Latest News – Page 773

  • News

    Barometer of bunker fuels is launched

    2009-09-04T00:00:00Z

    Petromedia, a provider of international information services for the marine industry, has announced the launch of its BWI (Bunkerworld Index). Representing bunker fuel market movements on an international basis, the BWI is a weighted daily index based on Bunkerworld Benchmark Prices from 20 key bunkering ports, providing a single number ...

  • News

    Electronic chart training initiative

    2009-09-04T00:00:00Z

    UK company PC Maritime says that it has formed a partnership with specialist training company ECDIS Ltd in order to provide its customers with approved generic ECDIS training at a location of their choice. Marketing director Anne Edmonds said: "For many of our customers, getting their navigating officers to colleges ...

  • News

    Shin Kurushima implements Intergraph SmartMarine 3D

    2009-09-03T00:00:00Z

    Shin Kurushima Dockyard (SKDY), recognized as one of the most productive shipyards worldwide, has standardized on Intergraph SmartMarine 3D design and engineering software after an intensive two-year benchmark study. Based on the productivity experienced in the benchmark study, Japan-based SKDY expects further improvements in productivity and production planning using theautomated ...

  • News

    New mega shipyard in Primorsk

    2009-09-03T00:00:00Z

    The port of Primorsk near St. Petersburg, Russia, has been selected as the location for a brand new state-controlled super shipyard. The government has allocated over $855 million towards this ambitious project which, it claims, would become one of the world?s most modern shipyards. According to several statements of the ...

  • News

    Maiden delivery for Cosco Zhoushan

    2009-09-03T00:00:00Z

    The Zhoushan facility of China's Cosco Shipyard Group has completed its first newbuilding, a 57,000 dwt Handymax bulker named Yuan Shun Hai, ordered by Cosco Qingdao. According to UK-based Clarkson Research Services, the initial delivery date of the ship was set for the middle of last year, meaning that the ...

  • News

    Hyundai aborts expansion

    2009-09-03T00:00:00Z

    Hyundai Heavy Industries has decided to discontinue the expansion work at its ship block manufacturing plant in Pohang city, North Gyungsang province, South Korea. The world's largest shipbuilder cited newbuilding market slump as the reason of the decision.Hyundai has been operating the block factory in Pohang since 2005, and it ...

  • News

    ZF Marine acquires HRP

    2009-09-03T00:00:00Z

    The Marine Propulsion Systems business unit of ZF Friedrichshafen AG in Germany is further expanding its position as a leading worldwide supplier of complete marine propulsion systems for all types of vessels. ZF Marine has now acquired HRP Nederland b.v. with all subsidiaries including production locations in The Netherlands and ...

  • News

    US and Canada near agreement to control pollutants from ships

    2009-09-03T00:00:00Z

    The United States and Canada are nearing an international agreement to clean up the emissions of ships travelling within 200 nautical miles offshore. Scientists at the Environmental Protection Agency (EPA) calculate that pollution controls will save the lives of 8,300 people each year and help more than 3 million avoid ...

  • News

    ABS presentations at ISSDC

    2009-09-02T00:00:00Z

    ABS made presentations at ISSDC ABS made three presentations focused on environmental issues to the International Symposium on Ship Design and Construction 2009 (ISSDC 2009) held in Tokyo, Japan, on 1-2 September 2009. Organized by the Royal Institution of Naval Architects (RINA), the Symposium will take the theme of ?The ...

  • News

    US ballast water rules within IMO confines

    2009-09-02T00:00:00Z

    A proposed rule unveiled by the US Coast Guard would ensure that ballast water thresholds required by US law adhere to standards set out in the IMO's yet to be ratified treaty, during a "phasing in" period through to 2016. The proposed rule, set out in a notice published in ...

  • News

    NASSCO delivers T-AKE number eight

    2009-09-02T00:00:00Z

    The San Diego shipbuilder General Dynamics NASSCO recently delivered USNS Wally Schirra (T-AKE 8) to the U.S. Navy. Construction of the newbuilding began in October 2007. Including the Wally Schirra, NASSCO has delivered eight 212m long T-AKEs, which are also known as Lewis and Clark-class ships. NASSCO has construction contracts ...

  • News

    Bleak outlook for Polish yards

    2009-09-02T00:00:00Z

    The sale of two struggling Polish shipyards to Qatari investors has failed after the potential buyers declined to pay up within the time period agreed with the European Commission, Poland's treasury minister has said. Neither a private client with Qatar roots, identified by Polish authorities as Stichting Particulier Fonds Greenrights, ...

  • News

    Shipyards risk global price war

    2009-09-02T00:00:00Z

    Shipbuilders may be drawn into a global price war next year triggered by South Korean discounting, an executive at Mitsui Engineering & Shipbuilding (MES), Japan?s second-largest builder of vessels, said. According to Norio Nagata, head of the company?s ship and ocean project division, "A risk of some new Korean yards ...

  • News

    BV to class Caspian ice-breaking tugs

    2009-09-02T00:00:00Z

    Bureau Veritas (BV) has been chosen to class two different series of sophisticated ice-breaking tugs for service in the Caspian Sea.The first series is for three plus two 66 m loa ice-breaking and ice management tugs with 50 tonne bollard pull and Ice Class IA Super Special Service - North ...

  • News

    STX lays keel of pipe layer

    2009-08-28T00:00:00Z

    South Korea's STX Group embarked on its first offshore plant construction when it recently held a keel laying ceremony for an offshore pipe layer at its Chinese subsidiary STX Dalian Shipbuilding complex.The 194 m long pipe laying vessel had been ordered by France's engineering firm Technip for around $200m in ...

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    News

    ABB sets up new turbocharger factory in China

    2009-08-28T00:00:00Z

    An ABB turbocharger - which may soon carry a 'made in China' labelABB recently inaugurated a brand new turbocharger manufacturing base in Degan Industrial Park, Chongqing, localising and producing the company's latest turbocharging products which, says ABB, can improve diesel engine output by 300% and increase fuel efficiency by 10%. ...

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    News

    Government funding saves Indonesian shipyard

    2009-08-28T00:00:00Z

    The troubled PT PAL shipyard in Indonesia looks set to survive thanks to government assistanceThe ailing state-owned ship builder PT PAL Indonesia is to get an injection of $44 million from the government to keep it afloat. Saving PAL is in Indonesia's best interests since the government aims to meet ...

  • News

    Magnetic gears attract MoD interest

    2009-08-28T00:00:00Z

    Technology from Sheffield in England could be powering the next generation of warships following city firm Magnomatics success in winning a six-figure contract with the Ministry of Defence. The Sheffield University spin-out specialises in developing revolutionary motors and transmissions, which use magnetic gears that do not physically mesh and are ...

  • News

    Hindustan Shipyard to become naval yard

    2009-08-27T00:00:00Z

    Keen to increase the Indian Navy?s blue-water capability and improve self-sufficiency in defence production, the Ministry of Defence is to take over the Hindustan Shipyard at Visakhapatnam from the Union shipping ministry. The matter is before the Union Cabinet which has to resolve the issues on compensating the shipping ministry.The ...

  • News

    Korean yards eying Gorgon bonanza

    2009-08-27T00:00:00Z

    South Korean shipbuilders may end an eight-month dry spell with an influx of new orders after Australia approved the $42 billion Gorgon liquefied natural gas project. Hyundai Heavy, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have bid for Gorgon contracts that may be worth as much as $6 ...