All Motorship articles in Web Issue – Page 129

  • News

    Appledore turning the corner

    2005-01-20T00:00:00Z

    Appledore Shipbuilders in Devon, UK, is working on its first order since the yard went into receivership at the end of 2003 with the loss of more than 500 jobs. The yard, which is under new ownership of Devonport Management Limited (DML), began work late last year on the hull ...

  • News

    Poland backs Viet Nam

    2005-01-20T00:00:00Z

    Viet Nam is an important partner for Poland?s development strategy, said Polish Prime Minister Marek Belka at a business forum held by the Viet Nam Chamber of Commerce and Industry at the Polish embassy in Ha Noi. Belka said that, with a population of 80 million, Viet Nam is a ...

  • News

    Heusden facility closed

    2005-01-20T00:00:00Z

    The Dutch shipbuilder Shipyard De Hoop has closed its facilities at Heusden with effect from 19 January. The company states it will continue its shipbuilding activities in The Netherlands on a smaller scale at its location in Lobith.

  • News

    Wallenius Wilhelmsen signs low sulphur fuel contracts

    2005-01-20T00:00:00Z

    Wallenius Wilhelmsen has signed two key contracts for the supply of low sulphur bunker fuel - with a sulphur content of just 1.0% - that will help the company meet its ambitious environmental targets for 2005. A three-year contract has been secured with Shell Marine Products to purchase 200,000 to ...

  • News

    E.R. Schiffahrt trio named

    2005-01-20T00:00:00Z

    Three container ships were named by E.R. Schiffahrt earlier this week at the three Hyundai shipyards in South Korea. These latest newbuildings are part of the planned expansion programme by E.R. Schiffahrt, a subsidiary of the Hamburg-based Nordcapital Group, which will see another 22 container ships, all built by Hyundai, ...

  • News

    New Handymax from Oshima

    2005-01-20T00:00:00Z

    A new ultra Handymax bulk carrier design has been developed by the Japanese shipbuilder Oshima featuring a Panamax beam and draught but maintaining a Handymax length. The 60,000dwt design has a length of 190m, a beam of 32.26m, a draught of 13.04m and five holds with a total cargo capacity ...

  • News

    Norsk Hydro cancels Farstad LOI

    2005-01-21T00:00:00Z

    Norsk Hydro has cancelled the Letter of Intent with Farstad Shipping since the Norwegian oil and energy company could not guarantee that all bidders had received equal information during the tendering process last year. The LOI was for a $160 million long-term charter deal calling for delivery of supply vessel ...

  • News

    EU saves Izar

    2005-01-21T00:00:00Z

    The European Commission has cleared a deal designed to save Spain's shipbuilding industry that will see Spanish yards focus on making military rather than cargo carrying vessels. The EU Competition Commissioner has received assurances from the Spanish Finance Minister that the deal brokered last month complies with EU rules on ...

  • News

    Viet Nam shipbuilding looks promising

    2005-01-21T00:00:00Z

    Construction on the first two ships in a 15 vessel deal between the UK-based Graig Shipping and Viet Nam?s shipbuilder Vinashin will begin soon at their Ha Long shipyard and Nam Trieu yard. The $336 million deal with Graig Shipping calls for the construction of 15 bulk carriers of 53,000dwt ...

  • News

    HHI wins 10K boxship order

    2005-01-24T00:00:00Z

    Hyundai Heavy Industries in South Korea has signed a contract to build four 10,000TEU container ships for COSCO, China?s shipping company, and are the largest vessels of their type ordered to date. The contract value is $509.6 million and all four are expected to be delivered by August 2008. These ...

  • News

    Brazilian bonanza

    2005-01-24T00:00:00Z

    The Brazilian state-controlled oil company, Petroleo Brasileiro (Petrobras), is rumoured to be requesting bids from 12 domestic shipbuilders to build as many as 42 oil tankers at a cost of $1.9 billion.

  • News

    Farstad cancels order

    2005-01-24T00:00:00Z

    Farstad Shipping has decided to cancel the contract between its subsidiary, Farstad Supply, and the Norwegian shipyard Aker Brattvaag. As reported last week, the newbuilding contract was dependent on approval of the charter party between Norsk Hydro and Farstad Shipping ASA. An agreed cancellation fee will be covered by Farstad ...

  • News

    Shipyard jobs may be saved

    2005-01-24T00:00:00Z

    BAE Systems is reported to have put back moves to make 100 drawing office jobs redundant following discussion between management and the Ministry of Defence about packages of work to absorb some of the slack.The UK shipbuilder has been highlighting to the MoD the danger that more of Barrow?s unique ...

  • News

    Newbuild prices soaring

    2005-01-24T00:00:00Z

    Since the beginning of this year the price of new ships has jumped raising South Korean shipbuilders' hopes of greater profits in the latter half of the year, industry sources said. The price index of new ships reached 155 in January which is a record high since it hit 163 ...

  • News

    2004, a record year for CSIC

    2005-01-25T00:00:00Z

    The China Shipbuilding Industry Corp. (CSIC), the largest shipbuilding company in China, received more than six million tons of new ship orders in 2004, ranking first in domestic shipbuilding companies. Li Changyin, CSIC general manager, said that the company built 2.14 million tons of new ships in 2004, up 30% ...

  • News

    Norsk Hydro's LoI cancellation

    2005-01-25T00:00:00Z

    With reference to earlier press releases on the issue of Norsk Hydro's reason for cancellation of their Letter of Intent to Farstad Shipping, fuller details have now emerged. According to Norsk Hydro they had discovered that technical information was handled in conflict with Hydro's procedures. This was related to an ...

  • News

    Ballast Water Convention gains first signatories

    2005-01-27T00:00:00Z

    Spain and Brazil have become the first states to sign the International Convention for the Control and Management of Ships' Ballast Water and Sediments, 2004.The Ballast Water Convention contains measures to prevent the potentially devastating effects of the spread of harmful aquatic organisms carried by ships' ballast water. It will ...

  • News

    Mid-life upgrade for BC ferry

    2005-01-27T00:00:00Z

    Refurbishments will bring Service Improvements for Nanaimo-Horseshoe Bay The Queen of Oak Bay, which plies on BC Ferries' Nanaimo-Horseshoe Bay route in British Columbia, Canada, is undergoing an extensive, six-month upgrade at Vancouver Drydock Company (VDC) in North Vancouver. The contract with the ship repairer, which is part of the ...

  • News

    VT Halter build third NOAA vessel

    2005-01-27T00:00:00Z

    VT Halter Marine Inc. (VTHM), a subsidiary of Vision Technologies Systems Inc., will build another Fisheries Survey Vessel for the National Oceanic and Atmospheric Administration (NOAA) which organised their option for the third of four planned vessels under an existing contract. This vessel is valued at approximately $38 million and ...

  • News

    H&W at full capacity

    2005-01-27T00:00:00Z

    Harland and Wolff is gearing up for a second year of substantial business growth following a successful 2004 which saw ship repair and conversion work increasing by 60%. The Belfast shipyard is at maximum capacity with no fewer than two ferries, two high speed catamaran ferries, a tanker and three ...