Latest News – Page 881

  • News

    Russia building floating reactor

    2007-04-18T00:00:00Z

    The keel was laid for the world's first floating nuclear power plant at the Sevmash shipyard. The Akademik Lomonosov will house two 35 MW KLT-40S nuclear reactors, similar to those used in Russia's nuclear powered ice breakers, and two generators, and will be capable of supplying a city of 200,000 ...

  • News

    Third Awilco rig for Yantai

    2007-04-17T00:00:00Z

    Singapore headquartered Yantai Raffles Shipyard in China has had an option exercised to build a third semi-submersible rig for Norwegian firm Awilco Offshore Semi ASA The GM4000-D rig is a semi-submersible unit with a dynamic positioning system, accommodation unit and ballasting system designed to support duties such asintervention and drilling. ...

  • News

    Goodearth bulk contract awarded to HSL

    2007-04-17T00:00:00Z

    Goodearth Maritime Ltd of Chennai has placed an order for 16 new bulk carriers totalling 760,000 dwt with Hindustan Shipyard Limited (HSL), Visakhapatnam. The company is currently operating five bulk carriers with combined capacity of 230,000 dwt. Goodearth's order is valued at Rs1,000 crore for the first phase of 10 ...

  • News

    AIDAdiva completed

    2007-04-17T00:00:00Z

    Meyer Werft in Papenburg, Germany, recently delivered the 69,200 gt cruise ship "AIDAdiva" to AIDA Cruises. The newbuilding is the first ship out of a series of four that the Papenburg shipyard is building for AIDA Cruises especially designed for the German market. Along with its new design, the luxury ...

  • News

    ASL secures new shipbuilding contracts

    2007-04-17T00:00:00Z

    ASL Marine in Singapore has secured new shipbuilding contracts worth S$116 million ($77 million). The contracts are for the construction of six Anchor Handling Towing/ Supply vessels, five of which are expected to be completed in 2009 and the remaining unit in early 2010. Last month ASL Marine secured S$164 ...

  • News

    Korea looking to build cruiseships

    2007-04-17T00:00:00Z

    Starting as early as the second half of this year, Korean shipbuilders plan to build value-added mega cruise ships in a bid to keep ahead of arch-rival China. The idea was broached at a meeting of executives from the country's top five shipbuilders including Hyundai Heavy Industries and Daewoo Shipbuilding ...

  • News

    USN cancels second LCS

    2007-04-17T00:00:00Z

    The U.S. Navy is cancelling a widely criticized Lockheed Martin Corp. contract to build a next-generation combat ship after negotiations to control cost overruns failed. "We're disappointed but we have to have it at a price we can afford," Navy Admiral Charles Goddard said at a Pentagon press briefing to ...

  • News

    Keppel secures floatel contract

    2007-04-17T00:00:00Z

    Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a $305 million contract to construct a 440-person North Sea accommodation semi-submersible for Floatel International (Floatel). The contract is subject to certain conditions being met by 30 April 2007. The new generation floatel will ...

  • News

    Another new order for Yantai

    2007-04-17T00:00:00Z

    Following hard on the heels of their announcement of winning an order for a semi-submersible oil rig, Yantai Raffles Shipyard in China has received a contract from Saipem (43% owned by Eni), for the design and construction of an ice strengthened pipe-laying vessel of DP3 class. The 290 metres long ...

  • News

    Cala reconsiders proposal at Marsa shipyard

    2007-04-15T00:00:00Z

    Cala Corp. based in Titusville, Florida, and trading under the ticker of CCAA, has submitted its proposal to Marsa Shipyard to construct the first ?undersea resort ship? in history. The proposal was submitted directly to top naval engineers in Malta about six weeks ago to determine whether the project can ...

  • News

    Golden Ocean bags newbuildings

    2007-04-15T00:00:00Z

    Golden Ocean Group Ltd. has acquired two newbuilding contracts each at Daehan Shipbuilding in South Korea and Zhoushan Jinhaiwan Shipyard in China. According to the company, the vessels of 170,000 dwt and 176,000 dwt respectively will be delivered between December 2008 and October 2009. The total purchase price for the ...

  • News

    Vinashin to build passenger ships

    2007-04-15T00:00:00Z

    Vietnam?s Prime Minister, Nguyen Tan Dung, gave the nod Vinashin to build six high-speed passenger ships to operate on the north-south sea route. The 160m-long ships, to be fitted with 60,000kW engines, are estimated to cost between US$1.5-2 billion in total. Each passenger vessel will be able to carry 2,000 ...

  • News

    Daesun wins chemical carrier

    2007-04-13T00:00:00Z

    Daesun Shipbuilding in South Korea wins a new order for a chemical tanker from ship owner in Marshall Islands at the price of W 71.5 billion. Delivery will be made in November 2010.

  • News

    Petrobras looks to buy ethanol tankers

    2007-04-13T00:00:00Z

    Petroleo Brasileiro SA, Brazil's state-controlled oil company, may purchase tankers from Brazilian shipyards to export ethanol as the company moves to quadruple foreign sales of the biofuel. The ships would expand a plan to build 42 vessels for Rio de Janeiro-based Petrobras's fleet of tankers as increased oil, gas and ...

  • News

    Seaspan inks contract for boxship quartet

    2007-04-13T00:00:00Z

    Seaspan Corporation has signed contracts to build four 4,250 TEU container ships at Jiangsu New Yangzi Shipbuilding in China. These new orders are in addition to the ten 2,500 TEU vessels Seaspan previously ordered from Jiangsu Yangzijiang Shipbuilding, a shipyard affiliated with Jiangsu. The four newbuilding vessels are scheduled to ...

  • News

    Canada to upgrade Coast Guard fleet

    2007-04-13T00:00:00Z

    The Canadian federal government has announced it will spend $284.5 million to purchase six new vessels for the Canadian Coast Guard.The vessels, which will be phased into the existing coast guard fleet between 2009 and 2014, will include four mid-shore patrol vessels, one offshore science vessel and one hovercraft. Three ...

  • News

    L&T to invest in new shipbuilding yard

    2007-04-12T00:00:00Z

    Mumbai-based engineering and construction company Larsen & Toubro (L&T) will set up a major state-of-the-art shipbuilding yard at a cost of Rs1,500 crore. The company has identified three locations ? Chennai in Tamil Nadu, Kakinada in Andhra Pradesh and Mundhra in Gujarat for the project. Once the location is finalised ...

  • News

    Havila to acquire Kleven Maritime

    2007-04-12T00:00:00Z

    Sources in Norway suggest that Havila AS is in the process of acquiring 51% of Kleven Maritime. "Kleven's shareholders have accepted Havila's offer, and Havila wants to merge Kleven with Havila's existing shipyards and through Havyard Group establish a robust and effective international player within shipbuilding and ship design," said ...

  • News

    Dubai looking to modernise its waterbusses

    2007-04-12T00:00:00Z

    The Marine Transport Agency at the Roads and Transport Authority (RTA) in Dubai (UAE) has received a delegation from the Dutch's Damen Shipyards. A number of important issues were discussed during the meeting, including the prospects for cooperation between the marine Agency and the shipyard. As a result, Damen has ...

  • News

    Film stars order yacht with submarine

    2007-04-12T00:00:00Z

    Movie stars Angelina Jolie and Brad Pitt are treating themselves to an Italian luxury yacht fitted with a swimming pool, a heliport and a submarine. The yacht will be built in the shipyard of Civitavecchia, a port town north of Rome, by luxury shipbuilder Privilege Yard, which said that the ...