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Steam Ahead

Plans For World's Largest Ship Steam Ahead

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.


US Research Ships Ready to Cast Off in 2015

Arctic-bound Sikuliaq (Photo: U.S. National Science Foundation)

Two new U.S. research vessels are going full steam ahead: the U.S. National Science Foundation will formally commission its Arctic-bound Sikuliaq, and the Woods Hole Oceanographic Institution’s Neil Armstrong will begin science operations.  Live Science reports that two new U.S. research ships will take to the seas in the Arctic and Atlantic in 2015, allowing scientists around the world to explore the geology, biology and health of the oceans.


Dubai Maritime Receives Shiplift Platform

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.


EC to Support Bangladeshi Shipbuilders

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


Keppel to Build Five Semis for $4.12 Billion for Sete Brasil

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


Why Tankship Trade to U.S. is in LImbo

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


Jamaican Cruise Port Development Steams Ahead

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


Isle of Man Ship Registry Backs Seafarers’ Rights

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


SS UNITED STATES Project Releases RFQ

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


MOL President Reports Slack Performance

President, Koichi Muto

MOL President, President, Koichi Muto reported that the performance of the company was slack.   Muto reported, "I am sad to report that our business performance fell short, and we could not achieve our initial target of ¥70 billion in consolidated ordinary income. Taking a serious look at ourselves in light of these results, I think our highest priority is to swiftly alter the course of the midterm management plan by decisively implementing measures already started in each


UASC Fully Compliant VGM Lift Now

Photo: United Arab Shipping Company

 United Arab Shipping Company (UASC) announced today the conclusion of a 100% compliant Verified Gross Mass (VGM) lift of 159 UASC containers on board CSCL’s Saturn.   This achievement comes ahead of the VGM requirement deadline of July 1st


Metal Shark tapped to build new NYC Ferries

(Photo: Metal Shark)

Metal Shark was selected by HNY Ferry Fleet, LLC (a Hornblower company), operator of New York City’s Citywide Ferry Service, to build 26-m149-passenger aluminum high-speed ferries.   Metal Shark will produce a series of ferries at its Franklin, Louisiana shipyard


Deckhouse Lifted onto Tripoli (LHA 7)

Ingalls Shipbuilding lands the 700-ton deckhouse on the amphibious assault ship Tripoli (LHA 7) on July 9. (Photo by Lance Davis/HII)

Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has installed the deckhouse on the amphibious assault ship Tripoli (LHA 7), a major event in the ship’s construction schedule which begins the integration of the three largest sections of the ship


Alfa Laval Dips on Q2 Profit, Margin

File Image: Alfa Laval

Q2 adjusted EBITA SEK is 1.39 bln vs year-ago 1.82 bln and 1.44 bln seen in Reuters poll.   Other highlights include:   Q2 adjusted EBITA margin 15.6 pct vs year-ago 17.8 pct and consensus forecast 16.3 pct Q2 net sales decreased to SEK 8.95 bln vs year-ago 10


Steady as She Goes

Table: Drewry Shipping Consultants

 Ahead of the Panama Canal expansion two alliances have announced they will upsize some of their ships on the Asia-US East Coast route. How quickly will the others follow? Drewry Maritime Research takes a look:   The 9,400-teu Cosco containership Andronikos will make the first transit


K Line Sets CO2 Emission Reductions Target

Image: K Line

Kawasaki Kisen Kaisha, Ltd. (K Line) achieved 13.6 percent reduction in CO2 emissions [1] in 2015 against 2011 level, as a result of deployment of larger vessels, proactive initiatives for introducing advanced energy-saving technologies including electronically controlled engines


Russia: We Will Respond to Entry of US Navy Ship into Black Sea

USS Porter (DDG 78) departs Souda Bay, Greece following a brief port visit June 5, 2016. Porter is conducting a patrol in the U.S. 6th Fleet area of operations in support of U.S. national security interests in Europe. (U.S. Navy Photo by Heather Judkins)

The Russian Foreign ministry said Moscow would respond to a U.S. naval ship's entry into the Black Sea with unspecified measures, saying it and other deployments were designed to ratchet up tensions ahead of a NATO summit, the RIA news agency reported.  


Former Hanjin Shipping Chairman May Get Arrest Warrant

Photo: Hanjin Shipping Company Limited

 Prosecutors on Sunday sought the arrest warrant of the ex-chairman of Hanjin Shipping, who has been hit with insider trading charges, says Yonhap.   Choi Eun-young is specifically charged with violating the Financial Investment Services and Capital Markets Act


Interlake Steamship Continues Scrubber Upgrades

M/V James R. Barker (File photo: The Interlake Steamship Company)

The M/V James R. Barker sailed Sunday from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming Interlake Steamship Company’s first 1,000-footer and its second self-unloading bulk carrier to be outfitted with exhaust gas scrubbers.  


This Day In Naval History: June 17

USS Delaware entering the first drydock in America at Gosport Navy Yard (Norfolk), June 17, 1833. (Courtesy Tommy Trampp, NavSource)

1815 - Commodore Stephen Decatur's squadron engages the Algerian flagship Mashouda near Cape de Gatt, Spain. Though the Algerian frigate maneuvers actively to escape, she surrenders after 20 men, including her commander, are killed.  


DVB Bank to Dispose GOL's Six Vessels

Photos: GOL Offshore

 DVB Group Merchant Bank (Asia) Ltd, a unit of Germany’s DVB Bank SE, can now go ahead and seek bids for selling six ships of GOL Offshore, earlier known as Great Offshore Ltd, to recover their part of outstanding loans, says a report in the Livement.  


Shippers Don’t Expect Volume Uplift: Drewry

Photo: Maersk Line Official FB Page

 Shippers tell Drewry survey they don’t expect much of a volume uplift in the third-quarter peak season.   Nearly half of the 51 shippers who responded to our survey said that they expect volumes for the third-quarter peak season to be the same as they were last year


Scrubbers Installed on Another Great Lakes Bulker

M/V Lee A. Tregurtha (Photo: Interlake Steamship Company)

The Interlake Steamship Company’s M/V Lee A. Tregurtha sailed today from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming the shipper’s third self-unloading bulk carrier to be outfitted with exhaust gas scrubbers.  


HMS Ambush Docks in Gibraltar

Pic: Royal Navy

 Navy nuclear submarine HMS Ambush yesterday steamed to Gibraltar – in a massive show of force against Spain.   The Spanish – emboldened by Britain’s Brexit vote – demanded joint sovereignty over The Rock on the same day the shock results were announced.


This Day In Naval History: June 29

1860 - The steamer USS Mystic, commanded by William E. LeRoy, captures the slaver, Thomas Achorn at Kabenda, Africa and send her to New York.    1862 - During the Civil War, the steam sloop USS Susquehanna, commanded by Cmdr. R.B






 
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