Latest News – Page 995
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K Line in order orgy
Kawasaki Kisen Kaisha ("K" Line) has awarded a contract to Samsung Heavy Industries for two 153,200m3 LNG Carriers scheduled for delivery in 3rd and 4th quarter of 2008. These new vessels will be fitted with the GTT Mk.III membrane cargo containment system and will be powered by dual-fuel diesel electric ...
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Aker to build for Farstad
Aker Yards is to build a multifunctional, anchor handling tug supply service vessel, of the type UT-712 L for Farstad Supply AS in Ålesund, Norway. The value of the contract is approximately NOK 250 million and the newbuilding is scheduled for completion in June 2006. The contract includes two options ...
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BMT opens new Aussie defence services subsidiary
UK-based BMT Defence Services Ltd, a subsidiary of British Maritime Technology Ltd (BMT), is establishing a new subsidiary based in Melbourne, Australia. The new company is named BMT Defence Services (Australia) Pty Ltd and is now operational. Last year the Australian Government announced a significant increase in spending in ...
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RR has new prop center in Mississippi
Rolls-Royce opened the doors today to a new machining center at its Propeller Center of Excellence in Pascagoula, Mississippi. The new facility, adjacent to the foundry, will improve manufacturing capabilities and production efficiency across a wide range of marine propellers and propulsors. Rolls-Royce has invested over $8 million in the ...
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Venezuela denies arms race
Venezuela?s Foreign Minister has denied rumours that the current negotiations to purchase four oil tankers from Spanish shipbuilder Izar are part of an arms race. He explained that all negotiations conducted with Spain and Argentina are directed solely to improve and renew older equipment. At the same time, Venezuela is ...
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BP opens new Channel bunker facility
Located at Portland Harbour on the English south coast, what has been declared as the most advanced bunkering facility in the UK commences service on the 10 March, offering shipping an important new ?weather-sheltered? fuelling option within easy reach of main shipping lanes in the English Channel. Portland Bunkers International ...
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Iridium riding high
Iridium Satellite LLC, the global supplier of mobile satellite communication services, said that it had more than 114,000 subscribers as of 31 December 2004, a 22.5% increase from 2003.The company's revenue for the full-year 2004 increased by 23.2% over total revenue for the previous year. These results reflect the success ...
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It's warship time in Mazagon
Mazagon Dockyard Limited (MDL), the Indian Navy?s premier shipbuilding facility, is all set to create Indian shipbuilding history. The warship-building facility is aiming to launch two naval warships this year. While unwilling to discuss the costs involved or when the ships would finally enter into service, Rear Admiral Ravi Bhatia, ...
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HMD scoops boxship contracts
Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has been awarded contracts worth a total $630 million to build 11 container ships. HMD will build five vessels for Germany's NY, one for Japan's Orix, three for P&O Nedlloyd and two for another Japanese shipowner.
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Hanjin clinches 5,100TEU quartet
Hanjin Heavy Industries won an order for four 5,100TEU container ships from a German ship owner for delivery by June 2008. Total contract price is $320 million.
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Daewoo builds Nigerian FPSO
Daewoo Shipbuilding & Marine Engineering (DSME) has won a $978 million order to build the world?s largest FPSO. The order was placed by Star Deep Water Petroleum, a Chevron Texaco subsidiary in Nigeria, and Nigerian National Petroleum Corporation (NNPC). The FPSO is destined for the multi-billion dollar Agbami field development ...
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Lubmarine new lubricant
TOTAL Lubmarine has developed a new cylinder lubricant specially designed for use with low-sulphur fuels. The lubricant, TALUSIA LS 40, has successfully completed in-service tests and is now approved by MAN B&W and WARTSILA Sulzer designs. TALUSIA LS 40 is available in the major European ports and should be available ...
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Naval craft T-84 commissioned
Fast attack naval craft T-84 was commissioned into the Indian Navy for operations in the coastal areas. The induction of the ship was in keeping with the Navy's policy to acquire high-speed fast attack craft for counter insurgency, anti-smuggling operations and better surveillance of the coastal areas, Navy sources said.The ...
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Industry scuttles safe ship disposal
Greenpeace and the Basel Action Network (BAN) condemned the special joint United Nations meeting on ship breaking as an utter failure today. The meeting was hijacked by the shipping industry interests throughout, blocking any attempts to clean up the practice of exporting toxic laden vessels to Asia, risking the health ...
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SembCorp wins $200M Project
Sembawang Shipyard, a subsidiary of SembCorp Marine, has signed a Letter of Intent with ConocoPhillips China to fabricate and integrate topsides for a new build FPSO vessel for a major oil development in Bohai Bay, China. Estimated at more than $200 million, the project is scheduled for completion in mid-2008. ...
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Daewoo develops construction weighing system
Errors between the design weight expected by ship owners and the real weight after construction can now be measured exactly through a new weighing system. R&D Management Section of Daewoo Shipbuilding announced that a new weighing system for large-sized construction has been developed that can weigh structures up to 10,000 ...
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BV tackles FPSO cracking
Bureau Veritas (BV) has launched new rules for FPSOs which embody extensive recent experience with large floating structures and enhanced spectral fatigue analysis. BV's Rules for the Hull Structure of Production, Storage, and Offloading Surface Units are the most up to date distillation of experience with a wide range of ...
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RINA Fleet Comfort awarded to GNV
Italian ferry operator Grandi Navi Veloci (GNV) has been granted the Fleet ComfortClass award by RINA, to certify the high level of comfort on board its whole fleet of cruise ferries. It is the first ever such certificate awarded to a complete fleet of passenger vessels.Grandi Navi Veloci is now ...
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Viking ready for surge in immersion suit demand
From 1 July 2006 some 35,000 commercial vessels, which normally carry just three immersion suits, will need to have at least one for each person on board according to the ship?s manning instructions. Before Resolution MSC.152(78) was adopted in May 2004, only three suits were needed, for the ?man overboard? ...
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EC agrees aid for German shipbuilders
The European Commission has approved a ?27 million scheme in Germany to provide innovation aid to shipbuilding. The scheme is the first of its kind to be approved after the entry into force in January 2004 of the Commission?s framework on state aid to shipbuilding. The framework introduced revised rules ...