Latest News – Page 880

  • News

    ASL Marine's to double capacity

    2007-04-25T00:00:00Z

    Singapore shipbuilder ASL Marine has stated that its new yard in China will be fully operational next year and will double its capacity to build offshore vessels. The newly built eight-hectare shipyard in China's Guangdong province will enable ASL Marine to build up to six offshore vessels a year, adding ...

  • News

    DMHI riding high

    2007-04-25T00:00:00Z

    Daewoo Mangalia Heavy Industries (DMHI) of Mangalia, Romania, has signed contracts worth over $1.05 billions with three important ship owners in the first quarter of 2007.The first contract was signed in January with the German company Hamburg Süd for six 6,300 teu container ships which will be the largest ever ...

  • News

    STX to build shipyard in Azerbaijan

    2007-04-25T00:00:00Z

    Azerbaijan Investing Company and STX Shipbuilding Co. signed the memorandum of understanding to build a shipyard to produce and repair tankers in Garadaga, in the region of Baku. According to Riad Gasymov, the assistance of the chief executive of Azerbaijan Investing Company, the investments and the building period will be ...

  • News

    Seatruck poised to launch new ferries

    2007-04-25T00:00:00Z

    Seatruck Ferries, freight-only specialists on the Irish Sea route and part of the Clipper Group, are about to introduce a major increase in capacity for the link between Heysham and Warrenpoint, Northern Ireland. Four state-of-the-art newbuildings are to be delivered by Spanish shipbuilders Astilleros de Huelva over the coming 12 ...

  • News

    Iraq plans to renew tanker fleet

    2007-04-24T00:00:00Z

    Iraq aims to rebuild its ageing fleet of tankers to carry its crude oil exports and is planning to form a joint venture shipping company with a South Korean firm, the oil ministry's spokesman said on Monday. "Iraq needs new huge oil shipping tankers to be capable of shipping exported ...

  • News

    INTERTANKO praises IMO

    2007-04-23T00:00:00Z

    INTERTANKO applauds IMO Secretary General Mitropoulos?s initiative to propose to the IMO Marine Environment Protection Committee (MEPC) a study group which, he stressed, will ensure that a decision on the revision of Annex VI keeps on track to meet the implementation target date of 2010. At the same time the ...

  • News

    COSCO seals 66-ship contract

    2007-04-23T00:00:00Z

    COSCO Group in China has inked newbuilding contracts with four domestic shipyards to build 66 ships. Zhang Fusheng, a COSCO spokesman, did not disclose the total value of these shipbuilding contracts but said they summed up to a record amount for the shipping giant. The move is to help meet ...

  • News

    Irving to build small cruiseship

    2007-04-23T00:00:00Z

    Irving Shipbuilding Inc. in Canada will begin cutting steel for a new cruise ship next week, and construction of the vessel, said to be the first cruise ship built in Canada since the 1930s, could lead to a new niche market for the company.Halifax Shipyard will build an 88-metre vessel ...

  • News

    Excelerate boosts LNGRV fleet

    2007-04-23T00:00:00Z

    Excelerate Energy, Woodlands, Texas, has reached an agreement with Exmar N.V. of Antwerp, Belgium, to take an equity interest in three additional Energy Bridge vessels capable of shipboard regasification of LNG. The agreement between Exmar and Excelerate Energy includes two ships ordered by Exmar in 2006 as well as an ...

  • News

    Bharati clinches American contract

    2007-04-23T00:00:00Z

    Bharati Shipyard in India has signed a contract with UP Offshore (Bahamas) Ltd. for construction and supply of two Platform Supply Vessels. The Contract value of these two vessels is $43.30 million.It is the first time in the history of the Indian shipbuilding industry that an Indian shipbuilder has received ...

  • News

    Hanjin starts first Philippine built boxship

    2007-04-20T00:00:00Z

    Hanjin Heavy Industries, Corp-Philippines, Inc. (HHIC-PI), has started switched on the steel plate cutting machine that signalled the start of its production. The first steel cutting ceremony was held at the newly-built HHIC-PI shipyard at the Redondo Peninsula. HHIC-PI constructed the shipyard complex inside the 480-hectare land area in the ...

  • News

    Cummins awards ABS ERO status

    2007-04-20T00:00:00Z

    Diesel engine manufacturer Cummins has selected ABS as a Recognized Organization for engines (ERO). In that role ABS will be able to issue Engine International Air Pollution Prevention Certificates (EIAPP) to Cummins machinery for compliance with IMO?s MARPOL Annex VI NOx Technical Code governing NOx emissions of ship based diesel ...

  • News

    Vroon orders four PSVs

    2007-04-20T00:00:00Z

    Vroon Offshore Services has ordered four PSVs at Cochin Shipyard in India. The new vessels are UT 755 LN designs and are scheduled for delivery between October 2009 and March 2010.

  • News

    Regional pollution controls will 'harm' shipping

    2007-04-20T00:00:00Z

    There has been a new warning of the harm regional pollution control regulations could do to international shipping. "Only global regulations should be pursued in all aspects of shipping, including on matters related to atmospheric pollution," Efthimios E. Mitropoulos, Secretary-General of the International Maritime Organization (IMO) told a meeting in ...

  • News

    Bore orders two RoRos

    2007-04-20T00:00:00Z

    Bore, the Finnish shipping company, has, as part of its active fleet renewal program, signed a contract for two new RoRo vessels, and holds an option for another two, to be built at Flensburger Schiffbau-Gesellschaft mbH & Co KG in Germany.The two RoRo vessels will be delivered in May and ...

  • News

    EU plans shipping emissions cap

    2007-04-19T00:00:00Z

    The European Commission has said that it will draft legislation, by the end of the year, aimed at tackling the shipping industry's rapidly growing contribution to climate change, by including the sector in Europe's carbon dioxide cap-and-trade system.Carbon dioxide emissions from shipping are thought to be double those of aviation ...

  • News

    Davie Québec confirms CECON contract

    2007-04-19T00:00:00Z

    Davie Québec shipyard in Canada has confirmed that, barely four months after being acquired by Norwegian investors, the yard has signed two firm shipbuilding contracts worth $132.6 million each with Cecon AS for Vik-Sandvik designed VS 4220 offshore construction vessels.Construction of the two 10,000kW newbuilds measuring 130m in length with ...

  • News

    Schat-Harding starts Shanghai service station

    2007-04-18T00:00:00Z

    Lifeboat and davit manufacturer Schat-Harding has established a new after sales and service headquarters in Shanghai. The new service base will provide annual and five yearly SOLAS inspections and tests, refurbishment, repairs and genuine OEM spares for lifeboats, davits, hooks and winches on ships calling at Chinese, Hong Kong and ...

  • News

    Teekay, TORM to buy OMI

    2007-04-18T00:00:00Z

    Teekay Shipping Corp., which owns and operates one of the world's largest fleets of crude oil tankers, will join with Danish product tanker operator TORM to acquire rival OMI Corp. for about $2.2 billion.Teekay and TORM, which plan to equally split the total cost of the transaction, will make a ...

  • News

    Bollinger launches first GPA 654 PSV

    2007-04-18T00:00:00Z

    Bollinger Shipyard in Lockport, LA, has launched the first of ten GPA 654 PSVs ordered by Rigdon Marine in January 2006. With this multi-vessel order, Rigdon?s GPA (Guido Perla & Associates, Inc) -designed fleet has increased to 20 PSVs, including 8 GPA 640s.The design of the DP2- and FFV1-certified GPA ...