Latest News – Page 787

  • News

    Frontline cancels six tankers

    2009-05-30T00:00:00Z

    John Fredriksen's Frontline has cancelled orders for six newbuilding very large crude carriers and Suezmaxes at Chinese shipyards worth more than $550m and representing 33% of its order-book. However, Jens Martin Jensen, now Frontline Management's permanent chief executive, said Frontline did not expect to cancel further newbuilding contracts. After the ...

  • News

    Russian and Finnish marine industries strengthening cooperation

    2009-05-29T00:00:00Z

    The Association of Finnish Marine Industries (AFMI) and Russian joint stock company United Shipbuilding Corporation (OCK) have signed a cooperation agreement in Helsinki, with an aim to explore the opportunities of Finnish shipbuilding and marine industry to participate in shipbuilding programmes of Russian shipyards. OCK is a joint stock company ...

  • News

    New pilotage vessels for Belgium

    2009-05-29T00:00:00Z

    Flemish Prime Minister Kris Peeters signed a contract for new pilot vessels to be built by Abeking & Rasmussen in Germany. The order calls for delivery of three 25m SWATH pilot tender and one 60m SWATH pilot station vessel to enter service in 2011 and 2012. Including these new pilot ...

  • News

    Pearl Seas forced to cancel 2009 programme

    2009-05-29T00:00:00Z

    Pearl Seas Cruises, a new cruise company based in the US, has cancelled its cruise programme for the remainder of the 2009 touring season in the Atlantic region for a luxury cruise ship building at the Halifax Shipyard in Canada. The company announced that it was forced to cancel the ...

  • News

    Golar Winter leaves yard for Brazil

    2009-05-29T00:00:00Z

    Golar Winter, Golar?s newly converted FSRU, recently sailed from Keppel shipyard in Singapore for Brazil and is Petrobras? second FSRU and sister to Golar Spirit. Both vessels are classed by DNV.Jan Koren, who heads DNV?s tanker business, said the vessel is expected to be stationed at Petrobras?s LNG import facility ...

  • News

    New ice-breaker for Japan

    2009-05-29T00:00:00Z

    ?Shirase?, a new ice-breaker, has arrived at its homeport in Yokosuka where Japan?s Maritime Self-Defence Force has a base. At 12,650 tonnes, the 'Shirase' has a length of 138m, a beam of 28m and has state-of-the-art ice-breaking capabilities. Built at the Universal Shipbuilding yard in Maizuru at a cost of ...

  • News

    STX seeks government help in Europe

    2009-05-29T00:00:00Z

    The Managing Director of STX Europe has called on the Finnish Government to place orders for vessels to help STX Europe?s yards in Finland get through these tough times. Martin Landtman said that the country did not have a vessel capable of fighting oil pollution in ice conditions. He also ...

  • News

    California ARB reg could lead to propulsion failures

    2009-05-29T00:00:00Z

    The Air Resources Board (ARB) in California has a proposed regulation under review that, if approved as expected, will require ocean going vessels to use low sulphur marine distillates in main engines, auxiliary engines, and auxiliary boilers beginning on 1 July, 2009 in regulated California waters. The state defines regulated ...

  • News

    China Steel, Sumitomo plan Vietnam mill

    2009-05-29T00:00:00Z

    Vietnam has granted an investment licence to a consortium of foreign firms led by China Steel, Sumitomo Metal and Sumitomo Corp to invest $1.15 billion in a steel mill in the country's southern region.The project would be operational by 2013 with a design capacity of 1.6 million tonnes per year ...

  • News

    LR opens another office in China

    2009-05-29T00:00:00Z

    Lloyd?s Register?s latest office in China, its 14th, was opened recently and will initially employ more than 20 with the number rising to 30 in the coming weeks.Nick Brown, Country and Marine manager, PR China, heralded the occasion as an important step for LR in its continued investment in the ...

  • News

    Russia to modernize fishing fleet

    2009-05-29T00:00:00Z

    Head of the Russian Federal Fishery Agency, Andrey Krainy, says cooperation with Norway over trawler fleet modernization is a necessity. The obsolete Russian fishing fleet now is in dire need of upgrades and Krainy said "Our fishermen cannot compete with the Norwegians because the prime cost of our production is ...

  • News

    Asian shipyards expand LNG carrier portfolios

    2009-05-29T00:00:00Z

    Officials from major Asian LNG carrier shipyards at Gastech 2009 have said that, while 2009 has been a quiet year so far, they are confident that 2010 will see an upturn in orders, especially from clients looking for floating storage and regasification units (FSRU). Chan Won Moon, who works for ...

  • News

    New LNG sloshing guidelines

    2009-05-29T00:00:00Z

    Lloyd's Register has published a new guidance document for the design of membrane-technology liquid natural gas containment systems. The document is aimed at improving design procedures with respect to sloshing forces, and is the result of a long programme of research and development, including extensive consultation with industry, and an ...

  • News

    Asia to become world's dominant shipping force

    2009-05-29T00:00:00Z

    What might feel like a global shipping meltdown will, in hindsight, be viewed as a worldwide shift to an Asian domination of the maritime industry. Such was the conclusion of a recent shipping finance forum in Tokyo. Asia's determination to protect its shipbuilding industries and to secure its means of ...

  • News

    Japan ranks top in order intake

    2009-05-29T00:00:00Z

    According to the Korea Shipbuilders' Association (Koshipa), South Korean shipbuilders have received new ship orders of 171,000 cgt in the first quarter of 2009, placing it 2nd in market share after Japan. Koshipa released a report entitled "Current Situations and Prospects of Shipbuilding Industry" which said Chinese shipyards secured new ...

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    News

    Motorship Conference - from beyond 2009 to pre-1904 in two days

    2009-05-28T00:00:00Z

    Delegates to the Motorship Propulsion and Emissions Conference study the 1932 B&W engine at the MAN Diesel House museumThe 2009 Motorship Propulsion and Emissions Conference, held on 26-27 May in Copenhagen, Denmark, was judged by all to have been a resounding success.In such uncertain times it was remarkable that the ...

  • News

    Versatile tanker from Turkish yard

    2009-05-27T00:00:00Z

    The Turkish shipbuilder ?i?ek Shipyard has delivered the 3,087 DWT double-hull tanker Frecciamare to the Italian shipowner Ciane Anapo. Based in Augusta, on the east coast of Sicily, Ciane Anapo is part of the Novella Group, which specialises in coastal tanker and bunker operations.Frecciamare was completed as Chem Flower, the ...

  • News

    Single supplier for safety services

    2009-05-27T00:00:00Z

    In a significant review of its safety operations, Exmar Shipmanagement has awarded a contract to Wilhelmsen Ships Service to handle all safety-related business throughout the fleet, including a liferaft rental programme and complete port agencies service. As part of the programme, Exmar Shipmanagement has concluded a liferaft rental agreement for ...

  • News

    Class guidance notes for LNG cargoes

    2009-05-27T00:00:00Z

    Lloyd's Register, claimed to be a leader in the classification of LNG carriers, has published a new guidance document for the design of membrane-technology liquid natural gas containment systems. The document is aimed at improving design procedures with respect to sloshing forces, and is the result of a long programme ...

  • News

    Latest emissions research presented at Motorship conference

    2009-05-27T00:00:00Z

    The second phase of the Emission Minimisation (EMI MINI) research project, a joint effort to reduce marine engine emissions, is nearing completion.Funded by the German government and involving leading diesel engine design experts, including Caterpillar Motoren, AVL Deutschland, L?Orange, WTZ Roßlau and the University of Rostock, the first phase of ...