KG Maritime Shipping to expand fleet

Bulgaria's KG Maritime Shipping is planning to expand its fleet by 25 vessels, said 30 per cent shareholder Kiril Domuschiev.

Dnevnik a.m. reports that the group has already assigned some US$626 million to investment projects in 2008, most likely for the purchase of new vessels according to Domuschiev. Eight 34,000DWT vessels are expected to be the first deals to be negotiated.
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Hitachi completes first Wärtsilä RT-flex common-rail marine engine

Hitachi Zosen Diesel & Engineering Co Ltd celebrated the completion of its first Wärtsilä RT-flex common-rail marine diesel engine at its Ariake Machinery Works in Kumamoto Prefecture, Japan.

The new engine was presented and demonstrated to an invited audience from shipowners, shipbuilders, classification societies, and other interested parties. Hitachi is the eleventh engine builder in the Wärtsilä family of engine licensees to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines. The other engine builders are in South Korea, Japan, China, Italy, Croatia and Poland. This additional manufacturing capacity from Hitachi enables Wärtsilä to serve the steadily and strongly growing world-wide demand for the popular RT-flex engine type. The 6-cylinder Wärtsilä RT-flex50-B engine built by Hitachi will be delivered to Nanjing Wujiazui Shipbuilding Co Ltd in China. There it will be installed in a 1085 TEU container ship being built for a German owner. The engine has a maximum continuous power of 9960 kW (13,560 bhp) at 124 rpm. Hitachi has orders for a total of 26 RT-flex50 engines from shipyards in China and Brazil, including the engine demonstrated. The first RT-flx50 engine entered service in January 2006. The engine type has been very successful in the market with more than 200 engines already sold. They are being installed in ships contracted in China, Brazil, Bulgaria, Germany, India, Japan, Korea, Argentina, and Vietnam.

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Tangshan Port to issue A shares for expansion

China's Tangshan Port Group (TSP) intends to list on the A-share market and boosts port development in the Caofeidian area in the province of Hebei.

The group will integrate the current Jingtang Port and coal collussus Caofeidian Port, both to the southeast of Tangshan city, into Tangshan Port. The proceeds from the IPO will be used for port development in the Caofeidian A area. Brand development is a major task in 2008. The group will raise efficiency of terminals and improve customer service to achieve the goal. The throughput volume of Jingtang Port soared 89.5% on year to 6.52 million tons in April.

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Santos ‘close to sale of LNG stake’

Australia's third largest oil and gas producer Santos is in the final stages of talks to sell part of its equity interest in the Gladstone liquefied natural gas project in Australia.

"Santos is currently in the final stages of agreeing and executing a sell-down of part of its equity interest in the Gladstone LNG project, which may have a material impact on the price of the securities of Santos," it said. Santos is planning to build a liquefied natural gas plant at Australia's Gladstone port, which lies in the north-eastern state of Queensland. The proposed plant, estimated to cost A$7.7 billion ($7.4 billion) will have a annual capacity of between 3 million and 4 million tonnes. Industry sources have said that Santos, which plans to operate the LNG facility alone, was expected to sell about a 30% to 40% stake in the project to an energy giant that already has expertise in LNG. The race to build LNG plants on Australia's east coast has stepped up after UK gas producer BG Group last month made a $12 billion takeover bid for Australian energy retailer Origin Energy, which holds the largest CBM resources in Queensland state. Santos, which also has a stake in a proposed ExxonMobil-led LNG project in Papua New Guinea and a share in an operating LNG plant in northern Australia, has been seeking to expand its LNG business in a bid to gain from rising prices and a forecast surge in global demand.
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'Blue Sea' launched at Barkmeijer Shipyards

The 90-metre coastal freighter ‘Blue Sea' was launched successfully at Barkmeijer Shipyards, Germany.

The vessel is being built for Tristar Shipping of Kollumerzwaag, Holland. The vessel will be equipped for unrestricted navigation and transport of all kinds of dry cargoes. ‘Blue Sea' is also laid out for the carriage of containers. The vessel is the fifteenth in a series of 4,500DWT general cargo vessels built by Barkmeijer Shipyards. Since the launch, the hull has been transported to Lemmer for final outfitting and commissioning. Barkmeijer Shipyards has planned the delivery for the beginning of July. ‘Blue Sea' will be propelled by a MAK 6M25 engine driving a controllable pitch propeller of 3,000mm diameter via a reduction gearbox. The hold is box shaped and equipped with two movable bulkheads, and provisions have been made to carry certain categories of dangerous cargoes. Barkmeijer has several dry cargo vessels for Dutch owners on order for deliveries until the beginning of 2012. A maintenance dredger is also on order for the Wales-based UK Dredging for delivery in the second quarter of 2010.
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BOAT INDIA 2008

BOAT INDIA ‘08 is a two-day international conference on Leisure Boating and Yachting to be held at Hotel Taj Residency Cochin from 15 to 16 December 2008. The event organized by Marine BizTV – the Global Maritime Television Channel and managed by BizTV events is in the inaugural year to establish itself as the benchmark and stimulus for the International Leisure Boating and Yachting Industry and will steal the worldwide maritime attention.

BOAT INDIA Awards 2008 is the first International Boating Awards of the sub continent. The awards are bestowed for the outstanding boating and yachting personalities for their excellent contribution to the boating and yachting industry. The inaugural award ceremony will be held at Le Meridien, Cochin on 14 December 2008

Boat India 08- International Conference on Boating and Yachting

Dec 15- 16 2008

Hotel Taj Residency, Cochin

International boating Awards

Dec 14 2008

Hotel Le Meridian

Off add:

Marine BizTV

IInd Floor , Vithayathil Building,

Edapppally, Cochin- 682024

Tel: 91 484 406 66 66

Fax: 91 484 4055561

Contact person: Dilu Venugopal

Mail Id: boatindia@marinebiztv.com

Website: www.marinebiztv.com/boatindia

MASTECH 2008 - INTERNATIONAL MARITIME CONFERENCE BY MAST

MAST (Middle-east Alumni of Ship Technology) an alumni association of Naval Architects graduated from Department of Ship Technology, Cochin University of Science and Technology is organizing their first international Maritime conference named as MASTECH 2008. The conference will be held at Crown Plaza Hotel Dubai on 12 and 13 November 2008. The MAST alumni association is working in the UAE since 1980’s and has over 150 members working in various positions in UAE marine industry. MAST has excellent knowledge and penetration in the Middle East marine industry.

MASTECH 2008 will be an excellent opportunity to hear from leading industry and technical experts worldwide. The two-day conference provides an unrivalled environment to exchange information, showcase the latest technical innovations, explore collaborations, highlight business opportunities and take stock of trends and issues at the heart of future strategies.

There will be 24 speakers over the two days of keynote addresses, commercial and technical presentations, poster sessions and panel debates in four sessions. The four sessions designed to focus on separate topics related to ship design, new construction and ship repair, marine engineering and offshore engineering. MAST is expecting more than 250 international delegates for the conference. There will be no doubt that this conference will be very much beneficial to naval architects, marine engineers, designers, ship managers, surveyors, charterers, port operators, marine auditors, finance and insurance executives, safety operators etc. There will be an exhibition to focus on the advanced engineering and design innovations in shipbuilding during the conference. MAST also intends to organize an award night to recognize individuals and establishment for techno maritime achievements. The conference is supported by Biztv events and Marine Biz TV will telecast it globally.

http://www.mastechdubai.com/