Latest News – Page 876
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MT design chosen by Gulmar Offshore
Marin Teknikk, the Norwegian naval architects, has secured a contract with Hanjin Heavy Industries & Construction in Korea for delivery of a design and engineering package for two new MT 6022 XLs for Gulmar Offshore Middle East LLC in the United Arab Emirates (UAE).The new multipurpose subsea operation support vessels ...
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Bourbon orders Damen quartet
Bourbon Offshore and Damen Shipyards Gorinchem in Holland have signed a contract for the construction and delivery of four Damen ASD 3213 tugs. The ASD 3213 is the latest development from Damen and the top of the range with a bollard of in excess of 83 tonnes. The tugs are ...
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Philippines helps local shipbuilders
The Subic Bay Metropolitan Authority (SBMA) in the Philippines has plans to create a 124-acre maritime park that offers tax incentives to local shipbuilders. The facility is aimed at boosting the country's local shipbuilding industry.SBMA chairman Feliciano G. Salonga said the incentives include affordable rental schemes, tax and duty-free importation ...
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Kiwi to build small cruise ship
InterCity Group Limited in New Zealand plans to boost tourism in Northland with a $7.3 million, fuel-efficient small cruise ship that will offer overnight cruises around the pristine waters of the Bay of Islands.The 46 metre long catamaran, which is being designed to cruise at 12 knots with maximum stability, ...
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Hapag-Lloyd orders eight from HHI
The Hamburg-based shipping line Hapag-Lloyd is responding to the forecast market expansion in the container trade by ordering eight 8,750 TEU container carriers for delivery in December 2009 (two ships) and in the first half of 2010. It is planned to deploy the newbuildings on the routes to and from ...
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Electronic charts may avert one in three groundings
If Electronic Chart Display and Information Systems (ECDIS) are made mandatory on board ships, the number of groundings is likely to be reduced by a third according to a study carried out by DNV.The effect of ECDIS has been documented in previous studies, but uncertainty has remained relating to the ...
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Romania to privatise Mangalia shipyard
The Romanian government has launched tenders for the sale of its shipbuilding facility in the southeastern city of Mangalia, the national State Assets Agency (AVAS) said. The state plans to sell the entire company to a bidder who will then have five years to invest at least 4.5 mln euros ...
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Halifax Shipyard to build second cruise ship
US-based Pearl Seas Cruises of Guildford, Conn., an offshore affiliate of American Cruise Lines, has confirmed that it will have a second cruise ship built at the Halifax Shipyard, part of the Irving Shipbuilding company. These two new luxury cruise ships will carry 165 and 210 passengers and construction has ...
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Jurong wins conversion jobs
Singapore's Jurong Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured two conversion contracts worth a total of $88 million. The first involves conversion of the 188,697 dwt tanker, the S.T. Polar Alaska, into an FPSO vessel for Aker Contracting FP AS. To be renamed FPSO Aker Smart 1 upon ...
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Wärtsilä acquires Railko
Wärtsilä has signed an agreement to acquire the marine business of Railko Ltd. in the UK, a company specializing in synthetic stern tube bearing technology. The net sales of the company's marine business is about EUR 6 million and the number of employees is 25. The deal is planned to ...
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FMBA wins another cat order
Aboitiz-owned shipbuilder FMBA Marine Inc. in the western Cebu town of Balamban, Philippines, has signed a contract to build another catamaran ferry for a company in New Caledonia in the South Pacific. This follows a contract the shipbuilder won last month to build a catamaran ferry for a Scottish company.FMBA ...
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US group to build steel plant in Vietnam
U.S. group Eminence plans to pour $30 billion into building a steel plant and auxiliary establishments in Vietnam's central region according to local newspaper Young People. Eminence will submit its investment plan, some time in the second quarter, to the Vietnamese government for approval. The plan includes $26 billion for ...
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BAE and VT agree jv terms
BAE Systems and VT Group have agreed the terms on which to merge their shipbuilding interests, but an announcement has been delayed by political uncertainties over plans for the Royal Navy's new aircraft carriers.Sir John Parker, chairman of the National Grid, is lined up to take the same role at ...
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China begins VLCC fleet expansion
China has begun an ambitious effort to build a fleet of more than 90 VLCC tankers to improve its control over oil imports, vital to sustaining a booming economy, shipping industry experts say.Government strategic planners in Beijing have set a target that half of the oil imports should be carried ...
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Fincantieri IPO next spring
The Italian government expects to carry out an initial public listing of shares in the state owned shipbuilding company Fincantieri SpA next spring, said economy undersecretary Massimo Tononi. Tononi and transport ministry officials met the company and its trade unions today. Industry sources said the aim is to agree the ...
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Indian Navy to get three carriers
The Indian Defence Minister A.K.Antony has publicly confirmed that the Indian Navy would get a third aircraft carrier by 2017 in addition to the Admiral Gorshkov and the indigenous Air Defence Ship (ADS). The minister said that the order for a third carrier -- to be built by Cochin Shipyard ...
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USN plans to go electric
The US Navy has announced plans for a new generation of electrically propelled destroyers and hinted that all of its surface vessels, and possibly its submarines as well, will eventually use electric drive systems. Initially, the Navy plans to build 32 destroyers at a cost of around $25bn. It says ...
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Costa Serena delivered
The Costa Serena, the new flagship of Costa was delivered yesterday by Fincantieri at its Sestri Ponente shipyard in Genoa, Italy. Like her sister ship, the Costa Concordia, which entered service in July 2006, the Costa Serena is the largest passenger ship flying the Italian flag and the largest European ...
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DSME may produce blocks in North Korea
Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea wants to produce ship blocks in North Korea according to a Korean report. "If all conditions are met and everyone involved can benefit, we have no reason not to initiate such a business, even given that it would be in North ...
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Samsung wins more container carriers
Samsung Heavy Industries has received a $771 million contract to build six container ships from a European company. The vessels will be delivered by July 2010. The value of the order accounts for 11.2% of its recent sales of 6.35 trillion won, the shipbuilder added. Last week, Samsung had won ...