Latest News – Page 939
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European warship contractors pool together
Five major European naval shipbuilders have formed a club to promote synergies in materials procurement as part of broader efforts to reduce costs. The companies, BAE Systems, DCN, Fincantieri, Navantia and VT Shipbuilding Limited, recently signed an agreement setting up the Warship European Procurement (WEP) Club.Procurement represents approximately 60% of ...
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Koreans secure half of worldwide Q1 orders
Shipbuilding contracts secured by Korean shipyards in the first quarter accounted for more than half of the entire orders received worldwide. According to London-based ship broker Clarkson, Korean shipbuilders won more than 6 million CGT worth of orders from January to March this year. That is more than twice the ...
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Dalian clinches seven ships
Dalian Shipyard has clinched orders for seven tankers. The shipbuilder has won new order of three 76,000DWT product carriers and four 298,000DWT VLCCs. Delivery of the seven ships will be made during 2009.
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Vinashin gets Japanese boost
Vinashin?s subsidiary, Nam Trieu Shipbuilding Industry, last Friday signed a contract to build two 56,200-DWT bulk carriers for Japan?s Itochu Co. Nam Trieu expects to complete the first ship in December 2008 with the second scheduled in May 2009.These two ships are the first in a potential 15-ship series of ...
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Aker inks Indian order
Greatship (India) Limited, wholly owned subsidiary of The Great Eastern Shipping Company Limited, Mumbai India, has confirmed an agreement with Aker Yards, for the building of two PSVs of UT 755 LN type. The contract value is approximately $46.3 million and delivery of the 3,240 DWT newbuildings is scheduled for ...
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Woodside plans mega LNG order
Woodside Petroleum Ltd., Australia's second-largest oil and gas producer, plans to order as many as 18 LNG tankers to supply gas to markets including the USA. Woodside, 34% owned by Royal Dutch Shell, may need between four and six tankers to ship LNG from the planned $3.7 billion Pluto gas ...
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Aker on an all-time high
Aker Yards ASA reported an EBITDA of NOK 357 million for the first quarter of 2006, an increase of 125% compared with the first quarter of 2005. The order intake in the first quarter was NOK 14.3 billion, almost a doubling from the previous quarter, giving a total order backlog ...
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China inks Seaarland order
Seaarland Shipping Management in Austria has ordered two 114,000DWT tankers from the New Century shipyard in China for delivery during 2008. Ship price per unit is $58.5 million.
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Rem inks two more with Kleven
Kleven Verft in Ulsteinvik, Norway, has signed a new contract with Rem Maritime of Fosnavåg, Norway, for the building of two new, sophisticated offshore vessels.The vessels are both Multi Purpose Subsea Operation Support Vessel of the MT 6022 design, a new design developed in close cooperation between owner and yard, ...
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Two dolphins for H&W
Harland and Wolff Heavy Industries in Belfast has secured major contracts for manufacturing and upgrading work on two oil rigs, Blackford Dolphin and Bredford Dolphin. Both rigs are owned by the Norwegian company Fred Olsen Energy.The Belfast yard will design and construct two modules for the Blackford Dolphin semi-submersible drill ...
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MISC orders chemical tankers
Malaysia?s biggest shipping group, MISC Bhd, has ordered four chemical tankers from South Korea's STX Shipbuilding for delivery in 2009. Although MISC gave no value for the orders, STX said on April 3 that it had won orders worth $399.4 million from India and Malaysia to build eight chemical tankers, ...
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Toisa newbuilding for Merwede
IHC Holland Merwede BV announced that its subsidiary Merwede Shipyard received the contract for the design and construction of a new Diving Support / Offshore Construction vessel for Bermuda based Toisa Limited. Merwede Shipyard was granted this order because of its ability to design and offer a fixed price for ...
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Croatia to restructure shipbuilding industry
The Croatian Privatisation Fund has opened submitted offers for the selection of a consultancy firm to advise the Croatian Government on the development of a national program for restructuring the country?s shipbuilding industry. All five consultancy companies submitted bids and comprised of the merged First Marine International and Roland Berger ...
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MBC to receive new tanker
Malaysian Bulk Carriers Bhd (MBC) expects the first of its four new medium-range product tankers to be delivered next month, with the remaining three to be delivered in 2007. With the delivery of the four new mid-range tankers, the company's fleet size would increase to 21 vessels. The cost of ...
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Vietnam to build first tanker
In July 2006, the Vietnam Shipbuilding Industry Corporation (Vinashin) will commence the construction of the first oil tanker for Vietnam?s oil and gas industry. The 100,000 DWT tanker, to be named ?Dung Quat No 1? is scheduled for launch in 2007.According to the Dung Quat management board, the Infrastructure Development ...
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Finland delivers Tallink ferry
Finland delivers Tallink ferryThe 48,300 gt cruise ferry 'Galaxy' was delivered yesterday by the Aker Yards? Rauma shipyard to the Estonian ferry operator Tallink. The contract worth $204 million was signed in October 2004 and the vessel will start cruises from Helsinki to Tallinn. The 927 cabin newbuilding is one ...
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Gotlandia delivered
Fincantieri?s Muggiano shipyard witnessed the christening of the fast ferry Gotlandia II, ordered in June 2004 by the Swedish owner Rederi A.B. Gotland for its ?Destination Gotland? subsidiary. The ship, which was built at Fincantieri?s Riva Trigoso shipyard and fitted out at Muggiano, was completed in just 14 months from ...
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Proud delivery for NCL
Meyer Werft in Germany has delivered the 93,558 gt cruise ship ?Pride of Hawaii? to the operator NCL America (USA). The delivery was postponed, because the yard changed the bearings of the pod propulsion system as a precautionary measure in order to avoid damage to the system. The ?Pride of ...
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New floating crane for Daewoo
Daewoo Shipbuilding has completed the construction of a 3,600 tonne lifting capacity floating crane for its own use. This facility will enable the Korean shipbuilder to erect very large sized blocks of up to 3,600 tonnes which will dramatically improve shipbuilding productivity.
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ABG plans expansion
ABG Shipyard in Mumbai, India, plans to raise up to $100 million to expand its ship-building capacity to match rising demand. The company is already building its second shipyard at Dahej with a capacity to build larger ships than at the first site in Surat. The new yard is expected ...