General News – Page 394
-
News
Jan de Nul orders two more dredgers
Jan De Nul Group has placed an order with Tianjin Xinhe Shipbuilding and Heavy Industry in China for the construction of two 3,400m³ hopper dredgers. In addition, the company has agreed an option for a third identical hopper dredger. Delivery is slated for early 2010.The dredgers are specifically designed for ...
-
News
WW and OW order four LCTCs each
Wilh. Wilhelmsen (WW) and Wallenius Lines (OW) have placed orders with Hyundai Heavy Industries to build four new large car and truck carriers (LCTC). In addition, both shipowners have also ordered four LCTCs from Daewoo Shipbuilding & Marine Engineering. The two shipowners will own four vessels each and the eight ...
-
News
Singapore's Cosco profit up
Singapore-listed Cosco, majority-owned by China Ocean Shipping (Group) Co, said its 2007 net profit climbed to S$336.6 million ($239 million), from S$205.4 million a year ago, a 64 % increase.The company said the strong performance came on the back of robust growth in its ship repair, ship building and rig ...
-
News
Koreans considering Croatian shipyard purchase
A Korean company Might&Main has shown interest in buying two Croatian shipyards in the northern Adriatic. The company has sent its representatives to request additional information on the state-owned 3. Maj shipyard in the port of Rijeka and the Kraljevica shipyard. Damir Polancec, Croatian vice-president and minister for the economy, ...
-
News
Zhejiang to build ten Bourbon vessels
China's Sinopacific Group subsidiary Zhejiang Shipyard has signed a contract with French shipowner Bourbon for the construction of 10 offshore vessels, for delivery during 2010 and 2012. The vessels will each be fitted with a large Hydramarine Active Heave Compensated (AHC) crane which will be built by MacGregor?s offshore division?s ...
-
News
Odfjell cancels Russian newbuildings
In 2004 Odfjell placed contracts with the large Russian Sevmash shipyard, located near Archangelsk, for up to twelve 45,000 dwt IMO type II coated product/chemical carriers.The initial fixed total contract price for all twelve vessels was approximately $500 million, later increased to $544 million. Following serious delays in the construction ...
-
News
Boom time for Japanese shipbuilders
Orders for vessels received by Japanese shipbuilders more than tripled in January to a combined gross tonnage of 1.3 million tons, up 226.7 % against the previous year's 398,640 tons, the Japan Ship Exporters Association said Tuesday. Comparative orders received last month were for 27 bulk cargo ships with a ...
-
News
HSL to venture into shipbuilding
Marine engineering specialist Hock Seng Lee Bhd (HSL) in Sarawak, Malaysia, is diversifying into ship building, maintenance and repair that will enhance its exposure to the oil and gas sector. To that end, HSL has accepted an offer from Sarawak Timber Industry Development Corporation (STIDC) to acquire a 48.43-acre (19.37-hectare) ...
-
News
Thailand aims to develop shipbuilding industry
The state and private sectors have joined to coordinate their efforts to upgrade Thailand's shipbuilding industry with an aim to make the country become ASEAN's shipbuilding and repair center. Atchaka Sribunruang Brimble, director-general of the Industrial Economics Office (IEO), said the agency had signed a cooperation agreement with a private-sector ...
-
News
Pertamina orders two tankers
Indonesian state-owned oil and gas company PT Pertamina said Tuesday it has signed a contract to buy two oil tankers together worth $29.16 million from state-run shipbuilder PT DOC & Perkapalan Surabaya. Construction of the first tanker will be completed in March 2011 and the second vessel will be delivered ...
-
News
Aker to build Arctic boxships
Aker Yards has been awarded a contract by Royal Arctic Line A/S in Nuuk (Greenland) to build two ice-strengthened container ships for arctic operation. The contract confirms Aker Yards' position as the global leader within specialized container ships and of vessels designed to operate in the growing market for ship ...
-
News
Russian yard to expand
The Russian bank Vnesheconombank will be financing the construction of an 18 billion-ruble ($733 million) shipbuilding complex in St. Petersburg owned by billionaire Sergei Pugachyov.The state-owned bank signed an agreement last week with Alexander Gnusarev, chairman of Pugachyov?s United Industrial Corp. (OPK), for the funding of the project which will ...
-
News
Aker denies Genesis delays
Aker Yards ASA has dismissed a Finnish media report claiming the construction of the world's two largest cruise ships is in danger of falling behind schedule. An Aker Yards' spokeswoman said the Turku yard in Finland is still on course to have the Genesis I ready by Autumn 2009 and ...
-
News
Odfjell contracts newbuildings in China
Norwegian shipowner Odfjell has signed agreements with the Chuan Dong Shipyard in China to build a series of six plus four optional 9,000 dwt stainless steel chemical tankers at a total price for the first six vessels of $180 million. Delivery is scheduled in 2010-2012 and these newbuildings will operate ...
-
News
HK yards need mainland Chinese workers
Hong Kong?s two ship repair yards, HUD and Yiu Lian, are reporting unheard of 90% dock occupancy for the past 18 months. Yet, if this important sector is to continue then the Hong Kong government must rescind old immigration rules and allow mainland Chinese skilled labourers to work at the ...
-
News
NGV Tech winning orders for expanded shipyard
Malaysian shipbuilder NGV Tech Sdn Bhd is lining up a string of newbuild contracts for its newly expanded shipyard in Sijangkang, Malaysia. In 2005, the Malaysian shipbuilder expanded the yard to step up its newbuild programme in support of the booming oil and gas sector. The yard is now capable ...
-
News
BAE bids for RFA tankers
Work on a new order for the Royal Fleet Auxiliary could be coming to the Clyde, it emerged today. A consortium led by BAE Systems has declared it wants to design and build up to six tankers for the Ministry of Defence. If its bid is successful the contract could ...
-
News
L&T angling for Dutch shipbuilding contract
India?s biggest engineering and construction firm, Larsen and Toubro Ltd, is in talks with a Dutch shipowner for a new building contract valued at more than $100 million (Rs397 crore). "Yes, L&T is negotiating with a Dutch shipowner for a new building order. But, I cannot tell you the name ...
-
News
AET gets new delivery
Tanker owner-operator AET, a wholly owned subsidiary of MISC Berhad, welcomed the newest addition to its rapidly growing fleet with the naming and delivery of the 107,000 dwt Eagle Turin at the Imabari Shipyard at Koyo Dockyard in Japan. Eagle Turin, which will fly the Singapore flag, becomes the 49th ...
-
News
Qianjin yard building SPO AHTSs
Swire Pacific Offshore Holdings (SPO), the wholly owned offshore service subsidiary of Hong Kong listed Swire Pacific Limited, has placed an order with Qianjin Shipyard in Qingdao, China, to build eight vessels at a price of $100 million.According to the deal, Qianjin Shipyard will manufacture and deliver the eight 57 ...