Latest News – Page 912
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IRISL orders domestic bulkers
The Islamic Republic of Iran Shipping Lines (IRISL) has signed a $500 million contract with Iranian shipbuilders for 16 cargo vessels and plans to enter the LNG market. IRISL is waiting for financing from Iranian banks for the fleet of 16 Panamax and Handymax bulk carriers.Before this latest deal, the ...
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Qingdai Hyundai clinches seven PCs
Qingdao Hyundai Shipbuilding (QHS) has won an additional newbuilding contract for seven 5,500 DWT product carriers with the Greek shipping company Agean Bunkering Services Inc. Agean has already ordered 9 similar product tankers in January and, with this additional contract, the Greek company has ordered a total of 16 ships ...
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Aker builds Farstad quartet
Aker Yards has entered into a contract with Farstad Shipping ASA to build four AHTS vessels with a value of approx $321 million. The multifunctional deep water anchor handling tug supply service vessels, based on a new design from Rolls-Royce, the UT 731 CD, and are 87.4 metres long and ...
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Ulstein double-X naming ceremony
The first two platform supply vessels with the ULSTEIN X-bow design will be named at Ulstein Verft. The two ULSTEIN PX105 vessels were ordered by Bourbon Offshore Norway and are on long-term charter ontracts with BP Norway. The vessels will primarily supply the oil fields operated by BP in the ...
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Sembawang awarded drillship upgrading contract
Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine in Singapore and one of the largest integrated ship repair and conversion facilities in Southeast Asia, has secured a $19 million contract from Neptune Marine Oil & Gas Limited (NMOG), Scotland, for the upgrading and reactivation of drill ship, ?Neptune Explorer?. Sembawang ...
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Samsung clinches drillship
Samsung Heavy Industries has clinched a $637 million drillship from a European-based owner for delivery June 2009.
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Struggling Ferguson still afloat
Ferguson Marine, the last independent commercial shipbuilder on the Clyde, revealed it had plunged deeper into the red with its third year of hefty losses. Although the yard continues to struggle against cutthroat competition and is still reeling from the loss of contracts to the Polish shipbuilder Remontowa, it said ...
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Polar christens final Endeavour tanker
Polar Tankers, Inc., a wholly owned subsidiary of ConocoPhillips, has christened the 142,000 DWT ?Polar Enterprise?, the company?s newest double-hulled crude oil tanker. Classed by ABS, Polar Enterprise is the fifth and final Endeavour Class tanker in Polar Tankers? U.S. flag fleet and is specifically designed to carry crude oil ...
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Kleven books largest order ever
Kleven Verft in Ulsteinvik, Norway, has, in cooperation with its associated company Myklebust Verft, signed contracts with Siem Offshore Inc in Kristiansand, Norway, for the building and delivery of six large and environmental friendly anchor handling vessels of the Vik Sandvik design VS 491 CD AHTS. The contracts include options ...
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Protos online
Be safe and save time! These are the fundamental goals of the PROTOS database by Germanischer Lloyd. Now online, PROTOS ("Provisions for Transportation of Solid Bulk Cargoes") allows shipping companies, chartering companies and marine terminals quick access to all safety regulations for dry freighters - be it regulatory, structural or ...
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USCG to order FRC cutters
The US Coast Guard (USCG) wants to build a total of 58 FRCs (fast response cutters) which are urgently needed to replace worn-out 34 metre cutters now in service. A previous plan to rebuild the existing cutter fleet ended after the first converted ships developed serious hull integrity problems.Northrop Grumman ...
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Orient Overseas orders boxships
Hong Kong based Orient Overseas (International), owner of the eighth- largest Asian container shipping line, placed a $477 million order for four vessels with Samsung Heavy Industries to expand its fleet. The ships, which can each carry about 8,063 TEU, will be delivered between 2009 and 2010. Orient Overseas, controlled ...
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Turkey's shipbuilding comes of age
Projects implemented by the Turkish Ministry of Transport in the last four years to increase shipyard capacity and efficiency has started to bear fruit. The ministry took the shipyards? demands for growth as their priority and development plans were approved by the Ministry of Public Works. The Tuzla Shipyard and ...
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EU extends shipbuilding aid
The European Commission said it has extended its state aid rules for shipbuilding until the end of 2008. Current measures expire at the end of this year and the EU Competition Commissioner, Neelie Kroes, said the specific use of future aid for innovation is an area the EU executive will ...
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Voith powers Taiwan tugs
Two Voith Water Tractors (VWT) have been ordered by Taiwan Navigation for use as escort vessels in the port of Taichung in Taiwan. The port entrance is particularly narrow and the new tugs will be used to escort LNG carriers safely to the newly constructed terminal. Each of the two ...
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Cummins, Beiqi Foton Motor form JV
The Indiana-based engine manufacturer, Cummins Inc., has entered into a 50/50 joint venture with Beiqi Foton Motor Co. in China to set up the Beijing Foton Cummins Engine Co. Ltd. (BFCEC). The company said the new joint venture company will manufacture two types of Cummins light-duty, high-performance diesel engines in ...
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GL Academy in Dalian
Engineering services such as hydrodynamics, strength and fatigue, vibration, acoustics and experimental investigation will be presented by Germanischer Lloyd Academy at the Shiport China trade show in Dalian this week. In addition, the training institute of the Hamburg based classification society, GL Academy, will offer a full range of advanced ...
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Daewoo adds another goliath
Daewoo Shipbuilding has added a second giant goliath crane, with a maximum capacity of 900 tonnes, a hoisting height of 72m and a rail span of 148m. With this newly-erected crane the shipbuilder will achieve a much improved productivity and efficiency in constructing vessels as well as offshore plants. The ...
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DNV classes world?s largest car carrier
The world?s largest newbuilding car carrier measured in car capacity is at present being built in Croatia to DNV class. The vessel will have a capacity of 7,000 vehicles and will be completed in January next year. The giant car carrier is being built for P.D. Gram and Leif Hoegh ...
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STX clinches three PCs
STX Shipbuilding clinched three 50,400DWT product carriers from Taiwanese carrier Formosa Plastic Marine for delivery by 30 November 2009. Total contract price is $137 million. Ship particulars are 183m in length, 32.2m in breadth, 19.1m in depth and have a speed of 15.2 knots.
