General News – Page 403
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Tognum operations take off in Asia
The Tognum company MTU Friedrichshafen and the China North IndustriesGroup Corporation (Norinco) reached agreement on a joint venture. At a press conference in Shanghai, the two companies presented their plans to jointly assemble high performance engines of the Series 956, 1163 and 595 as of the year 2009, thus expanding ...
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Two Tigers for Aries
Lafayette, La.-based Aries Marine Corp. signed a letter of intent with Eastern Shipbuilding Group for the construction of two ?TIGER? shark class platform supply vessels (PSVs). These will be built to the Aker Yards Marine PSV 23 DE design, which is an AC diesel electric, twin Z-drive, DP-2 offshore service ...
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Jurong acquires majority stake in JSMET
SembCorp Marine?s wholly-owned subsidiary, Jurong Shipyard Pte Ltd (JSPL), has entered into an agreement to acquire a 70% equity stake in Shanghai Jurong Marine Engineering & Technology Co. Ltd (JSMET). JSMET offers services for marine design work. Long-time business associate and Chinese partner, Zhao Weimin will own the remaining 30%.JSMET ...
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Vroon orders more FSVs
Vroon Offshore Services (VOS) in Holland has ordered an additional four field support vessels (FSV), with an option for a further two, as the next phase of its fleet investment programme. The order for the IMT 955L support vessels, designed by IMT Marine Consultants, has been placed with the Astilleros ...
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Tug Malta to get more tugs
Tug Malta has ordered two tugs costing over EUR50m in all and aims to develop offshore services in North African countries, and in the Mediterranean in general.Rimorchiatori Riuniti SpA of Genoa, Italy, which last July took majority shareholding in Tug Malta Ltd from the government, described the contracts as important ...
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Indian Navy to build all ships locally
Having recently learned that their new aircraft carrier, INS Vikramaditya (ex- Admiral Gorshkov), would be completed two years later than contracted and at twice the cost at the Russian shipyard, Sevmashpredpriyatiye in Archangels, India has decided to embark on an ambitious programme to modernise its naval shipyards. Before India becomes ...
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Hyundai Heavy wins Singapore boxship order
Hyundai Heavy Industries in Korea has secured a contract valued at 679.8 billion won ($736 million) to build nine container ships for an unidentified client in Singapore. The vessels will be delivered by the end of 2011. No further details are available.
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Malaysian Navy gets Spanish treatment
Spanish shipbuilder Navantia hopes that its business dealings with Malaysia will not end with building the aft sections of the Royal Malaysian Navy's two Scorpene submarines. Clinching the deal to build the rear half of the submarines has aroused the company's interest in Malaysia as a potential customer for other ...
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Korean yard wins Indian orders
STX Shipbuilding in Korea has won orders to build 14 new ships, worth more than $750 million from Indian shipowners who are buying new cargo carriers to cash in on the growing global demand for carrying raw materials such as steel, iron ore and coal.The companies involved are the state-run ...
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Clipper Helen delivered
The second ethylene tanker out of a series of four was delivered by Meyer Werft to the Norwegian shipping company Solvang ASA (Stavanger). This ship is the 50th gas tanker the shipyard has built since 1963 and is named ?Clipper Helen?. The LEG/LPG tankers for the Norwegian company have a ...
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Shipping line reduces speed
One of the world's largest container shipping lines says bunker costs now account for over 50% of its vessels' operating expenditure. A senior official of the French container transport and shipping company CMA CGM predicted that "'most shipping lines" would start steaming at "'economic speed to minimise bunker fuel consumption."CMA ...
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Cosco gets Vroon quartet
The Dutch shipping company Vroon BV has ordered four 92,500 DWT bulk carriers at Cosco's Dalian Shipyard in China. The four new vessels are expected to join the fleet in 2009 and 2010. Vroon already has two Panamax bulk carriers on order at Tsuneishi Shipyard in Japan and three Supramax ...
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Tyneside marine company to expand
Shepherd Offshore, based at the Offshore Technology Park in Walker, Tyneside, UK, has snapped up the neighbouring former NIM Engineering site, with plans to spend ?£2m on redeveloping it. The investment will see the renovation of the vacant site to turn it into fabrication facilities, including overhead cranes. Offshore oil ...
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SCI to buy six handies
The Shipping Corporation of India (SCI)is to acquire six 57,000 DWT handymax bulk carriers at total investment of $269.40 million (Rs 1,077.60 crore). The acquisition of these newbuildings would augment the Indian dry bulk carrier tonnage and also the share of Indian shipping companies in the country???s overseas trade.
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R-R wins Chinese contract
Rolls-Royce has signed its largest contract with Chinese shipbuilder Sinopacific, to provide steering gear and deck machinery worth $42 million. Bjorn Johnsen, Rolls-Royce Vice President Sales and Marketing (Greater China) - Marine said: ???This order takes us to a record in China this year, with contracts for more than 700 ...
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Bunker oil spills covered in 2008
The last significant gap in the international regime for compensating victims of oil spills from ships is set to be closed, with the entry into force on 21 November 2008 of an international treaty covering liability and compensation for pollution damage caused by spills of oil, when carried as fuel ...
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Aker???s USA business splits in two
Aker American Shipping Inc. has decided to split its two divisions into separate companies. One would continue to operate the Aker Philadelphia Shipyard while the other would continue to buy ships produced at the yard and lease them to charter operators. ???The split is an aggressive measure to further advance ...
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Philly to build more product tankers
The ship owning company Aker American Shipping ASA has entered into an option agreement with Aker Philadelphia Shipyard ASA to build up to 13 product tankers at a total contract value of $1.3 billion. With this agreement, Aker American Shipping aims to expand its fleet, from 12 to 25 state-of-the-art ...
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BV strengthens bulker share
Close co-operation with Chinese design companies and shipyards has helped Bureau Veritas (BV) strengthen still further its dominating position in the booming international bulk carrier market. In the period from January to July this year, more than 45% of all Handymax ships ordered worldwide were to BV class and, of ...
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SembCorp in Saudi shipyard venture
Singapore's SembCorp Marine Ltd is in a joint venture to set up and operate a new yard at the Yanbu Commercial Port in Saudi Arabia. Sembcorp Marine and its joint venture partner Nasser Mohammed Al-Mukairish and Partners Company (Al Mukairish) have agreed to form SembMarine (Middle East) Pte Ltd (SMME). ...
