All Motorship articles in Web Issue – Page 837

  • News

    Armorique joins Brittany Ferries

    2009-01-26T00:00:00Z

    Car-passenger ferry 'Armorique' has been delivered from STX Europe's Helsinki yard in Finland to the French operator Brittany Ferries. The vessel is worth approximately 110 million euro and has given some 700 man-years of work for the yard.The new type of ferry was developed by STX Europe in close cooperation ...

  • News

    Vale signs newbuild contracts

    2009-01-23T00:00:00Z

    Vale, the Brazilian mining giant, signed a contract with three national shipyards for the construction of 15 new tugs, 32 barges and two pushers. With the order, Vale will be investing $171.1 million to help boost the Brazilian marine industry, generating about 2,370 direct and indirect jobs. The tugs will ...

  • News

    Idle boxship fleet growing

    2009-01-23T00:00:00Z

    The number of containerships laid up is growing very fast according to French maritime consultant AXS-Alphaliner. It projects that the volume of containerships on standby will jump to the equivalent of 750,000 teu in early February this year, accounting for 6% of the entire global boxship fleet. Alphaliner estimates that ...

  • News

    'Clipper Panorama' boosts Irish Sea service

    2009-01-23T00:00:00Z

    Clipper Panorama, the second of Seatruck Ferries? eight newbuildings, enters service on the Irish Sea service linking Warrenpoint with Heysham on Sunday, January 25.This new roro freight ferry will join sistership Clipper Point on the Warrenpoint-Heysham route, boosting capacity on this service to around 120,000 freight units annually. During 2008 ...

  • News

    BigLift expands heavy lift fleet

    2009-01-23T00:00:00Z

    Five more heavylift vessels will be added to Amsterdam-based BigLift Shipping. The 17,500 dwt 1A ice-class vessels will each have two 400-tonne cranes and one 120-tonne crane. These "D-4" ships are further developments of the "D-gracht" vessels from BigLift?s parent company, Spliethoff. The newbuildings will have high allowable deck loads ...

  • News

    Hanwha's Daewoo deal turns sour

    2009-01-22T00:00:00Z

    The 6.3 trillion won deal to sell a controlling stake in Daewoo Shipbuilding & Marine Engineering to Hanwha Group collapsed yesterday on differences over payment terms. Korea Development Bank decided to scrap the planned sale after Hanwha insisted on easing of the initial payment schedule. "We came to the judgement ...

  • News

    Davie Yards client loses credit line

    2009-01-22T00:00:00Z

    The Quebec-based shipbuilder Davie Yards Inc has been advised by its largest client, Cecon ASA (Cecon), that it has received a notice of cancellation of its $200 million senior secured credit facility from the participating lenders and DnB NOR Bank ASA as agent. As a result, Cecon has advised that ...

  • News

    China rescues endangered yards

    2009-01-22T00:00:00Z

    Shipbuilding has been identified as one of ten mainstay industries that the Chinese State Council will pump urgent cash into in order to stave off disaster, local media has reported. China has made plain its aims to be the largest shipbuilder by 2015 and has a huge raft of new ...

  • News

    C&Heavy bites the dust

    2009-01-22T00:00:00Z

    It appears there is now no way back for cash strapped C&Heavy Industries, a medium sized Korean shipyard and important part of shipping conglomerate C&Group. The Mokpo-based yard had all credit cancelled this week by the Korea Federation of Banks. C&Heavy Industries, which focused predominantly on 81,000 dwt bulk carriers, ...

  • News

    SCI puts new orders on hold

    2009-01-21T00:00:00Z

    State-run Shipping Corp of India (SCI) has put orders for new vessels on hold till March although its long-term plan to buy 40 vessels by the end of 2011 is still on track according to Chairman and Managing Director S. Hajara. "We have decided not to order till March but ...

  • News

    MISC halves tanker order

    2009-01-21T00:00:00Z

    Malaysia's largest shipping company, MISC Bhd, has halved its orders of chemical tankers to be built by South Korea?s SLS Shipbuilding from eight to four vessels. MISC said the revision was mutually agreed between the company and SLS after amicable negotiations. MISC did not reveal the final contract sum for ...

  • News

    Japan newbuilding export orders plummet

    2009-01-21T00:00:00Z

    Japan received orders for export ships totalling 274,970 cgt in December, down 91.1% from the same month a year ago according to figures released by the Japan Ship Exporters? Association. It is the third consecutive monthly decline in export gross tonnage for Japan. The decline follows export orders that fell ...

  • News

    Jurong completes first Larsen semisub

    2009-01-21T00:00:00Z

    Named Petrorig I, the first unit of a series of four Larsen Oil & Gas ultra-deepwater semi-submersible drilling rigs on order with Sembcorp Marine?s subsidiary Jurong Shipyard in Singapore, has completed its turnkey construction within schedule and is well on track for her maiden assignment in the Gulf of Mexico.The ...

  • News

    New SNAME book

    2009-01-21T00:00:00Z

    The latest research developments covering aspects of ship powering prediction and the performance of ?unconventional propulsors? are highlighted in Marine Powering Prediction And Propulsors, now available from the Society of Naval Architects and Marine Engineers (SNAME). Written by Neil Bose, Professor of Maritime Hydrodynamics and Manager of the Australian Maritime ...

  • News

    Odense shipyard alters course

    2009-01-21T00:00:00Z

    The board of Odense Staalskibsv?rft A/S in Denmark has agreed on a new business model and has confirmed that it will continue building ships at Lind?, but at the same time the board is completely aware that new conditions require new solutions. In the new business model, Lind? is changed ...

  • News

    LR advises on ship recycling

    2009-01-21T00:00:00Z

    Speaking at the Ship Recycling Forum in Dubai yesterday (January 19), Lloyd's Register?s Robin Townsend explained to delegates just how the new standard for ship recycling, ISO 30000, can help meet the challenges facing the ship demolition industry once the new IMO International Convention for the Safe and Environmentally Sound ...

  • News

    UK shipping company put into administration

    2009-01-21T00:00:00Z

    Coastal Bulk Shipping, based in Rochester, UK, has ceased trading at the end of December 2008. The company operated a fleet of 13 vessels (between 1,200 dwt and 2,250 dwt) and employed 90 sea and shore staff. Its ships operated under the British flag. Managing Director Tim Lowry cited problems ...

  • News

    Alang scrapyards booming

    2009-01-19T00:00:00Z

    The global slump in the shipping industry is turning out to be a boon for the ship breaking industry in Alang, according to local industry sources, around 100 ships have been beached for dismantling in the last two months and the trend is likely to continue because of global recession. ...

  • News

    Chouest confirms acquisition of Tampa Shipyard

    2009-01-19T00:00:00Z

    Edison Chouest Offshore has assumed management and operation of its recently acquired Tampa Bay Shipbuilding and Repair, now known as Tampa Ship LLC.yard. The Tampa shipyard is a full service conversion, overhaul and repair facility that was previously owned by a group associated with Mobile, Alabama-based Bender Shipbuilding and Repair. ...

  • News

    Compact device claimed to cut NOx, SOx, PM and CO2

    2009-01-16T00:00:00Z

    Ecospec Global Technology Pte Ltd (Ecospec), a research and technology company specialising in advanced water and oil treatment technologies, has developed a new green technology for the shipping industry which it believes will appeal to both shipowners and regulators and in the process, remove pollutants that contribute to global warming ...