Latest News – Page 845
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News
ASRY Offshore Services.
The Arab Ship Building and Repair Yard (ASRY)in Bahrain has formed a new operating company to be called ASRY Offshore Services, (AOS). ASRY has over recent years seen a rapid growth in the offshore markets in the AG region and based on its own track record and expertise in the ...
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BIW building DDG 1000 lead ship
The U.S. Navy has awarded Bath Iron Works (BIW), a subsidiary of General Dynamics (NYSE: GD), a $1.4 billion contract to build ZUMWALT (DDG 1000). The ship is scheduled to be delivered to the Navy in 2014. The ZUMWALT class of ships represents the Navy?s next generation of multi-mission surface ...
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Jotun lands its biggest contract
The new year has brought good news to JCMC (Jotun COSCO Marine Coatings). Earlier this year in January, JCMC signed a paint contract for 80 vessels to be built at Dayang Shipyard. This is not only the first newbuilding contract Jotun China secured in 2008, but also the biggest contract ...
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Teesside shipyard re-opens
A £300 million contract awarded to Tees Alliance Group promises to bring a new lease of life to the Haverton Hill shipyard near Billingham, Teesside in England and will create up to 800 skilled jobs. The first steel cutting got under way to build two state of the art drilling ...
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Dae Sun dumps contract
Dae Sun Shipbuilding & Engineering (DSSE) has cancelled a contract with an unidentified Asian shipowner for the construction of six 32,000-dwt bulkers plus two on option. It blamed the owner's failure to pay the down payment within the fixed time limit under the contract. It gave no further details. This ...
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GPA to design WSF ferries
Seattle-based naval architect firm Guido Perla & Associates (GPA) has signed a contract with Todd Pacific Shipyards Corporation to provide the design of a new 144 car ferry ordered by Washington State Ferries (WSF). Todd Pacific Shipyard, in conjunction with its major subcontractor J.M. Martinac Shipbuilding Corporation, will be building ...
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Workers galore needed for Mindanao shipyard
South Korea?s Hanjin Heavy Industries needs 40,000 workers over the next few years to construct and operate their $2 billion shipyard in Tagoloan, on the island of Mindanao in the Philippines. "Hanjin officials prefer untrained applicants so they can be properly trained the Hanjin standards," said Pacifico Pupos, Jr., presidential ...
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Wartsila acquires Maritime Service
Wartsila has acquired the Norwegian company Maritime Service AS, which specializes in ship service, mechanical and reconditioning services. Maritime Service has its operations in Alesund, on the west coast of Norway. Maritime Service is well-positioned within fishery segment and has promising business potential in the ferry and off-shore vessel ...
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SCI in rumoured JV talks with STX
State-run Shipping Corp. of India Ltd (SCI), the county?s biggest shipping firm by fleet size and revenues, is in talks with South Korean shipbuilder STX Shipbuilding Co. Ltd for a joint venture as India looks to scale up its shipbuilding capacity to tap into a global shipbuilding boom. "SCI has ...
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RCCL considering Freedom number four
Aker Yards and Royal Caribbean Cruises Ltd (RCCL) have reached an understanding regarding the basis on which RCCL will order a fourth ship in the Freedom class, currently the world's largest cruise ship. The vessel would be delivered in the second half of 2011 and the placement of the order ...
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Seatruck orders ro-ro quartet
In a new phase of its major fleet expansion, freight-only specialist Seatruck Ferries in the UK has placed an order for four new generation ro-ro vessels with the German shipbuilder FSG (Flensburger Schiffbau Gesellschaft).These advanced vessels have a groundbreaking four-deck configuration. The design provides 151 trailer spaces in a hull ...
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FSG secures two ro-ro contracts
Flensburger Schiffbau-Gesellschaft (FSG) further strengthens its leading position on the RoRo market by securing two contracts for the building of seven ships in total. As a result of these new orders, production at Flensburger is ensured for the next 5 years.This represents a record in company history. With these orders ...
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Hyundai Mipo wins massive orders
Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has received two orders valued at KRW 570 billion ($602 million) to build eight vessels, including four petrochemicals carriers.
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Beluga eyes bigger kite
German-based Beluga Shipping GmbH says fuel savings achieved by using a kite propulsion system during its first ever commercial voyage are in line with expectations, and that it anticipates increased efficiencies in the future. The 132 metre long Beluga SkySails completed its maiden voyage using a 160-square-metre kite developed by ...
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Slower sailing potential curtailed
Major container shipping lines that are embarking on slow steaming schemes to cut fuel cost have come up against obstacles preventing them from reaping the full benefits. Several major container shipping lines recently decided to deploy extra vessels on key routes in order to be able to cut sailing speeds ...
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Norwegian owner first to use Newbuildcon
An undisclosed Norwegian owner has become the first shipowner to use BIMCO?s newly launched global shipbuilding contract, which is believed to have been signed this month with a Chinese yard. Under the first Newbuildcon deal, Singapore was chosen as the jurisdiction, and English law the applicable law. "Chinese shipbuilders are ...
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HHI inks deal for offshore facility
Hyundai Heavy Industries (HHI) has clinched a $1.6 billion deal to build an oil platform in Nigeria. The deal with Elf Petroleum Nigeria Ltd., a subsidiary of France-based Total SA, calls on HHI to build the FPSO by October 2011. The FPSO will be deployed in a massive oil field ...
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Höegh LNG and CB&I Lummus in LNG FPSO partnership
Höegh LNG and CB&I Lummus have concluded a strategic and exclusive agreement for the next phase of Höegh LNG's FPSO project. The agreement formally ties the parties for a period of 2 years, where Höegh LNG will have exclusive rights to CB&I Lummus' patented "Niche LNG" liquefaction technology for its ...
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Bourbon orders ten GPA IMR vessels
Seattle based naval architecture firm Guido Perla & Associates, Inc. has signed a contract with Paris-based Bourbon to deliver the concept design, regulatory package, and final design for 10 GPA 696 IMR vessels. At 100 m overall length and 21 m maximum breadth, the GPA 696 IMR (inspection, maintenance and ...
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ABG Shipyard delivers Lamnalco AHTS
ABG Shipyard in India has delivered a new Anchor handling tug supply (AHTS) vessel `Lamnalco Mallard` to the owner Lamnalco Group, UAE. The newbuilding is the third vessel to be delivered to Lamnalco in this financial year. The company has so far delivered 8 vessels, including the present one, to ...
