Latest News – Page 921

  • 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 ...

  • News

    Halul receives first Indian AHTS

    2006-09-04T00:00:00Z

    Doha-based Halul Offshore Service Company (HOSC) received their latest new anchor handling tug supply vessel (AHTS), the Halul 24, which was built by Bharati Shipyard in India. This vessel is the first of four AHTSs ordered by HOSC as a part of modernising their fleet and Halul 24 will be ...

  • News

    Hyundai develops new LNG scaffolding

    2006-09-04T00:00:00Z

    Hyundai Heavy Industries has developed a new membrane LNG scaffolding system based on modular design. Until now, the shipbuilder has used 256 scaffolding units when installing the membrane containment system in LNG carriers. However, thanks to the module unit method, the number of scaffolding units is reduced to 16. In ...

  • News

    Guidelines for composite joints in ships

    2006-09-04T00:00:00Z

    A new set of guidelines is now available summing up all the steps necessary to design, create, inspect and repair all types of bonded joints in ships. Cruise ships and other high-tech ships such as LNG tankers are increasingly utilising materials that cannot be cost-effectively joined by welding. Adhesive bonding ...

  • News

    PMA seeks revisions to ISM Code

    2006-09-04T00:00:00Z

    According to an exclusive report by Fairplay, the Panama Maritime Authority (AMP) is to make recommendations to the International Maritime Organisation (IMO) that revisions be made to the ISM Code in particular with respect to the incorporation of drills that recreate real, practical scenarios.These recommendations come as the AMP presents ...

  • News

    Third enhanced Enterprise drillship ordered

    2006-09-04T00:00:00Z

    Chevron has awarded Transocean a drilling contract for the construction of an enhanced Enterprise-class drillship, the third such contract award for Transocean in 2006 and the second contract award from Chevron, following a five-year contract for the construction of the Discoverer Clear Leader announced in March 2006. The enhanced Enterprise-class ...

  • News

    Polish restructuring plans not convincing

    2006-09-04T00:00:00Z

    The European Commission is still awaiting details from Poland on government subsidies for shipyards after warning Warsaw that failure to reply could force the EU to demand the troubled yards repay the funds. Poland missed a 31 August deadline to provide more information to prove that the aid was legal ...

  • News

    STX clinches Russian PCs

    2006-09-01T00:00:00Z

    STX Shipbuilding has clinched three product carriers from a Russian ship owner at a total value of $160 million. They will be delivered by May 2009.

  • News

    Daewoo wins Angola order

    2006-09-01T00:00:00Z

    Daewoo Shipbuilding clinched a DPP (Drilling and Production Platform) from Chevron Corp valued at $1.27 billion. The 85,000 tonne DPP will be the world?s largest offshore plant order in terms of value and the facility's size and will be delivered to Chevron?s subsidiary in Angola, Cabinda Gulf Oil Company, in ...

  • News

    RCC buying Pullmantur

    2006-09-01T00:00:00Z

    Royal Caribbean Cruises Ltd. is expanding in Europe and Latin America by purchasing Pullmantur, the largest cruise ship operator in Spain with five cruise ships.In addition to its cruise ships, Pullmantur has a tour operation that sells vacation packages to Caribbean resorts to Spanish customers, and European tour packages to ...

  • News

    Aker builds two more Nordcapital PSVs

    2006-09-01T00:00:00Z

    Nordcapital Holding in Hamburg, Germany, and Aker Yards have signed a contract to build another two Platform Supply Vessels (PSVs) of the type UT 755 LN. The two newbuildings are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The ...

  • News

    Hyundai expands Chinese facilities

    2006-08-31T00:00:00Z

    Hyundai Corporation has completed the slipway construction of Qingdao Hyundai Shipbuilding Co., Ltd, an acquired shipyard in China, and announced its mid- to long-term development plan. The newly constructed ?number four? slipway has the capacity to build a 25,000 dwt ship.Hyundai has laid out plans to continuously expand its shipbuilding ...

  • News

    Poland will give EU shipyard response

    2006-08-31T00:00:00Z

    The future of Poland's shipyards featured high in the Polish prime minister?s meeting and press conference with EC president Jose Manuel Barroso. The issue is one of the most contentious in strained relations between Poland and the EU.Under EU rules, governments can support struggling businesses, but only if they can ...

  • News

    KDB to unveil Daewoo sale

    2006-08-30T00:00:00Z

    Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering DSME), will announce in early 2007 a plan to sell the world's No. 2 shipbuilder, the bank's governor said on Monday. State-run KDB and government restructuring agency KAMCO jointly own half of the shipbuilder, one of former ...

  • News

    Steel distributors interested in Polish yards

    2006-08-30T00:00:00Z

    KEM and Zlomrex, which deal in steel and scrap trade, have expressed an interest in investing capital in, respectively, Gdanska and Szczecinska Nowa shipyards. They are the latest in a growing number of private investors interested in the booming shipyard market. Several months ago, Roman Karkosik said he was interested ...

  • News

    Dolphin dives into ship-building

    2006-08-30T00:00:00Z

    Dolphin Offshore Enterprise (DOE) in Mumbai, India, is in negotiations with three Gujarat-based companies to acquire a shipyard. DOE is having discussion with Gujarat government owned Alcock Ashdown besides two privately held companies based in the state including one in Jamnagar.DOE plans to invest $35 million in buying ships and ...

  • News

    SFPA selects IBS for new vessel

    2006-08-30T00:00:00Z

    Northrop Grumman has received orders to supply bridge navigation and communication electronics for a new offshore fisheries patrol vessel under construction for the Scottish Fisheries Protection Agency (SFPA). The equipment, to be supplied by Northrop Grumman?s Sperry Marine business unit, will include a complete networked system that ties together all ...

  • News

    Makin Island christened

    2006-08-30T00:00:00Z

    The United States Navy recently christened the Makin Island (LHD 8) amphibious assault ship in Pascagoula, Miss. at Northrop Grumman Ship Systems. The Makin Island, which is powered by two GE LM2500+ gas turbines coupled with GE main reduction gears, was design and built by Northrop Grumman.According to Karl Matson, ...

  • News

    State stalling ferry purchase

    2006-08-29T00:00:00Z

    A Tacoma shipbuilder has filed a claim against the state Department of Transportation and Washington State Ferries alleging they have intentionally stalled the purchase of four new ferries to replace ships that are nearly 80 years old.J.M. Martinac Shipbuilding also claims that Transportation Secretary Doug MacDonald has waged a vendetta ...

  • News

    CSE seeks funding and labour costs cuts

    2006-08-29T00:00:00Z

    Canadian Shipbuilding & Engineering Ltd. (CSE) will seek government money, cut labour costs and restructure before resorting to a sales process if necessary, the monitor overseeing its bankruptcy protection said in court documents. CSE was formed 20 years ago by the merger of the shipbuilding and repair divisions of two ...