Shipping

  • New DAMEN Yacht Support GAME CHANGER launched

    Dutch shipbuilder DAMEN has launched GAME CHANGER, its latest 70-metre DAMEN Yacht Support vessel (227 ft) with helicopter hangar. Available in time for the 2017 summer season, GAME CHANGER is a fantastic showcase of the Yacht Support solution for owners who want to have more fun off the beaten track, but with a significantly lower Total Cost of Ownership.

  • First collaboration for Sydney City Marine and...

    Sydney City Marine has completed its first maintenance docking of a Damen vessel since the signing of a Memorandum of Understanding (MOU) with Damen Shipyards Group last year. The works signify the successful cooperation between Damen Services in the Netherlands, the Damen Service Hub in Brisbane and Sydney City Marine.

  • World’s largest container ship docks at Vietnam’s...

    Margrethe Maersk container ship with the deadweight of 194,000 tons and capacity of 18,300 TEU docked at Cai Mep International Terminal (CMIT) on February 20th, making it the first seaport in Vietnam and the nineteenth in the world able to accommodate the world’s largest Maersk Triple E class container ship.

  • First cargo ship from India arrives in Bangladesh

    The first container ship from India has arrived in Bangladesh’s Panagon river port here under the Coastal Shipping Agreement signed in 2015, allowing direct cargo vessel movement between the two countries. The ship, ‘Shonartori Nou Kalyan-1’ reached the Pangaon Inland Container Terminal at Keraniganj yesterday with 65 containers on board, bdnews24.com reported.

  • Shipping industry calls for exemption from EU...

    The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted on Wednesday to reform the bloc's carbon market, saying it risks distorting trade and international efforts to cut the sector's emissions.

  • Shipping container specialist Cargostore to open...

    The London-based company operates a fleet of ISO and DNV 2.7-1 containers and related equipment for sale, re-sale and lease directly and via its subsidiaries and partners throughout the UK, Europe, North America, Africa, South East Asia and the Middle East.

  • Damen books its last new build for 2016 on 31st...

    Even though the journey time each way for the ferry will be little more than five minutes, the complex route and the minimal room for manoeuvre in the busy waterway means that she will be fitted with twin Voith Schneider propellers (cycloidal drives) to give her the agility required for safe and timely passages.

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Net profit of Cosco Shipping Ports decreased by 43% in 2017

The net profit of Cosco Shipping Ports decreased by 43% in 2017 and amounted to 247 million USD. Despite of the sharply decreasing net profit, the revenues of the port operator rose by 1.1% to 556.4 million USD. the terminal business of the group suffered from the slowed growth of the world economy and the port industry, as well as the reduction in China’s foreign trade. Cosco Shipping Ports reported that profitability for gross profit decreased by 0.4%, to 35.8% due to increased costs.

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Damen Shiprepair & Conversion completes series of works on Jan de Nul Group vessels

Damen Shiprepair & Conversion (DSC) has recently completed works in Vlissingen and Brest on two major vessels in the fleet of dredging and marine construction specialist Jan de Nul Group. One of these is the Vole au vent, a 140-metre jack-up vessel built specifically for the installation of the latest generation of offshore wind turbines. The other is the trailing suction hopper dredger Leiv Eiriksson. Both vessels are among the largest in their classes, anywhere in the world.

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Portable Dynamic Positioning System: Opportunity for Short-Term Projects

Increased activity in offshore construction & maintenance and both pipe and cable lay has led to the need for vessels with true dynamic positioning (DP) capability. This need is the product of both increased activity in shallow and deep offshore waters and the infrastructure congestion of mature undersea fields. Conventional mooring systems utilizing anchors and anchor handling vessels are not practical in shallow congested fields due to the danger of dragging across pipelines and cable. In deeper waters, the weight and difficulty of handling the necessary scope and rope renders the traditional four-point moor less cost effective and impractical. Vessels with true DP capability are more attractive for these projects.

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DAMEN SCHELDE NAVAL SHIPBUILDING DELIVERS FIRST SIGMA 10514 PKR FRIGATE TO INDONESIAN MINISTRY OF DEFENCE

Damen Schelde Naval Shipbuilding has handed over the first SIGMA 10514 Perusak Kawal Rudal (PKR) frigates to the Indonesian Ministry of Defence, on schedule and on budget. The ceremony took place at the PT PAL shipyard in Surabaya where the vessel was assembled. The Indonesian Ministry of Defence awarded the contract to Damen as main contractor for the construction of the first SIGMA 10514 PKR in December 2012. On receiving the ship, named the Raden Eddy Martadinata after one of the founders of the Indonesian Navy, the Ministry handed it on to the Navy.

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Nakilat Assumes Management of LNG Mesaimeer

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has assumed full ship management and operations of the Q-Flex LNG carrier Mesaimeer from Shell Trading and Shipping Company Ltd. (STASCo).

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Greece Receives Three Bids for Thessaloniki Port

Greece has received three bids for the acquisition of the 67 percent stake in the Thessaloniki Port Authority, the second largest port in the country, the Greek privatizations agency, Hellenic Republic Asset Development Fund, informed.

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