Bahri Dry Bulk Secures Newbuild Finance
Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced that it has secured a Sharia-compliant funding of SAR 360 million (USD 96mln) from Bank Albilad, one of the fast-growing banks in Saudi Arabia. The fund is to finance the purchase of four new bulk carriers as part of an agreement signed by the company in 2017 with Hyundai Mipo Dockyard (HMD), a member of Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding company based in South Korea.
Four New Ships for Carnival Corporation
Carnival Corporation reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion, along with options for two additional vessels. The agreement calls for the construction of four new vessels (one each for Costa Crociere, Holland America Line, Carnival Cruise Lines, and Princess Cruises); the two additional vessel options are for Carnival Cruise Lines and Holland America Line. Including the four new vessels, Carnival Corporation’s capacity growth for 2008 and 2009 is now expected to be 8.2 percent and 6.4 percent, respectively. The company’s order book now includes 16 new ships, 13 of which are being constructed by Fincantieri.
Oman Navy Celebrates New Patrol Vessels
The Royal Navy of Oman (RNO) celebrates the delivery of its second of four new patrol vessel, together with the naming of its third, at an event hosted by shipbuilder Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering). The recently delivered RNOV Shinas and recently named RNOV Sadh were celebrated at a ceremony featuring as its guest of honor Commander of the Royal Navy of Oman, Rear Adm. Abdullah bin Khamis bin Abdullah al-Raisi (TBA-RNO).
MBC To Receive New Tanker
Malaysian Bulk Carriers Bhd (MBC) expects the first of its four new medium-range tankers to be delivered next month, with the balance to be delivered in 2007. With the delivery of the four new mid-range tankers, the company's fleet size would increase to 21 vessels, Bernama reported. The cost of the tanker is about $30m-$31m per ship. (Source: Bernama)
Conoco To Build New Towboats
Conoco is building four new towboats with innovative safety, environmental and design improvements that set new standards for the inland towing industry. "We are raising the bar for towboat design, machinery and marine systems by constructing American Bureau of Shipping (ABS) class boats," said Karen Stacey, director of Conoco domestic marine. Contrary to the name, towboats actually "push" cargo barges along the Intracoastal Waterway and major rivers. The new towboats, being built by Orange Shipbuilding of Orange, Texas, will have safety enhancements such as CO2 extinguishing systems, fuel shutdowns, fire detection systems and fire fighting systems.
Conoco Cuts Steel on Innovative Towboats
Conoco is building four new towboats that purportedly offer innovations in safety, environmental interaction, as well as design improvements that Conoco claims will set new standards for the inland towing industry. "We are raising the bar for towboat design, machinery and marine systems by constructing American Bureau of Shipping (ABS) class boats," said Karen Stacey, director of Conoco domestic marine. The new vessels, being built by Orange Shipbuilding of Orange, Texas, will have safety enhancements such as CO2 extinguishing systems, fuel shutdowns, fire detection systems and fire fighting systems. Environmental upgrades will include main propulsion engines that are compliant with the International Maritime Organization (IMO) and Environmental Protection Agency (EPA) emissions standards.
American Cruise Lines Orders Four New Ships
Four new ACL Vessels to Enter Service between 2015 & 2017 and to Operate on U.S. American Cruise Lines announced plans to build four new riverboats for American river cruising, and noted that construction has already begun on the first two ships, with the first to begin cruising in in the spring of 2015. The first two new riverboats are designed to carry between 150 and 200 guests and will cruise the Mississippi River system and the Columbia and Snake Rivers. The full suite of four new ships will enter service between 2015 and 2017.
TCV Stevedoring Gets New RTG
TCV Stevedoring Company, a stevedoring company in the Port of Valencia belonging to Grup TCB, last week took delivery of the components of its four new Konecranes RTG cranes. The new machinery, part of an ambitious investment program at the terminal, will be erected on the Muelle de Levante dock in the coming months. The components of the four RTG cranes arrived in Valencia on Thursday on board the Medazov Julia, consigned by A. Perez y Cia., and the project's 116 pieces, with a total weight of 368 tonnes, were unloaded on Friday.
Columbia Coastal Announces Fleet Expansion
Columbia Coastal Transport added the first of four new container barges to its fleet in the Port of Charleson, S.C. Columbia New York (formerly Columbia Trader) will be operated in the company's southern service, calling the ports of Charleston, Savannah and Miami on a regular weekly basis. Columbia New York was refurbished at the Detyens Shipyard in Charleston. The newly configured barge will be able to transport both 20 and 40 ft. containers, with capacities of 590 TEUs or 295 FEUs. Three more barges are scheduled to come into service over the next six weeks, including Columbia Newark (capacity of 670 TEUs); Columbia Philadelphia (capacity of 480 TEUs); and Columbia Wilmington (capacity 480 TEUs).
LMS Selected To Supply For Navy Gunboats
Litton Marine Systems (LMS) won a contract to supply navigation radars for four new Hellenic Navy gunboats. The contract was awarded to Litton by Thomson-CSF Signaal, which is the primary combat systems contractor for the four new vessels being built at the Hellenic Shipyard Co., Skaramanga. The first of the new gunboats will be delivered to the Hellenic Navy starting in mid-2002. Litton will supply Decca BridgeMaster E naval radars with a special naval transceiver unit and 250-mm color ARPA display. The radars will be integrated by Signaal into the TACTICOS combat management system. The contract includes equipment, installation, commissioning, spares support and training for Hellenic Navy personnel.
Dan-Bunkering Reports Increased Profits
Dan-Bunkering, with 13 offices positioned in nine countries around the world, announced it can this year present a very satisfactory result for the financial year 2014/15. The Dan-Bunkering Group has achieved a profit before tax of $16.4 million and a prosperity in gross profit of 11 percent compared with last year’s results. Company CEO Henrik Zederkof said, “We have experienced many positive changes within our organization, especially within the past six months, and these changes have only shown to be for the benefit of our business, i.e.
d’Amico Launches New Eco-Ship Designs
Highly efficient vessels surpassing international standards defined by new legislation for “eco-ships” have been designed, widely anticipating the CO2 emissions limits that will be implemented from January 1, 2025. The d’Amico Group, one of the world's leaders within the international shipping industry, launched four new state of the art “eco-ship” vessels today in Ulsan, Korea, designed in collaboration with the Hyundai Mipo Dockyard. The four new units will be added to the fleet of tankers belonging to d’Amico Tankers Ltd…
Leica To Supply DGPS For Hellenic Navy Gunboats
Leica Marine GPS has won orders to supply high-precision marine DGPS receivers for four new Hellenic Navy gunboats. Each of the gunboats will be fitted with a Leica MX 420/8 DGPS receiver, which will be used as the primary navigation aid. The MX 420/8 will be interfaced with other bridge equipment, including the BridgeMaster E navigation radars, DSC radio, central clock system and gyrocompass. The contract includes options for two more gunboats. The equipment will be installed and commissioned by Radio Marine Electronics, the Greek sales and service agent for Leica Marine GPS. The four new gunboats are being built at the Hellenic Shipyard Co., in Skaramanga, with the first scheduled delivery in mid-2002.
GE to Power Offshore Platform Supply Vessels
GE Marine announces that it will supply IML Power, , with eight V228 medium-speed diesel engines. The 16-cylinder engines will power four new, UT755L-type offshore platform supply vessels. IML Power is an authorized distributor of GE diesel engines and services in . The vessels will be constructed by Rosetti Marino S.p.A. Each of the four new ships will be powered by two 16V228 engines, each rated at 2790 kilowatts (kW) at 955 rpm. The engines will be manufactured at GE’s state-of-the-art , facility.
New Super Cranes, Georgia Port Authority
On Feb. 23, the Georgia Ports Authority (GPA) announced the arrival of four new super post-Panamax cranes at the Port of Savannah. The new cranes arrived aboard the Dockwise M/V Tern, a specially designed vessel capable of moving large, heavy structures. “The arrival of four new super post-Panamax cranes is an excellent example of Georgia’s commitment to expand capacity and provide superior services,” said GPA Executive Director Doug J. Marchand. With the addition of today’s new cranes, Garden City Terminal now has the largest fleet (23) of ship-to-shore cranes at one facility in this country.
Wärtsilä Get Repeat Siem Offshore Dual-fuel PSV Orders
Siem Offshore has again contracted Wärtsilä to supply the design and integrated solutions for four new platform supply vessels (PSVs) to be built at the Remontowa Shipbuilding yard in Poland. The four new vessels, like the two currently under construction, will utilise the Wärtsilä VS 4411 DF ship design and will have Wärtsilä dual-fuel propulsion allowing them to operate primarily on liquefied natural gas (LNG). With the various Wärtsilä systems having been integrated into a total solution…
ABB Wins $30mln Bangladesh Power Bid
ABB has won an order worth around $30 million from Power Grid Company of Bangladesh Limited (PGCB), the country’s leading transmission utility, to provide four new turnkey substations and help expand six others, to help meet the growing demand for electricity. The four new 132/33kV substations will be constructed at Rangamati, Khagrachori, Bianbazar and Sunamganj. Additionally, six existing substations will undergo expansion. This initiative is part of Bangladesh’s ongoing Power Systems Expansion and Efficiency Improvement Program, aimed at upgrading the country’s generation, transmission and distribution systems to increase capacity, improve efficiency, enhance power reliability and reduce environmental impact.
Carnival to Add 4 New Ships over 18 Months
Carnival Corporation & plc announced it will increase fleet capacity by nearly 10 percent from 2014 through 2016, fueled largely by the addition of four new ships across four brands in less than 18 months. This week, Carnival Corporation is christening two new ships in the span of three days as its Princess and Costa brands host official naming ceremonies for Regal Princess and Costa Diadema, the latest new vessels to join the company’s industry-leading fleet of more than 100 ships across nine cruise brands.
Vroon Orders Four at Cosco Dalian Shipyard
Vroon has ordered four 92,500 DWT bulk carriers at Cosco's Dalian Shipyard in China. The four new vessels are expected to join the fleet in 2009 and 2010. Vroon already has two Panamax bulk carriers on order at Tsuneishi Shipyard in Japan and three Supramax bulk carriers at Vinashin Nam Trieu in Vietnam.
Maersk Line To Order Five Containerships
Maersk Line will reportedly build five new container ships at the group’s Odense Staalskibsvaerft shipyard. The new vessels, all of the big S-type class, are scheduled for delivery in 1999 and 2000. In 1998, Maersk Line took delivery of four new S-type container ships built at the Odense shipyard.
Bisso Marine Launches Four New Vessels
Bisso Marine recently mobilized the 700 ton capacity D/B Cappy Bisso to Gulfport, Miss., to launch four newly built tractor-type tugs. In a single day, the four identical vessels, each weighing 650 tons, were rigged up,lifted and safely placed into the water.
TEN Reports Strong Profits for 3Q
Tsakos Energy Navigation Limited (TEN) reported unaudited results for the third quarter and first nine months of 2003. TEN's Third Quarter highlights include, the company reports EPS of $0.47 versus $0.04 in the like period of 2002; net income rose 1124 percent to $8.03 million; the company took delivery of a new aframax and the last in a series of four new panamaxes.
Varun Shipping to Invest $300m
Varun Shipping reportedly will invest $300m to buy at least four new vessels in the offshore segment this year, according to a Reuters report. Varun is positioning itself to expand its presence in the offshore segment, the news organization said, quoting a leading Varun executive. Freight rates in the offshore segment has risen around 15 percent due to higher crude oil prices, which hit new life highs in 2008, crossing $120 a barrel on demand growth. (Source: Reuters)