Latest News – Page 1049
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Korea Shipyard to build a shipbuilding facility
The Korea Shipyard Co. in Mokpo and Jindogun in Jeollanamdo have signed a contract for the construction of a shipyard in Jindogun. The new shipyard will have an annual shipbuilding capacity of 200,000 DWT and will be completed by the end of 2005. Some $24 million will be invested and ...
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Telenor Satellite Services improve SSAS
Telenor Satellite Services today announced that it is expanding its Inmarsat C and Mini-C system at the Eik earth station in Norway making it easier for ship owners to comply with the new global Ship Security Alert System (SSAS) requirements defined by IMO. Telenor's commitment to provide SSAS solutions via ...
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Bow Mariner search postponed
The offshore supply vessel Powhatan returned to Little Creek on Tuesday after encountering heavy weather that prevented the ROV from being launched to begin searching for missing seamen of the Bow Mariner and to take video footage of the vessel to determine whether there are recoverable quantities of ethanol and ...
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STX wins order for tanker quartet
GESCO (Great Eastern Shipping Co) of India has ordered four 47,400 DWT product/chemical tankers from STX Shipbuilding. The vessels ordered have a length of 183m, a breadth of 32.2m, and a depth of 19.1m with a service speed of 14.8 knots. The tankers are scheduled for delivery in 2007. This ...
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Dongkuk to increase price of steel plates
Dongkuk Steel in South Korea has advised that it will increase the price of steel plates by W 65,000 per tonne from March 16. The price hike is unavoidable because the import price of steel ingots has jumped last week from $499 to between $515 and $520 per tonne. When ...
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IMO realistic change to proposed PMA regulation
The Ship Design & Equipment Subcommittee of IMO recently held its 47th session (DE47) in London, and amended the proposed revision to IMO's regulations on Permanent Means of Access (PMA or fixed scaffoldings for inspection) to be fitted on tankers and bulk carriers. The latest amendment was made in a ...
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New Voith Schneider propeller blades successfully tested on sea trials
A CAD illustration of the new VSP size 36R6/255-2 with a propeller input power of 3380 kW.With the commissioning of the new Voith Water Tractor Baut built for the Norwegian tug operator Bukser og Berging, the improved characteristics of the new VSP blades were successfully demonstrated last December. The bollard ...
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Thrane & Thrane receives class approvals for capsat SSAS
The Danish company Thrane & Thrane has received five new type approvals for its mini-C solution for Ship Security Alert System (SSAS), the TT-3000SSA Capsat. The following organizations have given their approval: American Bureau of Shipping (ABS). Chinese Classification Society (CCS). Germanischer Lloyds (GL) Government of India Ministry of ...
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New ship security system installed on Berge Boston
The 135,000 cubic metre Berge Boston.The first vessel certified by DNV to comply with the new International Ship and Port Facility Security (ISPS) Code by IMO, Berge Boston, has installed a new integrated Ship Security System by Norway-based Hernis Scan Systems A/S.Hernis is offering three alternative standardised ISPS packages: basic, ...
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ICS warns industry on ISPS Code
The International Chamber of Shipping (ICS) has issued a stark reminder to shipping companies about the need to comply with the IMO ISPS Code, and has published a simple checklist of actions that must be taken before the July 2004 deadline. "In general the shipping industry is well aware of ...
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Operation under way to recover bodies and cargo from Bow Mariner wreck
Bow Petros, sister ship to the Bow Mariner.A formidable array of marine salvage expertise and equipment is converging in the Hampton Roads area to conduct a two-pronged operation to locate and recover the missing seamen and to remove any remaining ethanol and fuel oil from the sunken tanker. The 39,821 ...
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GL - classed fleet grows by 8% in 2003
The total fleet of merchant ships classed with Germanischer Lloyd (GL) increased by 8% in 2003, to 44.1 million gt. To assist with the growing workload, the classification society increased its staffing levels by almost 9%, to 2,148 employees. The fleet growth rate matches the figure the classification society had ...
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Ship investment fund booms in Korea
A mutual fund system for investing in shipping vessels was introduced last month for the first time in Korea. This fund will attract investments from individuals, secure lease vessels to shipping companies, and pay profits to investors in accordance with the Ship Investment Company Act.The first Ship Investment Company (SIC) ...
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MHI secures two more PCTCs
The Norwegian ship owner Wilh. Wilhelmsen declared options to order a fifth and sixth PCTC from Mitsubishi Heavy Industries (MHI) in Japan.The vessels will have a car carrying capacity of 6,400 cars and will cost somewhat in excess of $50 million per vessel. The six-vessel series will be delivered during ...
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WR-21 gas turbines pass test
A key testing milestone for two Rolls-Royce gas turbines for the Royal Navy?s first Type 45 destroyer has been completed. The groundbreaking WR-21 powerplants completed factory acceptance testing at French programme partner DCN?s facility at Indret. Rolls-Royce is supplying a total of 12 WR-21s to prime contractor Bae Systems for ...
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Kawasaki introduces Sea-Arrow design on all LPGs
Kawasaki Shipbuilding in Japan has decided to introduce a new bow design known as 'Sea Arrow' on all future LPG carrier newbuildings. The new bow form, which was developed in May 2002, reduces wave resistance by up to half that of a conventional bulbous bow and Kawasaki intends to emphasise ...
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Ferretti group orders MHI anti-rolling gyros
Mitsubishi Heavy Industries (MHI) has received a contract from Italian luxury yacht builder Ferretti group to supply and install 140 stabilising systems. The order is worth approximately $4.5 million with the systems to be delivered over a 2 year period. The Anti-Rolling Gyro (ARG) stabilisation system employs satelite-linked 'control moment ...
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Mipo names and delivers a product carrier
Hyundai Mipo Dockyard in South Korea delivered the last 47,000DWT product carrier ordered by the Russian shipping company. Named Okhta Bridge, the newbuilding?s particulars are 183.0m long, 32.20m wide, a depth of 18m and a service speed of 14.6 knots. To date, the Ulsan-based shipbuilder has delivered 8 ships this ...
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Healthy order book for STX
STX Shipbuilding in South Korea has announced new orders that include two 3,500TEU container ships plus two more options giving a total contract price of $ 171 million from Reederi Nord Klaus E. Oldendorff in Germany. Because of a 40 perscent down payment the actual unit price per vessel equates ...
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Wärtsilä's "Supplier of the Year"
Providing almost half of all bearings used in Wärtsilä machinery, Austrian company Miba AG has been chosen as the engine manufacturer?s Supplier of the Year for 2003.The reasons underlying Miba's choice are the company's strong technical expertise, its commitment to continuous development and testing of bearing materials, the ability to ...