Latest News – Page 727
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Drydocks World wins semisub order
Drydocks World – South East Asia has won a contract to build a new oil well intervention compact semi-submersible (CSS) vessel, representing a third order from integrated energy industries service provider Hallin Marine. The vessel will cost a total of $110m.
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HMD secures bumper crop of newbuilding orders
Hyundai Mipo Dockyard (HMD) has been awarded shipbuilding orders over $1.25 billion in 2010 representing a total of 40 vessel including 29 bulk carriers and six units of product and chemical tankers from ship owners in Greece, Germany and Japan.
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New waterjet for fast craft
Ultra Dynamics has launched a new 1100kW waterjet for high performance craft.
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EU Life project confirms benefits of Ecospeed
On 31 March the EU Life demonstration project ECOTEC-STC was concluded. Over a 3.5 year period the objective of this project was to evaluate the environmental and economical benefits of Ecospeed as a biocide-free durable hull protection and antifouling system
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Harris Pye extends lease on Swansea dry docks
The Harris Pye Group has signed an extension to the end of this year of its lease on the Swansea dry docks.
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BV backs gas propulsion for greener shipping
Bureau Veritas (BV) says natural gas-powered propulsion will be one of the major contributors to greener shipping.
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World push for piracy action
An unprecedented coalition of organisations, from trade unions to shipowners’ associations and insurers, has joined forces to back a global e-petition demanding concrete action to end the piracy that is putting lives at risk and threatening world trade.
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BAE acquires US ship repair yards
UK’s BAE Systems has entered into a definitive agreement to acquire Atlantic Marine Holding Company from JFL-AMH Partners, LLC, a portfolio company of the private equity firm J.F. Lehman for a cash consideration of $352 million.
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China makes strong recovery in shipbuilding
China recorded a 94.9% year-on-year surge in completed shipbuilding volume to 18.6 million dwt in the first four months of the year, according to the Ministry of Industry and Information Technology (MIIT). New orders in the first four months increased 12 times to 12.77 million dwt.
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Philippine yard gets Rio bulker order
Hanjin Heavy Industries’ shipyard in Subic Bay, Philippines, recently signed a $500 million contract to construct eight 205,000 dwt bulk carriers for Anglo-Australia’s Rio Tinto.
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MAN Diesel & Turbo SE merger complete
The merger announced between MAN Diesel SE and MAN Turbo AG to form MAN Diesel & Turbo SE, based in Augsburg, is now complete, the corresponding entry having been made in the register of companies.
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BAE eyeing US shipyards
BAE Systems has held talks with Atlantic Marine on acquiring the ship repair company with operations in Jacksonville, USA, according to The Financial Times.
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Seaspan takes delivery of another new boxship
Seaspan Corporation has accepted delivery of the CSAV Lingue from Jiangsu Yangzijiang Shipbuilding. The 4,250 TEU containership is Seaspan''s sixth delivery in 2010 and expands the company''s operating fleet to 48 vessels.
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Xingang yard to build supramax trio
Hong Kong-based Hong Da International has ordered three supramax bulkers from Tianjin Xingang Shipbuilding Heavy Industry for delivery from September 2011. The newbuildings will be the biggest vessels the 70-year-old, state-owned yard has built and will be constructed at the shipbuilder’s new facilities.
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Addressing the new ECA challenge
Adrian Tolson, vice president of sales and marketing at marine fuel supplier Chemoil, counts down to the July 2010 ECA emissions changes*
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Continuous slow steaming with two-stroke engines
Wärtsilä reports on developments allowing reliable long-term use of its low speed engines at partial load levels
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Wärtsilä and Robert Allan sign cooperation agreement
Wärtsilä has signed a letter of intent with the Canadian ship design company Robert Allan Ltd. (RAL) to develop a strategic cooperation agreement.
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India delivers its first Diamond bulker
The state owned Hindustan Shipyard (HSL) in Visakhapatnam, India, recently delivered its first 53,000 dwt bulk carrier, Good Pride, to Goodearth Maritime.
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Castrol launches virtual vessel resource
Marine lubricant specialist Castrol Marine has launched an interactive online tool to help customers optimise their knowledge of lubricants and related services.