S.Korea State Banks to Inject $2.4 Bln into Daewoo Shipbuilding
Struggling Daewoo Shipbuilding & Marine Engineering Co Ltd's will receive an injection of 2.8 trillion won ($2.4 billion) from two state-run creditor banks to save it from being delisted…
Volvo Penta Engines for Two New Elizabeth River Ferries
Hampton Roads Transit (HRT) has specified twin Volvo Penta 13-liter 400 hp diesel engines to power its two new Elizabeth River ferries – River Ferry IV and V – due to enter service later this year. The ferries provide daily, round-trip connections between the downtowns of Norfolk and Portsmouth in southeastern Virginia. The two aluminum 150-passenger pedestrian ferries were designed by BMT Group and are under construction at Armstrong Marine’s shipyard in Swansboro, N.C.
World’s Largest Ethane Carrier Delivered
The world's first very large ethane carrier (VLEC), Ethane Crystal, has been delivered to India’s Reliance Industries Ltd. by South Korean shipbuilder Samsung Heavy Industries (SHI), representing a significant milestone for the gas shipping industry. The vessel is now the planet’s largest, purpose-built ethane carrier – comparable in size to today’s very large gas carriers (VLGC) – and with its 87…
Diversification Strengthens Vard’s Order Book
Designer and builder of specialized vessels Vard Holdings Limited announced its financial results for the third quarter ended September 30, 2016 (3Q 2016) and nine months ended September 30, 2016 (9M 2016). VARD said its diversification strategy is continuing to yield promising results, generating strong order flows in 3Q 2016. A total of seven new contracts were garnered by the group during the quarter…
New Cranes for Helsingborg, St. Petersburg Ports
Liebherr Maritime Cranes recently delivered a new mobile harbor crane, type LHM 550, to the Port of Helsingborg. In addition, Container Terminal St. Petersburg got two machines of the same type. All three machines are equipped with electric prime movers. At the end of August, a new Liebherr mobile harbor crane, type LHM 550, the latest investment by Port of Helsingborg arrived at the Västhamnen. The crane was shipped fully assembled by barge from the Liebherr facility in the Port of Rostock.
NASSCO Delivers Jones Act Tanker to SEA-Vista
On November 8, 2016, shipbuilder General Dynamics NASSCO delivered the American Jones Act-qualified ECO Class tanker Constitution to SEA-Vista LLC. The ship was delivered during a signing ceremony at the builder’s shipyard in San Diego. Construction on Constitution began in June 2015, and the vessel was christened and launched on August 27, 2016. Constitution was built for SEA-Vista, a partnership between SEACOR Holdings Inc.
ABB Partners with Chinese Shipyard to Develop Digital Tech
ABB said it has signed a formal agreement with Chinese shipyard Wuchang Ship Building Group to deepen cooperation with an emphasis on developing greener ships and digital solutions. By utilizing ABB’s power and propulsion expertise along with its focus on maritime software, the partnership will help Wuchang Ship Building Group manufacture highly efficient and technologically advanced vessels, ABB said.
Three New Ships for American Cruise Lines
U.S. cruise company American Cruise Lines said it is expanding its fleet with the addition of three new cruise ships now under construction Chesapeake Shipbuilding in Salisbury, Md. The first of the tree new vessels, American Constellation, will have capacity for 170 passengers and is scheduled to begin cruising in May of 2017. Construction is currently nine weeks ahead of schedule and the ship is…
US Coast Guard Hosts Subchapter M Forum
Marine Safety Unit Chicago and the U.S. Coast Guard Towing Vessel National Center of Expertise hosted an informational outreach forum Wednesday with towing vessel operators to explain the implementation of the new regulations for the inspection of towing vessels, Subchapter M. The meeting was held at the offices of Illinois Marine Towing in Lemont Wednesday morning with more than 80 industry representatives from the Great Lakes and the Mississippi River Basin attending.
MHI Seeks to Integrate Marine Diesel Engine Businesses
Mitsubishi Heavy Industries, Ltd. (MHI), its wholly owned subsidiary Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), and Kobe Diesel Co., Ltd.
US Navy Awards Repair Work to BAE Systems
BAE Systems today received a $36.7 million contract from the U.S. Navy for the repair and maintenance of the amphibious transport dock ship USS New Orleans (LPD 18). The New Orleans will be the first ship to be repaired in the company’s new drydock in San Diego. The contract includes options that, if exercised, would bring the cumulative value to $51.5 million. BAE Systems will begin work on the 684-foot-long ship in January 2017 and will perform structural and tank repairs…
Rolls-Royce Powers Chinese Fast Ferry
Rolls-Royce has signed a contract with Afai Southern Shipyard (Panyu Guangzhou) Ltd. to provide power and propulsion for a third Blue Sea Jet, fast ferry for the Zhuhai High-Speed Passenger Ferry Co., Ltd. The catamaran ferry, which will carry 288 passengers between Zhuhai and Hong Kong, will be driven by twin MTU 16V 4000M70 engines powering Rolls-Royce Kamewa S71-4 waterjets. The vessel is the company’s third in a series of Rolls-Royce powered catamarans to be commissioned…
US Forecaster Sees La Niña Likely to Persist in Coming Months
A U.S. government weather forecaster on Thursday said that La Niña conditions are present and slightly favored to persist into the Northern Hemisphere winter 2016-17.
National Response Corporation Acquires Boom-Tech
National Response Corporation has acquired Boom Technology, Inc. (Boom-Tech), of Gorham, Maine effective Monday, November 7, 2016. Boom-Tech has been a contractor to NRC for many years, providing support for a variety of environmental, industrial, and marine projects as well as large-scale responses as a member of NRC’s Independent Contractor Network (ICN). Boom-Tech was founded in 2001 by Jim and Paula Fox, collectively they have more than 75 years of experience in the environmental industry.
Shipping Recovery Faces Supply/Demand Challenges
The shipping industry faces a stormy road to recovery, with uneven supply/demand trends set to test the nerve of investors and operators, according to independent research and consultancy firm Maritime Strategies International (MSI). Addressing the Hansa Forum in Hamburg, Germany this week, MSI Senior Analyst James Frew warned that the industry will continue to face multiple challenges to a sustained recovery despite positive demand fundamentals.
EU Should Seize Momentum to Make IMO CO2 Roadmap Work
European Community Shipowners’ Associations (ECSA) facilitated a debriefing in the European Parliament this morning on the latest decisions of the International…
Foreign Navies Descend on Sydney
Six ships from four navies arrived at Garden Island, Sydney in early November, creating a buzz on the harbour. The visits came ahead of the Royal New Zealand International Naval Review…
Gadkari Calls for Implementing IT in Port Operations
The Minister of Shipping and Road Transport & Highways Nitin Gadkari has said that the efficiency of Indian ports has improved greatly over the last two years and…
Next Step for Ship Recycling in Bangladesh
International Maritime Organization (IMO)’s work to promote safe and environmentally sound ship recycling made further progress this week (6-8 November) in Dhaka…
Workshop Promotes IMO Liability and Compensation Regime
A national workshop on theInternational Maritime Organization (IMO) liability and compensation conventions is underway in Bangkok, Thailand (8 -11 November). The…
