Month: May 2009

CBO (Companhia Brasileira de Offshore) has purchased two further Rolls-Royceoffshore vessel design and equipment systems in a £13 million order. This latest contract, for two UT 715L construction/ROV vessels, follows a series…

Italy-based Siba Ships and Netherlands-based Seaarland Shipping Management have been named as the inaugural investors in a $300m Green Recycling Initiative (GRI) which aims to integrate the needs of shipowners to recycle…

Howe Robinson's research boss Paul Dowell was pulling no punches at a recent London conference when he warned of large-scale container and bulk carrier overcapacity for the next five years. Delegates at…

Korean shipyards topped a list of newbuilding cancellations, at 194 ships. Research from Norwegian classification society DNV estimated that more than 19.2m dwt on order at South Korea's yards would not be…

Classification society ABS has adopted new structural requirements for the evaluation of converted floating production, storage and offloading (FPSO) units. The criteria are contained in a revised version of the society?s ABS…

The future of the Hellenic Register of Shipping appears grim, after the EU?s official decision to implement a 17-month ban of the classification society. Under this decision, the Register won?t be able…

FBMA Marine (FBMA), the Aboitiz-owned shipbuilder based in Cebu, Philippines, has recently launched the ?Wight Ryder II? for UK operator Wightlink Ferries. The 40m single-deck passenger catamaran, which was launched on 30…

Chinese oil giant CNOOC has signed a contract with Wuchang Shipbuilding Industry Company for the construction of two UT788 CD deepwater AHTS vessels at a cost of $205 million. The vessels will…

Australia-based Incat-Crowther?s latest design for Lomprayah High Speed Ferries, Thailand, was launched at a naming ceremony held at the Sea Crest shipyard in Samut Prakarn Province, Bangkok. Like previous vessels for Lomprayah,…

Half of the offshore support vessel newbuildings slated for delivery in 2009 will fail to hit the water this year, ODS Petrodata says. A maximum 200 of the planned 393 anchor handlers…