Sign Contract

Seaspan Signs Contracts for 2 Vessels

Hong Kong-based container ship company Seaspan Corp. has signed contracts for two 2500 TEU vessels from Jiangsu Yangzijiang Shipbuilding Co. at an expected delivered cost of $46.4 million per vessel. Seaspan said the two new orders, scheduled for delivery in March and June, are on top of the eight 2500 TEU vessels it ordered last year from Jiangsu. The company said it has arranged simultaneous 10-year charter agreements for the two vessels with Japan's Kawasaki Kisen Kaisha Ltd. at a daily rate of $17,880. Seaspan said it expects each new vessel to contribute between $4.5 million and $4.9 million in annual earnings before interest, taxes and other payments. Source: AP

Havila and Subsea Sign Contract

Havila Shipping ASA and Phoenix International, Inc. signed a 10-year contract, with additional option years, for the newly built SubSea Construction Vessel, Havyard 858. The vessel is scheduled for delivery from Havyard Leirvik during the summer of 2008, and will support oil and gas industry initiatives in the U.S. Gulf of Mexico. The contract has been entered into on market terms.

Wärtsilä Wins Bulk Orders for 72 FPPs

The propeller manufacturer and joint-venture company Wärtsilä CME Zhenjiang Propeller Co Ltd signed contracts in November to deliver a total of 72 fixed pitch propellers (FPP) at a value of approximately EUR 30 million. The company will deliver the propellers to six of China's leading shipbuilders for vessels due to be delivered between 2009 and 2011. The nickel-aluminium bronze propellers, totalling over 2700 tonnes with diameters ranging from 6.1 - 8

NOL Group Signs Contracts for Containerships

NOL Group confirmed it has signed contracts with Korea's Daewoo Shipbuilding & Marine Engineering Co. and Hyundai Samho Heavy Industries Co., Ltd to build 12 new container vessels, including ten of its largest vessels. The confirmation follows the Group’s announcement on June 15 that it had signed letters of intent with both shipyards for its $1.54 billion newbuild program. The signed contracts are for:

Aker Yards and Color Line Signs Contract for Superspeed Ferries

The Letter of Intent for two Fast Passenger Day Ferries signed on 2 November by Aker Yards and Color Line will today be confirmed as a firm contract worth approx. EUR 250 million. The contract will be signed at a ceremony onboard M/S Color Fantasy in Oslo today, 11 am. The vessels to be delivered during 2007-2008 are intended for the Denmark-Norway services. The working title "Color Superspeed" indicates that the ferry is designed for a high service speed of 27 knots.

Aker Yards Signs Contract with Birka

Aker Yards Lifecycle Services and Birka Line have signed a contract for the refurbishment of the spa area on board the Birka Paradise. The contract is worth approximately $2.7m. The refurbishment is scheduled for completion in January 2008. The scope of work onboard the cruise ship Birka Paradise includes the extension and refurbishment of the spa area (treatment rooms, saunas, showers and other spa facilities). This is the fourth spa refurbishment contract won by Aker Yards in the last

Rodriquez Cantieri Navali, Sultanate of Oman Sign Contract

Rodriquez Cantieri Navali on April 11 signed a contract for the supply of five catamarans for the Sultanate of Oman. Rodriquez Cantieri Navali will build five fast ferries inside the yards of Messina and the times of realization and delivery are foreseen by the end of 2008. The ships will be of two different types to be used by the client for two different purposes. Three ships (South vessel), will carry 100 passengers, 10 crew units and 22 vehicles at a maximum speed of 41 knots

Nautronix Sign Contract for Vessel Controls Systems

Nautronix has signed a multi-million dollar contract with Keppel FELS Limited in Singapore for the supply of systems for their new construction for ENSCO International Incorporated. The ENSCO 8500 is an ultra-deepwater semi-submersible drilling rig. The scope of supply includes Nautronix NMS6000 multi-station Class 2 Dynamic Positioning (DP) System, Thruster Controls, Vessel Management System as well as associated environmental and position reference sensors

Confitarma and Jiangsu Yards Sign Contract

A group of Naples ship owners have come to an agreement with the Chinese yard Jiangsu New Yanagzijang Construction Co. for the building of 16 90,000 ton bulk carriers. Nicola Coccia Confitarma president with a group of Naples ship-owners and representatives of the Chinese yard signed the agreement on June 20. The order was placed by Perseveranza di navigazione,d’Amato di navigazione spa, Gestioni Amatoriali spa, la Giuseppe Bottiglieri di navigazione spa e Liberty Marittime International who

DOF Fix AHTS 'Skandi Emerald' Charter

DOF signs contract with international charterer for Anchor Handling Tug Supply Vessel (AHTS) 'Skandi Emerald'. The firm period of the contract is 220 days + 30 days options and commences this month, and the vessel is required for operations off the South America coast. The value of the contract is approximately NOK 36 million. Skandi Emerald is owned by Aker DOF Deepwater AS (ADD) and is an AHTS with 16, 000 BHP and 201 tons bollard pull.