General News – Page 363

  • News

    U.S. loses Jones Act case

    2008-10-09T00:00:00Z

    A federal court in Virginia has handed the Shipbuilders Council of America its second victory this year in cases it brought against the US Coast Guard for allowing major work on Jones Act ships to be done at foreign shipyards.Matthew Paxton, SCA president, said that District Judge T.S. Ellis of ...

  • News

    Brazilian shipbuilders get funding boost

    2008-10-09T00:00:00Z

    The Brazilian government has pledged R$10bn ($4.5bn) of soft-funding to support the country?s resurgent shipbuilding sector. The government?s chief of staff, Dilma Rousseff, said the funds would guarantee not only the construction of new oil platforms and the expansion of state-controlled energy giant Petrobras tanker fleet, but also provide the ...

  • News

    LCS christened Independence (LCS 2)

    2008-10-09T00:00:00Z

    Austal USA?s 127 metre trimaran Littoral Combat Ship, LCS 2 Independence, has been christened during an official ceremony held at its Mobile, Alabama shipyard.The General Dynamics LCS Team - within which Austal is ship designer and builder - christened the state-of-the-art combat ship on 4 October on the waters of ...

  • News

    Sea-Cargo orders LNG ferries

    2008-10-09T00:00:00Z

    Multi-purpose ro-ro operator Sea-Cargo AS in Norway has placed an order for four cargo ferries powered by LNG rather than bunker fuel. They are believed to be the first of their kind.In a statement the Bergen-based firm explained: "With focus on reducing exhaust emissions from short sea and coastal vessels, ...

  • News

    Singapore to build DP2 subsea vessel for Hallin

    2008-10-09T00:00:00Z

    Marco Polo Marine Ltd in Singapore has, via its wholly-owned subsidiary Bina Marine Pte Ltd, secured a S$74.5 million contract to build an 80m DP2 subsea operations vessel for Hallin Marine Subsea International Plc. Delivery is slated for end 2010.The contract sum includes the procurement of saturation diving system and ...

  • News

    US report highlights harmful impact of emissions

    2008-10-09T00:00:00Z

    The Environmental Defense Fund has released a new report on air pollution from large ocean-going ships. Entitled "Floating Smokestacks: A Call for Action to Clean Up Shipping Pollution," the report analyses the latest available data from the U.S. EPA and finds that large ocean-going ships in the United States emitted ...

  • News

    ExxonMobil to develop advanced gasification technology

    2008-10-08T00:00:00Z

    ExxonMobil has entered into an agreement with Pratt & Whitney Rocketdyne to develop next-generation technology to convert coal, coke or biomass to synthesis gas (i.e., CO and hydrogen), which could facilitate the use of carbon capture and storage to reduce greenhouse gas emissions from power generation. Under the agreement, ExxonMobil ...

  • News

    India may revive shipbuilding subsidy

    2008-10-08T00:00:00Z

    The government in India is planning to revive the subsidy scheme in shipbuilding, discontinued since August 2007. "A cabinet note on the extension of subsidy for the shipbuilding industry will be circulated this week. We will get comments, which will be sent to the highest authority for taking a decision," ...

  • News

    Boxship orders plunge

    2008-10-08T00:00:00Z

    Orders for new container ships have dried up as vessel charter rates and ocean freight rates tumble and volume growth slows on key liner trade routes. Enquiries to shipbuilders about new tonnage have "hit the floor," according to London-based Clarkson. The collapse in orders, which has affected all ship sizes, ...

  • News

    Exxon invites shipyard bids for gas carriers

    2008-10-08T00:00:00Z

    Exxon Mobil Corp., operator of a planned $11 billion LNG project in Papua New Guinea, said it will invite shipyards and vessel owners to take part in a tender for the supply of gas carriers to transport the fuel. Pre-qualification for the tender and decisions on the required number and ...

  • News

    Sealink in shipyard expansion

    2008-10-07T00:00:00Z

    Sealink International Bhd, a shipbuilder and operator of offshore support vessels based in Miri, Malaysia, will expand its shipyard for ship repair services in view of the lack of such services in the region. The company's ceo and group managing director Sam Yong said the company would spend RM50mil for ...

  • News

    Korean yards facing decline in orders

    2008-10-07T00:00:00Z

    BNP Paribas SA said newbuilding orders will slow amid a global credit crunch and economic slowdown. The liquidity crunch is making it difficult for shipowners to borrow money and slowing economic growth is undermining trade. "In the face of tighter market liquidity, increased trepidation toward further global economic slowdown and ...

  • News

    Wärtsilä extends service centre in USA

    2008-10-07T00:00:00Z

    Wärtsilä Corporation has inaugurated a new extension to its service centre in Chesapeake, Virginia, USA. The building provides increased capacity for propeller repairs and water jet assembly, while creating a service centre for repair and overhaul of engines, propulsion equipment and shaft seals. The principal customers for the new service ...

  • News

    Contracting services from Deltamarin

    2008-10-07T00:00:00Z

    Deltamarin in Finland recently launched its one-stop Contracting Services. This life-cycle service was launched at the request of its customers and to meet the growing market needs and combines high-quality engineering with cost-efficient construction or conversion support for the marine industry. "We make it possible for our customers to take ...

  • News

    Rolls-Royce to power new aircraft carriers

    2008-10-06T00:00:00Z

    Rolls-Royce has won a £96 million contract to provide power and propulsion equipment, including four gas turbines, for two of the world's largest warships - the UK?s new 65,000 tonne aircraft carriers, HMS Queen Elizabeth and HMS Prince of Wales.The order is an important milestone in the Rolls-Royce marine business ...

  • News

    MacGregor reorganises

    2008-10-06T00:00:00Z

    MacGregor has merged its RoRo, Dry Cargo and Crane divisions and the self-unloaders part of the Bulk Handling division to form a new Merchant Ship division, which will benefit its two biggest groups of customers ? shipowners and shipyards ? as well as the Group itself. "The company has been ...

  • News

    Wilsons building new shipyard

    2008-10-06T00:00:00Z

    Ocean Wilsons Holdings Ltd. (OWH) has reaffirmed its growth strategy by investing in the construction of a new shipyard in Rio Grande, Brazil. The company said Conselho de Autoridade Portuia (CAP), Rio Grande do Sul's port authority council, approved modifications to existing zoning standards of the shipyard, allowing for new ...

  • News

    Hanjin resumes Philippine project

    2008-10-06T00:00:00Z

    South Korea?s Hanjin Heavy Industries Construction Co. Ltd. will resume its $2-billion shipyard project at the Philippine Veterans Investments and Development Corp. (Phividec) industrial estate in the first quarter of 2009. Initial development of the 500-hectare Hanjin shipyard complex was suspended in April following a row with local government officials ...

  • News

    ASL moves into dredger market

    2008-10-06T00:00:00Z

    The Singapore shipbuilder ASL Marine (ASL) has secured new shipbuilding and fabrication contracts worth a total of S$101m ($68.7m). The bulk of the total value of the contracts is for the construction of one self-propelled cutter suction dredger, while the fabrication, outfitting and reinstatement works to a heavy transport vessel ...

  • News

    'Buy Canadian,' shipbuilders say

    2008-10-03T00:00:00Z

    The federal government must commit to Canada's shipbuilding industry rather than shopping in places like South Korea and Europe, the Shipbuilding Association of Canada says. "Over the next 25 years, the federal government has plans to spend billions of taxpayer dollars on new ships for the Navy and the Coast ...