Latest News – Page 761
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News
DNV and Intertek discuss merger
DNV and Intertek announced that they are in discussions regarding a potential to unite their business assurance activities, thereby consolidating its position as a world leader in certification, inspection and testing. DNV?s Business Assurance unit is a leading global provider of system certification, while Intertek is leading in product certification, ...
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France signs recycling convention
France has become the first country to sign, subject to ratification, the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009. The country?s ambassador to IMO signed the Convention last week. The Hong Kong Convention was adopted at a diplomatic conference in May 2009, attended ...
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Polarcus twin naming ceremony
The naming ceremony of Polarcus Nadia and Polarcus Naila for Dubai-based shipowner Polarcus took place at Drydocks World Dubai recently.In 2008, the offshore shipowner Polarcus ordered six seismic vessels of Ulstein SX124 design. Hull no 66 Polarcus Nadia and hull no 67 Polarcus Naila are the first two to be ...
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Dry bulk carriers back in favour
With the recent Dry Bulk Index managing to remain above 2009-high, some owners are looking to speed up deliveries of their newbuildings.Clarkson said that "we are now even starting to hear of some owners with ships due to deliver within the coming months, requesting the yards to bring these ships ...
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NewsOil company offers football prizes to customers and industry members
Castrol Marine's competition offers football world cup tickets if you can emulate Arsene Wenger as a managerTo tie in with Castrol?s sponsorship of the forthcoming football World Cup, Castrol Marine has launched a competition offering those involved in marine matters a chance to win tickets to the matches. The company ...
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New bids for Polish yards
Eight investors have entered eleven bids for the sale of assets of the Gdynia and Nowa Szczecin shipyards, said Roma Sarzy?ska, from the Poland?s Industrial Development Agency. The agency has chosen not to disclose any information about the investors, however.The assets? purchase procedures are being held under new regulations that ...
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DSME subsidiary secures Middle East order
DSEC Co., the shipbuilding engineering subsidiary of Daewoo Shipbuilding & Marine Engineering (DSME) in Korea, has received a $167 million order from a shipyard in the Middle East. The order calls for, to supply steel plates and other parts to build four oil tankers at an undisclosed Middle East shipyard.
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STX cuts jobs in France
South Korean shipbuilder STX is shedding over 350 jobs in France through voluntary departures at the Saint-Nazaire shipyard. The yard employs around 2,410 people and has received no new orders for civilian vessels since 2007. STX France said it was cutting its capacity from 2.5 vessels per year to 1.5 ...
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Keppel to build shipyard in Azerbaijan
The Singaporean Keppel Offshore & Marine Company has recently signed a memorandum of understanding in Baku, Azerbaijan, for the construction and operation of a new shipbuilding yard.The facility will be built near the Baku Deep Water Jacket Plant owned by SOCAR (State Oil Company of Azerbaijan). Under the new project, ...
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Bangladesh shipbuilding looking at overseas JVs
Bangladesh shipbuilders said a number of joint venture investments are likely to come from Denmark, Germany, France and few other countries that would help reduce the dependence on overseas firms ranging from ship designing to painting to build world class ocean-going vessels. Officials at the local Danish embassy said at ...
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Pipavav late in delivering Bourbon bulkers
Bourbon?s dry bulk subsidiary, Setaf Saget, is facing delivery delays for four Panamax bulk carriers from India?s Pipavav Shipyard. The vessels were ordered from Pipavav alongside a series of ten Supramaxes from Sinopacific Shipbuilding, China. A spokesman for Bourbon said that the Supramax deliveries were going to schedule however none ...
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Austal nears completion of luxury yacht
Australian shipbuilder Austal, based in Western Australia, is close to completing a new $29.25 million luxury yacht. This is first yacht that Austal has built in four years, following a disastrous fall out with Australian golfer, Greg Norman. According to local press sources, Austal lost $16.45 million after building a ...
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STX looking to diversify
The chairman of South Korea's STX Group added to the growing pessimism in the global shipbuilding industry by arguing that the company should move to hedge its bets in the emerging renewable energy sector. "The shipbuilding and shipping markets won't see a boom in the near future. This is a ...
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RINA secures new CBM agreements
Genoa-based classification society RINA has teamed up with specialist certification services provider SPM Instrument SRL of Italy and the Italian Ship Research Centre CETENA to help cope with an increase in demand for Condition-Based Maintenance (CBM) programmes by RINA clients. Having issued new CBM rules and guidelines in 2008, RINA ...
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Wärtsilä involved in Finnish FCEP programme
Wärtsilä is one of the leading companies driving a major Finnish national three-year combustion engine technology research programme. The initiative has been set up by a wide and cross-functional consortium of Finnish technology companies and leading research institutes. The principal aim of the Future Combustion Engine Power Plant (FCEP) programme ...
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Divestment of hull shipyard in Sweden
Bergen Group in Norway has signed a letter of intent with ?resundvarvet AB regarding divestment of the Swedish hull shipyard Landskronavarvet AB north of Malmo. The divestment will give Bergen Group a limited accounting profit. A final sale is expected to be completed during 1st quarter of 2010. Landskronavarvet AB ...
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Keppel Cebu facility to remain closed
Keppel Philippines Marine Inc. said its facility in Cebu will remain closed indefinitely after business inquiries from both the local and international markets remain weak.Keppel said there is stiff competition in the international market from the Chinese shipyards to manufacture new vessels, while orders from the domestic market, mostly for ...
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Intertanko develops GHG emissions policy
The international association of tanker owners' (Intertanko) policy on Greenhouse Gas (GHG) emission reductions from ships, as approved by the Association?s Council, has been written into a comprehensive policy statement that will be used by the association at the upcoming international fora discussing GHG emission reductions. This policy will be ...
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Wärtsilä to design Indian research vessel
Wärtsilä has signed a contract to design and supervise the construction of a modern oceanographic research vessel for the marine wing of the Geological Survey of India (GSI). The order was received in October. In addition to design and supervising the construction process, Wärtsilä will be involved in selecting the ...
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Fate of shipping in hands of Korea and China
According to Arlie G. Sterling, president of shipping consulting firm Marsoft, "South Korea and China will determine the destiny of global shipping industry. Newbuildings to be delivered from the two countries and China?s volume of trade will decide whether shipping market recovers or continues to struggle."He went on to say ...
