General News 13-18 – Page 402
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Malaysian expertise attracts BAE
The future looks promising for a BAE Systems-Labuan Shipyard and Engineering Sdn Bhd (LSE) tie-up. The British firm is so impressed with the Malaysian company that it is in "detailed discussions" to become one of its suppliers. BAE Systems managing director (Asia Pacific) Steve Meighan said this following discussions with ...
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Interest in Stocznia Gdynia dwindles
Fewer and fewer companies appear ready to acquire Stocznia Gdynia. One of the reasons is the fact that the Ministry of the Treasury wants a ban signing new contracts until an investor is chosen.Potential investors for Stocznia Gdynia were supposed to submit binding offers on Monday but the Ministry of ...
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Swissco orders four more OSVs
Singapore-based Swissco Offshore Pte Ltd., a wholly-owned subsidiary of Swissco International Ltd., contracted Singapore and Indonesian shipyards to build four more offshore support vessels worth $12.8 million with owner-supplied equipment.The first order is for two identical units of 26-metre, 1,400 bhp, aluminium crew or utility vessels to be built at ...
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Al-Mukairish and SCM sign deal
Singapore shipyard operator and oil rig builder SembCorp Marine Ltd (SCM) and Nasser Mohammed Al-Mukairish and Partners Company (Al-Mukairish) have signed a joint venture agreement to form SembMarine Middle East Pte Ltd. (SMME). SMME will be a founding shareholder in the Saudi Arabian joint stock company named Floating Dock for ...
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Hyundai gets Danaos trio
Danaos Corporation in Greece has ordered three post-Panamax 10,100 teu containerships from Hyundai Samho Heavy Industries for delivery in January, February and March of 2011. Danaos has also arranged for a large international liner company to charter all these vessels for 12 years each, at accretive rates. This deal increases ...
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India enters dredger market
Next month Kandla Port in India will have the country's first and Asia's second shipbuilding and ship-repair yard for building and repairing dredgers. The Rs 450-crore venture has been set up by the Kandla-based company, Jaisu Shipping, which is the only company in India engaged in dredging in the private ...
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West Sirius almost ready
The first of a series of three high-performance, identical design 6th generation semi-submersible rigs, West Sirius, built by SembCorp Marine?s subsidiary Jurong Shipyard for Norway?s Seadrill Limited was named recently. This is the shipyard?s first turnkey rig-building project which encompasses engineering, procurement, construction, integration and commissioning (EPIC) elements. The $390 ...
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Mitsui delivers VLOC
Mitsui Engineering & Shipbuilding Co., Japan's third-largest shipbuilder, delivered a VLOC (very large ore carrier) that will sail between Brazil and Japan, completing an order for one of the world's largest iron-ore carriers. The 340 metre ?Brazil Maru?, delivered to Mitsui O.S.K. Lines Ltd.(MOL), will be able to carry 327,180 ...
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Work starts on Vietnam?s largest PCTC
The Ha Long Shipbuilding, part of the Vinashin group, has begun building a $50 million car carrier which can carry 4,900 CEUs, becoming the largest PCTC to be built in Vietnam. The ship is one of a series of eight ordered from Ha Long by Israel's Raycar Carriers. The 185.6 ...
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Malaysia builds dredger shipyard
Titisan Selatan Sdn Bhd, the Malaysian company which will be constructing the RM650 million ($196 million) shipbuilding yard for dredgers, is currently in talks with the Selangor government to lease a piece of land for the shipyard and expects a deal to be struck by the end of this month. ...
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Nakilat awards shipyard contract
Qatar Gas Transport Co QGTS.QA (Nakilat) has awarded a $610.6 million contract to Daewoo Engineering & Construction Co to build a shipyard in Qatar according to a statement made by Daewoo. It gave no more details.
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Maersk slows down
Maersk Line in Denmark is planning changes to its Asia ? Europe network to improve reliability and save fuel. Among the steps to be taken will be slower sailing speeds on some routes.The company said the changes would be introduced in February and March next year. "We will make various ...
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Boustead Naval wins yacht jobs
The Malaysian shipbuilder Boustead Naval Shipyard Sdn Bhd (BNS) has received orders to build a yacht-hotel and two luxury yachts. BNS said Sunborn International from Finland had ordered a 141m-long vessel to be used as a floating hotel at a cost of about RM250 million ($75 million). The order was ...
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Europe aims for transport emissions agreement
British and other European negotiators will reportedly be pushing for shipping and aviation emissions to be included in a post-Kyoto deal on climate change at discussions beginning in Bali. Representatives from almost 190 countries are gathering for the United Nations climate conference in Bali this week to begin hammering out ...
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Stena Perros delivered
Concordia Maritime?s 65,200 DWT product tanker ?Stena Perros? was recently delivered from Brodosplit Shipyard, Croatia. The vessel has been signed to a 5-year time charter with the French oil and energy company TOTAL to transport refined products. The ?Stena Perros?, a so-called P-MAX tanker, is the sixth in a series ...
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Interest in stranded gases growing
Classification society ABS says it is seeing a resurgence of interest in floating solutions for the transportation of natural gas aimed at capturing ?stranded? gas reserves around the world. Although natural gas is abundant, more than one-third of global gas reserves are said to be stranded by their location of ...
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Hanjin completes 1st phase of Philippines shipyard
Hanjin Heavy Industries and Construction has completed the first phase of its shipyard construction project in Subic, the Philippines. The Korean company began the project on a 2.3 million sq.m site in May of last year to overcome problems it was facing due to the small size of its 300,000 ...
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Swissco expands fleet
Singapore-based Swissco International Ltd?s wholly-owned subsidiary, Swissco Offshore Pte Ltd, has placed orders for four more offshore support vessels worth S$18.5m including owner supplied equipment.The first order is for two identical units of 26m aluminum crew/utility vessels, placedwith a local shipyard which specializes in aluminum shipbuilding. Designed to carryboth cargo ...
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Cosco eyes expansion outside China
Shipbuilding and ship repair firm Cosco Corp (Singapore) will consider establishing bases in Vietnam and other Asian countries since China could become less attractive as environmental regulations tighten and labour costs rise. Cosco, majority-owned by China Ocean Shipping (Group) Co, is focusing its resources on three main business lines: ship ...
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Mipo?s Vietnam repair facility to switch
Hyundai Mipo Dockyard is considering setting up a manufacturing facility in Vietnam as surging orders spur the company to seek sites beyond Korea's shores. "We are reviewing plans to probably make part of the repair yard in Vietnam suitable for building new vessels," Hyundai Mipo spokesman Lee Young-duck said. "We ...
