Latest News – Page 907

  • News

    STX wins PT and PCTC orders

    2006-11-17T00:00:00Z

    Korea Line has exercised two options with STX for 49,000DWT product tankers. The two vessels will be delivered in January and June 2009 and the total contract price is $96 million.In a separate order STX has won an order from STX Pan Ocean for two 6,700 units PCTCs at a ...

  • News

    Far East shipbuilders in order bonanza

    2006-11-17T00:00:00Z

    Samsung has secured an order for two 115,000DWT tankers from Geden Line with delivery of 2010.Namura Shipbuilding clinched two 250,000DWT bulk carriers from NYK Line with delivery of 2010 and 2011.Dongnan Shipbuilding in China, clinched an order for six supply vessels from Malaysian interests at the price of $170 million. ...

  • News

    First MAN B&W 7S65ME-C in service

    2006-11-17T00:00:00Z

    The first MAN B&W 7S65ME-C has entered service when the oil tanker ?Ice Explorer? was delivered by Universal Shipbuilding Corporation in Japan to the Greek shipowner in September. Although the S65ME-C engine is a direct result of close cooperation between MAN Diesel and the customer, it is tailor-made for efficient ...

  • News

    Inefficiencies hamper Malaysian yards

    2006-11-17T00:00:00Z

    Malaysian shipbuilders must buck up their ideas and clear backlog orders fast or risk losing their competitiveness and business to foreign players, Maritime Institute of Malaysia (MIMA) director general Datuk Cheah Kong Wai said. Speaking at the opening of MIMA?s seminar on ?The State and Future of Malaysian Shipyards: Towards ...

  • News

    Shipyards fear free trade

    2006-11-17T00:00:00Z

    A federal move that Canada?s shipbuilding industry has feared for some time appears to become a reality when the government resumed free trade talks with the European Free Trade Association. One of the issues at stake is the elimination of a 25% tariff on foreign built vessels brought into Canada. ...

  • News

    Swissco confirms orders for more newbuilds

    2006-11-17T00:00:00Z

    Swissco Offshore Pte Ltd, a subsidiary of Singapore-based Swissco International, has recently placed orders for another two offshore support vessels. This is in line with theGroup?s expansion programme for its offshore vessel fleet.The 48vmetre azimuth stern drive anchor handling tug is the second 'Alpha' class to be ordered and will ...

  • News

    Chouest expands into Brazil

    2006-11-17T00:00:00Z

    Edison Chouest Offshore has expanded into the shipyard sector in Brazil with the inauguration, early in October, of Estaleiro Navship in Navegantes in the south of Brazil. The yard will be capable of building and delivering four ships per year. The shipyards?s first vessel will be an 80 metre PSV ...

  • News

    MT provides design for Singapore owner

    2006-11-17T00:00:00Z

    The Norwegian naval design company Marin Teknikk has signed a contract with PT Batamec Shipyard, Indonesia, for delivery of a design and detailed engineering package for two MT 6009 MkII design for Otto Marine Pte Ltd in Singapore. The contract includes an option for two similar vessels.The Multipurpose Field Supply ...

  • News

    Geomaster to become seismic vessel

    2006-11-17T00:00:00Z

    Geo ASA?s subsidiary Geo Subsea Pte Ltd in Singapore has signed a contract with Wavefield Inseis AS for the ?Geomaster?. The contract commences November 2006 and will have a duration of seven years. To meet the terms of the contract, the vessel will be converted into a seismic vessel and ...

  • News

    Aker builds PSV for Island

    2006-11-17T00:00:00Z

    Aker Yards has signed a contract with Island Offshore in Ulsteinvik, Norway, to deliver a 4,000 dwt UT 776 CD Platform supply vessel. The total value of the contract is approximately $48.7 million. This is the 23rd contract between the ship owner Island Offshore and Aker Yards. The 93 metre ...

  • News

    Novatug opens up South American market

    2006-11-17T00:00:00Z

    Novatug, the Rotterdam-based specialist behind the design of the revolutionary Carrousel towing system for tugboats, has opened the way for significant expansion into the strategic South American market by agreeing an agency deal with Rio de Janeiro-based Ocean Research Company of America (ORCA).ORCA director and Brazilian maritime industry veteran Nilbe ...

  • News

    Conrad building LNG terminal/escort tugs

    2006-11-17T00:00:00Z

    Conrad Industries in the USA has signed contracts for construction of two 30.15 metre Z-Tech 7500 Class Terminal/Escort Tugs with Bay-Houston Towing and Suderman & Young Towing Company. The ABS classed tugs will provide harbour tug services for LNG vessels calling at the Freeport LNG terminal which is currently under ...

  • News

    Ensolve supplies bilge systems to MARAD

    2006-11-16T00:00:00Z

    The North Carolina-based EnSolve Biosystems has been awarded a contract from the U.S. Maritime Administration (MARAD) to supply a PetroLiminator Oil Water Separator for treating bilge water from its fleet service craft at the Suisun Bay Reserve Fleet in California. The patented PetroLiminator system uses a three-stage process to ...

  • News

    Korean yards' future lies in offshore facilities

    2006-11-16T00:00:00Z

    Shipyards of South Korea are set to make all-out efforts to develop offshore facilities in a bid to stay ahead of the field despite hot pursuit from rivals in Japan and China, the Korea Shipbuilders' Association (KSA) said. Chief executives of the world's top three shipyards, Hyundai Heavy Industries Co., ...

  • News

    Halter has bright future

    2006-11-16T00:00:00Z

    VT Halter Marine landed $500 million in sales of new ships in September and, just as the Island Home ferry is nearly ready to head for its homeport in New England, another major contract is about to be announced.CEO Boyd "Butch" King says he will likely announce a $165 million ...

  • News

    VT and BAE continue merger talks

    2006-11-16T00:00:00Z

    The MoD is urging the VT Group and BAE Systems to join forces in a bid to merge their established shipbuilding assets before Christmas. Both companies are currently undergoing negotiations to consolidate what remains of the UK?s shipbuilding industry. Plans initially fell through at the beginning of the year when ...

  • News

    China expanding in offshore construction

    2006-11-16T00:00:00Z

    Chinese yards are going through an unprecedented growth in activity in offshore construction. ABS China Country Manager Wing Kee Ho reports that with the demand for deepwater ships and rigs, the Chinese government has embarked upon a series of yard expansions.The China National Offshore Oil Corporation (CNOOC) has expanded with ...

  • News

    SCI inks 4400 TEU pair

    2006-11-16T00:00:00Z

    Shipping Corporation of India (SCI) has placed orders for 2 cellular container vessels of 4,400 TEU capacity at Hyundai Samho Heavy Industries, Korea. The public sector shipping major is also planning to acquire 10 offshore support vessels in the next three years. In its first phase, SCI will acquire five ...

  • News

    Patagonia cruise ship launched

    2006-11-16T00:00:00Z

    Astilleros y Servicios Navales S.A. (ASENAV) shipyard at Valdivia in the South of Chile has launched a small cruise ship destined for Chile?s Patagonia area. Named ?Atmosphere?, the new 45m long by 10m wide vessel has deluxe accommodation for 36 passengers to be cared for by a crew of 24. ...

  • News

    INP to construct outfitting plant

    2006-11-15T00:00:00Z

    INP Heavy Industries in South Korea will construct an outfitting plant in Samjeock city, Gangwondo, South Korea, to meet the huge increase in its newbuilding order book. The shipbuilder said that it is negotiating the project with Samjeock city and will sign MOU soon.