OceanSaver introduces Mark II BWTS [Equipment]
Drammen, Norway, headquartered OceanSaver says that its next generation ballast water treatment system (BWTS) will reduce energy use by over 50 percent compared to its previous technology. OceanSaver's on-going research and development initiatives ha...
2011-06-17 08:26:26
DNV to verify Green Ships in Korea [Shipping]
Earlier this month, Korea Finance Corporation has announced the green ship finance plan that incentives including a form of lower interest rates on loans will be provided to the shipowners who obtain the vessels designed to reduce emissions. In o...
2011-06-17 08:22:28
Rolls-Royce wins OSV package order [Offshore]
Rolls-Royce, the global power systems company, announced on 15th that it has won a £15m order to design and equip two offshore service vessels for ship owner Brasil Supply. The vessels, of the Rolls-Royce UT775 E design, will be chartered by Br...
2011-06-17 08:18:28
HVS lays keel for ice class BC [General]
On 15th June 2011, the Keel Laying Ceremony for Hull No. S042 was held at Hyundai-Vinashin Shipyard dry Dock No. 1 with the attendance of representative of ship owner, Mr. Markus Karjalainen - ESL President, Classification Society (DNV) and HVS. S...
2011-06-17 08:14:55
Scrubber makers ready for production [Equipment]
Finnish engineering companies Wärtsilä and Metso said they are in a position to jointly push ahead with commercial volume production of exhaust gas SOx scrubbers. Following 18 months of trials of a system onboard a tanker owned by Finnish o...
2011-06-17 08:12:15
DSIC builds mega repair yard [General]
Dalian Shipbuilding Industry Co is building a shiprepair yard on Changxing Island in the Liaoning province of north China. It will employ around 5,000 workers and will have dry docks capable of repairing large 300,000-dwt ships. The site of Da...
2011-06-17 07:47:05
Mixed views on NOL orders [Finance]
NOL shares put up a strong showing in Singapore Thursday morning following its huge newbuilding splurge announcement. NOL has laid down $1.54bn for a fresh series of 14,000-teu and 9,200-teu vessels and upgraded an existing contract. One leading a...
2011-06-17 07:41:43
Bulker & Tanker slump persists [Shipping]
DnB NOR expects the bulker and tanker sectors to remain volatile and challenging for up to two years. Executive vice president Leif Teksum told investors: "We expect a challenging market over the next 12 to 18 months. "We believe that the big pla...
2011-06-17 07:36:26
Japan invigorates shipbuilding [Shipbuilding]
Japan's Ministry of Land, Infrastructure, Transport & Tourism (MLIT) is to set up a basic guideline to reinvigorate the country's shipbuilding industry. The government intends to sharpen Japanese shipyards' global competitive edge through industry...
2011-06-17 07:29:21
Deepwater drilling rising [Offshore]
Brazil and West Africa lead a huge deepwater drilling spend in the next four years. “With space for big finds becoming increasingly limited in shallow waters and onshore, operators are looking deeper for major new discoveries,” UK-based energ...
2011-06-17 07:14:26
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