Latest News – Page 913
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DNV growing in China
Bj?rn K. Haugland has no doubts about his objectives for DNV in China. "My mission is to give our customers first-class support and through that expand DNV?s business in this growing market. We consider China, and Greater China as a whole, as a real growth area," says DNV?s regional manager ...
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MAIB reports on cruise ship fire
The UK?s Marine Accident Investigation Branch (MAIB) published its report into the fire that broke out on a cabin balcony on board the Bermuda-registered cruise liner Star Princess on 23 March 2006. The investigation was carried out by the MAIB on behalf of the Bermuda Administration with the help of ...
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Pietro Barbaro constructs tankers in Russia
Italian shipper, Pietro Barbaro, intends to construct a fleet of 12 crude tankers and carry nearly 1 million tons of crude and petroleum by river from 2009. The market analysts say Pietro Barbaro has chosen bad time for launching the business in Russia, where petroleum has been leaving rivers since ...
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R&R Marine newbuildings for Pelican Offshore
R&R Marine Fabrication and Drydock ("R&R Marine") in Port Arthur, Texas, has signed an agreement with Pelican Offshore Services Company, Inc. ("Pelican Offshore") of Galveston, Texas to build four lightering support vessels with an option to build four additional vessels. Pelican Offshore is a wholly owned subsidiary of AET Inc ...
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Sumatec building two tankers in China
The Malaysian company Sumatec Resources Bhd, through its wholly-owned subsidiary Semua Shipping Sdn Bhd, has entered into two shipbuilding contracts with Yangzhou Kejin Shipyard and Jiangsu Guotai International Group for the construction of two 8,000 dwt product oil tankers for $12 million each.Delivery of the first vessel is expected in ...
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Hartmann orders two AHTS from Fincantieri
Fincantieri has gained an order from Hartmann Logistik GmbH to build two multipurpose Anchor Handling, Tug & Supply Vessels (AHTS) with delivery scheduled for December 2008 and February 2009. The contract includes an option for further two.The vessels, classed by ABS, will be 76.50 metres long, 17.50 metres wide with ...
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Croatia snaps up Yarmouth ferries
Wightlink has placed a contract for two new Yarmouth to Lymington ferries with a Croatian shipyard. The ferries, set to cost about $19 million, are due on the route before the summer season of 2008.The new design came from a working party made up of staff from the route, managers ...
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PNSC finalises financing deal
The Pakistan National Shipping Corporation (PNSC) has finalised a $135 million financing deal with ABN-Amro Bank for acquisition of three vessels. These new vessels include two Aframax class double-hull oil tankers and one Panamax class bulk carrier.The vessel acquisition plan would cost $150 million, of which $135 million has been ...
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Nokbong clinches two chemical tankers
Nokbong Shipbuilding in South Korea clinched two 12,000DWT chemical tankers from Heung-A Shipping for delivery during second half of 2008. Total contract price is $61 million.
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Seabourn orders two of the best
Seabourn Cruise Line has placed an order to build two new, ultra luxury ships, for delivery in spring 2009 and 2010. Seabourn, a division of Miami-based Carnival Corporation, has signed a letter of intent for the project with shipbuilder T. Mariotti of Genoa, Italy. The sister ships will have an ...
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Italian shipbuilders reach record-high orders
Faced with fierce competition from shipbuilders in Korea, Japan and China, Europe has responded by focusing on technological supremacy and is third in terms of tonnage built and first in terms of value. Italy has distinguished itself in the highly specialised niche market for passenger ships, cruise ships and ferries ...
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Pearl ready for trials
Having completed extensive tests and engine trials, the 93,500 gt cruise ship Norwegian Pearl was floated out of the covered building dock of Meyer Werft and berthed at the yard?s outfitting pier where outstanding work will be completed. She will then proceed down the river Ems to carry out sea ...
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GulfMark gets AHTS newbuilding
GulfMark Offshore, Inc. in Houston, Texas, has received delivery of the newbuilding Sea Sovereign built by Jaya Shipbuilding and Engineering PTE LTD at their Batam, Indonesia yard near Singapore. The newbuilding is a 70 metre, 5,500 BHP, 70 tonne bollard pull, dynamic positioning 2 (DP-2) anchor handling towing supply (AHTS) ...
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Sovcomflot tanker delivered
STX Shipbuilding in South Korea delivered a new product tanker to Sovcomflot JS?. Named ?SKF Neva?, this is the first product tanker of the series and the 46,520 tonne vessel is 183 metres long and 32.20 metres wide. ?SKF Neva? will be deployed between Vladivostok and ports in South-East ...
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Vinashin FSO first
PetroVietNam Technical Services Company signed a $110 million contract with Vinashin for a new floating storage offshore (FSO) vessel. This will be the first FSO to be built in Vietnam and is scheduled for completion in 17 months.
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Galbraith's predicts Suezmax growth
International shipbroker and consultant Galbraith's Ltd says that demand for Suezmax tankers is expected to grow strongly in the next five years in line with large-scale expansion of crude oil exports in three of the four main Suezmax markets. In a new report on the Suezmax market, Galbraith?s notes that ...
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Clyde yards threatened
Plans for two Clyde-built Type 45 destroyers could be scrapped by the UK?s Ministry of Defence as part of a long-term £12bn budget cut demanded by the Treasury ahead of next year's Whitehall departmental spending review.Six of the advanced air-warfare ships have already been ordered, with one launched and two ...
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Davie shipyard going Norwegian
The Davie Industries shipyard in Lévis, Quebec in Canada, has avoided liquidation and finally found a buyer. Teco Management of Norway will invest $13 million to buy the facility, while the Quebec government will guarantee half of a $15.5-million loan which is conditional on the company having a payroll of ...
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Swee Joo acquiring more ships
The Sarawak-based shipping company Swee Joo Bhd may acquire more than five vessels over the next 15 months in anticipation of growth in the palm oil industry in East Malaysia and an increase in trade activities within the Asian region.Swee Joo, which is a market leader for domestic containerised cargo ...
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Wärtsilä acquires Swedish shipyard
Wärtsilä has signed an agreement to acquire the entire business of the Swedish company Stockholms Fartygsreparationer AB. The agreement is worth 7.5 million Swedish krona (EUR 0.8 million). Stockholms Fartygsreparationer handles all types of ship repair on the eastern coast of Sweden and in 2005 had net sales of 8 ...