General News – Page 343
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Petrobras FPSO tender could be delayed
The Brazilian oil company Petrobras is scheduled to receive proposals next week for eight FPSO hulls, but Brazilian media report that just four of the 13 companies invited to vie for the contract plan to submit a bid.An unnamed Petrobras source said that if the prices of the bids are ...
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Korean yards fighting to win massive LNG-FPSO order
The big three shipbuilders in South Korea are fiercely competing to win a massive LNG-FPSO order to be placed by Royal Dutch Shell. This mega project, said to cost some $4bn-plus, calls for the construction of an LNG-FPSO with a length of 468m and a width of 74m which would ...
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MacGREGOR wins DSME crane order
MacGREGOR, part of Cargotec Corp., has received an order for 28 hose handling and provision cranes from Korean shipyard Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME). "For many years now MacGREGOR has enjoyed fruitful co-operative agreements with DSME and we are pleased to be working with the company again ...
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China to build three world-class shipbuilding bases
By 2011, the Yangtze River Delta, the Pearl River Delta and the Circum-Bohai Bay region will be built into three world-class shipbuilding bases in China, according to a recent development program for the country?s shipbuilding industry. In addition, the program strongly supports the merger of China?s two leading shipbuilding companies: ...
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Jurong secures Seadragon semisub
Jurong Shipyard in Singapore, a wholly-owned subsidiary of Sembcorp Marine, has secured a rig order from Gander Drilling Limited, a wholly-owned subsidiary of SeaDragon Offshore Limited, to complete and deliver a Moss Maritime DP-3 semi-submersible drilling unit with an option for an additional unit.The six-column bare-deck hull, built in a ...
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EDT newbuilds delayed again
EDT Offshore's two platform-supply-vessel (PSV) newbuildings in Spain have been delayed by a further six months. Cyprus-based EDT's first unit from Astilleros de Sevilla is expected to be launched in October, while the second has been passed over until next year.It is understood that the first 4,700 DWT vessel was ...
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Besiktas takes over LNG order
Turkey's Besiktas Group has secured a deal worth ?60m ($80.5m) to take over an order to construct four LNG tankers. Liquid gas and chemical carrier specialist Gas and Heat, based in Livorno, Italy, had originally given the construction project for the 3,360m3 ships to another Turkish builder, Berk Shipyard, on ...
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Hyundai completes FPSO dock
Hyundai Heavy Industries has completed work on the world?s first dedicated dry dock for FPSO vessels. The new "H dock" is the single largest dry dock in the world at 490m long, 115m across and 13.5m deep. The Ulsan-based company said it will be used to build ships of up ...
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Austal lands Maltese cat
Austal has received its second large vehicle ferry order within a week after being selected by leading Maltese operator Virtu Ferries to design and build a 107m vehicle-passenger catamaran.The order follows last week?s announcement of a contract with Denmark?s Nordic Ferry Services to build Austal?s largest ever catamaran, emphasising the ...
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Indonesian bank to lend additional funds to PAL
Pt Bank Negara Indonesia has agreed to provide additional loan of $25.6 million for state shipbuilding company Pt PAL Indonesia to fund the building of four tankers on orders from Turkey and Italy. The bank had earlier provided a loan of $83 million to Pt PAL to finance newbuilding projects ...
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China aiming at Q-Flex LNG tankers
Marine Design and Research Institute of China is planning to build a Q-Flex LNG tanker with a capacity of about 215,000m3 said Zhu Jianzhang, a marketing official with the state research unit. Qatar had ordered 45 of the world's biggest tankers from South Korean shipyards including Samsung Heavy Industries. Chinese ...
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Hyundai-Vinashin launches first ship
Hyundai-Vinashin Shipyard in Vietnam, a joint venture between Hyundai Mipo Dockyard of South Korea and Vietnam's state-owned shipbuilding group Vinashin, has launched its first bulk carrier. The joint stock company floated a 56,000 DWT bulker ?E.R. Bergamo' on 31 March.This vessel is the first of the 10 bulk carrier series ...
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IMO to adopt climate-friendly rules for ship recyclers
The IMO has bowed to pressure to adopt climate-friendly ways in its recycling sub-sector. From next month, it is set to come up with new regulations for ship recyclers. Activists have piled pressure on the shipping industry to seek safer recycling methods that will reduce degradation of the environment. Ship ...
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CSSC fares well on healthy order book
China State Shipbuilding Co Ltd (CSSC), one of the largest shipbuilders in the country, said that its net profit in 2008 increased by 48.6% year-on-year to 4.16 billion yuan. The company's revenue increased by 48% to 27.66 billion yuan, of which 21.44 billion yuan was from shipbuilding, 3.02 billion yuan ...
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SCI to place orders for ten ships
Shipping Corporation of India (SCI) said it will place orders for 10 ships in this financial year. Last year, the company had postponed the purchase of eight new vessels owing to global economic slowdown.SCI had laid out a capital expenditure plan of $4 billion to purchase 79 vessels in the ...
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CSBC to sue Zim
Officials of Taiwan's leading shipbuilder, the state-run CSBC Corp., said recently that, despite a last-minute decision by the Israeli shipping company ZIM to cancel an order for six container ships worth $220.4 million, CSBC's order books are full until 2012.CSBC said that the preliminary income losses from the cancelled order ...
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Order for largest ever Austal cat
Austal will build its largest catamaran to date following an order from Denmark?s Nordic Ferry Services for the design and construction of a 113m high speed vehicle-passenger ferry. This order, which was reported by the Motor Ship on 11 March, is for a high-speed ropax ferry designed to carry 1,400 ...
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Shipbuilders restructuring unavoidable
Shipbuilding slump such as new order drought and existing order cancellations could last as much as 10 years, according to a South Korean analyst. Especially, small and midsize shipbuilders could face closure and urgently need restructuring such as selling facilities or changing business.Yang Jong-seo, a senior analyst at a foreign ...
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Shipbuilder eyeing icebreaker contract
Fincantieri Marine Group, which operates Marinette Marine Corp. and Bay Shipbuilding Co. in the USA, is closely watching federal legislation introduced last week seeking construction of a new Great Lakes icebreaker. "We were absolutely thrilled to see the legislation come in, and we're following it with great interest," said Bob ...
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Chittagong discouraging shipbuilding
Chittagong Port Authority (CPA) has said it would allow shipbuilding yards in the upstream of the Karnaphuli river. But shipbuilders say CPA's policy would 'stunt' the growth of the emerging industry. CPA chairman RU Ahmed said the Authority has drafted a policy to pave the way for establishing ship building ...
