Latest News – Page 884
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Aker and MSC sign fourth Musica contract
Aker Yards has signed a contract with MSC Cruises to build a 4th MSC Musica Class Cruise ship. The ?MSC Magnifica? will be built at Aker Yards, Saint-Nazaire in France, for delivery in 2010. The value of the contract is approximately EUR 410 million ($548 million) and is subject to ...
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Magellan residential cruise ship selects shipyard
The Residential Cruise Line Ltd has entered into a Memorandum of Understanding with Aker Yards to start building the residential cruise ship ?Magellan?. This is the first step and the finalization of the project is still subject to the completion of financing.Designed by the Norwegian firm of Petter Yran and ...
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Nakilat and Keppel to build shipyard
Qatar Gas Transport Company Ltd. (NAKILAT) has signed an agreement with Singapore based Keppel Offshore & amp; Marine Limited (Keppel O&M) through its wholly owned subsidiary, KS Investments Ltd., to jointly develop a world-class shipyard facility in the Port of Ras Laffan, Qatar.The proposed shipyard will be part of the ...
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Yantai Raffles to build special bulker
Yantai Raffles Shipyard in northern China has been awarded a contract to construct a flexible fall pipe bulk carrier worth approximately $78 million by the Dutch dredging, offshore and marine construction company Van Oord.The vessel will measure 175m long, with a 26m beam and an operational draught of 10.67m, and ...
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Another Genesis for Aker
Royal Caribbean Cruises Ltd. has ordered another Genesis class cruise vessel from Aker Yards at a cost of approximately EUR 900 million ($1.2 billion). The contract is subject to final confirmation of buyers financing.The second 220,000 gt ?Project Genesis? vessel will be delivered from Aker Yards, Finland, in August 2010. ...
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STX starts China yard
Korea's STX Shipbuilding has made a start on the construction of its new shipyard to be built in Dalian, China which it estimates will generate $3 billion in sales in 2012, similar to that of its shipyard in Jinhae, Korea. During a ground-breaking ceremony, Kang Duck-soo, chairman of STX Group, ...
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POSCO to raise steel price
POSCO, South Korea's leading steelmaker, plans to raise the prices of some steel products beginning 19 April to reflect an increase in iron ore costs. The price of steel plates for shipbuilding will rise 3.3% to $642 per tonne.
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Sri Lanka?s Dockyard in talks with Croatian shipbuilders
Colombo Dockyard Ltd. (CDL) is having talks with Croatian investors on setting up ship building facilities in Sri Lanka according to a government minister. Investment promotion minister Sarath Amunugama said negotiations on the Croatian investments had taken place between officials of the two countries last week. Croatia is one of ...
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Philly adds boxships to new agreement with HMD
Aker Philadelphia Shipyard, Inc., the shipbuilding subsidiary of Aker American Shipping, has signed an agreement with Hyundai Mipo Dockyard (HMD) extending the current relationship to include not only additional tankers but also containerships. Under an agreement signed in 2004, HMD has been providing design and procurement services for a series ...
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Wärtsilä opens new workshop in Shanghai
Wärtsilä Corporation today inaugurated the first phase of a new reconditioning workshop in Shanghai, China. It will provide high-quality reconditioning services to owners and operators of marine engines, gearboxes,controllable-pitch propellers, thrusters and other ship equipment. This first phase represents an investment of EUR 2.3 million. "This new one-stop-shop service centre ...
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Korean shipyards to get LNG boost
South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships, industry sources said.Three of the country's shipbuilders, Daewoo Shipbuilding & Marine Engineering, Samsung Heavy Industries and STX Shipbuilding, have clinched the world's ...
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Daewoo Mangalia, Hudong and Chengxi win bulkers
Daewoo Mangalia Heavy Industries won a new order of four 171,000DWT bulk carriers from Anangel Shipping for delivery in 2009 and 2010. The new order includes an option for two more units.Hudong Zhonghua Shipbuilding clinched two 87,000DWT bulk carriers for delivery in February and April 2011 from a Greek ship ...
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ZIM orders boxship pair
Hyundai Samho Heavy Industries has clinched an order two 10,000TEU container ships from ZIM. The new vessels will be delivered in January and February 2010. The order also attaches one more option. Ship particulars are 349m in length, 45.6m in breadth, 27.3m in depth and a service speed of 26 ...
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Volkswerft Stralsund to be sold off
AP Moller Maersk is in the process of selling German shipyard Volkswerft Stralsund, which is owned by its subsidiary Lindo. According to Borsen, Lindo's chief executive Finn Buus Nielsen said it is not impossible that Germany's Hegemann-Gruppe may buy the shipyard, but no concrete divestment plans exist."We consider the possibility ...
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Aker to build PSVs for Gulf Offshore
Aker Yards in Norway has entered into a contract with Gulf Offshore North Sea Ltd in Aberdeen, Scotland, to build two Platform Supply Vessels (PSV) based n the Aker design PSV 09 CD. The total value of the contract is approximately NOK 530 million ($86.8 million). Delivery is scheduled in ...
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BAE to bid for DML
BAE has launched a takeover bid for Devonport Management Ltd (DML) in the UK-based Devonport dockyard where the Royal Navy?s nuclear-powered submarines are refitted in programmes worth hundreds of millions of pounds.BAE had been expected to make a joint bid with US financial company Carlyle, which is now reported to ...
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Mipo wins four PCs
Hyundai Mipo Dockyard in South Korea has won a new order for four product carriers at a price of W 181.2 billion. They will be delivered by February 2011.
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NYK orders two Wozmax
NYK Line in Japan has placed a new order for two 250,000DWT bulk carriers with Namura Shipbuilding. This will be the first time for an ore carrier of this size to be built. Delivery is scheduled for 2010 and 2011. They will be used for ore transport from Western Australia.The ...
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GSI wins product carriers
Guangzhou Shipyard International in China secured a contract for two 50,500DWT product carriers from Motia in Italy. Ship particulars are 183.2m in length, 32.2m in breadth and 18.2m in depth with a draught of 12.6m. They can sail at the speed of 14.8 knots.
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STX to produce ship engines in China
Last January, STX group made an agreement with Dalian municipal Government to construct a production facility that includes engine crankshaft manufacturing, marine diesel engine manufacturing and a ship block assembly plant. According to the agreements, STX Engine will establish an affiliated company named as STX Dalian Engine as a part ...
