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Mediterranean Shipping Company Orders New Cruise Ship

Mediterranean Shipping Company. (MSC) has announced that its cruise division, Mediterranean Shipping Cruises, today confirmed an order for a new 1,600-passenger capacity cruise ship to be built by the French shipyard, Chantiers de l'Atlantique at St. Nazaire at a cost of $250 million. Negotiations are also in progress for a second ship of the same capacity. Backed by a network of MSC owned offices and affiliated agents worldwide, Mediterranean Shipping Cruises is the only cruise company totally capitalized in Italy. It is part of the MSC Group of Companies, one of the world's largest shipping groups with $2.5 billion in assets. Ranked as the fourth largest container operator in the world, MSC also operates 140 container ships in direct and relay services around the world, serving 166 ports on five continents. Ten new 6,700-TEU containerships were ordered last year, and the first of these will be delivered in 2001. With this new cruise ship order, Mediterranean Shipping Cruises increases its cruise cabin capacity by 60 percent, from 2,400 to 4,000 berths per night. The new 60,000-ton cruise liner will have 800 cabins, including 130 suites with private verandahs. Passenger capacity, based on lower beds, will be 1,600. The total capacity, all berths, will be 2,200 passengers. To increase comfort levels and reduce engine noise aboard the ship, MSC has ordered the installation of a technically advanced propulsion system, AZIPOD.


Great Ship: Great Ships of 2003

Great Ship: White Rose Builder Samsung Heavy Industries Co., Ltd. Owner Husky Oil Operation Type FPSO For many years now, contracts for ships and floating units to operate in an offshore environment have been much-prized value-added goals at Samsung. These include not only shuttle but drill ships, floating storage and offloading units (FSOs), with their derivative production types (FPSOs), crane ships, and various types of floating and fixed platforms


Navy Ship Provides Assistance to Disabled Cargo Ship

A Landing Craft Utility (LCU) 1661, assigned to Assault Craft Unit Two (ACU-2) approaches the port beam of the distressed motor vessel Al Manara as a MH-60S Seahawk helicopter pass overhead. Nassau supplied the ship with 10 days of food and water using LCUs and Combat Rubber Raiding Craft (CRRC) while the ship waited for a tugboat to pull it into port. Nassau is deployed as the flag ship for Expeditionary Strike Group Eight (ESG-8) supporting maritime security operations (MSO) in the 5th


North American Ship Recycling Buys James River Ship

The U.S. Department of Transportation’s Maritime Administration (MarAd) announced that North American Ship Recycling is buying the World War II-era vessel Hoist for $61,000. The ship will soon be leaving the James River, headed for the firm’s facility at Sparrows Point, near Baltimore, Md. When the Hoist departs, it will be the 60th ship to depart the James River fleet since January 2001. The Hoist, a Navy rescue and salvage ship built in 1945, served with distinction for 49 years


Yenisei Shipping to Sell Ships

On August 28 the Krasnoyarsk branch of the Russian Fund of Federal Estate announced the privatization of ships operated by Yenisei Inland Shipping Company, reports Kommersant. By the end of the current year 104 ships of the shipping company will have been sold – among them there are 73 barges, 26 motor vessels, 2 ferries, 2 tugboats and 1 rescue vessel. The cost of the vessels is not announced. (Source: http://www.seanews.ru)


Diana Shipping joins IPO Shipping Fleet

Diana Shipping on Tuesday filed to sell 12.375 million shares at $15-$17 each in a bid to raise up to $210 million in its initial public offering. It's the latest in a series of shipping companies to float shares in the U.S. market. Based in the Marshall Islands and Athens, Greece, Diana Shipping is going public via underwriter Bear Stearns. The operator of dry ships that transport iron ore, grain and coal plans to trade on the New York Stock Exchange under the symbol DSX.


China Shipping Development to Buy Four Ships

According to a Reuters report, China Shipping Development Co. said it would buy four very large ore carriers (VLOCs) from Chinese shipbuilders for $400m to develop its ore import business. Each ship will have capacity of 230,000 deadweight tonnes, said the company. It said the purchase would be funded from the company's own resources or through bank loans. Last month, China Shipping Development said that in another deal, it would buy four large iron ore carriers for $460m


Oslo Shipping Forum, Nor-Shipping

Tradewinds’ Fifth Oslo Shipping Forum, scheduled for Wednesday, June 10, gathers industry leaders to focus on Norwegian shipping and the new financial landscape.   In an uncertain market characterized by falling freight rates, tonnage oversupply and fierce competition, the Norwegian shipping industry faces significant challenges. The Fifth Oslo Shipping Forum, organised by Nor-Shipping 2009 Conference Partner Tradewinds


Nor-Shipping Clean Shipping Awards

Nor-Shipping organizers, in cooperation with Den Norske Veritas (DNV), announced the nominees for the first Clean Shipping Awards. Winners will be announced at Nor-Shipping 2009’s Opening Conference, scheduled for June 9. Working in cooperation with DNV, Nor-Shipping has established the Clean Shipping Awards, scheduled to be introduced at Nor-Shipping 2009’s Opening Conference. Selected by an independent jury, the Clean Shipping Awards cover three categories: Clean Sea


MSC Ship: First USN Ship Visit to Vietnam Port in 38 years

USNS Richard E. Byrd in Vietnam. (Photo: U.S. Navy photo by Anh Ho)

Military Sealift Command dry cargo/ammunition ship USNS Richard E. Byrd left Cam Ranh Bay in southern Vietnam today, marking the end of a historic visit - the first by a U.S. Navy ship to the port in more than three decades.  Byrd spent seven days at Cam Ranh Shipyard for routine maintenance and repairs that included underwater hull cleaning, polishing of the ship's propeller, repairing shipboard piping, and overhaul of the salt water cooling system that keeps the ship's engines cool


Discussion: Cruise Ship Waste Management

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Ship to Shore flexible Recycling DEERBERG-SYSTEMS sets the course for the future of waste management onboard cruise ships With a round table discussion in Hamburg, DEERBERG-SYSTEMS said it is addressing the questions of tomorrow gathering cruise lines, ship yards, ports and disposal companies


Sunken WW II Ship Oil Leak Plugged

Atlantic Coast Marine Group, Inc. successfully responds to World War II era motor tanker leaking massive cargo of oil into the Atlantic Ocean's waters. Beaufort, North Carolina-based Atlantic Coast Marine Group, Inc. (ACMG), a marine salvage, emergency towing and environmental services provider


Box Ships Inc. Repays Commerzbank Loan

Box Ships vessel: Photo courtesy of the owners

Greece-based Box Ships Inc. says it has repayed in full the outstanding amount under its loan agreement with Commerzbank AG dated July 29, 2011.  The outstanding amount of the loan, as of July 21, 2014, amounted to $21.5 million and the parties agreed to the payment of $15


Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio tankship: Photo courtesy of the owners

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report. Stock Buyback Program The company has purchased 6,327,861 of its common shares in the open market at an average


TOTE’s Marlin Class Ships Enter Next Build Phase

The world’s first dual-fuel slow-speed engine arrived at General Dynamics’ NASSCO Shipyard (Photo: TOTE)

Engine and LNG Tanks Delivered to NASSCO The arrival of the world’s first dual-fuel slow-speed engine to General Dynamics’ NASSCO Shipyard marks the next phase of construction for TOTE’s Marlin Class vessels, projected by TOTE to be the world’s safest and cleanest


Mexico Tries to Relaunch Stranded North Korean Ship

Mexican rescue workers were trying to refloat a North Korean vessel stranded in the Gulf of Mexico a few miles from a port where it had planned to load fertilizer, authorities said on Tuesday. The 6,700-metric-ton freighter Mu Du Bong, which had come from Cuba, ran aground on a reef on Monday


Ship Reportedly Booked for First US Condensate Export

The first condensate cargo for export is due to load in Texas at the end of this week, headed via the Panama Canal to Asia, shipping sources said. Westport Petroleum Inc., the Franklin, Tennessee-based shipping arm of Japanese trader Mitsui & Co


Trans-pacific Container Shipping Group Aims for Rise in Rates

Photo: CMA CGM

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organisation TSA said on Wednesday. Members of the TSA (Transpacific Stabilization Agreement) include 15 of the world's biggest container shipping


China Seeks to Build Shipping Railways in Brazil

Brazil hopes that during a visit by Chinese President Xi Jinping it can boost ties with its biggest trade partner beyond the exchange of commodities for manufactured goods, but that may be wishful thinking. Accords China will sign with Brazil when Xi meets with President Dilma Rousseff on


Historic Navy Ship Baylander Shortly Open to New Yorkers

ex-USS Baylander: Photo credit Baylander

An historic U.S. Navy vessel that was originally deployed during Vietnam and later used to train U.S. helicopter pilots will temporarily dock at Pier 5 of Brooklyn Bridge Park (BBP) and for the first time be open for public tours. Free walk-up tours of the 'Baylander' are currently scheduled for


Asia-Pacific Container Shipping Rate Hike on the Cards

Container ship: Photo APL

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organisation TSA said on Wednesday. Members of the TSA (Transpacific Stabilization Agreement) include 15 of the world's biggest container shipping


APL Voted Best Trans-Pacific Shipping Line

Credit : APL

  APL today won the Best Trans-Pacific Shipping Line accolade at the 28th Asian Freight & Supply Chain Awards (AFSCAs). This is the third time in four years that APL has emerged as the preferred liner in this category, following wins in 2011 and 2012.


Asia-Europe Container Shipping Rate Falls 5.5%

Container ships bow: Photo courtesy of APL

Reportedly, shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 5.5 percent to $1,230 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


Evergreen Holds Naming Ceremony for New Ship

everloading.jpg

Evergreen Group held the naming ceremony for Ever Loading, the sixth of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's Kaohsiung shipyard and was officiated by Bronson Hsieh, Evergreen Group's Second Vice Group Chairman


COSCO Guangdong Building 3rd Ship UT771WP Series PSV

COSCO Guangdong start building a third ship UT771WP series PSV

  Construction of the Guangdong company COSCO Singapore CHELLSEA third ship built offshore platform supply vessels UT771-WP (N605) was successfully started yesterday. The total length of 85.7 m platform supply vessels, width 18 m, depth 7






 
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