All Motorship articles in Web Issue – Page 856
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News
STX bags SCI bulker order
Shipping Corporation of India signed a contract with STX shipyard this morning for the construction of four 80,655 dwt Kamsarmax bulk carriers. The vessels, costing $59.55m each, are due for delivery in 2012 and bring the SCI orderbook to 32 vessels of 2.7m gt, worth a estimated $1.8bn comprising two ...
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Two more Musica class for Aker
Aker Yards and MSC Cruises have signed a contract, subject to financing, for building a further two cruise ships of 89,000 gt Musica-class. The vessels will be built at Aker Yards, Saint-Nazaire and delivered in February 2011 and February 2012 respectively. These will be the fifth and sixth in the ...
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Daewoo in VLCC quartet deal
The Kuwait Oil Tanker Company (KOTC) has signed a letter of intent with Daewoo Engineering & Construction to build four VLCCs for $700 million. The final contract will be signed on 21 August and delivery is scheduled for end 2011 as part of a fleet renewal plan. KOTC will also ...
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Keppel to build seventh ENSCO semi
Keppel FELS in Singapore has won the contract to build the seventh ENSCO 8500 series deepwater semisubmersible (semi) worth $560 million including equipment specified by the owner. To be delivered in the second half of 2012, the ENSCO 8506 will be the seventh consecutive semi that Keppel FELS is constructing ...
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Another blow for Sevmash
The construction of the world?s first floating nuclear power plant at Sevmash shipyard in Severodvinsk will now be moved to Baltiysky shipyard in St. Petersburg. Officially, the contract with Sevmash is cancelled because the shipyard is inundated with military orders from the navy according to Russian nuclear state company, Rosatom.Several ...
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Another construction vessel for Coastline Maritime
Singapore-based Coastline Maritime will invest in a new multipurpose construction vessel which is likely to be constructed at Drydocks World Singapore's shipyard in Batam, Indonesia.Coastline has procured part of the required equipment for the newbuild vessel for which construction is expected to begin in the first quarter of next year ...
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JFE and IHI in merger talks
JFE Holdings Inc. and IHI Corp. are in talks to create Japan's biggest shipbuilding company to compete against South Korean and Chinese yards. "We're in discussions with JFE about shipbuilding operations,'' said Keiichi Sakamoto, a Tokyo-based IHI spokesman. "Details have yet to be decided." JFE, Japan's second-biggest steelmaker, declined to ...
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Tognum invests heavily in production
The Friedrichshafen-based Tognum Group continues its expansion trend. The company decided to invest an additional ?75 million in capacity expansion in the production of MTU engines, L?Orange high performance injection systems, as well as the extension of the MTU Onsite Energy power generation systems during the current and the coming ...
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Oceania names first newbuilding
Work has started on the first of two 65,000 gt Oceania class newbuildings of the Florida based upper premium operator Oceania Cruises at Fincantieri's Sestri Ponente Shipyard in Genoa, Italy. During the ceremony of the first steel cutting, Frank Del Rio, Chairman of Prestige Cruise Holdings, Oceania Cruises' parent company, ...
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Malta invites offers for its shipyards
Malta?s privatisation unit is offering the shipyards on a 30 year lease and the call for expressions of interest does not specifically limit the use of the assets to shiprepair. It does include a few clauses that would indicate that the ?yards should remain active in their current role. For ...
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Aker bows to STX bid
Aker Yards shipbuilding said last Friday that a $1.3-billion bid by STX of South Korea underrated the company's potential, but advised shareholders to accept against a background of weak results.The group reported a temporary slowdown of cruise-liner construction and downgraded its profit margins for the full year. And it said ...
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Tognum and Hug set up exhaust after treatment JV
The Tognum Group in Germany and the Swiss company Hug Engineering AG have agreed on a joint venture for cooperation in the field of exhaust after treatment. The new company will be established on October 1, with its headquarters in Switzerland. Specialists from both companies will be cooperating to ensure ...
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MISC orders product tankers from Korea
MISC Bhd in Malaysia has ordered eight new 45,000 dwt chemical/product oil tankers worth a total of $430 million from South Korean shipbuilder SLS Shipbuilding Co Ltd. The first three units will be delivered in 2009 and the remaining five will be delivered in 2010."This is aimed at expanding MISC's ...
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P&O Ferries orders two giants
P&O Ferries has signed a ?360m contract with Aker Yards for the two largest ferries ever to be constructed for the Dover-Calais service. The first of these ships will enter service in December 2010 and the second in September 2011, replacing the 'Pride of Dover' and the 'Pride of Calais'. ...
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Fairplay and Multraship join forces
Dutch towage and salvage specialist Multraship and Hamburg-basedFairplay Towage have joined forces to create a platform for expansion.Under the agreement Fairplay BV, the Dutch arm of the Fairplay group,will take a 50 % shareholding in Muller Maritime Holding, theholding company for Multraship. The two companies joined forces in orderto strengthen ...
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Daewoo wins US contracts
Daewoo Shipbuilding & Marine Engineering in Korea has won $1.46 billion (HK$11.38 billion) contracts from two US customers. DSME received an order to build a semi-submersible drilling rig from an unidentified US customer for $700 million with an option for a second unit, and a contract for a drill ship ...
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Invitation to break with maritime traditions
Dutch shipping companies Wagenborg Shipping, Flinter Management and Amasus Shipping will investigate the social, legal and technical possibilities of shore support for short sea ships. This will improve ships? safety and stimulate flexible manning opportunities. International parties are invited to take part in this unique initiative.When a ship leaves a ...
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Oman seeks $4bn for shipping expansion
Oman's state shipping firm aims to raise $4 billion by year-end to finance its proposed fleet expansion programme. This money will finance the existing vessels already on order and the purchase of more ships. Oman Shipping Company (OSC) is looking to grow its fleet to meet demand for energy transportation ...
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Chamber of Shipping considers options for reducing CO2 emissions
The Chamber of Shipping (CoS) hosted a meeting of its members to consider the merits of market-based instruments which could help shipping reduce its carbon emissions. The CoS has endorsed the need for action by all parties, Government and industry, to achieve a positive outcome to the current discussions within ...
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Major order for Wärtsilä-Hyundai JV
Wärtsilä-Hyundai Engine Company Ltd., the new joint venture between Wärtsilä and Hyundai Heavy Industries in South Korea, has received a major order. The order calls for a total of 16 Wärtsilä 50DF engines for four ships to be built by Samsung Heavy Industries. The contract also includes an option of ...
