India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
Global shipbuilder Vard has secured a contract for the design and construction of one expedition cruise ship from Australian cruise operator Coral Expeditions.
The expedition cruise vessel will be designed by Vard Design in Norway and tailored for small expedition cruises to remote locations in the Asia-Pacific region. It will have a total length of 93.5 meters with a beam of 17.2 meters and accommodation for 120 guests in 60 cabins.
Delivery is scheduled from Vard Vung Tau in Vietnam in 1Q 2019. A second vessel is likely to follow, Coral Expeditions said.
With a 34-year history, Cairns-headquartered Coral Expeditions is recognized as Australia’s longest-established and most awarded expedition cruise operator. The company currently operates a fleet of three Australian-flagged ships that include two catamarans and their 63-meter flagship Coral Discoverer.
The company specializes in expedition cruises to destinations including the World Heritage-listed Great Barrier Reef, the Kimberley region, Cape York and Arnhem Land, Papua New Guinea, Indonesia, the Islands of the South Pacific, Tasmania, and South East Asia.
CEO and Executive Director Mr. Roy Reite says, “I would like to welcome Coral Expeditions to VARD. We are honored to be chosen as the preferred designer and shipbuilder for their new expedition cruise vessel. VARD’s highly experienced shipbuilders and our specialized subsidiaries in Norway and abroad look forward to working together with Coral’s team.”
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