All Motorship articles in Web Issue – Page 922

  • News

    Aker Innovation established

    2007-03-01T00:00:00Z

    Aker, Aker Kv?rner, and Aker Yards have joined forces to establish the company Aker Innovation. By exploiting the industrial and financial expertise of its three owners, Aker Innovation will identify new industrial projects that it will develop into profitable companies. Aker Innovation is currently developing several potential projects. Together with ...

  • News

    Danish shipbuilders eye Vietnam

    2007-02-27T00:00:00Z

    A delegation of shipbuilders from Denmark is currently in Vietnam to discuss investment in that country.Two conferences on shipbuilding technology will be organized in Hanoi and Ho Chi Minh City. A Vietnam-Denmark maritime club will be established to promote cooperation and information exchange between the two countries. The delegation will ...

  • News

    Myklebust wins local PSV contract

    2007-02-27T00:00:00Z

    The Myklebust Verft shipyard in Gurske, Norway, has signed a contract with Aries Offshore Services (formerly S. Ugelstad Rederi AS) in Ålesund for the building of one platform supply vessel.The PSV type VS 470 MK II, has been developed in close cooperation between the yard and the owner, and is ...

  • News

    Carnival Freedom delivered

    2007-02-27T00:00:00Z

    Fincantieri?s Marghera shipyard has delivered its latest cruise ship, Carnival Freedom, ordered by Carnival Group for the brand Carnival Cruise Lines.Carnival Freedom is the fifth sister ship of the ?Carnival Conquest? evolved from the highly successful design of the Carnival Destiny, delivered in 1996 - from which a further 15 ...

  • News

    New World orders Austal ferries

    2007-02-27T00:00:00Z

    Austal and New World First Ferry Services (Macau) Limited (First Ferry (Macau)) have announced the order of two new high-speed catamarans for operation between Macau and Tsim Sha Tsui, Hong Kong.With five Austal 47.5 metre high speed passenger catamarans already in service in the New World First Ferry fleet, these ...

  • News

    HHI achieved milestone

    2007-02-27T00:00:00Z

    HHI?s Engine & Machinery Division has maintained its steady annual growth sine starting up the production of medium-speed (4-stroke) diesel engines in 1990. The company has rapidly increased its capacity since 2000, when the division expanded the production facilities for its HiMSEN medium-speed diesel engines in order to meet the ...

  • News

    PUM sees higher revenue

    2007-02-26T00:00:00Z

    The Singapore-based shipbuilder, Pan-United Marine (PUM), said it expects to increase revenue and improve its operating margin in 2007 thanks to higher-value orders and a 50% jump in vessel deliveries.The company's two shipyards - one in Singapore and the other on the Indonesian island of Batam - were due to ...

  • News

    HHI successfully tests thruster

    2007-02-26T00:00:00Z

    Hyundai Heavy Industry?s (HHI) Engine & Machinery Division recently successfully completed operational tests for a side thruster with a capacity of 2,000kW. The side thruster will be installed in a 145,000m3 LNG carrier for Korea Line Corporation currently being constructed at Daewoo Shipbuilding & Marine Engineering. Successful performance in the ...

  • News

    Pakistan wants Turkish help

    2007-02-26T00:00:00Z

    Pakistan is eager to co-operate with Turkey in the area of shipbuilding and, in particular, the building of four corvettes for the Pakistani navy. Informed sources say that Turkey is expected to submit a bid on building the four warships early next month, stating that a delegation from Pakistan would ...

  • News

    STX gets green light

    2007-02-26T00:00:00Z

    The Vietnamese government has given the green light for STX Shipbuilding to build a $500 million shipyard covering 300 hectares in the central region. Prime Minister Nguyen Tan Dung had approved ?in principle? setting up the facility in Van Phong Economic Zone in Khanh Hoa province, but there were certain ...

  • News

    POSCO ponders DSME

    2007-02-26T00:00:00Z

    South Korea?s POSCO Group has expressed interest in Daewoo Shipbuilding & Marine Engineering (DSME), which is slated to go on sale around September. The world's second-largest shipbuilder is regarded as an attractive target for POSCO as it uses nearly a million tonnes of steel plates annually to build vessels. "Personally, ...

  • News

    DSME lands Knutsen LNG order

    2007-02-26T00:00:00Z

    Knutsen OAS Shipping in Norway has been awarded a long-term time charter with the Spanish energy company Repsol for two LNG new buildings. The two vessels will be delivered from Daewoo Shipbuilding & Marine Engineering (DSME) in 2010. Both are secured 20 years employment with 5 respectively 15 years options. ...

  • News

    Daewoo wins drilling rig

    2007-02-26T00:00:00Z

    Daewoo Shipbuilding has won a new order of a semi-submersible drilling rig from Odfjell Invest at a cost of $430 million. The new order also attaches one more option and delivery is scheduled for June 2010.

  • News

    BAE eyeing DML

    2007-02-26T00:00:00Z

    Mike Turner, chief executive of the UK?s defence company BAE, recently said that the firm was "looking very hard" at acquiring the Devonport-based naval support firm DML as part of its plans to drive consolidation in Britain's shipbuilding sector. Europe's largest defence company is already in separate talks with VT ...

  • News

    NGV aims to double output

    2007-02-26T00:00:00Z

    NGV Tech Sdn Bhd, a Malaysian shipbuilder specialising in aluminium-hulled fast patrol boats, plans to double its present production capacity to 20 units from its present 10 to 12 units. Managing director Jamalolail Mohd Yatim said the company has submitted its proposal to acquire an additional 4.86ha, and the local ...

  • News

    Davie Quebec gears up for newbuildings

    2007-02-23T00:00:00Z

    When Davie shipyard located in Levis, Canada, went into receivership this time last year, the outlook for the old yard was bleak. However, the new Norwegian owner, Teco Management AC, a company new to the shipbuilding industry, has turned the yard around and is on the brink of securing a ...

  • News

    Ciotat shipyard set to reopen

    2007-02-23T00:00:00Z

    Those who take their megayachts to Monaco this summer will have a new place to go if repairs are required. La Ciotat, the new shipyard from Monaco Marine and Semidep is possibly the largest megayacht facility in the Mediterranean.Construction began in 2005 on this huge facility in the French port ...

  • News

    China overtakes Korea

    2007-02-23T00:00:00Z

    Korea's shipbuilding industry, ranked top in the world, was overtaken by China's in terms of order volume last January for the first time ever. According to Thursday's report from Clarkson, a market researcher for the ship construction industry, the Korean shipbuilding industry received orders totalling 600,000 CGT (compensated gross tonnage) ...

  • News

    Disney plans big expansion

    2007-02-23T00:00:00Z

    The small but successful Disney Cruise Line has ordered two large cruise ships in a move that will more than double its passenger capacity. Disney CEO Bob Iger says the company has contracted with the Meyer Werft shipyard in Papenburg, Germany, to build the 2,500-passenger vessels, scheduled to launch in ...

  • News

    DNV and VR sign corporate agreement

    2007-02-23T00:00:00Z

    DNV and Vietnam Register (VR) have recently signed a corporate agreement to strengthen both positions in the growing Vietnam market. The agreement outlines a co-operation in training and work sharing for single and dual classed vessels within newbuilding, ships-in-operation and certification of materials and components for the shipping industry within ...