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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.


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


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


Gas Carrier Fleet Nears a New Milestone

Graph: Clarksons Research

 In the last two decades gas shipping sectors have been amongst the faster growing parts of the the world of global shipping industry, says Clarksons Research.   This week’s Analysis takes a look at how shipping’s ‘coolest’ sector has grown in prominence to become part of the mainstream, and some of the ups and downs along the way.   Gas (LNG and LPG) shipping may once have been considered by some as a relatively niche part of global shipping


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


Seacat Set for Offshore Wind Rush

Courtesy Seacat Services

Class-leading OESV operator invests in personnel and moves into new Isle of Wight HQ as it prepares for ramp-up in offshore wind construction   9th January 2017, Isle of Wight – Class-leading offshore energy service vessel (OESV) operator, Seacat Services


HSH Nordbank Seeks Buyer

 German shipping finance provider is optimistic about the prospects of finding a potential buyer for the bank, which will begin a privatization process this year with a deadline in February 2018, says a report in Reuters.   "Despite the difficult market environment


Great Ships of 2016: Milos

(Photo: SungDong)

Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” Milos - Suezmaz crude oil tanker  


USCG Readies for Green Bay Ice Breaking

Photo: U.S. Coast Guard

 The U.S. Coast Guard has announced that commercial fuel shipping activity into the Port of Green Bay will conclude by Jan. 20,  2017.     At that time, in conjunction with the Green Bay (Brown County) Port Director, the Coast Guard will signal the end of the local navigation


UK Eyes Part-Privatisation of Ship Register

Photo: UK Chamber of Shipping

 The Bulletin Panama reported that a report by KPMG, commissioned by the Department for Transport, recommends that the Ship Register become a “govco”, a privately held state-owned company that is subject to government oversight but has more commercial freedoms


NYC Ferries: A Collaborative Approach

Photo: Metal Shark

Innovative boats, unusual collaboration: Hornblower, Horizon, Incat Crowther and Metal Shark team up on one of the most significant newbuilding projects of the year.   When New York City Mayor Bill de Blasio earlier this year announced the selection of Hornblower to operate as many as 20


Great Lakes/Seaway Iron Ore Trade Up in November

© johnsroad7 / Adobe Stock

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in November, an increase of 13 percent compared to a year ago, Lake Carriers’ Association (LCA) reported. Shipments were also slightly ahead of the month’s five-year average.


NYK, KEPCO Agree to Co-own a LNG Carrier

NYK and Kansai Electric Power Co., Inc. (KEPCO) have agreed to joint ownership of a liquefied natural gas (LNG) carrier through a vessel-owner company shared by the two companies: NYK 30 percent, KEPCO 70 percent.   The vessel is being built at the Sakaide shipyard of Kawasaki Heavy


The Swedish Club: 0% General Increase

Lars Rhodin (Photo: The Swedish Club)

In a move designed to support owners in difficult trading conditions, for the second year running The Swedish Club has announced a zero percent general increase for the up-coming P&I renewals 2017-2018. Speaking at the Club’s Board meeting in Bangkok, Lars Rhodin


ExxonMobil Sees PNG LNG Producing at 16 pct Above Nameplate

Photo:  PNG LNG

 ExxonMobil expects to deliver 7.9 million tonnes of liquefied natural gas from Papua New Guinea this year, around 14 percent above nameplate capacity of its PNG LNG plant,  says a report in Reuter's quoting the company's PNG head.  


Safe Sea Transfer of Technicians on Agenda

Photo: International Maritime Organization (IMO)

 Technicians working in the growing offshore alternative energy sector often need to be transferred to their place of work by sea.    This needs to be done safely and efficiently, and this week International Maritime Organization (IMO)’s Maritime Safety Committee (MSC) will


JNPT Liquid Cargo Terminal Handles Highest Crude Oil

Photo: Jawaharlal Nehru Port Trust

 Jawaharlal Nehru Port Trust (JNPT), India’s number one container port, created a major record on November 16, 2016, by loading 80,640 MT of ONGC crude oil on a large vessel ‘MT Desh Bhakta’, which was berthed at LB-01 of BPCL-run Liquid Cargo Terminal.   


Can Trump Make Coal Great Again?

File Image: a cargo of barged coal  makes its way on the U.S. inland river system (CREDIT: Inland Marine)

Most of the U.S. coal industry doubts Donald Trump can fulfill his promise to make the ailing industry great again in a country awash in dirt-cheap natural gas, a competing fuel. But a small sub-section of the coal sector that mines metallurgical coal - a variety used by steel makers instead of


Unexploded WWII Bomb Halts Ferries in Portsmouth Harbour

An unexploded World War Two bomb was found in Portsmouth Harbour on England's southern coast on Wednesday, halting traffic of cross-channel ferries at the port. The 500 lb bomb was discovered by a barge dredging the harbour ahead of the arrival of HMS Queen Elizabeth - the Royal Navy's new 65


Robert Allan Designed Tug Delivered to Ocean Group

TundRA 3600 series icebreaking tugs designed by Robert Allan Ltd

On October 28th, 2016 the Ocean Group Inc. of Quebec City, Canada took delivery of the 6000 kW ASD tug Ocean Taiga. This icebreaking escort tug joins her sister Ocean Tundra as some of the most powerful tugs in the Canadian registry, part of a new generation of extremely capable tugs






 
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