General News – Page 387
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US drill ship contract for Daewoo
Daewoo Shipbuilding & Marine Engineering has won a 554 billion won ($566 million) order to build a drill ship. The deal from an American company calls for Daewoo to deliver the vessel, used for deep-water oil exploration, by September 2010.
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Sigma marine coatings lead the way
?SigmaPrime 700? and ?SigmaPrime 700 LT? coatings will be applied to a vessel being built in Korea for Chandris Hellas that will be the first built in full compliance with IMO?s ballast tank coatings regulation ?Performance Standard for Protective Coatings? (PSPC). Sigma?s coatings have received Lloyd?s Register type approval certificates ...
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Farstad gets newbuilding
Norwegian-based offshore support specialist Farstad Shipping has received delivery of its latest newbuilding, the ?Far Searcher? from Aker Yards. Farstad Supply, a wholly owned subsidiary of Farstad Shipping, says the UT751 E class vessel will immediately be deployed on a long-term contract for StatoilHydro.
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Voith to propel Gironde ferry
The Gironde Delta in the south-west of France is to get another double ended ferry to run on the service across a six-kilometre stretch between the riverine towns of Verdon sur Mer and Royan. The ferry connection saves passengers a detour of approximately 155 kilometers and/or a car trip lasting ...
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ABS reports continuing success
Calling 2007 "a truly remarkable year," ABS Chairman and Chief Executive Officer, Robert D. Somerville reported a record fleet size and record order book. Acknowledging that "ABS has benefited from the quite extraordinary bull run of the last few years," Somerville attributed much of the success of the organization to ...
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Imtech on a roll
Imtech NV in the Netherlands has won contracts worth over 50 million Euros to provide technical services on board various high-tech offshore construction vessels to be used in the exploration and exploitation of oil and gas. The contracts include orders from Sembawang Shipyard in Singapore, Seaway Heavy Lifting in the ...
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Dutch design second Global Industries vessel
US offshore major Global Industries has decided to build yet another new pipelay / heavy lift vessel designed by Dutch design company Ulstein Sea of Solutions (USOS). The vessel named ?Global 1201? will be an evolution of the ?Global 1200?, currently under construction at Keppel Singmarine and also designed by ...
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Philly yard delivers fourth MT46 tanker
Aker Philadelphia Shipyard delivered its fourth Veteran Class MT46 tanker vessel to Aker American Shipping. It is the first vessel sold for profit to Aker American Shipping following the corporate reorganization that split the ship-owning and shipbuilding operations last December. The 185 metre long tanker is the first to be ...
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US ballast water bill may be voted on next week
Legislation requiring treatment of ballast water on ships in the Great Lakes may reach a vote in Congress next week, but some of the bill's details remain a mystery. Rep. James L. Oberstar, D-Minn., plans to bring an annual Coast Guard funding bill, which contains the ballast provisions, next week ...
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GL customers discuss MEPC decisions
The Marine Environment Protection Committee (MEPC) of the IMO convened its 57th meeting focusing on the reduction of harmful emissions and ballast water management, as well as the planned convention for environmentally sound ship recycling. At the GL First Class Exchange Forum, Germanischer Lloyd (GL) discussed current developments with more ...
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ISU calls for a new LOF
International Salvage Union (ISU) president Arnold Witte had called on all sectors of the shipping and insurance industries to approach the issue of salvage and spill prevention with "fresh thinking and open minds." Speaking at the ISU?s Associate Members? Day conference in London recently, he said the cost of failure ...
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SCI orders bulker quartet from STX
The state-run Shipping Corp. of India Ltd (SCI) is set to buy four 82,000 dwt Kamsarmax-type dry bulk cargo carriers from South Korea?s STX Shipbuilding Co. Ltd for $239.80 million. STX emerged the lowest bidder in a global tender called by SCI with a quoted a price of $59.95 million ...
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Brazil to expand shipbuilding industry
Brazil plans to promote the country?s ship building industry not only to supply vessels and oil rigs for domestic demand but to export them to the rest of Latin America. "We?ve started a new policy to promote the building of new shipyards and updating existing ones so we can have ...
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Cosco cancels rig order
Cosco Singapore shipyard has canceled a $202 million order to build a semi-submersible oil rig hull because Red Flag A.S. of Norway didn?t pay a deposit for the construction to proceed. This raised concern that more clients may be facing higher borrowing costs amid the U.S. subprime mortgage crisis. Cosco ...
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POSCO raises steel prices again
South Korea's steel manufacturer, Posco, will raise steel prices by up to 20.7% in a move widely expected in markets to help it pass on soaring prices of raw materials. The price rise, its second this year following a February increase, comes after Posco agreed to a 65% rise in ...
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Dolphin Offshore gets nod for shipyard project
India?s offshore service provider Dolphin Offshore Ltd moved a step closer towards the take off platform for its proposed Rs 400-crore greenfield shipyard project in Gujarat, with the company having received the Letter of Intent by the Gujarat Maritime Board for setting up the project at Jafrabad. The company has ...
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SECAs becoming ECAs
The revision of MARPOL Annex VI and the NOx Technical Code (Annex VI) means there is now a sell-by date on the term Sulphur Emission Control Area (SECA) at the IMO. In the revised Annex VI text approved by the IMO's Marine Environment Protection Committee (MEPC) last week, SECA has ...
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Chinese yards bag more orders
A good week so far for Chinese shipbuilders with brokers reporting several major contracts. Cosco?s shipyard in Nantong has received more orders for Suezmax tankers from European owners. Greece?s Thenamaris has reportedly ordered two option two 156,000 dwt tankers from the yard for delivery in 2009, while Turkish owner Geden ...
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Nobiskrug gets new owner
As part of its active portfolio management activities, ThyssenKrupp Technologies is selling the Rendsburg/ Germany-based shipyard Nobiskrug GmbH. Nobiskrug, a subsidiary of ThyssenKrupp Marine Systems, has 400 employees and generated sales of 81 million Euros in fiscal 2006/2007. The buyer, Guernsey based Eagle River Capital Ltd., is part of a ...
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STX Pan Ocean to order boxship
STX Pan Ocean Co., South Korea's top bulk carrier, has plans to spend 288 billion won ($295 million) to add two container ships to its fleet by 2012. Earlier this year, the shipping company said it plans to spend $810 million in 2008 on 13 new vessels in order to ...
