Latest News – Page 769
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Namura delivers its first VLCC
Japan's Namura Shipbuilding has completed its first VLCC, the 'Atlantic Pioneer', and delivered it to Mitsui OSK Lines (MOL). With this delivery, Namura has achieved its long-cherished ambition to enter the VLCC market since it established its Imari Works 35 years ago.Though the 'Atlantic Pioneer' was Namura's first VLCC, the ...
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Hyundai Mipo resumes order intake
Hyundai Mipo Dockyard is said to have received an order for the construction of two 1,000-teu containerships from a Greek shipowner. No price or delivery dates have been announced. The South Korean shipbuilder secured its last new order in September 2008 when it won four 37,000-dwt bulkers from Greece's Cosmo. ...
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Navibulgar cancels handysize
Bulgarian owner Navibulgar has cancelled a contract for a handysize bulker at the domestic Varna shipyard. Industrial Holding Bulgaria (IHB), which controls Varna through its Bulyard subsidiary, said the deal for hull 459 was scrapped by Navibulgar's Osogovo Maritime subsidiary.The 21,211-dwt vessel remains under the ownership of Bulyard Shipbuilding and ...
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Oceania option doubtful
Italian state-owned shipbuilder Fincantieri, which is already struggling with declining workloads, faces another setback with industry sources suggesting Oceania will not exercise an option for a third cruiseship. Two years ago, Oceania placed a $1bn order with Fincantieri for two luxury cruiseships with an option for a third. The 65,000 ...
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Delay problems with Zim boxships
Industry sources claim that South Korean top shipbuilders have not given the Israeli shipping company Zim approval to delay boxship deliveries by two to five years.They say both Hyundai Heavy Industries and Samsung Heavy Industries have not accepted Zim's proposal to postpone delivery as the delay will lead to multimillion-dollar ...
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Oversupply of Suezmaxes expected
Tanker market is expected to see further oversupply of Suezmaxes in the years ahead according to a report from Frankfurt-based DVB banking group.The surplus of Suezmaxes is reportedly projected to exceed 100 units in 2012. The number of Suezmaxes currently in operation worldwide is estimated at 375 units, and is ...
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Jurong delivers 2nd semi-submersible rig to Diamond Offshore
Sembcorp Marine's subsidiary Jurong Shipyard has delivered a second ultra-deepwater semi-submersible rig, the Ocean Valor (previously PetroRig II), on schedule to Diamond Offshore Drilling Limited. Diamond Offshore Drilling Limited acquired from PetroRig II Pte Ltd the construction contract to purchase the newbuild, 7,500-foot, dynamically positioned semi-submersible offshore drilling unit PetroRig ...
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COSCO cancels PCTCs
COSCO International Ship Trading Co., Ltd. has agreed with COSCO (Zhoushan) Shipyard on the cancellation of their contracts for two 5,000-unit pure car and truck carriers (PCTCs).The PCTCs are the third and fourth of the four newbuildings the Chinese shipowner ordered from COSCO (Zhoushan) in 2007 for delivery between 2009 ...
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ICS maintains push for emissions consensus
The International Chamber of Shipping (ICS), based in London, has reaffirmed its commitment to developing a consensus among shipowner organisations over emissions reduction schemes, despite growing criticism. In a recent press release, the ICS has outlined its position on using Market Based Instruments (MBI) to form a major part of ...
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Conference on Ship Efficiency questioned EEDI
The 2nd German Society for Maritime Technology (STG) International Conference on "Ship Efficiency" in Hamburg left more than 200 participants wondering whether the current proposal to implement an Energy Efficiency Design Index (EEDI) is an appropriate tool to cut ship emissions. Professor Stefan Krueger of TU Hamburg Harburg, Institute of ...
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Slump in offshore industry to continue into 2010
Operators of offshore support vessels are facing another difficult year in 2010, although there should be some recovery over this year's market. This claim was made by Christian Loken, senior vice-president of the Norwegian-based Pareto, a leading provider of offshore rig brokering.He said that an OSV newbuilding orderbook of around ...
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Kockums building high-tech wind farm vessels
The Swiss naval architect firm of Fintry Marine Design has placed its first order for a CarboCAT MPV23, an offshore wind farm service catamaran, with Kockums? Karlskrona Yard in Sweden. The Fintry designed catamaran will be the first new construction unit in a series of ten of latest generation MPVs ...
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BIMCO launches AVRA
An Automated Voyage Risk Assessment tool (AVRA), which provides users with a ship and voyage specific preview of security threats that may be encountered throughout a proposed voyage has been made available by the maritime organisation BIMCO. This unique, web-enabled and fully automated system has been developed in conjunction with ...
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ABS and LR offer common software for CSR
ABS and Lloyd?s Register have agreed to use common software for the assessment of scantlings of bulk carriers and oil tankers designed to comply with the new IACS Common Structural Rules (CSR). The new common software draws on the existing applications of both societies with the Lloyd?s Register approach being ...
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SkySails to power fishing trawler
Parlevliet & Van der Plas B.V., one of the largest European fishing companies, is taking a pioneering step with the purchase of the first ever towing kite wind propulsion system for operation on board a fishing trawler. It is the company?s objective to save on fuel and emissions in fishing ...
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Only two valid bids for Croatian shipyards
There were only three bids at the international tender for the six state-owned shipyards that closed on Wednesday at the Croatian Privatization Fund (HFP).The government is selling two of the shipyards at market price while the other four will be sold for 1 kuna each, about 20 U.S. cents. The ...
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Russia needs more icebreakers
The Chief Deputy of the Shipbuilding and Repair Yard of Rosmorport, Vladimir Shtrambrant, has said that the Russian Government plans to open a tender to build a series of 25MW icebreaker which can also deal with oil spills. During winter, the vessels should be capable of moving through two metre ...
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ThyssenKrupp sells part of Nordseewerke
ThyssenKrupp Marine Systems recently gave the go-ahead for the partial sale of the civil shipbuilding operations of Nordseewerke to steel construction company SIAG Schaaf Industrie AG. The deal foresees the creation of a wind power turbine production facility at ThyssenKrupp's ship yard Nordseewerke in Emden. SIAG intends to turn part ...
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LR issues the first Direct Damage Stability certificate to Onboard-NAPA
The IACS Unified Regulation L5 (IACS UR L5) clearly stipulates that stability software installed onboard shall cover all stability requirements applicable to the ship, thus including also damage stability. The requirements of this Unified Regulation apply to stability software on ships contracted for construction on or after 1 July 2005.According ...
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Danaos takes delivery of another boxship
Athens-based shipowner Danaos Corporation recently took delivery of one more containership, the CMA CGM Moliere, expanding its operational fleet to a total of 42 containerships aggregating 172,433 TEU. The new vessel has a carrying capacity of 6,500 TEU and was built at Sungdong Shipbuilding & Marine Engineering in Korea. It ...
