All Motorship articles in Web Issue – Page 960
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News
PDVSA to build shipyard
Venezuela's state-owned Petroleos de Venezuela (PDVSA) has signed a letter of intent with Brazilian construction company Andrade Gutierrez to build a shipyard in Venezuela in order to strengthen the maritime transportation system. Construction of the shipyard will begin in 2007 with ship building commencing in 2009. PDVSA plans to build ...
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Sungdong wins Greek box quintet
South Korea?s Sungdong Shipbuilding and Marine Engineering has won one of its largest newbuilding contracts from Greek ship owner Danaos Shipping. The deal for five 6,500 TEU container ships is believed to be worth about $500 million.
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ShipConstructor releases new software
ShipConstructor Software Inc. (SSI), developer of the leading AutoCAD-based 3D product modeling and production planning software suite ShipConstructor, has released their latest software version ?ShipConstructor 2006?. Their ?Database Driven Relational Object Model? (DDROM), provides a quantum leap in the design for production process. ShipConstructor?s DDROM gives flexibility and control by ...
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Hellespont Pride named
Hellespont Hammonia, a joint venture between the Piraeus-based Hellespont Group and the Hamburg shipowner Peter Doehle Schiffahrts KG, has completed the naming of the Hellespont Pride, one of six tankers under construction for the company at New Century Shipbuilding in Jingjiang, China. The 73,400 dwt Panamax product carrier, the first ...
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Venezuelan shipyards left out of Pdvsa orders
Venezuelan state oil holding Pdvsa on Wednesday informed that Argentine shipyard R?o Santiago (ARS) started, together with Pdvsa marine affiliate PDV Marina and Venezuelan Dikes and Shipyards (Dianca), the construction of the first out of four oil tankers ordered from Argentina. However, Dianca workers' union claimed on Thursday that they ...
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CNN is good news for Sestao
Spanish shipbuilder Construcciones Navales del Norte (CNN), the successful bidder for the assets of Sestao's La Naval shipyard in Bilbao, forecasts earnings of 200 million euros a year over the next five years, with the current workload under contract (two dredgers, five cargo vessels and a methane tanker under construction), ...
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US Senate threatens LCS plans
Acquisition plans for the U.S. Navy?s Littoral Combat Ship (LCS) program could fall one year and two ships behind if the Senate Appropriations Committee?s recommendations are passed by the full Congress.The committee recommended halving the Navy?s request for two LCS ships in 2007, citing Congressional Research Service (CRS) estimates that ...
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Ruia Group ventures into shipbuilding
Jessop & Co, part of the Ruia Group in India, is planning to acquire about 1,500 acres in Haldia, West Bengal, to set up a dry dock for a ship-building and repairing project, which will involve an investment of around $260 million. The Ruia Group decided to set up its ...
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Mipo wins four PCs
Hyundai Mipo Dockyard in South Korea clinches four 52,000DWT product carriers from Greek owner Eletson. Total contract price is $184 million and all will be delivered by April 2010.
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Tsuneishi clinches five PCTCs
Tsuneishi Shipbuilding in Japan clinched five 5,100 unit car carriers from a domestic ship owner for delivery by the first half of 2009. Three of the five vessels will be operated by NYK Line in Japan.
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Multraship orders carousel tugs
Dutch salvage and towage company Multraship Towage & Salvage has ordered two innovative combi-tugs from Malaysian shipbuilder Nautica Nova Shipbuilding & Engineering (NNSE) which incorporate the unique Carousel towing system and which will address directly the needs of big ships requiring escort facilities into harbours and rivers. The first of ...
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CSE moves for bankruptcy protection
Canadian Shipbuilding & Engineering Ltd. (CSE) has suspended its shipbuilding operations after announcing plans to restructure under the Bankruptcy and Insolvency Act. CSE operates Port Weller Dry Docks and Canal Marine in St. Catharines and Pascol Engineering in Thunder Bay. The company blamed cost overruns related to the development of ...
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Argentina starts on PDVSA tanker
Argentine?s R?o Santiago shipyard in Ensenada, Buenos Aires, has started construction of the first of the four oil tankers ordered by the Venezuelan state oil firm Pdvsa. The 47,000 dwt vessel will be named ?Eva Perón? and the total cost of the four newbuildings will be over $200 million.
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Aker Promar and Chouest invest in Rio region
Aker Promar reportedly plans to invest $45.7 million in the construction of a new shipyard in the northern region of Rio de Janeiro state. This will be Aker Promar's second shipbuilding facility in Brazil and will have the capability to build and carry out maintenance on large vessels and oil ...
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Straits forecast launched
A revolutionary information service to improve Straits shipping has been launched in Singapore. The product, called STRAITSFORECAST, is now available to shippers, shipping agents, port authorities and professionals. It will provide high-quality information and risk-management tools to manage efficiency, safety, security and environmental performance in the busy waters of the ...
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STX clinches three tankers
STX Shipbuilding has won an order from an unidentified Turkish owner for three tankers at the price of $204 million. Delivered is slated by May 2009.
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Changbaidao project
Work on the Zhoushan Changbaidao project in China has been given the go-ahead. The project is to build a drydock of 400m in length and 106m in breadth in order to build and repair offshore rigs and FPSOs.Total investment will be $99.5 million and, when completed, will be able to ...
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Sungdong clinches boxships
Danaos in Greece placed an order for five 6,500TEU container ships with Sungdong Shipbuilding for delivery during 2009. Total contract price is around $500 million.
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Baoshan building Shanghai plant
Baoshan Iron & Steel Co, China's largest steel mill, started construction of a $750 million project to make special alloy plates and coils in Shanghai. "This is to meet the growing demand from such industries like aerospace, shipbuilding, nuclear power plants and large-scale oil and gas field exploration, all of ...
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SembMarine bags gas platform
SembCorp Marine in Singapore has clinched a contract to build a gas production platform to be installed offshore in Brazil. The deal is worth $550m and the platform will be built by its Brazilian shipyard Maua Jurong for Companhia Mexilhao do Brazil. Construction of the gas platform will start immediately ...
