Industry News – Page 377

  • News

    Malta to release shipyard privatisation statement

    2008-09-17T00:00:00Z

    The government of Malta is to issue an official statement regarding its call for expression of interest in the privatization of The Malta Shipyards. The bid closed yesterday and prospective buyers were able to submit their interest for appraisal as of last August 11. Within the next two weeks a ...

  • News

    EU promises speedy response on Polish plan

    2008-09-17T00:00:00Z

    The EU has promised a swift decision on whether to approve Polish government rescue plans for two shipyards where thousands of jobs are at stake. "My people are doing their utmost to be as quick as possible," EU Competition Commissioner Neelie Kroes told a delegation of shipyard workers. "The most ...

  • News

    Harmful ships' paint systems outlawed

    2008-09-17T00:00:00Z

    An international convention banning the use of organotins and other harmful substances in anti-fouling paints applied on ships' hulls enters into force on 17 September 2008. The International Convention on the Control of Harmful Anti-Fouling Systems on Ships (AFS Convention) was adopted on 5 October 2001 by IMO and the ...

  • News

    Ship owners will be liable for pollution damage

    2008-09-17T00:00:00Z

    An international agreement covering liability for bunker spills comes into force in November when ship owners will be liable for pollution damage. The IMO's Convention on Civil Liability for Bunker Oil Pollution 2001 was ratified by the required number of IMO member states on 21 November 2007, allowing it to ...

  • News

    Alfa Laval wins Russian power order

    2008-09-17T00:00:00Z

    Alfa Laval, a leading company in heat transfer, centrifugal separation and fluid handling, has received an order for plate heat exchangers from a company in the Russian power industry. The order value is about SEK 50 million and delivery is scheduled for 2009."Some 50% of Alfa Laval?s order intake during ...

  • News

    Challenges pile up for China?s shipyards

    2008-09-17T00:00:00Z

    Zhang Guangqin, chairman of the China Association of the National Shipbuilding Industry (CANSI), has emphasized that the domestic shipping sector in China faces many formidable challenges. Chinese shipbuilders have to face escalating raw material and labour costs. In addition, it will be hard for China's shipbuilders to win European orders ...

  • News

    Petrobras orders FPSOs galore

    2008-09-16T00:00:00Z

    The Brazilian state owned oil company Petrobras has revealed plans to purchase ten newbuild FPSOs. Eight of the vessels would be built domestically at the Rio Grande Shipyard in Southern Brazil. All the newbuilding will be capable of operating in waters up to 3,000 metres in depth, and will be ...

  • News

    BHIC signs JV with Turkish shipbuilder

    2008-09-16T00:00:00Z

    KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) has proposed entering into a joint venture in Malaysia with Turkey?s Yonca-Onuk Savunma Sanyii AS shipyard to build vessels for the government and private customers. BHIC said the JV aimed to be ready for production of the vessels in Malaysia next year ...

  • News

    BV opens yacht expertise centre

    2008-09-16T00:00:00Z

    The French classification society Bureau Veritas (BV) has opened a Yacht Technical Office in Genoa, Italy. It provides a centre of expertise for all issues relating to the construction, classification and statutory certification of mega yachts.Maxime Pachot, manager of the Yacht Technical Office, says, "The technical issues which face yacht ...

  • News

    STX wins SCI Capers

    2008-09-16T00:00:00Z

    South Korean STX Shipbuilding beat a Chinese firm on price to win a $376.4 million bid to build four new ships for Shipping Corp. of India Ltd (SCI), India?s largest shipping firm by fleet size and revenue. STX quoted $94.10 million for each of the Cape-size bulkers while China?s New ...

  • News

    Poland submits shipyard rescue plan

    2008-09-15T00:00:00Z

    Last Friday Poland submitted restructuring plans aimed at saving its Baltic shipyards in Gdynia, Gdansk and Szczecin to the European Commission in compliance with an EU-imposed deadline. "The Commission will now analyse the plans carefully over the coming weeks to assess the compatibility of the plans with the requirements of ...

  • News

    EU turns down shipyard's plan

    2008-09-12T00:00:00Z

    EU Competition Commissioner Neelie Kroes said that the strategy adopted by the Maltese government to privatise loss-making Malta Shipyards was not acceptable under EU law. This decision leaves the government with no option but to go back to the drawing board and submit a new plan by the end of ...

  • News

    First Hamburg Süd newbuilding christened at DMHI

    2008-09-12T00:00:00Z

    The "Monte Azul", the second unit of a second series of ten vessels of the successful "Monte" class container ships, was christened at the Daewoo-Mangalia Heavy Industries (DMHI) yard in Romania. It was the first ship christening for Hamburg Süd in Romania. The new vessel has a length between perpendiculars ...

  • News

    Hull-cleaning technology cuts fuel consumption

    2008-09-12T00:00:00Z

    A new technology to clean ship hulls without the use of abrasives that can damage or remove anti-fouling paint is said to be attracting world wide interest. Commercial Diving Services' Hull Service Treatment (HST) in Australia says its process is cost-effective, environmentally friendly and will help vessels reduce fuel consumption. ...

  • News

    StealthGas orders four Suezmax tankers

    2008-09-12T00:00:00Z

    StealthGas Inc., a Greek ship owning company serving primarily the LPG sector of the international shipping industry, has ordered two new 156,000 DWT Suezmax crude oil tankers with an option of two additional such vessels. Delivery of the first vessel is expected in May-July 2011 and delivery of the second ...

  • News

    Simon M?kster and Simek choose Havyard again

    2008-09-12T00:00:00Z

    Simon M?kster Shipping in Norway has signed contract with Simek AS for building of one more Havyard 832 CD RS Rescue and Stand by vessel for delivery in March 2010. This will be a sister ship to the one ordered by Simon M?kster Shipping in November last year which is ...

  • News

    Revolutionary torpedo free-fall lifeboat

    2008-09-12T00:00:00Z

    A comprehensive programme of tests carried out by MarinTek in Trondheim, Norway, confirms that the Torpedo lifeboat has properties that no other free-fall lifeboat can match. The new Torpedo free-fall lifeboat, which has been developed by lifeboat manufacturer Noreq AS, has now been fully tested in model-scale by the Norwegian ...

  • News

    In-depth analysis of China's shipbuilding industry

    2008-09-11T00:00:00Z

    The Dublin-based research company Research and Markets has recently produced a report on the Chinese shipbuilding industry entitled "In-depth Analysis of China's Shipbuilding Industry 2008". In this report Research and Markets states that in the first half of 2008 China contracted 455 new ships, down 48.30% year-on-year; carrying capacity 29,004,700 ...

  • News

    CSIC to raise funds for expansion

    2008-09-11T00:00:00Z

    Chinese shipbuilder China Shipbuilding Industry Corporation (CSIC) has gained approval from the National Development and Reform Commission (NDRC), China's top economic planner, to issue CNY 3.5 billion ($ 512.5 million) in corporate bonds from September 3, 2008. The proceeds will be mainly used for three projects, including the Qingdao Haixi ...

  • News

    Newport News gets aircraft carrier contract

    2008-09-11T00:00:00Z

    Northrop Grumman's Newport News shipyard has received a $5.1 billion contract to build the next generation aircraft carrier 'Gerald R. Ford', marking a major milestone for both the yard and the U.S. Navy and ensuring labour stability in Newport News through 2015.The Ford is the lead ship in the newest ...