All Motorship articles in Web Issue – Page 955

  • News

    Steel distributors interested in Polish yards

    2006-08-30T00:00:00Z

    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 ...

  • News

    KDB to unveil Daewoo sale

    2006-08-30T00:00:00Z

    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 ...

  • News

    Makin Island christened

    2006-08-30T00:00:00Z

    The United States Navy recently christened the Makin Island (LHD 8) amphibious assault ship in Pascagoula, Miss. at Northrop Grumman Ship Systems. The Makin Island, which is powered by two GE LM2500+ gas turbines coupled with GE main reduction gears, was design and built by Northrop Grumman.According to Karl Matson, ...

  • News

    State stalling ferry purchase

    2006-08-29T00:00:00Z

    A Tacoma shipbuilder has filed a claim against the state Department of Transportation and Washington State Ferries alleging they have intentionally stalled the purchase of four new ferries to replace ships that are nearly 80 years old.J.M. Martinac Shipbuilding also claims that Transportation Secretary Doug MacDonald has waged a vendetta ...

  • News

    CSE seeks funding and labour costs cuts

    2006-08-29T00:00:00Z

    Canadian Shipbuilding & Engineering Ltd. (CSE) will seek government money, cut labour costs and restructure before resorting to a sales process if necessary, the monitor overseeing its bankruptcy protection said in court documents. CSE was formed 20 years ago by the merger of the shipbuilding and repair divisions of two ...

  • News

    Pan-United secures Malaysian contracts

    2006-08-29T00:00:00Z

    The Singapore shipbuilder Pan-United Marine has won two shipbuilding contracts worth $25 million from Malaysia's leading offshore fleet operator Bumi Armada Navigation. The contracts involve the construction of two maintenance work vessels and are the third and fourth vessels ordered by Bumi Armada. They will be built in Pan-United Marine's ...

  • News

    BV links up with VR

    2006-08-29T00:00:00Z

    Bureau Veritas (BV) has joined forces with the growing Vietnam Register (VR)and have agreed to co-operate on the following services:classification/certification surveys of construction, transformation and major repairs of vessels and offshore structures, holding or intended to hold the dual classification/certification VR/BV, or the single classification/certification VR or BV ;classification/certification surveys ...

  • News

    Saigon Shipmarin to build first export vessels

    2006-08-29T00:00:00Z

    The Saigon Shipbuilding and Maritime Industry Company (Saigon Shipmarin) signed a contract with Japan's Kanematsu Corp. to build two 6,500-tonne general cargo vessels. These are the first vessels that the shipyard, a member Vinashin, will be building for export. The first vessel is expected to be handed over in March ...

  • News

    Davie shipyard assets to be liquidated

    2006-08-29T00:00:00Z

    Norway's Teco Management has failed to meet the conditions for the purchase of the struggling Davie Industries shipyard in Canada and the trustees behind the facility say it will be liquidated. Thibault Van Houtte and Associates Ltd., the trustees of the shipyard, said in a statement that Teco did not ...

  • News

    Hanjin bags another two boxships

    2006-08-29T00:00:00Z

    Hanjin Heavy Industries & Construction Co in South Korea has received an order to build two 3,100 TEU container vessels from A.P. Moeller-Maersk A/S for $124 million. The ships will be delivered by the end of September 2009.With this latest contract, Hanjin Heavy now has an order backlog to build ...

  • News

    Aker inks Island Offshore pair

    2006-08-29T00:00:00Z

    Aker Yards ASA has signed contracts worth a combined $96 million with Island Offshore in Ulsteinvik, Norway, to deliver two new oil services vessels. The contracts are for a 78.3 metre UT 712 L anchor handling tug supply vessel, while the second is for a 93 metre UT 776 CD ...

  • News

    Thales, DCN near agreement

    2006-08-29T00:00:00Z

    Thales and French state shipyard DCN are close to a long-awaited agreement on a tie-up and an announcement is likely in October.

  • News

    EU adopts tough stance on Polish yards

    2006-08-29T00:00:00Z

    The future of Poland?s shipyards was called into doubt yesterday in a stand-off between Brussels and Warsaw over hundreds of millions of euros of state aid. Neelie Kroes, EU competition commissioner, has given Warsaw until the end of the week to justify the state support by setting out restructuring plans ...

  • News

    UASC orders 8 ships from Hyundai

    2006-08-29T00:00:00Z

    The United Arab Shipping Company (UASC) has signed a contract with South Korea's Hyundai Heavy Industries Company Limited (HHI) to build eight 6,500 TEU container ships at a cost of $835 million. UASC will start taking delivery of the 25. knot ships from March 2008 and the delivery will be ...

  • News

    SK to order a VLGC

    2006-08-25T00:00:00Z

    SK Shipping in South Korea has decided to order an 82,000 cbm LPG carrier at a contract price of $88.4 million. Shipbuilder is not decided yet.

  • News

    Ruia floats shipyard proposal at Haldia

    2006-08-25T00:00:00Z

    Indian industrialist Pawan Ruia has stepped into the shipping sector with a proposal to set up a shipyard in a 2000-acre area at Jelingham in Haldia at a total cost of Rs 3,000 crore. Ruia will fund Rs 400 crore while the rest will be raised from commercial banks and ...

  • News

    Eidesvik exercises option

    2006-08-25T00:00:00Z

    Eidesvik Offshore ASA has exercised its right with Westcon shipbuilder in ?lensvåg, Norway, to build its third platform supply vessel (PSV) type VS 493 LNG-AVANT. The value of the contract is approximately NOK 325 mill and delivery is slated for 2nd quarter of 2008.This will be the third natural gas ...

  • News

    CMA CGM orders boxship quartet - ndh

    2006-08-25T00:00:00Z

    CMA CGM has placed a new order for four 6,500TEU container ships at the price of $420 million with Hanjin Heavy Industries. Ship particulars are 300m in length, 40m in breadth and 24.6m in depth with a service speed of 25.6 knots. They will be delivered by September 2009.

  • News

    Bibby orders Topaz

    2006-08-25T00:00:00Z

    Bibby Offshore Ltd, the Aberdeen based Subsea Contractor, part of Bibby Line Limited of Liverpool, has placed an order for a second new-build diving support vessel (DSV) to the market, following on from the ?Bibby Sapphire? conversion which delivered in the first quarter 2005. The new vessel, named Bibby Topaz, ...

  • News

    Another Rem order for Kleven

    2006-08-25T00:00:00Z

    Rem Maritime in Norway has ordered another UT712L anchor handling tug (AHTS) from Kleven Verft in Ulsteinvik, Norway. The vessel will be identical to two more vessels already under construction at Kleven for Rem Maritime and the value of the contract is $47 million. The vessel is 78.3m long, with ...