All Motorship articles in Web Issue – Page 877

  • News

    Daewoo sees lower LNGC demand

    2008-03-13T00:00:00Z

    Daewoo Shipbuilding and Marine Engineering (DSME) expects demand for LNG carriers to slow this year because of delays in LNG projects. Daewoo may get orders for between 10 and 15 LNG carriers in 2008, Park Jae Sung, manager of the company's gas-carrier marketing team, said at the Gastech conference in ...

  • News

    Late delivery costs Halifax second order

    2008-03-13T00:00:00Z

    The late delivery of a new cruise ship under construction for an American owner at the Irving-owned Halifax Shipyard in Canada has caused the cancellation of a summer sailing schedule and led to a decision not to have a second ship built in Halifax.Charles Robertson, president of Pearl Seas Cruises ...

  • News

    Vietnam in top five world ranking

    2008-03-12T00:00:00Z

    Vietnam has been listed as one of the top five shipbuilders in the world by Fairplay magazine. Vietnam Shipbuilding Industry Group (Vinashin) President Pham Thanh Binh said the country's shipbuilding sector is on track to becoming the fourth largest in the world by 2015.He said the industry has never had ...

  • News

    DSME wins container ship deal

    2008-03-12T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSME) has won a deal worth $602 million to build eight container ships. The deal with a European shipping company calls on Daewoo to deliver the vessels by January 2011.The shipyard has clinched deals valued at $1.9 billion to build 15 ships so far this ...

  • News

    NYK and UK Club get together over stowaways

    2008-03-12T00:00:00Z

    A 100% increase in the cost of stowaway incidents in the past ten years means that stowaways cost the international shipping industry more than $20 million per year. The trend has prompted the world?s largest ship operator, NYK of Japan, and the largest protection & indemnity insurer, the UK P&I ...

  • News

    Vietnam building largest boxships to date

    2008-03-12T00:00:00Z

    Six container vessels are being built with Germanischer Lloyd (GL) class at Ha Long Shipyard and Bach Dang Shipyard. The contract signings for three 1,730 TEU and two 1,800 TEU container vessels from Halong Shipyard and one 1,730 TEU containervessel from Bach Dang Shipyard have been celebrated at VietShip. It ...

  • News

    ABS, Polish Register sign cooperative agreement

    2008-03-12T00:00:00Z

    Christopher J. Wiernicki, President and Chief Operating Officer of ABS and Dr. Jan Jankowski, President of the Board, Polish Register of Shipping (Polski Rejestr Statkow) have signed a wide-ranging cooperative agreement that will see the two class societies offering dual class services and exploring other areas of mutual interest. It ...

  • News

    Aker?s unique solution wins DOF contract

    2008-03-11T00:00:00Z

    Aker Yards has been awarded a contract with DOF ASA to build an innovative LNG-powered platform supply vessel. The vessel will be designed and equipped with the newest and most innovative environmentally friendly equipment and solutions and, after delivery from Aker Yards in Norway in 2010, the newbuilding will operate ...

  • News

    DSME keeps inter-Korean project afloat

    2008-03-11T00:00:00Z

    Daewoo Shipbuilding and Marine Engineering (DSME) contacted with North Korean officials last week in a bid to keep a joint shipyard construction project afloat amid stalled government-level efforts. According to the Unification Ministry, DSME had working-level consultations with North Korean officials to conduct a geological survey in Anbyeon, one of ...

  • News

    Steelmaker ups stake in shipyard

    2008-03-08T00:00:00Z

    JFE Holdings Inc, the world's third-biggest steelmaker, will spend 30-40 billion yen ($289-$385 million) to take control of a shipbuilding joint venture according to reports in the Nikkei business daily.The move, which will lift JFE's stake in the venture with Hitachi Zosen Corp to 85%, up from 50%, paves the ...

  • News

    TKMS restructures shipyards

    2008-03-08T00:00:00Z

    ThyssenKrupp Marine Systems AG (TKMS), headquartered in Hamburg, will restructure as of 1 April. The board recently decided that the naval shipbuilding and merchant shipbuilding sectors of Blohm + Voss GmbH are to be divided into two legally separate, autonomous companies. From April 2008, the naval sectors of Blohm ...

  • News

    Hyundai bags deals for bulkers

    2008-03-08T00:00:00Z

    Hyundai Heavy Industries (HHI) has clinched two contracts to build a total of twelve bulk carriers. The first deal, valued at 758 billion won ($792 million), is for eight bulk carriers ordered by a Liberian shipping company for delivery by July, 2010.The second contract was placed with Hyundai Mipo Dockyard ...

  • News

    ADSB wins contract for coast guard vessels

    2008-03-08T00:00:00Z

    Abu Dhabi Ship Building (ADSB), the Persian Gulf's only specialised naval warship builder, has been awarded the Al Saber project, a multimillion dollar contract to build 12 patrol boats for the UAE Coast Guard.The 34-metre boats, constructed in composite materials, will have a ?mother-daughter? design. The ?mother? vessel will have ...

  • News

    Tuzla?s shipyards threatened with closure

    2008-03-06T00:00:00Z

    All the shipyards in Istanbul's Tuzla district will be closed down if they do not implement regulations to prevent further worker deaths according to a local source. The success of shipyards should be with respect to human lives, labour minister Faruk Celik said, otherwise, regardless of the success it means ...

  • News

    CMA CGM confirms con-ros

    2008-03-06T00:00:00Z

    The French giant shipping company CMA CGM has ordered four new CON RO vessels from South Korea's Hyundai Mipo for delivery in the second half of 2011. The new vessels will be dedicated to container, conventional and car transport and offer a 600-unit car capacity and a nominal capacity equivalent ...

  • News

    ASRY Offshore Services.

    2008-03-06T00:00:00Z

    The Arab Ship Building and Repair Yard (ASRY)in Bahrain has formed a new operating company to be called ASRY Offshore Services, (AOS). ASRY has over recent years seen a rapid growth in the offshore markets in the AG region and based on its own track record and expertise in the ...

  • News

    Aegean exercises four options

    2008-03-06T00:00:00Z

    The Greek bunkering company Aegean Marine Petroleum Network Inc. has exercised its options with Qingdao Hyundai Shipyard, China, to purchase four new 5,500 DWT double- hull bunkering tankers. The newbuildings are expected to be delivered between December 2009 and March 2010.E. Nikolas Tavlarios, President, commented, "Management's strategic decision to exercise ...

  • News

    BIW building DDG 1000 lead ship

    2008-03-06T00:00:00Z

    The U.S. Navy has awarded Bath Iron Works (BIW), a subsidiary of General Dynamics (NYSE: GD), a $1.4 billion contract to build ZUMWALT (DDG 1000). The ship is scheduled to be delivered to the Navy in 2014. The ZUMWALT class of ships represents the Navy?s next generation of multi-mission surface ...

  • News

    Teesside shipyard re-opens

    2008-03-05T00:00:00Z

    A £300 million contract awarded to Tees Alliance Group promises to bring a new lease of life to the Haverton Hill shipyard near Billingham, Teesside in England and will create up to 800 skilled jobs. The first steel cutting got under way to build two state of the art drilling ...

  • News

    GPA to design WSF ferries

    2008-03-05T00:00:00Z

    Seattle-based naval architect firm Guido Perla & Associates (GPA) has signed a contract with Todd Pacific Shipyards Corporation to provide the design of a new 144 car ferry ordered by Washington State Ferries (WSF). Todd Pacific Shipyard, in conjunction with its major subcontractor J.M. Martinac Shipbuilding Corporation, will be building ...