All Motorship articles in Web Issue – Page 966

  • News

    Halifax lives in hope

    2006-06-28T00:00:00Z

    If the Halifax lead team is selected to design and build joint supply vessels for the Canadian navy, it would mean sustained work for team members, an Irving spokeswoman said Monday. This follows an announcement by the federal government that $2.6 billion program to build and maintain three new joint ...

  • News

    More VLCCs for Frontline

    2006-06-28T00:00:00Z

    Frontline has ordered four VLCC newbuildings at Jignan Shipyard in China for delivery 2009 and onwards. Two of these originally newbuilding contracts have in the second quarter been sold to third party including an element of profit. Frontline has subsequently to this sale entered into further two newbuilding contracts including ...

  • News

    Stena lengthens North Sea ferries

    2006-06-28T00:00:00Z

    Stena Line is investing approximately $128 million on its two superferries, the Stena Hollandica and the Stena Britannica, which operated on the Harwich to Hoek van Holland route. Both ships will be lengthened to 240 metres making them the largest RoPax vessels in the world. The investment is Stena Line's ...

  • News

    Nepline to purchase double-hulled tankers

    2006-06-28T00:00:00Z

    Nepline Bhd in Selangor, Malaysia, is actively sourcing for suitable double-hulled tankers for acquisition in order to improve its revenue. The company?s overseas subsidiary, Nepline (Singapore) Pte, has sealed a $12 million shipbuilding contract for the construction of one, plus one option, 7,000 dwt double-hulled oil product tanker from China. ...

  • News

    New small-bore engines from MAN B&W

    2006-06-28T00:00:00Z

    New small-bore engines from MAN B&WMAN B&W Diesel has introduced two new engines S35ME-B and S40ME-B, a new addition to its small-bore diesel engines, upgrading the 35MC and 42MC engines to top-of-the-line electronically controlled engines that provide better economy, management and manoeuvrability. Market investigation into this segment, including careful examination ...

  • News

    Vietnam moving into big-ship league

    2006-06-28T00:00:00Z

    The Pha Rung Shipbuilding Company, part of Vinashin, recently started the construction of a 20,000 dwt cargo ship. This is the first cargo ship of this size to be designed by and built under supervision by Vietnam. The ship is 168.37 metres long, 25 metres wide and 12 metres high. ...

  • News

    Tenix in survival battle

    2006-06-28T00:00:00Z

    Speculation has again arisen about the long-term future of the Tenix Williamstown shipyard after the final Anzac frigate was delivered to the Royal Australian Navy (RAN) last week.Tenix is building two patrol boats for the Royal New Zealand Navy and is involved in a $2 billion joint bid with Spanish ...

  • News

    Lockheed Martin to build another LCS

    2006-06-28T00:00:00Z

    Lockheed Martin has won a $198 million contract to build the third Littoral Combat Ship (LCS) for the U.S. Navy, the second LCS to be built by the Bethesda, Maryland-based firm. Virginia-based General Dynamics Corp is also building a LCS ship, the LCS No. 2. Lockheed said it would begin ...

  • News

    Cosco orders 8 boxships

    2006-06-28T00:00:00Z

    China Cosco Holdings Co, owner of China's second-largest container shipping line, has placed a $516.8 million order for eight new 5,100 teu container carriers. The shipbuilder is Jiangnan Shipyard, a unit of China State Shipbuilding Corp, and the first two would be delivered in June 2009 and the remaining six ...

  • News

    Farstad orders construction vessel

    2006-06-27T00:00:00Z

    Aker Yards has entered into a contract with Farstad Shipping for the building of a construction vessel with a value of approximately $135 million.The vessel is a new UT-design from Rolls-Royce and has been given the designation UT 761 CD. With a total length of 121.5 metres and breadth of ...

  • News

    Malaysia invests in new shipyard

    2006-06-26T00:00:00Z

    The Perak government in Malaysia has approved a land area of 69.76 hectares in Sungai Manjung, Lumut, on the west coast, for carrying out shipyard operations. About 24 hectares of the area was approved for Perak Shipbuilding & Engineering Sdn Bhd (PSESB), a subsidiary of the local shipping company of ...

  • News

    Japanese steel makers to hike price

    2006-06-26T00:00:00Z

    Japanese steel makers are trying to hike the price of thick steel plate for shipbuilding by $43 per tonne for all deliveries from October onwards. Price negotiation with shipyards will start next month.

  • News

    MISC orders four more tankers

    2006-06-26T00:00:00Z

    The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000 dwt tankers is estimated collectively to be in the region of $200 million.STX Shipbuilding of South Korea's will ...

  • News

    Sun Island finally launched

    2006-06-26T00:00:00Z

    Sun Island finally launchedOfficials at the Bach Dang shipyard in northern Hai Phong city said on Sunday that the newly built 10,500 dwt ?Sun Island? dry cargo vessel freighter that got stuck half-way down the slipway during its launch, has now been successfully freed and towed into the water without ...

  • News

    Dubai Drydocks looks to shipbuilding

    2006-06-26T00:00:00Z

    Shipbuilding has emerged as the second most important business for Dubai Drydocks which has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a new phase will cost another $10-$15 million, chief executive Geoff Taylor said. "We were looking to diversify our ...

  • News

    Canada set to expand naval forces

    2006-06-26T00:00:00Z

    The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium led by General Dynamics Canada is thought to be the leading contender and is expected to place much ...

  • News

    Seadrill to build new tender rig

    2006-06-26T00:00:00Z

    Seadrill, a Bermuda-based company with an offshore drilling fleet, has entered into an agreement with Malaysia Marine & Heavy Engineering for the purpose of building a new self erecting tender rig, T-11. The new barge unit is scheduled for delivery in the fourth quarter 2008, and capital expenditure is estimated ...

  • News

    STX seeks to build shipyard in Vietnam

    2006-06-26T00:00:00Z

    STX Group is planning to build a large-scale shipyard in Vietnam. The company confirmed that it is in negotiations with the Vietnamese government on the project and it is probable that the yard will be located in Khanh Hoa, a coastal province of southern Vietnam. However, details such as the ...

  • News

    Chevron orders oil rig with SBM for Brazil project

    2006-06-26T00:00:00Z

    US oil major Chevron has ordered a 100,000 barrel per day vessel-based oil rig with Dutch maritime engineering group SBM Offshore NV for its Frade project in Brazil.Chevron officials declined to give the value of the deal, under which SBM will build a floating production, storage and offloading rig (FPSO), ...

  • News

    Fate of Gdansk Shipyard hangs in the balance

    2006-06-26T00:00:00Z

    The ailing Gdansk Shipyard in Poland, which went bankrupt in 1998 and has since been part of the state-controlled Gdynia Shipyard group, is up for grabs again because Gdynia group is itself on the verge of bankruptcy and looking to obtain funds from a share issue. The government wants the ...