All Motorship articles in Web Issue – Page 983

  • News

    MOMAF plans icebreaker

    2006-02-17T00:00:00Z

    Ministry of Maritime Affairs and Fisheries (MOMAF) in South Korea is selecting a shipbuilder to construct a 6,950 tonne ice breaking research vessel for the Antarctic. Delivery of the $102 million vessel is planned for 2009 and will have a 1 metre ice capability at 4 knots.

  • News

    Papenburg yard gets second Challenger

    2006-02-17T00:00:00Z

    The American cruise operator Celebrity Cruises, an affiliated company of Royal Caribbean Cruises Ltd., has ordered another large cruise vessel from Meyer Werft in Papenburg, Germany. The contract for the construction of a second ship follows an order for the first 118,000 gt post-Panamax Challenger class ship which was placed ...

  • News

    Asian shipbuilders in order frenzy

    2006-02-17T00:00:00Z

    Daewoo Shipbuilding won six VLCCs from Vela with delivery of 2009. Shina Shipbuilding won four 41,000DWT product carriers from Ocean Tanker in Singapore. IHI MU in Japan won a new order of a 300,000DWT VLCC from NYK. NACKS in China snapped up two 75,000DWT bulk carriers and Xinhe Shipbuilding won ...

  • News

    Seaspan orders feeder duo

    2006-02-16T00:00:00Z

    Seaspan Corporation based in Vancouver has agreed to purchase two new building vessels from affiliates of Conti Holding GmbH & Co. KG ("Conti") of Germany. This acquisition is incremental to Seaspan's original contracted fleet, and will increase the company's total fleet to 25 vessels. Seaspan will acquire the two 3,500 ...

  • News

    South Korean shipbuilders moving into China

    2006-02-16T00:00:00Z

    South Korean shipbuilders are scrambling to move production of ship hulls to China to take advantage of its cheap labour and large construction facilities. Leading the pack is Samsung Heavy Industries which has been operating Samsung Heavy Industries Ningbo Co., with an annual capacity of 120,000 tonnes, since 1997. Samsung ...

  • News

    Arctic Discoverer delivered

    2006-02-16T00:00:00Z

    Kawasaki Kisen Kaisha, Ltd. ("K" Line) has entered into service its new 140,000 cbm Moss type LNG carrier "Arctic Discoverer", constructed at Mitsui Engineering and Shipbuilding's Chiba Works in Japan. The vessel is co-owned with Statoil, Mitsui & Co. and Iino Kaiun and will be chartered to "Sn?hvit Sellers" consisting ...

  • News

    Subsea 7 orders pipe laying/offshore construction vessel

    2006-02-16T00:00:00Z

    IHC Holland Merwede?s subsidiary Merwede Shipyard has received a contract for the design and construction of a new Pipe Laying/Offshore Construction vessel from Subsea 7 at a cost of $170-200 million depending on options exercised. The newbuilding wilhave a length of 151 metres, a width of 28.40 metres and a ...

  • News

    Transpetro picks finalists

    2006-02-14T00:00:00Z

    Transpetro, the transport unit of Brazil's federal energy company Petrobras, has picked four consortia as finalists to build 26 ships at an estimated cost of $1.9 billion. The company is selecting the groups to build 10 Suezmax tankers, five Aframax, four Panamax, three LGP carriers and four fuel carriers.So far ...

  • News

    Ultratec expands Rio shipyard

    2006-02-14T00:00:00Z

    Brazilian engineering company Ultratec will invest $7.8 million to expand its shipyard in Rio de Janeiro state in preparation for the construction of the P-53 FPSO. Federal energy company Petrobras will lease the FPSO from special purposed company CDC. Ultratec is part of the Quip consortium that CDC has hired ...

  • News

    Eukor orders four PCTCs

    2006-02-14T00:00:00Z

    Eukor Car Carriers Inc in South Korea placed an order of four PCTCs with Hyundai Samho Heavy Industries. The new 6,500 capacity car carriers will be delivered by second quarter of 2009.

  • News

    Jiangdong wins eight MPCs

    2006-02-14T00:00:00Z

    Jiangdong Shipyard in China clinched eight 12,000DWT multi purpose carriers from two German ship owners with delivery of 2008. Each owner ordered four ships.

  • News

    WAML in newbuild charter deal

    2006-02-14T00:00:00Z

    Chennai-based West Asia Maritime Ltd (WAML), which is into dry bulk transportation business, has entered into a $33.5 million agreement with Mitsui of Japan for taking a bulk vessel under bareboat charter with purchase option deal. The deal is believed to be the first-of-its-kind in Indian industry. Under the charter ...

  • News

    Aker to build two PSVs

    2006-02-14T00:00:00Z

    Aker Yards has confirmed an optional agreement with Siem Offshore to build two platform supply vessels (PSV). The value of the contract is approximately $40 million and delivery is scheduled for second quarter 2007 from Aker Yards, Aukra. The vessels are of Vik Sandvik design, VS 470 Mk II, and ...

  • News

    Wärtsilä on acquisition trail

    2006-02-14T00:00:00Z

    Wärtsilä Corporation has acquired the entire business of Total Automation Ltd, a Singapore-based public marine automation company, and all Total Automation's shares in its subsidiaries at a price of approximately EUR 61.6 million. Total Automation had sales of EUR 38.5 million in 2004 and has consistently generated EBIT margins in ...

  • News

    Manitowoc lands contract

    2006-02-09T00:00:00Z

    Moran Towing Corp has awarded Manitowoc Marine Group a follow-on contract for the construction of two ocean-class, double-hull, hot oil tank barges. The vessels, which will be built by subsidiary Bay Shipbuilding Co., are identical to a pair of tank barges that Bay Shipbuilding delivered to Moran in 2004 and ...

  • News

    Fincantieri builds Indian oceanographic ship

    2006-02-09T00:00:00Z

    Italian shipbuilder Fincantieri has won a $48 million contract to build an oceanographic ship for the National Institute of Ocean Technology of Madras, India. The 104 metres long and 18 metres wide vessel will be built at the Fincantieri military shipyard at Riva Trigoso and Muggiano.

  • News

    Brazilian shipbuilders get boost

    2006-02-09T00:00:00Z

    The first step towards initializing the Technological Improvement Program (TIP) aimed at boosting the Brazilian shipbuilding industry was taken with the signing of an agreement worth approximately $14.6 million between the government, Petrobras (Brazilian Petroleum, S.A.), Transpetro (a Petrobras subsidiary), and nine of the country's research institutes, most of them ...

  • News

    SeaDrill confirms semi-sub option

    2006-02-08T00:00:00Z

    SeaDrill in Norway recently declared its option to build a second semi-submersible ultra deepwater drilling rig at Daewoo Shipbuilding in Korea. The rig is of the design GVA-7500-N and is fully capable of operating in harsh environment in water depth up to 10,000 feet. The contract price for the unit ...

  • News

    ABG gets coastguard trio

    2006-02-08T00:00:00Z

    ABG Shipyard in Mumbai is building three `Special Pollution Control Vessels` for the Indian Coast Guard at an estimated cost of $86 million. These vessels are equipped with oil spill response solutions. For this project, ABG has teamed up with British company Rolls-Royce for designing the first of its ...

  • News

    Odense delivers Gerd Maersk

    2006-02-07T00:00:00Z

    Odense Steel Shipyard in Denmark delivered its latest newbuilding, Gerd Maersk, for the A.P. Moller - Maersk Group. This is the fifth vessel in a new series of technologically advanced 6,600 TEU container vessels operated with extensive automation. The newbuilding is powered by a 12-cylinder Wärtsilä RT-flex96C diesel engine from ...