Latest News – Page 952

  • News

    Vinashin to build Mitsubishi job

    2006-01-23T00:00:00Z

    Japan?s shipbuilder Mitsubishi is in discussion with Vietnam Shipbuilding Industry Corporation (Vinashin) to build a 56,300DWT cargo ships. If the two sides can conclude a deal, Vinashin will have to deliver the ships to its Japanese partner in 2008 or 2009.

  • News

    Nuclear icebreaker to be launched this year

    2006-01-23T00:00:00Z

    Russian defence minister Sergei Ivanov has announced that construction of the nuclear-powered icebreaker ?50 Let Pobedy? will be completed this year. "I hope that the nuclear icebreaker ?50 Let Pobedy? will be launched this year. Its construction has lasted for ten years already," he announced in Moscow on Friday. Ivanov ...

  • News

    Iran Venezuela joint shipbuilding operation

    2006-01-23T00:00:00Z

    Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation, according to the State-owned company, Petróleos de Venezuela (PDVSA). The preliminary agreement looks towards jointly building oil tankers, liquid natural gas tankers and other vessels. It would also train Venezuelans in shipbuilding technology. The deal was signed ...

  • News

    Samsung LNG JV

    2006-01-23T00:00:00Z

    Malaysia Marine and Heavy Engineering Sdn. Bhd., formerly known as Malaysia Shipyard & Engineering Sdn. Bhd, has signed an agreement with Samsung Heavy Engineering to set up a joint venture for LNG carrier repairs. The JV, named MMHE-SHI LNG Co, has a capital of $ 1 million with Samsung HI ...

  • News

    Chinese clinch bulkers and MPCs

    2006-01-20T00:00:00Z

    Shanghai Chengxi Shipyard in China clinched two 53,000DWT bulk carriers from Geden Line in Turkey. Ship particulars are 190m in length, 32.26m in breadth and 17.5m in depth. Tianjin Xinhe Shipyard won an order of four 7,600DWT multi purpose carriers from a Swiss interest. Ship particulars are 108.2m in length, ...

  • News

    Keppel secures repeat semisub from ENSCO

    2006-01-20T00:00:00Z

    Keppel FELS Limited (Keppel FELS) has secured a repeat order for an ultra-deepwater semi submersible drilling rig from a wholly-owned subsidiary of ENSCO International Incorporated (ENSCO) in Dallas, Texas. The total project value is approximately $338 million and delivery is scheduled in the first quarter 2009. To be named ENSCO ...

  • News

    Ezra orders deepwater AHTS

    2006-01-20T00:00:00Z

    Ezra Holdings in Singapore announced that its subsidiary, Lewek Shipping Pte Ltd, has ordered two new deep-water equipped multi-purpose anchor handling, towing and supply vessels (AHTS) for $40 million, excluding the cost of certain owner furnished equipment.The two 70-metre 8,820 kW AHTS will be Ezra?s first two vessels for delivery ...

  • News

    SDRL declares option for second semisub

    2006-01-20T00:00:00Z

    SeaDrill has today declared its option to build a second semi-submersible ultra deepwater drilling rig with Daewoo Shipbuilding in Korea. The rig is of the design GVA-7500-N and is fully capable of operating in harsh environment in water depth up to 10,000 feet. The contract price for the unit which ...

  • News

    STX aims big

    2006-01-19T00:00:00Z

    STX Group, one of Korea?s rapidly growing conglomerates, aims to achieve 15 trillion won in total annual sales by 2010. The group announced yesterday it is on track to achieve its ambitious 2010 objectives of earning 5 trillion won each in its three main business areas - energy, shipbuilding/machinery and ...

  • News

    Brittany Ferries confirms order

    2006-01-19T00:00:00Z

    The Letter of Intent (LOI) for a roro-passenger ferry signed on 23 December 2005 by Aker Yards and the French company Brittany Ferries has now been confirmed as a firm contract worth approximately 110 million euro. The vessel will be delivered from Aker Yards, Finland in October 2008.The present orderbook ...

  • News

    Jotun expands Chinese production

    2006-01-18T00:00:00Z

    Norwegian coating manufacturer, the Jotun Group, will spend $37 million building a wholly-owned factory in Zhangjiagang in a bid to meet the rapidly-growing demand in China. The new factory, with a capacity to produce 50 million litres a year, will be one of the largest and most advanced coating production ...

  • News

    Daewoo to introduce new facilities

    2006-01-18T00:00:00Z

    In order to increase production, Daewoo will be introducing new equipment this year including a 3,600-tonne sea crane which will be operational in April. A floating dock will also be completed soon while another 900-tonne Goliath crane will be installed this coming December.Meanwhile, outsourcing from China will increase by 30% ...

  • News

    VT Halter to build fourth NOAA research vessel

    2006-01-18T00:00:00Z

    VT Halter Marine will be building a fourth fisheries survey vessel for the National Oceanic and Atmospheric Administration. Construction on the estimated $30 million vessel is expected to begin in late May or early June, with delivery planned in the second half of 2008. The survey vessel is the fourth ...

  • News

    Mipo clinches four PCs

    2006-01-18T00:00:00Z

    Fast expanding Gulf Energy Maritime (GEM) has ordered four high spec double hulled handymax 47,000 dwt chemical/product tankers at Hyundai Mipo Dockyard at a cost of $180 million. The four tankers are scheduled for delivery in 2008 and 2009 and will be named ?Gulf Baynunah?, ?Gulf Jumeirah?, ?Gulf Muttrah? and ...

  • News

    Keppel bids for Brazilian contract

    2006-01-18T00:00:00Z

    Keppel Corp, the world's largest maker of shallow-water oil rigs, is among six groups that have bid for contracts to build $1.3 billion of oil and gas tankers for Petroleo Brasileiro SA, Brazil's state-controlled oil company. .The company's transportation unit, Transpetro, will analyse the bids and decide on the winners ...

  • News

    Unithai builds naval craft

    2006-01-17T00:00:00Z

    Unithai Shipyard and Schelde Naval Shipbuilding have been awarded a contract by the Royal Thai Navy to build a 66-metre multipurpose vessel for conducting hydrographic surveys and mine countermeasures, the first of its kind to be built in Thailand. The vessel will be designed by Schelde Naval Shipbuilding in the ...

  • News

    SPP to establish shipyard

    2006-01-17T00:00:00Z

    SPP Shipbuilding (formerly Dong Yang Shipbuilding) will build a newbuilding facility at Sacheon city, nearby Jinhae where STX Shipbuilding is located. In the first stage, the shipbuilder will invest W 120 billion with another W 130 billion to follow. The new facility will be completed in September this year.

  • News

    Qingdao clinches big order

    2006-01-16T00:00:00Z

    Hyundai Corporation has risen as a major player in the global small and middle sized vessel market as ?Qingdao Hyundai Shipbuilding,? a company it launched last June in China, has successfully won shipbuilding contracts worth over $300 million within the last 4 weeks. A new shipbuilding contract involving 9 ...

  • News

    SembCorp expands into China

    2006-01-16T00:00:00Z

    SembCorp Marine is pumping 225 million Yuan or $27.5 million over two years to grow its ship repair and ship conversion business in China. It is investing the money into Cosco Shipyard Group where it already holds a 30% stake.It has five shipyards from Dalian in the north to Guangzhou ...

  • News

    CSIC ups output

    2006-01-16T00:00:00Z

    The China Shipbuilding Industry Corp. (CSIC), one of the two largest shipbuilding groups in China, built 3.17 million tonnes of new ships in 2005, up 47%.In 2005, the CSIC received 3.73 million tonnes of new orders and 2.85 million tonnes of new ships are under construction. The profit it earned ...