European governments and enterprises continuing to flout fisheries regulations are to be denied access to EU public funds, according to measures agreed by the EU Fisheries Council this week. WWF has welcomed the Control and Enforcement Regulation creates a common system of rules and sanctions to be
Exim News Service reported that shipbuilding companies in the country which are in the doldrums now because of the global economic meltdown that has whittled down orders for new buildings have begun to focus on repairs in a big way. Since new building orders for bigger ships are drying up, major pla
A crude oil tanker collided with a service vessel in the Gulf of Mexico near Texas, spilling 18,000 gallons (68,140 litres) of the tanker’s fuel but none of its cargo, the U.S. Coast Guard said on Wednesday. The accident occurred in rough seas late Tuesday after the tanker finished receiving crude o
The Russian Navy’s Pacific Fleet is making a call at Port Klang until Monday. It comprises an anti-submarine ship, a tanker and a tugboat, the Russian Embassy said in a statement. The fleet, carrying the Pacific Fleet’s marine units and two helicopters, is on their way back to port Vladivostok after
Orion Marine Group has confirmed that it has been awarded a contract worth approximately US$10 million. Orion Marine Group’s wholly owned subsidiary, King Fisher Marine Service, was awarded the contract by the US Army Corps of Engineers to dredge approximately 3 million cubic yards of material in th
Sydney is preparing for another busy cruise ship season with over 100 ship visits scheduled over the next six months. Ports Minister Joe Tripodi welcomed the 78,000-tonne ocean liner, ‘Rhapsody of the Seas’ for its first visit to Sydney for the 2009-10 season. “A total of 118 vessels are scheduled t
Nordic Heavy Lift has announced that the hull of the heavy lift/construction vessel Borealis was launched on 19 October and is now afloat alongside at Nantong Yahua Shipyard in Nantong, China. The construction contract for the hull, including a major part of the pipe work, was sublet by NHL’s main c
SBM Offshore N.V. announces the following news: 1. Aseng FPSO Contract Award and Joint Venture Agreement with GEPetrol Further to a previous announcement dated 26 August 2009, SBM Offshore now advises that the formal contract has been signed with Noble Energy EG Ltd., a subsidiary of leading US-base
Wärtsilä, a leading supplier of flexible power plants and services to the decentralized power generation market, has been contracted to supply the engineering and equipment for a new bio-fuelled power plant being built in Gorizia, in northern Italy. The 34 MWe power plant will generate baseload elec
The founder of Evergreen Marine, Taiwan, said that the company would order 100 containerships next year. Expressing a wish to see the company become the largest containerline in his lifetime, 81-year-old Chang Jung-fa said that the world was recovering from the financial crisis.
Van Geest Design has developed a new 60 meter super sailer into a special concept. With a sleek and modern hull, this fly bridge sailing yacht will be a true pleasure to sail cruising around or racing in the big boat regattas. Besides the helm- and control stations there is a lounge/dining area loca
China’s transport ministry has issued a warning for the country’s ships to avoid the area of the Indian Ocean where a bulk carrier was hijacked two days ago. The De Xin Hai cargo ship was seized by Somali pirates with 25 crew on board, around 700 miles (1,100 kilometers) from Somalia’s coast. The mi
The Board of the International Association of Dredging Contractors (IADC) has presented its Safety Award 2009 to DEME Environmental Contractors (DEC), the environmental specialist company of the DEME Group for its exemplary safety performance on the remediation of acid tar lagoons in Rieme, Belgium.
The prices offered by Chinese and South Korean shipyards have fallen by about 40 per cent. A handysize now costs around USD 25 million, compared to USD 40 million 18 months ago. A Capesize newbuilding can be ordered for USD 56 million, compared to almost USD 100 million. ”It is better for owners to
