Sembcorp Marine’s subsidiary Sembawang Shipyard has recently secured two major upgrading and repair contracts worth $82 million involving passenger vessels.
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Source: Motors...
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Nov 13, 2010
Sembawang secures Carnival contract
The wholly owned subsidiary of Sembcorp Marine, Sembawang Shipyard, has secured a long-term contract from Carnival Corporation to provide ship-repair, refurbishment and upgrading services for some of its cruise vessels.
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Source: Motors...
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Wilhelmsen Ships Service moves 11 tonne rudder across the world for Pacifica Shipping
Wilhelmsen Ships Service helped Pacifica Shipping, a New Zealand company, move a new eleven tonne rudder and stock literally across the world when one of their vessels had its rudder damaged.
Pacifica Shipping had to source the replacement equipment from The...
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Platform removal system undergoing tests
Heavy Decom International (HDI) plans to introduce a heavy lift decommissioning device to the UK sector.
The machine is designed for heavy decommissioning and dismantling, notably end-of-life platforms and associated structures which will be of interest to freight...
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Kenya Navy kills three suspected Somali pirates
Kenyan navy officers on patrol in the India Ocean shot dead three suspected Somali pirates who boarded their vessel after mistaking it for a merchant ship, a military spokesman said on Saturday.
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Source: Reut...
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Pirates hijack ship with 29 Chinese sailors - report
Pirates hijacked a Chinese ship carrying 29 sailors in the Arabian Sea and told the ship's owner that they were sailing the vessel to Somalia, state-run Xinhua News Agency reported on Saturday.
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Source: Reut...
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Ship in trouble in strong winds
A cargo ship is anchored off Shetland after running into engineering difficulties in rough sea, the Maritime and Coastguard Agency said.
The Antigone Z, a reefer ship carrying frozen fish to Lithuania, got into trouble in gale force north westerly winds close...
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Pirate Attacks On Cargo Freighters By Somali Pirates Continue
The spate of attacks on freight and passenger vessels alike continued this week with the seizure of the Panamanian flagged MV Hannibal ll in the Indian Ocean at a point between Salalah in Oman and Male in the Maldives.
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Source: Handy Shipping Gu...
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Indian Ports Container Volume Surges 12 Percent
Container throughput at major ports in India for the April-October period surged 12 percent over the same period last year, the Indian Ports Association said Thursday.
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Source: Journal of Comme...
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Container Shipping Lines (and Car Carriers) Prefer Green Paint
Almost every week we report on yet another attempt by the major ocean freight carriers to reduce fuel consumption and thereby lower CO2 emissions. Mitsui OSK are one of the companies who are never afraid to innovate in the name of improved performance (and a greener...
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Western Marine gets German vessel
Western Marine Services Ltd, a leading ship builder of the country, has purchased a German built bulk carrier, company sources said.
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Source: Financial Expr...
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MSC to Raise Trans-Pacific Rates, Other Charges
Mediterranean Shipping Co. will raise rates for container transport from Asia to the U.S. on Dec. 15, part of an overhaul of general rates and bunker surcharges the carrier is imposing across a range of trade lanes around the world.
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Source: The Journal...
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Tanker market looked in better shape in October says OPEC monthly survey
The dismal state of the tanker market during September was such that October mediocre performance was enough to stage a recovery for the market. According to the latest monthly report from OPEC covering October, total spot fixtures recovered 7.5% during October after the sharp decline in September with...
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Hanjin and China Shipping plan new vessel orders as world trade rebounds
Hanjin Shipping Co., South Korea’s largest shipping line, and China Shipping (Group) Co. said they were close to ordering new vessels as world trade rebounds from the global recession.
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Source: mb.com...
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Newbuilding orders cool off
As we approach towards the end of the year, shipowners in both dry and wet sectors of shipping industry begin to slow down the rate of their investments in terms of fleet growth.
After a year of pretty healthy levels of investment activity, it's clear to everyone that low prices and opportunities were...
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