All Motorship articles in Web Issue – Page 1052
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News
Yongyue starts work on new dry dock
Construction on a new 300,000dwt dry dock has started at the Yongyue Shipyard at their at Mashidao facility in China. The ship repairer and shipbuilder will complete this dock by the end of 2005 and will commence work on a 100,000dwt dry dock. Total investment is CNY 450 million. The ...
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SID cards come into force
An international labour standard designed to create a new biometric identity verification system for the world's 1.2 million seafarers has received sufficient ratifications to go into force on 9 February 2005, the International Labour Office (ILO) said today. ILO Convention No. 185, adopted by the International Labour Conference in June ...
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Iran hopes to launch first IRISL ship next year
Iran hopes the first ship to be built for the Islamic Republic of Iran Shipping Lines (IRISL) at a local shipyard can be launched next year. Despite slow progress in the field of shipbuilding, Iran plans to develop its industry and is currently building several large ships for a number ...
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Caspian Sea barge contract for Aker Kvaerner
Aker Kvaerner has signed a letter of intent to perform fabrication, outfitting and testing of seven barges for oil production in the giant Kashagan oilfield in the north Caspian Sea, offshore Kazakhstan. In the letter of intent, Agip Kazakhstan North Caspian Operating Company N.V. and Aker Kvaerner confirm their intentions ...
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MISC to expand LNG fleet
Malaysia International Shipping Corp (MISC) will increase its fleet of LNG carriers to 28 by 2008 from the present 17 to meet the growing demand for gas deliveries, its chairman Tan Sri Mohd Hassan Marican said. The company has placed orders for six 137,000 cubic metre LNG carriers of the ...
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Daewoo profits up
Daewoo Shipbuilding Marine Engineering (DSME), the world's No.2 shipbuilder, announced that its second-quarter profit rose 12% as gains in sales of newbuildings were bolstered by currency hedges. Net income rose to $78 million in the three months up to June 30 from $70.1 million last year while sales rose 4.1% ...
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CTT to market ASC technology
Connecticut-based Competitive Technologies (CTT) has signed an agreement with Illinois-based Cutting Edge Technologies (CET) to commercialize and grant licenses for CET's patented ?accelerated steel cutting? (ASC) technology. The ASC technology, with a specifically designed and modified track torch, uses high pressure propane and oxygen to cut steel at a rate ...
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Pride?s itinerary announced
NCL Corporation (NCL) unveiled the itinerary for Pride of America, the second of three US flagged cruise ships that will sail to Hawaii under the NCL America brand. The ship, which earlier this year suffered storm damage at the German shipyard Lloyd Werft where the ship was under construction, was ...
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Norshipco hopes layoffs are temporary
Norshipco shipyard in Norfolk, Virginia, part of the United States Marine Repair, America's leading non-nuclear ship repair and conversion company, will lay off 400 people in what the shipyard hopes will be a short-term economic move. Company officials say that, for the first time in years, there's hardly any ship ...
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China joins LNG shipbuilding club
China's shipbuilding industry has entered into the liquefied natural gas (LNG) shipbuilding market with the signing of the country?s first newbuilding contract for this ship type. Hudong-Zhonghua Shipbuilding (HZS), a subsidiary of China State Shipbuilding Corp (CSSC), is to build three147,000 cubic metre LNG carriers the LNG project in southern ...
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STX may build in China
STX Shipbuilding of South Korea, is considering relocating one of its dockyards to China to expand its production capacity and improve on its productivity. The company is considering various options, including relocating its facilities to Jinhae, south of Seoul.Korean shipbuilders are looking for ways to expand their production capacity and ...
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HMM to order three boxships
Hyundai Merchant Marine reports to Korea Stock Exchange today that it decides to order three 4,700TEU container ships with delivery of second and third quarter of 2007. Total investment will be $ 200 million. HMM adds that the decision is a part of medium and long-term ship securing program. A ...
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Indian Navy to build aircraft carrier at home
India has unveiled plans to build an aircraft carrier and Chief of Naval Staff, Admiral Arun Prakash, said that the carrier would be built at the Cochin shipyard. "The ADS (Air Defence Ship) is our biggest ship building project, and we are extremely keen that it should get off the ...
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HHI to build Korea's first Aegis
Hyundai Heavy Industries (HHI) will begin construction of a warship armed with the Aegis Combat System, the US developed anti-air defense system, for the South Korea?s navy at a cost of over $860million. Code-named KDX-III, the 7,000 tonne destroyer will be the first in a three-ship series which has been ...
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HHI enters submarine market
Hyundai Heavy Industries in Korea signed a contract to build the first of three 7,000 tonne submarines for the Korean Navy for delivery late 2008. Vessel particulars are 165.9m long, 21m wide, a draught of 6.25m and a speed of 30 knots.
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Four countries interested in joining Straits patrol
Four more countries have expressed an interest in joining the coordinated patrols launched recently by Indonesia, Malaysia and Singapore to stamp out piracy in the Straits of Malacca. The countries in question are fellow members of Asean, i.e. the Philippines, Thailand and Brunei, as well as Asean Regional Forum partner ...
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European MOU recognises BV performance
Classification society Bureau Veritas has been named as one of the three best performing classification societies in the world, based on Port State Control statistics from the Paris MOU.This year is the first in which the Paris MOU has adopted a performance ranking of classification societies. The ranking is based ...
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Armaris and IZAR assist Australia with new warships
French shipbuilding group Armaris and Spanish shipbuilding group IZAR will be asked to participate in a funded risk reduction and design study for the Royal Australian Navy's two new amphibious vessels. Defence minister Robert Hill said the study was a further step towards the selection of a new amphibious ship ...
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First Ulstein design to be built abroad
Solstad Offshore of Norway has signed a Letter of Intent with Merwede Shipyard regarding the building of an ULSTEIN P105 platform supply vessel. The Dutch shipyard has in connection with this order signed a contract with reservations with Ulstein Design AS regarding the delivery of a design and equipment package ...
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Korean shipbuilders see profit margins fall
Daewoo Shipbuilding & Marine Engineering (DSMA) will be reporting that its second-quarter profit will fall by 21% because of rising steel prices. DSME?s announcement will be followed by others from Korean shipbuilders since the price of steel plates, about 18% of a shipbuilder's costs, rose as much as 70% this ...
