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More Ships to Bangladesh Shipbreakers

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.


Navy Awards Contract for Auxiliary Cargo and Ammunition Class(T-AKE)

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


S&P Cuts MC Shipping Outlook To Negative

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


DG Shipping Recalls 27 ONGC Supply Vessels

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


GL Bolsters Support of Green Ship Recycling in Asia

019 PRe-MS Ship Recyling_Experts.bmp

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


Thoresen Shipping goes to Middle East

Thoresen Shipping

 The dry bulk shipowner Thoresen Shipping rolled out new subsidiary Thoresen Shipping Arabia as part of its expansion plan to the Middle East  With a new office in Dubai for Thoresen Shipping Arabia DMCC, the dry bulk shipping company  Thoresen Shipping announced its explansion to the Middle East. The office will be led by Baard Osland, a dry bulk shipping industry veteran. A press statement from Ian Claxton, managing director


Moore Stephens Urges Consistent

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


NASSCO Begins Construction of Third Product Carrier Ship

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


Höegh, Wallem Sign Ship Management Deal

Hoegh Autoliners senior management team with Captain Deepak Honawar, Wallem Singapore Managing Director, Jude Dias, Wallem Europe Safety Manager, and Simon Frank, Wallem Ship Management Commercial Director.

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


ICS Addresses OECD Shipbuilding Working Party

The OECD should be cautious about becoming involved in the question of what constitutes an ‘eco-ship’, the International Chamber of Shipping (ICS) said to governments in Paris today at a meeting of the OECD Working Party on Shipbuilding.    ICS said it believes that this subject is best left to the International Maritime Organization (IMO) or for shipyards to negotiate with their customers. If further consideration were to be given to an OECD definition of


Delay in Relocating Guangzhou Shipyard

38000dwt product tanker (Photo: Guangzhou Shipyard International)

 Guangzhou Shipyard International (GSI) has not commenced the relocation of its factory. According to the plan of Guangzhou city, the shipyard should have finished factory relocation by the end of 2015 but the schedule is now delayed.   


Golden Ocean, Knightsbridge Set for Merger

Pic by Knightsbridge Shipping Limited

 Dry bulk shipping companies Golden Ocean Group Limited (GOGL) and the listed dry bulk shipping company in John Fredriksen's business empire Knightsbridge Shipping have chosen March 26 to hold a special general meeting and finalize the merger talks.  


Italy to Begin Naval Exercises off Libya

Courtesy Marina Militare

  Italy will begin annual naval exercises this week near the coast of Libya, where a breakdown in order has allowed tens of thousands of migrants to try to reach Europe by boat and increased fears of attacks by Islamist militants. The navy said in a statement that the exercises


Tallink & Meyer Turku to Build LNG Ferry

Meyer Turku is very happy to continue the long and good tradition to build ferries for Tallink

  AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual fuel ship will be about 212 metres in length with a passenger capacity of 2800


British Queen to Name New Ship

Britannia (Photo by P&O Cruises)

 Queen Elizabeth II will christen P&O Cruises’ new flagship Britannia in Southampton, England, on March 10. She will be accompanied by her husband, Prince Philip, the Duke of Edinburgh.   The naming ceremony of the new 141


Container Ship Runs Aground at Fremantle Port

Maersk Garonne (Image by Maersk Line)

 A ship that ran aground at Fremantle Port early Saturday has been refloated. The 62,000-tonne Denmark-registered container ship Maersk Garonne became stuck in soft sand about 500m off South Mole.   Jeanette Murray from Fremantle Ports said: “the Maersk Garonne was pulled free by


'Harmony of the Seas' to be World's Largest Cruise Ship

Harmony of the Seas - Image by Royal Caribbean International

 Royal Caribbean International will outdo itself again when it launches MV Harmony of the Seas in April 2016 which shall officially become the world’s largest cruise ship.     The line says the third vessel in its Oasis class series, to be called Harmony of the Seas


Zvezda Shipyard Comes Up Despite Western Sanctions

Zvezda Shipyard (Pics: Far Eastern Shipbuilding and Ship Repair Center)

 German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.   According to Director of the Far Eastern enterprise Yuri Filecroc


Indian Ports to Set Sail on Corporatization

Image: Indian Ports Association

 Indian Finance Minister Arun Jaitley said in Union Budget 2015 that government-run ports in India will be encouraged to corporatize and become companies under the Companies Act.    In an attempt to professionalize Indian ports


Long Beach Harbor Tour Season

Online reservations for free boat excursion available Monday, March 2

  Long Beach Port is once again giving tourists opportunity to enjoy a rare view of port operations on a free Port of Long Beach harbor tour. The organizers are being welcomed to experience an up-close view of the biggest ships to call in North America and learn about cargo operations


ClassNK's Structural Rules for Bulkers & Tankers

Logo

  The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015


COMPIT to Showcase Smarter Ships, Systems & Solutions

DNV GL COMPIT. Preview

  The 14th International Conference on Computer and IT Applications in the Maritime Industries (COMPIT) will take place from 11th to 13th May 2015 in Ulrichshusen, Germany. First held in the year 2000, COMPIT has established itself as a key conference in information technology (IT) for the


India to Appoint Coastal Shipping Consultant

Coastal shipping in India (Pic courtesy: KPMG)

 As part of Narendra Modi government plan to promote coastal shipping, India is all set to appoint a consultancy firm to assist the Shipping Ministry.    The Press Trust of India quotes the Shipping Ministry document saying that promotion of coastal shipping and inland water


Ship Carrying Cattle Sinks enRoute to UAE

The Coast of Oman: Research Council (Sultanate of Oman)

 A vessel carrying hundreds of cattle exported from Somalia to Saudi Arabia capsized off Oman coast on Saturday after being hit by stormy weather, according to reports from Arab media.   The owner of the ship is Emirati and from Ajman while the crewmen were Pakistanis


Hijacked Indonesian Vessel Found in Philippines

Pic: Philippine Coast Guard

 The hijacked Indonesian cargo ship Rehoboth has been found abandoned in waters off Mati town in Davao Oriental province off the southern Philippines coast, says the  the Philippine Coast Guard (PCG).   PCG spokesperson Armand Balilo said the PCG- Southeastern Mindanao district






 
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