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Two Vessels

A/S Dampskibsselskabet TORM Orders Two More Newbuildings

Dampskibsselskabet TORM (TORM) a shipping company specializing in the worldwide commercial operation of a fleet of tankers and bulk carriers, has signed a contract with Dalian New Shipbuilding Ltd. in the People's Republic of China for construction of two high specification 110,000 dwt Aframax (LR2) product tankers. This order is based on the two options granted when TORM placed the initial order for two vessels in June 2003. TORM has an option for a further two vessels. ADVERTISEMENT The two vessels are due to be delivered in 1st and 2nd quarter 2007, and represent the latest additions to the substantial newbuilding program initiated in 1999. The seven remaining newbuildings will be delivered in 2003-7 and represent an investment of more than $250 million. This order underlines TORM's commitment to a strategy based on owning and operating, in cooperation with its pool partners, a product tanker fleet among the most modern and technologically advanced in the world, aimed at offering customers the capacity, flexibility and quality required.

General Maritime-Genmar Defiance Update

General Maritime Corporation (NYSE:GMR) announced that a jury in the Southern District of Texas federal court returned guilty verdicts against two vessel officers of the Genmar Defiance, one of the company's wholly-owned Aframax vessels, and GMM Portugal, a subsidiary of the company, on two counts for violating the Act to Prevent Pollution from Ships and 18 USC 1001, respectively, in connection with an investigation and trial previously reported by the company relating to potential failures by

Bocimar Expands Fleet, Buys 3 Ships

CMB confirms that its subsidiary Bocimar International has acquired three capesize newbuilding vessels for a total purchase price of $188 million. The first vessel, SWS 1028 (Shanghai Waigaoqiao Shipyard) - for which Bocimar concluded a three-year time charter contract in April 2005 - is obtained from Teh Hu (Hong Kong). It concerns a 175,000 dwt newbuilding that will be delivered in the third quarter of 2006. The other two vessels, SWS 1048 and SWS 1049, have been bought from

Keppel Hitachi Zosen Garners $161 Million Contract

Singapore-based ship repairer Keppel Hitachi Zosen Ltd said on Monday it won a contract worth about $161 million to build four cable-laying and repair vessels for TyCom Ltd. The company said in a statement that each of the 7,800 dwt ships would be used for installation and maintenance of the Tycom Global Network, a worldwide undersea fiber optic system being deployed by TyCom. Keppel Hitachi had already been awarded an earlier contract in April for two cable-laying and repair vessels

AUSTAL USA Launch First Two Vessels

Within a busy 18 day period, Austal USA have launched their first two vessels, Anapaula and Veronica from the new, high-tech facility in Mobile, Ala. The 120 man workforce watched with pride as on December 2 and then December 20 each of the vessels made its way onto the launch barge supplied by part owner, Bender Shipbuilding and then on to a dry-dock for floating off. The Austal USA team who have produced these two vessels in just 8 months in the large construction hall on the edge of the

Consilium to Supply Two Princess Cruise Ships

Fincantieri and Princess Cruises have chosen Consilium to outfit the new 141,000 GT under construction, Royal Princess, and her yet-to-be-named sister, with the safety system in compliance with the latest regulation "Safe Return to Port". The two vessels are prototype ships for Princess Cruise brand. At 141,000 gross tons with a maximum passenger capacity of 3,600, they will be the largest cruise ships ever built by Fincantieri and the flagships of Princess Cruises fleet. 

NLNG Buys Two Gas Vessels

Nigeria Liquefied Natural Gas (NLNG) purchased two vessels owned by Duke Energy to transport gas from the Bonny LNG plant. The company said it had long-term chartered the ships in 1995 for 22.5 years with provisions for an extension or outright purchase within the period 2001 and 2006. The company is exercising the right to buy the vessels outright one year ahead of schedule. The $3.8 billion Bonny plant in southeast Nigeria began LNG production in October.

WSF Bremerton on One-Boat Schedule

Washington State Ferries (WSF) announced that the Seattle/Bremerton ferry route is operating with one vessel after one of the route’s two vessels was pulled from service early in the morning on Feb. 8. The 144-car Yakima sustained damage and began taking on water after a hard landing and was immediately removed from service. The U.S. Coast Guard and Washington State Ferries are both conducting investigations into the incident

Zim Receives New Container Ship

According to Reuters, Israeli shipping firm Zim, a unit of holding company Israel Corp., has received the first of 12 vessels it had ordered to meet an anticipated surge in demand as the global economy recovers. Zim said the new ship, Zim Los Angeles, had a capacity of 8,400 containers, and that a second ship with a capacity of 10,000 containers, Zim Djibouti, would be delivered in two weeks. Zim said the two vessels, built by Hyundai Heavy Industries

Kiel-Canal Closed Due to Collision

Photo: Kiel Canal

Due to a collision of two vessels at Brunsbttel on the western end of Kiel-Canal between siding Kudensee and Brunsbüttel Innerharbour, the Kiel-Canal has been closed since 3:45 a.m. local time October 28 . Salvage operation are ordered, and westbound vessels presently inside the Kiel-Canal are stopped. The period of closure is presently unknown.

US to Give Two Ships to Philippine Navy

President Barack Obama talks with Captain Vince Sibala on the bridge of the BRP Gregorio del Pilar (PF-15), during a tour of the ship in Manila Harbor, Philippines, Nov. 17, 2015. (Official White House Photo by Pete Souza)

Following a visit aboard Philippine naval ship BRP Gregorio Del Pilar on Tuesday, U.S. President Barack Obama said the American government plans to transfer two ships to the Philippine Navy, bolstering what Obama called an “ironclad commitment” to the defense of treaty ally the

Ulstein’s X-BOW Turns 10

subsea vessel  Island Performer (Photo: Ulstein)

While new designs often grab headlines, mature designs that have enjoyed success are perhaps better indicators of true progress in marine technology. When the Ultstein X-Bow made its debut 10 years ago, some scoffed at the unusual design characteristics

Stena Bulk Orders Tankers from China

Photo courtsy of Stena Bulk

Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou.   It has also taken out an option on a further two vessels

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin designs of LNG handysize bulk carriers Courtesy Deltamarin

  Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities. The two B.Delta26LNG vessels will be constructed for the Finnish shipowner ESL Shipping Ltd by the

Greyman Express Launched

Greyman Express. Photo by Vroon

 China’s COSCO Guangdong Shipyard today launched Greyman Express, the sixth newbuilding livestock carrier to be constructed for Dutch company Vroon at this yard.    Four newbuilding livestock carriers have already been delivered to Vroon and have entered service. 

VARD Secures PSV Charter from DOF

Photo: VARD

Vard Holdings Limited announced it has secured a bareboat charter contract for the first of two vessels whose original shipbuilding contracts were terminated earlier during the year. The vessel, a platform supply vessel (PSV) of VARD 1 08 design

Dubai's Topaz Buys Two Ships

Courtesy Topaz Energy and Marine

  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

New Bulkers Launched into Fuel-saving Future

View of the Elsabeth C and Mirela tied up in port in China (Photo: MAN Diesel & Turbo)

One of the first commercial applications of MAN Diesel & Turbo’s new MAN Alpha Kappel FP propeller took place off the coast of China recently when the vessel Elsabeth C, a 58,500-dwt Supramax bulk carrier owned by Frontmarine Co. Ltd – an affiliated and managed company of

Turkey Launches Amphibious Ship

Image Credit: AA Photo

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

US Navy: Arab Coalition Slowing Aid Efforts in Yemen

Aid to Yemen is being slowed by a Saudi-led coalition which has warned commercial vessels to stay away from areas hit by fighting, a U.S. Navy report said. The Arab coalition, fighting to end control of much of Yemen by the Iran-allied Houthi movement

China Crude Cargoes Stranded on VLCCs

About 4 million barrels of crude oil bought by a Chinese state trader for the country's strategic reserves have been stranded in two tankers off an eastern port for nearly two months due to a lack of storage. The delays will cost millions of dollars and indicate how China is struggling to

GSL in the Red

Image: Global Ship Lease

Global Ship Lease (GSL) has reported negative result for the third quarter of the year mainly due to impairment charges related to two vessels.   Company reported revenue of $42.18 million. The estimated revenue was of $39.92 million. Earnings per share were $0.08

VT Halter Launches Another ATB Tug for Bouchard

M/V Morton S. Bouchard Jr.  6,000hp Twin Screw ATB tug (Photos: VT Halter)

Shipbuilder VT Halter Marine, Inc. and Bouchard Transportation Co. Inc. announced the launch of M/V Morton S. Bouchard Jr., a 6,000hp Twin Screw Articulated Tug Barge (ATB) tug, on October 29, 2015.   The M/V Morton S. Bouchard Jr. is part of a two-vessel contract awarded to the shipyard

Concordia Posts Strong Q3

Stena Bulk. Photo by Concordia Maritime AB

 Good positions in a market that exceeded expectations gave Concordia Maritime part of Sweden’s Stena Group, a very strong ­quarter for the season.   It recorded after-tax income of SKr52.4M ($6m) for the third quarter, a dramatic turn from a SKr27m loss the same period a

First Vessel Launched for BigRoll Shipping

BigRoll Barentsz (Photo: BigRoll Shipping)

 The heavy marine transportation provider BigRoll Shipping announced its first of four MC Class vessels under construction, BigRoll Barentsz, was launched on October 27, 2015 at Cosco Dalian Shipyard. The vessel construction and commissioning remains on schedule for delivery in March 2016.

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