The world’s largest container ship, Xin Los Angeles, has been delivered by Samsung Heavy Industries Co Ltd (SHI) to Lloyd’s Register class. The ship is owned by China Shipping Container Lines (CSCL) and is operated by China International Shipmanagement Company Ltd, a joint venture between CSCL and V
Aker Yards has signed a contract with Sneingen AS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver two UT 755 LN platform supply vessels. The value of the contract is approximately NOK 320 million. This is the 19th contract between the shipowner, Island Offshore in Ulste
Finnlines has today sold the German company Team Lines GmbH & Co. KG together with its subsidiaries in Finland, Sweden and Norway for EUR 40 million (a debt-free price) to the Belgian shipping company Delphis NV. Team Lines is a container feeder company operating 23 chartered container vessels. The
Fred. Olsen Cruise Lines has announced that its fifth ship will be called Balmoral and will be the first ship of this name to sail under the Fred. Olsen flag. The 34,242-ton vessel is being purchased from Star Cruises and is currently operating for Norwegian Cruise Lines as Norwegian Crown. It will
POSCO will increase production of ship steel plates by 30 percent from 3.6 million tons to 4.7 million tons over the next three years. The steelmaker said Wednesday it will invest W90 billion (US1$=W947) in improving facilities of three ship steel production lines at its Pohang ironworks. Demand for
The removal of bunker fuel and containers from the stricken Safmarine Agulhas has began. The vessel ran aground near the East London harbour last week. Previous attempts to refloat the ship have failed. Salvors began removing containers from the stricken vessel to make it lighter before making a sec
A South Korean maritime research vessel Wednesday morning intruded into what Japan claims to be its territorial waters around a couple of disputed islands in the Sea of Japan, the Japan Coast Guard said. The Coast Guard’s Daisen patrol boat ordered the South Korean vessel by radio to immediately sus
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has announced that it has won a number of large orders worth US$3.5 billion for 31 vessels in just a month. The high record newbuilding orders in June and the early of July have eclipsed the previous monthly newbuilding record of 24 sh
The Vietnam Oil and Gas Corporation (PetroVietnam) inked a deal Tuesday with the Vietnam Shipbuilding Industry Corporation (Vinashin) a contract to build three 105,000-ton oil tankers. The oil tankers, to be built at the Dung Quat Shipyard, are to be equipped with state-of-the-art facilities satisfy
On July 3, 2006 the fifth river and sea-going dry cargo vessel “Karel” of 5600 tons dwt was delivered at the Onega Shipyard (Petrozavodsk, incorporated in the ORIMI concern). The vessel of Karelia type (108.3 meters long, 16.5 meters wide) was built to the order of the Belomor-Onega Shipping.
Dubai Drydocks, part of Dubai World, will acquire the management of Jadaf Dubai shipyard and integrate their business under one management, a senior official said. “The process has started. It may be completed when we move to Dubai Maritime City or at some later stage,” Jadaf general manager Hamed M
Finnish investors in the areas of hi tech, shipbuilding and fishing industry will visit Bulgaria by the end of 2006, the Bulgarian National radio (BNR) announced, citing the Honorary Consul of Finland in Bulgaria Krasimir Ganchev. He is the first official of its kind in Bulgaria and started operatin
A cruise liner is returning to Scotland after a second serious outbreak of sickness among passengers in less than a month. More than 100 people aboard the Fred Olsen liner Black Prince have been confined to their cabins after reporting ill with vomiting and diarrhoea. It is only three weeks since 13
Joystick Sailing is an innovative new system bringing the benefits of Superyacht sail control to new and existing yachts from 35 ft to 55 ft. With one hand on the joystick, sails can be unfurled or furled, sheeted in or out and even trimmed for flatness or fullness. A simplified electro- hydraulic p
