Latest News – Page 1032

  • News

    Repairs to start on Cape Africa

    2004-05-25T00:00:00Z

    Now that the damaged 150,000DWT Capesize bulker Cape Africa has been towed into False Bay and is presently at anchor two miles off Simon?s Town in South Africa, the second phase of a salvage operation to repair the holed vessel is expected to commence on Wednesday. The repair process would ...

  • News

    ABS issues new ice class guide

    2004-05-25T00:00:00Z

    ABS offers comparative structural arrangement studies for the design of each tanker ice class designation using procedures outlined in a just released ?Guide for Non-Linear Finite Element Analysis (FEA) for Side Structures Subject to Ice Loads.?The guide is an outgrowth from ABS' work with the principal Asian shipyards developing new ...

  • News

    Buckleys launches marine corrosion monitoring kit

    2004-05-25T00:00:00Z

    The UK-based Buckleys (UVRAL), the original manufacturer of the Bathycorrometer and a leading manufacturer of specialist test equipment, has launched a ?marine survey kit? to enhance its existing underwater corrosion analysis range designed for use on marine structures including harbour jetties, oil rigs, ships and drilling platforms. The marine survey ...

  • News

    K Line orders second 300,000 dwt bulker

    2004-05-24T00:00:00Z

    Kawasaki Kisen Kaisha, (K Line) has placed an order with Universal Shipbuilding Corporation for the building of another 300,000 DWT super large ore carrier to be completed in 2009. This newbuilding is being constructed for a long-term charter with ILVA S.p.A., the largest steel mill in Italy, and will be ...

  • News

    Oshima develops remote water discharging system

    2004-05-24T00:00:00Z

    Oshima Engineering Co (OEC), a subsidiary of Oshima Shipbuilding, has developed a remote water-discharging device for the boatswain store and fore peak tank (ballast tank), which must be installed together with the water ingress alarm system on board bulk carriers. This device allows the remote control of water discharging simply ...

  • News

    ITIC Forum 2004

    2004-05-24T00:00:00Z

    FOLLOWING the success of the 2000 event, International Transport Intermediaries Club (ITIC) is holding a two-day Forum for its Members on 28-29 September, 2004. The Forum, to be held at the Dorchester Hotel, Park Lane, London W1, will look at the current challenges facing its membership which consists of ship ...

  • News

    Upsurge in vessel support service business in UAE

    2004-05-24T00:00:00Z

    Leading marine management company Inchcape Shipping Services (ISS) is continuing its ongoing investment in support services for the Middle East, having today ordered another launch vessel to be added to its growing fleet in the region.Inchcape 21, scheduled for delivery in February 2005, is the sixth new launch vessel that ...

  • News

    Aussie sub dispute ended

    2004-05-21T00:00:00Z

    Following two years of acrimonious negotiations and legal challenges, the Australian federal government and the Swedish submarine designer Kockums have resolved to settle all outstanding disputes involving the Collins-class submarines. This breakthrough removes the last obstacles to the long-awaited sale of the government-owned Australian Submarine Corporation, the Adelaide-based builder of ...

  • News

    The Pride of America to sail in 2005

    2004-05-21T00:00:00Z

    Norwegian Cruise Line (NCL) said that repairing the Pride of America cruise ship, damaged while being fitted out at the German shipyard of Lloyd Werft where it was undergoing a $340 million rebuilding contract to complete the unfinished hull, has now started. The German shipbuilder has been working on this ...

  • News

    DFDS?s fourth flower named

    2004-05-21T00:00:00Z

    The fourth Ro-Ro vessel in DFDS's current order of six new ships from German shipbuilder Flensburg Shipyard was named the Tor Begonia. The newbuilding which, according to the plan, will be delivered at the beginning of September, will sail under the Swedish flag on the AngloBridge route between Gothenburg and ...

  • News

    A new 'one-stop-shop' for training ship crews

    2004-05-19T00:00:00Z

    In April 2004, Wärtsilä signed a co-operation agreement with a maritime training academy in Turku, Finland, AB Utbildning Sydväst (Sydväst Maritime). Through this agreement Wärtsilä Land and Sea Academy (WLSA) provides accredited training courses and IMO/STCW-95 certificates will be awarded to successful graduates. This 'one-stop-shop' provides certified maritime training for ...

  • News

    Daewoo aims high

    2004-05-18T00:00:00Z

    Daewoo Shipbuilding in South Korea claims it will achieve $17 billion turnover and $2.5 billion in operating profit by 2015. Jung Seong Leep, executive president & CEO of the shipbuilder, said that turnover this year including overseas subsidiaries would be $3.8 billion and $8.4 billion in 2010. Its operating profit ...

  • News

    HHI profit down

    2004-05-18T00:00:00Z

    In the first quarter of the year, Hyundai Heavy Industries (HHI) posted $1.8 billion in sales, a 12% increase from the same period last year while it achieved $17 million. This is an 18.5% reduction in operating profit from the corresponding period last year. This decline is chiefly due to ...

  • News

    All-change for German shipbuilding

    2004-05-18T00:00:00Z

    Germany's shipbuilding sector is facing a major restructuring in the wake of plans proposed by the ThyssenKrupp group to merge its shipyard business with that of US company One Equity Partners (OEP). A new group consisting of shipyards in Germany, Sweden and Greece would emerge with a combined turnover of ...

  • News

    VT poised to capture Glasgow's last naval shipyards

    2004-05-18T00:00:00Z

    Southampton-based VT Group will confirm its interest in buying the BAE Systems' yards at Govan and Scotstoun which will spark fresh fears for the future of the 2,300 Clydeside jobs. VT?s chief executive, Paul Lester, is reportedly set to spell out in a company financial statement exactly how interested his ...

  • News

    Deteriorating fuel quality is a long term trend says Lintec

    2004-05-18T00:00:00Z

    Leading fuel testing agency Lintec saw 13.7% of all samples it tested exceed at least one parameter requirement in 2003. This represents a 4.5% increase in off-spec results over 2002. And Lintec believes that deteriorating marine fuel quality is a long-term global trend.In the latest issue of its Testing Times ...

  • News

    STX clinches four chemical tankers

    2004-05-17T00:00:00Z

    STX Shipbuilding secured an order for four 10,600DWT chemical tankers plus four options from Clipper Group Management at a total price of $140millionb for the eight vessels. Thy will measure 116.50metres long, 20metres wide, 11.70metres deep, have a speed of 13.6 knots and will be delivered during 2006. As at ...

  • News

    Hanjin HI moving

    2004-05-17T00:00:00Z

    Busan city in South Korea has officially received a request from Hanjin Heavy Industries to secure 1.22million ?u space near Busan new port. When the shipbuilder moves to its new location, the city expects that 100,000 jobs will be created.

  • News

    Norcontrol IT wins Swedish West coast VTS contract

    2004-05-14T00:00:00Z

    Norcontrol IT has been awarded a major new VTS installation contract by the Swedish Maritime Administration to supply extensive upgrades to the Swedish West coast VTS, including replacement of the existing Norcontrol VTS 5000 system of Gothenburg Port. The contract was won against competition that included all the key VTS ...

  • News

    Nakashima Propeller develops NAP propulsion system

    2004-05-14T00:00:00Z

    Nakashima Propeller in Japan has revealed details of an electric propulsion system it has developed known as the NAP or Nakashima Advanced Pop-Propeller. The NAP comprises of a vertically positioned fixed speed electric motor that employs a non-azimuthing, low-cost, high efficiency mechanical drive, two rudders, and two shafts connected ...