Like sister ship Oasis of the Seas, the Wartsila engines installed in Allure of the Seas have common-rail systems, ensuring lower fuel consumption and reduced emissions, giving smokeless operation at various engine loads. Allure of the Seas, the sister ship of Oasis of the Seas, will today be handed over to Royal Caribbean Cruises Ltd (RCCL) by STX E...
The Abu Dhabi National Oil Company (ADNOC) yesterday received the first of 15 tankers and chemical carriers that will make it a major force in the Gulf’s shipping industry. The company’s two tanker divisions operate 14 vessels shipping oil, natural gas, chemicals and equipment across the world. Over the next 11 months, ADNOC will take on the 15 ...
Cosco Pacific Ltd., Asia’s third- largest container-terminal operator, more than doubled quarterly profit because of a revival in world trade. Net income climbed to $100 million in the third quarter from $40 million a year earlier, the Hong Kong-based company said in a statement to the city's stock exchange earlier this week. Sales rose 29 perc...
China Shipping Development said third quarter operating revenue and net profit rose 22.49 percent and 63.79 percent year-on-year to 2.89 billion yuan and 478 million yuan, with earnings per share of 0.1405 yuan, reports Yicai, citing a company announcement. The company attributed the third quarter earnings growth to a recovery in the shipping market, a de...
Kaohsiung: General Manager Tan Taiping of CSBC confirmed that Chairman Ren Yuanlin of Yangzijiang Shipbuilding visited CSBC on 27th of this month, to mutually cooperate for more orders. CSBC said both sides would sign a memorandum of understanding. In the future CSBC would take charge of ship design and technology while Yangzijiang would offer dock and la...
Seoul: South Korea's Hyundai Mipo Dockyard has secured an order from Japan’s Daiichi Chuo Kisen to build up to nine handysize bulkers in a deal worth $240m in total. The order involves firm contracts for six 36,000-dwt bulkers and options for a further three vessels. Delivery is scheduled between mid 2011 and 2013 it was reported in Japan. The in...
Safmarine made history when the company recently took delivery of a new multi purpose vessel. The 1,052 TEU Safmarine Sumba is the carrier's first new MPV since it became a member of the AP Moller-Maersk Group more than 11 years ago. It is also the first of six new multi purpose vessels that will be delivered to Safmarine between 2011 and 2012/3. Saf...
US JONES Act carrier Horizon Lines has purchased thousands of containers for the transpacific service scheduled to be launched in December. The new 11-day port-to-port Five Star Express service to call at Shanghai and Ningbo and then Los Angles and Oakland starts December 13 will deploy five 2,824-TEU ships. Horizon, of Charlotte, North Carolina, saw a ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi