Month: August 1999

With most sectors of the shipping industry in crisis, Drewry Shipping Consultants argue that secondhand vessels bought now could prove to be bargains. Its analysis of market potential through to 2003 shows…

Kvaerner has sold another of its yards, and been ordered by the EU to repay Euro41.5 million ($42.5 million) of state aid. Marconi Electronic Systems has agreed to pay £2.25 million ($3.55…

With its announcement that it has signed letters of intent for a further five newbuildings P&O has also altered shipbuilding’s future. Although the order itself is significant, of greater importance is that…

The second register, the Asian crisis, and domestic shipping reforms have provided benefits and challenges for Korean owners. At the end of last year, the Korean Shipowners Association’s members owned and operated…

Korean shipyards refute European accusations that ships are being sold too cheaply, and that IMF funds are being used to bail out ailing yards. Despite heavy criticism from European shipbuilders, the Koreans…

Over the next few years shipowners could find themselves having to contend with a patchwork of environmental legislation. Shipowners are accustomed to their existing fleet escaping the vast majority of new legislation…

A multi-purpose, state-of-the-art diesel electric cable layer has started work for the first time, in the Baltic, playing a key role in the SwePol power cable project. Van der Stoel Cable, a…

US shipyards hope that a major initiative launched this summer will help them improve efficiency and productivity. While shipyards in Japan, Korea and, to a lesser extent, Europe, continue to invest heavily…

Cable ship conversions to Tyne

Cable ship conversions to Tyne