Friday, October 26, 2007

VT delivers fourth type 45 bow set

VT Shipbuilding has delivered the fourth bow section for the Royal Navy’s new Class of Daring Class destroyers to BAE Systems Surface Fleet Solutions’ Govan shipyard in Glasgow.


The 50-m section, weighing some 1100 tons, was loaded out from VT’s advanced shipbuilding facilities in Portsmouth Naval Base and placed on a barge which was subsequently towed to Glasgow in a four-day voyage via the Irish Sea. The bow will now be consolidated with the rest of HMS Dragon, which is under construction by BAE. With four bows delivered, the remaining two are under construction for delivery next year with VT fulfilling all the prime contractor’s delivery requirements and in some cases handing over sections ahead of the required date.


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Bharati Shipyard to build Havyard 841-design

The Shipping Corporation of India has chosen Bharati Shipyard Ltd for building its 4 new Anchor Handling Tug & Supply Vessels.


The ships will be of the Havyard 841-design. The SCI, a Government of India enterprise operates 83 vessels of 4,6 million DWT with substantial interests in 10 different segments of the shipping trade. SCI owns and operates about 35% of the Indian tonnage. Bharati Shipyard Ltd. is one of the leading Indian shipyards, specializing in building of Offshore Support Vessels. Bharati Shipyard have today more than 40 vessels on order for Indian and foreign owners. Havyard 841 is designed by Havyard Maritime AS in Fosnavag, Norway.


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Port Rashid faces closure

A major part of Port Rashid, the lifeline of Dubai's foreign trade before Jebel Ali Port opened in 1979, may be closed late next year since it cannot accommodate large new-generation container ships.


The port located between the Palm Deira and The World cluster of man-made islands, has fallen out of favour with shipping companies, which prefer the region's biggest port, Jebel Ali, as their hub. Two big shipping lines, Evergreen and Cosco, moved to Jebel Ali last March, affecting the port's container business. DP World, the operator of Dubai ports, has been planning to halt container operations at Port Rashid for some time as the port's location close to the city's populated areas creates logistics and traffic problems. Close to Jebel Ali, Abu Dhabi is also developing the massive Khalifa Port that will have both container and general cargo operations. Port Rashid is likely to remain open to general cargo vessels and may have more cruise facilities.


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BP hit by FERC fine

BP has been fined $7 million by the US Federal Energy Regulatory Commission for violations of agency rules related to interstate natural gas pipeline and storage facilities.


FERC's penalty comes on top of $373 million in fines and restitution BP agreed to pay other US regulators for a deadly explosion at its Texas City oil refinery, oil spills on its Alaska pipeline and manipulation of the US propane market. In the FERC case, the violations involved thousands of individual transactions in 2005 and 2006 related to BP's management of customers' rights to ship and store natural gas. In addition to the penalty, BP will implement a compliance monitoring plan for at least one year under FERC supervision.


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Evergreen Marine honored for the third time

Evergreen Marine, the marine shipping firm based in Taiwan has been awarded for the third consecutive time the title of Most Admired Company from Taiwan's Common Wealth Magazine.

Evergreen Marine president Yen Ho-Yao accepted the award and said the company will continue to devote its efforts in building a more extensive shipping network with its peers to connect Taiwan closer to the world. The Most Admired Company survey was first held in 1994, based on criteria include an enterprise's financial situation, investment value, application of technologies, human resource policy, corporate social responsibility, future prospects and creativity.


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Bourbon orders two from French Yard

Bourbon has ordered for two Multi Purpose Supply Vessels (MPSV) from Socarenam, the French shipyard based in Boulogne-sur-Mer.


The design of these vessels is based on a concept established by Marine Assistance, and will be developed by the consultant firm Bureau Mauric. The two MPSVs built by Socarenam will be used to provide support in specific, demanding offshore operations, such as the maintenance of oil facilities or production maintenance work and subsea inspections. The vessels have 8 anchors which, combined with the Dynamic Positioning technology, offer greater flexibility in operational positioning.


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