Latest News – Page 924
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IE and V.Ships in strategic partnership
UK-based Intelligent Engineering (IE) has signed an agreement with leading shipping services provider V.Ships Marine Services to promote opportunities for the application of the company's Sandwich Plate System (SPS) technology.Specifically, IE will be working closely with V.Ships Holdings' SeaSquad Repair Services Ltd, SeaTec Ltd and the Marine Contracting Association (MARCAS) ...
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Christensen chooses Tennessee
Canada?s Christensen Yachts Ltd., which builds yachts, has chosen Tennessee as the site of a new shipyard. CYL will build yachts costing as much as $50 million each at a new $20 million facility on the shore of Tellico Reservoir southwest of Knoxville. Upon completion, the yachts will be sailed ...
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Renaissance to buy 2 vessels
Renaissance Services, in the Sultanate of Oman, plans to acquire a platform supply vessel and a rescue ship to support its oil service contract business in the Caspian Sea. The PSV called ?Citadel? and the emergency response and recovery ship named ?Bakki? will join the fleet next month. The ?Citadel? ...
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India plans to build another shipyard
The Tuticorin Port Trust (TPT) in Southern India plans to construct a shipyard at an estimated cost of $215 million said its chairman N K Ragupathy.Detailing the proposed plan of setting up the shipyard at the harbour in Thoothukudi, Ragupathy said a feasibility report on the project that had been ...
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Potential newbuilding deal for NZ
A major shipbuilding contract worth hundreds of millions of dollars could be heading to Whangarei in New Zealand. The Whangarei District Council will be discussing an offer from Culham Engineering to buy a block of council-owned land in the port area. The company is believed to want the block, which ...
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TTS acquires Umoe Schat-Harding
TTS Marine ASA has entered into a letter of intent (`Heads of Agreement`) with Umoe Industri regarding the takeover of Umoe Schat-Harding, which supplies lifeboats and other life-saving equipment to the shipping and offshore markets. The agreed purchase price is around NOK 360m out of which NOK around 210m will ...
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Offshore rig boom
For years, the Gulf of Mexico, which is the birthplace of offshore drilling and a very active region for underwater exploration, dictated global contract terms for drilling equipment. In 2001, about 148 rigs were in the Gulf. Now, about 90 remain, and more will leave soon.Although the hurricanes Katrina and ...
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New Brunswick ferry service upgrade
The New Brunswick department of transportation in Canada has issued a request for qualifications for the operation of vehicle passenger ferry services to the islands of Grand Manan and White Head. The project will include the design, supply and financing of a ro-ro replacement for the current ferry, Grand Manan, ...
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Bharati wins Reliance deal
Bharati Shipyard in Mumbai, India, has bagged a contract from Reliance Industries for the construction of six vessels, including one diving support vessel, for its offshore terminal at Jamnagar. The contract value of the order is approximately $26 million.With this order, the company?s current order book position is $342 million, ...
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ASC to be sold off
The former Australian Submarine Corporation (ASC Pty Ltd) will be sold under a competitive tender by the South Australian federal government. The tender would most likely begin in late 2007, with a sale completed by the second half of 2008 and would protect the company's long term interests. It is ...
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KY delivers first ship
KY Heavy Industries in South Korea delivered first ship of 13,000DWT chemical tanker to the Greek Unibros Shipping Corp which ordered three ships at a total value of $55 million. Ship particulars are 128.6m in length, 20.4m in breadth, depth of 11.5m and a service speed of 14.3 knots. The ...
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Coastal to build offshore vessels
Coastal Contracts Bhd in Sabah, Malaysia, will focus on building oil and gas (O&G) logistics vessels to capitalise on the current high crude oil prices and increase in O&G exploration as well as production activities. The company was currently working to secure the supply of machinery and equipment for the ...
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Cargo ventilation guide
The 'A' rated 65 million GT North of England P&I club has published a new guide for its members and the wider shipping industry on how to avoid problems and disputes arising from incorrect usage of natural and mechanical hold-ventilation systems on cargo ships.According to North of England's risk-management manager ...
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China to get big Venezuelan contract
Venezuelan President Hugo Chavez will travel to China later this month to strengthen energy ties between the two countries, and is expected to sign contracts worth more than $1 billion. Chavez will sign agreements for 18 oil tankers worth $1.3 billion, as well as 24 oil-drilling rigs, Energy and Oil ...
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Varun plans to build LNG carriers
India?s fourth largest private sector shipowner, Varun Shipping Co, plans to raise $536 million in an effort to expand business, mostly in the carriage of liquefied natural gas.Varun, a leading player in the transport of liquefied petroleum gas, will sell securities either in the domestic market or abroad to raise ...
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New repair dock opened
PT ASL Shipyard Indonesia, a subsidiary of Singapore-based ASL Marine Holdings Ltd, has commissioned the 150,000 dwt graving dry dock at its shipyard in Batam, Indonesia. The new dry dock, measuring 260m x 60m x 11m, is capable of accommodating vessels up to Capesize and has increased docking capacity and ...
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Swissco orders OSV
Swissco Offshore in Singapore has ordered a multi-purpose offshore support vessel from a Chinese shipyard in Guangzhou. The 55metre vessel, to be delivered in the first half of 2008, will be the group?s first vessel to incorporate an anchor handling capability and bulk cargo handling capability. With the ability to ...
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Five boxships for Seaspan
Seaspan placed an order for five 5,100TEU container ships with Hyundai Heavy Industries for delivery during 2009.
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New shipyard planned for Azerbaijan
Korean representatives will arrive in Baku to hold talks on the creation of a new shipbuilding and ship-repair facilities in Azerbaijan. It is expected that talks on this project will also be held with representatives from Turkey, Italy and other countries. At present, the Azerbaijan State Caspian Shipping Company (SCSC) ...
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Flensburger launches Cobelfret Con-Ro
The first of two Con-Ro vessels for the Belgium customer Cobelfret was launched at Flensburger Schiffbau in Flensburg, Germany. Delivery is planned for November 2006. The new vessel will be named after delivery in a port which Cobelfret will announce at a later date. With an overall length of 203 ...
