Month: February 1999

Chevron has taken delivery of the first of a new class of four VLCCs with a number of interesting features. The four VLCCs, which were contracted at Samsung Heavy Industries in South…

As competition increases and the market continues to suffer, the possibility of class society mergers gets closer. There are likely to be mergers or alliances among classification societies within the next few…

Finland`s main shipyards have been busy with corporate changes as well as with newbuildings. Kvaerner ASA plans to reduce its debt burden by raising a reported NKr2.5 billion ($39.28 million) through the…

The number of Danish-owned vessels sailing under the Danish flag remained static last year. As at January 1, the figure stood at 593, still making it the third largest fleet in Europe,…

The year 2000 problem represents a critical business risk with well documented problems evident already and warnings of worse to come. An IMO/US Coast Guard report on the year 2000 threat in…

In their efforts to reduce transit times and attract more passengers, operators are looking to bigger, faster ferries. Incat`s latest high-speed vehicle-carrying ferry boasts the ability to carry its own weight, 800t,…

Combination carriers have been out of fashion for much of the 1990s. A recent design aims to change this. Norwegian shipbroker, O-J Libaek & Partners, a company with over 40 experience in…

In the quest for greater speed, ship designers are increasingly looking towards gas turbines. Turbine driven containerships! You can almost hear the gasps of astonishment in Copenhagen and Winterthur. Containerships - the…