Latest News – Page 1102
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News
KHZ cuts headcount
Keppel Hitachi Zosen Group (KHZ) has completed the purchase of Keppel Marine Industries marine related businesses for approximately S$167 million ($99.97 million), and is rationalising operations to remain competitive. Headcount has been cut across the group?s three Singapore yards, which will result in savings of about S$5 million ($3.1 million) ...
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Expansion at Viktor Lenac
Croatia?s Viktor Lenac has entered into an agreement to purchase another floating dock, increasing capacity at its yard in Rijeka. The aframax floating dock will be much larger than the yard?s two existing docks, taking it into new markets. The 60,000 tlc dock currently measures 246m over the blocks x ...
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Still growing
Cammell Laird has added to its drydock capacity on Merseyside with the purchase of Warbreck Engineering Ltd. The deal includes Warbreck?s lease on Clarence Dry Docks; three drydocks measuring up to 135.3m x 15.9m that service west coast tonnage such as tankers, tugs and OSVs. "The acquisition is an important ...
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Astander privatised
Privatisation of the Astilleros Espanoles group repair yard Astander was finalised on November 16. The Santander yard has been sold to the Greek group Lavinia Italmar, which also owns the Astican yard in the Canary Islands. Local press reports indicate that the Greek owner will pay Ptas300 million ($1.8 million) ...
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ASRY?s 2000th
Bahrain?s ASRY passed a significant milestone with last year?s drydocking and repairs to Red Band 138,557 dwt tanker Knock Dun, the 2000th vessel handled by the yard since it started operations in 1977. Knock Dun entered the yard for first special survey work and routine docking and repairs. Approximately 33,000m2 ...
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Stern warning of leaking oil
Statistics suggest that one in two ships will suffer problems with sterntube seals on average every 11 years, and some in the industry feel the incidents are rising. While this may not appear too daunting, the $9m fine handed down to Royal Caribbean for discharging oily bilge water shows the ...
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Laying the foundations for ecdis charts
European HOs are working through the folio of charts covering their own national waters to produce vectorised electronic navigation charts (ENC)s. The process of digitising the information is relatively fast, but then the charts have to be verified, as every HO will accept legal responsibility for their accuracy, in the ...
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Filling space
The rapid growth both in numbers and size of ships shows the optimism of cruise operators, but there are still wars to be fought as each seeks to fill their ships.In an industry dominated by the battle of the superlatives, the latest salvo has just been fired by Cunard. No ...
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Austal markets its ride control system
Austal`s new company, Seastate, started trading on November 1 and is poised to build a multi-million dollar global business from selling ride control and possibly, at a future date, other high-tech specialist ship systems.The ride control systems, which reduce sea sickness for passengers by substantially reducing motion levels of high-speed ...
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Swedish solution for marine pollution
While the building of merchant ships has all but ended in Sweden, marine technology continues to thrive - especially that connected with reducing emissions. A prime example of this is ABB Flakt which has the longest running catalytic converter in a merchant ship - the Scandlines ferry Aurora. These SCRs ...
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New drillship beats a path for deepwater
Described as the first of its kind by owners Conoco and R&B Falcon Corporation, Deepwater Pathfinder started a five-year work programme drilling in the Gulf of Mexico earlier this year.The first vessel capable of drilling in water depths of up to 3,000m, it is due to drill three or four ...
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Emmie to the rescue of leaking seals
Many ship operators know the feeling. Analysis returns show that the water content of the stern tube oil climbed well above acceptable levels and suggests that the seal has started to leak. Traditionally the cure was an unscheduled drydocking and replacing the seal, but there may be another option in ...
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EU seek action on ship prices
Following the report by the EU Commission which concluded that some Korean yards were making losses of up to 40 per cent on some contracts, the EU Industry Council is to enter into talks with Korea to try and resolve the situation. In addition, EU member states are to request ...
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African states sign Port State Control
Sixteen West and Central African States have signed a Memorandum of Understanding (MOU) on Port State Control (PSC). This means only the Gulf area and the Black Sea remain uncovered by PSC and MOUs for these are expected to be signed early in 2000.The West and Central African agreement covers ...
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Class Societies feel the pinch
Lloyds Register is making over 400 people redundant at its UK headquarters and while both DNV and GL has instigated a number of cost cutting measures. The redundancies at LR come as the society is reorganising to devolve more of the management and technical responsibilities to overseas offices.While the technical ...
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Newbuilding orders rise
Newbuilding orders rise In the quarter to June, newbuilding orders rose by 43 per cent to 6.5 million gross tonnes (mgt), says Lloyds Register.However, the world orderbook dropped by 1.7 mgt to stand at 53.8 mgt and Germany slipped into fourth place behind ItalyAt the end of the quarter Korea ...
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No room for complacency
No room for complacency During a three-month campaign member states of the Paris MOU detained eight out of 79 bulk carriers, above 30,000gt and over 15 years old, for structural deficiencies. While this compares favourably with an average detention rate 13.9 per cent for 1998, Alan Cubbin, chairman of the ...
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The Netherlands : More dredger orders for IHC
The Netherlands : More dredger orders for IHC IHC Holland in the Netherlands has announced details of some of the latest orders it has received for dredgers and says that, overall, in spite of the continuing economic problems in some countries in the Asia Pacific region, the outlook for new ...
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China : Another first for Chinese yards
China : Another first for Chinese yards Hard on the heels of recent first-time orders for ropax ferries and VLCCs at Chinese yards, Dalian New Shipyard in China has won its first ever contract to build a floating production, storage and offloading (FPSO) vessel. The FPSO for the Qinghuangdao Field ...
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Italy : Minoan orders again
Italy : Minoan orders again Fincantieri`s wholly owned subsidiary Sestri Cantiere Navali has won an order to build a pair of new passenger ferries for Minoan Lines of Greece.The two ships were the subjects of an option in Minoan Line`s existing contract with Fincantieri for a pair of 2,000-passenger ferry ...
