Latest News – Page 1094

  • News

    Lisnave diversification

    2000-04-01T00:00:00Z

    In spite of a tough market Lisnave managed to attract 132 vessels to its yards for repair in 1999; a 12% increase on 1998. Total deadweight tonnage increased by 5% to over 9 million dwt.The year was marked by successful diversification into markets other than its traditional tanker and bulk ...

  • News

    Celsius sells Gotaverken

    2000-04-01T00:00:00Z

    Sweden?s Celsius group has sold its wholly-owned Gothenburg repair yard Gotaverken Cityvarvet to the Damen Shipyards Group. "The sale is consistent with Celsius? policy for strategic consolidation," a company statement advised, "and as result Gotaverken Cityvarvet gains a financially solid owner with a long term investment perspective." Celsius? other commercial ...

  • News

    Philippine yards target international work

    2000-04-01T00:00:00Z

    1999 pre-tax profit at restructured Keppel Philippines Marine improved by 20% to P93 million ($2.27 million). Revenue was up by over 90% to P774 million ($18.9 million), as a result of the acquisition of Keppel Cebu Shipyard.Keppel Batangas and Keppel Cebu both recorded an increase in repair activity. The number ...

  • News

    New bulb at Dorbyl

    2000-04-01T00:00:00Z

    Container vessel MSC Giovanna went into Dorbyl?s Durban yard for damage repairs following a collision with bulk carrier Decurion off Cape Town in January.The container vessel suffered severe damage to the bulbous bow. A significant section of the bulb has been cropped almost all the way back to the collision ...

  • News

    Big, and getting bigger

    2000-03-01T00:00:00Z

    A procession of increasingly larger post panamax newbuildings enter liner service, with more on order.The first of five 5,500 TEU post-panamax container ships, all with completion dates this year, has been delivered by Kvaerner Warnow Werft (KWW), Germany, to P&O Nedlloyd.These ships are the largest ever built in Germany in ...

  • News

    Baby smooth

    2000-03-01T00:00:00Z

    The polymer commonly used in the making of teats for baby bottles lies at the heart of Jotun?s latest launch.As environmental awareness has grown, so have restrictions on a number of different substances. One compound that is on the way out is the use of TBT in hull coatings. Should ...

  • News

    Shipowners set steady course

    2000-03-01T00:00:00Z

    Japanese shipowners are finding the strong yen is preventing them gaining from the recovery in trade.Figures just released from the Japanese Ministry of Transport do not paint too glowing a picture of the country?s shipping activities. Having hit 100 million deadweight in 1997, by mid-1988 the Japanese fleet had lost ...

  • News

    Amsterdam bound

    2000-03-01T00:00:00Z

    This year?s Motor Ship Marine Propulsion Conference takes place in Amsterdam on March 29 and 30.This year?s Marine Propulsion Conference will examine the key issues affecting marine propulsion today, with presentations from all sides of the industry, ensuring that the two-day meeting will be of great value to anyone involved ...

  • News

    Noname Article 630

    2000-03-01T00:00:00Z

    The world?s largest trailing suction hopper dredger, Jan de Nul?s Vasco da Gama, built at German shipyard Thyssen Nordseewerke, and is about to start work.With a capacity of 33,000m3; - equivalent to 58,000 dwt ? Vasco da Gama has a hopper approximately 40 per cent larger and carrying capacity approximately ...

  • News

    Satellite mobile phone service on countdown

    2000-03-01T00:00:00Z

    Following a period of financial uncertainty, ICO Global Communications is back on track and poised to launch the first of its 12 satellites.ICO Global Communications, the UK company set up in 1995 to develop a global mobile satellite communications system (previously known as Inmarsat P), has been bailed out of ...

  • News

    ABS calls for tougher standards

    2000-03-01T00:00:00Z

    Following the preliminary report about the loss of Erika, ABS has proposed a range of measures to tighten scrutiny of ageing vessels. "It is quite clear that Erikasank as a result of structural failure," says ABS chairman and CEO, Frank Iarossi.He comments: "Substandard ships continue in service because there are ...

  • News

    Shipbuilding talks deadlocked

    2000-03-01T00:00:00Z

    Negotiations over the actions of Korea?s shipbuilders entered into by the EU and the OECD are both deadlocked. Representatives of the EU and the Korean government met in Seoul to discuss what the Europeans see as anti-competitive practices, but the Korean delegation says the low prices in its yards are ...

  • News

    Equasis agreement signed

    2000-03-01T00:00:00Z

    A database called Equasis that contains safety-related information on the world?s merchant fleet will be accessible on the Internet from May. So far and the European Commission, France, the United Kingdom, Spain, and Singapore are signatories to the Memorandum of Understanding, while the US Coast Guard and Japan have expressed ...

  • News

    Lifejacket approval withdrawn

    2000-03-01T00:00:00Z

    There has been a wholesale withdrawl of type-approval for the Italian-made Canepa & Campi Artica lifejackets used during the sinking of the fast ferry Sleipner, which resulted in the loss of 19 lives. The lifejackets, which were originally tested and type-approved by RINA in 1997, failed in operation.Based on the ...

  • News

    BV joins pursuit of old tankers

    2000-03-01T00:00:00Z

    BV has issued its own set of proposals to improve safety of old tankers. It echoes ABS?s call for computerised records, and adds that it wants computerised evaluation of the ship?s structure to identify critical areas at each Special Survey.The computerised database would contain thickness measurements, details of coating condition, ...

  • News

    More progress on yard sales

    2000-03-01T00:00:00Z

    Kvaerner has agreed the sale of the Norwegian Fjellstrand shipyards, to an MBO and other local investors for NKr100 million ($12 million) but is still looking for a buyer for the Singaporean yard. Fjellstrand?s two Norwegian yards employ 250 staff, build small car/passenger catamaran ferries, and have revenues of NKr400 ...

  • News

    Carnival exercises Spirit option

    2000-03-01T00:00:00Z

    Carnival Corporation has taken up its option to have a third Spirit-class cruise liner built at Kvaerner Masa-Yards (KMY). The 84,000 gross, 2,100 passenger vessel will be constructed at the Helsinki New Shipyard, and will be delivered in the summer of 2002. The value of the contract is around FMk2 ...

  • News

    Fincantieri to build ferry pair

    2000-03-01T00:00:00Z

    Evidence that the market for fast conventional ferries continues to grow is provided by an order placed with Fincantieri?s Castellamare di Stabia shipyard to build a pair of ships for Tirrenia di Navigazione.The 35,500 gross vessels will be employed on the route between Sardinia and Genoa. Although Tirrenia had been ...

  • News

    More success for Chinese yards

    2000-03-01T00:00:00Z

    Shanghai Edward Shipyard in China has been awarded a contract to build two geared container ships for Tropical Shipping & Construction. The order for the feeder ship size vessels also includes an option for two more ships.The first of the newbuildings is slated for delivery in September 2001 and the ...

  • News

    More tankers for Hyundai

    2000-03-01T00:00:00Z

    Hyundai Heavy Industries (HHI) in Korea has been awarded a contract to build four suezmax tankers for Athenian Sea Carriers in Greece.The order also includes an option for four more ships. The first of the newbuildings will be delivered in 2002.Also ordered from Hyundai in recent weeks are a number ...