Top Stories of the Week (Apr 29 – May 4, 2013)

May 5, 2013

Construction Begins on China’s Largest Container Ship

China Shipping Industry (Jiangsu) Co., Ltd., on April 28th, began construction on the 10,000TEU container ship whose ship owner is China Shipping Container Lines Co., Ltd. (CSCL).

The vessel, classed by GL and CCS, will be the largest and the most advanced 10,000TEU container …

CSCL Eyes Major Boxships Order

Chinese box liner China Shipping Container Lines (CSCL), according to a statement announced on the Shanghai Stock Exchange last weekend, is about to order five 18,000 TEU containerships from an unnamed South Korean shipyard.

Eimskip’s Newbuildings to Be 20% Cheaper

In 2011 Eimskip and the shipyard Rongcheng Shenfei in China made an agreement on building two container vessels. The vessels’ size is 875 TEU, each containing plugs for 230 reefer containers. Deadweight of the each vessel is approximately …

Ingalls Shipbuilding Nabs $487Mln Deal from USCG

Huntington Ingalls Industries (HII) announced on May 1 that the U.S. Coast Guard has awarded a $487 million, fixed-price-incentive-fee contract to its Ingalls Shipbuilding division to build the sixth National Security Cutter, Munro (WMSL 755).

IHC Merwede Launches Pipelay Vessel SEVEN WAVES

IHC Merwede has today successfully launched Subsea 7′s 550t pipelaying vessel, SEVEN WAVES, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was carried out by Mrs Lucia Andrade, the ship’s God Mother and Subsea 7 Brazil’s Vice President Projects & Operations.