Latest News – Page 850
-
News
VSNI and HME merge
The VNSI (Netherlands? Shipbuilding Industry Association) and HME (Holland Marine Equipment Association) have combined their representative activities into a new association called ?Scheepsbouw Nederland? (Holland Shipbuilding Association) which will be based in Zoetermeer, the Netherlands. The Holland Shipbuilding Association (HAS) represents about 400 members with a total maritime turnover of ...
-
News
Aussie yard ventures into Mexico
Henderson-based shipbuilder Strategic Marine in Western Australia will open its first shipyard in the Americas later this year following a successful joint venture bid with Servicios Navales E Industriales S.A. DE C.V. (SENI) to build two 52 metre aluminum crew boats for Arrendadora Ocean Mexicana S.A. de CV (Blue Marine ...
-
News
Oman to build new repair yard
South Korea?s largest construction company, Daewoo Engineering & Construction (Daewoo E&C) has clinched a $443-million contract to build a shipyard in Oman jointly with an Oman-based builder. The ship repair yard is to be built in the port of Duqm on the southeastern coast of Oman. Daewoo E&C holds a ...
-
News
STX to set up Vietnam facility
South Korea's STX Group plans to set up a manufacturing base in Vietnam, investing $150 million by 2015, to expand its offshore plant business. STX Group's three subsidiaries, STX Corp , STX Shipbuilding Co and STX Engine, will invest in the project. The group won the Vietnamese government's approval to ...
-
News
ACL announces big order
American Commercial Lines (ACL), an integrated marine transportation and services company, has entered into a six-year, $100 million, multi-vessel contract with a major customer, to build both liquid and dry cargo barges. The company, which operates America?s largest single-site inland shipbuilding and repair yard on the Ohio River in Jeffersonville, ...
-
News
Varun plans fleet expansion
Mumbai-based Varun Shipping Co Ltd plans to spend $400 million during 2008 to expand its fleet, with focus on the offshore sector as well as tankers and gas carriers, according to a senior official of the company.The firm, which has four AHTS vessels and 16 oil, gas and product carriers, ...
-
News
Cosco wins shuttle tanker contracts
COSCO Shipyard Group has received newbuilding contracts worth $422million. One contract for $172 million is to build two shuttle tankers which are slated for delivery in 2010 and 2011. The Chinese shipbuilder has also won several conversion contracts worth $250 million from various customers to convert oil tankers to bulk ...
-
News
Gibraltar yard aborts super yacht investment
Gibraltar ship repairer Cammell Laird (Gibraltar) Ltd, which in December 2005 announced a £20 million investment in its repair yard to expand its super yacht activities, has totally changed its strategy. A company spokesman said the yard is no longer pursuing any transition to mega yacht work and, instead, it ...
-
News
Neste welcomes strict criteria for biofuels
Neste Oil in welcomes the transport biofuels targets and the strict environmental sustainability criteria for biofuels proposed by the European Commission. The Finnish oil company agrees that no feedstocks should be permitted if obtained from high-biodiversity land (forest with no significant human intervention) or land with high carbon stock (e.g. ...
-
News
Vosta LMG barges for Van Oord
VOSTA LMG in The Netherlands has been awarded a contract for the delivery of a complete engineering and component package for three hopper barges for Van Oord.The order consists of the design and engineering of 10,000 m3 hopper barges, including the delivery of the bottom doors, electrical, and hydraulic installations. ...
-
News
Siem orders another PSV
Siem Offshore Inc in Norway has, through its 51% owned subsidiary Siem Meling Offshore DA, entered into an agreement to acquire a shipbuilding contract for a large-size PSV vessel. The contract price is approximately $57 million and the vessel is scheduled for delivery in first quarter 2009 from Eidsvik yard ...
-
News
MAN welcomes new Chinese licensee
MAN Diesel has added another member to its family of two-stroke licensees with the signing of a contract with Zhenjiang CME Co., Ltd. (ZJCME), the Chinese engine manufacturer. The new licensee is a subsidiary of the giant, state-owned China State Shipbuilding Corporation (CSSC) industrial conglomerate. ZJCME already holds a four-stroke ...
-
News
Pakistan to upgrade Karachi shipyard
The Pakistan government has decided to upgrade the basic infrastructure for construction of commercial cargo ships and warships, including F-22 P frigates, in Karachi. The government has allocated Rs 483.42 million for the fiscal year 2007-08 and, in view of its strategic importance, it has already dropped Karachi Shipyard & ...
-
News
CSL in multi PSVs orders
The Cochin Shipyard CSL) in India has received orders worth over Rs 2,000 crore for constructing 21 platform supply vessels for European and American clients. The vessels are scheduled for delivery in two to three years.
-
News
COSCO to expand rig-building capacity
COSCO has signed an agreement with the Jiangsu Qidong municipal government to expand its rig-building capacity. The new yard will be located at the entrance of the Yangtze River and will cover an area of two million square metres. The yard will focus on offshore projects, including the construction of ...
-
News
BAE and Tenix join forces
British company BAE Systems has struck a $775 million takeover deal with one of Australia's biggest defence firms, Tenix Defence. The deal, which would make BAE the largest supplier to the Australian Defence Force, is subject to foreign investment and competition approvals.BAE Systems Australia chief executive Jim McDowell says the ...
-
News
HHI to build another yard in Kunsan
Hyundai Heavy Industries (HHI) announced that it will construct its No.2 shipyard in Kunsan city, Chollabuk-do. The new shipyard will be equipped with a newbuilding dock and an outfitting basin at a cost of 407.2 billion won and is scheduled to go into operation by January 2010. Details of the ...
-
News
Cosco expands rig-building capacity
Cosco Corp (Singapore) said its 51% owned unit Cosco Shipyard Group will build a new yard in China that will focus on rigs and other oil and gas-related vessels. Work on the yard in Jiangsu Province near the entrance of the Yangtze River will begin immediately with the first phase ...
-
News
Hyundai upgrades yard
Hyundai Heavy Industries will spend 407.2 billion won ($435.6 million) building docks and other facilities at its Kunsan shipyard, southwest of Seoul, South Korea. The investment would be made by January, 2010 as it is expanding capacity to meet rising demand. Hyundai is aiming to secure $27.4 billion worth of ...
-
News
Vyborg signs contract with Samsung
Vyborg Shipyard in north-west Russia and the South Korean company Samsung Heavy Industries have signed a contract to supply ready-to-install topsides of semi-submersible drilling rigs to LLC Gazflot, an exploration and ship owing company and part of the Gazprom group. Under the contract, Vyborg will build two sets of topsides ...
