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
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
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
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
Brazil's Santos port authority has decided to reduce the drafts on some terminals, including the ones operated by Noble Agri, a local subsidiary of Asian commodities trader Noble Group, and Copersucar due to excess sediment, two shipping agencies said on Monday.
ClassNK issues Hong Kong Convention Statements of Compliance to two ship recycling facilities in India Two ship recycling facilities in Gujarat, India, R. L. Kalthia Ship Breaking Pvt. Ltd. and Priya Blue Industries Pvt. Ltd., have received Statements of Compliance (SoC) from
Turkey launched the 140-meter amphibious ship "Bayraktar," the first of two vessels that are part of a domestic Landing Ship, Tank (LST) project, reports Local media. The two ships boast local design and construction and are aimed at meeting the operational requirements of the
d'Amico International Shipping S.A. has launched two eco-ships at the shipyards of Hyundai Vinashin Shipyard Co. Ltd – Vietnam, bringing the fleet to more than 50 units. The vessels Cielo di Ulsan, a handysize Ice Class of 39,000 tons and High Trader, a medium range 50
Costa’s two new cruise ships will be the largest ever built based on guest capacity; Costa will join sister brand AIDA Cruises in building the first-ever cruise ships powered at sea by liquefied natural gas Carnival Corporation & plc today announced that its Italian brand
The total cost to France of reimbursing Russia for cancelling two warship contracts will be less than 1.2 billion euros, French Defence Minister Jean-Yves Le Drian said on Thursday. Le Drian said on radio RTL the initial price for the two Mistral helicopter carrier warships had been 1
About 10 countries, including Egypt, are interested in buying two French helicopter carriers whose planned sale to Russia has been cancelled due to the Ukraine crisis, a source familiar with the situation said. A second source, a French diplomatic source
TTS Group ASA has through its subsidiary TTS Marine AB in Gothenburg, Sweden entered into a new contract for delivery of cargo access equipment to two pure car/truck carriers (PCTC). The total order value for the two ship-sets is approx. NOK 40 million (approx. USD 4.9 million).
Two Mistrals were originally destined for Russia. France is in talks to sell two Mistral helicopter carriers to Egypt after their sale to Russia was cancelled earlier this month, two sources close to the matter said on Wednesday. Cairo has sought to boost its military power in the face of a
Austal’s U.S. operation consists of more than 4,000 employees supporting the design, construction and sustainment of two U.S. Navy programs, the 127-meter, trimaran Independence-variant Littoral Combat Ship (LCS) and the 103-meter, catamaran high-speed troop and equipment transport known as
Carnival on track for record year from Port of New Orleans in 2015; expects to embark 3 millionth passenger post-Katrina next year New Orleans’ number one cruise operator Carnival Cruise Line continues to expand its presence at the port and expects to carry a record 400
A China Ocean Shipping Company COSCO-China Shipping Container Lines (CSCL)merger makes financial sense, but would have huge implications for competition in the container shipping industry, according to Drewry Maritime Research.
It is nighttime on a beach near the resort town of Bodrum and a group of migrants look out nervously at two ships on the horizon, wondering if they can slip past the Turkish coastguard and cross the Aegean Sea into a new life in Europe.
Construction of the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group is now 25 percent complete, the company announced.
Dubai's Topaz Energy and Marine, a unit of Muscat-listed Renaissance Services, has bought two ships from Norwegian boat yard Vard Brattvaag for about $115 million, the Omani parent firm said on Sunday. The two vessels will be delivered in the second half of 2017