All Motorship articles in Web Issue – Page 888
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News
Malaysia builds dredger shipyard
Titisan Selatan Sdn Bhd, the Malaysian company which will be constructing the RM650 million ($196 million) shipbuilding yard for dredgers, is currently in talks with the Selangor government to lease a piece of land for the shipyard and expects a deal to be struck by the end of this month. ...
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West Sirius almost ready
The first of a series of three high-performance, identical design 6th generation semi-submersible rigs, West Sirius, built by SembCorp Marine?s subsidiary Jurong Shipyard for Norway?s Seadrill Limited was named recently. This is the shipyard?s first turnkey rig-building project which encompasses engineering, procurement, construction, integration and commissioning (EPIC) elements. The $390 ...
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Maersk slows down
Maersk Line in Denmark is planning changes to its Asia ? Europe network to improve reliability and save fuel. Among the steps to be taken will be slower sailing speeds on some routes.The company said the changes would be introduced in February and March next year. "We will make various ...
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Boustead Naval wins yacht jobs
The Malaysian shipbuilder Boustead Naval Shipyard Sdn Bhd (BNS) has received orders to build a yacht-hotel and two luxury yachts. BNS said Sunborn International from Finland had ordered a 141m-long vessel to be used as a floating hotel at a cost of about RM250 million ($75 million). The order was ...
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Nakilat awards shipyard contract
Qatar Gas Transport Co QGTS.QA (Nakilat) has awarded a $610.6 million contract to Daewoo Engineering & Construction Co to build a shipyard in Qatar according to a statement made by Daewoo. It gave no more details.
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Europe aims for transport emissions agreement
British and other European negotiators will reportedly be pushing for shipping and aviation emissions to be included in a post-Kyoto deal on climate change at discussions beginning in Bali. Representatives from almost 190 countries are gathering for the United Nations climate conference in Bali this week to begin hammering out ...
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Interest in stranded gases growing
Classification society ABS says it is seeing a resurgence of interest in floating solutions for the transportation of natural gas aimed at capturing ?stranded? gas reserves around the world. Although natural gas is abundant, more than one-third of global gas reserves are said to be stranded by their location of ...
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Stena Perros delivered
Concordia Maritime?s 65,200 DWT product tanker ?Stena Perros? was recently delivered from Brodosplit Shipyard, Croatia. The vessel has been signed to a 5-year time charter with the French oil and energy company TOTAL to transport refined products. The ?Stena Perros?, a so-called P-MAX tanker, is the sixth in a series ...
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Hanjin completes 1st phase of Philippines shipyard
Hanjin Heavy Industries and Construction has completed the first phase of its shipyard construction project in Subic, the Philippines. The Korean company began the project on a 2.3 million sq.m site in May of last year to overcome problems it was facing due to the small size of its 300,000 ...
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Tug Malta to get more tugs
Tug Malta has ordered two tugs costing over EUR50m in all and aims to develop offshore services in North African countries, and in the Mediterranean in general.Rimorchiatori Riuniti SpA of Genoa, Italy, which last July took majority shareholding in Tug Malta Ltd from the government, described the contracts as important ...
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Vroon orders more FSVs
Vroon Offshore Services (VOS) in Holland has ordered an additional four field support vessels (FSV), with an option for a further two, as the next phase of its fleet investment programme. The order for the IMT 955L support vessels, designed by IMT Marine Consultants, has been placed with the Astilleros ...
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Mipo?s Vietnam repair facility to switch
Hyundai Mipo Dockyard is considering setting up a manufacturing facility in Vietnam as surging orders spur the company to seek sites beyond Korea's shores. "We are reviewing plans to probably make part of the repair yard in Vietnam suitable for building new vessels," Hyundai Mipo spokesman Lee Young-duck said. "We ...
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Swissco expands fleet
Singapore-based Swissco International Ltd?s wholly-owned subsidiary, Swissco Offshore Pte Ltd, has placed orders for four more offshore support vessels worth S$18.5m including owner supplied equipment.The first order is for two identical units of 26m aluminum crew/utility vessels, placedwith a local shipyard which specializes in aluminum shipbuilding. Designed to carryboth cargo ...
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Cosco eyes expansion outside China
Shipbuilding and ship repair firm Cosco Corp (Singapore) will consider establishing bases in Vietnam and other Asian countries since China could become less attractive as environmental regulations tighten and labour costs rise. Cosco, majority-owned by China Ocean Shipping (Group) Co, is focusing its resources on three main business lines: ship ...
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Tognum operations take off in Asia
The Tognum company MTU Friedrichshafen and the China North IndustriesGroup Corporation (Norinco) reached agreement on a joint venture. At a press conference in Shanghai, the two companies presented their plans to jointly assemble high performance engines of the Series 956, 1163 and 595 as of the year 2009, thus expanding ...
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Two Tigers for Aries
Lafayette, La.-based Aries Marine Corp. signed a letter of intent with Eastern Shipbuilding Group for the construction of two ?TIGER? shark class platform supply vessels (PSVs). These will be built to the Aker Yards Marine PSV 23 DE design, which is an AC diesel electric, twin Z-drive, DP-2 offshore service ...
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Jurong acquires majority stake in JSMET
SembCorp Marine?s wholly-owned subsidiary, Jurong Shipyard Pte Ltd (JSPL), has entered into an agreement to acquire a 70% equity stake in Shanghai Jurong Marine Engineering & Technology Co. Ltd (JSMET). JSMET offers services for marine design work. Long-time business associate and Chinese partner, Zhao Weimin will own the remaining 30%.JSMET ...
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ABG to expand
India?s biggest private sector shipbuilder ABG Shipyard Ltd plans to invest Rs1,300-1,400 crore to expand capacity to meet the rising global demand for building large cargo carrying ships. After the expansion, the Mumbai-based company hopes to build large size ships, including VLCCs, at its shipyard located at Magdalla Port in ...
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Shipping line reduces speed
One of the world's largest container shipping lines says bunker costs now account for over 50% of its vessels' operating expenditure. A senior official of the French container transport and shipping company CMA CGM predicted that "'most shipping lines" would start steaming at "'economic speed to minimise bunker fuel consumption."CMA ...
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Korean yard wins Indian orders
STX Shipbuilding in Korea has won orders to build 14 new ships, worth more than $750 million from Indian shipowners who are buying new cargo carriers to cash in on the growing global demand for carrying raw materials such as steel, iron ore and coal.The companies involved are the state-run ...
