Month: September 2004

American Superconductor Corporation, a leading electricity solutionscompany, has announced that its prototype 5-megawatt (MW) High TemperatureSuperconductor (HTS) ship propulsion motor has been demonstrated successfully at full load, under steady state operational conditions,…

Australian builder of high speed vessels, Austal, has launched what is said to be the largest aluminium ship ever built, the 127m trimaran ferry Benchijigua Express.As well as being a significant ship…

Unithai Shipyard and Engineering Ltd signed a shipbuilding contract with NP Marine for a 150 TEU containership with delivery scheduled for the end of 2005. The vessel is designed to serve Thailand's…

Carnival Corporation has signed a historic multi-billion-dollar cooperation agreement with Italian shipbuilder Fincantieri to construct four new cruise ships as well as significantly redesign the previously announced Queen Victoria for its Cunard…

Leading shipping accountant and business consultant Moore Stephens says theresults of a major survey into the operation of the UK Tonnage Tax schemeshow it to have been an overwhelming success. Owners who…

Important cruise and ferry industry forecasts emerged from the 21st Century Passenger Transport Conference held at London?s University of Greenwich. Delegates were told that, terrorism notwithstanding, cruise passengers will grow 50% to…

The Indian government is proposing a new maritime policy incorporating ambitious plans for the shipbuilding and ship repairing industry. On the drawing board are plans for two international shipbuilding yards on the…

A.P. Moller-Maersk placed an order for 10 container ships plus two more options with Hanjin Heavy Industries at a total cost of about $ 970 million.The contratc comprises of six 6,200TEU vessels…