The latest Shipbuilding Market Forecast, published by Lloyd’s Register – Fairplay Research, predicts continued modest-but-steady growth for the passenger ship sector over the next five years. The monthly research report provides detailed analysis and forecasts covering all sectors of the passenger s
Total SA has exercised its rights to acquire a 45% share in the 147,000-b/d Vlissingen refinery in the Netherlands from Dow Chemical and entered an agreement to sell the stake to Lukoil at the end of June. Total owns 55% of the refinery. It said the sale to Lukoil is contingent on acceptance of the
Keppel Shipyard Ltd is close to completing the conversion of FPSO Armada Perdana for repeat customer Bumi Armada Berhad (Bumi Armada). A ceremony for the naming of the Floating, Production, Storage and Offloading vessel (FPSO) prior to its deployment in the Oyo field, 70km off the coast of Nigeria w
Norway’s PA Resources has participated in a new deepwater oil find in the Republic of Congo operated by Murphy Oil. PA said the Turquoise Marine 1 well in which it has 35% was drilled in the Mer Profond Sud block off Congo and hit more than 41 m (134 ft) of net oil pay after […]
With the arrival of the ‘NYK Commodore’ at Shenzhen’s Shekou Container Terminal (SCT) in late June, Nippon Yusen Kaisha (NYK) and Nile Dutch launched the new SWAX (Asia-West Africa) service, which runs fortnightly between Asia, South Africa and West Africa. Four 2,260TEU vessels will be deployed on
The latest completion by Scotland’s Macduff Shipyards is the ‘Ellorah’ for the Shaulora Fishing Company. The vessel will be skippered by Graeme Buchan and Graeme Smart, owners of the company. The vessel is a new design by the yard and is arranged as a twin rig prawn/whitefish trawler. The vessel wil
Sailing the Mediterranean from Venice to Barcelona, ms Oosterdam recently celebrated a milestone with her 300th cruise. The sailing came a few weeks after extensive upgrades in Fincantieri’s Palermo Shipyard in Italy to add new guest staterooms, dining options, public areas and a specialty wine bar.
A Devon-based warship has been involved in the seizure of 12.4 tonnes of cannabis resin which was being smuggled in a small cargo boat. Crew from the Type-22 frigate HMS Cumberland, based in Devonport, Plymouth, covertly tracked the dhow in the Gulf of Aden before boarding it. A search team found th
A ministerial meeting held in Dhaka on July 15 discussed the first phase of the construction of a new deepsea port near Sonadia Island. The construction of the new port will begin next year with the view of being operational by 2020. The first of three phases includes the construction of nine jetty-
The owners of the QE2 have confirmed the ship will be moved to Cape Town in South Africa to become a hotel in time for next year’s football World Cup. Cunard sold the Southampton-based liner for £50m to the United Arab Emirates real estate developer Nakheel. It had planned to refurbish the ship and
The Hyundai-Vinashin Shipyard launched a 56,000DWT cargo vessel on July 17. Germany’s ER Schiffahrt is scheduled to take delivery of the vessel in October. ‘ER Bergamo’, the first vessel in a series of ten cargo ships was delivered in early July. The ‘ER Bergamo’, which is 187 metres long and 32 met
To meet the growing demand for running large container vessels on varying loads, MAN Diesel has developed a turbocharger cut-out system that improves main-engine performance during low-load operation. MAN Diesel’s Turbocharger Cut-Out System lowers main-engine fuel-oil consumption and improves perfo
Plans to reduce rising emissions from global shipping have faltered at a key international meeting. The International Maritime Organization delayed a decision to raise the cost of ships’ fuel and use the money to help poor nations tackle climate change. Delegates from developing countries complained
Somali pirates have released a German-owned cargo ship held for nearly three months and its crew of 11 Romanians. The pirates said a ransom of $1.8m (£1.1m) was paid. Reports say they fired in the air in jubilation when the money was delivered in a tugboat. The ship – the MV Victoria – was captured
