Wednesday, October 10, 2007

Ships on alert after iceberg warning

Ships have been put on alert after an "iceberg" was spotted floating off St Francis Bay in the Eastern Cape.


The large white mass, said to be about 35 nautical miles offshore, is estimated to be 25 metres long and 20 metres high. It was reported by a vessel, Ntini, which was sailing in the area on Monday night. The National Sea Rescue Institute issued an immediate maritime radio warning to vessels to prevent a possible collision. St Francis Bay is about 100km from Port Elizabeth.


Read More

Xilas acquires newbuilding contracts

Greek shipowner Ioannis Xilas concluded the acquisition of a duo of newbuilding contracts from Danish group Clipper.


Both vessels are currently being built by Tsuji Heavy Industries at its Jiangsu Shipyard in China. They are trader-type vessels each with a carrying capacity of 30,000-dwt. Xilas Group is expected to take delivery of the vessels during 2009-2010. Clipper Upon has ordered a total of 24 ships, which will be transferred to a shipping pool, under the name Clipeer Trader Pool, together with the existing 12 vessels that the group controls.


Read More

Yangzijiang shipping wins $409.7M shipbuilding deals

China-based shipbuilder Yangzijiang Shipping Ltd. said it has secured contracts worth $409.7m to build 13 container vessels for delivery between 2010 and 2011.


It currently has $4.94b worth of contracts on hand, $2.9b dollars of which was secured during the first nine months of the year. Yangzijiang was among the three foreign stocks that were included in the revamped Straits Times Index.


Read More

Renaissance subsidiary wins $35mln Abu Dhabi contract

Renaissance's subsidiary Adyard LLC was awarded a $35 million contract by Single Buoy Moorings Inc. for the fabrication of a mobile offshore production unit for Talisman Energy to be located on the YME Field in the Norwegian sector of the North Sea.


The contract entails the fabrication and load out of the hull, topsides and related works. The process equipment will be fabricated in modules and installed on the hull at the Adyard jetty. Single Buoy Mooring Inc is a market leader in the conversion and operation of FPSO’s worldwide and this award marks the fourth contract Single Buoy Moorings has awarded to Adyard in the past 12 months following the award of two CALM Buoys and PLEMS and five modules for the Frade FPSO for Chevron.


Read More

Two new war ships for Australia

Prime Minister John Howard has announced the government has signed the contract to build two new warships in a deal worth $3.1 billion.


Mr Howard said the government had signed a contract with shipbuilder Tenix to build two large amphibious ships for the Royal Australian Navy. He made the announcement at Tenix's shipyard in Williamstown in Melbourne. The first ship, HMAS Canberra, will be delivered in 2013 and the second, HMAS Adelaide, in 2015. The work in Melbourne will be worth about $500 million to Australian industry.


Read More

DP World, Senegal sign $700m Dakar port deal

Senegal Prime Minister Cheikh Hadjibou Soumaré, formally handed responsibility for operating and developing Senegal's busiest container terminal to DP World.


A signing ceremony was attended by the chairman of DP World and holding company Dubai World, Sultan Ahmed bin Sulayem. The final agreement follows the announcement of DP World as the successful bidder of the international tender in June. DP World plans to contribute more than 500 million euros through direct investment and participating shareholding by the Port Authority of Dakar.


Read More