Latest News – Page 817
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STX wins Noble drill ship order
STX Heavy Industries has won a drill ship contract worth $1.2 billion from Noble Corp., the third-largest U.S. offshore oil driller. The order, the first of its type won by STX, includes a $300 million deepwater drill ship for delivery in 2011 and an option for three additional vesselsSTX will ...
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Cicek introduces new handy-size bulker
Turkey's Cicek Shipyard launched a new 25,000 dwt bulk carrier design at the SMM 2008 exhibition in Hamburg. The current handy-size bulk carrier fleet is now aging and Cicek believes that many owners will soon be placing orders for replacement tonnage that both meets new regulations and offers improved efficiency. ...
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Vinashin negotiating first VLCC contract
Vietnam?s state-run shipbuilder Vinashin is reportedly negotiating for its first VLCC contract with state-run PetroVietnam. The largest ships to date that the rapidly evolving builder has on its books are a series of 105,000 dwt Aframaxes for PetroVietnam.
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Credit crunch hitting shipowners
Shipping companies are experiencing a tightening of lending conditions because of growing market uncertainty and a weakening of banks' ability to lend, senior officials have revealed. The ambitious building programmes announced around the world when the market was strong have created a huge demand for financing.The shipping sector is highly ...
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Robot offers greener hull cleaning service
European engineers and researchers have developed a robot that is able to remove marine growth from a ship's hull. HISMAR, the Hull Identification System for Marine Autonomous Robotics, was developed under European Union funds and will be unveiled at SMM in Hamburg, Germany next week."Marine growth on ships is a ...
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Daewoo bidders look for foreign partners
Conflicting directions given by the financial authorities are creating confusion for bidders of Daewoo Shipbuilding & Marine Engineering (DSME). After Korea Development Bank (KDB), the main creditor of DSME, changed its stance Thursday, saying that foreign investors may bid for the shipbuilder that is estimated to fetch up to five ...
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Shipyard to boost capacity
Dalian Shipbuilding Industry, one of China's biggest shipyards, plans to boost production from this year's 3 million dwt to 10 million dwt by 2020. DSIC expects sales of 17 billion yuan this year from its ships including tankers, chemical and product carriers, containerships, LPG and LNG and engineering and offshore ...
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NCL casts doubts over its F3 project
Reports are emerging that there are signs of a significant dispute between Norwegian Cruise Line and Aker Yards France, the shipyard that's building NCL's innovative new F3 series of ships. The dispute, according to the report, could cause major delay in the delivery of the first of two as-yet-unnamed ships. ...
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Another Marin Teknikk design for Gulmar Offshore
The naval architect firm of Marin Teknikk in Norway has secured a new contract with a Korean shipyard for delivery of design and engineering package for two new MT 6024 support vessels for Gulmar Offshore Middle East LLC in Dubai, UAE.The multipurpose offshore construction and diving support vessels were designed ...
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IHIMU shares its F56 design with Turkish yard
Japan?s IHI Marine United is to provide a Turkish shipyard with the design of its 56,000 dwt bulker "Future 56 (F56)" along with related materials and components in a deal arranged by a Japanese trading house. This is the third yard to receive details of IHIMU?s popular Handymax after Vinashin ...
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Samsung ups target
Samsung Heavy Industries has received a 633.4 billion won ($567.8 million) order from Europe and said it would raise its order target for 2008 by more than 30%. The South Korean shipbuilder said in a statement that Britain's Flex LNG had ordered an LNG FPSO facility, which is scheduled for ...
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Malta to release shipyard privatisation statement
The government of Malta is to issue an official statement regarding its call for expression of interest in the privatization of The Malta Shipyards. The bid closed yesterday and prospective buyers were able to submit their interest for appraisal as of last August 11. Within the next two weeks a ...
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EU promises speedy response on Polish plan
The EU has promised a swift decision on whether to approve Polish government rescue plans for two shipyards where thousands of jobs are at stake. "My people are doing their utmost to be as quick as possible," EU Competition Commissioner Neelie Kroes told a delegation of shipyard workers. "The most ...
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Harmful ships' paint systems outlawed
An international convention banning the use of organotins and other harmful substances in anti-fouling paints applied on ships' hulls enters into force on 17 September 2008. The International Convention on the Control of Harmful Anti-Fouling Systems on Ships (AFS Convention) was adopted on 5 October 2001 by IMO and the ...
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Ship owners will be liable for pollution damage
An international agreement covering liability for bunker spills comes into force in November when ship owners will be liable for pollution damage. The IMO's Convention on Civil Liability for Bunker Oil Pollution 2001 was ratified by the required number of IMO member states on 21 November 2007, allowing it to ...
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Alfa Laval wins Russian power order
Alfa Laval, a leading company in heat transfer, centrifugal separation and fluid handling, has received an order for plate heat exchangers from a company in the Russian power industry. The order value is about SEK 50 million and delivery is scheduled for 2009."Some 50% of Alfa Laval?s order intake during ...
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Challenges pile up for China?s shipyards
Zhang Guangqin, chairman of the China Association of the National Shipbuilding Industry (CANSI), has emphasized that the domestic shipping sector in China faces many formidable challenges. Chinese shipbuilders have to face escalating raw material and labour costs. In addition, it will be hard for China's shipbuilders to win European orders ...
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Petrobras orders FPSOs galore
The Brazilian state owned oil company Petrobras has revealed plans to purchase ten newbuild FPSOs. Eight of the vessels would be built domestically at the Rio Grande Shipyard in Southern Brazil. All the newbuilding will be capable of operating in waters up to 3,000 metres in depth, and will be ...
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BHIC signs JV with Turkish shipbuilder
KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) has proposed entering into a joint venture in Malaysia with Turkey?s Yonca-Onuk Savunma Sanyii AS shipyard to build vessels for the government and private customers. BHIC said the JV aimed to be ready for production of the vessels in Malaysia next year ...
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BV opens yacht expertise centre
The French classification society Bureau Veritas (BV) has opened a Yacht Technical Office in Genoa, Italy. It provides a centre of expertise for all issues relating to the construction, classification and statutory certification of mega yachts.Maxime Pachot, manager of the Yacht Technical Office, says, "The technical issues which face yacht ...
