Armed guards a necessity

Armed guards on board could significantly reduce attacks by Somali pirates, so shipowners must overcome their fear of using them, according to the main speakers at a seminar on maritime security in London yesterday. [Read More] Source: Ship...

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Carnival Magic Completes Sea Trials

The 130,000-ton Carnival Magic, Carnival Cruise Lines’ newest ship, is shown here conducting sea trials in the Adriatic Sea in preparation for its May 1 debut from Europe. [Read More] Source: Shippipe...

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Horn of Africa Piracy and Maritime Crime Update: Week of 17 Mar – 23 Mar 2011

Chemical tanker (LIQUID CRYSTAL) was boarded 21 Mar at 1202 UTC while underway in position 17:14N – 063:18E, approximately 525NM east of Salalah, Oman. The vessel was attacked by a white skiff with five armed men onboard, accompanied by a mother ship. The crew...

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Guam drydock, “Machinist”, successfully refloated

RESOLVE Marine Group has successfully raised and refloated the “Machinist” drydock at Guam Shipyard in Apra Harbor, Guam. The 825 ft drydock sank on January 2, 2011 during a rough weather event.   The salvage began on January 31 and successfully refloated...

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US Navy Thwarts Piracy Attempt (Photos)

American sailors and aviators assigned to the guided missile cruiser USS Leyte Gulf (CG 55) and aircraft carrier USS Enterprise (CVN 65) thwart a pirate attack on board the Phillipine-flagged bulk carrier Falcon Trader II. [Read More] Source: gCapt...

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Detyens awarded $7.3 million MSC contract

Detyens Shipyards, Inc., North Charleston, S.C., is being awarded a $7,325,687 firm-fixed-price contract for a 55-calendar-day regular overhaul of Military Sealift Command dry cargo/ammunition ship USNS Lewis and Clark. This regular overhaul will include drydocking...

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US OKs 6th deepwater drill permit since BP spill

Statoil (STL.OL) has been awarded the sixth new permit to drill in deep waters of the U.S. Gulf of Mexico since last year's oil spill, the U.S. Bureau of Ocean Energy said on Friday. [Read More] Source: Reut...

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BP Can Do More Tests on Deepwater Horizon Blowout Preventer, Court Rules

BP Plc (BP/) can conduct additional tests on the Deepwater Horizon drilling rig’s blowout prevention equipment now that government examiners have finished their own forensic testing, a judge ruled. “The additional BOP testing shall be performed in a manner that...

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The "Nedland" ran aground at Grønsund

The "Nedland" ran aground at Grønsund in the morning of Mar 24, 2011. The vessel has meanwhile been refloated and towed to the port of Korsør, where it will be surveyed for damage. [Read More] Source: Sea N...

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high level of radioation aboard the "Mol Presence"

Chinese boarder control detected a high level of radioation aboard the "Mol Presence" after the vessel reached Xiamen on Mar 22, 2011. [Read More] Source: Sea N...

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Hamburg Süd calling at ports in Japan

Immediately after the devastating results of the earthquake in Japan, Hamburg Süd set up a working group consisting of experts from various departments which is constantly monitoring the situation on the east coast of the Asian continent and can quickly and efficiently...

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Maersk, Hapag-Lloyd Cancel Calls at Japanese Ports Because of Earthquake

A.P. Moeller-Maersk A/S and Hapag- Lloyd AG have halted services to some Japanese ports because of the earthquake and nuclear radiation concerns. Maersk Line, owner of the world’s largest container fleet, has stopped taking orders for the ports of Sendai, Onahama...

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Japan seeks to ease radiation fears in shipping community

Japan's transport ministry on Friday sought to ease growing fears among global shipping lines on the safety and insurance issues of operating in Tokyo Bay, saying radiation at the country's largest ports were at "very safe" levels. [Read More] Source: Hellenic...

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Eagle Bulk Shipping Inc. Reaches Agreement With Korea Lines Corporation

Eagle Bulk Shipping Inc. announced Friday that it has reached a comprehensive agreement with the Receivers of Korea Line Corporation ("KLC") regarding twelve time-chartered vessels impacted by KLC's decision to file for protective receivership earlier this year....

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Container spot rates fall below the $1,000 per TEU-mark on fierce competition

In a new report, BIMCO reiterated that spot rates for shipping of shipping of containers out of Shanghai bound for Europe has now slipped below the USD 1,000 per TEU–mark for the first time since March 2009. Following yet another weekly drop in freight rates on...

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Wagenborg Receives MV Fraserborg

On March 25th, Shipyard Ferus Smit delivered her building-number 394 to Royal Wagenborg. The ship, trading under the name Fraserborg, is the fourth in a series of six ice-class 1A, nozzle equipped, 14.600 ton vessels the yard is building for Wagenborg. The...

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OGX encounters hydrocarbons in Brazilian well

Brazilian oil and gas firm OGX Petroleo e Gas Participacoes has discovered hydrocarbons in the Albian-Cenomanian section of the 3-OGX-35D-RJS well in the Campos basin offshore Brazil. [Read More] Source: Energy Business Rev...

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ConocoPhillips Secures Accomodation Rig for Eldifisk

ConocoPhillips Skandinavia AS has awarded Prosafe a two-month contract for use of the Safe Scandinavia for accommodation support at the Eldfisk Platform in the Norwegian sector of the North Sea. On site operations are planned to commence in May 2012. [Read More] Source: Offshore Energy To...

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Beluga gets visit from the police

An official spokesman for Beluga has confirmed that the German public prosecutor's office and police visited the company's Bremen HQ this week looking for evidence of possible fraud, but declined to comment on whether any evidence was either discovered or taken...

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Sungdong Shipbuilding says wins $550 mln order

South Korean small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd said it had won a combined $550 million worth of orders from unidentified European shippers. [Read More] Source: Reut...

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Brazil: Port of Santos to Get USD 679 Million for New Container Terminal

The Brazilian port of Santos is set to receive a total $679 million to develop a new container terminal to help address port congestion and to strengthen Brazil’s port sector. [Read More] Source: Dredging To...

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Sevan Marine to list drilling unit in April

Norwegian oilfield services company Sevan Marine (SEVAN.OL: Quote) is to float its drilling business next month to develop its activities in the fast-growing ultra-deepwater market, lifting its shares. [Read More] Source: Reuter...

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Aker Solutions Delivers 100th Subsea Tree to Statoils Troll Ofshore Field

Aker Solutions has reached a major milestone in delivering the 100th subsea tree to the world’s largest subsea field development – Statoil’s Troll. [Read More] Source: Offshore Energy To...

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Hyperdynamics Raising Money for Offshore Guinea Drilling Program

Hyperdynamics Corporation  today announced that it intends, subject to market and other conditions, to offer its shares of common stock pursuant to a shelf registration statement under the Securities Act of 1933, as amended. [Read More] Source: Offshore Energy...

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Chevron Gets Permit for Gulf Exploratory Drilling

U.S. regulators said Thursday Chevron Corp. has been approved to conduct new oil-and-gas exploratory drilling in the deep water Gulf of Mexico, the first authorization since a drilling ban was lifted in the area. [Read More] Source: Wall Street Jour...

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Pemex in jack-up push for Mexico

Bid documents for domestically-built rigs expected to emerge in next few months PEMEX is preparing a tender for two latest generation jack-up rigs to be built on Mexican soil running parallel to an unparalled push for more shallow water drilling units. Bid documents...

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ONGC in market for India platforms

Tenders out for five unmanned WHPs at WO 16 and Cluster 7 India’s Oil & Natural Gas ­Corporation (ONGC) has issued two tenders seeking contractors to build five unmanned ­wellhead platforms each for the WO 16 and Cluster 7 marginal field developments. The...

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Saipem hits front in race for Liwan

Husky’s South China Sea contract could prompt last-minute price war Italian offshore contractor Saipem is the front runner among shortlisted contenders looking to snag the subsea engineering, ­procurement, construction and installation contract for Husky Energy’s...

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K Line's plans revealed

Issue 49 of Seatrade Asia Week has hit subscribers’ inboxes packed with exclusive interviews and analysis. On the front we lead with an interview with the president and ceo of K Line who discusses his plans to diversify his fleet. Inside there is the latest knock...

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MPI Offshore takes delivery of MPI Adventure

MPI Offshore Limited (MPI) has taken delivery of MPI Adventure in Qidong, People's Republic of China. MPI Adventure is the first of two wind turbine installation vessels (WTIV) to be built at the Cosco Qidong Shipyard. The second vessel, MPI Discovery, is scheduled...

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Cosco inks $1bn intent for two Sevan Drilling units

Cosco Corporation (Singapore)'s subsidiary has on Thursday signed a letter of intent with Sevan Drilling in respect of turnkey contracts of two drilling units for approximately $525m each. [Read More] Source: Seatrade A...

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Tier 3 compliant two-stroke engine unveiled

MAN Diesel & Turbo has reported that a 6S46MC-C8 engine with integrated SCR has been successfully tested in Japan to the forthcoming IMO Tier 3 emission standards. [Read More] Source: Motors...

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Ships avoiding Tokyo port on radiation fears

German shipping companies are avoiding Tokyo Bay area ports due to radiation fears and Japan could face severe supply chain bottlenecks as vessels get diverted, ship industry officials said on Thursday. [Read More] Source: Reut...

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Dubai World to mull sale of DPW stake

Dubai World would consider selling some of its shareholding in DP World (DPW) if the planned listing of the ports group in London is successful, a DPW executive said yesterday. The news came as Dubai World announced it had completed a major part of its US$24.9...

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Maersk to open new gateway

Maersk Line, the world's largest carrier of shipping containers by volume, will open its third gateway in South China at Nansha port in Guangdong province, said Soren Karas, head of the company's South China cluster. [Read More] Source: China Da...

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Japanese Ports Reopen

All Japanese ports affected by the devastating earthquake and tsunami that hit the northeastern part of the country on March 11 have now reopened, according to the Ministry of Land, Infrastructure, Transport and Tourism. [Read More] Source: Journal of Comme...

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International laws may be part of maritime piracy problem

International piracy costs the shipping industry billions of dollars a year and leads to high-profile murders that make global headlines. Longstanding concerns over piracy have led to numerous international laws and conventions designed to keep pirates in check...

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Over-tonnaging fears see confidence dip again as shipping braces itself for finance costs rises

Overall confidence levels in the shipping industry dropped for the third successive quarter in the three months ending February 2011, to reach their lowest level for 15months, according to the latest survey by leading accountant and shipping adviser Moore Stephens. Overall...

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Tankers trying to find their footings in the aftermath of Japan’s disaster

Tanker owners are trying to figure out how to employ their vessels, with disruptions in normal crude and product trades now being the norm. On one hand there’s the recent devastation and nuclear crisis in Japan, which has severely affected a large portion of global...

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China's shipbuilding industry's output rise 22.1% in Jan-February

The gross output of China's shipbuilding industry was RMB 99.7 billion in the first two months of this year, up 22.1% compared with the same period of last year, according to statistics released by the China Shipbuilding Industry Association. [Read More] Source: China Knowle...

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Kitanihon's recovery plan

Japan’s Kitanihon Shipbuilding is planning to resume newbuilding production shortly, even though its facilities were badly damaged in the earthquake and tsunami that struck the country earlier this month. [Read More] Source: Asia...

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Aker Philadelphia Shipyard names Kristian Rokke new CEO

Kristian Rokke, son of Norwegian billionaire Kjell Inge Rokke, will take over as president and CEO of Aker Philadelphia Shipyard, effective April 5. [Read More] Source: Daily N...

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Daewoo to pen 20 18,000TEU's

S. Korea's Daewoo Shipbuilding & Marine Engineering is said to have ended new order talks for 20 optional ships of 18,000 TEU with Denmark's AP Moller-Maersk and to sign a final contract for the ships in June. [Read More] Source: Asia...

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Hyundai Heavy Launches Korean Aegis Destroyer

Hyundai Heavy Industries, the world’s biggest shipbuilder, today launched Korea’s third 7,600 ton class Aegis destroyer, the Ryu Sung-ryong. The launch ceremony was attended by Minister of Defense Mr. Kim Kwan-jin, Chief of Naval Operations Mr. Kim Sung-chan,...

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Succesfull launch Elbeborg

On Thursday March 24th, attended by a lot of people, m.v. Elbeborg (yard-number 842) was launched, without ceremony, at Koninklijke Niestern Sander, Delfzijl. This vessel, with regard to her measurements, is the largest built by KNS on the landside...

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Hanjin Shipping receives 10,000TEU class containership

Hanjin Shipping reported today that it received a 10,000TEU class containership. Named “Hanjin Netherlands”, this new vessel is the second of the series of five 10,000TEU class ships ordered at Samsung Heavy Industries. According to Hanjin Shipping, “Hanjin Netherlands”...

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South Korea builds world''s first ''smart ship''

South Korea has built the world's first "smart vessel" that can enhance operational efficiency and reduce management costs for shipping lines, the government said Thursday. [Read More] Source: IBN L...

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