Rocket Core Arrives in Wilmington

A first-stage core structure for Orbital Sciences Corporation’s Taurus II rocket arrived in the Port of Wilmington, Del. The rocket structure requires special transport to its destination at a launch site in Virginia. It is the first of between six and twelve structures expected at the port.
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Source: Break Bulk

NYK Enters Offshore Shuttle Tanker Business

NYK has decided to invest in Knutsen Offshore Tankers ASA (KOT), which will result in NYK owning 50 percent of KOT’s total capital. Following this investment, KOT’s name will change to Knutsen NYK Offshore Tankers AS.
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Source: LogisticsWeek

Evergreen Line to Vessel-Share with MCC Transport on Malaysia-Bangladesh (MBS) Service

Evergreen Line will be vessel sharing with MCC Transport on its Malaysia – Bangladesh Shuttle (MBS) service commencing December 16, 2010.
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Source: LogisticsWeek

Digital welding boosts shipbuilding

In a move to cut costs and raise productivity, Hyundai Heavy Industries is expected to become the first shipbuilder in the world to adopt digital welding processes in shipbuilding.
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Source: Motorship

Tanker market to be plagued by oversupply in 2011, bunker prices heading upwards as well

Oversupply issues will continue to be a crucial factor for the tanker freight market during 2011 as well, said Mr. Alexandros Prokopakis, General Manager-Bunkering with Mamidoil – JetOil SA in an interview with Hellenic Shipping News Worldwide. Still, he remains optimistic about the market from the middle of 2012 onwards. Until then though, tanker owners will have to be cautious regarding their investment and chartering strategies, especially as operating costs are facing increases.
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Source: Hellenic Shipping News

A “new generation” of bulkers

Dry bulk carriers are tough, no-nonsense ships operating in a rough and competitive world, moving mountains of coal, iron ore, grain and other bulk shipments around the world with a minimum of fuss. They have to be exceptionally robust – with some iron ports capable of hurling 16,000 tonnes per hour into a ship, with the cargo grabbed out in the discharge terminals with massive steel grabs weighing fifty tonnes empty, the punishment upon a ship’s structure can be severe. A better understanding of both the static and dynamic stresses upon these hard-worked ships has been gained in recent years and is being reflected in modern designs.
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Source: BIMCO

'Need to develop human resource in maritime sector'

Shipping Minister G K Vasan today said in the wake of increasing demand for sea farers in global maritime trade, India should develop human resource in the maritime sector as it has huge potential.
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Source: Chennaionline

GREENPEACE: THE SV `RAINBOW WARRIOR` IS HERE FOR TOXIC FREE ASIA TOUR

The Greenpeace flagship Rainbow Warrior arrived today in Manila for the final stop of her "Turn the Tide" tour of Southeast Asia. The ship's arrival marks the 10th anniversary of Greenpeace official presence in the region. Greenpeace is calling on citizens of Southeast Asia to ‘Turn the Tide’ in favor of green and peaceful future.
To welcome the Rainbow Warrior’s arrival, more than 500 Greenpeace volunteers conducted a "March for Renewable Energy" in the CCP complex in
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Source: Philippine Headline News

World's largest solar-powered boat sails around world

The sun can do a lot more than just light up the sky. It can also power boats on the sea.
Pulling alongside the Turanor, people seem amazed, some even snapping a photo or two of the ship some call the future of water travel. The purpose of the ship: singular.
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Source: NECN

Freight market blues?

Although freight markets are far better off than during the depressed 90’s they now face, again, the consequences of over-ordering of new tonnage and lack of support from demand. Even though, after the 2008 markets collapse, it was clear that freight demand would not grow to absorb the staggering amount of new ships delivered and on order, shipowners kept on ordering new ships.
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Source: Buenos Aires Herald