General News – Page 545
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ASRY expands into newbuildings
The Arab Shipbuilding and Repair Yard (ASRY) has been awarded a $4 million contract by the Kuwait Oil Tanker Company (KOTC) to build a new 35 metre service boat which will service its operations in Kuwait. The vessel, the first of this particular design to be built by ASRY, will ...
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Mipo Engineering launched
Hyundai Mipo Dockyard has set up a subsidiary, Mipo Engineering, to undertake ship design as well as other activities such as technology test and inspection. Choi Kil Sun, president and CEO of Hyundai Mipo Dockyard, said that the establishment of this company will help HMD deal with ever increasing ship ...
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Wärtsilä to produce auxiliary engines in China
Wärtsilä has signed a letter of intent with China Shipbuilding Industry Corporation (CSIC) to set up a 50/50 joint venture to manufacture marine auxiliary engines in China. The location of the new factory will be in the Shanghai area. The intention is to start the production of the Auxpac ...
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First Autochief passes sea trials
Kongsberg Maritime's first installed AutoChief C20 propulsion control system has successfully completed sea trials. The main engine remote control system received its stamp of approval from Hyundai in Korea on 26 January 2005, paving the way for the AutoChief C20 system to become as successful as Kongsberg Maritime's previous propulsion ...
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Go slow at Maltese shipyard
A from Monday, workers in Malta?s shipyard will work to rule. The General Workers Union (GWU) said that it ordered the dispute after the ultimatum it gave to the management to sign the agreement, expired at the end of last week. For the past months, the union has been negotiating ...
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VLCC trio for Daewoo
Daewoo Shipbuilding is rumoured to be negotiating to build three VLCCs for Ghassan Ghandou of Lebanon, who controls Athens-based Gulf Marine Management SA, for a record price of $320 million.
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China suffers high steel prices
Chinese shipbuilders are having to incur a sharp increase in thick steel plate price. According to China Steel Industry association, the price per tonne of thick steel plate produced by Chinese steelmakers was around CNY 2,500 in May 2003 but increased to CNY 5,500 per tonne as at the end ...
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Rosy outlook for Singapore shipyards
Analysts in Singapore are forecasting robust growth and earnings this year from local shipyards which are claimed to be achieving global leadership in the offshore marine sector. The two biggest players, SembCorp Marine, the Sembawang group's marine engineering arm, and Keppel Corp, the parent of Keppel Offshore and Marine, account ...
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Kongsberg positive about Galileo bid
As an international partner to the iNavSat consortium, Kongsberg Maritime has played a key role in the maritime activities of Galileo Concession bid, which will be evaluated by the European Commission (EC) in February 2005. iNavSat is one of two consortiums bidding for the concession, with the winner effectively taking ...
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Ex Matson chief launches new shipping company
The former head of Matson Navigation Company, C. Bradley Mulholland, is involved in the launch of a new shipping company in the Hawaiian islands that will undercut shipping prices by 12%. He will be president and chief executive officer of OceanBlue Express which is the creation of Norwegian industrialist Kjell ...
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REPASA?s new tugs
MAN B&W has been awarded the contract to supply two medium-speed L27/38 twin engine packages for two escort and terminal handling tugs. The newbuildings are under construction at the Spanish shipyard of Astilleros Balenciaga for the Tarragona-based Remolcadores de Puerto y Altura SA. (REPASA) fleet. The vessels, named Romulo and ...
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BMT transforms maritime simulation
A development kit unlocking the modeling expertise that has placed British Maritime Technology Ltd (BMT) at the forefront of manoeuvring simulation software for nearly three decades was unveiled today by BMT SeaTech Ltd, a subsidiary of BMT. The launch of the Manoeuvring Engine Software Development Kit (MeSDK) heralds a ...
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Wallem introduces TRS
The Norwegian ship management company Wallem has introduced the TransparentSea Reporting Solution (TRS) to manage and archive the condition surveys of the ships they manage and which is now being rolled out for use by third parties. Wallem has been working on this system in one form or another since ...
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Wärtsilä extends range of marine gears
Wärtsilä will extend its range of marine reduction gears and begin manufacturing these products in Khopoli, India. Production will start on the same site as Wärtsilä?s existing factory. The value of the investment is approximately EUR 1 million. The new unit in Khopoli will have 20 employees and it will ...
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Caribbean shipyard upgrade
During 2006, the St. Maarten Shipyard in the Caribbean, will complete a modernisation programme, which will expand the facilities into a top class mega yacht repair yard. The new facilities will comprise a Syncrolift and a new ship transfer system from Norwegian-based TTS Handling Systems.This new TTS transfer system, PWT ...
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Secret cash for Swan Hunter
The British government has been accused of trying to keep secret an £84m cash lifeline to the troubled shipyard of Swan Hunter in the north-east of England and which is located near the constituencies of the prime minister and other senior cabinet ministers.The conservatives demanded to know why there had ...
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Aurora heads for Germany
P&O?s cruise liner Aurora, which recently suffered serious propulsion problems causing the abandonment of its world cruise last week, is heading for the German shiprepair yard of Lloydwerft in Bremerhaven to have repair works carried out. These are likely to take twice as long as the four to five weeks ...
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Korea top dog again
South Korean shipbuilders enjoyed another bumper year in 2004 by winning the largest amount of orders in the world totalling 17.3 million compensated gross tonnes (CGT) last year. This was well ahead of Japan in second position with 12.2 million CGT according to the London-based research firm Clarkson.South Korean shipbuilders ...
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Polish yards sinking Ferguson
Ferguson Shipbuilders, the last independent yard on the Clyde, is facing a ?life or death? battle over government contracts for two new fisheries vessels. Alan Dunnet, Ferguson's chief executive, who rescued the 102-year-old Port Glasgow shipyard in the mid-1990s with his father, Frank, believes the Scottish Executive is driving the ...
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Owners rush for extra fuel protection
Leading fuel testing company Lintec Testing Services says it has had a massive response to its revolutionary new service to screen bunkers for chemical contamination. Over 300 vessels have signed up for Lintec's extra level of protection since it was launched at the end of October last year.Lintec developed the ...
