Latest News – Page 771
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News
Iraq needs two new OSVs urgently
An urgent tender to build two new OSVs for the Government of Iraq has been released by the US Navy as part of Iraq?s future procurement programme.The US Navy is calling for an accelerated delivery schedule for the newbuild vessel and has specifically said that it would not consider converting ...
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Postponed boxship deliveries ease ZIM's financial woes
The Israeli container shipowner, ZIM Integrated Shipping, has reached a financial understanding to postpone four pending 10,000TEU newbuild deliveries. Originally due to be delivered in 2010, the quartet will now be delivered in 2014-15. This follows a similar recent postponement of nine 12,600TEU ships in the same timeframe. The move ...
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Wärtsilä has unique integrator role in FellowSHIP project
Wärtsilä has been assigned overall responsibility for systems integration in the pioneering FellowSHIP project. Wärtsilä's specially designed equipment is being used to integrate and create synergies between leading marine technology and state-of-the-art fuel cell technology. The equipment has been installed onboard the platform supply vessel 'Viking Lady' for extensive sea ...
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Siem to order a pair of OSRVs
Siem Offshore in Norway is ordering two oil spill recovery vessels (OSRV) on the back of a lucrative eight year contract with Petrobras. The two ORSVs, to be operated by SIEM Consub, shall be built in Brazil under the Merchant Maritime Brazilian Government Fund program ("FMM"), which provides up to ...
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NewsIMO highlights climate change challenge on World Maritime Day
Miguel Palomares, IMO Marine Environment Division director, launching IMO's climate change DVD on World Maritime Day 200924 September 2009 marks the 32nd celebration of World Maritime Day. This year, the theme for World Maritime Day is 'Climate change: a challenge for IMO too.'Part of IMO's World Maritime Day was the ...
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UK and Norway shipowners back emissions trading
The shipping industry associations of Australia, Belgium, Norway, Sweden and the UK have launched a discussion paper detailing a practical solution for reducing CO2 through emissions trading. "It is important that legislators and regulators find a practical way of including shipping in the international work to reduce global warming," said ...
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Vale may place bulker order locally
Brazilian mining giant Vale SA has given domestic shipbuilders the opportunity to build four 400,000 dwt bulk carriers. The company had been under pressure from the government to make investment in domestic industry. Vale recently met shipbuilder representatives to explain its shipping needs and had outlined the technical specifications and ...
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Success for new bunkering metering system
Nautical Control Solutions (NCS) announced today that Buffalo Marine Service of Houston in Texas successfully tested its FuelTrax bunkering system on a delivery of 1500 tonnes of IFO 500 to the container ship Maersk Wyoming. The test took place last month at the Port of Houston where the crew of ...
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HHI launches Korea?s first hybrid patrol vessel
Hyundai Heavy Industries recently held a launching ceremony for a 3,000 ton class patrol vessel named 'Taepyungyang 9' which is scheduled for completion in February 2010 .The vessel is 112.7m long and 14.2m wide with a maximum speed of 28 knots. It is Korea?s first environmental friendly ship can use ...
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Greeks order six Samho bulkers
South Korea?s Samho Shipbuilding has reportedly received a contract to build six 32,000 dwt bulk carriers from Piraeus-based Capital Ship Management. Deliveries are scheduled between 2010 and 2011. The Greek shipowner has previously ordered 25,000 dwt tankers at Samho?s yards.
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Announcement on Malta shipyards imminent
The Privatisation Unit in Malta is expected to announce preferred bidders for Malta Super Yacht Services and for the shiprepair arm in the very near future, Finance Minister Tonio Fenech said. MSYS attracted 3 serious bids of which 2 were shortlisted. The highest bid came from a consortium that includes ...
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Doosan develops measuring systems
South Korea's Doosan Engine has developed a ship-engine main bearing's abrasion measurement system and an advanced real-time measurement system of the condition of lubricating oil. Doosan initially developed the measuring systems for local companies sold under its registered trademark of B-WACS (Bearing Warning and Control System) and O-WACS (Oil Warning ...
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STX targeting offshore market
South Korea's STX Offshore & Shipbuilding is targeting about $2 billion in new orders for offshore vessels and plants this year, more than double the amount recorded last year, a senior executive said on Wednesday.The shipbuilder aims to maintain or raise the target for offshore orders next year and expects ...
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Lindo shipyard sells Estonian subsidiary
Odense Steel Shipyard Ltd. A/S (Lind? Shipyard) has entered into an agreement on the sale of Loksa Laevatehase AS (Loksa Shipyard) to a consortium consisting of AS Frelok, Crown Solution OÜ and OÜ Stako Diler. The consortium is based in Estonia and consists of experienced players from the Baltic steel ...
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New Brazilian shipyard venture
Brazil's EBX mining, energy and engineering conglomerate will invest up to $1 billion in a shipbuilding venture designed to meet needs of the nation's burgeoning offshore oil drilling industry.EBX has partnered with Hyundai Heavy Industries to sign a deal to construct the new shipyard to be built near Florianopolis, in ...
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Samsung going for bulkers
Samsung Heavy Industries (SHI) may resume building bulkers after a break of 10 years . SHI was among the shipbuilders who submitted tenders in connection with a project by India's Reliance Group to procure 6 to 10 200,000-dwt class bulker newbuildings. The other shipbuilders included Daewoo (DSME), STX Shipbuilding and ...
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Far Eastern yards keep expanding
Despite concerns over chronic overcapacity in the shipbuilding industry, two well-established Far Eastern yards are ramping up their production capacity with fresh investment. South Korea's Daewoo Shipbuilding & Marine Engineering has recently completed the world's largest floating dock, which is set to boost output by eight ships a year. The ...
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China threatening top spot
Korea's top spot in the shipbuilding industry for the last 10 years is now under threat and faces strong challenges from China.Since first reaching the 10 million-ton mark in orders in 2000, shipyards have been in full operation in Korea, the world's biggest shipbuilder. Now companies have to worry about ...
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Cuban deal for Shanghai Shipyard
Shanghai Shipyard has reportedly won a $250m contract from state-owned Cuban company Acemex to build ten handysize vessels. Each 35,000 dwt vessel will cost $24m-$25m.
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New ship orders reach peak in August
According to a study by Clarkson Research Services, global new shipbuilding orders in August have hit a new monthly record for 2009. The study claims that orders in the first three weeks of August stood at just 552,000 dwt worldwide but they jumped in the fourth week, bringing the total ...
