Industry News – Page 544

  • News

    Philly?s third christening

    2005-05-19T00:00:00Z

    Kvaerner Philadelphia Shipyard (KPSI) on Saturday will be christening the Manulani, a 219 metre, 2,600 TEU container ship. The ship is the third of a four-vessel order for Matson Navigation and the final ship is expected to be delivered in the second quarter of 2006. When in service, both newbuildings ...

  • News

    ThyssenKrupp - no decision on bid for Atlas Elektronik

    2005-05-19T00:00:00Z

    ThyssenKrupp AG said it has not made a decision on whether it will bid for BAE Systems' German maritime electronics unit Atlas Elektronik. "If you talk to BAE they will say a decision is not yet finished if they want to sell it onto the market," ThyssenKrupp board member Olaf ...

  • News

    Timor-Leste joins IMO

    2005-05-19T00:00:00Z

    Timor-Leste has become a member of IMO, following its deposit, on 10 May 2005, of an instrument of acceptance of the Convention on the International Maritime Organization, as amended, with the Secretary-General of the United Nations.With the accession of Timor-Leste, the number of IMO Member States stands at 165, with ...

  • News

    Aker inks NSB boxships

    2005-05-19T00:00:00Z

    Aker Yards has been awarded contracts to build five container vessels of the newly developed type Aker CS 1900. The ships will be managed by NSB Niederelbe Schiffahrtsgesellschaft, in Germany and each vessel will be owned by single ship companies. The total contract value is approximately EUR 190 million. Aker ...

  • News

    Augusta goes to Aker for newbuild

    2005-05-19T00:00:00Z

    Aker Yards has signed a contract with the Italian company Augusta Offshore SpA for the construction of an offshore supply vessel to be delivered in January 2007. The contract value is around $20 million. Augusta currently has another vessel of the same design, UT 755 L, under construction at Aker ...

  • News

    VT prospects buoyant

    2005-05-19T00:00:00Z

    VT GROUP, the shipbuilder and defence group, rated its future prospects as good, but warned of a slowdown at its core UK defence support services arm. The company said it planned to offset the expected UK slowdown by continuing to expand in United States defence support services (DSS) and in ...

  • News

    Fesco orders another feeder

    2005-05-18T00:00:00Z

    Fesco in Russia has ordered another 1,730TEU container vessel for delivery in April 2008 from Stocznia Szczecinska Nowa in Poland which is already building two similar feeders for the same owner. The price of the newly ordered ship is $30.5 million which is higher than the first two due to ...

  • News

    Chinese shipbuilders expand

    2005-05-18T00:00:00Z

    Xiamen Shipbuilding in China has started to build a new 80,000DWT shipbuilding berth at a cost of $20 million. Due for completion during 2006, it will enable Xiamen to build at least 600,000DWT per year. In addition, two dry docks in Zhoushan, China, will be operational from August this year. ...

  • News

    Shipping shortage constrains Chinese car hopes

    2005-05-18T00:00:00Z

    China wants to become a motorcar exporting powerhouse, but even if overseas demand for its cars soars, its ambitions may be constrained by a global shortage of car-carrying ships. These PCTCs (pure car and truck carriers) are in tight supply as car manufacturing becomes increasingly globalised while shipbuilders are already ...

  • News

    Ferguson needs lifeline

    2005-05-18T00:00:00Z

    The Port Glasgow yard of Ferguson is facing an empty order book and is hoping to receive a life-saving order for two new link-spans from the private ferry operator Western Ferries. There could also soon be an order for a new ferry. Western Ferries' managing director Gordon Ross said they ...

  • News

    Q-Ship inks gas carrier deal

    2005-05-18T00:00:00Z

    QATAR Shipping Company (Q-Ship) inked the largest deal in its history by signing a letter of intent with Hyundai Heavy Industries, Korea, to build four identical 82,200 cbm very large gas carriers (VLGCs), for delivery in 2008-2009.The ?design, build, launch, equip and deliver? deal is worth about $385 million and ...

  • News

    Seastate looking to the future

    2005-05-17T00:00:00Z

    Seastate, the Australian supplier of complete motion control solutions to luxury yachts, high speed ferries, military and para-military markets, is now a wholly owned subsidiary of Austal. Seastate will join with the Austal team to form a resource with a vast knowledge of vessel design and operation that will push ...

  • News

    IHI recovers profitability

    2005-05-17T00:00:00Z

    Ishikawajima-Harima Heavy Industries (IHI) said its group net balance has swung back into the black for the first time in three years in fiscal 2004 as it cut costs and boosted sales in industrial plant, machinery and shipbuilding operations.The company said net profit came to 2.18 billion yen in a ...

  • News

    Hospital ship lifeline

    2005-05-17T00:00:00Z

    Two shipyards are discussing a £120m hospital ship contract for the UK?s Ministry of Defence in a bid to cope with a work gap caused by delays to the £3.5 billion aircraft carrier programme for the Royal Navy and a slowdown in refit contracts for navy warships. Jaap Kroese, owner ...

  • News

    Color Line installs Ensolve

    2005-05-17T00:00:00Z

    EnSolve Biosystems, the US biotechnology company, has received an order from Color Line to install a PetroLiminator 300 biomechanical bilge water treatment system on the passenger ferry Color Viking. The installation on the 1,460 passenger, 340 vehicle ferry will take place within the next three months. The PetroLiminator system ...

  • News

    BAE to upgrade Barrow

    2005-05-17T00:00:00Z

    BAE, the UK?s major naval shipbuilder, is to spend more than £20 million modernising the Barrow shipyard and also preserving facilities that could be used for a return to surface shipbuilding. The company announced it is launching a "major site programme for 2005 comprising capital investment, preservation of existing facilities ...

  • News

    LR approves GE?s turbine propulsion for LNG carriers

    2005-05-17T00:00:00Z

    Lloyd?s Register (LR) has issued an ?approval in principle? of GE Energy?s LM2500-based gas turbine propulsion system for LNG tankers. Gas turbine propulsion systems have been widely used on naval and cruise ships, but are new to LNG vessels. The approval in principle, issued through LR North America, gives GE ...

  • News

    Annex VI impacts on bunker buyers

    2005-05-17T00:00:00Z

    Owners and charterers will need to revise the text of their fuel purchasing specifications after IMO's Marpol Annex VI enters into force on 19 May warns leading fuel testing agency, Lintec Testing Services. Almost all bunker buyers specify that their fuel must comply with ISO 8217, but Marpol Annex VI ...

  • News

    BMT to assess UK?s ship recycling

    2005-05-16T00:00:00Z

    A contract to assess the UK?s ship recycling capability has been awarded to a team of BMT companies, led by BMT Defence Services Ltd, a subsidiary of British Maritime Technology Ltd (BMT), by the UK Department for Environment, Food and Rural Affairs (Defra). The findings of the study will inform ...

  • News

    Mixed fortunes for Korean yards

    2005-05-16T00:00:00Z

    Dae Sun Shipbuilding in South Korea has returned to profit for the first quarter this year. Although turnover dropped slightly from W20.4 billion compared with W 20.5 billion last year, the shipyard generated a profit of W1.2 billion compared with a loss of W964 million during the same period last ...