General News – Page 355
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ABB Rijeka station marks milestone
The recent inauguration in Rijeka, Croatia, of ABB Turbocharging?s 100th service station has set a new milestone for ABB?s Turbocharging global service network. Besides serving the local maritime community in Croatia the new station will strengthen the company?s overall presence in the increasingly important Adriatic region. The new service station ...
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Transpetro signs shipbuilding deal
Transpetro, the shipping and transport arm of Petrobras, has signed a contract with the Eisa shipyard for the construction of four Panamax tankers. The $349 million deal is part of Transpetro's fleet renewal programme Promef, the company said in a statement. Last month, Transpetro also signed a $517 million agreement ...
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Samsung delivers megaboxer
The biggest containership ever classed by Germanischer Lloyd (GL) was recently delivered at Samsung Heavy Industry Shipyard in Geoje, Korea. The newbuilding named MSC Daniela has a capacity of 13,800 TEU.MSC Daniela is exceptional not only in terms of size, but also in its design aspects. To meet SOLAS requirements ...
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STX targets record sales
STX Group, South Korea's mid-sized conglomerate whose main cash-cow is shipbuilding, has set next year's sales target at 30 trillion won, an increase of 11% from this year's estimated 27 trillion won. The group plans to win 35 trillion won worth of new orders while diversifying its business portfolio and ...
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Sembcorp secures IGTC contract
Sembcorp Marine in Singapore is pleased to announce the award of an evergreen favoured customer contract (FCC) from International Gas Transportation Company Limited (IGTC) to provide repairs, upgrades and other marine services for its fleet of LNG ships which are operated by North West Shelf Shipping Service Company Pty Ltd ...
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Korea?s first VLCC built to new CSR
Antwerp-based Euronav NV has taken delivery of the first VLCC built to the industry?s new Common Structural Rules (CSR) by Hyundai Heavy Industries (HHI) in Korea.The 318,000 dwt Olympia, constructed to Lloyd?s Register class, is the first of two sister-ships being built by Euronav at HHI to advanced environmental protection ...
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IMO publishes new IMDG Code
A new edition of the International Maritime Dangerous Goods (IMDG) Code, the standard guide to all aspects of handling dangerous goods and marine pollutants in sea transport, has been published by the IMO in hard copy, as a download and as an internet subscription. The new edition includes the changes ...
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Vale denies VLOC order cancellations
Brazilian iron ore producer Vale denies that it is cancelling its $1.6bn order for 12 VLOCs from the Jiangshu Rongsheng shipyard in China. Despite some reports in the international media suggesting that Vale had cancelled the order, signed with Rongsheng in August of this year for twelve 400,000 dwt iron ...
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Cancellations hit Indian shipbuilders
India?s shipbuilding industry could suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as the global economic crisis takes its toll on the sector, industry experts say. Orders for about 35 ships that were to be built in shipyards around the country face cancellation, ...
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Nippon Yusen cuts expansion plan
Nippon Yusen K.K., Japan?s largest shipping line by sales, cut its fleet expansion plan by up to 60 vessels as slowing economic growth curbs demand for transporting steelmaking commodities including coal and iron ore. The company will boost its fleet to 940 vessels by the end of March 2011, compared ...
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COSCO cancels newbuilding orders
China Ocean Shipping Group (COSCO), China?s largest shipping company, cancelled plans to purchase some 120 vessels in 2009, a source from the company said. According to the original plan, three-quarters were dry bulk cargo ships and the remainders were oil tankers and container carriers. The ambitious purchase plan, which was ...
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Lintec warns against compromise on fuel-testing
Fuel testing agency Lintec Testing Services has warned that owners, operators and charterers should not be tempted as a result of financial pressures induced by the global credit crunch into using non-accredited laboratories for fuel testing and analysis.Geoff Jones, managing director of Lintec, says, "With the marine industries, like all ...
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Wärtsilä strengthens its presence in South Korea
Wärtsilä's long established presence in South Korea has been further strengthened with the inauguration of its new service centre and office in Eomgung, Busan. By opening these premises, Wärtsilä will be able to centralize its business units in Korea, as Services, Ship Power, Power Plants and Industrial Operations, together with ...
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HHI gas engine development
Ricardo UK Ltd, a global technology and engineering consultancy, has been awarded a 26-month gas engine contract by the world's largest marine diesel engine builder, Hyundai Heavy Industries (HHI). Ricardo and the Engine & Machinery Division of HHI have previously worked together on advanced diesel and gas engine development. The ...
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Cancellations hit German shipyards
Up to 50 of 190 newbuilding orders at German shipyards may be cancelled due to the financial crisis, according to German media reports. The German shipyard association VSM claims that 25 orders worth EUR 600 million have already been cancelled. The German finance minister has now agreed that the shipbuilding ...
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Mitsubishi defers plans for cruise ship newbuilds
Japan?s Mitsubishi Heavy Industries has postponed plans to return to cruise ship building. The announcement came as a major cruise liner operator, reported to be Carnival Corp, delayed orders on two vessels. Mitsubishi was scheduled to return to the cruise ship building industry as early as 2012 but the company ...
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Daewoo wins Qatar shipyard deal
South Korea's Daewoo Engineering & Construction Co. said that it has finalized a $610 million deal to build a shipyard in north-eastern Qatar. Under the deal with state-run Qatar Petroleum Co., Daewoo Engineering plans to complete the construction of the shipyard by the end of 2009. Daewoo started work on ...
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L&T defers shipbuilding expansion
Larsen and Toubro Ltd (L&T), India's largest private sector engineering and construction firm, has deferred its entry into the commercial shipbuilding business and has also decided to scale back its investment for a new shipyard at Kattupalli near Chennai. Instead, the company is concentrating on ship repair and naval shipbuilding.An ...
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Gulf Fleet Management selects ABS Nautical Systems
Gulf Fleet Management has selected ABS Nautical Systems, LLC fleet management software as the foundation for its future operations. Opting for a near sweep of the Nautical Systems? NS 5 software suite, Gulf Fleet (GFM) will be using the tool for the maintenance, purchasing, inventory, quality and voyage management of ...
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Green Marine Highway initiative to jump-start U.S. economy
U.S. Congress is currently drafting the 2009 economic stimulus package, and 'The Green Marine Highway Initiative' is in contention for inclusion, as it will create over 20,000 new jobs in shipbuilding, steel fabrication, marine propulsion, cargo handling and new ship manning. Over 20,000 trucks travel on the East and West ...
