Latest News – Page 724
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NewsICS questions Branson's 'carbon war room' database
The International Chamber of Shipping (ICS), speaking at the UN climate change conference in Cancun, has expressed concern about the merchant shipping energy database published by the ''Carbon War Room’.
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OOCL contemplating mega boxships
Orient Overseas Container Line (OOCL), the Tung-family-controlled shipping company, is considering ordering very large container ships that would be almost 50% bigger than any ship in its fleet, a senior executive confirmed.
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Safe Bulkers orders Caper
Safe Bulkers in Greece has entered into a shipbuilding contract for the construction of a Chinese-built, drybulk Capesize-class vessel of approximately 180,000 dwt at a contracted price of $53 million, with an expected delivery date in the third quarter of 2012.
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Lubmarine launches new lubricant
Marine lubricant supplier Total Lubmarine has launched a new product specifically designed to improve the performance and protection of medium-speed engines, while claiming significant savings on maintenance and operational costs.
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NewsFirst of class semisub named
Singapore’s Sembcorp Marine’s subsidiary Jurong Shipyard is on track to deliver the ‘Atwood Osprey’, a first of its class ultra-deepwater semi-submersible drilling rig to Atwood Oceanics.
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NewsA new environmental concept for tanker shipping
Class Society DNV has unveiled a new design concept for a VLCC that offers drastic savings in exhaust emissions, and in which the need for ballast water is eliminated and VOC emissions are cut to virtually zero.
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NewsEidesvik exercises Kleven option
Norway''s Eidesvik Offshore has exercised a NOK 440 million ($71.2 million) option to build a second LNG-fuelled PSV at Kleven’s Ulsteinvik shipyard, for delivery in September 2012.
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Will shipping’s voice be heard at the UNFCCC?
There is concern that shipping and aviation will be used as a cash cow to help raise the $100 billion in funds a year needed by 2020 to help developing countries deal with climate change.
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Wärtsilä and MAN to continue Hercules project
MAN Diesel & Turbo and Wärtsilä Corporation have agreed to pursue a large joint research project, the Hercules-C project, as a continuation of the previous successful Hercules programmes for research and development in marine engine technology.
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NewsTenth MPC joins Rickmers’ fleet
The Rickmers Group has taken delivery of ‘Rickmers Masan’, its tenth MPC (multi-purpose carrier).
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SCI to place newbuilding orders
India’s largest shipping company by fleet, the state-run Shipping Corp. of India (SCI), will later this week place orders for two 300,000 dwt VLCCs with options for two more. It will also place orders for three 6,500 TEU container ships.
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GMS implements Hong Kong Convention
The US-based Global Marketing Systems (GMS), one of the world’s biggest cash buyers of redundant vessels from ship owners before delivering them to ship recycling facilities, cooperates with Germanischer Lloyd (GL) on green ship recycling.
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Shipping experts explore nuclear power potential
A consortium of British, American and Greek interests have agreed to investigate the practical maritime applications for small modular reactors (SMR) as commercial tanker-owners search for new designs that could deliver safer, cleaner and commercially viable forms of propulsion.
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NewsLithuania orders scientific research cat
Incat Crowther has designed a 24m catamaran scientific research vessel for the Lithuanian Ministry of Environment.
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China building its largest patrol vessel
Shanghai Maritime Safety Administration has signed a contract with Wuchang Shipbuilding Industry for the building of China''s largest and most advanced patrol vessel which is scheduled for completion in July 2012.
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New evidence handbook boosts shipping’s professionalism
The 125 million gt ‘A’ rated North P&I club has written a new handbook on collecting and preserving factual evidence to help raise levels of responsibility and professionalism within the international shipping industry.
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Ezra acquires US fabrication facility
Singapore-based Ezra Holdings Limited (Ezra), an integrated support and marine services provider in the offshore oil & gas (O&G) sector, is fast putting in place building blocks within its core businesses to drive its next lap of growth.
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NewsPGS to invest in fleet expansion
Petroleum Geo-Services ASA (PGS) has initiated an equity issue to fund a program to renew and expand the company’s fleet of seismic ships by building two fifth generation Ramform vessels.
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NewsFarstad places building contracts for PSVs
Farstad Shipping ASA in Ålesund, Norway has, through its wholly owned subsidiaries in Singapore, Scotland and Norway reached an agreement with STX OSV to build four platform supply vessels (PSV).
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Containership orderbook on the up
This October, the containership orderbook has risen for the first time after 27 consecutive months of decline, with new orders now pacing out deliveries.
