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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.


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


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


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


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


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


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


NYK Orders Three LNG Carriers

Mitsubishis Sayaringo STaGE LNG carrier

 Nippon Yusen Kabushiki Kaisha (NYK Line) has concluded time-charters for two new LNG carriers with Diamond Gas International, a Singapore affiliate of Mitsubishi Corporation.   NYK also concluded a contract with MI LNG Company Limited for the construction of the LNG carriers


Baltika's DP and Autopilot Pass Ice Trials

Baltika icebreaking (Photo: Aker Arctic)

The dynamic positioning control system and autopilot onboard the icebreaking rescue and emergency vessel Baltika have been approved as meeting performance expectations, following a set of Arctic ice trials in the Kara Sea.   Developed by Finnish company Aker Arctic Technology


High-Tech Buoy Tender Vessel Delivered

MV Indira Point (Photo courtesy of IRClass)

A newly built, technologically sophisticated buoy tender multipurpose vessel, MV Indira Point, was delivered to the Directorate General of Light Houses and Light Ships (DGLL India) in April after being completing ahead of schedule by India’s Cochin Shipyard Ltd


Buoy Tender Vessel Delivered Ahead of Time under IRClass

MV Indira Point

  IRClass (Indian Register of Shipping) has just completed the new construction survey of a high value, technologically sophisticated Buoy Tender cum multi-purpose vessel built by Cochin Shipyard Ltd (India) under single class.The new vessel MV Indira Point, 72 mts long,1350 tons DWT


India to Sign Port Deal with Iran

India to build port in Iran to get more trade with CIS and Gulf India will push ahead this week with plans to build a port in southeast Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off U.S


TNPA’s Tug Project Going Full Steam Ahead

The first of TNPA’s nine tugs is about 35% complete and its hull and superstructure are 70% complete. The first tug is expected to be handed over in January 2016 (Photo: TNPA)

Transnet National Port’s Authority’s R1.4 billion contract to produce nine powerful tugboats is progressing on time and within budget at the Southern African Shipyards premises in Durban. “This is a milestone project that reinforces the capacity and skill of South Africa and


Zim Offers Asia-US east coast service via Suez

Graphics: Zim Integrated Shipping Services

 Israeli liner carrier Zim Integrated Shipping Services is launching a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May.   The 10-ship loop will call in South China, Vietnam, Colombo, New York, Savannah and Norfolk


UN Pushes EU on Migrant Rescue Mission

The European Union must urgently set up a rescue operation for migrants at sea and commit to receiving significantly higher numbers of refugees, top U.N. officials and the International Organization for Migration said on Thursday. "The European Union response needs to go beyond the present


Lloyd’s Register Issues Emissions Guidance

lloyds register.png

With key dates looming - 2016 NOx compliance and a 2018 review of fuel availability ahead of a global cap for SOx emissions, LR’s new guidelines and updated technical information supports operators’ investment decisions   This new guidance addresses operational and in-service


Cheaper Fuel to Boost Container Shipping

Photo: Tanner Matheny

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles. Container shipping companies deal with the volatility in fuel prices by adding a separate bunker adjustment factor or fuel surcharge to their


Delivery Begins for HMS Prince of Wales Bridge

(Photo courtesy of BAE Systems)

The bridge section of the U.K.’s second Queen Elizabeth Class aircraft carrier has been loaded out of its dock hall in Glasgow ahead of its first sea voyage to Rosyth.   Upper Block 07 is where HMS Prince of Wales will be commanded atop the flight deck and is known as the Forward


Canada Passed on U.S.-Mexico Climate Announcement

Canadian Prime Minister Stephen Harper Courtesy Canadian High Commission

 Canada declined a U.S. invitation last week to jointly announce climate policy cooperation with Mexico, with Ottawa saying it has not yet finalized its own domestic strategy, sources from both countries familiar with the discussions said on Thursday.


Taiwan Pushes for Local Submarine Program

Image: Taiwan Navy

 Taiwan's president, Ma Ying-jeou, reiterated Taiwan's determination to push ahead with its domestic submarine program to modernize its fleet and bolster the country's defense capabilities.   Reiterating Taiwan's effort to develop its own home-grown submarine program


India Halts Iran oil Imports Under U.S. Pressure

Oil imports from Iran at 220,000 bpd in year to March 31. U.S. pressured India not to raise annual Iran oil imports. India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to U.S. pressure to keep its shipments from Tehran within sanction


Great Lakes Losing Ice

Great Lakes Ice Cover: Picture Credit: Great Lakes Environmental Research Laboratory

 The Great Lakes Environmental Research Laboratory reports ice cover for all of the Great Lakes combined at around 52%, thanks to milder temperatures and gusty winds over the past several weeks.   On March 1, nearly 89 percent of the Great Lakes were covered in ice






 
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