General News – Page 565

  • News

    ME success continues

    2004-08-24T00:00:00Z

    Just over a year after Hudong Heavy Machinery Company (HHM) in Shanghaipresented the first Chinese-built 80 cm bore MC engine, they can now claim the distinction of having the first ME orders in China. Also, Izar MDE in Spain has received ME orders this month.HHM has received orders for 10 ...

  • News

    Volvo Penta launches new marine diesel engines

    2004-08-23T00:00:00Z

    Volvo Penta is continuing with the renewal of its product range which will include the D9 diesel engine and high-performance versions of the new generation medium-heavy D4/D6 diesel engines introduced by Volvo Penta in 2003.The D9, which is being launched in 500-hp and 575-hp versions, is an inline six-cylinder marine ...

  • News

    TCR, the next generation

    2004-08-23T00:00:00Z

    Following the successful introduction of the TCA axial turbocharger two years ago, MAN B&W Diesel Group has expanded the range to include a completely new radial turbocharger. The TCR turbocharger will replace the current NR series which has been in production for nearly 50 years culminating in the current NR/S ...

  • News

    James Fisher?s latest launched in Korea

    2004-08-23T00:00:00Z

    James Fisher & Sons plc, one of the UK?s leading marine services providers, has launched a new tanker, the Cumbrian Fisher, at the Samho Shipbuilding Company in Korea. The vessel, a clean product/chemical carrier, will go on sea trials in September for delivery towards the end of the year. A ...

  • News

    CSIC chooses HK for regional office

    2004-08-23T00:00:00Z

    China's largest shipbuilding company, China Shipbuilding Industry Corporation (CSIC), opened an office in Hong Kong and is registered as China Shipbuilding and Offshore International (HK) Co. The Hong Kong operation is wholly-owned by the CSIC's subsidiary China Shipbuilding and Offshore International Co. Ltd. (CSOC) and will serve as a regional ...

  • News

    Austal high on commercial and defence projects

    2004-08-23T00:00:00Z

    Austal, the Australian shipbuilder, reported a net profit after tax and outside equity interests of $20.1 million for the financial year ended 30 June 2004. This significantly improved result flows from a shift from building luxury yachts to patrol boats. Austal has consistently performed well in commercial vessels and patrol ...

  • News

    KOTC signs newbuilding contract

    2004-08-20T00:00:00Z

    The Kuwaiti Oil Tanker Company (KOTC) finalized a contract with the Korean shipbuilder Hyundai Heavy Industries at a cost of $182 million to build three tankers for delivery in 2006, 2007 and 2008.

  • News

    NCL first with onboard cell service

    2004-08-20T00:00:00Z

    NCL Corporation will be the first cruise line to bring passengers on North American cruises the ability to use their cell phones even when communications towers are oceans away. The company is providing the innovative new offering through Wireless Maritime Services, a joint venture of AT&T Wireless and Maritime Telecommunications ...

  • News

    Scrap market cools down

    2004-08-20T00:00:00Z

    Tankers sold for scrap at ship breaking yards fell 40% during the first seven months of the year as surging freight rates prompted owners to keep vessels in service, London-based shipbroker Simpson, Spence & Young said.About 60 oil tankers totalling 5.5 million dwt were scrapped during the period, down from ...

  • News

    Radix Marine to build prototypes

    2004-08-20T00:00:00Z

    Radix Marine, a US-based marine vessel development company specializing in port and homeland security and defense initiatives, signed a contract to build two prototype manned vessels with a marine technology company, Advanced Marine Concepts (AMC). The vessels will be built in Radix Marine's new manufacturing facility, making them the first ...

  • News

    Yongyue starts work on new dry dock

    2004-08-18T00:00:00Z

    Construction on a new 300,000dwt dry dock has started at the Yongyue Shipyard at their at Mashidao facility in China. The ship repairer and shipbuilder will complete this dock by the end of 2005 and will commence work on a 100,000dwt dry dock. Total investment is CNY 450 million. The ...

  • News

    SID cards come into force

    2004-08-18T00:00:00Z

    An international labour standard designed to create a new biometric identity verification system for the world's 1.2 million seafarers has received sufficient ratifications to go into force on 9 February 2005, the International Labour Office (ILO) said today. ILO Convention No. 185, adopted by the International Labour Conference in June ...

  • News

    Iran hopes to launch first IRISL ship next year

    2004-08-17T00:00:00Z

    Iran hopes the first ship to be built for the Islamic Republic of Iran Shipping Lines (IRISL) at a local shipyard can be launched next year. Despite slow progress in the field of shipbuilding, Iran plans to develop its industry and is currently building several large ships for a number ...

  • News

    Caspian Sea barge contract for Aker Kvaerner

    2004-08-17T00:00:00Z

    Aker Kvaerner has signed a letter of intent to perform fabrication, outfitting and testing of seven barges for oil production in the giant Kashagan oilfield in the north Caspian Sea, offshore Kazakhstan. In the letter of intent, Agip Kazakhstan North Caspian Operating Company N.V. and Aker Kvaerner confirm their intentions ...

  • News

    Daewoo profits up

    2004-08-13T00:00:00Z

    Daewoo Shipbuilding Marine Engineering (DSME), the world's No.2 shipbuilder, announced that its second-quarter profit rose 12% as gains in sales of newbuildings were bolstered by currency hedges. Net income rose to $78 million in the three months up to June 30 from $70.1 million last year while sales rose 4.1% ...

  • News

    CTT to market ASC technology

    2004-08-13T00:00:00Z

    Connecticut-based Competitive Technologies (CTT) has signed an agreement with Illinois-based Cutting Edge Technologies (CET) to commercialize and grant licenses for CET's patented ?accelerated steel cutting? (ASC) technology. The ASC technology, with a specifically designed and modified track torch, uses high pressure propane and oxygen to cut steel at a rate ...

  • News

    Pride?s itinerary announced

    2004-08-13T00:00:00Z

    NCL Corporation (NCL) unveiled the itinerary for Pride of America, the second of three US flagged cruise ships that will sail to Hawaii under the NCL America brand. The ship, which earlier this year suffered storm damage at the German shipyard Lloyd Werft where the ship was under construction, was ...

  • News

    MISC to expand LNG fleet

    2004-08-13T00:00:00Z

    Malaysia International Shipping Corp (MISC) will increase its fleet of LNG carriers to 28 by 2008 from the present 17 to meet the growing demand for gas deliveries, its chairman Tan Sri Mohd Hassan Marican said. The company has placed orders for six 137,000 cubic metre LNG carriers of the ...

  • News

    HMM to order three boxships

    2004-08-12T00:00:00Z

    Hyundai Merchant Marine reports to Korea Stock Exchange today that it decides to order three 4,700TEU container ships with delivery of second and third quarter of 2007. Total investment will be $ 200 million. HMM adds that the decision is a part of medium and long-term ship securing program. A ...

  • News

    HHI to build Korea's first Aegis

    2004-08-12T00:00:00Z

    Hyundai Heavy Industries (HHI) will begin construction of a warship armed with the Aegis Combat System, the US developed anti-air defense system, for the South Korea?s navy at a cost of over $860million. Code-named KDX-III, the 7,000 tonne destroyer will be the first in a three-ship series which has been ...