All Motorship articles in Web Issue – Page 893

  • News

    Hanjin hiring local labour for shipbuilding

    2007-10-23T00:00:00Z

    Hanjin Heavy Industries & Construction Co., Ltd. (Hanjin) is currently recruiting at least 20,000 Filipino workers for its new shipbuilding and ship repair yard in Subic, Philippines. Hanjin is investing some $2 billion on the new facility. The first batch of 700 applicants have already been interviewed at the provincial ...

  • News

    Daewoo close to topping target

    2007-10-23T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering said that its Romanian joint venture Daewoo Mangalia Heavy Industries Shipyard won an order for nine 5,550 TEU container ships from a European shipping company. So far this year Daewoo Mangalia has secured a record $1.92 billion worth of orders for 21 ships, topping the ...

  • News

    STX to build Caspian shipyard

    2007-10-23T00:00:00Z

    South Korea???s shipbuilder STX is ready to launch a project to be realized jointly with Azerbaijan Investment Company (AIC) to construct a shipyard near Baku on the Caspian Sea in Azerbaijan. Anar Akhundov, AIC Chief Executive, said that STX has completed feasibility study on the project.???Presentation of ship-building factory in ...

  • News

    Strike affects Finnish yards

    2007-10-23T00:00:00Z

    In Finland, the Union of Salaried Employees (TU) began a strike yesterday. The first stage of the strike is affecting seven large enterprises in the mechanical engineering and metal products industry in Finland, including Aker Yards. ???Our 4,000 employees at Aker Yards in Finland may be affected within a week??, ...

  • News

    STX acquires Aker Yards stake

    2007-10-23T00:00:00Z

    STX Group in South Korea has paid $800 million to become the biggest shareholder in Norway's Aker Yards ASA, moving into cruise liners as competition increases with Chinese builders. New stock worth $300 million will be sold and $500 million will be borrowed to buy 39.2% of Europe's biggest shipbuilder, ...

  • News

    Flex LNG orders third ship

    2007-10-22T00:00:00Z

    Flex LNG Ltd. in Norway has ordered a third 90,000 m3 SPB LNG vessel from Samsung Heavy Industries. It is of identical design to the two ordered back in March 2007 and is based on the construction of its innovative M-Flex design. Short for Medium-sized, flexible LNG carriers, the M-Flex ...

  • News

    India wins DOF order for PSVs

    2007-10-22T00:00:00Z

    Norwegian offshore vessels operator DOF ASA has awarded the Indian shipbuilder Cochin Shipyard Ltd a newbuilding contract for two platform supply vessels (PSVs). The NOK245m contract ($46 million) covers two PSVs of Aker PSV 09 CD design scheduled for delivery in May and September 2010. One of the ships will ...

  • News

    Aussie yards in battle to recruit workers

    2007-10-22T00:00:00Z

    INCAT has fired a warning shot across the bow of Austal Ships as the two Australian shipbuilders enter into a labour-market war. Western Australia-based Austal bought the operations of North-West Bay Ships at Margate in Tasmania last year and wants to increase its Tasmanian workforce from 90 to at least ...

  • News

    Floating NPP for Arctic

    2007-10-22T00:00:00Z

    Rosenergoatom, the Russian state concern for electrical and heat energy production in nuclear power plants, is promoting floating nuclear power plants (NPP) for energy supply for Arctic oil- and gas drilling platforms. Instead of using gas to produce electricity for the platform, one floating NPP can ensure needed power supply.A ...

  • News

    Tognum expands through acquisition

    2007-10-22T00:00:00Z

    The Tognum subsidiary MTU Friedrichshafen today signed a contract with theDr. Gies group of companies on the complete acquisition of SKL Motor GmbH in Magdeburg. At the contract signing, Tognum CEO Volker Heuer stated: ???With the purchase of SKL Motor GmbH, Tognum is effectively continuing its growth strategy in the ...

  • News

    Keppel secures tug orders

    2007-10-19T00:00:00Z

    Keppel Nantong Shipyard Co. Ltd., a wholly owned subsidiary of Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M), secured three contracts worth approximately $75.3 million, including owner-furnished equipment, to build eight tugs.The first contract is with Smit Internationale Beheer B.V. to build two 90-tonne bollard pull offshore support tugs. These ...

  • News

    Davie to build two well intervention vessels

    2007-10-19T00:00:00Z

    Davie Yards in Canada has entered into a Memorandum of Understanding (MoU) with an unspecified Norwegian customer for construction of two 130 metre well intervention vessels. The total contract price for the two ships is estimated to be approximately C$380 million ($393 million) subject to final contract negotiations. The vessels ...

  • News

    Rickmers orders ten newbuilds

    2007-10-18T00:00:00Z

    Rickmers-Linie, the Hamburg-based specialist in the global transportation of break-bulk, heavy-lift and project cargo, has ordered ten new purpose-built multipurpose vessels, which are to be added to its fleet between 2009 and 2011. All ten will be built by Chinese shipyards and are to be deployed in Rickmers-Linie???s worldwide services, ...

  • News

    Poland to sell Gdansk shipyard

    2007-10-18T00:00:00Z

    Poland's Gdansk shipyard will be sold to Ukrainian firm Donbass in a $400 million deal to avoid bankruptcy, the head of the yard said. The yard has been under threat since the European Union demanded that it cut capacity or repay an estimated 1.3 billion euros ($1.8 billion) in state ...

  • News

    Swissco expands fleet with four more vessels

    2007-10-18T00:00:00Z

    Swissco Offshore Pte Ltd, the wholly owned subsidiary of Singapore-based Swissco International Ltd, has placed orders for four new vessels to add to its growing fleet of offshore support vessels, at a cost of S$11.2m ($7.7 million) including ownersupplied items. Out of the four vessels that have been ordered, the ...

  • News

    Costa orders two more from Fincantieri

    2007-10-18T00:00:00Z

    The Italian cruise line Costa Crociere has signed an order with Fincantieri for two new 114,200gt cruise ships to be delivered in 2011 and 2012 at an all-in cost of approximately ??¬1bn ($1.43 million). The two newbuildings will be constructed at Fincantieri's Marghera yard and will be sisters to ???Costa ...

  • News

    Dolphin to buy shipyards

    2007-10-18T00:00:00Z

    Mumbai-based Dolphin Offshore Enterprises (India) Ltd (Dolphin), which provides offshore and onshore integrated services to the oil and gas industry, is foraying into shipbuilding. It has earmarked an investment of just over $100 million for the project and is eyeing two existing shipyards on the West Coast for acquisition.Gujarat Maritime ...

  • News

    Saigon Shipyard rides offshore boom

    2007-10-18T00:00:00Z

    Ezra Holdings Ltd.'s wholly-owned Saigon Shipyard Ltd., which is held via Ezra's wholly-owned HCM Logistics Ltd., marked its successful break into the offshore fabrication market with the recent award of a fabrication and assembly contract worth $130.2 million. Part of the contract includes offshore transportation, installation and commissioning work in ...

  • News

    Fjellstrand bags Havila PSV

    2007-10-18T00:00:00Z

    Havila Shipping ASA has through Havila Shipping Pte Ltd in Singapore entered into a contract with Fjellstrand Verft for building of a platform supply vessel (PSV) called Havyard 832 CD. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA. Delivery is scheduled during autumn 2009, ...

  • News

    Orissa to have mega shipbuilding factory

    2007-10-16T00:00:00Z

    Orissa, in the North East of India, is all set to have a shipbuilding factory at Charidiha near Dhamra mouth in Bhadrak district of the State. It will be the first such private sector venture in eastern India. The Apeejay Surrendra Group and Bharati Shipyard Limited would set up the ...