General News – Page 390

  • 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

    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

    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

    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

    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

    Ulstein Sea of Solutions wins award

    2008-03-20T00:00:00Z

    Ulstein Sea of Solutions, designer of complex offshore vessels, has won the Industrial Marketing Award 2008. Maria van der Hoeven, Dutch Minister of Economic Affairs, revealed the winner, which according to the jury has used marketing most convincingly in its industrial environment.The Dutch-based Sea of Solutions has, since 1 March, ...

  • 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 ...

  • 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

    Croatia faces painful shipbuilding reform

    2008-03-19T00:00:00Z

    Croatian Economy Minister Damir Polancec recently appeared to suggest that local shipyards may face closure if they are unable to run profitably once the country joins the European Union. The EU candidate's five shipyards survive mostly thanks to high state subsidies. A restructuring plan has been in the works for ...

  • News

    Samsung wins drill ship order

    2008-03-19T00:00:00Z

    Samsung Heavy Industries has won a deal valued at 1.35 trillion won ($1.3 billion) to build two drill ships. The deal with an American company calls on Samsung to deliver the vessels, used for deep-water oil exploration, by July 2011.

  • News

    Sunborn plans shift to Malaysia

    2008-03-19T00:00:00Z

    As much as 1.4 billion ringgit ($438.87 million) worth of contracts will be up for grabs for Malaysian firms as Finland's Sunborn International plans to move all its shipbuilding activities to Malaysia. The company has plans to build at least four vessels to be turned into yacht hotels in Malaysia, ...

  • News

    EU project prototypes methanol fuel cell for ships

    2008-03-19T00:00:00Z

    After nearly one and a half years of research and development, the EU-funded METHAPU (Validation of renewable methanol based auxiliary power systems for commercial vessels) project is about to start trials on a prototype of a methanol-based solid oxide fuel cell (SOFC) unit. The prototype will be tried and tested ...

  • News

    Rolls-Royce inks MOU with Vinashin

    2008-03-19T00:00:00Z

    Rolls-Royce has signed a memorandum of understanding (MoU) with Vietnam Shipbuilding Industry Group (Vinashin) in Hanoi with the aim to help develop Vietnam's fast-growing marine industry. The scope of the partnership will include identifying potential strategic partners for development of shared business interests, which include the delivery of propulsion systems ...

  • News

    Wärtsilä and IMO AB sign global service agreement

    2008-03-18T00:00:00Z

    Wärtsilä has signed a global service agreement with the leading screw pump manufacturer IMO AB of Sweden to establish a stronger after-sales network for IMO's complete product range. The cooperation agreement signed in February will result in an important addition to the range of products and services supported by the ...

  • News

    Russian yard eyes expansion plans

    2008-03-18T00:00:00Z

    Vyborg Shipyard in Russia will start building a new super shipyard that will enable it to build oil tankers and LNG carriers with deadweight of more than 170,000 tonnes making it the only shipyard in the country with this capacity. The company?s plan is to build the new shipyard by ...

  • News

    Coastal poised to clinch OSV orders

    2008-03-17T00:00:00Z

    Malaysian shipbuilder Coastal Contracts Bhd expects to secure a further $126 million worth of new offshore support vessels (OSV) orders this year, said executive chairman Ng Chin Heng.Ng said the Sabah-based company was in "advanced negotiations" with several potential OSV buyers and was confident of closing these deals soon. In ...

  • News

    Bangladesh yard signs export deal

    2008-03-17T00:00:00Z

    Another Bangladesh shipbuilding company signed a memorandum of understanding with a Dutch firm to supply eight sea-going vessels worth $87 million. Highspeed Shipbuilding & Engineering Co Ltd signed the MoU with Hollander Scholtens (HS), in Groningen, to start construction of the vessels in December this year.Highspeed, specialises in building small ...

  • News

    SkySails completes first deep-sea voyage

    2008-03-17T00:00:00Z

    The world?s first modern multipurpose heavy lift project carrier newbuilding, which uses wind energy as additional propulsion, has successfully completed her two-month maiden voyage last week, after a double transatlantic passage totalling about 12,000 nautical miles. With 8,000 tonnes of general cargo loaded on board, ?Beluga SkySails? safely reached her ...