Marine link
 

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


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


Shipping Industry Slumps, but Ship Scrapping Looks Up

Alang, Gujarat: Worlds biggest ship breaking yard. Photo from Youtube video

 While the shipping industry struggles through a historic downturn, ship scrapping business is seeing accelerating demand, reports WSJ.   The global economic slowdown is putting shipping through its most bruising period since the 2008 financial crisis.    With the capacity running some 30% ahead of shipping demand, orders for new vessels have fallen to a record low this year and companies can’t get rid of ships fast enough.  


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


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


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


Mitsubishi Books Loss from Cruise Ship Business

Courtesy Mitsubishi

 Mitsubishi Heavy Industries, Ltd. (MHI) hereby announces its intent to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for fiscal year (FY) 2015 (ending March 31, 2016). 1. Background to the extraordinary loss In November 2011 MHI received an order for two large-sized cruise ships for the AIDA Cruises brand. Due to difficulties in construction of the prototype ship, the Company booked extraordinary losses of 64


Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates

File photo: Hapag-Lloyd

German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve.   The shipping industry has been grappling with a prolonged downturn brought about by overcapacity in a faltering


Hapag-Lloyd: Positive Operating Result in a Challenging Environment

Photo: Hapag-Lloyd AG

 Hapag-Lloyd AG remains bullish on the substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost-cutting programme alongwith further synergies expected due to the merger with UASC.   Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607


UK Chamber Welcomes Immigration Rule Change for International Seafarers

Photo: UK Chamber of Shipping

 The UK Chamber has welcomed an announcement by the Home Office to reform immigration rules for international students, extending the time limit to three years for educational courses which are below degree level but subject to MCA regulations that the applicant must spend 12 months at sea.


Cristobal Colon Arrives in Sydney

ESPS Christobal Colon of the Spanish Amarda arrives in Sydney Harbour. The crew of ESPS Christobal Colon will be helping to train and familiarise crews of Australias Hobart Class Air Warfare Destroyers. Photo: Royal Australian Navy

 HMA Ships Darwin, Melbourne and Parramatta have escorted the Spanish Armada's Cristobal Colon into Sydney Harbour as part of her role in providing platform and familiarisation training to Australian personnel.   Over the next three months the ship will assist in enabling Australian


Mumbai Harbour Channel and JN Port Channel to Expand

Indian Prime Minister Narendra Modi. Photo: PIB

 The Cabinet Committee on Economic Affairs, India chaired by the Prime Minister Narendra Modi here on Wednesday approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II).  


CNOOC Reports Worst Result Since At Least 2011

File photo: CNOOC

 China's offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its core oil and gas business tumbling 17 percent last year, but it expects to raise output 2017 as oil prices rebound.  


Poseidon Meets Substantial Water Needs

Photo: FCI Watermakers

Large offshore vessels and drilling platforms have atypical water demands. Daily personal use often pales in comparison to shipboard and production operation needs. FCI Watermakers' high-output Poseidon+ produces 54–103m3/14,265–27,210 gallons of fresh, pure water per day.  


Daewoo Shipbuilding to Get Fresh $2.6 Bln Bailout

File photo: Daewoo Shipbuilding & Marine Engineering Co Ltd

South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding & Marine Engineering Co Ltd, which has built up huge losses from offshore projects and risks missing debt repayments.   Daewoo


Statoil Wins Licences Off UK, 'Resets' Exploration Off U.S.

Norway's Statoil was the second top bidder for 13 oil exploration leases in the U.S. Gulf of Mexico and won six licences offshore Britain, it said on Thursday, in a sign it may be looking to boost reserves after slashing costs. "The importance of oil companies' ability to replenish


BW Group Grabs Control of Tanker Firm DHT from Fredriksen's Frontline

File photo: DHT Holdings

Shipping tycoons Sohmen Pao, Fredriksen battle over DHT; Sohmen Pao's BW Group becomes top DHT owner with 33.5 percent to surpass Frontline as DHT's top shareholder. The move likely ends Frontline's ambitions to take over DHT, as DHT had twice rejected Frontline's advances.  


Denmark Makes More AIS Data Available

(Image: DMA)

Having already published Automatic Identification System (AIS) vessel traffic data from 2014-2016 on its website, the Danish Maritime Authority (DMA) has made even more historical AIS data available. Now anyone who may be interested can also access Danish AIS data from 2006 to 2014.


Cosco Shipping 2016 Profit Dip

Photo: Cosco Shipping International (Hong Kong)

 Cosco Shipping International (Hong Kong) has seen its profit for the year ended December 31, 2016 drop 29 percent to HKD 236.5 million (USD 30.4 million) from HKD 362 million (USD 46.6 million) reported a year earlier.   Although the company’s operating profit dropped to HKD 544


VLCC Rates to Remain Weak on Output, Tonnage Woes

© Björn Wylezich / Adobe Stock

Freight rates for very large crude carriers (VLCCs), which fell to a near six-month low on Thursday, will remain weak until the Asian refinery maintenance season gets completed, starting April-end.   "I haven't seen a collapse in rates like this for some time


EGCS Ready Notation for MOL Ships

Image: ClassNK

ClassNK issued EGCSR-F (Exhaust Gas Cleaning System Ready Full) notations to nine ships operated by Mitsui O.S.K. Lines, Ltd., meaning that the ship fulfills requirement for SOx scrubber retrofitting. Following discussions on the implementation schedule of MARPOL Annex VI SOX/PM regulations at


Search Called off for Missing Cruise Ship Passenger

The search for an American cruise ship passenger who fell overboard 33 miles off the Cuban coast has been suspended after more than 16 hours of searching.   The U.S. Coast Guard called off its search Thursday evening for 23-year-old Florida resident Brandon Paul






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright