Author: Importer

Korean yards took the vast majority of the orders placed in December to finish the year ahead of Japan. Its yards took orders for 66 vessels totalling 3.7 million gross against 16…

International Registries is offering free transfer for ships joining the Marshall Islands registry until the end of June, and has also reduced its tonnage tax. For new entrants there will be no…

Kvaerner has sold two more of its smaller yards and confirmed it will retain a stake in Masa-Yards to help secure a sale. "We have to get the best value for shareholders…

Following research that showed that bow slamming in moderate sea states can be as damaging as those in bad weather, Polish classification society, Polski Rejestr Statkow (PRS), has revised its rules. The…

@body:ICO Global Communications, the UK company set up in 1995 to develop a global mobile satellite communications system (previously known as Inmarsat P), has been bailed out of bankruptcy by an injection…

BHP has announced it is exiting the Tasman trade, due to continued loss of earnings in liner shipping service. Its Transport Group general manager Bruce McGowan, said the decision had not been…

In a move that could presage orders for the construction of more ships of the type, Loews Corporation and Greek shipowner Basil Papachristidis have ordered two 450,000 dwt, 3.2m million barrels capacity…

Chinese shipping interests Shipping Container Line (SCL) and China Shipping Container Line (CSCL) went on a spending spree in January, confirming orders for no less than 21 ships at yards in China…

Having lately been displaced from their position as the world?s leading shipbuilders by Korea, Japanese shipyards received another major blow in December when Kawasaki of Japan decided to order five 5,600 TEU…

National Steel & Shipbuilding Company (NASSCO) on the US West Coast has received a $300 million order from Totem Ocean Trailer Express (TOTE) in Alaska for a pair of ice-strengthened, environmentally friendly…

Halter Marine is expected to be the beneficiary of a contract to build a car carrier for Pasha Hawaii Transport Line. The shipowner is seeking $80 million worth of loan guarantees from…

Usually regarded as a source of inexpensive, but unsophisticated newbuildings, Chinese yards continue to gain orders for an increasingly diverse range of complex newbuildings. The latest is an order placed at Guangzhou…

Sasebo Shipyard in Japan has been awarded an order for two capesize bulk carriers by Ceres Hellenic Shipping Enterprises. Due for delivery in late 2000 and early 2001, the 170,00 dwt vessels…

MaK has purchased the bankrupt two-stroke builder Dieselmotorenwerk Rostock (DMR), giving it extra space to accommodate engine production envisaged in its ambitious expansion plans. The Rostock factory will be converted to four-stroke…

The Siemens Schottle Consortuim is poised to sign a deal to supply its propulsor to Guangzhou Shipyard International to drive a pair of semi-submersible heavy lift vessels ordered by Cosco. Each of…

Finland`s Marioff Oy says it is gearing up for unprecedented demand for its tailor-made Hi-Fog water mist fire protection system. This follows the highlighting of engine room fires by The Salvage Association…

Engine and emissions specialist AVL is to co-operate with DNV in the field of power generation and marine propulsion systems. The aim is to combine the engine experience of AVL with the…

Danish Ferry operator DFDS Seaways has ordered Dolphin Safe Rescuer rescue boat/lifeboats for its fleet of roro passenger ships from Sea Safe Boats Sweden. The crafts meet the IMO requirements, which come…

The EC 1000 is a compact high-pressure waterjet system from WOMA that operates at up to 1,000 bar. The pressure is generated by plunger pump Type 45Y with pressure sensitive speed control…