Month: June 2004

The upgrading and enlargement project at Bach Dang Shipyard is expected to complete its first phase by the end of this year when 95% of the work will be done. Completed construction…

South Africa launched a new Maritime Rescue Centre to help coordinate its response to shipping disasters and search-and-rescue operations in the region. The move comes as salvage experts continue the battle to…

Wärtsilä Corporation has been awarded a contract by Kvaerner Masa-Yards in Finland to supply six Wärtsilä 12V46 as prime movers for the main generating sets for the Ultra Voyager cruise ship recently…

Hyundai Heavy Industries may be the world?s largest shipbuilder and a major force in manufacturing construction equipment and marine engines, but it remains an ailing conglomerate suffering from reckless expansion and losing…

Larger ships, driven by the latest generation of very high-powered diesel engines, are particularly susceptible to alignment problems on the bearings supporting the propulsion shafting as well as the main engine bearings.…

South Korean companies looking to cut costs by moving factories to China or Vietnam should consider investing in North Korea, said Park Seung, governor of South Korea's central bank. "The hollowing-out of…

Enpaco Corporation in Changwon, Republic of Korea, will manufacture the new TCA turbocharger model for MAN B&W Diesel under licence. The persons in charge have now signed a corresponding contract with a…

BAE Systems now appears unlikely to sell its shipyards after the company's surprising cash bid for Alvis, Britain's last independent tank maker. Sources close to Britain's biggest defence contractor said the sale…

High profile Greek shipowners have backed a move by Italy-based classification society RINA to expand its presence in Greece. Nineteen representatives of the Hellenic shipping community have joined RINA?s newly-reformed Hellenic committee.Ugo…