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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


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


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


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.


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


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


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


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


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


Cabela's Names Navico Vendor of the Year

Marine Electronics Leader Honored for Innovation and Strategic Partnership for the Second Year in a Row In the General Outdoors Division

  Navico, the world’s largest manufacturer of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands — has been named Cabela’s® 2014 Vendor of the Year for the General Outdoors Division.


Shipping Industry Faces Major Dilemma on BWM

Ballast water management. Picture by DNV GL

 The Round Table (RT) of International Shipping Organisations (comprising BIMCO, the International Chamber of Shipping, Intercargo and INTERTANKO) is deeply concerned if the international convention to regulate ships’ ballast water comes into force in the near future without a realistic


Martek Launches On-board ECDIS Training

U.K.-based ECDIS manufacturer Martek Marine Ltd. has partnered with German ECDIS training supplier Safebridge GmbH and the ECDIS Training Consortium to deliver ‘Type Specific’ ECDIS training for crew members on-board vessels without internet access


Willard Adds Sales Manager for Gulf Coast, Florida

Jimmy Sorenson (Photo: Willard Marine)

Willard Marine, Inc. has hired Jimmy Sorenson as regional sales manager for the Gulf Coast and Florida.   Sorenson served 11 years with the U.S. Coast Guard in many roles including machinery technician and maritime law enforcement instructor, and earned the boat coxswain certification


Gauthiers’ Announces Modex Merger

Gauthiers’ announced the acquisition of an equity share of Modex, an international manufacturer of DNV-certified offshore equipment. As part of the transaction, Gauthiers’ will merge its operations with Modex to create the world’s third-largest offshore container company


Hybrid Power for Workboats: The Future is Now

Deep Blue Hybrid by Torqeedo is a fully integrated scalable system, offering hybrid propulsion and providing complete onboard energy management.

Hybrid marine power and propulsion systems for workboats isn’t farfetched. In fact, it may be essential.   In 2015, two significant developments are going to make many operators, owners and builders of professional vessels consider hybrid marine power


Willard to Present at High Speed Boat Operations Forum

Bobby Beck (Photo: Willard Marine)

Willard Marine, a manufacturer of aluminum and fiberglass commercial and military boats, will present at the High Speed Boat Operations (HSBO) Forum in Lisbon, Portugal from May 4-6.   The HSBO Forum, gathers professionals from around the world to discuss new development, research


Shipping Industry Faces Major Dilemma on BWM

Sustainable BWM

  The Round Table (RT) of International Shipping Organisations (comprising BIMCO, the International Chamber of Shipping, Intercargo and INTERTANKO) is deeply concerned if the international convention to regulate ships’ ballast water comes into force in the near future without a


Shipping Industry Faces Ballast Water Dilemma

The Round Table (RT) of International Shipping Organizations (comprising BIMCO, the International Chamber of Shipping, Intercargo and INTERTANKO) said it is concerned if the international convention to regulate ships’ ballast water comes into force in the near future without a realistic


JSMEA Offers Access to Japan’s Offshore Suppliers

JSMEA website.jpg

New website and brochure provide a comprehensive list of Japanese suppliers to the offshore industry   The Japan Ship Machinery and Equipment Association (JSMEA) has compiled a list of Japanese-made ship machinery and equipment products for offshore units


HEM takeover Makes Cathelco Water Treatment Leader

The company entered into the desalinator market after the acquisition of Seafresh Desalinators in 2010.

  Cathelco, the world leading manufacturers of equipment for ships, have acquired Hydro-Electrique Marine (HEM) the French specialists in desalinators and water treatment systems. The acquisition will make Cathelco one of the largest producers of shipboard water treatment systems in


Beier Radio Celebrates 70th Anniversary

Frank L. Beier, circa 1938 (Photo: Beier Radio)

Beier Radio, Inc. marks 70-years of providing engineering, sales and service for marine electronics around the globe. During its 70 years in business, Beier Radio has grown from being one of the first marine electronics distributors in the southern United States to a leader in integrated vessel


Tank Coating for Navig8 Chem Carriers

AkzoNobel

Shipowner Navig8 is progressing the application of Interline9001, a advanced cargo tank coating from AkzoNobel’s International marine product range, on a series of 18 chemical tankers currently under construction at Hyundai Mipo Dockyard, South Korea


Rolls-Royce to Sell Michell Bearing Business

Michell Bearings are now part of a grouping of world-renowned businesses within Rolls-Royce Power Engineering plc.

  Rolls-Royce has today confirmed its intention to sell its Michell Bearings business to British Engines Limited for a cash consideration of £12.6m. Subject to licence consents, the sale will be completed in the autumn.   Michell Bearings has been part of the Rolls-Royce Marine


ABB's New Azipod Thruster

ABB

ABB has released details on its latest generation Azipod thruster, a unit which ranges in power from 1.6 megawatts to 7 megawatts (MW) and is intended to serve a growing electric propulsion market. (According to Clarkson’s Research, the number of vessels with electric propulsion has been






 
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