The shipping industry faces a challenging year as freight rates come under pressure and crew costs continue to rise, according to Julian Wilkinson, Head of the Moore Stephens Shipping Industry group.
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Archive for January 14th, 2011
Moore Stephens Reports – Challenging year for shipping
Bloomberg – Global Ship Orders to Rise 4% This Year
Bloomberg reports that global shipbuilding orders may rise 4 percent this year to the highest since 2008 as economic recovery drives demand for consumer goods and fuel, according to estimates South Korea’s industrial ministry released today.
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MES Delivers M.V. “FORTUNE WING”
M.V. “FORTUNE WING”, 56,000 DWT Type Bulk Carrier with Huge Cargo Hold Capacity (over 70,000m3) 116th Ship of “Mitsui’s 56” Series Delivered.
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BASS Sells out SIS
BASS Software Ltd., a leading global provider of software for fleet and rig management, will use the financial resources it freed up after selling itself out of Star Information Systems (SIS) to continue to invest in its own business by pursuing new markets and developing new products.
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Sartor Awards Bergen with Three MPOV’s
Sartor Offshore AS have awarded Bergen Group a contract for the construction of three multi-purpose offshore vessels with a total value of about NOK 1 billion. The newbuilding program has a strong focus on environmentally solutions based on high safety and flexibility.
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Olympic Shipping Confirmes Option of New Vessel
Olympic Shipping confirms option for delivery of one Multi Purpose Field Supply and Construction Vessel at Kleven Maritime in Norway. Delivery is agreed as June 2012.
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Daewoo Rolls Out Mammoth FPSO
Koreas Daewoo Shipbuilding & Marine Engineering has succeeded in building the worlds largest scale of Floating Production Storage & Offloading Unit FPSO.
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BAE Systems Punts Anti-Pirate Laser
British defence multinational BAE Systems has successfully demonstrated a prototype device that it says will serve as an effective non-lethal deterrent against pirate attacks on commercial vessels such as oil tankers and container ships.
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Swedish LNG cluster Signs a Strategic Order KOGAS
White Smoke and Swedish Marine Technology Forum entered into a joint agreement with the Korean energy giant KOGAS to evaluate the possibilities for developing a Korean system for delivery of LNG to gas-fuelled ships.
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