Industry News – Page 400
-
News
Backing for Antarctic ship review
Recognising campaigners' fears that the Antarctic waters were at risk from the rising number of ships in the area, the IMO has invited member nations to submit proposals to limit shipping's impact on this unique environment. Environmentalists said the sinking of the cruise ship ?Explorer? in 2007 was a wake-up ...
-
News
Daewoo workers vote to strike
Shipyard workers at Daewoo Shipbuilding & Marine Engineering have voted to strike against a planned stake sale this year. The union said that about 93% of the 6,503 workers voted in favor of a strike, adding that the timing and extent of the strike will depend on the progress of ...
-
News
STX wins VLCC deal
South Korea's STX Shipbuilding has won an order for two VLCCs from STX Pan Ocean worth about $300 million. The order is part of the $810m fleet enlargement programme.
-
News
Strategic Marine bags first tug order
Australian shipbuilder Strategic Marine (SM) has broken new ground by winning a contract to build a 23.9 metre new generation compact tug, the first tugboat signing in the company?s history.The vessel, which has a 60 tonne bollard pull, has been ordered by the Port of Napier, another breakthrough since this ...
-
News
STX?s China shipyard starts operations
South Korea's STX Group said a $1 billion shipbuilding complex in China has started operating and will deliver its first complete vessel by the end of this year. The Dalian shipbuilding facility will carry out the whole shipbuilding process from steel cutting and engine assembling to block manufacturing.The group has ...
-
News
Incat delivers second Japanese cat
The Tasmanian shipbuilder Incat has delivered the second high speed Wave Piercing Catamaran to Japanese owner Higashi Nihon Ferry. The Natchan World will join her sister Natchan Rera, completed by Incat last August, in service across Japan?s Tsugaru Strait between the islands of Honshu and Hokkaido.At nearly 11,000 gt and ...
-
News
MARPOL Annex VI revision passed at IMO meeting
The revision of MARPOL Annex VI and the NOx Technical Code (Annex VI) is on track for formal adoption in October 2008 and is likely to enter into force in March 2010. A unanimous proposal, hammered out by the IMO working group which met in London last week, was passed ...
-
News
China delivers first LNG carrier
China's first domestic built LNG carrier successfully completed its sea trials and was recently handed over to China LNG Shipping Holdings Co, a joint venture of China National Offshore Oil Corp. (CNOOC), COSCO and China Merchants Group (CMG). The 147,210 m3 membrane type LNG carrier will be using boil off ...
-
News
Greeks quiet on newbuilding front
Greek shipowners have continued their stance of wait-and-see approach regarding newbuilding orders during March according to the latest report by shipbroker George Moundreas & Co. Only 17 vessels were contracted in March by Greek interests, representing an estimated value of $424 million, a sum even lower than the previous month, ...
-
News
Siemens to equip AIDA newbuilds
The Siemens Industry Solutions (IS) Division is two equip two further cruise ships of AIDA Cruises with electrical and automation systems based on the Siship PAX platform. The order was received from the Meyer Werft in Papenburg, Germany, which is building the new generation of 1,087 cabin Club ships. ...
-
News
POSCO targets Daewoo Shipbuilding
South Korea?s POSCO is considering a rise in steel prices, easing fears that rising raw material costs will hit its earnings, and lifting its shares to a four-week high. The company, the world?s fourth largest steelmaker, also said it may bid for Daewoo Shipbuilding, which analysts say could fetch nearly ...
-
News
Hyundai wins orders for Gunsan
Hyundai Heavy Industries (HHI) has won a $300 million order from Korea Lines to build two VLCCs for delivery by the end of 2010. The South Korean shipbuilder is set to start the construction of the crude oil carriers in its new shipyard in Gunsan, North Jeolla Province, in late ...
-
News
Wightlink orders FBMA cats
FBMA Marine Inc. (FBMA), the Aboitiz-owned shipbuilder based in Cebu, Philippines has signed a new building contract with Wightlink, Portsmouth UK. The order is to design and build two new 41m medium speed passenger catamarans, for use on the Portsmouth ? Ryde crossing. This success builds on FBMA Marine?s new ...
-
News
Sungdong becomes latest yard to build VLCCs
Emerging South Korean yard Sungdong Shipbuilding & Marine Engineering is moving into the VLCC sector. According to local South Korean newspapers, Sungdong on 28 March concluded a contract with a European operator to build four 320,000-dwt VLCCs for delivery by 2011. The vessels were reportedly priced at $150 million apiece. ...
-
News
IMO nears agreeing ship pollutant limits
The IMO has tentatively agreed new sulphur limits for ship fuels that will slash air pollutants but cost the oil and ship industry dear, an industry source close to the talks said. The industry source who is involved in the negotiations said countries party to the IMO had provisionally agreed ...
-
News
Cosco drops the Dollar
Singapore-listed shipyard Cosco Corp has begun quoting new sales contracts in Chinese yuan to reduce the impact of any further decline in the U.S. dollar, the company's president said recently. "We have already started quoting new contracts in Chinese renminbi. Some customers may accept it and some may not."Cosco now ...
-
News
EC supports IMO
The European Commission (EC) has reiterated its support for shipping emissions to be addressed globally at the International Maritime Organization (IMO), as long as it meets agreed deadlines. The message was delivered at the opening plenary session of the 57th session of the IMO's Marine Environment Protection Committee (MEPC57) meeting ...
-
News
US Navy to revive LCS program
The US Navy is moving forward with construction of a new type of smaller, speedy warship after upending the program by canceling contracts last year, officials said.The Navy's formal requests for proposals issued to General Dynamics Corp.'s Bath Iron Works and Lockheed Martin Corp. call for construction of three Littoral ...
-
News
MEPC 57 scraps Micro-SECAs but keeps scrubbers
The concept of Micro-SECAs has been dropped as work proceeded this week at the International Maritime Organization (IMO) to revise MARPOL Annex VI. It formed part of ?Option 3 Global/Regional with Micro-Area? put forward by the IMO's Bulk Liquids and Gases (BLG) sub-committee to the 57th session of the IMO's ...
-
News
Genoa tug owner order AHTS vessel
The Genoa-based Rimorchiatori Riuniti S.p.A. has placed an order for an anchor handling tug supply (AHTS) vessel with the Spanish shipbuilder Union Naval Valencia for delivery in March 2010. With a length of 54.35 metres and a breadth of 15 metres, the vessel will have a 5,870 kW power plant, ...
