Star Bulk Carriers Acquires 16 Vessels
Star Bulk Carriers Corp announced that it has agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10.5 million common shares to the sellers of the 16 vessels, equal to approximately 14.1% of Star Bulk’s common shares after the closing of the Vessel Acquisition. Under the terms of the agreement with the sellers…
Zero-emission Vessel Future of The Fjords Delivered
Norwegian tourist vessel owner and operator The Fjords has taken delivery of an innovative newbuild that sets high marks for environmentally friendly passenger transport.The new 42-meter-long carbon fiber all-electric catamaran, Future of The Fjords, is the first vessel of its kind to offer completely emissions-free transport through the Western Norwegian landscape. Starting in mid-May, the 400-passenger vessel will sail sans emissions as it makes around 700 yearly round trips…
Video: Fishing Vessel Ablaze off California
The U.S. Coast Guard said it is responding to a vessel fire near Trinidad, Calif. on Wednesday.A helicopter aircrew from Coast Guard Sector Humboldt Bay has deployed in response to the fire aboard commercial fishing vessel Midori off the northern California coast.The Coast Guard said it also launched a 47-foot Motor Lifeboat crew from Station Humboldt Bay to assist the stricken vessel.
RMS St. Helena to Return as Anti-piracy Armory Vessel
The RMS St. Helena, Britain’s last working postal ship, was for nearly three decades the main source of contact between one of humanity’s remotest islands and the outside world.Now the ship, cherished by the 4,500 residents of British-ruled St. Helena, will start a new life as a floating armory, packed with automatic weapons, bullet-proof jackets and night vision goggles, all stored for maritime security operatives.Renamed the MNG Tahiti, the 340-foot ship will undergo some tweaks…
Shipbuilding: StealthGas Adds LPG Vessel
StealthGas announced the delivery of its last newbuilding LPG vessel and the completion of its newbuilding program. The vessel delivered yesterday (April 17, 2018) is a 22,000 cbm ice class semi refrigerated hybrid scrubber fitted eco LPG carrier, the Eco Freeze, the fourth and last 22,000 cbm semi refrigerated eco LPG newbuild. This acquisition concludes the Company’s expansion phase which commenced in 2011 and totaled the acquisition of 26 newbuilding LPG vessels. Twenty ships were delivered from Japanese yards and six from South Korean yards. StealthGas Inc.
German Shipbuilding: A Strong Vessel in a Heavy Sea
While orders for new vessels have continued to decline worldwide in 2017, the situation in the German and European shipbuilding market is different, with an increase of incoming orders. As shipping experts state: “…this is not a trend but a snapshot, but it indicates a high competitiveness of the German shipbuilding industry, particularly on technologically advanced projects.”The global mood barometer of the maritime industry had reached its lowest point in 2016. From the abyss confidence and order have carefully increased…
Scorpio Bulkers Refinances Ultramax Vessel
Monaco-based Scorpio Bulkers announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party in Japan. As part of the transaction, the Company will sell a 2015 Japanese built Ultramax dry bulk vessel, SBI Tango, for a consideration of $19.0 million and then lease it back from the buyer through a five-year bareboat charter agreement at a rate of $5,400 per day. If converted to floating interest rates…
Robot Cleans World’s Largest Crane Vessel
This March, a robot called Fleet Cleaner was deployed to clean both floaters of Heerema’s semi-submersible crane vessel Thialf in the Port of Rotterdam.The Fleet Cleaner is equipped with a magnetic system that allows it to attach to vessels for cleaning above and below the waterline. The robot captures all removed fouling so that the water environment is not affected by the cleaning operation. Waste is collected, weighed and disposed of, and wastewater is filtered and clean water released.The Thialf hull cleaning was the vessel's first since it last went to dry dock six years ago.
MAN D&T Scoops 11 MSC Vessel Order
MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines. Samsung Heavy Industries (SHI) will construct six of the vessels while Daewoo Shipping Marine Engineering (DSME) will construct the remainder. Bjarne Foldager, Vice President – Sales & Promotion, Two-Stroke Business – MAN Diesel & Turbo, said: “This order underlines the positive, long-term business relationship between MSC and MAN Diesel & Turbo.
Recent Vessel Sales: March 2018
Van Oord LNG Fueled Crane Vessel Named
With a two-day event on the quay of the Biesboschhaven Zuid harbour in Werkendam, Van Oord will launch its first LNG-powered vessel: the Werkendam. Because of Van Oord’s 150th anniversary, this event is taking place in Werkendam, the cradle of the company. On Friday 13 April, school children from the surrounding area are being given a guided tour of the new crane vessel. Business relations are also being welcomed on board during a special network meeting. On Saturday 14 April, the naming ceremony will be held. In the presence of guests and staff, the vessel will be named by Pia van Oord.
Louis Dreyfus Orders Wind Farm Vessel
The Louis Dreyfus Armateurs Group (LDA) and Ørsted, the Danish global leader in renewables, reinforce their 2017 partnership with the order of a second service operation vessel (SOV) dedicated to Hornsea Project Two offshore wind farm off the English coast. As sister vessel of the Wind of Change, the first SOV ordered by LDA in 2017, this second ship will also be designed in close cooperation with Salt Ship Design and will be built by CEMRE for a delivery in 2021. The new 84-meter-long ship will be equipped by a hybrid propulsion system using diesel generators with variable speed…
Brazil Vessel Lineup for Sugar 60% Behind 2017
The lineup of vessels to load sugar in Brazil currently is around 60 percent smaller than seen in the same period a year earlier because of lower output and tepid foreign demand, midway through the first month of the country's new cane crop. Ten vessels were at Brazilian ports in the first week of April to load 393,500 tonnes of sugar, according to data from shipping agency Williams. At this time last year, 23 ships were at port to take on 950,400 tonnes. "The main reason for that is the smaller production in Brazil…
Partners Eye Autonomous Vessel Technology for UK Ports
Peel Ports Group and ASV Global (ASV) have launched a partnership which will develop the use of autonomous vessel technology for U.K. port operations.The partnership kick-started with a visit from ASV’s team to the Port of Liverpool, to demonstrate the C-Cat-3, an autonomous vessel ideal for shallow survey operations.The C-Cat 3 operated in Brocklebank Dock carrying out seabed survey using a Norbit iWBMS multibeam echo sounder.The successful demonstration has led Peel Ports Group…
Baltic Index Rises on Firmer Large Vessel Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Thursday on higher rates for larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 14 points, or 1.4 percent, at 993 points. The capesize index gained 42 points, or 4.47 percent, to 982 points. It was up for a fifth straight session. "After a relatively long period of time with falling (capesize) rates, things have finally improved ...
Euroseas Sells its Oldest Bulk Carrier Vessel
Greece-based Euroseas announced the sale of M/V Monica P, a 46,667 dwt vessel, built in 1998, to unaffiliated third party for the gross amount of $6.45 million. The owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes said that the vessel will be delivered to its buyers by June 30 2018. The Company has a fleet of 17 vessels, including 3 Panamax drybulk carriers, 1 Handymax drybulk carrier, 1 Kamsarmax drybulk carrier, 1 Ultramax drybulk carrier, 10 Feeder containerships and an intermediate containership.
Ocean Yield Takes Delivery of Two Vessels
Norwegian shipowner Ocean Yield ASA took delivery of newly-built handysize dry bulk vessel "La Fresnais" and "Interlink Amenity". In press release, Ocean Yield said that it took the delivery of the 2018 built handysize dry bulk vessel "La Fresnais" on April 10. Upon delivery the vessel commenced a 12 years' bareboat charter to a company owned and guaranteed by Louis Dreyfus Armateurs Group (LDA). LDA is a French family group engaged in maritime transportation and services and founded more than 160 years ago.
Njord Offshore’s New Crew Transfer Vessel Completes Sea Trials
The first in a series of two new 27-meter crew transfer vessels (CTV) designed by BMT for Njord Offshore has completed sea trials, reaching a top speed of 27 knots. The new vessel, Njord Zenith, was built by Cheoy Lee Shipyards in China.Jago Lawless, Technical Director at BMT explains: “We have a number of 26m CTV vessels operating that have been designed and built in accordance with Lloyd’s Register’s rules for Special Service Craft and the UK code for High Speed Offshore Service Craft. This 27m vessel however, is the first CTV designed by BMT that utilizes a highly efficient Z-bow hull form.
Azerbaijan Caspian Sea Shipping Company Submits Vessels Inspection Reports
The reports prepared for the first quarter of 2018 on the inspections of vessels of the Offshore Fleet of the Azerbaijan Caspian Sea Shipping Company have been submitted. According to the instruction of the administration of Azerbaijan Caspian Shipping, the inspections of vessels were carried out by the inspectors. Baylar Aghayev and Rashad Shakarov who presented the results of the inspection provided the information on the violations found in the vessels. It was noted that the seafarers were promptly notified of the revealed defects and necessary measures were taken to eliminate them.
Ferry Vessel Dagestan Completes Modernization
The vessel "Dagestan" with a length of 154.5 and a width of 18.3 meters was built in 1984 in Pula, the former Yugoslavia (currently Croatia). It was decided to repair and upgrade the ferry "Dagestan", withdrawn from operations 5 years ago. Modernization of the ferry, which is one of the unique vessels of its time, was completely executed by the engineering and technical personnel of the Azerbaijan Caspian Shipping Company at the "Zigh" Ship Repair and Construction Yard. It should be noted that the project of modernization…
MPI Enterprise Fitted with Spudcans
MPI Offshore’s wind turbine installation vessel (WTIV) MPI Enterprise has recently been upgraded with spudcans. The spudcans, which were installed during a drydocking in Rotterdam, increase the load-bearing area when the vessel is jacked up. This, in turn, minimizes penetration of the vessel’s legs into the seabed when working offshore. MPI Enterprise is the newest addition to the company’s WTIV fleet. Built in 2011, and acquired in January 2015, the vessel has brought an additional spread of services and flexibility to the existing array of vessels.
Damen Delivers Third Shoalbuster to Kazmortransflot
National Maritime Shipping Company Kazmortransflot LLP has taken delivery of its third Damen Shoalbuster 2709, the last in the current order.The vessels are ideal for operations in the shallow waters of the Caspian Sea and are now playing a role in the development of oil fields in the Kazakh section of the inland sea and significantly expanding the range of services that Kazmortransflot can offer its clients. The contracts for the three Shoalbusters 2709 were signed in July 2017 between Damen, NMSC Kazmortransflot LLP and Al Hilal Islamic Bank, which arranged the Sharia compliant financing.
Norway to Order Coast Guard Vessels from Fincantieri
Norway plans to order three vessels for its coast guard from the Vard Langstein shipyard, the Ministry of Defence said in a statement on Friday. The 6.8 billion Norwegian crowns ($869.44 million) contract is dependent on approval by parliament and on final negotiations with the supplier, the ministry added. The yard is part of the Vard group, majority owned by Italy's Fincantieri. Reporting by Terje Solsvik