Latest News – Page 920

  • News

    HSL to develop Sarawak shipyard

    2006-09-07T00:00:00Z

    Hock Seng Lee Bhd (HSL) will develop an RM50million ($14 million) shipbuilding industrial zone in the new township of Tanjung Manis in central Sarawak. The proposed zone of 142ha will cater for the construction, repair and maintenance of ships and other related downstream activities. HSL signed a memorandum of understanding ...

  • News

    Crowley orders four more ATBs

    2006-09-07T00:00:00Z

    Crowley Maritime Corporation?s Vessel Management Services subsidiary has signed a contract with VT Halter Marine Inc. to build four more articulated tug-barges (ATB), 185,000-barrel tank vessels. The new vessels will have an estimated delivered cost of approximately $236 million, including owner-furnished equipment. The vessels will be delivered in six-month intervals ...

  • News

    Double naming ceremony for E.R. Schiffahrt

    2006-09-07T00:00:00Z

    The naming ceremony was held for another two large container ships for E.R. Schiffahrt at the Hyundai shipyard in Samho, South Korea. The two Super-Post-Panamax vessels each have a capacity of 8,204 teu and are the planned continuation of the newbuilding programme of the shipping line belonging to the Nordcapital ...

  • News

    Davie shipyard facing closure

    2006-09-07T00:00:00Z

    Barring another last-minute reprieve, Canada's oldest and most illustrious shipyard will be liquidated in a dockside auction beginning 23 October. Items for sale include shops, cranes, trucks, and memorabilia from its 181-year history.

  • News

    Aker France strikes it rich

    2006-09-07T00:00:00Z

    Aker Yards is to build two cruise vessels for Norwegian Cruise Line, with an option for a third. The value of the two vessels is EUR 1,470 million ($1,869 million) and they will be delivered in 2009 and 2010 from the recently acquired yard in Saint Nazaire. This is the ...

  • News

    Seadrill secures work for semi-sub newbuild

    2006-09-07T00:00:00Z

    Seadrill has been awarded a letter of intent by an E&P operator in the Gulf of Mexico for the semi-submersible drilling rig West Sirius (Jurong 1). The contract has a firm duration of four years with the option for the operator to extend the contract to five or six years. ...

  • News

    Austal teams with GL

    2006-09-06T00:00:00Z

    Australian fast-vessel builder Austal Ships Pty Ltd. has prolonged its long-standing technical and commercial partnership with the classification society Germanischer Lloyd (GL). The agreement was extended for the fourth time in the last eleven years. GL will continue to provide classificatory handling, technical advisory services and accompanying analyses of strength, ...

  • News

    Daewoo carries out 3D model review process

    2006-09-06T00:00:00Z

    The Outfitting Design Team of Daewoo Shipbuilding carried out a drawing review of a 3-dimensional model using a CAD program together with representatives of A.P. Moller. The review was of vessel designs, bearing DSME?s H.N.4117~20, 8,100TEU containerships.Through the newly devised 3D outfitting design simulation, both the owner and builder are ...

  • News

    Dung Quat shipyard prepares for first newbuilding

    2006-09-06T00:00:00Z

    The Dung Quat shipyard in Vietnam has imported 1,500 tonnes of steel, the first shipment of steel plates for the construction of a 100,000 dwt oil tanker. This newbuilding will be the first ship to be built by the new Dung Quat Shipbuilding Industry Corporation in the Dung Quat economic ...

  • News

    Clyde made in Portsmouth

    2006-09-06T00:00:00Z

    ?HMS Clyde?, the first ship to be built in Portsmouth Naval Base for nearly 40 years, will be named at VT Shipbuilding?s facilities on Thursday, 7 September. The Royal Navy?s new 80 metre Offshore Patrol Vessel (Helicopter) is the first ship constructed in the naval base since 1967 when the ...

  • News

    EU receives Polish shipyard restructuring plans

    2006-09-06T00:00:00Z

    The Polish government has now provided the EU with details of government subsidies for shipyards after a warning that failure to do so could force the EU to demand the yards repay the funds. "The commission will now need several weeks to analyze the restructuring plans to assess whether ...

  • News

    Trico orders two OSVs

    2006-09-06T00:00:00Z

    Trico Marine Services, Inc. has signed an agreement to build two GPA 640, 64.6 metre offshore supply vessels (OSV) for a total cost of approximately $35 million. The vessels will have diesel electric propulsion and class 2 DP systems. Bender Shipbuilding & Repair will build the vessels at its shipyard ...

  • News

    DCN offers maintenance system to RCN

    2006-09-06T00:00:00Z

    A French naval shipyard wants to sell the Canadian navy (RCN) a maintenance formula designed to ensure its troubled submarine fleet spends more time at sea. Direction des Constructions Navales, known as DCN, is based in Cherbourg, France and representatives are in Halifax this week touting a maintenance method which, ...

  • News

    Umoe abandons Schat-Harding TTS merger

    2006-09-06T00:00:00Z

    Plans by the Norwegian group Umoe Industri to merge its lifeboat and davit subsidiary Umoe Schat-Harding with Bergen-based equipment manufacturer TTS Marine ASA have been cancelled. Umoe has called off the proposed all-share merger following a significant change in the shareholder profile of TTS.Jarle Roth, executive vice-president of the Umoe ...

  • News

    Struggling yard secures barge contract

    2006-09-06T00:00:00Z

    New vessel construction will return to the Portland Shipyard in the USA for the first time in years under a contract announced Tuesday. New venture U.S. Barge expects to deliver its first ocean-going barge to Young Brothers Ltd. in Hawaii in September 2007. U.S. Barge is co-owned by Vigor Industrial ...

  • News

    Exmar completes first LNG STS

    2006-09-05T00:00:00Z

    Exmar, the Belgian gas tanker operator with a diversified fleet of 50 ships, has successfully carried out the first commercial ship-to-ship (STS) transfer of LNG. A total of 20,650m³ of LNG was successfully transferred from the LNGRV Excelsior (130,800m³ built 2005) to Excalibur (138,000m³ built 2002) in in the Gulf ...

  • News

    Stella Polaris no more

    2006-09-05T00:00:00Z

    A liner once used by millionaire travelers sank early Saturday in the Pacific Ocean off Wakayama Prefecture in Japan while it was being towed to Chin. The 5,100 gt Scandinavia, formerly named the Stella Polaris, was built in 1927 and was sailing as a luxury cruise ship until 1969, was ...

  • News

    Northrop Grumman awarded DDG 1000

    2006-09-05T00:00:00Z

    Northrop Grumman Corp. has been awarded a $95.8 million contract for the detail design of the US Navy's 21st century DDG 1000, formerly called the DD(X), destroyer. The contract, to be performed by the company's Ship Systems sector in Pascagoula and Gulfport, includes the detail design and procurement of any ...

  • News

    Korean shipyards face BRIC challenge

    2006-09-05T00:00:00Z

    Korean shipbuilders' earnings are forecast to improve through 2008 and beyond as the tight supply and demand balance allows them to pass on rising costs, said US-based investment bank Lehman Brothers in a report. Lehman's expects earnings at the shipyards to report a 64% growth over the 2006-2008 period as ...

  • News

    Poland to revise shipyard strategy

    2006-09-05T00:00:00Z

    The Polish government said it will revise plans for restructuring its shipyards, seeking to save 16,000 jobs. Under pressure from the European Commission, Poland said it will come up with a new strategy to rescue the three Baltic coast shipyards that doesn't violate European rules on government subsidies. The European ...