Latest News – Page 982
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Q-Ship in VLGC deal
Qatar Shipping Company (Q-Ship) has signed a $1.4bn contract with Hyundai Heavy Industries (HHI) of Korea to design, build, launch, equip and deliver four Very Large Gas Carrier (VLGC) vessels, each of 82,200cu m for delivery in 2008-09. This is part of Q-Ship?s fleet expansion exercise and represents their largest ...
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First LCD laid down
The keel was laid down for the US Navy?s first Littoral Combat Ship (LCS) at Marinette Marine, Marinette, Wis. The 116.3 metre warship, to be named USS Freedom (LCS 1), represents the cutting edge of a new Navy, and represents a revolution in design for the US Navy. Freedom, the ...
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Confusion over EU rules threatens shipyard jobs
Hundreds of jobs at Ferguson's shipyard in Port Glasgow are at risk because the Scottish Executive (SE) doesn't understand EU rules, it was claimed today. The yard is fighting for a contract to build two fisheries protection vessels, which the Executive claims must be put out to a tender process ...
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Samsung develops new LNG robot
Samsung Heavy Industries has developed a new robot which will automatically bond triplex insulation in LNG carrier. Triplex maintains temperature in LNG cargo tank at the level of -163 degree and prevent gas leakage. Currently, 40 workers require 22,400 hours for bonding triplex but this will be reduced by more ...
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ASL inks newbuildings worth $60 million
Two subsidiaries of Singapore?s ASL Marine Holdings, ASL Shipyard and PT ASL Shipyard Indonesia, have secured shipbuilding contracts worth a total of $60 million. The orders are for a total of eight ships placed by clients based in Indonesia and Europe. The orders involve the construction of two 11,000DWT chemical ...
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Stolt-Nielsen goes to ShinA for newbuildings
Stolt-Nielsen SA of Norway announced that its Stolt-Nielsen Transportation Group (SNTG) unit has ordered four 44,000DWT parcel tankers from South Korea's ShinA Shipbuilding. The aggregate price for the four ships is expected to be just under $230 million and delivery is scheduled to begin in the second quarter of 2008.Each ...
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SCI seeks block approval
In a development that could significantly shore up the fortunes of Shipping Corporation of India (SCI), the Ministry of Shipping has initiated a move to provide block approval to the company's $1 billion acquisition plan involving 14 new vessels, including VLCCs, two container vessels and six 65,000DWT product tankers. The ...
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Warship yard in talks
Elefsis Shipyards and French shipbuilding group DCN are discussing possible cooperation options in the joint construction of warships and exchange of know-how. Elefsis Shipyards president Nikos Tavoularis said, "Cooperation will contribute significantly to employment, competitiveness and technology transfer, and in industrial cooperation in the European context." DCN officials, headed by ...
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STX to build Chinese block factory
STX Group, a holding company of STX Shipbuilding, is considering constructing a ship block factory at Shandong, China, at a cost of $100 million. In addition, the Korean company will expand production capacity at its STX Enpaco?s China factory by investing $50 million by 2008. STX Enpaco manufactures core components ...
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CMA CGM into feeders
The French shipping giant CMA CGM is reported to have placed an order for five 1,600TEU feeder boxships with Daehan Shipbuilding in South Korean for delivery in 2007 and 2008. No price has been revealed.
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Korea secures LNG dozen
Teekay Shipping Corp and a group of Japanese owners have won contracts to lease 12 new LNG tankers to Qatar Gas according to industry sources. Mitsui OSK Lines, Nippon Yusen KK, Kawasaki Kaisha Kisen, Iino Kaiun Kaisha and trading house Mitsui & Co will own eight of the 215,000cu m ...
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Keppel to convert Settebello
Keppel Shipyard in Singapore has entered into an agreement with Charter Development Limited Liability Company (CDC), a special purpose company of ABN Amro Bank?s Brazilian unit, for the hull conversion of a Floating Production Unit (FPU) for $174 million. Work includes marine conversion as well as the fabrication and integration ...
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Lockheed Martin lays Freedom?s keel
The keel was laid for Freedom (LCS 1), marking a significant milestone in production of the U.S. Navy's first Littoral Combat Ship (LCS), a new class of surface combatant designed to operate in shallow coastal waters. Freedom is under construction at Marinette Marine and will be delivered to the Navy ...
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Solvang pair for Meyer
The Norwegian shipping company Solvang ASA together with a group of investors have placed an order with Meyer Werft in Papenburg for the construction of two LEG/LPG tankers.The gas tankers will have an overall length of 154.9 metres, a breadth of 22.70 metres and a cargo capacity of 17,000 m3. ...
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IHC Holland Merwede win pipe laying vessel
Merwede Shipyard, a subsidiary of IHC Holland Merwede BV, has received the contract for the design and construction of a new Reeled Rigid Pipe laying / Offshore construction vessel for Subsea 7. The pipe laying equipment will be designed and built by Huisman Itrec. Merwede Shipyard was granted the order ...
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Nor-Shipping
During next week the Motor Ship editorial team will be at NorShipping and there will be no daily news updates. However, if any readers are attending NorShipping, we will be pleased to welcome you to the Motor Ship stand in Hall D01-31.The daily website news service will resume on Monday ...
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RINA and Indian Register join warship forces
Italian classification society RINA and the Indian Register of Shipping (IRS) have joined forces to deliver expertise to navies for warship construction and maintenance. The two class societies will jointly promote, develop and provide technical and advisory services for naval ships. Warships classed as a result of joint activities will ...
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First Chinese ship for Taiwan
The first ocean going ship built in mainland China for a Taiwan company will sail on its maiden voyage from Shanghai to South Africa on 10 June. The 289 metre 175,000DWT Cape size bulk carrier named ?China Peace? was built at Shanghai Waigaoqiao Shipbuilding (SWS) for Taipei-based China Peace Shipping ...
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EC scrutinizes Polish shipyards
The European Commission has decided to open formal inquiries into public support for three Polish shipyards in Gdynia, Gdansk and Szczecin. The restructuring aid granted to these yards will be scrutinized in the light of EC Treaty rules on state aid, and in particular the rules on state aid to ...
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EC approves restructuring of Spanish shipyards
The European Commission has conditionally approved, under the terms of the EC Treaty's rules allowing member states to take measures to protect essential security interests linked to defence industries (Article 296 of the EC Treaty), a reorganisation of the Spanish public military shipyards. EU regulators police state aid to make ...
