Latest News – Page 777
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News
Fincantieri secures more naval export orders
Fincantieri has won orders worth a total ?250 million to build a corvette for the United Arab Emirates Navy and a fleet tanker for the Indian Navy. The contract for the 88 m "Abu Dhabi class" corvette for the U.A.E., due for delivery early 2011, includes an option for a ...
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Last GPA 670 MkIII completed by Sinopacific
In July another offshore vessel series, designed by the Seattle-based naval architect firm Guido Perla & Associates (GPA), was completed at the Zhejiang Shipyard, part of the Sinopacific Shipbuilding Group, in China with the delivery of the fourth vessel of this series. The GPA 670MKIII PSV vessels measure 73.20m in ...
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Latest SWATH deliverd
TKMS Blohm + Voss Nordseewerke in Emden, a company of ThyssenKrupp Marine Systems, has delivered a new vessel for the German Customs Administration. Named 'Helgoland', the 50 m long twin-hull SWATH vessel (Small Waterplane Area Twin Hull) is characterized by an excellent seagoing behaviour and extremely safe operating conditions at ...
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TOP Ships takes delivery of last newbuilding
Athens-based TOP Ships Inc. has taken delivery of the 50,000 DWT product / chemical tanker "HONGBO" from SPP Plant & Shipbuilding Co., Ltd in South Korea. The "HONGBO" is the last of a six-ship series from the shipbuilder and has entered into a bareboat time-charter employment for a period of ...
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NewsMAN Diesel ceases engine production in Frederikshavn
An S35ME-B engine leaves MAN Diesel's Frederikshavn production facility, where engine building is to cease.The continuing financial and economic crisis and the market forecasts for the maritime sector in the coming years have forced the executive board of MAN Diesel SE to decide on a realignment of the company?s site ...
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Vale considering mega ore carriers
The Brazilian iron ore producer Vale SA, is considering building 400,000 DWT ore carriers for its own fleet to serve the growing Chinese market and cut costs. Vale?s fleet has helped the Brazilian miner to reduce freight costs when shipping ore to Asia, and the company claims its own freight ...
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FBMA Marine fighting to stay afloat
UK-operated shipbuilder FBMA Marine in Cebu, Philippines has "ceased operations", although it is still looking for new orders to stay in business. "We have stopped operations, but we have not closed down," Doug Border, president and chief operating officer of FBMA said.Border said the yard had no orders on hand ...
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Government loans keep German yard going
Germany's Wadan Yards will receive two loans totalling ?20.5m ($28.8m) from the government of Mecklenburg-Western Pomerania. The money will be used to set up two transitional companies for the 2,400 employees of the yards in Rostock-Warnemünde and Wismar. The European Union will support the transitional companies with an additional ?10.1m ...
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Cancelled Namura bulkers snapped up
Industry sources say that four companies have purchased the five cancelled 32,000 DWT handysize bulker newbuildings which Cido Shipping had ordered from Namura Shipbuilding's Hakodate yard in Japan. NYK Bulkship is taking two and Shih Wei Navigation of Taiwan and two unidentified buyers respectively taking one. Hakodate is scheduled to ...
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Philippine yard deliver first newbuild
Philippine shipbuilder Colorado Shipyard Corp., which invested P1.04 billion for its facility in Cebu, has sold its first catamaran, a 33-meter aluminium vessel, to Demining International. This newbuilding has a service speed of 30 knots with a capacity of 30 tonnes of cargo and 60 persons. Its price was not ...
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Shipyards CEO?s contract not renewed
Malta Shipyards chief executive Christopher Bell has relinquished his post and reportedly left the island in search for new pastures, after government refused to renew his contract. A spokesman for the Ministry for Investments, Transport and Communications (MITC) confirmed that Bell?s contract expired in June last year, however it was ...
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Box fleet growth stalls as scrappings surge
The containership liner fleet growth has almost stalled during the past few weeks as ships are joining scrap yards in droves while newbuilding deliveries are ebbing according to Alphaliner. Over the month of July, the total container capacity deployed on liner services has increased by 7,000 teu only, according to ...
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WSS offers refrigerant changeover solutions
Ships service agency Wilhelmsen Ships Service (WSS) is equipped for the complex changeovers that the Montreal Protocol will demand when it comes into law on 31 December 2009.After this date, the European Union will not permit ships? crews to maintain, service or top up any refrigeration systems containing R-22 or ...
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DNV develops new PSC tool kit
In a major effort to reverse the recent negative trend in port state detentions, DNV has developed a Port State Control Toolkit that is especially designed to raise awareness and focus attention on pro-active preparation for port state inspections."Port state detention statistics are one of the most important ways by ...
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Hudong-Zhonghua poised for 6th LNG carrier
Shanghai-based Hudong-Zhonghua Shipbuilding is to secure a long awaited $200m order for its sixth 145,000m3 LNG carrier in the next few months. Negotiations are on-going between the shipyard and China National Offshore Oil Corp and China Merchants Energy Holdings and finalization of the contract would end months of speculation and ...
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Dawning of a new era for Canadian shipbuilders
Canada's shipbuilders have agreed to a radical change in the way contracts will be doled out by the federal government. The federal government plans to spend $40 billion over the next 30 years to build as many as 50 large ships, on top of the 70 ships under 1,000 tonnes ...
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Sungdong bags Suezmax pair
Sungdong Shipbuilding & Marine Engineering in South Korea has bagged a second order in less than a month, this time securing a pair of 158,000 DWT Suezmax tankers from an unspecified European owner for delivery in 2011 priced at $70 million apiece. Sungdong booked two identical vessels from Greek owner ...
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SAL lifeline for Sietas
The German shipowner Schiffahrtskontor Altes Land (SAL) has placed an order for two heavylift vessels with Sietas Werft. This welcome boost to the Hamburg-based shipbuilder's order book adds to an earlier order for a double ended ferry and ensures work for the shipyard to the end of 2010. These latest ...
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FPI and Harris Pye collaborate
The Harris Pye Group and Future Pipe Industries B.V. (FPI), of The Netherlands, have signed a collaboration to work together supplying glass fibre reinforced epoxy pipe systems (GRE) to the marine, cruise, industrial and selected areas in the oil and gas sectors. Their collaboration has already seen orders secured.Both companies ...
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Shell awards floating LNG contracts to Technip and Samsung
Shell Gas & Power Developments BV (Shell) has signed a master agreement with a consortium comprising Technip and Samsung for the design, construction and installation of multiple floating liquefied natural gas (FLNG) facilities over a period of up to fifteen years. Shell and Technip-Samsung also signed a contract for execution ...
