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Ship Year

Celebrity Cruises To Add Second Ship Year-Round In Caribbean 2003

Celebrity Cruises will devote a second ship to the Caribbean for the 2003 summer season to accommodate a continued demand for its Caribbean product. Century, currently sailing seven-night eastern and western Caribbean itineraries from Port Everglades, was originally scheduled to redeploy to Europe next summer, then resume her Caribbean sailings next Fall. Century now will sail the Caribbean year-round, joining sister-ship Galaxy. Celebrity will continue to operate two ships, Millennium and Constellation, next year in Europe. In addition, sister brand, Royal Caribbean International, will sail three ships, Splendour of the Seas, Brilliance of the Seas, and Grandeur of the Seas, from European ports. By keeping Century in the Caribbean, Celebrity will cancel 17 of the ship's originally scheduled European sailings, a mix of seven, 10- and 11-night Mediterranean cruises from Rome or Barcelona and two transatlantic crossings.


USS Essex Wins Energy Conservation Award

The Secretary of the Navy recently presented the Energy Conservation (ENCON) award winners for FY2002 in ceremonies conducted at the Navy Memorial in Washington, DC. USS Essex (LHD 2) was among these prestigious award winners. These Navy and Marine Corps activities were singled out for executing comprehensive conservation programs based on senior-level command involvement, well-staffed and trained energy teams, aggressive awareness campaigns


CSIS Shipbuilding Up 47 Percent in 2005

The China Shipbuilding Industry Corp. (CSIC), built 3.17 million tons of new ships in 2005, up 47 percent. In 2005, the CSIC received 3.73 million tons of new orders and 2.85 million tons of new ships are under construction. The profit it earned topped $123.9 million, up 85 percent year-on-year. China's shipbuilding companies built 12 million tons of new ships in 2005, accounting for 18 percent of the world market, ranking third after the Republic of Korea and Japan


Laid-Up Container Ships

A sharp contraction in world trade has idled more than 200 container ships, threatening the survival of many companies, according to The Journal of Commerce. "The slump in container shipping appears certain to extend into 2010 or beyond. Some companies won't survive," said Joseph Bonney, editor-in-chief of The Journal of Commerce. Carriers operating from Asia to Europe, the world's busiest container trade route, are expected to lose up to $5b this year


Opening the Artic for Business: The Risk-based Approach to Polar Code

The IMO’s Sub-Committee on Ship Design and Equipment (DE) is working on a mandatory Code for ships operating in Polar waters — widely known as the Polar Code, to supplement other regulatory instruments, including SOLAS and MARPOL. The Code will seek to address the specific risks relating to operations in Polar waters, taking into account the extreme environmental conditions and the remoteness of many locations. 


Korean Shipyard Celebrates 600th Construction

Hyundai Mipo Dockyard celebrates completion of 600th ship over 14 years Hyundai Mipo Dockyard  celebrated having built its 600th ship in 14 years since entering the market when the shipyard completed construction on the milestone vessel -- a 1000-TEU container ship named Sky Hope that will be delivered to CK Line. Since it was established in 1975, the dockyard had focused mainly on ship repairs until it took a change of course after receiving an order from a Norwegian shipper


Paris MOU Figures Reveal Increase in Safety Management Defects

After nearly 20 years of operation the Paris MOU has set its course for the years ahead. Determined targeting of substandard ships, greater transparency to the outside world and a higher level of harmonization and quality are goals for the future. At the same time ship owners, flag States, classification societies and charterers will be held accountable for their performance and involvement with sub-standard ships. While on the other hand, companies


Korean Shipbuilders Expect Sales to top $30b in '08

Korean shipbuilders are expected to post record overseas sales in 2008 on the back of continued high demand for ships, industry sources said Tuesday. According to the sources, Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co., and other shipyards are forecasting that their combined exports will top $30 billion next year, following this year’s estimated $27 billion. In 2006, local shipyards’ exports reached $21 billion.


Weak but Steady Growth in Oil & Gas Tanker Fleet

The world fleet of oil, chemical and gas tankers is predicted to continue to grow over the next five years, although at a much more sluggish rate than the previous five years, according to a Shipbuilding Market Report issued this month by Lloyd’s Register - Fairplay (LR Fairplay). The oil tanker fleet, which currently stands at 7,516 ships, is expected to grow by 1.9 percent per year over the next five years in terms of the number of ships. Deadweight ton (dwt) capacity will rise by 5


SKANReg Recruits UK Ship Register's Mazumdar as CEO

Debasis Mazumdar (Photo: SKANReg)

After four groundbreaking years as head of the UK Ship Register (UKSR), Debasis Mazumdar is moving on to become CEO of the London-headquartered St Kitts & Nevis International Ship Registry (SKANReg), with a mission to drive further growth for the ambitious ten-year-old Caribbean flag state. He succeeds Nigel Smith in the role from August 10 and will also take over from him as International Registrar after a familiarization period of three months


IBIA Celebrates 23th Annual Dinner

Jens Maul Jørgensen (Photo: IBIA)

Association appoints new board members and sets priorities for the future   The International Bunker Industry Association (IBIA) has appointed three new members to its Management Board and one new member to the IBIA in Africa Board. The appointments were announced at the Association’s


NATO Sea Mission Launched against Migrant Traffickers

NATO ships are on their way to the Aegean Sea to help Turkey and Greece crack down on criminal networks smuggling refugees into Europe, the alliance's top commander said on Thursday.   Hours after NATO defence ministers agreed to use their maritime force in the eastern Mediterranean to help


Yacht Club Takes Delivery of New Dredger

Photo: DSC Dredge

Rose City Yacht Club, a long-standing private marina and social club along the Columbia River in Portland, Ore., recently took delivery and startup of a new 8-inch Badger Class dredge from Reserve, La.-based DSC Dredge, LLC.   The Badger dredge was a much-needed replacement for an older


Port of LA’s January Volumes Up 33%

Photo: Port of Los Angeles

704,398 TEUs leads Los Angeles to busiest January in port history    The Port of Los Angeles handled 704,398 Twenty-Foot Equivalent Units (TEUs) in January 2016, an increase of 33 percent compared to January 2015, making for the busiest January in the port’s 109-year history.


US, India Consider Joint Patrols in South China Sea

U.S. Navy file photo of USS Lassen (DDG 82), Mar. 2015.

The United States and India have held talks about conducting joint naval patrols that a U.S. defense official said could include the disputed South China Sea, a move that would likely anger Beijing, which claims most of the waterway.  


Six New VLCCs Marks the Start of a Busy Delivery Year

Image: ConocoPhillips

 2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, says a report BIMCO.    The six new VLCCs were delivered in a strong winter market


Shipping Firms Poised to Settle EU Probe

Photo: Mediterranean Shipping Company

 Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according to a report from Reuters Wednesday that cites two unnamed sources.  


Maersk Line to Face Miserable 2016

Nils Smedegaard Andersen, Group CEO. Photo: Maersk Group

 In a video interview Group CEO of AP Møller-Maersk Nils S. Andersen comments on the 2015 full year result, low oil and freight rates, and the challenges and opportunities for the Maersk Group in these difficult markets.  


Maersk Falls into the Red

Photo by Maersk Line

 Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines accelerated in the latter stages of 2015.   The net profit of Maersk Group in 2015 amounted to 0


NZ's “Sound framework” for Managing Coastal Navigation

NZ Navigational Hazards Courtesy Maritime NZ

A review of coastal navigation safety by Maritime NZ has found that there is a sound framework in place to manage the movement of ships around the New Zealand coast, with procedures in place to assess risk and adjust safety measures if required.


APM Terminals Broaden Portfolio, Business Model

TCB Barcelona container terminal photo  APM Terminals

APM Terminals’ increased invested capital to USD $6.2 billion in 2015 as ongoing strategic plans to drive portfolio growth, improve productivity and safety performance, generated USD $4.2 billion in revenue, and a profit for the year of USD $654 million.


Long Beach Sees Robust Container Growth

Pic. by Port of Long Beach

The Port of Long Beach kicked off 2016 by logging its seventh straight month of cargo increases, showing a 24.8 percent jump in container shipments over the same month last year. Port of Long Beach terminals moved 536,188 TEUs (twenty-foot equivalent units


NATO Launches Sea Mission Against People-Smugglers

NATO, EU mission to help target traffickers in Aegean Sea. NATO ships are on their way to the Aegean Sea to help Turkey and Greece crack down on criminal networks smuggling refugees into Europe, the alliance's top commander said on Thursday.


Chemical Shipping Freight Rates to Remain Under Pressure

Chemical tanker orderbook to existing fleet ratio (Source: Drewrys Chemical Forecaster)

On the back of low bunker prices and more new buildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators looking to break into the long-haul trade routes


Sea IT, Veritas Tankers Ink Long-term Software Deal

Astral (Photo: Sea IT)

Sea IT has entered a long term ICT agreement with Veritas Tankers. The agreement comprises installation of BlueCORE Generation 4, an ICT platform specifically developed for the marine industry, and BlueCONNECT, a virtualized software which acts as mail server and carrier controller.  






 
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