All Motorship articles in Web Issue – Page 899
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News
Indonesia to build SE Asia`s largest shipyard
The Indonesian shipping business leader Oentoro Surya has said he will build a shipyard and heavy equipment factory at a cost of $230 million in Batam, just south of Singapore. "I want to build in Batam the largest and most modern shipyard in Southeast Asia," Oentoro said last weekend. About ...
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Nassco gets additional T-AKE contract
General Dynamics Nassco has reached an agreement with the US Navy to build up to five additional T-AKE-class cargo ships. The deal has a potential value of $2.5 billion if the Navy exercises all of its options. Nassco is already building ships of the T-AKE class and the shipbuilder expects ...
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ABG to buy WISL
Mumbai-based ABG Shipyard is all set to take over Western India Shipyard (WISL) in a $48 million deal to be announced in a few weeks. ABG will get management control of WISL and the 40% stake held by financial institutions led by ICICI Bank. Sources said the deal will not ...
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Derecktor launches ferry
Derecktor Shipyards in Bridgeport, USA, has launched the second of two ferries for the Bermuda government. The Bridgeport shipbuilder won the contract for the second ferry late in 2006, shortly after it delivered the first built for Bermuda and the yard built the ferry in just under nine months.The newbuilding ...
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Shipbuilders bid for SCI?s AHTS vessels
Around six firms including Bharati Shipyard, Hindustan Shipyard and other international firms have queued up for Shipping Corporation of India?s (SCI) plan to acquire four anchor handling tug supply vessels (AHTS) with 80 tonne bollard pull capacity. The international firms include Colombo Shipyard, and one shipyard each from China, Korea ...
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SMC delivers LPG carrier
Oslo-based I.M. Skaugen (IMSK) recently took delivery of a second pressurized 3.200 m3 LPG carrier, named ?Qin Shi Huang? which has been fixed on a 12 months time charter contract. This follows the $14.8 million sale of a sister ship, ?Mei Wen Ti? which was delivered during the first quarter ...
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Damen AHTS for Med Offshore
Med Offshore (MO) has ordered a Damen 6615 AHTS from the Damen Offshore series. This is the second time MO has ordered an AHTS from Damen, following the AHTS 6114, Med Otto, which was delivered in September 2006. Construction of the 6615 AHTS vessel will take place at Damen Shipyards ...
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Gdansk shipyard workers plan EU protest
Some 100 trade unionists from Gdansk Shipyard will picket the headquarters of the European Union (EU) in Brussels later this month to protest against plans of a decision on capacity reduction in the yard. The Gdansk Shipyard Solidarity trade union says the demonstration will be peaceful and that nobody wants ...
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Samsung expanding capacity
Samsung Heavy Industries plans to resolve its shortage of production facilities in light of the dramatic increase in orders it has experienced in recent years, by building a new mega block assembly factory on a 280,000m2 plot near the Geoje shipyard. The plot is located across from the Geoje Shipyard, ...
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Abu Dhabi plans commercial yard
Abu Dhabi Ship Building Co (ADSB) in Dubai, the Middle East?s largest naval builder, may set up a new shipyard for commercial vessels to tap demand from the region?s booming offshore oil and gas industry. "We want to cater for the offshore industry in the niche market of supply and ...
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ABG delivers newbuilds
ABG Shipyard in Mumbai, India, has delivered one vessel each to UAE-based Lamnalco Group and Norway-based Deep Sea Supply ASA. An anchor handling tug supply (AHTS) vessel was delivered to Lamnalco Group and the shipyard is building another five vessels for the UAE based group. The yard also delivered an ...
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Szczecin gets government subsidy
Deputy Prime Minister Przemyslaw Gosiewski recently announced that Szczecin Shipyard is to receive PLN 100-200 million ($35 to 70 million) from the Polish government as a subsidy.
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DSME wins ten ship order
Daewoo Shipbuilding & Marine Engineering (DSME), the world's third-largest shipbuilder, has won orders valued at $2.1 billion to build 10 vessels. The deal from a European shipping company calls on DSME to deliver nine container ships and one drill ship by December 2011. With the latest deal, Daewoo has won ...
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PSV delivered to North Star
The NSS-IMT 978 Platform Supply Vessel ?Grampian Talisman? was recently delivered to her owners North Star Shipping at the Balenciaga Shipyard in Northern Spain. The newbuilding sailed from the port of Pasajes in Northern Spain for Peterhead in Scotland where she will commence a long term contract with Talisman Energy ...
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Bulyard to build three ships
Bulgarian shipyard Bulyard Shipbuilding Industry will build three bulk carriers for Bulgarian state-owned shipping company Navigation Maritime Bulgare, after signing deals worth a total of EUR 88.2 million ($118.6 million).Two of the newbuildings will have a capacity of 55,500 dwt costing EUR 32.6 million apiece and are scheduled for delivery ...
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Gazprom awards Vyborg tender
Vyborg Shipyard in Russia won the tender for the construction of drilling rigs for Gazprom. Valery Golubev, deputy chair of Gazprom said that the $2.3 billion contract involves the construction of hulls and upper decks for the drilling rigs, which will be used for the development of the Shtokman field.
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DESSC - Delivery of another newbuilding
Deep Sea Supply (DESSC) has taken delivery of ?Sea Otter?, a 6,500 bhp AHTS vessel from ABG shipyard in India. The vessel will go directly to Indonesia for a four months time charter with Conoco Philips at a rate of $17,500 per day or equal to an estimated value of ...
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SOFF places orders with Aker
Solstad Offshore SA (SOFF) in Norway has entered into two contracts with Aker Yards for the construction of one platform supply/ROV vessel of Aker PSV / ROV 06 CD design and one offshore construction service vessel of Aker OSCV 06 L design. The total value of the contracts, inclusive of ...
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High activity level for AFP
Aker Floating Production?s (AFP) first FPSO vessel, contracted for offshore India, is slated to be completed on schedule. In the second quarter of 2007, the Indian company Reliance Industries Limited entered into a contract for chartering an FPSO vessel from AFP and the bare boat contract value is on the ...
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Norway investing in Philippine shipyard project
A Norwegian firm will invest $4.3 million in the construction of a shipyard in Subic Bay Freeport in the Philippines, further boosting the capability of this former naval base for maritime logistics and services. The Subic Bay Metropolitan Authority (SBMA) signed recently an agreement with the Subic Bay Shipyard Consortium ...
