All Motorship articles in Web Issue – Page 912

  • News

    Pipavav restructuring

    2007-04-30T00:00:00Z

    Mumbai-based shipbuilder Pipavav Shipyard and Engineering (PSEL) is currently restructuring its capital basis by inviting overseas investors to take a stake in the company. The post-restructuring envisages that four financial investors will hold 40% equity in PSEL. The Nikhil Gandhi-promoted SKIL infrastructure, which floated Pipavav, will hold a 35% stake ...

  • News

    Samsung wins drill ship

    2007-04-30T00:00:00Z

    Samsung Heavy Industries has won a drill ship from Saipem at a cost of $660 million for delivery in March 2010.

  • News

    Uljanik delivers PCTC

    2007-04-30T00:00:00Z

    Uljanik Shipyard in Croatia has delivered a 12,300 DWT Pure Car Truck Carrier (PCTC) with a 4,900 CEU capacity to Ray Shipping. Named Opal Leader, this newbuilding is 176 m long, 31.10 m wide and has a maximum speed of 20.8 knots.She is driven by Uljanik/MAN-B&W main engine having an ...

  • News

    Vinashin launches container ship

    2007-04-30T00:00:00Z

    Vinashin recently launched a 2,900 DWT freighter ordered by the Danish company Erria A/S, which is a one-stop-service provider for everything related to the operation, maintenance, and conversion of ships. The $5 million ?Erria Vietnam?, built by the Saigon Shipping Industrial Company, a subsidiary of Vinashin, is an 80 metre ...

  • News

    Latest Polish ferry on the Clyde

    2007-04-30T00:00:00Z

    Sister to the BUTE delivered last year, the latest new ferry built for Caledonian MacBrayne, the ARGYLE, recently arrived on the Firth of Clyde having sailed from the shipbuilding yard Remontowa in Gdansk. She is the second of two virtually identical vessels to come from the Polish yard for Calmac ...

  • News

    Ulstein expands into China

    2007-04-30T00:00:00Z

    The Norwegian shipbuilder and design company Ulstein is looking to China for future growth. "We want to get into a broader market with our solutions and knowledge. Our intention is to expand our working area globally, as well as develop our competitiveness in Norway," says Tore Ulstein, Director of Market ...

  • News

    BSL signs contract with GOL

    2007-04-30T00:00:00Z

    Bharati Shipyard Limited (BSL), one of the leading private sector shipyards in India, has signed a contract with Great Offshore Ltd (GOL) for construction and supply of a multipurpose offshore support vessel at a price of $64.80 million.The vessel will have a 10,500 kW diesel electric propulsion system with 5 ...

  • News

    SCI to buy four boxships

    2007-04-30T00:00:00Z

    Shipping Corporation of India (SCI) is planning to invest $280 million in acquiring four container vessels to cater for the rapidly-expanding European and American markets. Two vessels, of 4,400 TEUs each, will be delivered by 2008-end and the other two, of a capacity of 5,000 TEUs each, will be delivered ...

  • News

    Bangladesh wins biggest newbuild contract

    2007-04-30T00:00:00Z

    Bangladesh?s main shipbuilder, Ananda Shipyards Shipways Ltd (ASSL), has won a $100 million contract to build eight vessels, a deal seen as helping pave the way for the nation to emerge as a major shipbuilder. This is the country?s single biggest export order which was placed by two German companies ...

  • News

    ASL to build innovative pipelay vessel

    2007-04-30T00:00:00Z

    The Larsen & Toubro/SapuraCrest Petroleum Bhd joint venture has ordered a new-generation heavy-lift/pipelay vessel designed by Sea of Solutions, part of the Offshore Ship Designers Group in Holland. Sea of Solutions was responsible for both the concept design and basic design of the $138m vessel, which will enter service in ...

  • News

    Rongsheng seeks stake sale

    2007-04-27T00:00:00Z

    Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Group is in talks with several foreign investors and could sell a one-quarter stake prior to its stock market listing, expected as early as 2009. Privately owned Rongsheng, based in the eastern port city of Nantong, near Shanghai, plans to float shares simultaneously in ...

  • News

    ?K? Line reduces speed

    2007-04-27T00:00:00Z

    Japan?s Kawasaki Kisen Kaisha, Ltd. ("K" Line) has started a new ecological project to reduce CO2 emissions by implementation of economical speed navigation in Ise/Mikawa Bay for all "K" Line owned or operated car carriers with the purpose of contributing to environmental improvement in this area.To the extent that schedules ...

  • News

    Quintana secures Imabari newbuild

    2007-04-27T00:00:00Z

    Quintana Maritime Limited, an international provider of dry bulk transportation services, has agreed to acquire a newbuilding Capesize bulk carrier of 180,000 deadweight tons (dwt). The vessel will be constructed by Imabari Shipbuilding Co., Ltd., the largest shipyard in Japan, with expected delivery during the fourth quarter of 2008. The ...

  • News

    MES delivers large ore carrier

    2007-04-27T00:00:00Z

    Mitsui Engineering & Shipbuilding in Japan has recently completed the NSS HONESTY, a 230,000 dwt ore carrier (yard No. 1647), which had been under construction at its Chiba Works. The vessel was delivered to its owner Heyday Shipping S.A., Panama. This ship is a sister ship to MV NSS CONFIDENCE ...

  • News

    China's shipyards to double capacity

    2007-04-27T00:00:00Z

    China's two largest shipyard groups plan to double capacity by 2010, challenging South Korea as the world's top builder. China State Shipbuilding Corp., the nation's biggest, will have a potential 12.3 million deadweight tons output by 2010 from 6.02 million last year, while China Shipbuilding Industry Corp. will double its ...

  • News

    OSD calls for greener designs

    2007-04-27T00:00:00Z

    Offshore vessel designer, Offshore Ship Designers (OSD), says going green is no longer just an expensive option, and it is no longer just about containing noxious emissions and oil spills. A global focus on carbon dioxide emission reduction means that going green is both a challenge and a business opportunity ...

  • News

    BAE support for LSE

    2007-04-27T00:00:00Z

    There are plans to make Labuan Shipyard and Engineering (LSE) a world-class facility with the capability for ship repairs and, more importantly, shipbuilding, within two years. The first step is to train 300 apprentice engineers and an additional 50 skilled engineers from Malaysia in Scotland.BAE Systems Surface Fleet Solutions (SSFS) ...

  • News

    Seatruck poised to launch new ferries

    2007-04-25T00:00:00Z

    Seatruck Ferries, freight-only specialists on the Irish Sea route and part of the Clipper Group, are about to introduce a major increase in capacity for the link between Heysham and Warrenpoint, Northern Ireland. Four state-of-the-art newbuildings are to be delivered by Spanish shipbuilders Astilleros de Huelva over the coming 12 ...

  • News

    DMHI riding high

    2007-04-25T00:00:00Z

    Daewoo Mangalia Heavy Industries (DMHI) of Mangalia, Romania, has signed contracts worth over $1.05 billions with three important ship owners in the first quarter of 2007.The first contract was signed in January with the German company Hamburg Süd for six 6,300 teu container ships which will be the largest ever ...

  • News

    Samsung wins OOCL contract

    2007-04-25T00:00:00Z

    The Hong Kong shipowner OOCL has ordered another five 4,500 teu containerships from Samsung Heavy Industries in a deal worth $331milion. The shipping company already has four 4,500 teu newbuildings on order at Samsung which were contracted in July 2006. Those ships are due for delivery in mid-to-late 2010. OOCL ...