Month: January 2009

The latest research developments covering aspects of ship powering prediction and the performance of ?unconventional propulsors? are highlighted in Marine Powering Prediction And Propulsors, now available from the Society of Naval Architects…

State-run Shipping Corp of India (SCI) has put orders for new vessels on hold till March although its long-term plan to buy 40 vessels by the end of 2011 is still on…

Edison Chouest Offshore has assumed management and operation of its recently acquired Tampa Bay Shipbuilding and Repair, now known as Tampa Ship LLC.yard. The Tampa shipyard is a full service conversion, overhaul…

The global slump in the shipping industry is turning out to be a boon for the ship breaking industry in Alang, according to local industry sources, around 100 ships have been beached…

Ecospec Global Technology Pte Ltd (Ecospec), a research and technology company specialising in advanced water and oil treatment technologies, has developed a new green technology for the shipping industry which it believes…

The three major South Korean shipbuilders, commonly referred to as the ?Big 3,? are thought to be lowering annual targets despite their top technical skills because of tightened conditions in the global…

The Export-Import Bank of Korea (Korea Eximbank) Chairman Chin Dong-soo said the state-run lender would come to the rescue of struggling shipbuilding companies. "I've recently been asked why Korea Eximbank doesn't offer…

Pacific Basin Shipping Ltd., Hong Kong?s biggest operator of commodity vessels, expects more shipping companies to fail after the global recession caused freight rates to plunge 92 % last year. "More dry-bulk…

U.S. Shipping Partners L.P. announced that its joint venture for the construction of five U.S. flag product/chemical tankers took delivery of the product tanker 'Golden State'. The joint venture is owned by…

American Superconductor Corporation (AMSC), a leading energy technologies company, and Northrop Grumman Corporation (NOC) have successfully completed full-power testing of the world?s first 36.5 megawatt high temperature superconductor (HTS) ship propulsion motor…