General News – Page 405
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Simon M?kster orders second vessel
Norwegian naval architects Multi-Maritime has announced that Riise Underwater Engineering (RUE) and Simon M?kster Shipping have ordered a second Multi Maritime-designed multi-purpose offshore vessel. The vessel will be built at Westcon in ?len, Norway. The new design, designated MM 73 MSV, is 7.2m longer than the MM 66 MSV design ...
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Daewoo wins Middle East order
Daewoo Shipbuilding & Marine Engineering Co in South Korea has secured an order worth $604 million to build four very large crude oil carriers for a Middle Eastern client. It did not identify the client. Delivery of the newbuildings is scheduled by December 2010.
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Full order book at Rousse
Rousse Shipyard in Bulgaria has enough orders to operate at full capacity through the end of 2010, according to managing director Ignat Traikov. The order book contains orders from German and Dutch ship owners and the shipyard is currently building the first of 10 8000 dwt dry cargo ships. The ...
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Posco steals a march with technological breakthrough
South Korea???s Posco is preparing to expand overseas and overtake Nippon Steel of Japan as the world???s third-biggest steelmaker by using its groundbreaking Finex technology. This revolutionary steel- making process is based on the next-generation Finex technology which is both cleaner and cheaper than traditional blast furnaces.Lee Dong-hee, Posco chief ...
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Vyborg captures offshore rig orders
The Russian OJSC Vyborg Shipyard and LLC Gazflot have signed a contract for engineering and construction of two floating drilling units to be operated in Shtokman gas condensate field. The shipyards of Murmansk and Arkhangelsk regions also participated in the tender.Under the contract, Vyborg Shipyard, which is located on the ...
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L&T eyeing massive shipbuilding orders
India's largest engineering and construction firm Larsen & Toubro Ltd (L&T) is negotiating with global shipping fleet owners to build ships worth over $1 billion, but the company cannot finalize these orders because it still hasn't received the requisite clearances for its shipyard from the local government.L&T plans to set ...
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Strategic Marine to build DSV
Henderson-based shipbuilder Strategic Marine in Australia has taken another major step in its goal of becoming a global shipbuilder with the signing of a second contract to build a 143m dive support vessel (DSV) for a Singaporean offshore service company.Strategic Marine???s order book now stands at a healthy $210 million ...
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Use won shipyards urged
The Bank of Korea plans to urge domestic shipbuilders to settle contracts in won and to spread hedging activities over time to curb the currency's gains against the dollar.???For the currency market's stability, we need to take multilateral efforts such as encouraging shipbuilders to settle deals in won and spread ...
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ECI acquires Kelvin Hughes
ECI Partners LLP (ECI), the UK mid-market buyout specialist, has acquired Kelvin Hughes in a ?£52m transaction out of Smiths Group plc, the UK listed technology company. Kelvin Hughes is a leading supplier of navigation products and services for the Naval and Commercial marine sectors. Kelvin Hughes has a ...
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Concern over slow reform of Russia???s shipyards
The Russian prime minister Viktor Zubkov has expressed concern over a slow reform of the civilian ship building industry at a meeting of the cabinet on Thursday. ???The civilian ship building industry is going through no easy times. The existing production capacities badly need modernization, while the accumulated scientific- technical ...
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Smit goes on newbuilding spree
The Dutch tug operator Smit has signed a contract with Damen Shipyards for 11 new vessels. Two tugs, type ASD 2810, are replacements for the harbour towage fleet in Rotterdam and will be equipped with a substantially higher bollard pull (60 tons) and are scheduled for delivery in May and ...
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Tokyo Gas orders LNG tanker
Tokyo LNG Tanker Co., a wholly-owned subsidiary of Japan's top gas distributor Tokyo Gas Co Ltd, has ordered an LNG tanker from Kawasaki Shipbuilding Corp, a unit of Kawasaki Heavy Industries, for delivery in 2011. The 177,000 m3 tanker will be able to carry about 82,000 tonnes of LNG and ...
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Ukraine company on course to buy Gdansk yard
Facing bankruptcy, the historic Gdansk shipyard has a buyer in one of Ukraine???s largest business groups, the Industrial Union of Donbas. However, new complications are tying up the sale. The Ukrainian group, co-owned by billionaires Serhiy Taruta and Vitaliy Hayduk, hopes to bail out the state enterprise, which has seen ...
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Bharati bags PSV order
India-based Bharati Shipyard has bagged an order for two Rolls-Royce designed UT 755LN platform supply vessels from Opielok Bereederungs of Germany. The total price of each vessel is $26.50 million totaling $53 million. The vessels will be operating in the North Sea under harsh environment and will be capable of ...
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Cosco orders two semi-subs
Cosco Shipping Co Ltd of Guangzhou, China, has signed a contract for two large semi-submersible heavy-lift newbuildings with Guangzhou Shipyard International for delivery in September 2010 and March 2011. This is the second contract signed as part of Cosco???s newbuilding programme for the semi-submersible transport and installation market. The purpose-built ...
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GE signs contract for new vessels
The Singapore unit Greatship (India) Ltd, a subsidiary of Mumbai-based Great Eastern Shipping Co (GE), had signed a contract for two new multi-purpose platform supply and support vessels. The contract has been signed between Greatship Global Offshore Services Pte Ltd, Singapore and the Indian shipbuilder Mazagaon Dock Ltd. These 4,600 ...
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Garware Offshore orders barge
Diversifying services from its core business of leasing out ships for oil and gas exploration, Garware Offshore Services Ltd in India is acquiring a construction barge from a Chinese shipyard for $25 million. According to a company official, the contract details have been discussed and the order will be finalised ...
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Japanese order Incat Crowther cat
Incat Crowther has completed negotiations for the design and construction of a 32m catamaran ferry for Ishigaki Dream Tours in Japan. The vessel will be built by Richardson Devine Marine at their new facility in Hobart, Tasmania.The 32m high speed catamaran ferry will be capable of carrying 257 passengers. The ...
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UK yard plans new base in India
The South Tyneside engineering company McNulty is planning to open a shipyard in India. The McNulty yard in the UK has been building oil rigs and floating oil production vessels for about 20 years but, now that the North Sea oil is running out, the company wants to open its ...
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Hallin contracts new SOV
Hallin Marine, the Singapore-based provider of subsea solutions to the oil and gas industry, has signed a contract for the construction of an 80 metre DP2 subsea operations vessel. The vessel, to be named the ???Windermere???, is scheduled for delivery in the second quarter of 2010 from the Singapore yard ...
