General News – Page 404
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Precious orders new vessels
Precious Shipping, Thailand's largest shipping firm, has plans to spend $474 million on 15 new vessels to replace its ageing fleet. About $114 million would be earmarked for three new Supermax ships, which range in size from 50,000 to 60,000DWT, and the rest for 12 ships previously announced by the ...
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Boskalis to build two new dredgers
The Amsterdam-based Royal Boskalis Westminster NV has ordered two new dredging vessels for its fleet from IHC Holland shipyard at a total cost of approximately 200 million Euros. Delivery is slated for December 2009 and April 2011. The order is part of an existing, multi-year fleet expansion programme involving an ...
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STX wins bulk carriers
South Korean shipyard STX has won a shipbuilding contract worth at least $240 million for the construction of three bulk carriers, which are expected to be delivered in the second half of 2010.
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Orissa to get its first shipyard
The Orissa government in India has cleared investment proposals for a shipyard to be constructed near Dhamra. The new yard will be built by APJ-Bharati Shipping Company who submitted a proposal of Rs 2,200 crore. The project will be completed in three phases within 72 months of the signing of ...
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Mercator enters jv with shipbuilder
Mumbai-based shipping company Mercator Lines Ltd and shipbuilder Mech Marine Engineers Pvt. Ltd have formed a shipbuilding joint venture, named Mercator Mech Marine Ltd, to build commercial ships.The proposed shipyard will cost Rs2,000 crore and will be located at Vansi Borsi in Gujarat. The yard will be capable of building ...
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SembCorp wins ship conversion deal
Singapore shipyard operator SembCorp Marine said its unit Sembawang Shipyard Pte Ltd has secured a $207 million ship conversion deal from Equinox Offshore Accommodation Ltd. The contract for Equinox Offshore, a Singapore-based oil service company, comprises one-plus-five options to convert passenger/car ferries to DP2 accommodation and repair vessels starting next ...
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Voith acquires AIR
Voith Turbo GmbH & Co. KG in Germany has acquired the share majority in AIR Fertigung-Technologie GmbH & Co. KG based in Hohen-Luckow near Rostock. With this move, Voith Turbo strengthens its leading position in the field of innovative ship propulsion systems. Voith Turbo has been participating in AIR, an ...
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Boskalis orders vessel from Yantai
Dutch dredging services provider, Royal Boskalis Westminster NV, has contracted China's Yantai Raffles Shipyard to build a 21,500 dwt offshore rock dumping fall pipe vessel valued at around $177 million.The vessel, measuring 159 metres long and 32 metres wide, will be built to the American Bureau of Shipping class standard. ...
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Shipbuilders press for subsidy revival
Despite the boom in the global shipbuilding market, Indian shipyards face the threat of becoming less competitive following the expiry of the five-year government subsidy scheme about two months ago. The shipyards have asked the Government to resume the subsidy scheme as shipbuilding, unlike conventional manufacturing, is not protected by ...
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Delays for SCAN's newbuilds
Delivery of each of Scan Geophysical ASA's three newbuilds has been delayed by three months. Based on updated production schedules from the ABG Shipyard in India, the new delivery dates will be June 30, 2008, Sept. 30, 2008, and mid-February 2009. During the third quarter the shipyard suffered from capacity ...
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Sembcorp to invest in Indian shipyard
For the first time, a foreign shipyard has picked up a stake in the emerging Indian ship building and ship repair industry. Singapore-based SembCorp Marine has recently bought a 3.31% stake in Pipavav Shipyard Ltd (PSL) for around Rs 80 crore. The investment agreement between the two companies involves Sembcorp ...
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Keppel wins second floatel contract
Keppel FELS, a subsidiary of the Singapore-based industrial conglomerate Keppel Corp, has won a $206 million contract from Floatel International Ltd to build a 500-man semi-submersible accommodation vessel. Delivery is scheduled for December 2010. This is the second contract awarded to Keppel FELS by Floatel in six months. The new ...
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W?¤rtsil?¤ and V.Ships offer joint services
W?¤rtsil?¤ and V.Ships have agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Drawing on W?¤rtsil?¤'s strengths as a supplier of ship machinery and systems and V.Ships' success at recruiting and training senior officers and technicians, the partners ...
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Yantai gets world???s biggest crane
The Chinese shipyard of Yantai Raffles recently installed the world???s largest crane, called ???Taisun???, capable of lifting 20,000 tonnes and currently undergoing testing and commissioning. Brian Chang, chairman of Yantai Raffles Shipyard, said ???Taisun is earmarked for 10 lifts over the next 20 months. Each lift estimated at 10,000 to ...
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Hanjin expanding in Philippines again
After building a $720 million shipyard in Subic, Korean industrial giant Hanjin Heavy Industries Co. is planning to expand its shipbuilding business in the Philippines with another large shipyard. Hanjin has already started building one of the biggest shipyards in the world at Subic Bay Freeport and the proposed second ...
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Philly delivers third tanker
The third product tanker built by Aker Philadelphia Shipyard in the US was recently delivered marking the first time in the yard???s history that three vessels were completed in the same year. Following very successful sea trials and final testing and commissioning, the ship, named ???Overseas Los Angeles???, joins two ...
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Spain wins Finnish ferry order
The Spanish engineering and consultancy company Sener has tied up with Astilleros de Sevilla the basic and detail engineering of a new Viking Line Ro-Pax ferry. The 133 m long, 1,500 passenger and 520 car capacity ferry is intended to operate short international routes on the Baltic Sea and will ...
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US plans for next LCS uncertain
Now that a massive defense spending bill has been passed in the US, the Navy is supposed to have enough money to buy one new littoral combat ship (LCS) this fiscal year but the Navy may delay the order. For Austal USA, stung by the recent cancellation of a previously ...
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EU project to promote LNG as ship fuel
An EU clean fuels pilot project is underway to promote the use of LNG as marine fuel for ships. Hopes are high for the Marine Fuel Gas Logistics project (Magalog) to take off as industry players begin showing interest amid growing international pressure for shipping to clean up its emissions. ...
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Vietnam launches biggest container ship
Ha Long Shipyard in Vietnam successfully launched a 1,750 TEU container ship which is the biggest of its type built in Vietnam. Shipyard director Nguyen Duc Than said the container ship, named ?Vinashin Dragon?, would be delivered to Vinashin Lines by the end of the first quarter next year. It ...
