Latest News – Page 860

  • News

    Floating NPP for Arctic

    2007-10-22T00:00:00Z

    Rosenergoatom, the Russian state concern for electrical and heat energy production in nuclear power plants, is promoting floating nuclear power plants (NPP) for energy supply for Arctic oil- and gas drilling platforms. Instead of using gas to produce electricity for the platform, one floating NPP can ensure needed power supply.A ...

  • News

    India wins DOF order for PSVs

    2007-10-22T00:00:00Z

    Norwegian offshore vessels operator DOF ASA has awarded the Indian shipbuilder Cochin Shipyard Ltd a newbuilding contract for two platform supply vessels (PSVs). The NOK245m contract ($46 million) covers two PSVs of Aker PSV 09 CD design scheduled for delivery in May and September 2010. One of the ships will ...

  • News

    Tognum expands through acquisition

    2007-10-22T00:00:00Z

    The Tognum subsidiary MTU Friedrichshafen today signed a contract with theDr. Gies group of companies on the complete acquisition of SKL Motor GmbH in Magdeburg. At the contract signing, Tognum CEO Volker Heuer stated: ???With the purchase of SKL Motor GmbH, Tognum is effectively continuing its growth strategy in the ...

  • News

    Flex LNG orders third ship

    2007-10-22T00:00:00Z

    Flex LNG Ltd. in Norway has ordered a third 90,000 m3 SPB LNG vessel from Samsung Heavy Industries. It is of identical design to the two ordered back in March 2007 and is based on the construction of its innovative M-Flex design. Short for Medium-sized, flexible LNG carriers, the M-Flex ...

  • News

    Davie to build two well intervention vessels

    2007-10-19T00:00:00Z

    Davie Yards in Canada has entered into a Memorandum of Understanding (MoU) with an unspecified Norwegian customer for construction of two 130 metre well intervention vessels. The total contract price for the two ships is estimated to be approximately C$380 million ($393 million) subject to final contract negotiations. The vessels ...

  • News

    Keppel secures tug orders

    2007-10-19T00:00:00Z

    Keppel Nantong Shipyard Co. Ltd., a wholly owned subsidiary of Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M), secured three contracts worth approximately $75.3 million, including owner-furnished equipment, to build eight tugs.The first contract is with Smit Internationale Beheer B.V. to build two 90-tonne bollard pull offshore support tugs. These ...

  • News

    Saigon Shipyard rides offshore boom

    2007-10-18T00:00:00Z

    Ezra Holdings Ltd.'s wholly-owned Saigon Shipyard Ltd., which is held via Ezra's wholly-owned HCM Logistics Ltd., marked its successful break into the offshore fabrication market with the recent award of a fabrication and assembly contract worth $130.2 million. Part of the contract includes offshore transportation, installation and commissioning work in ...

  • News

    Poland to sell Gdansk shipyard

    2007-10-18T00:00:00Z

    Poland's Gdansk shipyard will be sold to Ukrainian firm Donbass in a $400 million deal to avoid bankruptcy, the head of the yard said. The yard has been under threat since the European Union demanded that it cut capacity or repay an estimated 1.3 billion euros ($1.8 billion) in state ...

  • News

    Fjellstrand bags Havila PSV

    2007-10-18T00:00:00Z

    Havila Shipping ASA has through Havila Shipping Pte Ltd in Singapore entered into a contract with Fjellstrand Verft for building of a platform supply vessel (PSV) called Havyard 832 CD. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA. Delivery is scheduled during autumn 2009, ...

  • News

    Dolphin to buy shipyards

    2007-10-18T00:00:00Z

    Mumbai-based Dolphin Offshore Enterprises (India) Ltd (Dolphin), which provides offshore and onshore integrated services to the oil and gas industry, is foraying into shipbuilding. It has earmarked an investment of just over $100 million for the project and is eyeing two existing shipyards on the West Coast for acquisition.Gujarat Maritime ...

  • News

    Costa orders two more from Fincantieri

    2007-10-18T00:00:00Z

    The Italian cruise line Costa Crociere has signed an order with Fincantieri for two new 114,200gt cruise ships to be delivered in 2011 and 2012 at an all-in cost of approximately ??¬1bn ($1.43 million). The two newbuildings will be constructed at Fincantieri's Marghera yard and will be sisters to ???Costa ...

  • News

    Swissco expands fleet with four more vessels

    2007-10-18T00:00:00Z

    Swissco Offshore Pte Ltd, the wholly owned subsidiary of Singapore-based Swissco International Ltd, has placed orders for four new vessels to add to its growing fleet of offshore support vessels, at a cost of S$11.2m ($7.7 million) including ownersupplied items. Out of the four vessels that have been ordered, the ...

  • News

    Rickmers orders ten newbuilds

    2007-10-18T00:00:00Z

    Rickmers-Linie, the Hamburg-based specialist in the global transportation of break-bulk, heavy-lift and project cargo, has ordered ten new purpose-built multipurpose vessels, which are to be added to its fleet between 2009 and 2011. All ten will be built by Chinese shipyards and are to be deployed in Rickmers-Linie???s worldwide services, ...

  • News

    Iran needs 40 LNG carriers

    2007-10-16T00:00:00Z

    Mohammad Suri, National Iranian Tanker Company???s (NITC) managing director, said the country would produce over 80 million tons of LNG per annum in the near future and 40 LNG carriers would be required to transport some of the product. Suri said that Iran would sign a trilateral contract on the ...

  • News

    Bharati wins new order

    2007-10-16T00:00:00Z

    Bharati Shipyard received an $89 million order from Shippping Corporation of India for the construction of four AHTS vessels for delivery in 2011. Including the latest order, the shipbuilder has now announced orders worth approx $408 million over the last six months, primarily for offshore supply vessels, reiterating Bharati's strong ...

  • News

    Orissa to have mega shipbuilding factory

    2007-10-16T00:00:00Z

    Orissa, in the North East of India, is all set to have a shipbuilding factory at Charidiha near Dhamra mouth in Bhadrak district of the State. It will be the first such private sector venture in eastern India. The Apeejay Surrendra Group and Bharati Shipyard Limited would set up the ...

  • News

    China Merchants Energy gets nod for six tankers

    2007-10-16T00:00:00Z

    The National Development and Reform Commission permitted the leading Chinese tanker operator, China Merchants Energy Shipping Co., Ltd. (CMES) to buy six oil tankers via overseas investment. In April, CMES signed an agreement in Shenzhen with Dalian Shipbuilding to build two 300,00 DWT VLCCs and two 110,000 DWT tankers for ...

  • News

    Coastal wins OSV quartet

    2007-10-16T00:00:00Z

    Coastal Contracts Bhd, the Sandakan-based company in Malaysia, said that its wholly owned subsidiary Thaumas Marine Ltd had clinched its largest newbuildings order worth $108 million boosting its order book to $223 million. The order consists of four offshore support vessels placed by Singapore's Kreuz Engineering Ltd, a subsidiary of ...

  • News

    AY-LCS expands voyage repair with SRC

    2007-10-16T00:00:00Z

    Aker Yards and Estonian Shiprepair and Conversion group SRC Group O?? have concluded an agreement combining Aker Yards Lifecycle Services's (A-LCS) & SRC Group's strengths to start offering the premium voyage repair service for shipping companies operating in the North Baltic Sea area.According to the agreement, the two companies will ...

  • News

    CDL chasing navy and civil jobs

    2007-10-11T00:00:00Z

    Sri Lanka's Colombo Dockyard Ltd (CDL), the island's sole listed shipbuilder, is bidding for three new local ship building contracts, including one from the navy where it has tied up with a Croatian yard, officials said. The yard, a subsidiary of Japan's Onomichi Dockyard Co. which provides management and technical ...