All Motorship articles in Web Issue – Page 989
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News
Shipbuilding in China hits 12 million tonnes
The output of China's shipbuilding industry reached 12 million tonnes in 2005, making up 18% of the global share, according to the China Shipbuilding Industry Association. China's top two shipbuilding giants, the China Shipbuilding Industry Corporation (CSIC) and the China State Shipbuilding Corporation (CSSC), reported annual output of 3 million ...
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Sale eyed for Daewoo Shipbuilding
South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006. State-run Korea Development Bank (KDB) and government restructuring agency KAMCO own a combined 50.6% stake in the world's second-biggest shipbuilder.KDB, which is ...
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Chinese win more export orders
Guangzhou Shipyard International in China secured contracts for two 51,800DWT chemical tankers from Torm and one from Gotland. Delivery date and price were not revealed. Guangzhou Wenchong Shipyard clinched a 1,700TEU container ship from BSC in Germany for delivery late 2007.
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Three more product carriers for STX
STX Shipbuilding in South Korea secured three product carriers from an Italian ship owner at a cost of $140 million for delivery by March 2008. Ship particulars are 183m in length, 32.2m in breadth and 19.1m in depth.
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Capesize for Universal
Universal Shipbuilding in Japan won a 200,000DWT bulk carrier from Star Bulk Carrier for delivery during second half of 2010.The newbuilding will be deployed on the transpacific route for Sumitomo Metal Industries.
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Safety fears after leaks are found
A fleet of new ships built for British Gas and other companies to meet Britain's growing energy needs by bringing in LNG from abroad has been hit by leaks and safety scares. The ?Methane Kari Elin?, which was delivered 18 months ago from the South Korean yard of Samsung, has ...
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FAR letter of intent
Norsk Hydro has informed Farstad Shipping ASA that they will enter into a 5 year contract (with a 3 x 1 year option) for a large platform supply vessel. The contract will be serviced by a newbuild. Start-up for the contract is April 2006 and the contract will be operated ...
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Korea consolidates its lead
Korean shipbuilders will maintain their lead in terms of orders this year, outpacing Japanese rivals for the third year running. Market researcher Clarkson Research Studies said that Korea's total amount of ship orders in the first 11 months of this year amounted to 13.9 million CGT (compensated gross tonnage), or ...
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Aker Kvaerner awards semi-sub contract to Dubai Drydocks
The hulls for two Aker Kvaerner designed H6e semi-submersible drilling rigs, designed for deep sea drilling in harsh environment and arctic conditions, is to be built by Dubai Drydocks. The Contract includes the steel construction of the two hulls up to main deck, installation of piping systems, DP- systems, mud ...
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Clock ticking for Vietnam?s aging fleet
Most vessels in Vietnam?s shipping fleet have been rated as weak and obsolete in terms of both transport capacity and technology, according to the Vietnam Shipowners Association and the Government Decree 14/CP (1996) on shipping, which rates ships as unserviceable if they have served for more than 15 years.Many Vietnamese ...
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Hyundai develops marine hydraulic pump
Hyundai Heavy Industries (HHI) has successfully developed Korea?s first marine hydraulic pump through in-house technology after two-year research and development commitment. To develop this hydraulic pump, HHI faced technological difficulties since it is a submerged cargo pump which is operated under an ultra high pressure of 280kg/cm2. It is expected ...
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Posco cuts steel plate prices
Posco in South Korea has cuts thick steel plate price by W 30,000 per tonne and, as a result, the price to Korean shipbuilders will be W 615,000 ($604.48) per tonne from January next year. Korean shipbuilders are likely to use 5.1 million tonnes of steel this year and 5.4 ...
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Tamba orders ethylene carrier
Tamba Kisen in Japan ordered a 10,000 cbm ethylene carrier from INP Heavy Industries. This shipbuilder now has clinched a total three 10,000 cbm ethylene carriers from Japanese ship owners.
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Daewoo cancels order
South Korea's Daewoo Shipbuilding & Marine Engineering has canceled an order, received in October, for two semi-submersible drilling vessels worth $402 million. The order had been placed in October by Singapore's Frigstad Offshore Drilling Ltd. for delivery by June 2009. Daewoo decided to terminate the contract as Frigstad failed to ...
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Aker inks Finarge AHTS
Aker Yards has signed a contract in excess of $30 million to build an Anchor Handling Tug Supply Vessel (AHTS) for Finarge de Navega??o do Brasil, a company of the Rimorchiatori Riuniti Group in Italy. The 2,500 dwt vessel is an Aker AH 05 design and will be built at ...
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Royalties hit Korean shipbuilders? earnings
South Korean shipbuilders are paying large royalties on a core foreign technology for manufacturing LNG carriers, causing a big reduction in their earnings. To build LNG carriers, most Korean and foreign shipbuilders currently use a membrane containment system developed by Gaz Transport & Technigaz of France, a key technology for ...
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Korea and China win new orders
China Shipping has won a new order for a 8,530TEU container ship with Hudong Zhonghua Shipbuilding in China for delivery on late 2008. Daehan Shipbuilding in South Korea clinched three 10,000DWT multi purpose carriers from Normed Line for delivery in 2008. Samho Shipbuilding also won two 12,800DWT chemical tankers new ...
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California releases report on ballast discharge standards
At its December meeting the California State Lands Commission (SLC) is expected to approve the report to the Legislature titled "Recommendations for Performance Standards for the Discharge of Ballast Water into the Waters of the State". The report recommends tough interim and final performance standards for existing and newly constructed ...
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Brazilian ballast water requirement
Owners have reported encountering difficulties with the new Brazilian ballast water management requirements issued by the Directoria de Portos e Costas (DPC). The new regulations came into affect on October 15, 2005 and apply to all commercial ships calling on Brazilian ports and terminals regardless of flag. The new regulations ...
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Aker inks fourth Tallink contract
The option agreement Aker Yards and Tallink had for a large cruise ferry was recently confirmed and the 165 million euro vessel will be built at the Helsinki yard for delivery in summer 2008. She will be a sister ship to ?Galaxy? launched at the yard in Rauma early this ...
