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Buoyed by rising potential, more players enter dredging market
News

Buoyed by rising potential, more players enter dredging market

Mumbai: More local firms are entering the dredging sector to capitalize on the huge opportunity for deepening port channels to allow larger ships to call for carrying cargo. The latest to join the bandwagon is Mercator Lines Ltd, India’s second largest private shipping company by fleet size. The Mum

about 19 years ago
Work to salvage stranded coal ship begins
News

Work to salvage stranded coal ship begins

AUTHORITIES have begun a hydrographic survey of the ocean floor around a bulk carrier stranded on a Newcastle beach as they prepare to try to salvage the vessel. The 40,000 tonne Pasha Bulker has been stranded at Nobby’s Beach since it ran aground on Friday in gale force winds and high seas.

about 19 years ago
Revised International Health Regulations (IHR) will enter into force June 15th 2007
Rules & Regulation

Revised International Health Regulations (IHR) will enter into force June 15th 2007

The purpose and scope of the IHR (2005) are to prevent, protect against, control and provide a public health response to the international spread of disease in ways which avoid unnecessary interference with international traffic and trade. The IHR (2005) also establish a single code of procedures an

about 19 years ago
Ship Finance International orders five newbuilding container vessels
News

Ship Finance International orders five newbuilding container vessels

Two 2,500 TEU container vessels will be built at Jiangsu Yangzijiang Shipbuilding Co. Ltd., China and three 1,700 TEU container vessels will be built at Guangzhou Wenchong Shipyard Co. Ltd., China. The aggregate construction cost for the vessels will be approximately $190 million, and will be paid a

about 19 years ago
Venezuela mulls purchase of Russian submarines
News

Venezuela mulls purchase of Russian submarines

Venezuela is close to striking a deal with Russia on the procurement of several diesel submarines for its Navy, a source in the Russian shipbuilding industry said Thursday.

about 19 years ago
Global Carriers to double net profit with fleet expansion
News

Global Carriers to double net profit with fleet expansion

Global Carriers Bhd is optimistic of doubling its revenue and net profit in five years, on the back of its fleet expansion activities, said executive chairman Datuk Azlan Hashim. ‘We have already bought two (oil tankers) and our plan is to order four more in the next four years,’ he said after the c

about 19 years ago
Havila Shipping ASA – Newbuilding contract
News

Havila Shipping ASA – Newbuilding contract

Havila Shipping ASA has entered into a contract with Solstrand Verft for building of a new platform supply vessel (PSV) called Havyard 832 CD. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA.

about 19 years ago
Aker Kvaerner delivers record breaking subsea technology to the Gulf of Mexico
News

Aker Kvaerner delivers record breaking subsea technology to the Gulf of Mexico

Aker Kvaerner will ship three subsea MultiBooster pumps to the Gulf of Mexico today. The installation in the King field will break world records when it is applied in water depths in excess of 1 700 metres, more than 29 kilometres from the platform. The contract was first announced by Aker Kvaerner

about 19 years ago
European commission clearance for joint venture Wärtsilä and HHI
News

European commission clearance for joint venture Wärtsilä and HHI

Wärtsilä and Hyundai Heavy Industries Co. Ltd signed in January 2007 an agreement to set up a 50/50-owned joint venture in Korea to manufacture Wärtsilä 50DF dual-fuel engines for LNG (liquefied natural gas) carriers for the Korean, Japanese, Chinese and Taiwanese shipbuilding markets.

about 19 years ago
Largest ‘Fun Ship’ Ever Constructed, 3,006-Passenger Carnival Splendor
News

Largest ‘Fun Ship’ Ever Constructed, 3,006-Passenger Carnival Splendor

Carnival Cruise Lines’ 3,006- passenger Carnival Splendor – the largest ‘Fun Ship’ ever constructed – will launch year-round seven-day Mexican Riviera cruises from Long Beach, Calif., beginning in March 2009, following its inaugural schedule of European and Caribbean voyages.

about 19 years ago
APL tests way to cut container ship emissions
News

APL tests way to cut container ship emissions

The Oakland company said its 863-foot container ship APL China will test a process known as ‘cold-ironing,’ in which a ship draws electrical power from a source on shore while docked so it can shut off diesel generators. The process could cut 1,000 pounds of exhaust pollutants during a single port c

about 19 years ago
Canada’s new government announces renewed federal shipbuilding approach
News

Canada’s new government announces renewed federal shipbuilding approach

Minister of Foreign Affairs recently announced a renewed approach intended to assist Canada’s shipbuilding industry in dealing both with its current challenges and with its longer term needs.

about 19 years ago
China Accounted for 19% of the World’s Shipbuilding Market
News

China Accounted for 19% of the World’s Shipbuilding Market

China’s Shipbuilding industry developed rapidly during the 10th Five-Year Plan period (2000-2005) with an average annual growth rate of 29%. In 2006, China’s shipbuilding output reached 14.52 million deadweight tons, which accounted for 19% in global shipbuilding market and ranked third of the world

about 19 years ago
Feadship. Royal Van Lent launches first in F45 Vantage semi-custom megayacht series
News

Feadship. Royal Van Lent launches first in F45 Vantage semi-custom megayacht series

Feadship has announced the launch of the first in the exclusive F45 Vantage semi-custom series. Built by Royal Van Lent, the 44.65 m (146’ 6”) motoryacht Space epitomizes the benefits of a new concept that is designed for owners who require unparalleled Feadship quality levels in this ‘compact’ size

about 19 years ago
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