Brazilian tycoon Eike Batista's bankrupt shipmaker and sister oil company are extending tests in the offshore Tubarão Azul field until March 7, according to a Wednesday securities filing. OSX Brasil SA said its OSX-1 platform would continue tests in the field operated by Oleo e Gas Participações SA, the oil producer formerly known as OGX. The failure to produce as much oil as expected at Tubarão Azul, Batista's first offshore field, led to the meltdown of his energy and mining group, resulting in Latin America's largest-ever bankruptcy protection filing.
The ship to which China owns the full intellectual property rights is on the international market for the first time, according to People's Daily. Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. and Costamare Shipping Co. Greece signed a contract to build four of the 8,530 TEU container ships. The 8,530 TEU container ship is said to be the largest ever exported. Source: People's Daily Online
Schat-Harding has been chosen to supply the lifeboats, tenders and davits for reportedly, the largest ever cruise ship order to be placed at France's Chantiers de l'Atlantique yard. Schat-Harding will supply six CTL38 tenders, 20 MPC32 150 person lifeboats and 2 MCB24 combined life / rescue boats and davits to the two vessels, ordered by MSC Cruises. The 333 m long vessels will carry 3,887 passengers and more than 1,300 crew
The largest-ever Canadian ship built for the Great Lakes-St. Lawrence was christened at Port Weller Dry Docks at the Lake Ontario entrance to the Welland Canal. CSL Niagara is the newest member of the Canada Steamship Lines fleet, and the first of three ships built by Port Weller as part of a $100 million fleet reinvestment program by CSL. Measuring 740 x 78 x 48 ft., Niagara required more than 6,000 tons of steel for construction
Becker Marine Systems receives order for 93m2 TLKSR rudders - the largest ever built. 93m2 TLKSR Rudder ordered by STX O&S for 16,000 TEU container vessels Becker Marine Systems has been elected by STX Offshore & Shipbuilding to design and supply the largest ever built full spade rudders for Zodiac’s container vessels of more than 90m2. The largest rudders so far delivered by Becker Marine Systems are 85m2 TLKSR® rudders that were installed on five 14
Waigaoqiao-controlled Shanghai Jiangnan Changxing Heavy Industry has signed a shipbuilding contract with CSSC Shipping (Hong Kong) to build three 16,000 TEU ships, the largest ever built by Chinese yards, reports China Logistics Portal. Jointly designed by Waigaoqiao Shipbuilding and CSSC-affilated Marine Design & Research Institute of China (MARIC), two of the ships will be built at Jiangnan Changxing Heavy Industry and one will be built at Waigaoqiao Shipbuilding.
The largest-ever Canadian ship built for the Great Lakes-St. Lawrence was blessed at a ceremony last June at the Lake Ontario entrance to the Welland Canal at Port Weller Drydocks. The vessel is the newest member of the Canada Steamship Lines (CSL) fleet, and the first of a trio of ships to be constructed by Port Weller as part of a $100 million fleet reinvestment program by CSL. Measuring 740 x 78 x 48, the newbuild required more than 6,000 tons of steel
Hyundai Heavy Industries Co said it secured orders for 31 vessels worth $3.3b in May. According to AFX News, it is the largest ever monthly shipbuilding orders total. The figure, which beat the previous record of $2.6b set a year ago, includes its affiliate Hyundai Samho Heavy Industries' orders for seven ships worth $700m. In the five months to May, Hyundai Heavy and Hyundai Samho's orders totaled $8b for 82 ships.
MAN Diesel announced a contract for eight engines to power two catamarans. The catamarans will be the latest in a series of fast multihull ferries from leading catamaran exponent Incat of Tasmania, Australia. With an overall length of 367 ft. and a beam of 98 ft., the new catamarans are the largest ever built in Australia. The new contract also involves the first orders received for the 28/33 D diesel since the engine’s transfer from MAN Diesel’s UK facilities to its engine works in
Ananda Shipyard & Slipways hands over multi-purpose 6,100 dwt vessel to Komrowski Maritim Gmbh. Ananda Shipyard and Slipways Ltd have handed over Enzian, an oceangoing multi-purpose vessel, to German company Komrowski Maritim Gmbh. The 110.9-metre long and 16.5-metre in breadth ship is the largest ever locally built ship for export, say Ananda. Bangladesh started exporting oceangoing ships in 2008, and Ananda was the first local company to export its first vessel to Europe
The Prime Mover-Trailer Owners Workers Unity Council of Chittagong Oikya Parishad has postponed their ongoing strike till October 4 at Chittagong Port. This has ended the deadlock in goods transportation at the sea port for the time being.
Hanjin's failure largest ever among container shippers; collapse has disrupted global trade networks. The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their governments, the chairman of its parent firm told a South Korean parliamentary hearing
The largest fast passenger ferry order for a U.K. shipyard in over 25 years has been confirmed by MBNA Thames Clippers. Two new 170 capacity passenger boats will be built at the Wight Shipyard Co on the Isle of Wight, and will join London’s growing river transport network in summer 2017.
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertilizer and oil giant with almost $100 billion in annual revenue, reports Reuters. The deal was reportedly proposed by China’s central
The United States has allocated more than $120 million in military aid to the Philippines this year, the biggest in about 15 years, a senior Filipino diplomat said on Friday, amid rising tension with China over the disputed South China Sea.
Europe is expected to receive its largest-ever diesel cargo after French refiner Total booked a super tanker to sail to the region even as it faces brimming storage tanks and wilting demand. Total has chartered the newly-built very large crude carrier (VLCC) tanker Alice to ship 270
From spring 2019, A2SEA will play a key role in building the world’s largest ever offshore wind farm, Hornsea Project One for DONG Energy. Capacity will be 1.2GW. A2SEA will deploy its purpose-built offshore installation vessel Sea Installer to install a part of the 174
Activity at Aberdeen Harbour remained steady throughout 2015 resulting in the port recording a 9.7 percent increase in turnover, up from £28.9 million in 2014 to £31.7 million in 2015. Pretax profit was also up by 21 percent at £15.03 million, compared to £12
Yesterday (30 June) was a big day for GAC UK’s Shetlands office, as Offshore Manager Adrian Henry welcomed the P&O Cruises ship ‘Azura’ to the port of Lerwick, the islands’ capital and home to GAC’s local office
June 30 was a big day for GAC UK’s Shetlands office, as Offshore Manager Adrian Henry welcomed the P&O Cruises ship Azura to the port of Lerwick, the islands’ capital and home to GAC’s local office. The 115,055t Azura is the largest ever cruise vessel to have called at the
Norsepower Oy Ltd., the leading provider of low maintenance, software operated, and data verified auxiliary wind propulsion systems, has been selected to receive €2.6 million in funding to further its research and development of the Norsepower Rotor Sail Solution technology
Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway. The ECL acquisition aims to strengthen Samskip’s position in the Norwegian market by enhancing the speed and
A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.
Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets. South Korea's Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing the support of its banks, setting the stage for its assets to be frozen as ports from
About 10 Hanjin vessels effectively seized at China ports; Court says plans to start rehabilitations proceedings soon. Hanjin Shipping Co Ltd vessels have been seized at Chinese ports in the wake of the South Korean firm's collapse, further roiling the industry as freight rates jump and