All Motorship articles in Web Issue – Page 847
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News
Wilsons confirms Rio Grande shipyard investment
Ocean Wilsons Holdings Ltd. (OWH) reaffirms its growth strategy by investing in the construction of a new shipyard in Rio Grande. The company said Conselho de Autoridade Portuia (CAP), Rio Grande do Sul's port authority council, approved modifications to existing zoning standards of the shipyard, allowing for new shipping construction ...
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Hyundai, Hanwha gear up for Daewoo battle
A two-way competition is poised to heat up between Hyundai Heavy Industries and Hanwha Group for the acquisition of Daewoo Shipbuilding & Marine Engineering Co., with a final winner likely to be selected this week. State-run Korea Development Bank, which is arranging the sale of a controlling stake in Daewoo ...
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Asry eyes major expansion
A "new look" Arab Shipbuilding and Repair Yard Company (Asry) is to undergo a $188 million expansion over the next 30 months. Asry chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa said the expansion would consist of a basic quay wall and an offshore launching pier. "It would also ...
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Joint study on impact of ice on tankers in the Arctic
ABS, ConocoPhillips, Sovcomflot, and Samsung Heavy Industries (SHI) are jointly participating in a pioneering study measuring the effect of ice loads on Arctic class shuttle tanker performance. Owing to the newness of these larger Arctic vessels, even experienced ice navigators can benefit from additional guidance when selecting the desired speed, ...
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EU urges Polish yards to abandon shipbuilding
EU competition chief Neelie Kroes has rejected Polish restructuring proposals for the state-controlled yards of Gdynia and Szczecin and the privatised Gdansk yard, a move which would bankrupt them. Instead, Kroes is proposing a plan that would involve selling off the two state-owned yards' assets and using the proceeds to ...
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GE gas turbines to power LHA 6
GE Marine announced that its LM2500+ marine aero derivative gas turbines have been selected by Northrop Grumman Shipbuilding (NGSB), Pascagoula, Miss., to power the US Navy?s new LHA 6 amphibious assault ship. "The selection of the LM2500+ gas turbines offers propulsion commonality for this first-in-class ship with the U.S. Navy?s ...
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New partnership in liferafts
Two major players in the safety business are joining forces to help customers simplify their life raft compliance issues. Through this agreement with the Survitec Group, Wilhelmsen Ships Service is introducing Unitor-branded life rafts to the maritime market. From October 2008 the Survitec Group will manufacture the ?Unitor? brand life ...
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New Intercargo Secretary General takes up the reins
At the Intercargo Annual Meeting, asociation members endorsed the planned succession of Secretary General from Roger Holt to Rob Lomas with effect from today?s meeting, with Holt staying on for a further year as Consultant Director to promote Intercargo and its Work Programme.Speaking at the meeting, Nicky Pappadakis, Intercargo?s Chairman, ...
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Philly yard reshuffles programme
Norway-listed American Shipping Company (ASC) lacks financing for two out of 12 planned vessels, so it will change the sequence of construction at Aker Philadelphia Shipyard, the companies said.ASC said in a statement on Wednesday it had not been able to arrange financing for two shuttle tankers in the programme, ...
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There is still hope for Polish shipyards
Polish Prime Minister Donald Tusk met with the head of the European Commission Tuesday evening to discuss the future of the Polish shipbuilding industry. The fate of the yards is in the hands of the Commission, if it rejects the restructuring plans the yards will be obliged to pay back ...
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Hamworthy to supply nitrogen generator systems
Hamworthy Moss AS has won a major contract to supply 10 nitrogen generator systems for a series of 47,500 dwt chemical carriers being built for IRISL by Hyundai Mipo Dockyard in Korea. The 10 ships will be delivered between 2010 and 2012. A total value of more than $11 million ...
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Croatia shipyards' privatization to begin
Croatia has decided to call tenders for the privatization of its shipyards, except for Uljanik, in the second half of November, said Minister of economy Damir Polancec. The offering price of the shipyards is set at HRK 1 per share. Employees of the shipyards will be able to buy up ...
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Samsung gets tanker trio
Samsung Heavy Industries has obtained a $250 million order to build three large crude oil carriers from two shippers, including Turkey's Geden. With the new deal, the Korean shipbuilder has racked up a total of $13.9 billion in orders so far this year, reaching 93% of its annual target.
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Siemens to power German frigates
Siemens has received an order worth just under 50 million euros to equip four German navy Class F125 frigates with propulsion equipment and integrated automation and control systems.The customer is AGE F125, a joint ventures of Krupp Marine Systems AG and Fr. Lurssen Werft GmbH & Co. KG. Delivery of ...
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Vinashin export sales more than double
Vietnam Shipbuilding Industry Group (Vinashin) said revenue more than doubled in the first nine months as it sold vessels to the UK, Japan and South Korea. Sales rose to VND19.6 trillion ($1.2 billion), the Hanoi-based state-owned shipbuilding conglomerate said in a statement. Vinashin, which also repairs ships, estimated exports were ...
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Damen design chosen for Ferry Dubai project
The Marine Agency of Dubai's Roads & Transport Authority (RTA) has chosen a Damen Shipyards, Holland, design for the $50 million Ferry Dubai project initially planned to carry three million passengers a year from Dubai Creek to the city's offshore islands such as Nakheel's The World and the Palm Trilogy. ...
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SCI orders boxships from Hyundai
State-run Shipping Corporation of India (SCI)has ordered two 4,400 TEU container ships from Hyundai Samho Heavy Industries. These newbuildings will be the largest container vessels under the Indian Registry. Earlier, SCI received delivery of a 319,000 DWT VLCC from Daewoo Shipbuilding & Marine Engineering and has plans to spend 140 ...
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Wärtsilä propulsion for Wilson bulkers
Wilson Shipowning AS, one of Europe's leading short sea bulk carrier operators, has ordered Wärtsilä propulsion packages for a series of eight 4500 DWT general cargo bulk carriers. The vessels will be built by Shandong Baibuting Shipbuilding Co Ltd, in Qingdao, China. This significant order follows a supply agreement from ...
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Conoship and Algoship form strategic alliance
Conoship International BV, of Groningen, Netherlands, and Algoship Brokers Ltd together with Smart Engineering and Design Solutions Ltd (SEDS), both of Nassau, Bahamas, have agreed a strategic move to promote and support shipbuilding in India and elsewhere through an exclusive partnership arrangement.Algoship Brokers Ltd and SEDS are controlled by Antony ...
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ABS and RS initiate survey training for Arctic LNG carriers
ABS and the Russian Maritime Register of Shipping (RS) have initiated an extensive joint training program covering survey of Arctic LNG carriers for a team of surveyors drawn from both societies. Classroom instruction in early October at the RS training facilities in St Petersburg, Russia, is to be followed by ...
