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
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
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
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.
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
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
For the first time, the U.S. Navy's Military Sealift Command (MSC) has chartered a kite-assisted, fuel-saving cargo ship to carry military equipment. MV Beluga SkySails departed , , Oct. 5 after the first of three European port calls to load U.S. Army and U.S. Air Force cargo before the ship's month-long voyage to the . The 400-foot Beluga SkySails is the world's first cargo ship to use a sky sail – a giant, computer-controlled kite that can rise 100 yards into the air and uses wind
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
The American Society of Naval Engineers (ASNE) announced that registration has opened for its Launch and Recovery Symposium 2014: Launch and Recovery of Manned and Unmanned Vehicles from Surface Platforms. The theme for 2014 is Mission Effectiveness, Safety and Affordability.
13980 Shell Belt Road Bayou La Batre, AL 36509 E-mail: firstname.lastname@example.org Website: www.horizonshipbuilding.com President and General Manager: Travis R. Short Number of Employees: 400 The Company: Founded in 1997 by a father-and-son duo, Horizon Shipbuilding, Inc
Telemar GmbH, the German subsidiary of the Telemar Group, closed an agreement with Herm. Dauelsberg for the supply of a complete “turn-key solution” for their fleet of 18 vessels. The shipping company Herm. Dauelsberg is based in Bremen with a longstanding tradition going back more
The Centro De Formação Maritima De Angola (CFMA) was officially launched on August 27 by top management from Sonangol, the Angolan public sector energy company and the Stena Group of Sweden. The CFMA is a world class maritime training facility
Today in U.S. Naval History - August 29 1861 - U.S. squadron captures forts at Hatteras Inlet, N.C. 1862 - Union gunboat Pittsburgh support Army troops in landing at Eunice, Arkansas 1915 - Navy salvage divers raise F-4, first U.S. submarine sunk in accident
Hamburg Süd yesterday celebrated the christening of its new containership San Christobal with customers and business partners at the Hyundai Heavy Industries shipyard in Ulsan, South Korea. The vessel is the second newbuild in the series of three new San-class ships.
Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian shipping company and shipyard group Grupo CBO. The contract has been entered into by Havyard Design & Solutions
Over 1,200 military personnel from the Asia Pacific and Indian Ocean regions have completed collaborative, tactical warfare planning during the first week of the Royal Australian Navy’s largest maritime exercise, KAKADU 2014, informs Australia's Defence Force (ADF).
Northern Ireland Office Minister, Dr Andrew Murrison MP, visited the historic HMS Caroline in Belfast’s Titanic Quarter as restoration grants are received, informs the UK Government. As a former Royal Naval Officer as well as the Prime Minister’s Special Representative for the
KKR and Borealis Maritime say they have acquired a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels were previously owned by a number of German KG funds and were originally financed by Commerzbank
The Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to sell the 1991-built General Purpose Product Tanker Jag Prachi (28,610 dwt). The vessel will be delivered to buyers in September-October, 2014. The company’s current fleet stands at 30 vessels
Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on August 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block was lowered by crane into the yard’s building dock, marking the official beginning of construction
HMS Illustrious – the last of the Royal Navy’s Invincible-class aircraft carriers – was decommissioned at Portsmouth Naval Base today, marking the end of her 32-year career. The ship’s White Ensign was lowered for the final time during the decommissioning ceremony in
Repair work begins after storm surges subsides The Port of Long Beach resumed full cargo-handling operations Thursday, Aug. 28, after a lessening of storm surges from Hurricane Marie that had battered south-facing piers and interrupted the loading and unloading of four vessels a day earlier.