MONDAY, JANUARY 31, 2011
Höegh Tracer sold for green recycling
Höegh Tracer is currently on her last voyage and will arrive in the Shanghai area in the beginning of February 2011 - close to her 30 year anniversary.
Höegh Tracer is now on her last voyage
Her last destination will be Changjiang Ship-breaking Co. up-river from Shanghai.
Maersk Ship Management BV will be responsible for planning and monitoring recycling in accordance with our Green Ship Recycling Specification.
Höegh Autoliners has adopted a Ship Recycling Policy based on the proposed IMO recycling convention (Hong Kong 2009). This ensures that the vessel is recycled in a safe and environmentally friendly way and will be disassembled under controlled conditions within a dock.
Höegh Tracer is the 10th Höegh Autoliners vessel to be recycled in this manner since 2009 and will be the second vessel recycling arranged through Maersk
Overview of Höegh Autoliners vessels subject ... >> full
THURSDAY, JANUARY 27, 2011
BIMCO - containership orderbook back to “normal” size
One year ago the containership orderbook stood at 4.9 million TEU. Today, it totals 3.9 million TEU. Deliveries of 1.3 million TEU of newbuilt vessels have diminished the orderbook in combination with few signings of new contracts. The total orderbook is down by 21 percent over the last year.
That development stands in sharp contrast, in particular, to the dry bulk orderbook, which remains very high, but also to the tanker orderbook, which is down by eight percent. In the following piece we will, however, focus primarily on the container trades.
Source: BIMCO, Clarksons
This low level of new orders has brought the orderbook-to-fleet ratio down to 28 percent, which was the average ratio level until the ordering boom took off towards the end of 2003. The orderbook-to-fleet ratio reached its peak in November 2007 at 61 percent. The fact that the ratio is now back ... >> full
THURSDAY, JANUARY 27, 2011
Ship operators urged to properly secure their cargo

The Australian Transport Safety Bureau (ATSB) is urging shipping operators to regularly check and replace their container lashing equipment as a result of an incident involving the Hong Kong-registered container ship ‘Pacific Adventurer’.
On March 11, 2009, ‘Pacific Adventurer’ lost 31 containers overboard during severe weather and large swells off Cape Moreton in the Australian state of Queensland. As the unsecured containers went overboard, they holed two of the ship's fuel oil bunker tanks. This caused the ship to leak 270 tonnes of bunker oil into the sea, which reportedly affected 70 kilometres of Queensland's coastline.
The ATSB investigation into the incident found that much of the ship's loose and fixed container lashing equipment, which is meant to secure the containers to the ship, was in poor condition. In addition, the inspection and replacement regime of this equipment had not been effectively implemented.
ATSB Chief Commissioner, Mr Martin Dolan, said ... >> full
WEDNESDAY, JANUARY 26, 2011
Meyer Werft to build first LNG carrier
Rotterdam-based shipping company Anthony Veder has ordered a new LNG carrier from Meyer Werft. The new tanker will have a length overall of around 156 metres, a breadth of 22.7 metres, and a cargo capacity of 15,600 cubic metres.
The delivery of the new vessel is scheduled for the end of 2012. Meyer Werft's sister company, Neptun Werft in Rostock-Warnemünde, Germany, will be heavily involved in the construction and outfitting of the vessel, and the project will safeguard work for their staff up to 2012.
This is the second small-scale LNG carrier for Anthony Veder, but has around double the capacity of its first, ‘Coral Methane’.
Meyer Werft has already built 55 LPG- and LEG carriers, and this order represents its first foray into the construction of LNG carriers.
WEDNESDAY, JANUARY 26, 2011
Pride International launches ‘Deep Ocean Mendocino’

Pride International has dedicated and accepted delivery of the ‘Deep Ocean Mendocino’, the third new deepwater drillship to be added to the Pride International fleet, during a ceremony at the Samsung Heavy Industries (SHI) shipyard in South Korea.
The ‘Mendocino’ is expected to mobilise to the US Gulf of Mexico and commence a five-year contract with a subsidiary of Petroleo Brasileiro (Petrobras) during the second quarter of 2011, following the completion of integrated testing and acceptance by the client.
‘Mendocino’ is one of five new drillships in Pride's deepwater drillship expansion program with SHI. The first two drillships, the ‘Deep Ocean Ascension’ and ‘Deep Ocean Clarion’, were delivered by SHI in 2010. Both rigs are preparing to commence five-year contracts with BP, with ‘Ascension’ expected to mobilise to the Mediterranean Sea, while ‘Clarion’, currently in the US Gulf of Mexico, is preparing for final testing and commissioning. The ... >> full
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