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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Total E&P is First to Use FROG-XT4

Total E&P is the first to use Reflex Marine’s newly developed FROG-XT4 on the Odudu field in Nigeria. The French operator purchased the crew transfer device

New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program,

Floating Production: $1.2b Speculative FLNG Ordered

The floating production business continues to be very strong, particularly in the LNG gas processing sector.  Last month saw a speculatively ordered floating liquefaction plant – a $1.

RoRo

Marseilles Fos Reports Mixed First Half

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals.

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

MES Gets First Order for ME-GI Marine Engine

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has received the first order of electronically controlled gas injection diesel engine (ME-GI) for MES. MAN B&W 8S70ME-C8.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Sonar Winch
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: 0.0712 sec (14 req/sec)