Caspian Services, Inc., announced final execution of its multi-vessel contracts with Saipem S.p.A. Saipem has chartered five vessels from Caspian Services, Inc., subsidiary Caspian Services Group, Ltd., for a minimum of two years to support Saipem's pipeline projects in the giant Kashagan field under development in the Kazakhstan sector of the north Caspian Sea. The contracts call for Caspian Services Group, and its Dutch shipping partner, Rederij Waterweg, b.v., to provide Saipem with two new Multicat work boats, two anchor handling tugs and an existing survey vessel. The vessels will be placed into active operations in the spring of 2006. Mr. Laird Garrard, President of Caspian Services, Inc., said, "these contracts represent a significant expansion of our vessel fleet operations and will greatly enhance the range of marine services we can offer clients in this developing region in the future."
DOF Subsea provider of subsea services to the offshore oil & gas industry worldwide announce new vessel contracts. DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is for three year's firm with three, one year options. The contract will commence in the second quarter of 2013. Skandi Constructor is a well intervention vessel of Ulstein SX 121 design built in 2009. The vessel has a LOA of 120.2 m and a breadth of 25
Seaspan Corporation announced the delivery of its fourteenth ship, the Dubai Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd., was delivered approximately ten weeks ahead of its contractual delivery date. The Dubai Express is the second of nine Seaspan vessels to be chartered to CP USA, a subsidiary of CP Ships Ltd. Seaspan also received notice of expected delivery for the second 4250 TEU vessel to be delivered this year, the Jakarta Express
Nicholas Brothers Boat Builders has been awarded a new vessel contract to build a 115’x47.5’ 23-Car, 100 passenger ferry for Wahkiakum County. The ferry will operate between existing ferry terminals to Puget Island in Cathlamet, Washington and Westport, Oregon. Designed by Elliot Bay Design Group of Seattle, Wash., the steel hull, aluminum superstructure vessel will be powered by two diesel Cummins QLS 9, 285 hp at 1
Service provider to the oil and gas industry, UK-based Petrofac, confirms placement orders to build its new proprietary design Petrofac JSD 6000 deepwater derrick lay vessel, which will be available for construction and installation activities in early 2017. Petrofac inform that the vessel is based on a unique design which integrates the J-Lay, S-Lay and derrick functions and will provide Petrofac with access to high-end turnkey opportunities in the high growth deepwater and SURF markets
Eastern Shipbuilding Group, Inc. says it has delivered the tugboat M/V JAMES DALE ROBIN to Florida Marine Transporters, Inc. of Mandeville, LA. and not long before that christened and launched the Platform Supply Vessel (PSV) M/V BRAVANTE VIII for Boldini S.A., BRAVANTE GROUP of Brazil. Tug JAMES DALE ROBIN In 2013 Florida Marine Transporters, Inc. exercised more options for five additional 90’x32’x10’ Inland Towboats
Derecktor Shipyards will construct another high-speed ferry for the Alaska Marine Highway System (AMHS). This ferry, to be named the M/V Chenga, is the second of a two-vessel contract worth a total of $67.98 Million. In February of 2002 Derecktor Shipyards was awarded the contract to design and build two high-speed passenger & automobile ferries as the first phase of Alaska’s plans to re-tool its regional water transportation system with fast, modern, efficient
Merwede Shipyard has been busy of late, announcing two significant jobs from the military and commercial sectors. On the military side, the company announced a contract for the design, engineering and building of one Multi-Role Vessel, for Tenix Defence of Australia. The vessel will meet or exceed all operational requirements of the New Zealand Ministry of Defense, including those for cargo and troop carriage, speed, endurance
ClassNK releases Progressive Speed Trial Analysis Software 'PrimeShip-GREEN/PSTA' which analyzes the results from speed trials and calculates a corresponding ship’s speed in calm sea conditions for compliance with the amendment to MARPOL Annex VI. The Amendment to MARPOL Annex VI came into force from January 2013, enforcing mandatory EEDI calculation and EEDI regulation values for vessels contracted from 1 January 2013 onwards
International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here: Net Loss he Company reported a net loss of $664,000 for the three months ended June 30, 2014. For the comparable three months ended June 30, 2013, the Company reported net income of $1.9 million, which included a non-cash operating gain of $1.8 million. Second Quarter 2014 Highlights
StealthGas Inc., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today as part of its fleet expansion program the acquisition of two newbuilding LPG vessels.
Eastern Shipbuilding Group, Inc. informs that it has delivered the towboat MV Kimberly Hidalgo to Florida Marine, and on the same day launched the Platform Support Vessel (PSV) MV Bravante lX for Boldini S.A., Bravante Group of Brazil. 1. Delivery of MV Kimberly Hidalgo
Eastern Shipbuilding Group, Inc. announced another “double event” in Panama City, Florida. On Friday, August 8, 2014, the christening and subsequent launching of the HOS Brass Ring (Hull 209), was followed with the same day delivery of the HOS Black Rock (Hull 207) for Hornbeck
Eastern Shipbuilding Group, Inc. announced the on-time delivery of the M/V Bravante VIII (Hull 158) on Tuesday September 9, 2014 to Boldini S.A., Bravante Group of Brazil. The Bravante VII (Hull 157), the third in the series, was delivered three months earlier and is currently on charter in Brazil
The Zamakona Yards Group said it has successfully launched the vessel Ocean Marilin in its installations in Pasajes in Northern Spain on January 31. The vessel is the second which Zamakona Yards has launched of the three vessels contracted with the Norwegian shipping company
Wärtsilä Corporation has published its annual financial report for the year 2013, and President & CEO Björn Rosengren introduces it with the following message to shareholders, excerpted as follows: "For Wärtsilä
Eastern Shipbuilding Group, Inc. is pleased to announce the delivery of the M/V Capt. Troy J. Hotard (Hull 186) to Florida Marine Transporters, Inc. of Mandeville, La. On Tuesday, February 4, 2014 the 56th Inland Towboat constructed by Eastern Shipbuilding was delivered to Florida Marine.
Eastern Shipbuilding Group, Inc. announced the delivery of the M/V BRAVANTE VI (Hull 156) on Friday February 28, 2014 to Boldini S.A., BRAVANTE GROUP of Brazil. The BRAVANTE V (Hull 155), the first in the series, was delivered three months earlier and is currently on charter in Brazil.
Brazil's Federal Police raided the headquarters of state-run oil company Petroleo Brasileiro SA in Rio de Janeiro as part of a money-laundering probe, two sources with direct knowledge of the operation told Reuters on Friday. The police said they were exercising 23 search and arrest warrants in
Eastern Shipbuilding Group, Inc. announced the on-time delivery of the M/V BRAVANTE VII (Hull 157) on Wednesday May 21, 2014 to Boldini S.A., BRAVANTE Group of Brazil three months after the delivery of BRAVANTE VI (Hull 156), the second in the series and which is is
Aker Solutions' subsidiary Aker Oilfield Services says it has been notified by Total in Angola of the termination of a USD 250 million, two-year contract for the 'Skandi Aker'. Aker explain that the Skandi Aker started operations as a well-intervention vessel for the first time in September 2013
Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (2Q2014), and first half ended 30 June 2014 (1H2014). Highlights are as follows:
The floating production business continues to be very strong, particularly in the LNG gas processing sector. Last month saw a speculatively ordered floating liquefaction plant – a $1.2 billion contract – as well as several regasification vessel contracts
AO Shipping has selected Wallem Europe as the managers of its two newbuild I-Star Ultramaxes, which will be delivered in 2015 from Imabari Shipbuilders. Alexander Oetker, AO Shipping owner and managing director, said Wallem was selected based on its “abilities to successfully manage these
Eastern Shipbuilding Group, Inc. announced that Florida Marine Transporters, Inc. of Mandeville, La. exercised one additional 90’x32’x10’ Canal Class Inland Towboat to the five vessel program currently under contract. On August 5, 2014, Florida Marine Transporters, Inc