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
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 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
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
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
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
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
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.
The deal will support Aker Solution’s commitment to meet safe and sustainable offshore operations in the most important new development in the North Sea. It is a significant win for Lloyd’s Register Consulting as Aker Solutions is one of the world’s largest providers of
Reuters - Brazil's Vale SA will launch in March the first phase of its iron ore storage and distribution center in Malaysia that will improve its access to China, its biggest customer, a company official said on Tuesday. The world's top iron ore miner
Statoil and the partners in the Johan Sverdrup field have decided on a concept for the first development phase. The partners have agreed on a field center consisting of four installations and power from shore. The partners have decided on power from shore for the Johan Sverdrup field in the
Bollinger Shipyards, Inc. was notified yesterday by the United States Coast Guard (USCG) that Bollinger is one of three companies selected for award of Phase I for the Offshore Patrol Cutter (OPC) program. Chris Bollinger, President of Bollinger Shipyards provided remarks today after receiving
Acquisition Update: U.S. Coast Guard Awards Three Contracts for Offshore Patrol Cutter Preliminary and Contract Design. In a process that has come a long way since the early days of the Coast Guard's so-called "Deepwater" recapitalization efforts, the U.S
Statoil and the Thai exploration and production company PTTEP have signed an agreement to divide their respective interests in the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada. Following the transaction, Statoil will continue as operator and 100% owner for the Leismer and Corner
The Los Angeles City Council unanimously approved a 50-year lease to transform a 100-year-old pier on the L.A. Waterfront in San Pedro into a world-class urban marine research and innovation center called AltaSea at the Port of Los Angeles
The overall economic situation did not improve in 2013. According to current forecasts, the global economy will grow by just under 3% and global production probably by 3.1%. In this year the volume of worldwide trade will, according to World Trade Organization (WTO) forecasts, increase by 2.5%.
In the first phase of a new website rollout, Safe Harbor Pollution Insurance (SHPI) delivers the ultimate in electronic convenience with its My Harbor broker portal. This industry-leading platform enables real-time policy and claim access, empowering brokers to better service customers.
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.
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
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
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
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.
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)