Tankship Owners Frontline Take Cautious Approach
Net income attributable to the Company of $7.2 million and earnings per share of $0.09 for the first quarter of 2012. Frontline sold the double hull Suezmax tanker…
UASC Names Samsung Heavy Built Containership
The United Arab Shipping Company (UASC) has named it’s new 13,500 TEU containership Ain Snan at a ceremony in Hamburg, following a nine-month building phase. The…
Ballast Water Treatment 'Chaos' Says ICS Chairman at AGM
At the ICS AGM, national shipowners’ associations from Europe, Asia and the Americas, representing all sectors and trades and 80% of the world merchant fleet, considered…
New Virginia Class Sub Arrives in Pascagoula for Commissioning
Pre-Commissioning Unit (PCU) Mississippi (SSN 782) Mississippi, like all other Virginia-class submarines, is designed to dominate both the littorals and deep oceans. It will serve as a valuable asset in supporting the core capabilities of Maritime Strategy: Sea control, power projection, forward presence, maritime security and deterrence. "As we approached the Port of Pascagoula during the early morning hours and watched the sun rise over the Gulf of Mexico…
Korean Yard Contracted to Build Giant Semi-submersible Rig
Hyundai Heavy, as a turnkey contractor, will undertake all works including engineering, procurement and commissioning for the USD 700 million project. The contract also includes an option exercisable by the owner to order an additional same class drilling rig. The rig will be built at Hyundai Heavy’s Gunsan Shipyard. Equipped with a 1,650 ton Goliath Crane and the world’s largest 1.3 million DWT dry dock, the Gunsan Shipyard has delivered 26 ships since its establishment in 2010.
Oman Drydock Receives Largest Two LNG Carriers Yet
Oman DryDock Company (ODC) has made another milestone achievement when it received the largest two carriers since starting the soft operation last April. The earlier…
Giant Photo Dominates Jubilee River Thames
Sea Containers, by Blackfriars Bridge, was covered with the giant picture measuring 100m by 70m and weighing in at nearly two tons. The image was erected by a team of eight people over 45 hours. It is due to remain in place until the end of June. The 'Sea Containers' building was originally built as a hotel in the mid 1970's but opened instead as offices, taking its name from its long term tenants, the 'Sea Containers', a transport and container leasing business.
Ship Sale & Purchase Market – Weekly Summing Up
A vessel reported to have been committed from the Japanese market is the handymax M/V SOLAR ASIA (46,658 dwt 1998 blt Mitsui) sold for US$ 12.5m to Chinese interest.
Carbon Fibre Megayacht Launched from Picchiotti Shipyard
The Perini Navi Group, designers and constructors of large sailing and motor yachts, announce that the 31,65m sloop Xnoi (pronounced per noi - “for us”) has been launched. This sailing yacht has a hull, superstructure, mast and boom and all are in carbon fibre. The launching ceremony was held recently at the Picchiotti shipyard in La Spezia. The construction of this new yacht – designed by Nauta Yacht…
Australian Wind & Wave Energy Platform a World First
The triangular shaped Energy Island will comprise six oscillating water column (OWC) wave energy devices and an offshore wind turbine assembly and will be capable…
Karachi, Pakistan, Power Ships Idle Worsen Outages
The world’s largest power ship lies anchored off Pakistan’s energy-starved port city of Karachi, just one of its 19 chimneys puffing smoke into the sea air, reports…
STX Begin Steel-cutting for First of 4 LNG Carriers
According to 'LNG World News' the ships will be built on a joint class of Russian Maritime Register of Shipping (RS) and Lloyd’s Register (LR) by order of Sovcomflot for Gazprom Global LNG…
BP to Supply LNG to Indonesia Long Term
On behalf of the Tangguh PSC partners, BP yesterday signed a Memorandum of Understanding (MoU) to provide long-term LNG supply to Indonesia’s state electricity company, PT.
MHI & Imabari Shipbuilding Agree Container Ship Collaboration
Mitsubishi Heavy Industries, Ltd. (MHI) and Imabari Shipbuilding Co., Ltd. The initiative aims to combine MHI's technological capabilities, as in the development of energy-saving vessels…
Damen Shipyards Acquire Swedish Ship Repair Yard
Dutch shipbuilding and repair company Damen Shipyards Group has taken over the shares of Swedish shiprepair and maintenance yard Oskarshamnsvarvetin Oskarshamn.
China Prepares for 7.000-meter Manned Submersible Dive
China's manned submersible Jiaolong, which reached 5,188 meters below the sea during its deepest dive in the Pacific Ocean this year, is on its way to attempt a 7,000-meter dive in the Marianas Trench, according to the State Oceanic Administration (SOA). China's intention is to develop deep-sea technologies and equipment, including comprehensive research ships, mothership of manned undersea grafts…
Container Ship Owner to Present at Euro-Pacific Investment Conference
Global Ship Lease Inc. Global Ship Lease, Inc. (NYSE:GSL ), a containership charter owner, has announced that the Company's Chief Executive Officer, Ian Webber,…
Mina Masaffah Port Record Broken
The MV Svenja, with a draft of 8.66 metres owned by the SAL shipping line, arrived at the port heavily laden with a load weighing just over 12,000 tonnes. One heavy-lift piece of cargo wieghed in at 570 tonnes. Before this, the record for the largest ship to berth at the Port in terms of LOA (length overall) had lain with the MV Arzanah, which discharged over 7,000 tons of bagged urea fertilizer from Ruwais.
Center for Coastal Conservation Honors Grady-White Boats
Grady-White Boats President, Kris Carroll, has received an antique sextant commemorating the inaugural Eddie Smith Manufacturer of the Year Award from the Center for Coastal Conservation in recognition of her commitment to the preservation of America's fishery resources. The Eddie Smith Manufacturer of the Year award was established by the Center to honor extraordinary commitment to conservation by manufacturers.
Battleship 'Iowa' on Tow to New Home
Surrounded by pleasure boats and other vessels, the 887-foot long, 58,000-ton battlewagon was towed through the bay and passed under the Golden Gate Bridge. Crowds watched from both sides of the bridge as the U.S. Coast Guard Cutter Sockeye provided an official escort and the San Francisco fireboat Phoenix led the way. At the St. Francis Yacht Club on San Francisco’s shoreline, officers and crew members of the USS Decatur…
