Carnival Corp., which is working to revive profitability at its Seabourn luxury cruise line, said that next year it will shift a ship now sailing for Seabourn to the company's Holland America Line. The Seabourn Sun, at 38,000 tons the largest of the six Seabourn ships, will move to Holland America in April 2002 after the vessel finishes an around-the-world tour. Carnival, the world's biggest cruise group with 44 ships among its half a dozen lines, last month changed top managers at its jointly run Seabourn and Cunard lines.
STX Shipbuilding Co., the first South Korean yard in China, had its biggest two-day gain in more than a week in Seoul on optimism the purchase of a stake in Norway's Aker Yards ASA will add cruise liners to its range of vessels. STX Shipbuilding has more than quadrupled this year, making it the fourth-best performer in South Korea's Kospi 200 index. The stake purchase in Aker Yards will allow STX Shipbuilding to use the Norwegian company's expertise in cruise liners
Cruise Lines Face Y2K Supplier Squalls The world's biggest cruise lines have safeguarded their own computers against Year 2000 glitches, but still face possible electronic squalls arising at food vendors and other suppliers. Carnival, Royal Caribbean and other major cruise lines operating out of North America are stopping short of declaring full victory over possible Y2K disruptions, due to worry about outside vendors, officials said.
Hyundai Heavy Industries (HHI), claimed to be the world’s biggest shipbuilder, and the only one in Korea capable of constructing both Membrane type and Moss type LNG carriers, informs it will exhibit at the upcoming Gastech 2014 show in Gyeonggi Province, South Korea. The shipbuilder says it has taken the lead in introducing cutting-edge LNG-related ships, and developing independent LNG storage system and technology
The world's biggest floating diamond processing vessel will set sail for the first time within three weeks and should be in position off Namibia before Christmas, the Namibian Minerals Corporation (NAMCO) said. "This is the biggest offshore diamond processing plant in the world," NAMCO chairman Alastair Holberton told reporters on a tour of the ship in Cape Town harbor. "We expect that in its first work up year in operation it will harvest 200,000 carats of diamonds worth about $30 million
Reports indicate that Cunard will likely sign the deal to build the world’s largest and most costly cruise ship this week, and it is believed that either France’s Chantiers de l’Atlantique or Northern Ireland’s Harland and Wolff will be beneficiary of the contract to build the ship, which has been estimated at $600 million. Five European shipyards have been in the running for the massive Queen Mary 2. The cruise industry is convening in Miami this week at the annual Seatrade Cruise Shipping
Hutchison Port, a unit of conglomerate Hutchison announced earlier on Wednesday a 30 percent investment in Westport Holdings, a multi-purpose terminal in Malaysia's biggest port, Port Klang. Hutchison, controlled by Hong Kong tycoon Li Ka-shing, said in a statement that the deal would allow it to participate in Malaysia's economy. It gave no other details of the deal. Malaysia has 15 ports including Port Klang, on the west coast of Malaysia, which is the nation's main port.
Sixteen workers were killed after a coal mine collapsed in China's far western region of Xinjiang, the official Xinhua news agency reported on Saturday, highlighting the poor safety standards in the world's biggest coal producing country. The accident occurred in the regional capital of Urumqi on Friday night when 33 workers were underground, the report said citing local officials. Eleven workers were injured and six escaped, it added.
'Galloway Express' is the first of 4 livestock carriers being constructed at the Cosco Shipyard in Guangdong for Vroon. The remaining three vessels are scheduled for delivery later this year and early in 2014. These livestock carriers are next‑generation livestock vessels, boasting a cargo capacity of approximately 4,500 sqm and a cruising range of around 18,000 nm. They are fitted with animal-welfare facilities exceeding Australian (AMSA) regulations and incorporate a revolutionary bow
The first episode of Discovery Channel’s 6-episode TV series about Maersk Line’s Triple-E vessel will be broadcast in Denmark on Thursday 24 October on the Discovery Channel. The series will be broadcast throughout Europe and Asia in November and December followed by Latin America in February and March of 2014. The series, titled “The World’s Biggest Ship,” will consist of six 45-minute episodes and give viewers the opportunity to see how the Triple-E was
Asian spot liquefied natural gas prices edged higher as scattered demand from Japanese buyers and others helped stem the recent decline in prices, traders said on Friday. The price of spot LNG for April delivery inched up to $6.75 per million British thermal units (mmBtu) on Friday from $7
As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate a restructuring of the shipping industry. Private equity invested tens of billions in global shipping after the 2008 financial
The 18,300 TEU Triple E container ship Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway. The 399 metre long Munkebo Maersk, which weighs in at 195,000 tonnes and is 60 metre wide is one of the largest container vessels
The Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway, the U.K.’s newest deep-sea port hub. The 399-meter-long, 60-meter-wide, 195,000-ton Triple-E class vessel – equivalent in length to almost four football pitches and
With LNG prices down as slowing demand combines with rising output, the cost to ship super-chilled natural gas has also tumbled to the lowest level in more than four years and is forecast to fall further, reports Bloomberg According to Andrew Buckland
India's government has cleared a $8 billion plan to build the country's most advanced warships, defence sources said, just months after ordering new submarines to close the gap with the Chinese navy in the Indian Ocean. Since taking over last year
The fishing vessel industry fatality rate is 30 times higher than the average of all US industries. To address this, US legislation requires that all new fishing vessels bigger than 50 feet must be built to classification rules. DNV GL is the only classification society to develop rules
Indonesian Maritime Affairs Minister Indroyono Soesilo has met Dutch Ambassador to his country Rob Swartbolon to discuss cooperation on maritime issues, reports The Jakarta Post. Both has agreed to explore cooperation in various maritime issues including in developing an integrated
DP World London Gateway plans to move forward with a third berth at the UK’s new deep-sea hub port, which will increase deep-sea access for ships carrying UK imports and exports. Berth Three will enable the use of an additional 400 meters of quay length with a dredged depth of
A unit of one of the world's biggest cruise operators sought to reassure Italy on Friday that plans to transfer some of its operations to Germany did not mean it would move abroad. Costa Cruises, part of Carnival Corp, is based in the northern Italian port of Genoa
Combined tanker capacity of at least 2.25 mcm LNG lies unused. Over a dozen liquefied natural gas (LNG) tankers are parked, many idle, in and around Singapore - one of the world's biggest trading hubs for the fuel - in a sign that the slowdown engulfing world gas markets may be worsening into a
Freight rates for shipping containers from Asia to Northern Europe fell by 5.1 percent in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. The rates fell to $1,003 per 20-foot container (TEU).
China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000 deadweight tons (DWT) carriers. Vale's mega ships, the world's biggest bulk ore carriers
The credit of being CSCL Globe for being the world's biggest container ship remained for a little over a month until the arrival of the MSC Oscar. MSC Oscar, sailed from a shipyard near Busan, South Korea, became the world's largest container ship last month
A container shipping organisation urged companies on Wednesday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) from Feb. 9, and indicated that it will follow with a second $600 per FEU increase on March 9.