Latest News – Page 947
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Petronet LNG to float shipping subsidiary
The Indian gas importer, Petronet LNG Ltd (PLL), plans to float a shipping subsidiary overseas to haul gas to its greenfield re-gassification terminal of 2.5 million tonnes per annum capacity proposed at Kochi in Kerala. The diversification plan has been unveiled in the tender conditions stipulated by Petronet for selecting ...
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FBMA launches high-tech crewboat
FBMA Marine based shipyard in western Cebu, Philippines, has just launched the first of the two ?Sea Slice? 149 passenger offshore crew boats ordered by the Mexican company Hoteleria y Servicios Petroleros (HSP). Named ?Lider?, the innovative ?Sea Slice? design, developed by the US company Lockheed Martin, is based on ...
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Keppel secures Prosafe FPSO deals
Keppel Shipyard has been awarded two contracts valued at approximately $80 million for the conversion of two new FPSO facilities for Prosafe Production (Prosafe). The first contract is for the conversion of the 25-year old tanker, Apollo, into an FPSO capable of handling a daily oil production of 90,000 barrels ...
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The Motor Ship Propulsion Conference Conference newsletter
The Motor Ship Propulsion Conference 200626th ? 27th April, Radisson SAS Scandinavia Hotel, CopenhagenWorld?s largest shipowners? body back 2006 marine propulsion conferenceThe Motor Ship is pleased to confirm that The Motor Ship Propulsion Conference 2006 is now in association with BIMCO ? the Baltic and International Marine Council ? the ...
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Tag orders ABG trio
Tag Sealogistics in Mumbai, India, placed an order for three 4,700kW, 80 tonne bollard pull AHTS vessels with ABG shipyard. The cost is expected to be around $42 million and delivery is expected to be completed during 2007. The company currently owns three AHTS vessels and one tug, all of ...
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MacGREGOR initiates replacement of fully automatic twistlocks
MacGREGOR is initiating the replacement of fully automatic twistlocks with proven semi-automatic twistlocks for its customers. This move follows the recent spate of container losses involving between 400 and 500 units that have been lost overboard from container ships in around 20 separate incidents. While the incidents are still being ...
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Cammell Laird back
Long-term ship repair and conversion work will return to the former Cammell Laird shipyard. The resumption of marine engineering work at the famous Birkenhead yard in the UK follows an agreement being struck between Northwestern Shiprepairers and Shipbuilders and site owner Reddington Finance.The two sides have been in dispute since ...
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China to build more LNG tankers
Chinese shipbuilders are gearing up to build LNG tankers as the Government approves more projects to import the fuel, challenging yards in South Korea and Japan.China's first home-built LNG tanker will be completed in November by Shanghai's Hudong-Zhonghua Shipbuilding, which has orders for three more at about $200 million apiece. ...
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Korean shipbuilders looking abroad
Korean shipbuilders are considering building more shipyards overseas to meet the current demand for newbuildings. Daewoo Shipbuilding & Marine Engineering is seeking to acquire shipyards for medium-sized vessels in Brazil, Angola and China where it is currently building a factory for hull blocks in Yantai, northeast China, that is to ...
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Frontline duo for Jiangnan
Jiangnan Heavy Industries in China secured an order for two 297,000DWT VLCCs from Frontline. The two tankers will be built at new shipbuilding facility and no delivery date has been revealed.
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New ferries for Christmas
Sunferries in Townville, Queensland, Australia, has ordered two new 300 passenger capacity, fast cat ferries capable of travelling at 28 knots to operate their route across Cleveland Bay to Magnetic Island. The combined cost of the ferries is $6.3 million. And will be built by Brisbane Ship Building and were ...
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Keppel secures GlobalSantaFe semi
Keppel FELS has secured a contract with GlobalSantaFe Corporation (GSF) to build an ultra-deepwater drilling rig for $270 million.Under the contract agreement, GSF will supply the drilling and sub-sea equipment while Keppel FELS provides the design, engineering and construction of the hull as well as the accommodation quarters for 180 ...
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New Wärtsilä company in Baltic region
Wärtsilä Corporation and the BLRT Grupp of Estonia will set up a second joint venture to service ships in the Baltic area. The joint venture will be owned 51% by Wärtsilä and 49% by the BLRT Grupp. Establishing a service company is integral to Wärtsilä's strategy of strengthening its position ...
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Carisbrooke converts options
A $45 million order from UK shipowner Carisbrooke Shipping for three new vessels will keep the Port Weller Dry Docks shipyard in Ontario, Canada, in full employment for the next two years. The deal covers three of the four options of the contract announced last October that included two hulls ...
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Daewoo wins Transocean drillship
Chevron Corporation has awarded the Houston-based offshore drilling company, Transocean Inc., a drilling contract for the construction of an enhanced Enterprise-class drillship. The enhanced Enterprise-class drillship, to be named the ?Discoverer Clear Leader?, is being designed to include the most advanced drilling capabilities in the offshore drilling industry, building on ...
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Wartsila renames AKPAS
The Norwegian automation company AKPAS, acquired by Wärtsilä last month, has been renamed Wärtsilä Automation Norway AS. The company becomes part of Wärtsilä from 1 March 2006 and supplements Wärtsilä's product offering in electric propulsion systems, power distribution and automation for the oil & gas and marine sectors. It also ...
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Seaspan orders feeders
Seaspan Corporation has signed a contract to build four 2,500 TEU vessels from Jiangsu Yangzijiang Shipbuilding in China. These new orders are incremental to Seaspan's original contracted fleet and will increase the company's total fleet to 29 vessels. The four newbuilding vessels will be delivered between September 2008 and March ...
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China wins BW VLCCs
Bergesen Worldwide Tankers signed contracts to build two 320,000 DWT VLCCs at Bohai Shipyard. These will be the largest ships of their type ever built in China and delivery is slated in 2009 and 2010. The specifications were jointly developed between BW Tankers, Bohai Shipyard, part of the CSIC Shipbuilding ...
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Samsung clinches LNG carrier
Samsung Heavy Industries clinched a 155,000 cbm LNG carrier from Petronet and an oil platform from ONGC in India at a total price of $500 million. The 285m long, 44m wide LNG carrier will be delivered on September 2009 and will trade between Qatar and Dahei in India. Samsung HI ...
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Hanjin sets up shop in Subic Bay
Hanjin Heavy Industries has signed a land lease agreement with the Subic Bay Metropolitan Authority to construct and operate a $1 billion shipyard at the Subic Bay Freeport Zone in Zambales. The lease agreement covers 230-hectare of land and Hanjin will invest $1 billion over the next 10 years for ...
