Latest News – Page 1020

  • News

    Austal's new image

    2004-08-04T00:00:00Z

    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 ...

  • News

    MOL launches state of the art car carrier

    2004-08-04T00:00:00Z

    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 ...

  • News

    Hornbeck Offshore exercises barge option

    2004-08-03T00:00:00Z

    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 ...

  • News

    Dutch shipyard challenges Kiwi decision

    2004-08-03T00:00:00Z

    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 ...

  • News

    Cool fuel cells

    2004-08-03T00:00:00Z

    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 ...

  • News

    Fairbanks to power LCS warship

    2004-08-03T00:00:00Z

    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 ...

  • News

    Ulstein wins large newbuilding contract

    2004-08-03T00:00:00Z

    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 ...

  • News

    Bank helps finance Vinashin

    2004-08-02T00:00:00Z

    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 ...

  • News

    Alaskan yard looks for state help

    2004-08-02T00:00:00Z

    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 ...

  • News

    Izar to be split

    2004-08-02T00:00:00Z

    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 ...

  • News

    Hamworthy pumps serve P-Max tankers

    2004-08-02T00:00:00Z

    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 ...

  • News

    Evergreen goes for 9,000-TEU-class newbuildings

    2004-08-02T00:00:00Z

    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 ...

  • News

    Maersk plans 11,000 TEU newbuildings

    2004-08-02T00:00:00Z

    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 ...

  • News

    Hamworthy announces intention to float on AIM

    2004-07-30T00:00:00Z

    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 ...

  • News

    IMO's work on security continues

    2004-07-30T00:00:00Z

    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 ...

  • News

    DNS clinches two more boxships

    2004-07-29T00:00:00Z

    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.

  • News

    Korean shipbuilders face another steel price hike

    2004-07-29T00:00:00Z

    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 ...

  • News

    Hyundai orders buoyant

    2004-07-29T00:00:00Z

    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 ...

  • News

    Canada goes green with biodiesel

    2004-07-29T00:00:00Z

    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 ...

  • News

    EU delaying Gdynia Shipyard decision

    2004-07-29T00:00:00Z

    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 ...