Markets: Ship Recycling Market Remains on Firm Footing
Indian sub-continent markets remain positioned on a largely firm footing, as a surprising shortage of tonnage keeps demand stuck high and prices propped up.The conclusion of Eid holidays has yet to see an increase in supply, despite the fact that the ongoing monsoon / summer holiday months could also be contributing to the overall sluggishness in the supply of units intended for recycling.After this…
Tech File: Hydrex Completes Mobile Stern Tube Seal Replacement
Hydrex mobilized diver/technician teams to vessels in the Netherlands and Australia to carry out stern tube seal replacements. In Flushing the repair was carried out on a 200-meter car carrier, and in Port Burnie, Tasmania, on a 188-meter RoRo vessel.Both ships were leaking oil, making an on-site repair necessary. Using a Hydrex flexible mobdock they were able to carry out these operations on-site and underwater…
China Starts Production at 100,000 DWT Deepwater Semi-sub FPSO
China Classification Society (CCS) is reporting the successful surveying of the world’s first 100,000 DWT deep-water semi-submersible floating production storage and offloading installation (FPSO).Dubbed Shen Hai Yi Hao, the platform is formally commencing production after being installed at the Lingshui (LS) 17-2 gas field in the South China Sea following an announcement by Wang Dongjin, the chairman…
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