Search results for: Concordia

420 results

A list of search results

  • 14 July 2014
    Business & Finance

    The Concordia refloating operations have started regularly. At 6 am the Senior Salvage Master, Nick Sloane, reached the Remote Operations Center located on the Concordia with the rest of the team. With the arrival of the ferry at 8.30 am the final phase of the lightening of the wreck has begun. Only less then 1,000 […]

  • 20 July 2014
    Business & Finance

    VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V., provides…Read more LPG Tanker Attacked by Pirates off Trinidad An LPG tanker has fallen victim to a pirate attack in the vicinity […]

  • 3 August 2014
    Business & Finance

    Australian Maritime Unions Standing Their Ground The Maritime Union of Australia (MUA) and the Australian Maritime Officers Union (AMOU) have confirmed they will push ahead with a legal challenge to the Abbott Government’s …Read more Costa Concordia Changes Hands The notarial deed establishing the transfer of ownership of the Concordia from Costa Crociere to the […]

  • 17 February 2014
    Business & Finance

    Concordia Maritime has signed an agreement with Shell Tankers Singapore Private Ltd (Shell) covering the employment of the P-MAX tankers Stena Penguin and Stena Progress. “Generally speaking, the product tanker market is developing well and in accordance with our planned fleet disposition. We are of course happy to have concluded this business”, says Kim Ullman, […]

  • 23 July 2014
    Business & Finance

    This morning at around 11 am, the Concordia has begun its navigation towards Genoa with an average speed of 2 knots. The arrival in Genoa is planned at the moment between Saturday July 26th and Sunday July 27th. Preliminary activities for Concordia departure maneuvers have begun at 6 am this morning. After Concordia departure, environmental […]

  • 19 March 2014
    Business & Finance

    Concordia Maritime and Finnish Neste Oil have reached an agreement on the sale of the two jointly owned Ice Class 1A panamax tankers, Stena Poseidon and Palva. The buyer is Transport Maritime St-Laurent Inc. and the tankers are expected to be delivered in April/May 2014. Stena Poseidon and Palva are panamax tankers with a deadweight […]

  • 4 July 2014
    Business & Finance

    Installation of the last sponson, P1, on the port side of the wreck of the cruise ship Costa Concordia was completed as planned yesterday afternoon.   Now, ahead of authorization from the Monitoring Observatory, technicians can start to test all the systems for the final refloating of the Concordia. ” we can start the countdown […]

  • 4 October 2016
    Business & Finance

    Swedish tanker shipping company Concordia Maritime has entered a sale and leaseback agreement for the IMOIIMAX tanker Stena Image with a Japanese financial institution. The tanker will be chartered back to Concordia Maritime on a bareboat basis for eight years, with annual purchase options from year four onwards. Concordia Maritime said that the sale price is USD 37.5 […]

  • 10 October 2013
    Business & Finance

    Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V. (Boskalis) has been awarded the contract to load and transport the Concordia wreck from Isola del Giglio onboard the Dockwise Vanguard. The contract was awarded by Costa Crociere S.p.A. Following the successful parbuckling of the Concordia, and in anticipation of the pending refloat, Dockwise and the […]

  • 23 July 2014
    Business & Finance

    The departure of Costa Concordia has begun and the wreck is being towed to Genoa at two knots. The four day journey began at around 11 a.m. this morning, the salvage team informed.   Preliminary activities for Costa Concordia’s departure maneuvers began at 6 am, this morning. The arrival in Genoa is planned at the […]

  • 1 May 2014
    Business & Finance, Equipment, Operations & Maintenance

    The operations to install the first of the 19 sponsons to be positioned for the refloating of the Costa Concordia wreck have been completed. The sponson S13,  the biggest in weight and size,  is now positioned on the starboard side at about 11 meters in depth from the artificial seabed on which the Concordia rests […]

  • 27 July 2014
    Business & Finance

    VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary …Read more Dockwise Vanguard to Transport Costa Concordia Wreck? Dockwise Vanguard may be the solution for the transportation of Costa Concordia wreck to the scrapyard, since the […]

  • 20 June 2014
    Business & Finance, Operations & Maintenance

    According to the Parbuckling project site, 14 out of 15 sponsons have been installed on Costa Concordia’s starboard side. The installation of the final 15th side sponson S1 is expected to be concluded today. The total number of sponsons to be installed on the starboard side and on the port side of Costa Concordia is […]

  • 6 December 2011
    Business & Finance

    Today, Concordia Maritime, which is active in tanker shipping, was awarded the prize for “Best Annual Report” in Nasdaq OMX’s annual competition. The award was presented at a ceremony at FinForum in Stockholm. “Someone said that our annual report could function as a textbook in shipping and I think that’s praise indeed. We put a […]

  • 13 May 2016
    Business & Finance

    Swedish tanker shipping company Concordia Maritime has entered into a settlement agreement concerning a dispute related to Stena Primorsk’s grounding in the Hudson River in December 2012, according to which the company is obliged to pay USD 9.25 million. In July 2013, Concordia Maritime received a claim for damage related to its decision to stop operating […]

  • 29 November 2013
    Business & Finance

    Joakim (Kim) Ullman has been appointed to the position of President of Concordia Maritime AB as of 1 January 2014. Kim comes from Stena LNG where he has been CEO since 2012. He will replace Hans Norén who will leave Concordia Maritime at the end of the year after ten years as president. “After a […]

  • 10 January 2018
    Business & Finance

    Concordia Maritime signs more charter deals for MR ECO vessels as it prepares for a market upturn.

  • 15 July 2014
    Business & Finance

    The underwater preliminary activities related to the beginning of the last phase of the refloating operation of the Concordia are in progress today, the salvage team informed earlier today.   As informed, technicians are working to connect and tension the last 4 chains and 6 cables. The wreck is said to be in stable position […]

  • 21 July 2014
    Business & Finance

    Everything is falling into place for what is said to be the most challenging salvage project in the history, that of Costa Concordia’s refloating and subsequent towing for scrap.   Despite strong winds during the night, the Concordia wreck has emerged for about 11 meters, according to the salvage team. This means that there are […]

  • 22 September 2013
    Business & Finance

    1. Italy: Costa Concordia Parbuckling Completed The parbuckling operation has been successfully completed around 4:00 a.m this morning. Now the 950-foot long Costa Concordia wreck, with its gross tonnage of 114,500 GT, is upright and resting safely on the specially built artificial sea bed, at a depth of approximately 30 meters. 2. 2G Robotics Commences […]

  • 17 July 2013
    Business & Finance

    Costa Crociere and Titan-Micoperi have presented the progress on removal operation of Costa Concordia to the Commissioner for the Concordia Emergency Franco Gabrielli, the Observatory for Concordia Removal and the Mayor of Giglio at Civil Protection headquarters in Rome. Costa Crociere is now in the process of completing the technical documentation that will be delivered […]

  • 27 July 2014
    Business & Finance

    After little more than four days of navigation Costa Concordia has entered the Port of Genoa.   In the final stages of the journey the convoy travelled at a speed of about 1 knot per hour. That speed was further reduced to allow the arrival in the port, as expected, during the night between Saturday and Sunday, […]