All Motorship articles in Web Issue – Page 890

  • News

    Voith acquires AIR

    2007-11-21T00:00:00Z

    Voith Turbo GmbH & Co. KG in Germany has acquired the share majority in AIR Fertigung-Technologie GmbH & Co. KG based in Hohen-Luckow near Rostock. With this move, Voith Turbo strengthens its leading position in the field of innovative ship propulsion systems. Voith Turbo has been participating in AIR, an ...

  • News

    Shipbuilders press for subsidy revival

    2007-11-20T00:00:00Z

    Despite the boom in the global shipbuilding market, Indian shipyards face the threat of becoming less competitive following the expiry of the five-year government subsidy scheme about two months ago. The shipyards have asked the Government to resume the subsidy scheme as shipbuilding, unlike conventional manufacturing, is not protected by ...

  • News

    Sembcorp to invest in Indian shipyard

    2007-11-20T00:00:00Z

    For the first time, a foreign shipyard has picked up a stake in the emerging Indian ship building and ship repair industry. Singapore-based SembCorp Marine has recently bought a 3.31% stake in Pipavav Shipyard Ltd (PSL) for around Rs 80 crore. The investment agreement between the two companies involves Sembcorp ...

  • News

    Delays for SCAN's newbuilds

    2007-11-20T00:00:00Z

    Delivery of each of Scan Geophysical ASA's three newbuilds has been delayed by three months. Based on updated production schedules from the ABG Shipyard in India, the new delivery dates will be June 30, 2008, Sept. 30, 2008, and mid-February 2009. During the third quarter the shipyard suffered from capacity ...

  • News

    Keppel wins second floatel contract

    2007-11-20T00:00:00Z

    Keppel FELS, a subsidiary of the Singapore-based industrial conglomerate Keppel Corp, has won a $206 million contract from Floatel International Ltd to build a 500-man semi-submersible accommodation vessel. Delivery is scheduled for December 2010. This is the second contract awarded to Keppel FELS by Floatel in six months. The new ...

  • News

    W?¤rtsil?¤ and V.Ships offer joint services

    2007-11-19T00:00:00Z

    W?¤rtsil?¤ and V.Ships have agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Drawing on W?¤rtsil?¤'s strengths as a supplier of ship machinery and systems and V.Ships' success at recruiting and training senior officers and technicians, the partners ...

  • News

    Spain wins Finnish ferry order

    2007-11-19T00:00:00Z

    The Spanish engineering and consultancy company Sener has tied up with Astilleros de Sevilla the basic and detail engineering of a new Viking Line Ro-Pax ferry. The 133 m long, 1,500 passenger and 520 car capacity ferry is intended to operate short international routes on the Baltic Sea and will ...

  • News

    Philly delivers third tanker

    2007-11-19T00:00:00Z

    The third product tanker built by Aker Philadelphia Shipyard in the US was recently delivered marking the first time in the yard???s history that three vessels were completed in the same year. Following very successful sea trials and final testing and commissioning, the ship, named ???Overseas Los Angeles???, joins two ...

  • News

    Yantai gets world???s biggest crane

    2007-11-19T00:00:00Z

    The Chinese shipyard of Yantai Raffles recently installed the world???s largest crane, called ???Taisun???, capable of lifting 20,000 tonnes and currently undergoing testing and commissioning. Brian Chang, chairman of Yantai Raffles Shipyard, said ???Taisun is earmarked for 10 lifts over the next 20 months. Each lift estimated at 10,000 to ...

  • News

    Hanjin expanding in Philippines again

    2007-11-19T00:00:00Z

    After building a $720 million shipyard in Subic, Korean industrial giant Hanjin Heavy Industries Co. is planning to expand its shipbuilding business in the Philippines with another large shipyard. Hanjin has already started building one of the biggest shipyards in the world at Subic Bay Freeport and the proposed second ...

  • News

    US plans for next LCS uncertain

    2007-11-16T00:00:00Z

    Now that a massive defense spending bill has been passed in the US, the Navy is supposed to have enough money to buy one new littoral combat ship (LCS) this fiscal year but the Navy may delay the order. For Austal USA, stung by the recent cancellation of a previously ...

  • News

    EU project to promote LNG as ship fuel

    2007-11-16T00:00:00Z

    An EU clean fuels pilot project is underway to promote the use of LNG as marine fuel for ships. Hopes are high for the Marine Fuel Gas Logistics project (Magalog) to take off as industry players begin showing interest amid growing international pressure for shipping to clean up its emissions. ...

  • News

    Simon M?kster orders second vessel

    2007-11-15T00:00:00Z

    Norwegian naval architects Multi-Maritime has announced that Riise Underwater Engineering (RUE) and Simon M?kster Shipping have ordered a second Multi Maritime-designed multi-purpose offshore vessel. The vessel will be built at Westcon in ?len, Norway. The new design, designated MM 73 MSV, is 7.2m longer than the MM 66 MSV design ...

  • News

    Vietnam launches biggest container ship

    2007-11-15T00:00:00Z

    Ha Long Shipyard in Vietnam successfully launched a 1,750 TEU container ship which is the biggest of its type built in Vietnam. Shipyard director Nguyen Duc Than said the container ship, named ?Vinashin Dragon?, would be delivered to Vinashin Lines by the end of the first quarter next year. It ...

  • News

    Daewoo wins Middle East order

    2007-11-14T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering Co in South Korea has secured an order worth $604 million to build four very large crude oil carriers for a Middle Eastern client. It did not identify the client. Delivery of the newbuildings is scheduled by December 2010.

  • News

    Use won shipyards urged

    2007-11-13T00:00:00Z

    The Bank of Korea plans to urge domestic shipbuilders to settle contracts in won and to spread hedging activities over time to curb the currency's gains against the dollar.???For the currency market's stability, we need to take multilateral efforts such as encouraging shipbuilders to settle deals in won and spread ...

  • News

    L&T eyeing massive shipbuilding orders

    2007-11-13T00:00:00Z

    India's largest engineering and construction firm Larsen & Toubro Ltd (L&T) is negotiating with global shipping fleet owners to build ships worth over $1 billion, but the company cannot finalize these orders because it still hasn't received the requisite clearances for its shipyard from the local government.L&T plans to set ...

  • News

    Vyborg captures offshore rig orders

    2007-11-13T00:00:00Z

    The Russian OJSC Vyborg Shipyard and LLC Gazflot have signed a contract for engineering and construction of two floating drilling units to be operated in Shtokman gas condensate field. The shipyards of Murmansk and Arkhangelsk regions also participated in the tender.Under the contract, Vyborg Shipyard, which is located on the ...

  • News

    Strategic Marine to build DSV

    2007-11-13T00:00:00Z

    Henderson-based shipbuilder Strategic Marine in Australia has taken another major step in its goal of becoming a global shipbuilder with the signing of a second contract to build a 143m dive support vessel (DSV) for a Singaporean offshore service company.Strategic Marine???s order book now stands at a healthy $210 million ...

  • News

    Posco steals a march with technological breakthrough

    2007-11-13T00:00:00Z

    South Korea???s Posco is preparing to expand overseas and overtake Nippon Steel of Japan as the world???s third-biggest steelmaker by using its groundbreaking Finex technology. This revolutionary steel- making process is based on the next-generation Finex technology which is both cleaner and cheaper than traditional blast furnaces.Lee Dong-hee, Posco chief ...