Sea Venture News

Value Maritime announced it has completed the first in a series of nine installations of its emissions reducing Filtree systems for product and chemical tanker company Ardmore Shipping Corporation.Taking place in China, this was the first time that Value Maritime has installed its system outside of Europe. The Ardmore Seaventure is also the first Ardmore vessel now fully equipped with Value Maritime’s Filtree system. The remaining installations for Ardmore Shipping are scheduled…

Ardmore Shipping Corporation announced results for the three and six months ended June 30, 2013. The company raised $140 million of gross proceeds in its initial public offering (IPO) of common stock, par value $0.01, which closed on August 6, 2013. In connection with its IPO, the company listed its common stock on the  New York Stock Exchange and trading commenced on August 1, 2013. Signed contracts for the construction of ten newbuildings at yards in South Korea and Japan which are expected to be delivered in 2014 and 2015 for a total of $319.8 million, increasing the Ardmore fleet to 20 ships consisting of eight vessels in operation and 12 vessels on order.

Product and chemical tanker specialist Ardmore Shipping has taken delivery of the Ardmore Seaventure from SPP Shipbuilding in Korea and immediately delivered the tanker to Cargill on a 12 month time charter arrangement. The Ardmore Seaventure is a 49,999 deadweight ton (dwt) IMO 3 product and chemical tanker and the second vessel to be delivered to Ardmore Shipping from a series of four orders placed with SPP Shipbuilding, Korea. The Ardmore Seaventure follows SPP's design for this class of vessel and includes a number of additional specifications for improved fuel efficiency…

Ardmore Shipping Celebrates Naming of "Ardmore Seavaliant' and 'Ardmore Seaventure'. Ardmore Seavaliant immediately chartered to Cargill, following naming at SPP Shipbuilding. Chemical and product tanker specialist Ardmore Shipping has named the two newest vessels to join its fleet, the Ardmore Seavaliant and the Ardmore Seaventure. The naming ceremonies for the two newbuild vessels took place at SPP Shipbuilding in South Korea, prior to the Ardmore Seavaliant being immediately delivered to Cargill on a 12-month time charter arrangement.

Crowley Marine Services successfully secured the wayward oil tanker, Atigun Pass, Thanksgiving weekend as it drifted within 20 miles of Oregon’s coastline. The decommissioned Atigun Pass, similar to the Exxon Valdez in size at three football fields in length, was en route from a Portland shipyard to Shanghai, China, for scrapping when the towline from the Chinese tug that was towing it snapped. When the towline parted early November 19, the tanker was about 100 miles west of Tillamook. “The vessel contained more than 20,000 gallons of residual fuel oil, too thick and sticky to be pumped from its tank, and there was potential for a medium size spill and a costly wreck removal if it ran aground,” said Todd Busch, director, ship assists & escort services.

Crowley Marine Services successfully secured the wayward oil tanker, Atigun Pass, Thanksgiving weekend as it drifted within 20 miles of Oregon's pristine coastline. The decommissioned Atigun Pass, similar to the Exxon Valdez in size at three football fields in length, was en route from a Portland shipyard to Shanghai, China, for scrapping when the towline from the Chinese tug that was towing it snapped. When the towline parted early November 19, the tanker was about 100 miles west of Tillamook. "The vessel contained more than 20,000 gallons of residual fuel oil, too thick and sticky to be pumped from its tank, and there was potential for a medium size spill and a costly wreck removal if it ran aground," said Todd Busch, director, ship assists & escort services.

Crowley Marine Services' Energy and Marine Services business unit has successfully moved the 312-ft. (9.5-m) square concrete island drilling structure Orlan from Prudhoe Bay, Alaska, to Sovietskaya Gavan in the Russian Far East for Sakhalin I Project operator, Exxon Neftegas Limited (ENL), a subsidiary of Exxon Mobil Corporation. The Orlan (ex Glomar Beaufort Sea I) Concrete Island Drilling System (CIDS) was purchased from Global Marine Drilling Company and will be used for oil production as part of the Sakhalin 1 project, offshore Russia. It was moved from its stack site near Northstar Island, off Prudhoe Bay using two Crowley Sea Victory Class 7,200 bhp twin screw oceangoing tugs with more than 110 tons bollard pull each.

Crowley Marine Services' Energy and Marine Services business unit has successfully moved the 312-ft. square concrete island drilling structure Orlan from Prudhoe Bay, Alaska, to Sovietskaya Gavan in the Russian Far East for Sakhalin I Project operator, Exxon Neftegas Limited (ENL), a subsidiary of Exxon Mobil Corporation. The Orlan (ex Glomar Beaufort Sea I) Concrete Island Drilling System (CIDS) was purchased from Global Marine Drilling Company and will be used for oil production as part of the Sakhalin 1 project, offshore Russia. It was moved from its stack site near Northstar Island, off Prudhoe Bay using two Crowley Sea Victory Class 7,200 bhp twin screw oceangoing tugs with more than 110 tons bollard pull each.

The Tillberg name is synonymous with luxurious cruise ship design, often serving as the masterminds in the creation of images and themes that will capture the essence of the each vessel's itinerary and passenger base. MR/EN spoke with two generations of the Tillbergs — founder Robert — and son Tomas — to discuss their philosophies, ideas and creations for a business that is expediently working to meet the cruise industry's newbuild boom. From the time he was a young man attending college in Sweden, Tomas Tillberg longed for the day that he could join his father, Robert Tillberg, at work designing and dreaming up new ideas for the cruise ship industry.

U.S. Shipping Partners announced has completed its recently announced acquisition of the Sea Venture, a 19,000 dwt double-bottomed chemical/product tanker. The vessel was re-built in 1983 and is capable of carrying twenty different grades of product in independent cargo tanks. The vessel is being placed in drydock and will be available for trading in April 2006. The transaction was financed utilizing available cash.