Latest News – Page 805
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News
Credit crunch hits Alfa Laval
Alfa Laval AB, the world?s biggest maker of heat exchangers, said it will cut 1,000 jobs in the first half after a number of ship builders cancelled orders. The marine and diesel business lost 7 % of its order backlog to cancellations in the last three months of 2008, the ...
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ABB wins big marine order from China
Swiss engineering company ABB Ltd (ABB) has won orders worth $30 million for electric propulsion, power generation and power distribution systems that maximize the fuel efficiency of offshore supply vessels to be built in China. ABB will provide an integrated electric propulsion solution for each of the vessels. The equipment, ...
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California raises standards for BWMS
The California State Lands Commission recently issued a report that assessed the efficacy, availability and environmental impacts of currently available ballast water treatment technologies. Said the report: "Thus at least two systems, OceanSaver and OptiMarin, are capable of meeting all standards that can be assessed using the best available techniques ...
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HTS ship propulsion motor test successful
American Superconductor Corporation (AMSC), a leading energy technologies company, and Northrop Grumman Corporation (NOC) have successfully completed full-power testing of the world?s first 36.5 megawatt high temperature superconductor (HTS) ship propulsion motor at the U.S. Navy?s Integrated Power System Land-Based Test Site in Philadelphia. This is the first successful full-power ...
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Daewoo inks Qatar shipyard deal
Daewoo Engineering & Construction has signed a contract worth QR2.2 billion ($610.6 million) with Qatar Petroleum (QP) to develop a shipyard in Qatar. Daewoo put the value of the order at 895.1 billion won ($671 million). The project is scheduled for completion by the end of December 2009.
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L&T plans to build shipyard near Chennai
Confident that the present economic downturn will not hit its ambitious Rs 2,000 crore shipyard plan near Chennai, Larsen and Toubro (L&T) said that to begin with it would start building naval ships, particularly frigates and warships. "Our shipbuilding plans are not focussed on the kind of ships where the ...
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Herma delivers tanker to Chevron
Herma Shipping and Transport Corp. is set to deliver a double-hulled tanker to Chevron Philippines, the country?s third-largest petroleum company, by the first quarter of the year. The company, which is reviving a derelict shipyard in Mariveles, Bataan, said the 12,000-barrel capacity vessel, named Masinop, is the second locally made ...
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ABG faces seismic cancellation
Indian shipbuilder ABG Shipyard could see the cancellation for an order of three seismic vessels from Norwegian owner Scan Geophysical which recently stated that it was unable to sign a sale and leaseback deal for the three vessels. Pacific First Shipping (PFS), Singapore, had previously signed a letter of intent ...
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Hyundai sets delivery record
Hyundai Heavy Industries (HHI) has beaten the world?s largest delivery record for large sized vessels, delivering 102 vessels in 2008. On 29 December last year, HHI held a naming ceremony for a 6,500TEU containership ordered by the Japanese shipping company NYK Line. The ship was the 102nd vessel delivered by ...
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Sri Lanka planning new shipyard
Sri Lanka is trying to enhance its ship building capacity with the government inviting foreign investors to set up a ship yard at a new port being built in the south of the country. The Sri Lanka Ports Authority (SLPA) is set to issue a request for proposals by the ...
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GE Shipping cancels newbuild contracts
The Mumbai-based Great Eastern Shipping Corporation (GE Shipping) announced that it has cancelled orders for the construction of two Supramax bulk carriers. The 57,000 dwt vessels had been on order with an unnamed Chinese shipyard. GE Shipping has attributed the cancellations to the current "highly uncertain business environment."Despite these cancellations, ...
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KDB issues ultimatum on DSME takeover
The main creditor of Daewoo Shipbuilding & Marine Engineering (DSME) threatened to scrap a deal to sell the shipyard to Hanwha Group unless the conglomerate sticks to the 30 January deadline to finalize the contract. The state-run Korea Development Bank (KDB) picked Hanwha in October as a preferred bidder for ...
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Alnmaritec delivers wind farm vessel
Alnmaritec, the specialist aluminium boat builder based in Alnwick, Northumberland, UK, recently announced the successful launch of one of the largest boats it has built in recent years.The ?Aaryan? has been built for the North East based company ?North Sea Logistics? and is a slightly larger version of the ?Wave ...
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Chipolbrok orders six heavy lifters
Chipolbrok, the Chinese-Polish Joint Stock Shipping Company, has decided to invest another RMB2.3 billion ($340 million) in six heavy lift ships. The company will also re-instate a total of seven other ships so that by 2010 it would have 17 heavy lift vessels, thus claiming to become the world?s largest ...
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Keppel hit by cancellations
Keppel FELS Limited and Scorpion Offshore have agreed to terminate the $405 million rig contract on mutually acceptable terms. Scorpion Offshore is working closely with Keppel FELS in the latter?s exploratory discussions with interested third parties to take over the building of the semisubmersible. The outcome of these discussions are ...
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Process innovation project to enhance STX efficiency
STX Shipbuilding plans to challenge the top tier of global ship builders by using Dassault Syst?mes? ENOVIA PLM solution to deploy its process innovation (PI) project, across all three of its production bases: Jinhae Shipyard in Korea, Dalian Shipyard in China, and the recently acquired Aker Yards in Norway. ENOVIA ...
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Tricon completes Chinese shipyard
The US-based Tricon Marine, a high-quality builder of FRP/Composite luxury yachts up to 55 metres long, has completed construction of China's first and only North American-owned and operated shipyard. Yachts currently under construction have been moved to the new facility, including Tricon's next launch, a 92-foot (28 metre) long-range offshore ...
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STX Europe to upgrade cruiseship and tankers
STX Europe has signed contracts for modernising a cruise vessel for Carnival Cruise Lines and two tankers for Neste Shipping.MS Sensation of CCL will get 98 additional passenger cabin balconies as well as new black and grey water piping during the retrofit. The tankers Palva and Stena Poseidon of Neste ...
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Danaos takes delivery of another newbuilding
The Greek shipping company Danaos recently took delivery of one more containership, the 'Zim Monaco', expanding its operational fleet to a total of 39 containerships aggregating 157,427 TEU. The newbuilding has a carrying capacity of 4,253 TEU and was built by Samsung Heavy Industries. It is 260 metres long, 32 ...
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ST Marine secures seismic vessel contract
Singapore Technologies Engineering's (STE) marine unit, ST Marine, sealed a $30 million design, construction and outfitting contract to build a 68-metre seismic survey vessel for Swire Pacific subsidiary Swire Pacific Offshore Operations (SPO).SPO is one of the world's most established offshore support providers with over 20 new vessels on order ...
