Shipbuilding
Ulstein Introduces X-STERN
Ulstein Group has introduces the X-STERN™, a design feature increasing operability through positive effects on station keeping, wave response, comfort and safety in harsh conditions. As described by Ulstein, an X-STERN™ vessel can stay on position in harsh weather with the stern towards waves, wind
Wärtsilä Taps Into LNG Popularity
With LNG becoming increasingly viable and popular as a marine fuel, Wärtsilä continues to develop technical solutions that facilitate this trend. The latest Wärtsilä developments in this field involve an upgraded version of the Wärtsilä LNGPac, a fully integrated fuel gas handling system, and improv
Wuchang Chooses Ulstein PSV Design
Ulstein Design & Solutions has entered into an extensive contract with Wuchang Shipbuilding Industry Co., Ltd, China, on the delivery of ship design & equipment to four PX121 type platform supply vessels. Ship owner is the Singapore based Otto Offshore Ltd., who will receive all vessels in 2016. The
Summer Lull Not Over Yet for Newbuilds
The summer lull that took over the newbuilding market is not over yet, as prices for new ships are forecast to continue to soften, according to London-based shipbroker Gibson. The dowturn has stricken the tanker product orderbook the strongest, as explained by Gibson, with Tsakos Energy’s order for
Wärtsilä to Unveil Latest Fuel-Saving System
Wärtsilä is planning to launch its new Low Loss Hybrid (LLH) innovation at the ONS 2014 exhibition being held in Stavanger, Norway from August 25 to 28. The Wärtsilä LLH utilises different power sources in combination with energy storage devices to operate the prime movers closest to their optimum p
Readers’ Picks of the Week (Aug 18 – 24, 2014)
Strike at Ningbo Port Turns Violent A massive strike by as many as 10,000 truck drivers at Ningbo’s Beilun Container Port erupted into violence on August 20, as protestors clashed with riot police and smashed the windshields…Read more Engine-Room Fire Disables Tanker, Kills One Crewman U.S. Coast Gu
Image of the Day: Last Piece of Giant Aircraft Carrier Awaits Shipment
The half-light of the pre-dawn in Portsmouth and the painstaking operation to move a giant segment of HMS Prince of Wales on to a waiting barge. Comprised of cabins and machinery space, Lower Block 02 forms the distinctive forward hull section of the second Queen Elizabeth Class aircraft carrier and
Can Brazilian Iron Ore Improve Freight Rates?
The freight market, which performed so well in Q1, has certainly not delivered in the past 4 months. BDI has dropped from 1,621 on 20 March to hit 747 on July 29. Panamax ships have not been above USD 10,000 per day since February20, and below USD 5,000 per day for most of June and […]
Avance Newbuilds Burning Again
Avance Gas Holding Ltd has been informed that there has been another fire incident involving cargo tank no. 3 on board hull 1074 under construction at Jiangnan Changxing Heavy Industry shipyard in China. No casualties or injuries have been reported, and the cause of the fire and its impact is curren
Nordana Returns to Taizhou Sanfu for More
Danish owner Nordana has ordered eight multi-purpose (MPP) heavy lift vessels from Taizhou Sanfu Ship Engineering. Designed by Shanghai Merchant Ship Design and Research Institute (SDARI), the vessels are expected to start joining Nordana’s fleet as of April 2015 through the second quarter of 2016.
Demand for Container Shipping Outstripping Supply
The demand side for container shipping continues to improve on a global scale. The winter weakness in the US and still-sluggish demand in Europe has been offset by continued strong demand on North-South trades in the Atlantic basin and improving conditions on the ever-strong intra-Asian trading lane
Readers’ Picks of the Week (Aug 11 – 15, 2014)
Lilly Johanne Capsizes in Turkey Lilly Johanne, a live fish carrier, capsized in Celiktrans shipyard in Tuzla, Turkey, on August 7, iLaks reports …Read more Poland Eyes Canal Construction to Evade Russian Waters Polish authorities have revived plans to build a canal in order to connect the Baltic Se
Early Moves towards Responsible Ship Recycling
German transportation company Hapag-Lloyd will no longer sell vessels to recycling yards that do not comply with strict environmental regulations and guidelines. The company said on Monday it will no longer sell its old ships on global markets, but will send its ships to specialized docks. With such
VIDEO: Quantum of the Seas Float Out
Construction of the first quantum-class ship is in full swing at the Meyer Werft shipyard’s outfitting quay in Papenburg , Germany, where the Quantum of the Seas is scheduled for completion by October 2014. Not only does the cruise ship feature the latest environmental technologies along with enhanc