Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from 1 September 2013 to 1 March 2014. Furthermore, EMGS has agreed to charter the vessel for an additional period of at least two years, with three optional one-year extensions. Under [...]
Singapore Exchange Mainboard-listed Marco Polo Marine Ltd together with its subsidiaries, a growing regional integrated marine logistic group, announced its half-year financial results for the period ended 31 March 2013 (“H1FY2013”). The Group’s revenue decreased by 34.4% to S$36.5 million in H1FY2013 relative to H1FY2012 and by 31.3% to S$21.3 million relative to Q2FY2012, due [...]
Farstad Shipping ASA has been awarded a four year contract for PSV Far Star (1999, UT 745, 4,403 DWT), with a four year option by Petrobras in Brazil. The vessel is currently on charter to Technip UK in Brazil. Commencement of the new contract is 14 August 2013 at the latest. The contract value, excluding [...]
May 6, 2013 | Posted in
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Siem Offshore and Petrobras have entered into a contract for the PSV “Siem Carrier” for a firm period of four years and Petrobras has an option to extend the charter for four additional years, upon terms to be mutually agreed. The gross contract value for the firm period is approximately USD 50 million. The vessel [...]
May 6, 2013 | Posted in
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Höegh LNG has signed an agreement with GDF SUEZ (the Charterer) which will form the basis for facilitating their use of the GDF SUEZ Cape Ann (the Vessel) as the first floating storage and regasification unit in China. The vessel will serve the Tianjin project under a sub-charter between GDF SUEZ and China National Offshore [...]
Vroon announced that its Offshore Services’ VOS Apollo will commence a two-year charter with Gupco this week. Gupco (Gulf of Suez Petroleum Company) is a 50% BP joint venture with Egypt’s national petroleum company. VOS Apollo, currently in Port Suez awaiting the start of this charter, is an anchor-handling tug-supply vessel built for Vroon in [...]
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Seacat Services, a leading offshore wind farm vessel transfer operator, has won several significant charter contracts for work taking place off the UK and German coasts. The contracts incorporate five separate offshore wind farm projects. During 2013 this will include; the 288MW Meerwind project, located 50 kilometres off the German coast, the 389MW West of [...]
April 30, 2013 | Posted in
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In June 2011, E.ON and MPI entered into a long-term partnership for a six-year charter of MPI Discovery. Nearly two years later, 28 March 2013 marked the first day of the charter period. Over this time, both sides have put a lot of work into the planning and preparation for safely using the vessel on [...]
Norwegian Car Carriers ASA has entered into a time charter contract for the 100% owned car carrier “NOCC Pamplona” for a duration of about 12 months with commencement in May 2013. The concluded time charter is estimated to generate an EBITDA of about NOK 16.8 million during the twelve months charter period. Norwegian Car Carriers [...]
Island Shipping announce that two of the company’s wind-farm service vessels, Island Tiger and Island Panther have recently completed another successful UK offshore wind- farm charter. Both vessels have carried out 120 days charter on behalf of Centrica at the Lincs Offshore Windfarm construction site in the North Sea. Island Shipping said that both boats [...]
