Latest News – Page 1022
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LR Asia wins largest order yet in China
Lloyd?s Register Asia has signed a contract with Dalian New Shipbuilding Heavy Industry (DNS) for its single biggest order in China to date comprising of 17 ships (seven VLCCs and 10 container ships), representing a total of over 1,500,000 gt. The contract was signed by Richard Hu, Director of the ...
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Daihatsu launches DC-32
Daihatsu has launched the DC-32, a new medium speed engine, with a strong environmental bias based on improved fuel efficiency and lower emissions levels. The new engine was developed around the same design concept as its smaller predecessor, the DC-17 engine, which was introduced in October 2001, and distinguished by ...
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HHI to hike basic wage
Management and labour union at Hyundai Heavy Industries tentatively agreed a wage hike and other working condition, the shipbuilder announced today. Both sides agreed to increase basic wage of W 83,000, a 200% bonus per year, and W 1 million allocated for productivity increases. Management of HHI will also ensure ...
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Kvaerner Philadelphia ready to christen ship number two
Kvaerner Philadelphia Shipyard (KPS) will be christening its second newbuilding later this week. The boxship is being built for Matson Navigation and will be named Maunawili, which means ?winding mountain?. Last summer, KPS delivered the first container ship in the series, Manukai, which is operating on the company?s route between ...
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Technology gap between Korea, China and Japan shrinking
The Korea Development Bank has disclosed that the current technical level of China falls behind that of Korea by 3.8 years and that of Japan is ahead that of Korea by 2.2 years. These results were derived from a questionnaire survey of 497 major industrial clients of the state bank. ...
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Hyundai and Daewoo poised to win Kuwaiti order
Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering are in line to win as many as seven tanker orders from Kuwait, which plans to spend more than $525 million to renew its fleet. Kuwait Oil Tankers (KOT), a subsidiary of state-owned Kuwait Petroleum, is currently negotiating with Daewoo and ...
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Cosco orders another pair of VLCCs
China Ocean Shipping (Cosco) has ordered two more VLCC tankers to be delivered by 2007 in order to cope with China?s soaring oil imports. The VLCCs, each with a carrying capability of about two million barrels, will be built by Universal Shipbuilding in Japan. Cosco will own 15 VLCCs by ...
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More than half of Philippines? ports ISPS compliant
At least 60% of ports in the Philippines currently handling various international vessels have properly complied with the international ship and port facility security (ISPS) code which was enforced beginning last July 1. According to Sheryl Santos, policy officer of the Department of Trade and Industry?s Export Development Council (EDC), ...
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Cape Africa in Cape Town for repairs
The holed bulk carrier Cape Africa was towed into Cape Town harbour yesterday to be berthed at the repair quay. This follows the completion of the bulk carrier?s cargo lightening operation with the specialised lightening vessel Bandar en route to Saldanha Bay to discharge its final load of iron ore ...
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FASC signs collaboration agreement with Mitsui
First American Scientific Corp. (FASC) has signed an agreement with Mitsui Engineering and Shipbuilding (MES). The Japanese shipbuilder will conduct a feasibility study into the marketability of the KDS Micronex System in Japan and evaluate the opportunity of venturing into a licensing agreement to introduce the technology to the Japanese ...
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Malacca patrol pact close to being signed
Top military commanders of Indonesia, Singapore and Malaysia are scheduled to meet on July 20 in Batam, Indonesia, to sign an agreement on security patrols in the Strait of Malacca. Under the agreement, the three neighbouring countries would take turns carrying out year-round naval patrols in the strait to combat ...
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Spill-free year in Alaska
For the first time since oil began flowing down the transalaska pipeline in 1977, tankers carrying the crude to refineries in the continental United States went a full year without spilling any into the water. Officials cited better regulation, vigilance and equipment in Prince William Sound, site of the nation's ...
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BAE still pondering sale of shipbuilding arm
Mike Turner, chief executive of BAE Systems, said recently his company was still considering selling its shipbuilding operations because they remained unprofitable and had a negative impact on the company's share price.BAE acknowledged in April that it was "reviewing its options" in its shipyards business although there has been speculation ...
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GL takes top places in PSC results
In the most recent multi-year port state control (PSC) ship inspection statistics, which have just been published, Germanischer Lloyd (GL) achieved the best results of all the classification societies.In the new results, which cover the period 2001-2003, the Paris Memorandum of Understanding (MOU) on PSC has compared the number of ...
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CSSC seeks foreign capital
China State Ship-building Corp (CSSC) is planning to spend $1.2 billion on the first phase to build the world?s largest shipyard on the island of Changxing in the Yangtze River off Shanghai. To fund this massive project, CSSC is seeking foreign capital but the sheer scale of the project is ...
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Chinese shipbuilder in tanker bonanza
During the first half of this year tanker owners placed orders for oil tankers totalling 5.3 million DWT with China Shipbuilding Industry (CSIC) on the strength of an increase in global oil production. Orders for the first six months this year have already exceeded the 2003 total order intake of ...
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INP nets two plus two chemical tankers
INP Heavy Industries in South Korea has secured a contract for two plus two 10,000DWT stainless steel chemical tankers from a UK ship owner. First ship will be delivered in March 2006 and the others in four monthly intervals. With a service speed of 14 knots, these ice class 1A ...
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Nothing much to report
July the first has arrived and gone without the mass ship detentions predicted. However, a number of people that The Motor Ship has spoken to are surprised. "Where have all the ships gone," asks Andy Mitchell manager of Lloyd?s Register?s marine management systems? "They don?t seem to be where there ...
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C-MAP electronic charts obtain ISO certification
C-MAP is the first company to have an electronic chart database tested and approved in accordance with the ISO 19379 standard. This is an important step towards offering high quality and certified vector chart data for ECS and ECDIS use and the ISO certification is for its CM-93/3 electronic chart ...
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Enpaco and Kosaka sign technical cooperation
Enpaco Corp in South Korea, an affiliate of STX, signed a technical cooperation agreement with Kosaka in Japan for cargo oil pump system for ship. With this latest agreement, Enpaco, which produces equipment for diesel engine, will expand its business into marine equipment.
