Latest News – Page 1003
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Aker Yards signs up sextet
Aker Brevik, a part of Aker Yards ASA, has signed a contract to build six 18,000 m3 product-tankers with six Cyprus-based single purpose companies. The 15,000 DWT vessels are to be built at Aker Braila in Romania and the total contract value is around EUR 130 million ($176 million).The design ...
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ABS gets Argentina cabotage authorisation
ABS has signed a memorandum of agreement with the Prefectura Naval Argentina (PNA ? the Argentine Coast Guard) by which the classification society is now authorized to issue statutory certificates on behalf of the PNA for Argentine flag vessels in the nation?s cabotage trades. ABS is one of only two ...
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POSCO and big three in steel study
POSCO, South Korea's largest steel maker has agreed with the country's three largest shipbuilders, Hyundai, Daewoo and Samsung, to set up a joint study group for the development of steel products for ships. The group will also study ways to improve the quality of thermo mechanical control process (TCMP) steel, ...
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Titan to expand fleet
Hong Kong oil trader, Titan Petrochemicals Group, has signed a one-year contract with China's Zhuhai Zhenrong that will give it access to 3 million metric tonnes of Iranian fuel oil, valued at $600 million, for trading. Under the renewable contract, Titan will transport the fuel oil from Iran and then ...
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Japan develops silencer
The Japanese NMRI (National Maritime Research Institute) and fire protecting door and noise-proof package manufacturer Taiko Sangyo have developed a new silencer system that dampens low frequency noise from diesel engines. This noise pollution emanates from ships berthed in port areas and is particularly noticeable at night when the humming ...
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LM6000 seeks ABS certification
GE Transportation's marine gas turbine business has launched a program to obtain American Bureau of Shipping (ABS) certification, to the Steel Vessel and the new Naval Vessel Rules, for its LM6000 aero derivative gas turbine. GE plans to certify the LM6000 at a power level greater than 36 MW based ...
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CSISC challenges V-Ships
China's largest ship-management company plans to launch a global challenge to its competitors. "Our purpose is to catch up with the world's largest V-Ships Company," said Wang Xiangyun, Party secretary of the newly established China Shipping International Ship management Co Ltd (CSISC). CSISC is aiming to manage several hundred ...
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PTT joins TOTAL
TOTAL Lubrifiants and Thai oil major PTT have signed a partnership agreementcovering the sales of marine lubricants to Thai ship owners and the supplyof marine lubricants in Thai ports. PTT, the largest oil company inThailand, becomes the tenth partner to join TOTAL Lubmarine's global supplynetwork. "The arrival of this important ...
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Old Cammell Laird yard sold
Reddington Finance, a leisure developer, has completed a multi million pound deal to take control of the A&P Birkenhead site and now owns all 140-acres of the former Cammell Laird yard. The company's £30m investment in acquiring the land will pave the way for a £1bn redevelopment project which aims ...
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Dubai aims to be world's largest ship repair centre
It is anticipated that by 2006 Dubai will have the world's largest ship repair capacity with Dubai Maritime City adding to facilities already provided by Dubai Dry Docks, according to Sultan Ahmed Bin Sulayem, Executive Chairman of Dubai Ports, Customs & Free Zone Corporation (PCFZ).40% of the reclamation work for ...
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Nakashima opens new propeller plant
Japan's largest marine propeller manufacturer, Nakashima Propeller, has officially unveiled plans to build a new production facility on a 58,000 m2 site which will be capable of manufacturing propellers up to 12m in diameter and up to 150 tonnes in weight. Construction of the new Tamashima factory, located in Okayama ...
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Himsen engines for Turkey
The Engine & Machinery Division of Hyundai Heavy Industries has recently secured an order from Sener Group in Turkey for the supply of one 9H25/33P HiMSEN diesel engine to be used as propulsion for a 5,850dwt chemical tanker. This contract is a follow-up from the first contract with Sener Group ...
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Alert on new pollution legislation
The Indian Register of Shipping (IRS) has alerted the shipping industry to be prepared for yet another piece of maritime legislation, the Regulations for the Prevention of Air Pollution from Ships (MARPOL 73/78, Annex VI), due to enter into force on May 19, 2005. Annex VI will apply to any ...
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Record income for Asry
Arab Shipbuilding and Repair Yard Company (Asry) reported a record operating income of $92 million for 2004, up from $87 million for last year. During the period, 130 vessels were repaired or booked for repair, most of which were very large crude-oil carriers. This impressive performance was achieved despite severe ...
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BP back in Cyprus
BP Marine is about to re-open its marine fuels business in the ports of Limassol and Larnaca, Cyprus after an absence of nearly 2 years. The bunkering facility will commence operations by mid-February 2005 will be capable of providing a 24-7 service in this key Mediterranean location. BP has introduced ...
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Aussie wrangle over naval contracts
South Australia and Western Australia joined forces yesterday in the race for $8 billion in navy shipbuilding contracts to be awarded in the next two years. Under the Australia-first deal, Perth will not compete against Adelaide in its bid to secure the $6 billion contract for the navy's three air ...
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Scott-Lithgow resurrected
ONE of the legendary names of Clyde shipbuilding, Scott-Lithgow, is to be resurrected under a new ship repair company at the Inchgreen dry dock in Port Glasgow, creating 100 jobs over the coming year. The shipbuilder ceased trading in 1993 after 23 years of decline when Scotts was merged with ...
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Future of British shipbuilding in the balance
The future of hundreds of British shipyard jobs could be decided this week when executives from Britain's leading shipbuilders meet ministry of defence officials to review the Royal Navy carrier programme.Kellogg Brown & Root, a subsidiary of controversial US defence contractor Halliburton, is expected to be appointed to the role ...
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INP gets six from Greece
INP Heavy Industries of South Korea has received an order to build six 13,000 dwt coated oil/chemical tankers from a prominent Greek shipowner. They will have a service speed of 13.4 knots and cost around $18.6 million each. The first ship will be delivered at the end of October 2006 ...
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KONE buys MacGREGOR
MacGREGOR will form the marine cargo handling division within Kone Cargotec, complementing the land-based operations of its Kalmar and Hiab divisionsKONE Corporation has bought MacGREGOR from owners Industri Kapital and Gambro AB for a debt-free price of approximately ?186 million. MacGREGOR was acquired by Gambro AB in 1994, and Industri ...
