Industry News – Page 585

  • News

    A century for STX

    2004-06-28T00:00:00Z

    STX Shipbuilding in South Korea has delivered its 100th newbuilding from its Jinhae yard which was opened in 1996. The ship, named Antigmar, is a 45,800DWT product carrier ordered by Stelmar Shipping in Greece. Measuring 183 metres long and 32.2 metres wide with a depth of 19.1 metres, it has ...

  • News

    Universal clinches two bulkers

    2004-06-28T00:00:00Z

    Universal Shipbuilding in Japan secured an order for two Capesize bulk carriers from domestic ship owner Shinwa Kaiun Kaisha. One of the bulkers is a 297,000DWT vessel measuring 327 metres long, 55 metres wide, a draught of 21.40 metres and scheduled for delivery in January 2009. The other bulker ...

  • News

    ADSB signs contracts with UAE Armed Forces

    2004-06-28T00:00:00Z

    Abu Dhabi Ship Building (ADSB) has signed three new major contracts with the UAE Armed Forces worth Dh180 million ($49 million). These new contracts add to the growing backlog of naval work already underway at ADSB, as reported a few months ago. The shipbuilding and ship repair company won an ...

  • News

    Convergence of naval and commercial shipbuilding standards

    2004-06-28T00:00:00Z

    Traditionally, naval ships were designed by individual navies to their own rules, through their autonomous engineering houses. Today they are progressively being designed to commercial standards.In an address to the Australian Maritime Safety Authority?s ?Natship? conference, John Dikkenberg, business manager for the Anzac Alliance, said a revolution was occurring in ...

  • News

    Evergreen plans massive fleet expansion

    2004-06-25T00:00:00Z

    Evergreen Marine, Taiwan's largest shipping company, is set for a massive expansion of its containership fleet with plans to order 54 vessels during the next 10 years. This is in addition to the 10 boxships the company has ordered from Japanese shipbuilder Mitsubishi Heavy Industries. It is estimated that the ...

  • News

    POSCO ups steel prices

    2004-06-25T00:00:00Z

    POSCO, Korea's largest steel maker, will raise prices of steel plates used for shipbuilding for a third time this year because of rising demand. Prices will increase by 9% to $477 per metric ton on July 5. This will take the total increase for this year to 38%. "Demand for ...

  • News

    KR plans to release new version of KR-CON

    2004-06-24T00:00:00Z

    Korean Register of Shipping (KR) plans to release the new version (4.0) of KR-CON - a database of various IMO instruments, such as conventions (SOLAS, MARPOL, ICLL, STCW, etc.), codes (IBC, IGC, ISM, ISPS, FSS, FTP, HSC, etc.), resolutions (Assembly, MSC, MEPC, FAL, LEG) and circulars (MSC, MEPC, LL3), in ...

  • News

    Austal delivers Tahitian cat

    2004-06-24T00:00:00Z

    Austal recently delivered the 56 metre ferry Aremiti 5 to Tahitian ferry company Aremiti Cruise. Based on the Austal Auto Express 56 catamaran design, the newbuilding is well equipped to handle the demanding requirement of providing a vital ferry service between the French Polynesian islands of Papeete, Morea and Bora ...

  • News

    OMI expands fleet

    2004-06-24T00:00:00Z

    The US-based tanker operator, OMI Corporation, has reached an agreement to purchase four newly built Suezmax tankers and eight product carriers under construction at Hyundai Mipo Shipyard from Athenian Sea Carriers. OMI will pay the Greek shipping company approximately $585 million cash, including $393 million by August 2004 and the ...

  • News

    Marine wiper specialists join forces

    2004-06-24T00:00:00Z

    B. Hepworth and Company Limited has announced the merger of Hepworth MarineInternational and Wynstruments Limited, parent company of Wynn Marine. The merger became official on 21st June 2004.This news marks a move forward and allows both companies to consolidate already very strong, leading positions in the marine wiper market. Both ...

  • News

    Ezra orders pair of AHTS

    2004-06-24T00:00:00Z

    Singapore ship owner, Ezra Marine, has placed an order with compatriot shipbuilder, Pan United Shipyard, for two anchor handling tugs (AHTS) each powered by a 8,993kW diesel main engine. The vessels reportedly have a price of about $37 million, and both are scheduled for delivery in the second half of ...

  • News

    VT Halter wins Lockheed Martin tug contract

    2004-06-24T00:00:00Z

    VT Halter Marine based in Pascagoula, USA, has signed a contract with Lockheed Martin to design and build two harbour tugs. The 30 metre Voith Tractor tugs will be built at VT Halter Marine?s Jackson County shipyards in Pascagoula and Moss Point with completion scheduled for the last part of ...

  • News

    First-ever electric ship plug-in at port of LA

    2004-06-23T00:00:00Z

    The Chinese containership Xin Yang Zhou has become the first vessel to ?plug? into the world's first Alternative Maritime Power (AMP) container terminal at the port of Los Angeles. The China Shipping Company, the first ocean carrier calling at the port to utilize the new energy technology, operates the terminal. ...

  • News

    Baltic Sea countries support ban on single hull tankers

    2004-06-23T00:00:00Z

    Eleven countries bordering the Baltic Sea have reportedly agreed to impose a ban within a year on the carriage of heavy fuel oil in single-hull tankers in the region. In a statement issued following a meeting in Tallinn of the 11-nation council of the Baltic Sea states, the heads of ...

  • News

    GE gas turbine to power RAN?s frigate

    2004-06-23T00:00:00Z

    GE Marine reported that its LM2500 aero derivative gas turbine will power the Royal Australian Navy?s (RAN) eighth ANZAC-class frigate, Nuship Ballarat. The frigate was recently delivered to the RAN during a ceremony in Williamstown, Melbourne, Australia. The ANZAC ship program is a collaboration between the Australian and New Zealand ...

  • News

    Aker Yards to build platform supply vessel

    2004-06-23T00:00:00Z

    Aker Yards, via its wholly owned subsidiary Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755L platform supply vessel. The approximately $19 million PSV newbuilding contract secures full capacity utilization through the end of 2004 at Brevik Construction AS, ...

  • News

    HITT and LRF in jv for online shipping information service.

    2004-06-22T00:00:00Z

    HITT, a provider of traffic management and navigation systems and Lloyd's Register- Fairplay (LRF), a publisher and provider of maritime information solutions, announced the formation of a joint venture company ?AIS Live Limited?. This company will focus on developing online shipping information services for port communities and authorities. The initial ...

  • News

    STX and Posco jointly developed LTCMS

    2004-06-22T00:00:00Z

    STX Shipbuilding in Korea has, together with Posco, jointly develop lower temperature carbon manganese steel for NV2-4 for the first time in South Korea. NV2-4 LTCMS is a necessary material for manufacturing LPG tank and suitable for Ammonia and VCM. By developing this steel which is used in the manufacturing ...

  • News

    Vietnam Coal starts construction of own shipyard

    2004-06-22T00:00:00Z

    Vietnam Coal Corporation has started construction work on a shipbuilding yard at the northern port city of Quang Ninh last week. The shipyard, covering 16 hectares, will include a workshop and slipways capable of building 6,500 to 15,000 tonne ships. With a total investment of $36 million in the 2004-2010 ...

  • News

    Chinese yards losing money on newbuildings

    2004-06-22T00:00:00Z

    Shanghai Waigaoqiao Shipbuilding, China's newest shipyard, will lose money on newbuildings because the price of steel used has doubled. The price of steel plates used to build tankers and bulk carriers rose by as much as $700 per tonne, up from $300 a year ago, according to shipyards such as ...