Sentinel Marine Orders Four ERRV's
Sentinel Marine orders four multi-role offshore support Emergency Response and Rescue Vessels ERRV’s from Nam Cheong. The new vessels will feature Dynamic Positioning systems, redundancy of propulsion and thruster systems, cargo carrying capabilities and advanced rescue and recovery equipment. Designed to work in the North Sea; one of the harshest environments in the world, particular attention has been placed on sea-keeping, crew comfort and fuel efficiency. The vessels will deliver through Q3&Q4 2014 and there are options for a further four vessels included in the contract. With offices in Aberdeen, Scotland, and Singapore, Sentinel Marine presently has 2 AHTS and 5 PSV’s on order in addition to this latest order.
Hanjin Wins $294M In Orders
Hanjin Heavy Industries won orders totaling $294 million to build 10 ships for a Dutch firm, a German firm and one other European company. Hanjin Heavy said in a statement that Dutch firm Vroon B.V. ordered two 1,600 teu containerships and two 30,000 dwt chemical ships, worth a total of $96 million. It said Germany's Rickmers Reederei GmbH & Cie KG had ordered four 1,200-teu containerships worth $78 million and one other European company had ordered two 5
Grimaldi Orders Four From Fincantieri
Grimaldi Group Naples, through its companies Industria Armamento Meridionale (INARME) and Grimaldi Compagnia di Navigazione (GRINAVI) has ordered four ships from Fincantieri, with an option for a further two. The overall value of the order, excluding options, is approximately 360 million Euros. INARME has ordered two cruise ferries for delivery in 2007 and GRINAVI two RoRo-pax ships, i.e. vessels to transport passengers, trailers and vehicles, for delivery in 2008
Becker Mewis Duct: The Largest Ever Built
Becker delivered an eight-meter-diameter version of its prime energy saver for VLCC Becker Marine Systems has delivered the largest Becker Mewis Duct ever made with a diameter of 8.10 m for the construction of Very Large Crude Oil Carriers (VLCC) at Hyundai Samho Heavy Industries for Samco Shipholding, Singapore. Initial sea trials of the new VLCC with a length of 319.0 m have proven once more the excellent rate of power savings provided by the Becker Mewis Duct
Struggling SNCM Ferry Operator to Order 4 Ships
Reuters - Loss-making France-Corsica ferry operator SNCM, which is partly owned by French water and waste group Veolia Environnement, plans to order four new ships, an SNCM spokesman said on Friday. The spokesman said the board had approved deals for four new ferries, two of them firm orders and two of them purchase options, to renew the fleet as part of a restructuring plan for the firm. He did not provide details on the vote or explain how the ferry operator plans to finance the
TMS Cardiff Orders Two More LPG Carriers
The Economou family's TMS Cardiff Gas Ltd. has exercised options on its contracts with Hyundai Heavy Industries of Korea for the construction of an additional two 78,700 cbm LPG carriers. Both vessels are scheduled for delivery in Q4 2017, when they will enter into ten year timecharter contracts with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group. The vessels will be tradeable across both, the new and old Panama canal
MISC Orders LNG Carriers
Malaysian International Shipping Corp. is fortifying its position in the fast growing market for the carriage of Liquefied Natural Gas (LNG), today reportedly converting an option for two liquefied natural gas ships into firm orders, bringing total oustanding orders to six. MISC is already one of the world's largest LNG tanker operators, and it also also plans to buy four 6,800-TEU, post-Panamax containerships for delivery in 2002-2003.
MacGregor Heavy-lift Electric Cranes Ordered for Nordana MPVs
MacGregor, part of Cargotec, has won a contract to deliver four 250-metric-ton heavy-lift electric cranes to two 12,000 dwt multipurpose vessels (MPVs) for a Danish operator Nordana. As part of a fleet refurbishment plan, the long-established Danish operator, Nordana, ordered four heavy-lift versions of MacGregor's variable frequency drive (VFD) electric cranes which are scheduled for delivery during 2014 and 2015.
Far East Shipyards Bag the Week's Newbuilding Orders
South Korea, Japan and China shipyards update their order books with a clean haul of ocean-going newbuilding contracts, detailed as follows in the latest Clarkson Hellas S&P Weekly Bulletin. Drybulk carriers Clarkson Hellas report a few orders in dry, starting with the American fund Doonbeg Group ordering four firm plus four option 64,000 DWT Ultramax at Zhejiang Yangfan in China for delivery in 2015 and 2016 for the firm vessels
Sea Chest Blanks Ordered for Gina Krog FSO
Teekay Shipping has ordered four sea chest blanks from Norwegian magnetic technology specialists, Miko Marine. The closures will be delivered in August for use on the former shuttle tanker Randgrid which is currently undergoing a $220 million conversion into the Gina Krog floating storage and offloading (FSO) vessel in Sembawang dockyard in Singapore. Conversion work includes the installation of an internal turret mooring system and on completion the new FSO will be operated by Teekay on
Knutsen Orders Four ME-GI Engines
Norwegian operator Knutsen OAS Shipping has ordered four MAN B&W 5G70ME-GI engines with EGR systems in connection with the construction of two 180,000 m3 liquefied natural gas (LNG) tanker newbuildings. Upon delivery in 2020, the vessels will transport cargoes worldwide for two Spanish utility companies. According to the engine’s manufacturer MAN Diesel & Turbo, the order follows the increasingly popular path initiated by Gas Natural Fenosa
Aqualiner Orders Four Damen Waterbus Vessels
Recently, Aqualiner signed a contract with Damen Shipyards for four Damen Waterbus 2407 vessels. The waterbuses will provide public transport services in the Belgian city of Antwerp, as part of a wider transportation program also including land-based public transport services and road improvement schemes. This is the first order for the new Waterbus 2407. Although new, the Waterbus 2407 is based on proven solutions developed by Damen’s in-house R&D team
SITC Shipowning Orders Four Newbuilds
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
MAN Gensets Delivered for Italian Patrol Vessel
Following an order won in October 2016, MAN Diesel & Turbo SE has delivered gensets for the first of new series of Italian Navy offshore patrol vessels (OPV) and has secured an order for second shipset. After the successful factory acceptance tests (FAT) in July 2017 witnessed by a delegation from the Italian Navy, MAN Diesel & Turbo SE has delivered four MAN 12V175D generating sets to Fincantieri Muggiano Shipyard
Young Brothers Orders Four New Tugs from Conrad
Young Brothers, Limited, Hawai‘i’s largest inter-island cargo service provider, and Conrad Shipyard, signed a contract to build four new tugs, a nearly $80 million investment that is designed to support Young Brothers’ overally service efficiency. The first tug will be delivered in the first quarter of 2018, and the fourth by the first quarter of 2019. “Our investment in these new tugs will directly support and further our commitment to frequent, reliable
LNG: Did the Greeks Get it Wrong?
In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the LNG carrier orderbook had been ordered by Greek owners. Billions of dollars in CAPEX were being pumped into natural gas exploration, as well as building infrastructure such as liquefaction and export terminals, especially in the US
BG Freight Line Orders Four Containerships
BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services. The new class of ‘green’ vessels has been developed by BG Freight Line operation with ARKON Shipping as project initiator/commercial manager, technical managers Jüngerhans Maritime Services and designers CIMC ORIC.
Two VLCCs Delivered to Gener8 Maritime
Gener8 Maritime, Inc., a U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of two very large crude carriers (VLCC). The Gener8 Perseus was delivered September 9, 2016 from Hyundai Heavy Industries Co., Ltd., and the Gener8 Oceanus on September 12, 2016 from Hyundai Samho Heavy Industries Co., Ltd. Upon delivery, both tankers entered Navig8 Group's VL8 Pool.
Odffjell to Build Record Size Stainless Steel Chem Tankers
Odfjell has ordered four chemical tankers (with options for an additional four) with stainless steel cargo tanks from China Shipbuilding Trading CO., Ltd. and Hudong-Zhonghua Shipbuilding (Group) CO., Ltd. The ships cost $60m each. The 49,000 dwt ships, with a cargo capacity at 54,600 cbm, reportedly makes them the world's largest stainless steel chemical tankers, according to the Norwegian owner. "We are very happy with the agreement we have signed today
CNCo Christened MV Tunsin at Imabari Shipyard
The China Navigation Company (CNCo) christened its last newbuild bulk carriers, MV Tunsin, on 16 November at the Imabari Shipyard in Japan. Tunsin is the 241st CNCo newbuilding and the 86th vessel in this series. CNCo ordered four handysize bulk carriers (Imbari38 loggers) from Imabari Shipbuilding in 2014. Deliveries of the first three vessels, MV Taiyuan, MV Tientsin and MV Tsingtao took place between July and October this year
Naming Ceremony for CNCo Newbuilding
Following the naming of its new cement carrier, MV Aotearoa Chief, in New Zealand yesterday, The China Navigation Company (CNCo) christened its last newbuild, MV Tunsin, on 16 November at the Imabari Shipyard in Japan. Tunsin is the 241st CNCo newbuilding and the 86th vessel in this series. CNCo ordered four handysize bulk carriers (Imbari38 loggers) from Imabari Shipbuilding in 2014. Deliveries of the first three vessels, MV Taiyuan
Höegh LNG Orders Four FSRUs at Samsung Heavy
Norway’s floating liquefied natural gas company Höegh LNG has signed a Letter of Intent (LOI) for one firm and three optional floating storage and regasification units (FSRUs) at South Korea’s Samsung Heavy Industries (SHI). Complete shipbuilding contract for the firm vessel is expected to be signed by mid-January 2017. According to a statement by Höegh LNG, the vessels have scheduled delivery dates of two units in 2019 and two vessels in 2020.
Eletson, Evergas Form Shipping Alliance
Eletson Gas and Evergas announced an alliance of the two companies that will trade the companies’ semi-ref/ethylene capable vessels. The new venture, to be called the E3 Pool, will commence trading on the 30th of January from the Eletson offices in Piraeus and London and the Evergas offices in Copenhagen and Singapore. The new commercial venture will control the 15-strong fleet of modern gas carriers that are currently trading
Norwegian Orders Four Ships from Fincantieri
Norwegian Cruise Line Holdings Ltd. said it has reached an agreement with Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise Line brand, ordering four 140,000 gross ton ships for delivery in 2022, 2023, 2024 and 2025, with an option for two additional ships to be delivered in 2026 and 2027. The four ships, priced at approximately €800 million per unit, will each accommodate approximately 3,300 guests
APM Terminals Boosts Investment in Port Elizabeth
APM Terminals has significantly increased its previously announced USD $70 million investment plans for the APM Terminals Port Elizabeth facility, and now plans an investment total of USD $200 million. This figure includes ordering four next-generation Ship-To-Shore (STS) cranes to handle ultra-large container ships (ULCS) at North America’s second-busiest port complex. These vessels are expected to start calling the port right after the heightening of the Bayonne