General News – Page 360
-
News
Pipavav shipyard faces uncertainty
Mumbai-based Pipavav Shipyard, India?s newest private sector shipbuilder, may find itself grounded with six 75,000 dwt Panamax bulk carriers after a buyer announced earlier this week that it might go into liquidation. London-based Britannia Bulk Holdings Inc. said recently that following a substantial third quarter loss for calendar year 2008, ...
-
News
Keppel expands Cebu operation
The Board of Investments (BOI) has approved a P589,927 million ($12.04 million) project of Keppel Singmarine Philippines Inc. (KSPI) for the production of tugboats and offshore support vessels for export. KSPI said the new project was in line with the Keppel Group's Near Market, Near Customer strategy and its support ...
-
News
Transpetro will not delay tanker orders
Transpetro, the transport unit of Petroleo Brasileiro SA, will be able to maintain a 49-tanker fleet expansion program because it has sufficient financing from a government fund and can ignore the world credit crunch, the unit's president said. Brazil's Merchant Marine Fund, managed by state-development bank BNDES, has enough cash ...
-
News
BW orders four VLOCs
BW Bulk UK Co, a sister company of Singapore based BW Group, has ordered four 388,000 DWT very large ore carriers (VLOC) from Bohai Shipbuilding Heavy Industry Co Ltd in China for delivery in 2011 and 2012.
-
News
Aker is now STX Europe
"As Aker Yards, this company established a track record for building some of the world's most innovative ships. As STX Europe, we approach the market with a new brand and the sharper strategic focus of attaining international market leadership within our two key segments: cruise and offshore vessels," says Torstein ...
-
News
Abu Dhabi still interested in Polish shipyards
Polish newspapers report that Abu Dhabi Investment Authority (ADIA), the world?s biggest sovereign wealth fund with estimated assets at $875 billion, is still interested in Polish shipyards. The Polish State Treasury received an inquiry from ADIA in July 2008, but no offer was received. Deputy Treasury Minister, Zdzislar Gawlik, said: ...
-
News
Wärtsilä propulsion systems for Aker Yards
Wärtsilä has signed major contracts with Aker Yards AS S?viknes and Aker Yards AS Trading - the recently established project development arms of the Aker Yards Group - for the supply of propulsion equipment for five offshore vessel projects being built in Norway, India and Brazil. The orders cover the ...
-
News
CEVA wins award redesigning Wärtsilä's parts transportation system
Wärtsilä Corporation's logistics partner, CEVA Logistics, has been awarded the first Lean & Green Award 2008 in the Netherlands. CEVA Logistics won the award for their best practice example in designing a CO2-friendly supply chain for Wärtsilä. The award was granted by Connekt, a recognized Dutch forum that promotes smart ...
-
News
Polish shipyard workers protest in Brussels
Some 300 workers from the ailing Polish shipyards have been protesting in Brussels, demanding their jobs be saved. The European Commission is closely involved in the future of the Gdynia and Szczecin shipyards, both heavily in debt and reeling from the impact of EU competition rules.Last week, Poland said that ...
-
News
Wärtsilä powers world's largest ore carriers
Wärtsilä engines will power the world's largest ore carriers, 12 of which have been contracted by a Brazilian shipowner. This is the biggest order for Wärtsilä RT-flex82T low-speed engines, which is one of four new engine types introduced by Wartsila, all of 820 mm cylinder bore. It combines the benefits ...
-
News
China unveils world?s first VLCC built to CSR
Tanker shipping entered a new era of robust vessel construction recently when Shanghai Waigaoqiao Shipyard (SWS) delivered to Singapore?s Ocean Tankers (Pte) Ltd the first VLCC built to Common Structural Rules (CSR).Weighing in at 318,000 dwt, the 333 metre long and 60 metre wide Hua San, the first of 11 ...
-
News
Fincantieri to build fleet tanker for Indian navy
Fincantieri has won an order to build a fleet tanker for the Indian Navy against strong competition from leading international players, especially from Russia and Korea. The vessel, which will be built at the shipyards in Liguria, is scheduled for delivery at the end of 2010 and will be 175 ...
-
News
Anglo-Italian alliance formed for RFA contract
At the opening day of the Euronaval Exhibition in Paris a major Alliance was announced between Italian shipbuilder Fincantieri and UK shiprepair, conversion and military support specialist NSL. Fincantieri is forming a major European Alliance with the British shipyard, Northwestern Shiprepairers and Shipbuilders Ltd (NSL) which is based in the ...
-
News
DD Docks expands in India
Dubai Dry Docks Limited has bagged the project, for a ship yard along with a drydock in a 400-acre site adjoining the fishing harbour in Kakinada, Special Secretary to Andhra Pradesh government, Infrastructure and Investments and Ports K V Brahmananda Reddy said. He said an MoU in this regard would ...
-
News
Ships created in Kochi set to sail soon
Ships designed in Kochi, India, will soon sail the world?s oceans with the Cochin Special Economic Zone (CSEZ)-based centre of the Bahamas-based Smart Engineering and Design Solutions Limited (SEDS) completing the first of its designs, now undergoing tests in Europe.The SEDS unit started functioning in the Cochin Special Economic Zone ...
-
News
IMO to address ship recycling
Ship Recycling, a challenging aspect on the conscience of shipping, is finally being addressed by the Marine Environment Protection Committee (MEPC). The MEPC convened its 58th meeting and, amongst others, approved the final draft of the Convention on Safe and Environmentally Sound Recycling of Ships, to be considered for final ...
-
News
Malta extends shipyard deadline
The government of Malta is to extend its call for expressions of interest in the privatisation of Malta Shipyards by a week, until 3 November. The call is being extended in view of the changed circumstances brought about by the strong response to the early retirement schemes offered to the ...
-
News
Vietnam wins export contracts
Nha Trang Shipyard of Vietnam Shipbuilding Industry Corporation (VINASHIN) has won two contracts to build four new cargo ships for companies in Norway and Laos. The contracts with Laos LS Tourism and Transport Company is worth $63 million for two ships of 20,000 and 22,500 DWT. The smaller of the ...
-
News
New Chinese yard quits shipbuilding
A new private Chinese shipbuilder, Jiangsu Xiangshui Suncia Shipbuilding Industry, has confirmed it has exited the newbuild sector having failed to secure refund. The yard which was founded last year aimed to build private yachts as well as handysize and handymaxes and had German KG Konig and Cie on its ...
-
News
Keppel mulls growth opportunities in Brazil
Singapore-based Keppel Offshore & Marine (Keppel O&M) is looking at options to expand its operations in Brazil to benefit from an expanded rig demand in the country over the next few years.The country's state-owned oil and gas company Petrobras has indicated plans to tender for the construction of 28 deepwater ...
