Latest News – Page 1040
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Pride?s itinerary announced
NCL Corporation (NCL) unveiled the itinerary for Pride of America, the second of three US flagged cruise ships that will sail to Hawaii under the NCL America brand. The ship, which earlier this year suffered storm damage at the German shipyard Lloyd Werft where the ship was under construction, was ...
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MISC to expand LNG fleet
Malaysia International Shipping Corp (MISC) will increase its fleet of LNG carriers to 28 by 2008 from the present 17 to meet the growing demand for gas deliveries, its chairman Tan Sri Mohd Hassan Marican said. The company has placed orders for six 137,000 cubic metre LNG carriers of the ...
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HMM to order three boxships
Hyundai Merchant Marine reports to Korea Stock Exchange today that it decides to order three 4,700TEU container ships with delivery of second and third quarter of 2007. Total investment will be $ 200 million. HMM adds that the decision is a part of medium and long-term ship securing program. A ...
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HHI to build Korea's first Aegis
Hyundai Heavy Industries (HHI) will begin construction of a warship armed with the Aegis Combat System, the US developed anti-air defense system, for the South Korea?s navy at a cost of over $860million. Code-named KDX-III, the 7,000 tonne destroyer will be the first in a three-ship series which has been ...
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Indian Navy to build aircraft carrier at home
India has unveiled plans to build an aircraft carrier and Chief of Naval Staff, Admiral Arun Prakash, said that the carrier would be built at the Cochin shipyard. "The ADS (Air Defence Ship) is our biggest ship building project, and we are extremely keen that it should get off the ...
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STX may build in China
STX Shipbuilding of South Korea, is considering relocating one of its dockyards to China to expand its production capacity and improve on its productivity. The company is considering various options, including relocating its facilities to Jinhae, south of Seoul.Korean shipbuilders are looking for ways to expand their production capacity and ...
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China joins LNG shipbuilding club
China's shipbuilding industry has entered into the liquefied natural gas (LNG) shipbuilding market with the signing of the country?s first newbuilding contract for this ship type. Hudong-Zhonghua Shipbuilding (HZS), a subsidiary of China State Shipbuilding Corp (CSSC), is to build three147,000 cubic metre LNG carriers the LNG project in southern ...
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Norshipco hopes layoffs are temporary
Norshipco shipyard in Norfolk, Virginia, part of the United States Marine Repair, America's leading non-nuclear ship repair and conversion company, will lay off 400 people in what the shipyard hopes will be a short-term economic move. Company officials say that, for the first time in years, there's hardly any ship ...
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Armaris and IZAR assist Australia with new warships
French shipbuilding group Armaris and Spanish shipbuilding group IZAR will be asked to participate in a funded risk reduction and design study for the Royal Australian Navy's two new amphibious vessels. Defence minister Robert Hill said the study was a further step towards the selection of a new amphibious ship ...
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Four countries interested in joining Straits patrol
Four more countries have expressed an interest in joining the coordinated patrols launched recently by Indonesia, Malaysia and Singapore to stamp out piracy in the Straits of Malacca. The countries in question are fellow members of Asean, i.e. the Philippines, Thailand and Brunei, as well as Asean Regional Forum partner ...
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HHI enters submarine market
Hyundai Heavy Industries in Korea signed a contract to build the first of three 7,000 tonne submarines for the Korean Navy for delivery late 2008. Vessel particulars are 165.9m long, 21m wide, a draught of 6.25m and a speed of 30 knots.
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European MOU recognises BV performance
Classification society Bureau Veritas has been named as one of the three best performing classification societies in the world, based on Port State Control statistics from the Paris MOU.This year is the first in which the Paris MOU has adopted a performance ranking of classification societies. The ranking is based ...
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First Ulstein design to be built abroad
Solstad Offshore of Norway has signed a Letter of Intent with Merwede Shipyard regarding the building of an ULSTEIN P105 platform supply vessel. The Dutch shipyard has in connection with this order signed a contract with reservations with Ulstein Design AS regarding the delivery of a design and equipment package ...
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Singapore wants ISPS to apply to smaller vessels
Singapore's Transport Minister, Yeo Cheow Tong, says that the ISPS Code, which applies to cargo ships of 500 gross tonnage and upwards, must extend to smaller vessels which, potentially, pose a serious maritime threat. Many in the shipping industry believe that the security threat comes from smaller vessels particularly given ...
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MoD plans UK shipbuilding blueprint
The future of Britain?s beleaguered shipbuilding industry is to be decided by a Ministry of Defence study that will determine the placement of billions of pounds worth of naval orders. The investigation was ordered by the defence secretary after concerted pressure from shipbuilders, who fear the industry could be crippled ...
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Korean shipbuilders see profit margins fall
Daewoo Shipbuilding & Marine Engineering (DSMA) will be reporting that its second-quarter profit will fall by 21% because of rising steel prices. DSME?s announcement will be followed by others from Korean shipbuilders since the price of steel plates, about 18% of a shipbuilder's costs, rose as much as 70% this ...
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QinetiQ acquires HVR
QinetiQ, Europe's largest science and technology organisation, has announced its acquisition of UK-based consulting organisation HVR Consulting Services Limited (HVR). HVR, which, since 1983, has provided technical and management consultancy to the UK defence sector, will continue to operate autonomously under its existing management team, and will retain its name ...
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Lockheed Martin signs SSN to build quartet
The US based aeronautics defence contractor Lockheed Martin signed up state-owned Polish shipbuilder Stocznia Szczecinska Nowa (SSN) to build four ships by 2008 as part of an offset deal concerning Poland?s purchase of US F-16 fighter jets. In the first stage of the project, SSN will build two container ships ...
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Namura boosting output
Namura Shipbuilding in Japan plans to invest around $54 million at its Imari shipyard to boost its annual newbuilding capacity by up to 50% by the end of 2005. The plan includes the introduction of a new 800 tonne goliath crane, which will increase productivity by reducing the number of ...
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Dozens vie for stake in CSC
Dozens of foreign and Taiwanese companies, including Lockheed Martin and Detyens Shipyards of the US, and BAE of the UK, are looking to buy a stake in China Shipbuilding Corp (CSC) which wants to be privatised before 2009. The state-run CSC is the country's largest shipyard and has built container ...
