Equipment
ABG Shipyard bags order worth 480Mil
ABG Shipyard Ltd has announced that the Company has bagged a prestigious order for the construction of 2 units of premium self elevating jackup, JU-2000A, Rigs from Essar Oilfields Services Ltd, Mauritius, worth Rs 23774.1m (USD 480m). These Rigs wil...
2008-11-04 16:21:03
Scrap ageing ships yes, but at what prices?
The freefall of the Baltic Dry Index to its lowest levels in years is a reality. At a time when even a modern capesize is barely achieving rates that would cover its running costs, what can be said about 25+ year old dry bulk carriers? Until recently...
2008-11-04 11:27:04
Vale Withdraws Demand for Iron Ore Price Increase
Cia. Vale do Rio Doce, the world's largest iron ore supplier, withdrew demands for a 12 percent price increase from Chinese steelmakers as economic growth slows, customer Baosteel Group Corp. said. Vale said asking for higher prices for the steelmaki...
2008-11-04 11:20:44
Establishment of cooperative company to provide shipbuilding...
On Oct 22, Busan-based shipbuilding machinery and materials provider, P&P Korea, held a signing ceremony for setup of joint investment, Pav Marine Ltd, shipbuilding materials’ commissioning test & engineering service provider, with Vietnam Marine U...
2008-11-03 17:43:05
Wartsila to supply energy efficient systems to Aker Yards fo...
Wartsila has signed major contracts with Aker Yards AS Søviknes and Aker Yards AS Trading - the recently established project development arms of the Aker Yards Group - for the supply of propulsion equipment for five offshore vessel projects being bu...
2008-11-02 13:11:21
ClassNK discloses guidelines for high-tension steel
The Nippon Kaiji Kyokai (ClassNK) has made public the "Guidelines on the Application of YP47 Steel for Hull Structures of Large Container Carriers" on its website on October 30. The high-tension steel plate (yield point 47-kilogram), developed unique...
2008-10-31 11:38:44
DI develops eco-friendly welding clothing
Daewoo International (DI) of South Korea revealed on October 29 that it has developed new welding clothing at its textile mill in Busan city. The welding clothing is made of environmentally-friendly material, replacing leather for the first time i...
2008-10-31 11:07:06
Germany’s BMS developed energy-saving fin
Germany’s Becker Marine Systems (BMS) has developed energy optimizer, ‘Mewis Duct’ which saves fuel and is environmentally-friendly. The duck-looking special fins in front of propeller concentrate and pre-swirl the water stream towards the pro...
2008-10-30 20:40:30
Wartsila engines to power 400K VLOC
Wartsila engines will power the world’s largest ore carriers, 12 ships which have been contracted by a Brazilian shipowner. This is the biggest order for Wartsila RT-flex82T low-speed engines, which is one of four new engine types introduced by...
2008-10-30 14:57:17
MAN Diesel wins order for power plant engines
MAN Diesel announced October 23 that the British energy company Blue-NG has placed an order for a series of MAN B&W type 10L35MC-S diesel engines to be used for on-land power plants. The order represents a new, advanced application for the MAN B&W...
2008-10-30 14:27:42
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