All Motorship articles in Web Issue – Page 820

  • News

    Common rules and standards for ship inspection published

    2009-06-02T00:00:00Z

    The European Marine Equipment Council (EMEC) has welcomed the new regulation (EC) 391/2009, published on 28 May. Amongst others, the Regulation will, if effectively implemented, in the coming years, lead to the harmonisation of class rules, paving the way for the creation of a clear and coherent regulatory framework for ...

  • News

    First green passport for CMAL

    2009-06-02T00:00:00Z

    The passenger and vehicle ferry Canna has become the first ship in Caledonian Maritime Assets Ltd's fleet to be issued with a Lloyd?s Register 'Green Passport'. This follows a training workshop for CMAL staff and a comprehensive audit process managed by LR. The Green Passport - officially termed an ...

  • News

    Economou backs GRI

    2009-06-02T00:00:00Z

    George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched in May. The $300m GRI aims to integrate the needs of steel producers to be able to produce ethically sourced steel from traceable scrap and the needs of shipowners to recycle ships ...

  • News

    CSSC plans new shipyard

    2009-06-01T00:00:00Z

    Despite the collapse in the newbuilding market, state-owned Chinese shipbuilder China State Shipbuilding Corporation (CSSC) is planning to invest up to Yuan10bn ($1.5bn) to build a shipyard in Zhongshan , Guangdong province. The project is located adjacent to the Zhongshan Industrial Development Zone, with a total land area of 4,800 ...

  • News

    Creditors eager to revive Jinse

    2009-06-01T00:00:00Z

    Three non-life insurance companies which are creditors of Jinse Shipbuilding of South Korea are requesting another creditor banks to delay collecting debts but the banks are refusing to do so. Meritz Fire & Marine Insurance, Heungkuk Fire & Marine Insurance and Hanwha Non-life Insurance has recently sent an official document ...

  • News

    Gulf capital buys Polish shipyards

    2009-06-01T00:00:00Z

    Gulf capital is behind the consortium which bought two of Poland's three historic shipyards this week, Polish Prime Minister Donald Tusk indicated Saturday. "There is a specific fund which represents the interests and financial potential of that region. It would not have been possible without my many visits to Qatar ...

  • News

    Malta calls for fresh bids

    2009-06-01T00:00:00Z

    The Maltese government has asked bidders who submitted offers for the four business units comprising the Malta Shipyards to reconsider the financial portions of their bids and they have until 20 June to submit their new proposals. It is understood that the government has directly indicated to the bidders that ...

  • News

    Owners ask yard for lower prices

    2009-06-01T00:00:00Z

    Taizhou Sanfu Ship Engineering is set to begin talks with owners who have requested lower contract prices for bulk carriers already on order. The privately-owned Chinese shipyard said that it had received no requests to cancel any ships on its orderbook, now comprising 47 vessels. But commercial director Qin Weimin ...

  • News

    Frontline cancels six tankers

    2009-05-30T00:00:00Z

    John Fredriksen's Frontline has cancelled orders for six newbuilding very large crude carriers and Suezmaxes at Chinese shipyards worth more than $550m and representing 33% of its order-book. However, Jens Martin Jensen, now Frontline Management's permanent chief executive, said Frontline did not expect to cancel further newbuilding contracts. After the ...

  • News

    Japan ranks top in order intake

    2009-05-29T00:00:00Z

    According to the Korea Shipbuilders' Association (Koshipa), South Korean shipbuilders have received new ship orders of 171,000 cgt in the first quarter of 2009, placing it 2nd in market share after Japan. Koshipa released a report entitled "Current Situations and Prospects of Shipbuilding Industry" which said Chinese shipyards secured new ...

  • News

    New ice-breaker for Japan

    2009-05-29T00:00:00Z

    ?Shirase?, a new ice-breaker, has arrived at its homeport in Yokosuka where Japan?s Maritime Self-Defence Force has a base. At 12,650 tonnes, the 'Shirase' has a length of 138m, a beam of 28m and has state-of-the-art ice-breaking capabilities. Built at the Universal Shipbuilding yard in Maizuru at a cost of ...

  • News

    New LNG sloshing guidelines

    2009-05-29T00:00:00Z

    Lloyd's Register has published a new guidance document for the design of membrane-technology liquid natural gas containment systems. The document is aimed at improving design procedures with respect to sloshing forces, and is the result of a long programme of research and development, including extensive consultation with industry, and an ...

  • News

    Russia to modernize fishing fleet

    2009-05-29T00:00:00Z

    Head of the Russian Federal Fishery Agency, Andrey Krainy, says cooperation with Norway over trawler fleet modernization is a necessity. The obsolete Russian fishing fleet now is in dire need of upgrades and Krainy said "Our fishermen cannot compete with the Norwegians because the prime cost of our production is ...

  • News

    STX seeks government help in Europe

    2009-05-29T00:00:00Z

    The Managing Director of STX Europe has called on the Finnish Government to place orders for vessels to help STX Europe?s yards in Finland get through these tough times. Martin Landtman said that the country did not have a vessel capable of fighting oil pollution in ice conditions. He also ...

  • News

    Russian and Finnish marine industries strengthening cooperation

    2009-05-29T00:00:00Z

    The Association of Finnish Marine Industries (AFMI) and Russian joint stock company United Shipbuilding Corporation (OCK) have signed a cooperation agreement in Helsinki, with an aim to explore the opportunities of Finnish shipbuilding and marine industry to participate in shipbuilding programmes of Russian shipyards. OCK is a joint stock company ...

  • News

    China Steel, Sumitomo plan Vietnam mill

    2009-05-29T00:00:00Z

    Vietnam has granted an investment licence to a consortium of foreign firms led by China Steel, Sumitomo Metal and Sumitomo Corp to invest $1.15 billion in a steel mill in the country's southern region.The project would be operational by 2013 with a design capacity of 1.6 million tonnes per year ...

  • News

    Golar Winter leaves yard for Brazil

    2009-05-29T00:00:00Z

    Golar Winter, Golar?s newly converted FSRU, recently sailed from Keppel shipyard in Singapore for Brazil and is Petrobras? second FSRU and sister to Golar Spirit. Both vessels are classed by DNV.Jan Koren, who heads DNV?s tanker business, said the vessel is expected to be stationed at Petrobras?s LNG import facility ...

  • News

    New pilotage vessels for Belgium

    2009-05-29T00:00:00Z

    Flemish Prime Minister Kris Peeters signed a contract for new pilot vessels to be built by Abeking & Rasmussen in Germany. The order calls for delivery of three 25m SWATH pilot tender and one 60m SWATH pilot station vessel to enter service in 2011 and 2012. Including these new pilot ...

  • News

    Asian shipyards expand LNG carrier portfolios

    2009-05-29T00:00:00Z

    Officials from major Asian LNG carrier shipyards at Gastech 2009 have said that, while 2009 has been a quiet year so far, they are confident that 2010 will see an upturn in orders, especially from clients looking for floating storage and regasification units (FSRU). Chan Won Moon, who works for ...

  • News

    Asia to become world's dominant shipping force

    2009-05-29T00:00:00Z

    What might feel like a global shipping meltdown will, in hindsight, be viewed as a worldwide shift to an Asian domination of the maritime industry. Such was the conclusion of a recent shipping finance forum in Tokyo. Asia's determination to protect its shipbuilding industries and to secure its means of ...