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World's Largest

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.


QM2 Gets Warm Reception

(Photo Credit: Richard Grable) The world's largest cruise ship, Queen Mary 2, pictured arriving January 26 in Fort Lauderdale, FL.


Waller To Design World's Largest

Houston based marine design company Waller Marine has been contracted to design the world's largest single power barge. The 220 MW barge mounted power plant utilizes a combined cycle technology, comprising four LM 6000 aero derivative gas turbines, with chilled air intakes, each coupled to a Once Through Steam Generator (OTSG). The steam generated from heat recovery drives a 55 MW steam turbine generator. Measuring 348 ft. (106 m) with a 180 ft


LR to Class World’s Largest LNG Ships

Lloyd’s Register is to class all six of the next series of large liquefied natural gas (LNG) ships ordered by Qatar Gas Transport Co Ltd (NALIKAT) for the fifth train of the Qatargas II project. These ‘Qmax’ ships will be the world’s largest LNG ships. They will be twin-skeg, driven by two diesel engines and fitted with re-liquefaction plant. They will transport gas from Qatar to the US. Three of the ships will be built at Samsung Heavy Industries (SHI), with a cargo capacity of 266


LR to Class World’s Largest LNG Ships

Lloyd’s Register is to class all six of the next series of large liquefied natural gas (LNG) ships ordered by Qatar Gas Transport Co Ltd (NALIKAT) for the fifth train of the Qatargas II project. These ‘Qmax’ ships will be the world’s largest LNG ships. They will be twin-skeg, driven by two diesel engines and fitted with re-liquefaction plant. They will transport gas from Qatar to the US. Three of the ships will be built at Samsung Heavy Industries (SHI), with a cargo capacity of 266


Thailand Urges US to Supply LNG Long Term

During President Obama's recent visit Thai Prime Minister, Yingluck Shinawatra sought agreement with US for LNG supply over next 20-years. By 2020, the US should be able to produce gas and crude of about 11.1 million barrels a day, while Saudi Arabia's capacity is projected at 10.2 million barrels a day. If the US can maintain that capacity throughout 2035 as planned, it would be the world's largest exporter of crude, reports the Bangkok Post.


GlobalSantaFe Open to Merger or Acquisition Prospects

Offshore driller open to mergers GlobalSantaFe Corp., the world's second-largest offshore driller, is open to merger or acquisition prospects, which would be healthy for the drilling industry, according to the company. Transocean, also based in Houston, is the world's largest offshore driller by sales. Source: Houston Chronicle


Car Shipping Group Sees Scope in Fragmented Market

Fragmentation of the world's car market will reportedly create opportunities but also short term difficulties for Wallenius Wilhelmsen Lines AS, the world's largest vehicle shipping group.


Ship Values Rise

As the world has been beset by a wave of bad financial news -- from the looming financial crisis and credit crunch to the rapidly escalating cost of industrial materials, particularly steel -- Clarkson via its weekly Clarkson Index delivered some good news for a change, as the index, which is a measure of prices for all types of vessels, rose for the first time in more than three months. According to a Bloomberg report


This Day in U.S. Navy History – November 29

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 to 0). 1929 - CDR 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 . (Source: Navy News Service)


9 Voith Schneider Tugs on target in SA Shipyards

Eugene Rappetti (left), with Southern African Shipyards CEO, Prasheen Maharaj (right)

Construction work on nine tugboats for Transnet National Ports Authority (TNPA) at the Southern African Shipyards premises in Durban is well under way. "This is a milestone project that reinforces the capacity and skill of South Africa when it comes to competing in the global shipbuilding


Asia-N.Europe Box Rates Plunge 23.6 pct Last Week

File image: a containership docked at a U.S. West Coast Terminal.

Shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 23.6 percent to $658 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. The drop in freight rates on the world's busiest shipping


Vale to Sell 4 Large Iron Ore Carriers to CMES

Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES) , as it looks to raise cash in the midst of an iron ore price slump.   The world's largest producer of iron ore said in a statement the details of the contract


Bazil's Vale, China's CMES Sign VLOCs Agreement

MS Vale Brasil. Photo: Vale

 Brazilian mining giant Vale and the China Merchants Group (CMES) signed an expanded framework deal for strategic co-operation on iron ore shipments. Vale has agreed to sell four large iron-ore carriers to CMES.   The world's largest producer of iron ore said in a statement the details


Vale Debt Rating Cut On Iron Ore Price Drop

Brazilian mining company Vale SA was downgraded late on Thursday by the Standard & Poor's credit-rating agency over concern that a drop in iron ore prices will erode revenue at the world's largest producer of the main steel-making ingredient.  


NZ Ports to Turn Away Cruise Liner

Ovation of the Seas by Royal Caribbean Cruises

 Radio New Zealand says that ports of Auckland is set to turn away one of the world's largest cruise ships after agreeing with its council-owner not to build one of two planned wharf extensions.   It said, without the extension, it could not berth the Ovation of the Seas


OTC’s Highest Award for Petrobras

Petrobras’ Exploration and Production Director, Solange Guedes

  Petrobras’ Exploration and Production Director, Solange Guedes, received the OTC Distinguished Achievement Award for Companies, Organizations and Institutions, the highest recognition that an oil company can be given as an offshore operator


Cabela's Names Navico Vendor of the Year

Marine Electronics Leader Honored for Innovation and Strategic Partnership for the Second Year in a Row In the General Outdoors Division

  Navico, the world’s largest manufacturer of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands — has been named Cabela’s® 2014 Vendor of the Year for the General Outdoors Division.


Another Megaship to Join Royal Caribbean Cruise Fleet

Anthem of the Seas passes newly enhanced Explorer of the Seas as she departs on her maiden voyage from Southampton, UK. Photo: Royal Caribbean Cruises Ltd

 Royal Caribbean has ordered a fourth ship for its Quantum Class family of ships from Meyer Werft. The ship will be delivered in 2019.   With two Quantum-class vessels already delivered and a third under construction, Royal Caribbean Cruises on Thursday announced plans to order a fourth


DNV GL's CEO Madsen Appointed UN Global Compact Board Member

Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL

  United Nations Secretary-General Ban Ki-moon has appointed Dr Henrik O. Madsen, Group President & Chief Executive Officer of DNV GL, as a new board member to the UN Global Compact board, the world’s largest voluntary corporate sustainability initiative.


Diana JV with WSM

Aliki Vessel. Photo by Diana Shipping Inc

 Dry bulk shipping company Diana Shipping and Wilhelmsen Ship Management (WSM) have joined forces in a new 50/50 joint venture named Diana Wilhelmsen Management Limited (DWM).   DWM, to be based in Limassol, Cyprus, and will commence operations by the end of June


BP Selects Technip for Thunder Horse

Location of Thunder Horse oil field

  Technip was awarded by BP Exploration & Production Inc. a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit


Boskalis Orderbook Down, Outlook Unchanged

Dutch dredging and marine services company Boskalis said on Tuesday revenue was virtually unchanged in the first quarter and that its orderbook had slipped slightly from the end of 2014. The company said in a trading update it could not provide any clear guidance for 2015


Rolls-Royce: 50 Years of Azimuth Thruster Production

Photo: Rolls-Royce

Marking 50 years since the delivery of its first azimuth thruster, Rolls-Royce held an event in Rauma, Finland to celebrate the occasion.   Azimuthing thrusters, which today are one of Rolls-Royce’s most successful marine products,  rotate through 360 degrees


Maersk Beats Forecasts, Loses Shipping Market Share

Photo: Maersk

Maersk Line lost market share in container shipping in the first quarter, disappointing analysts who said A.P. Moller-Maersk's  forecast-beating results on Wednesday had been helped by one-offs.   While the world's largest container shipping business reported a jump in net profit to






 
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