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Vessel Contract

Caspian Services Finalizes Multi-Vessel Contracts

Caspian Services, Inc., announced final execution of its multi-vessel contracts with Saipem S.p.A. Saipem has chartered five vessels from Caspian Services, Inc., subsidiary Caspian Services Group, Ltd., for a minimum of two years to support Saipem's pipeline projects in the giant Kashagan field under development in the Kazakhstan sector of the north Caspian Sea. The contracts call for Caspian Services Group, and its Dutch shipping partner, Rederij Waterweg, b.v., to provide Saipem with two new Multicat work boats, two anchor handling tugs and an existing survey vessel. The vessels will be placed into active operations in the spring of 2006. Mr. Laird Garrard, President of Caspian Services, Inc., said, "these contracts represent a significant expansion of our vessel fleet operations and will greatly enhance the range of marine services we can offer clients in this developing region in the future."


CWind Bags Crew Transfer Contract

CWind wins crew transfer vessel contract from Fred Olsen at Walney 1 & 2 offshore wind farms   CWind announced that it has won an eight-month contract to provide crew transfer services to Fred Olsen at Walney 1 and 2 offshore wind farms. One of the more than 20 crew transfer vessels in the fleet operated by CWind, will assist with O&M activities at the two wind farms.   Peter Jorgensen, Managing Director


Seaspan Announces Delivery of New Vessel

Seaspan Corporation announced the delivery of its fourteenth ship, the Dubai Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd., was delivered approximately ten weeks ahead of its contractual delivery date. The Dubai Express is the second of nine Seaspan vessels to be chartered to CP USA, a subsidiary of CP Ships Ltd. Seaspan also received notice of expected delivery for the second 4250 TEU vessel to be delivered this year, the Jakarta Express


Norway's DOF Group Announce Offshore Charters

Skandi Constructor: Photo credit DOF Group

DOF Subsea provider of subsea services to the offshore oil & gas industry worldwide announce new vessel contracts. DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is for three year's firm with three, one year options. The contract will commence in the second quarter of 2013.
 Skandi Constructor is a well intervention vessel of Ulstein SX 121 design built in 2009. The vessel has a LOA of 120.2 m and a breadth of 25


Petrofac Order Hi-end Offshore Construction Vessel

Image courtesy of Petrofac

Service provider to the oil and gas industry, UK-based Petrofac, confirms placement orders to build its new proprietary design Petrofac JSD 6000 deepwater derrick lay vessel, which will be available for construction and installation activities in early 2017. Petrofac inform that the vessel is based on a unique design which integrates the J-Lay, S-Lay and derrick functions and will provide Petrofac with access to high-end turnkey opportunities in the high growth deepwater and SURF markets


Eastern Shipbuilding Delivers Tug, Launches PSV

Launch of PSV Bravante Vlll

Eastern Shipbuilding Group, Inc. says it has delivered the tugboat M/V JAMES DALE ROBIN to Florida Marine Transporters, Inc. of Mandeville, LA. and not long before that christened and launched the Platform Supply Vessel (PSV) M/V BRAVANTE VIII for Boldini S.A., BRAVANTE GROUP of Brazil. Tug JAMES DALE ROBIN In 2013 Florida Marine Transporters, Inc. exercised more options for five additional 90’x32’x10’ Inland Towboats


Merwede Tapped for Navy, Commercial Contracts

Merwede Shipyard has been busy of late, announcing two significant jobs from the military and commercial sectors. On the military side, the company announced a contract for the design, engineering and building of one Multi-Role Vessel, for Tenix Defence of Australia. The vessel will meet or exceed all operational requirements of the New Zealand Ministry of Defense, including those for cargo and troop carriage, speed, endurance


Free ClassNK Software for Shipyard EEDI Calculations

ClassNK releases Progressive Speed Trial Analysis Software 'PrimeShip-GREEN/PSTA' which analyzes the results from speed trials and calculates a corresponding ship’s speed in calm sea conditions for compliance with the amendment to MARPOL Annex VI. The Amendment to MARPOL Annex VI came into force from January 2013, enforcing mandatory EEDI calculation and EEDI regulation values for vessels contracted from 1 January 2013 onwards


Nicholas Brothers Contracted for New Ferry

Drawings for Wahkiakum Ferry 2.jpg

Nicholas Brothers Boat Builders has been awarded a new vessel contract to build a 115’x47.5’ 23-Car, 100 passenger ferry for Wahkiakum County. The ferry will operate between existing ferry terminals to Puget Island in Cathlamet, Washington and Westport, Oregon. Designed by Elliot Bay Design Group of Seattle, Wash., the steel hull, aluminum superstructure vessel will be powered by two diesel Cummins QLS 9, 285 hp at 1


Topaz to Supply 14 Vessels for BP in Azerbaijan

Photo: Topaz Energy and Marine

Offshore support vessel company Topaz Energy and Marine informs it has secured 14 offshore support vessel contracts with BP Exploration (Caspian Sea) Limited.     Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five-year period plus two one-year options at current market terms, primarily in support of BP’s ACG and Shah Deniz II fields offshore Azerbaijan.   


VT Halter Delivers ATB Tug to Bouchard

M/V Morton S. Bouchard Jr. on sea trials (Photo: VT Halter Marine)

VT Halter Marine, Inc. announced the delivery of the M/V Morton S. Bouchard Jr., the first of the two 6,000 horsepower Twin Screw Articulated Tug Barge (ATB) tugs to Bouchard Transportation Co. Inc.    Measuring 130 feet by 38 feet by 22 feet, the M/V Morton S. Bouchard Jr


Vard Slips into the Red

Vard Holdings - A FINCANTIERI Co. Photo Vard

* Positive EBITDA margin during 4Q2015, net loss of NOK 170 million for the quarter   * Net loss of NOK 1.29 billion for FY2015, weighed down by NOK 474 million net FX losses (NOK 734 million FX losses and NOK 260 million FX gain), of which NOK 380 million net unrealized


Topaz, BP Ink 14 Offshore Ship Contract

The PSV Caspian Server Courtesy TOPAZ

Topaz Energy and Marine, a leading offshore support vessel company, has secured 14 offshore support vessel contracts with BP Exploration (Caspian Sea) Limited ("BP"). Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five year period plus two


VT Halter Launches Tug for Bouchard

Frederick E Bouchard launch Photo Courtesy VT Halter Marine

VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems), announces the launch of the M/V Frederick E. Bouchard, at its Moss Point Marine Shipyard Facility in Escatawpa, Mississippi on Thursday, March 31, 2016. M/V Frederick E


Austal Delivers Record Profit Increases

Austal recently delivered LCS 6 to the U.S. navy (Photo: Austal)

Shipbuilder Austal Limited announced it has delivered record revenue and record earnings for the year ended June 30, 2015, with Net Profit After Tax (NPAT) of $53.2 million, a 66.8 percent increase on FY2014.   Austal’s best result in its 27-year history was generated from revenue of


Concordia Maritime Renews P-MAX Vessels Contract

Stena Polaris (Photo: Concordia Maritime)

International tanker shipping company Concordia Maritime said it has renewed a contract with an international oil and gas company for 12 months for two vessels. The contract also includes an additional vessel for six months. The renewed contract relates to three P-MAX vessels: 2005-built Stena


The Tanker Orderbook: A Heavy Tome Or A Light Novella?

Graph: Clarksons Research

 The recent firm sentiment across much of the tanker market has supported relatively significant ordering levels, which has taken the combined crude and products orderbook to 670 vessels of a combined 82.4m dwt at the start of September, equivalent to 17% of the fleet and 13


Damen Builds RoPax Ferry for Canada

MV Veteran (Photo: Damen)

Damen RoPax ferry MV Veteran for Canadian lifeline vessel replacement   The Damen 80-meter ice class RoPax ferry MV Veteran handover to the Government of Newfoundland and Labrador (GNL) took place in St. John’s, Newfoundland, Canada on October 23, 2015


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


Steel Processing for Brodosplit Box ship Begins

Steel cutting courtesy Brodosplit

Processing of steel for Hull's 476, 477, 478 and 479 started on sheet-cutting machine in Shipbuilding Industry Split on 12 November 2015. It is the Multipurpose Container vessels contracted for the company Brodosplit Navigation Ltd. Ships will be 184.43 meters long, 27.5 meters wide and 15


IRS Software for Common Structural Rule

IRCSR Courtesy IRS

  IRClass has announced the release of new technical software, IR-CSR, for verification and compliance of oil tankers and bulk carriers against recently mandated Common Structural Rules (CSR) by the International Association of Classification Societies (IACS).


Eastern Delivers 62nd 90-foot Tug to FMT

Photo: Eastern Shipbuilding Group

Eastern Shipbuilding Group, Inc. announced it has delivered the 62nd 90-foot inland towboat for Florida Marine Transporters, Inc. (FMT) of Mandeville, La., continuing its ongoing new build program. The new vessel, M/V Harvey Sbisa (Hull 192), was delivered on November 30, 2015.  


Atlantis Tankers Orders 10 Optimarin BWTS

Image: Optimarin

Optimarin has consolidated its position within the EX approved ballast water treatment (BWT) segment with a 10 vessel contract from Atlantis Tankers Group and its management arm Armona Denizcilik, the company announced. The Norwegian BWT specialist will now provide its solution to two newbuildings


Scot Tanker Opts for MarineLine Coatings

Contract signing at Scot Tanker’s office in Istanbul (Photo: Advanced Polymer Coatings)

Advanced Polymer Coatings (APC) has signed a contract with Scot Tanker, based in Istanbul, Turkey, for up to eight chemical tanker retrofits using the patented MarineLine polymer cargo tank coating system.   These eight chemical ships became available on the market and were purchased by


BP Pulls Plug on Oceaneering Vessel Contract

Photo: Oceaneering International, Inc

 UK giant BP will end a contract off Angola with Oceaneering International about eight months early.   Oceaneering International has announced that BP has exercised its right to terminate its use of the chartered vessel Bourbon Oceanteam 101 at the end of May 2016.  






 
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