Luxury Yachts: Design Takes a New Track
Simutech Solution Corp. While it’s widely recognized that HTC smartphones, Garmin GPS devices and a sweeping array of big-brand laptops are staples of the Made in Taiwan effort, it’s a lesser-known fact that luxury yachts (those measuring 80 - 120 ft. are a booming business in Taiwan. Producing high-quality boats at comparatively low prices, Taiwan’s luxury yacht industry reached a peak in 1987, exporting 1,755 vessels for an export value of more than $190m. However, rising labor costs and the appreciation of the Taiwanese dollar took its toll over the years…
New Tube and Pipe Weld Purge Systems
Having been manufacturing Tube and Pipe Weld Purging Systems since 1975 Huntingdon Fusion Techniques (HFT) said it has evolved the science of Weld Purging to new levels. Along with other recently announced scientific developments in its Weld Purge Monitor series, the Company has now reached the Fifth version of its Tube and Pipe Weld Purge System designs by launching the new PurgElite range of Tube and Pipe Weld Purging systems for diameters from 1” to 24” diameter inclusive.
Chinese Oilfield Technology Group in Dire Straits
The Board of Directors of China Oilfield Technology Services Group Limited & its subsidiaries, issues financial update & a warning. The Group expects challenging market conditions to continue in the next financial year and the foreseeable future. To reduce its reliance on the PRC oilfields market, the Group will continue its efforts to develop the overseas market. However, the development of the Group’s overseas business will require time. Moreover, the slowdown in the global economy, the European debt crisis and the general uncertainties in the energy industry have contributed to the challenges faced by the Group. Although the manufacturing cost of the submersible linear oil pumping units developed by the Group has decreased recently…
Safer Navigation with International Standards for Electronic Systems
Carrying an estimated 90% of world trade and billions of passengers every year, international shipping represents the life blood of the global economy. Safety, always a major concern for seafarers, has made huge advances in the last century. However, the massive increase in traffic in recent decades requires, among other things, new or better global communication and navigation solutions resting on internationally-agreed standards to maintain and improve safety levels. Shipping was among the very first industries to adopt widely implemented international safety standards.
