The National Shipping Company of Saudi Arabia (Bahri) subsidiary Bahri Dry Bulk (owned 60% by Bahri and 40% by Arasco) has taken delivery of the vessel 'Bahri Bulk' from shipbuilders in Japan. Bahri inform that this is the third vessel delivered from the 5 vessels that were contracted from leading Japanese shipyards in 2012. The financial impact of the delivered vessel will materialize during the first quarter of 2014G. They explain that these vessels have a capacity of 82,000 dwt and length of 229 meters, consumes less fuel and are considered to be eco-friendly. Bahri Bulk originally started its operations by chartering 5 vessels and chartering them out to Arasco which will be replaced by the delivered vessels. There are two vessels remaining under construction which are expected to be delivered in the first half of 2014G.
The National Shipping Company of Saudi Arabia (Bahri) receive the 'Bahri Hofuf' from the South Korean shipyard Hyundai Mipo. The new 26,000 dwt general cargo ship is the second vessel delivered from the six vessels that were contracted by the Company with this shipyard in 2011 for a total value of SAR 1,543 million. Bahri has four general cargo vessels remaining under construction at Hyundai MIPO in South Korea with delivery expected to take place during 2013 and the first half of 2014.
Qatar Gas Transport Company (Nakilat) is investing $11.5b in its bid to become the largest owner of LNG/LPG tankers fleet by the end of the decade. The plan is to acquire 60 ships by 2010 to ferry liquefied natural gas and liquefied petroleum gas worldwide, Nakilat vice-chairman Faisal M Al-Suwaidi is quoted to have said in a report in the Gulf Times. While 46 tankers are meant for LNG transportation, the rest will be used for liquefied petroleum gas supply
In the midst of a significant down turn in the worldwide demand for new crewboats, Strategic Marine is delivering vessels from their Singapore shipyard as well as their new Mexican yard. Recently delivered from the Singapore shipyard the 101.7-ft by 24.6-ftr crew boat Colibri I. Built for Indonesias Baruna Raya Logistics the new vessel is the fourth such vessel delivered to the Indonesian company. With seating for 50 rig workers and accommodations for up to eight crewmembers
Damen Shipyards has unveiled a completely new Wind Farm Service Vessel (WSV) to support and accommodate turbine maintenance crews at sea and allow them to “Walk-to-Work.” After industry-wide consultation, the vessel has been designed from first principles to provide on-site work facilities and accommodation for 45 maintenance personnel plus 15 crew for voyages of up to one month. “There is a growing trend for wind turbines to be located further from shore
Tuco Marine has delivered the first vessel specially designed and equipped for pilot services to the shipping company Sea Charter A/S. The vessel, a ProZero 12m DC built at Tuco´s facilities in Faaborg, has been chartered to the Danish National Pilot Service Company DANPILOT, who will use the boat in a new flexible internal boat program. The ProZero 12m DC will enter service at several of DANPILTS pilot stations during the charter.
VT Halter Marine Inc., a subsidiary of Vision Technologies Systems Inc., signed a $5.2 million contract with Tide Leasing Company, L.L.C., of Birmingham, AL to build a stevedoring crane barge. The 200 x 75 x 14.5-ft. foreign flagged vessel will be classed by Lloyd’s Registry Class Designation + 100AN deck barge. Hydralift AmClyde Inc., (AmClyde) will supply the crane for the project. VT Halter Marine plans to complete the barge construction at its Mississippi-based Pascagoula Operations
GulfMark Offshore, Inc. announced the results of operations for the three- and nine-month periods ended September 30, 2010. For the three months ended September 30, 2010, revenue was $94.5 million. Net income for the same period was $19.2 million, or $0.75 per diluted share. The results for the quarter ended September 30, 2010, include a gain of $5.2 million, or $0.21 per diluted share, on the sale of the 1998-built North Traveller, a PSV operating in the North Sea. Results of Operations
Grandweld Shipyards delivered “Fujairah Pilot I” to Ports of Fujairah. The vessel was part of contract to design, build and deliver two sister pilot boats. The 21M “Discovery Class” design has already built a solid reputation for providing highly efficient pilot services. The advanced double chine hull design and all round fenders ensures quick and safe pilot transfer in all weather conditions
PortVision launches $500,000 grant initiative to help improve U.S. Port & Waterway efficiency, safety and security. PortVision®, a leading provider of business intelligence solutions for the maritime industry, launches the PortVision CONNECT initiative, which includes a $500,000 commitment to fund the development and implementation of web-based solutions that help non-profit maritime organizations enhance port and waterway efficiency, safety and security for their stakeholders
Wärtsilä has been contracted to provide the waterjets for a new high speed ferry being built by the Incat Tasmania yard in Australia for Malta based Virtu Ferries. When delivered, this vessel will be the largest high speed catamaran operating in the Mediterranean Sea
A 5.5 year bareboat charter agreement between Polarcus Limited Norwegian subsidiary Polarcus Amani AS and SCF GEO AS (Sovcomflot) has been signed, and the vessel delivered to Sovcomflot in Bergen. The vessel was delivered without streamers
Despite the shipbuilding industry being under great pressure, global deliveries have exhibited some resilience and increased in 2015 and 2016 in dwt terms, says a report by Clarksons Research. However, due to the multi-cyclical nature of shipping
Navios Maritime Partners, an international owner and operator of drybulk and container vessels, announced that it has agreed to acquire one 2010-built Capesize vessel of 178,132 dwt for a purchase price of $27.5 million. The vessel is expected to be delivered to Navios Partners'
Songa Bulk has sealed two more bulker acquisitions as its fleet. According to a report in Reuters, the company entered into an agreement to acquire two kamsarmax bulk carriers built in 2008 at tsuneishi japan (82,107 dwt) and 2011 at hyundai samho korea (81,502 dwt).
The German navigation system integrator Raytheon Anschütz has won a contract for the supply of a Synapsis Integrated Navigation System (INS) to an advanced research vessel. VARD Holding Limited, a major global designer and shipbuilder of specialized vessels
The Bristol Port Company has taken delivery of a Damen Shoalbuster 2308S. Modified with several customized options, the vessel will be able to take on a multifunctional role that includes plough dredging, towing, pilotage and survey duties. This is the first contract between Damen and the Bristol
Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) an international owner and operator of drybulk and container vessels, announced today that it has agreed to acquire two panamax vessels, 2007 South Korean-built of about 75,000 dwt for a total of $27.0 million
Alabama shipbuilder Horizon Shipbuilding, Inc. said it has delivered the second of 13 NYC Ferry vessels being built for NYC Ferry Operated by Hornblower, which will launch this summer. With sea trials and U.S. Coast Guard certification now behind her
Odfjell finalized the shipbuilding contracts with Hudong-Zhonghua Shipbuilding (Group) CO., Ltd in China to build a pair of chemical tankers. The two vessels will be 38,000 dwt, both with 40 tanks and a cargo capacity of about 45,000 cbm. Both vessels will be prepared for dual fuel solution
The Wison-LNG-Distributor (LNGD) is a new multi-functional carrier with scalable capacity between 5000 to 20,000 cu. m. Wison-LNGD integrates the functions of LNG loading, bunkering and container delivery, which could make regional LNG redistribution more affordable and efficient.
In early April DCNS delivered the FREMM multi-mission frigate Auvergne to the French Navy, the fourth of the series ordered by OCCAR1 on behalf of the DGA (French armament procurement agency). Delivery of the FREMM multi-mission frigate Auvergne is the result of a design and construction process
DryShips Inc has entered into a one year time charter with a major grain house for one of its 206,000 dwt Newcastlemax drybulk vessels for an expected duration of about one year. The Company anticipates a total gross backlog of $7
Wilson Sons Limited announces to its shareholders that the shipyard subsidiary Wilson Sons Estaleiros Ltda, has signed a contract to construct two azimuth tugboats for Saam Smit Towage do Brasil S.A. (Saam Smit), to be delivered within twenty months of payment of the first installment of each
Wärtsilä is to supply the engines and other propulsion machinery for a new offshore construction vessel being built at the Cosco shipyard in China. The ship owner is Belgian operator Dredging International (DEME). This will be the first vessel of its kind to be fueled by liquefied