Top News of the Week May 13-18, 2013

China: ABB Signs Service Agreement with CLSICO

ABB, the leading power and automation technology group, signed a long-term Preventive Service agreement with China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the next five years. The contract commenced January 1, 2013.

CMA CGM JULES VERNE Readies for Inauguration

The CMA CGM Group announced the arrival of CMA CGM JULES VERNE, the world’s largest containership, sailing under the French flag.

BIMCO’s Analyses Show Significant Turn for Shipyard Industry

The shipyard industry seemed to head straight for the output-abyss just 15 months ago. Today the transition from recent years’ record high shipyard output to a more sustainable level of output appears to soft-land with global shipyard output clearly slowing down. This BIMCO analysis compares data from December 2011 with data from March 2013, representing a remarkable turn for the shipyard industry.

HMS Queen Elizabeth’s Second Giant Piece Rolled Out

Another giant piece of the jigsaw that is the Navy’s future carrier, HMS Queen Elizabeth, is finished with her aft island rolled out of the construction shed. The second of two islands on the 65,000-tonne leviathan, the aft one will control flight deck operations by her F35 jets, Merlin helicopters and other aircraft.

The Netherlands: COSCO Shipping Europe Holds Official Opening Ceremony

COSCO Shipping Europe B.V. held its official opening ceremony in its Rotterdam offices at Strevelsweg 700 on Tuesday the 14th of May 2013.