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BUILD

Ship Sales

Tanker Sentinel - (built 1986) 106,722 dwt sold for $14.4 million. Tanker Bow Explorer - (built 1975) 31,501 dwt sold to Vulcanus for $4 million. Tanker Jo Breid - (built 1981) 26,300 dwt sold to Norwegian buyers for $7.5 million. Bulker Red Rose - (built 1978) 75,720 dwt sold for $2.35 million. Bulker Lionsgate Bulker - (built 1996) sold to London based Greek buyers for $18.25 million. Bulker Litrotis - (built 1981) 64,120 dwt sold at auction in Singapore for $3.5 million. Bulker Al Esraa - (built 1996) 16,113 dwt sold to Greek buyers for $6.6 million. Containership LT Nipponica - (built 1989) 23,741 dwt sold to Greek buyers for $12.5 million. Containership LT Mediterranea - (built 1988) 23,473 dwt sold to Greek buyers for $12.5 million. Containership Tang He - (built 1983) 20,825 dwt , Qing He - (built 1982) 20,829 dwt, and Fen He - (built 1982) 20,828 dwt sold for $9 million en-bloc.


Three Tankers Purchased

Unknown Italian buyers recently purchased three 1979 Japanese-built tankers for a total of $5.9 million. The vessels acquired by the Italians were the Sarpindo Palapa (16,370-dwt), the Sarpindo Primuda (16,319-dwt) and the Sarpindo Pribumi (16,291-dwt). Another tanker sold was the 1986 German-built Leng (10,628-dwt) purchased by unidentified Danish buyers for $11.9 million. Unknown buyers purchased four Japanese-constructed bulk carriers for a total of $32 million.


STX to Set Up Subsidiary in China

STX Shipbuilding Co said Tuesday it plans to make an initial investment of 35 billion Korean Won to set up a wholly-owned subsidiary in , STX () Business, reports said. STX Shipbuilding said in a statement to regulators that STX () Business would be in charge of management and leasing of STX's facilities in . STX Shipbuilding would be the first Korean company to build a shipyard in , and the first Korean-owned overseas shipyard capable of building a whole vessel


Graig Takes Delivery of Bulk Carrier

King Peace before delivery_web.jpg

Cardiff-based Graig Ship Management Limited has taken delivery of the 79,600 dwt bulk-carrier King Peace, for which it is providing full technical management and crewing on behalf of Shanghai-based Zhong An Shipping. The vessel was built at China’s Wu Jia Zui Shipyard under the supervision of Graig China Ltd. Managing ships for Chinese owners is a logical step for Graig, which began business in China in 1995, building ships there for itself


South Australia Seeks Shipbuilding Job Guarantees

Image - Commonwealth of Australia: Navy Imagery Unit

 The South Australian Government has outlined three key points on shipbuilding it wants addressed by the Commonwealth's Defence White Paper next month.   It wants (1) a minimum 70 per cent Australian worker participation in the building, similar to the Collins Class submarines, (2) a guarantee the future naval submarines and frigates will be built in Australia and (3) that the local industry will have a continuous building program.  


IMO Reoccupying its Headquarters

IMO will be fully operational, once again, from its Headquarters on 's Albert Embankment, following a 20-month period in temporary accommodation while the Headquarters building underwent major refurbishment. The first major meeting to be held in the refurbished Headquarters will be the 84th session of the Maritime Safety Committee (7 to 16 May) and the building will be formally re-opened in a special ceremony in mid-June to coincide with the 100th session of the IMO Council.


Crowley’s Corporate Office Achieves LEED Silver

Photo courtesy Crowley Maritime

Crowley Maritime Corporation Chairman, President and CEO Tom Crowley, elected area officials and business leaders gathered at the company's corporate headquarters in Jacksonville to commemorate the completion of Crowley's office building renovation project and its United States Green Building Council LEED (Leadership in Energy and Environmental Design) Silver Award Designation. The Crowley building is only the second building in Jacksonville to attain the LEED Silver award for commercial


HSL to Build Naval Ships

Reports indicate that Hindustan Shipyard Ltd (HSL) of India is set to add naval ships to its order book. The defense ministry is keen to place orders for building naval ships at HSL and a decision is expected by next month, reports said. Mazgaon Docks Ltd, Garden Reach, Kolkata, Goa Shipyard and Cochin Shipyard build most of the naval ships. Among the private firms, ABG Shipyard has built some coast guard ships, while Bharati Shipyard has built some vessels for the Indian Navy.


PPL Shipyard to Build Jackup for Offshore Group Corp.

PPL Shipyard, a subsidiary of SembCorp Marine, has secured a rig building contract worth $155m from Offshore Group Corp. for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jackup Rig. Construction of the jackup rig is expected to commence in December 2006 with delivery scheduled in July 2009. The jackup rig will be built based on PPL's proprietary Baker Marine Pacific Class 375 Deep Drilling design


Suit Filed for Recovery of Oil Spill Cleanup Costs

The U.S. Attorney for the Eastern District of New York issued a press release reporting that the United States filed a complaint against a building owner and management company for recovery of monies expended in responding to and cleaning up an oil spill in Sheepshead Bay in 1999. The complaint alleges that heating oil leaked from the building's underground storage tank and that the building's sump pump pumped the oil into the storm sewer line


VMAG Rolls Out its Marine Refit and New Build Department

Photo supplied by Voyager Maritime Alliance Group (VMAG)

 Voyager Maritime Alliance Group (VMAG) , one of the leading marine technology providers in South Florida, is expanding its already comprehensive list of services by adding turnkey marine services that now encompass the entire refit and new build process.   


Dredger Newbuild Heads to Australia

(Photo: Damen)

A newly built Damen Trailing Suction Hopper Dredger (TSHD) 650 has completed sea trials in Shanghai and is now underway to new owner, Gippsland Ports in Australia on her own keel. The TSHD, named Tommy Norton, is the first Damen dredger built for Australia.   


Kinkasan Maru Gets Ship Heritage Certificate

Kinkasan Maru and engine control console on it. Photo: Mitsui O.S.K. Lines

 Mitsui O.S.K. Lines (MOL) announced that the engine control console installed on the bridge of the Kinkasan Maru was selected for a "Ship Heritage Certificate" from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE).  


US Navy to Commission Gerald R. Ford

Photo: United States Navy

 The Navy will commission its newest aircraft carrier, the future USS Gerald R. Ford (CVN 78), during a 10 a.m. EDT ceremony Saturday, July 22, at Naval Station Norfolk.    USS Gerald R. Ford (CVN 78) is the lead ship of the new Gerald R


India Government Sops for Ship-Repairing Facilities

Indian Prime Minister, Narendra Modi. Photo: PIB

 In order to promote ship building and ship-repair industry in India, the government has formulated a policy of financial assistance for shipbuilding for a period of ten years for contracts signed between 1st April, 2016 and 31st March, 2026.   


New Tug Joins Harley Marine Fleet

(Photo: Caterpillar Marine)

Harley Marine Services has welcomed its newest vessel, Dr Hank Kaplan, to its Puget Sound fleet on June 22. The vessel has a length of 80', a beam of 36' and a depth of 13'7" and is equipped with two 3516C marine propulsion engines that deliver a combined 5,350 HP


Bourque Joins Sea Machines

(Photo: Sea Machines)

Following a recent capital investment and the growing global interest from the marine sector, Sea Machines Robotics said it has been expanding its crew and is poised for further growth, expecting to deliver first generation systems to marine customers this summer.  


Keppel Posts Lower Q2 Profit, Warns on Rig Outlook

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion.   Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market.  


Van Oord Wins Dubai Project

Image: Van Oord

 Van Oord has been awarded the contract for Dubai Harbour marine works, a prestigious mega project in Dubai.   The project, which Van Oord carries out for Projects Link Contracting Co LLC, is the next step in achieving ‘Dubai Tourism Vision 2020’


Odd Lundberg Chooses Rapp Marine Winches

The new Odd Lunberg is due for delivery in 2019. (Image: Odd Lunberg AS)

Rapp Marine said it has received a new order from Odd Lundberg As, marking the third generation of owners from the shipping company who have selected its deck machinery.   “This is the first time the shipping company has selected a high-tech electrical solution


Mega Ship MOL Tribute Under BSM Management

MOL Tribute (Photo: MOL)

Bernhard Schulte Shipmanagement (BSM) has announced that the 20,146 TEU containership, MOL Tribute, came into full management of the Hong Kong Ship Management Center on July 10, 2017. Built by Samsung Heavy Industries in South Korea, MOL Tribute is 400 meters in length having a deadweight of 196


SolstadFarstad Wins Australian Contract

Image: Left - Far Senator, Right - Far Statesman. Photo: SolstadFarstad ASA

 Norway’s offshore vessel provider SolstadFarstad has secured a contract with Australian energy company Cooper Energy to support drilling operations within the Bass Strait region of Australia.   The contract consists of the  two anchor handling tug and supply vessels - Far


Samsung Heavy to Cut Its Workforce

File Photo: Samsung Heavy Industries

 South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce,  and have employees return part of their salaries in order to cut costs, according to Yonhap News Agency.   SHI unveiled a self-restructuring program that centers on cutting


Bureau Veritas Approves Wison's W-FSRP Concept

Photo: Wison

Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation.


CSSC to Build Research Vessels

Photo:  China State Shipbuilding Corp

 China's government controlled China State Shipbuilding Corp (CSSC) is going beyond building navy vessels and making advanced scientific research ships, Xinhua reported.   CSSC has been focussing on defence sector till now. It was the largest supplier of surface combatants to the






 
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