Month: November 1999

In the last month, Hyundai Mipo Shipyard in Korea has won orders for newbuildings from Italy and France. Navigazione Montanari in Italy has ordered a pair of 35,000 dwt chemical carriers from…

Analysis of claims over a ten- year period by the UK P&I Club showed that two per cent of the claims account for 72 per cent of the costs incurred. The analysis…

In September Japanese yards took orders for 38 ships (including 33 bulkers) totalling 1,350,000g bringing the total to 133 (4.8 million gross) since April. Order levels are running at twice the rate…

Having completed its debt-for-equity deal Daewoo Heavy Industries (DHI) is now 56 per cent owned by the Korea Development Bank and the Export-Import Bank of Korea (EIBK) with the remaining shares owned…

Increasingly, yards are turning to single-source `turnkey` contractors for diesel electric propulsion machinery, say manufacturers. Vendors are assuming responsibility not just for the supply and installation of propulsion and power generation equipment…