The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth, reports the South China Morning Post (SCMP), citing Xinhua. The sector faced "unprecedented, severe challenges" as a lack of new orders, owing to weakness in the global shipping market, had exacerbated overcapacity in the industry, Xinhua reported, citing a government document. The sector is among those - including iron and steel, cement, electrolytic aluminium and flat glass - that must accelerate the phasing out of overcapacity, according to a July 24 statement from the Ministry of Industry and Information Technology, cited by SCMP. Under the government's current five-year economic plan, which runs to 2015, targets for the sector include upgrading shipbuilding standards and developing higher-value-added products. Source: South China Morning Post
Gulfstream Services, Inc. (GSI) names Billy Marcel as Manager of Global Operations – Decommissioning Services Division. US-based Gulfstream Services, Inc. is a global corporation focused on developing high pressure equipment solutions for the international oil and gas industry. GSI has four divisions – rental tools, wireline, cementing assembly and decommissioning – in four strategic oil and gas hubs.
Dubai Maritime City (DMC), the world’s first purpose-built maritime centre, announced that ship repair and maintenance company Goltens carried out a ground breaking ceremony of its new office and workshop facility in DMC. The company has launched its business in the city, and laid the foundation stone for the construction of facilities dedicated to building and repairing ships. Goltens, which has a strong presence in the Middle East and across 21 locations around the globe
Trelleborg, manufacturers of products to seal and protect industrial structures in harsh environments report good performance at AGM Approximately 700 shareholders attended Trelleborg’s recent Annual General Meeting in Trelleborg . The theme of CEO Peter Nilsson’s address was “A continuously evolving Trelleborg”. “2011 was the best year so far for Trelleborg. We achieved our financial goals and strengthened our finances
“The new R5 AIS products from Saab are the first to incorporate software-defined radio (SDR) transceivers together with newly developed high-speed analog-to-digital converters in a type approved Class A system,” says Stefan Karlsson, Vice President Sales and Marketing, Saab TransponderTech. “The result is a dramatic improvement in receiver sensitivity, stability and signal processing compared to our already exceptional R4 platform.”
ConocoPhillips and Bechtel Corp. have agreed to renew their collaboration of pursuing worldwide liquefied natural gas (LNG) projects. The collaboration will build upon the recent success of ConocoPhillips as a major owner and participant in the worldwide LNG industry, and Bechtel's recent awards in the engineering and construction of major projects in Trinidad and Egypt. "The ConocoPhillips-Bechtel collaboration continues our commitment to providing our LNG technology while leveraging our
Market opportunities are there for high-definition, 3D imaging sonar, Northstar Electronics tells shareholders, updates Echotec LOI Northstar Electronics, Inc. which previously signed a Letter of Intent to acquire Echotec Sonar Corp., is announcing revenue opportunities within the sonar marketplace, along with an update to the LOI. As previously announced, Echotec Sonar is developing High Definition Sonar (HDS) systems which are capable of 3-D imaging for the military
Videotel and the MTNB join forces to promote good practice in on board training and to simplify the training minefield. Every industry has its training needs. However the unique operating environment within the maritime sector, particularly on board a vessel, means that new recruits can be faced with a daunting array of training requirements and options. The Merchant Navy Training Board (MNTB) has responded to this
Rising energy demand from Asia Pacific countries is a key factor driving the growth in regional offshore oil and gas exploration and production (E&P) activities. In response to this, The Royal Norwegian Embassy in Singapore, Innovation Norway in alliance with DNV and Norwegian Business Association (Singapore) is staging the Asia Offshore Technology Conference in Singapore. The conference will examine and draw practical conclusions about ‘The Challenges of Offshore E&P in Asia
Alcoa awarded $2.1 million USN contract to develop welding technology Alcoa has been awarded a U.S. Navy $2.1 million contract to develop advanced welding techniques designed to reduce manufacturing costs on aluminum-intensive ships. Under the program, developed through a collaboration by Alcoa’s Government Affairs team and researchers at the Alcoa Technical Center in New Kensington, PA
GEIMS Maritime Training accorded highest grade from DGS Great Eastern Institute of Maritime Studies (GEIMS) is now the first approved maritime training Institution in India to achieve the 'outstanding (A1)' grade. The top grading achieved by GEIMS is for all the three approved pre-sea courses
In commemoration of Earth Day, Cruise Lines International Association (CLIA) today highlighted the extensive efforts of the cruise industry and CLIA member lines to preserve and protect the environment. “CLIA member cruise lines continue to invest in systems and technologies
IMO decision to move forward with Tier III rules underscores MAN view that pushing technology readiness is right thing to do “We are ready for IMO Tier III”, said Dr. Stephan Timmermann, MAN Diesel & Turbo Executive Board Member responsible for Marine Systems and After Sales
International Container Terminal Services Inc. (ICTSI) is considered one of the biggest risk takers amongst global container terminal operators. Drewry Maritime Equity Research (DMER) believes that the company is now showing signs of better risk management that will assist in its long term
A sensor is a device that measures some kind of input from the physical world. On complicated technical systems such as vessels, there is an enormous amount of different sensors. The number of sensors will surely grow as the size and cost of sensors continuously decrease
Japan imported record volumes of liquefied natural gas (LNG) and thermal coal in the fiscal year ended in March, as the country's shutdowns of nuclear stations since the Fukushima disaster in 2011 forced utilities to burn more fossil fuels to generate power.
The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea (PNG) - when a wrangle over terms is solved. Beyond PNG, in international waters
Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be designed by Havyard Design and Solutions in Fosnavaag & will be constructed at Havyard Ship Technology`s yard in Leirvik in Sogn
China's capital has ordered more than 50 companies to shut down this year in an effort to cut pollution but pushing factories out could raise objections in surrounding areas reluctant to host Beijing's polluters. Smog-shrouded Beijing and the surrounding province
KVH Industries entered into a strategic partnership with Geodetics Inc., a leader in the development of real-time, high-precision position and navigation solutions. The goal is to provide high performance positioning and navigation products for commercial applications requiring high levels
Following on from the continued success of the product, Marine Armor System (MAS) announced its global launch and updated website. MAS is a nonlethal vessel protection system based on ballistic blinds, protecting the vessel or rig against pirate attacks and other potential threats such as armed
The White House yesterday awarded three NOAA scientists with Presidential Early Career Awards for Scientists and Engineers. The award is the highest honor given by the federal government to outstanding scientists and engineers in the early stages of their careers.
For their strong commitment to leadership, strategic management, performance analysis and continuous improvement, Liebherr Mining Equipment Newport News Co. has been awarded the 2014 Award for Excellence by the Balanced Scorecard Institute (BSI)
Rolls-Royce has been awarded a £19m contract to deliver deck machinery for four ocean going tugs, designed by Ulstein Design & Solutions, for Dutch company ALP Maritime Services. The vessels will be constructed in Japan by Niigata Shipbuilding & Repair.
“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc., (Nasdaq: KVHI) is pleased to announce that its 2013 film “The Human Element” has been