All Motorship articles in Web Issue – Page 900
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News
MODEC names new FPSO
Last Friday MODEC, BHP Billiton, and the Jurong Shipyard celebrated the naming ceremony of the FPSO Stybarrow Venture MV16. MODEC is the vessel owner and operator, BHP Billiton holds the long term lease and Jurong is the shipyard responsible for integrating the topsides. The new-build FPSO was finished in only ...
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Daewoo wins German boxship quartet
Daewoo Shipbuilding & Marine Engineering (DSME) has signed a contract to build four container vessels valued at about $485 from an unidentified German shipping company. The 8,400 TEU newbuildings will be delivered by July 2010.
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SNSA orders bitumen tankers
Stolt-Nielsen S.A. (SNSA), the Norwegian shipping company, has signed an agreement with Xinshun Shipyard in China for the purchase of up to six 5,900 DWT bitumen tanker newbuildings due for delivery from February 2010. Under the terms of the agreement, SNSA has placed firm orders for two ships and holds ...
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Sinopacific seeks to expand
Chinese shipbuilder Sinopacific Shipbuilding Group is planning to raise about $660 million in a public listing in the domestic A-share market in June 2008. China's CITIC Bank will underwrite the Sinopacific listing according to its chairman and chief executive officer, Simon Liang, who founded the company. Sinopacific expects to book ...
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Poles urge EU to save Gdansk shipyard
Former leader of Poland's Solidarity trade union Lech Walesa has condemned an attempt by the EU to close most of the Gdansk shipyard. "The European Union should help us to bring efficiency to the shipyard, and we should not lose it as part of some stupid political game," Walesa has ...
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Posco to build steel plant in Vietnam
South Korea?s Posco Group, the world?s third-largest steel manufacturer, will build a hot-rolled steel plant at a cost of $4.5 billion in central Vietnam?s Khanh Hoa province. The factory, to be erected in Dam Mon peninsula, will have an initial annual capacity of 4 million tonnes which will later be ...
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Norway to build field support vessels in Russia
Norway's KS North Sea Rescue AS has chosen an IMT 955-N design for a series of six Field Support Vessels (FSV) to be built at the Yaroslavsky Shipbuilding Plant, Russia. The vessels are a modified version of the IMT Marine Consultants IMT 955 design of which nine are currently building ...
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Baltic shipyard being demolished
Sergey Pugachev's United Industrial Corp. has found an investor to pay for the liquidation of one of Russia's largest shipbuilding companies, the Baltic Yard. Vneshtorgbank (VTB) will provide the corporation with $550 million to transfer the plant's capacities to Northern Wharfs and demolish the Baltic Yard to the ground in ...
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STX wins mega boxship order
STX Shipbuilding has won a $1.43 billion order from a Greek shipping company to build nine post-Panamax container ships. The deal calls for the South Korean shipyard to deliver the 12,400 TEU vessels to Nike Group by November 2011.This is the first time STX has been asked to build container ...
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SCI plans $3 bn investment
State-owned Shipping Corporation of India (SCI) unveiled an ambitious plan to add 60 million tonnes of vessel capacity in the Eleventh Plan with an investment of $ 3 billion, to meet the growing trade requirements of the company. The public sector enterprise recently placed orders for four Aframax crude oil ...
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Hyundai to build dry dock number 10
Hyundai Heavy Industries plans to build its 10th dry dock in Korea to meet rising orders. The construction of the dry dock, 640 metres long and 92 metres wide, will be completed by January 2009. "We have a three-year backlog and our nine dry docks are already fully booked, while ...
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Eight more boxships for Samsung
Samsung Heavy Industries, the world's second-largest shipbuilder, has won a 1.25 trillion won ($1.35 billion) deal from an Asian shipping company to build eight container ships for delivery by May 201. Last month, the shipbuilder said its second-quarter earnings reached 130 billion won, compared with 32 billion won a year ...
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Fincantieri selects SimEnterprise
Italian shipbuilder Fincantieri has adopted and will standardize on MSC.Software?s new SimEnterprise technology across all company sites and their extended supply chain.With typical development cycles not exceeding 36 months and including a 12 month design phase, Fincantieri and California-based MSC.Software jointly undertook a detailed program of evaluation, aimed at rationalizing ...
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RAN to get new destroyers
Australia?s Federal Government will sign a contract with Spanish designer Navantia, Adelaide-based shipbuilder ASC and systems engineer Raytheon by mid-September, for the construction of three 6,000-tonne air warfare destroyers for the Royal Australian Navy. The new vessels will be customised versions of the Navantia F-100 warship with an extra helicopter ...
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Fesco places order in China
Vladivostok-based Far-Eastern Shipping Company (FESCO) has ordered a series of new bulk carriers to be built in China at the Quingshan Shipyard in Ukhan.The 57,000 DWT newbuildings will be 190 metres long and 32 metres wide and will be fitted with four cranes. Designed to carry corn, coal, ore, pipes ...
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Old ships may be banned from Indian waters
A local industry report claims that India's Shipping Ministry is considering plans to ban ships over 25 years old from docking at the country's ports. Also being considered are ships flying flags of convenience, such as Panama.The sweeping powers of the laws under consideration will make for uncomfortable reading for ...
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SHI half-year orders sets new record
Samsung Heavy Industries (SHI) has received an order from a US firm to construct two drill ships, just in time to put the company's combined orders for the first half of the year to over $10 billion. SHI claim this is the first time ever that a shipbuilding company has ...
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GGOS orders two more PSV's
Greatship Global Offshore Services Pte. Ltd. (GGOS), Singapore, wholly owned by Greatship (India) Ltd (GIL), has signed a contract for two more new building multi purpose platform supply vessels (PSV) with Keppel Singmarine Pte. Ltd, Singapore. These vessels are expected to enter into service by the end of 2009.The newbuildings, ...
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Indian yards seek to expand
ABG Shipyard in India has bid for two shipyards on the western coast, state-run Alcock Ashdown (Gujarat) Ltd. and Western India Shipyard Ltd.. In May, it bought unlisted Vipul Shipyard. Its competitor, Bharati Shipyard Ltd., had also shown interest in Alcock Ashdown and Western India Shipyard."There is a pressing need ...
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Swiber buys shipyard
Singapore-based Swiber Holdings Limited has acquired 100% issued share capital of North Shipyard (Pte) Ltd for $6.8 million. Swiber describes itself as a "niche service provider" to the offshore industry and is an integrated offshore engineering, procurement, construction, installation and commission ("EPCIC") contractor with supporting in-house offshore marine capabilities. North ...
