All Motorship articles in Web Issue – Page 902

  • News

    SSN in financial trouble

    2007-07-26T00:00:00Z

    Just five years after it was founded, Stocznia Szczecinska Nowa (SSN) is facing bankruptcy. The Polish shipbuilder is supposed to get PLN 100-200m (EUR 26.6-53.2m) of capital and PLN 34m of credit. SSN wants its shareholders, i.e. state-owned Agency for Industrial Development (ARP) or KPS corporation, to raise its capital. ...

  • News

    Erria awards Rushan contract for three chemical tankers

    2007-07-26T00:00:00Z

    Danish maritime company Erria A/S has awarded the Chinese shipbuilder Rushan Shipyard a newbuilding contract for three chemical tankers. The contract covers a firm order for three 6,500 DWT chemical tankers and options for three plus three additional vessels. No financial details were disclosed. Erria, headquartered in Kastrup, Denmark, is ...

  • News

    Portosalvo orders Aker PSV

    2007-07-26T00:00:00Z

    Aker Yards has entered into a contract with Portosalvo Ltd. for the building of one 4,800 DWT Platform Supply Vessel based on the design Aker PSV 09 CD. The value of the contract is approximately $53.5 million and delivery is scheduled in 4Q 2010. Portosalvo, a UK based subsidiary of ...

  • News

    UK's future aircraft carriers given the green light

    2007-07-26T00:00:00Z

    UK's Secretary of State has announced the building of Britain's largest ever naval ships and orders will now be placed for the two new aircraft carriers. The ships will have a displacement of 65,000 tons and will be named, as previously announced, HMS QUEEN ELIZABETH and HMS PRINCE OF WALES ...

  • News

    Asia?s first 10,000 TEU container ship christened

    2007-07-26T00:00:00Z

    Asia's first 10,000 TEU container ship, classed by Lloyd?s Register, was recently christened at Hyundai Heavy Industries? (HHI) yard in Ulsan just days before its scheduled delivery on 6 August to the China Ocean Shipping Group (COSCO), China?s biggest shipping line. COSCO Asia, designed with a nominal capacity of 10,050 ...

  • News

    Daewoo wins semisub order

    2007-07-25T00:00:00Z

    South Korea's Daewoo Shipbuilding & Marine Engineering has won an order from an undisclosed South American country worth $633 million to build a semi-submersible drilling rig for delivery in August 2010.

  • News

    Vinashin to build sixteen ships for India and Israel

    2007-07-25T00:00:00Z

    Vietnam's state-run Vinashin Business Group will build sixteen 316,000 DWT cargo ships for Indian and Israeli shipping firms. This will be the largest ships to be built in Vietnam and they will be constructed at the Dung Quat shipyard which is located in central Vietnam. No more details are available ...

  • News

    ASL secures European orders

    2007-07-25T00:00:00Z

    Singapore shipbuilder ASL Marine Holdings has secured new shipbuilding contracts worth $67.5 million from European clients. The contracts are for one 90 metre DP-2 subsea operation vessel, two Rotor tugs and 2 self-propelled split hopper barges. The Rotor tugs are repeat orders and are expected to be completed in 2010. ...

  • News

    ABG bags PSL order

    2007-07-25T00:00:00Z

    ABG Shipyard in Mumbai, India, has secured a major order for 12 bulk carriers of 32,000 DWT at a total price of $360 million from Precious Shipping Public Co. Ltd. (PSL), Thailand, as a part of its ship acquisition programme. Delivery of the first unit is scheduled in March 2010 ...

  • News

    Guangzhou Shipyard sees H1 net up sharply

    2007-07-25T00:00:00Z

    Shanghai-based shipbuilder Guangzhou Shipyard International expects a massive increase in its net profits for the first half compared with a year earlier. Guangzhou Shipyard, controlled by the country's biggest shipbuilder China State Shipbuilding Corp., attributed the gain to improved efficiency and new accounting rules. The company booked $20.31 million net ...

  • News

    PNTL orders two newbuilds

    2007-07-24T00:00:00Z

    Pacific Nuclear Transport Limited (PNTL) in the UK has ordered two new purpose built ships for transporting radioactive materials from Mitsui Engineering and Shipbuilding. The Japanese shipbuilder is currently building the ?Pacific Heron? at Tamano shipyard. The contract is for the design and build of two further INF 3 ships ...

  • News

    MOL's new training ship starts lessons

    2007-07-24T00:00:00Z

    Mitsui O.S. K. Lines (MOL) has started onboard training using its newly built training vessel, the SPIRIT OF MOL. The first intake of trainees took place in Manila, one of the company?s main base of human resource, earlier this month.The ?Spirit of MOL? left on its first training voyage with ...

  • News

    Korea seeks investment in Fiji shipyard

    2007-07-24T00:00:00Z

    A Korean investor is looking for sites in Fiji to set up a shipyard and slipways for a multi-million dollar project. At the moment Fiji has the capacity to service vessels up to 1,000 tonnes although the government plans to increase it to 4,000 tonnes to meet international standards. Fiji ...

  • News

    EC welcomes Polish yard cuts

    2007-07-24T00:00:00Z

    The European Commission has welcomed the proposal by Poland to reduce capacity in the country?s shipyards at Szczecin and Gdynia, as a necessary step forward in the restructuring process financed by state aid. But it has warned that it needs more information on Gdansk or it may require subsidies to ...

  • News

    Keppel clinches specialised ship contracts

    2007-07-24T00:00:00Z

    Keppel Singmarine Pte Ltd (Keppel Singmarine), the wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured four contracts worth a total of $230 million to build six offshore support vessels (OSV) and a derrick pipelay vessel. Delivery dates for these vessels are expected between the second half ...

  • News

    VP props for accommodation vessel

    2007-07-24T00:00:00Z

    Edda Accommodation, a company of the Norwegian ?stensj? Group, is currently building a highly specialized offshore support vessel which will be driven by five Voith Schneider Propellers. While this new supply vessel with a length of 130 meters and a weight of 7500 tonnes has not yet been named, the ...

  • News

    New pilot station vessels for Germany

    2007-07-20T00:00:00Z

    To replace three 40 years old pilot station vessels, operating in the Deutsche Bucht, the German authorities recently ordered two new SWATH-type vessels from Abeking & Rasmussen (A&R) in Lemwerder, near Bremen. Time of delivery is respectively the second and fourth quarters in 2009.With an overall length of 59.90 metres, ...

  • News

    UK to approve CVFs next week

    2007-07-20T00:00:00Z

    The long-awaited UK government announcement giving the go-ahead for the construction of two CVFs, the new future aircraft carriers for the Royal Navy, is expected before the end of next week. Ministers hope to approve the £3.5 billion project before Parliament breaks for its summer recess next Thursday.British defence group ...

  • News

    Century for UT755 design

    2007-07-20T00:00:00Z

    Simek shipyard in Norway has delivered ?Dina Supplier? to its owner Myklebusthaug Offshore AS, Fonnes, Norway. This PSV is the 100th UT 755 design to have been delivered to date.The newbuilding is a UT 755 LC, as of today, a total of 134 UT 755 designs have been built or ...

  • News

    DSS gets new PSV

    2007-07-19T00:00:00Z

    Deep Sea Supply ASA in Arendal, Norway, has taken delivery of the 3rd of eight PSV newbuildings from Cochin Shipyard in India. The vessel ?Sea Angler?, a UT 755L platform supply vessel, will go directly to Congo for a three (plus one) years time charter with ENI Congo.