Latest News – Page 901

  • News

    ETA-Ascon plans to enter ship repairing

    2006-12-18T00:00:00Z

    Dubai-based ETA-Ascon Group is studying the possibility of developing a ship repair facility that will serve its growing fleet of bulk carriers. "We are looking at starting with a build, operate and transfer (BOT) project on India's east coast," said Hameed Salahuddin, director of ETA-Ascon Group, one of the largest ...

  • News

    Vinashin makes major investment

    2006-12-18T00:00:00Z

    Vietnamese shipbuilding giant Vinashin has agreed to make major investments in the central Thua Thien Hue province, building terminal, shipyard and tourism complex.Under a deal signed last Friday, the local government gave it the go-ahead to promote projects in the Chan May-Lang Co Economic Zone EZ and to build its ...

  • News

    Henderson gets cash boost

    2006-12-18T00:00:00Z

    The Australian Marine Complex (AMC) in Henderson, Western Australia is set to receive a $136 million infrastructure boost from the state government. A new floating dock will be constructed with the funds as well as a new transfer system, dredging of a 17m-deep basin to accommodate the floating dock, electricity ...

  • News

    McMurdo sold

    2006-12-18T00:00:00Z

    Chemring Group PLC announces that it has agreed a conditional sale of its McMurdo electronics business to Signature Industries Limited, manufacturers of the SARBE Emergency Location Beacons. McMurdo manufactures and supplies emergency location beacon and Navtex products for commercial and leisure marine and aviation markets. Additionally, McMurdo is the UK ...

  • News

    TUI plans newbuilding

    2006-12-18T00:00:00Z

    The Hamburg-based TUI, Europe's leading travel and tourism group, has plans to strengthen its activities in this area. The company is currently active in the top end of the cruise holiday market and plans to take a 25% stake in a joint venture with British group Carnival and create a ...

  • News

    ABG bags Dutch order

    2006-12-18T00:00:00Z

    Mumbai-based ABG Shipyard has secured an order for construction of a vessel at a price of $21.7 million from the Dutch shipping company Vroon Offshore. The 78m diving support vessel will be the third the shipyard is building for Vroon Offshore.

  • News

    Marseilles seeks tenant for dry-docks

    2006-12-18T00:00:00Z

    The Port of Marseilles Authority is seeking bids for the use of drydock No. 10 ? one of the world?s largest at 465 x 85 metres ? and the surrounding site of around 10 hectares.A tender document to be issued in January will invite proposals in four lots, one of ...

  • News

    Daesun clinches two chemicals

    2006-12-18T00:00:00Z

    Daesun Shipbuilding in South Korea has clinched two chemical tankers from a European ship owner. They will be delivered by November 2009

  • News

    Aker to build DOF OCV

    2006-12-18T00:00:00Z

    Aker Yards has signed a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of a 120 metre DP3 offshore construction vessel (OCV) at a cost of $80 million. The newbuilding is of an Aker OSCV 03 design and will be delivered by Aker Yards, Aukra in ...

  • News

    Carnival confirms option

    2006-12-18T00:00:00Z

    Carnival Corporation has exercised an option for a new 130,000gt cruise ship for its Carnival Cruise Lines brand at an estimated all-in cost of $740 million.The new 3,652 lower passenger berth capacity cruise ship will be built by Fincantieri at its Monfalcone shipyard, for delivery in summer 2010. A sistership ...

  • News

    Jinling scoops eight MPCs

    2006-12-15T00:00:00Z

    Jinling Shipyard in China is rumoured to have won an order for eight 17,700DWT multi purpose ships from Spliethoff in the Netherlands. They will be delivered from November 2008 to December 2009. Ship particulars are 156.5m in length, 22.8m in breadth and a service speed of 17 knots. A 120 ...

  • News

    NACKS delivers VLCC

    2006-12-15T00:00:00Z

    NACKS in China delivered a 300,000DWT VLCC to Cosco named ?Cosmerry Lake?. Ship particulars are 333m in length, 60m in breadth and 29.5m in depth.

  • News

    Prosafe FPSO conversion

    2006-12-15T00:00:00Z

    Petróleo Brasileiro S.A. (Petrobras) has awarded Stavanger-based Prosafe a charter contract for the supply and operation of a gas FPSO to operate offshore Brazil. The firm period of the contract is nine years, followed by a maximum of six one-year options. Prosafe will be responsible for the engineering, procurement, construction, ...

  • News

    Final act in the GL drama

    2006-12-15T00:00:00Z

    The strategic independence of Germanischer Lloyd (GL) has been saved following a shareholders' meeting. The executive board of the Hamburg-based classification society announced the successful defence against the hostile takeover bid by Bureau Veritas of France.The binding purchase offer by the Hamburg entrepreneur Günter Herz, with secure long-term perspectives for ...

  • News

    VT & BAE discuss JV

    2006-12-14T00:00:00Z

    BAE Systems PLC and VT Group PLC are in early discussions regarding the combination of their surface ship build and naval support businesses into a joint venture.DISCUSSIONS REGARDING FUTURE JOINT VENTUREBAE Systems? submarines business is not included within the scope of these discussions. This initiative is in line with the ...

  • News

    Thales and DCN merger delayed

    2006-12-14T00:00:00Z

    Industry sources claim that the planned tie-up between Thales and state-run shipbuilder DCN, which has already been delayed several times, has been delayed again until next year as the companies don't plan to notify the European Commission about the operation until January 2007. The plan calls for Thales to acquire ...

  • News

    India to build stealth frigates

    2006-12-14T00:00:00Z

    India is looking to acquire up to seven stealth frigates, along with some level of joint development and technology transfer. The Request for Information (RFI) has reportedly been issued to about 12 European and Russian firms.These ships are reportedly part of India's long-delayed Project 17, and could be worth up ...

  • News

    Venezuela, Brazil to build tankers

    2006-12-14T00:00:00Z

    Venezuela's state oil company (PDVSA) has signed a deal with Brazilian industrial conglomerates Eisa and Maua Jurong to build ten oil tankers in Venezuela. The joint venture will produce at least eight Panamax tankers and PDVSA plans to increase its total fleet to 42 ships by 2012.

  • News

    Scorpenes for India

    2006-12-14T00:00:00Z

    India is to begin assembling Franco-Spanish Scorpene attack submarines as part of plan to boost its naval power and military-industrial know-how. Production started this week at the Mumbai-based Mazagaon Dock naval shipyard. The 2.4bn euro deal to build an initial six diesel submarines was signed in October 2005 with Armaris, ...

  • News

    IMO reviews MSDS regs after IBIA intervention

    2006-12-14T00:00:00Z

    The International Bunker Industry Association (IBIA) has presented a paper to IMO?s Maritime Safety Committee (MSC) advising that current proposals relating to the mandatory supply and carriage of Material Safety Data Sheets (MSDS) in connection with MARPOL Annex 1 cargoes and marine fuel oils are severely flawed and unworkable. And ...