All Motorship articles in Web Issue – Page 1027
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News
New servicing company for Baltic region
Wärtsilä Corporation and the BLRT Grupp of Estonia have agreed to set up a joint venture to service ships in the Baltic area. The new company will be named Oü Ciserv BLRT Baltica and will be a "one-stop" shop for servicing ships covering all aspects of ship repairs, as well ...
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News
LR and Napa announce software contract
Napa Ltd and Lloyd?s Register(LR) have signed a landmark contract to extend the use of NAPA, Napa Ltd?s ship modelling software package. LR has adopted the NAPA system for statutory compliance calculations for all classed ships throughout its global network of offices. Napa Ltd is also committed to help develop ...
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New niche LNG FPSO concept gets AIP
ABS continues to be at the forefront of technical standards for gas production at sea and transport technologies with its approval in principle (AIP) of a novel concept from ABB Lummus Global (ABB) for a liquefied natural gas and liquefied petroleum gas, floating production storage and offloading unit (Niche LNG ...
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Keppel on the acquisition trail
Keppel Corp, the Singapore conglomerate, wants to add to its global network of shipyards which currently spans to as far as the Philippines, the Middle East and BrazilThe company had already been looking around and has singled out Qatar and the Middle East. The move towards acquisition is part of ...
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SCI need 18 newbuildings
Shipping Corporation of India (SCI), the country?s largest shipping company, has announced plans to buy 18 new ships at a cost of nearly $1.5 billion, company?s chairman and managing director P K Srivastava said. The new ships would be acquired over the next few years.The newbuilding plans include two VLCCs, ...
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Posco hikes steel prices
The South Korean steel manufacturer, Posco, will be increasing the price of its steel plates for shipbuilding by W 60,000 ($60) per ton. However, Posco explains that it will apply discount ratio depending on market situation and the actual price will be W645,000 ($645) per tonne, up from W 620,000. ...
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Daewoo gets EXMAR LPG contract
EXMAR, the Belgium shipping company, has signed a newbuilding contract for two very large LPG carriers at Daewoo Shipbuilding and Marine Engineering in South Korea. The newbuildings will have a capacity of 84,000 m³ and the first vessel will be delivered in the 1st half of 2008.
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Korean shipbuilders avoiding low-end orders
Shipbuilders in South Korea are refraining from receiving new low-end orders as they have already secured a three-year backlog of orders. Industry sources claim Samsung did not bid for a recent order from the Middle East for four 6,500 TEU container ships or a number of orders for oil tankers ...
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Saigon Shipmarin into newbuildings
The Saigon Shipbuilding and Maritime Industry Company (Saigon Shipmarin) is investing more than $17 million in their shipyard to enable the company to build ships of over 10,000 tonnes. Currently, the Ho Chi Minh City-based shipbuilder is building a 15,000 tonne specialised barge for the Viet Nam - Russia Oil ...
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STX and SAM to cooperate
STX Engine, the affiliated company of STX Corporation in South Korea which owns STX Shipbuilding, has selected SAM Electronics as preferred partner for supply and integration of navigation and communication systems. Under the agreement which will be valid from March this year to March 2008 and will commence in 2006, ...
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Wartsila to power HMM containerships
Four 8,600 TEU container ships ordered by Hyundai Merchant Marine (HMM) from Hyundai Heavy Industries (two ships) and Hyundai Samho Heavy Industries (two ships) are to be powered by 14-cylinder Sulzer RT-flex96C common-rail engines. Each engine will have a maximum continuous power of 80,080 kW.Hyundai Heavy Industries will build these ...
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News
Engine break-through in China
Two major orders for a total of 12 engines have been placed with Chinese shipyards both calling for Mitsui-built K98-cm bore engines of MAN B&W Diesel design.The first project is at Hudong-Zhonghua Shipbuilding (Group) which is building four 8,500 TEU container ships with up to four options for China Shipping ...
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News
Daesun clinches two LPDs
Daesun Shipbuilding in South Korea has won an order for two landing platform docks from Indonesian Navy. Total contract price is $58.7 million and both vessels will be delivered by August 2007.
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South Korea claims victory in WTO dispute
South Korea claims that the World Trade Organization (WTO) decision calling on Seoul to end shipbuilding subsidies within three months represents a victory in its long-running shipbuilding dispute with the European Union. The foreign ministry said WTO?s ruling "has no impact" on the South Korean shipbuilding industry as the subsidies ...
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News
Kawasaki gets order for small LNG carrier
Maple LNG Transport, a joint venture owned equally by MOL and Hiroshima Gas, has ordered a 19,100 cubic metre LNG carrier from Kawasaki Shipbuilding, and signed a 20 year charter contract with HG LNG Shipping Corporation, a wholly owned subsidiary of Hiroshima Gas. The Moss type LNG carrier has three ...
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News
BP has new bunker location in Fremantle
BP Marine has opened its new, relocated bunkering operation in North Fremantle, following a multimillion dollar investment in its Western Australia facility.BP has decided to continue its 80-year marine bunkering history at the port by relocating its marine fuels operation to a new home in North Fremantle after the long-term ...
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Korea to remain tops
Korean shipbuilders will maintain their No. 1 position in the world until 2015 with a market share of over 40% in terms of completion volume, according to an announcement by Korea Shipbuilder?s Association. Korean shipbuilders completed 15.14 million GT and will build 16.7 million GT in 2015 when world completion ...
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Lauritzen expands LPG fleet
Lauritzen Kosan, the gas arm of Danish shipowner J. Lauritzen A/S, has signed a newbuilding contract for a series of four semi-pressurised gas carriers with ethylene capacity at INP Heavy Industries in South Korea. The deal includes options for further vessels. The first vessel will be delivered in the fourth ...
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News
Color goes for second cruise ship
Color Line AS and Aker Yards have signed a letter of intent (LOI) for the order of a second ship, a sister vessel to ?Color Fantasy?, the world's largest cruise ship with car decks delivered from Aker Finnyards in December 2004. The contract is valued at approximately $400 million and ...
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Chinese JV overcomes iron ore price hike
China Ocean Shipping (COSCO) and Anshan Iron and Steel Company (AISC) have become strategic partners to minimise the effects of iron ore price hikes. Under the joint venture agreement, COSCO will provide low-cost transportation for iron ore imports and the export of steel products for Anshan Steel. In return, AISC ...
