Rousse seek new orders [General]
New owners of Bulgaria's Rousse Shipyard are planning to boost orders in Russia and other countries outside Europe. It is currently in talks with potential clients over the construction of new ships. It is also close to tying up repair contracts,...
2011-09-28 08:02:50
Standard grows in shipping [Finance]
The shipping portfolio of London’s Standard Chartered bank has grown to $3bn in five years. And its managing director of shipping finance, Nigel Anton, told Dow Jones that it is looking to continue its rapid expansion. The bank, which enter...
2011-09-28 07:59:42
Younger tankers scrapped [Shipping]
Younger tankers are sold for scrap amid continued difficulties in the freight market, Charles Weber says. Since the start of September five tankers averaging 23-years-of-age have been packed off to the breakers’ beaches, the shipbroker calculat...
2011-09-28 07:56:47
Aker wins subsea deal [Offshore]
Aker Solutions supplies a subsea umbilical for Det Norske’s Jette field in a deal worth about Nkr 60 million ($10.4 million). The deal will initially see it provide six kilometres of static electro-hydraulic stainless steel umbilical, with elec...
2011-09-28 07:53:10
1st VLCC for G-Type engine [Equipment]
Greek ship management company Almi Tankers S.A. is set to establish itself as a market front runner with the new ultra long stroke G-type engine tailor-made for Very Large Crude Carriers. Athens-based ship management company Almi Tankers S.A. will...
2011-09-28 07:48:20
China orders & backlog fall [General]
Orderbook of Chinese shipbuilders dropped more than 6 percent in the first seven months of this year due mainly to prolonged uncertainties in the global economy, an industry association said Tuesday. The China Association of the National Shipbuild...
2011-09-28 07:44:39
New orders remain slow [Shipbuilding]
Shipowners’ appetite for newbuilding is kept abated during the past couple of months. According to the latest weekly report from Clarksons, “whilst this week has seen some further reports of new business being concluded, it has for the most, c...
2011-09-28 07:36:20
Fincantieri design floating waste platform [Offshore]
On Sep. 26, at the Faculty of Economy of the University of Naples, Federico II, there was the presentation of "Plasmare", a project to construct sea-borne plant for the treatment of solid municipal waste. The project has been conceived and promot...
2011-09-28 07:28:40
STX wins cruiseship [Shipbuilding]
Korean-owned STX Finland Oy and Germany's TUI Cruises on Sep. 27 signed a contract for the design and construction of a 97,000 GT cruise vessel. The sophisticated and highly innovative cruise vessel is scheduled to be delivered in spring 2014. ...
2011-09-28 07:24:23
Otto resale hardgoing [Offshore]
Otto Marine’s attempts to sell the first in a series of four new anchor-handlers in the wake of a collapsed deal with Mosvold Supply have been stifled yet again. The Singaporean shipbuilding syndicate says a buyer, which penned a letter of inte...
2011-09-28 07:20:16
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