All Motorship articles in Web Issue – Page 846
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News
Wärtsilä powers world's largest ore carriers
Wärtsilä engines will power the world's largest ore carriers, 12 of which have been contracted by a Brazilian shipowner. This is the biggest order for Wärtsilä RT-flex82T low-speed engines, which is one of four new engine types introduced by Wartsila, all of 820 mm cylinder bore. It combines the benefits ...
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China unveils world?s first VLCC built to CSR
Tanker shipping entered a new era of robust vessel construction recently when Shanghai Waigaoqiao Shipyard (SWS) delivered to Singapore?s Ocean Tankers (Pte) Ltd the first VLCC built to Common Structural Rules (CSR).Weighing in at 318,000 dwt, the 333 metre long and 60 metre wide Hua San, the first of 11 ...
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Fincantieri to build fleet tanker for Indian navy
Fincantieri has won an order to build a fleet tanker for the Indian Navy against strong competition from leading international players, especially from Russia and Korea. The vessel, which will be built at the shipyards in Liguria, is scheduled for delivery at the end of 2010 and will be 175 ...
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Polish shipyard workers protest in Brussels
Some 300 workers from the ailing Polish shipyards have been protesting in Brussels, demanding their jobs be saved. The European Commission is closely involved in the future of the Gdynia and Szczecin shipyards, both heavily in debt and reeling from the impact of EU competition rules.Last week, Poland said that ...
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Anglo-Italian alliance formed for RFA contract
At the opening day of the Euronaval Exhibition in Paris a major Alliance was announced between Italian shipbuilder Fincantieri and UK shiprepair, conversion and military support specialist NSL. Fincantieri is forming a major European Alliance with the British shipyard, Northwestern Shiprepairers and Shipbuilders Ltd (NSL) which is based in the ...
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DD Docks expands in India
Dubai Dry Docks Limited has bagged the project, for a ship yard along with a drydock in a 400-acre site adjoining the fishing harbour in Kakinada, Special Secretary to Andhra Pradesh government, Infrastructure and Investments and Ports K V Brahmananda Reddy said. He said an MoU in this regard would ...
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Ships created in Kochi set to sail soon
Ships designed in Kochi, India, will soon sail the world?s oceans with the Cochin Special Economic Zone (CSEZ)-based centre of the Bahamas-based Smart Engineering and Design Solutions Limited (SEDS) completing the first of its designs, now undergoing tests in Europe.The SEDS unit started functioning in the Cochin Special Economic Zone ...
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IMO to address ship recycling
Ship Recycling, a challenging aspect on the conscience of shipping, is finally being addressed by the Marine Environment Protection Committee (MEPC). The MEPC convened its 58th meeting and, amongst others, approved the final draft of the Convention on Safe and Environmentally Sound Recycling of Ships, to be considered for final ...
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Malta extends shipyard deadline
The government of Malta is to extend its call for expressions of interest in the privatisation of Malta Shipyards by a week, until 3 November. The call is being extended in view of the changed circumstances brought about by the strong response to the early retirement schemes offered to the ...
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Vietnam wins export contracts
Nha Trang Shipyard of Vietnam Shipbuilding Industry Corporation (VINASHIN) has won two contracts to build four new cargo ships for companies in Norway and Laos. The contracts with Laos LS Tourism and Transport Company is worth $63 million for two ships of 20,000 and 22,500 DWT. The smaller of the ...
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New Chinese yard quits shipbuilding
A new private Chinese shipbuilder, Jiangsu Xiangshui Suncia Shipbuilding Industry, has confirmed it has exited the newbuild sector having failed to secure refund. The yard which was founded last year aimed to build private yachts as well as handysize and handymaxes and had German KG Konig and Cie on its ...
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Keppel mulls growth opportunities in Brazil
Singapore-based Keppel Offshore & Marine (Keppel O&M) is looking at options to expand its operations in Brazil to benefit from an expanded rig demand in the country over the next few years.The country's state-owned oil and gas company Petrobras has indicated plans to tender for the construction of 28 deepwater ...
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Hanwha wins Daewoo bid
Hanwha Group was chosen by South Korea's state-run Korea Development Bank (KDB) as the preferred bidder for a controlling stake in Daewoo Shipbuilding & Marine Engineering. Chung In-Sung, deputy governor of the KDB, said "Hanwha was found to best fit our criteria of selection, including bid price, management ability and ...
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DDW to take stake in Chinese shipyard
Dubai Drydocks World (DDW), the ship repair, conversion and building subsidiary of Dubai World, has agreed to acquire a 60% stake in a Chinese shipyard for $55 million. The acquisition will be a joint venture with Singapore-based Topniche Associates owning the remaining 40% of the shipyard, which is located in ...
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Havyard Solstrand bankrupt
Havyard Solstrand shipyard in Norway has filed for bankruptcy after the banks removed their funding. The yard, which is owned 80% by the Havyard Group is fighting for its long term future because contract prices for the offshore vessels it is currently building are lower than the production costs and ...
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Appledore Shipyard workers take industrial action
Trade union members at Appledore Shipyard in the UK say they want the same money as workers at other Babcock International-owned yards involved in Britain's new aircraft carriers. The Appledore yard is earmarked to help build hull sections for two of the UK's next generation of aircraft carriers and the ...
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C&H in financial peril
The South Korean yard of C& Heavy Industries (C&HI) was in dire trouble prior to the current global financial turmoil and is now struggling to offload assets to appease debtors. No one bid for its second shipyard on Koje Island in a public tender that ended last week, the group ...
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Posco eligible for possible new Daewoo bid
South Korea's steelmaker POSCO may be able to join a fresh bidding for Daewoo Shipbuilding & Marine Engineering if a prime bidder is not chosen later this week, the chief of Korea Development Bank (KDB) said. Two local companies, Hyundai Heavy Industries and Hanwha Group, have made bids for a ...
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DW to open new Batam facility
Drydocks World, a unit of Dubai World, will develop a $300 million marine services centre on Indonesia's Batam Island as the company expands its ship repair and fabrication business in Southeast Asia. Chief executive officer Geoff Taylor said DW will hold an 80% stake in the project in which Dubai-based ...
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Shipbuilding under pressure
According to Bao Zhangjing, chief researcher from China Ship Marketing Research Centre, "Against the background of global economy recession, cancellation of new ships has already aroused serious attention from shipbuilding industry all over the world." Clarkson Research Studies show that global orders for 94 new ships were cancelled during January ...
