All Motorship articles in Web Issue – Page 954
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News
Poland to revise shipyard strategy
The Polish government said it will revise plans for restructuring its shipyards, seeking to save 16,000 jobs. Under pressure from the European Commission, Poland said it will come up with a new strategy to rescue the three Baltic coast shipyards that doesn't violate European rules on government subsidies. The European ...
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Exmar completes first LNG STS
Exmar, the Belgian gas tanker operator with a diversified fleet of 50 ships, has successfully carried out the first commercial ship-to-ship (STS) transfer of LNG. A total of 20,650m³ of LNG was successfully transferred from the LNGRV Excelsior (130,800m³ built 2005) to Excalibur (138,000m³ built 2002) in in the Gulf ...
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Korean shipyards face BRIC challenge
Korean shipbuilders' earnings are forecast to improve through 2008 and beyond as the tight supply and demand balance allows them to pass on rising costs, said US-based investment bank Lehman Brothers in a report. Lehman's expects earnings at the shipyards to report a 64% growth over the 2006-2008 period as ...
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Northrop Grumman awarded DDG 1000
Northrop Grumman Corp. has been awarded a $95.8 million contract for the detail design of the US Navy's 21st century DDG 1000, formerly called the DD(X), destroyer. The contract, to be performed by the company's Ship Systems sector in Pascagoula and Gulfport, includes the detail design and procurement of any ...
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Third enhanced Enterprise drillship ordered
Chevron has awarded Transocean a drilling contract for the construction of an enhanced Enterprise-class drillship, the third such contract award for Transocean in 2006 and the second contract award from Chevron, following a five-year contract for the construction of the Discoverer Clear Leader announced in March 2006. The enhanced Enterprise-class ...
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Hyundai develops new LNG scaffolding
Hyundai Heavy Industries has developed a new membrane LNG scaffolding system based on modular design. Until now, the shipbuilder has used 256 scaffolding units when installing the membrane containment system in LNG carriers. However, thanks to the module unit method, the number of scaffolding units is reduced to 16. In ...
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Polish restructuring plans not convincing
The European Commission is still awaiting details from Poland on government subsidies for shipyards after warning Warsaw that failure to reply could force the EU to demand the troubled yards repay the funds. Poland missed a 31 August deadline to provide more information to prove that the aid was legal ...
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Guidelines for composite joints in ships
A new set of guidelines is now available summing up all the steps necessary to design, create, inspect and repair all types of bonded joints in ships. Cruise ships and other high-tech ships such as LNG tankers are increasingly utilising materials that cannot be cost-effectively joined by welding. Adhesive bonding ...
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PMA seeks revisions to ISM Code
According to an exclusive report by Fairplay, the Panama Maritime Authority (AMP) is to make recommendations to the International Maritime Organisation (IMO) that revisions be made to the ISM Code in particular with respect to the incorporation of drills that recreate real, practical scenarios.These recommendations come as the AMP presents ...
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Halul receives first Indian AHTS
Doha-based Halul Offshore Service Company (HOSC) received their latest new anchor handling tug supply vessel (AHTS), the Halul 24, which was built by Bharati Shipyard in India. This vessel is the first of four AHTSs ordered by HOSC as a part of modernising their fleet and Halul 24 will be ...
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STX clinches Russian PCs
STX Shipbuilding has clinched three product carriers from a Russian ship owner at a total value of $160 million. They will be delivered by May 2009.
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RCC buying Pullmantur
Royal Caribbean Cruises Ltd. is expanding in Europe and Latin America by purchasing Pullmantur, the largest cruise ship operator in Spain with five cruise ships.In addition to its cruise ships, Pullmantur has a tour operation that sells vacation packages to Caribbean resorts to Spanish customers, and European tour packages to ...
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Daewoo wins Angola order
Daewoo Shipbuilding clinched a DPP (Drilling and Production Platform) from Chevron Corp valued at $1.27 billion. The 85,000 tonne DPP will be the world?s largest offshore plant order in terms of value and the facility's size and will be delivered to Chevron?s subsidiary in Angola, Cabinda Gulf Oil Company, in ...
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Aker builds two more Nordcapital PSVs
Nordcapital Holding in Hamburg, Germany, and Aker Yards have signed a contract to build another two Platform Supply Vessels (PSVs) of the type UT 755 LN. The two newbuildings are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The ...
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Poland will give EU shipyard response
The future of Poland's shipyards featured high in the Polish prime minister?s meeting and press conference with EC president Jose Manuel Barroso. The issue is one of the most contentious in strained relations between Poland and the EU.Under EU rules, governments can support struggling businesses, but only if they can ...
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Hyundai expands Chinese facilities
Hyundai Corporation has completed the slipway construction of Qingdao Hyundai Shipbuilding Co., Ltd, an acquired shipyard in China, and announced its mid- to long-term development plan. The newly constructed ?number four? slipway has the capacity to build a 25,000 dwt ship.Hyundai has laid out plans to continuously expand its shipbuilding ...
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SFPA selects IBS for new vessel
Northrop Grumman has received orders to supply bridge navigation and communication electronics for a new offshore fisheries patrol vessel under construction for the Scottish Fisheries Protection Agency (SFPA). The equipment, to be supplied by Northrop Grumman?s Sperry Marine business unit, will include a complete networked system that ties together all ...
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Dolphin dives into ship-building
Dolphin Offshore Enterprise (DOE) in Mumbai, India, is in negotiations with three Gujarat-based companies to acquire a shipyard. DOE is having discussion with Gujarat government owned Alcock Ashdown besides two privately held companies based in the state including one in Jamnagar.DOE plans to invest $35 million in buying ships and ...
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Steel distributors interested in Polish yards
KEM and Zlomrex, which deal in steel and scrap trade, have expressed an interest in investing capital in, respectively, Gdanska and Szczecinska Nowa shipyards. They are the latest in a growing number of private investors interested in the booming shipyard market. Several months ago, Roman Karkosik said he was interested ...
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KDB to unveil Daewoo sale
Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering DSME), will announce in early 2007 a plan to sell the world's No. 2 shipbuilder, the bank's governor said on Monday. State-run KDB and government restructuring agency KAMCO jointly own half of the shipbuilder, one of former ...
