Latest News – Page 1050

  • 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 ...

  • News

    Appledore wins super yacht contract

    2004-07-29T00:00:00Z

    Appledore Shipbuilders, in North Devon, has won a contract to design and build an 80 metre long super yacht which will provide work for more than 40 engineers and up to 100 construction staff over the course of a year. The yard, which went into receivership last September, was bought ...

  • News

    Viet Nam getting bigger

    2004-07-29T00:00:00Z

    The Viet Nam Shipbuilding Industry Corporation (Vinashin) is building a 100,000 dwt oil tanker at its Dung Quat shipyard. The double hulled ship, the biggest of its kind to be built in Viet Nam to date, will measure 245 metres long, 20 metres wide and have 14 cargo tanks. Equipped ...

  • News

    BV wins Spanish award

    2004-07-28T00:00:00Z

    Bureau Veritas has been chosen by Spain's Association of Naval Architects and Marine Engineering as the "Best Marine Company in Spain in 2003." The award was presented at a ceremony in Madrid last week by Jose Ignacio de Ramon, president of the Association, to Luis Guerrero Gómez , Marine Manager ...

  • News

    New orders forecast to ease off

    2004-07-28T00:00:00Z

    Nobutaka Nanbu, Executive Managing Director of the Shipbuilder's Association of Japan (SAJ), reported at the regular SAJ press conference held earlier this month that newbuilding orders placed with Japanese yards for the first half of 2004 amounted to 3.83 million CGT, which is virtually unchanged from the 3.80 million CGT ...

  • News

    RCI signs jumboisation agreement with KMY

    2004-07-28T00:00:00Z

    Royal Caribbean International (RCI) and Kvaerner Masa-Yards, a member of the Aker Yards group, have agreed on a revitalisation project, including a midbody lengthening, for the cruise ship Enchantment of the Seas. The project has been developed by KMY?s Customer Service Division. The midbody will be built at KMY?s shipyard ...

  • News

    ESA highlights rogue waves

    2004-07-27T00:00:00Z

    European satellites confirm the stories of mariners who describe seeing freak waves as tall as 10-storey buildings, according to the European Space Agency (ESA). ?Rogue waves? have been the anecdotal cause behind a number of sinkings over the past two decades. Until now, evidence to support this has been sketchy ...

  • News

    Mitsui upgrades facilities at Chiba plant

    2004-07-27T00:00:00Z

    Mitsui Engineering and Shipbuilding will be undertaking a major expansion of facilities at its Chiba site in the next few months. The work, which includes enlarging its steel processing plant and installing new cranes, is due to be completed in June 2005 at a total cost of $24.3 million. ...

  • News

    BMT to help mitigate offshore wind farm navigation risks

    2004-07-27T00:00:00Z

    British Maritime Technology Ltd (BMT) is applying its world-class navigationrisk assessment tools and expertise in a bid to help regional marine authorities mitigate the risks associated with offshore wind farm developments.BMT has already extensively used DYMITRI, its advanced coastal zone marine traffic risk simulation tool, in a number of large ...

  • News

    Aker Langsten to build PSV for Simon M?kster

    2004-07-27T00:00:00Z

    Aker Langsten, one of the shipyards in the Aker Yards Group, has signed an agreement with Simon M?kster Shipping AS of Stavanger, Norway, to build a PSV (Platform Supply Vessel) for approximately $28.6 million. Delivery of the vessel is scheduled for the second quarter of 2005.The PSV is a MT ...

  • News

    Twenty five ports in Philippines not yet ISPS compliance

    2004-07-27T00:00:00Z

    According to the Philippines? Department of Trade and Industry (DTI), twenty-five of the country?s 120 major ports have yet to comply with the new International Ship and Port Facility Security (ISPS) code that was implemented on 1 July. The country?s trade secretary said that the remaining non-compliant seaports and shipping ...

  • News

    Babcock shipyard announces redundancies

    2004-07-26T00:00:00Z

    Babcock International has made cuts in its workforce at its Rosyth dockyard in Fife, Scotland, as part of a company shake-up. The news came as a surprise since only four days ago the Ministry of Defence has awarded the troubled yard a multi-million pound order to refit three Royal Navy ...

  • News

    US firm interested in BAE's Shipbuilding Unit

    2004-07-26T00:00:00Z

    US buyout firm, Carlyle Group, has expressed an interest in buying BAE Systems shipbuilding business although Carlyle hasn't decided if an offer would include BAE's submarine operations at Barrow-in-Furness, England since the sale of Britain's only submarine business to a foreign company may be politically sensitive. BAE has already indicated ...

  • News

    Aker Yards to build PSV for DOF ASA

    2004-07-26T00:00:00Z

    Aker Brattvaag, a company in the Aker Yards Group, has been awarded a contract worth approximately NOK 200 million by DOF ASA to build a Platform Supply Vessel (PSV) of the MT 6000 type. The vessel is scheduled for delivery in the summer of 2005. "Aker Yards is pleased to ...

  • News

    MLIT and NMRI develop new pod propeller system

    2004-07-26T00:00:00Z

    The Japanese Ministry of Land Infrastructure and Transport and National Maritime Research Institute have announced the completion of a new contra-rotating pod propeller system developed as part of the Super Eco Ship research project. The system, which is the result of a research and development programme started in 2001, was ...

  • News

    Daewoo confirms KOTC order

    2004-07-23T00:00:00Z

    Daewoo Shipbuilding confirms that it received the letter of intent from Kuwait Oil Tanker Company (KOTC) for building three product carriers and the contract will be signed in August. Hyundai Heavy Industries said that it is in negotiations for two VLCCs and two LPG carriers with the same owner. However, ...

  • News

    Gaz de France and NYK confirm LNG order

    2004-07-23T00:00:00Z

    NYK and NYK Armateur, a subsidiary of Gaz de France (GdF), have signed a contract with Chantiers de l?Atlantique for the construction of a 153,500 cubic metre LNG carrier. This vessel will be jointly owned by NYK (60%) and NYK Armateur (40%) and will be chartered to GdF for 20 ...

  • News

    SembCorp Marine to buy into Cosco Shipyard

    2004-07-23T00:00:00Z

    The Singapore ship repair and shipbuilding company, SembCorp Marine, is paying $28.5 million for a 30% stake in Cosco Shipyard Group (CSG), China's largest ship repair company with yards in Dalian, Nandong and Guangzhou. The investment will be funded from SembCorp Marine's own internal resources.SembCorp is also transferring its 20% ...