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Korea Shipbuilders Take Firmer Stance on Business Ethics

SHI shipyard: Image courtesy of the shipbuilder

Korea’s big three shipbuilders are committed to making a fresh start with regard to business ethics in 2014 after getting hit with bribery scandals in 2013, reports the Korea Joong Ang Daily.   According to the Korea Joong Ang Daily,  Hyundai Heavy Industries, the nation’s largest ship manufacturer, held an “ethics management resolution” event recently at its headquarters in Ulsan during a management strategy seminar. HHI Chairman Lee Jae-sung and more than 150 high-ranking executives, including CEOs from affiliates, signed a pledge to pursue ethical management. The Ulsan District Prosecutors’ Office announced it detained twelve former employees of HHI for taking bribes from suppliers, while three employees of HHI suppliers were also arrested. They believed that the HHI employees received about 3.6 billion won ($3.3 million) from suppliers since 2007. Some employees received bribes through family members’ bank accounts and even through the account of a bar waitress. Korea's Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries have also taken measures to prevent bribery and corruption add the newspaper. Source: Korea Joong Ang Daily


Black Sea Sees Shipbuilding Boom

According to Today's Zahman, Black Sea sees shipbuilding boom, Mediterranean springs a leak More than 90 percent of world trade is conducted through sea shipping, making shipbuilding one of the fastest growing industries in the recent boom in global trade, which has grown on average by more than 5 percent annually. As a natural consequence of Turkey being a peninsula located at a strategically central position close to many wealthy European markets


Generator Manufacturer Installing puraDYN Systems

puraDYN Filter Technologies Inc. announced that one of the largest manufacturers of medium-size power generators (gen-sets) in the world has elected to install puraDYN® systems on their worldwide production of generators. Shipments to this manufacturer in 2002 have exceeded $350,000. Kevin G. Kroger, puraDYN's President and COO, said, “This recent decision to install our systems came after extensive testing which proved that the puraDYN helped this manufacturer safely extend the oil


Korean Shipbuilder Considers Project in Khanh Hoa

A South Korean ship manufacturer is mulling a project to develop a large-scale shipyard in the coastal central province of Khanh Hoa that should be able to build giant vessels of up to 400,000 DWT, a local official said. A source from the provincial Service of Planning and Investment said South Korea’s STX Shipbuilding Co., a member of STX Group, has proposed to develop a shipyard costing $500m at Van Phong Bay. The proposal has received preliminary support from the provincial


Chemline Announces New Marketing Manager

Chemline Incorporated announces the appointment of John Henningsen as Brand Marketing Manager for the industrial coating and resin manufacturer. He will oversee the day-to-day operation of the company's strategic and tactical marketing programs, web site development, public relations and international product expansion. Over the past 15 years, John has worked for several advertising agencies, as well as coating manufacturers such as Futura Coatings, Specialty Products and Volatile Free


Navionics Introduces Larger XL Charts

Navionics, a manufacturer of marine electronic charts, announced the relesase of an entirely new productline, called the XL charts, which consists of larger charts at reduced prices. The new XL charts typically have three times the coverage at a third less the price, compared to the previous product. Navionics charts are used in many popular chart plotters from prominent instrument manufacturers like Furuno, Lowrance, Northstar, Raymarine, Raymarine and others.


Germanischer Lloyd Publishes New Rules for Materials

The revised and expanded Rules for Materials and Components of Germanischer Lloyd are now available. The Rules define the properties of various metallic materials and lay down the requirements for the production processes and the manufacturers. The prerequisites and conditions for the corresponding approvals are also stipulated. For the manufacturers and suppliers of materials and components intended for use on GL-classed ships, the Rules of Germanischer Lloyd form an essential prerequisite


Evans Cooling Systems Announces New Warranty

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Evans Cooling Systems, the developer of the world’s only waterless engine coolant, has released its new Limited Warranty Statement.  Evans is confident in its products and stands behind every gallon of coolant it sells. Using Evans waterless coolants will not affect the manufacturer’s warranty. Limited Warranty If you install Evans Waterless Coolants in accordance with the appropriate instructions, and engine damage occurs


MHI Licenses Steering Gear and Deck Machinery to Jiangsu Masada

MHI deck machinery (Photo: MHI).

Tokyo - Mitsubishi Heavy Industries Ltd. (MHI) has signed an agreement with Jiangsu Masada Heavy Industries Co Ltd., in Jiangsu Province, China, under which MHI is to license production and marketing of steering gears and deck machinery, based on company technology to Jiangsu Masada. Previously, in 2008, MHI licensed deck crane technology to Jiangsu Masada - then known as Nantong Masada Ship Machinery Co. Ltd. With the latest licensing agreement


INTERSCHALT VDR Earns CCS Certification

Image: INTERSCHALT

INTERSCHALT maritime systems AG, the provider of maritime software, services and systems for navigation and communications systems (NavCom) and manufacturer of Voyage Data Recorder (VDR) systems, announced that its new generation VDR G4[e] has been type approved by the China Classification Society (CCS), effective July 1, 2015.   By granting the type approval, CCS certifies that the VDR G4[e] complies with the international regulations and performance standards of IMO Resolution MSC


Metalcraft Celebrates its 50th Anniversary

Ernie Ellis (Photo: Metalcraft)

Metalcraft, a designer and manufacturer of fire detection and suppression equipment, is celebrating its 50th anniversary. The company serves a broad range of industries, including marine, auto racing, defense and aerospace, where its extinguishers have flown on numerous NASA missions.  


Thordon Bearings Names New China Distributor

Photo: Thordon Bearings

Thordon Bearings Inc. of Canada announced that CY Engineering Co. Ltd. will take over as the new authorized distributor for the People’s Republic of China, including Macau and Hong Kong, effective August 28, 2015. With this agreement, CY Engineering becomes Thordon’s stocking


The Hour of Power

65 meter Offshore Supply Vessel with hybrid propulsion system for the Italian Coastguard. (Image credit Siemens AG)

Hybrid Marine Technology and Green Ports In 2015 two significant developments are going to make many operators, owners and builders of professional vessels consider hybrid marine power. First, the new emissions laws in ports and second, there is now an incentive for high technology manufacturers


Repair a Broken Pipe in Less than 60 Seconds

Rapid Repair Clamp (Image: World Wide Metric)

New pipe repair system developed to minimize downtime and maintenance costs while helping to protect crew and assets New from World Wide Metric is the Rapid Repair Clamp, a tool that helps swiftly repair pipe leaks or bursts to prevent costly damages in an emergency situation.


World Shipping Hit by Slump in Global Trade

Image: Maersk Line

 Dashing hopes of a quick recovery from the global trade recession earlier this year, world shipping has fallen into a deep slump over the late summer, says a report in the Telegraph.   Commodity turmoil could blow the shipping industry off course.  


Dometic to Launch Watermaker at IBEX

Dometic Marine, a division of Dometic Group, a global provider of leisure products for the marine, truck, RV and automotive markets, announced it will showcase its new XTC-ZTC Double-Pass Watermaker at the International Boatbuilders’ Exhibition and Conference (IBEX), Sept


Northern Finland Leads in Wind Energy Usage

Wind Energy in Finland

  Wind power in the northern regions of Finland is developing most rapidly than other parts of the c Scandinavia and the Kola Peninsula. According to data collected on a statistical portal Patchwork Barents, regions of Ostrobothnia and Lapland are the undisputed leaders in the production


Interschalt Expands Network in China

Interschalt  maritime systems AG, a provider of maritime software and services for navigation and communication equipment (NavCom), as well as the manufacturer of the Voyage Data Recorder (VDR 4G[e] and S-VDR), has expanded its Asian service network by designating Seven Seas Electronic Co


Renewable Energy Battery Solutions Ready for Ships

FC38-12 Battery (Photo: EMP)

A range of marine battery solutions has received approval for use on-board ships or marine related applications such as offshore platforms and renewable energy projects.   Now available from Eco Marine Power (EMP), a developer of renewable energy solutions for ships


ACR Electronics Introduces New AISLink CB1

ACR AISLink CB1 Class B transceiver (Image: ACR)

Suited for a range of recreational boaters and commercial vessels across the world, the new AISLink CB1 Class B transceiver is introduced by survival gear specialist ACR Electronics, a Drew Marine Company.   ACR’s easy-to-use and reliable Class B Automatic Identification System (AIS)


MN 100: Brunswick Commercial and Government Products

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The Company: Brunswick Commercial & Government Products (BCGP) group has been in the business of building boats for commercial and military applications for more than fifty years. For patrol boat, rescue boat, military boat, research boat, and workboat applications


HSL in Pact with Hyundai to Build Fleet Support Ships?

Image: Hindustan Shipyard Limited

 Hindustan Shipyard Ltd., the largest shipbuilding enterprise under Indian Ministry of Defence, and world’s premier shipbuilder Hyundai Heavy Industries (HHI) are likely to undertake joint construction of self-propelled fleet support ships (FSS) for the Indian Navy


France Negotiating With Egypt over Helo Carriers

Two Mistrals were originally destined for Russia. France is in talks to sell two Mistral helicopter carriers to Egypt after their sale to Russia was cancelled earlier this month, two sources close to the matter said on Wednesday. Cairo has sought to boost its military power in the face of a


Demand Rising for Cyrogenic Valves in Marine Sector

Photo: Bestobell

UK-based manufacturer of cryogenic valves Bestobell Marine said it has seen a major increase in demand for its cryogenic valves from the marine sector in the U.S. This is largely due to the new Emissions Control Areas (ECA) which is increasing the number of dual-fuel vessels being commissioned


Harding Safety Certified as Maritime Training Provider

Photos courtesy of Harding Safety

Manufacturer, service and training provider of Life Saving Appliances (LSA), Harding Safety AS - has been certified by DNV GL as ‘Maritime Training Provider’ according to DNV GL ST-0029. “Harding - Global Training Department delivers effective and efficient training services






 
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