Search results for: time

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  • 13 November 2015

    Asia’s ports of Busan, Hong Kong and Ningbo have kept their lead in boxship turnaround efficiency as they required shorter waiting times at anchorages as compared to the rest of top 10 container ports from around the world for October, the latest analysis from IHS Maritime&Trade shows. The analysis was based on a review of […]

  • 20 July 2016
    Business & Finance, Environment, Research & Development

    The consortia that delivered the Turbulence in Marine Enviornments (TiME) project will now offer a turbulence measurement and assessment service to the tidal power sector.

  • 11 August 2006

    CHENNAI: A rig used in offshore hydrocarbon exploration and to be deployed in the sea between Cuddalore and Nagapattinam has come to the Chennai port. The massive equipment, shipped from the U.S. by Aban Offshore, had to be brought to Chennai port’s outer harbour following the sea’s turbulent condition. On Friday, senior officials of the […]

  • 30 July 2012

    According to the statistics published by the Japan Ship Exporters’ Association, Japanese export ship market is facing rough times as the European debt crisis is taking a greater grasp on ship-owners, causing the reduction in demand for new vessels. Japan, which is competing shoulder to shoulder with its South Korean and Chinese rivals, has recorded […]

  • 18 October 2017
    Business & Finance

    Chinese New Times Shipbuilding has been tied to an order for up to four bulkers, according to the latest report from Intermodal Research and Valuations. The deal is said to be in a  letter of intent (LoI) stage. The order reportedly includes two firm 280,000 DWT ships and options for two more newbuildings. The duo, if confirmed, is […]

  • 1 June 2017
    Business & Finance

    Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude oil and product tankers which will be built in Korea and China.  According to Trafigura, the order, with a potential value in excess of USD 1.35 billion, is being placed by “a close Asian financial partner”, the identity of […]

  • 20 November 2015
    Business & Finance

    The current wait time for ships transiting the Panama Canal is four days or less, a 60% cut compared to its peak caused by an unseasonably high demand, The Panama Canal Authority reports. According to the authority, the number of ships awaiting transit has also been decreased by 40 percent. In order to accommodate unseasonably high […]

  • 5 June 2007

    For Luna Rossa Challenge, the time to win is today. The Italian challenger begins the day down 3-0 to Emirates Team New Zealand in the Louis Vuitton Cup Final and can’t afford another loss.

  • 31 December 2006

    The scene was in a centuries-old, typically English pub that, to this day, nestles right on the waterfront in Old Portsmouth in the UK. It was 1971, and among the crowd enjoying the warm ambiance of the heavily timbered, smoke-filled bar were Colonel Bill Whitbread, of the famous brewing family, and Admiral Otto Steiner, of […]

  • 9 February 2006

    The short, 1,450 mile, course may seem like an easy sprint compared to the 6,000+ mile legs already completed; however, the warmer waters of Leg 3 still have plenty of challenges to keep the competition hot and the sailors on their toes.

  • 30 April 2020

    Norwegian shipowner 2020 Bulkers has pushed the delivery dates for the last two of its scrubber-fitted newbuilding bulkers for the first half of June 2020. The two 208,000 dwt Newcastlemaxes are being built at New Times Shipyard in China and form part of a batch of a total of eight units built at the same yard […]

  • 22 July 2019
    Business & Finance

    The delivery of five of the company’s new vessels had been advanced by a total of eight months.

  • 18 October 2013
    Business & Finance

    Some 44% of the world ship shape FPSO fleet have hulls that are above 30 years of age. All of these are conversions from Oil Tankers that had an initial design life of 25 years. Continued operation of these vessels will bring increasing challenges to maintain hull integrity as fatigue life and corrosion margins becomes […]

  • 1 December 2015
    Business & Finance

    The bottleneck in the Panama Canal has been cleared on the back of better weather conditions and resources spent on efforts to free up the traffic, the Panama Canal Authority (ACP) said on Monday. “The waiting times for ships have been restored to normal levels. The line is 45 ships, which represents a maximum waiting time […]

  • 29 January 2018
    Business & Finance

    2020 Bulkers exercises the option for construction of four more Newcastlemaxes at New Times Shipbuilding.

  • 3 April 2018
    Business & Finance

    Smooth launching of Frontline’s Aframax pair at New Times Shipbuilding.

  • 14 May 2006

    Four cold, wet, and tiring days into leg seven, and the fleet have covered not much more than 1,000 miles, mostly to weather. With light winds expected, and continued upwind conditions, the strategy debate between a northerly route and a more easterly course is likely as lively as ever in the nav stations across the […]

  • 27 April 2006

    Sometimes timing can be everything. Forecasts up and down the eastern seaboard of the United States are warning of near gale force winds and huge seas developing over the weekend as a late season nor

  • 26 December 2007

    Spirit of Koomooloo, the yacht currently leading the Rolex Sydney Hobart Yacht Race on corrected time, this morning took time out to pay its respects to the sunken yacht that gave rise to its name. The original Koomooloo, which won the 1968 Sydney Hobart overall, sank off the NSW coast in last year’s Rolex Sydney […]

  • 2 February 2011

    With the world’s fossil fuels depleted and subject to enormous price fluctuations because of geo-political factors, it makes evident sense… [mappress] Source: Belfast Telegraph, February 2, 2011

  • 28 February 2006

    You could almost forgive ABN AMRO ONE skipper Mike Sanderson for ordering the champagne to be put on ice as the black boat

  • 2 June 2010
    Authorities & Government, Business & Finance

    The prospects of offshore wind power in northern Europe depend on two key factors: the ability of industry to reduce costs significantly and… [mappress] Source: europeanenergyreview, June 01, 2010;