Essentially, while we obviously need and maintain a core fleet of vessels, and we are normally operating 25 plus vessels at any given time, our business is a service business and what we aim to do is to really satisfy the needs of clients and make ourselves useful to their transportation needs.
FORBES: Intermarine Executives Discuss Ship Financing, Piracy, and Global Maritime Trade
Hornbeck Offshore Services operates a fleet of 25 offshore supply vessels, largely in the Gulf of Mexico.
One of them is operating under the US-flagged fleet for a total of five US-flagged vessels.
FORBES: Intermarine Executives Discuss Ship Financing, Piracy, and Global Maritime Trade
But in the meantime, it will have a chance to get the size of its fleet back above 300 vessels, and it will be buying a warship well suited to emerging threats at surprisingly low prices.
The mercenary outfit--founded by former Navy SEALs in 1997 and heavily involved in U.S. military efforts in Iraq--has tentative plans to build a small fleet of two or three anti-piracy vessels, each able to carry several dozen armed security personnel, according to reports in Lloyds List Maritime.
The world boasts a fleet of more than 50, 000 cargo-carrying vessels, according to the International Maritime Organization.
In addition to its vessels, Scott Trawlers runs a fleet of refrigerated lorries and a marine engineering business, catering for the manufacturing needs of scallop fishermen.
In addition to calling for a 50 percent reduction in the capacity of the industrial fishing fleet, Greenpeace seeks the elimination of government subsidies and a moratorium on the construction of large fishing vessels.
To get the fish, Pacific Andes would advance its Russian suppliers money to cover expenses for fuel, vessels and fishing equipment, thus cementing relationships with a fleet hit hard by the collapse of the Soviet Union.
To get the fish, Pacific Andes would advance its Russian suppliers money to cover expenses for fuel, vessels and fishing equipment, thus cementing relationships with a fleet hit hard finally by the collapse of the Soviet Union.
"It may be a challenge for Royal Caribbean to bring on new capacity smoothly without cannibalization of business from older vessels in the fleet, " notes James Winchester, analyst at Lazard Freres.
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