General News – Page 396

  • News

    China leads the world in ship orders

    2008-02-05T00:00:00Z

    As of the end of December 2007, Chinese shipbuilders? orders-in-hand had totaled 158.89 million dwt, rising by 131% year-on-year, according to statistics released by the Shipping Industry Administrative Office of the Commission of Science, Technology and Industry for National Defence. China accounted for 33% of the world's total shipbuilding orders-in-hand ...

  • News

    HHI wins boxship sextet

    2008-02-05T00:00:00Z

    Hyundai Heavy Industries (HHI) has won a deal valued at 794 billion won ($843 million) to build six container ships. The deal with a European shipping company calls on HHI to deliver the vessels by May 2011.The shipbuilder has enough orders to keep it busy for about four years. To ...

  • News

    China building Italian Capers

    2008-02-04T00:00:00Z

    Italian shipping company Rizzo-Bottiglieri-De Carlini Armatori SpA (RBD) signed a $180 million contract with Shanghai Waigaoqiao Shipyard for two 177,000 dwt Capesize bulk carriers. "These will be the largest ships in our fleet. With them, we will develop a deep and stable commercial relationship with China, especially with its major ...

  • News

    Vietnam completes second Diamond bulker

    2008-02-04T00:00:00Z

    The Ha Long Shipbuilding Company in the northern province of Quang Ninh, Vietnam, recently handed over the second 53,000 dwt bulk carrier to Graig group of the UK. The Blue Diamond freighter was designed by the Carl Bro company of Denmark and classed by DNV.Construction of the third newbuilding of ...

  • News

    Aussie yard bags another European order

    2008-02-04T00:00:00Z

    The Netherlands-based maritime services company Smit has awarded Australian shipbuilder Strategic Marine a contract to build three aluminium hulled crew/pilot boats for use in its Middle East operations.Strategic Marine chairman, Mark Newbold, said the sale of the 22.10m crew/pilot boats re-enforced Strategic Marine?s reputation as a global shipbuilder. "This is ...

  • News

    STX confirms new shipyard in Vietnam

    2008-02-04T00:00:00Z

    STX Group's construction of a shipbuilding yard in Vietnam has been confirmed. The Korean shipbuilder announced that the Vietnamese government has recently approved of STX's plan to construct an offshore production base and that the company plans to invest $150 million by 2015. This event will provide the STX Group ...

  • News

    NASSCO wins T-AKE number 10

    2008-02-04T00:00:00Z

    General Dynamics NASSCO, a unit of defense contractor General Dynamics Corp, said it was awarded a $460 million contract to build a tenth T-AKE dry cargo ammunition ship and buy materials for an eleventh. Construction on the tenth ship is due to start in January 2009, with delivery planned for ...

  • News

    SkySail ship slashes fuel consumption

    2008-02-04T00:00:00Z

    The world's first commercial ship powered in part by a giant kite is recording fuel savings of between 10 and 15 % midway into its maiden voyage across the Atlantic, according to Bremen-based Beluga Shipping.The 10,000 dwt ?Beluga SkySails? left Germany on 22 January for Venezuela and its computer-guided kite ...

  • News

    Europe orders big cat

    2008-02-04T00:00:00Z

    MGC Chartering Limited has placed an order with Australian high-speed catamaran builder Incat in Tasmania for Incat?s third state-of-the-art 112 metre wave piercing catamaran due for delivery in February 2009.Incat hull 066, the latest vessel in the successful 112 metre range from Incat, is specifically designed with the European ferry ...

  • News

    Low sulphur fuel deal for WWL

    2008-02-04T00:00:00Z

    Wallenius Wilhelmsen Logistics? (WWL), represented by their marine fuels partner Wilhelmsen Premier Marine Fuels, has signed its largest ever deal for low sulphur fuel with Shell Marine Products A/S. The deal is one of Shell Marine Product?s (SMP) largest supply agreements for low sulphur fuel oil and will see ...

  • News

    AMD helps build China's warcats

    2008-02-01T00:00:00Z

    The Chinese Navy is using Australian technology to upgrade its warships, a move which experts warn may be detrimental to Australia's national security. Through a joint venture company based in China, an Australian business, AMD, has sold designs for the hull and propulsion system of high-speed missile-armed catamarans to the ...

  • News

    More support for lower speeds

    2008-02-01T00:00:00Z

    There has been another call for ships to cut their sailing speed to save bunker fuel and cut harmful emissions. Lars Carlsson, chairman of the cross-industry lobby group SEAaT (Shipping Emissions Abatement and Trading) said it wasn't that oil was going to run out it was rather that "we cannot ...

  • News

    Container claims going overboard

    2008-02-01T00:00:00Z

    The North of England P&I club based in Newcastle-upon-Tyne, UK, reports in the latest issue of its loss-prevention newsletter Signals that container damage and loss continues to be a problem on container ships. "Container losses and collapsed stows in heavy weather continue to occur," says the club?s head of loss-prevention ...

  • News

    More seafarers wanted

    2008-02-01T00:00:00Z

    Ambassador Stale Torstein Risa of Norway, as the keynote speaker of the two-day International Maritime Conference hosted by John B. Lacson Foundation Maritime University (JLFMU), sounded a warning that there is a shortage of ?quality? seafarers around the globe. He encouraged maritime schools in the country to give importance to ...

  • News

    Jinhui cancels two newbuildings

    2008-02-01T00:00:00Z

    Norwegian-listed bulk shipping group Jinhui Shipping and Transportation cancelled major orders for two ships, blaming the market volatility in global financial markets for its decision. The two 300,000 DWT very large ore carriers (VLOC) had been ordered from China Shipbuilding & Offshore International Company at a cost of $122.62 million ...

  • News

    Austal awarded US Navy contract

    2008-02-01T00:00:00Z

    Austal has been awarded a Preliminary Design Contract for the Joint High Speed Vessel (JHSV) programme for the US Navy and Army. The JHSV requirements and concept of operations are similar to those of the Austal built ?WestPac Express?, which has been successfully serving the III Marine Expeditionary Force in ...

  • News

    Tasmania developing US military cats

    2008-02-01T00:00:00Z

    Incat Tasmania Pty Ltd and Revolution Design Pty Ltd have been awarded one of three US multi-million dollar design contracts by the US Department of Defense.The Tasmanian based companies are part of an international consortium responding to the United States Department of Defense (DoD) acquisition program for the Joint High ...

  • News

    Japanese yards win Meiji contracts

    2008-01-31T00:00:00Z

    Meiji Shipping in Japan has ordered one 50,000 DWT (MR-type) product carrier from Onomichi Dockyard and two 56,000 DWT Handymax bulkers from Mitsui Engineering & Shipbuilding (MES). The PC is due for delivery in the first half of fiscal 2011, while the two bulkers ware scheduled for completion in, respectively, ...

  • News

    SPP snaps up more handies

    2008-01-31T00:00:00Z

    South Korean yard SPP Shipbuilding has received orders for a total of four 59,000 DWT bulkers from two owners. The price is reported to be $48-49 million each which is not far off the all-time high price of above $50 million for Handymax bulkers secured by STX in mid-January. The ...

  • News

    Korea bags Oman tanker contract

    2008-01-31T00:00:00Z

    Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering Co won a $1.54 billion contract to build oil tankers for Oman. The two South Korean shipbuilders will build five tankers each for the government of Oman.