Month: August 2004

ThyssenKrupp AG said all shipyard sites would be kept as part of its merger with One Equity Partners (OEP) unit Howaldtswerke-Deutsche Werft AG (HDW), which is expected to be contractually sealed by…

The shock announcement comes amid fears that BAE's yards at Scotstoun and Govan could be sold off as the result of a row with defence chiefs. The call was made as VIPs…

MMC Norilsk Nickel in Russia and Kvaerner Masa-Yards, part of Aker Yards, have signed a newbuilding contract for one 14.500DWT arctic container vessel for operation in the Northern sea route of Russia.…

American Technology Corporation (ATC) has issued a report on recent developments regarding its growing LRAD business. LRAD is a breakthrough long-range hailing and warning, directed acoustic device designed to communicate with authority…

Posco in South Korea will be increasing production of thick steel plates from 3.3 million tonnes per year to 3.8 million tonnes by 2008 in order to provide sufficient steel supply to…

Tsakos Energy Navigation (TEN) has ordered one Aframax double-hulled tanker, with a carrying capacity of 105,000 dwt. The vessel, featuring a new design that will provide customers with new options for moving…

MAN B&W Diesel has received an order to supply 4 x 20RK280 engines to Italian ship builder Fincantieri. The Italian company has secured a contract to build a 122 metre monohull fast…

Hyundai Merchant Marine (HMM) has ordered three 4,700TEU container ships from Hyundai Heavy Industries at a total cost of $200million. Ship particulars are 294.1m long, 32.2m wide, a depth of 21.8m, speed…

Mitsui Engineering and Shipbuilding (MES) in Japan reports that its accumulated diesel engine production has reached 45 million bhp (33 million kW) and is the first engine manufacturer in the world to…