All Motorship articles in Web Issue – Page 834
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News
Big drop in Japanese newbuilding orders
Shipyards in Japan reported 69% fewer orders in January and forecast a third year of declines in 2009 as the global recession slashes demand for new vessels. According to the Japan Ship Exporters Association, orders were received for 193,700 cgt last month. The yards, including Mitsubishi Heavy Industries and Mitsui ...
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MES delivers Aframax
Mitsui Engineering & Shipbuilding (MES) in Japan completed and delivered a110,000DWT double hull crude oil tanker named 'Mare Nostrum'. Hull No. 1678 was built at the shipbuilder's its Chiba works for the Italian shipowner Fratelli d?Amico Armatori S.p.A..This is the 12th Aframax Tanker of 42 metre beam with the largest ...
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Abu Dhabi yard wins major UAE Navy order
Under a contract announced by the UAE Armed Forces, Abu Dhabi Ship Building (ADSB) is to construct twelve new boats for the UAE Navy and retrofit twelve existing boats. The contract calls for the supply of 12 combat vessels at a value of Dh 771.1 million and upgrading another 12 ...
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Strategic Marine opens Vietnamese shipyard
Western Australian shipbuilder Strategic Marine officially opened its multi-million dollar shipyard in Vietnam today. The new facility takes up 136,000m3 at the Dong Xuyen Industrial Zone in Ba Ria Vung Tau province and is now a fully functioning shipyard with the capability to construct large steel and aluminium vessels. Strategic ...
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India to reintroduce domestic shipbuilding subsidy
The shipping and finance ministries are set to resolve a 17 month-old dispute over subsidising shipbuilders on confirmed orders that were considered ineligible for a five-year scheme which ended on 14 August 2007. "We are moving towards a resolution now," a shipping ministry official said on condition of anonymity. "The ...
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New ferries planned for Alaska
The Alaska Marine Highway System (AMHS) recently announced a ferry acquisition project which calls for the design and construction of the next generation Alaska-class of ferries to begin replacing ageing ships currently in the AMHS fleet. The new Alaska-class vessels will serve intermediate length routes within sheltered waters. "This is ...
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Rescue package expected for Turkish yards
According to Binali Yildirim, Transport Minister of Turkey, Turkey is expected to finalize a rescue package for the country?s shipbuilding sector by the end of February. As per report the ministry is working on measures to support local companies in the ship construction sector that are hit hard by the ...
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Inevitable consolidation for China's shipbuilders
The China Daily has reported that China?s shipbuilding industry, which last year suffered its steepest annual decline since 2003, is likely to be squeezed further this year by shrinking order books and order cancellations as the global economy remains in recession.The industry, the world?s second largest by capacity, will see ...
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Samsung signs MoU with USC
Samsung Heavy Industries has signed a memorandum of understanding with United Shipbuilding Corporation (USC), a Russian state shipbuilding holding,USC is seeking to modernize Russian shipyards and unite them in three regional groups (west, north and Far East). Main provisions of the MOU include development of new business and promotion of ...
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Korean Shipyards' plight hits won
Korean shipbuilders rank Nos. 1 to 3 in sales but they are also being buffeted by the global economic storm. The plight of Korean shipbuilders has hit Korea hard, an exports-driven country whose currency, the won, has lost a significant portion of its value against other currencies. Korean Shipbuilders used ...
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Greatship Global takes delivery of AHTS
Greatship Global Offshore Services, a Singapore-based subsidiary of The Great Eastern Shipping Company, has taken delivery of the 'Greatship Abha', an 80ton bollard pull anchor handling tug cum supply vessel, from the Colombo Dockyard in Sri Lanka.The 2,000 dwt, 58.40 metre long newbuilding is a DP2, FiFi1 full-service vessel based ...
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Malta orders patrol vessels
Austal has secured its first European defence contract with an order for four 21.2 metre inshore patrol craft - including training and spares support - with the Armed Forces of Malta (AFM).The vessels will be built at Austal?s Australian facilities and are scheduled for delivery by the end of the ...
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Hydrex LLC up and running
Last year Hydrex officially opened its first US office in the Tampa Bay area. Hydrex LLC is prepared to mobilize immediately and is capable of efficiently servicing ships and offshore units calling on ports in Canada, North, Central and South America as well as the Caribbean. Saving significant amounts of ...
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MacGREGOR?s offshore deliveries aided by floating test bed
A purpose-built barge being commissioned by the end of February at MacGREGOR?s offshore equipment manufacturing site in Kristiansand, Norway will enhance the Offshore division?s production and testing capacity MacGREGOR?s Offshore division is expanding its equipment testing capabilities in Kristiansand, Norway, to handle business growth and a large number of active ...
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Evergreen rumoured to order 100 boxships
Unconfirmed reports indicate that Taiwan?s Evergreen Marine has plans to spend $5.5 billion to build 100 container ships before the anticipated recovery of the global economy in 2012. The fleet augmentation will help the world?s fourth largest container shipping line to move to the third slot. In its first major ...
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Croatian shipyard wins tanker order
Loss-making Croatian shipyard 3.Maj has signed a contract for two 51,800 dwt product tankers for $106 million. The state-owned builder will deliver the ships to owner Uljanik Plovidba, also of Croatia, in 2010 and 2011. This makes use of a government scheme whereby the Croatian government subsidises 10% of the ...
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Norway gets first newbuilding contract since November
Fosen Namsos has awarded the first newbuild contract in Norway since November 2008 to Fiskerstrand BLRT. The shipbuilder, which is a subsidiary of the BLRT Grupp, is a joint venture with Fiskerstrand Verft. The contract is for a standard double-ender ferry powered by a gas fuelled propulsion system. The vessel ...
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Eletson enters gas market
The Eletson Corporation enters a new market sector with the delivery of their first ever liquefied petroleum gas (LPG) carrier. Built at Hyundai Mipo Dockyards (HMD) in Korea, the ship marks a milestone for the Greek operator, long recognised by the shipping industry for the ownership and management of tankers ...
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Croatian owner cancels bulk carrier orders
Croatia?s Atlantska Plovidba, the bulk and heavy lift shipping company, has altered several contracts to lower company expenditure during the economic downturn. The Zagreb-listed owner has cancelled two of four Panamax orders for 80,300 dwt vessels from China?s Jiangsu Eastern though two more ships from the contract remain on schedule ...
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STX to sell stakes in STX Europe
It is reported that STX Shipbuilding in South Korea is planning to sell part of its stake in STX Europe in order to recover some of the cost of the takeover. Last year STX Shipbuilding acquired Norwegian group Aker Yards for $1 billion and launched a re-branding process for the ...
