Before the offical opening of the Third Set of Locks, the Panama Canal Authority (ACP) will charter a Post-Panamax vessel to be used for training purposes in the Locks. The Executive Vice President of Operations Esteban Saenz reported that the Panama Canal will charter a Post-Panamax ship to train pilots and tugboat captains that will […]
Concordia Maritime has just won a new contract with a major oil and gas company for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris. The agreement is for 6 months initially and will run until the end of 2014. “We are very proud to have concluded this deal and […]
Gulf Marine Services (GMS), one of the leading providers of self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, today announced a new contract award for one of its Small Class vessels. The vessel, a K-Class SESV, will commence the new 12-month charter (six months firm and options for up […]
High-capacity 3D seismic vessel, Polar Marquis has formally been taken on charter from GC Rieber Shipping for a firm period of 3.5 years with 2+2 years options, Dolphin Group ASA announced. The vessel has just completed a significant seismic and propulsion upgrade, with a redundant and flexible engine package of 17.400 Kilowatts and more than […]
May 22, 2014 | Posted in
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Ardmore Shipping, the Ireland-based product and chemical tanker company, posted a $5m increase in time charter revenue in the first quarter of 2014, thus exceeding analysts’ expectations. According to Fearnleys, the results are slightly better than expected, predominantly thanks to spike in time charter equivalent rates and dipping of financing costs. Fearnleys had estimated average […]
May 19, 2014 | Posted in
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Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, through its subsidiary, has received a Letter of Award (LOA) for the provision of Charter and Ship Management services worth $82.0 million to a major offshore construction company. The LOA excludes any variation or additional works to be negotiated […]
May 15, 2014 | Posted in
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PACC Offshore Services Holdings Ltd. (POSH) has secured a charter contract from Petrobras worth approximately $80.5 million for its semi-submersible accommodation vessel (SSAV), the POSH XANADU. Petrobras will charter the POSH XANADU for one year, beginning around December 2014, to support its oil and gas production activities in the Campos Basin and has an option to […]
May 14, 2014 | Posted in
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Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it took delivery of the newly built m/v “Atalandi”, an Ice Class Panamax dry bulk vessel of 77,529 dwt that was contracted in March 2012. The company also announced that, through the aforementioned subsidiary, it has entered into a time charter contract with Glencore […]
May 12, 2014 | Posted in
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Ocean Yield took delivery of the newbuilding PCTC vessel “Höegh Jacksonville” from Daewoo-Mangalia Heavy Industries, Romania at the end of April. The vessel, which has a capacity of 6, 500 cars, was delivered on time and on budget and has from delivery entered into its 12-year bareboat charter to Höegh Autoliners. Classed by the DNV, […]
May 8, 2014 | Posted in
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Secunda Canada LP, which is 50% owned by Siem Offshore, has entered into an agreement with Hibernia Management and Development Company Ltd and ExxonMobil Canada Properties for the charter of one offshore support vessel, referred to as an AHTS vessel, for a 5-year firm contract, with a total of 15-year options at charterers’ discretion, to […]
May 6, 2014 | Posted in
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