All Motorship articles in Web Issue – Page 844

  • News

    Bangladesh on threshold of export binge

    2008-11-14T00:00:00Z

    Bangladesh claims it is set to be swamped with orders for small ocean-going ships in the coming years as major Asian shipbuilders are now fully booked and are either turning down orders or delaying deliveries, industry people and service providers said.Policy and fiscal supports from the government can help the ...

  • News

    Austal wins JHSV contract

    2008-11-14T00:00:00Z

    Austal USA has won a contract to design and build the US Department of Defence's next generation multi-use platform, the Joint High Speed Vessel (JHSV), as part of a programme potentially worth over $1.6 billion. As the project's prime contractor, Austal will design and construct the first 103-metre JHSV, with ...

  • News

    Volstad orders seismic research vessel

    2008-11-13T00:00:00Z

    Volstad Maritime AS in Aalesund, Norway, has ordered another seismic research vessel based on ST-design. The new vessel is a ST-327L CD with a length of 108 m and a beam of 24 m. This is the third seismic research vessel Skipsteknisk has designed for Volstad Maritime but vessel number ...

  • News

    STX secures tanker order

    2008-11-13T00:00:00Z

    STX Shipbuilding has signed a deal worth 209 billion won ($151 million) to build an oil tanker for a European shipping company. The deal calls on STX Shipbuilding to deliver the VLCC by November 2011. The deal came amid concerns that future orders for new ships would fall sharply due ...

  • News

    Shipbuilders facing uncertain times

    2008-11-13T00:00:00Z

    John Swire & Sons affiliate China Navigation has confirmed it has ?postponed? its first newbuilds for ten years. The six 40,000 dwt multipurpose vessels costing a combined $360m were put on hold as the yard, Nantong Mingde, was five days late in signing the refund guarantee. "The orders are postponed," ...

  • News

    No decision on Hanjin Filipino shipyard

    2008-11-13T00:00:00Z

    Hanjin Heavy Industries has not yet made a final decision on whether to drop its $2billion shipyard project in the southern Philippines. According to a Hanjin spokesman, the project is suspended but nothing has been decided on whether to withdraw or not. A Manila newspaper reported recently that Hanjin was ...

  • News

    Slow steaming to stay says AXSMarine

    2008-11-13T00:00:00Z

    Lower bunker prices are unlikely to reverse the current trend of slow steaming for container lines according to AXSMarine?s weekly analysis of the liner market. Bunker prices have seen a sharp decrease in the past three months, from $650 in end August 2008 to $250 today, thereby eliminating the primary ...

  • News

    Macgregor appoints Greek agent

    2008-11-13T00:00:00Z

    Cargotec?s MacGregor business area has strengthened its position and sales activity-potential in Greece by signing a co-operation agreement with Piraeus-based company Oceanking Technical & Trading Ltd. Oceanking will be the sole representative supporting Macgregor's sales activities for newbuilding projects in Greece. Hans Berg, vice president of common sales for the ...

  • News

    Wadan delivers second Norilsk Nickel vessel

    2008-11-12T00:00:00Z

    Wadan Yards Germany with shipyards in Wismar and Rostock-Warnemünde delivered the second out of four ice-breaking container / cargo ships of the type Aker Arctic CS 650 for arctic operation to the large Russian mining company OJSC "MMC "Norilsk Nickel". Yard number 158 was named 'Zapolyarnyy' and will leave the ...

  • News

    STX willing to offload part of Aker

    2008-11-12T00:00:00Z

    Korean shipbuilder STX has said it would be interested in selling some of its shipbuilding holdings to the Finnish government. According to the chairman of the board of STX Europe, formerly Aker Yards, Su-Jou Kim is proposing a similar arrangement to that carried out in France where the state becomes ...

  • News

    ADBS lands Bahrain landing craft contract

    2008-11-12T00:00:00Z

    Abu Dhabi Ship Building (ADSB), the only dedicated naval shipbuilding and repair facility in the Arabian Gulf, has been awarded a contract by the Bahrain Naval Forces to construct two 42-metre steel landing craft and two 16-metre landing craft made of composite materials. The multi-million dollar contract was won in ...

  • News

    Safedor final conference

    2008-11-11T00:00:00Z

    SAFEDOR is about to complete its four year R&D programme. To mark this event, partners of SAFEDOR will present the latest and overall results of their work at a public conference at the headquarters of the IMO on 27 and 28 April 2009. The event will provide an excellent opportunity ...

  • News

    Lindenau gets lifeline

    2008-11-10T00:00:00Z

    The world?s largest ship finance specialist, Germany?s HSH Nordbank, has thrown compatriot shipyard Lindenau a lifeline. Following Lindenau Schiffswerft & Maschinernfabrik?s insolvency in late September, the bank has provided the yard with a relief loan. The shipyard, which employs 370 regular workers excluding temporary workers, was unable to secure a ...

  • News

    Daewoo to use SPS technology

    2008-11-10T00:00:00Z

    Daewoo Shipbuilding and Marine Engineering (DSME) and Intelligent Engineering (IE) entered into a joint venture agreement for the use of SPS (sandwich plate system) technology in shipbuilding. Although SPS has become widely used in ship repair, this is the first major agreement to be signed for its use in mainstream ...

  • News

    Ship orders crash

    2008-11-10T00:00:00Z

    Global ship orders tumbled 90% last month as the credit crunch damped world trade and made it harder for shipping lines to borrow money, according to Lloyd's Register. Shipowners ordered a total of 37 container ships, tankers and other vessels in October, compared with 378 a year earlier, LR's Chief ...

  • News

    China halts new shipbuilding projects

    2008-11-10T00:00:00Z

    China's shipbuilding industry has been facing tough market conditions in the second half of this year and, to handle the problem, the Ministry of Industry and Information Technology has declared it will no longer approve new shipbuilding projects in principle in the near future.By the end of September, domestic shipyards' ...

  • News

    Primorsk names first ship built to LR's winterisation rules

    2008-11-10T00:00:00Z

    The first vessel built to comprehensive new global standards for ice-class vessels was unveiled when the Primorsk Shipping Corporation (PRISCO) named the Prisco Alexandra, a 51,000 dwt product tanker built in Korea to rules developed by LloydӮs Register. Prisco Alexandra, the first of seven sisterships being built for PRISCO at ...

  • News

    Crane breakdown at Odense shipyard

    2008-11-10T00:00:00Z

    Shortly after 1 pm Sunday afternoon, the large gantry crane at the Odense Steel Shipyard was suddenly and unexpectedly hit by an extreme gust of wind resulting in the crane travelling uncontrolled on its tracks. The operational brakes of the gantry crane were unable to withstand this severe impact and, ...

  • News

    Sealion goes for Wärtsilä package

    2008-11-07T00:00:00Z

    Wärtsilä has received propulsion packages order from Sealion Shipping, the UK-based operator and manager of the Toisa fleet. The units are to be installed in a series of three Multi-Purpose Subsea and ROV Offshore Support Vessels (OSV), to be built at the ABG Shipyard in India. The OSVs will be ...

  • News

    Sanko expands offshore fleet

    2008-11-07T00:00:00Z

    Japan?s Sanko Steamship is starting to expand its offshore vessel business. With a fleet of twelve vessels consisting mainly of AHTS vessels and PSVs, the company will now bring the total number of vessels to 52 with a series of new orders. Sanko based its decision to order newbuildings because ...