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Displaying items by tag: OverTonnage Low

#Ports&Shipping –The latest IMDO Weekly Market Review includes the following stories as detailed below.

Global Shipping & Ports: Over-tonnage and ECAs Drag Shipping Confidence to Two-Year Low Confidence among the shipping industry has dropped to its lowest point in two years, spurred by on- going uncertainty over markets, upcoming sulphur regulations, and over-tonnage. The results, which ranks confidence on a scale from 1-10, showed that overall levels dropped to 5.7 from 6.1 in the three months leading to November.

UNCTAD: Greece, Japan, China and Germany are still the dominant world fleet ship-owners - Japan, China and Germany are at the forefront of many rankings, such as the world's largest economies, largest manufacturers, largest traders. Greece is nowhere near attaining those characteristics, and is often one of the smallest. However, the Greek-owned fleet of ships remains at the top of the global ranking of ship-owning nations.

Obama Ports Negotiations: Obama under pressure to step in on port negotiations - US President Barack Obama is under increasing pressure to take action on the west coast port negotiations after a group of seven members of congress urged him to step in. A letter written by the seven members of congress has urged President Barack Obama to encourage the International Longshore and Warehouse Union and the Pacific Maritime Association to use a federal mediator.

Rotterdam Dockers: Dockers unite against Dutch automation plans - European dockers joined forces this week in Rotterdam to protest against the port's plans to expand as concerns over job losses on the back of increasing automation mount. This comes as ITF-affiliated union FNV Havens expressed its concern over the potential loss of employment and reduced working conditions as a result of an increase in automation and the expansion in capacity from Rotterdam World Gateway.

For more on each of the above and other stories click the IMDO Weekly Markets Review (Week 51). In addition to dedicated coverage on Afloat.ie's Ports & Shipping News section.

 

Published in Ports & Shipping

Shipyards

Afloat will be focusing on news and developments of shipyards with newbuilds taking shape on either slipways and building halls.

The common practice of shipbuilding using modular construction, requires several yards make specific block sections that are towed to a single designated yard and joined together to complete the ship before been launched or floated out.

In addition, outfitting quays is where internal work on electrical and passenger facilities is installed (or upgraded if the ship is already in service). This work may involve newbuilds towed to another specialist yard, before the newbuild is completed as a new ship or of the same class, designed from the shipyard 'in-house' or from a naval architect consultancy. Shipyards also carry out repair and maintenance, overhaul, refit, survey, and conversion, for example, the addition or removal of cabins within a superstructure. All this requires ships to enter graving /dry-docks or floating drydocks, to enable access to the entire vessel out of the water.

Asides from shipbuilding, marine engineering projects such as offshore installations take place and others have diversified in the construction of offshore renewable projects, from wind-turbines and related tower structures. When ships are decommissioned and need to be disposed of, some yards have recycling facilities to segregate materials, though other vessels are run ashore, i.e. 'beached' and broken up there on site. The scrapped metal can be sold and made into other items.

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