All Motorship articles in Web Issue – Page 853

  • News

    US vessel speed restrictions

    2008-09-04T00:00:00Z

    Vessels could be forced to reduce speeds to 10 knots if a new regulation by the National Oceanic and Atmospheric Administration (NOAA) in the USA gets given the go-ahead. The NOAA Fisheries Service is currently seeking comment on the final Environmental Impact Statement (EIS) for the Ship Strike Reduction Rule ...

  • News

    STX Europe is official

    2008-09-04T00:00:00Z

    Europe's biggest shipbuilder, Aker Yards of Norway, is now officially renamed STX Europe ASA as a result of the takeover by South Korea's STX Shipbuilding. The name change was approved by an extraordinary general meeting of shareholders, which also elected Su-Jou Kim as the new chairman, Aker Yards said in ...

  • News

    Sealink bags barge contracts

    2008-09-04T00:00:00Z

    Sealink International Bhd's unit, Sealink Shipyard Sdn Bhd (SSSB), has secured two contracts worth RM62 million ($18 million) to construct the hulls for two 111-metre accommodation work barges for Singapore-based Swire Pacific Offshore Operations Pte Ltd.The construction of the hulls will take place at the SSSB shipyard in Miri, Malaysia, ...

  • News

    QinetiQ awarded MoD maritime contract

    2008-09-04T00:00:00Z

    The UK Defence-technology group QinetiQ has won a £150m contract from the Ministry of Defence (MoD) to provide testing and design services for ships, submarines, and other maritime equipment.The 15-year contract, called the Maritime Strategic Capabilities Agreement (MSCA), gives the MoD and other government operations access to QinetiQ's facilities and ...

  • News

    Wärtsilä acquires Navelec

    2008-09-04T00:00:00Z

    Wärtsilä has acquired Navelec SAS, a French company specializing in marine navigation and communication systems, electrical marine services, and control and automation services. Navelec's main office is located in Le Havre, France, with branch offices in St. Nazaire and Brest. "Through this acquisition, Wärtsilä is able to broaden its service ...

  • News

    Hanjin Philippines launches second newbuilding

    2008-09-03T00:00:00Z

    South Korean shipbuilder Hanjin Heavy Industries Corp.-Philippines in Subic Bay, has recently completed its second container ship, named CMA CGM Turquoise, with a market value of over $60 million. Hanjin completed the ship just over a month after delivering its first order, the Argolikos, to its Greek owner. The new ...

  • News

    Macduff gets new slipway

    2008-09-03T00:00:00Z

    The new £3.9 million slipway unveiled recently at Macduff Harbour in Scotland will safeguard jobs and reverse the decline in the harbour's fortunes. Located at the Macduff shipyard, the new fully-automated facilities will mean improved safety, larger boat capacity, more working space and faster throughput. The previous system, which had ...

  • News

    K" Line orders more bulkers from China

    2008-09-03T00:00:00Z

    Kawasaki Kisen Kaisha ("K" Line) in Japan has ordered three 176,000 dwt Capesize bulk carriers from Shanghai Waigaoqiao Shipbuilding (SWS) for delivery in 2012. "K" Line's goal is to have 100 Capesize vessels in its fleet come fiscal 2013. The firm took delivery of its first SWS Capesize bulker in ...

  • News

    DSME bidding hotting up

    2008-09-03T00:00:00Z

    Hyundai Heavy Industries Co., the world's largest shipbuilder, is reportedly ready to spend as much as 8.5 trillion won ($7.54 billion) to take over Daewoo Shipbuilding & Marine Engineering Co (DSME). Last week, Hyundai Heavy, POSCO, GS Group and Hanwha Group submitted letters of intent for the acquisition of the ...

  • News

    Japan's shipping targets offshore market

    2008-09-02T00:00:00Z

    The Japanese are targeting offshore as a major future source of revenue. Nippon Yusen Kaisha has just announced the establishment of an Offshore Business Group under its Bulk Energy Transport division, starting 1 October. FPSOs, FSOs and FSRUs will all be targeted under this new group in addition to anchor ...

  • News

    Croatian yards to be privatized

    2008-09-02T00:00:00Z

    Six government-owned shipyards will be sold in Croatia before 2009. The yards in question are Brodosplit in Split, Brodotrogir in Trogir, Kraljevica in Kraljevica, Maj in Rijeka, Uljanik in Pula and Viktor Lenac in Martinscica, near Rijeka. A draft of a tender for the yards was drawn up by the ...

  • News

    CIMC picks up one third of Yantai

    2008-09-02T00:00:00Z

    China International Marine Containers (CIMC) is picking up close to one third (29.9 %) of Yantai Raffles Shipyard Ltd. for $327 million, lower than the previously announced 566 million in March 2008. Yantai's Chairman Brian Chang agreed to lower the sale price from $6.92 to $4.00 a share in an ...

  • News

    Japan names bulker 'Ship of the Year'

    2008-09-02T00:00:00Z

    MOL-operated iron ore carrier Brasil Maru has been selected as the Ship of The Year for 2007 by Japan Society of Naval Architects and Ocean Engineers. The selection committee noted that the Brasil Maru is a pioneering vessel in reducing iron ore transport cost which will have a great effect ...

  • News

    Lind? puts Loksa yard up for sale

    2008-09-01T00:00:00Z

    As part of the ongoing efficiency drive, Odense Steel Shipyard Ltd. A/S (Lind?)in Denmark has put Loksa Shipyard Ltd. in Estonia up for sale. Loksa Shipyard became part of the Odense Steel Shipyard Group in 1994 and is now one of the world?s leading manufacturers of hatch covers. In addition, ...

  • News

    Latest LCTC joins WWL

    2008-09-01T00:00:00Z

    The world's largest and most environmentally adapted car and truck carrying ship, Aniara, was named today in Bremerhaven, Germany. Built at the Daewoo Shipbuilding and Marine Engineering yard in Korea, the 71,673 grt newbuilding is the 4th large car and truck carrier ship in a series of 11 LCTC vessels ...

  • News

    New Caledonia ferry launched

    2008-09-01T00:00:00Z

    The FBMA Marine Inc. shipyard in Balamban, Cebu, Philippines, recently launched a 57-metre car and passenger high-speed vessel ordered by the government of New Caledonia, a French territory. President Neko Hnepeune of the Loyalty Islands Province government and President Philippe Gomes of the Southern Province government, the two provinces of ...

  • News

    Hanjin Heavy secures order for two bulkers

    2008-09-01T00:00:00Z

    Hanjin Heavy Industries has won a 215 billion won ($200 million) order to build two bulk carriers. The deal with a European shipping company calls for Hanjin Heavy to deliver the vessels by February 2011.

  • News

    STX wins two bulk carriers

    2008-09-01T00:00:00Z

    STX Shipbuilding has won a 129-billion-won ($120 million) deal to build two bulk carriers for an undisclosed European shipping company. Delivery of both vessels is slated by October, 2011.

  • News

    AVAS approves German company

    2008-09-01T00:00:00Z

    The Authority for State Assets Recovery (AVAS) in Romania agreed to the association of the Mangalia Shipyard with German company Lurssen Lar Investment. The association is the last stage provided by the 'restructuring programme' approved by AVAS for the Mangalia Shipyard. According to the authority, this programme was necessary in ...

  • News

    STX wins Maersk VLCC quartet

    2008-08-29T00:00:00Z

    Danish shipping and oil group A.P. Moller-Maersk has placed an order for four VLCCs with South Korea's STX Shipbuilding. The contract includes an option for two more ships.