Korean shipbuilder STX has licensed the design software FRIENDSHIP-Framework 2.1. The computer aided engineering software allows STX to improve the energy efficiency of its products and to enhance its design work.
The board of directors of COSCO Corporation (Singapore) Limited announce that its subsidiary COSCO (Zhoushan) Shipyard Co Limited has delivered a new build ship, a 57,000 DWT bulk carrier, the MV SHUN XIN, to its buyer, a subsidiary of China COSCO Holdings Company Limited. The delivery documents wer
Shipping companies in the Middle East account for approximately $3 billion (Dh11bn) worth of orders, release of which will further affect the shipping industry, a senior industry official has warned. The movement during the next 24 months will determine how several players in the industry will move
For the Sydney Ports harbourmaster, Steven Young, it has been a busy year. The arrival last night of the 151,400-tonne Queen Mary 2 ocean liner followed on from a bumper February that saw 19 cruise ships visit Sydney bringing more than 40,000 visitors and injecting $30 million into the state’s econo
Chile has started the long job of rebuilding its shattered fishing industry following the devastating earthquake nearly two weeks ago. Hundreds of fishing boats – from large trawlers to inshore vessels – were smashed and many fishing port put out of action by the tsunami that hit the coastline follo
Piracy off the coast of Somalia is costing the international shipping industry at least $100 million a year, a new report states. Aside from payments in ransom — estimated at about $110 million over the past two years — there have also been increased transportation and insurance costs, as well as co
Shipbuilder STX Europe has linked up with a South American partner to develop a new shipyard in Brazil to serve the growing oil and gas services market there. STX said it is to develop the new construction yard at Fortalez in Ceará state in Brazil with a local partner, PJMR, which will follow up on
A Marshall Island flagged chemical tanker, UBT Ocean, is reported to have been hijacked on March 5, 300 nautical miles from Dar El Salam. The Norwegian owned UBT Ocean was not registered on MSCHOA. UBT Ocean has a crew of 21 and they are all from Myanmar/Burma.
A total of 60 vessels have now signed up to the 2010 Tall Ships’ Race, which will hold its finale in Hartlepool. The international event is expected to attract more than one million visitors. The ships will arrive on 7 August from Kristiansand in Norway and leave a few days later in what organisers
Sea level rise creates new business opportunity and “green jobs” that we’ll see more of, borne from the effects of climate change, as sea levels rise. The first floating island has just been commissioned this week by the sinking island nation of the Maldives, from Dutch Docklands… [mappress] Source:
The minister of Agriculture and Livestock (MAG), Javier Flores Galarza, along with the minister of the Presidency, Rodrigo Arias Sánchez, visited the regions of Ortega and Bolsón of Santa Cruz, Guanacaste,in order to observe the lower bank of the Tempisque river… [mappress] Source:insidecostarica,Ma
The folks at Dole are looking forward to the day when a deeper shipping channel on the Delaware River might allow them to bring in their fruit in bigger ships… [mappress] Source:delawareonline,March 7,2010;
GREEN BAY – More than $12.5 million in state grants will be used to improve ports and add jobs in Green Bay and Manitowoc… [mappress] Source:fox11online,March 7,2010;
Russian investors would like to develop a coal terminal at Liepaja Port, according to the newspaper Bizness&Baltija. The planned investment is from EUR 50 to 100 million (LVL 35-70 million), but the time period for the implementation of the project has not been revealed… [mappress] Source: The Balti
