OSM Ship Management Pte. Ltd.

Russian shipbuilder Zvezda Shipbuilding Complex on Tuesday held a keel laying ceremony for a new Arctic liquefied natural gas (LNG) carrier ordered by compatriot shipowner PAO Sovcomflot (SCF Group).The newbuild is the lead vessel in a series of 15 carriers ordered from Zvezda for servicing the Arctic LNG 2 project. She is the first-ever vessel of such dimensions, cargo capacity and icebreaking capabilities to be constructed at a Russian shipyard.The series' lead ship will be owned by SCF, while the remaining 14 will be owned by SMART LNG, a joint venture between PAO Sovcomflot and PAO NOVATEK. Their construction is being financed by VEB.RF.

Royal Caribbean Group said on Wednesday it would delay the launch of its new cruise liner by nearly a month after eight crew members tested positive for COVID-19, the latest setback in its push to restart the much-awaited U.S. summer trips.Odyssey of the Seas, which was scheduled to sail through the Southern and Western Caribbean from Fort Lauderdale, Florida, will now set sail on July 31 instead of July 3. A simulation cruise, originally set for late June, will also be rescheduled.Cruise companies have been cleared in the United States to sail under strict conditions, giving them a much needed respite after being hammered by the pandemic

Marine Specialized Technology (MST) Group has been announced as the winner in a competitive tender process with the U.K. MOD Defense Equipment & Support Organization (DE&S) to supply 18 high-speed patrol craft to the U.K. Ministry of Defense Police (MDP) and Gibraltar Defense Police (GDP). The five year contract is worth £36 million ($50.4 millon).The vessels, designed by MST in partnership with BMT, will be 15 meters in length and powered by twin inboard diesel propulsion engines driving twin Marine Jet Power 350X waterjets waterjets. The new design focuses on reduced fuel consumption and performance, designed to be a 30-knot vessel.

Global Ship Lease announced on Wednesday that it has agreed to purchase four 5,470 TEU Panamax containerships with an average age of approximately 11 years for an aggregate purchase price of $148 million.The ships are scheduled for delivery during the third quarter of 2021. The Company expects to fund the purchase price with cash on hand and senior secured debt.On delivery, the ships will be chartered to a liner operator for a firm period of three years each, with a charterer’s option for a period of an additional three years. During the three-year firm period, the vessels are expected to generate aggregate Adjusted EBITDA of approximately $124.

Bollinger Shipyards announced on Wednesday that it has been awarded a contract by the U.S. Naval Sea Systems Command to conduct a concept study and the preliminary design of the U.S. Navy’s Light Amphibious Warship (LAW).The LAW program envisions procuring a class of 28 to 30 new amphibious ships to support the Marine Corps, particularly in implementing a new Marine Corps operational concept called Expeditionary Advanced Base Operations (EABO). The Navy envisions the first LAW being procured in FY2023.“Bollinger Shipyards is honored and excited to continue participating in the LAW program,” said Bollinger president and CEO Ben Bordelon.