General News – Page 543

  • News

    Daewoo builds Nigerian FPSO

    2005-02-24T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSME) has won a $978 million order to build the world?s largest FPSO. The order was placed by Star Deep Water Petroleum, a Chevron Texaco subsidiary in Nigeria, and Nigerian National Petroleum Corporation (NNPC). The FPSO is destined for the multi-billion dollar Agbami field development ...

  • News

    Lubmarine new lubricant

    2005-02-18T00:00:00Z

    TOTAL Lubmarine has developed a new cylinder lubricant specially designed for use with low-sulphur fuels. The lubricant, TALUSIA LS 40, has successfully completed in-service tests and is now approved by MAN B&W and WARTSILA Sulzer designs. TALUSIA LS 40 is available in the major European ports and should be available ...

  • News

    Naval craft T-84 commissioned

    2005-02-18T00:00:00Z

    Fast attack naval craft T-84 was commissioned into the Indian Navy for operations in the coastal areas. The induction of the ship was in keeping with the Navy's policy to acquire high-speed fast attack craft for counter insurgency, anti-smuggling operations and better surveillance of the coastal areas, Navy sources said.The ...

  • News

    Industry scuttles safe ship disposal

    2005-02-18T00:00:00Z

    Greenpeace and the Basel Action Network (BAN) condemned the special joint United Nations meeting on ship breaking as an utter failure today. The meeting was hijacked by the shipping industry interests throughout, blocking any attempts to clean up the practice of exporting toxic laden vessels to Asia, risking the health ...

  • News

    SembCorp wins $200M Project

    2005-02-18T00:00:00Z

    Sembawang Shipyard, a subsidiary of SembCorp Marine, has signed a Letter of Intent with ConocoPhillips China to fabricate and integrate topsides for a new build FPSO vessel for a major oil development in Bohai Bay, China. Estimated at more than $200 million, the project is scheduled for completion in mid-2008. ...

  • News

    Daewoo develops construction weighing system

    2005-02-17T00:00:00Z

    Errors between the design weight expected by ship owners and the real weight after construction can now be measured exactly through a new weighing system. R&D Management Section of Daewoo Shipbuilding announced that a new weighing system for large-sized construction has been developed that can weigh structures up to 10,000 ...

  • News

    BV tackles FPSO cracking

    2005-02-17T00:00:00Z

    Bureau Veritas (BV) has launched new rules for FPSOs which embody extensive recent experience with large floating structures and enhanced spectral fatigue analysis. BV's Rules for the Hull Structure of Production, Storage, and Offloading Surface Units are the most up to date distillation of experience with a wide range of ...

  • News

    RINA Fleet Comfort awarded to GNV

    2005-02-17T00:00:00Z

    Italian ferry operator Grandi Navi Veloci (GNV) has been granted the Fleet ComfortClass award by RINA, to certify the high level of comfort on board its whole fleet of cruise ferries. It is the first ever such certificate awarded to a complete fleet of passenger vessels.Grandi Navi Veloci is now ...

  • News

    Viking ready for surge in immersion suit demand

    2005-02-17T00:00:00Z

    From 1 July 2006 some 35,000 commercial vessels, which normally carry just three immersion suits, will need to have at least one for each person on board according to the ship?s manning instructions. Before Resolution MSC.152(78) was adopted in May 2004, only three suits were needed, for the ?man overboard? ...

  • News

    EC agrees aid for German shipbuilders

    2005-02-17T00:00:00Z

    The European Commission has approved a ?27 million scheme in Germany to provide innovation aid to shipbuilding. The scheme is the first of its kind to be approved after the entry into force in January 2004 of the Commission?s framework on state aid to shipbuilding. The framework introduced revised rules ...

  • News

    Scania gets award for EGR

    2005-02-17T00:00:00Z

    Scania, the Swedish engine builder, was awarded the Swedish Technology Award for its innovative approach to lowering both nitrogen oxide (NOx) and particulate (PM) emissions from its diesel engines. The technology involves reducing emissions by improving the combustion process, without using any additives or after treatment of the exhaust gasses.Lars ...

  • News

    Japanese newbuilding orders drop

    2005-02-17T00:00:00Z

    Japanese shipbuilders received 58% fewer orders in January compared with the previous month as freight rates fell from last year's record highs. Orders for 21 vessels, totaling 1.1 million gt were placed, down from 50 vessels totaling 3.2 million gt in December, according to the Japan Ship Exporters Association.

  • News

    Vietnam starts on Panamax bulkers

    2005-02-17T00:00:00Z

    Work on the building of a 53,000DWT bulk carrier started at the Nam Trieu Shipyard in the northern port city of Hai Phong. This is the first of 15 similar bulkers that Vietnam Shipbuilding Industry Corporation (Vinashin) will build for the UK's Graig Investment Ltd as part of a $336 ...

  • News

    Fincantieri in JV offer for Varna yard

    2005-02-17T00:00:00Z

    Italian ship builder Fincantieri is proposing to invest up to $52 million in a joint venture with Varna Shipyard, Bulgaria's main shipyard on the Black Sea. Fincantieri claims it could help the Varna-based yard to reach its full capacity within 36 months and start building three 40,000 tonnes vessels annually. ...

  • News

    Two-stroke for Chinese tug

    2005-02-17T00:00:00Z

    Two-stroke diesel engines from MAN B&W have been specified for a 90 metre long Chinese ocean going tug. The newbuilding is under construction at Wuchang Shipyard, Wuhan, China for the owner Shanghai Salvage, which operates a large fleet of various salvage tugs and harbour tugs. The Hong Kong-based Shen Hua ...

  • News

    HHI inks HMM boxship order

    2005-02-15T00:00:00Z

    Hyundai Merchant Marine in South Korea will order four 8,600TEU and five 4,700TEU container ships. All nine vessels will be built by Hyundai Heavy Industries and Hyundai Samho Shipyard with the smaller units being delivered during 2008. Total contract price of four 8,600TEU container ships is $517.42 million and ...

  • News

    TOTAL updates marine lubricants analysis service

    2005-02-14T00:00:00Z

    Marine lubricants supplier TOTAL Lubmarine has updated and improved its well-known DIAGOMAR Plus marine lubricants analysis service by adding a new lubricants test and by making the reports faster to use and easier to understand. The main improvements are the addition of the PQ index, the inclusion of a simple ...

  • News

    Korean shipbuilders fear worsening earnings

    2005-02-14T00:00:00Z

    South Korean shipbuilders may see their earnings worsen further this year due to the rising price of steel plates and the strengthening won. Hyundai Heavy Industries posted $35.5 million in profit last year, but this was 67.8% lower than a year earlier.Samsung Heavy Industries also saw its net profit drop ...

  • News

    Hanjin orders boxship trio

    2005-02-14T00:00:00Z

    Hanjin Shipping in South Korea has signed a $283.5million contract with Hyundai HI to build three 6,622TEU container ships. These will have a length of 304m, a breadth of 40m and will be delivered by April 2008.

  • News

    Daewoo plans China venture

    2005-02-14T00:00:00Z

    Daewoo Shipbuilding is considering the construction of a dry dock in Weihai, China, at an estimated cost of more than $24 billion. The proposed dry dock will aim to build 20 new ships per year including container ships. Daewoo is also studying the acquisition of a shipbuilder in South America.