Russia's United Shipbuilding Wins US$1-billion Order
"This is a series of four ships we will build in pairs, the contract is worth over one billion dollars," said OSC's Roman Trotsenko at the St Petersburg Economic Forum.
NYK Gets Japanese Pilots' Best Quality Ships Award
The NYK-owned containership NYK Arcadia, and the LNG carrier Pacific Eurus, managed by NYK LNG Shipmanagement, an NYK Group company, (Operator: LNG Marine Transport…
China's Taizhou Sanfu Yard Launches Bulker
![Photo credit: Taizhou Sanfu](https://images.marinelink.com/images/maritime/w100h1500/photo-credit-taizhou-sanfu-9118.jpg)
Taizhou Sanfu Ship Engineering Co. The builders say that this was the first PSPC compliant vessel ever built in their yard (referring to IMO's 'Performance Standard for Protective Coatings) which applies to dedicated seawater ballast tanks in all types of ships and double-side skin spaces of bulk carriers. The vessel is 230.0 m LOA, with a molded breadth of 38.0m, and a design draft of 12.50 m. Speed is 14.90 knots. The new bulk carrier is classed by ABS .
Mandatory Container Weighing Superfluous Says ESC
According to the European Shippers Council (ESC) extra regulation of container weights will not solve the safety issues in container transport, is superfluous and hardly feasible.
Insurance Advice for Marinas & Shipyards
Third party service providers can pose serious risk and liabilities for marina and shipyard owners. Without the proper due diligence these marine companies could…
Marine & Hydrokinetic Power Holds Promise
![Image courtesy of Pike Research](https://images.marinelink.com/images/maritime/w100h1500/image-courtesy-of-pike-research-9117.jpg)
In many ways marine and hydrokinetic power systems offer one of the most promising areas for renewable energy development. Marine and hydrokinetic resources – including ocean waves, tidal streams, river flows, ocean currents, and ocean thermal differences – are abundant, the technology is improving rapidly, and countries that have strong marine resources, such as the United Kingdom, United States, Australia, South Korea, Spain, and Portugal, have committed to supporting the industry.
DCNS, India's Pipavay Shipyard, Forge Strategic Partnership
The partnership is expected to boost India’s drive for self-reliance in the field of defence manufacturing and to create a large number of local jobs. It will further…
Bahrein Shipyard Signs Maersk Ship-Repair Deal
With 35 years experience in the shipbuilding and repair business, ASRY will repair Maersk ships operating in the Persian Gulf as required. In 2011 the yard repaired nine Maersk ships.
OECD Considers Shipbuilding Market Distortion
This special session of the WP6 held on 21, June 2012, was intended to take a fresh look at market distorting factors, so that future efforts can be directed towards those that are the most important…
Bunker Prices Double-Digit Drop
IFO380 has made double-digit drops in Singapore, Rotterdam, Fujairah, and Houston, and all four ports once again reached new lows for the month reports 'Ship & Bunker'.
Volva Penta Helps Coast Guard Save Fuel
![Photo credit AB Volvo Penta](https://images.marinelink.com/images/maritime/w100h1500/photo-credit-ab-volvo-penta-9116.jpg)
With its Volvo Penta’s innovative propulsion system the ships are to reduce fuel consumption by approximately 30% compared to traditional installations. To give the vessel the best overall performance the highly efficient Volvo Penta IPS 1050 complete propulsion system was selected. The system consists of triple Volvo Penta IPS 1050 based on 3 x D13-800 rated at 588 kW each, giving total propulsion power of 1764 kw.
China's Submersible Dives to 7,000 Meters
'Jiaolong's fourth successful dive below 7,000 meters, proved that the submersible was stable in function and the performance of the team improved gradually, said…
Topaz Wins Sharjah Ferry Contract
![(Photo: Topaz)](https://images.marinelink.com/images/maritime/w100h1500/photo-topaz-9126.jpg)
The UAE-based full service ship building, ship repair and engineering services company, Topaz Marine Engineering confirms it has been commissioned by the Government of Sharjah – Al Diwan Al Amiri to build and deliver one Catamaran passenger ferry boa. With a focus on passenger luxury and efficiency, the catamaran will be designed to accommodate 40 people, with passengers all seated on the main deck.
Five-year Contract for Pacific Drilling Vessel
Pacific Drilling S.A. Pacific Sharav is scheduled for delivery by Samsung Heavy Industries in Korea in the fourth quarter of 2013, upon completion of construction and client requested modifications.
IMO States Commitment at Rio+20
Presenting his vision at the panel discussion on “Sustainable Maritime Development - Contribution of Maritime Transport to Green Growth and Inclusive Development”…
Carnival Corp. Publishes Q2 2012 Financial Report
Carnival Corporation & plc announced non-GAAP net income of $159 million, or $0.20 diluted earnings per share for the second quarter of 2012. Reported U.S. GAAP net income…
Tognum Honors Best Suppliers
This is the seventh year that Tognum has given accolades for outstanding achievements, but the first year in which there have been five categories. The awards were presented by Dr.
O3b Networks to Install System in 'Oasis of the Seas'
![Photo credit Wikipedia CCL Baldwin 040](https://images.marinelink.com/images/maritime/w100h1500/photo-credit-wikipedia-ccl-baldwin-9119.jpg)
O3b Networks announces a multi-year, multi-million dollar agreement with Royal Caribbean Cruises Ltd. to provide high-speed satellite-delivered broadband service aboard the world’s largest cruise ship. By summer 2013, more than 8,000 guests, staff and crew members aboard the cruise industry leader’s flagship Oasis of the Seas – under the Royal Caribbean International brand – will be the first to enjoy O3b’s enhanced connectivity at sea as if connected to fiber at home or in the office.
Bertram Relocates to Florida
Bertram Yacht relocates its productiion facility from Miami to Merritt Island. Bertram's announced the move to 160 people at its press conference, who toured the facility.
Ship Recycling Prices Plunge 25%
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Demolition Prices for elderly ships have fallen by a quarter in 2012 to date, and owners are encouraged to dispose of recycling candidates sooner rather than later, says Mark Williams of Braemar Seascope. Addressing the 7th Annual Ship Recycling Conference in London on 19th June, the Braemar Seascope Research Director told delegates that deflating international steel prices were likely to translate into lower offers for recycling tonnage in the coming quarters.