Latest News – Page 1098
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News
ICO is re-financed
@body: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 bankruptcy by an injection of $550 million. The US Bankruptcy Court has granted final approval to the deal put together by Mr ...
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BHP withdraws
BHP has announced it is exiting the Tasman trade, due to continued loss of earnings in liner shipping service. Its Transport Group general manager Bruce McGowan, said the decision had not been taken lightly. "The bottom line is that we are losing millions of dollars and it?s in no-one?s interests ...
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Daewoo order marks return to ULCCs
In a move that could presage orders for the construction of more ships of the type, Loews Corporation and Greek shipowner Basil Papachristidis have ordered two 450,000 dwt, 3.2m million barrels capacity ULCCs from Daewoo Heavy Industries in Korea. The order, which is also includes an option for two more ...
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Chinese lines place large orders
Chinese shipping interests Shipping Container Line (SCL) and China Shipping Container Line (CSCL) went on a spending spree in January, confirming orders for no less than 21 ships at yards in China and Korea. Shipping Container Line (SCL), the rapidly expanding Chinese shipowner, has placed orders at Korean yards Samsung ...
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Kawasaki chooses Korea
Having lately been displaced from their position as the world?s leading shipbuilders by Korea, Japanese shipyards received another major blow in December when Kawasaki of Japan decided to order five 5,600 TEU post-panamax container ships not from a Japanese yard, but from Hyundai Heavy Industries in Korea. The order ? ...
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NASSCO benefits from TOTE?
National Steel & Shipbuilding Company (NASSCO) on the US West Coast has received a $300 million order from Totem Ocean Trailer Express (TOTE) in Alaska for a pair of ice-strengthened, environmentally friendly roro newbuildings. The order is expected to be the first of a growing number of Jone?s Act newbuildings ...
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?and Halter to build car carrier
Halter Marine is expected to be the beneficiary of a contract to build a car carrier for Pasha Hawaii Transport Line. The shipowner is seeking $80 million worth of loan guarantees from the Maritime Administration (MARAD) for the newbuildings, which will be capable of carrying more than 4,000 vehicles.
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Another ?first? for Chinese yards
Usually regarded as a source of inexpensive, but unsophisticated newbuildings, Chinese yards continue to gain orders for an increasingly diverse range of complex newbuildings. The latest is an order placed at Guangzhou Shipyard for a pair of 18,000 dwt semi-submersible heavy lift ships. Ordered by Cosco, the vessels are the ...
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Bulker order for Sasebo
Sasebo Shipyard in Japan has been awarded an order for two capesize bulk carriers by Ceres Hellenic Shipping Enterprises. Due for delivery in late 2000 and early 2001, the 170,00 dwt vessels will be committed to the capesize pool in which Ceres Hellenic is partner with Coeclerci Armatori in Italy. ...
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MaK buys DMR
MaK has purchased the bankrupt two-stroke builder Dieselmotorenwerk Rostock (DMR), giving it extra space to accommodate engine production envisaged in its ambitious expansion plans. The Rostock factory will be converted to four-stroke production and will be managed as an extension of MaK?s Kiel plant. Production and testing of MaK?s latest ...
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Siemens to sign SSP deal
The Siemens Schottle Consortuim is poised to sign a deal to supply its propulsor to Guangzhou Shipyard International to drive a pair of semi-submersible heavy lift vessels ordered by Cosco. Each of the 18,000 dwt/156m loa vessels will have two SSP5s with a full power rating of 4.7MW (6,390 bhp) ...
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Fighting engine room fires
Finland`s Marioff Oy says it is gearing up for unprecedented demand for its tailor-made Hi-Fog water mist fire protection system. This follows the highlighting of engine room fires by The Salvage Association as one of the largest single causes of ship casualties, and the recommendations of the IMO`s Maritime Safety ...
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Sulzer RTA98C cracks repaired
Wartsila NSD is undertaking repairs and modifications to the first eight RTA96C engines following the discovery of cracks in the A frames. These first engines are fitted in container ships in service with P&O Nedlloyd, Hanjin Shipping and NOL. To rectify the problems, Wartsila NSD has redesigned the stiffeners inside ...
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DNV and AVL co-operation
Engine and emissions specialist AVL is to co-operate with DNV in the field of power generation and marine propulsion systems. The aim is to combine the engine experience of AVL with the ship hull and machinery expertise of DNV to provide support to shipyards and shipowners. Areas of co-operation will ...
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DFDS orders Dolphins
Danish Ferry operator DFDS Seaways has ordered Dolphin Safe Rescuer rescue boat/lifeboats for its fleet of roro passenger ships from Sea Safe Boats Sweden. The crafts meet the IMO requirements, which come into force on July 1, 2000, says Sea Safe. The order from DFDS Seaways is the first ...
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Compact high-pressure system
The EC 1000 is a compact high-pressure waterjet system from WOMA that operates at up to 1,000 bar. The pressure is generated by plunger pump Type 45Y with pressure sensitive speed control and liftable suction valves. Powered by a 38kW, 1.9 litre VW diesel engine the unit`s nominal water flow ...
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Ingersoll-Rand expands range
Ingersoll-Rand has added models, from 15 to 22kW, to its SSR range of small rotary screw compressors. They are self-contained electric motor driven, single-stage units. Each model comes with an acoustic enclosure which reduces noise to 73dBA or less, says the company. Controls include on-line/off-line, timed auto start/stop and an ...
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Self-contained units from Cruisair
Cruisair has introduced a series of large, self contained air conditioning and heat pump systems. The seawater-cooled direct-expansion Type FP package unit contains the air conditioning compressor, condenser, evaporator coils, blower and other components on a single chassis. The unit is enclosed by an insulated aluminium housing with integral condensate ...
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TankRadar for LNG carriers
Hyundai Heavy Industries is to use Saab TankRadar as the primary custody transfer system by for two LNG carrier newbuildings. Previously the system has been installed on the existing LNG carrier LNG Delta. It has also been ordered for the LNG/C Arzew soon to be reactivated. Saab TankRadar CTS will ...
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Compact sub-sea unit
A new compact motion sensor (CMS) has been launched by TSS. The sensor measures 16cm x 9cm and can measure dynamic pitch and roll to an accuracy of better than 0.25 deg and is depth rated to 3,000m, says the company. It is designed for surface and sub-sea applications, including ...
