Anger over subsidies

Article Abstract:

The Danish Shipbuilders Assn. (DSA) has filed a complaint with the European Court questioning the legality of the European Commission's decision to grant a $330 million subsidy to Germany's MTW. The DSA contends that the subsidy was made outside the frame of European Union directives, that it is beyond the maximum allowed by law and that MTW is ineligible to receive such a subsidy. Analysts believe that a decision in favor of the DSA will have important implications for the German shipyard.

Regulation and Administration of Transportation Programs, Water Transport Subsidies, Cases, European Union. European Commission, Marine transportation, Subsidies, Shipbuilding subsidies

---

Turning a new page

Article Abstract:

P&O Cruises Ltd's announcement of letters of intent for five new ships carries major implications for the future of the European shipbuilding industry. This is because two of the orders have been awarded to Mitsubishi Heavy Industries Ltd, which has given the Japanese shipyard a golden opportunity to prove itself as a builder of high value cruise ships. P&O cited the lack of price flexibility and berth availability with the European shipyards.

Freight Transportation, Water Transportation, Freight transportation industry, Contracts, Shipping industry, P&O Cruises, Shipbuilding industry, Mitsubishi Heavy Industries Ltd.

---

Computers seen as the way ahead

Article Abstract:

Hitachi, Sumitomo and Mitsubishi face the challenge of automating their shipyards in a bid to compete with Koreans. Hitachi is currently operating under a Hicadic system, Sumitomo with Sumire and Mitsubishi with MATES or Mitsubishi Advanced Total Engineering for Ships. These generic software, which are an integration of internal programming and CAD/CAM, can do in-line automatic welding, functional design and production planning.

Prepackaged software, Technology application, Computer aided design, Hitachi Ltd., Applications software, Mitsubishi Corp., Sumitomo Corp., Shipbuilding, Shipyards

Similar abstracts:

• Abstracts: A high-speed case for steel and diesels. Leading the way in fast freighters. Lightweight steel alternative success
• Abstracts: Enhancing propeller performance. Common rules require more thought. Vortex generator solves prop vibration problems
• Abstracts: Flying on foils. Getting the maximum result
• Abstracts: One-stop shop for skiers. Hands-on strategy is a success
• Abstracts: China aims higher. Versatility is the key. Winning ways

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.