Hovertrans builds heavylift hovercraft [Offshore]
Singapore's Hovertrans Solutions Pte. Ltd. is to build a 50 tonne payload hoverbarge for charter. Measuring 34 m x 17 m, the modular hoverbarge will have a hover height of 1.8 m. Hovertrans Solutions is a subsidiary of ST Marine and the hoverbarg...
2011-03-08 08:28:42
Incat designs 79ft catamaran [Shipping]
Incat Crowther announced the design of a 79-ft catamaran passenger ferry to be built by Baltic Workboats in Estonia. The vessel is a follow up to the Incat Crowther-designed 79-ft catamaran scientific research catamaran under construction at the ...
2011-03-08 08:24:55
Capesizes face scrapping binge [Shipping]
Up to 80 elderly capesize bulk carriers are expected to be sold for scrap in 2011. Low freight rates have owners preparing to scrap as many as 80 elderly capesizes, with a total of 20m dwt of bulk carriers expected to head for breakers’ yards in...
2011-03-08 08:20:16
Chinese scrap yards buy capes [Shipbuilding]
Chinese shipbreakers purchased large bulk carriers at strong rates last week. The demolition prices on offer from breakers in Alang have eased a little over the past fortnight, opening up more opportunities for increasingly aggressive bidding by y...
2011-03-08 08:12:45
China ups ship loan for Greek [Finance]
China is doubling its newbuild loan fund for Greek shipowners to $10bn. China agreed last October to set up a $5bn pot to help Greek owners buy Chinese-built vessels. Greek shipping minister Yannis Diamantidis said: "It is extremely positive that...
2011-03-08 07:21:45
Benelux offloads VLGC for scrap [Shipping]
Benelux Overseas of Greece has sold another of its very large gas carriers (VLGCs) for scrap. Brokers say the LPG owner offloaded the 75,680-dwt Bene Niki (built 1978) in a $10.1m demolition deal sealed with cash buyers. The vessel, which fet...
2011-03-08 07:17:10
Bangladesh shipbreaking resumes [General]
Bangladesh’s high court has lifted the ban on ship scrapping. The court said importing vessels for demolition will be allowed again, but with safeguards for ensuring the safety of workers and the environment. No ship can be recycled before all ...
2011-03-08 07:10:46
Rongsheng 400K 6M more delayed [Shipbuilding]
Delivery of the 12 very large ore carriers being built by Jiangsu Rongsheng Heavy Industry for Brazilian miner Vale have been significantly delayed. The Chinese shipyard is at least six months behind schedule to deliver the world’s largest 400,0...
2011-03-08 07:04:46
Keppel AmFels inks $195m rig [Offshore]
Keppel AmFELS LLC, has won a repeat order worth about $195 million from Mexico's Perforadora Central SA de CV to build a jack-up rig. The Brownsville, Texas, shipyard is a wholly-owned subsidiary of Keppel Offshore & Marine Ltd. Slated for deliver...
2011-03-08 06:45:42
CSIC pays attention to Wu Han city [General]
China Shipbuilding Industry Corporation (CSIC) is working at forming a shipbuilding complex for specialized ships and heavy equipment in the city of HuBei Wu Han in China. One insider from CSIC says that the shipbuilder will focus on new industrial p...
2011-03-07 21:56:09
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