Latest News – Page 1019

  • News

    Norshipco hopes layoffs are temporary

    2004-08-12T00:00:00Z

    Norshipco shipyard in Norfolk, Virginia, part of the United States Marine Repair, America's leading non-nuclear ship repair and conversion company, will lay off 400 people in what the shipyard hopes will be a short-term economic move. Company officials say that, for the first time in years, there's hardly any ship ...

  • News

    Armaris and IZAR assist Australia with new warships

    2004-08-11T00:00:00Z

    French shipbuilding group Armaris and Spanish shipbuilding group IZAR will be asked to participate in a funded risk reduction and design study for the Royal Australian Navy's two new amphibious vessels. Defence minister Robert Hill said the study was a further step towards the selection of a new amphibious ship ...

  • News

    Four countries interested in joining Straits patrol

    2004-08-11T00:00:00Z

    Four more countries have expressed an interest in joining the coordinated patrols launched recently by Indonesia, Malaysia and Singapore to stamp out piracy in the Straits of Malacca. The countries in question are fellow members of Asean, i.e. the Philippines, Thailand and Brunei, as well as Asean Regional Forum partner ...

  • News

    HHI enters submarine market

    2004-08-11T00:00:00Z

    Hyundai Heavy Industries in Korea signed a contract to build the first of three 7,000 tonne submarines for the Korean Navy for delivery late 2008. Vessel particulars are 165.9m long, 21m wide, a draught of 6.25m and a speed of 30 knots.

  • News

    European MOU recognises BV performance

    2004-08-11T00:00:00Z

    Classification society Bureau Veritas has been named as one of the three best performing classification societies in the world, based on Port State Control statistics from the Paris MOU.This year is the first in which the Paris MOU has adopted a performance ranking of classification societies. The ranking is based ...

  • News

    First Ulstein design to be built abroad

    2004-08-11T00:00:00Z

    Solstad Offshore of Norway has signed a Letter of Intent with Merwede Shipyard regarding the building of an ULSTEIN P105 platform supply vessel. The Dutch shipyard has in connection with this order signed a contract with reservations with Ulstein Design AS regarding the delivery of a design and equipment package ...

  • News

    Singapore wants ISPS to apply to smaller vessels

    2004-08-10T00:00:00Z

    Singapore's Transport Minister, Yeo Cheow Tong, says that the ISPS Code, which applies to cargo ships of 500 gross tonnage and upwards, must extend to smaller vessels which, potentially, pose a serious maritime threat. Many in the shipping industry believe that the security threat comes from smaller vessels particularly given ...

  • News

    MoD plans UK shipbuilding blueprint

    2004-08-10T00:00:00Z

    The future of Britain?s beleaguered shipbuilding industry is to be decided by a Ministry of Defence study that will determine the placement of billions of pounds worth of naval orders. The investigation was ordered by the defence secretary after concerted pressure from shipbuilders, who fear the industry could be crippled ...

  • News

    Korean shipbuilders see profit margins fall

    2004-08-10T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSMA) will be reporting that its second-quarter profit will fall by 21% because of rising steel prices. DSME?s announcement will be followed by others from Korean shipbuilders since the price of steel plates, about 18% of a shipbuilder's costs, rose as much as 70% this ...

  • News

    QinetiQ acquires HVR

    2004-08-10T00:00:00Z

    QinetiQ, Europe's largest science and technology organisation, has announced its acquisition of UK-based consulting organisation HVR Consulting Services Limited (HVR). HVR, which, since 1983, has provided technical and management consultancy to the UK defence sector, will continue to operate autonomously under its existing management team, and will retain its name ...

  • News

    Lockheed Martin signs SSN to build quartet

    2004-08-10T00:00:00Z

    The US based aeronautics defence contractor Lockheed Martin signed up state-owned Polish shipbuilder Stocznia Szczecinska Nowa (SSN) to build four ships by 2008 as part of an offset deal concerning Poland?s purchase of US F-16 fighter jets. In the first stage of the project, SSN will build two container ships ...

  • News

    Namura boosting output

    2004-08-06T00:00:00Z

    Namura Shipbuilding in Japan plans to invest around $54 million at its Imari shipyard to boost its annual newbuilding capacity by up to 50% by the end of 2005. The plan includes the introduction of a new 800 tonne goliath crane, which will increase productivity by reducing the number of ...

  • News

    Dozens vie for stake in CSC

    2004-08-06T00:00:00Z

    Dozens of foreign and Taiwanese companies, including Lockheed Martin and Detyens Shipyards of the US, and BAE of the UK, are looking to buy a stake in China Shipbuilding Corp (CSC) which wants to be privatised before 2009. The state-run CSC is the country's largest shipyard and has built container ...

  • News

    Wynn Marine to launch advanced new window wiper and control systems

    2004-08-06T00:00:00Z

    Wynstruments, now merged with B. Hepworth & Co, will launch an updatedversions of its best-selling ?straight line? window wiper and a brand newdigital control system at the SMM 2004 exhibition.The Type D MKIV Straight line wiper is based on the highly successful Type D MKIII wiper. In this case the ...

  • News

    B.C. shipyards being considered for smaller ferry

    2004-08-06T00:00:00Z

    Following the recent announcement by B.C. Ferries in Canada that two European ferry builders, Flensburger Schiffbau of Germany and Aker Finnyards of Finland, are bidding for the $380million contract to build two new ferries, David Hahn, president and CEO of B.C. Ferries, said that local shipyards are in the running ...

  • News

    Zebra batteries to power submarine rescue vehicle

    2004-08-06T00:00:00Z

    The Rolls-Royce ?zebra? battery has won its first order to power the submarine rescue vehicle (SRV) which forms a vital part of he NATO Submarine Rescue System. Eight ?zebra? batteries each with the energy of 17kWh will propel and power the SRV which will be able to raise up to ...

  • News

    MT30 completes US Navy milestone

    2004-08-06T00:00:00Z

    The Rolls-Royce MT30 marine gas turbine engine has completed another major development milestone required for operation by the US Navy by successfully carrying out endurance test running for American Bureau of Shipping (ABS) certification. The 36MW marine gas turbine is already well positioned for two leading-edge US Navy programmes having ...

  • News

    MOL to transport equipment for Russian gas project

    2004-08-06T00:00:00Z

    The Japanese shipping company, MOL, has received the main contract from Chiyotec Limited to handle all Asia-based transport of equipment for the LNG/OET(Oil Export Terminal) part of the Sakhalin II Project. This will be Russia?s first liquefied natural gas (LNG) project and also the world?s largest.The plant will produce 9.6 ...

  • News

    Port Qasim bans anything older than 20

    2004-08-04T00:00:00Z

    INTERTANKO has just received notification today that following a port meeting on the 16 June 2004, the Port of Qasim Authority (PQA) in Pakistan has decided not to accept vessels more than 20 years old for berthing at the port, with effect from 1 January 2005. It is also stated ...

  • News

    Future of lower Clyde shipbuilding looks bleak

    2004-08-04T00:00:00Z

    The last independent yard on the Lower Clyde has warned that shipbuilding there could come to an end as it launched its latest vessel today. Ferguson?s lost out on a £40 million contract for the UK's Environmental Research Council to a Norwegian company. They say that unless further orders are ...