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Ship Delivered

Belships Signs Deal with Imabari

 Belships has entered into a sale and leaseback agreement with a Japanese counterpart for the ship M / S Belforest.   Belforest, 61,000 dwt Ultramax bulk carrier is currently under construction at Imabari Shipbuilding in Japan and will be delivered around 25 September 2015.    The ship will at time of delivery be sold and leased back for a period of 12 years with purchase options from year 3 onwards.    The transaction is considered as a financial lease and will not have any material impact on the financial figures.    Compared to alternative loan financing offer published in the report for 2nd quarter, the transaction will improve Belships cash balance with about USD 4 million at time of delivery.   Imabari Shipbuilding Co., founded 1901, is Japan’s biggest shipyard with more than 2,000 ships delivered. The annual production is around 90 ships from 8 yard locations, which equals 23% of Japan’s annual shipbuilding production (grt).  


Austal Wins USN LCS Support Contract

Courtesy Austal

The U.S. Navy has awarded a contract to Austal Limited USA to provide engineering and management services support of the Post Shakedown Availability for Independence-variant Littoral Combat Ship (LCS) Gabrielle Giffords (LCS 10).   The US$12 million cost-plus-award-fee order adds to Austal USA’s growing support business, which provides critical support to both the LCS and Expeditionary Fast Transport (EPF) fleets


NASSCO Delivers Garden State to APT

The Garden State on sea trials (Photo: General Dynamics NASSCO)

Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.   Garden State was delivered during a special signing ceremony and is one of three classes of ships delivered by the San Diego-based shipyard since June of last year.   “In the past year, NASSCO shipbuilders have delivered seven ships – or the equivalent to 100,000 tons worth of steel


Gibraltar's Gibdock Refits 3D Seismic Ship

WG Cook at Gibdock: Photo credit Gibdock

Gibdock completes a refit of the 12-streamer 3D seismic vessel 'WG Cook' for WesternGeco. WG Cook is one of six 12-streamer 3D seismic ships delivered to the owner in 2010. The 19-day project was completed on time and with no serious QHSE incidents in preparation for WG Cook’s deployment offshore Canada for a seismic survey.  “The project was awarded on a competitive tender basis, while the location of the yard is also favourable for this project


USS Independence, Navy Accepts Delivery

The Navy officially accepted delivery of the future USS Independence (LCS 2) Dec. 18 during a short ceremony in Mobile, Ala.  Independence is the second littoral combat ship delivered to the Navy, and the first LCS of the General Dynamics variant. LCS is a new breed of U.S. Navy warship with versatile warfighting capabilities, capable of open-ocean operation, but optimized for littoral, or coastal, missions. "Today marks a critical milestone in the life of the LCS 2


Second U.S. Ship Delivers Aid to Georgia

The U.S. Coast Guard Cutter Dallas (WHEC 716) and the guided-missile destroyer USS McFaul (DDG 74) transit through the Black Sea en route to the Republic of Georgia to deliver humanitarian relief supplies. Dallas is carrying more than 76,000 pounds of supplies, including soap, shampoo, toothbrushes, baby wipes, toilet paper and other necessities. (U.S. Coast Guard photo by Petty Officer 2nd Class Lauren Jorgensen/Released)


Cruise Line Spending Slows

Spending related to cruises run by Carnival Corp., Royal Caribbean Cruises Ltd. and other lines grew at the slowest pace in at least six years as fewer new ships were launched.Cruise ships traveling to and from US ports and their passengers pumped $32.4 billion into the US economy, a 7.9 percent increase, the International Council of Cruise Lines said in a report released last week, according to a report on Bloomberg.


US Navy Orders 2 More EPF Ships from Austal

USNS Spearhead (T-EPF-1), the first Expeditionary Fast Transport (EPF) vessel designed and constructed by Austal for the US Navy (Photos: Austal)

Austal USA said it was awarded a $326 million contract to built the 11th and 12th Expeditionary Fast Transport ships (EPF) for the U.S. Navy.    This new contract adds upon a 2008 fully-funded EPF 10-ship block-buy agreement and brings Austal’s current build to a 12 ship program valued at $1.9 billion, and thereby extending the shipbuilder’s production under contract into 2022.   Austal USA’s EPF program has seen seven ships delivered so far


Navy Shipbuilding: U.S. GAO on Getting Things Right

LCS Sea Trial: Image courtesy of USN

A recent report US Government Audit Office (GAO) report, mandated by the House, discussed amongst other issues:  (1) quality problems in constructing recently delivered ships and Navy actions to improve quality and (2) key practices employed by leading commercial ship buyers and shipbuilders to ensure quality and how these compared with Navy practices. Excerpts from the report follow: What GAO Found The Navy has experienced significant quality problems with several ship classes


LPD San Antonio Declared 'Battle-efficient'

USS San Antonio: Credit USN

LPD San Antonio finally wins Battle Efficiency award Naval Surface Force Atlantic announced that the ship, delivered prematurely and tormented by years of mechanical malfunctions and mishaps, has been awarded the Battle Efficiency award, or Battle “E” — a coveted honor given annually to units that demonstrate the highest standards of performance and efficiency. “Everyone who believes that San Antonio is still broken and on the sidelines will now realize that we


ICS Pleased with IMO's Enviromental Progress

Simon Bennett (Photo: ICS)

Commenting on the outcome of last week’s meeting of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC), the International Chamber of Shipping (ICS) – which represents the world’s national shipowners’ associations – says it is


Virginia-Class Submarine Indiana Launched

The Virginia-class submarine Indiana (SSN 789) has been launched into the James River and moved to Newport News Shipbuilding’s submarine pier for final outfitting, testing and crew certification. (Photo: Ashley Major/HII)

The Virginia-class submarine Indiana (SSN 789) was launched into the James River at Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, the shipbuilder announced. The boat was moved to the shipyard’s submarine pier for final outfitting


Cyber SAFE Ship Delivered

Trammo Dietlin. Photo by Lloyds Register

 The first ships to be classed with Lloyd’s Register’s cyber notations have been delivered to Global United in Korea.    Built by Hanjin Heavy Industries, in collaboration with Alpha Ori Technology, the ships have been awarded the notation Cyber (AL-SAFE) certifying


Another Dry Bulk Ship Delivered to Golden Ocean

Golden Ocean Group Limited has taken delivery of dry bulk vessel Q Kennedy, to be renamed Golden Kennedy.    The vessel is the third of 16 dry bulk vessels recently acquired by Golden Ocean in an all-share transaction where the company will issue in aggregate 17


Austal Delivers Expeditionary Fast Transport Ship to Navy

Pic: Austal

 Austal USA has delivered its eighth expeditionary fast transport ship to the U.S. Navy.   The 338-foot long Yuma is an aluminum catamaran capable of transporting 600 tons, 1,200 nautical miles at an average speed of 35 knots, and is designed to operate in austere ports and waterways


Cruise Shipping's Rising Star

(Photo: Genting Hong Kong)

Genting Hong Kong is a rapidly growing global travel brand, spreading its wings – literally and figuratively – into ocean cruise, yacht, river cruise, air and shipbuilding. Maritime Reporter & Engineering News speaks with key executives at Genting Hong Kong: Mona Lai


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


Austal Celebrates Christening of Tulsa (LCS 16)

Austal Tulsa Christening Photo Austal

Austal USA proudly hosted the christening of the nation’s 16th littoral combat ship (LCS), the future USS Tulsa, here Saturday, Feb. 11. Tulsa (LCS 16) is the sixth LCS in Austal’s 11-ship contract, worth over $3.5 billion. With its shallow draft of 14 feet


Austal's EPF 8 Completes Acceptance Trials

Yuma (EPF 8) Clean Sweep. Yuma is slated for delivery to the U.S. Navy later this spring. Photo Austal

Austal successfully completed acceptance trials on USNS Yuma, Expeditionary Fast Transport (EPF 8), January 26, in the Gulf of Mexico returning with a broom flying from the mast indicating a “clean sweep”. Yuma is slated for delivery to the U.S


Ingalls Launches National Security Cutter Kimball

Ingalls Shipbuilding launched the National Security Cutter Kimball (WMSL 756) on Saturday, Dec. 17. Kimball is the seventh NSC Ingalls has built for the U.S. Coast Guard; christening is scheduled for March 4. (Photo: HII)

Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division launched the National Security Cutter Kimball (WMSL 756) on Saturday. Kimball is the seventh NSC Ingalls has built for the U.S. Coast Guard; christening is scheduled for March 4, 2017.


ICS Applauds IMO Roadmap for Enissions Reduction

Peter Hinchliffe (Photo: ICS)

The International Chamber of Shipping (ICS) has applauded the agreement, last Friday, by the IMO Marine Environment Protection Committee (MEPC) to develop a comprehensive Roadmap for addressing CO2 emissions from international shipping – with initial CO2 reduction commitments to be agreed by


Dry Bulk Shipping Outlook Good

Graph: BIMCO

 The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing short of extraordinary, says BIMCO.   But, putting it into perspective, compared to the devastating freight rate levels over the same period


LCS Detroit Delivered to the US Navy

USS Detroit underway during Acceptance Trials on July 13, 2016 (Photo: Lockheed Martin)

Within the Littoral Combat Ship Program (LCS), the consortium consisting of Fincantieri, through its subsidiary Fincantieri Marinette Marine (FMM), and Lockheed Martin Corporation, has delivered the future USS Detroit (LCS 7) to the U.S. Navy at FMM’s shipyard in Marinette, Wisc.  


New Diving Training Ship Delivered to Tunisia

Photo: Franco Ortolani

The Tunisian government has taken delivery of a new training ship, Zarzis A710, which will support diving and security works in air and sea areas of the Mediterranean. The vessel was built by Vittoria Shipyard SpA and commissioned by the Tunisian Defense Ministry as part of the Tunisian-Italian


VesselValue.com: $28.4B Worth of Ships Delivered to Date

(VesselValue.com)

As the calendar now indicates we have passed the half year mark on 2016, VesselValue.com offers insight on the number and value of all the 2016 built vessels that have been delivered so far vs how many are still yet to be delivered.  






 
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