General News – Page 408

  • News

    Poland to sell Gdansk shipyard

    2007-10-18T00:00:00Z

    Poland's Gdansk shipyard will be sold to Ukrainian firm Donbass in a $400 million deal to avoid bankruptcy, the head of the yard said. The yard has been under threat since the European Union demanded that it cut capacity or repay an estimated 1.3 billion euros ($1.8 billion) in state ...

  • News

    Fjellstrand bags Havila PSV

    2007-10-18T00:00:00Z

    Havila Shipping ASA has through Havila Shipping Pte Ltd in Singapore entered into a contract with Fjellstrand Verft for building of a platform supply vessel (PSV) called Havyard 832 CD. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA. Delivery is scheduled during autumn 2009, ...

  • News

    Dolphin to buy shipyards

    2007-10-18T00:00:00Z

    Mumbai-based Dolphin Offshore Enterprises (India) Ltd (Dolphin), which provides offshore and onshore integrated services to the oil and gas industry, is foraying into shipbuilding. It has earmarked an investment of just over $100 million for the project and is eyeing two existing shipyards on the West Coast for acquisition.Gujarat Maritime ...

  • News

    Costa orders two more from Fincantieri

    2007-10-18T00:00:00Z

    The Italian cruise line Costa Crociere has signed an order with Fincantieri for two new 114,200gt cruise ships to be delivered in 2011 and 2012 at an all-in cost of approximately ??¬1bn ($1.43 million). The two newbuildings will be constructed at Fincantieri's Marghera yard and will be sisters to ???Costa ...

  • News

    Swissco expands fleet with four more vessels

    2007-10-18T00:00:00Z

    Swissco Offshore Pte Ltd, the wholly owned subsidiary of Singapore-based Swissco International Ltd, has placed orders for four new vessels to add to its growing fleet of offshore support vessels, at a cost of S$11.2m ($7.7 million) including ownersupplied items. Out of the four vessels that have been ordered, the ...

  • News

    Rickmers orders ten newbuilds

    2007-10-18T00:00:00Z

    Rickmers-Linie, the Hamburg-based specialist in the global transportation of break-bulk, heavy-lift and project cargo, has ordered ten new purpose-built multipurpose vessels, which are to be added to its fleet between 2009 and 2011. All ten will be built by Chinese shipyards and are to be deployed in Rickmers-Linie???s worldwide services, ...

  • News

    Iran needs 40 LNG carriers

    2007-10-16T00:00:00Z

    Mohammad Suri, National Iranian Tanker Company???s (NITC) managing director, said the country would produce over 80 million tons of LNG per annum in the near future and 40 LNG carriers would be required to transport some of the product. Suri said that Iran would sign a trilateral contract on the ...

  • News

    Bharati wins new order

    2007-10-16T00:00:00Z

    Bharati Shipyard received an $89 million order from Shippping Corporation of India for the construction of four AHTS vessels for delivery in 2011. Including the latest order, the shipbuilder has now announced orders worth approx $408 million over the last six months, primarily for offshore supply vessels, reiterating Bharati's strong ...

  • News

    Orissa to have mega shipbuilding factory

    2007-10-16T00:00:00Z

    Orissa, in the North East of India, is all set to have a shipbuilding factory at Charidiha near Dhamra mouth in Bhadrak district of the State. It will be the first such private sector venture in eastern India. The Apeejay Surrendra Group and Bharati Shipyard Limited would set up the ...

  • News

    China Merchants Energy gets nod for six tankers

    2007-10-16T00:00:00Z

    The National Development and Reform Commission permitted the leading Chinese tanker operator, China Merchants Energy Shipping Co., Ltd. (CMES) to buy six oil tankers via overseas investment. In April, CMES signed an agreement in Shenzhen with Dalian Shipbuilding to build two 300,00 DWT VLCCs and two 110,000 DWT tankers for ...

  • News

    Coastal wins OSV quartet

    2007-10-16T00:00:00Z

    Coastal Contracts Bhd, the Sandakan-based company in Malaysia, said that its wholly owned subsidiary Thaumas Marine Ltd had clinched its largest newbuildings order worth $108 million boosting its order book to $223 million. The order consists of four offshore support vessels placed by Singapore's Kreuz Engineering Ltd, a subsidiary of ...

  • News

    AY-LCS expands voyage repair with SRC

    2007-10-16T00:00:00Z

    Aker Yards and Estonian Shiprepair and Conversion group SRC Group O?? have concluded an agreement combining Aker Yards Lifecycle Services's (A-LCS) & SRC Group's strengths to start offering the premium voyage repair service for shipping companies operating in the North Baltic Sea area.According to the agreement, the two companies will ...

  • News

    CDL chasing navy and civil jobs

    2007-10-11T00:00:00Z

    Sri Lanka's Colombo Dockyard Ltd (CDL), the island's sole listed shipbuilder, is bidding for three new local ship building contracts, including one from the navy where it has tied up with a Croatian yard, officials said. The yard, a subsidiary of Japan's Onomichi Dockyard Co. which provides management and technical ...

  • News

    Dalian climbing up world ranking

    2007-10-11T00:00:00Z

    Dalian Shipbuilding Industry Corp, China's biggest shipyard, upped its rank to number four in the world in terms of orders in hand which it attributes to a combination of technical innovation and an expanded product range.Strong domestic and overseas demand was a source for the ship plant's new orders, 70% ...

  • News

    DESSC receives another newbuilding

    2007-10-10T00:00:00Z

    The Cyprus-based Deep Sea Supply (DESSC) has taken delivery of the 4th of 8 PSV newbuildings from Cochin Shipyard in India. The vessel `Sea Pike`, a UT 755L Platform Supply Vessel, will go directly to Congo for a three (plus one) years time charter with ENI Congo. `Sea Pike` is ...

  • News

    Australia signs amphibious ship contract

    2007-10-10T00:00:00Z

    The Australian government has signed a contract with Tenix, worth about A$3.1 billion ($2.78 billion) over eight years, to build two large amphibious ships for the Royal Australian Navy. The first ship, HMAS Canberra, will be delivered in 2013 and the second, HMAS Adelaide, in 2015. The 27,000 tonne ships ...

  • News

    Chery buys shipyard to boost car exports

    2007-10-10T00:00:00Z

    The Chinese car manufacturer, Chery Automobile, has bought a Chinese shipyard as part of its latest effort to meet an ambitious export target. Privately-owned Chery, based in Wuhu city in eastern Anhui province, has bought the local Wuhu Shipyard and is restructuring it. ???Chery expands its business scope by foraying ...

  • News

    Croatia needs to cut shipyard aid

    2007-10-10T00:00:00Z

    Croatia's next government will have to cut subsidies to the shipbuilding industry to move on with efforts to join the European Union, the country's top EU negotiator said. With 11,000 jobs at stake at five main shipyards, Croatia has put off the subsidy cuts until after elections on 25 November. ...

  • News

    Four Seasons home on the seas

    2007-10-10T00:00:00Z

    Singapore was a recent stop on the ongoing global tour for the unveiling of the Four Seasons ???Ocean Residences???. The private preview and off-plan sales of the 221 metre Four Seasons, which is being developed by BV International Ocean Holdings Ltd, took place in mid-September at an invitation-only event at ...

  • News

    RIL to pump billions into dredging and shipbuilding

    2007-10-10T00:00:00Z

    The Mukesh Ambani-owned Reliance Group is set to make a foray into shipbuilding and dredging with two separate companies. Sources said the petroleum-to-retail giant is expected to invest around $1 billion each in two companies and has begun talks with international majors for a strategic tie-up for the dredging business. ...