The National Shipping Company of Saudi Arabia (Bahri) announced that in connection with the fleet replacement program for the general cargo the company has sold its general cargo vessel (Saudi Hofuf), on 30 July 2013, for scrapping after completing her useful life for a sum of SAR. 28,305,845 genera
On the 23rd of July, 2013 the ‘Sea Delta’ was named by sponsor lady Mrs. M.R. (Marilyn) Lawrence-Oostendorp. This name-giving ceremony took place at the Damen/Yard Albwardy in Sharjah, Dubai, the United Arab Emirates. Seacontractors and Damen Shipyards Hardinxveld look back on a festive event of thi
DSME Bags USD 595 Million Worth Drillship Order VANTAGE Drilling has placed an order with South Korea’s Daewoo Shipbuilding & Marine Engineering for the construction of a new drillship. According to the DSME’s regulatory filing from July 19, the order is estimated to be worth around $595 million. Co
A steel cutting ceremony to signify the commencement of the construction of the first of four new class Crane/Workboats for Kuwait Oil Company (KOC) was held at Grandweld Shipyards in Dubai, United Arab Emirates on July 18, 2013. The contract was signed in February 2013, to design and build a series
The National Shipping Company of Saudi Arabia Bahri has taken delivery of a new 26,000 DWT vessel, specialized in general cargo, today in South Korea. The ship was named Bahri Tabuk and it was built by South Korean shipbuilder Hyundai MIPO. This is the third vessel delivered from a series of six ves
Fire Onboard MV ‘HANSA BRANDENBURG’ Shipmanagement Company Leonhardt & Blumberg Hamburg, Germany reports that on July 15 2013 a cargo container caught fire onboard MV “HANSA BRANDENBURG” container ship, during her voyage from Singapore to Durban about 200 nautical miles northeast of Mauritius. Manni
June saw more enquiries than May, and more were converted into fixtures, but Drewry’s LNG freight index was stubbornly unchanged according to the latest LNG Insight. However, market sentiment remains positive as Cheniere took three vessels on mid-term charter, plus options. One vessel from Dynacom w
Dubai Maritime City LLC (DMC), the world-class mixed-use maritime cluster, announced the signing of long term partnership agreement with Mubarak Marine LLC. The agreement is for the development of an industrial complex project for maritime services, shipbuilding and repair worth AED 130 million. Thi
Burned-Out MOL Comfort’s Fore Part Sunk Mitsui O.S.K. Lines, Ltd. (MOL) reported that the fore part of the containership MOL COMFORT sank in the high seas of the Indian Ocean at 19:00 UTC on July 10 (04:00 on July 11 JST). MV ‘Albedo’ Held by Pirates Sinks EU Naval Force can confirm that the Malaysi
Grandweld Shipyards has completed the delivery of two 33.5m Aluminum crew boats for Fujairah National Group. FNSA 1 and FNSA 2, sister vessels of the 33.5m class boats, are an optimized version of the successful in-house design that is built to assist in fast transfer of offshore personnel, deck car
Grandweld Shipyards has been awarded a repeat order from Zamil Offshore, to build a new 33.5M fast aluminum crew boat. This will be Zamil’s fourth order to Grandweld Shipyards after the successful delivery of three sister vessels in 2012. The new vessel will be based on Grandweld’s in –house superio
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has closed a AED 1.32 billion ($360 million) Syndicated Islamic Facility for Abu Dhabi-based Gulf Marine Services (GMS), the largest provider of self-propelled self-elevating jackup barges in the world. The deal was ta
Saipem Jack-Up Rig ‘Perro Negro 6′ Sinks Off Angola Saipem informs that on July 1, the jack up drilling rig Perro Negro 6, due to the collapsing of the seabed under one of the three legs, suddenly tilted and suffered hull damages, causing water intake. MOL Comfort’s Fore Part Breaks Free from Tow Th
International classification society RINA has committed major resources to support IACS (International Association of Classification Societies) during its year of chairmanship. Roberto Cazzulo, Chairman of RINA Services SpA, was elected as Chairman of IACS Council at the end of June. He will lead an