Qingdao’s new Qianwan Container Terminal (QQCTN), operator of the Qingdao Qianwan Container Terminal Phase 4, recently celebrated the commencement of operation. The company is a joint venture between the Qingdao Port Group, DP World, COSCO, APM Terminal and Hong Kong-based Pan Asia International.
The owners of the QE2 have admitted the ship may be moved to another port before work to refurbish it and turn it into a floating hotel off Dubai begins. Cape Town in South Africa is believed to be the front-runner as a new home for the cruise liner. Cunard sold the Southampton-based liner for [&hel
SBM Offshore N.V. is pleased to announce that the FPSO Espirito Santo, located in the BC-10 deep water field development in the Campos Basin offshore Brazil, has achieved first oil production on 13 July 2009. The FPSO is chartered by the BC-10 Joint Venture, which is operated by Shell with ONGC Camp
The Port of Aalborg, Denmark, also referred to as the Nordic Transport Centre, has recently ordered a G HMK 7608 B Mobile Harbour Crane, a variant of Model 7 in the current Generation 5 series, from Gottwald Port Technology for handling bulk materials, containers and general cargo. This four-rope cr
Utkilen, a Norway-based shipowner, has cancelled an order for three 9,500DWT chemical tankers at Italian shipbuilder Cantiere Navale de Poli. Utkilen’s 2009 annual report showed that the contracts were cancelled and that the refund guarantees for yard instalments were put in place.
It will take three to five years for world shipping to absorb tonnage coming from the yards, and the time it actually takes will depend on how many old ships can be scrapped and how many orders for new ones can be cancelled, said Tom Kim, a Hong Kong-based shipping analyst with Goldman Sachs. “Asia/
More than 90 personnel from the Trinidad and Tobago Coast Guard (TTCG) have completed a comprehensive Austal vessel training program in preparation for the delivery of their six vessel Fast Patrol Craft fleet in early 2010. The crew training program – held at Austal’s dedicated training facilities i
A ship repair and marine services company has been bought by a Welsh firm for an undisclosed sum. The Bailey Group, based in Cardiff, has taken control of the A&P Group, which employs 600 staff at four sites. They include: Hebburn on Tyneside, Middlesbrough in Teesside, Chatham in Kent and Falmouth
One of the largest banks in Russia, Sberbank, has prevented the bankruptcy of the Amur Shipyard by increasing its shareholding stake from 22.27 percent to 59.12 percent.
Acergy has collected new flexible pipelay work for its Polar Queen installation vessel working for Petrobras offshore Brazil. Polar Queen is due to commence the new four-year contract in early 2010, and the deal includes options for another four years.
The depressed shipping market condition has dragged down the container throughput of Taiwan’s port of Kaohsiung by 20 percent year-on-year during the period from January to April, stated Shieh Ming-hui, Kaohsiung Harbour Bureau Director.
The Vietnamese Foreign Ministry has asked China to release twelve Vietnamese fishermen and two boats currently being held in Chinese custody. Chinese fishery patrol vessels detained three Vietnamese fishing boats and 37 sailors on June 16 on the grounds of illegal fishing while they were catching fi
The safety of the UK’s offshore installations is improving but the “challenges are ongoing”, the Health and Safety Executive has said. The HSE review said work had taken place to rectify issues giving concern. Judith Hackitt, from HSE, said: “This is a work in progress and the momentum for improveme
An Evergreen Marine container ship set sail last Saturday as part of a project to measure and monitor the distribution of greenhouse gases in the Pacific Ocean. The US$70 million 298-metre-long, 5,364TEU ‘Ever Ultra’ departed from the newly-built Taipei Port destined for the Persian Gulf. The vessel
