A group of U.S. investors has reportedly picked Honduras as the site to build the world's largest ship, which it plans to turn into a floating city. The so-called "Freedom Ship," which may house more than 20,000 people once completed, will float around the Americas and other continents with passengers who will rent apartments or buy condominiums.
Dubai Maritime City has placed the first shiplift within its Industrial Precinct. Industrial Precinct of the City will incorporate two shiplifts manufactured by world-renowned shiplift specialist company, Hydraudyne Rexroth, said an official. One of the shiplifts will be 90 m long and 25 m wide and designed to lift vessels up to 3,000 tonnes while the other will be 140 m long and 30 m wide and designed to lift boats of up to 6,000 tonnes.
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, Keppel FELS Brasil S.A. and Estaleiro BrasFELS Ltda, has signed a Letter of Intent (LOI) with Sete Brasil Participações S.A. (Sete Brasil), for the design and construction of five additional semisubmersible (semi) drilling rigs based on Keppel's proprietary DSSTM 38E design. The aim of the LOI is to facilitate Keppel O&M's preparation work on these potential projects
Increasingly lower oil demand in the U.S. prompts tankship operators to look towards the China market. According to a BIMCO review, the tanker market is doing full steam ahead – not in relation to demand, earnings or actual operating speed, but in relation to structural demand changes in the West. At the epicentre of this is the world’s most thirsty oil consumer: the U.S. Not to be missed by anyone, the U.S. oil demand recorded a 16-year low in 2012. In 2005, the U.S. consumed 20
Head of the Delegation of European Commission (EC) Dr. Stefan Frowein said that the EC would provide necessary support to the local shipbuilders for letting them relatively stronger footing in the global market. The European Commission envoy made the remark during a visit to the Western Marine Shipyard Limited (WMSL) to oversee the progress of Danish order for three ocean-going vessels and the other facilities. The Western Marine
RFQ is First in Two-Step Process to Find Developers to Repurpose America’s Flagship. With all the buzz surrounding the 100th anniversary of the Titanic’s sinking, it’s full steam ahead to give the greatest American ocean liner a new lease on life as a 21st Century waterfront destination. The SS United States Redevelopment Project (SSUSRP) is proud to announce the release of a Request for Qualifications (RFQ) as part of an aggressive process to identify a
Registry also strengthens commitment to Asia. Protecting Seafarers’ interests Seafarers’ rights took a significant step forward after a “Declaration of Principles” agreement was signed which gives seafarers serving on Isle of Man-registered ships better living and employment conditions and pay. Formalising years of hard work to protect seafarers’ interests, the Isle of Man Ship Registry is proud to lead the signing of the tripartite agreement
Managers of Jamaica's delayed Port Royal Development Project expect to begin construction by year-end on a cruise ship pier central to the restoration of the one-time "wickedest city on earth." The Caribbean port earned the dubious distinction in the 17th century, when buccaneer Henry Morgan ruled the waves and made Port Royal his base. The infamy did not last long, as much of Port Royal disappeared under the sea in a massive earthquake in 1692
By David Tinsley, Technical Editor Liner shipping is traditionally a cyclical business, subject to dramatic peaks and troughs and sudden changes in fortune in individual trade lanes. Today's ebullience among all sectors of container shipping, including its various intermediaries, compares starkly with the situation in the latter part of 2001, when the market had hit a low point and the prophets of doom were out in force
Newport News Shipbuilding (NNS), a division of Huntington Ingalls Industries, is partnering with the City of Hampton to convert shipyard trash into steam power. As part of the new Single Stream Recycling Program, the shipyard's solid waste is incinerated at Hampton's award-winning steam plant facility and converted to steam through a process known as "waste-to-energy." The energy is then used to power NASA Langley Research Center (NASA LaRC) facilities.
Container volume up 13 percent at South Carolina Ports Authority; Charleston benefiting from federal appropriations The SC Ports Authority announced another month of double-digit container growth, with fiscal year-to-date volumes up 13 percent year over year.
Shell Marine Products (SMP) offers a complete portfolio of marine lubricants for almost any type of vessel, from large container ships to fishing boats. But with recent developments, such as the prevalent practice of slow steaming, new environmental regulations such as the revised vessel
Concordia Maritime takes a position in the Stena Bulk’s Suezmax fleet corresponding to a 50 percent charter of one tanker. The transaction was done by Stena Bulk and the vessel will operate during one year on the open spot market in the successful Stena Sonangol Suezmax pool
With just one month left of the season, St. Lawrence Seaway cargo shipments are expected to finish ahead of 2013 after a remarkable year of grain exports and steel imports. According to the St. Lawrence Seaway, total cargo shipments reached 34
Building on the GLOBIC and DYNAMIC range of antifouling systems, marine coatings manufacturer Hempel launched two new antifouling products for drydockings and newbuildings. According to Hempel, the new antifoulings aim to deliver fuel savings up to 3% and provide added flexibility to shipowners
Petronas, Malaysia's state-owned oil and gas company, delayed giving the final investment go-ahead on Wednesday for its $11 billion liquefied natural gas export terminal in British Columbia, citing high costs and other outstanding issues.
As part of its continued supply network growth in West Africa, Hutton’s Group has opened a new facility in Equatorial Guinea to boost its supply chain in the region. Operating as part of Hutton’s Remote Site Services, the new base in Luba Freeport will enhance the successful supply
Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the "Sayaringo STaGE," a next-generation LNG (liquefied natural gas) carrier. The Sayaringo STaGE was developed as a successor to the "Sayaendo1," the company's highly acclaimed LNG carrier evolved
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming a difference from the average of first half of 2014 at $578 for 380 cSt, High Sulphur Fuel Oil (HSFO) in Rotterdam, to a new level of $412
Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II. A video showcasing the design is available here.
The South Carolina Ports Authority (SCPA) announced today that October volumes were up nearly 17 percent year over year, continuing a growth trend in container traffic well above the organization's financial plan. SCPA handled 164,672 twenty-foot equivalent units (TEUs) in October, up from 141
Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.
Procal revenue doubles following investment in manufacturing and delivery of emissions analyzers ahead of January 2015 deadline Parker Kittiwake, part of the Parker Hannifin Corporation and the supplier of Continuous Emissions Monitoring Systems (CEMS) for marine applications
Hamburg Süd has achieved its environmental goal of reducing the CO2e emissions of its fleet by 26% by the year 2020, compared to 2009, well ahead of schedule. This is due to a number of measures. These include investments in the energy efficiency of the shipping company’s own ships
Orkot Marine Bearings, developed and manufactured by Trelleborg Sealing Solutions, contribute to the build of one of the world’s most efficient and largest containerships, the Maersk Triple E class family, built by Korea’s Daewoo Shipbuilding.