IZAR Enters Fast Ship Project
The U.S. based Fastship initiative received a boost with the addition of Spain's IZAR to its team. Fastship.
which for years has been trying to bring from drawing board to the waterways its innovative - door-to-door from the U.S.
to Europe - maritime cargo transport project, signed an agreement for IZAR to conduct a feasibility study of the ships and their construction. The project would link both continents by means of a high speed ship line running from Philadelphia to Cherbourg, able to deliver the cargo to its destination in the same time than air transport at a sensibly lower cost - up to 50 percent cheaper, the company claims. The project will undergo an intense analysis, with IZAR exclusively in charge of revising the design to optimize technology, a phase expected to be completed in December.
Once the concept has been verified, IZAR will be in charge of the construction of the ships. The current plan call for. during the first phase, for IZAR to build a series of three or four 265-m. 40- knot containerships, each propelled by Rolls Royce gas turbines. The plan is a ship able to travel from Philadelphia to Cherbourg in an average 92 hours.
Signficant reductions in cargo handling times and in official customs procedures will also be acheived.
Fastship and its strategical partners in the project: BP Marine. Cargolux, Cherbourg Port, CDC IXIS. CP Ships, Greenwich Terminals. International Development Projects. JP Morgan, Lockheed Martin Corporation, Rolls Royce. TTS Marine, as well as IZAR.
are jointly working in the setting-up and development of a financial package for the total coverage of the project, including the port terminals and the construction of the ships.
Other stories from November 2003 issue
- EU Single-Hull Phase-Out Elicits I MO Scorn page: 10
- Costa Victoria in for a Facelift page: 11
- Sustainable Growth for Liner Shipping page: 11
- World's Biggest LNG Carrier Due in 2005 page: 12
- Shipbreaking in the Spotlight at ILO page: 14
- Signet Martime Inks Garrett Contract page: 16
- IZAR Enters Fast Ship Project page: 17
- TEN Signs Time Charter for Aframax Olympia page: 17
- Cruise Port Expenditure to Reach $300M page: 18
- At Sea with U.S. Maritime Security page: 20
- NY Navigation Channels: The Really Big Dig page: 25
- Kvichak Delivers for NY page: 28
- Vosta LMG signs U.S. contract for 18" Cutter Suction Dredge design page: 28
- Senesco Marine Christens New Drydock page: 29
- Workboat Annual 2003 • Great Boats of 2003 page: 30
- Natter Passes Command of Atlantic Fleet page: 41
- Introducing Lean Shipbuilding to U.S. Yards page: 42
- IBM PLM Offers New Shipbuilding Solutions page: 46
- Cosco Dalian Leads China Ship Repair Business page: 50
- China: Growing Influence in All Matters Maritime page: 52
- L'Orange at Marintec China 2003 page: 56
- Shiport China 2004: Set in Tune with the Shipbuilding Industry page: 57
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- New Potency in Electronic Control page: 68
- Research as the Building Block page: 70
- Knowledge Interchange page: 71
- Surface-Protection Symposium Set for Liibeck page: 78
- Xybernaut Gets Patent for Detecting Corrosion on Maritime Vessels page: 79
- LCS Hull Concept Tests Move Ahead page: 80
- Hypertherm Enters Laser Cutting Market page: 81
- E-Ship: The Paperless Trail page: 82
- Cradle Tweendecks Patent for Langh Ship page: 86
- Optimizing Feed Rates For Crosshead Diesels page: 88
- Benjamin Vickers: 175 Years & Counting page: 89
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- Clean Seal Celebrates 25 Years page: 91
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- KMY Helps Breaks the Ice in Russia page: 97
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