Industry cancels orders worth Rs 3,750 crore for new ship
NEW DELHI: India’s shipbuilding industry may suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as a slump
in international trade in the wake of the global economic crisis has taken a toll on the sector, industry experts say. Orders for about 35 ships that were to be built [...]
Shipping firms face unhappy new year
cargo
As 2008 draws to a sorry close, the boom momentum that the shipping industry was enjoying at the start of the year is now a distant memory with demand falling in direct proportion to the economic slowdown.
Charter rates continue to plummet with the scenario of idle tonnage becoming a certainty for the near future, especially [...]
Robot offers greener hull cleaning service
European engineers and researchers have developed a robot that is able to remove marine growth from a hip’s hull.
This will help reduce vessel drag, fuel consumption and greenhouse gases (GHG), according to company eports.
HISMAR, the Hull Identification System for Marine Autonomous Robotics, was developed under European Union funds and will be unveiled at the Shipbuilding, [...]
Seaspan takes delivery of new containership.
Seaspan Corporation (NYSE:SSW) announced that it has accepted delivery of its 31st vessel, the CSCL Sao Paulo. The 2500 TEU newbuilding, which was constructed by Jiangsu Yangzijiang Shipbuilding Co., Ltd., is the second of its size in Seaspan’s fleet. The CSCL Sao Paulo was delivered August 7, 2008, approximately sixteen weeks ahead of the original [...]
IMO agrees improved shipbuilding standards
International Maritime Organisation (IMO) has approved of improved shipbuilding standards aimed at passenger and cargoships.
The new construction rules, designed to increase a vessel’s chance of surviving an accident, were agreed at the IMO’s committee on stability and load lines headed by the Australian Maritime Safety Authority (Amsa).
They will come into force following final approval in [...]
