Wellard Delays Livestock Carrier Repayment
Australian meat and livestock distributor Wellard said that it has extended ship finance repayment schedules for two of its vessels, the 12,665 GT Ocean Ute and the 33,774 GT Ocean Drover.The live cattle exporter said in a press note that it has reached a conditional agreement with Ruchira Ships Limited to extend by 24-28 months the repayment schedules for the above mentioned vessel duo until December 2021.Originally, AUD 20 million was due to be paid between now and December 2019.Ruchira effectively provides vessel finance on each of these vessels through a sale and leaseback contract.
Portugal’s Naval Rocha Shipyard Reports Robust Activity
Portugal’s Naval Rocha shipyard is reporting a surge in activity in the opening half of 2018 after delivering a series of drydock, wet basin and pier-side projects.Naval Rocha commercial director Sergio Rodrigues said the yard located in the heart of Lisbon Harbour on the north bank of the River Tagus has completed a wide variety of repair and conversion projects.Key work has involved containers, cruise, passenger and sailing ships, cargo and research survey vessels, naval ships, anchor handing tugs, supply vessels and dredgers.“Naval Rocha is a unique, modern shipyard,” said Mr Rodrigues.
Russian Intelligence Ship Sinks, All 78 Crew Rescued
A Russian naval intelligence ship sank off Turkey's Black Sea coast on Thursday after colliding with a vessel carrying livestock and all 78 personnel on board the navy ship were evacuated, Turkish officials said. The rescued crew members of the Russian ship Liman were in good health after the collision with the Togo-flagged Youzarsif H, Turkey's Transport Minister Ahmed Arslan said. The incident took place in fog and low visibility 18 miles (29 km) from Kilyos village on the Black Sea coast just north of Istanbul. Turkish authorities dispatched a tugboat and three fast rescue vessels, the coastal safety authority said. Advisers to Turkish Prime Minister Binali Yildirim conveyed his sadness over the incident to Russian counterparts, according to sources in his office.
COSCO Readies Livestock Carrier for Vroon
Vroon Offshore Services, a Dutch offshore shipping company, has announced that the launching took place last week at COSCO Guangdong Shipyard,China of Gudali Express. The vessel is the seventh and last newbuilding livestock carrier to be built for Vroon at this shipyard. The 68-meter subsea support vessel is the second of two such vessels built at Fujian, China. Six newbuilding livestock carriers have already been delivered to the company by COSCO, all of which are trading successfully.
Livestock Carrier Greyman Express Delivered
Cosco Guangdong shipyard has delivered the 6th livestock carrier “Greyman Express” to Duch Vroon B.V. Company. “Greyman Express” matches the AMSA latest specification, equipped with a 4500 sq.m kkraal area and could ship 3000 adult cattles and the total length is 134.8 meters and the top speed can reach 17kn. The vessel has a bowknot hull design to make a comfortable environment for the animals during shipment. The vessel also equipped with automatic drinking water system, automatic feed delivery system, ventilation system and other animals living facilities which all passed AMSA inspection.
Greyman Express Launched
China’s COSCO Guangdong Shipyard today launched Greyman Express, the sixth newbuilding livestock carrier to be constructed for Dutch company Vroon at this yard. Four newbuilding livestock carriers have already been delivered to Vroon and have entered service. The fifth vessel, Gloucester Express, will be delivered later this year, with the final two vessels - Greyman Express and Gudali Express – joining the fleet in 2016. These revolutionary livestock carriers are “next‑generation” livestock vessels, boasting a cargo capacity of approximately 4,500 sqm and a cruising range of around 18,000 NM.
Livestock Carrier Sinks off Gulf of Aden
A cargo ship carrying thousands of livestock was sailing from Somalia to the United Arab Emirates when it encountered high waves and strong winds and sank off the coast of Gulf of Aden. All animals are perishing and two of the 29 crew still missing. The more than 30-year-old ship was believed to be carrying more than 3,000 animals. A nearby vessel was able to rescue 29 crewmembers and the search for the missing two seafarers is ongoing. The cargo was for local businessmen based in Puntland merchants having businesses in the UAE.
Chilean Ship Refused Entry to Fiji Water
Fiji has prevented the livestock carrier MV Polaris 2 travelling to China from Chile, from entering Fijian waters because it did not have the proper transit permit. The Biosecurity Authority of Fiji informed that the livestock ship carrying thousands of heifers has been forced back into international waters after it tried to enter Fiji claiming to be low on fuel, water and fodder reserves. BAF Executive Chairman, Xavier Riyaz Khan said they assess the biosecurity risks associated with all cargo vessels entering our waters before issuing a transit permit.
COSCO to Build Livestock Carrier
The Board of Directors of COSCO Corporation (Singapore) Limited have informed that COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract valued at approximately USD30 million from a European buyer to build one (1) 4500 square meters Livestock Carrier. The Livestock Carrier is scheduled for delivery in the second quarter of 2016. Additionally, the ship owner has an option to render effective, within six (6) months, one (1) contract for the construction of a similar vessel.
Jordanian Shipping Company Pleads Guilty
Jordan-based Arab Ship Management Ltd. pleaded guilty today in federal court in Wilmington, Delaware, to one count of violating the Act to Prevent Pollution from Ships, the Justice Department and the U.S. Coast Guard announced. In accordance with the terms of the plea agreement, Arab Ship Management Ltd. was sentenced to pay a criminal penalty totaling $500,000 and be placed on probation for two years, during which time ships operated by the company will be banned from calling on ports of the United States.
Dramatic Turn-Around in COSCO's Q1 2014 Finances
Offshore marine engineering, shipbuilding, ship repair & conversion and dry bulk shipping group, COSCO Corporation (Singapore) reports a Q1 2014 gross profit increase increase Y/Y of 21.8%. Group turnover increased 41.8% to $1.04 billion in Q1 2014 from $733.0 million in Q1 2013 on the back of increase in shipyard revenue. Turnover from shipyard operations increased by 43.2% to $1.03 billion from $719.2 million in Q1 2013, supported by higher revenue contribution from ship repair and marine engineering which more than offset the decline in revenue from ship building.
Livestock Carrier Delivered by China Shipyard
COSCO (Guangdong) Shipyard Co. a subsidiary of the COSCO Shipyard Group say they have delivered a 4500 cu.m specialized livestock carrier, “Ganado Express” to the European buyer. The new vessel measures 134.8 meters in LOA, 19.6 meters in breadth and 9.6 meters in depth. COSCO Corporation has one of the largest ship repair, ship building and offshore marine engineering operations in China. A diversified group with activities also in dry bulk shipping, shipping agency and other sectors…
COSCO Shipbuilders Deliver Vessel, Contracts for Two More
COSCO Corp. (Singapore) Ltd. announce a newbuilding delivery by its Guangdong shipyard, and contracts for its Nantong and Dalian subsidiary shipyards also in China as follows: COSCO (Guangdong) Shipyard has delivered a 4500m2 Livestock Carrier, “Galloway Express” to its European buyer. The vessel is 134.80 meters in LOA 19.60 meters in breadth and 9.6 meters in depth. COSCO (Nantong) Shipyard has been contracted for a conversion valued at over USD 170 million of a semi-completed hull to high-end floating accommodation unit.The unit is scheduled for delivery in 24 months. COSCO (Dalian) Shipyard has secured a contract valued over USD180 million from an Asian company to build a Jackup drilling rig scheduled for delivery in the 3rd quarter of 2015.
Vroon Receives Striking New Livestock Carrier
'Galloway Express' is the first of 4 livestock carriers being constructed at the Cosco Shipyard in Guangdong for Vroon. The remaining three vessels are scheduled for delivery later this year and early in 2014. These livestock carriers are next‑generation livestock vessels, boasting a cargo capacity of approximately 4,500 sqm and a cruising range of around 18,000 nm. They are fitted with animal-welfare facilities exceeding Australian (AMSA) regulations and incorporate a revolutionary bow design that will ensure fuel savings while maintaining high speeds and maximum comfort for cargo and crew.
Dutch Ship Designers Get Unusual Malaysian Contract
Groot Ship Design's wins contract for two types of special livestock carrying ships from Malaysian company PBHH (Pembangunan Buka Jijau Holdings Sdn. The contract is for the design and delivery of two types of livestock carriers. Of each type the Korean shipyard, Sundong will build 5 vessels for PBHH/BH Livestock. Sungdong requested Groot Ship Design to deliver the design for each type because of its knowledge and experience in livestock carriers and its innovating bow design – the Groot Cross-Bow©.
Groot Ship Design Signs Contract with Sundong
On May 15, 2012 at Kuala Lumpur (Malaysia) a unique contract was signed between Groot Ship Design from Leek (the Netherlands), Sundong shipyard (Korea) and owner PBHH/BH livestock Vessel SDN BHD (Malaysia) for the design and delivery of two types of livestock carriers. Of each type the Korean yard will build 5 vessels for PBHH/BH Livestock. Sungdong requested Groot Ship Design to deliver the design for each type because of the knowledge and experience in livestock carriers and the innovating bow design of the Groot Cross-Bow©. For Groot Ship Design this is the biggest design order so far since the company started at the end of 2005. The future owner of the ships, the Malaysian company PBHH (Pembangunan Buka Jijau Holdings Sdn.
Keppel Secures S$240M in Shipbuilding Contracts
Keppel Offshore & Marine Ltd (Keppel O&M), through wholly-owned subsidiaries Keppel Shipyard Limited and Keppel Singmarine Pte Ltd, has clinched new contracts totalling S$240 million. These comprise the upgrading of a Floating Production Storage and Offloading (FPSO) vessel, the conversion of a livestock carrier, as well as the building of a diving support vessel. With these latest projects, the total value of new contracts secured by Keppel O&M in 2010 has edged up to S$3.2 billion. Mr Nelson Yeo, Managing Director (Marine) of Keppel O&M, said, "I would like to thank our customers for their confidence in the capabilities of the Keppel O&M group of companies. These latest contracts strengthen the mutual trust and partnership we have established.
Bahrain Designated “Home Port” for U.S. Ships
In a move that is likely to increase repairs of U.S.-flagged ships at Bahrain’s ASRY, the Bahraini Government has entered into an agreement with the U.S. Government to designate Bahrain as a ‘home port’ for U.S. ships. ASRY has been repairing U.S. Navy and MSC ships for a number of years, especially during the Kuwait and Iraq Wars. On the commercial side, ASRY has also been carrying out emergency repairs to U.S.-flagged ships. However, under this new agreement, U.S.-flagged commercial vessels can now repair in ASRY without paying the 50% levy to the U.S. Government by repairing overseas. Bahrain is the only major Gulf shiprepair country to enter into this agreement with the U.S. Authorities.
Keppel Wins $17M Contract
Keppel Shipyard, a member of the Keppel Hitachi Zosen Group, won a $17 million contract from Blue Ice Shipping Corporation to convert a container vessel into a livestock carrier. Maysora -- a 643 x 93 x 52.8 ft. (196 x 28.4 x 16.1 m), 24,515 dwt container vessel will be converted into a fully outfitted livestock vessel with a minimum carrying capacity of 70,560 sheep and 5,640 cattle. Mr Charles Foo, Managing Director of Keppel Hitachi Zosen said, "We were awarded this job based on our competitive pricing and wealth of experience in conversion projects, specifically livestock carrier conversions. During the conversion, Keppel Shipyard will increase Maysora's carrying capacity by maximizing all available space in the vessel.
Keppel Hitachi Zosen Tapped To Build Harbor Tugs
Keppel Hitachi Zosen, through Keppel Singmarine Dockyard, will build two harbor tugs for S$17 million for the Abu Dhabi Sea Port Authority, Port Zayed in the United Arab Emirates. Both tugs are expected to be delivered in the fourth quarter of 2001. The steel-hulled, twin-screwed, diesel motor-driven harbor tugs will be built to a length overall of 33 meters, a breadth of 10 meters, a depth of 5 meters, and a draft of 4 meters. The tugs will have a bollard pull of 50 tons, and a maximum speed of 13.8 knots. Lum Chee Kong, General Manager of Keppel Singmarine Dockyard said, "Keppel Singmarine's strength lies in the construction of a wide range of tugs and smaller specialized vessels.
ASRY Up 7% in 3Q
Following on from the earlier success of the first half of this year, Bahrain’s ASRY, has turned in a successful third quarter series of results with an increase in business and sales, which were up some 7% on the previous quarter. In all some 28 vessels were in the yard for repairs and refurbishment, with 30 percent being in the tanker class with the majority being ULCCs and VLCCs. The yard was also kept extremely busy with other classes of vessels ranging from lpg carriers, livestock carriers through to RoRos, dredgers and general cargo. During this third quarter over a hundred specifications were received from owners around the world with a contact award success rate of 26%.
Major Move for Siba Ships
Italy’s Siba Ships has carried out the largest ever cattle shipment from Australia to South East Asia. Its livestock carrier Deneb Prima loaded over $9.7m worth of cattle from Townsville, Queensland, for Jakarta, Pandjang and Pasir Gudan in Indonesia and Malaysia in early June and safely discharged the animals this week. The cargo consisted of 20,060 cattle and 2,564 sheep and goats. Mauro Balzarini, CEO of Siba Ships, said, “This is a massive exercise which could only be carried out by a world leading livestock shipper and carrier with the expertise to ensure the safe and comfortable handling of the stock. Our sister company, Wellard Rural Exports…
Siba Ships Results Surge
The Siba Ships group, which includes the shipping company Siba Ships Spa based in Brescia (Italy) and its newly established subsidiary company Siba Ships Asia Pte Ltd based in Singapore, has closed its 2006 financial year with a major surge in turnover and a profit of more than 6 million Euros, a result which continues the four positive year trend of the group. Mauro Balzarini, chairman of Siba Ships, says that in the course of 2006 the company, exploiting the favorable trend of shipping, pursued an expansion and diversification process which was already in progress. The company strengthened its presence in South-East Asia, a geographical area of continuously growing interest, by opening a new wholly owned company Siba Ships Asia Pte Ltd in Singapore.