Latest News – Page 1022
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Korea to remain number one
Korean shipbuilding industries will maintain its dominance until at least 2015 with a world market share of 40% according to Korea Institute For Industrial Economics & Trade (KIET) at the seminar held by Korea Shipbuilders' Association on 15 September. KIET expects that Korean shipbuilders will complete 16.7 million GT in ...
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HHI wins Himsen order
Hyundai Heavy Industries delivered a crank-shaft for a Wartsila 12RT-flex96C engine to Diesel United in Japan. The crankshaft will be installed in an 8,100TEU container ship to be built by IHI Marine United. HHI won a new order for 16 Himsen engines from Shanghai Shipyard in China to be installed ...
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Top three shipyards in LNG bonanza
The world?s three leading shipbuilders are reportedly about to secure multimillion-dollar orders to build 16 of the world's largest LNG carriers for Qatar. Daewoo Shipbuilding & Marine Engineering and a consortium formed by Hyundai Heavy Industries and Samsung Heavy Industries will each construct eight of the 200,000 cubic metre gas ...
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IRI calls flag states to take lead in information sharing
"It is incumbent on responsible flag states to lead the way in sharing information about ship inspections, vessel standards, conditions onboard, casualties and the implementation of their own safety regimes," said Clay Maitland, Managing Partner of International Registries, Inc (IRI), the Corporate and Maritime Administrator of the Marshall Islands flag, ...
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Shipping needs a more positive image
Bill Thomson, chief executive of Scottish tanker owner Forth Tankers plc and chairman of the 50 million GT North of England P&I club, challenged the world's merchant shipping industry last week to start projecting a more positive image if it wants more sympathy from society.Speaking at a major industry reception ...
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BMT FT acquires Peter S. Hatfield
BMT Fleet Technology Ltd, a subsidiary of British Maritime Technology Ltd (BMT), has acquired Vancouver-based Peter S. Hatfield Ltd, a naval architecture and marine engineering consultancy. This follows the opening of a BMT office in Victoria on the Canadian West Coast earlier this year and a range of new contract ...
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BAE sale on ice
A summit of UK shipbuilders has been convened by the UK?s Defence Procurement Agency which has asked representatives of shipbuilding companies to attend a meeting to discuss proposals for Britain?s naval programmes to be allocated on a planned basis. The outcome of this meeting, to be held on 11 October, ...
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USN orders new LPDs at Avondale
The shipyard at Avondale and a sister facility in Mississippi will build at least nine amphibious assault vessels for the US Navy, a drop from the original plan to build 12. Known as a landing platform dock ship (LPD), four are under construction at Avondale and one at the Ingalls ...
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Kochi shipyard to build warships
The construction of warships will begin shortly at the Kochi Shipping Yard in India, said the Commander-in-Chief, Southern Naval Command (Kochi), Vice-Admiral S C S Bangara. Preliminary works for the production of warships had begun and the project would take shape by the end of this year, he said.
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SWS on target
Shanghai Waigaoqiao Shipbuilding (SWS) in China has met its targets for the first half of this year which was to develop its shipbuilding capacity to 1.22 million DWT. Confronted with the rising price of steel plates and equipment, the company has put great efforts on increasing shipbuilding capacity, reducing costs ...
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EU helps funding for ?Shipmates?
Shipyards used to repair and convert existing vessels are set to become more efficient and environmentally friendly with the help of a grant of ?2,151,000 ($2.64 million) from the EU's Framework Programme. SHIPMATES (SHIPrepair to MAintain Transport which is Environmentally Sustainable)is a three year project to provide a blueprint for ...
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GE unveils maritime security device
GE Infrastructure, a wholly owned subsidiary of General Electric, has begun field testing a cost-effective container security product for use in maritime shipping. The company, headquartered in Wilton, Connecticut, expects to roll out the details at the United States Maritime Security Expo in New York today. The new product helps ...
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New Chairman for Society of Maritime Industries
Mr Kelvyn Derrick has succeeded Mr David Goodrich as Chairman of the Society of Maritime Industries. Kelvyn Derrick is Chief Executive of Hamworthy plc and has been a member of the Society?s Board since 1996.In acknowledging his appointment Kelvyn Derrick commented: "I am very happy to take on this role ...
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MOL introduces world?s first turbine plant simulator for LNG Carriers
Mitsui O.S.K. Lines (MOL) has introduced an independently developed turbine plant simulator for LNG carriers at the company?s training institute in Tamachi, Minato-ku, Tokyo. This is the world?s first full-scale turbine plant simulator reproducing the operating conditions and sounds of an actual engine.The simulator will provide more effective training and ...
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HHI likely to win BP LNG carriers
Hyundai is likely to win an order for up to 7 LNG carriers from BP Oil. According to a shipbuilding source, Daewoo and Samsung withdrew from the competition. Meanwhile, Hyundai, Daewoo and Samsung are shortlisted for constructing 200,000 cbm LNG carriers for Qatar Gas.
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Hindustan Shipyard in profit
The Visakhapatnam-based shipbuilding company, Hindustan Shipyard Ltd (HSL), is all set to report nominal profits in the current year. "The company will make some profits in the current year whether we get the revival package or not. However, if the government accepts the revival package, it would be comfortable," said ...
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Karachi shipyard handed over to Navy
The government of Pakistan has formally handed over the Karachi Shipyard to the Pakistan Navy following wide ranging consultations. The federal finance ministry has been told to provide 460 million for the Karachi shipyard employees for the payment of their salaries.
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Second Ultra Voyager for Aker Yards
Royal Caribbean International (RCI) and Aker Yards, confirmed an order of a second Ultra Voyager, the world's largest cruise ship. The contract is valued at some $700 million.This 160,000gt 3,600 passenger vessel will be built at the Turku facility of Kvaerner Masa-Yards for delivery in spring 2007. The yard is ...
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Izar Group split
Only private capital can save the La Naval shipyard in Sestao, one of the yards in the Izar Group, following an announcement by the Spanish government to split up the group and sell off the civil shipyards. This provoked an angry response by the unions who said they will call ...
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Kittiwake unveils new bunker sample storage system
To help ship owners, operators and managers comply with the latest mandatory regulations governing the collection, retention and storage of bunker samples in accordance with IMO MARPOL 73/78 Annex VI, Kittiwake is introducing its ?bunker sample storage system? for the first time at SMM 2004.With effect from 19th May 2005, ...
