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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


Two Bites of an Apple Disallowed

In an unpublished decision, the U.S. Court of Appeals for the Fifth Circuit ruled that a plaintiff may not bring separate actions against different parties based on the same nucleus of operative facts. In the instant case, plaintiff was injured when thrown from a boat. He sued the manufacturer of the outboard motor, the manufacturer of the boat, the retailer of the boat and motor, the boat owner/operator, and the insurance company of the owner/operator


Evans Cooling Systems Announces New Warranty

EVANSLOGOPERFECT.jpg

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


Naiad Launches Electric-powered Fin Stabilization Systems

Photo: Naiad Dynamics

Naiad Dynamics, an international manufacturer of ship motion control technologies, has introduced the first products in its new line of electric-powered stabilizer systems designed for use on ships operating both AtSpeed and AtRest. “These new stabilizers are a modern refinement of


Volvo Penta Debuts New Marine Engines

Image: Volvo Penta

Volvo Penta today introduced the first two models of its next-generation sterndrive marine gasoline engines. The new 4.3-liter catalyzed V6 engines, rated at 200 and 240 horsepower, will supplement Volvo Penta’s current V6 product line


TransAtlantic Scrubber for SECA 2015

Sulphur Emission Control Areas

  TransAtlantic and Stora Enso have signed and started the installation of the first order of a new innovative scrubber that washes out sulphur oxides from ship exhaust gases in a totally closed loop. It has taken years to find a solution that is able to coop with the fresh water and ice


Panama Canal Delegates Meet with Japanese Customers

Photo: ACP

A Panama Canal delegation headed by Administrator Jorge L. Quijano visited Japan to hold discussions with the Japan Shipowners’ Association (JSA) and the major Japanese shipping lines, as well as end customers such as Japanese car manufacturers and energy sector companies.


ISP to Supply New Rescue Boat

ISP commercial director Geoff Billington (left) ISP managing director John Rogers (right)

Bootle-based maritime firm International Safety Products (ISP) is set to become one of the world’s only major suppliers of a new rescue boat. The Liverpool City Region business - which is one of the largest manufacturers of inflatable marine lifejackets - supplies a range of maritime


Parker Kittiwake Doubles Emissions Analyzer Production

Procal Analyzer

Procal revenue doubles following investment in manufacturing and delivery of emissions analyzers ahead of January 2015 deadline Parker Kittiwake, part of the Parker Hannifin Corporation and the supplier of Continuous Emissions Monitoring Systems (CEMS) for marine applications


Marine Coatings Market Worth $10.4b by 2019

The research report, "Marine Coatings Market by Type (Anti-corrosive, Anti-fouling, and Others), and based on Chemistry (Epoxy, Polyurethane, and Others) - Global Trends & Forecasts to 2019", published by MarketsandMarkets, defines and segments the marine coatings market with an


TE Connectivity Debuts INSTALITE Boots

TE Connectivity (TE) announced its new INSTALITE Molded Boots that are up to 30 percent lighter than TE standard -25 boots. These high-performance heat-shrink boots have been designed for applications in military ground systems, aerospace and marine


OSV 'Test Lab' Targets Safety and Efficiency Gains

The Viking Lady operates in the North Sea and is a full-scale test laboratory (Photo courtesy of DNV GL)

At the Greener Shipping Summit – Ships of the Future conference held in Athens yesterday, Dr. Nikolaos Kakalis, Head of DNV GL Strategic Research & Innovation in Greece, showed how the Viking Lady, an offshore supply vessel (OSV) in daily operation in the North Sea and full-scale test


VULKAN Couplings Debuts New Products

TDS Plafrix

At the SMM 2014 in Hamburg, Vulkan Couplings presented two new products: the TDS Plafrix, a shifting clutch and flexible coupling combination, tailored to the use of harbor tugs in particular, and The Vulkardan GBF, a coupling for generator applications featuring a solution for the so-called


Wärtsilä’s New CPP System

648303 (Eric Haun).jpg

At SMM Wärtsilä introduced its latest development of large Controllable Pitch (CP) Propellers, based on the previously known E-hub type. The new Wärtsilä CP propeller system addresses the demands of medium and large size vessel owners


American Sensor Technologies Achieves ATEX Certification

ATEX-Approval-43&46 Series

  American Sensor Technologies, Inc. (AST) has achieved ATEX certification of its Explosion Proof Pressure Transmitters for Class I Zone 0 Exd hazardous locations. The added approvals enhance the ability for equipment manufacturers to specify AST pressure transducers as the sensors can now


Australian PM Holding Talks on Sub Purchase

Australian Prime Minister Tony Abbott

  Australia is holding talks with a number of countries on a contract to build replacements for Australia's aging submarine fleet, Prime Minister Tony Abbott said on Sunday at the G20 leaders Summit in Brisbane. Japan has been seen as the front-runner to sell Australia as many as 12


Willard Marine to Develop SOLAS FRBs for NOAA

Willard Marines 670 SOLAS rescue boat (Photo courtesy of Willard Marine)

Willard Marine, Inc. has been awarded contracts to develop two new sizes of Safety of Life At Sea (SOLAS) Fast Rescue Boats (FRBs) for the National Oceanic and Atmospheric Association (NOAA). An inboard-powered 5.9-meter SOLAS rescue boat with waterjet propulsion will be built for the NOAA


Newbuild Chemical Tanker Employs Innovative Tank Design

The 12,500MT Sunrise Hope is the worlds first chemical tanker to use a combination of duplex stainless steel and stainless clad steel in the construction of its cargo tanks.

The world's first chemical tanker to use a combination of duplex stainless steel and stainless clad steel in the construction of its cargo tanks was delivered to Oita-based Hiro Naviera S.A. November 15, 2014 by Usuki Shipyard Co., Ltd., Japanese classification society ClassNK reported.






 
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