Latest News – Page 791
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ABS introduces new structural requirements for FPSOs
Classification society ABS has adopted new structural requirements for the evaluation of converted floating production, storage and offloading (FPSO) units. The criteria are contained in a revised version of the society?s ABS Guide for Building and Classing Floating Production Installations. The society also provided a preview of their soon-to-be released ...
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Shipyards to be liquidated
The privatisation of the shipyards in Malta will eventually lead to the company's liquidation, a prospect that only came to light yesterday in a report published by the European Commission. In its spring economic forecast the Commission said one of the reasons why it expected the public deficit to drop ...
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Jakarta aims to cut ship age limits
The Indonesian government may reduce the maximum age of ships allowed for import because of safety concerns and the domestic shipyard industry's increasing ability to manufacture internationally standardized ships. Budi Darmadi, the Industry Ministry's director general for transportation and telecommunications and informatics industries, said last week the ministry was in ...
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Inspection campaign on lifeboat launching
The 43 maritime authorities of the Paris and the Tokyo Memoranda on port state control will begin a joint concentrated inspection campaign with the purpose to ensure compliance with SOLAS Chapter III ? Life-Saving Appliances and Arrangements with regard to lifeboat launching arrangements. This inspection campaign will be held for ...
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Half of OSV newbuilding orders will fail
Half of the offshore support vessel newbuildings slated for delivery in 2009 will fail to hit the water this year, ODS Petrodata says. A maximum 200 of the planned 393 anchor handlers and PSVs will make it into the market in 2009, director David Bichard says.In an interview at Oslo's ...
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Keppel cancels new order
Keppel Corp has been forced to cancel a newbuilding order worth SGD181m ($122m) after the owners failed to finance the project. The Singapore yard said it had received a notice from Romanian company GSP Titan to terminate the shipbuilding contract.Keppel said the cancellation was due to the owner's difficulties in ...
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Subsea 7 cuts steel on Seven Pacific
Subsea 7 has started construction on its next pipelay and offshore construction vessel as part of a $1bn investment campaign. The Aberdeen-based ship owner said steel was cut on the Seven Pacific vessel in the IHC Krimpen shipyard in the Netherlands.The ship is due to be delivered in the fourth ...
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WSS launches new lay-up package
The ship services network, Wilhelmsen Ships Service (WSS), has packaged its ships agency services together with its Unitor range of marine products, technical services and maritime logistics into an integrated offer for vessel lay-ups. The new package is built to assist customers, from identification of lay-up locations to full service ...
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US Navy orders second Austal LCS
The US Navy has announced a contract for the construction of a second Austal-designed and built Littoral Combat Ship (LCS). Awarded to prime contractor Bath Iron Works, a General Dynamics company, the second Austal-built LCS will be similar to the 127-metre ?Independence? (LCS 2), which is currently at an advanced ...
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BAE VT merger
BAE Systems and VT Group in the UK are poised to sign a ground-breaking joint-venture agreement to merge their shipyards into a national champion. The new entity, to be called BVT Surface Fleet Ltd, will be the largest shipbuilder in the UK. Industry sources said the agreement could be signed ...
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China Shipping to order bulk carriers
China Shipping (Group) Co., the nation?s second-biggest sea-cargo company, plans to order dry- bulk ships this year as prices fall on overcapacity concerns and the global recession. "We?ll never give up on new investments," Vice Chairman Zhang Guofa said in an April 30 interview in Shanghai. He declined to say ...
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Narmada turning into shipbuilding hub
The estuary of Narmada river, in Gujarat, India, is all set to become the lifeline for shipbuilding activities of India. In a move with far-reaching consequences, the Gujarat government has decided to develop the 12-km stretch south of Dahej, at the point where the Narmada river meets the Gulf of ...
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Samsung funding for new mega-yard
Samsung Heavy Industies is part of the Atlantico Sul (AS) consortium which last week received news it is to receive Reais 542m ($248m) from the Brazilian National Development Bank (BNDES) to build a new shipyard capable of constructing tankers up to VLCC size. The BNDES has confirmed last week it ...
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Ulstein Verft launches ?Sarah?
Norway?s Ulstein Verft recently launched a new Ulstein SX121 construction vessel on April 29. ?Sarah? has been in the dockyard since the middle of January 2009 and was built for Marine Subsea, a company which provides oil and gas services mainly in West Africa. The new Ulstein SX121 is the ...
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Shipowners preparing for IMO convention on ship recycling
The new IMO convention for "Safe and Environmentally Sound Recycling of Ships" aims to prevent hazardous working conditions and to ensure environmental protection during ship recycling operations. Expected to come into force in 2013, the convention will require approximately 50,000 ships worldwide to have a certified "Inventory of Hazardous Materials" ...
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CSAV survival hangs on cancellation of orders
The survival of embattled Chilean shipping group CSAV could rest with South Korean shipbuilder Samsung Heavy Industries after German owners attending crisis talks in Hamburg last month attached conditions to a rescue plan. International efforts to save the line depend in part on the cancellation of an order for four ...
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Shipbuilding capacity the culprit
It?s not the owners? fault, it?s the yards who are to blame for the likely prolonged downturn in shipping said Arthur Bowring, md of the Hong Kong Shipowners Association. Speaking at the final session of TradeWinds? Shipping China Energy conference, Bowring said: "The problem is not the excess shipbuilding orders. ...
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NYC BEDC invites bids for sludge ships
The New York City Department of Environmental Protection, Bureau of Engineering Design and Construction (BEDC) has released invitation to submit sealed bids for the construction of three identical 140,000 cu. ft. self-propelled sludge ships to service its Newtown Creek Water Pollution Control Plant in Brooklyn, NY. The bid package includes ...
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Korea to inject funds for shipbuilding industry
The South Korean government has decided to inject 9.5 trillion won to large shipbuilding companies and mid-sized subsidiaries of shipyards to help them complete construction of vessels. The latest move stemmed from the worrisome trend of shipping companies failing to win orders coming into this year which led the government ...
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?Vox Maxima? launched
Dutch shipyard IHC Merwede in Kinderdijk recently launched Van Oord?s latest trailing suction hopper dredger ?Vox Maxima?. With a hopper capacity of 31,000 cubic metres, ?Vox Maxima? is the largest dredging vessel ever built in the Netherlands and is also the largest ship built in the country since 1990. Final ...
