All Motorship articles in Web Issue – Page 818

  • News

    Hegemann applies for guarantees

    2009-06-16T00:00:00Z

    German shipbuilding group Hegemann has applied for state guarantees of Euro 9m ($12.6m) to secure the financing of an order. A spokesman for the finance ministry of Mecklenburg-Western Pomerania said that the committee in charge had already discussed additional state help for the shipbuilder but had deferred a decision. Bremen-based ...

  • News

    First LCS completes acceptance trials

    2009-06-16T00:00:00Z

    The US Navy's first Littoral Combat Ship (LCS), USS Freedom (LCS 1), successfully conducted its second and final round of acceptance trials last month. The 378-foot Freedom, designed and built by a Lockheed Martin-led industry team, conducted the acceptance trials off the Virginia coast. The trials, which were a coordinated ...

  • News

    Samsung-Dohle/CSAV order talks ongoing

    2009-06-15T00:00:00Z

    Negotiations between Samsung Heavy Industries and shipowners Compania Sud Americana Vapores of Chile and German owner Peter Dohle surrounding orders for 12 mega-boxships have yet to reach a conclusion. An SHI source said, "The negotiations are very complex but I can tell you nothing has been agreed." The source was ...

  • News

    STX wins MR tankers

    2009-06-15T00:00:00Z

    South Korea's STX Offshore & Shipbuilding has received newbuilding orders for the construction of a total of eight 50,400 DWT tankers (options for four units included) from a European shipowner for $340m in total.

  • News

    Korea?s first icebreaking RV launched

    2009-06-15T00:00:00Z

    South Korea's first icebreaking research vessel ?Araon' has recently been launched at Hanjin Heavy Industries & Construction shipyard in Busan City. The research vessel is expected to be used for the exploration activities in the Antarctic and accelerate the establishment of South Korea's second Antarctic institute.The newbuilding will be delivered ...

  • News

    Danaos postpones deliveries

    2009-06-15T00:00:00Z

    Danaos has delayed the delivery of five 12,600 teu containerships by a year, to 2012. This brings the total number of newbuilding delivery delays worked out by John Coustas, the Athens-based containership owner, this year to 15 out of its total orderbook of 30. Danaos negotiations for delays were an ...

  • News

    Indian shipowners cut expansion plans

    2009-06-15T00:00:00Z

    Reuters reported that Indian shippers are cutting their acquisition plans and buying vessels in the second hand market instead of placing new orders as overseas funding, their biggest source of financing, dries up. Varun Shipping has slashed its acquisition budget this year by three quarters to $100 million and will ...

  • News

    Interest in offshore conversion work rising

    2009-06-15T00:00:00Z

    There has been a resurgence of interest in conversion work as companies look at offshore units again. According to Drydocks World executive chairman Geoff Taylor, the company has seen increased interest in offshore conversion projects and other offshore work as oil prices continue to rise.Taylor said that there has been ...

  • News

    UNM liquidation confirmed

    2009-06-15T00:00:00Z

    A French appeal court has confirmed the liquidation of ship repair yard Union Naval Marseille. The original March decision had been contested by UNM's workforce. Workers' spokesman Jean-Luc Guasco said the decision was "predictable". Employees are hoping to persuade Finance and Economy Ministry officials to back a plan for a ...

  • News

    Chinese shipyards loosing steam

    2009-06-15T00:00:00Z

    According to a report issued by China Association of the National Shipbuilding Industry (CANSI), China's shipyards continue to scrape along with continuing declines in new business and growing risk of cancelled orders. The industry began losing steam in the second half of 2008 and business in the first four months ...

  • News

    Japan yards to see more cancellations

    2009-06-15T00:00:00Z

    Japanese shipbuilders could yet be hit by order cancellations as the regional shipowning community based around the Seto Inland Sea prepares to pull out on verbal shipbuilding deals.The yards have been generally viewed as immune to the cancellation rush because the country's orderbook is based on firm contracting with refund ...

  • News

    China eying bigger share of shipbuilding

    2009-06-15T00:00:00Z

    China's government is seeking to expand its share of the global shipbuilding industry to more than 35% by 2011, aiming to raise production to 50 million tonnes by then. The plan includes government support for qualified companies pursuing listings and issuing bonds. The cabinet also said it would expedite the ...

  • News

    Bergen wins construction ship

    2009-06-15T00:00:00Z

    Germany's Schiffahrtskontor Altes Land is to enter the deepwater oil and gas construction market after signing a deal with Norway's Bergen Group for a new ship. SAL intends to order an advanced construction class vessel from Bergen Group's Laksevåg yard for a 2012 delivery to capitalise on rising demand for ...

  • News

    Wave piercing technology for the offshore market

    2009-06-11T00:00:00Z

    Wave piercing technology is a well-proven concept for high-speed catamarans and trimarans. Now, at NorShipping, Rolls-Royce says that it is bringing the benefits of this to the offshore market, with the new UT 790 CD vessel design.Rolls-Royce Chief Design Manager ? Offshore Svein Kleven said: "With the UT 790 CD, ...

  • News

    Wärtsilä opens new facilities in Mexico

    2009-06-11T00:00:00Z

    Wärtsilä has opened a new office and workshop complex in Mexico, in the city of Veracruz, which is the largest container shipping port in the country and is home to the Mexican Merchant Marine Academy. The new facilities will further expand Wärtsilä's offering in all market segments, especially in the ...

  • News

    Mechanical drives can now be converted to diesel-electric

    2009-06-11T00:00:00Z

    Rolls-Royce, power electric systems division (formerly known as Scandinavian Electrical Systems) has developed a system for converting old diesel mechanical systems into more efficient electrical propulsion Suitable for platform supply ships, coastal vessels and offshore patrol boats that operate at low speeds or in standby mode, the system reduces the ...

  • News

    Sustainable Shipping nominees announced

    2009-06-11T00:00:00Z

    The companies and individuals shortlisted for the inaugural Sustainable Shipping awards have been announced. The awards, recognising, rewarding and celebrating those who have made significant strides in positively tackling increasingly vital environmental issues in shipping, will be presented in London on 15 July, at an event timed to coincide with ...

  • News

    Intertanko supports IMO GHG initiatives.

    2009-06-09T00:00:00Z

    At NorShipping, tanker industry body Intertanko reinforced its support for IMO action on emissions to air, but expressed considerable concern about the EU plans to impose strict limits for sulphur emissions in advance of the IMO timetable.In a paper submitted to the MEPC, Intertanko strongly supports the ongoing development by ...

  • News

    First examples ordered of new thruster

    2009-06-09T00:00:00Z

    Berg Propulsion has signed a contract with Dubai Shipbuilding and Engineering to deliver the first two production units of the Berg Propulsion Azimuth Thruster (BAT) in early 2010.The BAT is designed in-house by Berg subsidiary Berg Propulsion Technology. The design is derived from experience acquired by Berg Propulsion with its ...

  • News

    How to make ships more efficient?

    2009-06-09T00:00:00Z

    This was the key question posed by Germanischer Lloyd (GL) at the Nor-Shipping fair in Oslo. At a press conference, the classification society and technical assurance and consulting company described its latest green initiatives, current market developments and new design and fuel-saving options."Reducing the environmental impact of shipping in order ...