europe

Shipbuilding Prices Firm Up

International shipbuilders enjoyed a healthy year, with the main contributors being tankers and container vessels. Following upon these ordering activities. R.S. Platou saw shipbuilding prices firming up from the bottom level the previous year. Price

 

The Year of Little Change

Despite the generally strong economic recovery in Asia, there was little change in freight rates in the Dry Bulk market segment. The year 1999 turned out to be much the same of 1998 where average freight rates are concerned, as the yearly average

Versatile Semi-Trailers Are Handled By Fork Lifts —Literature Available

Lift-Loaders are a unique family of fork-lift t r u c k operated semi-trailers. They are engaged by a fork lift in a matter of seconds and become very maneuverable truck-trailer combinations. Each Lift-Loader can be used as a conventional trailer or as a self-loading and unloading trailer.

Newport News Shipbuilding: A City Within A Shipyard

For more than 100 years Newport News Shipbuilding has held the distinction as one of the largest shipyards in the Western Hemisphere. The 550-acre facility, which is situated on a two-mile stretch along the James River in Newport News, Va., is best described as "a city within a shipyard.

World Industry Drives Freight Rates Up

In 2000, freight rates turned out at a significantly higher level than during the previous year. On an average basis, tripcharter rates for Capesizes (150,000 dwt) more than doubled to $17,600/day, while rates for modern Panamaxes increased from $7,500 to $11,100/day.

Crescent Tankships Orders Product Tankers

Crescent Tankships, part of the U.K. shipping group Crescent, has ordered two innovative 3,500 dwt chemical and oil tankers from the Rousse Shipyard, Bulgaria. The order, accompanied by a series of options, follows the acquisition by Crescent of Camilla,

Onstream Project To Optimize FPSO Design

Noble Denton Europe Ltd. (NDE) was last month set to launch a new joint industry project aiming to improve FPSO design in order to optimize system safety and reliability, which will in turn lower operating costs and capital requirement. The study

 
 
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