Imtech Wins Orders Worth $21M
Imtech N.V., technical service provider in Europe, has won orders worth $21 million to develop and build new technology for diesel-electric propulsion. The Imtech Marine & Offshore Division obtained the orders. transport ship for the Royal Netherlands Navy. rudder. fuel consumption compared with conventional screw propulsion. expensive to build. with this high-quality technology. technical infrastructure of this ship. Menas of Bahrain. security and inspection tasks. by F.T. Everard & Sons Ltd.
Profitability Of Bulk Shipping Dependent On Safety
Bulk shipping has been under the international microscope of late, with spectacular structural failures resulting in sudden loss of lives and ships, vexing designers, builders and owners alike as to the solution to structural and operational problems. Last week industry experts discussed another matter near and dear to bulk shipper's hearts, the future profitability of the depressed bulk shipping business. The overriding message: bulk shipping profitability is inextricably linked to safety and environmental controls. Removing poor quality operators through strict enforcement of international regulations could reduce the capacity oversupply that has caused low freight rates in the tanker and bulk shipping sectors, they said at a London Conference organized by the City University.
