Latest News – Page 1020
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Austal's new image
Austal, a name associated worldwide with aluminium vessels of the highest quality, will now also be directly associated with the world?s best designed and built live-aboard vessels. This follows the shipbuilder?s decision to unite marketing of all its products under the Austal name. Previously the live-aboards for the dive and ...
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MOL launches state of the art car carrier
Mitsubishi Heavy Industries in Japan has launched the 60,200 gt car carrier Utopia Ace, the first of 12 carriers that will be delivered to MOL by March 2007. The Utopia Ace features advanced technologies such as a double-hulled fuel tank that reduces the risk of oil spills and a hull ...
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Hornbeck Offshore exercises barge option
Hornbeck Offshore Services, announced today that its wholly-owned subsidiary, Hornbeck Offshore Transportation (HOT), has exercised the second of its three fixed-price shipyard options for the construction of one additional 110,000-barrel double-hulled tank barge. The vessel, which will be constructed by Manitowoc Marine Group, is expected to be delivered during the ...
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Dutch shipyard challenges Kiwi decision
Dutch shipbuilder Schelde Marinebouw, part of the Damen Shipyads Group, says it has filed a legal claim seeking to overturn a decision by the New Zealand government's to award Australian firm Tenix a contract to build seven new ships for its navy. Schelde said it had lodged a claim in ...
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Cool fuel cells
A new kind of power source is being developed at the University of Houston that is so small yet so efficient it could make traditional power plants obsolete while greatly reducing the cost of electricity. The source is a so-called ?cool? fuel cell, officially known as thin film solid oxide ...
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Fairbanks to power LCS warship
Fairbanks Morse Engine, an EnPro Industries company, has been selected by the Lockheed Martin Littoral Combat Ship (LCS) team to supply 16-cylinder PA6B sequentially turbocharged (STC) diesel engines for the lead ship in the LCS program, the latest generation of U.S. Navy warships. The PA6B STC is a state of ...
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Ulstein wins large newbuilding contract
Ulstein Verft AS in Norway is to build a construction vessel for Solstad/SBM, ajoint-venture company owned by Solstad and the Monaco based Single Buoy Moorings(SBM) group. The project is one of the largest single projects the shipyard hasgained to date both in terms of weight and size and is worth ...
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Bank helps finance Vinashin
A $200 million credit agreement to expand and upgrade Vinashin's shipbuilding yards has been signed between the Vietnam Shipbuilding Industry Corporation (Vinashin) and Fortis Bank. Under the agreement, the Belgian bank will finance Vinashin's projects in the form of export credits with common clauses of terms, interest rates and insurance ...
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Alaskan yard looks for state help
Alaska Ship and Drydock, the operator of the Ketchikan Shipyard in Alaska, hopes to expand its facilities by obtaining substantial new federal funding, about $54 million, and other government participation for new infrastructure. Conceived when the state decided to appropriate £30 million in the 1970s for the facility, the shipyard ...
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Izar to be split
The Spanish government has allegedly decided to divide the Izar state shipbuilding group into two. What the government is aiming to do with this move, which has come in for severe criticism from the government of the Basque Autonomous Community (BAC) and the trade unions, is to set up a ...
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Hamworthy pumps serve P-Max tankers
Hamworthy?s first major contract for its new Svaneh?j CKL 300 electric-drive deepwell cargo pump is for a series of six 49,900 dwt Stena P-MAX tankers, which are the largest products carriers yet supplied by the companyHamworthy is supplying its new deepwell cargo pump to six products tankers being built to ...
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Evergreen goes for 9,000-TEU-class newbuildings
The Taiwanese Evergreen Group has decided to have the loading capacity of its next-generation B-type containerships upgraded to more than 9,000 TEUs instead of 8,000 TEUs as earlier planned. An Evergreen official said that the decision is primarily aimed at enhancing investment efficiency. Initially, 20 B-type newbuildings will be ordered ...
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Maersk plans 11,000 TEU newbuildings
The Danish shipping group of A P Moller is rumoured to be considering the construction of the world?s largest container ships with a carrying capacity approaching 11,000 TEU. This news is linked to a report that Hyundai Heavy Industries has apparently received an order for an 80,080kW 14-cylinder K98 engine ...
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Hamworthy announces intention to float on AIM
Hamworthy KSE Group Limited, shortly to be renamed Hamworthy plc ("Hamworthy" or "the Group"), a world leader in the design and manufacture of innovative marine and offshore fluid handling systems focused on gas handling, pumping and wastewater management, intends to seek admission of its shares to trading on the Alternative ...
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IMO's work on security continues
IMO's $2.5 million Global Programme on Maritime and Port Security, which began in January 2002, will not stop on 1 July 2004, the international deadline for implementation of the maritime security measures adopted by IMO in December 2002, the Organization's Technical Co-operation Committee was told when it opened its 54th ...
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DNS clinches two more boxships
China Shipping Group placed an order for two more 4,250TEU container ships with Dalian New Shipyard. CSG now has nine boxships on order with this Chinese shipbuilder.
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Korean shipbuilders face another steel price hike
Korean shipbuilders are facing another steel price hike of imported thick steel plate from Japanese steel makers. Japan is seeking a $200 per tonne increase in the price of thick steel plates from fourth quarter this year and first quarter next year. Imported thick steel prices from Japan to Korea ...
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Hyundai orders buoyant
Hyundai Heavy Industries, the world's largest shipbuilder, said that new orders across the board jumped to $8.33 billion during the first half of this year. This exceeds the initial target of $4.5 billion by 81% for the six months to June.Ship orders alone totaled $5.41 billion in value, comprising the ...
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Canada goes green with biodiesel
Partners in the BioMer project announced a $563,000 project to demonstrate that biodiesel is a viable alternative fuel for river cruise ships. The project, which runs from June to October, will test the use of pure biodiesel (B100) as a fuel supply for a fleet of various types and sizes ...
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EU delaying Gdynia Shipyard decision
The restructuring plans for the Gdynia Shipyard Group in Poland faces delays as the EU commission in Brussels is purportedly dragging its feetTwo earlier schemes have already been aborted because the company was unable to implement them. Now the EU Commission is delaying its approval of the document and it ...