Philippine Govt Seeks Expansion of RoRo Facility

Tuesday, January 16, 2007
The Philippine government seeks to boost the fleet of RoRo vessels to cover unserved routes throughout the country, according to the Maritime Industry Authority. Emerson Lorenzo, head of Marina’s Shipping Regulation Office,said that 30 RoRo ships are needed for unserviced routes nationwide. Each RoRo with a capacity of 500 gross tons costs $4 to $6m. Lorenzo said the additional RoRo vessels would improve the country’s cargo industry and strengthen the Central and Eastern Nautical Highways.

Under the program, the government wants a RoRo port system to link the country’s islands. Another trigger for increased demand in new vessels is the April 2008 deadline for the phase-out of black cargo tankers plying Philippine waters. Each vessel, carrying 2,500 to 3,750 dead-weight tons, is priced at around $10m to $15m. Lorenzo said that local shipyards have no technology to build such vessels, but many are establishing ties with foreign shipyards to cope with demand. The average life span of a sea-going vessel is 30 to 35 years, with classed ships able to operate well beyond 50 years. Unclassed ships, however, are considered old by the time they reach 25. Source: The Manila Times

Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Victaulic Debuts Delta-Y Assembly for Offshore

Victaulic  introduces the Style DLY Delta-Y assembly, a combination of preassembled Victaulic cast grooved fittings, rigid couplings and butterfly valves. The Delta-Y

MOL Merges Group Companies; Upgrades Bridge Simulator

MOL adds DPS and enhances safe operation by integrating expertise through merger Mitsui O.S.K. Lines, Ltd. (MOL) announced the merger of MOL Marine Consulting, Ltd.

Swire Pacific Acquires 3rd L Class PSV

Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming and delivery of its third L Class PSV vessel, Pacific Legend in Kyoto,

RoRo

K-Line to Plead Guilty to Price Fixing

Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices,

Interferry’s UN, EU Input on Display in Vancouver

Two major examples of Interferry’s growing influence will be highlighted next week at the global trade association’s 39th annual conference in Vancouver.       CEO

MOL Holds Place in Dow Jones Sustainability Index

Mitsui O.S.K. Lines, Ltd. inform that it has once again been included in the Dow Jones Sustainability Index (DJSI) Asia Pacific, on which it has continuously held a spot since 2003.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0787 sec (13 req/sec)