All Motorship articles in Web Issue – Page 969

  • News

    Olympic orders subsea vessel from Ulstein

    2006-05-25T00:00:00Z

    Ulstein Verft AS has signed a contract with Olympic Shipping AS in Fosnavåg to build yet another large, multifunctional subsea vessel, model Ulstein P101 designed by Ulstein Design AS. Olympic contracted a similar vessel in early 2006. Olympic was the first shipowner to contract a ship by Ulstein Design back ...

  • News

    Sumatec orders a couple of tankers

    2006-05-25T00:00:00Z

    Sumatec Resources in Selangor, Malaysia, has ordered two 8,000 dwt double-hull product oil tanker from a Chinese shipyard for $11.6 million each. Sumatec said it had entered into a letter of intent (LOI) with Yangzhou Kejin Shipyard and Jiangsu Guotai International Group Textile for the purchase of the tankers to ...

  • News

    Pakistan finalises China frigate deal

    2006-05-25T00:00:00Z

    Pakistan has placed a $ 600-million defence deal with China, which includes construction of four F-22P frigates for the Pakistani Navy, upgrading of the Karachi dockyard and transfer of technology for indigenous production of modern surface fleet.The deal has been finalised and the keel for construction of the F-22P frigates ...

  • News

    PUM builds DSV

    2006-05-25T00:00:00Z

    Singapore based shipbuilder Pan-United Marine Limited has clinched a $49.5 million contract from Coastline Maritime Pte to construct a specialized offshore diving support vessel at its Batam shipyard in Indonesia. The value of the vessel, expected to be delivered in 3Q08, is estimated at above $130 million, including the cost ...

  • News

    Baltic Sea SECA

    2006-05-25T00:00:00Z

    The Baltic Sea became a Sulphur Oxide Emission Control Area (SECA) as from 19 May 2006. Ships entering the Baltic Sea are now required only to use marine fuels with a sulphur content not exceeding 1.5% m/m. Alternatively, an exhaust gas cleaning system capable of reducing SOx emissions to 6.0 ...

  • News

    The Motor Ship Propulsion Conference 2006 26th ? 27th April, Radisson SAS Scandinavia Hotel, Copenhagen

    2006-05-24T00:00:00Z

    The Motor Ship?s 28th annual event is a huge successThe Motor Ship?s 28th annual conference held on 26th and 27th April at Radisson SAS Scandinavia in Copenhagen was a huge success with over one hundred attendees taking part in the two days. Carsten Melchiors, Secretary General of BIMCO ? ...

  • News

    Vinashin gets nod for restructuring

    2006-05-22T00:00:00Z

    The Government Office in Vietnam has approved a proposal to establish the Vietnam Shipbuilding Industry Economic Group (Vinashin Group) by restructuring the Vietnam Shipbuilding Industry Corporation (Vinashin). The Vinashin Group would become a multiple owner business with the state holding a majority stake, comprised of state-owned and equitised subsidiaries. Under ...

  • News

    India funds shipbuilding

    2006-05-22T00:00:00Z

    The order book position of the Indian shipyards stands at $2.2 billion at present and is expected to improve further according to T.R. Baalu, minister for shipping, road transport and highways. In order to offer incentives to shipbuilding activities, the minister proposes to extend policy to provide shipbuilding subsidy of ...

  • News

    Remontowa builds Finnish project vessels

    2006-05-22T00:00:00Z

    The Finnish chartering and operations company Meriaura Oy will add into its fleet a new type of multipurpose deck cargo vessels ordered from the Polish shipyard, Remontowa. The vessels are designed for heavy project cargoes on deck, and will be built according to the Finnish-Swedish ice class I A. The ...

  • News

    Aker finalizing Alstom transaction

    2006-05-22T00:00:00Z

    Following the earlier announcement that Aker Yards and ALSTOM intend to join forces in shipbuilding, a new company has now been established to which Chantiers de l'Atlantique will transfer its employees, assets and cruise ships contracts. The legal name of the new company in France will be Aker Yards SA, ...

  • News

    MNP and Catfish sign order for chemical tankers

    2006-05-19T00:00:00Z

    Volgograd Shipyard, a subsidiary of MNP Group, concluded a contract with the Swedish shipping company Catfish Forvaltning for the construction of two class II chemical tankers under project 4450. The contract includes two options.The 4,500 dwt tankers will be driven by a single CP propeller and will have a maximum ...

  • News

    Dayang seals six bulkers

    2006-05-19T00:00:00Z

    Dayang Shipbuilding in Yangzhou, China, has won an order for six 53,000 dwt handymax bulk carriers from IRISL in Iran at a cost of $29.5 each. First of six will be delivered in February 2008 with the remainder following at two monthly interval. The contract includes options for four sisterships.

  • News

    Sovcomflot inks Arctic shuttle tanker pair

    2006-05-19T00:00:00Z

    Sovcomflot, Russia's largest state-owned shipping company, and Admiralteyskiye Verfi (Admiralty Shipyards), the St. Petersburg-based shipyard, have concluded and signed a $350 million deal for the construction of two arctic shuttle oil tankers, hulls Nos.02750 and 02751. This is the biggest order in the history of Russian civil shipbuilding to date.Designed ...

  • News

    Another REM AHTS for Kleven

    2006-05-19T00:00:00Z

    Kleven Verft in Ulsteinvik, Norway, has entered into contract with Norwegian ship owner REM Maritime for the construction of an advanced Rolls-Royce offshore vessel. The value of the contract is approximately $49 million.The vessel is an anchor-handler vessel of type UT 712 L from Rolls-Royce which has been adapted to ...

  • News

    Aalborg opens Vietnam factory

    2006-05-19T00:00:00Z

    After three years of planning, the Danish-Vietnamese joint venture Aalborg Industries Vietnam opened a new production plant in the northern port city of Haiphong's An Hong Marine Industrial Zone, one of the main centres for the Vietnamese shipbuilding industry.The new 2,700 square metres facility is a joint venture between Vietnam ...

  • News

    Keppel receives repeat Maersk order

    2006-05-18T00:00:00Z

    Singapore-based Keppel FELS Ltd (Keppel FELS) has secured a contract to build a repeat ultra deepwater semi-submersible drilling platform for A.P. M?ller - M?rsk at a cost of $263 million. This order brings the level of new contracts secured to date in 2006 to above $2.5 billion for the whole ...

  • News

    Kakinada plans shipyard

    2006-05-18T00:00:00Z

    The port of Kakinada, located in south-east India on the Godavari river delta, is planning to establish a privately owned shipyard and an announcement regarding this project is to be made by the government later this year. Due to unavailability of land in the waterfront area, the shipyard will have ...

  • News

    Russian government eyes private yards

    2006-05-18T00:00:00Z

    The owner of the country's two largest military shipyards has said the government wants to acquire both firms and that state arms trader, Rosoboronexport, was in talks to buy them. The Severnaya Verf and Baltiysky Zavod shipyards in St. Petersburg are estimated to hold shipbuilding contracts worth about $2 billion. ...

  • News

    GWS clinches boxship

    2006-05-18T00:00:00Z

    Guangzhou Wenchong Shipyard in China clinched a 1,700TEU container ship from Schoeller Holdings Ltd. The new order is the fourth ship ordered from the German ship owner. Price and delivery were not revealed.

  • News

    Algeria buys two Russian subs

    2006-05-18T00:00:00Z

    Russia is to sell two 636 Project submarines to Algeria for $400 million. Vladimir Alexandrov, director general of Admiralty Shipyard, said the contract is to be signed in June. The deal was to be struck during Russian President Vladimir Putin?s visit to Algeria back in March, but the contract negotiations ...