Deals this week: Corvus Energy, Bahri Data, Bharat Mumbai Container Terminals (BMCT)


Corvus Energy has received a contract from Rolls-Royce for the supply of a lithium ion-based energy storage system (ESS), which will be installed on-board the new OV Ryvingen vessel.

The new system will be known as Orca Energy ESS and is set to feature a power rating of 2,938kWh, which will allow ships operate on battery power alone for several hours at a time.

Corvus Energy's batteries can also be used for docking and recharging from onshore power supplies at ports.

The ESS-equipped OV Ryvingen vessel is scheduled to be delivered to the Norwegian Coastal Administration (NCA) by the end of 2018.

Saudi Arabia-based Bahri's unit Bahri Data has signed an agreement with Norwegian classification society DNV GL.

The contract will see the organisations jointly develop a prototype solution to deliver new big data capabilities and advanced analytics in shipping, oil and gas, and marine services to address various safety, quality and compliance issues within the industry.

PSA International subsidiary Bharat Mumbai Container Terminals (BMCT) has agreed to purchase 18 new Konecranes Noell rubber-tyred gantry (RTG) cranes from Konecranes.

The cranes will have a span of 37.6m, lifting capacity of 65t, and a lifting height of 12.5m.

"Australian ship builder Austal has received a €126m contract from Spanish shipping company Fred Olsen to design and build two new high-speed vehicle passenger trimaran ferries."

They will also feature a rotating trolley, which will give the operator an excellent view of the containers, rail wagons and the entire working area.

Konecranes is expected to deliver the equipment in two nine-unit batches by the end of 2108.

The cranes will be used for stacking operations at BMCT’s container yard upon delivery.

Australian ship builder Austal has received a €126m contract from Spanish shipping company Fred Olsen to design and build two new high-speed vehicle passenger trimaran ferries.

The ferries will have length of 117m and will be capable of carrying more than 1,100 passengers each.

The vessels will also be able to accommodate up to 276 cars and operate at speeds up to 38k.

Construction of the vessels is expected to commence in 2018, while deliveries will be completed within a period of 29 to 36 months.

Greece-based shipping company Diana Containerships has reached an agreement with an undisclosed third party to sell seven vessels for a total price of up to $104m.

A separate memorandum of agreement (MoA) will be signed for each of the vessels.

The sale will be subject to a certain level of minimum financing obtained by the third party.

The proceeds are intended to be used to repay debts incurred in relation to credit agreements with Addiewell and Diana Shipping, as well as to acquire additional vessels.