World 19S Largest
China Ocean Shipping, China’s dominant maritime firm, is investing Yuan2bn in what is envisioned to become the largest shiprepair facility in the world. The base will be in the Zhoushan archipelago in Zhejiang province, two hours’ steaming from Shanghai, which is likely to become the world’s biggest port in the coming decade providing plenty of repair work, particularly for very large crude carriers and containerships.
Royal Dutch Shell plc and BP plc, Europe’s largest energy companies, were the leading hirers of oil tankers last year as crude prices rose to records. Shell hired 762 crude oil tankers for single voyages in 2005, accounting for 7.5 percent of the global total, according to figures compiled by New York-based shipbroker Poten & Partners. BP rose from fifth in 2004 to second, with a share of 4.9 percent. Exxon Mobil Corp, the world’s top energy company, came third in the survey.
From the Navy News Service 1775 - Capt. John Manley in schooner Lee captures British ordnance ship Nancy with large quantity of munitions. 1890 - First Army-Navy football game (Navy won 24-0). 1929 - Cmdr. Richard Byrd makes first flight over South Pole. 1944 - USS Archerfish (SS 311) sinks Japanese carrier Shinano, world's largest warship sunk by any submarine during World War II.
AFP reported that 's state pension fund is likely to scrap plans to bid for Daewoo Shipbuilding because of global financial turbulence. The National Pension Service the world's fifth largest, had been in talks with POSCO, GS Group and Hanwha Group to find a partner for the acquisition of Daewoo Shipbuilding. Hyundai Heavy Industries, the world's largest shipyard, is also interested in Daewoo Shipbuilding, the world's third biggest yard.
Three new carrier groups now control 58% of the total capacity in the transatlantic container trade, according to World Liner Supply, a new quarterly report from the compairdata.com on-line shipping database. The fourth quarter 2000 issue of World Liner Supply shows that the merger of services and the combination of smaller carrier groups has led to a substantially higher market concentration in the North America/northern Europe container trade.
Dubai World has consolidated its drydocks and maritime business by bringing Dubai Drydocks, Al Jadaf Shipyard, Platinum Yachts FZ and Platinum Yacht Management under a single umbrella - Dubai Drydocks World (DD World), a statement said. Dubai World, which runs DP World, the world's third largest port operator, yesterday announced the establishment of Dubai Drydocks World (DD World) to consolidate the dry docks and maritime sector of the organisation
According to reports, South Korea fell behind China and Japan in the number of shipyards ranking in the world's top 50 in terms of order backlogs as of the end of May, although seven South Korean companies were No 1 through No 7, a London-based market research firm said. Fifteen Japanese shipyards and the same number of Chinese companies were included in the world's top 50 list, while only nine South Korean shipyards made it, Clarkson Plc. said.
The Department of Transportation announced that the last of ’s famous ships, the Arthur M. Huddell, will be towed from the James River Reserve Fleet site at , , to , on July 28, to prepare the World War II-era vessel for a cross-Atlantic tow to its new homeport in . Greek officials say the ship will become a merchant marine museum of that nation’s shipping industry. While in , the Huddell will be berthed at the W3 Marine facility while the cross-Atlantic tow-prep is
The first phase of the Jiangnan Changxing Shipbuilding Base has been finished and is already in operation on Changxing Island, Shanghai. Built by the China State Shipbuilding Corporation (CSSC), it has three production lines and four boatyards capable of holding 300,000-ton ships. Almost unparalleled in the world, it is the biggest shipbuilding project ever to be undertaken in China. Shanghai has the potential to be the world's largest shipbuilding base.
The AP has reported that the Peninsular and Oriental Steam Navigation Co. said it has agreed to a $6.3 billion offer from Singapore port operator PSA International -- a switch of alliances that is likely to spark a bidding war for the 165-year-old British maritime icon. The approach from PSA trumped a 3.3 billion pound ($5.9 billion) cash offer from government-owned Dubai Ports World that P&O agreed to in November.
A team of restoration experts is currently hard at work salvaging a unique World War II aircraft from the bottom of the English Channel. Using cutting edge restoration techniques within a purpose-built polytunnel from First Tunnels, the team hopes to have the rare Dornier 17 ready for exhibition
Vice President Joe Biden welcomed the U.S. Coast Guard Academy’s Class of 2013 as the Coast Guard’s newest officers, saluting their service and emphasizing the important role they play in meeting the nation’s many maritime needs.
Baker, Lyman and Co., Inc. hired John Scarborough as senior consultant. He is an authorized agent for Germanischer Lloyd on the Corsair Towing Safety Management Systems (TSMS) Strategic Alliance for Subchapter M compliance software for the domestic towing industry.
Trade partners in Ventura County joined forces at the Port of Hueneme to kick off a program celebrating World Trade Month. The Port timely hosted this event on National Maritime Day. Participating were representatives from the U.S. Department of Commerce, the U.S
Colfax Fluid Handling, a business of Colfax Corporation, was awarded a contract as the exclusive supplier of hydraulic pumps for a ship capable of lifting the topside structures from offshore platforms. With a lifting capacity of up to 48,000 tons
PPG Industries announced it has started manufacturing protective and marine coatings (PMC) at the company’s facility in Ostrów Wielkopolski, Poland. The facility, which previously produced architectural coatings and was part of PPG’s January 2012 acquisition of Dyrup A/S
The Holland Shipbuilding Association say that the various shipbuilding sectors presented a mixed picture in the past year, ship repair & supereyact construction did well, not so large new-buildings. New constructions of seagoing vessels
The hunt is on for six apprentices to undertake a 4-year programme combining study, training, & hands-on work experience in engineering. DP World London Gateway will pay an annual salary for six students to study at college and carry out work experience on-site over a four year period
The Coast Guard World War Memorial at Arlington National Cemetery was dedicated May 23, 1928, as a tribute to the Coast Guardsmen who lost their lives in World War I. During the past year, the Washington, D.C., chapter of the Chief Petty Officer Association led a collaborative effort of 37
The weather might be depressing, but the outlook for the city is anything but. Bergen’s shipping industry and maritime related services sectors are going from strength to strength, bullishly rebutting the worst of the waves caused by the ongoing global financial crisis
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak in the Strategy Roundtable of Floating LNG 2013, the world’s largest conference on floating LNG on Wednesday, June 12, 2013. Mr
Aberdeen Harbor welcomed its first cruise vessel as it prepares for 12 expected visits to the city during the summer season. The arrival of the cruise vessel Island Sky, famed for its large suites and spacious outside decks, signals the start of the season when it arrives tomorrow (May 21) for
2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding categories however showed a mixed picture. Holland Shipbuilding Association hereby presents you a statistical overview of the Dutch
International investors are expressing serious interest in Jamaica’s plans to develop as a world-class logistics hub with potentially millions of dollars being lined up to back the Government’s proposals. Jamaica Minister of Industry, Investment and Commerce, the Hon Anthony Hylton
Keppel FELS delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro. Named Laurus at Keppel FELS today, the rig was delivered eleven days early and with a perfect safety record, Keppel noted.