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
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
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
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.
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
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
The Australian Maritime Safety Authority (AMSA) has prosecuted two shipping companies and their masters for two separate marine pollution incidents within the Great Barrier Reef. Tokyo based Perses Maritima Ltd and the master of its Japan registered vehicle carrier Asteria Leader were
Two shipping companies and their masters have been prosecuted by the Australian Maritime Safety Authority (AMSA) for two separate marine pollution incidents within the Great Barrier Reef. Tokyo based Perses Maritima Ltd and the master of its Japan registered vehicle carrier Asteria Leader
Thirty-two ships will be transferred to Lloyd’s Register Class as part of the agreement that covers 57 ships including NORDEN’s entire fleet Ship operator Dampskibsselskabet NORDEN A/S, based in Copenhagen, has contracted LR to class 57 ships
AkzoNobel’s landmark carbon credits methodology for the shipping industry has won the Best Offsetting Project award in the 2015 Voluntary Carbon Market Rankings. Based on nominations from leading stakeholders within the voluntary carbon markets
General Dynamics NASSCO launched the 3,100 teu Isla Bella, the world’s first LNG-powered containership. More than 3,400 shipbuilders, their families, and others attended the special event at the San Diego-based shipyard.
ABB has designed turbochargers powering the largest ships in the world. First came the China Shipping Container Lines (CSCL) Globe with capacity of 19,100 TEU completing its maiden voyage in February 2015. This was followed by the Mediterranean Shipping Company (MSC) Oscar at 19
ABB Turbocharging helps improve engine performance on record- breaking containerships ABB has designed turbochargers powering the largest ships in the world. First came the China Shipping Container Lines (CSCL) Globe with capacity of 19,100 TEU completing its maiden voyage in February 2015
North American building products company United States Gypsum Corporation (USG) announced that it has entered into agreements to sell two gypsum carrying ships. The two ships, part of USG’s non-core shipping business, Gypsum Transportation Limited (GTL), will be sold for $42 million
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.
GE Marine announced it has signed a contract with Savunma Teknolojileri Mühendislik Ve Ticaret A.Ş. (STM), Ankara, Turkey, whereby GE will provide STM with LM2500 gas turbines. The engines will power the Turkish Navy’s third and fourth MILGEM multi-purpose corvettes
Russian “joint maritime -2015 (1)” today (May 11) officially launched a joint military exercise, the exercise will continue until 21 May, reports Chinese state news agency Xinhua. It is the first time the two countries have held joint military exercises in the area and
Wärtsilä has received another important order for its Ballast Water Management Systems (BWMS). Three new container ships being built for a major European shipping company at the Jinhai Shipyard in China will be fitted with Wärtsilä Aquarius UV BWMS
Wärtsilä Corporation, has received an order for ballast water management systems (BWMS) for three new container ships being built for a major European shipping company at the Jinhai Shipyard in China. The vessels will be fitted with Wärtsilä Aquarius UV systems
ABB has designed turbochargers powering the largest ships in the world. First came the China Shipping Container Lines (CSCL) Globe with capacity of 19,100 TEU completing its maiden voyage in February 2015. This was followed by the Mediterranean Shipping Company (MSC) Oscar at 19,224 TEU
Two shipping containers have been found washed up in Wellington's CentrePort as a result of strong winds gusting up to 120km/h last night. "Strong northwesterly winds blew at least two shipping containers into Wellington harbour late on Tuesday night