Owners await outcome

Article Abstract:

South Korea's financial crisis and the dramatic decline of the value of the won against the US dollar have left the nation's shipping industry with tow major issues. These are a massive increase in the cost of borrowing and an increased imbalance between export and import volumes. Any foreign currency debt incurred by owners for capital investments in new ships could require crippling debt payments. Shipowners are also having considerably difficulty getting cargoes for eastbound voyages because of an import slump. It appears that all they can do is weather the financial trouble and await its outcome.

Freight Transportation, South Korea, Freight transportation industry

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Delivery conversion

Article Abstract:

MacGregor from Lars-Goran Jansson was responsible for the conversion of the Stena Adventurer, a ferry from Hyundai Heavy Industries in Korea. This conversion is to facilitate cargo handling in Holyhead and Dublin with simultaneous two-tier loading and unloading.

United States, Management dynamics, Executive changes & profiles, Water Transportation Services, Support Activities for Water Transportation, Officials and employees, Company business management, Cargo handling

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Foiling seasickness

Article Abstract:

Issues concerning ride control systems for fast ferries are discussed. In particular T-foil designs and their application to ferry use in rough seas with respect to passenger comfort are examined.

Design and construction, Ferries

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