All Motorship articles in Web Issue – Page 920

  • News

    COSCO to build semi-sub rig

    2007-03-14T00:00:00Z

    COSCO Shipyard Group in China and Norway-based Maracc signed a contract for the building of GM 4000 semi-submersible unit. The contract, with a total value of $195 million, has fixed a completion period of 34 months. Currently, there are few shipyards in China which can build such type of platform ...

  • News

    StatoilHydro - world?s biggest

    2007-03-14T00:00:00Z

    The boards of Statoil ASA and Norsk Hydro ASA signed a final plan for a takeover that the companies said will create the world's largest offshore oil and gas producer. The new company, to be called StatoilHydro ASA until a permanent name is agreed, will be created by state-controlled Statoil ...

  • News

    Jutha returns to Higaki

    2007-03-12T00:00:00Z

    Thailand shipping company Jutha Maritime is set to return to Higaki Shipbuilding, Imabari, Japan for another multi-purpose cargo vessel. Currently the firm owns seven vessels, two of which, JUTHA VASANA and JUTHA BUDDHACHART, are 8,976 dwt sisters built at the Japanese yard in 2000 and 1999 respectively.The new order is ...

  • News

    Samsung wins drill ship

    2007-03-12T00:00:00Z

    Samsung Heavy Industries in South Korea has secured an order for a drillship from a Europe ship owner. Contract price is $617 million and delivery is scheduled for June 2010.

  • News

    Damen ups tug output in China

    2007-03-12T00:00:00Z

    The Penglai Bohai Shipyard Company in China and Damen Shipyards of Gorinchem, Netherland, have signed a 5 year business co-operation agreement for the construction of the top end of the range Damen standard tug boats and in particular the larger azimuth stern drive tug designs. Construction will take place at ...

  • News

    COSCO to boost crude oil carrying capacity

    2007-03-12T00:00:00Z

    China Ocean Shipping (Group) Co (COSCO) plans to raise its crude oil carrying capacity to 8 million deadweight tonnes by 2010, up from 4.5 million dwt currently, said company vice president Zhang Fusheng. In a statement, Zhang said COSCO will buy six more VLCCs by 2010, to bring the total ...

  • News

    Lifeline for shipyard

    2007-03-09T00:00:00Z

    Ferguson's yard in Port Glasgow, which earlier this week announced it was making 99 workers redundant, was thrown a lifeline when it was learned that bidding was to be opened within three months for a Scottish fisheries protection vessel.There has already been a row about the tendering process, which was ...

  • News

    MacGregor in Vietnam jv

    2007-03-09T00:00:00Z

    The MacGregor Group, part of the Cargotec Corporation, has announced a new joint venture production partnership with Vietnam Shipbuilding Industry Group (Vinashin). The joint venture has been established as part of Vinashin's plan to locally source approximately 60-70% of ships' main equipment by 2010. MacGregor-Vinashin (MacGregor Vinashin Marine Equipment Co ...

  • News

    Sevan Hummingbird sails for Verolme

    2007-03-09T00:00:00Z

    The floating offshore production platform ?Sevan Hummingbird? recently left Yantai Raffles Shipyard in China onboard the semi submersible heavy lift vessel heading for the Keppel Verolme Shipyard in Rotterdam where the installation of the process plant will take place. The expected transit time is 35 days. Later this year, the ...

  • News

    Fincantieri starts on first mega yacht

    2007-03-09T00:00:00Z

    Fincantieri?s shipyard in Muggiano-La Spezia recently held a keel laying ceremony for the company?s first mega yacht which was ordered by Nicholas Baker in May last year. When delivered in 2010, this 134-metre yacht will be one of the largest in the world and in all probability the most technologically ...

  • News

    Merwede takes stake in new facility

    2007-03-09T00:00:00Z

    IHC Holland Merwede has decided to participate as a majority shareholder, together with Van Sluisveld Beheer, in a new company, Verenigde Scheepswerf Heusden BV (VSH), which is based in Heusden in Netherland on the site of the former Heusden Shipyard. VSH will take over nearly all 75 permanent employees that ...

  • News

    Mahachai starts dredger

    2007-03-09T00:00:00Z

    Having built a reputation for building fishing vessels, the Thai shipbuilder Mahachai Dockyard is preparing to build two dredgers. A smaller bucket dredge for a private Thai customer will be similar to a design currently operated by the government. A larger and more complex dredge is in the early ...

  • News

    Seacor takes delivery of crewboat

    2007-03-09T00:00:00Z

    Seacor Marine, the subsidiary of SEACOR Holdings, has taken delivery of its latest vessel, the crewboat John G McCall. Built by Gulf Craft Shipyard in Patterson, Louisiana, the 190ft John G McCall is the first DP 2 fast support/crew vessel in the world, said the company, and boasts 9,000hp from ...

  • News

    Danaos orders four Post-Panamax containerships

    2007-03-09T00:00:00Z

    Danaos Corporation has signed shipbuilding contracts for four 6,800 TEU container ships with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited and they are expected to be delivered to Danaos during the second and third quarter of 2010. The ...

  • News

    KY wins chemical tankers

    2007-03-09T00:00:00Z

    KY Heavy Industries in South Korea announces that it clinched orders for five chemical tankers plus five options from OSK (H.K) Ltd for delivery from May 2008 to 2009. In addition, the Mokpo-based shipbuilder secured an order for six 17,000DWT chemical tankers plus two more options from Seatramp Tankers Inc ...

  • News

    STX in talks for eight capers

    2007-03-09T00:00:00Z

    STX Shipbuilding in South Korea is negotiating for six to eight capesize bulker newbuildings at a price of $500 to 700 million. In addition, STX Dalian, an affiliate of STX Shipbuilding, is negotiating medium sized bulkers with several ship owners.

  • News

    Hyundai and Samsung win new orders

    2007-03-07T00:00:00Z

    Hyundai Heavy Industries clinched four PCTCs from Eukor. The 7,900 unit car carriers will be delivered during 2010. Hyundai Samho won a new order for a 1,700TEU container ship from a French ship owner with delivery of 2008. Hyundai Mipo Dockyard snapped up four medium range product carriers from an ...

  • News

    Shipyard could close says union

    2007-03-07T00:00:00Z

    It now looks certain, following meetings held on Monday at the Clyde shipyard of Ferguson Shipbuilders, that the vast majority of the workers employed there are to lose their jobs. Out of 126 jobs, 99 would be axed - 86 manual and 13 technical.The news was worse than the union ...

  • News

    CDL buoyant

    2007-03-07T00:00:00Z

    Colombo Dockyard (CDL) is reporting a full order book until 2008 for new ships, after building seven fast patrol boats for the Sri Lankan Navy and two tugs for Saudi Arabia which saw revenues rising 21.3% to 7.4 billion rupees in 2006.Last year Dockyard group profits rose to 626 million ...

  • News

    CSD to build tanker sextet

    2007-03-07T00:00:00Z

    Shanghai-based China Shipping Development Co. Ltd. (CSD) plans to build six oil tankers worth $307.56 million for delivery in 2009 and 2010 to help expand its ocean shipping business. CSD has signed an agreement with Dalian Shipbuilding Industry to build the six 76,000 dwt tankers. The deal needs the approval ...