According to a report from the Daily News out of Sri Lanka, the Colombo Dockyard undertook to handle two LPG carriers which will generate around $1.6m to the country, Colombo Dockyard Managing Director Mangala Yapa told Daily News Business. The Shipping Corporation of India, owned LPG carriers Nanga Parbat (17,601DWT) and Anapurna (17,601DWT) sister ships called in for lay up and dry docking repairs during February and March 2011 respectively. (Source: Daily News)
Colombo Dockyard Ltd. (CDL) said it was in the preliminary stage of talks with Croatian shipbuilders on possible collaboration but says there is no joint venture plan for a yard in Hambantota. It said in a statement to the Colombo Stock Exchange that the idea of possible collaboration in shipbuilding between Croatia and Sri Lanka was mooted by the Sri Lanka mission in Vienna. Last Thursday, minister for enterprise development and investment promotion, Sarath Amunugama
Chemoil Corporation has commenced supplying bunkers in Sri Lanka. Local deliveries will be made by Lanka Bunkering Services Ltd. (LBS), a joint venture between Chemoil and local company, Sri Lanka Shipping Company (SLSC). SLSC is a well known shipping company in Sri Lanka who until recently sold bunkers using its subsidiary Lanka Maritime Services (LMS). Chemoil will join forces with SLSC, using its international network of customers and global experience in combination with SLSC's well
According to a report from the Sunday Times, Colombo Dockyard, of which Japan's Onomichi Dockyard has a 51% stake, has released its financials for the twelve months to end-December 2010, indicating a group revenue of Rs. 14.5b, compared to Rs. 13.49b for the same period last year. However, it was an increase in group cost of sales to Rs. 11.22b, from Rs. 9.98b. (Source: the Sunday Times)
On 10 September EUNAVFOR Operation ATALANTA assets intercepted and forcibly stopped a suspected Somali Pirate skiff which was involved in the abduction of a crew member from the French Sailing Yacht (SY) TRIBAL KAT. The successful operation resulted in the safe release of Mrs Colombo, who was unharmed. Seven persons suspected of carrying out the pirating and abduction have been detained. On 8 September, responding to a distress call
Singapore's Greatship Global Offshore Services Pte. Ltd. takes delivery of the vessel from Colombo Dockyard, Sri Lnaka. Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV Support Vessel, Greatship Ragini. Greatship Ragini is a DP2 vessel
The Sri Lanka Ports Authority has begun construction of a $16 million berth in the eastern Trincomalee Harbor to increase cargo handling, according to ports ministry officials. Work on the new berth, which will be able to handle both break-bulk and container traffic and would accommodate vessels up to 50,000 tons, is expected to be completed by July 2001. Trincomalee Harbor, approximately 150 miles northeast of the capital Colombo
Ahmed bin Abdulnabi Macki, minister of finance and national economy and deputy chairman of the Financial Affairs and Energy Resources Council, signed on behalf of the Sultanate's government while Nam San-tae, Daewoo chief executive officer and president, signed on behalf of his company. As per the 10-year agreement, Daewoo Shipbuilding and Marine Engineering Co. Ltd, will provide administrative and technical support
Malta Drydocks has issued an international call for applicants for a new chief executive after dismissing the British incumbent a year before his contract expires. Malta Drydocks said it had terminated the contract of Chief Executive Barry Johnson following disappointing financial results for the first five months of this year. "Malta Drydocks will be intensifying its efforts to improve operations because productivity is still low when compared to competitors," the dockyard said.
Within two years of the launch in India in 2012, the Women’s International Shipping and Trading Association (better known as WISTA), Ms. Sanjam Sahi Gupta, its Founder President, has moved fast to spread WISTA to the Indian sub continent. Her first significant effort in this direction has been the launch of WISTA in the neighboring country, Sri Lanka on 3rd July, 2014. To commemorate the occasion WISTA hosted a gala program at the Hilton
Chinese President Xi Jinping began a visit to Sri Lanka on Tuesday agreeing to open bilateral negotiations for a free trade pact as Beijing tightened its embrace of the island nation along a vital shipping route. Sri Lanka, located just off the southern tip of India
Capital Product Partners L.P. (CPP) an international diversified shipping company, says it has secured time charter employment for the M/T ‘Avax’, M/T ‘Agisilaos’ and M/T ‘Alkiviadis’. M/T ‘Alkiviadis’ (36,760 dwt
Scorpio Tankers Inc. say it has recently taken delivery of seven newbuilding vessels as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho Heavy Industries in September 2014. Upon delivery, each vessel began a voyage for 45 days at approximately $30
Hyundai Mipo Dockyard (HMD) delivered the fourth high value platform supply vessel (PSV) for BP Shipping at its main shipyard in Ulsan, South Korea. HMD won four PSVs from BP Shipping in March 2012 and already delivered three same type vessels from January to July this year.
Her Majesty The Queen has officially named the HMS Queen Elizabeth in front of a crowd that included shipbuilders, the Prime Minister and the Defence Secretary, informs the UK Ministry of Defence. The naming ceremony concluded with the smashing of a bottle of whisky over the bow of the ship
Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report. Stock Buyback Program The company has purchased 6,327,861 of its common shares in the open market at an average
CMA CGM Group is pleased to announce that the CMA CGM MANET will arrive in Sydney International Container Terminals in Australia on July, 22nd. The bottles of Burgundy Wine will then have completed the first part of their trip around the world, that began on June, 14th.
Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners. Wilhelmsen Technical Solutions (WTS) has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for
Women’s International Shipping and Trading Association (better known as WISTA), was launched in Sri Lanka on the 03rd July 2014, at the Hilton Residencies Colombo amidst a
A huge section of HMS Prince of Wales has arrived in Rosyth as the dockyard prepares for final assembly of the second Queen Elizabeth Class aircraft carrier, shipbuilder BAE systems announced. The 8,000-metric-ton hull section, known as Lower Block 03
The offshore patrol vessels (OPVs), which will be used by the Royal Navy to undertake various tasks in support of UK interests both at home and abroad, will be built at BAE Systems’ shipyards in Glasgow, informs the UK Ministry of Defence.
Scorpio Tankers Inc. says it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea. The purchase price of the vessel is $37.1 million with delivery expected in September 2014
Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea ("SPP")
NewZealand's KiwiRail says that the Interislander ferry Arahura has left Wellington for her scheduled bi-annual dry-docking in Devonport, having last visited Auckland in July 2012. Docking is being undertaken at the Devonport Dockyard under the management of Babcock’s New Zealand
A number of orders are reported by Clarkson Hellas in their latest S&P Weekly Bulletin, with contracts being signed across the Dry Bulk, Tanker and Container markets. Dry bulk carriers Activity has been focused amongst the small/midsized vessels with Empros Lines reported to have signed up