Latest News – Page 883
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Aker and Tallink sign contract for cruise ferry
Aker Yards and Tallink Grupp have signed a contract of a large cruise ferry. The vessel worth approx. 180 million Euros will be delivered in spring 2009 from the shipyard in Rauma.The vessel will be a new development of the Galaxy-type cruise ferry built by Aker Yards. ?Galaxy? is already ...
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Samho wins three PCTCs
Hyundai Samho Heavy Industries in South Korea has secured an order for three PCTCs from a ship owner in Latin America. Total contract price is $270 million and deliveries will be completed by January 2011.
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First RT-flex engine order for Hitachi
Hitachi Zosen joins the family of licencees of Wärtsilä Corporation to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines. Hitachi Zosen was awarded a contract in March 2007 by Wärtsilä Corporation to build four six-cylinder Wärtsilä RT-flex50-B engines for ships to be built in China. The first of the ships will ...
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China shipbuilder plans Singapore listing
Yangzijiang Shipbuilding, one of the leading shipbuilders in China, is planning to raise up to $622 million through a listing on the Singapore Exchange. The Jiangsu-based shipbuilder is offering 993 million shares, a 30% stake, at up to 95 Singapore cents a share. Yangzijiang plans to use the net proceeds ...
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Hanjin wins order for five container ships
Hanjin Heavy Industries has won $281 million order to build five container ships for a European company. The vessels will be delivered to Danaos Shipping of Greece by 2010. Hanjin expects this year's shipbuilding and construction orders to reach 4 trillion won, compared with last year's 3.5 trillion won.
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Carrier fears at shipyard
Fears are being raised that Barrow shipyard in England could miss out on building sections of a giant new aircraft carrier. It was planned that Barrow, part of the BAE group, would build 16,800-tonne centre sections for each of two Royal Navy ships while yards in Scotland and Portsmouth would ...
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Bharati buys Swan
Bharati Shipyard (BSL), India?s second-largest private sector ship-builder, is understood to have acquired the UK-based Swan Hunter Shipyard for an undisclosed amount."The entire machinery and equipment from Swan Hunter will be dismantled and brought to India over six months to be re-built at Bharati?s shipyards," sources said.The sources said the ...
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Aker delivers Star
Tallink s newest passenger ferry "Star" was delivered from Aker Yards Helsinki yard today. The 110 million euro newbuilding will start regular crossings between Helsinki and Tallinn and will be capable of completing the journey between the two cities in just two hours.The ice class of the ferry will allows ...
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Germany supports Korea-EU FTA
Germany will fully support an EU free trade agreement (FTA) with Korea, as it will boost bilateral trade and investment between the two economies. "We will most probably see a swifter resolution of the FTA talks, compared with the Korea-U.S. FTA, since there are less sensitivity issues between the two ...
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Craig launches biggest vessel ever
The Craig Group?s biggest ever platform supply vessel has been launched in Spain. The Grampian Talisman represents an investment of £12 million by the global shipping and energy services company and will join its fleet of offshore support vessels later this year. Craig Group division, North Star Shipping, contracted Astilleros ...
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CDL to build two for India
Sri Lanka?s Colombo Dockyard Limited (CDL) has secured a $36.6 million order for construction of two 89 metre, 250 passenger capacity ships for the Government of India. The significance of the award is that, this is the first time in the history of local shipbuilding industry that a Sri Lankan ...
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European companies push for fuel cell JTI
A total of 45 companies from across Europe have joined forces to push for the creation of a Joint Technology Initiative (JTI) for fuel cells and hydrogen technology. The companies, which include Rolls Royce Fuel Cell Systems from the UK and Italy's SOFC Power, have formed an association called the ...
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China wins tanker and bulker orders
Chinese shipbuilders are continuing to win new orders for bulk carriers and tankers. Enterprise Shipping has ordered three 92,500DWT bulkers from Jinling Shipyard with delivery of 2010 at a cost of $47 million each. China Shipping Development ordered 12 57,300DWT bulkers from China Shipping Industry Co. K Line ordered ...
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MOL to launch 44 iron ore carriers
MOL in Japan will launch 44 iron ore bulk carriers by from April this year to early 2012. The move is part of MOL's growth strategies in the new midterm management plan MOL Advance. During the period, MOL will launch five 300,000DWT, six 230,000DWT, six 200,000DWT, fifteen 170,000DWT, eight ...
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EU tells China to curb expansion
The EU has reportedly told China that it would face a growing threat of trade penalties unless it curbed its capacity expansion in steel and shipbuilding. EU industry commissioner Günter Verheugen gave the warning during a round of high-level meetings in Beijing according to EU diplomats, who declined to be ...
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DCN becomes DCNS
The French DCNS group unveiled its new corporate identity symbolising the group's new organisation and ambitions following the integration of Thales's naval businesses in France (though not its naval equipment businesses). The acronym DCN has been replaced by a brand: DCNS. Although the letters D, C and N no longer ...
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Two GPA 640 PSVs for Trico Marine
Guido Perla and Associates (GPA) announced that Trico Marine Services has ordered two of the well-proven GPA 640 Platform Support Vessels (PSV).Each of the DP2-certified vessels, measuring 64 metres in length, will employ three diesel-powered generators, including two 1,825 kW generators powered by 16-cylinder Cummins QSK60 D(M) engines and one ...
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Austal wins largest individual contract
An unconditional contract has been confirmed for the supply of four fast ferries, consisting of two 69 metre and two 88 metre Austal Auto Express vehicle-passenger catamaran designs. Further customer details cannot be released at this stage.Commenting on the announcement Austal?s Executive Chairman, John Rothwell, said; "This huge contract is ...
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STX Pan Ocean orders new car carriers
STX Pan Ocean in Korea is expanding its fleet of PCTCs (pure car and truck carrier) as part of the company's strategy to move away from its dry bulk business to minimise the impact of fluctuations in freight rates, as well as to diversify and balance revenue sources. STX has ...
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Offshore partnership with Rosyth
An oil and gas industry firm has formed an alliance which will see workers at the Rosyth naval dockyard in Fife being used offshore. Petrofac, a service provider for the oil and gas production and processing industry, has joined forces with Babcock International Group for the ?groundbreaking? cross-skilling plan. Scores ...
