CTG ship-breakers import 42 large ships in last two months Chittagong-based ship-breakers imported 42 large-sized recyclable ships in February and March this year at a cost of US$ 45 million, according to Jasim Khan's news report in the Financial Express. Industry sources said the ships will be able to supply about one million tonnes of MS rod -- a major construction material -- against the annual national demand for four million tonnes. The government earlier suspended import of recyclable ships for about a year to reduce related accidental and environmental hazards. Later on, it introduced new rules for ship breaking, and formed a Ship Breaking Cell at the Ministry of Industries to implement the rules. Both the industry people and ministry officials said they are now working together, with their limited workforce, to ensure 100% compliance with the new ship-breaking rules. The ship-breaking industry that has developed in Chittagong, is the main source of raw materials of some 500 private sector re-rolling mills and 50 steel mills to produce mild steel rods, bars, and angles at affordable prices. The industry is also contributing to the local ship-building sector through supplying used machineries and materials.
On October 18, 2001, the Naval Sea Systems Command (NAVSEA) announced the award of a $406.9 million competitive contract for the detailed design and construction of the lead ship of the T-AKE Auxiliary Cargo and Ammunition Class to National Steel and Shipbuilding Company (NASSCO) of San Diego, Calif. Major subcontractors are IMECO of Iron Mountain, Mich.; Hopeman Brothers Marine Interiors of Waynesboro, Va.; Alstom Power Conversion Inc. of Philadelphia, Pa.; B.F
The Directorate General of Shipping (DG, Shipping) has asked India’s biggest oil explorer Oil and Natural Gas Corporation (ONGC) to recall 27 of its 46 supply ships for undergoing safety audits immediately. The DG Shipping directive, which could lead to the disruption in oil production, has come within days after an ONGC-chartered ship, Samudrika-10, sunk off the Mumbai coast, killing five people on board. In a notice dated July 11 to ONGC
Hamburg/Shanghai, 3 May 2011 - Germanischer Lloyd (GL) has recently intensified its efforts to help shipyards, ship owners, suppliers and recycling facilities in Asia to comply with the forthcoming International Convention for the Safe and Environmentally Sound Recycling of Ships ("Hong Kong Convention"). Two well-trained GL ship recycling experts are now stationed in China and Singapore respectively, offering all stakeholders a full range of services including certification
Standard & Poor's has revised the outlook on MC Shipping Inc. to negative from stable. At the same time, the company's single-'B' long-term corporate credit rating and single-'B'-minus senior unsecured debt rating were affirmed. The rating on MC Shipping reflects the shipping industry's below-average characteristics, and the company's weak financial profile. MC Shipping is part of the Vlasov Group-a major ship-owning and ship-management group
Approach to Shipping Taxation Moore Stephens said it is important the UK government does not introduce changes in next week's Budget which would adversely affect the UK shipping sector. Noting that UK shipping is in a positive mood after years of decline, Moore Stephens says that positive moves must not followed by negative ones, particularly given the long-term nature of shipping investment. The government's pre-Budget report last December contained no specific proposals that might
Gdansk shipyard wants to build seven ships this year and starts first projects without stat subsidies. Gdansk shipyard denies the rumors that it has problems with contracts to build ships. The company has built a seismic ship for a Norwegian ship owner and is going to produce three seismic ships altogether. The shipyard will also build a ship for a German ship owner. The ship should be ready in the second half of the year. In May, the last ship for Stocznia Gdynia will be ready.
Höegh Autoliners signed a nine vessel ship management deal with Wallem Ship Management yesterday at the Höegh headquarters in Oslo, Norway. The ship management agreement cements a deal between the companies, with Wallem delivering technical and crew management to nine PCTCs from its Singapore base. Wallem broadened its ship management business to Singapore in 2013, complementing the company’s existing ship agency services in the city state
Bermuda's transport minister came out against allowing a new generation of huge cruise ships capable of carrying up to 3,000 passengers to dock at the islands. Transport Minister Ewart Brown said the British territory did not want the massive cruise ships to dock because of environmental and infrastructure concerns. A draft government policy on the cruise ship industry will reflect concerns that the island's shipping lanes would need to be dredged to handle the massive ships
General Dynamics NASSCO began construction of the third ship in its series of nine product carriers. The shipyard is scheduled to lay the ship’s keel in November and deliver the ship to U.S. Shipping Partners in the fourth quarter of 2009. In August 2006, General Dynamics NASSCO received a $1 billion contract from U.S. Shipping Partners to build the nine ships, which are designed to carry petroleum and chemical products in Jones Act trade between ports
A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority (AMSA) which identified a number of deficiencies. MV Bulk Ingenuity was detained under the Navigation Act 2012 for failing to carry
Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.R. 5270, the Growing American Shipping Act, which aims to modernize U.S
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners
Del Mar Marine Corp. announced it has signed an agency agreement with Ciramar Shipyards allowing the company to promote Ciramar Shipyard´s docking and facilities in Dominican Republic as well as its services globally. The agreement was signed during the event Maritime Week Americas (MWA)
Brazil's state-controlled oil company Petrobras signed on Friday a $500 million loan from Japan to build eight ship platforms for the oil industry, as part of the visit of Japanese Prime Minister Shinzo Abe to Brazil. Japan will also help Brazil's state development bank BNDES promote investment
German navigation system manufacturer Raytheon Anschütz announced the launch of navigation system innovations as well as improvements to existing technologies for this year’s SMM. The world’s first IMO-certified Integrated Navigation System (INS)
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS), establishing policies and procedures for the survey and classification of MARAD’s National Defense Reserve
Mammoet Salvage helps avert environmental disaster in the Galápagos Islands Mammoet Salvage and its partner, CPT Remolcadores SA of Chile, recently responded to a State of Emergency issued by the government of Ecuador after cargo ship Galapaface 1 – loaded with 19
Today in U.S. Naval History - August 1 1801 - U.S. schooner Enterprise captures Tripolitan ship Tripoli 1921 - Successful tests of gyroscopic high level bombsight (Norden Bombsight) at Torpedo Station, Yorktown, VA. Carl Norden developed the bombsight for the Bureau of Ordnance.
The U.S. Coast Guard Cutter Eagle is scheduled to arrive in Rockland, Maine, Friday, at 3 p.m. as part of its 2014 cadet summer training deployment. The Eagle's visit to Rockland is to celebrate the Maine Lobster Festival. The Eagle will be open for free public tours Saturday, Aug. 2, from 1 p
More than 800 Australian Navy, Army and Air Force personnel are on their way home after taking part in RIMPAC, the world’s largest naval exercise, which concluded in Hawaii today. Australia sent the Royal Australian Navy (RAN) ship HMAS Success and Submarine HMAS Sheean
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
Langh Ship received on July 17, 2014 final class approval from Germanischer Lloyd for its exhaust gas cleaning system on m/s Laura, a 1996-built a 6,500 DWT general cargo vessel equipped with a 6 MW main engine. “The technology had already been accepted earlier
After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking good. Seemingly unable to find enough buyers willing to take a risk on million-barrel cargoes of disputed crude
Greece safely evacuated embassy staff and more than one hundred Chinese and European nationals from Libya early on Friday with a navy frigate sailing back to the Greek port of Piraeus, its defence ministry said. Athens had sent a frigate and two other vessels to Libya to evacuate workers at its