All Motorship articles in Web Issue – Page 933

  • News

    MOL orders handy capers

    2006-12-22T00:00:00Z

    MOL in Japan placed a new order for two 116,000 DWT bulk carriers with Sanoyas Hishino Meisho shipyard for delivery in 2009 and 2010 respectively. Ship design of the bulk carriers was jointly developed by MOL and the Japanese shipbuilder.The new vessels are dubbed "handy Cape" types, because of her ...

  • News

    MHI on the up

    2006-12-21T00:00:00Z

    Mitsubishi Heavy Industries (MHI), Japan's largest shipbuilder, said it has received orders for 23 vessels totalling 1.48 million gross tons in 2006, up from 21 vessels weighing 1.08million gross tons a year earlier.On a deadweight tonnage basis, orders reached 1.20 million tonnes this year, rising from 1.12 million in 2005. ...

  • News

    Vinashin and Songsan jv

    2006-12-21T00:00:00Z

    State-run shipbuilder Vinashin in Vietnam has joined forces with South Korea?s Songsan Company to form a joint venture to produce steel structures for shipbuilding. The Songsan-Vinashin JV will invest $35 million to build a factory in the northern Hai Duong Province.The steel mill is set to come on stream in ...

  • News

    PUM wins first FPSO conversion

    2006-12-21T00:00:00Z

    Pan-United Marine Limited (PUM) in Singapore has clinched its first conversion contract for a FPSO tanker owned by the Norwegian company Norwegian Nortechs FPSO Pte Ltd (Nortechs). The contract to convert the 55,230 DWT tanker East Fortune is valued at $7.1 million.This order follows the company's receipt of seven shipbuilding ...

  • News

    Odense building for Danish Navy

    2006-12-21T00:00:00Z

    Odense Steel Shipyard in Denmark has entered into a contract with the Danish Naval Material Command for 3 patrol vessels for the Danish Navy. The vessels will be delivered in the period 2010-2012.Design and construction of the vessels has since 2004 been performed in close corporation between Odense Steel Shipyard ...

  • News

    Asmar builds Icelandic OPV

    2006-12-21T00:00:00Z

    An Oceanographic Patrol Vessel (OPV) designed for patrol operations in the North Atlantic was ordered by the Icelandic Coast Guard from the Chilean shipbuilder ASMAR - Shipbuilding and Ship Repair Company.This 93.65 metre multi-functional coast guard vessel is designed by Rolls-Royce Norway and the company will also provide some of ...

  • News

    Russia reorganizing shipbuilding

    2006-12-20T00:00:00Z

    The Russian government will soon adopt a strategy for the development of shipbuilding until 2020, which envisions the creation of three major shipbuilding holdings, the defense minister said Tuesday.Three shipbuilding holdings will be set up in 2007, Russian Deputy Prime Minister and Defense Minister Sergei Ivanov told journalists following a ...

  • News

    Quintana gets Pascha

    2006-12-20T00:00:00Z

    Athens-based Quintana Maritime Limited has taken delivery of a Kamsarmax bulk carrier, named Pascha, from the Japanese shipbuilder Tsuneishi. Pascha has a carrying capacity of 82,300 DWT and is the tenth of the fourteen Kamsarmax vessels the company has agreed to acquire from Metrobulk. Stamatis Molaris, President and Chief Executive ...

  • News

    Vinashin secures local FSO order

    2006-12-20T00:00:00Z

    The Vietnam Shipbuilding Industry Group (Vinashin) has signed a contract to supply a floating storage and offloading (FSO) unit worth $110 million to the Vietnam Petroleum Technical Service Company (PTSC). "This is our biggest ever shipbuilding contract signed with a local partner," said Vinashin CEO Pham Thanh Binh. Binh said ...

  • News

    Essar to invest in drilling rigs

    2006-12-20T00:00:00Z

    Essar Shipping and Logistics in India said it will invest $400 million to acquire onshore and offshore oil drilling rigs. The Cyprus-registered firm has formed Essar Oilfields Services Ltd (EOSL) to focus on international and Indian onshore and offshore oil and gas drilling business."EOSL's investment plan includes acquisition of a ...

  • News

    Guanghzou wins Danish jobs

    2006-12-20T00:00:00Z

    Guanghzou Shipyard International in China has clinched eight 39,000DWT product/chemical tankers from A.P. Moller-Maersk. The shipbuilder also signed a new order for four 39,000DWT product/chemical tankers from Torm in Denmark

  • News

    Korea Line orders bulker

    2006-12-20T00:00:00Z

    Korea Line has ordered a 58,500DWT bulk carrier from a Japanese shipbuilder at a cost of $35 million. Delivery is scheduled during 2009.

  • News

    Keppel building concrete heavy lifter

    2006-12-20T00:00:00Z

    Keppel Offshore & Marine Limited (Keppel O&M) through its wholly owned subsidiary in Netherlands, Keppel Verolme BV, has secured a $185 million contract to build a floating heavy lifter for the decommissioning of offshore structures. The contract caters for additional work on the vessel, which if awarded, may potentially increase ...

  • News

    IMO adopts safety measures

    2006-12-20T00:00:00Z

    A raft of new international standards for passenger ship safety was adopted when IMO's Maritime Safety Committee (MSC) met in Istanbul, Turkey, for its 82nd session from 29 November to 8 December 2006. Other important issues on the MSC agenda included the further development of goal-based standards and discussion of ...

  • News

    STX launches a dozen using SLS technology

    2006-12-19T00:00:00Z

    STX Shipbuilding in South Korea's has built 12 ships this year using its self-developed non-dock shipbuilding technology called "Skid Launching System (SLS)." The 12th SLS-based 51,000 DWT product tanker was launched after only 30 days of work at its Jinhae yard, the shortest construction period in the world according to ...

  • News

    Merger creates worlds largest

    2006-12-19T00:00:00Z

    Statoil and Norsk Hydro, both from Norway, have announced plans to merge their offshore operations in a $29.4 billion deal today. This merger will create the world?s largest offshore oil producer responsible for 80% of output in the Norwegian North Sea.Norway?s prime minister Jens Stoltenberg welcomed the Statoil-Hydro deal as ...

  • News

    NMB to buy new ships

    2006-12-19T00:00:00Z

    NMB, Bulgaria's national maritime fleet, will take out a $70 million loan from HSH Nordbank AG for the purchase of 3 new vessels, said executive director Hristo Donev. The company is trying to address the problem of its ageing fleet and related high maintenance costs. NMB, which has decommissioned 5 ...

  • News

    Russia to boost shipbuilding market share

    2006-12-19T00:00:00Z

    Russia will account for two percent of the world's shipbuilding market by 2020, Deputy Industry and Energy Minister Andrei Reus told a governmental commission meeting that he expects the domestic shipbuilding industry's output to be up 1.5 times by 2010 and 2.2 times by 2015. Meanwhile, commercial shipbuilding growth should ...

  • News

    Greatship India battles with GOL

    2006-12-19T00:00:00Z

    Greatship (India), a wholly-owned subsidiary of Great Eastern Shipping Company (GE Shipping) is competing with Great Offshore (GOL), the demerged entity of GE Shipping, over the offshore vessels contract of Oil and Natural Gas Corporation (ONGC). Both the companies have submitted bid for ONGC's major tender for 30 offshore support ...

  • News

    DCN approves merger with Thales

    2006-12-19T00:00:00Z

    The board of France?s state-owned naval shipyards DCN has approved a tie-up with defence electronics group Thales that will make it one of Europe?s three biggest shipbuilders. "This project will allow the reinforcement of the French naval industry," DCN said in a statement adding that it served "customers all over ...