Author: Importer

Marking an important diversification away from its traditional focus on building sophisticated military craft, the Cherbourg yard Constructions Mecaniques de Normandie (CMN) delivered the multi-purpose offshore supply vessel, Kiesse, on September 7…

This year`s ShipRepair & Conversion exhibition takes place at Olympia on November 10-11. Organisers report another increase in the number of companies exhibiting at the show, which covers two floors of Hall…

An epirb which failed to function has raised concerns with Canadian Coast Guard. The failure came to light in a report into the search and rescue operation following the loss of Flare…

Danish ferry operator Scandlines is facing prosecution for exporting toxic waste in December 1997 when it sold the ferry Knuds Hoved for scrapping in Mumbai, India. The 1960s-built ferry contained asbestos when…

According to dry bulk carrier owners association Intercargo there were 19 bulk carriers lost in 1998 - the highest total since 1991, and up from 12 in 1997. Eight were Actual Total…

Samsung Heavy Industries says sales this year will reach $3.1 billion (shipbuilding accounts for 71 per cent) and net profits will almost double to $130 million. The company is pointing to a…

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…

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…

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…