The first phase of the Jiangnan Changxing Shipbuilding Base has been finished and is already in operation on Changxing Island, Shanghai. Built by the China State Shipbuilding Corporation (CSSC), it has three production lines and four boatyards capable of holding 300,000-ton ships. Almost unparalleled in the world, it is the biggest shipbuilding project ever to be undertaken in China. Shanghai has the potential to be the world's largest shipbuilding base. Dubbed Project Hope, the Changxing Shipbuilding Base will accelerate the development of China's shipbuilding industry. It includes seven large boatyards and will have the capacity to manufacture 8-million-ton ships by 2015. This will help Shanghai to become the biggest shipbuilding location in the world. The base has received $2.67b worth of orders for 38 ships weighing 6 million tons, projects that will keep it busy until 2010. Source: People's Daily Online
Shell and its partners have begun production from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s south-east coast. The BC-10 project (Shell share 50%, Petrobras 35%, ONGC 15%) is comprised of several subsea fields which are tied back to a floating production, storage and offloading (FPSO) vessel, named the Espírito Santo. In 2009 the first phase of the project began production, when the Abalone and Ostra fields were connected
The Mexican state of Veracruz on the Gulf of Mexico is planning to build a massive air, rail and sea cargo terminal for international trade, according to state officials. Veracruz officials are in talks with U.S. asset manager Alliance Capital and an international consortium that includes Mexican construction company Grupo Tribasa for the project, the first phase of which would cost $500 million. Working in conjunction with local authorities
Cosco Group, China's shipping conglomerate, signed a deal with Japan's Kawasaki Heavy Industries Ltd to build a shipyard in northeast China. Cosco would control 70% of the facility, which would cost $500m in its first phase, and the Japanese heavy machinery maker would hold the remainder. Source: Malaysia Star
The Minerals Management Service (MMS) has approved a grant for $699,400 to Tangipahoa Parish in Louisiana through the Coastal Impact Assistance Program (CIAP) for the first phase of a proposed shoreline protection project on the northern edge of Lake Pontchartrain. Grant funding for the first phase of the project will provide for engineering and design service, coordination of land rights, and administration costs
The first phase of a multi-million pound redevelopment project of Aberdeen Harbor’s Torry Quay has been completed. A project milestone, it was marked by the vessel Skandi Foula, which docked at the quay before loading cargo destined for a North Sea installation. The vessel is the first to have used the new facilities, which include 300 meters of realigned, deep water berths, a stronger quayside for heavier lifts, and a wider channel in the River Dee
National Steel and Shipbuilding Company (NASSCO), was awarded a contract valued up to $22 million to finish off the second phase of a program to convert a U.S. Navy Strategic Sealift Program vessel to comply with the enhanced readiness capabilities of the U.S. Marine Corps' Maritime Prepositioning Force. Preceding by this was the project first phase, which called for the development, design, material specifications and planning for Phase II - the actual conversion work - which will commence
Shell has started production at its multi-field Parque das Conchas project 110 km off Brazil's southeast coast, where heavy oil resources lie beneath waters nearly two km deep in the Campos Basin. Parque das Conchas is a two-phase project with initial production drawn from Abalone, Ostra and Argonauta B-West. The first phase, now on-stream, involves nine producing wells and one gas injector well, which the second phase will focus on the Argonauta O-North field
The Minerals Management Service (MMS) has approved a grant for $1,237,608 to the Plaquemines Parish Government in La. through the Coastal Impact Assistance Program (CIAP). The money will be used for the first phase of a planned wetland repair and restoration project along Fringe Marsh, in the vicinity of the Plaquemines Levee in Plaquemines Parish, located approximately 50 miles southeast of New Orleans. Grant funding for the first phase will include planning, engineering and design
Kalmar, part of Cargotec, has been awarded the contract for the supply of multiple Kalmar SmartPort solution products to TecPlata S.A, a fully-owned ICTSI company. The greenfield terminal located in Port La Plata, Argentina, will feature in the first phase Kalmar SmartLift and SmartStack on its 18 Kalmar terminal tractors, nine ZPMC RTGs, two Kalmar reachstackers and three Kalmar front-end loaders. The delivery also includes the SmartMap visualisation tool.
A consortium comprising of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi, Furukawa Electric
Shangai's Baoshan District Committee aims to see the Wusongkou Interational Cruise Terminal become the flagship cruise terminal in China and even in Asia, by proactively connecting to the new Shanghai Free Trade Zone. Ultimately, the developers of the Wusongkou Interational Cruise Terminal
At the Georgia Ports Authority board meeting Monday, Executive Director Curtis Foltz reported that the GPA achieved record volumes and added additional customer accounts in October. "Strong growth, new customer accounts and additional harbor deepening funding announced this month are all
The Maria Tsakos Foundation-International Center for Maritime Research and Tradition and ClassNK have embarked on a joint venture to cooperate on matters of common interest, with emphasis on maritime research and environmental protection.
Great Lakes Dredge & Dock Corporation (GLDD) the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, report financial results for the 3 and 6 months ended June 30, 2013.
India has launched its first home-built aircraft carrier from Cochin Shipyard in southern Kerala state. The 37,500 tonne INS Vikrant is expected to go for extensive trials in 2016 before being inducted into the navy by 2018, reports the BBC
U.S. Senator David Vitter, the ranking member of the U.S. Senate Committee on Environment and Public Works, joined industry and Louisiana transportation officials here today for the release of a new economic impact report detailing the benefits of deepening the Mississippi River to 50 feet from
Following the transfer of ownership of the first nine vessels to the Chinese company ICBC Financial Leasing (ICBCL) as part of a 51 vessel sale and bareboat commitment and the payment of $144 million, Bourbon announced that the 10‐year bareboat charter period of those nine vessels by Bourbon will
Following Evergreen’s recent consolidation of its U.K. cargo handling needs at Felixstowe, the news that Hapag-Lloyd, OOCL and NYK intend to switch their transatlantic services to Southampton will leave Thamesport with no deep sea services
Aberdeen-based subsea services and technology products company Cortez Subsea say they have secured £1.5million of contracts across their range of pipeline installation and decommissioning services following a successful start to Q3 of 2013.
Fincantieri together with Genoa University's Polytechnic School, is promoting 'Innovation Challenge', with a large investment as the Italian shipbuilder seeks new shipbuilding ideas with a cost-efficiency focus. The initiative, arising from a well-established collaboration between the company and
Keppel Offshore & Marine (Keppel O&M) has strengthened its foothold in the offshore and marine industry in Mexico with the signing of an MOU (memorandum of understanding) with PEMEX Exploracion y Produccion (PEP) and P.M.I. Norteamérica, S.A. de C.V
GE Marine reports its LM500 aeroderivative gas turbine has been selected to power the Republic of Korea Navy’s PKX-B patrol boat program. The LM500 gas turbines will be manufactured in-country by Samsung Techwin at its Changwon, Korea, facility.
Wison Offshore & Marine Ltd. (Wison Offshore & Marine) announced today the commencement of the construction of key modularized components for the Petroleos De Venezuela, S.A.(PDVSA) RPLC refinery project at Wison Offshore & Marine’s Zhoushan Fabrication Yard (The Zhoushan Yard)
NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings (NAWAH), in partnership with the General Company for Ports of Iraq, has launched the first phase of a containerized terminal at Al Maqal Port, also known as the Port of Basra.