All Motorship articles in Web Issue – Page 808
-
News
Orders continue to flow into China
The latest Chinese shipyard to benefit from the renewed flow of newbuilding orders is Jiangsu Hantong Ship Heavy Industry. An undisclosed shipowner from Southeast Asia has placed an order for seven 57,000 dwt bulk carriers at a cost of around $29.3 million each for delivery during 2010-2011.Hantong is a modern, ...
-
News
Four Capers for Sungdong
South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering has secured a contract with Brazil's mining company Vale for the construction of four 180,000 dwt bulk carriers for around $250m. The newbuildings will have a length of 295 m and a breadth of 45 m with a cruising speed of 15.2 ...
-
News
Aegean takes delivery of new bunker tanker
The Greek shipping company Aegean Marine Petroleum Network Inc. has taken delivery of the Kerkyra, a 6,290 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the Company's market located in Gibraltar.E. Nikolas Tavlarios, president, commented, "Including the Kerkyra, Aegean ...
-
News
Active box fleet dropped 4% over past year
The combined active fleet operated by the top 24 container carriers has declined by4% over the last 12 months, according to an exclusive survey by Alphaliner. The active fleet operated by the carriers surveyed, currently stands at 10.43 Mteu compared to 10.86 Mteu in September last year, before the market ...
-
News
Wadan rescue in sight
Struggling Wadan Yards in Germany is hopeful that a new Russian investor will buy it and save it from closure. Igor Yusofov, Member of the Board of the Russian energy company Gazprom, intends to buy out the insolvent Wadan Yard shipbuilders in Mecklenburg-Western Pomerania and recently came to an understanding ...
-
News
China looks to Korea for chemical tankers
China's Sinochem Group recently signed a letter of intent with 21st Century Shipbuilding of South Korea to build four 20,000-dwt stainless-steel chemical tankers. Both parties to the deal are said to be deep in negotiations over price levels with the yard reportedly for $40m while Sinochem is said to be ...
-
News
MES wins Tonga cargo-passenger ship
Japan's Mitsui Engineering & Shipbuilding (MES) announced that its subsidiary shipyard ISB has received an order for a 1,500 gt cargo-passenger ship from the Ministry of Transport of the Kingdom of Tonga. The order is in line with the project to construct ferries for isolated islands through Japanese government's Official ...
-
News
Chongqing to build China's largest steelmill
Local sources report that Chongqing Iron & Steel Co Ltd is expected to be China largest shipbuilding steel producer by the end of next year when the first phase project of its relocation will put into production with an annual capacity of 6.5 million tonnes. The construction of its new ...
-
News
Japanese ship orders down
Export ship orders in Japan dropped for the 10th consecutive month in July on a year-on-year basis, tumbling 63.2% to 950,820 gross tons, according to figures released by the Japan Ship Exporters' Association. The pace of decline, however, was the slowest since October last year when the global financial turmoil ...
-
News
China's shipbuilding output growth slowing
China's shipbuilding enterprises realized a total output of 300.6 billion yuan ($44 billion) in the first seven months of this year, Ministry of Industrial and Information Technology said. The figure represents an increase of 33.7% over the same period last year, but the growth rate was 24.3 percentage points lower ...
-
News
New yard wins heavy lift carrier
South Korea's newly-established shipbuilder Shin An Heavy Industries has ended its orders drought and received a new contract for a heavy lift vessel from compatriot Hanjin Corporation. The 12,300 dwt newbuilding is scheduled to be delivered in the second half of 2010. The two companies also agreed to cooperate in ...
-
News
VLG eying Baltija Shipyard
The Lithuanian shipbuilder Western Shipyard (VLG), owned by the BLRT Group in Estonia, is considering the acquisition of the Baltija Shipyard although VLG's boss Arnoldas Sileika said that any statements on the acquisition were premature. Sileika said that Klaipeda-based VLC would wait until AP Moller-Maersk officially announces the sale of ...
-
News
Transpetro issues LPG tender
Brazil's Transpetro, the shipping arm of Petrobras, is inviting 19 shipbuilders, including nine foreign companies, to bid on a contract for eight LPG carrier newbuildings. The vessels include four 7,300-cbm gas ships originally slated to be built at southern Brazil's Itajai shipyard. Earlier this month, the company cancelled the order ...
-
News
DDW-SEA delivers five vessels
Drydocks World ? Southeast Asia Pte. Limited (DDW-SEA), the Southeast Asian subsidiary of Drydocks World, has delivered five vessels. These are Endeavor, Greatship Ahalya, Mermaid Vision and Ark Dartmoor from their Drydocks World ? Nanindah yard and Armada Tuah 104 from their Drydocks World ? Pertama yard.The Endeavor, a fully ...
-
News
First Iranian-built boxship to be launched
The first Iranian-built ocean vessel named 'Iran-Arak' is ready to be launched according to local press reports. The 2,200 TEU container carrier is 185 m long, 30 m wide and has a deadweight of over 30,000 tonnes. It has been built at the Iran Shipbuilding and Offshore Industries Company (ISOICO) ...
-
News
Navios acquires Cape pair
The Greek shipping company Navios Maritime Holdings Inc. announced that it has reached an agreement to acquire two 180,000 dwt Capesize vessels, currently under construction at the same South Korean Shipyard, to be delivered in the second half of 2010.Angeliki Frangou, chairman and ceo of Navios Holdings stated, "This transaction ...
-
News
Doosan Engine breaks 60m bhp barrier
South Korea's Doosan Engine, which specializes in building vessel diesel engines, achieved 60 million bhp in aggregate production recently. This milestone was reached in world record time, just 25 years after completing the first engine in 1984. Shop testing of a 93,000bph 12K98ME-C engine was completed at Low Speed Assembly ...
-
News
Revolutionary new process eradicates norovirus
The cruise ship 'Marco Polo', whose round-Britain cruise had to be cancelled because hundreds of passengers became ill with the vomiting bug Norovirus, has been totally disinfected by SitexOrbis' revolutionary infection control fogging service in just 5 hours at Tilbury docks near London. During that time 375 rooms on 11 ...
-
News
Last chance for Polish shipyards
A ray of hope emerged Tuesday for two struggling Polish shipyards as the government said Qatar's national investment fund could step in after the failure of their sale to Qatari investors. "I received an official letter from the Qatar Investment Authority concerning the launch of moves that could lead the ...
-
News
'Athenian Victory' largest GL-classed tanker
The naming ceremony for the VLCC "Athenian Victory" took place on 19 August at the world's largest shipyard Hyundai Heavy Industries in Ulsan, Korea. The delivery to its owner, the Greek shipping company Athenian Sea Carriers, is scheduled for the 27 August. The vessel with the hull number 2002 is ...