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New Dry

Senesco, Caddell Sign Contract for a Dry Dock

Senesco Marine, North Kingstown Rhode Island has signed a contract for the construction of a 120 x 420-ft., 7300 long ton hauling capacity Dry Dock, with Caddell Dry Dock and Repair Company, Inc., of Staten Island, NY. The announcement was made by Senesco Marine, North Kingstown, Rhode Island, Tom Johnson, Vice President Business Development, “We are pleased to announce the contract award by Caddell Dry Docks & Repair Co’s. new dry dock. Steve Kalil, President of Caddell’s stated that after Senesco delivered a new dry dock in July of 2011 it was easy to execute the second new build given the quality and workmanship we experienced throughout the construction.    


Box Prices Rise for the First Time in 2 Years

Photo: Drewry

Drewry’s latest Container Equipment Insight, exclusive to subscribers of Drewry’s Container Leasing and Container Census reports, saw prices for new dry freight containers increase in the opening months of 2014 for the first time in two years. Standard box prices declined gradually throughout 2013, falling by late in the year to their lowest point since 2009, and they have so far barely managed to recover 10% by April 2014


Conrad Completes New Drydock, Outlook Good In 2001

Conrad Industries, founded in 1948, specializes in the construction, conversion and repair of marine vessels for commercial and government customers and the fabrication of modular components of offshore drilling rigs and floating production, storage and off-loading vessels. The company currently operates three shipyards located along the Gulf Coast in Morgan City and Amelia, Louisiana and Orange, Texas. William H. Hidalgo, president and CEO of Conrad said


SENESCO Announces Barge Contract

The Southeastern New England Shipbuilding Corporation (SENESCO) announced today that it has signed a major barge contract for construction of a 171-foot hopper barge that will have a holding capacity of 2,750 cubic yards. Construction has already begun and is expected to be completed this fall. The barge is being built for Disch Construction of Summit, New Jersey who will use the barge to transport dredge spoils. Today’s news coincides with SENESCO’s announcement of a major expansion of


Lyon Shipyard Christens New Dry Dock

After more than nine months living part time in Rhode Island, Lyon Shipyard Project Manager Jimmy Yellen will return home with a brand new dry dock. During that time, Yellen oversaw the construction by Senesco Marine of the dry dock for Lyon Shipyard in Norfolk, Va. The dry dock will be used for handling deep draft tugs. It measures 200 ft. long with a 108-ft. beam and is able to handle a capacity of 3,800 long tons. “This dry dock is very important for us at Lyon,” said Yellen


New Abu Dhabi Ship Repair Yards Operational

DRY DOCK & WET BERTHS located at ABU DHABI NEW FREEPORT

  Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations and has carried out afloat and dry docking jobs on more than thirty vessels. The Dock is able to accommodate vessels up to 2,000 tons and 80m LOA while wet berth space is available up to 400m. This facility confirms Nico International’s strong reputation in the region as a professional service provider


Delivery: Bollinger Delivers the "New" Elsa Leigh

Bollinger Shipyards last month re-delivered the 254-ft. supply boat, Elsa Leigh, to Aries Marine Corp., of Lafayette, La., which is the new name for the former Seacor Clipper following extensive renovation at Bollinger's Morgan City shipyard. The new name is in honor of Elsa Leigh, the four year-old daughter of Courtney B. Ramsay, vice-president of Aries Marine. "This is the kind of project we love," said Donald "Boysie" Bollinger, chairman and CEO of Bollinger


Bollinger Re-Delivers Elsa Leigh To Aries Marine

Bollinger Shipyards, Inc., Lockport, La., has re-delivered the 254-ft. supply boat, Elsa Leigh, to Aries Marine Corp., Lafayette, La. While it looks like a new vessel, Elsa Leigh is the new name for the former Seacor Clipper after an extensive renovation at Bollinger’s Morgan City shipyard. The new name is in honor of Elsa Leigh, the four year-old daughter of Courtney B. Ramsay, vice-president of Aries Marine. “This is the kind of project we love,” said Donald “Boysie” Bollinger


New Dry Dock Code

The UK Ministry of Defense (MoD) Defense Equipment and Services has commissioned Gifford, BMT Marine Projects Ltd, and Fleet Support Limited to produce a new Dry Dock Code of Practice. Clearly focused on the goal of safe dry-docking, the Code is aimed at the MoD, shipyards and other military and civil organizations involved in the dry docking of mono-hulled surface ships of over 500 tons. The Code provides a comprehensive and methodical framework for ship and dock owners and operators to


Container Equipment Leasing Rates Hit Record Lows

Development of per diem rental rates and ex-factory prices for newbuild 20ft standard container placed on long-term operating lease (LTL), 2004-16 (Source: Drewry Maritime Research)

Container equipment rental rates came under renewed pressure in 2014 and by mid-2015 new dry freight pricing was at a 10-year low, while lease rates had fallen to an all-time low, according to the latest edition of the Container Leasing report published by global shipping consultancy Drewry. Similarly, used dry freight container prices have also reached a five-year low, largely in line with the decline in new equipment costs and also because of increased resale volumes.   


Diana Addendum to Time Charter with Rio Tinto

Sideris GS. Photo: Diana Shipping Inc.

 Diana Shipping, through a separate wholly-owned subsidiary, has agreed to extend and increase the time charter rate of the present time charter contract with Singapore-based Rio Tinto Shipping (Asia) for one of its Capesize dry bulk vessels, the m/v Sideris GS.  


Interior Refit for Cunard's Queen Victoria

Queen Vic Exterior (Photo: Cunard)

McCue Crafted Fit secured a repeat order from Cunard to refit the shops and art gallery on board its luxury liner, Queen Victoria. This follows the remastering of aspects of the Queen Mary 2 (QM2) in Hamburg, Germany in 2016. The £34 million ($43 million) refit comprises of an upgraded and


Grand Bahama Shipyard Appoints UK Representative

Carnival Glory (Photo: GBS)

Grand Bahama Shipyard and L&R Midland (UK) Ltd have signed an exclusive agency agreement covering the U.K. markets effective June 1, 2017.   Caribbean shipyard Grand Bahama Shipyard (GBS) has engaged L&R Midland (UK) as its representative in the U.K


USS Constitution Refloated

Photo: United States Navy

 After a two-year restoration at historic Dry Dock 1 at Charlestown Navy Yard, Boston National Historical Park, America's oldest commissioned warship, USS Constitution was refloated July 23.   Since entering dry dock on May 18, 2015


Golden Ocean CEO Takes Comfort in Dry Bulk Order Book at 15-year Low

** Dry bulk shipper Golden Ocean's CEO Birgitte Ringstad Vartdal says industry now faces more positive outlook after market brutal downturn ** Says demand is picking up, supported by increase in steel consumptions both in China and in the rest of the world; coal demand is a swing factor


Algoma, Nova Marine Form JV

Pic:  Algoma Central Corporation

 Canada-based Algoma Central Corporation  and Switzerland's Nova Marine Carriers SA  have announced that they are exploring an expanded partnership that is expected to lead to the creation of a global company specializing in short-sea dry bulk shipping.    


Grand Bahama Shipyard Starts 2017 Strong

CCL Dream (Photo: Grand Bahama Shipyard)

Grand Bahama Shipyard Limited reports an active start to 2017 for cruise ship repair, refurbishment and revitalization   Caribbean shipyard Grand Bahama Shipyard Limited (GBSL) said it will complete work on 10 cruise vessels within first quarter of 2017


Dry Bulk Fleet Grows as Supply Surges -BIMCO

© Faraways / Adobe Stock

As the dry bulk fleet grew by 2.6 percent year on year in January 2017 it exceeded 800 million DWT. This was due to dry bulk demolition being half of what is was in January 2016, while total dry bulk deliveries reached its highest level since January 2013.


Case Study: 18-day Exhaust Gas Scrubber Install

Rigging the scrubber section into the ship. (Photo: Goltens)

Goltens was contracted by a large cruise vessel owner to undertake the installation of two exhaust gas scrubbers on one of its ships to comply with sulfur emissions regulations. The vessel is powered by four GMT/Sulzer 16ZAV40S and two GMT/Sulzer 12ZAV40S diesel electric generating sets.


India's Cochin Shipyard Gears up for IPO

Photo: Cochin Shipyard Ltd

 Cochin Shipyard Ltd (CSL),  India's largest public sector shipyard, has filed  initial public offering (IPO)document with  the market regulator Securities and Exchange Board of India (SEBI)  to go public.  The government approved a stake sale of up to 25 percent.


NovaAlgoma Short-Sea Carriers Launched

Photo: NovaAlgoma Cement Carriers (NACC)

 Algoma Central Corporation and Nova Marine Carriers SA today announced the creation of a new joint venture that will focus on short-sea dry-bulk shipping for global markets.    This new joint venture, operating as NovaAlgoma Short-Sea Carriers, or NASC


Diana Shipping Gets Time Charter Contracts for Three Vessels

Photo: Diana Shipping Inc

 Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v New York.    The gross charter rate is US$14,450 per day


Southeast Asia's Largest Concrete Floating Dry Dock Launched

Peleke Nui (Photo: GL E&C)

Southeast Asia’s largest concrete floating dry dock has been launched by Singapore’s marine engineering company, GL Engineering & Construction Pte Ltd (GL E&C).   Built in Batam, Indonesia with a local sub-contractor


New Floating Dry Dock for Marisco in Hawaii

Photo: GL Engineering & Construction Pte Ltd.

A new concrete floating dry dock has been launched by Singapore marine engineering company GL Engineering & Construction Pte Ltd (GL E&C). Built in Batam, Indonesia with a local subcontractor, the $12 million dry dock named Peleke Nui has been commissioned by an American company


Diana Adds Post-Panamax Bulker, Bags Contracts

Photo: Diana Shipping

 Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Phaidra (formerly “Soya May”), a 2013 built Post-Panamax dry bulk vessel of 87,146 dwt that the Company entered into an agreement to purchase in April 2017.  






 
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