The aircraft carrier USS Abraham Lincoln (CVN 72) refueling complex overhaul (RCOH) will not start due to a lack of funding, the Navy said Feb. 8. Lincoln was expected to move to Newport News shipyard next week to begin the overhaul. However, as a result of the fiscal constraints resulting from the ongoing continuing resolution [...]
February 11, 2013 | Posted in
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The shipping unit of Chinese steelmaker, Jiangsu Shagang Group, is the latest among a considerable number of Chinese maritime firms that have postponed payments to foreign shipowners in the past year, Reuters reports. Shagang Shipping has for months delayed payments for the use of a large iron ore carrier owned by Diana Shipping resulting in [...]
![Brazil: Petrobras Delays Plans for FLNG]()
Petroleo Brasileiro SA, Brazil’s state-controlled oil producer, delayed plans to use floating natural-gas plants supplied by Saipem SpA, … (Bloomberg) Source: Bloomberg, October 12, 2011;
![Kenya: Cargo Ships Switch to Dar es Salaam Due to Delays at Port of Mombasa]()
Cargo handlers and importers are up in arms over delays to allocate berths and the shortage of loaders at the port of Mombasa… By GITONGA MARETE (nation) Source: nation, September 1, 2011.
![Russia Delays Delivery of Second Trio of Talwar-Class Stealth Frigates]()
Russia delays delivery of the second trio of Talwar-class stealth frigates, said Indian defense minister A.K. Antony in the interview to Rajya Sabha. Delivery date of three Russian frigates Tag (“Saber”), Tarkash (“Quiver”), and Trikand (“Bow”) built for Indian Navy will be postponed for 12-14 months. Construction of warships for Indian Navy has been carried [...]
![South Korea: STX Pan Ocean Expects Delays in Newbuilding Deliveries]()
STX Pan Ocean noted that the widening financing difficulties faced by shipyards may delay the scheduled newbuilding deliveries… (seatrade-asia) Source: seatrade-asia, August 12, 2011; Image: panocean
![Brazil: Petrobras Delays FLNG Plan]()
Brazil’s state-controlled oil company Petrobras has postponed a costly plan to install a floating LNG platform in the Santos basin’s sub-salt areas, in favor of building a natural gas pipeline to shore. “We have decided that for the 2011-15 period, the best route for the pre-salt gas transfer is not the floating LNG. The best [...]
![Russia Delays Delivery of Three Warships for Indian Navy]()
Wait for the Indian Navy to acquire Russian-made warships seems like a long one, as three stealth frigates due from the Russians likely… ( deccanherald ) Source: Deccanherald, July 12, 2011;
![Island Global Yachting Acquires the Marina at Rodney Bay, St. Lucia]()
The facilities and services of the Rodney Bay Marina will be upgraded to meet the standards of IGY’s growing portfolio of mega-yacht and luxury marinas worldwide. IGY currently operates luxury and mega-yacht marinas in St. Maarten, St. Thomas, Mexico and the Middle East. IGY also is currently developing additional facilities in The Bahamas, St. Maarten, [...]
January 10, 2007 | Posted in
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![NYK has signed up for another very large ore carrier (VLOC)]()
The Tokyo-based giant ordered a second 300,000-tonner at Universal Shipbuilding against a long-term charter from Chinese steel mill Beitai Iron&Steel Group. Earlier this month, NYK announced it had signed a 25-year charter with Beitai to import iron ore from Brazil. It will ship around 700,000 tonnes of iron ore per year between November and August [...]
September 15, 2006 | Posted in
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