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Austal Delivers Fast Twins for Hong Kong Fleet

Austal has delivered its latest high speed passenger catamarans to a market that did much to establish the Australian shipbuilder as a world leader in the design and construction of high speed ferries. Hong Kong based New World First Ferry Services (Macau) Limited accepted delivery of two 47.5 metre passenger catamarans at the beginning of September, taking the total number of Austal-built vessels in its fleet to seven. Officiating at the colourful Launching Ceremony at Hong Kong’s Dragon Cruise Pier and at Macau Ferry Terminal were Mr R C L Footman, JP, Commissioner for Transport of Hong Kong SAR Government and Mr Ao Man Long, Secretary for Transport and Public Works of Macau SAR Government. The launching ceremony was also attended by Dr Henry Cheng Kar Shun, Chairman of NWS Holdings, Mr Tsang Yam Pui, Executive Director of NWS Holdings, Mr John Hui, Director & General Manager of First Ferry (Macau) and Austal Sales Manager Mr Mark Stothard. Speaking at the ceremony Dr Cheng said the arrival of the new ferries marked the culmination of First Ferry (Macau)’s investment of over HK$250 million to acquire five high speed catamarans in the past four years. “With the dedicated service coupled with enhanced frequency, First Ferry (Macau) is well received by the market with encouraging patronage figures. Besides, the market share of First Ferry (Macau) has been on a rising trend, from a single digit figure up to the current 25 per cent


Hyundai Sets Output Record

Hyundai Heavy Industries reported that it set in December a new world record in the monthly output of large ship engines, according to a report on http://joongangdaily.joins.com. Hyundai Heavy produced 17 large ship engines capable of generating a total of 890,000 hp last month, above its previous record of 760,000 horsepower in June, the company said. (Source: http://joongangdaily.joins.com)


Noble Announces Fourth Successful Semi Conversion

Noble Drilling said its fourth successful EVA-4000 semisubmersible conversion, Noble Amos Runner, began drilling in the Gulf of Mexicofor its contractors - Kerr-McGee Corp., Marathon Oil and Murphy Exploration and Production Co. The semi, capable of drilling in water depths of 6,600 ft., underwent mooring sea trials before it began its five-year drilling project in the Gulf. Noble Drilling, also announced its second conversion, Noble Paul Wolff, drilled a well for Petroleo Brasiliero S.A


Joint Asia-U.S. East Coast Service Announced

The member lines of the Grand Alliance (GA) in the Transpacific trade - Hapag-Lloyd, Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL), and The New World Alliance (TNWA) - APL, Hyundai Merchant Marine (HMM), and Mitsui O.S.K. Lines, Ltd (MOL) - recently announced that from August 2006 they will commence an Asia-U.S. East Coast service via the Panama Canal. Each alliance will contribute ships with capacity of approximately 3


Asia-East Coast Service to Call on Savannah

The Grand Alliance, comprised of OOCL, NYK Hapag-Lloyd, and the New World Alliance, comprised of APL, MOL and Hyundai Merchant Marine announced the addition of the Asia-East Coast service (also known as the EC3 service), a new express, all-water service between Asia and Savannah via the Panama Canal. The Asia-East Coast will be a weekly service and make its first call on Savannah in September. Port rotation is Shanghai, Chiwan, Shekou, Hong Kong, Manzanillo, Savannah


Immarsat FleetBroadband Supports Solo Circumnavigator

Chinese sailor Guo Chuan will attempt to set a new world record by circumnavigating the globe single-handed - with support from Inmarsat Guo's 40-ft yacht will be equipped with a FleetBroadband terminal provided by Inmarsat which will help him send back video and pictures and assist him in plotting a safe course as he attempts to cover 21,600 nautical miles in 130 days. For his latest challenge, Guo, the first Chinese to cross the Atlantic single-handed, in a 21ft (6


Incat Holds World Record for Two Decades

Incat Robert Clifford with the Hales Trophy at a ceremony in London in 1998 following the win by the ship CatLink V. (Photo courtesy Incat)

Twenty years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by an Incat Tasmania-built ship. June 23 marks twenty continuous years that Incat-built fast ships have held the record for the fastest Transatlantic Crossing.   On June 23, 1990 Hoverspeed Great Britain, a ship built by Incat in Tasmania, for operation between England and France by Sea Containers Ltd


Fastest Sailboat on the Planet – 'Vestas Sailrocket 2'

Vestas Sailrocket 2: Image credit Vestas

The speed sailing boat smashes the current record in Walvis Bay, off the coast of Namibia. The new world record of 59.23 knots (109kph) set the best average time over 500m and broke the previous mark of 55.65 knots with a peak speed of 63 knots (119kph). Two days later the team improved this speed with a 59.38 knot run which peaked at exactly 120kph (64.78 knots). During the same run the team also smashed the nautical mile world record* with an average of over 55 knots


Oil Prices will Produce BP Job Cuts

BP is to axe middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary. "What you'll see with this simplification plan is that headcounts are starting to come down across all of our activities in upstream, downstream and in the corporate centres -- essentially the layers above operations," the newspaper quotes Gilvary as saying.


Cosco Merger May Change Industry Dynamics

Image: China Shipping group

 The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry, says a report in the WSJ.   The merger will free the two Chinese shipping groups from competing against each other at home and abroad, in an industry swamped with oversupply and depressed freight rates.    The new world leader in shipping industry is likely to own 832 ships including


Charter Owners, Operators Confront Container Market’s ‘Great Divergence’

Photo: Hapag-Lloyd

The latest Container Shipping Forecaster from Maritime Strategies International highlights the contrasting fortunes of liner operators and tonnage providers.   The entire container shipping industry remains under significant pressure. Whilst freight rates have improved marginally from the


OMEGA Engineering Relocates its Headquarters

Fifty years ago, OMEGA Engineering, Inc. was a small privately held company that was woman owned and operated. Today it's a global manufacturer and supplier of process measurement and control products, operating out of brand new world headquarters


Final Marquette Z-drive Towboat from Master Marine

Photo: Master Marine

In December, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala.   The 78'x 34’x11' St. Matthias was designed by Entech Designs, La. for Marquette’s river division, based in Paducah, Ky.  


Video: Retired Ship Sunk to Form Artificial Reef

Photo: Matrix New World Engineering

Sinking a 6,000-ton, 371-foot former cargo vessel to help create an artificial reef in the Gulf of Mexico is a herculean feat, one only accomplished with strict adherence to rigorous federal and state environmental regulations.   When the cargo ship Kraken was recently sunk 67 miles off the


Fifth Z-drive Towboat from Master Marine

In September, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Alabama. The 78 x 34 x 11-ft. St. James was designed by Entech & Associates, for Marquette’s Gulf-Inland division, based in Harahan, La.  


Fourth & Fifth Z-drive Towboat from Master Marine

St WEB.jpg

In August and September respectively, Marquette Transportation Co. took delivery of the fourth and fifth 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala. The 78 x 34 x11-ft. St. Peter was designed by Frank Basile of Entech & Associates, Houma, La


Another Z-drive Towboat from Master Marine

Photo: Master Marine

In December, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala.   The 78'x 34’x11' St. John was designed by Entech & Associates, for Marquette’s Gulf-Inland division, based in Harahan, La.  


A Mega(Ship) Year at Felixstowe

Image: The Port of Felixstowe

 The Port of Felixstowe welcomed 105 calls last year by container ships of over 18,000 TEU, including all the largest container ships in the world. It is now firmly established as the UK port of call for these giants of the sea.  


7th Z-drive Towboat from Master Marine

ST PHILLIP Photo Master Marine

In February, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Alabama. The 78'x 34’x11' St. Phillip was designed by Entech & Associates, for Marquette’s Gulf-Inland division, based in Harahan, La.


Master Marine Delivers Z-drive Towboat to Marquette

St. Bartholomew (Photo: Master Marine, Inc.)

Marquette Transportation Co. has taken delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala.   The 78' x 34’ x11' vessel, St. Bartholomew, was designed by Entech Designs, La. for Marquette’s river division, based in Paducah, Ky.  


Master Marine Delivers Z-drive Towboat to Marquette

St. Matthew (Photo: Master Marine)

In July, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala.   The 78'x 34’x11' St. Matthew was designed by Entech Designs, La. for Marquette’s river division, based in Paducah, Ky.  


Steady Return to Growth for the Offshore MMO Sector

Photo by Krokstadelva, Norway

 Douglas-Westwood has launched its new World Offshore Maintenance Modifications and Operations Market Forecast 2017-2021 which forecasts a steady recovery from the recent oil price downturn with Modifications spend expected to improve significantly between 2017 and 2021.  


LNG Investment Swings to North America

Photo: Chamber of Shipping of British Columbia

 The LNG industry is undergoing a dramatic transformation. North American activity (the majority of which is committed spend) is driving a return to growth in global capital expenditure. A wave of new LNG carrier newbuilds will also be required to support a huge increase in traded base-load


Master Marine Delivers Z-Drive Tug to Marquette

St. Simon (Photo: Master Marine)

Marquette Transportation Co. has taken delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala.   The 78'x 34’x11' St. Simon was designed by Entech Designs, La. for Marquette’s river division, based in Paducah, Ky.  


TorQuest Partners Invests in McKeil Marine

Steve Fletcher (Photo: McKeil)

TorQuest Partners has invested in McKeil Marine, in partnership with existing management and shareholders, the two companies announced. Terms of the investment were not disclosed.   McKeil also announced that Steve Fletcher, President, who has been with McKeil for 17 years






 
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