All Motorship articles in Web Issue – Page 291
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News
Subsea 7 introduces Seven Seas
Subsea 7 Inc, one of the world's leading subsea engineering and construction companies, took delivery of its new state-of-the-art deepwater Flex / J-lay vessel, the ?Seven Seas?. The newbuilding is designed to perform highly specialised subsea pipe laying, construction and engineering work for the deepwater global offshore oil and gas ...
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Aker set to build yard in Russia
The international shipbuilding group Aker Yards ASA could help build a huge shipyard worth $1 billion in north-western Russia. A year ago, Moscow announced plans to build a large shipyard for manufacturing commercial vessels with deadweight of 100,000 to 150,000 tonnes.Aker Yards is negotiating with two other prospective contractors, members ...
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Inaugural cat launched at Austal Tasmania
The first of two 47.5 metre passenger catamaran ferries for the Macau-based New World First Ferry (NWFF) has been launched at Austal Tasmania, marking a historic milestone for the growing shipyard.With new orders for the shipyard currently being finalised and a workforce which has grown from 40 to more than ...
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Frontline expands VLCC fleet
Frontline has entered into a contract with Zhoushan Jinhaiwan Shipyard in China for delivery of four 320,000 dwt VLCC newbuildings. The vessels will be delivered from June 2011 until December 2011. Frontline has also secured options for further two similar VLCC newbuildings at a fixed price. The ordering of ...
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Austal launches LCS
Austal has successfully launched its landmark 127 metre Littoral Combat Ship ?Independence? (LCS 2) in what proved a momentous occasion for the company as it celebrates its 20th year.Since its keel laying in January 2006, Independence has steadily progressed within Austal USA?s purpose built construction facility in Mobile, Alabama toward ...
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DSME boosting production
Daewoo Shipbuilding & Marine Engineering (DSME) plans to spend 163.2bn won ($164m) to expand its facility for the production of vessel parts. The investment will be made by March 2010 at its shipyard in Okpo, South Korea.The shipbuilder also plans to spend 44.5bn won to buy a 50 percent stake ...
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CSSC doubles profit
China State Shipbuilding Co. (CSSC) said its first-quarter profit more than doubled after rising demand led to higher prices for vessels. The Shanghai-based company said that net income climbed to 984 million yuan ($140 million) from 417 million yuan a year earlier, while sales gained 16% to 3.98 billion yuan. ...
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Rihua yard delivers first newbuilding
Rihua Shipbuilding, a Sino-Japanese joint venture that operates a shipyard in Nantong, China, delivered its first newbuilding, a 29,200 dwt bulker, to German owner Aug Bolten. Named ?Western Wave?, this newbuilding is to be chartered out to NYK Global Bulk Corp., a subsidiary of Japan's Nippon Yusen Kaisha (NYK) group.Rihua ...
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Merwede gets another Subsea 7 order
Norwegian-controlled subsea contractor Subsea 7 Inc has ordered a new pipelay and construction vessel from the Dutch shipbuilder Merwede Shipyard at an overall project price estimated at $190m. The new 133-metre vessel will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, and will be delivered in ...
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VLCC price breaks record
Greek owner Delta Tanker has ordered three VLCCs from South Korea's Hyundai Heavy Industries (HHI) for a record unit price of $156 million. This broke the previous record price of $154 million that Oman Shipping Company agreed to pay when it ordered its VLCCs from HHI and Daewoo Shipbuilding & ...
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Sovkomflot eyes ordering gas carriers
Russia?s Sovkomflot OJSC is eyeing the possibility of ordering a series of gas carriers from Admiralty Shipyards in St. Petersburg. According to local sources, the scope of the order will depend on requirements of energy companies to deploy the vessels and will comprise of tankers of 75,000-80,000m3 as well as ...
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OSD opens China office
The Offshore Ship Designers group (OSD) has opened a design office in Shanghai, China. Initially staffed with six naval architects it will provide design resources to OSD's European partners and also provide Asian shipyards with innovative tug and offshore support vessel designs."We see increased demand from Asian yards for new ...
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Vinashin hands over bulker to UK group
Vinashin?s subsidiary, Nam Trieu Shipbuilding Industry Corporation, has handed over a 53,000 tonne bulk carrier to Britain?s Graig Group. The vessel, named Sophia, is the second in a 15-ship series ordered by the Craig Group.
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Cosco to grow offshore business
Cosco Corp. Singapore Ltd. aims to draw one third of its business each from ship repairs and conversion, new shipbuilding and offshore marine engineering services. The three key businesses contribute S$653.1 million ($481.2 million) or 91% of the company's S$717.6 million ($528.8 million) revenue during the January to March quarter.Of ...
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More reefers ordered
The Anglo-Norwegian reefer company Star Reefers Inc. has agreed with a Japanese owner to time-charter four more new reefer vessels each with a capacity of 615,000 cbft and almost 200 FEU containers for a period of 10 years. The 13,200 DWT vessels will be Star?s third series of four vessels ...
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Samsung secures drill ship order
Samsung Heavy Industries has won a $942 million deal to build a drill ship. The deal with Sweden-based Stena Line Co. calls on Samsung to deliver the vessel, used for deep-water oil exploration, by December 2011. Samsung has won deals valued at around $6 billion so far this year. The ...
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IMT books AHTS order
IMT Marine Consultants, a partner in the Offshore Ship Designers group, has been contracted to design a series of eight IMT 957 AHTS/Utility Vessels to be built at Qingao Qianjin Shipyard in Qingdao, China, for Swire Pacific Offshore Pte Ltd. Delivery dates begin in 2010.Neil Patterson, managing director of IMT ...
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EU clears STX bid for Aker
EU regulators cleared South Korea's shipbuilder STX Corp. to buy a 39% stake in Europe's largest shipbuilder, Aker Yards ASA. The EU dismissed initial worries that the deal might cause antitrust problems for cruise ships and a complaint that South Korean government subsidies for the new company might allow it ...
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APL multi-tasks CASPER
Practical research being undertaken by the container operator APL, a member of the Singapore-based Neptune Orient Lines (NOL), is being aided by the Propulsion Dynamics CASPER (Computerized Analysis of Ship PERformance) programme. Propulsion Dynamics Inc based in Long Beach, California.One containership operating out of Port of Oakland, California, and three ...
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HHI building new shipyard
The dockyard, on 1.8 million m2 of land in Gunsan, North Jeolla Province at the west coast of Korea, with 1.2 trillion won ($1.18 billion) investment, will be equipped with a number of large facilities including the world's largest dry dock with a length of 700 metres and a 1,600-tonne ...
