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Bsl News

09 Dec 2015

Louis Dreyfus Commodities, Cargill win Brazil Port Deal

Louis Dreyfus Commodities and Cargill won an auction on Wednesday to operate a grains area at Santos Port, the first terminal to be leased by the government under a 2012 law meant to bring investment and upgrade infrastructure. Louis Dreyfus Commodities makes up 60 percent of the winning Consortium LDC Brasil BSL, while Cargill has 40 percent, the consortium said. It offered 303 million reais ($80 million), beating another proposal from Agrovia SA. The consortium is required to move 3.9 million tonnes by its third year of operation. Reporting by Priscila Jordão

22 Jul 2015

Goldenport Sells Thira

Goldenport Holdings Inc. the international shipping company that owns and operates a fleet of dry bulk and container  vessels, announces today the sale of a container vessel, 'Thira'. The Company has agreed the sale of the 1997 built container vessel to an unaffiliated third party, "BSL Thira Shipping Limited", for a cash consideration of US$6.85 million. The vessel's delivery is due to take place on 21 July 2015. Goldenport expects to realize a book profit of approximately US$2.4 million on the disposal, after accounting for brokerage commission and book value. The net sale proceeds will be applied towards the repayment of debt secured against the vessel and increasing the level of corporate liquidity.

29 Jul 2013

OMEGA Introduces Pressure Transducer PX409-USBH

PX409-USBH

Omega introduced its new PX409-USBH series of high speed pressure transducers. This transducer connects directly to your computer and features excellent long term stability, 316L SS wetted parts, 1000/ reading/ second and is ruggedized with secondary containment. The micro-machined silicon design are ideal for pressure or level applications in laboratory, test platforms, or bio/pharmaceutical applications that require a rugged, high accuracy transducer. The PX409 High Speed USBH Series connects directly to your computer.

09 Apr 2012

Launching India into the Global Shipbuilding Competition

Shipbuilding has always been close to his heart, but Vijay Kumar’s greatest desire is to see his country, India, exploit the benefits of shipbuilding for the greater good of India’s economy as a whole. To date, the shipbuilding business in India has come with more promise than production, with its market share at a mere one percent of global shipbuilding activity, Kumar, Managing Director of Bharati Shipyard Ltd., is determined to help grow the shipbuilding industry not just for the good of his company, but for the good of the country as a whole. He envisions, with government support, a dynamic growth in India’s shipbuilding market, projecting its output to soar to a global market share of between 5 to 7.5 percent in the next 10 years.

21 Nov 2011

Security Strengthened with New Escort Vessel

new build 36m vessel, Express Opportune, fast support intervention vessel capable of 25 knots and specifically prepared for the Anti-Piracy role.

SeaHold GEOSHIPS Ltd’s subsidiary company Brooking Shipping Limited (BSL), has been awarded a contract for an escort vessel which is anticipated to generate £1.9million each year. This is the first contract BSL has been awarded since being acquired by the shipping and marine contractor, GEOSHIPS. BSL, the marine division of GEOSHIPS, has been appointed the escort vessel contract by Mercator International Limited, for the technical and crew management of the new build 36m vessel, Express Opportune.

03 Jun 2011

GEOSHIPS Acquisition, Doubling of Staff

Aberdeen-based SeaHold GEOSHIPS Limited (GEOSHIPS) has announced the acquisition of marine management services company Brooklyn Shipping Ltd (BSL). The acquisition is expected to lead to BSL’s staff numbers more than doubling to 80 this year and also contribute to a significant increase in GEOSHIPS’ pre-tax earnings on its projected turnover of nearly £50million for 2012. Formed in 2003, GEOSHIPS has a strong focus on offshore renewable energy projects, whilst also being able to offer services in support of subsea oil and gas related projects. It chartered its first multi-purpose offshore vessel, the Stril Explorer, from Mokster A/S until 31st August 2012 to support the growing offshore renewable energy market and the subsea sector.

22 May 2002

Container Transport By Rail Remains Stable

According to the annual report of the Dutch organization of rail operators container transport by rail was constant in 2001. Within the Netherlands it declined with 2 percent to 225,000 TEU. On the one hand the bankruptcy of operator Deltalogic played a role, on the other hand the start of the Shortline shuttle Rotterdam-Eindhoven had a positive effect. International transport was practically constant: 560,000 TEU. Volume especially rose on the destinations far away such as Italy. This compensated the decline of maritime containers. On the short distances, for example Rotterdam-Antwerp, rail experiences fierce competition from inland shipping. Koole Tankstorage Pernis is going to expand its terminal for storage and distribution of edible oils and fats.

15 Jun 2000

Setting a Course For Stability?

To characterize the business of carrying oil aboard tankers of any size or route as stable — would be foolhardy at best. But as curious as the market's undulations may appear to those on the outside, it is in fact the market's instability that serves as stability. Owning and operating a fleet of petroleum carrying tankers has undoubtedly become a much more scrutinized and legislated endeavor than any time past. The eyes of the world, individual nations and even specific "environmentally sensitive" regions are on constant watch, prepared to strike with the broad sword of legal action in the unlikely event of an incident or catastrophe. The heightened sense of legal responsibility has undoubtedly changed, and will continue to shape the tanker business.

10 Jul 2007

Bharati Shipyard Gets $43.4m Deal

Bharati Shipyard Ltd. (BSL), one of India's private sector shipyards, won a $43.4m deal from Norwegian firm Sea Cargo Skips AS to design and construct two vessels. These vessels are meant to operate between various ports of Scandinavian countries and Britain. BSL owns three shipyards, which are located at Ghodbunder and Ratnagiri in Maharashtra and Kolkata. It is in the process of building a greenfield shipyard at Mangalore with a capacity nearly four times higher than the existing yards. Source: India Enews

17 Apr 2007

BSL Acquires Swan Hunter Shipyard Machinery and Equipment

Bharati Shipyard Limited has acquired all the shipyard machinery and equipment of UK-based Swan Hunter (Tyneside) Shipyard Ltd. Through this acquisition BSL acquires fully automated panel lines, quayside traveling gantry cranes upto 180T capacity, 30 overhead traveling cranes upto 60T capacity, plate bending rolls of 2000 ton capacity, bending presses, robotic profiling machines, CNC plasma burning equipment, etc. These equipments will be used by BSL at its existing yards as well as for its Greenfield projects. BSL has also acquired the 20,000-ton lift capacity floating dock of Swan Hunter Shipyard, which will add a lot of value to its existing operations.

15 Feb 2006

Profitable Year for Shipbuilding Companies

Increased spending on offshore exploration & production (E&P) of oil and gas has increased order-book positions of Indian shipbuilders. ABG Shipyard has an order backlog of Rs 1,300 crore, while Bharati Shipyard has pending orders worth Rs 676 crore on its books. The jump in order books is getting reflected in stock prices of these companies as well. BSL has seen its market cap soar to almost Rs 900 crore from Rs 309 crore at the beginning of 2005. Newly-listed ABG Shipyard has gained 40 percent since its listing in December last year to Rs 1,900 crore. State-owned Cochin Shipyard is also doing well, with 20 ships having been ordered -- 19 of these are foreign orders. Cochin Shipyard had taken a policy decision to concentrate on the overseas business.

13 Feb 2006

Indian Shipbuilders See Profits

Increased spending on offshore exploration & production (E&P) of oil and gas has increased order-book positions of Indian shipbuilders. ABG Shipyard has an order backlog of Rs 1,300 crore, while Bharati Shipyard has pending orders worth Rs 676 crore on its books. A major chunk of these orders is for offshore supply vessels and other such ships used by the oil & gas industry. The jump in order books is getting reflected in stock prices of these companies as well. BSL has seen its market cap soar to almost Rs 900 crore from Rs 309 crore at the beginning of 2005. Newly-listed ABG Shipyard has gained 40% since its listing in December last year to Rs 1,900 crore. State-owned Cochin Shipyard is also doing well, with 20 ships having been ordered — 19 of these are foreign orders.