Latest News – Page 952
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Vinashin to build Mitsubishi job
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.
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Nuclear icebreaker to be launched this year
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 ...
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Iran Venezuela joint shipbuilding operation
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 ...
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Samsung LNG JV
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 ...
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Chinese clinch bulkers and MPCs
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, ...
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Keppel secures repeat semisub from ENSCO
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 ...
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Ezra orders deepwater AHTS
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 ...
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SDRL declares option for second semisub
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 ...
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STX aims big
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 ...
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Brittany Ferries confirms order
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 ...
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Jotun expands Chinese production
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 ...
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Daewoo to introduce new facilities
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% ...
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VT Halter to build fourth NOAA research vessel
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 ...
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Mipo clinches four PCs
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 ...
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Keppel bids for Brazilian contract
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 ...
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Unithai builds naval craft
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 ...
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SPP to establish shipyard
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.
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Qingdao clinches big order
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 ...
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SembCorp expands into China
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 ...
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CSIC ups output
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 ...