Latest News – Page 826
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Investor acquires 50% of Turkish yard
The Carlyle Group, which describes itself as a global private equity firm, has acquired a 50% stake in Turkish shipbuilder TVK. TVK was founded in 2005 in the Kocaeli free trade zone to build chemical tankers up to 30,000 dwt and other specialised vessels. Carlyle says that the acquisition will ...
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AP Moeller-Maersk places order for 18 engines
MAN Diesel reports that AP Moeller - Maersk has ordered 18 × MAN B&W 6S80ME-C9 engines for a series of container ships. All of the engines will be built by HHI-EMD, Hyundai?s engine division, with 13 going to Hyundai?s Ship Building Division (HHI-SBD), and the remaining five to Hyundai Samho ...
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Japanese yards report steel delivery delays
Japanese shipyards are reporting difficulties caused by delays in delivery of raw materials. Reports suggest that steel plate is being delayed by four weeks to some yards, though the average delay in steel supplies is said to be around two weeks. The delays in delivery are thought to be as ...
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Island Offshore orders new unit from Aker
Aker Yards has signed a contract with Island Offshore for the building of a well intervention vessel. This will be a near sister ship to the 'Island Wellserver', delivered from Aker Yards earlier this year. Like its sister, it will be built to Rolls-Royce UT 767 CDL design, but with ...
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Shipowners plan their own repair yard in Korea
A consortium of Korean shipping companies has been formed to set up its own shiprepair facility. As Korean shipyards are fully booked with newbuilding orders, most ships have to go to China or Vietnam for repairs or routine maintenance. With the Korean fleet increasing, the problem is likely to become ...
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Largest LNG carrier named in Korea
A ship, said to be the world?s largest LNG vessel, has been named at Samsung Heavy Industry?s (SHI) shipyard on Geoje Island, South Korea.The Lloyd's Register-classed vessel was ordered by the Qatar Gas Transport Company (Nakilat). The ship, named 'Mozah', is the first "Q-Max"-sized vessel with a capacity for 266,000m3, ...
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ABS and Polish Register to extend cooperation
ABS and Polish Register of Shipping (PRS) have announced a multi-year, joint research and development program that will focus on ship dynamic stability in extreme wave conditions and the time variant reliability of aging bulk carriers.Agreement on the R&D projects follows the conclusion of a wide-ranging co-operative accord that was ...
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EU likely to reject Polish shipyard plan
European Union regulators said recently that time was almost up for Poland to make changes to a government rescue package for three ailing shipyards. EU spokesman Jonathan Todd said the Polish government had until today to make changes to its current restructuring plan or the European Commission could decide to ...
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Hanjin wins European bulker order
Hanjin Heavy Industries & Construction has clinched a contract worth 201.1 billion won ($ 194.4 million) from a European shipping company to build two bulk carriers for delivery by December 2010.
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Sembawang secures rock dumping vessel contract
Sembawang Shipyard Pte Ltd, a wholly-owned subsidiary of Sembcorp Marine in Singapore, has secured an S$100 million ($73 million) contract from Dredging, Environmental and Marine Engineering (DEME) to construct a 19,000 dwt DP2 fallpipe vessel for its subsidiary company, Tideway. Tideway is a fast-growing company specialized in offshore dredging, landfall ...
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Aker wins DOF contract
Aker Yards has signed a contract with DOF ASA for building of three Anchor Handling Tug Supply vessels (AHTS). All the vessels will be of Aker Yards' own design and equipped for operations in the Brazilian market. The three ships are scheduled for delivery at the end of 2010, mid ...
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Korea arrests Chinese for ship technology theft
A Chinese inspector sent by a US ship classification society to a South Korean shipyard has been arrested for allegedly stealing key technology, prosecutors said Wednesday.The 35-year-old unidentified man was arrested on 27 June and indicted for stealing technology to manufacture oil drilling ships and platforms, said the prosecutors? office ...
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World?s largest mobile boat hoist
Dubai Maritime City, the world?s first purpose-built maritime centre has successfully assembled and functionally tested the world?s largest mobile boat hoist at its facilities. The hoist capable of lifting 720-tonne vessels will be load-tested in early August 2008 and will be fully operational by October.The hoist will complement Dubai Maritime ...
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Oman plans massive industrial park
The Omani government is laying the ground for the development of a huge industrial hub and free trade zone in Duqm, a remote coastal town on the Arabian Sea. Spread on 24,000 hectares, the industrial park will be adjoining a major port complex that includes a ship repair yard being ...
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Szczecin shipyard close to privatisation
The Polish manufacturer and assembler of welded and bolted steel constructions, Mostostal Chojnice, and Ulstein Verft have been numerous times enumerated as potential investors for the state-owned SSN shipyard in Szczecin. The two companies have now decided to cooperate. "We have signed a letter of intent and we will propose ...
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Samsung to deliver world's first Q-Max
Samsung Heavy Industries will deliver the world?s biggest LNG tanker to Exxon Mobil Corp.?s venture in Qatar in August. The 266,000 m3 tanker, named Mozah, is the first in a 14 ship series and took 15 months to build after the yard cut steel in April 2007 and will be ...
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Run on containership orders in Korea predicted
Maersk?s recent orders for 34 containerships could signal a new round of boxship ordering at Korean yards in the second half of this year, analysts are predicting. On the one hand, container lines have weathered the initial few months of global economic slowdown fears are now betting that trade will ...
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STX wins bulker pair
STX Shipbuilding has won an order worth 122.3 billion won ($117.3 million) from a European shipping company to build two bulk carriers for delivery by April 2011.
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Kailing starts building China?s first cable-layer
Chinese shipbuilding has taken another step towards extending its capabilities with news that Zhejiang Kailing Shipyard is embarking on building the country?s first cable-layer for Zhejiang Zhoushan Electric Power Company. The ship, to be named Zhoudian No.7 is being designed by Zhejiang Seahead Ship Design and Research Institute and will ...
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Samsung wins another drill ship order
Samsung Heavy Industries has received an order to build a drill ship for 739.2 billion won ($705.6 million). The deal with a U.S shipping company calls on Samsung Heavy Industries to deliver the vessel by January 2012.
