All Motorship articles in Web Issue – Page 875

  • News

    Criticism of shipping 'disappointing and disconcerting'

    2008-04-01T00:00:00Z

    Shipping should not be a ?scapegoat? for damage to the world environment, says the head of the IMO, Efthimios Mitropoulos. The IMO Secretary-General speaking in London at the opening of the IMO?s Marine Environment Protection Committee (MEPC) said the shipping industry had a "fine record. It is against such a ...

  • News

    Finland considering stake in shipyards

    2008-04-01T00:00:00Z

    Finland could become a part owner in shipyards to ensure that shipbuilding remains in the country according to a recent statement form prime minister Matti Vanhanen. He said the country has a great interest in keeping the cruise ship knowledge in Europe.Norway's Aker Yards owns three shipyards in Finland which ...

  • News

    Clipper Point joins Seatruck fleet

    2008-04-01T00:00:00Z

    Seatruck Ferries, part of the Danish Clipper Group, has received delivery of the first of four newbuildings ordered from the Spanish shipbuilder Astilleros de Huelva. Named Clipper Point, she will be followed by a further three vessels in this 120 unit class of freight ro-ros during the course of this ...

  • News

    ASRY forms offshore services division

    2008-04-01T00:00:00Z

    The Arab Ship Building and Repair Yard (ASRY) in Bahrain, has announced the formation of a new operating company to be called ASRY Offshore Services, (AOS). ASRY has, over recent years, seen a rapid growth in offshore markets in the Arabian Gulf region and, based on its own track record ...

  • News

    STX control of Aker Yards a step closer

    2008-04-01T00:00:00Z

    South Korea's STX Shipbuilding is expected to win the EC?s approval for a controlling interest in Norway's Aker Yards. The EC, the European Union's top competition regulator, blocks deals only after sending a statement of objections. The industry source said it had not done so, and experts say it is ...

  • News

    Gdansk may reach agreement with EC

    2008-04-01T00:00:00Z

    The Gdansk shipyard in Poland may avoid the requirement to pay back PLN 750m of public subsidy. ISD Polska, a subsidy of Ukrainian Donbas, and the owner of Stocznia Gdansk shipyard, is closer to reaching agreement with the EC. Brussels wants the shipyard to either pay back PLN 750m (EUR ...

  • News

    Kongsberg acquires Global Sim

    2008-04-01T00:00:00Z

    Kongsberg Maritime in Norway has acquired the Draper, Utah based technology enterprise Global Sim for approximately NOK 100 million. Global Sim delivers products and services in the field of crane simulation for the training of crane operators around the world and holds a market leader position in maritime crane simulation. ...

  • News

    MHI in Vietnam venture

    2008-03-28T00:00:00Z

    Mitsubishi Heavy Industries (MHI)of Japan is making an important investment in Southeast Asia. It will build a ship repair yard as a joint venture with Mitsui OSK Lines, Japanese trading company Marubeni Corp and local state-owned shipbuilder Vinashin. A first dock should be up and running by 2010. A second ...

  • News

    STX moves into VLOC sector

    2008-03-27T00:00:00Z

    South Korean shipbuilder STX Shipbuilding announced the receipt of an order for the construction of its first two 320,000 dwt very large ore carriers. U.K.-based Zodiac Maritime is thought to have placed the orders. To be delivered by December 2011, the ships are priced at $125 million apiece. STX has ...

  • News

    Four more heavy lifts for L&T

    2008-03-27T00:00:00Z

    Reinforcing India?s growing stature as a shipbuilding nation, the country?s biggest engineering firm Larsen and Toubro Ltd (L&T) has won a contract valued at about $240 million (Rs962.4 crore) to build four specialized ships for Dutch company RollDock BV.The contract involves a firm order for two vessels each with a ...

  • News

    Three European countries support distillates

    2008-03-27T00:00:00Z

    Three European nations, Germany, Norway and Finland, have submitted a joint proposal to the IMO supporting a move to distillate bunker fuels for ships. They suggest that the switch away from residual fuels should be completed over the next 10 years. Their proposal is being put to the IMO's Marine ...

  • News

    Nexans supplies cables for Bourbon newbuildings

    2008-03-27T00:00:00Z

    The French company Nexans, one of the leading players in the cable industry, has signed a three-year contract worth $13.4 million to supply 3,146 km of its special marine cables to be installed on Bourbon Offshore?s new vessels. Nexans will supply 3,146 km of halogen free, low-smoke marine power transmission ...

  • News

    Oman to spend megabucks on fleet expansion

    2008-03-25T00:00:00Z

    Oman's state shipping firm will spend up to $4 billion in the next three to four years to expand its fleet size, a senior company official said, as part of the sultanate's efforts to upgrade its oil industry.Oman Shipping Company (OSC) is looking to grow its fleet mainly to meet ...

  • News

    Inter Korean deal on shiprepair yard

    2008-03-25T00:00:00Z

    A South Korean company has obtained the exclusive right to use a ship repair yard in North Korea. The right to use Ryongnam Ship Repair Factory in the western port city of Nampo will enable Acheon Global Corp. to gain domestic and overseas investment in its ship repair and steel-structure ...

  • News

    Cummins expands manufacturing capacity in India

    2008-03-25T00:00:00Z

    The Industrial Engine Business Unit of Cummins India Limited (CIL) has inaugurated its new integrated manufacturing facility at the Cummins India Limited Kothrud Campus, Pune. CIL has invested $20 million on this facility and the products manufactured here would service major customers worldwide. The new unit will specialize in assembling, ...

  • News

    EU prepared to act if IMO delays action

    2008-03-25T00:00:00Z

    The ?working relationship? between the European Commission and the IMO was reinforced at the end of last week with a top-level meeting, but fast action will be required at the IMO to prevent Europe from acting alone on ship emissions.Ship emissions was one of four items on the agenda when ...

  • News

    SCI ventures offshore

    2008-03-20T00:00:00Z

    State-owned Shipping Corporation of India (SCI) is finally making an entry into the offshore segment in the next three months, something which has been on the cards for the past three years.The company has created an in-house team to prepare a study on the offshore sector and exploration & production ...

  • News

    Wärtsilä and RSHI sign licence

    2008-03-20T00:00:00Z

    Wärtsilä and Jiangsu Rongsheng Heavy Industries Group Co Ltd (RSHI) have jointly signed a licence agreement for the manufacture and sale of Wärtsilä low-speed marine diesel engines by RSHI in China. RSHI plans to build a new factory for the manufacture of low-speed engines in Hefei, Anhui Province, China. The ...

  • News

    Schiffko wins icebreaker deal

    2008-03-20T00:00:00Z

    Wärtsilä?s ship design and marine consultancy subsidiary, SCHIFFKO GmbH, based in Hamburg, has been awarded a contract from the Alfred Wegener Institute for Polar and Marine Research of Bremerhaven, Germany, to design the revolutionary new European research icebreaker ?AURORA BOREALIS?, which will have a deep-sea drilling capability.The contract, which was ...

  • News

    Cicek building largest vessel in Turkey

    2008-03-20T00:00:00Z

    Cicek Shipyard has begun construction of the first of three 58,000 dwt Supramax bulk carriers, the largest vessels ever to be built in Turkey. Ordered by the Bayraktar Shipping Group, they will be constructed in the shipbuilder?s Panamax-sized building dock, which is currently being extended to 215m and when completed ...