All Motorship articles in Web Issue – Page 1017
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News
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 ...
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ASC wins destroyer battle
The Australian Federal Government has chosen ASC Shipbuilding as the preferred shipbuilder for the Australian Navy's air warfare destroyers (AWDs) worth up to A$6 billion ($4.5 billion). The government made the decision after accepting the unanimous recommendation of the ?source selection board? on the basis that ASC Shipbuilders offered a ...
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Warship spoils to be divided
Melbourne-based shipbuilder Tenix is favoured to win the lion's share of work to build three new navy destroyers for the Royal Australian Navy worth $6 billion. The deal, likely to be announced today, will probably also award some work to the Adelaide-based, government-owned, Australian Submarine Corporation (ASC) which has been ...
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STX clinches Parakou PCs
STX Shipbuilding has clinched three 51,000DWT product carriers from Parakou Shipping in Hong Kong for a total contract price of $132 million. They will be delivered by June 2007.
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MOL orders LNG carrier
MOL in Japan, together with Tokyo Gas Co, has ordered a 145,000 m3 Moss type LNG carrier from Kawasaki Shipbuilding for delivery in March 2008. Including those under construction, MOL operates a total of 63 LNG carriers. With the latest agreement, MOL will manage and operate four carriers serving the ...
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Samsung and MISC to build LNG repair shipyard
Samsung Heavy Industries is examining a proposal to set up an LNG ship repair yard in conjunction with Malaysia International Shipping Corporation Berhad (MISC), a subsidiary of Petronas. The South Korean shipbuilder is also reviewing proposal from China Shipping Group to build and operate a large shipbuilding facility in China. ...
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Keppel to build two semis for Maersk
Keppel FELS Ltd, the wholly owned subsidiary of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract to build two semi-submersible drilling platforms at S$780 million for AP Moller-Maersk (Maersk). The two development deepwater semis are expected to be delivered in 2008 and 2009 ...
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Aker gets Color Magic
Aker Yards and Color Line have signed a contract to build a sister vessel to ?Color Fantasy?, the worlds largest cruise ship with car deck, that was delivered in December 2004. The agreement includes an option to purchase a third vessel. The newbuilding will be named ?Color Magic? and will ...
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Keppel acquires Nantong facility
Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), the offshore and marine arm of Keppel Corporation Limited, has entered into an agreement to acquire an existing shipyard in Nantong, China, for specialised shipbuilding. Total consideration for the assets is $5.4 ...
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ABG Shipyard concludes funding
ABG Shipyard in India (ABG) has concluded a $32 million equity funding. The private sector shipyard would use the funding to expand its shipbuilding facilities to meet the anticipated demand for new ships at a cost of $103 million.The balance funding for the expansion project, which is expected to be ...
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Bharati bags Norwegian contracts
Bharati Shipyard in Mumbai, India, has bagged contracts from Sea Cargo Skips AS and Nor Lines AS, both from Norway, to supply two multi-purpose container vessels each, with an option for eight more. The orders calls for four 5,000DWT RORO/Pallet /Container vessels, at a total value of $57.50 million. Sea-Cargo ...
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Shandong aims to expand shipbuilding yards
Shipbuilding enterprises in east China's Shandong province are presently holding orders for 120 new ships with a contract value totalling $566 million. About $430 million of the shipbuilding orders are for export which represents a 4-fold increase year-on-year. The province has seized the opportunity to expand ship production as ...
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GBS take shape at IMO's MSC
Basic principles and goals for goal-based standards (GBS) for new ship construction were agreed in principle by IMO's Maritime Safety Committee (MSC) when it met at the Organization's London Headquarters for its 80th session from 11 to 20 May 2005.Other important issues on the MSC agenda included the adoption of ...
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Dubai Drydocks starts newbuildings
With the push of a button a $40 million vessel building programme was launched at the Dubai Drydocks recently. As the plate-cutting machine started up, the first steel plate was cut for the first unit in a four-ship series of 6,200DWT double hulled bunker tankers. These are being built for ...
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Hamburg Sud orders four container ships
Daewoo Shipbuilding has clinched four 4,000TEU class container ships from Hamburg Sud at a total contract price of $384 million. In April this year, the German shipowner placed an order for six 5,200TEU container ships with the same yard. The four newbuildings will be delivered by December 2008.
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Wärtsilä Auxpac sets for Chinese heavy lifter
Wärtsilä delivered the first two Wärtsilä Auxpac generating sets in April 2005. Introduced in September 2004, Wärtsilä Auxpac is a standard, pre-commissioned generating set designed to provide auxiliary electricity onboard marine vessels. The new concept, with its key advantages of fast and easy installation, proven reliability, and easy maintenance, has ...
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Asry plans expansion
Arab Shipbuilding and Repair Yard (Asry) is to embark on a $15 million expansion, adding three more dry berths to its facilities in Hidd., Bahrain. The new berths, each 140 metres long, would greatly enhance Asry capability in repairing ships of all kinds.The expansion, which now has the approval of ...
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Aker plans to buy Philly
Aker ASA and Kvaerner ASA have started to collaborate on setting up Aker American Shipping ASA, a company that will own Kvaerner's shipyard in Philadelphia and 10 - yet to be built - product tankers. Aker added that following the company's creation it will consider buying Kvaerner out of the ...
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Dongkuk joins Brazil Plant Project-2
Dongkuk Steel Mill Company will sign a memorandum of understanding with Brazilian partners including iron ore mining giant Companhia Vale do Rio Doce (CVRD), to participate in a $750 million steel plant project in Brazil. Dongkuk, South Korea's second-largest steel plate producer after Posco, will have about 10% stake in ...
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Incat lays keel of first 112-metre cat
Tasmanian fast ferry specialist Incat has laid the keel of the first 112 metre Wave Piercing Catamaran at its new undercover construction facilities. Prefabrication work on the 112 metre catamaran has been in progress for some months and the laying of the first section of hull in the new building ...
