Latest News – Page 948
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Clipper Target delivered
?Clipper Target?, a bulk carrier for the Clipper Group of Bahamas, was recently launched at the Cochin Shipyard (CSL) in India together with a fire-fighting tug for the Jeddah Port Authority, Saudi Arabia and a platform supply vessel for Seatankers Management Group, Norway. Based on the standard TRADER design from ...
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Good times for Vietnamese shipbuilding
Nam Trieu Shipbuilding Company (NASICO), part of the Vinashin shipbuilders group, began work on a vessel that will be Viet Nam?s biggest container ship. The 700 TEU ship is 133.60 metres long, 19.40 metres wide, 9.45 metres high and will be powered by a 7,200kW main engine. The ship is ...
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Labroy prepares Indonesian offshore services yard
Singapore company Labroy Marine Ltd is preparing a site on Indonesia's Batam Island for a new rigs and FPSO conversion yard, which would be partially managed by Labroy Offshore Ltd. The 40-ha area would more than double Labroy's newbuilding capacity to meet rising demand for rigs and FPSO conversions.Labroy has ...
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Meyer starts work on Solvang gas tankers
Meyer Werft in Papenburg, Germany, has cut the first steel plate for the lead-ship in a four-ship series of LEG/LPG tankers ordered by Norwegian shipowner Solvang AS. The 17,000 cubic metre gas carriers will have a length overall of 154.9 m, a breadth of 22.70 m and a service speed ...
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STX Pan Ocean aims big
STX Pan Ocean Co. aims to reach sales of $1 billion in tanker operations by 2010 as its first two petrochemical product carriers built by affiliated STX Shipbuilding recently entered service. The new 46,000 DWT vessels were named STX Ace 1 and 2.The shipping company plans to get three more ...
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Exports of Malaysian vessels booming
Exports of ships, boats (including hovercrafts) and floating structures in 2005 (January-November) recorded an increase of 66% to $565 million compared with the corresponding period in 2004. During the same period, the government approved five new shipyard projects with investments totalling $26 million. All of these projects were Malaysian-owned and ...
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Quebec-based Davie Shipyard sold
The Davie shipyard near Quebec City is expected to be sold to the Quebec-based ship repair company, Navamar. The trustee for the bankrupt shipyard announced it has accepted Navamar's purchase offer, considered the most suitable offer of the five companies interested in purchasing it.Navamar will carry out a due diligence ...
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CMA CGM orders 4,300TEU quartet
CMA CGM of France placed a new order of four 4,300TEU container ships with Hanjin Heavy Industries at a total price of $250million. The first unit will be delivered in the second half of 2008. The four ships will be built at Hanjin?s new shipbuilding facility in Subic, Philippines.
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Kleven wins Siem newbuilding
Siem Offshore in Norway has awarded a shipbuilding contract to Kleven Maritime AS for a multi-functional field & ROV support vessel for delivery June 2007, at a cost of approximately $50 million. The vessel is a MT 6016 L designed by Marin Teknikk with a length of 103.70 metres and ...
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STX clinches seven ships
STX Shipbuilding in South Korea announces on February 24 that it clinched two plus three 51,000DWT product carriers from Primorsk International Shipping Limited at a cost of $53 million each. Ship particulars are 183m in length, 32.2m in breadth, 19.1m in depth and have a speed of 14.8 knots. Delivery ...
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Gard warns about container losses
A large container vessel insured with Gard has recently experienced a serious loss of containers. Whilst investigating the incident they learned of similar events with several other new, large vessels covered by other P&I clubs. One of the common factors of all these incidents seems to be that the vessels ...
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Daewoo wins orders from Norway and Greece
Daewoo Shipbuilding & Marine Engineering has won orders from Norway and Greece worth $530 million. The shipbuilder secured an order from Norway's Odfjell Invest I Ltd to build a semi-submersible drilling rig and a deal from Kristen Navigation of Greece to build a 320,000 DWT VLCC, taking its order book ...
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IMO introduces tougher rules on dumping waste at sea
A significant milestone for the protection of the marine environment will be reached on 24 March 2006 with the entry into force of the 1996 Protocol to the Convention on the Prevention of Marine Pollution by Dumping of Wastes and Other Matter, 1972, following its recent ratification by Mexico, the ...
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Vinashin wins domestic and foreign contracts
The Viet Nam Shipbuilding Industry Corporation (Vinashin) recently inked 18 contracts with both domestic and foreign partners. The contracts, signed within the framework of the 3rd International Exhibition on Shipbuilding, Marine Technology and Transportation, held in Ha Noi, include deals to supply three 8,700 DWT ships to Japan and ten ...
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Qatar JV in gas venture
Qatar Gas Transport Company and Qatar Shipping will use a joint venture company to own and operate four LNG vessels. The ships are being built by Hyundai Heavy Industries at a cost of $88.5m each. They will be delivered between 2008 and 2014.
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Ferguson faces renewed fears over job cuts.
The Glasgow-based shipbuilder Ferguson is once again waiting to hear if the Scottish Executive will give it work and keep the yard going. Ferguson's 118-strong workforce hopes to learn next week if the government will place an order to build a vessel for the Scottish Fisheries Protection Agency (SFPA). The ...
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EU probes German shipyard aid
The European Commission has launched an investigation into proposed government subsidies of euro5.8 million ($6.9 million) to two German shipyards to ensure it complies with EU rules on state aids. The probe concerns aid to the Rolandwerft and Volkswerft Stralsund yards.
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Montanari declares options
The Italian shipowner, Navigazione Montanari S.p.A., declared the option for the construction of two more 37,000 DWT product/chemical tankers for a total investment of ?81 million. The option was provided by a contract signed on the 20th January 2006 with South Korean shipyard Hyundai Mipo Dockyard Ltd which is already ...
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Rimorchiatori orders AHTS
The Genoa-based tug company, Rimorchiatori Riuniti, has ordered a AHTS vessel from Fincantieri for delivery in December 2007. The 3,000 DWT vessel is of a MOSS 424 design and will have a length of 75.65 m and a breadth moulded of 16.90 m. The contract includes an option for a ...
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Post-Katrina labour shortages cripple Gulf shipbuilders
Last November, Bollinger Shipyards did something completely out of character. The shipbuilder backed out of a $700 million contract it had worked for years to land and passed on another worth $150 million because high wages and scarce employees threatened the company's ability to make a profit. The move was ...
