GMB Scotland commented on the formal acquisition by Jim McColl of the Ferguson Shipbuilders in Port Glasgow, and the announcement that the company will be renamed Ferguson Marine Engineering Ltd and will service the oil and gas, marine and renewables sectors. Last month the Ferguson Shipbuilders called in receivers putting 80 jobs at risk. Jim […]
September 16, 2014 | Posted in
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The UK Chamber of Shipping has responded to latest statistics showing the UK trade gap has widened. In January 2014 the value of imports rose to £16.8bn, while exports showed a slight decrease to £14.5bn, compared with last month. Consequently the difference between non-EU imports and exports (the trade gap) has increased. The shipping sector […]
From the military’s perspective, there is no doubt that America’s national and economic security remain dependent on a strong U.S. Merchant Marine. That message was delivered emphatically to the Maritime Trades Department (MTD) executive board in Houston by the deputy commander of the U.S. Transportation Command (USTRANSCOM), the national president of the Navy League of […]
As the global shipping industry gathers in Shanghai for Marintec China 2013, Regional Vice President Asia Pacific, Neal De Roche says Wilhelmsen Ships Service (WSS) remains focussed on providing innovative solutions to client needs. Speaking as he takes up his new role in Singapore, following five years in Shanghai, De Roche says the recent recovery […]
Following the announcement in March 2013 that Mojo Maritime Ltd. was working on the development of their patented High Flow Installation Vessel (HF4), extensive progress has been made. The substantial amount of time and resources invested by Mojo Maritime Ltd. and their partners has ensured that the project remains on schedule. The basic design is […]
As the container shipping industry recuperates from a challenging market environment, concerns still abound over the looming overcapacity as more new vessels are expected to come on stream in the next two to three years. CMA CGM group senior vice-president for Asia Europe lines Nicolas Sartini told StarBiz that the two main markets in the […]
July 29, 2013 | Posted in
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Speaking after last week’s Bariship Japan event in Imabari, General Manager WSS Japan Yoshihiro Iizuka said that for ship-owners and vessel operators, a combination of increased regulation and continued pressure on budgets means that the cost of products and services is more crucial than ever. However, according to Iizuka, the company has seen steady demand […]
The priority for the Svitzer salvage team continues to be the removal of containers from the bow section of Rena. Salvors yesterday removed 29 packets of wood, and 9 tonnes of container lashing equipment from the bow section yesterday. These were lifted off by helicopter as conditions did not allow the barge Smit Borneo close […]
The state of the stricken Rena remains uncertain and it has been stuck on Astrolabe Reef off Tauranga for nearly three months. Due to poor weather conditions divers have not been able to inspect the undersides of the vessel. The ship is however in a stable condition and salvors continue to assess the damage caused […]
Salvage operations remain on hold due to strong winds around the Rena, says Maritime New Zealand (MNZ). Salvors are continuing to monitor the condition of the vessel through electronic sensors on board but information gathered so far indicates there is no significant change or deterioration of the hull. “The vessel remains in a fragile condition, […]
