General News – Page 314
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Neorion considering buying Hellenic
Neorion Shipyards in Greece has reportedly said that it would consider purchasing the Hellenic Shipyards from Germany?s ThyssenKrupp. The German company has been in talks with the Greek Government over the sale of the shipyard, but was undecided on whether to sell the yard. Neorion Shipyards has two facilities, the ...
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Idle boxship fleet rises to 10.7%
The fleet of idle containerships have risen within the last fortnight to reach1.393 Mteu, or 10.7% of the existing fleet according to the latest Alphaliner newsletter. The rise is led by the operators, which added over 32,000 teu into the idle pool, to reach 707,000 teu. Meanwhile the non-operating owner ...
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Zim close to securing rescue deal
Zim has secured the acceptance of more than 95% of its creditors to the restructuring plan that it has put forth. An agreement appears to have beenreached with representatives of the Zim?s bondholders that will allow the company to put forward a restructuring plan for approval by its main shareholder, ...
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Maersk opts for extra-slow steaming
Maersk Line is to opt for extra slow steaming on the Asia-Europe route, starting from the end of November. The Danish carrier will adjust sailing speeds on westbound crossings from Asia to Europe from 20-22 knots to a 17?19 knot average speed and will go as low as 14?16 knots ...
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New low speed engines for Chinese market
The new S35MC-C9 engine variant, tailored for the Chinese marketMAN Diesel has developed two new engine variants targeted at the Chinese coast and river segment that represents some of the world?s busiest shipping lanes. The new, state-of-the-art S35MC-C9 and S40MC-C9 variants are based on the experience gathered from MAN Diesel?s ...
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Cochin to build new dry dock
India's biggest shipbuilder under state control, Cochin Shipyard Ltd, is talking to potential partners in the defence sector to jointly build a new dry dock at the yard to boost capacity.The Kerala-based firm said it is talking to potential partners in the defence sector to jointly build the new dry ...
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Batista to build second shipyard in Brazil
Brazilian billionaire Eike Batista is said to be planning to build a new shipyard in Rio de Janeiro. Batista, who is the owner of Offshore Services X, recently announced plans to build his first shipyard in southern Brazil. The second shipyard would concentrate on building rigs and ships. A 1.6 ...
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Future of Hellenic Shipyards uncertain
Germany?s ThyssenKrupp is reportedly in talks with the Greek Government about the future of the Hellenic Shipyards. "The shipyard is in a difficult situation since the cancellation of a submarine contract," Reuters quoted a ThyssenKrupp spokeswoman as saying. She did not confirm rumours that the shipyard would stop paying its ...
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India changes plan to build new shipyards
The Indian shipping ministry has asked two state-owned shipyards to carry out feasibility studies and help build two new shipyards, one on the east and one on the west coast.Shipping secretary A.P.V.N. Sarma said that the Kochi, Kerala-based Cochin Shipyard Ltd and Visakhapatnam, Andhra Pradesh-based Hindustan Shipyard Ltd have been ...
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Turkish shipbuilder wins Azerbaijan order
The Palmali Group, owned by the Mansimov family in Azerbaijan, ordered 10 tankers to be built by Turkey?s Bežiktaž Group, for a total price of $200 million. The tankers will be delivered to the Azeri company between December 2010 and September 2013.This deal is of key importance for the Turkish ...
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DNV signs two classes of general agreements with CCS
DNV has recently signed a dual class general agreement with China Classification Society, a further step forward on cooperation with the local class society. DNV and China Classification Society (CCS) have entered into this dual class general agreement for further development of quality services provided by common services of DNV ...
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Cancellations at Indian yard
Tebma Shipyard in India has recently been hit by two cancellations. Norwegian owner DOF Subsea cancelled orders for three multipurpose supply vessels while Trico Marine Services, USA, has indefinitely suspended the delivery of four PSVs. Trico Marine had ordered seven vessel but with an option to cancel its orders. Another ...
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Venezuela orders new Ro-Pax
Sea Transport Solutions, the Australia ship designer, has been commissioned to design a new 64-metre Ro-Pax catamaran for Venezuela. The new vessel will have a large cargo capacity but reduced passenger area and will enter into service with Venezuelan operator Gran Cacique?s earlier vessel, ?Sea Spirit?. The vessel is scheduled ...
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MOL signs contract with Jiangsu Shagang Group
Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company became the first overseas shipowner to sign a long-term iron ore transport contract with Jiangsu Shagang Group Co., Ltd. of China. The10-year voyage contract requires MOL to transport iron ore from Australia/Brazil to Jiangsu?s Shagang berth at Zhangjiagang Port.A 207,000 dwt ...
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New buyer secures shipbuilding contract with Bergen Group
Bergen Group BMV in Norway has negotiated a contract with Island Offshore Shipholding Group LP about takeover of the shipyard hull number 164, a large DP3 offshore vessel that will be completed in the 2nd quarter of 2010. The original contract for the construction of this vessel was made between ...
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Drydocks World - Dubai wins third consecutive SMEISA award
Drydocks World - Dubai, the ship repair, conversion and new building yard of Drydocks World, has won the Ship Repair/ Shipyard Award for the third time in a row at the 7th Seatrade Middle East and Indian Subcontinent Awards (SMEISA) 2009.The award, a recognition of high productivity and established quality ...
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Synergy to build new shipyard in Brazil
The Synergy Group in Brazil has completed talked with the state governor of Alagoas to build an $876 million shipyard. To be located over a two million-square metre area in the city of Coruripe, Estaleiro Eisa de Alagoas will build both rigs and ships. The President of the Synergy Group, ...
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China to build more shipyards in Zhuhai
In a move that defies logic given the current overcapacity in the shipbuilding industry, China State Shipbuilding Corporation (CSSC), the state-owned shipbuilder, is planning a major new shipbuilding facility. CSSC plans to build a ship building and marine engineering base in the southern Chinese city of Zhuhai, Guangdong Province, with ...
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Japanese newbuilding orders sink again
Japanese export ship orders continue to decline and, for the 12th consecutive month in September on a year-on-year basis, tumbled 75.5 % to 543,500 gt, according to figures released by the Japan Ship Exporters' Association. The September figures confirmed that there is no sign yet of the long-awaited recovery in ...
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Pipavav bags a dozen OSVs
India?s largest dockyard Pipavav Shipyard has signed a contract with the Oil and Natural Gas Commission (ONGC) for construction and supply of 12 offshore supply vessels (OSVs) at a total value of about Rs 513.83 crore ($111.8 million).With its focus on oil and gas and defence sectors, Pipavav has orders ...