All Motorship articles in Web Issue – Page 995

  • News

    Wärtsilä lands Yantai order

    2005-11-14T00:00:00Z

    Wärtsilä has been awarded a contract by China's Yantai Raffles Shipyard to supply the main engines, thrusters and associated ancillary equipment for its new offshore semi-submersible platform ?ORS Pioneer?. Wärtsilä is to deliver six 32 series diesel engines and motor-driven steerable thrusters together with various ancillary equipment. The main engines ...

  • News

    Two more for MSC Cruises

    2005-11-14T00:00:00Z

    MSC Cruises has confirmed to ALSTOM a contract for the construction of two 1,650 cabin cruise ships, following a letter of intent signed last June. These newbuildings will be the largest ever ordered by a European ship owner, with a length of 333 metres and a width of 38 metres. ...

  • News

    Samsung inks ice breaker trio

    2005-11-14T00:00:00Z

    Samsung won an order for three 70,000DWT ice breaking tankers from Sovcomflot. The newbuildings will be able to break ice going either ahead or astern. Total contract price is $ 430 million.

  • News

    Hyundai Q3 profit rises

    2005-11-14T00:00:00Z

    Hyundai Heavy Industries (HHI) achieved a net profit in the third quarter because of more profitable orders and one-off gains from an accounting change. Earnings at South Korean shipbuilders, which dominate the global market, are set to improve due to falling steel plate prices and a more stable South Korean ...

  • News

    New rudder plant for KPM

    2005-11-10T00:00:00Z

    Kawasaki Heavy Industries (KHI) announced that its subsidiary company Kawasaki Precision Machinery Ltd (KPM) has completed the construction of a new ship rudder plant in Uiryeong, South Korea. KPM?s rudder business in South Korea was previously operated through Dongmyong Industrial Co. but the technical alliance with Dongmyong was terminated in ...

  • News

    STX builds for STX Pan Ocean

    2005-11-10T00:00:00Z

    South Korea-based shipping company STX Pan Ocean Co. Ltd. awarded a contract to STX Shipbuilding to build three ships. The tender for the three ships, priced at $44 million each, was awarded to STX Shipbuilding as that was the only bid received, said STX Pan Ocean, which is listed in ...

  • News

    Volgograd builds Iranian coasters

    2005-11-10T00:00:00Z

    Volgograd Shipbuilding Plant, part of the MNP group, started construction of the lead-ship in a four-ship series of dry-cargo ships for Iranian company Irinvestship at a total cost of $44 million. Delivery is scheduled over the course of the next two years. The 139.95 m long, 16.7 m wide newbuildings ...

  • News

    GL backs Ms Logistik Systeme

    2005-11-10T00:00:00Z

    Germanischer Lloyd (GL) has bought a stake of 75% in Ms Logistik Systeme (MLS), a Rostock software company which plans, develops and markets program modules for highly efficient vessel management. Employing 14 employees, MLS has been involved in the development, marketing and support of "SAMS" (Ship Administration Management System), a ...

  • News

    Progress to reduce pollution at sea

    2005-11-09T00:00:00Z

    The provision of adequate waste reception facilities at ports, and the technical and practical matters associated with it, requires attention in the future, agreed the Industry Reception Facilities Forum at its fifth meeting in London on 18 October. The forum membership includes BIMCO, InterCargo and InterTanko. There still remain a ...

  • News

    China to expand shipbuilding industry

    2005-11-09T00:00:00Z

    The city of Xiamen in China announced that it will develop shipbuilding and ship repair business by 2015. According to Korea Trade-Investment Promotion Agency?s branch office in Xiamen, the city will secure shipbuilding capacity of 800,000DWT in 2010 and ship repair capacity of 150 ships from 30,000 to 100,000DWT. The ...

  • News

    Nexans charters Bourbon Skagerrak

    2005-11-09T00:00:00Z

    Nexans, a major global player in the cable industry, has entered into an agreement with Bourbon Cable AS, a subsidiary of Bourbon Offshore Norway AS, securing control of the specialised cable layer and construction vessel ?Bourbon Skagerrak?. The agreement runs for three years with options to extend for up to ...

  • News

    Another PSV for Aker

    2005-11-09T00:00:00Z

    Aker Yards has confirmed an optional agreement with Volstad Shipping AS, Ålesund, for the building of a Platform Supply Vessel (PSV) worth approximately NOK 250 million. Delivery is scheduled for September 2007 from Aker Yards, Brattvaag where the final outfitting will take place when the Romanian built hull arrives.The 92.30 ...

  • News

    Northrop Grumman suffers $1 billion Katrina hit

    2005-11-09T00:00:00Z

    Hurricane damage to Northrop Grumman's Mississippi and Louisiana shipyards tops $1 billion and company officials claim production delays could cost the defense contractor millions more. The Pascagoula shipyard had been inundated by at least 8 to 12 feet of water after hurricane Katrina slammed into the Gulf Coast on 29 ...

  • News

    Merwede and VT sign MOU

    2005-11-08T00:00:00Z

    Britain's VT Shipbuilding and the Dutch company Merwede Shipyard have signed a Memorandum of Understanding to work together on naval warship procurement programs outside the U.K.VT Shipbuilding, is part of the support services and shipbuilding company VT Group (the former Vosper Thorneycroft) while Merwede is a 100% subsidiary company of ...

  • News

    Korean shipyard in Subic venture

    2005-11-08T00:00:00Z

    A Korean shipbuilding company plans to set up a $1-billion shipyard in Subic Bay, on the west coast of Luzon Island in the Philippines, and hire 20,000 shipbuilders in adjacent communities in the Freeport to help solve the unemployment problem of the country. Subic Bay Metropolitan Authority (SBMA) administrator, Armand ...

  • News

    Korean shipowners in ordering spree

    2005-11-08T00:00:00Z

    Korea Line has placed an order for a Capesize bulk carrier costing $ 70 million. The shipping company declined to give shipbuilder?s name and ship size but said that the order is a part of medium and long-term fleet expansion plan. Delivery is scheduled during first half of 2009.STX Pan ...

  • News

    Iran quartet for Rickmers

    2005-11-08T00:00:00Z

    Iran's shipbuilding company Sadra Group will build four cargo ships, worth $118 million, for the German-based Rickmers shipping company. The 24,000 dwt newbuildings have been purpose-designed for the carriage of break-bulk, heavy lift and project cargoes. With an overall length of 175m and a beam of 26.5m, they will be ...

  • News

    SCI inks two VLCCs

    2005-11-08T00:00:00Z

    The Shipping Corporation of India (SCI), today signed contracts with Daewoo Ship Building and Marine Engineering (DSME) of South Korea for building and delivering two VLCCs. The tankers, to be built at DSME's shipbuilding yard in South Korea, will have a deadweight of about 300,000 tonnes at the design draft ...

  • News

    HSL launches research vessel

    2005-11-08T00:00:00Z

    The buoy tender cum research vessel ?Sagar Manjusha? was launched last week by Hindustan Shipyard Limited (HSL). Ordered by the National Institute of Ocean Technology (NIOT), the newbuilding is 60 metre long, 11 metres wide and 5 metres deep. It is powered by two Caterpillar diesel engines and will have ...

  • News

    Wärtsilä power for heavy-lift jobs

    2005-11-08T00:00:00Z

    Wärtsilä diesel-electric propulsion plants of 11.5 MW have been ordered for two heavy-lift transport vessels to be converted for Fairmount Heavy Transport NV, an associated company of the Rotterdam-based towage contractor Fairmount Marine BV. The "Fairmount Fjord" and "Fairmount Fjell" were originally semi-submersible barges and are being converted to self-propelled ...