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Vessels

Diana Shipping Sells Dry Bulker Norfolk

Image: Diana Shipping Inc.

Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party, the 2002-built vessel Norfolk.The global shipping company specializing in the ownership of dry bulk vessels said that the delivery to the buyer is scheduled latest by April 6,

BP Extends Vroon ERRVs Contract

Image: VOS

Maritime offshore-services supplier Vroon Offshore Services (VOS) Ltd has secured a three-year contract extension with BP, worth around £30million.VOS, one of the largest providers of emergency response and rescue vessels (ERRV) in the North Sea, will continue its exclusive provision of four vessels

C&C Building Towboat Trio for Hines Furlong

(Image: CT Marine)

Hines Furlong Line currently has a trio of identical 6,000-horsepower towboats on order at C&C Marine and Repair in Belle Chasse, La.The timing is right to order the high-power newbuilds, said Kent Furlong, president and founder of Hines Furlong Line (HFL), citing the long-term implications of Subchapter

Keppel Breaks FPSO Conversion Record

FPSO Abigail-Joseph - According to Keppel this was the world’s fastest brownfield FPSO modification and upgrading project - Credit:Keppel

Singapore's offshore facilities builder Keppel has said it has delivered "the world’s fastest brownfield Floating Production Storage and Offloading vessel (FPSO) modification and upgrading project."Named FPSO Abigail-Joseph, the vessel was delivered to Malaysia's Yinson Holdings. According to Keppel, it took it seven months to complete the project.

FSL Trust Sells Crude Tanker FSL Shanghai

Image: First Ship Lease Trust

FSL Trust Management Pte., the trustee-manager of First Ship Lease Trust, has announced the sale of the crude oil tanker FSL Shanghai.FSL Trust Management has executed a Memorandum of Agreement (MoA) to sell the crude oil tanker to an unaffiliated third party and has received the initial 10% deposit in escrow.

Top Ships Sells Stenaweco Elegance

Image: Top Ships

Greek ship-owning company Top Ships Inc. announced the completion of sale of MT Stenaweco Elegance.According to a press note from the owner and operator of modern, fuel efficient "ECO" tanker vessels, its previously announced sale of tanker was concluded.The vessel was delivered to its new owner,

Seaspan Buys Boxships Quartet

Image: Seaspan Corporation

Hong Kong-based owner and manager of containerships in the world Seaspan Corporation has agreed to purchase a fleet of four containerships for approximately $367 million in cash.The ships include four 12,000 TEU vessels, with three built in 2018 and one built in 2017. The vessels, once delivered, will

Euronav Offloads Suezmax Finesse

Image: Euronav

Crude oil tanker company Euronav said that it has disposed one of its oldest Suezmax vessels, the 2003-built Finesse.The international shipping enterprise which focuses on oil transport by sea informed that it sold the 2003-built, 149,994 dwt for USD 21.8 million.A capital gain on the sale of approximately USD 8.

Marine News' 2020 ATB Report

(Photo: Vane Bros.)

There’s a barge full of reasons why many operators turn to ATBs.A  mainstay of the U.S. coastwise dirty and refined products trades, articulated tug barges (ATB) have increasingly filled a void left as the fleet of Jones Act tankers (with crew complement requirements exceeding that of tugs) has aged out.

Global Offshore Charters Normand Clipper

(Photo: Global Offshore)

Global Offshore, a provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil and gas markets and part of the Global Marine Group, is adding offshore installation and construction vessel Normand Clipper to its fleet. The vessel, on long-term charter from Solstad Offshore,

Future USS Delbert D. Black Completes Builders Trials

The future USS Delbert D. Black (DDG 119) (Photo: U.S. Navy)

The future USS Delbert D. Black (DDG 119) completed builder’s trials February 22 after spending three days underway in the Gulf of Mexico, the U.S. Navy said. The trials were conducted by the shipbuilder, Huntington Ingalls Industries (HII), Ingalls Shipbuilding Division.The ship was previously underway for Alpha trials in December,

Marine Jet Power Adds NZ Agent

Brent Paulsen, Director, Firstbreak (Photo: MJP)

Waterjet propulsion systems manufacturer Marine Jet Power (MJP) said it has appointed Firstbreak Ltd as an official sales and service agent, based in Christchurch, New Zealand.Under the terms of the new agreement, Firstbreak Ltd will offer MJP customers in-region support, including parts fulfilment

Iran Invests $857Mn in Maritime Industry

Photo:  Ports & Maritime Organization

Iran's Ports and Maritime Organization (PMO) has allocated 36 trillion rials (about $857.2 million) allocated 36 trillion rials ($857.2 million) to develop the country's maritime industry, including the construction of 83 vessels.Mohammad Rastad, head of PMO said that PMO has taken significant

Madely Joins Ecochlor as VP of Global Service

Michael Madely (Photo: Ecochlor)

Ecochlor announced the addition of Michael "Mick" Madely to fill a newly created position of Vice President of Global Service.  Madely has had a full career in the global maritime industry with over 25 years of experience in senior management positions in both Commercial and Technical roles. He has

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