Marine Link
Tuesday, October 17, 2017

Four Vessels

Aker Yards to build four PSV’s

Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany and Aker Yards announced that it has signed an agreement to build four Platform Supply Vessels (PSV's) of the type UT 755 LN at Aker Yards in Norway. The value of the contract is approximately $89.8m. Nordcapital has an option for an additional four vessels that will have to be declared by the middle of May 2006. The four vessels are scheduled for delivery from the fourth quarter in 2007 to the second quarter 2008, and will be built at a combination of company’s yards in Norway

Eight Vessel Order Signals Good Times are Back in GOM?

Hornbeck-Leevac Marine Services, Inc. announced today that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. This is the company's third such program since its inception five years ago - the first two were seven and six vessel programs, respectively. The current plan is to build eight additional state-of-the-art, deepwater OSVs, with construction of four 240-ft

Rickmers-Linie Expands Heavy Lift Fleet

"A plan of Rickmers four multipurpose heavy lift vessels on order from the SADRA Shipyard in Busheher. They are scheduled for delivery between July 2007 and July 2008." Rickmers-Linie, the Hamburg based global breakbulk, heavy lift and project specialist, has ordered four multipurpose heavy lift vessels from the SADRA Shipyard in Busheher. They are scheduled for delivery between July 2007 and July 2008. The newbuildings have been purpose-designed for the carriage of breakbulk

Bergensen Makes Final Negotiations on LNG Contract

Bergesen has agreed with Nigeria LNG Limited (NLNG) on a preliminary agreement for the employment of four LNG-carriers for a minimum of 20 ½ years from delivery. Final contract is subject to NLNG making its final investment decision on its further extension called NLNG Plus. Subject to same investment decision, Bergesen will enter into an agreement with Daewoo Shipbuilding & Marine Engineering Co. Ltd., Korea, to build the vessels

Cargotec to Deliver RoRo Equipment

In June, Cargotec signed a contract with Hyundai Mipo Dockyard Co. Ltd in South Korea to deliver MacGregor RoRo equipment for four deepsea ConRo vessels to be built for a Saudi Arabian owner. The contract includes 1600 tons of MacGregor equipment for each of the four vessels, including jumbo quarter ramps, stern doors, ramp covers, bulkhead doors, and two levels of hoistable decks and movable access ramps, all of which will be delivered in 2012-13.

China Shipbuilder Wins Capesize Bulker Contracts

Shanghai Waigaoqiao Shipbuilding: Photo courtesy SWS

Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships. The contract with undisclosed European owners has the option for a further four vessels to be delivered if required. The vessels will adopt Waigaoqiao’s newly developed sixth generation design for 180,000dwt capesizes which will reduce oil consumption by 20% and improve transport capacity by 30% compared to its previous design.

BP Shipping Orders VLITs

BP Shipping has ordered two Very Large Inland Tankers (VLIT’s) with a capacity of some 10,300 cu. m. each. The Breko shipyard from the city of Papendrecht (close and southeast to Rotterdam) is also going to build two smaller, 1,500 cu. m., tankers for lubricants. All four vessels will have double hulls.

Stealthgas Receives New LPG Ship

stealthgas.bmp

STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the delivery of Gas Cerberus, new charter arrangements for three vessels, the sale of four vessels and first quarter 2011 financial results release date, conference call and webcast.   Update on Newbuilding Program: On April 20, 2011, the Company took delivery of the 5,000cbm LPG carrier, Gas Cerberus

Otto Marine Builds 4 Vessels for PTK

Photo: Otto Marine

Otto Marine’s Shipyard delivered four newbuild vessels worth a total contract value of $36.6 Million   Otto Marine Limited, an offshore marine group which owns and operates a large fleet of offshore support vessels with a worldwide presence, complemented by a technically proven shipyard, announced today that its shipyard, PT Batamec, has completed the construction of two units of harbor tug and two units of anchor handling tug supply (AHTS) for PT Pertamina Trans Kontinental (PTK)

SCF's New Icebreaker Named Gennadiy Nevelskoy

Photo: Eric Haun

A naming ceremony was held January 30 for SCF Group’s new icebreaking platform supply vessel (IBSV), Gennadiy Nevelskoy, named after a famous explorer of the Sakhalin Island and the Russian Far East   Built by Arctech Helsinki Shipyard, the Russian flagged Gennadiy Nevelskoy (deadweight 3,000 metric tons) will home port in Saint Petersburg and was commissioned by SCF under a long-term agreement with Sakhalin Energy

Vigor to Build US Army Landing Craft

(Image: Vigor)

The U.S. Army has chosen the Vigor design for its Maneuver Support Vessel (Light), MSV(L), a new generation of landing craft to replace the aging LCM-8 Mike boats.   “This award is the culmination of a five year process of research and development that first began with Kvichak prior to its merger with Vigor,” said Frank Foti, Vigor CEO. “We are grateful for the exceptional work done by our entire team and honored to have been selected to serve the Army in this

Euroseas Acquires New Vessels

File Pic: Euroseas Ltd

 Euroseas  announced that it took delivery of M/V EM Athens, a feeder containership of 2,506 teu built in 2000 that the Company agreed to acquire last month from Euromar, a wholly-owned subsidiary of the Company that previously was partially owned by the Company.    M/V EM Athens was acquired along with EM Oinousses, a feeder size containership also of 2,506 teu built in 2000.   The Company also announced today that it exercised its option to purchase from Euromar

U.N. Bans Four Ships over N.Korea Coal, U.S. Mulls Four More

File Image (CREDIT: AdobeStock / (c) )

The United Nations Security Council has banned four ships from ports globally for carrying coal from North Korea, including one vessel that also had ammunition, but the United States postponed a bid to blacklist four others pending further investigation.   The vessels are the first to be designated under stepped-up sanctions imposed on North Korea by the 15-member council in August and September over Pyongyang's sixth and largest nuclear test and two long-range ballistic missile launches

SCF's New Icebreaker Named Fedor Ushakov

(Photo: Sovcomflot)

Russia’s PAO Sovcomflot (SCF Group) currently operates 10 vessels that serve the Sakhalin-2 project, including three oil tankers, two liquefied natural gas (LNG) carriers and five icebreaking supply and standby vessels.    Its latest addition to this specialized fleet, a newly built multifunctional icebreaking standby vessel (IBSBV), was formally named Fedor Ushakov at a ceremony on October 11.  

Nakilat Ends H12017 with $112 Mln Net Profit

Nakilats flagship, QMax Mozah. Photo: Qatar Gas Transport Company

 Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last year in 2016.  The lower profit was mainly attributed to the lower number of charter hire days in the current period compared to the same period last year (2016 was a leap year)

Navios Group Rolls Out Containers Division

Photo: Navios

 Navios Group has  launched Navios Containers, a vehicle dedicated to the container sector. Navios Containers has the right to acquire all containerships offered to the Group, said Angeliki Frangou, Chairman and Chief Executive Officer.   Navios Containers used the proceeds of the private placement, which was  closed on June 8, 2017, to acquire five 4,250 TEU vessels from Navios Partners for a total purchase price of $64.0 million.   

Saudis Stop Tankers From Entering Yemen, UN Says

A Saudi-led military coalition and the government of Yemen denied four oil tankers access to a Yemeni port last week, a move that could hurt the flow of aid and exacerbate a cholera outbreak in the country, a United Nations agency said. The vessels were on their way to Hodeidah, a Red Sea port controlled by the rebel Houthi movement that is aligned with Iran. Saudi Arabia, a regional rival of Iran, is leading a military coalition fighting the Houthis.

CMA CGM Launches Direct Service to Black Sea

Map: CMA CGM

In line with its strategy for the development of short lines in the Mediterranean and Black Sea, the CMA CGM Group has rolled out the Black Sea Med Express service, which connects the major countries around the Black Sea (Turkey, Romania and Ukraine) to Algeria and Morocco. The service will be CMA CGM's first to offer a weekly connection between the main ports of the Black Sea and Aegean Sea with the North of Morocco (Tangier and Casablanca) and Algeria (Annaba) in order to develop the

Crowley Supports Platform Tow-out, Installation in US Gulf

(Photo: Crowley)

Crowley Maritime Corp.’s ocean class tugboats and 455-series high-deck strength barges recently played an integral role in the tow-out and installation of Hess’ Stampede tension-leg platform (TLP) in the deep waters of the U.S. Gulf.   Demonstrating both nearshore and offshore capabilities, six Crowley vessels worked together alongside other third-party assets to deliver the oversized, overweight platform, tendons and other equipment from the Kiewit facility in Ingleside

SITC Shipowning Orders Four Newbuilds

Photo:  SITC International Holdings Co., Ltd

 SITC Shipowning, a wholly-owned subsidiary of SITC International Holdings Co, has exercised the options for the construction of two container vessels, said a company release.   SITC Shipowning also entered into the New Shipbuilding Contracts with the Builder for the construction of two additional container vessels.   The four vessels to be constructed under the Option Contracts and the New Shipbuilding Contracts are 1,011 TEU class gearless container vessels

TORM Updates Fleet Status

Photo: TORM

 Denmark-based shipping company TORM sold three vessels: TORM Anne (1999-built MR vessel), TORM Madison and TORM Trinity (both 2000-built Handysize vessels) during the first six months of 2017.   Furthermore, TORM completed sale and leaseback transactions for three vessels: TORM Helene, TORM Mary and TORM Vita. The three sale and leaseback transactions are treated as financial leases but have no purchase obligation attached.   

GE to Provide Maintenance to TMS Cardiff Gas’ LNG Fleet

Corcovado LNG (Photo: GE)

GE’s Marine Solutions and TMS CARDIFF GAS Ltd. have signed a service agreement that will see GE undertaking the support and maintenance of four TMS LNG vessels—Corcovado, Kita, Palu and Yari—for the next 10 years. GE will provide maintenance services to TMS fleet’s electric propulsion system, including providing parts to the propulsion motors, medium-voltage drives, generators and switchboard

SCF's Balancing Act in Tanker Market

Ice-breaking LNG carrier Christophe de Margerie. Photo: PAO Sovcomflot

 Despite the turbulent conditions seen in conventional markets, SCF Group has continued to demonstrate resilience whilst remaining able to position itself to take advantage of the future upswing in these markets when it comes.   The first half of 2017 was very challenging for global tanker markets, with spot freight rates in all market segments nearing their historic lows. This has impacted severely upon the profitability of those owners focused solely on conventional shipping

Euroseas Acquires Vessels and Full Ownership of Euromar

File Photo: Euroseas Ltd

 Euroseas announced that it signed a memorandum of agreement to purchase the M/V EM Athens and EM Oinousses, both feeder size containership vessels of 2,506 teu built in 2000.   The Company also announced that it acquired the option to purchase from Euromar two additional container vessels, the M/V EM Corfu, a feeder size containership vessel of 2,556 teu built in 2001, and the M/V Akinada Bridge, a post-panamax size container vessel of 5,600 teu built in 2001 until September 30

Crowley Sends Cargo Flow to Puerto Rico for Hurricane Relief

(Photo: Crowley)

Crowley Maritime Corp. announced that it has established a flow of relief cargo into San Juan, Puerto Rico, following Hurricane Maria, the devastating Category 4 storm that made direct impact with the island on Wednesday.     To make this possible, Crowley has four vessels loaded with a mix of relief and commercial cargo currently en route to the company’s Isla Grande terminal in San Juan, with two more scheduled to follow

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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