Author: Importer

Industry sources claim that South Korean top shipbuilders have not given the Israeli shipping company Zim approval to delay boxship deliveries by two to five years.They say both Hyundai Heavy Industries and…

Tanker market is expected to see further oversupply of Suezmaxes in the years ahead according to a report from Frankfurt-based DVB banking group.The surplus of Suezmaxes is reportedly projected to exceed 100…

Sembcorp Marine's subsidiary Jurong Shipyard has delivered a second ultra-deepwater semi-submersible rig, the Ocean Valor (previously PetroRig II), on schedule to Diamond Offshore Drilling Limited. Diamond Offshore Drilling Limited acquired from PetroRig…

COSCO International Ship Trading Co., Ltd. has agreed with COSCO (Zhoushan) Shipyard on the cancellation of their contracts for two 5,000-unit pure car and truck carriers (PCTCs).The PCTCs are the third and…

The International Chamber of Shipping (ICS), based in London, has reaffirmed its commitment to developing a consensus among shipowner organisations over emissions reduction schemes, despite growing criticism. In a recent press release,…

The 2nd German Society for Maritime Technology (STG) International Conference on "Ship Efficiency" in Hamburg left more than 200 participants wondering whether the current proposal to implement an Energy Efficiency Design Index…

Operators of offshore support vessels are facing another difficult year in 2010, although there should be some recovery over this year's market. This claim was made by Christian Loken, senior vice-president of…

The Swiss naval architect firm of Fintry Marine Design has placed its first order for a CarboCAT MPV23, an offshore wind farm service catamaran, with Kockums? Karlskrona Yard in Sweden. The Fintry…

An Automated Voyage Risk Assessment tool (AVRA), which provides users with a ship and voyage specific preview of security threats that may be encountered throughout a proposed voyage has been made available…

ABS and Lloyd?s Register have agreed to use common software for the assessment of scantlings of bulk carriers and oil tankers designed to comply with the new IACS Common Structural Rules (CSR).…