Latest News – Page 944
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Hyundai wins six tankers
Hyundai Heavy Industries has won an order for four VLCCs at the price of $480 million from a European ship owner. They will be delivered by June 2009.
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Babcock ready to do battle
Babcock International will defend itself with a robust trading statement this week as directors face up to the probability that they could be involved in a fierce take-over battle. Already BAE Systems and VT have announced that they are interested in making a break-up bid for the company, with its ...
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HHI opens block factory
Hyundai Heavy Industries has started to use its new shipbuilding block factory in Ulsan, which will supply 86,000 tonnes of blocks for ships this year. The 347,500 m2 plant is equipped to manufacture hatch covers and LPG tanks and, together with the outdoor areas and warehouses, will have an annual ...
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B.C. approves new ferries
The British Columbia government in Canada has approved funding for three replacement ferries on its north coast routes. This announcement was made on the same day Premier Gordon Campbell flew up to the site of the first-ever sinking of a BC Ferry. The ?Queen of the North? sank after apparently ...
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GE Shipping acquires new OSV
The Mumbai based Great Eastern Shipping Company (GE) recently took delivery of a newly built OSV named Malaviya Twenty Five from the Indian shipbuilder Bharati Shipyard Ltd.Bharati Shipyard has also won an order from GE for a 140 tonne bollard pull anchor handling tug supply vessel with delivery expected by ...
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Mangalia delivers first newbuildings
Daewoo Shipbuilding & Marine Engineering (DSME) has delivered the first three vessels built at its Romanian shipyard Daewoo Mangalia. These 69,180 dwt crude oil tankers are the largest-ever built in the Black Sea area and were ordered by LMZ Transoil Shipping Enterprises S.A. of Greece in October 2003. With design ...
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GBS examines Star Princess
Cruises? ?Star Princess? recently arrived at the Grand Bahama Shipyard where an examination will be carried out to assess the extent of the fire damage sustained to some 150 cabins. The fire broke out in the early hours last Thursday as the cruise ship was sailing from the Cayman Islands ...
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BAE and VT ponder Rosyth purchase
BAE Systems and VT, the UK defence and civil contracting groups, are considering a joint bid for the Rosyth dockyard owned by Babcock, the support services and shipbuilding group, in a move that could trigger the consolidation of Britain's warship construction capability. Industry insiders suggest that any bid would have ...
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Daesun wins chemical tankers
Daesun Shipbuilding in South Korea wins an order for four chemical tankers from an Asian ship owner. Total contract price is $139 million for delivery by June 2009.
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Garware fleet expansion
Garware Offshore Services based in Mumbai, India, plans to acquire two anchor handling towing-cum-supply vessels (AHTSs) and one platform supply vessel (PSV) for an estimated cost of $55 million. This will increase its fleet size to 10 vessels comprising six AHTSs and four PSVs.The company is in final stages of ...
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VLCC duo for Euronav
Euronav NV based in Antwerp, Belgium, has signed a contract with Hyundai Heavy Industries to build two double hull 318,000 dwt VLCCs to be delivered in the first quarter of 2009. The construction price for each ship is $120 million. Euronav already owns, fully or in joint venture, 4 ships ...
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Frontier Discoverer enhancement
Frontier Drilling USA in Houston has engaged Aker Arctic of Helsinki, Finland, to proceed with the initial design and conceptual development of the modification work for their turret moored drillship ?Frontier Discoverer?. The work includes development of a modified hull form and protection to the riser to suit the harsh ...
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Maersk contracts eight AHTS
Maersk Supply Service signed a contract for eight new 11,242kW VS 472 anchor handling and supply (AHTS) vessels from AKER Yards AS in Norway. The vessels are of Vik & Sandvik design and the first vessel is expected to be delivered during the first quarter of 2008 with the following ...
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STX signs up product carrier
STX Shipbuilding clinched a 51,000DWT ice class product carrier from Pietro Barbaro in Italy. Ship particulars are 183m in length, 32.2m in breadth and 19.1m in depth. Coincidently, the Italian owner christened three similar 51,000DWT product tankers at STX which are named West Point, Ice Point and Baltic Point.
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Indian company orders two Aframaxes
India`s Chambal Fertilizers & Chemicals has placed an order with South Korea`s Hyundai Heavy Industries for two Afamax tankers. One vessel is expected to be delivered in the last quarter of 2008 and another in the first quarter of 2009.
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GL publishes new IMO Pilot
Germanischer Lloyd has just published the new "IMO Pilot 2006" with an overview on the current legislation of the IMO is now available. New additions include the requirement to fit water level detectors in the cargo hold of single hold ships and the introduction of the "Company and registered owner ...
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Samho clinches VLCC pair
Hyundai Samho Shipbuilding in South Korea clinched two more VLCCs from NSCSA in Saudi Arabia. The 318,000DWT tankers will be delivered by 2009 at a total price of around $240 million.
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Orders continue being placed in China and Korea
Bohai Shipbuilding in China won an order for two 300,000DWT VLCCs and eight 50,000DWT product carriers from Nanjing Tanker Corporation at a total cost of around $500 million. No delivery date has been revealed.Shanghai Chengxi Shipyard in China secured five 53,000DWT bulk carriers from Parakou in Hong Kong. Total contract ...
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Largest boxship christened
The world's largest container ship, a 9,500 TEU post-Panamax vessel classed by Germanischer Lloyd, has been christened ?COSCO NINGBO?. The 350 m long, 42.8 m wide 109,149 DWT ship was built by Hyundai Heavy Industries in Korea for the Greek ship owner Costamare and is chartered by COSCO. It is ...
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Mipo clinches six PCs
Hyundai Mipo Dockyard in South Korea won an order for six 46,000DWT product carriers from the Norwegian shipping company Westfal-Larsen at a total contract price of $300 million. They will be delivered by December 2009.
