Vessel Demolition

Tanker Scrappings Up As Second Quarter Demolitions Rise

Tanker scrapping reportedly shot up while the disposal of bulk carriers diminished as the total deadweight tonnage of ships sold for demolition rose by five percent in the second quarter of this year from the first quarter.

Donjon Welcomes New Tug, Caitlin Ann

On August 1, 2011, Donjon added the 2400-HP-class tug Caitlin Ann to its growing fleet to support the company’s dredging, marine salvage, bulk material transportation and marine demolition services. The addition of the Caitlin Ann increases the Donjon towboat fleet to 14 total vessels ranging from 1200 to 7000 horsepower.  In addition, Donjon also owns and operates five derrick barges with a maximum capacity of 1,000 tons, more than 40 deck and hopper barges

Tanker Rates Expected To Rise In Year's First Half

Large tanker rates will increase during the first half of 2000 but freight prices will ease in the second period as new VLCCs are delivered, Norwegian shipbroker P.F. Bassoe A/S & Co. said. Bassoe predicts that tanker demand will increase by 2.6 percent over 2000 on the basis that OPEC output restraints would remain in place until March 2000 and a gradual production increase will follow. Increased crude exports would be driven by rising Asian demand and a slight increase in U.S

Captain Convicted of Dumping Asbestos

A Federal Jury found Ronald Cook, a Canadian citizen, guilty of illegally dumping trash bags full of asbestos into the Gulf of Mexico and elsewhere. He had been hired to lead a crew performing demolition on an old ferry boat, the Muskegan Clipper, as it sailed from San Diego, California, through the Panama Canal to Mobile, Alabama. The ship was eventually to be transformed into a riverboat gambling casino. In order to save time and costs, the crew bagged up the demolition debris

Orion Announces $20 Million Contract Award

Orion Marine Group, Inc. (NYSE:ORN), a marine contractor serving the infrastructure sector, announced  May 15, 2012 a contract award of approximately $20 million. Orion Marine Group was recently awarded a contract for the demolition and rehabilitation of an existing wharf structure on the Lower Mississippi River for a private customer. Onsite construction of the project is expected to commence in the second quarter and last approximately 12 months

Durbin: Demolition of Rock Pinnacles Could Begin Next Week

At the request of Midwest Senators, Army Corps fast tracked process to keep water and goods moving on the Mississippi River. U.S. Senator Dick Durbin (D-IL)  praised the news that a contract has been awarded for the demolition of rock pinnacles in the Mississippi River and the work could begin as early as next week.  In a November 29 meeting with Durbin and five other Midwest Senators, Assistant Secretary of the Army for Civil Works, Jo-Ellen Darcy

Donjon Towing and Transportation Projects on the Rise

Donjon Marine, Co., Inc., a global marine services provider based in New Jersey, has announced a number of marine transportation projects the company has been involved with over the last months. These services are in addition to the daily support Donjon’s Transportation Division provides to Donjon’s Dredging, Salvage, Marine Demolition and related marine activities:   SIMS Metals: Donjon tugs transport the barges that carry all of the steel scrap in the New York/Metropolitan

Greek Owners Sell Bulker, Reduce Debt

Greece-vased Seanergy Maritime Holdings sells its 172,173 dwt Capesize bulk carrier  'BET Scouter' for recycling The 1995-built, drybulk vessel, built in 1995 fetched a gross price of US$12,118,537. The ship was sold for demolition and has been delivered to its new owners. The Company will use the proceeds to reduce debt. Following the completion of sale of the BET Scouter, the Seanergy Maritime fleet consists of ten Handysize, three Panamax

Ship Recycling Prices Plunge 25%

Demolition Prices for elderly ships have fallen by a quarter in 2012 to date, and owners are encouraged to dispose of recycling candidates sooner rather than later, says Mark Williams of Braemar Seascope. Addressing the 7th Annual Ship Recycling Conference in London on 19th June, the Braemar Seascope Research Director told delegates that deflating international steel prices were likely to translate into lower offers for recycling tonnage in the coming quarters.

Scheldepoort to Convert Jack-up Rig into Offshore Hotel Accommodation

Scheldepoort Repair & Conversion Yard has been awarded a contract to convert the jack-up drill rig Shelf Explorer into offshore hotel accommodation. The accommodation unit will then be known as Atlantic Amsterdam, owned by Atlantic Amsterdam Pte. Ltd. in Singapore, a subsidiary of Ezion Holdings Ltd. Scheldepoort Repair & Conversion Yard (based in Vlissingen, The Netherlands) is part of Damen Shipyards Group and specializes in modifications, repairs and refits