Latest News – Page 1017
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Piracy being reduced in Malacca Straits
Indonesia's naval commander says piracy in the Malacca Straits has decreased as a result of three-nation patrols which began in the waterway last month. In his report, Vice Admiral Didik Herupurnomo said the attacks are down from an average of nine a month to four. The joint patrols involve the ...
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KMY to build DAS Arctic boxship
MMC Norilsk Nickel in Russia and Kvaerner Masa-Yards, part of Aker Yards, have signed a newbuilding contract for one 14.500DWT arctic container vessel for operation in the Northern sea route of Russia. "Norilsk Nickel is in the process of improving its transportation logistics to secure on-time and cost efficient transportation ...
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Schat-Harding expands into Asian market
Lifeboat and davit specialist Schat-Harding has taken over the Chinese Beiyang Boatbuilding Company lifeboat manufacturing range and plant as part of a strategy to expand its market share in cargo ships built in Asian yards. The lifeboat factory, at Qingdao, currently produces a range of five models and 100 boats ...
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MES achieves record
Mitsui Engineering and Shipbuilding (MES) in Japan reports that its accumulated diesel engine production has reached 45 million bhp (33 million kW) and is the first engine manufacturer in the world to achieve this output. The engine marking this occasion is a MAN B&W 7S50MC Mark6, which will be installed ...
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Aker's EBITA on course
Aker Yards ASA reported an EBITA (Earnings Before Interest, Taxes and Depreciation) of NOK 148 million in the second quarter, which corresponds to an EBITA-margin of 4.5%. The margin so far this year is 5.2% and operations are developing according to plan, and the guidance for this year is maintained. ...
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HMM orders Panamax boxship trio
Hyundai Merchant Marine (HMM) has ordered three 4,700TEU container ships from Hyundai Heavy Industries at a total cost of $200million. Ship particulars are 294.1m long, 32.2m wide, a depth of 21.8m, speed of 25.2 knots and deliveries scheduled for April to September 2007.
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MAN B&W to power Gotland fast ferry
MAN B&W Diesel has received an order to supply 4 x 20RK280 engines to Italian ship builder Fincantieri. The Italian company has secured a contract to build a 122 metre monohull fast ferry at its Riva Trigoso facility east of Genoa. The vessel has been ordered by the largest Swedish ...
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Finnish/Swedish consortium orders Panamax pair
Concordia Maritime signed an agreement to participate on a 50/50 basis in a consortium, which will own two Panamax product tankers built to Finnish/Swedish ice class 1A specifications and ordered by Concordia Maritime.A 10-year time-charter agreement has been signed with the Finnish energy group Fortum. The vessels, which will be ...
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Keel-laying for Fairmount?s super tugs
A keel-laying ceremony took place at Niigata Shipbuilders, Japan, on August 20 for Fairmount Sherpa and Fairmount Summit, two large tugs ordered by Rotterdam-based towage and heavy transportation specialists Fairmount Marine.The two anchorhandling/salvage/long distance towing vessels ordered by Fairmount are the most powerful tugs built under the Dutch flag. Fairmount ...
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LNG bonanza for Korean shipbuilders
A number of South Korean shipbuilders are currently holding discussions with ExxonMobil on a multi-billion dollar deal to build liquefied natural gas (LNG) carriers for the global energy giant. Exxon has been looking for suppliers of 28 LNG carriers worth $4billion over the next three years. Hyundai Heavy Industries, the ...
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Aker gets another PSV order from DOF ASA
Norway-based DOF ASA has confirmed the conditional contract to build an MT 6009 Platform Supply Vessel (PSV) at Aker Brattvaag, a company in the Aker Yards Group. The contract is worth approximately $20 million and delivery is scheduled for the second half of 2005.The MT 6009 is one of a ...
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HAL installs net cutter system
Holland America Line (HAL) has installed Spurs Marine?s line and net cutter system on both cp propellers of its cruise ship Volendam. This follows a similar installation on the sister vessel Veendam in May, this year. HAL has told Spurs Marine that it intends to install the cutter system on ...
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NYK to transport Nigerian LNG
NYK has concluded a long-term charter agreement for two 149,600 cubic metre membrane type LNG carriers with Nigeria LNG Limited and a shipbuilding contract for the new gas carriers with Samsung Heavy Industries. This is the first move for the NYK's LNG Group to conduct business in Nigeria. Moreover, NYK ...
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Bharati bags GE Shipping order
Bharati Shipyard, Mumbai, one of leading private owned shipyards in India, received a repeat order for two 80 tonne bollard pull anchor handling tug supply vessels (AHTS) from the Great Eastern Shipping Company(GE Shipping). Last year, GE Shipping had placed orders for two 120 tonne and two 80 tonne AHTSs ...
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Ferry returns to service
Pont-Aven, Brittany Ferries? $180 million flagship, returned to service today, nearly a fortnight after a fault left it stranded in a UK port. The problem arose from a cracked cooling valve resulting in 1,200 tonnes of seawater flooding the engine room.Following repairs in Brest, France, the ship today set sail ...
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China Shipping to expand VLCC fleet
China Shipping Group is considering buying six to eight VLCCs within the next two years. The state-run company expects to take delivery of the first of its 300,000dwt tankers in November, the newspaper reported. According to China Shipping?s president, Sun Zhitang, the company plans to order a further 15 VLCCs ...
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Port Weller dry-dock gets $30M contract
Canada Steamship Lines (CSL) has awarded a $30 million contract for vessel repairs to be done at the Port Weller Dry Docks in Canada?s Niagara region. The project involves the forebody replacement and steel renewal of the bulk carrier Jean Parisien and the work will be carried out by Canadian ...
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ME success continues
Just over a year after Hudong Heavy Machinery Company (HHM) in Shanghaipresented the first Chinese-built 80 cm bore MC engine, they can now claim the distinction of having the first ME orders in China. Also, Izar MDE in Spain has received ME orders this month.HHM has received orders for 10 ...
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Volvo Penta launches new marine diesel engines
Volvo Penta is continuing with the renewal of its product range which will include the D9 diesel engine and high-performance versions of the new generation medium-heavy D4/D6 diesel engines introduced by Volvo Penta in 2003.The D9, which is being launched in 500-hp and 575-hp versions, is an inline six-cylinder marine ...
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TCR, the next generation
Following the successful introduction of the TCA axial turbocharger two years ago, MAN B&W Diesel Group has expanded the range to include a completely new radial turbocharger. The TCR turbocharger will replace the current NR series which has been in production for nearly 50 years culminating in the current NR/S ...
