Latest News – Page 1009

  • News

    Finnlines exercises options

    2004-10-26T00:00:00Z

    When Finnlines ordered three ropax newbuildings from Italian shipbuilder Fincantieri back in February this year, the agreement included options for two additional vessels which the Finnish shipping company now has decided to exercise.The original trio will be delivered by summer 2006 and will be the biggest ropax vesselsever built in ...

  • News

    China to build seven tankers

    2004-10-25T00:00:00Z

    China has decided to build seven oil tankers ranging in size from 80,000 to 150,000 DWT to boost the country?s indigenous tanker fleet and make it less dependant on foreign owned tankers. To provide the necessary finance, the government has assigned a sea aviation company, Tehang Yang, to issue bonds ...

  • News

    Vinalines orders from local shipyard

    2004-10-25T00:00:00Z

    The Viet Nam Shipbuilding Industry Corporation?s (Vinashin) Bach Dang Shipyard has signed a contract with the Viet Nam National Shipping Lines (Vinalines) to build four 22,500 DWT dry cargo ships at a cost of $76 million. This is part of a contract signed between Vinashin and Vinalines to build 32 ...

  • News

    Volharding in alliance with Turkish yard

    2004-10-25T00:00:00Z

    A new alliance between Dutch shipbuilder Volharding Shipyard and Um Deniz Sanayi of Turkey has been formed and is further evidence that some shipbuilders are considering strategic partnerships to take advantage of booming markets. The two companies will combine their efforts to build a series of six chemical tankers ? ...

  • News

    Aker lands Swire icebreaker contract

    2004-10-25T00:00:00Z

    Aker Brattvaag, a company in the Aker Yards Group, has signed a contract with Swire Pacific Offshore, Singapore, for the building of three ice-breaking supply vessels at Aker Langsten. The contract is worth approximately $233 million and the vessels are scheduled for delivery in April, July and October 2006.Sigbj?rn Akselvoll, ...

  • News

    Indian coast guard job for Rolls-Royce

    2004-10-25T00:00:00Z

    ABG Shipyard, the largest private yard in India, has selected Rolls-Royce to design and provide equipment for three Indian Coast Guard ships which will prepare it to combat potential environmental crises ? particularly oil spills.The ships, which will feature a range of Rolls-Royce propulsion, steering and motion control equipment, are ...

  • News

    Izar reaches agreement with unions

    2004-10-21T00:00:00Z

    Spanish shipyard workers and employers reached a basic agreement yesterday to save the jobs of 10,700 workers. The future of 10 yards controlled by Izar shipyards, owned by government industrial holding company SEPI, has hung in the balance amid European Union demands that Izar repays 300 million euros ($372.8 million) ...

  • News

    Mipo wins 15 more product carriers

    2004-10-21T00:00:00Z

    Hyundai Mipo Dockyard in South Korea secured orders for 11 product carriers plus four options from three ship owners valued at $550 million. Four 46,000DWT product carriers from National Chemical Carriers in Saudi Arabia, four 47,000DWT and five 37,000DWT product carriers from Gulf Energy Maritime in UAE, and two 37,000DWT ...

  • News

    Boxship quartet for Hanjin

    2004-10-21T00:00:00Z

    Hanjin Heavy Industries picked up an order for four 5,100TEU container ships from Cosco at the total price of $ 280 million. Ship particulars are 294.1m long, 32.2m wide with a depth of 21.6m and a speed of 24.3 knots. Deliveries will take place from second half of 2007 to ...

  • News

    Vinashin expands with Chinese loans

    2004-10-21T00:00:00Z

    Vietnam's largest shipbuilder, Vietnam Shipbuilding Industry Corporation (Vinashin), has obtained preferential loans from China amounting to $99.8 million to construct a large shipyard in the central region. Scheduled to become operational in 2008, the Dung Quat shipyard in the province of Quang Ngai will be able to build seagoing vessels ...

  • News

    Halter launches PCTC

    2004-10-21T00:00:00Z

    V-T Halter Marine has launched a 178 metre vessel designed to transport more than 3,000 vehicles between California and Hawaii. The M-V Jean Anne is the first of its kind to be built in the United States. The ship is owned by Pasha Hawaii Transport Lines, a joint venture between ...

  • News

    Work on Longxue shipyard started

    2004-10-20T00:00:00Z

    Construction work has commenced on the Longxue shipbuilding facility, South China?s largest shipbuilding base. The new shipyard complex will aim to be among the top shipbuilders in the world as well as being the biggest shipyard in South China. According to the plan, the first-phase task is to build two ...

  • News

    Tenders open for Australian Navy shipbuilding contract

    2004-10-20T00:00:00Z

    Australian shipbuilders have been invited to tender for one of the countries? largest defence projects. The Federal Government has advertised for majority Australian-owned companies to construct three air warfare destroyers in a project worth between $4.5 billion and $6 billion. The tenders would remain open for about nine weeks before ...

  • News

    Aker Yards to build two PSV's for Siem Offshore

    2004-10-20T00:00:00Z

    Aker Langsten, a company in the Aker Yards Group, and Siem Offshore Inc have entered into a contract to build two platform supply vessels (PSV's). The value of the newbuilding contract is approximately NOK 250 million ($35 million). "We are very pleased to have Siem Offshore as a new partner ...

  • News

    AIDA Cruises orders two new Club Ships

    2004-10-20T00:00:00Z

    The German cruise operator AIDA Cruises (Rostock/Neu-Isenburg) has placed contracts with Meyer Werft in Papenburg for the construction of two 68,500 gt cruise ships. Delivery of the two newbuildings is scheduled for April 2007 and April 2009 respectively. These contracts will considerably improve the workload situation of the shipyard for ...

  • News

    Ten more for Daewoo

    2004-10-20T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSME), the world's second-largest shipbuilder, has clinched orders worth $1.2 billion for 10 ships from overseas shipping companies. DSME signed a deal with the Swedish car carrier Wallenius Lines for three 8,000 unit car carriers. These will be the largest of their kind. In a ...

  • News

    SES wins component contract for electric thruster motors

    2004-10-20T00:00:00Z

    Scandinavian Electric Systems (SES) has entered a frame agreement with Rolls-Royce Marine for supply of low-voltage electric motors, motor starters and frequency convertersAfter evaluating a number of potential suppliers, Rolls-Royce Marine has selected Scandinavian Electric Systems (SES) as a supplier of motors and starters for Rolls-Royce Marine?s thruster systems. A ...

  • News

    Aker Yards sign LOI for three boxships

    2004-10-20T00:00:00Z

    Aker Finnyards, a part of Aker Yards, has signed a Letter of Intent with the Swedish B & N Nordsjöfrakt for building three container carriers. The contract, worth in all approximately $188 million, will provide about 1,000 man-years of work. All three vessels are planned for delivery in 2006. "We ...

  • News

    News from Korea

    2004-10-07T00:00:00Z

    On October 7, Hyundai Heavy Industries launched a 105,000DWT tanker built on land. She was ordered from Novoship in Russia and will be delivered by January next year. She is the first ship built on land. The South Korean shipbuilder will build a total of 16 ships on land. They ...

  • News

    Wrecking development

    2004-10-07T00:00:00Z

    Hundreds of sunken ships ranging from large freighters and tankers to small tugs and dhows are blocking access to Iraq's principal seaports and threatening the marine environment of the northern Gulf, shows a detailed report by the United Nations Development Program (UNDP).A systematic survey of the ports of Umm Qasr ...