All Motorship articles in Web Issue – Page 1051
-
News
Aker's EBITA on course
Aker Yards ASA reported an EBITA (Earnings Before Interest, Taxes and Depreciation) of NOK 148 million in the second quarter, which corresponds to an EBITA-margin of 4.5%. The margin so far this year is 5.2% and operations are developing according to plan, and the guidance for this year is maintained. ...
-
News
MES achieves record
Mitsui Engineering and Shipbuilding (MES) in Japan reports that its accumulated diesel engine production has reached 45 million bhp (33 million kW) and is the first engine manufacturer in the world to achieve this output. The engine marking this occasion is a MAN B&W 7S50MC Mark6, which will be installed ...
-
News
NYK to transport Nigerian LNG
NYK has concluded a long-term charter agreement for two 149,600 cubic metre membrane type LNG carriers with Nigeria LNG Limited and a shipbuilding contract for the new gas carriers with Samsung Heavy Industries. This is the first move for the NYK's LNG Group to conduct business in Nigeria. Moreover, NYK ...
-
News
HAL installs net cutter system
Holland America Line (HAL) has installed Spurs Marine?s line and net cutter system on both cp propellers of its cruise ship Volendam. This follows a similar installation on the sister vessel Veendam in May, this year. HAL has told Spurs Marine that it intends to install the cutter system on ...
-
News
LNG bonanza for Korean shipbuilders
A number of South Korean shipbuilders are currently holding discussions with ExxonMobil on a multi-billion dollar deal to build liquefied natural gas (LNG) carriers for the global energy giant. Exxon has been looking for suppliers of 28 LNG carriers worth $4billion over the next three years. Hyundai Heavy Industries, the ...
-
News
Aker gets another PSV order from DOF ASA
Norway-based DOF ASA has confirmed the conditional contract to build an MT 6009 Platform Supply Vessel (PSV) at Aker Brattvaag, a company in the Aker Yards Group. The contract is worth approximately $20 million and delivery is scheduled for the second half of 2005.The MT 6009 is one of a ...
-
News
Ferry returns to service
Pont-Aven, Brittany Ferries? $180 million flagship, returned to service today, nearly a fortnight after a fault left it stranded in a UK port. The problem arose from a cracked cooling valve resulting in 1,200 tonnes of seawater flooding the engine room.Following repairs in Brest, France, the ship today set sail ...
-
News
ME success continues
Just over a year after Hudong Heavy Machinery Company (HHM) in Shanghaipresented the first Chinese-built 80 cm bore MC engine, they can now claim the distinction of having the first ME orders in China. Also, Izar MDE in Spain has received ME orders this month.HHM has received orders for 10 ...
-
News
China Shipping to expand VLCC fleet
China Shipping Group is considering buying six to eight VLCCs within the next two years. The state-run company expects to take delivery of the first of its 300,000dwt tankers in November, the newspaper reported. According to China Shipping?s president, Sun Zhitang, the company plans to order a further 15 VLCCs ...
-
News
Bharati bags GE Shipping order
Bharati Shipyard, Mumbai, one of leading private owned shipyards in India, received a repeat order for two 80 tonne bollard pull anchor handling tug supply vessels (AHTS) from the Great Eastern Shipping Company(GE Shipping). Last year, GE Shipping had placed orders for two 120 tonne and two 80 tonne AHTSs ...
-
News
Port Weller dry-dock gets $30M contract
Canada Steamship Lines (CSL) has awarded a $30 million contract for vessel repairs to be done at the Port Weller Dry Docks in Canada?s Niagara region. The project involves the forebody replacement and steel renewal of the bulk carrier Jean Parisien and the work will be carried out by Canadian ...
-
News
TCR, the next generation
Following the successful introduction of the TCA axial turbocharger two years ago, MAN B&W Diesel Group has expanded the range to include a completely new radial turbocharger. The TCR turbocharger will replace the current NR series which has been in production for nearly 50 years culminating in the current NR/S ...
-
News
James Fisher?s latest launched in Korea
James Fisher & Sons plc, one of the UK?s leading marine services providers, has launched a new tanker, the Cumbrian Fisher, at the Samho Shipbuilding Company in Korea. The vessel, a clean product/chemical carrier, will go on sea trials in September for delivery towards the end of the year. A ...
-
News
Volvo Penta launches new marine diesel engines
Volvo Penta is continuing with the renewal of its product range which will include the D9 diesel engine and high-performance versions of the new generation medium-heavy D4/D6 diesel engines introduced by Volvo Penta in 2003.The D9, which is being launched in 500-hp and 575-hp versions, is an inline six-cylinder marine ...
-
News
CSIC chooses HK for regional office
China's largest shipbuilding company, China Shipbuilding Industry Corporation (CSIC), opened an office in Hong Kong and is registered as China Shipbuilding and Offshore International (HK) Co. The Hong Kong operation is wholly-owned by the CSIC's subsidiary China Shipbuilding and Offshore International Co. Ltd. (CSOC) and will serve as a regional ...
-
News
Austal high on commercial and defence projects
Austal, the Australian shipbuilder, reported a net profit after tax and outside equity interests of $20.1 million for the financial year ended 30 June 2004. This significantly improved result flows from a shift from building luxury yachts to patrol boats. Austal has consistently performed well in commercial vessels and patrol ...
-
News
Scrap market cools down
Tankers sold for scrap at ship breaking yards fell 40% during the first seven months of the year as surging freight rates prompted owners to keep vessels in service, London-based shipbroker Simpson, Spence & Young said.About 60 oil tankers totalling 5.5 million dwt were scrapped during the period, down from ...
-
News
KOTC signs newbuilding contract
The Kuwaiti Oil Tanker Company (KOTC) finalized a contract with the Korean shipbuilder Hyundai Heavy Industries at a cost of $182 million to build three tankers for delivery in 2006, 2007 and 2008.
-
News
NCL first with onboard cell service
NCL Corporation will be the first cruise line to bring passengers on North American cruises the ability to use their cell phones even when communications towers are oceans away. The company is providing the innovative new offering through Wireless Maritime Services, a joint venture of AT&T Wireless and Maritime Telecommunications ...
-
News
Radix Marine to build prototypes
Radix Marine, a US-based marine vessel development company specializing in port and homeland security and defense initiatives, signed a contract to build two prototype manned vessels with a marine technology company, Advanced Marine Concepts (AMC). The vessels will be built in Radix Marine's new manufacturing facility, making them the first ...
