Latest News – Page 1035

  • News

    UK government to block submarine yard sale

    2004-04-30T00:00:00Z

    Worried about national security, the UK government appears to be adamant that BAE Systems' sale of its shipbuilding arm should not include its submarine yard at Barrow in Furness. The Ministry of Defence (MoD) is reportedly concerned over a change of control of Britain's only nuclear submarine builder which is ...

  • News

    CSSC seeks Japanese allies

    2004-04-30T00:00:00Z

    China State Shipbuilding Corporation (CSSC), China?s largest shipbuilding group, is seeking further exchanges and co-operation with Japanese shipbuilders to meet the growing demand for newbuildings from foreign and domestic shipping companies. Speaking at the biennial Sea Japan International Maritime Exhibition and Conference, CSSC president Chen Xiaojin said "Known as one ...

  • News

    ABS update on Cape Africa

    2004-04-30T00:00:00Z

    The 149,535DWT bulk carrier Cape Africa has encountered difficulties off South Africa while on passage with a cargo of iron ore. The 1991 built vessel is owned by U Ming Transport, is registered in Taiwan and is dual classed by China Corporation Register of Shipping and ABS. At owner?s request, ...

  • News

    Kooren orders two ?rotor? tugs

    2004-04-30T00:00:00Z

    Kooren Shipbuilding and Trading has ordered two RT-60 class ?rotor? tugs to be built at ASL Shipyard in Singapore. The tugs will have a bollard pull capacity in excess of 63 tonnes and delivery will take place during April 2005. Both tugs will be powered by three 1,350kW Niigata 6L25 ...

  • News

    World's largest common-rail engine

    2004-04-29T00:00:00Z

    The first Sulzer RT-flex96C low-speed marine engine has successfully completed its official shop test at HSD Engine in Korea. With an output of 45,760 kW, this is the largest engine to employ common-rail systems for fuel injection and valve actuation. Developed by Wärtsilä Corporation, Sulzer RT-flex engines are the most ...

  • News

    Samho drawing delivery system goes on-line

    2004-04-29T00:00:00Z

    Hyundai Samho Shipyard in South Korea has established an on-line drawing delivery system that makes it possible to send all design drawings on-line. The shipbuilder estimates that the system can create an annual saving of $340,000. Under the old system, the shipbuilder said that it took two to three days ...

  • News

    Steel prices affecting Keppel

    2004-04-29T00:00:00Z

    Singapore?s Keppel Corp, the world's biggest builder of shallow-water oil rigs, has had to raise prices for its oil rigs and ships this year as rising steel prices impacted on its raw material costs. Steel prices have surged around 30% since late last year, fueled by China's fast-growing economy.Rig prices ...

  • News

    ISMA on track for Security

    2004-04-29T00:00:00Z

    ?Contrary to indicators elsewhere across industry ISMA (International Ship Managers? Association) members will comfortably meet the deadlines imposed by IMO, flag states and national governments to comply with the demands of the ISPS Code?. This is the assertion made by Rajaish Bajpaee, President of ISMA speaking at the CMA 2004 ...

  • News

    UMC introduces innovative external shaft sealing system

    2004-04-29T00:00:00Z

    UMC International recently designed and applied an innovative underwater temporary shaft sealing system, which allowed the British Ministry of Defence (MoD) to successfully undertake afloat modifications to the design of the inboard shaft seal system fitted to the Royal Navy?s amphibious assault ship, HMS Ocean. UMC?s innovative solution allowed the ...

  • News

    To build or not to build in Canada ? that is the $1.5billion dollar question

    2004-04-29T00:00:00Z

    Despite assurances from the Canadian government, local shipbuilders and unions fear that a combination of politics and timing will send the $1.5billion order for three navy supply ships to foreign yards. This would leave thousands of workers unemployed and create an embarrassing situation for the federal government.The federal department of ...

  • News

    Daesun signs feeder pair

    2004-04-28T00:00:00Z

    Daesun Shipbuilding in South Korea signed a contract with the German Zweite Unitas Schiffahrts company for two 1,043TEU feeders at a price of $33.7 million. Delivery is for December 2005 and March 2006.

  • News

    Flags must take lead role in flag/class partnerships

    2004-04-28T00:00:00Z

    While the new spirit of cooperation that exists between the parties responsible for maritime safety, including flag states and class societies, is to be applauded, it is time for targeted, concrete action to be taken. Speaking at the Mare Forum USA 2004 meeting in New York today (April 26), Dr ...

  • News

    GL relaunches website

    2004-04-28T00:00:00Z

    Germanischer Lloyd has completely revised its website - www.gl-group.com - and posted it with a new design on the Internet. The redesigned Internet portal offers clearer, faster and even more informative services.The number of times the classification society¹s website has been accessed by customers and business partners has tripled over ...

  • News

    MES engine production in 2003 achieves record high

    2004-04-28T00:00:00Z

    Mitsui Engineering & Shipbuilding reported that its engine production in 2003 was a record high. The company produced 125 engines of 2.57 million bhp last year, breaking the previous record of 122 engines of 2.53 million in 2002. The Japanese company forecast that this year?s production will set a new ...

  • News

    China Shipping active in newbuilding market

    2004-04-27T00:00:00Z

    The China Shipping group has approved plans by wholly owned subsidiary, China Shipping Development (HK) Marine, to order two 42,000DWT oil tankers from Guangzhou Shipyard International at a cost of $57 million. These tankers will be used for transporting crude and refined oil and are expected to begin operations in ...

  • News

    Maersk exercises DNS option

    2004-04-27T00:00:00Z

    Dalian New Shipyard (DNS) in China secured another 308,000DWT VLCC from A.P. Moller-Maersk Group with the delivery slated for October 2007. This latest new order is an option declaration from the Danish ship owner which placed three plus three options in January this year. The latest option is the fourth ...

  • News

    BG declares options for LNG quartet

    2004-04-27T00:00:00Z

    UK-based BG Group has exercised its options with Samsung Heavy Industries of Korea for the delivery of four new LNG carriers. The 145,000 cubic-metre ships are scheduled to be delivered in 2007 and 2008 and the total contract value is $620 million. Martin Houston, Executive VP and Managing Director, North ...

  • News

    HHI manufactures world?s largest propeller

    2004-04-27T00:00:00Z

    Hyundai Heavy Industries manufactured the largest propeller in the world for installation on a 7,800TEU container ship ordered by Conti in Germany. The propeller, weighing 106.3 tonnes, has a diameter of 9.10 metres and circumference of 29 metres. The South Korean shipbuilder will manufacture similar sized propellers for the other ...

  • News

    Super yacht wipers from Wynn Marine

    2004-04-27T00:00:00Z

    Amels Shipyard in Holland has installed a Wynn Marine wiper system for the bridge windows on its 2nd largest super yacht project to date. Ilona is fitted with a Wynn Type C wiper system and Series 3000 digital control network.The 73.69 metre luxury vessel was launched in 2003 and was ...

  • News

    Wärtsilä power for diesel-electric tanker

    2004-04-27T00:00:00Z

    Wärtsilä Corporation has received a contract to supply main diesel generating sets for a 19,500DWT product/chemical tanker being built at Shanghai Edward Shipbuilding in China. Delivery of the ship is scheduled in August 2005.Ordered by the Swedish shipowner Rederi AB Donsötank, the newbuilding is a double-acting tanker (DAT) which is ...