Latest News – Page 770
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News
Orient delivers first newbuilding
South Korea's Orient Shipyard recently delivered its first-ever newbuilding to compatriot Sunwoo ST. The ship, named ?Ocean World', is the first in a 33,300 dwt bulk carrier series ordered by the shipowner at the yard. The newbuilding has a length of 178.9 m, a breadth of 28.8 m and a ...
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STX develops cargo oil pump
South Korea's STX Enpaco has developed a new cargo oil pump for product and chemical tankers and has been type approved by Korean Register of Shipping.This will enable the company to manufacture and sell its own cargo pumps without relying on imports. The submersible cargo oil system costs about KRW ...
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Koreans develop LNG containment system
Korea Gas Corporation and the country's big three shipbuilders, namely Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering, have jointly developed a LNG storage tank system.South Korean shipbuilders, which dominate the LNG carrier newbuilding market, have to date paid huge royalties to France's GTT for their ...
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Bangladesh shipbuilder expanding
Bangladesh's Western Marine Shipyard is planning to construct its second domestic yard next year. The company is in talks with South Korean, Japanese and Danish interests over a $100m facility at Anwara. It already has a yard at Colagoan.Boss Sakhawat Hossain says the new yard will build ships of up ...
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Buoy tender contract for Mexican yard
Strategic Marine Mexico?s Joint venture Partner, Mexican ship building company Servicios Navales E Industriales (SENI), has been awarded a contract to build two 35 metre buoy tender vessels for the Mexico Ministry of Communications and Transport. These vessels will primarily be used to install and maintain over 700 buoy?s in ...
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Texas shipyard wins ferry contract
Conrad Industries shipyard in Orange, Texas, has been awarded a contract for the construction of a passenger/vehicle ferry with a value of $13.0 m. The North Carolina Department of Transportation awarded the contract to Conrad for the construction of a 67.7m passenger and vehicle ferry for service between the Cedar ...
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Russia's offshore developments create shipbuilding bonanza
Vice President of the United Shipbuilding Corporation in Russia, Sergey Forafonov, said that Gazprom?s plans for offshore developments would require over 300 vessels to be built. This would bring plenty of opportunity for Russia's shipyards which are expected to receive huge government investments for new facilities. This will include a ...
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Mexican yard launches first newbuilding
The 52 metre crew boat "Aramara", ordered by Arrendadora Ocean Mexicana (Blue Marine), is the first vessel to be built at Strategic Marine?s Mexican shipyard in Mazatlan. It is also the first Strategic Marine vessel destined for the Gulf of Mexico.The new crew boat is one of two vessels contracted ...
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Far East shipyard support may hurt industry
Chinese and South Korean support for shipbuilders may hurt the industry in the long term by keeping unprofitable yards afloat amid plunging demand, according to Drewry Shipping Consultants Ltd. "There?s absolutely no sign that world shipbuilding capacity is going to be rationalized," Managing Director Arjun Batra said at a shipping ...
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IHC Merwede focusing on India
The Dutch shipbuilder, IHC Merwede, the market leader in the construction of specialised dredging equipment, is fast increasing its footprints in India. Last year the company delivered seven dredgers to various Indian companies and this year it has already several newbuildings on order and is in the process of signing ...
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Low sulphur fuel causing power loss
The US Coast Guard and international shipping lines are becoming seriously alarmed at the number of ships suffering loss of power after switching to low sulphur fuel. This is particularly the case in California where the state ordered all ships (with a few special exceptions) from July to use a ...
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Non-operating owner idle fleet at record high
The Non-Operating Owner (NOO) fleet of idle containerships has risen to 654,000 teu, the highest level ever recorded, according to the latest Alphaliner fleet survey. The carrier-controlled idle fleet stood at 643,000 teu and has fallen below the NOO idle fleet for the first time since Alphaliner started tracking the ...
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NewsFirst order for new Voith propellers
The new Voith radial propellerVoith has developed a new marine propulsion system for installation into a special vessel used for constructing offshore wind parks.From idea to contract signing in 18 months, the marine business of Voith Turbo has developed the Voith Radial Propellers (VRP) rated at 5.5 MW. With this ...
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Kawasaki rejigs capacity
Japanese shipbuilder Kawasaki Shipbuilding is reducing newbuilding capacity at its Sakaide Shipyard by returning to a one-dock system from the current two-dock one in the autumn next year.As newbuilding demand shrinks, it is adjusting shipbuilding pace and the yard's operating hours are expected to decrease by 20%. Sakaide Shipyard had ...
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Taizhou Kouan wins seven cargo vessels
China's Taizhou Kouan Shipbuilding has reportedly secured an order for the construction of seven 27,000 dwt multipurpose cargo vessels from a domestic shipowner with delivery scheduled for 2011. Ship prices were not disclosed.The shipbuilder also won a ropax ferry order from Guangdong Zhanjiang Shipping Group for delivery in 2010. The ...
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German owner refuses delivery of PCTC
The German shipowner NSC Schiffahrtsgesellschaft is refusing to take delivery of a large car carrier lying at Croatia's 3 Maj shipyard. It is the last of three 4,900 unit car carrier newbuilding's NSC founder Roberto Echevarria booked at the Rijeka yard after allegedly gazumping Compania Chilena de Navigacion Interoceanica (CCNI).Since ...
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Vietnam car carriers cancelled
Hoegh Autoliners of Norway has cancelled orders for two car carriers ordered from Vietnam shipbuilder Vinashin.. The pair are part of a deal for four ships of 7,000 car equivalent units (ceu) placed by Hoegh in 2006 at Vinashin with delivery between 2009 and 2011. They were priced at slightly ...
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CLSL-MISC order LNG carrier
China LNG Shipping (Holdings) Limited and Malaysia's MISC Bhd have signed a co-operation agreement for the construction of a 174,000 m3 LNG carrier at China's Hudong-Zhonghua Shipbuilding. Local papers speculate that CLSL will hold a 51% majority stake in the venture and that construction of the newbuilding will begin next ...
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Clarkson reveals lowest orderbook since June 2007
New research from UK-based Clarkson Research Services show that the world newbuild orderbook comprised 8,779 vessels (164.7 million CGT), the lowest since June 2007. Since the start of 2009, orders for gas tankers have fallen by 28% while, in other sectors, tanker orders are down 21%, container orders have fallen ...
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Wärtsilä joins UN Global Compact initiative
Wärtsilä has signed the United Nations Global Compact (UNGC) initiative and has been registered as a participant by the UN Global Compact Office. With this action Wärtsilä further consolidates its commitment to sustainable business practices, and to the compact's underlying principles in the areas of human rights, labour, environment and ...
