General News – Page 358
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Strategic Marine launches floating dry dock
Strategic Marine has launched the base of the floating dry dock it has on order from the Australian Marine Complex (AMC) on schedule from its Vietnamese shipyard.The dock?s 4,400 tonne base was launched from the company?s facility at Dong Xuyen Industrial Zone at Ba-Riang Vung Tau. The 99m long and ...
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CSBC to be privatised
Taiwan will release 51% stake in the state-run CSBC Corporation (China Shipbuilding) by the end of this year, marking it the largest initial public offering for 2008 so far. Fubon Securities Co. will handle the issuance of 33%, or approximately NT$3 billion ($90.9 million), of the CSBC shares. Fubon Securities ...
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Chouest taking over Tampa Bay shipyard
The Louisiana-based Edison Chouest Offshore (ECO) is establishing an operation at the Port of Tampa, buying the Tampa Bay Shipbuilding & Repair Co.'s lease and retaining its 500 employees with plans to add workers and additional trades.ECO, founded with a single vessel nearly 50 years ago, operates six shipyards along ...
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Cammell Laird back on Merseyside
Today sees the Cammell Laird name return to its historic Birkenhead shipyard home in a move the yard?s owners say could help them win new business from around the world. Cammell Laird, one of the best-known names in the shipbuilding world, has been absent from the Mersey since 2001 when ...
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Seaspan takes delivery of another feeder
Seaspan takes delivery of another feederSeaspan Corporation has accepted delivery of the 'CSCL Santiago', a 2,500 TEU newbuilding. The new containership, which was built by Jiangsu Yangzijiang Shipbuilding in China, expands Seaspan's current operating fleet to 34 vessels with 34 remaining newbuildings to be delivered over approximately the next three ...
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KDB, Hanwha sign Daewoo deal
Last Friday Korea Development Bank (KDB) signed a preliminary deal with Hanwha Group on the sale of a controlling stake in Daewoo Shipbuilding & Marine Engineering Co. (DSME). Starting next week, Hanwha will begin a due diligence on DSME for three or four weeks, the bank said. The deal came ...
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ST Engineering secures naval contract
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd, has secured a contract in a basket of currencies amounting to about S$200m, to design and build a 141metre landing platform dock (LPD) ship, two 23 metre landing craft mechanised (LCM) and two 13 metre landing ...
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Hyundai Mipo order revised
Hyundai Mipo Dockyard has signed a $408 million order that revised up a 2007 contract to reflect changes to ship types. The South Korean shipbuilder had initially won a $373 million order for eight container ships from an unidentified company in Europe in September 2007. The new contract now calls ...
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Bangladesh on threshold of export binge
Bangladesh claims it is set to be swamped with orders for small ocean-going ships in the coming years as major Asian shipbuilders are now fully booked and are either turning down orders or delaying deliveries, industry people and service providers said.Policy and fiscal supports from the government can help the ...
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Austal wins JHSV contract
Austal USA has won a contract to design and build the US Department of Defence's next generation multi-use platform, the Joint High Speed Vessel (JHSV), as part of a programme potentially worth over $1.6 billion. As the project's prime contractor, Austal will design and construct the first 103-metre JHSV, with ...
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Macgregor appoints Greek agent
Cargotec?s MacGregor business area has strengthened its position and sales activity-potential in Greece by signing a co-operation agreement with Piraeus-based company Oceanking Technical & Trading Ltd. Oceanking will be the sole representative supporting Macgregor's sales activities for newbuilding projects in Greece. Hans Berg, vice president of common sales for the ...
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Volstad orders seismic research vessel
Volstad Maritime AS in Aalesund, Norway, has ordered another seismic research vessel based on ST-design. The new vessel is a ST-327L CD with a length of 108 m and a beam of 24 m. This is the third seismic research vessel Skipsteknisk has designed for Volstad Maritime but vessel number ...
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Slow steaming to stay says AXSMarine
Lower bunker prices are unlikely to reverse the current trend of slow steaming for container lines according to AXSMarine?s weekly analysis of the liner market. Bunker prices have seen a sharp decrease in the past three months, from $650 in end August 2008 to $250 today, thereby eliminating the primary ...
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No decision on Hanjin Filipino shipyard
Hanjin Heavy Industries has not yet made a final decision on whether to drop its $2billion shipyard project in the southern Philippines. According to a Hanjin spokesman, the project is suspended but nothing has been decided on whether to withdraw or not. A Manila newspaper reported recently that Hanjin was ...
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STX secures tanker order
STX Shipbuilding has signed a deal worth 209 billion won ($151 million) to build an oil tanker for a European shipping company. The deal calls on STX Shipbuilding to deliver the VLCC by November 2011. The deal came amid concerns that future orders for new ships would fall sharply due ...
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Shipbuilders facing uncertain times
John Swire & Sons affiliate China Navigation has confirmed it has ?postponed? its first newbuilds for ten years. The six 40,000 dwt multipurpose vessels costing a combined $360m were put on hold as the yard, Nantong Mingde, was five days late in signing the refund guarantee. "The orders are postponed," ...
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ADBS lands Bahrain landing craft contract
Abu Dhabi Ship Building (ADSB), the only dedicated naval shipbuilding and repair facility in the Arabian Gulf, has been awarded a contract by the Bahrain Naval Forces to construct two 42-metre steel landing craft and two 16-metre landing craft made of composite materials. The multi-million dollar contract was won in ...
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STX willing to offload part of Aker
Korean shipbuilder STX has said it would be interested in selling some of its shipbuilding holdings to the Finnish government. According to the chairman of the board of STX Europe, formerly Aker Yards, Su-Jou Kim is proposing a similar arrangement to that carried out in France where the state becomes ...
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Wadan delivers second Norilsk Nickel vessel
Wadan Yards Germany with shipyards in Wismar and Rostock-Warnemünde delivered the second out of four ice-breaking container / cargo ships of the type Aker Arctic CS 650 for arctic operation to the large Russian mining company OJSC "MMC "Norilsk Nickel". Yard number 158 was named 'Zapolyarnyy' and will leave the ...
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Safedor final conference
SAFEDOR is about to complete its four year R&D programme. To mark this event, partners of SAFEDOR will present the latest and overall results of their work at a public conference at the headquarters of the IMO on 27 and 28 April 2009. The event will provide an excellent opportunity ...
