Latest News – Page 851
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ASL Marine secures seven orders
Singapore-based ASL Marine Holdings Ltd. which owns shipyards in Singapore, Batam(Indonesia) and Guangdong (China), secured new shipbuilding contracts worth S$96 million ($67 million) for the construction of seven vessels. The seven vessels include two emergency response and rescue vessels, one water injection dredger and four 80-ton bollard pull rotor tug ...
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R-R alliance wins USN contract
A strategic alliance between Rolls-Royce and UCT Coatings Inc. is bringing new technology to the marine market and is about to start work on a $7m U.S. Navy research contract. The contract, placed with Rolls-Royce, will evaluate UCT?s patented UltraCem nickel boron coatings on naval propulsion systems such as propellers ...
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Siem orders two more AHTSs
Siem Offshore Inc. in Norway has signed contracts for two large and environmentally friendly anchor handling vessels (AHTS) with Norwegian shipbuilding group Kleven Maritime. Kleven Verft in Ulsteinvik, Norway, in cooperation with its sister yard Myklebust Verft in Gursken, Norway, will deliver the vessels in October and December 2010. The ...
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Global fuel payment solution for shipping industry
Lloyd?s Register North America, Inc., U.S. Bancorp, and Resurgence Software have collaborated to create the patent pending Voyager Maritime Payment Solution, a seamless, secure, and quality-assured method of acquiring and financing fuels. Voyager offers both buyers and suppliers fuel-oil-supply quality and confidence end to end, standardized contracts and procurement procedures, ...
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Japan to create mega shipyard
Japanese heavy machinery maker IHI Corp. and steelmaker JFE Holdings Inc. are engaged in talks to merge their shipbuilding operations to create the world's sixth largest shipbuilder. JFE, the world's third-biggest steelmaker, owns 50% of Universal Shipbuilding Co, Japan's second-biggest shipbuilder. JFE is looking to raise its stake and take ...
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Lift-off for SkySails
The first application of the SkySails towing kite propulsion system on a cargo vessel has been undertaken by Beluga Shipping GmbH. The multi-purpose heavy lift vessel was recently christened ?Beluga SkySails? and is equipped with a kite measuring 160 square metres. Later, when the sail is scaled up to 320 ...
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Trawler launched in UK
A Yarmouth shipbuilding yard recently launched a 19 metre trawler. The vessel, the ?Amethyst?, slid down the slipway at Richards Dry Dock & Engineering (RDDE) in Great Yarmouth, England, and will soon be towed to Macduff in Scotland to be fitted out.Construction work has already begun on a second, larger ...
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Damen starts JV in UAE
Damen Shipyards Group has purchased 49% of the shares of Albwardy Marine Engineering (AME), Dubai, UAE. AME is active in ship repair, shipbuilding, repair of offshore units and diving activities and has facilities in Dubai, Fujairah (UAE) and Salalah (Oman). AME employs approximately 780 people, of whom the vast majority ...
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L&T?s shipyard plans get nod from government
With the Tamil Nadu cabinet clearing the project, Larsen and Toubro Ltd (L&T) will move ahead to set up a Rs3,000 crore new shipyard-cum-port project at Kattupalli in Thiruvallur district of Tamil Nadu in India as a special economic zone (SEZ). The state government?s approval came nearly 16 months after ...
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Bharati to build new yard
Mumbai-based Bharati Shipyard is all set to construct a greenfield modern shipyard at Usgaon near the Dabhol port in Maharashtra's Ratnagiri district. The new yard would have the capacity to build vessels up to 100,000 DWT and will be fully operational in next two years. Majority of the machineries and ...
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Hanjin builds shipyard in Mindanao
Korean shipbuilder Hanjin Heavy Industries and Construction Co. has signed a deal to build a $2 billion shipbuilding complex with the Phividec Industrial Authority, the state-run agency tasked to develop industrial sites. The facility will be the largest in the Philippines, even bigger than Hanjin?s $1 billion shipyard complex in ...
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Hyproc plans to order tankers
Hyproc Shipping Co., Algeria's state- owned shipping company, plans to buy enough tankers to carry half the nation's crude-oil production, Oil Minister Chakib Khelil said. Algeria, Africa's fourth-largest oil producer, owns one VLCC and Hyproc chairman Mostefa Mohammedi last year said the company's 25 year old fleet of gas tankers ...
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Wan Hai names newbuilding
The sixth 2,646 TEU containership built by SembCorp Marine?s subsidiary Jurong Shipyard for Taiwan?s Wan Hai Lines was named ?Wan Hai 317?. The newbuilding is one of the largest and most sophisticated of its kind designed and built in Singapore and is the sixth unit of the yards? Jubilee class ...
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NYK orders speed reduction
Another shipping line is looking at reducing sailing speeds as a way of cutting bunker consumption. Koji Miyahara, President of the Japanese NYK Group, has called for a ?rationalization? of Group policy. "A 10% slowdown of voyage speed will produce a more than a 25% saving of fuel oil," he ...
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Hyundai Mipo wins ten product carriers
Hyundai Mipo Dockyard has received an order valued at 433 billion won ($464 million) from an Asian shipping company to build 10 chemical product tankers. The vessels will be delivered by April 2011, the shipbuilder said without naming the buyer. Hyundai Mipo, the world's fourth-biggest shipyard, received a record $6.3 ...
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Cyprus owner chooses X-bow PSVs
Ulstein Design has signed contracts with the Spanish shipyard Astilleros de Sevilla to deliver design and equipment packages for two Ulstein PX105 platform supply vessels. The ships will be built for the shipping company EDT Offshore Ltd, Cyprus and the contract is worth around NOK 240 million. The Ulstein Group ...
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SCI plans to build vessels
The Shipping Corporation of India (SCI), India?s largest liner shipping company, plans to start building ships and is currently in talks with private shipbuilders at home and abroad for a shipyard project that will cost around Rs 4,000 crore ($1.02 billion). "We are negotiating with both Indian shipbuilders as well ...
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Italy proposes European yard merger
Italy's deputy transport minister Cesare De Piccoli said the idea of a merger of Aker Yards ASA with Italy's state-owned shipbuilder Fincantieri SpA is gaining industry and political support. Aker Yards management has hired financial advisers, including JP Morgan, to examine ?strategic alternatives? for the Norwegian shipbuilder after Korea's STX ...
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C&Heavy wins bulker order
South Korean shipbuilder C&Heavy Industries has won a 99.5 billion won ($106.2 million) order for two bulk ships from an unidentified European company. Both newbuildings are scheduled for delivery by September 2011.
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China?s first deep-water rig
Shanghai Waigaoqiao Shipbuilding (SWS) has won the contract to build China?s first deepwater drilling rig for China National Offshore Oil Corporation (CNOOC) with ABS awarded classification. The rig will be the first built by SWS which is known for building large bulk carriers and FPSOs. The rig is scheduled to ...
