All Motorship articles in Web Issue – Page 880

  • News

    Aker to build Arctic boxships

    2008-02-20T00:00:00Z

    Aker Yards has been awarded a contract by Royal Arctic Line A/S in Nuuk (Greenland) to build two ice-strengthened container ships for arctic operation. The contract confirms Aker Yards' position as the global leader within specialized container ships and of vessels designed to operate in the growing market for ship ...

  • News

    Thailand aims to develop shipbuilding industry

    2008-02-20T00:00:00Z

    The state and private sectors have joined to coordinate their efforts to upgrade Thailand's shipbuilding industry with an aim to make the country become ASEAN's shipbuilding and repair center. Atchaka Sribunruang Brimble, director-general of the Industrial Economics Office (IEO), said the agency had signed a cooperation agreement with a private-sector ...

  • News

    Russian yard to expand

    2008-02-19T00:00:00Z

    The Russian bank Vnesheconombank will be financing the construction of an 18 billion-ruble ($733 million) shipbuilding complex in St. Petersburg owned by billionaire Sergei Pugachyov.The state-owned bank signed an agreement last week with Alexander Gnusarev, chairman of Pugachyov?s United Industrial Corp. (OPK), for the funding of the project which will ...

  • News

    Odfjell contracts newbuildings in China

    2008-02-19T00:00:00Z

    Norwegian shipowner Odfjell has signed agreements with the Chuan Dong Shipyard in China to build a series of six plus four optional 9,000 dwt stainless steel chemical tankers at a total price for the first six vessels of $180 million. Delivery is scheduled in 2010-2012 and these newbuildings will operate ...

  • News

    Aker denies Genesis delays

    2008-02-19T00:00:00Z

    Aker Yards ASA has dismissed a Finnish media report claiming the construction of the world's two largest cruise ships is in danger of falling behind schedule. An Aker Yards' spokeswoman said the Turku yard in Finland is still on course to have the Genesis I ready by Autumn 2009 and ...

  • News

    NGV Tech winning orders for expanded shipyard

    2008-02-18T00:00:00Z

    Malaysian shipbuilder NGV Tech Sdn Bhd is lining up a string of newbuild contracts for its newly expanded shipyard in Sijangkang, Malaysia. In 2005, the Malaysian shipbuilder expanded the yard to step up its newbuild programme in support of the booming oil and gas sector. The yard is now capable ...

  • News

    HK yards need mainland Chinese workers

    2008-02-18T00:00:00Z

    Hong Kong?s two ship repair yards, HUD and Yiu Lian, are reporting unheard of 90% dock occupancy for the past 18 months. Yet, if this important sector is to continue then the Hong Kong government must rescind old immigration rules and allow mainland Chinese skilled labourers to work at the ...

  • News

    BAE bids for RFA tankers

    2008-02-18T00:00:00Z

    Work on a new order for the Royal Fleet Auxiliary could be coming to the Clyde, it emerged today. A consortium led by BAE Systems has declared it wants to design and build up to six tankers for the Ministry of Defence. If its bid is successful the contract could ...

  • News

    L&T angling for Dutch shipbuilding contract

    2008-02-18T00:00:00Z

    India?s biggest engineering and construction firm, Larsen and Toubro Ltd, is in talks with a Dutch shipowner for a new building contract valued at more than $100 million (Rs397 crore). "Yes, L&T is negotiating with a Dutch shipowner for a new building order. But, I cannot tell you the name ...

  • News

    AET gets new delivery

    2008-02-15T00:00:00Z

    Tanker owner-operator AET, a wholly owned subsidiary of MISC Berhad, welcomed the newest addition to its rapidly growing fleet with the naming and delivery of the 107,000 dwt Eagle Turin at the Imabari Shipyard at Koyo Dockyard in Japan. Eagle Turin, which will fly the Singapore flag, becomes the 49th ...

  • News

    Oman orders ten VLCCs from Korea

    2008-02-14T00:00:00Z

    The state-owned Oman Shipping Company has placed two contracts for a total of ten five VLCCs with two Korean shipbuilders. Both Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) will build five very large crude carriers each at a cost of about $1.5 billion. DSME will deliver ...

  • News

    C&Heavy wins Asian bulker order

    2008-02-14T00:00:00Z

    South Korean shipbuilder C&Heavy Industries has won a $163.3 million order for four bulk ships from an unidentified Asian company. The ships would be delivered by 31 January 2011.

  • News

    Qianjin yard building SPO AHTSs

    2008-02-14T00:00:00Z

    Swire Pacific Offshore Holdings (SPO), the wholly owned offshore service subsidiary of Hong Kong listed Swire Pacific Limited, has placed an order with Qianjin Shipyard in Qingdao, China, to build eight vessels at a price of $100 million.According to the deal, Qianjin Shipyard will manufacture and deliver the eight 57 ...

  • News

    Investment in Scottish shipyard

    2008-02-12T00:00:00Z

    U.K. Defence Secretary Des Browne recently visited Babcock Marine in Rosyth, Scotland, to witness the start of a £50 million (almost $100 million) investment project at the dockyard in preparation for construction of two Royal Navy aircraft carriers. Browne witnessed the signing of a £35 million contract placed with Glasgow-based ...

  • News

    New VLCS order for HHI

    2008-02-12T00:00:00Z

    Hyundai Heavy Industries (HHI) has won a 1.28-trillion won ($1.35 billion) deal tobuild eight very large container ships (VLCS) for a European shipping company. The vessels will all be delivered by April 2012.Although the identity of the shipping company has not been disclosed, it coincides with an order of eight ...

  • News

    New shipyard for Gdansk

    2008-02-12T00:00:00Z

    ISD Polska, a subsidiary of Ukrainian steel manufacturer ISD Donbas, plans to invest z³.700 million ($283 million) to build a modern shipyard in Gdansk. However, the project may be delayed due to ongoing talks with the European Commission (EC) which insists on reducing the existing shipyard's production output by closing ...

  • News

    Sulphur decision 'on hold'

    2008-02-12T00:00:00Z

    Key decisions on the bunker industry's future have been shelved until an IMO meeting called for the end of next month. The IMO's Bulk Liquids and Gases (BLG) sub-committee, meeting in London last week, agreed to streamline the options being discussed rather than make definitive recommendations.The most controversial proposal, a ...

  • News

    ST Engineering wins PSV deal

    2008-02-12T00:00:00Z

    Singapore Technologies Engineering Ltd, a global engineering and defence contractor, said its US shipyard VT Halter Marine has secured a new contract worth between $45 and $55 million to build two platform supply vessels for L&M Botruc Rental Inc. L&M Botruc operates fleets of offshore marine transportation vessels in the ...

  • News

    Samudra Indonesia orders two bulkers

    2008-02-12T00:00:00Z

    The sea transportation service company PT Samudra Indonesia has placed an order with South Korea?s STX Shipbuilding for two bulk carriers at a total value of $97.6 million.The Indonesian company placed the order for the two 57,700 dwt ships through its subsidiary, Foremost Maritime Pte Ltd and delivery is scheduled ...

  • News

    Indian shipyards poised for mega expansion

    2008-02-11T00:00:00Z

    Indian engineering and maritime groups have lined up an estimated $4.5bn to invest in new shipyards, opening up a front in the nation?s competition with China to become a low-cost manufacturing centre.The country?s newest shipbuilder, Pipavav Shipyard, is to "cut steel" on its first vessel today in its yard in ...