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Marine Engineering Bureau

advertisers of
"Maritime Market" - 2010

Companies news
July 29, 2010

MARITIME MARKET - Promotion in Russia

New issue of "Maritime Market" # 3 (33), Sep. 2010 is preparing. Advertisement orders are accepted until Aug. 21, 2010.
LINK Publishing - t/f: +48 91 4623414, info@maritime.com.pl


Subsea 7 Chooses BlueView for New AIV Acoustic Imaging Systems

SEATTLE, July 29, 2010 - Subsea 7, one of the world's leading subsea engineering and construction companies has chosen BlueView Technologies to provide an acoustic imaging system for its new line of Autonomous Inspection Vehicles (AIVs). Under this agreement, BlueView will deliver both forward looking navigation and tracking sonar as well as ultra-high resolution MicroBathymetry sonar for three dimensional tracking and mapping of pipelines.


New AVEVA Plant Supports Microsoft Windows 7 and Delivers Performance and Functional Enhancements

July 29, 2010 - AVEVA, one of the world's leading providers of engineering design and information management solutions for the plant, power and marine industries, today announced the latest release of AVEVA Plant. AVEVA's new 12.0.SP6 release contains a number of new features and performance enhancements, in addition to being one of the first professional engineering design and visualisation software products to support the Microsoft Windows 7 operating system.


PD Ports welcomes expansion by JDR Cable Systems to expand at Hartlepool dock

Jul 29, 2010 - PD Ports has welcomed the decision by a major supplier to the offshore energy sector to more than double its facility at Hartlepool dock. This news comes as JDR Cable Systems is backed by UK Government funding to help continue its groundbreaking work in wind farm development.
JDR Cable Systems, a leading provider of subsea power cables, umbilical systems and marine cables for the energy sector, has signed a deal to expand its current 100,000 sq ft facility at Hartlepool, opened only last July, by a further 116,000 sq ft to meet demand.


One week to go to ITF world congress in Mexico City

The world congress of the ITF begins next week in Mexico City
Running from 5 to 12 August, the congress - the 42nd in the ITF's 114 year history - will be its largest ever and the first to be held in Latin America. Some 1376 participants from 368 trade unions in 112 countries are expected to attend the event, which sets the agenda for the global organisation for the next four years and elects its president, vice-presidents, general secretary and executive board.
Two important new meetings will be held before the congress begins. These are a one day young transport workers' conference on 3 August and a climate change and transport conference on 4 August.


The opening ceremony of design bureau "ZNT Engineering" took place on the 28th of July 2010 in Nizhniy Novgorod

"ZNT Engineering" is a company specialized in design of vessels for auxiliary, technical and fishing fleet, design of patrol boats and special-purpose vessels.
"ZNT Engineering" unites design engineers, who have a significant experience in development of project documentation for vessels of various applications. At the same time it is to be noted that the staff in "ZNT Engineering" is quite young. The average age of employees is 31 year.


Nord Stream’s First String Pulled Ashore in Portovaya Bay

July 28, 2010 - Nord Stream construction at the Russian landfall has reached an important milestone: the first of the two pipelines surfaced from the sea onto the Russian shore. The pipeline string was pulled ashore from the pipelay vessel Castoro Sei, moored approximately one kilometre away from the shoreline. The second string will be pulled ashore in a week's time.



Turbocharger cut-out retrofit solution attracts massive interest

Reducing fuel oil consumption with retrofit
July 28, 2010 - In the last six months, the turbocharger cut-out solution has attracted great interest from shipowners and managers as the solution has proven its worth during tests and installations.
As a response to the needs of the shipping market for a more flexible utilization of both full and part load operation, the turbocharger cut-out solution has been developed at MAN Diesel & Turbo. Optimal fuel consumption is now possible at both full and part load.


Rolls-Royce Group plc 2010 half-yearly results

Sir John Rose, Chief Executive, said: "Rolls-Royce delivered a robust performance despite the continuing uncertainty in the global economy. We continue to make progress with our development programmes and new facility construction; these investments are designed to underpin the growth embedded in our order book and achieve productivity improvements.
We now expect underlying profit for the full-year to be modestly higher than 2009, mainly due to good cost control and a strong trading performance from our Marine business. We expect a modest cash inflow for the year and average net cash balances to remain at a similar level to the first-half. We are increasing the first-half payment to shareholders by 6.7 per cent".


NewLead Holdings Ltd. Completes $147 million Acquisition of Five Vessels

PIRAEUS, Greece, July 28, 2010 - NewLead Holdings Ltd. today announced the successful completion of the dropdown of five dry bulk vessels, including two newbuildings with long-term quality time charters attached and the right of first refusal for three additional newbuildings from Grandunion Inc..
Total consideration for the dropdown of the five vessels is approximately $147.0 million, which includes approximately $93.0 million in assumed bank debt and other liabilities. The balance will be payments towards the newbuilding installments and will be financed with committed bank and shipyard credit facilities as well as cash from balance sheet. As a result of this transaction, NewLead's fleet, including newbuildings, consists of 24 vessels - nine product tankers and 15 dry bulk carriers.


Noble Corporation Closes Acquisition of Frontier Drilling

ZUG, Switzerland, July 28, 2010 - Noble Corporation today announced that it has closed its acquisition of FDR Holdings Limited ("Frontier"). The acquisition of Frontier, formerly an independent drilling company, and previously announced agreements with Shell increase Noble's drilling fleet size to 69 from 62 units, with the addition of three dynamically positioned drillships (including two Bully-class joint venture-owned ultra-deepwater rigs under construction), two conventionally moored drillships, including one which is Arctic-class, and a conventionally moored deepwater semisubmersible drilling rig. Additionally, as a result of this acquisition, Noble will own and operate a dynamically positioned floating production, storage, offloading vessel (FPSO).


Global Internet service for Shipyards and Shipowners
July 28, 2010

VeriTainer Receives Notice of Granted Patent on Fundamental Crane-Mounted Scanning in Indonesia

FREMONT, Calif., July 28, 2010 - Silicon Valley- based VeriTainer Corporation, the world leader in crane-mounted maritime security solutions, has received notice of granted patent from the Indonesian Directorate General of Intellectual Property Rights for the fundamental crane-mounted scanning patent for Indonesia.
As an island nation, Indonesia relies heavily on maritime trade for economic stability, making it an influential entity in the maritime industry. This patent adds to an already impressive list of international patents obtained by VeriTainer, positioning the company as a dominating force in maritime nuclear detection technology.


Keppel secures bonus for safe delivery of Greatship’s third multi-purpose vessel

July 28, 2010 - Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), has delivered its third multi-purpose platform supply & support vessel (MPSSV) to Greatship Global Offshore Services Pte. Ltd (Greatship) with a perfect safety record, meriting a bonus of US$10,000.



UK shipping companies could benefit from new double taxation treaty passport scheme

July 28, 2010 - Leading accountant and shipping industry adviser Moore Stephens says UK-based companies in the shipping sector which negotiate loans with overseas corporate lenders could benefit from a new Double Taxation Treaty Passport (DTTP) scheme recently introduced by the UK government.


Austal Expands Middle East Service Presence

July 28, 2010 - Austal announces the expansion of its vessel support and maintenance presence in the Middle East following the award of a technical services contract with Saudi Arabian ferry operator The Maritime Company for Navigation (MACNA).
The contract award follows the recent opening of Austal service hubs in Egypt and Oman, and a new regional headquarters in the United Arab Emirates (Dubai). Under the contract, Austal will provide rapid response to technical issues related to three large Austal vehicle ferries, including spare parts supply, for a period of up to five years.



Industry news
July 29, 2010

Greek, Chinese Dominate Box Ship Purchases

German and Japanese owners most active sellers
July 28, 2010 - Greek and Chinese ship-owners are the most active buyers of second-hand container vessels as the crisis in container shipping attracts non-traditional operators to the sector, according to Alphaliner, a Paris-based consultancy. These owners accounted for 35 percent of the ships and 50 percent of the capacity that have changed hands over the past 18 months.
German and Japanese owners were the most active sellers involved in 45 percent of the ships and 50 percent of capacity disposed during the period. Greek owners bought 56 containerships with a capacity of 173,000 TEUs since January 2009 and Chinese owners acquired 33 vessels of 63,000 TEUs during the period. German owners sold 73 ships of 128,000 TEUs while Japanese operators disposed of 40 vessels of 110,000 TEUs since January 2009.


The EU position on energy cooperation in the Black Sea region

Günther H. Oettinger, the EU Commissioner for Energy in his speech at the International Odessa Forum (27.07.2010) underlined the importance of closer energy cooperation in the Black Sea region for the EU and the participating states. He stressed the EU strategic importance of efficient energy supply through regional pipelines.


Crewing - work at sea
July 28, 2010

Global energy industry remains buoyant

EIC quarterly report tracking new projects in the global energy industry shows a mixed bag of results with power and renewables leading the way although some slow down in the oil & gas sectors
London, July 27, 2010: The global energy industry remains focused with encouraging levels of new projects emerging according to EIC Monitor, a quarterly report from the EIC, the leading trade association for UK companies that supply capital goods and services to the energy industries worldwide. EIC monitor reports newly announced projects across the global energy supply chain.


Chinese shipbuilding marches out of GFC

July 28, 2010 - China State Shipbuilding Corporation has won orders up to 2012 representing 40 million DWT, which is a vast improvement on 2009 figures, says company executive Cao Yousheng in reports from Bloomberg.
This has been attributed to the global economic recovery and an increase in shipping business, which has also been reflected in the doubling of Chinese shipyards' production at the beginning of this year.


U.S., Canada to send Arctic mission to support shelf claim

July 27, 2010 - The United States and Canada will conduct a joint Arctic mission this summer to prove their right for the extended continental shelf and Arctic seafloor, the U.S. Department of State has said.
The mission will continue the U.S.-Canada collaboration begun in 2008, which saves "millions of dollars" for both countries and increases scientific and diplomatic cooperation on the Arctic issue, the department said in a statement.


Daewoo Shipbuilding wins 310 bln won order to build car ferry

SEOUL, Jul 28, 2010 - Daewoo Shipbuilding & Marine Engineering Co., South Korea's No. 2 shipbuilder, said Wednesday that it has won a 310 billion won (US$262 million) order to build a car ferry for a Tunisian firm.
Under the deal with Tunisia's state-run Compagnie Tunisienne de Navigation, Daewoo Shipbuilding will deliver the vessel by the first half of 2012, it said.
With the deal, Daewoo Shipbuilding now has won orders valued at over $5 billion so far this year. The shipbuilder aims at reaching $10 billion for the year.


Kotra signs Brazil shipbuilding deal

July 27, 2010 - The Korea Trade-Investment Promotion Agency (Kotra) announced yesterday the signing of a memorandum of understanding with Brazil's Transpetro, the largest shipbuilder in Latin America, to forge cooperation in the shipbuilding sector.


Under the MOU, Korea will provide advanced shipbuilding equipment to Transpetro, which will offer its services to help Korean companies to enter the Brazilian shipbuilding market.


Statoil getting ready for more drilling in Barents Sea

July 27, 2010 - Norwegian oil major Statoil has got permission for drilling at the Skrugard field in the Barents Sea. Together with ENI, the company now also seeks permission for drilling at the Lunde field, located closer to land in the area.


July 27, 2010

China's LNG Demand Forecast for 2020 Raised by 48%, Wood Mackenzie Says

July 26, 2010 - China's demand for liquefied natural gas may increase 48 percent in 2020 from an earlier forecast as the cleaner-burning fuel displaces oil, Wood Mackenzie Consultants Ltd. said.
LNG consumption in 2020 may reach 46 million metric tons a year from a previous estimate of 31 million from end-2009, the Edinburgh-based energy consultants said in a report titled "Race for Supply - The Future of China's Gas Market."


Shipping Bottoming as China Steel Price Rebound Lifts Iron Ore

July 26, 2010 - The smallest profits in the commodity shipping market in 18 months may be ending as a rebound in steel and iron-ore prices signal improving Chinese demand that will ease the transport glut.


Russian shipper FESCO sells stake in National Container Company for $900 mln

July 26, 2010 - Far Eastern Shipping Co (FESCO), Russia's top container shipping firm, has sold its 50 percent stake in the National Container Company (NCC) to an unnamed investor for $900 million, Fesco and First Quantum oil trader, which owns half of NCC, said on Monday.


Invest in the super heavy lift market

Beluga Shipping GmbH, the global market leader in the project & heavy lift shipping segment, announce plans to make further investments in the super heavy lift market, extend its existing business segments, and improve its overall service offering.
Initially, additional growth is expected in the offshore wind farm sector. Later on, the offshore market is expected to become Beluga's second main pillar alongside the attractive niche market of project and heavy lift cargo shipping: the company's core focus since it was founded in 1995.


July 26, 2010

Box ships join global fleet

July 26, 2010 - At a time when many experts are not convinced that container shipping is really out of the woods,container capacity is being added to the world fleet. According to Paris-based Alphaliner, a record 200,000 TEU will be added in July, after 747,000 TEUs were delivered in the first half.
Total new capacity deliveries in the first seven months of 2010 will hit around 950,000 TEUs or 7.3 per cent of the global fleet. It is estimated that 1.45 million TEUs will be delivered during 2010.


Shtokman delay freezes construction of new shipyard in North-West Russia

July 23, 2010 - Vyborg Shipyard stops plans for construction of a new shipyard in Primorsk, General Director Valery Levchenko said yesterday. The new shipyard was to specialize in construction of LNG tankers from Russian offshore fields, first of all from Shtokman.
In 2008 Gazprom promised Vyborg Shipyard plant to order construction of two LNG carriers with an estimated cost of 300 million USD each and two more tankers on a longer perspective. These plans inspired the owners of the yard to prepare for the construction of a new shipyard in Primorsk, Leningradskaya Oblast. The necessary investments were guaranteed by the state-owned "Vneshekonombank", which was ready to open a 1 billion EUR credit line for the project.


Safer container securing and stowage software

July 23, 2010 - Lloyd's Register (LR) has developed and released new container-securing rules and software to provide a robust framework for safer, more effective modern ship designs.
The new rules and supporting software, which were developed after detailed consultation with major container-shipping lines and manufacturers of lashing equipment, come as the container-shipping market shows early signs of emerging from a prolonged slowdown.


Coming Events
SMM
September, 2010

SMM

Sep. 7-10, 2010 • Hamburg, Germany




Global Maritime Environmental Congress (GMEC)

Sep. 7-8, 2010 • Hamburg, Germany




St.Petersburg - the Sea Capital of RUSSIA. Transport and transit potential

Sep. 9-10, 2010 • St.Petersburg, Russia




3rd Asia Bulk Liquid Chemicals Shipping & Storage Conference 2010

Sep. 9-10, 2010 • Shanghai, China



October, 2010

TRANSTEC

Oct. 5-7, 2010 • St.Petersburg, Russia



CANEUS Shared Small Satellites International Workshop

Oct. 20-22, 2010 • Tuscany, Italy




4th Shipping Finance Summit

Oct. 27-28, 2010 • London, UK



December, 2010

INMEX CHINA

Dec. 8-10, 2010 • Guangzhou, China



January, 2011

SMM Istanbul

Jan. 26-28, 2011 • Istanbul, Turkey



March, 2011

Maritime Vietnam

March 9-11, 2011 • Ho Chi Minh City, Vietnam




Europort Istanbul

March 23-26, 2011 • Istanbul, Turkey



April, 2011

SMM India

Apr. 7-9, 2011 • Mumbai, India



May, 2011

Nor-Shipping

May 24-27, 2011 • Oslo, Norway



June, 2011

MS&D 2011 - International conference and exhibition on Maritime Security & Defence

June 15-17, 2011 • Hamburg, Germany




International Maritime Defence Show (IMDS)

June 29-July 3, 2011 • St.Petersburg, Russia



September, 2011

NEVA

Sep. 20-23, 2011 • St.Petersburg, Russia



[Complete List]



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