Latest News – Page 954
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STX Engine develops new low NOx engine - ndh
STX Engine has developed an engine with a NOx exhaust level of 7.5g/kWh or less by improving the existing STX-MAN B&W 8L21/31 model. In December last year, this engine successfully completed its performance verification test under the inspection of Lloyd's Register and the Swedish shipping company Wallenius. The IMO standard ...
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China delivers PCTC to Zodiac
China recently delivered its largest PCTC (pure car truck carrier) to Zodiac Shipping Ltd. Named ?Morning Miracle?, the 45,000gt ship was designed and built by Xiamen Shipbuilding Industry and is the first of a six-ship series ordered by the UK shipping company. The 182 metre long newbuilding has a carrying ...
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ETA-Ascon plans big expansion
The Dubai-based ETA-Ascon, a diversified group, plans to buy 76 new ships to expand the size of its fleet to 100 in five years. The total investment involved in this order will amount to $2.72 billion.The company is negotiating with a number of shipbuilders to sign a number of major ...
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Vinashin opens new yard
The first phase of the Vietnam Shipbuilding Industry Corporation (Vinashin)?s $6.9 million shipyard was formally opened in the central Phu Yen province. The six-hectare plant, located in Tuy Hoa city?s Phu Lam ward, has already begun building eight 200 tonne tugboats, a $3.8 million dredger and four 600 hp fishing ...
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Siba Ships declares option
Italian shipowner, Siba Ships, has declared an option on a second livestock carrier under construction at Labroy Shipyard in Singapore. This second vessel will be a sister-ship to Hull T155, both of which are due for delivery from the yard in 2007. "Siba already owns the youngest fleet in the ...
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Jumbo heavy-lifts for Damen
Damen Shipyards Gorinchem has won a contract from the Dutch shipowner, Jumbo Navigation for a state-of-the-art heavy-lift vessel with an option for a second vessel. These will be similar to the two vessels delivered by Damen in 2004 and named ?Jumbo Javelin? and ?Fairpartner?. The newbuildings will be constructed and ...
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Eidesvik inks new seismic vessel
Eidesvik Offshore ASA and the Houston-based Veritas' Viking Maritime Inc., subsidiary have entered into an agreement to charter a seismic research vessel which is to be newly constructed. The time charter is for a period of 8 years fixed, with options of up to 10 more years. When delivered from ...
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Hyundai Heavy buys into China Steel
Hyundai Heavy Industries (HHI) has reached a preliminary agreement to buy a stake in China's Qinhuangdao Shouqin Metal Materials. Qinhuangdao Shouqin is a steel making unit jointly owned by China's Shougang Concord International Enterprises and Shougang Corp. HHI inked a letter of intent to buy shares in Qinhuangdao Shouqin to ...
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Mipo clinches eight product carriers
Hyundai Mipo Dockyard in South Korea clinched four 37,000DWT and four 47,000DWT product carriers from Turkish shipping company Geden Line. Total contract price is $349 million. They will be delivered by November 2008. Hyundai said it had targeted orders worth $13.02 billion in 2006, including $5.98 billion in ship orders, ...
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Keppel wins world?s first LNG FRSU conversion
Keppel Shipyard Limited (Keppel Shipyard), a subsidiary of Keppel Offshore & Marine Ltd, has signed a contract with Golar LNG Limited for the conversion of an existing Moss LNG carrier into a floating LNG storage and re-gasification unit (FSRU). The total contract value is approximately $55 million. When the conversion ...
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SembCorp gets Bergesen job
Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured a S$88 million ($53.4 million) contract from Bergesen Worldwide Offshore to convert the VLCC ?BW Enterprise? to an FPSO.Bergesen Worldwide Offshore, a company within the Bergesen Worldwide Group, will own and operate the FPSO in the Gulf of Mexico under ...
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Aker and Alstom yards to join forces
Aker Yards and Alstom marine have announced their intention to join forces in shipbuilding and create together one of the world leaders in this industry focusing on high value added ships, especially cruise ships.The parties plan to establish a new company consisting of the shipyards in Saint Nazaire and Lorient. ...
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Atlas Elektronik sold
BAE Systems has sold its German sonar business Atlas Elektronik to the European aerospace group EADS and Germany's ThyssenKrupp Technologies. They will pay about EUR145m in cash and assume Atlas's pension liabilities of EUR72.4m. ThyssenKrupp will own 60% of Atlas with EADS holding 40%.BAE, Europe's largest defence company, put Atlas ...
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Largest Vietnam tanker launched
The Bach Dang Shipbuilding Company, a subsidiary of the Vinashin group, recently launched a 13,500 dwt oil tanker, named ?Vinashin Sea?, the largest ever built in Vietnam. The tanker, 145 m long, 20.8 m wide and a depth of 11.2 m, is equipped with a German-made 5,180 kW engine.The yard ...
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GSL embarks on modernisation drive
Goa Shipyard Limited (GSL) here has embarked on a modernisation drive to augment its infrastructure facilities to manufacture state-of-the-art vessels with competitive prices and shorter delivery schedules. A GSL source said it had appointed consultant Haskoning Nederland B.N. of the Netherlands to prepare a master plan for the modernisation project.GSL ...
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Aker and Brittany Ferries sign LOI for ferry
Aker Yards and the French company Brittany Ferries have signed a Letter of Intent for the building of a roro-passenger ferry worth approximately 105-110 million euro for delivery in October 2008 at the latest.The present orderbook of Aker Yards includes another order from Brittany Ferries, i.e. a trailer ropax worth ...
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China launches first LNG carrier
China's first LNG carrier was recently launched at the Hudong-Zhonghua shipyard in Shanghai and is scheduled for delivery in October 2007. The LNG ship is regarded a high-tech product with high-added value in the shipbuilding industry and marks China?s entry into this lucrative market. China put more than $12.4 million ...
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Hyundai breaks world record
Hyundai Heavy Industries (HHI) marked a world record of 890,000 bhp for large size marine engines for one month by completing a test run of the final marine engine on the 27th of December. It is the biggest production since it manufactured its first engine in 1979. HHI had previously ...
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Stena orders four more from Russia
Stena has placed an order for up to four new ropax vessels with the BaltiyskyZavod yard in St Petersburg, Russia. The Russian yard is already building the hulls for two similar ropax vessels in the ?Seabridger? class which will be equipped and finished by Fosen Mek. Verksteder in Norway. The ...
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Iran to build Rickmer ships
A contract to build four ships for German owner Rickmers Shipping has been awarded to Sadra of Iran. The value of the contract is $120m and the first ship will be delivered in 30 months. The newbuildings will each have a cargo capacity of 25,000 tonnes.
