Launching of China’s largest state of the art patrol vessel, Haixun 01, was held on July 28, in Hubei province, marking the country’s push forward to modernization of its surveillance fleet, China daily reports. The 128.6 meter long vessel weighs 5,418 tons and it can develop 37 km per hour speed. I
According to the statistics published by the Japan Ship Exporters’ Association, Japanese export ship market is facing rough times as the European debt crisis is taking a greater grasp on ship-owners, causing the reduction in demand for new vessels. Japan, which is competing shoulder to shoulder with
The U.S. Navy, on Friday (July 27th 2012), awarded Huntington Ingalls Industries a $1.5 billion fixed-price incentive contract for the detail design and construction of the amphibious transport dock LPD 27. The ship will be built at the company’s Ingalls Shipbuilding division. “This contract validat
The steel cutting ceremony of two state-of-the-art Equinox Class bulk carriers (MD156 & MD161) which are being built for Algoma Central Corporation was recently held at the fabrication workshop of Nantong Mingde Heavy Industries. The Equinox Class design balances hull form, power and speed with opti
On Thursday, 26 July 2012, Hamburg Süd celebrated the christening of its “Santa Ursula” container ship in the port of Santos (Brazil). The sponsor of the “Santa Ursula” is Marcia A. M. dos Santos, Vice President of Marfrig Alimentos S/A. The “Santa Ursula” is the eighth new build in a series of ten
The signing ceremony of Strategic Cooperation Agreement between Nantong Mingde Heavy Industry Group and US Cambridge Energy Group was held in Nantong Prince Hotel on July 23rd 2012. LNG Carrier, which is internationally recognized as a high-tech, sophisticated and high value-added product, has been
In its 2013 shipbuilding plan, the Navy envisions buying a total of 268 ships during the next 30 years at an average annual cost of $16.8 billion (all figures are in 2012 dollars), totaling $505 billion over 30 years. Those figures are solely for the construction of new ships, the only type of cost
Swire Pacific Offshore Operations (Pte) Limited (“SPO”), the parent company of Swire Blue Ocean A/S, today took delivery of Pacific Orca, the world’s largest windfarm installation vessel (“WIV”), from Samsung Heavy Industries (“SHI”). The vessel will be deployed to provide service for the Danish uti
MAN Diesel & Turbo has announced that its first super-long-stroke, 90-cm bore Mk 9 engine has successfully completed test bed trials at Hyundai Heavy Industries Engine & Machinery Division. The S90ME-C9.2 covers the new trend in container shipping demanding smaller bore, super-long-stroke engines wi
Increasing demands for cost and resource efficiency in ship operations and the growing importance of sustainable management have resulted in repeated critical examination of the individual material and process cycles by shipping companies and shipbuilders in recent years. Until now, ballast water on
Having recognized the growing domestic interest for the cruise industry, China has launched construction of its first large luxury cruise liner on Wednesday, within the framework of Southeast China International Shipping Center package. Namely, the 16.73 billion yuan (2.63 billion U.S. dollars) wort
Turbine Transfers Ltd, a wholly owned subsidiary of Holyhead Towing Company, has been awarded a multi-million-pound contract by RWE npower renewables to provide six crew transfer vessels for the Gwynt y Môr offshore wind farm. In addition, the company will provide two more vessels for the German Nor
GulfMark Offshore Inc., a company which serves major offshore energy markets in the world through the provision of marine transportation services, announced the construction of two additional Jones Act PSVs for the U.S. Gulf of Mexico. According to Bruce Streeter, President and CEO, this will bring
Lamprell, a leading provider of specialist engineering services to the international oil & gas and renewables industry, made the following announcement: Following the Company’s Trading Update of 7 June, the Company has been undertaking a further review of its financial position and as a result has n
