Latest News – Page 1019
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IACS presents united front
On 13 June, the ceo's of the members of IACS met to discuss the progress of IACS?s common rule developments for oil tankersand bulk carriers, and agreed that: 1. The implementation date of common rules will take place for all members on 1 April 2006,2. with adoption the rules will ...
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New reefers for Eimskip
Eimskip, the Icelandic shipping company, has entered into shipbuilding contracts for the construction of two highly sophisticated reefer vessels for a total purchase price of $39.6 million, with an option of ordering four more. This order is part of Eimskip?s and its Norwegian subsidiary, CTG, plans to enhance its temperature-controlled ...
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Teekay consortium wins Qatar LNG order
Teekay Shipping Corporation, the world?s largest oil-tanker company, and Mitsui OSK Lines, Japan?s second-biggest shipping line, are among a group set to win a $3bn order for LNG tankers from Qatar. The group of companies has "tentatively won" the order to build and operate the 12 gas tankers to carry ...
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Atlas Elektronik for sale
BAE Systems has officially put up for sale Atlas Elektronik, its German naval systems business thereby ending months of speculation about its intentions for the naval command-and-control and torpedo business. The company is in discussion with the German government over how to go about it since Berlin is keen to ...
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Chinese yards ink small boxship orders
SITC Maritime Group has ordered two 378TEU container ships from a Chinese shipbuilder for a total price of $6.9 million. The newbuildings will be 114.8m in length, 16.2m in breadth and 7.8m in depth with a service speed of 13 knots and will be deployed on domestic routes. Pacific ...
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Brazil yard wins PSV
Damen Shipyards Gorinchem, Netherlands, and the Brazilian shipyard of Wilson Sons, have signed a contract and licence agreement for the construction of a Damen Platform Supply Vessel 7216. The 72 metre long vessel will be built by Wilson Sons at their shipyard in Guaruja (Santos), Brazil, with Damen providing engineering, ...
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BAe yard set to build carrier blocks
The 2,800 workers at BAe?s Barrow shipyard have been told that it is more than likely they will build blocks of up to 10,000 tonnes for the Royal Navy?s future aircraft carriers.The final go ahead for the £2.9bn carriers has still to be agreed by the UK?s government and the ...
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Q-Ship in VLGC deal
Qatar Shipping Company (Q-Ship) has signed a $1.4bn contract with Hyundai Heavy Industries (HHI) of Korea to design, build, launch, equip and deliver four Very Large Gas Carrier (VLGC) vessels, each of 82,200cu m for delivery in 2008-09. This is part of Q-Ship?s fleet expansion exercise and represents their largest ...
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First LCD laid down
The keel was laid down for the US Navy?s first Littoral Combat Ship (LCS) at Marinette Marine, Marinette, Wis. The 116.3 metre warship, to be named USS Freedom (LCS 1), represents the cutting edge of a new Navy, and represents a revolution in design for the US Navy. Freedom, the ...
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Confusion over EU rules threatens shipyard jobs
Hundreds of jobs at Ferguson's shipyard in Port Glasgow are at risk because the Scottish Executive (SE) doesn't understand EU rules, it was claimed today. The yard is fighting for a contract to build two fisheries protection vessels, which the Executive claims must be put out to a tender process ...
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Samsung develops new LNG robot
Samsung Heavy Industries has developed a new robot which will automatically bond triplex insulation in LNG carrier. Triplex maintains temperature in LNG cargo tank at the level of -163 degree and prevent gas leakage. Currently, 40 workers require 22,400 hours for bonding triplex but this will be reduced by more ...
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ASL inks newbuildings worth $60 million
Two subsidiaries of Singapore?s ASL Marine Holdings, ASL Shipyard and PT ASL Shipyard Indonesia, have secured shipbuilding contracts worth a total of $60 million. The orders are for a total of eight ships placed by clients based in Indonesia and Europe. The orders involve the construction of two 11,000DWT chemical ...
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Stolt-Nielsen goes to ShinA for newbuildings
Stolt-Nielsen SA of Norway announced that its Stolt-Nielsen Transportation Group (SNTG) unit has ordered four 44,000DWT parcel tankers from South Korea's ShinA Shipbuilding. The aggregate price for the four ships is expected to be just under $230 million and delivery is scheduled to begin in the second quarter of 2008.Each ...
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SCI seeks block approval
In a development that could significantly shore up the fortunes of Shipping Corporation of India (SCI), the Ministry of Shipping has initiated a move to provide block approval to the company's $1 billion acquisition plan involving 14 new vessels, including VLCCs, two container vessels and six 65,000DWT product tankers. The ...
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Warship yard in talks
Elefsis Shipyards and French shipbuilding group DCN are discussing possible cooperation options in the joint construction of warships and exchange of know-how. Elefsis Shipyards president Nikos Tavoularis said, "Cooperation will contribute significantly to employment, competitiveness and technology transfer, and in industrial cooperation in the European context." DCN officials, headed by ...
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STX to build Chinese block factory
STX Group, a holding company of STX Shipbuilding, is considering constructing a ship block factory at Shandong, China, at a cost of $100 million. In addition, the Korean company will expand production capacity at its STX Enpaco?s China factory by investing $50 million by 2008. STX Enpaco manufactures core components ...
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CMA CGM into feeders
The French shipping giant CMA CGM is reported to have placed an order for five 1,600TEU feeder boxships with Daehan Shipbuilding in South Korean for delivery in 2007 and 2008. No price has been revealed.
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Korea secures LNG dozen
Teekay Shipping Corp and a group of Japanese owners have won contracts to lease 12 new LNG tankers to Qatar Gas according to industry sources. Mitsui OSK Lines, Nippon Yusen KK, Kawasaki Kaisha Kisen, Iino Kaiun Kaisha and trading house Mitsui & Co will own eight of the 215,000cu m ...
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Keppel to convert Settebello
Keppel Shipyard in Singapore has entered into an agreement with Charter Development Limited Liability Company (CDC), a special purpose company of ABN Amro Bank?s Brazilian unit, for the hull conversion of a Floating Production Unit (FPU) for $174 million. Work includes marine conversion as well as the fabrication and integration ...
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Lockheed Martin lays Freedom?s keel
The keel was laid for Freedom (LCS 1), marking a significant milestone in production of the U.S. Navy's first Littoral Combat Ship (LCS), a new class of surface combatant designed to operate in shallow coastal waters. Freedom is under construction at Marinette Marine and will be delivered to the Navy ...
