All Motorship articles in Web Issue – Page 985

  • News

    Yayasan orders chemical tanker

    2006-01-26T00:00:00Z

    Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers. The group, through its joint-venture company GS Tankers Sdn Bhd, has placed a shipbuilding contract for the construction and sale ...

  • News

    Diana Shipping takes delivery of Panamax bulker

    2006-01-26T00:00:00Z

    Diana Shipping, the Athens-based transportation company specializing in dry bulk cargoes, has taken delivery of a new Panamax bulk carrier, the ?Coronis?, from Hudong-Zhonghua Shipbuilding in Shanghai China. The ?Coronis? is a 74,381DWT bulker and, with its delivery, Diana Shipping has increased its fleet to thirteen vessels.

  • News

    K Line inks Oshima bulker

    2006-01-26T00:00:00Z

    "K" Line Bulk Shipping (UK) Ltd, the London-based regional headquarters company of Kawasaki Kisen Kaisha ("K" Line), has ordered a new-design bulk carrier from Oshima Shipbuilding. Developed by the Japanese shipbuilder, the 105,500 DWT bulker will have an overall length of 255 m, a 43 m beam and 7 holds. ...

  • News

    Saudis to acquire more tankers

    2006-01-26T00:00:00Z

    National Shipping Co. of Saudi Arabia is buying as many as 17 VLCCs and chemical tankers. The company plans a five-year acquisition program under which it will buy at least nine VLCCs and eight chemical tankers. All vessels being acquired, whether new or used, will be double-hulled. "The acquisitions will ...

  • News

    SLS method improves STX output

    2006-01-25T00:00:00Z

    STX Shipbuilding in South Korea launched a 51,000DWT product carrier for an Italian owner which was built using the skid launching system (SLS). Shipbuilding period of the product carrier was reduced from 52 days to 30 days through pre-outfitting and improvement in shipbuilding process. STX claims that the shorter ...

  • News

    France says oui to carrier project

    2006-01-25T00:00:00Z

    France has agreed to pay Britain as much as £140m to develop and construct an aircraft carrier based on the design of those being built for the Royal Navy. It is the first concrete step towards what would be the biggest joint military programme in a generation.The deal, hammered out ...

  • News

    SBM Offshore inks Kizomba C FPSO deal

    2006-01-25T00:00:00Z

    SBM Offshore has signed an agreement with Exxon Mobil affiliate Esso Exploration Angola (Block 15) Limited in which SBM will proceed with project development activities for two FPSOs for the Kizomba C development offshore Angola. While Esso is the operator of the block, further contracts for definitive leasing and operation ...

  • News

    German owners order Chinese boxships

    2006-01-25T00:00:00Z

    Guangzhou Wenchong Shipyard in China clinched two 1,700TEU container ships from Ownership Corporation in Germany. Ship price and delivery date were not disclosed. In a separate deal, NVA in Germany placed an order for a 3,500TEU container ship at Shanghai Chengxi Shipyard in China for delivery in December 2007.

  • News

    HSL aims turnaround by 2010

    2006-01-25T00:00:00Z

    The struggling Hindustan Shipyard Ltd. (HSL), the oldest shipyard in the public sector in India, expects to make a turnaround by 2010. Rear Admiral (retired) Ajit Tewari said, "To my knowledge, there will be no takeover or privatisation as we are set to make a turnaround in the next five ...

  • News

    IMO and Interferry tackle safety

    2006-01-24T00:00:00Z

    The IMO and the non-governmental industry organization Interferry have signed a Memorandum of Understanding (MoU) formalizing the two organizations? intent to work together towards enhancing the safety of non-Convention ferries by collaborating, through IMO?s Integrated Technical Co-operation Programme, on related capacity-building activities within developing countries. Under the agreement, the two ...

  • News

    Vacon opens new factory in China

    2006-01-24T00:00:00Z

    Vacon's factory in Suzhou, China, has moved to larger premises. Vacon has been operating in Beijing, China, since the year 2000. In 2004, Vacon founded a factory in Suzhou, and the first AC drives were manufactured in March 2005. Along with the growing market potential, the premises soon became inadequate ...

  • News

    Shipping industry challenges EU directive

    2006-01-24T00:00:00Z

    A broad coalition of shipping industry organisations has brought legal proceedings to test the validity of the EU Directive on Criminal Sanctions for Ship-Source Pollution.INTERTANKO, together with INTERCARGO, the Greek Shipping Cooperation Committee, Lloyd?s Register and the International Salvage Union have applied to the High Court in London for judicial ...

  • News

    France and UK battle over carriers

    2006-01-24T00:00:00Z

    France is reportedly on a collision course with the UK over a £100m demand for access to the UK?s aircraft carrier programme. The issue is expected to dominate the forthcoming meeting between UK Defence Secretary John Reid and his French counterpart Michele Alliot-Marie. Informed sources indicate that France is only ...

  • News

    Samsung LNG JV

    2006-01-23T00:00:00Z

    Malaysia Marine and Heavy Engineering Sdn. Bhd., formerly known as Malaysia Shipyard & Engineering Sdn. Bhd, has signed an agreement with Samsung Heavy Engineering to set up a joint venture for LNG carrier repairs. The JV, named MMHE-SHI LNG Co, has a capital of $ 1 million with Samsung HI ...

  • News

    Iran Venezuela joint shipbuilding operation

    2006-01-23T00:00:00Z

    Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation, according to the State-owned company, Petróleos de Venezuela (PDVSA). The preliminary agreement looks towards jointly building oil tankers, liquid natural gas tankers and other vessels. It would also train Venezuelans in shipbuilding technology. The deal was signed ...

  • News

    Nuclear icebreaker to be launched this year

    2006-01-23T00:00:00Z

    Russian defence minister Sergei Ivanov has announced that construction of the nuclear-powered icebreaker ?50 Let Pobedy? will be completed this year. "I hope that the nuclear icebreaker ?50 Let Pobedy? will be launched this year. Its construction has lasted for ten years already," he announced in Moscow on Friday. Ivanov ...

  • News

    SeaDrill declares option

    2006-01-23T00:00:00Z

    Norwegian oil rig firm SeaDrill has declared its option to build a second semi-submersible ultra deepwater drilling rig with 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 ...

  • News

    Vinashin to build Mitsubishi job

    2006-01-23T00:00:00Z

    Japan?s shipbuilder Mitsubishi is in discussion with Vietnam Shipbuilding Industry Corporation (Vinashin) to build a 56,300DWT cargo ships. If the two sides can conclude a deal, Vinashin will have to deliver the ships to its Japanese partner in 2008 or 2009.

  • News

    VT Group boss could lead UK CVF project

    2006-01-23T00:00:00Z

    VT Group PLC has confirmed that the boss of its shipbuilding division is in talks about leading the alliance that will build two new aircraft carriers for the Royal Navy. The shipbuilder and support services provider said it had noted speculation that VT Shipbuilding managing director Peter McIntosh is being ...

  • News

    MES gets 1,000 tonne goliath

    2006-01-23T00:00:00Z

    The installation of a goliath gantry crane with a lifting capacity of 1,000 tonnes was recently completed at the number 2 dock of Mitsui Engineering & Shipbuilding Co.'s Chiba Works. The crane is currently the largest of its type in Japan in terms of hoisting capacity and allows the works ...