Bulk Carrier Charter Agreement With Morgan Stanley Capital Group
12/22/2011 10:25:06 AM
Paragon Shipping Inc. (NYSE: PRGN) entered into a fixed rate time charter agreement for its Panamax Vessel, M/V Coral Seas, with Morgan Stanley Capital Group Inc. The M/V Coral Seas, a 2006 build, 74,477 dwt Panamax bulkcarrier, has been fixed to Morgan Stanley Capital Group Inc. for a period...
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SUNY Maritime Seeks Bidders for Water Barge
12/19/2011 10:22:08 AM
SUNY Maritime College is requesting sealed bids from bidders to purchase a Water Barge named the SUNY No. 1 (a/k/a/ EX-Water Barge No. 42) in its current “as-is, where-is” condition at its current mooring. The minimum bid price for the sale of this Water Barge is $25,000. The...
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General Dynamics Wins $73m Naval Sea Systems Contract
11/21/2011 2:54:33 PM
General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), won a contract for Hull, Mechanical and Electrical (HM&E) Machinery and Systems support by the U.S. Navy’s Naval Surface Warfare Center, Carderock Division (NSWCCD). The five-year indefinite-delivery,...
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Diana Shipping: Time Charter for M/V Nirefs
11/17/2011 9:13:19 AM
Diana Shipping Inc. (NYSE:DSX) announced that it has entered into a time charter contract with Morgan Stanley Capital Group Inc., for one of its Panamax dry bulk carriers, the m/v Nirefs, at a gross rate of $12,250 per day, minus a 5% commission paid to third parties for a minimum thirteen (13) to sixteen (16) month period...
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Alion Awarded $169.7M Contract
10/12/2011 4:29:03 PM
Alion Science and Technology won a contract to support the Navy’s Amphibious Warfare Program Office in their efforts to satisfy both current and future Navy/Marine Corps needs for Amphibious Warfare. Alion’s efforts include supporting the acquisition and production of the Navy's LHA...
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Walney 2 Success for Fendercare Marine Diving
9/28/2011 9:48:30 AM
Fendercare Marine’s recently established diving division has picked up it’s first major contract, extending the group’s profile within the offshore renewables sector. Fendercare Marine was contracted by the Dutch-based Visser & Smit Marine Contracting (VSMC) for a multi-million...
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Diana Shipping Announces Time Charter Contracts
9/22/2011 10:18:22 AM
Diana Shipping Inc. (NYSE:DSX) entered into two time charter contracts with EDF Trading Limited, London, for its two Newcastlemax dry bulk carriers, the m/v Los Angeles and the m/v Philadelphia, which are currently under construction. Both charters will be at a gross rate of US$18,000 per day, minus...
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Cargotec Wins 25m in Orders
9/19/2011 10:48:56 AM
Cargotec has confirmed new orders worth around EUR 25 million to deliver MacGregor hatch covers, lashing bridges and fixed lashing gear for eleven 8,800 TEU container ships being built by Sungdong Shipbuilding & Marine Engineering shipyard in South Korea. The MacGregor equipment will be delivered between mid-2012 and the end of 2013...
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Report: Daewoo Wins 5 Containership Contract
8/23/2011 8:58:34 AM
According to a report on Reuters, South Korea's Daewoo Shipbuilding and Marine Engineering has won a deal to build five 13,100 TEU containerships for Hyundai Merchant Marine, for a reported $639m. (Source: Reuters)...
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Diana Shipping: Time Charter Contract for M/V Boston
8/12/2011 10:11:29 AM
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the transportation of dry bulk cargoes, has entered into a time charter contract with Morgan Stanley Capital Group Inc., for one of its Capesize dry bulk carriers, the m/v Boston, at a gross rate of $14,000 per day, minus a 5%...
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Dockwise Confirms First Contract for New Vessel
7/25/2011 9:06:45 AM
Dockwise confirms its first contract for the new Type 0 vessel. By the end of 2012 and immediately upon delivery of the vessel by Hyundai Heavy Industries, the vessel will transport the Jack St. Malo platform hull from Korea to the US Gulf of Mexico. While initially in the form of an intent, the selection...
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Third Conversion Contract for Keystone Shipping Services
6/27/2011 10:11:01 AM
TTS Marine AB received a contract to fabricate a new slewing stern ramp and weathertight stern door for the third Cape R ship owned by the U.S. Maritime Administration. The contract, signed with ship manager Keystone Shipping Services for the Cape Ray, follows the successful conversion of the sister...
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Maersk Line Contracts 10 Triple-E Vessels
6/27/2011 8:53:39 AM
At a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships. The event follows Maersk Line's order in February this year for 10 Triple-E vessels with two options - each for an additional 10 ships...
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USCG Awards Contracts for Four Test Boats
6/21/2011 1:42:02 PM
The Coast Guard on June 7 awarded four firm fixed-price production contracts to deliver the first test boats for the seven-meter Cutter Boat Over-The-Horizon-IV (CB-OTH-IV) project. The contracts were awarded to MetalCraft Marine U.S. (Clayton, NY), SAFE Boats International (Port Orchard, Wash...
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Northrop Grumman Maintenance Contract, Peter Döhle Ships
5/31/2011 11:39:00 AM
Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has been awarded a one-year contract by Peter Döhle Schiffahrts-KG (PDS-KG) and HAMMONIA Reederei (a joint venture between PDS-KG, HCI Capital AG and GE Transportation Finance, Inc.) to provide worldwide service and maintenance for more than 135 ships...
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General Dynamics NASSCO $744M Contract
5/31/2011 11:32:16 AM
SAN DIEGO – General Dynamics NASSCO announced today that it has received from the U.S. Navy a $744 million modification to its Mobile Landing Platform (MLP) contract to fully fund construction of the first two ships of the new ship class. Construction of the first ship will begin immediately, with delivery to occur by the spring of 2013...
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Aker Solutions Offshore Loading Systems Contracts, Brazil
5/26/2011 9:07:20 AM
Aker Solutions has won two similar contracts, together worth approx. 120 million NOK, from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of Pusnes offloading systems(TM) to two FPSOs in the Brazilian market.
The offloading systems will be installed...
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WESMAR $1.2M Egyptian Contract
5/23/2011 10:19:45 AM
WESMAR (Western Marine Electronics) announced that the $1.2m contract they have to equip Egyptian built vessels with their all stainless steel counter rotating dual prop bow thrusters for highly controlled maneuvering in restricted situations, is progressing on schedule despite the political unrest in Egypt...
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Hatteland Display Extends Agreement with Furuno
5/20/2011 8:49:31 AM
Hatteland Display has announced that it has signed a three-year extension of its cooperation agreement with Furuno Finland OY.
Under the agreement, Hatteland Display will continue to supply its high-resolution color displays and computers to Furuno Finland.
"We have been cooperating...
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Farstad Shipping Awarded Charter Contracts
5/11/2011 11:41:25 AM
AHTS Far Sound (2007, UT 712L, 16.000 BHP), AHTS Far Sword (2006, UT 712L, 16.000 BHP) and AHTS Far Scimitar (2008, UT 712L, 16.000 BHP) have been contracted by Hess to support their drilling program in Australia for at least 10 months commencing in May. In the North Sea PSV Far Service (1995, UT 745, 4...
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