Latest News – Page 1029
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ABS to class new breed of U.S. Navy warship
ABS announced it will be classing the U.S. Navy?s new breed of warship, the Littoral Combat Ship (LCS), by applying technical Rules and standards established in its newly developed Naval Vessel Rules. As a small specialized member of the future surface combat family of ships, LCS complements the capabilities of ...
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ABS issues Guidance Notes on Propulsion Shafting Alignment
Larger ships, driven by the latest generation of very high-powered diesel engines, are particularly susceptible to alignment problems on the bearings supporting the propulsion shafting as well as the main engine bearings. Hull girder deflection is one of the major reasons for the increased number of propulsion shafting and the ...
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K Line orders third ULOC
Kawasaki Kisen Kaisha.(K Line) has placed an order with Universal Shipbuilding Corporation for the building of another 300,000DWT ultra large ore carrier (ULOC) to be completed in 2009. This latest newbuilding, with a length of 330 metres and a 55 metre beam, was ordered for a long-term voyage charter with ...
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New licence contract for TCA turbochargers
Enpaco Corporation in Changwon, Republic of Korea, will manufacture the new TCA turbocharger model for MAN B&W Diesel under licence. The persons in charge have now signed a corresponding contract with a term of 10 years. After Japanese Mitsui Engineering & Shipbuilding, Enpaco is the second licensee for this new ...
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BAE scuppers shipyard sale
BAE Systems now appears unlikely to sell its shipyards after the company's surprising cash bid for Alvis, Britain's last independent tank maker. Sources close to Britain's biggest defence contractor said the sale of the shipbuilding business, i.e. two yards at Govan and Scotstoun in Glasgow and one at Barrow-in-Furness, was ...
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South Korean companies urged to invest in North
South Korean companies looking to cut costs by moving factories to China or Vietnam should consider investing in North Korea, said Park Seung, governor of South Korea's central bank. "The hollowing-out of Korea's manufacturing sector is now proceeding at a very fast pace," Park said in the text of a ...
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Austal starts construction of Hawaii high speed cats
Austal has started the construction work at its Austal USA shipyard on the first of two 105 metre vehicle-passenger ferries for which a contract, subject only to finance, has been signed with US company Hawaii Superferry (HSF). The company plans to use the Austal cats to establish Hawaii's first high ...
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Hanjin HI to up output
Shipbuilding division of Hanjin Heavy Industries plans to increase turnover from $860million in 2005 to $1.3billion in 2007. To achieve this, the Busan-based shipbuilder will introduce a 3,000 tonne lifting crane later this year and introduce a floating dock in 2006. In 2007, it will introduce new shipbuilding technology to ...
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Management focus change for Hyundai Samho
Hyundai Samho Shipyard (HSS) is changing its management system to focus on productivity increase and cost reduction as a result of the deteriorating trading conditions in the wake of steep price rises in steel and oil. Profitability has further deteriorated due to the strengthening Korean currency.
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HHI signs MOU for block shop
Hyundai Heavy Industries and Pohang City have signed a MOU for building a block shop at a cost of $172 million. The location of the 240 acre site is near Pohang New Port and the first stage will involve developing 24 acres requiring an investment of $26 million. When completed, ...
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Greek owners back RINA Hellenic committee
High profile Greek shipowners have backed a move by Italy-based classification society RINA to expand its presence in Greece. Nineteen representatives of the Hellenic shipping community have joined RINA?s newly-reformed Hellenic committee.Ugo Salerno, ceo of RINA, told the inaugural meeting on May 27 that this Committee will create a vital ...
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VTMD supplies ride control system for fast patrol boats
Leading ride control specialist VT Maritime Dynamics (VTMD), part of the UK support services and shipbuilding company VT Group, has won the contract to supply the stabilisation systems for the advanced Skjold-Class fast patrol boats being built for the Royal Norwegian Navy.The US-based company supplied and fitted the ride control ...
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Cape Africa repairs hit snag
Smit Salvage has temporarily abandoned attempts to fit the 65 tonne steel cofferdam over the hole in the damaged Capesize bulk carrier Cape Africa. The joint response committee, which is overseeing the salvage, said in a statement that the cofferdam was transferred from the barge Niord on Tuesday and held ...
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Wärtsilä's Chinese propeller company started production
The joint venture company set up by Wärtsilä and CSSC (China State Shipbuilding Corporation) in China to design, manufacture and deliver fixed pitch propeller (FPP) packages has officially started operating at the beginning of June 2004. The new company, called Wärtsilä-CME Zhenjiang Propeller Co. Ltd, is 55% owned by Wärtsilä ...
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IBIA welcomes Annex VI, but warns industry to prepare
The International Bunker Industry Association (IBIA) has welcomed the ratification of MARPOL Annex VI, but warns shipowners and bunker suppliers they need to act now if they are to meet with new low-sulphur requirements in bunker fuel. Shipowners and suppliers in North Europe will be particularly affected. Annex VI to ...
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Korea to maintain top spot until 2015
Korea is likely to remain the world?s leading shipbuilding country until at least 2015 with a 40% market share according to Ms. Hong Sung In, a research fellow of Korea Institute for Industrial Economics & Trade. Hong said that Japan would take 30% of the market, China 20% and Europe ...
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Korean shipping companies to build 95 bulk carrier by 2016
Plans to build 95 bulk carriers by 2016 were revealed at a recent meeting between Korean Shipowners? Association and Korea Shipbuilders Association. The two associations discussed proposals to build dedicated vessels for Korea Electric Power Co and Posco. The shipowners? association asked shipbuilders to reserve berth space for the ...
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Shipowners battle for Shell LNG carrier order
Russia's largest shipper by tanker capacity, Sovcomflot, is competing with Korean and Japanese shipping companies for a $350 million order from Royal Dutch/Shell's Russian venture to ship liquefied natural gas.Sovcomflot is bidding with Nippon Yusen KK, Japan's largest shipping line, to build two LNG tankers to transport gas from Shell's ...
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GL rules and regulations update via e-mail
Germanischer Lloyd (GL) has launched a topical new e-mail newsletter called ?GL-Infomail? to keep its customers up to date on new and revised regulations, interpretations and information about IMO, IACS and GL guidelines and rules.The service, which commences with immediate effect, has been introduced by GL in response to requests ...
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Lean and clean marine gas engines launched
Rolls-Royce?s two new lean, clean and mean marine gas engines provide a power range from 1MW to 8.5MWDesigned and manufactured at Rolls-Royce?s Bergen facility in Norway, the K and B series of gas fuelled engines were recently introduced to the marine market in order to meet the increasingly tough low ...
