All Motorship articles in Web Issue – Page 947
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News
Davie shipyard going Norwegian
The Davie Industries shipyard in Lévis, Quebec in Canada, has avoided liquidation and finally found a buyer. Teco Management of Norway will invest $13 million to buy the facility, while the Quebec government will guarantee half of a $15.5-million loan which is conditional on the company having a payroll of ...
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Clyde yards threatened
Plans for two Clyde-built Type 45 destroyers could be scrapped by the UK?s Ministry of Defence as part of a long-term £12bn budget cut demanded by the Treasury ahead of next year's Whitehall departmental spending review.Six of the advanced air-warfare ships have already been ordered, with one launched and two ...
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BAE, VT resume merger talks
BAE Systems and VT Group have resumed talks to combine their shipbuilding operations according to news paper reports. The assets that are expected to be merged include BAE's yards at Barrow-in-Furness, Scotstoun and Govan on the Clyde, and VT's dock in Portsmouth.
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Austal expands US plant
Western Australian shipbuilder Austal plans to increase significantly the capacity of its US manufacturing plant as the company ramps up its operation to meet forecast demand from the US defence sector. Austal expects to receive an order for a second littoral combat ship (LCS) in the near future and the ...
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Anti-fouling foot-dragging unacceptable
The International Convention on the Control of Harmful Anti-fouling Systems on Ships was adopted on 5 October 2001. But to date only 17 out of 166 IMO member states have ratified the Convention. The IMO Secretariat has recently submitted a paper strongly urging member states to ratify the Convention; but ...
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Swee Joo acquiring more ships
The Sarawak-based shipping company Swee Joo Bhd may acquire more than five vessels over the next 15 months in anticipation of growth in the palm oil industry in East Malaysia and an increase in trade activities within the Asian region.Swee Joo, which is a market leader for domestic containerised cargo ...
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Wärtsilä acquires Swedish shipyard
Wärtsilä has signed an agreement to acquire the entire business of the Swedish company Stockholms Fartygsreparationer AB. The agreement is worth 7.5 million Swedish krona (EUR 0.8 million). Stockholms Fartygsreparationer handles all types of ship repair on the eastern coast of Sweden and in 2005 had net sales of 8 ...
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PRS granted EU recognition
The Polish classification society Polski Rejestr Statków (PRS) has been granted European Community limited recognition, following the publication of European Commission (EC) Decision 2006/660/EC on 29 September 2006. Limited recognition applies to a classification society that satisfies all the requirements of amended EU Directive 94/57/EC, covering ship inspection and survey ...
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Keppel inks conversion and newbuilding contracts
Keppel Offshore & Marine Limited (Keppel O&M) has secured contracts worth a total of $132 million to carry out the conversion of two floating production storage and offloading (FPSO) facilities and the construction of five Anchor Handling Tug/Supply vessels. The conversion contracts were clinched by Keppel Shipyard from regular customers, ...
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Bohai wins four PCs
Bohai Shipbuilding in China clinched order for four product carriers from Nanjing Oil Tankers. The order consists of two 46,000DWT and two 49,000DWT product carriers and deliveries are scheduled between from June to September 2010.
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Aker wins order for ropax
The departmental council of Morbihan (Brittany, France) has confirmed the option to build a second Ropax vessel at Aker Yards, Lorient, a shipyard located in Lanester, Morbihan. It is a sister ship to the ?Bangor? delivered in June 2006. With a capacity of 450 passenger and 32 cars, the newbuilding ...
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Code of Practice for PSC officers adopted
The Port State Control Committee of the Tokyo MOU has adopted a Code of Practice for PSC Officers in line with the Paris MOU. The Code is aimed at ensuring "integrity, professionalism and transparency" in the conduct of Port State Control (PSC) inspections, the Committee said in a press statement. ...
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India sets up world-class shipyards
Two shipyards of international standards are being planned in India and, when completed, they will have the capability to build vessels in excess of 300,000 dwt. At a cost of $656 million each, the intention to build these shipyards will be formally flagged up within the next two weeks when ...
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Indian shipowners in expansion mode
The state-owned Shipping Corporation of India (SCI) will seal a deal later this month to r acquire six ships at an estimated total cost of over $1 billion. Sources close to development said SCI has plans to acquire 35 more vessels, which requires an investment of $1.3 billion. The company ...
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CSSC enters yacht building market
China State Shipbuilding Corporation (CSSC) and the government of the Fengxian District of the Municipality of Shanghai have signed an outline agreement to establish the country?s largest yacht building facility, in the southern part of the Fengxian District of Shanghai, on the bay of Hangzhou. The first section will occupy ...
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Gdansk demands Gdynia assets
The Gdansk shipyard in Poland wants to acquire part of the assets of its former owner to compensate its debts. This, however, may deter potential investors for Stocznia Gdynia shipyard. The first court settlement proceeding will be held in Gdansk. Stocznia Gdanska is demanding that Stocznia Gdynia pays back its ...
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ABG into rig production
With oil exploration and production on the increase, Indian shipbuilder ABG Shipyard is planning to foray into offshore jack-up rig manufacturing. The company is setting up a facility for the production of jack-up rigs at its new shipyard in Dahej, Gujarat."We are in talks with two US-based oil rig manufacturers ...
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Daewoo 2011 strategy
Daewoo Shipbuilding has announced its ?2011 Medium Term Strategy? which aims to earn $15.6 billion in turnover by 2011. To achieve the goal, DSME will build 75 commercial ships from shipyards in Korea and abroad with a turnover of $8.3 billion, five offshore facilities at a value of $3.1 billion ...
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Third TMT LNG for Daewoo
Taiwan Maritime Transport (TMT) has placed an order for a third LNG carrier with Daewoo Shipbuilding & Marine Engineering (DSME) as part of a package of contracts worth $430m. The yard did not give a value for the LNG carrier, but brokers indicated it cost about $234m. The ship, to ...
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KOTC to order VLCCs
Kuwait Oil Tanker Company (KOTC) plans to build four new crude oil tankers with a total capacity of 1.2 million tonnes. According to the report, each tanker will cost between $120 million to $130 million, depending on technical specifications, while the previous cost was $100 million per tanker. KOTC will ...
