Latest News – Page 966
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FAR contract for newbuilding
Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has signed a contract with Aker Langsten AS, Tomrefjord, in Norway, for delivery of an anchor handling tug supply vessel (AHTS) in June 2007. The vessel is of the new UT 732 CD design. Powered with 27.500 BHP, ...
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Daewoo develops LNG scaffolding
Daewoo Shipbuilding has developed a new scaffolding system for LNG tanks. The ever increasing orderbook for LNG carriers had led the shipbuilder to develop the new scaffolding for which a patent has been applied. The scaffolding is primarily designed for use inside LNG tanks to be installed on a 210,000-cu.m ...
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ET Marine launches SOx monitor
ET Marine in the UK has launched its own air quality monitor to measure sulphur dioxide (SO2) emitted by ships? engines ahead of a new IMO technical code for the emission of sulphurous gases. The SeaSox analyser uses the ultra violet florescence method to continuously measure emissions using a dilution ...
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ABS fleet reaches record high
The American classification society, ABS, has broken through the 120million gross ton mark to establish a new all time fleet record. ABS has benefited from the current active newbuilding market and a steady inflow of existing vessels changing class. With more than 1,400 vessels of almost 25 m gt currently ...
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NYK to expand LNG fleet
Nippon Yusen K.K., the largest Japanese shipping line, plans to order 20 new LNG carriers by 2010 and use five or six tankers for spot contracts, a change in strategy that may bring higher returns. The company will fund the purchase of 15 of the ships jointly with customers ...
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Virtu ferry delayed
Delivery of the new vessel ?Maria Dolores?, under construction at Austal Ships for Virtu Ferries in Malta, has been delayed until January 2006. Originally due for delivery in the middle of this year, the delay is reportedly due to a shortage of labour in Western Australia. The vessel will have ...
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Awilco orders rig from SembCorp
Singapore-based SembCorp Marine has secured a $144 million rig building contract from Norway's Awilco Offshore ASA. Under the deal, PPL Shipyard will construct a deep drilling offshore jack-up rig. Construction of the jack-up is expected to commence in the third quarter of 2005, with delivery scheduled at the end of ...
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Aker to build Island PSV
Aker Yards has signed a contract with Island Offshore VI K/S, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 776 E platform supply vessel. The value of the contract is $35.6 million. This is the 16th contract between the shipowner, Island Offshore Group in ...
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Japan offers slipway to Fiji
The Japanese government is interested in building a 4000-tonne slipway in Fiji next year, a project that is expected to save and generate millions of dollars for the Fijian government. The nation's sole slipway at Walu Bay operated by Fiji Ships and Heavy Industries Limited (FSHIL) can only cater for ...
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OECD halts negotiations on shipbuilding agreement
The OECD said negotiations between 26 governments on an agreement to tackle market-distorting measures in the shipbuilding industry have been halted. The negotiations, involving OECD members and non-member countries which together account for 96% of world shipbuilding, started in 2002.But Wilhelm Jaggi, Switzerland's ambassador to the OECD, who was chairing ...
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Keppel wins newbuild contracts
Keppel Singmarine in Singapore received orders for four offshore support vessels(OSVs) and two tugboats for about $46 million. The vessels will be progressively delivered to their owners up to first half of 2007.Currently, Keppel Singmarine has 22 vessels under construction, having delivered nine since the beginning of 2005. Its strong ...
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Blohm + Voss wins QM2 contract
Cunard?s ?Queen Mary 2? (QM2) will arrive in Hamburg at Blohm + Voss Repair GmbH on November 8 for maintenance and repair work. The QM2, which was built in 2003, will go into drydock Elbe 17 for maintenance work for the first time. Classification work and extensive painting work will ...
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RINA and CCS team up
Italian classification society and certification group RINA and the China Classification Society (CCS) have joined forces to deliver quality management system expertise to small and medium-size Chinese shipyards which intend to build ships for international trade.The two class societies have set up a joint venture company, Yizhong Marine Technical Services, ...
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MOL to expand MR product tanker fleet
MOL will be undertaking an aggressive expansion of its tanker fleet, including introduction of the newest double-hull MR-type 1 product tankers. The move is part of MOL?s mid-term management strategy calling for growth in the natural resource/energy transport sector. This field encompasses oil tankers, mainly VLCCs, methanol carriers, in which ...
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China steels POSCO's market
Korean shipbuilders and POSCO, South Korea?s largest steel maker, are on a collision course over the price of steel sheets used for building ships with the low-priced Chinese products set to make a foray into the Korean market. The Korea Shipbuilders? Association (KSA) said Korea?s major shipbuilders, including Hyundai Heavy ...
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Wärtsilä teams with Mitsubishi on two-stroke
Wärtsilä Corporation and Mitsubishi Heavy Industries Ltd (MHI) have signed an agreement for a strategic alliance in the field of two-stroke diesel engines.The two companies will share their resources and experience for improved business. Various possibilities will be explored in research and development as well as in the efficiency of ...
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Garware to acquire 3 PSVs
Offshore supply vessels (OSV) service company Garware Shipping Corporation is planning to acquire three Platform Supply Vessels (PSV) at a cost of $62.3 million. These newbuildings will be deployed to support offshore oil and gas exploration activities and Garware has already signed a MoU with Solstad Shipping, a Norwegian company, ...
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Frontline branches into FPSOs
The world largest oil tanker owner, Frontline Ltd of Norway, is planning to branch into ownership of floating production, storage and offloading (FPSO) vessels according to Frontline Management's managing director Oscar Spieler."We intend to become a large player in this market. We are building something new. This is currently the ...
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More newbuilds for Chinese yards
Guangzhou Shipyard snaps up two 38,500DWT product carriers from Pancoast in Greece for delivery in March and July, 2008. They will be built as Boston beam size.Wuchang Shipyard has won three platform supply vessels (VS483 design) from Toisa in Greece. Ship particulars are 87.4m in length, 19m in breadth and ...
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Aker signs retrofit contract
Aker Yards and the German TT-Line have signed a contract for retrofitting of four passenger-car ferries. The retrofit means renewing the vessels fuel systems to be more flexible and conforming to today?s demands. The project value is $9.1 million. The project will be executed at the Helsinki yard during January-March ...
