Latest News – Page 928
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News
Chinese yard is number five
A Chinese shipyard leaped to fifth position in the global shipbuilding industry in terms of order backlog for the first time, posing a potential threat to South Korean shipyards currently holding a third of the backlog worldwide according to a Yonhap News Agency report. As of the end of June, ...
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Frontline buys Suezmax newbuildings
Bermuda-based Frontline has entered into a contract with Jiangsu Rongsheng Heavy Industries Group in China for delivery of two 153.000 dwt Suezmax newbuildings. The vessels will be delivered in November 2008 and February 2009 and Frontline has also secured options for further 2 + 2 similar Suezmax newbuildings. The contract ...
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Samsung clinches drillship
Samsung Heavy Industries clinched an order for a drillship from a European shipowner. Contract price is $583 million and delivery is scheduled for June 2009.
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Cameroon shipyard project progressing
Construction work on the Limbe shipyard project in Cameroon is expected to be completed in December 2007. This was one of the revelations of a two-day adhoc committee meeting in Limbe during which the management of the Limbe Shipyard Project reviewed and evaluated the different levels of execution of the ...
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Izar goes private
The long drawn out privatization process of the Spanish shipbuilding company IZAR was finalized yesterday when the state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI) announced the sale of the shipyard facilities in Sestao, Gijon and Seville. Industry reports state that the buyers are private interests including the Danish ...
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VLCC for MOL-Sinotrans
Mitsui O.S.K. Lines (MOL) has signed an agreement under which M.S. Tanker Shipping Limited, a joint-venture company with Sinotrans, will own a newly built double-hulled Malacca-Max type VLCC. The 310,000 dwt tanker is being built at Mitsui Engineering & Shipbuilding in Japan for delivery between March and May, 2008.
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BAE gets Malaysian boost
BAE Systems has received a Letter of Intent (LoI) from the Government of Malaysia for the procurement of two frigates for the Royal Malaysian Navy (RMN). The project represents a highly significant industrial partnership between the Malaysian and British maritime industries. BAE Systems, through its Naval Ships business, based in ...
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Izar sold to local shipbuilders
More details have now been received regarding the sale of IZAR. Spain's government has now agreed to sell three shipyards to local shipbuilders as part of the privatization of troubled shipbuilding company Izar. In a press release, Spanish government holding company SEPI confirmed it agreed to sell the Sestao yard ...
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Latest version of ABS CSR SafeShip
ABS has released an enhanced new version of the CSR SafeShip for Tankers software. The new version 6.8 is an upgrade of the previous version 6.63, which shipyards have been using to evaluate tanker designs for conformance with the new IACS Common Structural Rules (CSR) since February 2006. The new ...
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Singapore orders new patrol vessels
The Singapore government has placed an order with Damen Shipyards Singapore for 10 specially-designed coastal patrol craft worth $85 million which includes the provision of training, spares and other services. The newbuildings will be bigger, faster and better than the current fleet of Police Coast Guard craft which will be ...
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BMT SeaTech relieves stress
With the launch earlier this year of BMT SeaTech Ltd?s new touchscreen version of its world-leading hull stress monitoring system, SMART Stress, ship owners are snapping it up. Already, a number of major tanker, bulker and LNG operators have ordered a total of 12 complete systems during their newbuild stage. ...
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Celebrity orders another from Meyer
Celebrity orders third vessel The cruise operator Celebrity Cruises, an affiliated company of Royal Caribbean Cruises, has ordered a third large cruise vessel from German shipbuilder Meyer Werft in Papenburg. The contract calls for the construction of a third unit of the Solstice class following the two orders which were ...
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Bohai inks four PCs
Bohai Shipbuilding in China clinched four 49,000DWT product carriers from Nanjing Changjiang Shipping for delivery during 2010 at a cost of $35 million each. The yard is currently building four similar vessels for the same owner with delivery of two in 2008 and two in 2009.
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Keppel FELS/Technip completes P-52 FPU
The consortium of Keppel FELS and Technip has completed the offshore mating of the 25,000-tonne topside and the 4,500-tonne spider deck with hull structure, weighing 17,500 tonnes, for one of the world?s largest floating production platforms, the P-52, in Brazil. Considered the most challenging phases in the construction of the ...
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WA wants naval contract
The State Government of Western Australia has stepped-up its campaign to convince theAustralian government that WA should play a major role in a $2billion Australian Navy vessel contract. It believes that the Australian Marine Complex (AMC), located near Perth, and includes Austal Ships, is the logical choice to assemble the ...
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More Traders on order
GTR Campbell, the designers of standard design ships like Freedom, Fortune, Friendship and Fantasy, in cooperation with their associated concept design firm Algoship Designers in the Bahamas, are behind the latest new building order for 12 ships of the 30,000 DWT Trader class handysize double hull bulk carriers. The order ...
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Russia orders four more from Aker
Aker Yards has signed a contract with the large Russian mining company Norilsk Nickel for delivery of four container/cargo ships for arctic operations, with an option for a fifth newbuilding. This order has a total value of approximately $400 million for four vessels and follows Norilsk Nickel's recent deployment of ...
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MES delivers a bulker
Mitsui Engineering & Shipbuilding in Japan has delivered a 56,056 DWT handymax bulk carrier to Lepta Shipping of Liberia. Named ?Darya Vishnu?, the newbuilding has a length of 189.99m, a width of 32.26m and a 17.9m depth with a draught of 12.55m. Mitsui made MAN B&W 6S50MC-C main diesel engine ...
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SembCorp expands offshore engineering business
SembCorp Marine Ltd in Singapore has signed two conditional sale and purchase agreements comprising the acquisitions of SemBeth and SMOE for S$183.73 million to expand and grow its rig building and offshore engineering business.The acquisition of SemBeth, whose assets include the 86 hectares of 22-year leasehold land, workshops, quays and ...
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Daewoo to build blocks in China
Daewoo Shipbuilding & Marine Engineering will start building a factory in China next week to produce blocks for ships. The plant, located in the Chinese northeastern port city of Yantai in Shandong Province, is projected to have an annual production capacity of 50,000 tonnes of ship blocks, or steel structures ...
