During April, 2013 new build prices for capesize, kamsarmax and ultramax vessels rose higher than in the previous month. Purchase prices for ships are often good indicators of financial health in the shipping industry. When shipping demand is expected to grow more than the supply of ships…
18 crew members of the ship were rescued shortly before their vessel sank in the Yangtze River after hitting a bridge pier.Damage was visible on a pier of the Nanjing Yangtze River Bridge in Nanjing, capital of east China's Jiangsu Province after the cargo vessel…
Two new Rule-sets approved at the first Offshore Technical Committee (OTC) held at LR's Global Technology Centre in Singapore.Lloyd's Register say that these two new rule-sets will be made public later this month (May 2013). The Floating Offshore…
Hull modules for the huge container ships are being built in Shandong and delivered by barge to South Korea' Daewoo Shipbuiding yard.Twenty of the ships, which can each carry 18,270 20-foot containers and at 399.25 metres long, are being built…
The Club advises of US PSC detentions of vessels where water mist systems have been found disabled or otherwise left in an inoperable condition.The detentions follow inspections by Port State Control (PSC) where the system water supply valve has been found in the “closed” position…
Through-life engineering support contract for the Royal Navy’s ocean survey vessel 'HMS Scott' awarded to Babcock, initially for 5 years.Under the contract, which includes an option to extend in 2018 for a further five years, Babcock will provide all aspects of through-life support for the vessel…
The 2013 Marine Navigation Act introduces important changes to current legislation.The most important single change is the introduction of the ability of harbour authorities to take on harbour direction powers. This will allow harbours, in consultation with users…
The latest batch of orders for Deltamarin's B.Delta design bulk carriers comes from international shipowners, all to be built in China.The B.Delta43 order by the German ship owner HBC Hamburg Bulk Carriers at CSC Qingshan Shipyard and the B…
Port Metro Vancouver joins the 2012 “Green 30” list of Canadian organizations whose employees are most positive about environmental stewardship. The list, compiled by Aon Hewitt, is based on employee opinion data collected as part of the annual…
COSCO (Zhoushan) Shipyard contracted by Malaysian owners to build a floatover launch barge for the offshore construction industry.The contract has a value of over US$ 23-million.The floatover launch barge will measure 10.00 meters high, 46 meters wide…
U.S. Coast Guard Commandant Adm. Bob Papp and Master Chief Petty Officer of the Coast Guard Michael P. Leavitt meritoriously advanced the 2012 Coast Guard Enlisted Person of the Year and 2012 Reserve Enlisted Person of the Year to chief petty…
The July / August 2013 edition of Marine Technology Reporter will once again feature the MTR100, profiles of 100 leading companies in the global subsea sector. This editorial feature is free, but you must apply to be considered.Deadline for the MTR100 2013 is MAY 31…
Experts from the offshore energy industry around the world came together May 6-9 for the 2013 Offshore Technology Conference at Reliant Park in Houston. Attendance at the conference reached a 30-year high of 104,800, the second highest in show history and up 17% from last year…
Recent amendments to Annex V of the International Convention for the Prevention of Pollution from Ships (MARPOL) have created a tougher regime for shippers and crews over discharges into the sea. The U.K. P&I Club received numerous enquiries…
Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field.The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option…