All articles by cms admin

cms admin

Shipyards ride the crest of a new wave

An increase in new builds following the global recession has put the spotlight on shipyards and big build programmes. With this in mind, Rowan Watt-Pringle takes a closer look at shipyard tender and build processes.

APM to sign Moín container terminal concession in Costa Rica

Denmark’s AP Moller-Maersk subsidiary APM Terminals is planning to enter into a concession contract for its $992m Moín container terminal project in the Limón province in Costa Rica. Limon’s National port authority (Japdeva) and national concessions council CNC have approved the conces

DSME secures FSRU order from Excelerate Energy

Daewoo Shipbuilding & Marine Engineering (DSME) has received a $280m order from US-based Excelerate Energy to build a floating storage and regasification unit (FSRU). The FSRU is scheduled to be delivered by the first quarter of 2014. According to the reports, the vessel will

HHI develops world’s largest ice-breaking vessel

South Korea’s Hyundai Heavy Industry (HHI) has built the biggest commercial arctic ice-breaking vessel in the world. Hyundai said that the final performance test for the 190,000dwt icebreaking ore carrier were completed at the Institute for Ocean Technology in Canada. The ic

Cosco Pacific reports H1 profit rise

Cosco Pacific, a unit of shipping firm China Cosco Holdings, has reported net profit of $237m for the first half that ended 30 June 2011 – an increase of 24.8% compared with the $189.9m it reported during the corresponding period in 2010. For the first half of 2011 the company has repo

Remote operated vehicles offer shipshape maintenance

Remote-operated vehicles (ROVs) are increasingly taking over the inspection, repair and cleaning of ship hulls. Rowan Watt-Pringle reports on how improvements in technology are allowing ROVs to handle jobs traditionally undertaken by divers. Launches Major Transport Survey is launching a major global transport industry survey, and we’d like to hear your opinions on the most important sustainability issues for 2011-12. Upon completion, you will get instant access to the key findings of our Q1 2011 research, and also receive a premium CE

Wärtsilä Signs Two-Stroke Licensing Agreement with China’s GMD

Wärtsilä and CSSC Guangzhou Marine Diesel (GMD) have signed a licence agreement for the manufacture and sale of Wärtsilä two-stroke engines in China. The licence agreement covers the entire engine portfolio with a power range of between 4,300 and more than 80,000kW p

Bourbon Selects OSD to Design Seismic Support / Chase Vessels

French offshore firm Bourbon has selected Offshore Ship Designers (OSD) to design a series of six new fuel-efficient seismic support / chase vessels on order. The seismic vessels will include a fuel-efficient hybrid propulsion system that supports the vessels conditions such as transit

DP World Acquires Major Stakes in Two Suriname Ports

Marine terminal operator DP World has acquired controlling stakes in Integra Port Services (IPS) and Suriname Port Services (SPS), two ports based in Suriname on the north-east coast of South America. IPS controls rights for a cargo terminal in the capital Paramaribo’s Nieuwe Haven Port