All Motorship articles in Web Issue – Page 914
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News
Teekay, TORM to buy OMI
Teekay Shipping Corp., which owns and operates one of the world's largest fleets of crude oil tankers, will join with Danish product tanker operator TORM to acquire rival OMI Corp. for about $2.2 billion.Teekay and TORM, which plan to equally split the total cost of the transaction, will make a ...
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Russia building floating reactor
The keel was laid for the world's first floating nuclear power plant at the Sevmash shipyard. The Akademik Lomonosov will house two 35 MW KLT-40S nuclear reactors, similar to those used in Russia's nuclear powered ice breakers, and two generators, and will be capable of supplying a city of 200,000 ...
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Bollinger launches first GPA 654 PSV
Bollinger Shipyard in Lockport, LA, has launched the first of ten GPA 654 PSVs ordered by Rigdon Marine in January 2006. With this multi-vessel order, Rigdon?s GPA (Guido Perla & Associates, Inc) -designed fleet has increased to 20 PSVs, including 8 GPA 640s.The design of the DP2- and FFV1-certified GPA ...
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Keppel secures floatel contract
Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a $305 million contract to construct a 440-person North Sea accommodation semi-submersible for Floatel International (Floatel). The contract is subject to certain conditions being met by 30 April 2007. The new generation floatel will ...
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USN cancels second LCS
The U.S. Navy is cancelling a widely criticized Lockheed Martin Corp. contract to build a next-generation combat ship after negotiations to control cost overruns failed. "We're disappointed but we have to have it at a price we can afford," Navy Admiral Charles Goddard said at a Pentagon press briefing to ...
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Korea looking to build cruiseships
Starting as early as the second half of this year, Korean shipbuilders plan to build value-added mega cruise ships in a bid to keep ahead of arch-rival China. The idea was broached at a meeting of executives from the country's top five shipbuilders including Hyundai Heavy Industries and Daewoo Shipbuilding ...
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Third Awilco rig for Yantai
Singapore headquartered Yantai Raffles Shipyard in China has had an option exercised to build a third semi-submersible rig for Norwegian firm Awilco Offshore Semi ASA The GM4000-D rig is a semi-submersible unit with a dynamic positioning system, accommodation unit and ballasting system designed to support duties such asintervention and drilling. ...
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Goodearth bulk contract awarded to HSL
Goodearth Maritime Ltd of Chennai has placed an order for 16 new bulk carriers totalling 760,000 dwt with Hindustan Shipyard Limited (HSL), Visakhapatnam. The company is currently operating five bulk carriers with combined capacity of 230,000 dwt. Goodearth's order is valued at Rs1,000 crore for the first phase of 10 ...
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ASL secures new shipbuilding contracts
ASL Marine in Singapore has secured new shipbuilding contracts worth S$116 million ($77 million). The contracts are for the construction of six Anchor Handling Towing/ Supply vessels, five of which are expected to be completed in 2009 and the remaining unit in early 2010. Last month ASL Marine secured S$164 ...
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Another new order for Yantai
Following hard on the heels of their announcement of winning an order for a semi-submersible oil rig, Yantai Raffles Shipyard in China has received a contract from Saipem (43% owned by Eni), for the design and construction of an ice strengthened pipe-laying vessel of DP3 class. The 290 metres long ...
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AIDAdiva completed
Meyer Werft in Papenburg, Germany, recently delivered the 69,200 gt cruise ship "AIDAdiva" to AIDA Cruises. The newbuilding is the first ship out of a series of four that the Papenburg shipyard is building for AIDA Cruises especially designed for the German market. Along with its new design, the luxury ...
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Cala reconsiders proposal at Marsa shipyard
Cala Corp. based in Titusville, Florida, and trading under the ticker of CCAA, has submitted its proposal to Marsa Shipyard to construct the first ?undersea resort ship? in history. The proposal was submitted directly to top naval engineers in Malta about six weeks ago to determine whether the project can ...
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Vinashin to build passenger ships
Vietnam?s Prime Minister, Nguyen Tan Dung, gave the nod Vinashin to build six high-speed passenger ships to operate on the north-south sea route. The 160m-long ships, to be fitted with 60,000kW engines, are estimated to cost between US$1.5-2 billion in total. Each passenger vessel will be able to carry 2,000 ...
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Golden Ocean bags newbuildings
Golden Ocean Group Ltd. has acquired two newbuilding contracts each at Daehan Shipbuilding in South Korea and Zhoushan Jinhaiwan Shipyard in China. According to the company, the vessels of 170,000 dwt and 176,000 dwt respectively will be delivered between December 2008 and October 2009. The total purchase price for the ...
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Daesun wins chemical carrier
Daesun Shipbuilding in South Korea wins a new order for a chemical tanker from ship owner in Marshall Islands at the price of W 71.5 billion. Delivery will be made in November 2010.
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Canada to upgrade Coast Guard fleet
The Canadian federal government has announced it will spend $284.5 million to purchase six new vessels for the Canadian Coast Guard.The vessels, which will be phased into the existing coast guard fleet between 2009 and 2014, will include four mid-shore patrol vessels, one offshore science vessel and one hovercraft. Three ...
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Petrobras looks to buy ethanol tankers
Petroleo Brasileiro SA, Brazil's state-controlled oil company, may purchase tankers from Brazilian shipyards to export ethanol as the company moves to quadruple foreign sales of the biofuel. The ships would expand a plan to build 42 vessels for Rio de Janeiro-based Petrobras's fleet of tankers as increased oil, gas and ...
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Seaspan inks contract for boxship quartet
Seaspan Corporation has signed contracts to build four 4,250 TEU container ships at Jiangsu New Yangzi Shipbuilding in China. These new orders are in addition to the ten 2,500 TEU vessels Seaspan previously ordered from Jiangsu Yangzijiang Shipbuilding, a shipyard affiliated with Jiangsu. The four newbuilding vessels are scheduled to ...
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L&T to invest in new shipbuilding yard
Mumbai-based engineering and construction company Larsen & Toubro (L&T) will set up a major state-of-the-art shipbuilding yard at a cost of Rs1,500 crore. The company has identified three locations ? Chennai in Tamil Nadu, Kakinada in Andhra Pradesh and Mundhra in Gujarat for the project. Once the location is finalised ...
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Transpetro inks order for nine tankers
Transpetro, a unit of Brazil's state-run oil firm Petroleo Brasileiro SA, signed contracts $866 million for the construction of nine new oil tankers. The Rio Naval consortium will build five Aframax tankers for $517 million and four Panamax oil tankers for $349 million.The vessels are to join Transpetro's fleet between ...
