Author: Importer

The weakened won has given boosted Korean yards` profits and competitiveness. Nobody could fail to notice the dramatic fall in the value of the Korean won: from 900 to $1 in autumn…

Union of companies heralds a trend as ISM Code and poor trading bites. At the end of October two well-established names in ship management - V Ships and Celtic Marine - merged.…

Thrusters are being specified as auxiliary propulsors and main propulsors on vessels of all types. The attributes of efficiency and low noise levels provided by thrusters are increasingly in demand for many…

Two new-look icebreakers offering towingand firefighting capabilities are soon to be put through their paces in the northern Caspian Sea. While cruiseand passenger ships continue to be the mainstay of newbuilding business…

Hyundai Heavy Industries enhanced its reputation within the VLCC tanker sector with the delivery of Front Century to Frontline in July. The 311,000 dwt vessel is the first of a series of…

Lars-Ola Olsson and Jan Wettergård of Munters Euroform explain how the Humid Air Motor aims to decrease emissions. As tougher marine environmental requirements are sought, the focus is increasingly on diesel engines…

The OECD is to examine the creation of new legislation covering the EU, Japan, South Korea and Norway. By drawing up a simple document with the existing shipbuilding bill appended, the four…

The 42nd session of the MEPC has approved a study of greenhouse gas emissions from merchant shipping. A preliminary report expected for the next MEPC meeting in spring 1999. The study will…

Kvaerner has issued a profit warning to its shareholders about the third quarter earnings and reviewed the performance of its various divisions ahead of the arrival of a new chief executive, Kjell…

VLCC deal for HHI Concordia Maritime, part of the Swedish Stena Group, has taken the decision to increase its fleet with a possible eight newbuildings. The Swedish tanker operator has signed a…