A senior manager at the Islamic Republic of Iran Shipping Lines has said that the country will need up to 500 ships over the next 15 years in order to maintain its regional position, reported Gulf News. The country will need up to 80 LNG ships in just the next few years to globally transport [&helli
The captains of foreign cargo ships will face detention by maritime law enforcement bodies if they are caught illegally dumping chemical waste in local waterways, maritime officials announced yesterday. In the past, captains of such ships would simply face a fine. Chen Aiping, director of the Shangh
After a tough leg that saw them destroy their headsail tack fitting, rip their mainsail, rip one wheel from the pedestal among many other serious problems, Brunel with Skipper Matt Humphries in charge crossed the finish like at Gilkicker point close to Portsmouth at 1016GMT and 32 seconds.
The battle lines are drawn. The protagonists are the mining companies which produce iron ore and the consumers, the steelmakers, in particular China. Iron ore is by far the largest bulk commodity shipped by sea. Australia and Brazil are the largest producers at about 22 million tonnes each per month
Malaysia-based shipping company MISC has just launched its largest container vessel, the 7920-TEU Bunga Seroja Satu, which has been placed on one of the line
VISAKHAPATNAM, Andhra Pradesh: Prime Minister Manmohan Singh yesterday said the port city of Visakhapatnam had the potential to become a special economic region and attract an investment of $10bn. Launching the Rs980mn urban development scheme under the Jawaharlal Nehru Urban Renewal Mission here, h
The Korea
The Port of Tanjung Pelepas (PTP) expects more new and larger container vessels of up to 12,000 twenty-foot equivalent units (TEUs) to call at the port when three of its super post panamax cranes being installed at Berth 8 commence operations on June 24. The new cranes costing RM82 million would ena
SINGAPORE : SembCorp Marine Ltd said on Monday it has bought 110.4 million shares in Cosco Corp at S$1.09 per share. It is buying Temasek Holdings’ entire equity in Cosco Corp for S$120.3 million. SembCorp Marine, the world’s number-two oil rig builder, will raise its stake in Cosco to 8.17 percent
NCL America’s Pride of Hawaiii, the largest and most luxurious U.S.-flagged cruise ship in history, was formally dedicated on May 20th in Los Angeles. U.S. Senator Daniel K. Inouye, Pride of Hawaii’s sponsor, said “the christening of Pride of Hawaii is the capstone of America’s return to the passeng
Dubai: India’s engineering conglomerate Larsen & Toubro, with its newly-floated shipbuilding venture, is keen to exploit the current growth of the industry in the Middle East. A.M. Naik, Chairman and Managing Director of L&T, said in an exclusive interview to Gulf News, “Dubai presents a good future
FOR THE NEXT four weeks, a US military hospital ship will be on a humanitarian mission in three war-torn provinces in Mindanao. The reputation of Jolo, Zamboanga and Tawi-Tawi for being prone to terrorist attacks from al-Qaeda-linked militants has not dampened the enthusiasm of the medical personnel
BUNGA Seroja Satu, the largest containership in Malaysia thus far, made its maiden voyage Thursday morning, charting a milestone for MISC Bhd in strengthening its position as one of the leading global players in the shipping logistics. The latest vessel, which joins MISC’s fleet as its 21st containe
Singapore’s Pan-United Marine Ltd, which builds cargo ships and vessels to support offshore oil exploration, said a sharp rise in new orders would deliver higher 2006 revenue growth than last year. With a shipyard each in Singapore and Indonesia, the company’s order book for new vessels has reached
