese port city. Antwerp, the second-largest port in Europe, and Guangzhou, number 8 in the world
Classification society ClassNK has issued Statements of Compliance (SoC) to two ship recycling facilities in Gujarat, India, Shree Ram Vessel Scrap Pvt. Ltd and Leela Ship Recycling Pvt. Ltd, verifying that the facilities are in line with the Hong Kong International Convention for the Safe and
North America’s first LNG bunker barge is scheduled to be launched in February of 2016, Clean Marine Energy LLC (CME) announced following a U.S. Coast Guard (USCG) and Society of International Gas Tanker and Terminal Operators (SIGTTO) hosted tour at Conrad Shipyard in Orange, Texas
On December 11, General Dynamics NASSCO completed bunkering of liquefied natural gas (LNG) for the Perla Del Caribe, the world’s second containership to be powered by LNG. Bunkering services were provided by the California-based company Clean Energy as well as Baker Hughes and
Defense Secretary Ash Carter ordered the U.S. Navy in a sharply worded memo this week to buy 12 fewer small littoral combat ships (LCS) and more fighter jets, electronic warfare equipment and other weapons in the upcoming budget year instead.
Following an agreement subscribed in March 2015, Fincantieri announced today it has signed a memorandum of agreement with Carnival Corporation & plc for the construction of four new cruise ships of an overall value of about 2.5 billion euros
San Diego based shipbuilder General Dynamics NASSCO delivered three lead ships in 2015: USNS Lewis B. Puller, the Isla Bella and the Lone Star State. Each vessel represents three new and separate ship classes and highlights the builder’s diverse portfolio of commercial and government
ESL Shipping’s new dual-fuelled bulk carriers will not only be the first large LNG-fuelled bulkers, but the first vessels constructed to the new DNV GL rule set, the classification society announced. Due for delivery in early 2018, the two 25