Latest News – Page 807
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China's ship building down
China has witnessed a decline of 44% in new shipping orders on a yearly basis during the January-November period, compared with a fall of 37% worldwide, and analysts predict a continuation in the downward trend over the next two years given the sluggish shipping industry around the globe. According to ...
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GL guide for ship lay-ups
Germanischer Lloyd (GL) has developed a guide outlining major methods and procedures involved in ship lay-ups. The guide gives technical assistance to shipowners focussing on the maintenance of class, ship's safety as well as the maintenance of operability.Deactivating vessels in an effort to save costs requires planning and investment in ...
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NCL and STX reach agreement on F3 project
Norwegian Cruise Line (NCL) and STX France Cruise SA, STX Europe's French shipyard, have reached an agreement and are moving forward with the construction of a new third generation Freestyle Cruising project known as F3. NCL and STX Europe have agreed to revise the original F3 cruise ship order and ...
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Canada's Arctic presence must get 'back on track'
The Canadian government's plan to buy $10-billion worth of new navy ships, including a fleet of Arctic icebreakers, needs to get "back on track," Defence Minister Peter MacKay says. This is growing urgent because Arctic ice is melting more quickly than expected, opening up new polar sea routes that will ...
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MSC Cruises sets new QHSE standards
With the entry into service of the 3,950-passenger MSC Fantasia, MSC Cruises has raised the Quality, Health, Safety and Environment (QHSE) bar for all cruise operators. MSC has entrusted Bureau Veritas with the auditing of six of the highest possible QHSE standards for the design of the new ship and ...
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Keppel Verolme terminates heavy lifter project
Keppel Verolme BV, a wholly owned subsidiary of Keppel Offshore and Marine Limited, has decided, after evaluating all possible options, to terminate the MPU Heavy Lifter project and commence the scrapping process of the concrete hull. Keppel Verolme has secured the necessary rights and endorsements from third parties to dismantle ...
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ABB Rijeka station marks milestone
The recent inauguration in Rijeka, Croatia, of ABB Turbocharging?s 100th service station has set a new milestone for ABB?s Turbocharging global service network. Besides serving the local maritime community in Croatia the new station will strengthen the company?s overall presence in the increasingly important Adriatic region. The new service station ...
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Transpetro signs shipbuilding deal
Transpetro, the shipping and transport arm of Petrobras, has signed a contract with the Eisa shipyard for the construction of four Panamax tankers. The $349 million deal is part of Transpetro's fleet renewal programme Promef, the company said in a statement. Last month, Transpetro also signed a $517 million agreement ...
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Samsung delivers megaboxer
The biggest containership ever classed by Germanischer Lloyd (GL) was recently delivered at Samsung Heavy Industry Shipyard in Geoje, Korea. The newbuilding named MSC Daniela has a capacity of 13,800 TEU.MSC Daniela is exceptional not only in terms of size, but also in its design aspects. To meet SOLAS requirements ...
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STX targets record sales
STX Group, South Korea's mid-sized conglomerate whose main cash-cow is shipbuilding, has set next year's sales target at 30 trillion won, an increase of 11% from this year's estimated 27 trillion won. The group plans to win 35 trillion won worth of new orders while diversifying its business portfolio and ...
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Sembcorp secures IGTC contract
Sembcorp Marine in Singapore is pleased to announce the award of an evergreen favoured customer contract (FCC) from International Gas Transportation Company Limited (IGTC) to provide repairs, upgrades and other marine services for its fleet of LNG ships which are operated by North West Shelf Shipping Service Company Pty Ltd ...
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Korea?s first VLCC built to new CSR
Antwerp-based Euronav NV has taken delivery of the first VLCC built to the industry?s new Common Structural Rules (CSR) by Hyundai Heavy Industries (HHI) in Korea.The 318,000 dwt Olympia, constructed to Lloyd?s Register class, is the first of two sister-ships being built by Euronav at HHI to advanced environmental protection ...
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IMO publishes new IMDG Code
A new edition of the International Maritime Dangerous Goods (IMDG) Code, the standard guide to all aspects of handling dangerous goods and marine pollutants in sea transport, has been published by the IMO in hard copy, as a download and as an internet subscription. The new edition includes the changes ...
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Vale denies VLOC order cancellations
Brazilian iron ore producer Vale denies that it is cancelling its $1.6bn order for 12 VLOCs from the Jiangshu Rongsheng shipyard in China. Despite some reports in the international media suggesting that Vale had cancelled the order, signed with Rongsheng in August of this year for twelve 400,000 dwt iron ...
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Cancellations hit Indian shipbuilders
India?s shipbuilding industry could suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as the global economic crisis takes its toll on the sector, industry experts say. Orders for about 35 ships that were to be built in shipyards around the country face cancellation, ...
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Nippon Yusen cuts expansion plan
Nippon Yusen K.K., Japan?s largest shipping line by sales, cut its fleet expansion plan by up to 60 vessels as slowing economic growth curbs demand for transporting steelmaking commodities including coal and iron ore. The company will boost its fleet to 940 vessels by the end of March 2011, compared ...
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COSCO cancels newbuilding orders
China Ocean Shipping Group (COSCO), China?s largest shipping company, cancelled plans to purchase some 120 vessels in 2009, a source from the company said. According to the original plan, three-quarters were dry bulk cargo ships and the remainders were oil tankers and container carriers. The ambitious purchase plan, which was ...
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Lintec warns against compromise on fuel-testing
Fuel testing agency Lintec Testing Services has warned that owners, operators and charterers should not be tempted as a result of financial pressures induced by the global credit crunch into using non-accredited laboratories for fuel testing and analysis.Geoff Jones, managing director of Lintec, says, "With the marine industries, like all ...
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Wärtsilä strengthens its presence in South Korea
Wärtsilä's long established presence in South Korea has been further strengthened with the inauguration of its new service centre and office in Eomgung, Busan. By opening these premises, Wärtsilä will be able to centralize its business units in Korea, as Services, Ship Power, Power Plants and Industrial Operations, together with ...
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HHI gas engine development
Ricardo UK Ltd, a global technology and engineering consultancy, has been awarded a 26-month gas engine contract by the world's largest marine diesel engine builder, Hyundai Heavy Industries (HHI). Ricardo and the Engine & Machinery Division of HHI have previously worked together on advanced diesel and gas engine development. The ...
