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How to Determine Chain Link Size?

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2018-08-29 03:22:59

Stockless Anchor and HHP Anchor Selection

Optimum design of an anchor is influenced by the spe- cific composition of the ocean floor. Basically, we catego- rize the ocean bottoms into three groups: 1. Mud, or silt, which varies the most in consistency and offers little resistance to forces. 2. Sand, ideally the most...
2018-08-29 03:12:41

ASTON Orders Four Ships in China

Russia-based producer of foodstuffs and ingredients ASTON has signed contracts with two Chinese shipyards for the construction of four new bulk carriers. As informed, the vessel quartet is part of a series of ten ships with a deadweight of 8,000 tons. ASTON has not...
2018-04-12 22:34:09

Cosco Shipping Orders Third Pulp Carrier at Dalian

Cosco Shipping Specialised Carriers has exercised an option to order a third 62,000 dwt pulp carrier from China’s Cosco Dalian Shipyard. In late August 2017, the company ordered two pulp carriers at the Chinese yard, with an option for one more. The previous two vessels were ordered at a price od...
2017-12-20 03:34:24

China’s 1st Smart Ship Makes a Debut

China’s first smart ship, Great Intelligence, was presented this week at Marintec China 2017, Shanghai which hosted revelations of several innovative ship design concepts. Great Intelligence, a 38,800 dwt modified version of the Green Dolphin fuel-efficient bulk carrier concept, was announced in 2015 as the first smart ship pilot project in...
2017-12-07 21:35:33

COSCO SHIPPING Ports, PSA to Launch Third Singapore Berth

COSCO SHIPPING Ports and PSA Corporation (PSA) signed a memorandum of understanding (MoU) to mark the launch of a new mega berth at COSCO-PSA Terminal (CPT) in Singapore. Established in 2003, CPT has served as a hub for container shipping in the Southeast Asia region. The launch of the third berth...
2017-11-30 21:42:57

CSSC Sends Its Smart Ship to Sea Trials

China State Shipbuilding Corporation (CSSC) has splashed its first smart ship, the 38,800-metric ton bulk carrier Great Smart, in late October when the vessel departed the shipyard for sea trials. The bulker started its week-long trials on October 31 in Guangzhou, capital of Guangdong province, the state-owned shipbuilder informed. Great Smart, which...
2017-11-06 21:42:57

COSCO Shipping Holdings’ Shareholders Okay OOIL Takeover

The shareholders of COSCO Shipping Holdings Co. passed special resolutions at the extraordinary general meeting held on October 16, approving the takeover bid of Orient Overseas (International) Limited. The takeover offer was made in July this year when COSCO Shipping Holdings and Shanghai International Port Group (SIPG) placed a pre-conditional voluntary...
2017-10-18 22:36:09

Angelakos Books Up to Six Panamaxes at Yangzijiang

Chinese shipbuilder Jiangsu New Yangzijiang has reportedly won an order for up to six Panamax bulkers from Greek shipowner Angelakos Hellas. The order, placed on August 25, includes four firm 82,000 DWT bulk carriers and options for two additional newbuilds, data from VesselsValue indicates. The Panamaxes, the price of which was not...
2017-08-28 23:21:39

Shanghai Stock Exchange Grills COSCO Shipping over OOIL Deal

COSCO Shipping Holdings has received a letter of inquiry from the Shanghai Stock Exchange asking clarity on the company’s “significant assets reorganization” and asset acquisition, mainly the purchase of Hong Kong-based rival Orient Overseas International Limited (OOIL). The offer, made to all shareholders of the world’s seventh largest container shipping line...
2017-07-20 04:40:25