Industry News – Page 330
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News
Far East shipyard support may hurt industry
Chinese and South Korean support for shipbuilders may hurt the industry in the long term by keeping unprofitable yards afloat amid plunging demand, according to Drewry Shipping Consultants Ltd. "There?s absolutely no sign that world shipbuilding capacity is going to be rationalized," Managing Director Arjun Batra said at a shipping ...
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IHC Merwede focusing on India
The Dutch shipbuilder, IHC Merwede, the market leader in the construction of specialised dredging equipment, is fast increasing its footprints in India. Last year the company delivered seven dredgers to various Indian companies and this year it has already several newbuildings on order and is in the process of signing ...
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Low sulphur fuel causing power loss
The US Coast Guard and international shipping lines are becoming seriously alarmed at the number of ships suffering loss of power after switching to low sulphur fuel. This is particularly the case in California where the state ordered all ships (with a few special exceptions) from July to use a ...
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Non-operating owner idle fleet at record high
The Non-Operating Owner (NOO) fleet of idle containerships has risen to 654,000 teu, the highest level ever recorded, according to the latest Alphaliner fleet survey. The carrier-controlled idle fleet stood at 643,000 teu and has fallen below the NOO idle fleet for the first time since Alphaliner started tracking the ...
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NewsFirst order for new Voith propellers
The new Voith radial propellerVoith has developed a new marine propulsion system for installation into a special vessel used for constructing offshore wind parks.From idea to contract signing in 18 months, the marine business of Voith Turbo has developed the Voith Radial Propellers (VRP) rated at 5.5 MW. With this ...
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Kawasaki rejigs capacity
Japanese shipbuilder Kawasaki Shipbuilding is reducing newbuilding capacity at its Sakaide Shipyard by returning to a one-dock system from the current two-dock one in the autumn next year.As newbuilding demand shrinks, it is adjusting shipbuilding pace and the yard's operating hours are expected to decrease by 20%. Sakaide Shipyard had ...
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Taizhou Kouan wins seven cargo vessels
China's Taizhou Kouan Shipbuilding has reportedly secured an order for the construction of seven 27,000 dwt multipurpose cargo vessels from a domestic shipowner with delivery scheduled for 2011. Ship prices were not disclosed.The shipbuilder also won a ropax ferry order from Guangdong Zhanjiang Shipping Group for delivery in 2010. The ...
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German owner refuses delivery of PCTC
The German shipowner NSC Schiffahrtsgesellschaft is refusing to take delivery of a large car carrier lying at Croatia's 3 Maj shipyard. It is the last of three 4,900 unit car carrier newbuilding's NSC founder Roberto Echevarria booked at the Rijeka yard after allegedly gazumping Compania Chilena de Navigacion Interoceanica (CCNI).Since ...
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Vietnam car carriers cancelled
Hoegh Autoliners of Norway has cancelled orders for two car carriers ordered from Vietnam shipbuilder Vinashin.. The pair are part of a deal for four ships of 7,000 car equivalent units (ceu) placed by Hoegh in 2006 at Vinashin with delivery between 2009 and 2011. They were priced at slightly ...
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CLSL-MISC order LNG carrier
China LNG Shipping (Holdings) Limited and Malaysia's MISC Bhd have signed a co-operation agreement for the construction of a 174,000 m3 LNG carrier at China's Hudong-Zhonghua Shipbuilding. Local papers speculate that CLSL will hold a 51% majority stake in the venture and that construction of the newbuilding will begin next ...
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Clarkson reveals lowest orderbook since June 2007
New research from UK-based Clarkson Research Services show that the world newbuild orderbook comprised 8,779 vessels (164.7 million CGT), the lowest since June 2007. Since the start of 2009, orders for gas tankers have fallen by 28% while, in other sectors, tanker orders are down 21%, container orders have fallen ...
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Wärtsilä joins UN Global Compact initiative
Wärtsilä has signed the United Nations Global Compact (UNGC) initiative and has been registered as a participant by the UN Global Compact Office. With this action Wärtsilä further consolidates its commitment to sustainable business practices, and to the compact's underlying principles in the areas of human rights, labour, environment and ...
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Iraq needs two new OSVs urgently
An urgent tender to build two new OSVs for the Government of Iraq has been released by the US Navy as part of Iraq?s future procurement programme.The US Navy is calling for an accelerated delivery schedule for the newbuild vessel and has specifically said that it would not consider converting ...
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Postponed boxship deliveries ease ZIM's financial woes
The Israeli container shipowner, ZIM Integrated Shipping, has reached a financial understanding to postpone four pending 10,000TEU newbuild deliveries. Originally due to be delivered in 2010, the quartet will now be delivered in 2014-15. This follows a similar recent postponement of nine 12,600TEU ships in the same timeframe. The move ...
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Wärtsilä has unique integrator role in FellowSHIP project
Wärtsilä has been assigned overall responsibility for systems integration in the pioneering FellowSHIP project. Wärtsilä's specially designed equipment is being used to integrate and create synergies between leading marine technology and state-of-the-art fuel cell technology. The equipment has been installed onboard the platform supply vessel 'Viking Lady' for extensive sea ...
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Siem to order a pair of OSRVs
Siem Offshore in Norway is ordering two oil spill recovery vessels (OSRV) on the back of a lucrative eight year contract with Petrobras. The two ORSVs, to be operated by SIEM Consub, shall be built in Brazil under the Merchant Maritime Brazilian Government Fund program ("FMM"), which provides up to ...
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NewsIMO highlights climate change challenge on World Maritime Day
Miguel Palomares, IMO Marine Environment Division director, launching IMO's climate change DVD on World Maritime Day 200924 September 2009 marks the 32nd celebration of World Maritime Day. This year, the theme for World Maritime Day is 'Climate change: a challenge for IMO too.'Part of IMO's World Maritime Day was the ...
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UK and Norway shipowners back emissions trading
The shipping industry associations of Australia, Belgium, Norway, Sweden and the UK have launched a discussion paper detailing a practical solution for reducing CO2 through emissions trading. "It is important that legislators and regulators find a practical way of including shipping in the international work to reduce global warming," said ...
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Vale may place bulker order locally
Brazilian mining giant Vale SA has given domestic shipbuilders the opportunity to build four 400,000 dwt bulk carriers. The company had been under pressure from the government to make investment in domestic industry. Vale recently met shipbuilder representatives to explain its shipping needs and had outlined the technical specifications and ...
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Success for new bunkering metering system
Nautical Control Solutions (NCS) announced today that Buffalo Marine Service of Houston in Texas successfully tested its FuelTrax bunkering system on a delivery of 1500 tonnes of IFO 500 to the container ship Maersk Wyoming. The test took place last month at the Port of Houston where the crew of ...
