Latest News – Page 834
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Any advance on 22,000 TEUs?
STX Shipbuilding in South Korea reports that it has succeeded in developing a 22,000 TEU containership making it the worlds largest of its type. The containership is 460m in length, 60m in width and 30m in height. To date, according to STX, the world?s largest containership currently in service is ...
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Daewoo to build Oman yard
Daewoo Engineering & Construction Co. has won a 277 billion won ($264 million) order from the Omani government to build a ship repair yard and dry dock complex in southeastern Oman. The deal, signed with Oman's Ministry of National Economy, calls for Daewoo E&C to complete the construction of the ...
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STX to add floating dock
STX Shipbuilding plans to raise capacity at its South Korean yards by 20% this year after adding a second floating dock to meet demand for new vessels. Yards in Busan and Jinhae will be able to handle 60 ships compared with 50 last year, senior vice president Kang Ssang Won ...
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Transpetro launches 2nd phase of tanker order
The shipping arm of Brazil's state oil company Petrobras launched an expanded second phase of its tanker order with planned tenders for 23 vessels, including four Suezmax and three Aframax carriers. The order prospectus for Brazil-based shipyards will be published in the coming weeks, Petrobras unit Transpetro said. The ships ...
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Jurong yard inks another Seadrill semisub
Jurong Shipyard in Singapore, a wholly-owned subsidiary of Sembcorp Marine, has secured a Letter of Intent (LOI) from Seadrill Limited to build a deepwater semi-submersible drilling rig at a turnkey contract value of $640 million. This is a repeat order and the fourth identical newbuild deepwater semi-submersible drilling rig that ...
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Maersk ponders job cuts at Lindo
Danish shipping group AP Moller Maersk is to launch a cost-cutting programme at its Odense shipyard that could jeopardise jobs as it seeks to stem mounting losses. "The shipyard is still operating at a massive loss and is hit hard by the international fluctuations, including the development of the U.S. ...
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Philly yard makes start on first shuttle tanker
Aker American Shipping (AKASA) representative Michelle Pinto started a plasma cutter today to officially begin production of the company?s first shuttle tanker. When this vessel is completed, Aker American Shipping will become the first company in the United States to own a U.S. flag shuttle tanker for use in the ...
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Malta Shipyard's future looks gloomy
As government, the management, and the workers? union blame each other for the failure of the Malta Shipyards to become financially viable, the fate of this state company, one of Malta?s largest employers, remains uncertain. At the end of December 2008, the EU will no longer allow Malta to give ...
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New LNG carrier has training facilities
NYK has taken delivery of a new LNG vessel, Grace Cosmos, which is equipped with training facilities for cadets. It is the first vessel in Japan with such cadet-training facilities. The first group of cadets had been students in the NYK Class at Shanghai Maritime University and boarded Grace Cosmos ...
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Vale inks record VLOC order
Brazilian mining giant Vale is set to recast the world?s seaborne iron ore trade, with the confirmation of an order for 14 giant bulk carriers worth as much as $2 billion. The largest order to date of very large ore carriers (VLOC) is at the centre of Vale?s ambitious plan ...
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Hyundai Mipo wins bulker orders
Hyundai Mipo Dockyard Co., a unit of Hyundai Heavy Industries, has won orders worth a combined 330.7 billion won ($316.6 million) to build eight bulk carriers. Under the contract signed with Asian and European shipping companies, the shipbuilder is slated to deliver the vessels by October 2011.
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Aker joins BMT in Canadian AOPS project
Aker Yards Marine Inc. (AYM) has joined the team assembled by BMT Fleet Technology Limited that has been awarded the definition, engineering, logistics and management support (DELMS) contract for the Canadian Arctic Offshore Patrol Ship (AOPS) project. The Canadian navy will acquire between six and eight ice-capable patrol ships to ...
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Deaths close Tuzla yard
The Selah Shipyard in Istanbul's Tuzla region will be shut down until the safety issues have been properly addressed and rectified. The decision to shut down the shipyard, taken by the provincial labour department, was based on investigations carried out by Labour Ministry inspectors after a succession of fatal incidents. ...
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STX invests in Azerbaijan shipyard
South Korea's STX Group has agreed to build a $430 million shipyard in Azerbaijan with local partners. STX said in a statement that the group would hold a 25% stake in the shipyard and the State Oil Company of Azerbaijan Republic (SOCAR) would own 65%, with the remainder to be ...
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Wärtsilä and Mitsubishi join forces
Wärtsilä Corporation of Finland and Mitsubishi Heavy Industries Ltd of Japan have signed a joint development agreement to design and develop new small, low-speed marine diesel engines of less than 450 mm cylinder bore.The two companies see good business potential in pooling their resources and experience to develop new small ...
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Viability of greenfield yard questioned
The chief executive of Excel Maritime Carriers has called into question the financial health of a new shipbuilder, Korea Shipyard Co. Excel bought out Quintana Maritime and in the process took over an orderbook that included four 180,000 dwt Capesizes at the greenfield site. Excel ce Stamatis Molaris says these ...
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DOF goes to India for newbuilding
Norwegian offshore operator DOF ASA has awarded Tebma Shipyards Limited in India a contract for the construction of a new multi-purpose service vessel (MPSV). The NOK250m vessel will be of the design VS 485, and is scheduled for delivery in April 2010. DOF, headquartered in Storebo, Norway, operates platform supply, ...
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Petrobras embarks on newbuilding binge
Petroleo Brasileiro SA (Petrobras), the state controlled oil producer in Brasil, plans to order 40 drilling ships and platforms worth about $30 billion for delivery by 2017. The deep-water drilling ships and semi-submersible rigs will cost about $750 million each and will explore for oil and gas in seas up ...
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H&W reaches agreement with Harris Pye
An important step forward has been taken by two major players in the marine, oil and gas industries which will provide enhanced competitive and flexible solutions to the offshore industry. Building upon the proven strengths of both companies, Harland and Wolff Heavy Industries in Belfast and the Harris Pye Group ...
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Subic yard delivers first newbuilding
The South Korean shipbuilder Hanjin Heavy Industries has started running sea trials for the first-ever ship built at its $1.6 billion Subic shipyard in Indonesia. Hanjin, whose projects in Subic and Misamis were alleged to have been tainted with anomalies, said the sea trial in the South China Sea is ...
