Latest News – Page 887
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Samsung wins drill ship
Samsung Heavy Industries in South Korea has secured an order for a drillship from a Europe ship owner. Contract price is $617 million and delivery is scheduled for June 2010.
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Damen ups tug output in China
The Penglai Bohai Shipyard Company in China and Damen Shipyards of Gorinchem, Netherland, have signed a 5 year business co-operation agreement for the construction of the top end of the range Damen standard tug boats and in particular the larger azimuth stern drive tug designs. Construction will take place at ...
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Mahachai starts dredger
Having built a reputation for building fishing vessels, the Thai shipbuilder Mahachai Dockyard is preparing to build two dredgers. A smaller bucket dredge for a private Thai customer will be similar to a design currently operated by the government. A larger and more complex dredge is in the early ...
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Lifeline for shipyard
Ferguson's yard in Port Glasgow, which earlier this week announced it was making 99 workers redundant, was thrown a lifeline when it was learned that bidding was to be opened within three months for a Scottish fisheries protection vessel.There has already been a row about the tendering process, which was ...
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KY wins chemical tankers
KY Heavy Industries in South Korea announces that it clinched orders for five chemical tankers plus five options from OSK (H.K) Ltd for delivery from May 2008 to 2009. In addition, the Mokpo-based shipbuilder secured an order for six 17,000DWT chemical tankers plus two more options from Seatramp Tankers Inc ...
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Sevan Hummingbird sails for Verolme
The floating offshore production platform ?Sevan Hummingbird? recently left Yantai Raffles Shipyard in China onboard the semi submersible heavy lift vessel heading for the Keppel Verolme Shipyard in Rotterdam where the installation of the process plant will take place. The expected transit time is 35 days. Later this year, the ...
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STX in talks for eight capers
STX Shipbuilding in South Korea is negotiating for six to eight capesize bulker newbuildings at a price of $500 to 700 million. In addition, STX Dalian, an affiliate of STX Shipbuilding, is negotiating medium sized bulkers with several ship owners.
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MacGregor in Vietnam jv
The MacGregor Group, part of the Cargotec Corporation, has announced a new joint venture production partnership with Vietnam Shipbuilding Industry Group (Vinashin). The joint venture has been established as part of Vinashin's plan to locally source approximately 60-70% of ships' main equipment by 2010. MacGregor-Vinashin (MacGregor Vinashin Marine Equipment Co ...
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Danaos orders four Post-Panamax containerships
Danaos Corporation has signed shipbuilding contracts for four 6,800 TEU container ships with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited and they are expected to be delivered to Danaos during the second and third quarter of 2010. The ...
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Merwede takes stake in new facility
IHC Holland Merwede has decided to participate as a majority shareholder, together with Van Sluisveld Beheer, in a new company, Verenigde Scheepswerf Heusden BV (VSH), which is based in Heusden in Netherland on the site of the former Heusden Shipyard. VSH will take over nearly all 75 permanent employees that ...
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Seacor takes delivery of crewboat
Seacor Marine, the subsidiary of SEACOR Holdings, has taken delivery of its latest vessel, the crewboat John G McCall. Built by Gulf Craft Shipyard in Patterson, Louisiana, the 190ft John G McCall is the first DP 2 fast support/crew vessel in the world, said the company, and boasts 9,000hp from ...
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Fincantieri starts on first mega yacht
Fincantieri?s shipyard in Muggiano-La Spezia recently held a keel laying ceremony for the company?s first mega yacht which was ordered by Nicholas Baker in May last year. When delivered in 2010, this 134-metre yacht will be one of the largest in the world and in all probability the most technologically ...
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CDL buoyant
Colombo Dockyard (CDL) is reporting a full order book until 2008 for new ships, after building seven fast patrol boats for the Sri Lankan Navy and two tugs for Saudi Arabia which saw revenues rising 21.3% to 7.4 billion rupees in 2006.Last year Dockyard group profits rose to 626 million ...
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STX Shipbuilding swings to profit in 2006
STX Shipbuilding, the world's seventh-largest shipbuilder, said that it swung to a profit in 2006 from a loss a year earlier on rising demand for high-priced ships.Net profit reached 41.1 billion won ($43.3 million) last year, compared with a loss of 6 billion won a year earlier, the company said ...
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Shipyard could close says union
It now looks certain, following meetings held on Monday at the Clyde shipyard of Ferguson Shipbuilders, that the vast majority of the workers employed there are to lose their jobs. Out of 126 jobs, 99 would be axed - 86 manual and 13 technical.The news was worse than the union ...
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Mizho expects 55M GT newbuilding orders
Mizho Bank in Japan expects that new order volume in 2007 will be 55 million GT. The bank said that Korean shipbuilders will take new orders at attractive prices because they have shipbuilding slots for 2010 and 2011. The bank predicts that Korean shipbuilders will clinch 23 million GT while ...
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Hyundai and Samsung win new orders
Hyundai Heavy Industries clinched four PCTCs from Eukor. The 7,900 unit car carriers will be delivered during 2010. Hyundai Samho won a new order for a 1,700TEU container ship from a French ship owner with delivery of 2008. Hyundai Mipo Dockyard snapped up four medium range product carriers from an ...
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CSD to build tanker sextet
Shanghai-based China Shipping Development Co. Ltd. (CSD) plans to build six oil tankers worth $307.56 million for delivery in 2009 and 2010 to help expand its ocean shipping business. CSD has signed an agreement with Dalian Shipbuilding Industry to build the six 76,000 dwt tankers. The deal needs the approval ...
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PC trio for STX
STX Pan Ocean has ordered three MR sized product carriers from STX Shipbuilding at the price of $130 million. The first will be delivered during this year and the other two in 2008.
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Viktor Lenac under new ownership
According to the insolvency plan, shipyard Uljanik of Pula and Tankerska plovidba of Zadar will obtain 60% part of the ownership in the Victor Lenac shipyard, while the government will sell them the outstanding claims for 10 million kuna. The news is encouraging for the future of the yard because, ...