Latest News – Page 961
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Small Danish For Vinashin
The Viet Nam Shipbuilding Industry Corporation (Vinashin) signed a contract to build a 2,500 DWT container ship for Denmark?s Fabricius marine company. The vessel, worth $4.3 million, is scheduled to be delivered in late 2006. Speaking at the signing ceremony, Danish Ambassador to Viet Nam, Peter Lysholt Hansen, said he ...
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WW returns to MHI for two more
Wilh. Wilhelmsen ASA (WW) has placed an order with Mitsubishi Heavy Industries (MHI) for two additional car carriers at the yard in Nagasaki, Japan, for delivery in 2008. The ships will be sisters to the six Pure Car and Truck Carriers (PCTC) WW has already ordered at Nagasaki, of which ...
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Wärtsilä lands Yantai order
Wärtsilä has been awarded a contract by China's Yantai Raffles Shipyard to supply the main engines, thrusters and associated ancillary equipment for its new offshore semi-submersible platform ?ORS Pioneer?. Wärtsilä is to deliver six 32 series diesel engines and motor-driven steerable thrusters together with various ancillary equipment. The main engines ...
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MHI licenses technology to Vietnam
Mitsubishi Heavy Industries (MHI) has signed an agreement under which it will license its low-speed diesel engine technology to Vietnam's state-owned shipbuilding company.Under the agreement, MHI will provide Vinashin with the licensing rights to manufacture its large-sized diesel engines for 10 years until 2014. The accord also encompasses marketing and ...
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Hyundai Q3 profit rises
Hyundai Heavy Industries (HHI) achieved a net profit in the third quarter because of more profitable orders and one-off gains from an accounting change. Earnings at South Korean shipbuilders, which dominate the global market, are set to improve due to falling steel plate prices and a more stable South Korean ...
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Samsung inks ice breaker trio
Samsung won an order for three 70,000DWT ice breaking tankers from Sovcomflot. The newbuildings will be able to break ice going either ahead or astern. Total contract price is $ 430 million.
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Maersk planning ultra large ship
Maersk is poised to tighten its stranglehold on container shipping with a new generation of container ships able to carry up to 15,000 TEUs, according to Paris broker Barry Rogliano Salles. The first of this revolutionary series, probably a shortened version, will be delivered in early 2006, giving Maersk a ...
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Two more for MSC Cruises
MSC Cruises has confirmed to ALSTOM a contract for the construction of two 1,650 cabin cruise ships, following a letter of intent signed last June. These newbuildings will be the largest ever ordered by a European ship owner, with a length of 333 metres and a width of 38 metres. ...
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GL backs Ms Logistik Systeme
Germanischer Lloyd (GL) has bought a stake of 75% in Ms Logistik Systeme (MLS), a Rostock software company which plans, develops and markets program modules for highly efficient vessel management. Employing 14 employees, MLS has been involved in the development, marketing and support of "SAMS" (Ship Administration Management System), a ...
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STX builds for STX Pan Ocean
South Korea-based shipping company STX Pan Ocean Co. Ltd. awarded a contract to STX Shipbuilding to build three ships. The tender for the three ships, priced at $44 million each, was awarded to STX Shipbuilding as that was the only bid received, said STX Pan Ocean, which is listed in ...
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Volgograd builds Iranian coasters
Volgograd Shipbuilding Plant, part of the MNP group, started construction of the lead-ship in a four-ship series of dry-cargo ships for Iranian company Irinvestship at a total cost of $44 million. Delivery is scheduled over the course of the next two years. The 139.95 m long, 16.7 m wide newbuildings ...
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New rudder plant for KPM
Kawasaki Heavy Industries (KHI) announced that its subsidiary company Kawasaki Precision Machinery Ltd (KPM) has completed the construction of a new ship rudder plant in Uiryeong, South Korea. KPM?s rudder business in South Korea was previously operated through Dongmyong Industrial Co. but the technical alliance with Dongmyong was terminated in ...
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China to expand shipbuilding industry
The city of Xiamen in China announced that it will develop shipbuilding and ship repair business by 2015. According to Korea Trade-Investment Promotion Agency?s branch office in Xiamen, the city will secure shipbuilding capacity of 800,000DWT in 2010 and ship repair capacity of 150 ships from 30,000 to 100,000DWT. The ...
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Northrop Grumman suffers $1 billion Katrina hit
Hurricane damage to Northrop Grumman's Mississippi and Louisiana shipyards tops $1 billion and company officials claim production delays could cost the defense contractor millions more. The Pascagoula shipyard had been inundated by at least 8 to 12 feet of water after hurricane Katrina slammed into the Gulf Coast on 29 ...
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Nexans charters Bourbon Skagerrak
Nexans, a major global player in the cable industry, has entered into an agreement with Bourbon Cable AS, a subsidiary of Bourbon Offshore Norway AS, securing control of the specialised cable layer and construction vessel ?Bourbon Skagerrak?. The agreement runs for three years with options to extend for up to ...
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Progress to reduce pollution at sea
The provision of adequate waste reception facilities at ports, and the technical and practical matters associated with it, requires attention in the future, agreed the Industry Reception Facilities Forum at its fifth meeting in London on 18 October. The forum membership includes BIMCO, InterCargo and InterTanko. There still remain a ...
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Another PSV for Aker
Aker Yards has confirmed an optional agreement with Volstad Shipping AS, Ålesund, for the building of a Platform Supply Vessel (PSV) worth approximately NOK 250 million. Delivery is scheduled for September 2007 from Aker Yards, Brattvaag where the final outfitting will take place when the Romanian built hull arrives.The 92.30 ...
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Two Austal fast ferries for Guadeloupe
Austal Shipping, the West Australian shipbuilder, has delivered two more fast ferries to the Guadeloupe ferry operator L?Express des Iles. The first newbuilding named ?Silver Express?, will carry 360 passengers and 10 cars while the second unit named ?Gold Express?, will carry 446 passengers. Both vessels share the same 45.24 ...
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Hyundai to build R&D centers in China
Hyundai Heavy Industries in Korea has unveiled its strategy to enter the Chinese ship market. The Korean shipbuilder will spend $14 million to construct research and development centers in Beijing and Shanghai next year. Although Hyundai has four branches in China including a joint venture with a construction company and ...
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Iran quartet for Rickmers
Iran's shipbuilding company Sadra Group will build four cargo ships, worth $118 million, for the German-based Rickmers shipping company. The 24,000 dwt newbuildings have been purpose-designed for the carriage of break-bulk, heavy lift and project cargoes. With an overall length of 175m and a beam of 26.5m, they will be ...
