Petrobras disappoints South Korean Builders

Marine BizTV launches a new desktop application ‘My Maritime’ The application makes the search for maritime news easier than ever.

Brazil’s state owned ‘Petrobras’ has disappointed South Korean builders who were keen on cashing on a large order for drill ships, Petrobras have told the South Korean sales team that the orders for seven drill ships would be handled domestically due to cost reductions under the company’s domestic building slogan.

Technip’s board of directors approved the audited full year of 2009 consolidated accounts.

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Sri Lanka Ports Authority for a construction of a new deepwater container terminal.

The Chairman of the Sri Lanka Ports Authority (SLPA) Priyath Wickrama has said that the port was in the final stages of negotiations with a private investor consortium, led by China Merchant Holdings, for the construction of a new deepwater container terminal.

This year’s ice situation in China’s Yellow Sea and Bohai Sea has brought good tidings to the Port of Dalian. The port did not experience any ice and experienced a throughput increase of 21.7 percent year-on-year.

Congestion at Australian ports is expected to get worse within the next two weeks with the arrival of a further 153 vessels arriving, adding to the queue of 181 Capesize, Panamax and Handymax ships anchored off the country’s main coal and iron ore ports.

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Bocimar orders three Aframax tankers

Bocimar has converted its order for three Aframax tankers from Hanjin Heavy Industries, Korea, into an order for four bulk vessels.

GLD Atlantique will be operating a Motorways of the Sea-funded service between Nantes-Saint Nazaire, France, and Gijon, Spain.

Indonesia still owes Japan some 80 cargo shipments of LNG worth US$2 billion. “If we do not fulfil the export of 80 cargoes we have to pay $2 billion to Japan,” the Antara News Agency quoted head of upstream oil and gas regulating body (BPMigas) R Priiyono as saying.

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Mermaid Marine Australia announces 63% increase in net profit

The Directors of Mermaid Marine Australia (MMA) have announced a 63 percent increase in net profit after tax (NPAT) to US$18 million for the six months ended December 31 2009.

The Brunswick Corporation has reported its results for the fourth quarter of 2009.They show only doom and gloom in the leisure sector. For the fourth quarter of 2009, the company reported net sales of US$657.3 million, down from US$837.7 million a year earlier.

Lamprell has received two significant new contract awards from Fred Olsen Windcarrier worth US$320.4 million. Each contract award is for the design, construction and delivery of a Gusto MSC NG-9000 design self elevating and self-propelled offshore wind turbine installation vessel.

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Taiwan’s largest bulk to acquire additional vessels in 2010.

GLD Atlantique will be operating a Motorways of the Sea-funded service between Nantes-Saint Nazaire, France, and Gijon, Spain.

One of Taiwan’s largest bulk ship owners has hinted that it may acquire additional vessels in 2010. In 2009, the company purchased 24 ships including Ro-Ros, multi-purpose vessels and bulk carriers.

Norway-based Golden Ocean is looking to take on a secondary listing on the Singapore Exchange.

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Turkish shipyard owners lose all hope

Turkish shipyard owners have reportedly “lost all hope”, according to a report by Asiasis, which highlighted the depth of trouble shipyards in the Tuzla region are experiencing. Production fell by 90 percent in 2009 and the order book statuses are looking very bleak.

The German Government is reportedly calling on South Korean yards to accept late deliveries and defer payment installments from German shipowners.

Analysts are continuing to make gloomy forecasts for the next few years for China’s shipbuilding industry. Despite China reporting a gross output value growth of 28.7 percent to US$80 billion in 2009, the growth rate has dropped by 31 percent, China’s Ministry of Industry and Information Technology said.

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Emirates Ship Investments to beef up its fleet

Emirates Ship Investment (Eships) will be beefing up its fleet with a major investment programme to double its fleet in three years.

STX Offshore & Shipbuilding has signed a newbuild contract for two product/chemical tankers. The two 50,800DWT vessels, for L.G.R., Italy, will be built at the Jinahe Shipyard, with delivery scheduled for 2012.

Canada’s Teekay Corporation has awarded Japan’s IHI Corp a contract to remake an LNG carrier into a floating LNG production vessel. Malaysia’s leading container liner and one of the world’s largest LNG operators,

MISC is eyeing opportunities in the Middle East in a continued consolidation of its long term commercial imperatives.

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Six high-speed aluminium patrol craft for Trinidad and Tobago

In late December 2009, the ‘YT 802 Valiant’, the first of a new series of Z-Tech 4500-class tugs for the United States Navy Pilots was handed over to her owners.

Six high-speed aluminium patrol craft for the Trinidad and Tobago Coast Guard (TTCG) have been delivered. Capable of speeds greater than 40 knots and armed with general purpose machine guns and a 20mm cannon, the 30-metre vessels, designed and built by Australian shipbuilder Austal.

The US Coast Guard Station in Burlington has recently taken delivery of a new air boat to assist in ice rescues on Lake Champlain, New York. Coast Guard Station Burlington crewmembers demonstrate their new air boat’s capabilities on Lake Champlain.

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Thailand’s leading bulk operators report fall in profits

Thoresen Thai Agencies (TTA) two percent share price plunge – the first in five months – was attributed to higher vessel operating costs and falls in sales and revenue.

Thailand’s leading bulk operators have reported a fall in profits. Thoresen Thai Agencies (TTA) two percent share price plunge – the first in five months – was attributed to higher vessel operating costs and falls in sales and revenue.

Egypt has awarded Düsseldorf-based ThyssenKrupp Mannex a major contract for the exclusive supply of 15,000 tonnes of various grades of steel plate, sheet and sections to be used in the construction of 24 new freighters.

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Japdeva has released bidding rules for $812 million port concession

While many ports are experimenting with a range of designs for their docking assist tugs, three ports on Korea’s rugged west coast have chosen to stay with a well-proven design.

The port authority of Japdeva has released bidding rules for its US$812 million port concession. Over 42 companies from countries such as Brazil, Colombia, France and the US, have expressed interest in bidding for the port, located in Costa Rica’s Limon province.

Turkey’s privatisation administration, OIB, has announced that it will be selling the rights to expand and run central Istanbul’s cruise ship port, Galataport.

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