General News – Page 407
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Aker gets order for three coastal LNG ferries
Aker Yards has signed a contract with Tide Sj?ø AS for three ferries dedicated to operate the link between Oslo and the peninsula of Nesodden. The ferries will be built in France at Aker Yards, Lorient, at a total contract price is approximately 45 million Euros.Construction will start in March ...
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VT starts Oman OPVs
VT Shipbuilding???s facility in Portsmouth Naval Base, UK, has officially started manufacture of the UK???s first naval shipbuilding export order for nearly ten years. Rear Admiral Salim of the Royal Navy of Oman (RNO) cut the initial steel on the first of three sophisticated 99m. Ocean Patrol Vessels (OPVs) which ...
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Cosco clinches bulker orders
The Cosco Shipyard Group in China has secured an order to build 29 bulk carriers worth 1.34 billion US dollars. The latest orders put Cosco's current order book at $6.4 billion, $6.2 billion of which were secured this year and reports suggest that Cosco could secure another $900 million in ...
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Bourbon orders two MPSVs
Following a European bid tender, Bourbon, the French offshore fleet operator, has placed an order for two high-tech Multi Purpose Supply Vessels (MPSV) from Socarenam, the French shipyard based in Boulogne-sur-Mer. Delivery is slated for the second half of 2009.The design of these vessels is based on a concept established ...
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Ulstein in cluster collaboration
A letter of intent is signed on the contemplated acquisition of a majority stake by the Ulstein Group in Netherlands based Sea of Solutions. The deal is, amongst others, subject to a positive outcome of the due diligence process. Both the Ulstein Group and Sea of Solutions enjoy a solid ...
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BAE-VT JV approved
Britain's BAE Systems (BAE) and VT Group (VT) won permission from the European Commission to merge their shipbuilding operations, according to a Reuters report. BAE will hold 55% and VT the remainder, and the deal will involve BAE selling its 50% stake in Flagship Training Ltd to VT for up ...
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Daewoo close to topping target
Daewoo Shipbuilding & Marine Engineering said that its Romanian joint venture Daewoo Mangalia Heavy Industries Shipyard won an order for nine 5,550 TEU container ships from a European shipping company. So far this year Daewoo Mangalia has secured a record $1.92 billion worth of orders for 21 ships, topping the ...
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STX acquires Aker Yards stake
STX Group in South Korea has paid $800 million to become the biggest shareholder in Norway's Aker Yards ASA, moving into cruise liners as competition increases with Chinese builders. New stock worth $300 million will be sold and $500 million will be borrowed to buy 39.2% of Europe's biggest shipbuilder, ...
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Hanjin hiring local labour for shipbuilding
Hanjin Heavy Industries & Construction Co., Ltd. (Hanjin) is currently recruiting at least 20,000 Filipino workers for its new shipbuilding and ship repair yard in Subic, Philippines. Hanjin is investing some $2 billion on the new facility. The first batch of 700 applicants have already been interviewed at the provincial ...
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STX to build Caspian shipyard
South Korea???s shipbuilder STX is ready to launch a project to be realized jointly with Azerbaijan Investment Company (AIC) to construct a shipyard near Baku on the Caspian Sea in Azerbaijan. Anar Akhundov, AIC Chief Executive, said that STX has completed feasibility study on the project.???Presentation of ship-building factory in ...
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Strike affects Finnish yards
In Finland, the Union of Salaried Employees (TU) began a strike yesterday. The first stage of the strike is affecting seven large enterprises in the mechanical engineering and metal products industry in Finland, including Aker Yards. ???Our 4,000 employees at Aker Yards in Finland may be affected within a week??, ...
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Shipyard jobs are safe
Williamstown shipbuilder Tenix has assured 1,000 local workers that their jobs will be safe after the company is sold to the highest bidder. The owners of the company, the Salteri family, announced plans to sell just days before signing a $500 million Australian Navy deal that would employ a further ...
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Aussie yards in battle to recruit workers
INCAT has fired a warning shot across the bow of Austal Ships as the two Australian shipbuilders enter into a labour-market war. Western Australia-based Austal bought the operations of North-West Bay Ships at Margate in Tasmania last year and wants to increase its Tasmanian workforce from 90 to at least ...
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Floating NPP for Arctic
Rosenergoatom, the Russian state concern for electrical and heat energy production in nuclear power plants, is promoting floating nuclear power plants (NPP) for energy supply for Arctic oil- and gas drilling platforms. Instead of using gas to produce electricity for the platform, one floating NPP can ensure needed power supply.A ...
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India wins DOF order for PSVs
Norwegian offshore vessels operator DOF ASA has awarded the Indian shipbuilder Cochin Shipyard Ltd a newbuilding contract for two platform supply vessels (PSVs). The NOK245m contract ($46 million) covers two PSVs of Aker PSV 09 CD design scheduled for delivery in May and September 2010. One of the ships will ...
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Tognum expands through acquisition
The Tognum subsidiary MTU Friedrichshafen today signed a contract with theDr. Gies group of companies on the complete acquisition of SKL Motor GmbH in Magdeburg. At the contract signing, Tognum CEO Volker Heuer stated: ???With the purchase of SKL Motor GmbH, Tognum is effectively continuing its growth strategy in the ...
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Flex LNG orders third ship
Flex LNG Ltd. in Norway has ordered a third 90,000 m3 SPB LNG vessel from Samsung Heavy Industries. It is of identical design to the two ordered back in March 2007 and is based on the construction of its innovative M-Flex design. Short for Medium-sized, flexible LNG carriers, the M-Flex ...
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Davie to build two well intervention vessels
Davie Yards in Canada has entered into a Memorandum of Understanding (MoU) with an unspecified Norwegian customer for construction of two 130 metre well intervention vessels. The total contract price for the two ships is estimated to be approximately C$380 million ($393 million) subject to final contract negotiations. The vessels ...
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Keppel secures tug orders
Keppel Nantong Shipyard Co. Ltd., a wholly owned subsidiary of Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M), secured three contracts worth approximately $75.3 million, including owner-furnished equipment, to build eight tugs.The first contract is with Smit Internationale Beheer B.V. to build two 90-tonne bollard pull offshore support tugs. These ...
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Saigon Shipyard rides offshore boom
Ezra Holdings Ltd.'s wholly-owned Saigon Shipyard Ltd., which is held via Ezra's wholly-owned HCM Logistics Ltd., marked its successful break into the offshore fabrication market with the recent award of a fabrication and assembly contract worth $130.2 million. Part of the contract includes offshore transportation, installation and commissioning work in ...
