All Motorship articles in Web Issue – Page 1066
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News
Aussie sub dispute ended
Following two years of acrimonious negotiations and legal challenges, the Australian federal government and the Swedish submarine designer Kockums have resolved to settle all outstanding disputes involving the Collins-class submarines. This breakthrough removes the last obstacles to the long-awaited sale of the government-owned Australian Submarine Corporation, the Adelaide-based builder of ...
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The Pride of America to sail in 2005
Norwegian Cruise Line (NCL) said that repairing the Pride of America cruise ship, damaged while being fitted out at the German shipyard of Lloyd Werft where it was undergoing a $340 million rebuilding contract to complete the unfinished hull, has now started. The German shipbuilder has been working on this ...
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A new 'one-stop-shop' for training ship crews
In April 2004, Wärtsilä signed a co-operation agreement with a maritime training academy in Turku, Finland, AB Utbildning Sydväst (Sydväst Maritime). Through this agreement Wärtsilä Land and Sea Academy (WLSA) provides accredited training courses and IMO/STCW-95 certificates will be awarded to successful graduates. This 'one-stop-shop' provides certified maritime training for ...
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HHI profit down
In the first quarter of the year, Hyundai Heavy Industries (HHI) posted $1.8 billion in sales, a 12% increase from the same period last year while it achieved $17 million. This is an 18.5% reduction in operating profit from the corresponding period last year. This decline is chiefly due to ...
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Deteriorating fuel quality is a long term trend says Lintec
Leading fuel testing agency Lintec saw 13.7% of all samples it tested exceed at least one parameter requirement in 2003. This represents a 4.5% increase in off-spec results over 2002. And Lintec believes that deteriorating marine fuel quality is a long-term global trend.In the latest issue of its Testing Times ...
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VT poised to capture Glasgow's last naval shipyards
Southampton-based VT Group will confirm its interest in buying the BAE Systems' yards at Govan and Scotstoun which will spark fresh fears for the future of the 2,300 Clydeside jobs. VT?s chief executive, Paul Lester, is reportedly set to spell out in a company financial statement exactly how interested his ...
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All-change for German shipbuilding
Germany's shipbuilding sector is facing a major restructuring in the wake of plans proposed by the ThyssenKrupp group to merge its shipyard business with that of US company One Equity Partners (OEP). A new group consisting of shipyards in Germany, Sweden and Greece would emerge with a combined turnover of ...
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Daewoo aims high
Daewoo Shipbuilding in South Korea claims it will achieve $17 billion turnover and $2.5 billion in operating profit by 2015. Jung Seong Leep, executive president & CEO of the shipbuilder, said that turnover this year including overseas subsidiaries would be $3.8 billion and $8.4 billion in 2010. Its operating profit ...
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Hanjin HI moving
Busan city in South Korea has officially received a request from Hanjin Heavy Industries to secure 1.22million ?u space near Busan new port. When the shipbuilder moves to its new location, the city expects that 100,000 jobs will be created.
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STX clinches four chemical tankers
STX Shipbuilding secured an order for four 10,600DWT chemical tankers plus four options from Clipper Group Management at a total price of $140millionb for the eight vessels. Thy will measure 116.50metres long, 20metres wide, 11.70metres deep, have a speed of 13.6 knots and will be delivered during 2006. As at ...
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Nakashima Propeller develops NAP propulsion system
Nakashima Propeller in Japan has revealed details of an electric propulsion system it has developed known as the NAP or Nakashima Advanced Pop-Propeller. The NAP comprises of a vertically positioned fixed speed electric motor that employs a non-azimuthing, low-cost, high efficiency mechanical drive, two rudders, and two shafts connected ...
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Norcontrol IT wins Swedish West coast VTS contract
Norcontrol IT has been awarded a major new VTS installation contract by the Swedish Maritime Administration to supply extensive upgrades to the Swedish West coast VTS, including replacement of the existing Norcontrol VTS 5000 system of Gothenburg Port. The contract was won against competition that included all the key VTS ...
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Lintec confirms Fujairah bunker problems
Fuel oil testing company Lintec says a number of recent fuel samples from bunker stems taken in Fujairah, in the United Arab Emirates, have tested positive for contamination by chlorinated cleaning solvents.These solvents have the potential to cause major engine damage, such as damaged fuel valves and sticking of engine ...
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US Navy to search Panamanian ships
The US Navy will be allowed to board Panamanian-registered commercial ships to search for weapons of mass destruction under a deal to be signed today. The agreement could help ease tensions sparked by US claims that Panama was failing to ensure that ships flying its ?flag of convenience? met tough ...
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Spain in the dock over shipyard subsidies
European regulators have demanded that Madrid reimburse ?308.3 million ($366 million) in illegal aid subsidies given to IZAR, the state-backed shipbuilder. IZAR, owner of all public shipyards in Spain, was granted the bail-out sums by state holding company Sociedad Estatal de Participationes Industriales (SEPI) to the tune of ?500 million ...
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CSIC establishes ship design research center
China Shipbuilding Industry Corporation (CSIC) has established a Ship Design Research Center funded by eight Chinese ship research, production and trading companies with a capital investment of $8.2million. The center will focus on research and development of offshore shipbuilding processes, design and technology. Head office is in Beijing with a ...
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New CATS ferry in a spot of trouble
The newly completed fast ferry Spirit of Ontario I has arrived in Toronto for some maintenance work and promotional events. Canadian American Transportation Systems (CATS), the private company launching the high-speed ferry service on Lake Ontario, issued a statement late Tuesday afternoon saying that the 774 passenger, 238 car capacity ...
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Wilh. Wilhelmsen orders PCTC trio
Norwegian shipping group, Wilh. Wilhelmsen ASA, has entered into a contract with Ray Shipping regarding the charter of 3 car carrier newbuildings on a 15 year time charter with options. The newly contracted vessels, which have a car carrying capacity of 6,500 units, will be delivered during 2006. The vessels ...
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China selects Volvo Penta in environmental program
Volvo Penta is delivering diesel engines to newly built 30 metre long tourist boats that will traffic one of China?s extensive inland lake system. The environmental features of the engines were decisive in the Chinese authorities? selection of supplier.When the Chinese authorities a while ago decided to build a number ...
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Shipyards vie for Exxon Mobil mega LNG carriers contract
The energy company Exxon Mobil wants to buy 28 LNG carriers over the next three years valued at $4 billion. This is too many for one shipbuilder to be able to build and a number of South Korean shipbuilders said they are in talks with the company to win the ...
