Reports indicate that Hyundai Heavy Industries Co., said yesterday that it set in December a new record in the monthly output of large ship engines. Hyundai Heavy produced 17 large ship engines capable of generating a total of 890,000 horsepower last month, well above its previous record of 760,000 horsepower in June, the company said. The record is attributable to the company's expansion of its facilities, installation of new equipment and increased efforts to clinch orders, Hyundai said. December's engine output is more than three times the monthly average of 250,000 horsepower by Mitsui Engineering & Shipbuilding Co., Japan's industry leader, Hyundai said. Source: Hearald International Tribune
On July 3, 2003, a record 24 Panamax-sized vessels transited the Panama Canal. Nearly one million tons of cargo were transported through the Canal. Never before has the Canal broken two significant records in the same day. Recent Canal improvements and operational efficiencies have reduced Canal Waters Time (CWT), particularly important to transiting Panamax vessels and enhancing reliability. Over the past several months, the ACP has seen a significant rise in Panamax traffic.
The Manitowoc Company reported outstanding results for the quarter ended June 30, 2007, setting records again for net sales, earnings per share, and backlog. For the quarter, net sales totaled $1.019 billion, the first time that the company's quarterly revenue exceeded $1 billion, which is an increase of 37 percent from the second quarter of 2006. Reported earnings per diluted share were $1.53 for the second quarter of 2007 compared to $0.67 for the second quarter of 2006.
The Italian Company Costa Cruises and Fincantieri have together set record: for the first time ever, two ships have been launched the same day – the Costa Luminosa and Costa Pacifica, respectively the 13th and 14th members of the Costa fleet, which will both enter service next year. The Costa Luminosa, which will be able to accommodate 2,828 Guests and is 92,700 gross tonnage, was launched at Fincantieri’s shipyard in Marghera () in the presence of the Honorable Renato
Houghton Offshore has enabled the Transocean Sedco Forex to set a new world record for the deepest well drilled to date. The drillship Discoverer Spirit used a subsea blowout preventor (BOP), operating on a 2 percent mixture of Houghton Stack Magic 200 BOP fluid, as it drilled at 9,727 ft. below sea level in the U.S. Gulf of Mexico, surpassing the previous record of 9,687 ft. set earlier this year. "The previous world record had been set on that same drillship using Houghton's BOP fluid in
Sets New Records for Newbuildings & Class Transfers Classification society ClassNK has announced its official registration figures for 2012, revealing that the Tokyo-based society registered nearly a thousand vessels totaling more than 25 million gross tons in 2012. The announcement was made on 28 January 2013 following the January meeting of the ClassNK Classification Committee, which reviews and certifies all registrations and certifications made to the ClassNK register.
Lerwick Harbour, Shetland Islands, Scotland, logs best cruise season yet, with number of vessels visiting setting four new records. The records set in the 2012 season, which began in April and ended, Saturday 22 September, were 37,572 passengers, topping the previous highest figure of 30,843 in 2010. 52 cruise ships, beating last year’s record of 50. 1,531,097 gross tonnes of shipping, up on the previous record of 1,220,455 gross tonnes in 2010.
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what the company believes is a world record for the deepest water depth by an offshore drilling rig of 10,194 feet of water while working for Reliance Industries offshore India. The rig, which is owned by a joint venture with Quantum Pacific Group, surpassed Transocean's prior record of 10,011 feet of water
Transocean Inc. said that the its jackup GSF Rig 127 set a world record for the longest extended-reach well ever drilled at 40,320 ft. (12,289 m) MD (measured depth) with a 35,770-ft. (10,902-m) horizontal section. The well was drilled offshore Qatar in 36 days and incident-free. The new record of 7.6 miles is also the first well in the history of offshore drilling that exceeds 40,000 ft. (12,191 m). The well surpasses by approximately 2,000 ft. the prior extended-reach record of 38,322 ft
Hemisphere (formerly Project Gemini), designed by naval architects Van Peteghem Lauriot Prévost (VPLP) and built by Derecktor Shipyards in Bridgeport, CT, is on course for delivery later in 2008. With a length overall of 145 ft. and a gross tonnage of just under 500, is set to scoop the record as the world's largest sailing catamaran. The result is a design with practical features blending speed and stability with both space and style
Plans to terminate commercial tours to the North Pole on the nuclear-powered icebreakers of the Atomflot company in 2016 have surged the demand for these tours. Sergey Shirokiy, the chief of the tourist department of the Russian Arctic national park summed up the results of the tourist
KEP Marine releases today the innovative network video recording system and new HD cameras. The plug-and-play KVNR-8001 network video recording system is simple to install with easy to use commands and remote operating capability. Offering high definition footage recorded at 30 frames
The Subic Bay Metropolitan Authority (SBMA) said that the volume of container cargo handled the Port of Subic between January and August nearly doubled year on year. SBMA Chairman Roberto V. Garcia said container volume at the Port of Subic has already reached 83
Total annual operating costs in the shipping industry fell by an average of 0.8 percent in 2014, said international accountant and shipping consultant Moore Stephens. This compares with the 0.3 percent average fall in costs recorded for 2013
With the opening of three new offices in Asia, The Palau International Ship Registry (PISR) said it is pushing ahead with a growth strategy intended to place the Palau flag among the region’s foremost ship registers. The newly opened offices in Qingdao and Dalian, China, and Tainan
GOST (Global Ocean Security Technologies) released its next generation security video solution, the GOST Watch HD Internet Video Recorder (IVR). The new video recording system features a four terabyte hard drive – designed to capture and store video on a modern yacht – that is capable
Subsea operation specialist, Swire Seabed, has placed an order for the acquisition of two Kystdesign Supporter Work-Class Remotely Operated Vehicles (WROVs) with Lidan Launch and Recovery Systems (LARS), for delivery in February 2016. Swire Seabed has the option to purchase two more WROVs
OPEC forecasters expect oil prices will rise by no more than $5 a barrel a year to reach $80 by 2020, with a slowing in rival non-OPEC production growth not enough to absorb the current oil glut, according to OPEC sources. The sources said the figures came from an updated mid-term
At the Khalifa Port Container Terminal, which is operated by Abu Dhabi Terminals, container volumes increased by 41 per cent in the first seven months in 2015 over the same period in 2014. With this phenomenal growth, Abu Dhabi Port Company, the master developer
ABP’s ports of King’s Lynn and Ipswich have handled record levels of grain exports. Following extensive levels of investment in facilities, both ports enjoyed the highest number of exports in the month of August.
The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make records available that provide important information on the condition of the ship and its machinery when a ship changes owner.
New Zealand is set to welcome a record number of cruise ships this summer, including an unprecedented six ships making their inaugural visits to the country. 28 ships from its members' fleets would cruise to New Zealand over the coming months - an increase of more than 25 per cent
Helen Delich Bentley Port of Baltimore's public terminals shipped a record 9.74 million tons of general cargo in the 2015 fiscal year ending June 30, it said Monday. That was up about 1.5 percent from 9.6 million tons in 2014.
Chinese sailor Guo Chuan intends to make it world’s quickest Northern Sea Route trip from Murmansk to the Bering Strait in 14 days without engine power. His trimaran “Qingdao China" is docked in Jarfjord outside Kirkenes, Norway
AP Moeller Maersk Group has continued to fix its eyes on its forecast of a $4 billion profit for 2015, despite the challenges it is facing in its operating environment, according to Thisday Live. The group said in a statement that from its records