All Motorship articles in Web Issue – Page 1035

  • News

    Mipo provides support to KPSI

    2005-01-07T00:00:00Z

    Hyundai Mipo Dockyard and Kvaerner Philadelphia Shipyard Inc in the US have signed a shipbuilding technology support agreement under which MIPO will provide ship design of 12 product carriers, shipbuilding technology and supply of marine equipment to KPSI at the price of $26.92 million. The contract will be valid from ...

  • News

    Post-Panamax trio ordered by Hapag-Lloyd

    2005-01-07T00:00:00Z

    Hapag-Lloyd has ordered three 100,000 DWT post-Panamax containerships from South Korean shipbuilder Hyundai Heavy Industries. The 8,600TEU vessels will have a length of 335m, a width of 43m and the lead-ship will be delivered at the end of 2007 with the remaining two in 2008. Newbuildings must be ordered well ...

  • News

    Mega fleet expansion for Japanese shipping

    2005-01-07T00:00:00Z

    Japanese shipping companies plan to invest over $34 billion to increase their fleets by 630 vessels in the next five years. The vessels to be acquired in the fleet expansion programmes that will end by 2010 will be mostly LNG tankers.Sources close to the Japanese shipping industry disclosed that the ...

  • News

    Boxship quartet for Daesun

    2005-01-07T00:00:00Z

    Daesun Shipbuilding in South Korea has secured a contract for four 1,043TEU container ships from an undisclosed ship owner. Total contract price is $ 76.8 million and delivery is scheduled between 2007 and April 2008. Hyundai Mipo Dockyard won an order from Japanese shipping company Orix for a 2,824TEU container ...

  • News

    CSSC targets 4m DWT new orders

    2005-01-07T00:00:00Z

    China State Shipbuilding Corporation (CSSC) aims to win newbuilding orders for 4 million DWT and deliver 4.36 million DWT this year. In 2004, CSSC delivered 3.57 million DWT, up 64.5% on 2003, of which 73.8% were for export. Last year CSSC won new orders totalling 4.6 million DWT valued at ...

  • News

    NYK orders VLCC trio

    2005-01-06T00:00:00Z

    Nippon Yusen Kaisha (NYK) in Japan ordered three 300,000DWT VLCCs from IHI Marine United for delivery from 2008 to 2009. NYK now has 13 VLCCs on order and is in accordance with the company?s policy of creating a double-hulled tanker fleet. With the delivery of all newbuildings, NYK will have ...

  • News

    STX develops on-land construction - ndh

    2005-01-06T00:00:00Z

    STX Shipbuilding has developed a ?Skid Launching System? involving building ships in two sections on land. After each section has been constructed, the two are joined in a floating dock. STX recently moved half of a 47,000DWT product carrier ?High Courage? onto a floating ?skid barge? and will move the ...

  • News

    TTS establishes new JV in China

    2005-01-06T00:00:00Z

    TTS Marine ASA has entered into agreement with Dalian New Shipbuilding Heavy Industry (DNS) to establish a joint venture company for supplying cranes to new ships being built in Chinese shipyards. This agreement is a milestone in TTS efforts to enter the expanding shipbuilding market in China. The agreement to ...

  • News

    Aker Tulcea triples turnover

    2005-01-06T00:00:00Z

    Tulcea Shipyard, owned by Norwegian group Aker, forecasts triple turnover for this year, up to 120 million euros. The company's management is hiring more employees in order to be able to fulfill the unprecedented number of orders. The yard recently received a newbuilding contract worth more than 150 million euros ...

  • News

    CSG orders five tankers

    2005-01-05T00:00:00Z

    China Shipping Development Co, a subsidiary of China Shipping Group, has ordered a 298,000dwt VLCC from Dalian New Shipyard. Ship particulars are 333.5m in length, 58m in breadth, 31m in depth, a draught of 21m and a speed of 15.8 knots. No price or delivery date has been revealed. CSDC ...

  • News

    Korea sees China as threat

    2005-01-05T00:00:00Z

    The Korea Shipbuilder's Association recently presented a report that Chinese shipbuilders are likely to overtake Korean yards in the construction of large container ships within the next five years. It also claims Chinese competition will overtake Korea for high-value ships such as LNG carriers within 10 years. What also worries ...

  • News

    Keppel owns Brazilian operations

    2005-01-05T00:00:00Z

    Keppel Offshore & Marine Ltd (Keppel O&M), the wholly owned subsidiary of Keppel Corporation Limited, has acquired from the PEM Setal Group the latter?s entire 17.25% interest in FELS Setal S.A. The cash consideration for the purchase is $5 million. With the acquisition, FELS Setal will become a wholly owned ...

  • News

    B&N Nordsjofrakt confirms trio

    2005-01-05T00:00:00Z

    With reference to a letter of intent (LOI) announced on 20 October 2004, Aker Yards has now received a confirmation in the form of a firm contract for building of three container carriers for B & N Nordsjofrakt. The contract is worth approximately $188 million and all three vessels will ...

  • News

    Another Costa contract for Fincantieri

    2005-01-05T00:00:00Z

    Costa Crociere, a subsidiary of Carnival Corporation, has ordered a 112,000gt cruise ship from the Italian shipbuilder Fincantieri at a cost of $630 million. The new Concordia class ship will be built at the Sestri Penente yard in Genoa and is due for delivery in spring 2007. It will be ...

  • News

    Six more for Samsung

    2005-01-04T00:00:00Z

    Samsung Heavy Industries announced it has secured orders for two 153,200 cubic metre LNG carriers and four post-Panamax container ships from a European ship owner for delivery by April 2009. Even though the size of the boxships has not been revealed, it is believed that they will be 9,000TEU. Total ...

  • News

    NCL orders newbuilding

    2005-01-04T00:00:00Z

    Norwegian Cruise Line (NCL) has ordered a new 2,400 passenger cruise ship from Meyer Werft in Papenburg, Germany, for delivery in February 2007. This 93,000 GT newbuilding will be a sistership to the Norwegian Jewel currently under construction at Meyer Werft and scheduled for delivery this summer.

  • News

    US yards vie for ferry job

    2005-01-04T00:00:00Z

    Three Puget Sound shipyards are competing to build four new state ferries worth in total $200 million. J.M. Martinac Shipbuilding of Tacoma, Nichols Brothers Boat Builders on Whidbey Island and Seattle's Todd Pacific Shipyards are in the final list of shipbuilders that meet the requirements of the Washington State Ferry ...

  • News

    Lauritzen expands gas fleet

    2005-01-04T00:00:00Z

    Lauritzen Kosan, the gas arm of Danish Shipowners 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 ...

  • News

    Summer start for BP?s Salalah fuel service

    2005-01-04T00:00:00Z

    BP Marine is making a significant progress in the construction of its new portside fuels bunkering facility at the port of Salalah in Oman. The main contractor Fujairah Marine Services has over 150 people working on the site, involved in the construction of BP Marine?s first, new-build bunker fuels? terminal, ...

  • News

    NCL signs LOI with Aker Yards

    2005-01-04T00:00:00Z

    Aker Yards has signed a Letter of Intent (LOI) with NCL Corporation (NCL) for building a high standard cruise vessel. The LOI, valid until the end of this month, also includes an option for a second ship, for delivery in early 2008, with exercise of the option by end of ...