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Brodosplit to construct a new polar expedition ship for Quark Expeditions

  • Written by Teijo Niemelä
  • Category: Top Headlines

Brodosplit has entered into an agreement to construct a groundbreaking new polar expedition ship for Quark Expeditions, a member of the Travelopia group and the Leader in polar adventures.

Built to Polar Class 6 standard, the ship is designed to be the most versatile expedition ship operating in the polar regions. The Government of the Republic of Croatia decided in its 96th Session to issue a warranty for a refund of the buyer’s advanced payment, which secured construction financing and fulfilled one of the conditions of the agreement with the buyer.

The ship, which will be built specifically for the high latitudes of the Arctic and Antarctica, will accommodate 200 passengers in 103 luxuriously equipped cabins and will be staffed with116 crew members. The ship will be 128 meters long and 21.5 meters wide, with four main engines with diesel-electric gensets producing a total power of 4400 kW and a 16-knot top speed. Vessel design and project documentation is made by LMG Marin As from Norway. The project is scheduled for completion in time for the 2020/2021 Antarctic sailing season.

“Securing this agreement proves, among other things, that the most important international clients have recognized us as a shipyard capable of building and delivering highly complex ships. This agreement is the result of our innovative approach, and our ability to deliver on our clients needs. By building this ship, Brodosplit will continue to build our already strong reputation as one of the best shipbuilders in the market. In addition, we are pleased to share that The Government of the Republic of Croatia has recognized that this contract will have a significant, positive effect on the Croatian economy, and that the HBOR stands firmly behind this great export deal that incorporates75% domestic production," said Tomislav Debeljak, CEO of Brodosplit.

Brodosplit understands that every vessel is different, designed with very specific requirements to meet individual customer’s demands. Brodosplit respects these unique design and performance requirements, and builds ships to match every detail and consideration put forth by the buyer, applying the best available technologies to ensure longevity of service, environmental protection, safe operation and low maintenance costs.

Attention to detail is paid at every step, from original design and contracting, through financing and construction, to final delivery.

Significant and innovative projects, like this one, are a wonderful opportunity for Croatian equipment manufacturers to demonstrate their world class quality. And the fact that more than 75% of the products utilized in the ship’s construction will be sourced domestically, is particularly gratifying. This project is another example of Brodosplit’s successful turnaround post-privatization and the realization of its visionary business plans and will strengthen Brodosplit’s position as an indispensable European shipyard, capable of highly complex and custom-designed ships for the world’s most challenging environments.

Among the many features of the new ship will be two simultaneously operable helidecks, allowing for the exploration of some of the most remote and stunning areas of the world, and an internal Zodiac hangar designed to facilitate quicker and safer disembarkation. The ship will also offer an exceptional hotel standard with spacious cabins, multiple restaurants, and ample indoor and outdoor observation space.

Travel to the polar regions is uniquely rewarding, but visiting these remote regions requires specialized ships, equipment, and skills this new vessel, coupled with Quark’s experienced expedition team, will allow guests to explore the Arctic and Antarctica in depth, while maintaining high levels of passenger comfort, safety, and security.

Hurtigruten assumes full control of Kleven Verft to ensure delivery of newbuildings

  • Written by Kari Reinikainen
  • Category: Top Headlines

Hurtigruten, the Norwegian expedition cruise operator, has assumed full control of Kleven Verft and two other companies in the Kleven maritime group to ensure completion of the two delayed high specification expedition cruise ships it has on order at the yard, the shipbuilder said in a statement.

Hurtigruten has established a holding company called KVE Holding AS, wgich has acquired Kleven Verft, Kleven Maritime Contracting and Kleven maritime Technology from the Kleven Maritime group for an undisclosed sum. The Myklebust shipyard of Kleven Maritime is not included in the acquisition.

The arrangement will include a liquidity injection of up to NOK100 million in the acquired businesses, with the buyer, clients of the three companies and banks being involved.

Hurtigruten, together with other investors, become a shareholder in the shipyard last autumn. In the cruise industry, only the Genting Hong Kong group and Hurtigruten currently own the shipyards at which they build their vessels. However, conversions of debt to equity is a common method used in restructuring companies that have run in financial difficulties and it has used before both in shipping and in shipbuilding.

 

 

SunStone signs contract for third Infinity-class newbuild

  • Written by Teijo Niemelä
  • Category: Top Headlines

SunStone Ships, Inc. has announced an agreement with China Merchants Industry Holdings Co. Ltd. to build a third Infinity-class expedition ship, to be named Ocean Victory. This newbuild will be delivered in March, 2021. SunStone’s President & CEO, Niels-Erik Lund commented, “We are pleased with the rapid adoption of the Infinity-class vessels. It seems our European design and technology, combined with lower overall operating costs ticks all the boxes for the small and expedition-ship market.”

SunStone has signed a long term time charter contract for the Ocean Victory. The vessel will be technically managed by Cruise Management International, Miami. Hotel operations will be handled by CMI Leisure, Miami. The ship building contract was signed at the offices of Stephenson Harwood, SunStone’s legal advisors in connection with the Infinity class vessels. The three day meeting in Paris included a total of 20 representatives from:
 
– CMIH - contract partner for building the vessel.
– China Merchants Heavy Industry - shipyard building the vessel
– SunStone Ships - contracting party on behalf of the buyer
– SunStone Marine Advisors - company supervising the construction of the vessel
– Ulstein Design and Solution - Norwegian company who has designed the vessel from a technical point of view, and who is responsible for the delivery of the technical equipment package, supervising the technical construction of the vessel
– Makinen, Finland - responsible for the construction of all interior spaces of the vessel
– Tillberg Design USA - interior designer for the vessel
  
The first Infinity-class ship, named the Greg Mortimer, is scheduled for delivery August 2019 and goes on charter to Aurora Cruises, Australia. 

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