Latest News – Page 903
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Sarawak shipyard ready for more
One of Sarawak's most prominent shipyards, Yong Choo Kui (YCK) Shipyard is now ready to take more specialised orders from the oil and gas industry from around the world. Executive director Daniel WY Yong said the shipyard had now received the demanding Nipon Kaiji Kyokai (NHK) certification for welding procedures."This ...
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Oz warships should be built locally
Australia's warships should be built locally even if it costs more, a Senate committee has recommended. In its report on Australia's naval shipbuilding sector, the Senate foreign affairs defence and trade committee acknowledged that building locally may come at a cost premium. But it said paying that premium was consistent ...
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More FPSO success for Peter Brotherhood
Bergesen dy ASA, one of the largest shipping companies in the world, has chosen UK engineering company Peter Brotherhood to supply two steam turbine driven alternator sets for a floating production, storage and offloading (FPSO) vessel for the Woodside Chinguetti field off the coast of Mauritania. The two 24 MW ...
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Samho clinches six tankers
Hyundai Samho Heavy Industries has clinched four tankers and two VLCCs at the value of $586 million. Four tankers are ordered from a ship owner in Latin America with delivery of July 2010. Two VLCCs are ordered from a ship owner in Africa with delivery of December 2010.
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Lamprell building smart FPSO modules
Lamprell Shipyard in Port Khalid, UAE, has been awarded a $5.1 million fabrication contract by Aker Floating Production (Aker FP) to build the topside modules for the Smart 1 FPSO vessel, to be maintained and operated by Aker FP. This is the first time Lamprell has been awarded FPSO work ...
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Golden Ocean building four Capers
Bermuda-based Golden Ocean Group Limited has ordered four Capesize 170,000DWT bulk carriers from Daehan Shipbuilding in South Korea at a cost of $72.25 million each. The newbuildings will be delivered between May 2008 and January 2009. The order contains an option for additional four vessels which can be delivered between ...
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Mid East ship repair demand spurs growth
The Middle East will require 130 floating production systems over the next five years spurring huge growth in regional shipyards and offshore repair facilities, according to a leading industry expert. Addressing the Seatrade Middle East Maritime (SMEM) conference at the Dubai World Trade Centre, Geoff Taylor, Chief Executive Officer, Dubai ...
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EC approves Volkswerft Stralsund aid
The European Commission has approved under EC Treaty state aid rules regional investment aid of ?4.2 million to the German shipyard Volkswerft Stralsund. After an in-depth investigation initiated in February 2006, the Commission has concluded that the investment is limited to a modernisation of the yard which will improve its ...
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Tsakos orders bulkers
Tsakos Shipping and Trading SA, a subsidiary of Athens-based Tsakos Group, has reportedly said that it has ordered six ships from Sino Pacific Heavy Industries Group's Zhejiang Shipyard for about $210 million. The first of the 53,000 DWT bulk carriers is scheduled for delivery in December 2007, four units to ...
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Wärtsilä acquires Schiffko
Wärtsilä Corporation has signed an agreement to acquire the German ship design company group Schiffko which is privately-owned and has annual net sales totalling approximately EUR 4 million and some 25 employees. Schiffko, based in Hamburg, specializes in the planning and design of ships especially in the container, research ...
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Klyne Tugs wins UK contract
International towage and salvage firm, Klyne Tugs of Lowestoft, has won a £19 million contract extension for the ongoing supply of Emergency Towing Vessels (ETV) to the Maritime & Coastguard Agency (MCA) at strategic UK points.The new deal takes the current eight-year deal beyond 2009 to September 2011 and lifts ...
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James Fisher acquires FT Everard
James Fisher, the UK?s leading provider of marine services, has acquired the UK-based short sea operator FT Everard for a total cash consideration of approximately £23.7 million and the assumption of £28.0 million of debt.FT Everard currently operates 11 CPP tankers, 9 of which it owns, with four further tankers ...
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Malaysian yard gets local order
Malaysia?s premier dredging and reclamation contractor Inai Kiara Sdn Bhd will purchase a fleet of seven vessels, including two dredgers, from MSET Shipbuilding Corporation Sdn Bhd, a Terengganu based company. The $28.20 million newbuilding order is the biggest awarded by Inai Kiara to a local shipbuilder and the vessels will ...
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Jurong builds jack-up barge
Singapore's Jurong Shipyard, a wholly-owned subsidiary of SembCorp Marine, has received a Letter of Award from Saudi Aramco Overseas Company B.V. for the design, construction and delivery of a self-elevating heavy-lift jack-up barge. The contract value is approximately $180 million. Scheduled for delivery in the first quarter of 2010, the ...
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Samho clinches two VLCCs
Hyundai Samho has clinched two VLCCs from a ship owner in Latin America. Total contract price is $259 million and delivery is scheduled for April 2010.
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France SOS
Desperate attempts are being made to save the former transatlantic liner ?France?, ex-Norway, and now renamed ?Blue Lady?, from being dismantled in India where she has been languishing for the last couple of months while the Indian government decides whether or not to allow the 44 year ocean greyhound to ...
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Merwede wins Helix vessel
Merwede Shipyard, a subsidiary of IHC Holland Merwede BV, has received a contract for the design and construction of a new well intervention / diving support / offshore construction vessel for Helix Energy Solutions. This vessel will be the second to be built at the newly commissioned fourth slipway of ...
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Nico plans Kazakhstan yard
UAE-based Nico International has signed a joint venture agreement to build a ship repair yard in Kazakhstan and also has plans to set up a shipbuilding facility in the Central Asian nation.Nico and Almaty-based oilfield service firm Caspian Services Inc and Kazmortransflot, the national marine company of Kazakhstan, will invest ...
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Horizon gets first of five newbuildings
The US shipping company Horizon Lines announced today it took delivery of its first new containership, the ?Horizon Hunter? from the Hyundai Mipo shipyard in South Korea. The newbuilding is the first of five new, US-flag, foreign built, sister vessels that the company is chartering from subsidiaries of Ship Finance ...
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Heung-A orders chemical tanker
Heung-A Shipping in South Korea placed an order for a 11,500DWT chemical tanker with a Japanese shipbuilder. Contract price is $29 million and delivery is January 2011. The shipping company also has two chemical tankers on order at Nokbong Shipbuilding in Korea.
