Latest News – Page 820
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Macduff gets new slipway
The new £3.9 million slipway unveiled recently at Macduff Harbour in Scotland will safeguard jobs and reverse the decline in the harbour's fortunes. Located at the Macduff shipyard, the new fully-automated facilities will mean improved safety, larger boat capacity, more working space and faster throughput. The previous system, which had ...
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DSME bidding hotting up
Hyundai Heavy Industries Co., the world's largest shipbuilder, is reportedly ready to spend as much as 8.5 trillion won ($7.54 billion) to take over Daewoo Shipbuilding & Marine Engineering Co (DSME). Last week, Hyundai Heavy, POSCO, GS Group and Hanwha Group submitted letters of intent for the acquisition of the ...
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K" Line orders more bulkers from China
Kawasaki Kisen Kaisha ("K" Line) in Japan has ordered three 176,000 dwt Capesize bulk carriers from Shanghai Waigaoqiao Shipbuilding (SWS) for delivery in 2012. "K" Line's goal is to have 100 Capesize vessels in its fleet come fiscal 2013. The firm took delivery of its first SWS Capesize bulker in ...
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Japan's shipping targets offshore market
The Japanese are targeting offshore as a major future source of revenue. Nippon Yusen Kaisha has just announced the establishment of an Offshore Business Group under its Bulk Energy Transport division, starting 1 October. FPSOs, FSOs and FSRUs will all be targeted under this new group in addition to anchor ...
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Croatian yards to be privatized
Six government-owned shipyards will be sold in Croatia before 2009. The yards in question are Brodosplit in Split, Brodotrogir in Trogir, Kraljevica in Kraljevica, Maj in Rijeka, Uljanik in Pula and Viktor Lenac in Martinscica, near Rijeka. A draft of a tender for the yards was drawn up by the ...
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CIMC picks up one third of Yantai
China International Marine Containers (CIMC) is picking up close to one third (29.9 %) of Yantai Raffles Shipyard Ltd. for $327 million, lower than the previously announced 566 million in March 2008. Yantai's Chairman Brian Chang agreed to lower the sale price from $6.92 to $4.00 a share in an ...
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Japan names bulker 'Ship of the Year'
MOL-operated iron ore carrier Brasil Maru has been selected as the Ship of The Year for 2007 by Japan Society of Naval Architects and Ocean Engineers. The selection committee noted that the Brasil Maru is a pioneering vessel in reducing iron ore transport cost which will have a great effect ...
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Latest LCTC joins WWL
The world's largest and most environmentally adapted car and truck carrying ship, Aniara, was named today in Bremerhaven, Germany. Built at the Daewoo Shipbuilding and Marine Engineering yard in Korea, the 71,673 grt newbuilding is the 4th large car and truck carrier ship in a series of 11 LCTC vessels ...
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STX wins two bulk carriers
STX Shipbuilding has won a 129-billion-won ($120 million) deal to build two bulk carriers for an undisclosed European shipping company. Delivery of both vessels is slated by October, 2011.
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Hanjin Heavy secures order for two bulkers
Hanjin Heavy Industries has won a 215 billion won ($200 million) order to build two bulk carriers. The deal with a European shipping company calls for Hanjin Heavy to deliver the vessels by February 2011.
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AVAS approves German company
The Authority for State Assets Recovery (AVAS) in Romania agreed to the association of the Mangalia Shipyard with German company Lurssen Lar Investment. The association is the last stage provided by the 'restructuring programme' approved by AVAS for the Mangalia Shipyard. According to the authority, this programme was necessary in ...
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New Caledonia ferry launched
The FBMA Marine Inc. shipyard in Balamban, Cebu, Philippines, recently launched a 57-metre car and passenger high-speed vessel ordered by the government of New Caledonia, a French territory. President Neko Hnepeune of the Loyalty Islands Province government and President Philippe Gomes of the Southern Province government, the two provinces of ...
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Lind? puts Loksa yard up for sale
As part of the ongoing efficiency drive, Odense Steel Shipyard Ltd. A/S (Lind?)in Denmark has put Loksa Shipyard Ltd. in Estonia up for sale. Loksa Shipyard became part of the Odense Steel Shipyard Group in 1994 and is now one of the world?s leading manufacturers of hatch covers. In addition, ...
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AET orders Russian product tankers using Newbuildcon
Tanker owner-operator AET, a wholly owned subsidiary of MISC Berhad in Malaysia, has ordered three 6,600 DWT oil/chemical tankers from Russia?s Okskaya Shipyard using BIMCO?s Newbuildcon standard newbuilding contract. The contract for the new tankers was signed on 28 August, with the vessels due for delivery between July and December ...
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STX wins Maersk VLCC quartet
Danish shipping and oil group A.P. Moller-Maersk has placed an order for four VLCCs with South Korea's STX Shipbuilding. The contract includes an option for two more ships.
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Austal Tasmania delivers first ferries
The first vessels to be completed at Austal?s Tasmanian shipyard have commenced their 14 day delivery voyage to Hong Kong via the east coast of Australia onboard the heavy liftship "Pantanal"The two 47.5 metre high speed passenger catamarans, built for New World First Ferry (Macau), are scheduled to enter service ...
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Work at Gisan suspended
The activities of Gisan Shipyard in Tuzla district of Istanbul were suspended after three workers died in an accident. Labour & Social Security Ministry Istanbul Department's Commission decided to suspend the activities of Gisan for 20 days. Three workers died and 12 others were wounded in an accident at the ...
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Todd gets aircraft carrier contract
Todd Shipyards Corp., which provides repair work for US government ships, has won a five-year contract from the US Navy to overhaul and maintain four aircraft carriers in the Puget Sound. The company said the total value of the contract, which consists of multiple options, would not be known until ...
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Acquisition of Vik-Sandvik closed
Wartsila has received all relevant regulatory approvals in Norway for the acquisition of the ship design group Vik-Sandvik. The acquisition has now been closed for Vik-Sandvik?s Norwegian companies Vik-Sandvik AS, Vik-Sandvik Marine Services AS and Skipkonsulent AS, which form the substance of the acquisition. Wartsila announced in the beginning of ...
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RR waterjet services agreement with ADSB
Rolls-Royce has strengthened its relationship with leading Middle East shipbuilder Abu Dhabi Ship Building (ADSB) though a new agreement which will further improve customer service for Kamewa waterjets in the Arabian Gulf region. The agreement, signed in Abu Dhabi on 20 August, is the third services-related venture to be announced ...
