Month: October 1999

In November EU industry ministers have to decide whether shipyard aid should stop at the end of 2000. The production subsidies will stop unless the current legislation is changed. Ahead of the…

Although certain interest groups have endeavoured to put a different interpretation on the results of the proceedings, it is clear that the most recent meeting of the IMO`s marine environment protection committee…

Japanese shipbuilders say the problems they face because of continuing competition from Korea and China, and premature ordering from many shipowners in the past 12-18 months, are being compounded by the value…

Nine months after the genset engine made its debut, the propulsion version of the L27/38 has been launched by MAN B&W Alpha. At the same time the company has introduced a dedicated…

The first of a pair of 20,000 gross roro freight ferries was delivered in July to Bore by Aker Finnyard. Both Norsky and sistership Norstream, to be delivered in October, are being…

Currently around $7 billion of vessels are under construction or on order world-wide for Norwegian interests, including nearly a hundred ships and a number of mobile offshore platforms. The global Norwegian merchant…

The UK yard of FBM Marine has delivered its largest ever Tricat fast ferry to Greek owner Agapitos Lines. The 53m Sea Speed 1 is an elongated version of FBM?s well-proven TriCat…

With the market flat in all sectors companies in the tanker trade are looking much further ahead for an upturn. The picture painted by charterers and owners is bleak. There are no…