Latest News – Page 811
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STX secures tanker order
STX Shipbuilding has signed a deal worth 209 billion won ($151 million) to build an oil tanker for a European shipping company. The deal calls on STX Shipbuilding to deliver the VLCC by November 2011. The deal came amid concerns that future orders for new ships would fall sharply due ...
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Shipbuilders facing uncertain times
John Swire & Sons affiliate China Navigation has confirmed it has ?postponed? its first newbuilds for ten years. The six 40,000 dwt multipurpose vessels costing a combined $360m were put on hold as the yard, Nantong Mingde, was five days late in signing the refund guarantee. "The orders are postponed," ...
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ADBS lands Bahrain landing craft contract
Abu Dhabi Ship Building (ADSB), the only dedicated naval shipbuilding and repair facility in the Arabian Gulf, has been awarded a contract by the Bahrain Naval Forces to construct two 42-metre steel landing craft and two 16-metre landing craft made of composite materials. The multi-million dollar contract was won in ...
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STX willing to offload part of Aker
Korean shipbuilder STX has said it would be interested in selling some of its shipbuilding holdings to the Finnish government. According to the chairman of the board of STX Europe, formerly Aker Yards, Su-Jou Kim is proposing a similar arrangement to that carried out in France where the state becomes ...
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Wadan delivers second Norilsk Nickel vessel
Wadan Yards Germany with shipyards in Wismar and Rostock-Warnemünde delivered the second out of four ice-breaking container / cargo ships of the type Aker Arctic CS 650 for arctic operation to the large Russian mining company OJSC "MMC "Norilsk Nickel". Yard number 158 was named 'Zapolyarnyy' and will leave the ...
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Safedor final conference
SAFEDOR is about to complete its four year R&D programme. To mark this event, partners of SAFEDOR will present the latest and overall results of their work at a public conference at the headquarters of the IMO on 27 and 28 April 2009. The event will provide an excellent opportunity ...
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China halts new shipbuilding projects
China's shipbuilding industry has been facing tough market conditions in the second half of this year and, to handle the problem, the Ministry of Industry and Information Technology has declared it will no longer approve new shipbuilding projects in principle in the near future.By the end of September, domestic shipyards' ...
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Ship orders crash
Global ship orders tumbled 90% last month as the credit crunch damped world trade and made it harder for shipping lines to borrow money, according to Lloyd's Register. Shipowners ordered a total of 37 container ships, tankers and other vessels in October, compared with 378 a year earlier, LR's Chief ...
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Primorsk names first ship built to LR's winterisation rules
The first vessel built to comprehensive new global standards for ice-class vessels was unveiled when the Primorsk Shipping Corporation (PRISCO) named the Prisco Alexandra, a 51,000 dwt product tanker built in Korea to rules developed by LloydӮs Register. Prisco Alexandra, the first of seven sisterships being built for PRISCO at ...
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Crane breakdown at Odense shipyard
Shortly after 1 pm Sunday afternoon, the large gantry crane at the Odense Steel Shipyard was suddenly and unexpectedly hit by an extreme gust of wind resulting in the crane travelling uncontrolled on its tracks. The operational brakes of the gantry crane were unable to withstand this severe impact and, ...
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Daewoo to use SPS technology
Daewoo Shipbuilding and Marine Engineering (DSME) and Intelligent Engineering (IE) entered into a joint venture agreement for the use of SPS (sandwich plate system) technology in shipbuilding. Although SPS has become widely used in ship repair, this is the first major agreement to be signed for its use in mainstream ...
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Lindenau gets lifeline
The world?s largest ship finance specialist, Germany?s HSH Nordbank, has thrown compatriot shipyard Lindenau a lifeline. Following Lindenau Schiffswerft & Maschinernfabrik?s insolvency in late September, the bank has provided the yard with a relief loan. The shipyard, which employs 370 regular workers excluding temporary workers, was unable to secure a ...
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France has stake in STX Europe's French yards
STX Europe and the French government have agreed that the French state becomes a 33.34% shareholder in STX France and its shipyards in Saint-Nazaire and Lorient. The combined ownership of STX and the French state will expand the strategic opportunities for one of the few sophisticated large capacity shipyards in ...
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Bourbon Offshore Asia inaugurates training centre
The French offshore operator BOURBON has inaugurated the Bourbon training centre Asia and its AHTS simulator in Singapore in the premises of Bourbon Offshore Asia. The opening of this second Bourbon training centre in Asia follows the opening of the Manila?s (Philippines) centre in October 2007 dedicated to Dynamic Positioning ...
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Sanko expands offshore fleet
Japan?s Sanko Steamship is starting to expand its offshore vessel business. With a fleet of twelve vessels consisting mainly of AHTS vessels and PSVs, the company will now bring the total number of vessels to 52 with a series of new orders. Sanko based its decision to order newbuildings because ...
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Iceberg testing completed
Russia has completed ice testing of a new naval vessel at the St Petersburg-based Central Research Institute. According to the head of the Institute?s Russian Academy of Sciences, Valentin Pashin, the experts of the ?Iceberg? project are now working with colleagues from Finland to finish the design by 2009. The ...
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Sealion goes for Wärtsilä package
Wärtsilä has received propulsion packages order from Sealion Shipping, the UK-based operator and manager of the Toisa fleet. The units are to be installed in a series of three Multi-Purpose Subsea and ROV Offshore Support Vessels (OSV), to be built at the ABG Shipyard in India. The OSVs will be ...
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Ulstein sets up new company
The Ulstein Group in Norway is starting up a new company providing services to the international shipping industry. Named Ulstein Marine Services (UMS), it will offer services to the aftermarket, technical operation of vessels in service, and services for personnel/manning. Group CEO Gunvor Ulstein says the establishment of UMS is ...
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Bollinger delivers first spec boat
In late October, Bollinger Shipyard announced that they had sold two 59 metre offshore-supply vessels to Odyssea Marine. The first boat, Mary Martin, has already entered service while the second is to be delivered in December. In accordance with the original plan the boats were sold to the successful bidder ...
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India's shipbuilding ambitions run into rough weather
Ambitious plans by domestic firms to boost India?s shipbuilding capacity in the next two to three years by investing some Rs20,000 crore may have to be whittled on the back of the current credit crunch and a downturn in global shipping, say experts. "The changed situation would require some degree ...
