Latest News – Page 1133

  • News

    Thrusters assume new roles

    1998-12-01T00:00:00Z

    Thrusters are being specified as auxiliary propulsors and main propulsors on vessels of all types. The attributes of efficiency and low noise levels provided by thrusters are increasingly in demand for many vessel types from tugs, offshore supply vessels, and drillships, to ferries and cruise ships. Originally employed on workboats ...

  • News

    Double-acting icebreaking duo

    1998-12-01T00:00:00Z

    Two new-look icebreakers offering towingand firefighting capabilities are soon to be put through their paces in the northern Caspian Sea. While cruiseand passenger ships continue to be the mainstay of newbuilding business at Kvaerner Masa-Yards (KMY), its Helsinki New Shipyard has recently delivered Arcticaborg and Antarcticaborg, an innovative pair ...

  • News

    Developing a Frontline VLCC

    1998-12-01T00:00:00Z

    Hyundai Heavy Industries enhanced its reputation within the VLCC tanker sector with the delivery of Front Century to Frontline in July. The 311,000 dwt vessel is the first of a series of five `C-class` sister ships which are being built for the Bermuda-based owner at HHI. The other four vessels ...

  • News

    Using humidity aims to reduces NOx

    1998-12-01T00:00:00Z

    Lars-Ola Olsson and Jan Wettergård of Munters Euroform explain how the Humid Air Motor aims to decrease emissions. As tougher marine environmental requirements are sought, the focus is increasingly on diesel engines where the worst problem to solve is high NOx emissions. This has lead to intensified work on ...

  • News

    OECD agreement to cover four

    1998-12-01T00:00:00Z

    The OECD is to examine the creation of new legislation covering the EU, Japan, South Korea and Norway. By drawing up a simple document with the existing shipbuilding bill appended, the four can bring it into force without going through the signature and ratification process again, says the OECD. US ...

  • News

    MEPC blitz emissions

    1998-12-01T00:00:00Z

    The 42nd session of the MEPC has approved a study of greenhouse gas emissions from merchant shipping. A preliminary report expected for the next MEPC meeting in spring 1999. The study will look at emissions from merchant shipping, and possibilities for reducing the production of greenhouse gasses with. Areas covered ...

  • News

    Kvaerner issues profit warning

    1998-12-01T00:00:00Z

    Kvaerner has issued a profit warning to its shareholders about the third quarter earnings and reviewed the performance of its various divisions ahead of the arrival of a new chief executive, Kjell Almskog. Mr Almskog has said that Kvaerner could be: "Half its size and twice as good." The ...

  • News

    KOREA

    1998-12-01T00:00:00Z

    VLCC deal for HHI Concordia Maritime, part of the Swedish Stena Group, has taken the decision to increase its fleet with a possible eight newbuildings. The Swedish tanker operator has signed a letter of intent with Korean yard Hyundai Heavy Industries (HHI) (see also Korea feature) for two 269,000 dwt ...

  • News

    THE NETHERLANDS

    1998-12-01T00:00:00Z

    Cargo ship duo Dutch yard Niestern Sander BV has secured a two-ship order from owner Wijnne & Barends Cargadoors en Agentuurkantoren, of Delfzijl, in The Netherlands. The pair of cargo ships, hull nos 904 and 905, will be of a new design with draught based on the 3,000 dwt and ...

  • News

    The Netherlands - Plenty of orders

    1998-11-01T00:00:00Z

    According to Dutch government figures, the industry was worth a record G2.2 billion ($1.18 billion) and held on to its 2.2 per cent share of the world market. Shipbuilding in The Netherlands has recovered following a difficult period for the industry throughout Europe, and the country now ranks as one ...

  • News

    Gas carriers - Gas carriers struck by Asian `flu`

    1998-11-01T00:00:00Z

    For much of the 1990s, international trade in LPG, LNG and other gas commodities has grown steadily, with increases averaging around 5 per cent per annum. For the next few years, much lower rates of growth are anticipated. Operators had been hoping that the Asian economies would continue to drive ...

  • News

    Cruise - The Superstar is born

    1998-11-01T00:00:00Z

    The end of September saw Meyer Werft hand over the 76,800g cruise ship Superstar Leo to its owners Star Cruises a week earlier than planned. As the first of four cruise vessels under build at Meyer Werft for Star Cruise Superstar Leo is considered necessary to the continuing favourable development ...

  • News

    Scars are healing in Germany

    1998-11-01T00:00:00Z

    About 2,900 shipbuilders, or two thirds of those who once worked for Bremer Vulkan now have new jobs. Many have not gone back into the few remaining local yards, but it indicates that the Vulkan scars are healing. In the former GDR, the acquisition this year of former Vulkan ...

  • News

    Low-speed engines - Concern over wear rates

    1998-11-01T00:00:00Z

    Almost 80 per cent of the merchant ships built last year were propelled by two-stroke engines. Simplicity, both by design and direct drive, along with low running and maintenance costs have proved the overwhelming reasons for its selection. However, medium-speed engines are becoming far more fuel efficient, and some can ...

  • News

    Ship report - Safety and economy are priorities

    1998-11-01T00:00:00Z

    The recently completed floating production, storage and offloading (FPSO) vessel Varg is designed for use in the harsh environment of the North Sea. Delivered in September by Keppel FELS Singapore Ltd, Varg is owned by independent Norwegian oil company Saga Petroleum and was designed and constructed to work in the ...

  • News

    Show preview - Biggest repair show yet

    1998-11-01T00:00:00Z

    Exhibition space at Shiprepair & Conversion `98 has increased by 30 per cent and is full to capacity, according to the organisers. This year`s event takes place on November 18-19 at London`s Olympia 2, where stands will occupy two complete floors of the exhibition centre for the first time. The ...

  • News

    $1,800 to change ballast water

    1998-11-01T00:00:00Z

    Tanker owners` association Intertanko has calculated that the cost of changing ballast water in a VLCC as proposed by the IMO will be $1,800 per trip, costing the industry over $18.6 million/year for visits to the US alone. These figures assume a total ballast capacity of around 97,000m3, taking 40 ...

  • News

    Canada issues Flare alert

    1998-11-01T00:00:00Z

    The Canadian Transportation Safety Board has shown Flare`s owner, flag state (Cyprus) and classification society (LR) evidence from an underwater survey of the bow section. This points to a fracture beginning in way of the grain loading ports situated on either side of the deck. The disused loading ports ...

  • News

    Taxation after duty-free ends

    1998-11-01T00:00:00Z

    The European Commission has announced that existing rules on VAT and excise duty will apply after July 1 1999 when the duty-free allowance is abolished. The system, according to taxation commissioner Mario Monti is `clear, simple and easily enforceable.` Sales of goods onboard ships operating within the EU will ...

  • News

    Cruise coup for Ingalls

    1998-11-01T00:00:00Z

    Following an announcement earlier in the year that it was planning to quadruple its passenger capacity within the next seven to ten years, American Classic Voyages (AMCV) has finally signed a Letter of Intent with Ingalls Shipbuilding for the construction of two cruise ships, each valued at $400 million. The ...