All Motorship articles in Web Issue – Page 959

  • News

    Shipyard split

    2006-08-07T00:00:00Z

    The state-owned Industrial Development Agency (ARP) in Poland has signed a deal with Gdynia Shipyard that will allow it to take over the Gdansk Shipyard, previously owned by the Gdynia yard. ARP acquired one-third of Gdansk shipyard's shares expects to come into possession of the remaining shares by the end ...

  • News

    Savannah to get rehab

    2006-08-07T00:00:00Z

    The 1962 built ?Savannah?, the world's first nuclear-powered cargo and passenger ship is being rescued from a floating graveyard in Virginia and restored as a possible museum. Colonna's Shipyard of Norfolk, Va., won a $995,000 contract to repair and spruce up the vessel that has been anchored for years among ...

  • News

    East Isle yard wins tug order

    2006-08-07T00:00:00Z

    The Prince Edward Island government in Canada is lending $3.6 million to the Quebec towing company Ocean Group Inc so it can order two new tugs from East Isle Shipyard in Georgetown. Ocean is the principal provider of towing services in the Port of Quebec, but also carries out maritime ...

  • News

    COSCO wins first FSO contract

    2006-08-07T00:00:00Z

    The Chinese COSCO Shipyard Group, a company engaged in ship repair and conversion, has secured its first Floating Storage and Offloading Unit (FSO) new building and conversion contracts. The three contracts, which will involve the construction of an FSO vessel, the conversion of six single hull vessels to double hulls, ...

  • News

    WSDOT to build four ferries

    2006-08-07T00:00:00Z

    The Washington State Ferries (WSF) is building four new ferries to replace older vessels that are being retired. Some are nearly 80 years old. The newbuildings will carry 144 cars, and will be similar to the ?Issaquah? class vessels, the most reliable, popular and versatile vessels in the fleet. New ...

  • News

    Keppel lands Brazilian rig contract

    2006-08-07T00:00:00Z

    Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel FELS Limited (Keppel FELS), has secured a groundbreaking contract to design and build its first drilling rig for deployment in Brazilian waters. The $270 million contract from Brazilian drilling contractor Queiroz Galv?o Perfura?ões (QGP) is to build a semi submersible drilling ...

  • News

    Todd awarded excavator barge contract

    2006-08-07T00:00:00Z

    Todd Pacific Shipyards Corporation was awarded a contract by Washington Group International/Alberici, a joint venture, under their contract with United States Army Corp of Engineers, to construct and deliver one custom built excavator barge to serve as a work platform for a deep digging excavator on the Ohio River. The ...

  • News

    Aker and Kleven finalize agreement

    2006-08-07T00:00:00Z

    Aker Yards has today finalized the transaction with Kleven Maritime to acquire Kleven Flor? AS and Kleven Design AS. The previously announced joint venture with Damen Shipyard Group in Ukraine creates an opportunity for Aker Yards to utilize the Kleven tanker know-how in order to develop a new highly competitive ...

  • News

    Russia trials new submarine

    2006-08-04T00:00:00Z

    Admiralty Shipyards, a St. Petersburg-based company, has started the second round of sea trials of a new diesel-electric submarine. The ?St. Petersburg?, a Project 677 or Lada-class diesel submarine, was designed by the Rubin design bureau and conducted factory sea trials in December 2005. The submarine, whose export version is ...

  • News

    Hope for Swan's

    2006-08-04T00:00:00Z

    Swan Hunter?s Wallsend shipyard on the Tyne river in the UK could yet see the return of shipbuilding work after owner Jaap Kroese said he would be bidding for a contract with a Scandinavian company. If successful, Swan's would be a sub-contractor to a Dutch company called Centraal Staal, and ...

  • News

    Posco interested in DSME

    2006-08-04T00:00:00Z

    South Korea?s steel manufacturer, Posco, the world's fourth-biggest steelmaker, said it's interested in acquiring Daewoo Shipbuilding & Marine Engineering (DSME). "We are looking with interest on a takeover but nothing has been considered," Posco said in a statement today, without elaborating. State-owned Korea Development Bank and Korea Asset Management Corp., ...

  • News

    E.R. Schiffahrt introduces latest giant boxship

    2006-08-04T00:00:00Z

    The Hamburg based shipping company E.R. Schiffahrt has put another container ship into service. The "E.R. Toronto" is a super-post-Panamax newbuilding with a container capacity of 8,204 teu. This is part of the planned continuation of the newbuilding programme and by 2008, there will be a further 13 vessels with ...

  • News

    Shanghai Chengxi clinches two box ships

    2006-08-04T00:00:00Z

    Shanghai Chengxi Shipyard in China clinched two 3,500TEU container ships from NV in Germany for delivery during 2009.

  • News

    Aker and Damen finalize Okean JV

    2006-08-04T00:00:00Z

    Aker Yards and Damen Shipyards Group have finalized the process of establishing joint ownership of the Damen Shipyards Okean in Ukraine, as announced on June 2 2006. The plans involve increasing the output capacity of the yard to 60,000 tonnes per year, and will contribute to a strengthened shipbuilding capacity ...

  • News

    Eletson orders MR product tankers

    2006-08-03T00:00:00Z

    The Greek shipping company Eletson has signed a newbuilding contract with Hyundai Mipo Dockyard in South Korea for the construction of four 52,000 dwt hi-spec medium range product tankers. The vessels are scheduled for delivery during the second half of 2009 and the first quarter of 2010. The contract includes ...

  • News

    Chinese yards win bulkers and boxships

    2006-08-03T00:00:00Z

    Jiangsu Shipbuilding clinched four 4,250TEU container ships from Schlueter at a price per unit of around $59 million. They will be delivered during 2009.Oltmann in Germany placed an order for four 4,250TEU container ships with Zhejiang at a total contract price of $240 million. Ship particulars are 265m in length, ...

  • News

    Offshore crane barge for Ezra

    2006-08-03T00:00:00Z

    Singapore?s Ezra Holdings Limited said its wholly-owned subsidiary, Lewek Shipping Pte Ltd, has awarded a contract to Labroy Shipbuilding Offshore Ltd for the building of a 92.3 metre accommodation work and crane barge at a contractual value of $8.85 million. This excludes the cost of certain owner furnished equipment.When completed, ...

  • News

    Quintana takes delivery of its first Kamsarmax

    2006-08-02T00:00:00Z

    Quintana Maritime Limited based in Greece took delivery of its first Kamsarmax bulk carrier ?Iron Vassilis? from the Japanese shipbuilder Tsuneishi. The 82,257 dwt newbuilding is on charter to Bunge S.A., a wholly owned subsidiary of Bunge Ltd until December 2010. ?Iron Vassilis? is the first of seventeen vessels that ...

  • News

    China Cosco shipyard expansion

    2006-08-02T00:00:00Z

    Cosco Shipyard Group (CSG), China?s largest shipyard company, is expanding three of its seven shipyards at a cost of $113 million in order to boost its capacity in China. The expansion of shipyards in Zhoushan, Nantong, and Guangzhou will reportedly be completed in one year, boosting capacity by 28%, according ...

  • News

    SembMarine buoyant earnings

    2006-08-02T00:00:00Z

    SembCorp Marine in Singapore has reported a 69% year-on-year increase in its first half profit to over $62 million. For the second quarter alone, its net profit rose 66% to nearly $37 million, while revenue more than doubled to $657 million. The company is benefiting from the growing demand for ...