Latest News – Page 981
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CSC proposes spinning off bulk operations
China Shipping Development Co. said its parent company is considering a restructuring that could involve spinning off its dry bulk cargo operations into a separately listed company. In a legal notice responding to recent press reports, the company said its parent, China Shipping (Group) Co. (CSC), is considering having its ...
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Austal wins NSW police contract
Following a detailed review and tender process, Austal has been has been awarded a contract for the design, construction and supply of six 16 metre aluminium monohull vessels for the Water Police in the Australian state of New South Wales.This order will add to the previous Austal delivery of two ...
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NCL places double engine order
The MAN B&W Diesel Group, Augsburg, will supply a total of 10 medium-speed diesel engines to the German shipbuilder Meyer Werft for two more cruise vessel newbuildings of Norwegian Cruise Line (NCL). The 12V48/60B engines, each with an output of 14,400kW (19 600 HP), will be built in Augsburg and ...
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China's shipbuilding to exceed 10 million DWT
China is expected to build ships totaling more than 10 million DWT for the first time in its history, said an official in charge of the country's shipbuilding sector. Zhang Guangqin, vice-director of the Commission of Science, Technology and Industry for National Defense (CSTIN), said the figure would represent an ...
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Government to sell stake in DSME
Daewoo Shipbuilding and Marine Engineering (DSME) is likely to be sold to a local buyer following a decision by South Korea?s government to sell its controlling stake in the shipyard. The deal could raise billions of dollars and offer a chance for domestic private equity groups to secure a big ...
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Mipo wins four product carriers
Hyundai Mipo Dockyard wins four 46,000DWT product carriers from Gulf Navigation Group at a cost of $54 million each. Delivery is scheduled by April 2009.
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China invests in Czech yard
Hundreds of jobs will be created in Decin, Czech Republic, where Hudong-Zhonghua Shipbuilding Group of China wants to invest CZK 1.3 billion ($52.5 million) to extend shipbuilding production at the Ceske Lodenice shipyard. A preliminary plan forecasts that Ceske Lodenice could employ 500 people next year and up to 1,500 ...
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UK government backs Ferguson bid
The European Commission is investigating claims that three Polish shipyards are being supported by government subsidies, in breach of EU competition rules. Scottish Office Minister David Cairns said UK Trade Minister Alun Michael had agreed to take the concerns to Europe. Cairns said the contract to build two fisheries protection ...
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Two new feeders E.R. Schiffahrt
Two new 2,824 TEU feeder container ships for E.R. Schiffahrt were named at Hyundai shipyard in Ulsan, South Korea. These newbuildings named ?E.R. Malta? and ?E.R. Malmo? are part of the current newbuilding programme of the Hamburg-based shipping company, a subsidiary of the Nordcapital Group. E.R. Schiffahrt now has a ...
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Navy to test new E-craft
The US Navy hopes to test a new catamaran design capable of sailing at speed through stormy seas and landing on hostile beaches by putting it to work ferrying commuters from the Mat-Su to Anchorage in Alaska. Matanuska-Susitna Borough officials recently met with the Navy and Lockheed Martin in Anchorage ...
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Mipo launches first ships from No.1 Dock
Hyundai Mipo Dockyard in South Korea launched its first two ships from No.1 Dock which was converted for newbuildings earlier this year. The newbuildings involved are a 52,800DWT product carrier (Hull No. 0306) for Western Petroleum and a 47,000DWT product carrier (Hull No. 0430) for OMI.
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Voith enters PSV market
The Norwegian shipowner ?stensj? Rederi AS has placed an order with Voith Turbo Marine (VTM) for two Voith Schneider Propellers (VSP) for a Platform Supply Vessel (PSV). The 85 metre long vessel will be built at Astilleros Gondan shipyard in Spain and the ship was designed by Skipsteknis in Norway. ...
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Boeing signs up Teekay
Teekay Shipping and Connexion by Boeing, a business unit of Boeing, announced the signing of an agreement that makes Teekay the international launch customer for the Connexion by Boeing Maritime Service. The maritime service allows vessels in mid-ocean transit to experience global high-speed communications at affordable rates. For the first ...
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IACS presents united front
On 13 June, the ceo's of the members of IACS met to discuss the progress of IACS?s common rule developments for oil tankersand bulk carriers, and agreed that: 1. The implementation date of common rules will take place for all members on 1 April 2006,2. with adoption the rules will ...
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New reefers for Eimskip
Eimskip, the Icelandic shipping company, has entered into shipbuilding contracts for the construction of two highly sophisticated reefer vessels for a total purchase price of $39.6 million, with an option of ordering four more. This order is part of Eimskip?s and its Norwegian subsidiary, CTG, plans to enhance its temperature-controlled ...
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Teekay consortium wins Qatar LNG order
Teekay Shipping Corporation, the world?s largest oil-tanker company, and Mitsui OSK Lines, Japan?s second-biggest shipping line, are among a group set to win a $3bn order for LNG tankers from Qatar. The group of companies has "tentatively won" the order to build and operate the 12 gas tankers to carry ...
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Atlas Elektronik for sale
BAE Systems has officially put up for sale Atlas Elektronik, its German naval systems business thereby ending months of speculation about its intentions for the naval command-and-control and torpedo business. The company is in discussion with the German government over how to go about it since Berlin is keen to ...
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Chinese yards ink small boxship orders
SITC Maritime Group has ordered two 378TEU container ships from a Chinese shipbuilder for a total price of $6.9 million. The newbuildings will be 114.8m in length, 16.2m in breadth and 7.8m in depth with a service speed of 13 knots and will be deployed on domestic routes. Pacific ...
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Brazil yard wins PSV
Damen Shipyards Gorinchem, Netherlands, and the Brazilian shipyard of Wilson Sons, have signed a contract and licence agreement for the construction of a Damen Platform Supply Vessel 7216. The 72 metre long vessel will be built by Wilson Sons at their shipyard in Guaruja (Santos), Brazil, with Damen providing engineering, ...
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BAe yard set to build carrier blocks
The 2,800 workers at BAe?s Barrow shipyard have been told that it is more than likely they will build blocks of up to 10,000 tonnes for the Royal Navy?s future aircraft carriers.The final go ahead for the £2.9bn carriers has still to be agreed by the UK?s government and the ...
