General News – Page 397

  • News

    Indonesia takes delivery of corvette

    2008-01-31T00:00:00Z

    The Indonesian navy has taken delivery of the second of four corvettes ordered from the Netherlands. The 1,600-tonne Sigma-class corvette, named ?KRI Hasanuddin-366?, will join the navy's Western Fleet as a patrol ship.Four of the missile-equipped ships were ordered from the Schelde naval shipyard in the Netherlands in January 2004. ...

  • News

    Brunei expands LNG fleet

    2008-01-31T00:00:00Z

    Daewoo Shipbuilding and Marine Engineering (DSME) has won a 465.3 billion won ($492.5 million) order to build two LNG carriers for the state-run gas carrier of Brunei.The contract also has an option for Daewoo to sell an additional two ships to Brunei Gas Carriers Sendirian Berhad. DSME, which accounts for ...

  • News

    DSME building another block factory

    2008-01-30T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSME) is to construct a Won162.2bn block facility to speed up construction of its four-year order backlog. Work on the new factory at its Okpo facility will start in 2009. DSME is also investing an additional Won770bn this year to extend the length of its ...

  • News

    Maersk sells its car carriers

    2008-01-30T00:00:00Z

    The Copenhagen-based AP Moller-Maersk is to dispose of its car-carrying ships to Norway?s Höegh Autoliners in the latest restructuring move. The move will help Höegh in its efforts to expand its fleet to compete with other large operators of car-carrying ships.In return for its 12 existing vessels and six new ...

  • News

    HSL to build warships

    2008-01-30T00:00:00Z

    The Indian state-owned shipbuilder and ship repairer Hindustan Shipyard Ltd (HSL) plans to invest Rs 1,000 crore in modernising its facilities in the next five years enabling it to enter the naval ship newbuilding market. The defence ministry is keen to place orders for building naval ships at HSL and ...

  • News

    Greek yard wins first ship order in 20 years

    2008-01-29T00:00:00Z

    The Greek shipbuilder Hellenic Shipyards SA, a subsidiary of the German ThyssenKrupp group, has won its first export shipbuilding order in 20 years. The contact is for a jack-up platform or barge for Hochtief after an international tender.

  • News

    Philadelphia launches fourth tanker

    2008-01-29T00:00:00Z

    The fourth double-hulled tanker in Aker Philadelphia Shipyard?s current build program was recently floated off its blocks in the yard?s 1,300 foot long building dock and transferred to the adjacent outfitting dock. Testing and commissioning of the vessel?s systems will take place during the coming months, with the ship scheduled ...

  • News

    Cotai orders four more cats

    2008-01-29T00:00:00Z

    Austal has signed a contract for four additional 47.5 metre passenger catamarans with Cotai WaterJets (Macao) Ltd, adding to the initial ten-vessel contract signed in 2006 by sister company Venetian Marketing Services Limited (VMSL).The new vessels will be identical to those currently under construction at Austal?s Henderson shipyard and will ...

  • News

    STX adds two bulkers

    2008-01-29T00:00:00Z

    STX Shipbuilding has won a deal valued at 204 billion won ($215 million) to build two bulk carriers. The contract from a European shipping company calls on the Korean shipbuilder to deliver the vessels by June 2010.The shipbuilder secured orders valued at more than $10 billion last year to build ...

  • News

    HHI increasing 2008 output by 25%

    2008-01-28T00:00:00Z

    Hyundai Heavy Industries (HHI) plans to deliver 25% more vessels this year as it increases production to work through almost four years worth of orders. The company delivered 11 vessels in January, the highest monthly output in the industry, and the newbuildings were all delivered as much as two-and-a-half months ...

  • News

    India seeking to manufacture marine engines

    2008-01-28T00:00:00Z

    In an attempt to tap increasing demand for ship engines, India?s largest shipping firm, the state-owned Shipping Corp. of India Ltd (SCI), is joining hands with a few government-run ports to enter the business of manufacturing diesel engines for ships. The alliance, led by SCI, also includes Jawaharlal Nehru Port ...

  • News

    Vietnam starts on mega shipbuilding complex

    2008-01-28T00:00:00Z

    Construction of a $281.25 million shipbuilding complex has begun in Yen Hung district, the northeastern province of Quang Ninh, Vietnam.Invested by the Pha Rung Shipyard, a subsidiary of the Vinashin, the complex includes a shipyard, ship repair and auxiliary industrial facilities, and a ship engine manufacturing factory. Once fully operational ...

  • News

    Samsung close to drill-ship deal

    2008-01-25T00:00:00Z

    Samsung Heavy Industries is reportedly nearing a deal valued at $1.32 billion to build two drill ships. The Korean shipbuilder indicated that the contract will be made later in the day with a company in Oceania but refused to identify the buyer.

  • News

    VSNI and HME merge

    2008-01-25T00:00:00Z

    The VNSI (Netherlands? Shipbuilding Industry Association) and HME (Holland Marine Equipment Association) have combined their representative activities into a new association called ?Scheepsbouw Nederland? (Holland Shipbuilding Association) which will be based in Zoetermeer, the Netherlands. The Holland Shipbuilding Association (HAS) represents about 400 members with a total maritime turnover of ...

  • News

    Aussie yard ventures into Mexico

    2008-01-25T00:00:00Z

    Henderson-based shipbuilder Strategic Marine in Western Australia will open its first shipyard in the Americas later this year following a successful joint venture bid with Servicios Navales E Industriales S.A. DE C.V. (SENI) to build two 52 metre aluminum crew boats for Arrendadora Ocean Mexicana S.A. de CV (Blue Marine ...

  • News

    Oman to build new repair yard

    2008-01-24T00:00:00Z

    South Korea?s largest construction company, Daewoo Engineering & Construction (Daewoo E&C) has clinched a $443-million contract to build a shipyard in Oman jointly with an Oman-based builder. The ship repair yard is to be built in the port of Duqm on the southeastern coast of Oman. Daewoo E&C holds a ...

  • News

    STX to set up Vietnam facility

    2008-01-24T00:00:00Z

    South Korea's STX Group plans to set up a manufacturing base in Vietnam, investing $150 million by 2015, to expand its offshore plant business. STX Group's three subsidiaries, STX Corp , STX Shipbuilding Co and STX Engine, will invest in the project. The group won the Vietnamese government's approval to ...

  • News

    ACL announces big order

    2008-01-24T00:00:00Z

    American Commercial Lines (ACL), an integrated marine transportation and services company, has entered into a six-year, $100 million, multi-vessel contract with a major customer, to build both liquid and dry cargo barges. The company, which operates America?s largest single-site inland shipbuilding and repair yard on the Ohio River in Jeffersonville, ...

  • News

    Varun plans fleet expansion

    2008-01-24T00:00:00Z

    Mumbai-based Varun Shipping Co Ltd plans to spend $400 million during 2008 to expand its fleet, with focus on the offshore sector as well as tankers and gas carriers, according to a senior official of the company.The firm, which has four AHTS vessels and 16 oil, gas and product carriers, ...

  • News

    Cosco wins shuttle tanker contracts

    2008-01-24T00:00:00Z

    COSCO Shipyard Group has received newbuilding contracts worth $422million. One contract for $172 million is to build two shuttle tankers which are slated for delivery in 2010 and 2011. The Chinese shipbuilder has also won several conversion contracts worth $250 million from various customers to convert oil tankers to bulk ...