Latest News – Page 814
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New partnership in liferafts
Two major players in the safety business are joining forces to help customers simplify their life raft compliance issues. Through this agreement with the Survitec Group, Wilhelmsen Ships Service is introducing Unitor-branded life rafts to the maritime market. From October 2008 the Survitec Group will manufacture the ?Unitor? brand life ...
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New Intercargo Secretary General takes up the reins
At the Intercargo Annual Meeting, asociation members endorsed the planned succession of Secretary General from Roger Holt to Rob Lomas with effect from today?s meeting, with Holt staying on for a further year as Consultant Director to promote Intercargo and its Work Programme.Speaking at the meeting, Nicky Pappadakis, Intercargo?s Chairman, ...
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There is still hope for Polish shipyards
Polish Prime Minister Donald Tusk met with the head of the European Commission Tuesday evening to discuss the future of the Polish shipbuilding industry. The fate of the yards is in the hands of the Commission, if it rejects the restructuring plans the yards will be obliged to pay back ...
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Philly yard reshuffles programme
Norway-listed American Shipping Company (ASC) lacks financing for two out of 12 planned vessels, so it will change the sequence of construction at Aker Philadelphia Shipyard, the companies said.ASC said in a statement on Wednesday it had not been able to arrange financing for two shuttle tankers in the programme, ...
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Croatia shipyards' privatization to begin
Croatia has decided to call tenders for the privatization of its shipyards, except for Uljanik, in the second half of November, said Minister of economy Damir Polancec. The offering price of the shipyards is set at HRK 1 per share. Employees of the shipyards will be able to buy up ...
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Hamworthy to supply nitrogen generator systems
Hamworthy Moss AS has won a major contract to supply 10 nitrogen generator systems for a series of 47,500 dwt chemical carriers being built for IRISL by Hyundai Mipo Dockyard in Korea. The 10 ships will be delivered between 2010 and 2012. A total value of more than $11 million ...
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Siemens to power German frigates
Siemens has received an order worth just under 50 million euros to equip four German navy Class F125 frigates with propulsion equipment and integrated automation and control systems.The customer is AGE F125, a joint ventures of Krupp Marine Systems AG and Fr. Lurssen Werft GmbH & Co. KG. Delivery of ...
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Vinashin export sales more than double
Vietnam Shipbuilding Industry Group (Vinashin) said revenue more than doubled in the first nine months as it sold vessels to the UK, Japan and South Korea. Sales rose to VND19.6 trillion ($1.2 billion), the Hanoi-based state-owned shipbuilding conglomerate said in a statement. Vinashin, which also repairs ships, estimated exports were ...
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SCI orders boxships from Hyundai
State-run Shipping Corporation of India (SCI)has ordered two 4,400 TEU container ships from Hyundai Samho Heavy Industries. These newbuildings will be the largest container vessels under the Indian Registry. Earlier, SCI received delivery of a 319,000 DWT VLCC from Daewoo Shipbuilding & Marine Engineering and has plans to spend 140 ...
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Damen design chosen for Ferry Dubai project
The Marine Agency of Dubai's Roads & Transport Authority (RTA) has chosen a Damen Shipyards, Holland, design for the $50 million Ferry Dubai project initially planned to carry three million passengers a year from Dubai Creek to the city's offshore islands such as Nakheel's The World and the Palm Trilogy. ...
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Samsung gets tanker trio
Samsung Heavy Industries has obtained a $250 million order to build three large crude oil carriers from two shippers, including Turkey's Geden. With the new deal, the Korean shipbuilder has racked up a total of $13.9 billion in orders so far this year, reaching 93% of its annual target.
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ABS and RS initiate survey training for Arctic LNG carriers
ABS and the Russian Maritime Register of Shipping (RS) have initiated an extensive joint training program covering survey of Arctic LNG carriers for a team of surveyors drawn from both societies. Classroom instruction in early October at the RS training facilities in St Petersburg, Russia, is to be followed by ...
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Wärtsilä propulsion for Wilson bulkers
Wilson Shipowning AS, one of Europe's leading short sea bulk carrier operators, has ordered Wärtsilä propulsion packages for a series of eight 4500 DWT general cargo bulk carriers. The vessels will be built by Shandong Baibuting Shipbuilding Co Ltd, in Qingdao, China. This significant order follows a supply agreement from ...
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Conoship and Algoship form strategic alliance
Conoship International BV, of Groningen, Netherlands, and Algoship Brokers Ltd together with Smart Engineering and Design Solutions Ltd (SEDS), both of Nassau, Bahamas, have agreed a strategic move to promote and support shipbuilding in India and elsewhere through an exclusive partnership arrangement.Algoship Brokers Ltd and SEDS are controlled by Antony ...
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Bankruptcy threatens Asian shipbuilders
Asian shipbuilders face an abrupt downturn in demand that could result in some yards going bankrupt as ship owners cancel or postpone orders, according to bankers and analysts. The problems could be particularly acute in China, which is now challenging South Korea as the world's leading shipbuilding nation but where ...
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Bangladesh expanding shipbuilding
Six Bangladeshi business groups will invest over Tk 500 crore($73 million) in a year to establish shipbuilding facilities across the country, sensing high export potential of the industry. The business houses with expertise in real estate, steel sector and engineering works have already formed separate firms and acquired land for ...
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SCI floats global tender for 4 VLCCs
State-run Shipping Corp. of India Ltd (SCI) has asked for bids to buy four VLCCs, which currently cost $160 million each, to meet rising demand for crude in India. SCI currently owns two VLCCs."Unlike other shipping segments, the tanker market is firm," said T.V. Shanbhag, former head of Transchart, the ...
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GS pulls out of Daewoo consortium bid
South Korea's GS Group has withdrawn its bid to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering together with POSCO, a media official at the conglomerate said. It had earlier submitted its bid in a consortium with steel giant POSCO to buy the stake in the world's third-largest ...
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HHI bids for DSME
Hyundai Heavy Industries has submitted a final bid for local rival Daewoo Shipbuilding & Marine Engineering according to a Hyundai Heavy source. The source, who has direct knowledge of the matter, declined to be named. The deadline for final bids is today.
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STX gets bulker order
STX Shipbuilding has received a contract to build two bulk carriers worth 161.6 billion won ($129 million) from an unnamed customer in Asia. The 81,000 DWT vessels will be delivered by December 2011.
