All Motorship articles in Web Issue – Page 1023

  • News

    Hindustan Shipyard on the up

    2005-04-15T00:00:00Z

    Vizag-based Hindustan Shipyard Limited (HSL), which is struggling financially, is expecting new orders worth more than $240 million in 2005-06. A spokesman for the yard said the yard?s shipbuilding order book was almost nil between 2000 and 2004 although last financial year it managed to win orders worth $97 million. ...

  • News

    Wartsila powers yacht carrier

    2005-04-15T00:00:00Z

    Wärtsilä has been awarded an order to supply the 19.7MW power plant for a yacht carrier contracted by the heavy transport specialist Dockwise Shipping BV, based in Breda in the Netherlands.The yacht carrier has been ordered from Yantai Raffles Shipyard in China with delivery due in autumn 2006. Its dimensions ...

  • News

    Philly in tanker bonanza

    2005-04-15T00:00:00Z

    Kvaerner ASA and Overseas Shipholding Group of New York have signed an agreement in principle to bareboat charter ten newly built double-hulled product tankers. Under the agreement, Kvaerner's subsidiary, Kvaerner Philadelphia Shipyard, will construct the Veteran MT-46 class product tankers, with an option for two additional vessels, and transfer them ...

  • News

    NCL terminates LoI

    2005-04-14T00:00:00Z

    The letter of intent signed in December 2004 between Aker Finnyards and NCL to build an 89,000GT cruise vessel for delivery in spring 2007, has been terminated. The parties have not been able to realize the EUR 400 million project within the given constraints. The LoI also included an option ...

  • News

    Vietnamese get Japanese order

    2005-04-14T00:00:00Z

    A Vietnamese shipbuilding company has won a $17 million contract to build two 8,700 tonne freighters for Tokyo-based Kanematsu Corporation, one of Japan?s leading general trading firms.The Ben Kien Shipyard, based in northern port city of Hai Phong and a subsidiary of state-owned Vinashin, is scheduled to deliver the first ...

  • News

    Fiji Shipyard restructures

    2005-04-14T00:00:00Z

    The Fiji Ships and Heavy Industries Limited shipyard (FSHIL) will be leased out and the slipway upgraded as part of plans to restructure the organisation. Amid calls for the state-owned entity to be closed down or sold, FSHIL said it would continue to be operational in view of its strategic ...

  • News

    Mangalia to sign deal with Hamburg Sud

    2005-04-14T00:00:00Z

    Romanian shipyard Daewoo Mangalia Heavy Industries (DMHI) will sign on Friday a deal worth more than $500 million with German Hamburg Sud to build six 5,200TEU container ships. DMHI is in talks with another German company, Gebab, to build four container ships in a deal worth up to $260 million. ...

  • News

    INTERTANKO voices its concerns

    2005-04-14T00:00:00Z

    INTERTANKO supports the investigation and prosecution of illegal discharges of oil from ships but strongly objects to criminalising accidental oil pollution and to treating seafarers as criminals Any criminal offence of pollution from a ship must be clearly defined and in accordance with international law and any penalties imposed on ...

  • News

    Malaysia concerned at navy contract delay

    2005-04-14T00:00:00Z

    Calls are being made for an enquiry into the delay of the RM24.3 billion contract to build 27 high-tech naval vessels for the Malaysian navy amidst warnings that it was affecting the navy's ability to operate effectively. The problem centres on PSC Naval Dockyard Sdn. Bhd. which was scheduled to ...

  • News

    Wuhan to build crankshaft factory

    2005-04-14T00:00:00Z

    Wuhan Marine Machinery Plant in China will build a crankshaft factory in Qingdao at a cost of $24 million. It will take two years for the project to be completed and will have an annual capacity of 50 crankshafts.

  • News

    FSG launches another Turkish ro-ro

    2005-04-14T00:00:00Z

    The second of four ro-ro vessels for the Turkish customer U.N Ro-Ro will be named and launched from the building berth at Flensburger Schiffbau. The 193 metre long newbuilding, to be named "U.N Marmara", has 3,735 lane metres and a service speed of 21.5 knots.U.N Ro-Ro was the first shipping ...

  • News

    Battle for Akpo FPSO

    2005-04-14T00:00:00Z

    The French firm Technip and the Italian firm Saipem are battling for the $1 billion contract to build the FPSO vessel for the huge Akpo deep offshore field off Nigeria. Industry sources indicate that contracts for the construction of the 2 million barrel FPSO might be awarded this week.Making a ...

  • News

    First newbuilding for "K" Line Europe

    2005-04-13T00:00:00Z

    "K" Line (Europe) Limited has taken delivery of its first newbuilding, the 185,500dwt bulk carrier Cape Riviera. Built at Kawasaki Shipbuilding in Japan, the bulker is the first of three sisters due to join the "K" Line Europe fleet. The shipping company has also announced a major fleet expansion for ...

  • News

    EU pollution requirements could harm trade

    2005-04-13T00:00:00Z

    The Union of Greek Shipowners warned that EU pressure on shipowners to shoulder progressively stricter anti-pollution safeguards will end up undermining a vital industry and encourage law-abiding operators to skirt regulations,. In a speech at the recent Intertanko conference in Piraeus, union chairman Nikos Efthymiou also said the EU's toughening ...

  • News

    Far East shipbuilders win more boxships

    2005-04-13T00:00:00Z

    Following their recent order for five 8,200TEU container ships, Yang Ming, the Taiwanese carrier, has now placed a contract with China Shipbuilding Corporation, for five 4,250TEU vessels with the same shipbuilder. The lead ship will be delivered during the third quarter 2008 and will be deployed on the Asia/North America ...

  • News

    Halliburton bags Agbami contract

    2005-04-13T00:00:00Z

    The US-based KBR oil services firm, a subsidiary of Halliburton, has won the engineering, design and procurement contract for the Agbami FPSO?s topsides. KBR said in a statement that it was handed the job by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering which was awarded the $1.1 billion engineering, ...

  • News

    Vietnam wins more orders

    2005-04-12T00:00:00Z

    The Swiss-German company Proftech International has placed an order for two 37,600DWT handy-size bulkers with Vinashin, Vietnam?s state-owned shipbuilder. The newbuildings will be built at Vinashin?s Bach Dang shipyard and are scheduled for delivery in July 2007 and May 2008. The identity of the shipowner is not known but industry ...

  • News

    Gulf Marine relocates shipyard

    2005-04-12T00:00:00Z

    The former Tampa Electric Hooker's Point power plant site is the new site for Gulf Marine?s shipyard facility. Gulf Marine plans to relocate most of its shipyard operations at the Port of Tampa to the 32-acre site over the next 12 to 18 months. The company is currently involved in ...

  • News

    EC says no to Italian scheme

    2005-04-12T00:00:00Z

    After an in-depth investigation, the European Commission has prohibited the implementation of an Italian aid scheme designed to cover the risk of loans for the construction and conversion of ships in Italian yards, because it is incompatible with EC Treaty state aid rules that prohibit aid liable to distort competition ...

  • News

    GE receives GL certification

    2005-04-12T00:00:00Z

    GE Transportation?s marine business announced it has received certification from Germanischer Lloyd (GL) for its 8, 12 and 16 cylinder, medium-speed diesel engines. "By obtaining the prestigious Germanischer Lloyd certification, we continue to reinforce GE?s commitment to offering customers low life cycle cost diesel engines that can operate on inland ...