Latest News – Page 843
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EU project prototypes methanol fuel cell for ships
After nearly one and a half years of research and development, the EU-funded METHAPU (Validation of renewable methanol based auxiliary power systems for commercial vessels) project is about to start trials on a prototype of a methanol-based solid oxide fuel cell (SOFC) unit. The prototype will be tried and tested ...
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Rolls-Royce inks MOU with Vinashin
Rolls-Royce has signed a memorandum of understanding (MoU) with Vietnam Shipbuilding Industry Group (Vinashin) in Hanoi with the aim to help develop Vietnam's fast-growing marine industry. The scope of the partnership will include identifying potential strategic partners for development of shared business interests, which include the delivery of propulsion systems ...
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Wärtsilä and IMO AB sign global service agreement
Wärtsilä has signed a global service agreement with the leading screw pump manufacturer IMO AB of Sweden to establish a stronger after-sales network for IMO's complete product range. The cooperation agreement signed in February will result in an important addition to the range of products and services supported by the ...
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Russian yard eyes expansion plans
Vyborg Shipyard in Russia will start building a new super shipyard that will enable it to build oil tankers and LNG carriers with deadweight of more than 170,000 tonnes making it the only shipyard in the country with this capacity. The company?s plan is to build the new shipyard by ...
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Coastal poised to clinch OSV orders
Malaysian shipbuilder Coastal Contracts Bhd expects to secure a further $126 million worth of new offshore support vessels (OSV) orders this year, said executive chairman Ng Chin Heng.Ng said the Sabah-based company was in "advanced negotiations" with several potential OSV buyers and was confident of closing these deals soon. In ...
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Bangladesh yard signs export deal
Another Bangladesh shipbuilding company signed a memorandum of understanding with a Dutch firm to supply eight sea-going vessels worth $87 million. Highspeed Shipbuilding & Engineering Co Ltd signed the MoU with Hollander Scholtens (HS), in Groningen, to start construction of the vessels in December this year.Highspeed, specialises in building small ...
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SkySails completes first deep-sea voyage
The world?s first modern multipurpose heavy lift project carrier newbuilding, which uses wind energy as additional propulsion, has successfully completed her two-month maiden voyage last week, after a double transatlantic passage totalling about 12,000 nautical miles. With 8,000 tonnes of general cargo loaded on board, ?Beluga SkySails? safely reached her ...
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Credit crisis affecting shipyard orders
There are growing signs the credit crunch that began with the US housing market is spreading to the world's shipyards. Over the last couple of years order books at most shipyards around the world have grown to a three-year backlog, but the credit crunch is making it harder for some ...
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RR wins breakthrough contract in China
Rolls-Royce has won a £58 million contract to deliver design and equipment systems for two of the world?s most advanced offshore support vessels, a first for the Chinese market. The vessels have been ordered by China Oilfield Services Ltd (COSL) and will operate in support of oil and gas exploration ...
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SCI ABG JV mooted
The Shipping Corporation of India (SCI) may soon forge a mega shipyard JV with India?s leading shipbuilding company ABG Shipyard. Some sources close to the development say that South Korean shipping major STX, which was also initially interested in the project, had lately not been showing much interest, thus paving ...
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CIMC buys stake in Yantai Raffles
Brian Chang, chairman of Yantai Raffles Shipyard Limited (YRSL) has signed an agreement to sell approximately 29.9% of YRSL's issued share capital to China International Marine Containers (Group). The deal, valued at $566m, is slated for completion in third quarter of this year and is conditional upon CIMC obtaining necessary ...
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Hanjin looks at safety
Following a spate of fatal accidents at the shipyard of Hanjin Heavy Industries and Construction Co. in Subic, Philippines, the shipbuilder decided to form a special committee that would monitor compliance of its subcontractors with international safety standards in shipbuilding works."We will try to level up safety awareness of all ...
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Tyne hopes for return to shipbuilding
The managing director of A&P Tyne in the UK, Dave Skentelbery, recently said: "We have the ability to build new ships. The skills are still on the river. There are projects with potential and if the right opportunity comes along, then it?s something we will consider doing. Over recent years ...
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ASL Marine wins deals
Singapore shipyard ASL Marine has won three shipbuilding contracts worth S$126 million ($91.1 million). The three ships will be delivered in 2010.The first contract with Belgian group DEME is for a self-propelled cutter suction dredger with a barge loading facility and a total installed power of about 13,000 kW. The ...
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Vinashin bags $2bn shipping contracts
The Viet Nam Shipbuilding Industry Group (Vinashin) has signed 22 contracts worth $2bn for shipbuilding, maritime transportation, developing ancillary industries for Viet Nam?s shipping fleet and financing and insurance, reports the Vietnam News Service.The contracts, signed at the Vietship shipping exhibition in Hanoi, include the construction of 16 cargo vessels ...
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Late delivery costs Halifax second order
The late delivery of a new cruise ship under construction for an American owner at the Irving-owned Halifax Shipyard in Canada has caused the cancellation of a summer sailing schedule and led to a decision not to have a second ship built in Halifax.Charles Robertson, president of Pearl Seas Cruises ...
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MHI predicts smooth sailing
Japan's Mitsubishi Heavy Industries (MHI) aims to more than double earnings from its shipbuilding operations next fiscal year. Operating profit at the Tokyo-based company's shipbuilding and marine business is expected to climb to about 10bn yen ($97.7m) in the financial year starting April 1 from an estimated 4 bn yen ...
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Daewoo sees lower LNGC demand
Daewoo Shipbuilding and Marine Engineering (DSME) expects demand for LNG carriers to slow this year because of delays in LNG projects. Daewoo may get orders for between 10 and 15 LNG carriers in 2008, Park Jae Sung, manager of the company's gas-carrier marketing team, said at the Gastech conference in ...
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Vietnam building largest boxships to date
Six container vessels are being built with Germanischer Lloyd (GL) class at Ha Long Shipyard and Bach Dang Shipyard. The contract signings for three 1,730 TEU and two 1,800 TEU container vessels from Halong Shipyard and one 1,730 TEU containervessel from Bach Dang Shipyard have been celebrated at VietShip. It ...
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ABS, Polish Register sign cooperative agreement
Christopher J. Wiernicki, President and Chief Operating Officer of ABS and Dr. Jan Jankowski, President of the Board, Polish Register of Shipping (Polski Rejestr Statkow) have signed a wide-ranging cooperative agreement that will see the two class societies offering dual class services and exploring other areas of mutual interest. It ...
