Latest News – Page 1021
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Shipshape in Greenwich
Important cruise and ferry industry forecasts emerged from the 21st Century Passenger Transport Conference held at London?s University of Greenwich. Delegates were told that, terrorism notwithstanding, cruise passengers will grow 50% to 1.5 million by 2010. But ferry volumes will be halved in the decade to 2010 unless the industry ...
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Unithai yard wins containership contract
Unithai Shipyard and Engineering Ltd signed a shipbuilding contract with NP Marine for a 150 TEU containership with delivery scheduled for the end of 2005. The vessel is designed to serve Thailand's coastal trade.Unithai owns and operates the largest shipyard in Thailand and is capable of building vessels up to ...
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Moore Stephens survey confirms UK Tonnage Tax success
Leading shipping accountant and business consultant Moore Stephens says theresults of a major survey into the operation of the UK Tonnage Tax schemeshow it to have been an overwhelming success. Owners who took part in thesurvey were taken equally from those in the scheme and those outside it.The clearest message ...
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Carnival signs multi billion-dollar order with Fincantieri
Carnival Corporation has signed a historic multi-billion-dollar cooperation agreement with Italian shipbuilder Fincantieri to construct four new cruise ships as well as significantly redesign the previously announced Queen Victoria for its Cunard Line brand. Two of the newbuilding orders have been placed in U.S. dollars; two others are in euros. ...
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Ambitious plans to kick-start India's shipbuilding
The Indian government is proposing a new maritime policy incorporating ambitious plans for the shipbuilding and ship repairing industry. On the drawing board are plans for two international shipbuilding yards on the east and west coast on a public-private partnership basis. The Indian shipbuilding industry is in the doldrums with ...
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Finnish steel transport solution
MacGREGOR introduced transport solutions developed by Langh Ship at the International Steel Forum arranged by Metal Bulletin in Prague on 21 September. The three-day forum focused on topical issues within this field, one of which was the requirements set for the steel transportation chain. Kim Olin, Senior Naval Architect with ...
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OOIL orders boxship duo
Orient Overseas (International) Limited (OOIL), the Hong Kong based group that owns one of the world?s largest international container transport business which trades under the name OOCL, has placed an order with the Chinese shipbuilder Hudong-Zhonghua for two 4,250TEU container vessels at a cost of $108.4 million. OOIL said it ...
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Engine room planning with 3D Engine Viewer
MAN B&W Diesel Group will, at SMM 2004, present a new software tool to support reliable engine room planning: The "3D Engine Viewer" provides CAD models of four-stroke engines in individual configuration.The engine rooms of ships are getting more compact every year, making every inch matter. At the same time, ...
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Wallenius orders world's biggest car carriers
Wallenius Lines has placed an additional order for three new Pure Car and Truck Carriers (PCTCs) that will be the biggest in the world. The vessels will be 228 metres long and capable of carrying 8,000 cars.Earlier this year Wallenius Lines ordered three ships with a capacity of 6,500 cars ...
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Moller orders a dozen boxships
A.P. Moller-Maersk placed an order for 10 container ships plus two more options with Hanjin Heavy Industries at a total cost of about $ 970 million.The contratc comprises of six 6,200TEU vessels plus two more options and four 3,400TEU container ships. Delivery is scheduled from early 2007 to January 2008. ...
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Saudi orders VLCC pair from Hyundai
The National Shipping Company of Saudi Arabia (NSCSA) has placed an order with Hyundai Heavy Industries, the worlds? largest shipbuilder, for two VLCC tankers in response to increases in oil production which has boosted supertanker prices. Oslo-based shipbroker Fearnleys AS said that Hyundai won the order because of the early ...
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Daewoo increases panel production
The panel block shop at Daewoo has been modernized with new machinery including automatic welding machines which has increased output by 25%, i.e. from 4.5 to 5.7 blocks daily. The modernization plan was based on reports from its managers who inspected Japanese shipyards last year where it was established that ...
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EU plans could devastate British shipbuilding
Bureaucrats in the EU are preparing to threaten a $16 billion-a-year business in the British defence industry under controversial plans to force national governments to open up their lucrative contracts to foreign competition. The market for defence equipment includes warships and marine equipment which could be opened up to competition ...
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IRISL gets Iranian built boxship
The Islamic Republic of Iran Shipping Lines (IRISL) took delivery of the 2,188 TEU container vessel, Iran Bushehr, from domestic shipbuilder Iran Shipbuilding and Offshore Industries Complex Co. (ISOICO). The $188.5 million newbuilding is the first in a five-ship series to be built by ISOICO and has a length of ...
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BC Ferries confirms order with Germany
BC Ferries confirmed its controversial decision to award a contract to build three new Super C-class ferries to a German shipyard rather than elect to have the ships built in Canada. "These are design-build, fixed-price contracts that provide B.C. Ferries with substantial guarantees related to delivery dates, performance criteria, cost ...
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HHI workers union expelled from KMWF
Korea Metal Worker?s Federation has decided to expel the workers union of Hyundai Heavy Industries. A statement from KMWF said that HHI?s labour union has not supported KMWF?s guideline and the Federation raised the issue of expelling HHI?s labour union at its representative meeting on 15 September 15. The labour ...
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Vinashin on course for success
Eight years after its establishment, the Viet Nam Shipping Industry Corporation (Vinashin) has built up a good reputation in the shipping industry winning a great number of orders for specialised ships and vessels from giants in the field, a Vinashin official has said.Early this year, Vinashin won its biggest contract ...
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MSC confirms new cruise ship order
Italian shipping company MSC Crociere has confirmed that it is going ahead with an order for two 1,275 cabin cruise ships for delivery in June 2006 and spring 2007. Both vessels will be constructed by the French shipbuilder Chantiers de l?Atlantique and the order includes an option for a third ...
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MMM plans ship repair facility in Iraq
Malaysian Merchant Marine (MMM) has entered into negotiations to form a joint venture (JV) with Iraqi Oil Tankers (IOTC) to operate as a bunker trading supplier in Umm Qasr in Basrah and all the oil terminals and ports in the Iraqi territorial waters as well as the Arabian gulf. In ...
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NMRI develops new sail propulsion system
The NMRI (National Maritime Research Institute) in Japan has developed a radical new sail propulsion system for commercial ships. In recent tests based on route calculations for a bulker carriers equipped with the system, carbon-dioxide emission reductions of up to 17.4% have been achieved. This renewed interest in the concept ...
