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 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
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
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
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.
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
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
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.
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
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. gac.com
TraPac, LLC has reached agreement to nearly double its marine terminal size at the Port of Oakland. Wilmington, CA-based TraPac said today it plans to lease an additional 57 acres and two vessel berths on the Port’s Outer Harbor.
Wärtsilä said it has signed a contract with Construcciones Navales del Norte SL (LaNaval) shipyard in Sestao, Spain for the design and supply of the LNG power and propulsion installation for a new RoRo passenger ferry being built for Spanish owner Baleària
Euronav NV said it has agreed with Hyundai Heavy Industries (HHI) shipyard in South Korea to defer the delivery of the two VLCC ex-yard resale vessels it recently purchased to the first quarter of 2017. The vessels, previously expected to be delivered between October and
Euronav NV announces today that it has agreed with Hyundai Heavy Industries (“HHI”) shipyard in South Korea to defer the delivery of the two VLCC ex-yard resale vessels it recently purchased to the first quarter of 2017. Thanks to the excellent relationship that the Company enjoys
Silver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalization of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including the strengthening its ownership in the company and direct
Two stern trawlers of Rolls-Royce design are contracted to be built by the Freire Shipyard in Spain. The two vessels, both designed for catching shrimp, have been ordered by Greenland based ship owners Qajaq Trawl and Polar Seafood.
The Volkswagen Group said it will use two vessels powered by liquefied natural gas (LNG) on routes between Europe and North America from 2019, in a move that aims to improve the environmental balance of its marine transport fleet.
Rolls-Royce has announced a new deal to provide propulsion and deck machinery to five cruise ships being built by Fincantieri at their Monfalcone and Ancona Shipyards in Italy. The firm orders are to supply a Promas system, deck machinery and steering gear to two vessels being built
Wärtsilä has been awarded the contract to supply a broad range of integrated automation, navigation and dynamic positioning equipment, as well as the complete uninterruptable power systems (UPS) for four new cruise ships. Two of the vessels are being built at the Meyer Werft shipyard in
A development by Fugro for its work class remotely operated vehicles (ROVs) has been utilised successfully in cable lay touchdown monitoring operations at the Rampion Offshore Wind Farm. A new track base unit, fitted to its FCV ROV, has been introduced to ensure highly accurate cable
ALP Striker achieved an impressive and most satisfactory bollard pull results of 309.6 tonnes during her sea trials. The DP II Anchor Handling Salvage Tug was delivered on 12 September to ALP Maritime Services. The vessel is designed for towing very large floating objects while also offering
Three bulk carriers sold charter-free at about market rates. Two Hanjin container ships also up for sale. Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more vessels are up for sale, ship brokers said on Wednesday, kicking off an asset sale sparked by the failure of the
The first of two SIGMA 10514 PKR naval frigates for the Indonesian Navy has successfully completed its sea trials as of September 7, marking a milestone on a project for which the first steel was cut in January 2014. The assessment phase began with seven days of basin trials to ensure
Wärtsilä has been awarded a contract covering four newbuild tanker vessels. The ships are to be built at the Avic Dingheng shipyard in China, on behalf of three Swedish owners; Furetank (two vessels), Älvtank, and Thun Tankers, a fully owned subsidiary of Thunbolagen
Mumbai Port Trust has allowed berthing of dry bulk cargo vessel at its OCT (Offshore Container) Terminal on trial basis following persuasion by members of Mumbai and Nhava Sheva Ship Agents Association to overcome congestion. The two vessels that were allowed to berth at the OCT Terminal were