Fincantieri Signs High Speed Ferry Contract

Monday, November 01, 1999
Fincantieri has singed contracts with Minoan Lines for two new high-speed ferries to be delivered in fall 2001 and spring 2002 for a price of about $105 million each. With a gross tonnage of approximately 36,000 tons and overall length of 702 ft. (214 m), the vessels will travel in fully loaded conditions at a speed of 29.5 knots. Passenger capacity is 2,000 with garage space for 110 cars and 120 trailers. These are the third and fourth vessels that Minoan will have on order at Fincantieri. The first two vessels, which will be named Knossos Palace and Festos Palace, will be sent off in 2000 and 2001.

Contracts

Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications

Fred.Olsen Energy, Hyundai Settle Rig Dispute

Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0666 sec (15 req/sec)