Latest News – Page 780

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    News

    MSC set to cut ship numbers

    2009-07-17T00:00:00Z

    Splendida, MSC's latest addition to the so-called 'six star' cruise fleetThe once fast-expanding company that runs the world?s second-biggest container ship fleet is set to slash ship numbers in the face of the sector?s crisis, its chairman has told the Financial Times. Gianluigi Aponte, chairman of Switzerland-based Mediterranean Shipping Company ...

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    DNV takes the lead in emerging CNG market

    2009-07-17T00:00:00Z

    DNV Korea & Japan has taken the first initiative to introduce its CNG technology to major shipbuilders. This makes DNV the first mover among the classification societies in introducing this new technology. Shipping of LNG is a demanding process. Compressed natural gas (CNG) has lower production and storage costs compared ...

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    Cosco axes bulk carrier orders

    2009-07-17T00:00:00Z

    China Ocean Shipping Group Company (Cosco) has cancelled bulker newbuildings ordered at its own shipyards in China. Two subsidiaries of Cosco, Qingdao Ocean Shipping and Cosco Hong Kong Shipping, have axed eight 57,000 dwt Supramax newbuildings ordered at Cosco Zhoushan Shipyard.The contracts were worth $298.7m, according to Singapore-listed Cosco Corp, ...

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    MAN Diesel chooses Marseille as new hub

    2009-07-17T00:00:00Z

    To develop further its long-term relations with local clients and partners, MAN Diesel inaugurated its new hub in Marseille, France, on 9 July. Dr. Timmermann, Member of the Executive Board of MAN Diesel SE and Rémi Leport, Site Manager of this new hub, cut the red ribbon together. The Group?s ...

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    Shipbuilding overcapacity warning from OECD

    2009-07-16T00:00:00Z

    The OECD Council Working Party on Shipbuilding (WP6) says the economic downturn has hit shipbuilding hard where new orders have contracted by up to 90% and cancellations have increased. This situation is likely to result in significant excess shipbuilding capacity and the outlook is unlikely to improve for some time. ...

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    WSS liferaft service station in Miami operational

    2009-07-15T00:00:00Z

    Wilhelmsen Ships Service has announced that their Liferaft and Marin-Ark service station in Miami, Florida is now fully operational. It is a stand-alone station conveniently situated between the port of Miami and Port Everglades in South Florida, approximately 4 kilometers from the current Wilhelmsen Ships Service premises in Miami.The station ...

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    New GL guidelines for more efficient ship designs

    2009-07-15T00:00:00Z

    Germanischer Lloyd's new Guidelines for the Analysis of Alternative Ship Design and Arrangements (V-2-1) come into force in mid-July. Alternative ship design and arrangements are solutions which deviate from the prescriptive requirements of SOLAS regulations. Nevertheless they are suitable to satisfy the intent of the respective regulations. Alternative designs and ...

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    Ship repair business bought out

    2009-07-15T00:00:00Z

    The Bailey Group, based in Cardiff, has taken control of the A&P Group, which employs 600 staff at four sites. They include: Hebburn on Tyneside, Middlesbrough in Teesside, Chatham in Kent and Falmouth in Cornwall. Property developer and entrepreneur Paul Bailey, had taken a 50% stake in the group in ...

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    STX France jobs on the line

    2009-07-15T00:00:00Z

    The management of STX Europe?s St Nazaire yard in France is continuing to hope that they might yet avoid laying off employees during the final four months of the year. Last week, STX France told its 2,500 employees that about 1,500 jobs could go between September and December due to ...

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    OPK and HHI sign cooperation agreement

    2009-07-15T00:00:00Z

    Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) in Russia and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI), signed a cooperation agreement in the field of shipbuilding. The main purpose of this agreement is to establish a cooperation which will ...

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    OPK and MCN to cooperate

    2009-07-15T00:00:00Z

    Modern Commercial Navy (MCN) PLC and United Industrial Corporation JSC (OPK) have signed a cooperation agreement for the potential development and construction of a multifunctional supply icebreaker and a 75, 000 m³ LNG carrier. MCN PLC is the largest Russian shipping company with longstanding experience of collaboration with shipbuilders ...

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    MSC delays delivery of mega-boxships

    2009-07-14T00:00:00Z

    Mediterranean Shipping Co (MSC) is said to have pushed back deliveries for some of its mega boxships on order. MSC chairman Gianluigi Aponte told Italian media that deliveries of the largest containerships have been delayed by few months and up to a year."For ships that were imminent, those for delivery ...

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    Chinese seeking buyer for cancelled ships

    2009-07-14T00:00:00Z

    Ethiopian Shipping Lines (ESL) is in talks with a Chinese shipyard to buy cancelled newbuildings. The national carrier has been wooed by an unnamed Chinese yard looking to find a home for cancelled ships.It is offering nine vessels to ESL, with payments to be made over 10 to 15 years, ...

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    Zim takes delivery of mega boxships

    2009-07-14T00:00:00Z

    Israel?s Zim Integrated Shipping Services has received the first consignment of its twelve-vessel order with the arrival of ?Zim Los Angeles?. The 8,400 TEU vessel is the first mega container vessel owned by the company and will be followed by the delivery of ?Zim Djibouti? in two weeks? time. This ...

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    Ship completion contract for Ulstein Verft

    2009-07-14T00:00:00Z

    Ulstein Verft has won the contract with GIEK and Sparebank 1 SR-bank to complete the construction of a large anchor handling vessel for Solstad. The newbuilding comes from the bankrupt Karmsund Maritime Service AS and is an important component in filling up Ulstein Verft?s production capacity."Solstad was an important customer ...

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    Kawasaki's China venture on hold

    2009-07-14T00:00:00Z

    Kawasaki Heavy Industries' shipbuilding venture in China will delay operations of a second dock in Dalian by three years in the light of the current economic climate. The second dock, originally slated for operations in early 2012, may be postponed until 2015, said Yusuke Kamada, a spokesman at Kobe, Japan-based ...

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    Wadan Yards get repreive

    2009-07-14T00:00:00Z

    The Norwegian-registered STX Europe, an affiliate of the South Korean STX shipyard and shipping group, has used the occasion of Wadan Yards recentinsolvency and pulled out of the German shipbuilding sector entirely.STX had acquired the two German shipyards when it bought the Norwegian Aker Yards in early 2009. The company ...

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    News

    MAN Diesel and MAN Turbo merge

    2009-07-14T00:00:00Z

    MAN Diesel and MAN Turbo - a logical marriageMAN Diesel SE and MAN Turbo AG are to work more closely together in future with the aim of forming a merger with each other under corporate law. By combining the complementary product portfolios, the merged company will strive for further growth ...

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    Pump maintenance eased through spare parts kits

    2009-07-13T00:00:00Z

    Allweiler AG has launched original spare parts kits for all standard pumps. The kits contain all of the parts that must be replaced on a regular basis during standard maintenance and which have similar usage cycles. The packages are designed to save the customer money by providing immediate access to ...

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    Cargo hold coating offers extended maintenance intervals

    2009-07-13T00:00:00Z

    Hempadur Ultra-Strength is a new epoxy coating from Hempel for ship cargo holds, that is claimed to offer an industry-leading repair interval. The coating provides high abrasion and impact resistance ? making it suitable for protecting ship cargo holds subject to rough treatment. Hempadur Ultra-Strength 47500 protects ship cargo holds ...