All Motorship articles in Web Issue – Page 1034

  • News

    US order for ME-C engines

    2005-01-17T00:00:00Z

    US shipowner Overseas Shipholding Group (OSG) has ordered eight MAN B&W ME engines as the main propulsion plant for four 216,000 cubic metre LNG carriers recently ordered from Korean yards Hyundai and Samsung. Each yard will deliver two vessels for the Rasgas II project for shipping Qatari gas to the ...

  • News

    Wärtsilä thruster plant for China

    2005-01-17T00:00:00Z

    Wärtsilä is developing its propulsion business and is setting up a wholly owned, state-of-the-art factory for ?transverse thrusters? in Wuxi, located approximately 100 km west of Shanghai, China. The name of the company is Wärtsilä Propulsion (Wuxi) Co. Ltd and production will start in mid 2005.The company will produce LIPS ...

  • News

    FAR places AHT contracts

    2005-01-17T00:00:00Z

    Farstad Supply AS, a wholly-owned subsidiary of Farstad Shipping ASA, has reached an agreement with Brevik Construction AS, a subsidiary of Aker Brevik, for the building of an anchor handling tug supply vessel for delivery in April 2006. The vessel is of design UT 712L from Rolls-Royce Marine, which also ...

  • News

    Daewoo develops LNG-RV

    2005-01-14T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSME) in Korea has developed a liquefied natural gas- regasification vessel (LNG-RV) for the first time in the world. The LNG-RV supplies regasified LNG directly into the distribution network without using storage facilities on land or huge tanks, which is convenient for meeting small-size demands.

  • News

    Hamworthy wins Chinese orders

    2005-01-14T00:00:00Z

    Hamworthy has won orders worth $5.2 million for cargo pump room systems to be installed on eight ships being built by Dalian Shipyard in China. Hamworthy cargo pump room systems have been specified for three 74,000 dwt oil tankers for Cosco Dalian, and five 75,000 dwt products tankers for a ...

  • News

    Volvo Penta expands plant in China

    2005-01-14T00:00:00Z

    Volvo Penta is expanding its Chinese engine plant, resulting in an increase in production capacity to about 10,000 engines annually. The plant, located in Wuxi, about 100 kilometers west of Shanghai, is jointly owned by Volvo Penta and its Chinese partner, Wuxi Diesel Engine Works.Inaugurated in the beginning of 2000, ...

  • News

    Mipo gets German bounty

    2005-01-14T00:00:00Z

    Hyundai Mipo Dockyard in South Korea has secured an order for six 1,800TEU container ships from Reederei Claus-Peter Offen in Germany at a price of $235.5 million. The new order attaches 14 more options bringing the total contract value to about $800 million. The first ship will be delivered in ...

  • News

    Aker Yards confirms ferry contract

    2005-01-14T00:00:00Z

    With reference to a letter of intent announced on 29 December 2004, Aker Yards has now received confirmation from Fjord1 in the form of a firm contract for the building of five gas powered ferries. The contract is worth approximately NOK 1.2 billion and delivery is scheduled for second half ...

  • News

    Wärtsilä to acquire DEUTZ marine engine service business

    2005-01-14T00:00:00Z

    Wärtsilä has acquired the assets of the DEUTZ AG's medium and large marine engine service business for a price of EUR 115 million, including fast moving spare parts stock.The business consists of original spare parts sales, repair and maintenance for DEUTZ medium and large marine diesel engines. This portfolio covers ...

  • News

    Wärtsilä joins AARC

    2005-01-14T00:00:00Z

    Wärtsilä will take part in the newly formed Aker Arctic Technology Inc (AARC) with a 12.5% stake. The company is a subsidiary of Aker Finnyards and commenced operations on 1 January this year. ABB and Aker Kvaerner Engineering and Technology AS are the other owners. AARC will continue the activity ...

  • News

    Korean shipbuilders fight steel price hike

    2005-01-13T00:00:00Z

    The Korean Shipbuilders? Association (KSA) is strongly resisting a hike in steel prices by Japanese steel makers who are attempting to increase the price of steel plates by $100 per tonne from the second quarter this year. Official negotiation will start next week. KSA says that the price per tonne ...

  • News

    Schottel success continues

    2005-01-13T00:00:00Z

    The German propulsion manufacturer, Schottel, with headquarters in Spay/Rhine, remains on course for success by rounding off 2004 with another sales record. The corporate goal of 100 million euro in group sales for the new building and service sectors was achieved (2003: 90 million euro). Exports accounted again for about ...

  • News

    Damen to build LSV for Dutch navy

    2005-01-13T00:00:00Z

    A contract was signed between the Royal Netherlands Navy (RNN) and Damen Shipyards Gorinchem for the design and construction of a Logistic Support Vessel (LSV).Following a tender procedure the initial award took place at the end of 2004 after which the contract was signed early January. The 65 metre long ...

  • News

    "K" Line gets two new bulkers

    2005-01-12T00:00:00Z

    Construction of two new cape-size bulkers ordered by Kawasaki Kisen Kaisha, Ltd. ("K" Line) group was completed in the beginning of January. A 200,000dwt Cape-size bulker named Cape Rosa was delivered from Universal Shipbuilding Corporation's Tsu Shipyard and set sail for Australia. This is the first vessel in a series ...

  • News

    India?s shipyards booming

    2005-01-12T00:00:00Z

    While the big public sector shipyards in India are struggling with low order books, their smaller counterparts in the private sector that are engaged in building smaller vessels are being bolstered by a surge in demand. These private shipyards are getting an increasing flow of orders from foreign companies for ...

  • News

    Kvaerner Philadelphia starting work on oil tanker

    2005-01-11T00:00:00Z

    The Kvaerner Philadelphia Shipyard is beginning work on a fifth ship, an oil tanker, and eventually could build as many as 10 tankers. The vessels would help replace an aging fleet of 42 such tankers that companies currently use to haul oil and chemicals between U.S. ports.Some of the current ...

  • News

    Iran plans to build LNG carriers

    2005-01-11T00:00:00Z

    Iran is planning to undertake the construction of LNG carriers. An official in Sadra Company said, "French technology is employed in the manufacture of the vessels and grounds are paved for manufacturing 300,000 dwt oil tankers as well as 150,000 cubic metre LNG carriers." There would be a requirement for ...

  • News

    Crisis over for Norwegian shipbuilders

    2005-01-10T00:00:00Z

    The crisis in the Norwegian shipbuilding industry is apparently over although some of the smaller yards still face grave problems. In 2004 Norwegian yards received orders worth altogether $1.9 billion. This follows a relatively lean four years where newbuilding orders were scarce and many yards faced hardship. The main reasons ...

  • News

    Iran needs LNG tankers for Indian contract

    2005-01-10T00:00:00Z

    In order to export its LNG to India, Iran will require more than eight tankers, an official in National Iranian Oil Tanker Co. (NIOTC) said. "Although, detailed studies have not been carried out yet in this regard, India has expressed its readiness to participate in the manufacture of the ships", ...

  • News

    Volvo technology revolutionizes boat life

    2005-01-10T00:00:00Z

    Volvo Penta has launched its new propulsion system for boats, the Volvo Penta IPS (Inboard Performance System). The new system is claimed to dramatically improve speed while also being quieter, cleaner and extremely maneuverable.The new system, which resembles azimuthing propulsors, features propellers that are turned in the direction in which ...