Latest News – Page 956

  • News

    California Clean Coast Act

    2005-12-19T00:00:00Z

    The State of California Clean Coast Act comes into effect on 1 January 2006 and prohibits incineration onboard oceangoing ships operating within three miles of the California coast. The law also prohibits release of hazardous or other waste, sewage sludge and oily bilge water into marine waters of the state. ...

  • News

    Brazilian ballast water requirement

    2005-12-19T00:00:00Z

    Owners have reported encountering difficulties with the new Brazilian ballast water management requirements issued by the Directoria de Portos e Costas (DPC). The new regulations came into affect on October 15, 2005 and apply to all commercial ships calling on Brazilian ports and terminals regardless of flag. The new regulations ...

  • News

    IACS adopts Common Structural Rules

    2005-12-19T00:00:00Z

    IACS Council has unanimously adopted the Common Structural Rules for implementation to Tankers and Bulk Carriers contracted for construction on/after 1st April 2006. At its December meeting the Council received presentations from the JTP and JBP project teams and took into consideration all the comments received from industry including shipowner ...

  • News

    Royalties hit Korean shipbuilders? earnings

    2005-12-19T00:00:00Z

    South Korean shipbuilders are paying large royalties on a core foreign technology for manufacturing LNG carriers, causing a big reduction in their earnings. To build LNG carriers, most Korean and foreign shipbuilders currently use a membrane containment system developed by Gaz Transport & Technigaz of France, a key technology for ...

  • News

    Korea and China win new orders

    2005-12-19T00:00:00Z

    China Shipping has won a new order for a 8,530TEU container ship with Hudong Zhonghua Shipbuilding in China for delivery on late 2008. Daehan Shipbuilding in South Korea clinched three 10,000DWT multi purpose carriers from Normed Line for delivery in 2008. Samho Shipbuilding also won two 12,800DWT chemical tankers new ...

  • News

    Aker inks fourth Tallink contract

    2005-12-19T00:00:00Z

    The option agreement Aker Yards and Tallink had for a large cruise ferry was recently confirmed and the 165 million euro vessel will be built at the Helsinki yard for delivery in summer 2008. She will be a sister ship to ?Galaxy? launched at the yard in Rauma early this ...

  • News

    LNG propulsion guide from ABS

    2005-12-16T00:00:00Z

    The surge in liquefied natural gas (LNG) carrier newbuildings and the accompanying development of a new generation of these specialized ships has generated interest in alternative propulsion systems. These alternatives are addressed in the new ABS Guide for Propulsion Systems for LNG Carriers, the first such comprehensive set of standards ...

  • News

    SMIT expands into Brazil

    2005-12-16T00:00:00Z

    SMIT is taking another step in its strategy to expand its harbour towage activities by acquiring 50% of Rebocadores do Brasil S.A. (Rebras). Rebras already owns three 55 tonne bollard pull harbour tugs which are chartered out on bare boat basis. The company, to be renamed SMIT Rebocadores do Brasil ...

  • News

    ASL clinches new contracts

    2005-12-16T00:00:00Z

    ASL Marine headquartered in Singapore, has clinched new deals worth $24 million. The latest contracts are for the construction of three work barges and four rotor tugs to be delivered to customers in Europe. The three work barges are expected to be completedby June 2006 and the four rotor tugs ...

  • News

    Contract signed for Brazil FPSO

    2005-12-16T00:00:00Z

    Dutch bank ABN Amro's specific purpose company CDC in Brazil has signed a contract with Brazil's federal energy company Petrobras to build the topside of the P-53 FPSO. This FPSO will produce oil at the Marlim Leste field in the Campos Basin, located 120 km off the coast of Rio ...

  • News

    Germanischer Lloyd publishes new rules for materials

    2005-12-16T00:00:00Z

    The revised and expanded Rules for Materials and Components of Germanischer Lloyd (GL) are now available. The Rules define the properties of various metallic materials and lay down the requirements for the production processes and the manufacturers. The prerequisites and conditions for the corresponding approvals are also stipulated. For the ...

  • News

    NorseMerchant introduces second newbuilding

    2005-12-16T00:00:00Z

    NorseMerchant Ferries, recently acquired by Norfolkline, has introduced its latest Italian-built passenger/freight ferry onto the Irish Sea ahead of schedule. The ship in question is the 26,500 gt ropax ferry Mersey Viking, which arrived in the Port of Liverpool last month for berthing trials at the company's Twelve Quays terminal ...

  • News

    Skaugen orders Chinese LPG/ethylene carriers

    2005-12-15T00:00:00Z

    Norwegian-based IM Skaugen (IMS) has ordered the first four of a series of 10 specialized combination carriers capable of handling both LPG/Ethylene and organic chemicals. These newbuildings are planned to be built at an unnamed Chinese yard near Shanghai at a cost of about $25m per vessel. IMS has also ...

  • News

    Vietnam starts container production plant

    2005-12-15T00:00:00Z

    The Vietnam Shipbuilding Industry Corporation (Vinashin) recently started its construction of a container production plant in Lai Vu commune, Kim Thanh district, Northern Province of Hai Duong. The plant, the first of its kind to be built in Vietnam, has a capacity of 30,000 TEU per year to meet the ...

  • News

    Thales-DCN merger goes ahead

    2005-12-15T00:00:00Z

    The French government has announced a tie-up between defence company Thales SA and state-owned warship builder DCN, a long-anticipated deal seen as a step toward wider consolidation in European shipbuilding. The government will retain 75% of DCN after the deal with Thales in which the state also has a 31% ...

  • News

    UK Carrier project gets green light

    2005-12-15T00:00:00Z

    The British government gave approval for an alliance of five shipbuilders to press ahead with designing the biggest warships ever built in the UK. The Aircraft Carrier Alliance consortium would also now include Britain's largest shipbuilder, VT Group, and Scottish Babcock International. The alliance had hitherto comprised defense giant BAE, ...

  • News

    Kogas plans four LNG tankers

    2005-12-15T00:00:00Z

    Korea Gas Corp., the world's biggest buyer of liquefied natural gas, is seeking a $938 million loan to purchase four LNG tankers for a joint operation it is setting up with three other Korean companies. "We're trying to broaden our LNG business and secure LNG supply," said Lee Seung, head ...

  • News

    Aker signs Color contract

    2005-12-15T00:00:00Z

    The Letter of Intent for two fast ropax day ferries signed on 2 November by Aker Yards and Color Line has been confirmed as a firm contract worth approx. EUR 250 million.The vessels, to be delivered during 2007-2008 from Aker Yards, Rauma, are intended for the Denmark-Norway services. The working ...

  • News

    Four more Carnival cruise ships for Fincantieri

    2005-12-15T00:00:00Z

    Carnival Corporation has reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion. The contract, which is subject to the approval of the board of directors of Carnival Corporation, calls for the construction of four new vessels, one each for ...

  • News

    Quanzhou expands

    2005-12-14T00:00:00Z

    Quanzhou Shipyard in Fujian, China, will complete a 300,000DWT and a 170,000DWT dry dock by mid-2006. Total investment is $99 million. When completed, shipbuilding capacity of the two docks will be 1.5 million DWT per year.