All Motorship articles in Web Issue – Page 971

  • News

    Two more P-MAXs for Concordia

    2006-05-11T00:00:00Z

    Concordia Maritime in Gothenburg and Brodosplit shipyard in Croatia have issued final approval of the newbuilding contract for vessels number seven and eight in Concordia Maritimes P-MAX-series. These 65,200 dwt vessels are scheduled for delivery in the 4th quarter 2009.In 2003, six MAX type product tankers were ordered and all ...

  • News

    Qatar deal for more LNG carriers to be confirmed

    2006-05-11T00:00:00Z

    The Qatar Gas Transport Company (Nakilat) is expected to procure 50 LNG ships by 2012 with delivery slated from the third quarter of 2007 until 2012. The ships, a combination of 215,000 cubic metre Q-Flex and 265,000 cubic metre Q-Max vessels are intended to provide the Qatar ventures with a ...

  • News

    ISOICO billion dollar agreement with Venezuela

    2006-05-11T00:00:00Z

    Iran Shipbuilding & Offshore Industries Complex Co. (ISOICO) has managed to conclude an agreement worth $5 billion on the development of marine industries and shipbuilding with Venezuela. In addition, Iran, Venezuela and Bolivia have signed a trilateral memorandum of understanding (MOU) on the expansion of the shipbuilding industries according to ...

  • News

    Iran Shipping needs 500 ships

    2006-05-11T00:00:00Z

    A deputy head of the Islamic Republic of Iran Shipping Lines (IRISL) predicted that the country?s shipping business would need some 450-500 ships in the next 15 years in order not to lose its position among the major regional shipping lines, Mehr News Agency reported. The number includes both dry ...

  • News

    PDVSA may buy 18 tankers from China

    2006-05-11T00:00:00Z

    Petroleos de Venezuela SA (PDVSA) may buy 18 oil tankers from China for $1.3 billion as South America's largest oil company seeks to boost exports to Asia. Preliminary orders for the tankers were placed with China State Shipbuilding Corp., and China Shipbuilding Industry Corp., a PDVSA spokesman said. A timetable ...

  • News

    Vinashin builds car carriers for Israel

    2006-05-10T00:00:00Z

    The Viet Nam Shipbuilding Industry Corporation (VINASHIN) and its subsidiary, the Ha Long Shipbuilding Plant, have secured an order to build eight car carriers for the Ray Car Carried Limited Company of Israel, at the price tag of close to $1 billion.Designed by the Italian company, Naval Progetti, each vessel ...

  • News

    Another two PSVs for Aker

    2006-05-10T00:00:00Z

    Aker Yards has confirmed an optional agreement with Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany for the building of two UT 755LN Platform Supply Vessels. The Contract value is approximately $48 million and delivery is scheduled for summer and autumn 2008

  • News

    Swan Hunter may be forced to close

    2006-05-09T00:00:00Z

    Industry sources claim that Swan Hunter?s Wallsend yard in England could close in less than two weeks because its order book is almost empty. Swan's boss, Jaap Kroese, has revealed he is prepared to sell the yard to the right bidder, but only if the facility is preserved for shipbuilding."I ...

  • News

    easyCruise plans to build new cruise ships

    2006-05-09T00:00:00Z

    The Greek-based easyCruise and Neorion Holdings have signed a letter of intent for the construction of two cruise ships with the option for a further two in Neorion Holdings? shipyards in Greece. Neorion Holdings own two shipyards, one in Elefsis near Athens and one on the island of Syros.According to ...

  • News

    ?K? Line orders more boxships

    2006-05-09T00:00:00Z

    Kawasaki Kisen Kaisha, Ltd. ("K" Line) has placed orders for five 6.400 TEU container ships with the Japanese shipbuilder Imabari Shipbuilding Co., Ltd. (Koyo Dockyard Co., Ltd.). These newbuildings are scheduled for delivery by mid 2010 and will enable ?K? Line to make further improvements in its service quality and ...

  • News

    Korea Line orders Aframax tanker

    2006-05-09T00:00:00Z

    Korea Line placed an order of a 105,500DWT tanker with an unspecified Japanese shipbuilder at a price of $55 million for delivery during first half of 2009.

  • News

    Nicholls builds WTA ferries

    2006-05-08T00:00:00Z

    The San Francisco Bay Area Water Transit Authority (SFBAWTA) has issued a Letter of Intent to award a contract to Nichols Brothers Boat Builders for the construction of two new 149 passenger vessels. Construction will start this summer, and the first vessel will be delivered by 2007. These two newbuildings ...

  • News

    BAE-VT unsure on Babcock

    2006-05-08T00:00:00Z

    BAE Systems and VT Group are considering joining forces as a fallback plan if they decide not to press ahead with a bid for rival warships builder and support services company Babcock International. The pair announced in March that they might bid for Babcock, and the Takeover Panel has given ...

  • News

    Adani seeking foreign partners

    2006-05-05T00:00:00Z

    The Adani Group in India is in an advanced stage of negotiations with at least three international shipbuilding companies, two in South Korea and one in Japan, to forge a strategic partnership for its $220 million shipbuilding project in Mundra. Industry reports suggest that Adani is talking to Korean shipbuilders ...

  • News

    Kooren sells three Rotortugs

    2006-05-04T00:00:00Z

    Kooren Shipbuilding and Trading B.V. in Holland has won an order for three of their RT-80 Rotortugs from Bugsier-, Reederei-, und Bergungsgesellschaft mbH & Co. KG. These 28.30m long by 12m wide tugs are to be built at ASL Shipyard Pte Ltd. in Singapore for delivery between November 2007 and ...

  • News

    HHI delivers mega container ship

    2006-05-04T00:00:00Z

    Hyundai Heavy Industries delivered a 9,100TEU container ship to Peter Dole. Named as MSC Madeleine, she is 348.5m long, 42.8m wide and has a depth of 27.2m. The Hyundai built MAN B&W 12K98MC main diesel gives a service speed of 25.1 knots.

  • News

    Hanjin wins four container ships

    2006-05-04T00:00:00Z

    Hanjin Heavy Industries secured an order for four 3,100TEU container ships from a European ship owner. Total contract price is $248 million and will be delivered by May 2009.

  • News

    L&T to build second shipyard

    2006-05-04T00:00:00Z

    Larsen & Toubro (L&T), India's largest construction and engineering firm, aims to invest more than $111 million to build a second shipyard and grab a share of the global demand for vessels, a senior official said. "We are looking at several locations on the east and west coast and investments ...

  • News

    Wärtsilä increases assembly and testing capacity

    2006-05-04T00:00:00Z

    To meet the strong level of market demand and to support the company's growth target, Wärtsilä is investing in higher efficiency and capacity for engine assembly and testing. This means an aggregate investment of approximately EUR 48 million in the Vaasa, Finland, and Trieste, Italy, delivery centres. Two-thirds of the ...

  • News

    Q Ship takes delivery of Aframax newbuilding

    2006-05-04T00:00:00Z

    The Qatar tanker company, Q Ship, took delivery of ?Mesaieed?, which is the fifth unit in a series of six 105,000 dwt Aframax tankers under construction at Hyundai Shipyard, Korea. This vessel is coated and will carry clean petroleum products. The newbuilding is on time charter for two years. The ...