Latest News – Page 810
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Two drill ships for Samsung
Samsung Heavy Industries has received a contract worth $1.44 billion to build two deep-water oil exploration drill ships. The deal with a European client calls for delivery by March 2012 and the vessels will be used for drilling activities off the coast of Brazil.The contract comes as shipbuilding orders have ...
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Shipbuilding cancellations hit plate market
Shipbuilding cancellations hit plate market According to a recent report from World Steel Dynamics, perhaps 300 contracts to build capsize and Panamax vessels may be cancelled and some new shipyards may close. World Steel Dynamics estimates that approximately 15,000 tonnes of steel plate is needed to build each vessel, which ...
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Hyundai orders sink
Hyundai Heavy Industries said that its orders sank 57% in October from a year earlier on falling demand for new ships, reflecting a declining shipbuilding cycle. The orders received last month fell to $325 million from $758 million a year earlier. The company said it did not receive new orders ...
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Jotun introduces SeaMate
Jotun, the Norwegian paint manufacturer, has introduced a new self-smoothing and self-polishing hydrolysis antifouling coating based on the unique silyl acrylate technology. Called SeaMate, it is a TBT free antifouling, fully complying with the IMO rules for vessels which came into force on 1 January 2008, enabling ships sailing between ...
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Wärtsilä establishes DC Ecotech
Wärtsilä is to establish a new centralised environmental products know-how unit. Termed Delivery Centre Ecotech (DC Ecotech), the unit will focus on developing and delivering environmental technologies, as well as products for emissions reduction and efficiency improvement. By combining the broad and outstanding know-how within the company, Wärtsilä will strengthen ...
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Calling all Pacific Coast mariners
Alan Haig-Brown has recently put up a new web page for mariners who visit or work the Pacific Coast of America. It is really a blog spot based on some of the articles that he has written over the years to cover Pacific Coast voyages that he's made. The page ...
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Strategic Marine launches floating dry dock
Strategic Marine has launched the base of the floating dry dock it has on order from the Australian Marine Complex (AMC) on schedule from its Vietnamese shipyard.The dock?s 4,400 tonne base was launched from the company?s facility at Dong Xuyen Industrial Zone at Ba-Riang Vung Tau. The 99m long and ...
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CSBC to be privatised
Taiwan will release 51% stake in the state-run CSBC Corporation (China Shipbuilding) by the end of this year, marking it the largest initial public offering for 2008 so far. Fubon Securities Co. will handle the issuance of 33%, or approximately NT$3 billion ($90.9 million), of the CSBC shares. Fubon Securities ...
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Chouest taking over Tampa Bay shipyard
The Louisiana-based Edison Chouest Offshore (ECO) is establishing an operation at the Port of Tampa, buying the Tampa Bay Shipbuilding & Repair Co.'s lease and retaining its 500 employees with plans to add workers and additional trades.ECO, founded with a single vessel nearly 50 years ago, operates six shipyards along ...
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Cammell Laird back on Merseyside
Today sees the Cammell Laird name return to its historic Birkenhead shipyard home in a move the yard?s owners say could help them win new business from around the world. Cammell Laird, one of the best-known names in the shipbuilding world, has been absent from the Mersey since 2001 when ...
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Seaspan takes delivery of another feeder
Seaspan takes delivery of another feederSeaspan Corporation has accepted delivery of the 'CSCL Santiago', a 2,500 TEU newbuilding. The new containership, which was built by Jiangsu Yangzijiang Shipbuilding in China, expands Seaspan's current operating fleet to 34 vessels with 34 remaining newbuildings to be delivered over approximately the next three ...
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KDB, Hanwha sign Daewoo deal
Last Friday Korea Development Bank (KDB) signed a preliminary deal with Hanwha Group on the sale of a controlling stake in Daewoo Shipbuilding & Marine Engineering Co. (DSME). Starting next week, Hanwha will begin a due diligence on DSME for three or four weeks, the bank said. The deal came ...
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ST Engineering secures naval contract
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd, has secured a contract in a basket of currencies amounting to about S$200m, to design and build a 141metre landing platform dock (LPD) ship, two 23 metre landing craft mechanised (LCM) and two 13 metre landing ...
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Hyundai Mipo order revised
Hyundai Mipo Dockyard has signed a $408 million order that revised up a 2007 contract to reflect changes to ship types. The South Korean shipbuilder had initially won a $373 million order for eight container ships from an unidentified company in Europe in September 2007. The new contract now calls ...
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Bangladesh on threshold of export binge
Bangladesh claims it is set to be swamped with orders for small ocean-going ships in the coming years as major Asian shipbuilders are now fully booked and are either turning down orders or delaying deliveries, industry people and service providers said.Policy and fiscal supports from the government can help the ...
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Austal wins JHSV contract
Austal USA has won a contract to design and build the US Department of Defence's next generation multi-use platform, the Joint High Speed Vessel (JHSV), as part of a programme potentially worth over $1.6 billion. As the project's prime contractor, Austal will design and construct the first 103-metre JHSV, with ...
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Macgregor appoints Greek agent
Cargotec?s MacGregor business area has strengthened its position and sales activity-potential in Greece by signing a co-operation agreement with Piraeus-based company Oceanking Technical & Trading Ltd. Oceanking will be the sole representative supporting Macgregor's sales activities for newbuilding projects in Greece. Hans Berg, vice president of common sales for the ...
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Volstad orders seismic research vessel
Volstad Maritime AS in Aalesund, Norway, has ordered another seismic research vessel based on ST-design. The new vessel is a ST-327L CD with a length of 108 m and a beam of 24 m. This is the third seismic research vessel Skipsteknisk has designed for Volstad Maritime but vessel number ...
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Slow steaming to stay says AXSMarine
Lower bunker prices are unlikely to reverse the current trend of slow steaming for container lines according to AXSMarine?s weekly analysis of the liner market. Bunker prices have seen a sharp decrease in the past three months, from $650 in end August 2008 to $250 today, thereby eliminating the primary ...
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No decision on Hanjin Filipino shipyard
Hanjin Heavy Industries has not yet made a final decision on whether to drop its $2billion shipyard project in the southern Philippines. According to a Hanjin spokesman, the project is suspended but nothing has been decided on whether to withdraw or not. A Manila newspaper reported recently that Hanjin was ...
