Latest News – Page 872
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Russia merges two state shipping companies
President Vladimir Putin has signed a decree merging the country's top energy shipping companies in a move to create a $5 billion national shipping giant and help develop the country's huge offshore oil and gas projects.Russia has been seeking to merge Sovcomflot and Novoship for several years, in line with ...
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Largest Vietnam cargo ships handed over to Graig
The Vietnam Shipbuilding Industry Corporation (Vinashin) recently delivered a 53,000 dwt bulk carrier, the largest ever built in Vietnam, to its UK owner in northern Quang Ninh province. Named ?Florence?, the newbuilding is the first among 27 vessels built under the contract between the UK's Graig Investment Limited and two ...
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Adelaide gets navy contracts
Adelaide in South Australia will become the home of Australian naval ship building following the latest defence contract. The Royal Australia Navy is to get three new air warfare destroyers and two landing ships - all Spanish designed - for a total cost of $11 billion. The three Navantia F100 ...
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Hanjin Heavy grabs Belgian container ship order
Hanjin Heavy Industry has secured a $224 million shipbuilding order from a new European client on the back of increased shipping volumes and fees. Delphis of Belgium placed an order for Hanjin Heavy to build four large-sized container ships by the end of 2010. The South Korean shipbuilder said the ...
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Daewoo secures drillship and bulk carriers
Daewoo Shipbuilding & Marine Engineering has obtained a combined $800 million worth of orders from two international customers. The South Korean shipbuilder said an unidentified US shipowner ordered an oil drill ship while a shipowner in Liberia ordered three bulk carriers. The shipbuilder did not disclose detailed prices for the ...
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Odense to sign Epic deal
Odense Steel Shipyard Ltd. (Odense Staalskibsv?rft A/S) has announced that EPIC Shipping, UK, has contracted to purchase six RO-RO vessels from the Danish shipyard. Main particulars are length 193 m, breadth 26 m and 3,700 lane meters. The vessels are to be delivered in 2009 and 2010. Final contract with ...
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Multraship expands tug fleet
The Dutch salvage and towage company Multraship has bought two newbuilding Azimuth Stern Drive tugs for delivery October 2007 and April 2008. The two multi-purpose tugs will be rated around 70 tonne bollard pull and are currently under construction at the Vega Denizcilik Sanayi Ve Tic. Ltd. Sti shipyard in ...
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Hawaii Superferry delivered with GL Class
"Alakai", the 107 meter high speed ferry classed by Germanischer Lloyd, has been delivered from its builder Austal USA to Hawaii Superferry. A second US flaggedvehicle-and-passenger carrying catamaran is currently under construction.Powered by four MTU 20V 8200 M70 main engines via four ZF 53800 gearboxes, with a top speed of ...
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COSCO and Kawasaki to form second JV
COSCO Group, China's shipping conglomerate, has signed a deal with Japan's Kawasaki Heavy Industries Ltd. to build a shipyard in northeast China, their second such venture in the country.COSCO will control 70% of the facility, which will cost 3.8 billion yuan ($500 million) in its first phase, and Kawasaki will ...
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Hyundai wins large boxship order
Hyundai Heavy Industries has won an 857 billion won ($923 million) order to build eight container vessels. The deal from a European company calls for HHI to deliver the ships by December 2010. The Korean shipbuilder clinched record-high orders last year because of strong demand for crude carriers and offshore ...
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CDL to launch Indian AHTS
Colombo Dockyards Limited?s (CDL) launch of the Anchor Handling Tug Supply vessel, built for Great Ship (India), is scheduled to take place next week. "This occasion will mark the first launching of the new construction hull to be carried out utilising the recently converted shipbuilding dock," Assistant Manager Marketing Darshana ...
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Singapore goes to Dubai for new MRs
Dubai Drydocks (DD), a market leader in ship repair and conversions, has concluded an agreement with Singapore-based Navig8 Shipmanagement Pte Ltd to build four medium range (MR) product tankers, with an option for four more vessels.The deal is valued at $175 million and is the biggest-ever signed by DD and ...
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Another FPSO for Samsung
Samsung Heavy Industries has secured a sizable order from an Asian customer to build an FPSO in a contract worth $470 million. The vessel will be delivered by September 2010.
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BMT launches into India
BMT Group Ltd, the UK-based maritime consultancy, launched its India operations last week in an attempt to tap into the ship-building boom in the country. Several Indian companies have been looking to invest in shipyards as demand for ships increases all over the world and BMT?s India team will focus ...
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Cosco Zhousan books orders worth $1.2 billion
China's Cosco (Zhoushan) Shipyard Co., Ltd. has received newbuilding orders worth nearly $1.2 billion. Of this, $669 million is accounted for by contracts from Cosco International Ship Trading for twelve 57,000 dwt bulkers and four 5,000-vehicle PCTCs (pure car truck carriers). These newbuildings are scheduled to be delivered between December ...
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Norwegian owner orders more supramax bulkers
In addition to the six newbuildings announced in the press release dated 2 May 2007, the Norwegian ship owner Camillo Eitzen & Co ASA signed agreements for long term time charter with purchase option for additional four 58-60,000 dwt Supramax bulk carrier newbuildings. The vessels will be delivered from Japanese ...
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Malaysian shipbuilder plans expansion
Nam Cheong Dockyard Sdn Bhd in Miri, Sarawak, Malaysia, is planning to expand its business overseas and increase its shipbuilding capacity on the back of higher demand for oil and gas support vessels, especially for deepwater exploration. Its executive director Leong Seng Keat said the company's future direction was in ...
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5,000 tonne heavy lifter ordered
Nordic Heavy Lift subsidiary Avonway has ordered a unique crane vessel with a record 5,000 tonne single mast lifting capacity from Singapore?s Sembawang Shipyard. Sea of Solutions, part of the Offshore Ship Designers Group, was responsible for both the concept and basic design of this monohull vessel, which has the ...
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New seismic vessel for Fugro
Fugro has christened its new 3-D seismic vessel Geo Barents. This newbuilding is a 3-D seismic acquisition vessel capable of deploying six 6 streamers of up to 9 km in length. The vessel has an overall length of 76.95m and was built at Solstrand shipyard in Tomrefjord, south-west Norway, for ...
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Vik-Sandvik design wins award
Normand Seven built by Ulstein Verft in Norway, has been voted ?Ship of the Year 2007? by the readers of Skipsrevyen in Norway.The award was presented to the Ulstein Group at the Nor-Shipping trade show in Lillestr?m, Oslo. This is the second year in a row that the Ulstein Group ...
