Latest News – Page 955
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Shipbuilding in China hits 12 million tonnes
The output of China's shipbuilding industry reached 12 million tonnes in 2005, making up 18% of the global share, according to the China Shipbuilding Industry Association. China's top two shipbuilding giants, the China Shipbuilding Industry Corporation (CSIC) and the China State Shipbuilding Corporation (CSSC), reported annual output of 3 million ...
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Bohai clinches huge new orders
Bohai Shipbuilding Heavy Industries won orders for four 300,000DWT VLCCs, four 3,500 cbm LPG carriers and eight 46,000DWT product carriers from Nanjing Tanker Corporation of Changjian Shipping Group. Total contract price is $743 million and delivery of the 16 ships will be started from 2007.Seyang Shipping in South Korea placed ...
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Daewoo sees rising orders
Daewoo Shipbuilding and Marine Engineering in South Korea is aiming to win $10 billion worth of orders in 2006, up 47 % from $6.8 billion in 2005.It also expects to win a combined $1.8 billion worth of shipbuilding orders between January and February for an unspecified number of liquefied natural ...
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Keppel lands offshore contracts
Keppel Singmarine has clinched three newbuilding contracts worth a total of $72.3 million. The first contract involves the construction of four anchor handling tug/supply (AHTS) vessels at its Keppel Nantong Shipyard, northwest of Shanghai. The deliveries of these vessels are expected between third quarter 2007 and mid 2008. The owner ...
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Damen inks Swedish coastguard job
Damen Shipyards Gorinchem has been awarded a contract from the Swedish Coastguard in Karlskrona to construct two 80 metre multi purpose vessels. The contract covers design, engineering and construction of two vessels which shall be deployed by the Swedish Coastguard to carry out patrol duties, environmental protection and salvage operations. ...
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Safety fears after leaks are found
A fleet of new ships built for British Gas and other companies to meet Britain's growing energy needs by bringing in LNG from abroad has been hit by leaks and safety scares. The ?Methane Kari Elin?, which was delivered 18 months ago from the South Korean yard of Samsung, has ...
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Sale eyed for Daewoo Shipbuilding
South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006. State-run Korea Development Bank (KDB) and government restructuring agency KAMCO own a combined 50.6% stake in the world's second-biggest shipbuilder.KDB, which is ...
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Chinese win more export orders
Guangzhou Shipyard International in China secured contracts for two 51,800DWT chemical tankers from Torm and one from Gotland. Delivery date and price were not revealed. Guangzhou Wenchong Shipyard clinched a 1,700TEU container ship from BSC in Germany for delivery late 2007.
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Capesize for Universal
Universal Shipbuilding in Japan won a 200,000DWT bulk carrier from Star Bulk Carrier for delivery during second half of 2010.The newbuilding will be deployed on the transpacific route for Sumitomo Metal Industries.
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Three more product carriers for STX
STX Shipbuilding in South Korea secured three product carriers from an Italian ship owner at a cost of $140 million for delivery by March 2008. Ship particulars are 183m in length, 32.2m in breadth and 19.1m in depth.
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FAR letter of intent
Norsk Hydro has informed Farstad Shipping ASA that they will enter into a 5 year contract (with a 3 x 1 year option) for a large platform supply vessel. The contract will be serviced by a newbuild. Start-up for the contract is April 2006 and the contract will be operated ...
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Korea consolidates its lead
Korean shipbuilders will maintain their lead in terms of orders this year, outpacing Japanese rivals for the third year running. Market researcher Clarkson Research Studies said that Korea's total amount of ship orders in the first 11 months of this year amounted to 13.9 million CGT (compensated gross tonnage), or ...
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Clock ticking for Vietnam?s aging fleet
Most vessels in Vietnam?s shipping fleet have been rated as weak and obsolete in terms of both transport capacity and technology, according to the Vietnam Shipowners Association and the Government Decree 14/CP (1996) on shipping, which rates ships as unserviceable if they have served for more than 15 years.Many Vietnamese ...
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Aker Kvaerner awards semi-sub contract to Dubai Drydocks
The hulls for two Aker Kvaerner designed H6e semi-submersible drilling rigs, designed for deep sea drilling in harsh environment and arctic conditions, is to be built by Dubai Drydocks. The Contract includes the steel construction of the two hulls up to main deck, installation of piping systems, DP- systems, mud ...
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Hyundai develops marine hydraulic pump
Hyundai Heavy Industries (HHI) has successfully developed Korea?s first marine hydraulic pump through in-house technology after two-year research and development commitment. To develop this hydraulic pump, HHI faced technological difficulties since it is a submerged cargo pump which is operated under an ultra high pressure of 280kg/cm2. It is expected ...
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Posco cuts steel plate prices
Posco in South Korea has cuts thick steel plate price by W 30,000 per tonne and, as a result, the price to Korean shipbuilders will be W 615,000 ($604.48) per tonne from January next year. Korean shipbuilders are likely to use 5.1 million tonnes of steel this year and 5.4 ...
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Tamba orders ethylene carrier
Tamba Kisen in Japan ordered a 10,000 cbm ethylene carrier from INP Heavy Industries. This shipbuilder now has clinched a total three 10,000 cbm ethylene carriers from Japanese ship owners.
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Daewoo cancels order
South Korea's Daewoo Shipbuilding & Marine Engineering has canceled an order, received in October, for two semi-submersible drilling vessels worth $402 million. The order had been placed in October by Singapore's Frigstad Offshore Drilling Ltd. for delivery by June 2009. Daewoo decided to terminate the contract as Frigstad failed to ...
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Aker inks Finarge AHTS
Aker Yards has signed a contract in excess of $30 million to build an Anchor Handling Tug Supply Vessel (AHTS) for Finarge de Navega??o do Brasil, a company of the Rimorchiatori Riuniti Group in Italy. The 2,500 dwt vessel is an Aker AH 05 design and will be built at ...
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California releases report on ballast discharge standards
At its December meeting the California State Lands Commission (SLC) is expected to approve the report to the Legislature titled "Recommendations for Performance Standards for the Discharge of Ballast Water into the Waters of the State". The report recommends tough interim and final performance standards for existing and newly constructed ...
