Latest News – Page 838
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GOGL declares Kamsarmax options
Golden Ocean Group Limited (GOGL) has declared the options to purchase two Kamsarmax vessels at Zhoushan Jinhaiwan Shipyard (Jinhaiwan) in China. The 80,000 DWT vessels will be delivered during 2011 and are ?sister vessels? of the series ordered in October 2007. The delivered cost for the vessels is estimated to ...
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Aker delivers Viking XPRS
Aker Yards recently delivered a 34,000 gt fast passenger-car ferry named 'Viking XPRS' for Viking Line at a cost of EUR 130 million. The Turku yard built the steel sections which were shipped to Helsinki for assembly and outfitting. The environmentally friendly fast ferry designed to carry passengers and cars ...
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Goldman Sachs to manage Daewoo sale
The state-run Korea Development Bank (KDB) said that Goldman Sachs was chosen to manage the sale of Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipbuilder. The KDB and state-run Korea Asset Management Corp., which hold a combined 50.37% of the shipyard, are seeking to sell their stakes in the ...
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Keel laying at Aker Yards
The keel of a big cruise ferry was laid in Aker Yards, Rauma on 22 April, 2008. The vessel, built under working name ?Cruise 5?will be delivered to Tallink in spring 2009.The vessel worth approx. 180 million euro means 1,700 man years of work for the yard.The newbuilding will be ...
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Austal secures order for fast patrol craft
Following the recent completion of Australia?s 14-vessel Armidale class patrol boat fleet, Austal has won a contract to build six 30 metre aluminium fast patrol craft for the Government of the Republic of Trinidad and Tobago. This significant order includes additional contracts for scheduled & unscheduled maintenance and crew training ...
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Concerns over falling shipbuilding standards
Executives from leading shipping companies, class societies and shipyards are alarmed by falling construction standards in the rush to meet a record demand for new ships. "We have to do something now before it is too late," said George Sarris, managing director of Enterprises Shipping & Trading, manager of one ...
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Jascon 25 undergoes outfitting in Singapore
Sea Trucks' new pipelay/hook-up vessel ?Jascon 25? is undergoing final construction at Kim Heng Marine's shipyard in Singapore. The yard is contracted to build the deck of the pipelayer, while the hull was completed by Nantong Tongde shipyard in China. Jascon 25 is now expected to be delivered to Sea ...
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Ezra takes delivery of Lewek Trogon
Singapore-based Ezra Holdings has taken delivery of an 18,000 bhp anchor handling tug supply (AHTS) vessel ?Lewek Trogon? from Drydocks World Singapore. The newbuild AHTS is equipped with Rolls Royce engines and dynamic positioning capabilities. Construction on the vessel took place at the previous Pan-United shipyard which was acquired by ...
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Canadian warships to get upgrades on both coasts
Two multi-year contracts, worth $760 million in total, to upgrade Canada?s 12 Halifax-class frigates are expected to be announced today at Victoria and Halifax shipyards.Victoria Shipyards, owned by Washington Marine Group, will be refitting Canada?s five west coast-based frigates, and Irving Shipbuilding Inc?s Halifax shipyard will work on the seven ...
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Labour costs rising in Korean yards
Employees at Korea's top three shipbuilding companies receive an annual salary of almost 70 million won according to recent data. Annual salary for workers at Samsung Heavy Industries, Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering went up by an average of 20% from last year, set to exceed ...
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Hyundai to build Korean-designed LNG carrier
Min Keh-sik, vice chairman of Hyundai Heavy Industries, recently said that Russia plans to purchase an LNG ship built with Korean design technology. Although Korea dominates global LNG carrier orders, it has been dependent on foreign companies that own the core technology for the containment systems for LNG. Korean shipbuilders ...
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Golar to provide Dubai with FSRU
Norwegian gas shipper Golar LNG has won a contract worth about $450 million to provide a floating gas storage and regasification unit to Dubai on a 10-year charter. The contract with Dubai Supply Authority includes options to extend for up to a further five years, Golar LNG said. The contract ...
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MSC denies DSME link
MSC Cruises has denied rumours that it is actively helping South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) break into the cruise ship construction business. This follows reports in the Italian press that MCS is looking at options to counter an emerging alliance between Aker Yards and Fincantieri which ...
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CSSC to build China's largest shipyard
China State Shipbuilding Corporation (CSSC) is looking for a site for its south China shipbuilding base, which could become China's largest shipyard when completed. A CSSC field study group has been scouting Guangdong's coastal areas for initial selection of an appropriate site. Jieyang city, with 82 km of coastline, has ...
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Repeat order for VOSTA LMG
A few months ago VOSTA LMG was awarded a contract for the delivery of three hopper barges for dredging and marine contractor Van Oord in the Netherlands. During the execution of this order VOSTA LMG received a repeat order for another three 10.000 m3 hopper barges for Van Oord. Just ...
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Dubai delivers Aker semisub
The hull substructure for the first Aker H-6e semi-submersible offshore drilling rig recently started on a 50 day journey from Dubai to Stord in Norway. Weighing 16,000 tonnes, this is one of the largest drilling rigs to be towed. The hull was constructed by Aker Solutions (the former Aker Kvaerner) ...
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Offshore boosts Schat-Harding order book
Lifeboat and davit manufacturer Schat-Harding has booked orders for lifesaving equipment worth a record breaking NOK300m ($60m) so far in 2008. Over 60% of these orders came from the offshore sector.Ove Roessland, ceo of Schat-Harding says, "We have experienced strong growth in orders for merchant ships and cruise vessels, but ...
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Startek to finalise location for new yard
The Chennai-based Startek Shipyards Pvt Ltd will shortly finalise the location for its second shipyard. Deepak Rao Beedu, executive director, said: "We are looking at Chennai and two other locations south of Chennai. As the discussions are in the final stages, I am not in a position to divulge more."Currently ...
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New ship repair yard in Adana
The Bežiktaž Maritime Group has started the preliminary work for the construction of a shipyard on a 320,000 square meter plot in the southern city of Adana in Turkey. Yavuz Kalkavan, assistant CEO of the Bežiktaž Maritime Group, said that some 100 ships would be able to dock at the ...
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Aker delivers world?s largest
The third in the series of the world?s largest cruise vessels for Royal Caribbean was delivered today at Aker Yards, Turku in Finland. The ?Independence of the Seas? has all of the signature elements of her sister ships ?Freedom of the Seas and ?Liberty of the Seas?, making the Freedom-class ...
