Latest News – Page 980
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P&O sells out
P&O announced today that it has entered into an agreement to sell its entire 25% shareholding in Royal P&O Nedlloyd NV to two financial institutions acting on behalf of AP Moeller-Maersk, at a price of E56.25/share in cash. The total proceeds from the disposal will be E571 million (£378 million) ...
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Norfolkline to buy Norse Merchant Ferries
Norfolkline, a leading North European multimodal short sea carrier and part of the AP Moller-Maersk Group, has announced its intention to acquire Norse Merchant Ferries, the Irish Sea ro-ro/ferry operator. Should the deal be completed successfully, the proposed acquisition of Norse Merchant Ferries will strengthen Norfolkline?s brand name and and ...
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COSCO to convert four tankers in US$20.5 million contracts
COSCO Corp (Singapore) Ltd?s 51%-owned subsidiary, COSCO Shipyard Group, has secured four high value contracts totaling US$20.5 million from Greek and Middle East oil tanker owners for double hull tanker conversions.The contracts comprise:A single-to-double bottom conversion A single-to-double hull conversion Two single-to-double bottom and hull conversions The work will be ...
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First of 12 patrol boats enters service with Royal Australian Navy
On 21 January HMAS Armidale, first of a class of 12 patrol boats for the Royal Australian Navy, was officially commissioned at a ceremony in Darwin, Australia.The 56.8m, all-aluminium mono-hull, built by Austal, will now undergo crew evaluation before commencing operational patrols to protect Australia?s borders.Based in the ports of ...
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Daewoo to build ship repair yard in Oman
South Korea?s Daewoo Shipbuilding is today signing a contract for the construction and operation of a ship repair yard in Oman with Mr Ahmed Bin Abdulnabi Macki, of the Ministry of National Economy of Oman. Daewoo Shipbuilding will advise the Oman government on the building of the ship repair yard, ...
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Wuchang Shipyard implements PTC solutions
PTC, the product development company, has supplied its shipbuilding solution programs to Wuchang Shipyard. This software, comprising of Windchill PDMLink, Windchill ProjectLink and CADDS(R) 5i, will be used as a production design management platform in the Chinese shipyard.Wuchang is now using the solution in production, making the shipyard one of ...
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USCG?s plan requirements
Germanischer Lloyd (GL) has introduced a ?file access service (FAS), offering permanent storage of specified ship drawings according to USCG requirements for immediate access around the clock. The FAS serves as a valuable tool in fulfilling USCG requirements regarding the "nontank vessel response plan" ("NTVRP"). In case of an emergency, ...
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HiMSEN engines for Shanghai Chengxi
Hyundai Heavy Industries's Engine & Machinery Division (EMD) contracted for the supply of sixteen sets of 7H21/32 diesel generating sets to be installed into four 3,500TEU container vessels ordered by German shipowner, Norddeutsche Reederei H. Schuldt (NRS) from the Chinese yard Shanghai Chengxi Shipyard.
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Konecranes wins contract
KCI Konecranes will supply four shipboard gantry cranes (Konecranes-Munckloaders) to Oshima Shipyard in Japan to be installed onboard vessels ordered by Singaporean shipowner Masterbulk Pte. Ltd. The 55,000 DWT vessels will be delivered in 2007 and 2008, and will be the largest of their type in the world. The value ...
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Double-ended cat launched in Brazil
Rodriquez Cantieri Navali do Brasil SpA, the Brazilian yard of the Rodriquez Group, launched the first of seven double-ended catamarans under construction for Barcas SA in Rio De Janeiro, Brazil. This catamaran will operate on the three-mile route between Rio de Janeiro ? Niteroi route. The complete vessel is made ...
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BC Ferries chooses MaK
The three 160 metre-long double-ended Super C Class ferries on order for BC Ferries at Flensburger Schiffbau Gesellschaft (FSG), Germany, will be powered by MaK engines. Scheduled for delivery between December 2007 and June 2008, each ferry will be powered by four MaK 8 M 32 C diesel gensets providing ...
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Thyssen says ?non? to DCN
The German group ThyssenKrupp sees no reason to join further consolidation attempts of the European naval shipyard industry. "There is no reason at all to press forward with the further consolidation of the European shipyards," Thyssen management board member Olaf Berlien told journalists at Thyssen?s HDW shipyard. French state-owned shipyards ...
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Jurong clinches two semi-sub rigs
Jurong Shipyard in Singapore, a subsidiary of SembCorp marine, has won a contract from Cyprus-based Seatankers, a John Fredriksen vehicle, worth $780 million to build two ultra-deepwater semi-submersible drilling rigs. The rigs will be able to operate in deepwater areas and at depths of up to 10,000 feet including the ...
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Prisco orders two more Aframax tankers
Primorsk Shipping Corporation (PRISCO) has ordered two more 104,000DWT ice classed tankers from Hyundai Heavy Industries. DNV will class the newbuildings which will be delivered in 2008.
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Hyundai Mipo wins UAE tanker order
South Korean shipbuilder Hyundai Mipo Dockyard has secured a $217.8 million order to build four chemical tankers from a company based in Dubai. The tankers, ordered by Gulf Navigation Group, will be delivered by April 2009.
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Gearbulk gets world's largest liquid pitch carrier
Dubai Aluminium Company (Dubal), one of the world?s largest aluminium producers, has entered into a 10-year chartering agreement with Gearbulk for the world's largest liquid pitch supply vessel with deadweight of 15,000 tonnes.The $32 million vessel, ?Sunbird Arrow?, built by Tokushima-based Japanese shipbuilder Kanrei Shipbuilding, was floated on May 24, ...
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Asry expands
The Arab Shipbuilding and Repair Yard (Asry), in Bahrain, is going ahead with a $15 million expansion, entailing the construction of three new berths, each 140 metres long, and will greatly enhance the yard?s capability in repairing ships of all kinds.The expansion means that Asry would be able to accommodate ...
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Wilhelmsen acquires Unitor
Wilh. Wilhelmsen ASA (WW) has reached agreement on acquiring 90.4% of the shares in Norway?s Unitor group. This acquisition accords with WW?s strategy of developing its Wilhelmsen Maritime Services(WMS) subsidiary into a leading global player in the maritime services sector.The deal has been concluded with Unitor?s principal shareholders, Umoe Industri ...
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MAN B&W and CSIC intensify cooperation
The MAN B&W Diesel Group and the China Shipbuilding Industry Corporation (CSIC) agreed upon comprehensive cooperation with regard to the development and production of large diesel engines. The frame agreement, which was recently signed in Munich, also provides for close cooperation in the purchase and production of components, personnel training ...
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Aker to build four more CS2700
Aker Yards has been awarded contracts to build four container vessels for König & Cie. GmbH und Co. KG in Hamburg. The vessels are of the type Aker CS 2700. The total contract value is approximately EUR 170 million. König & Cie. have so far, in 2005, ordered four 2,700 ...
