Wednesday, July 30, 2014
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MHI to Book $585m Write-down From Carnival Orders

AIDA PrimaMitsubishi Heavy Industries will book an extraordinary loss of ¥60bn ($585m) from its cruise ship business, according to a report in Lloyd’s List.

Read more: MHI to Book $585m Write-down From Carnival Orders


Collision in Tokyo Bay

Pegasus PrimeTwelve crew members were rescued by a passing passenger vessel after a Panama-flagged general cargo ship, the Beagle III, sank in Tokyo Bay following a collision with a container ship, the Pegasus Prime, on 17th March.

The 17,224 dwt, 2009-built Beagle III, owned and operated by Taiwan’s Wisdom Marine Lines, was carrying a crew of 20, all Chinese nationals, 11 whom were rescued by the Japanese coastguard shortly after the accident.

Read more: Collision in Tokyo Bay


Singapore Confirms Its Third Collision in Two Weeks

Mare ThraciumA collision in the Singapore Strait early in February, became the third such incident within two weeks. The Liberia-flagged container ship Hammonia Thracium and a Panama-flagged chemical tanker, the Zoey, collided off Sebarok Island, which is about 10km south of mainland Singapore.

Read more: Singapore Confirms Its Third Collision in Two Weeks


Big VLGC Order for Daewoo

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ALVBAHIYADaewoo Shipbuilding & Marine Engineering has signed an order to build eight 84,000 cu m Very Large Gas Carriers for China Peace.

Earmarked for delivery in 2016 the ships represent a major investment with a price tag of around $80m each. The company, which also has an option for a further four ships, is just the latest to join the rush to invest in building VLGCs.

Read more: Big VLGC Order for Daewoo


Asia Poised for Cruise Growth

ArcadiaAsia has the potential to become one of the world’s biggest cruise markets with broad economic benefi ts driven by the cruise industry’s long value chain, so says Carnival Australia CEO Ann Sherry who was speaking at the ASEAN Tourism Forum Ministers’ Meeting in Sarawak.

Read more: Asia Poised for Cruise Growth


Hobart Shipping Observations

Alexander SpiritThe Port of Hobart is one of the best deepwater ports in the world; a thriving commercial port offering safe all-weather access to all kinds of vessels, both large and small.

Read more: Hobart Shipping Observations



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