All Motorship articles in Web Issue – Page 871
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News
PDVSA takes over local shipyard
Petroleos de Venezuela SA (PDVSA), the state energy company, took over the government-owned shipbuilder Diques y Astilleros Nacionales CA as part of a plan for Venezuela to build its own oil tankers and offshore rigs. The shipbuilder, which was previously under control of Venezuela's defense ministry, was transferred to the ...
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Napoli incident deemed not a major industry problem
The investigation into the loss of the 4,419 TEU container ship ?MSC Napoli?, which suffered a catastrophic fracture in her hull on 18 January 2007 and had to be beached in Branscombe Bay on the South west coast of England, has identified a number of factors which contributed to the ...
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Evergreen cancels China shipyard JV
Taiwan's Evergreen Marine chairman Arnold Wang has confirmed that his company has pulled out of a joint venture with the Chinese government to build a shipyard at Quanzhou in Fujian province. The investment in the project, announced last August, had been cancelled for commercial reasons. The proposed yard, with a ...
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Russia to build tankers for Panama
Russia's Krasnoye Sormovo shipyard based in Nizhny Novgorod on the Volga River (MNP Group) has received an order for three 5,600 DWT tankers from the Panamanian shipping company Argo Shipping International. The shipyard will deliver the first tanker by late 2009, the second tanker in the summer of 2010 and ...
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GOGL declares Kamsarmax options
Golden Ocean Group Limited (GOGL) has declared the options to purchase two Kamsarmax vessels at Zhoushan Jinhaiwan Shipyard (Jinhaiwan) in China. The 80,000 DWT vessels will be delivered during 2011 and are ?sister vessels? of the series ordered in October 2007. The delivered cost for the vessels is estimated to ...
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Goldman Sachs to manage Daewoo sale
The state-run Korea Development Bank (KDB) said that Goldman Sachs was chosen to manage the sale of Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipbuilder. The KDB and state-run Korea Asset Management Corp., which hold a combined 50.37% of the shipyard, are seeking to sell their stakes in the ...
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Austal secures order for fast patrol craft
Following the recent completion of Australia?s 14-vessel Armidale class patrol boat fleet, Austal has won a contract to build six 30 metre aluminium fast patrol craft for the Government of the Republic of Trinidad and Tobago. This significant order includes additional contracts for scheduled & unscheduled maintenance and crew training ...
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Aker delivers Viking XPRS
Aker Yards recently delivered a 34,000 gt fast passenger-car ferry named 'Viking XPRS' for Viking Line at a cost of EUR 130 million. The Turku yard built the steel sections which were shipped to Helsinki for assembly and outfitting. The environmentally friendly fast ferry designed to carry passengers and cars ...
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Keel laying at Aker Yards
The keel of a big cruise ferry was laid in Aker Yards, Rauma on 22 April, 2008. The vessel, built under working name ?Cruise 5?will be delivered to Tallink in spring 2009.The vessel worth approx. 180 million euro means 1,700 man years of work for the yard.The newbuilding will be ...
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Golar to provide Dubai with FSRU
Norwegian gas shipper Golar LNG has won a contract worth about $450 million to provide a floating gas storage and regasification unit to Dubai on a 10-year charter. The contract with Dubai Supply Authority includes options to extend for up to a further five years, Golar LNG said. The contract ...
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News
Ezra takes delivery of Lewek Trogon
Singapore-based Ezra Holdings has taken delivery of an 18,000 bhp anchor handling tug supply (AHTS) vessel ?Lewek Trogon? from Drydocks World Singapore. The newbuild AHTS is equipped with Rolls Royce engines and dynamic positioning capabilities. Construction on the vessel took place at the previous Pan-United shipyard which was acquired by ...
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Labour costs rising in Korean yards
Employees at Korea's top three shipbuilding companies receive an annual salary of almost 70 million won according to recent data. Annual salary for workers at Samsung Heavy Industries, Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering went up by an average of 20% from last year, set to exceed ...
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Concerns over falling shipbuilding standards
Executives from leading shipping companies, class societies and shipyards are alarmed by falling construction standards in the rush to meet a record demand for new ships. "We have to do something now before it is too late," said George Sarris, managing director of Enterprises Shipping & Trading, manager of one ...
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Hyundai to build Korean-designed LNG carrier
Min Keh-sik, vice chairman of Hyundai Heavy Industries, recently said that Russia plans to purchase an LNG ship built with Korean design technology. Although Korea dominates global LNG carrier orders, it has been dependent on foreign companies that own the core technology for the containment systems for LNG. Korean shipbuilders ...
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Canadian warships to get upgrades on both coasts
Two multi-year contracts, worth $760 million in total, to upgrade Canada?s 12 Halifax-class frigates are expected to be announced today at Victoria and Halifax shipyards.Victoria Shipyards, owned by Washington Marine Group, will be refitting Canada?s five west coast-based frigates, and Irving Shipbuilding Inc?s Halifax shipyard will work on the seven ...
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Jascon 25 undergoes outfitting in Singapore
Sea Trucks' new pipelay/hook-up vessel ?Jascon 25? is undergoing final construction at Kim Heng Marine's shipyard in Singapore. The yard is contracted to build the deck of the pipelayer, while the hull was completed by Nantong Tongde shipyard in China. Jascon 25 is now expected to be delivered to Sea ...
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Repeat order for VOSTA LMG
A few months ago VOSTA LMG was awarded a contract for the delivery of three hopper barges for dredging and marine contractor Van Oord in the Netherlands. During the execution of this order VOSTA LMG received a repeat order for another three 10.000 m3 hopper barges for Van Oord. Just ...
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MSC denies DSME link
MSC Cruises has denied rumours that it is actively helping South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) break into the cruise ship construction business. This follows reports in the Italian press that MCS is looking at options to counter an emerging alliance between Aker Yards and Fincantieri which ...
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CSSC to build China's largest shipyard
China State Shipbuilding Corporation (CSSC) is looking for a site for its south China shipbuilding base, which could become China's largest shipyard when completed. A CSSC field study group has been scouting Guangdong's coastal areas for initial selection of an appropriate site. Jieyang city, with 82 km of coastline, has ...
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Vinashin reports strong growth
The Viet Nam Shipbuilding Industry Group (Vinashin) has earned a revenue of VND5.1 trillion ($318.7 million) in the first quarter of the year, an increase of 108% year-on-year.The nation?s largest shipbuilder attributed the business success to its strategy of progressive re-investment which helped to enhance its production capacity.In the first ...
