General News – Page 425
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Japan launches nuclear carrier for Barrow
A new £30 million nuclear freight ship to be based in Barrow, UK, was launched in Japan recently. The 4,500 tonne ?Pacific Heron? was launched by Mitsui Shipbuilding and Engineering at its Tamano shipyard. Built for the UK-based Pacific Nuclear Transport Limited (PNTL) to carry high level nuclear waste and ...
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FOP cooperation deal with Marubeni
Fred Olsen Production ASA (FOP) has signed a strategic cooperation deal with Japan's Marubeni Corporation that will see the two firms work together to identify and execute FPSO projects in certain Asian countries.The Norwegian firm said the partnership will target China, Vietnam, Cambodia and Thailand, where it expects there to ...
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India set to get mega shipyards
In 2010 a milestone will be completed by the Indian maritime industry when it is expected to join a league of nations that possess the expertise to build and repair ships up to 300,000 dwt. Currently, Indian yards can build up to 110,000 dwt vessels.The shipping ministry has received 'Expressions ...
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HHI wins order to build eight boxships
Hyundai Heavy Industries Co. (HHI) has won a $978 million order to build eight container ships. The deal from a shipping company in the Marshall Islands calls on HHI to deliver the vessels by November 2010HHI has received $4.4 billion worth of new orders this year, more than half of ...
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CVRD to develop Brazil-China shuttle service
The Brazilian company Companhia Vale do Rio Doce (CVRD) has entered into a 25-year contract of freight with Bergesen Worldwide (B.W. Bulk), the world's leading owner of very large ore carriers, which will involve the construction of four very large ore carriers, each with a capacity of 388,000 dwt. These ...
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Boskalis orders megahopper replacement
Following on from the recent report about the collision involving the hopper ?W.D. Fairway? in China, Boskalis CEO Peter Berdowski announced that current information indicates that there is a constructive total loss. Given this, Boskalis has decided to build a new megahopper with a capacity of 40,000 m³. The company ...
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Japanese shipbuilders boosting capacity
Ishikawajima-Harima Heavy Industries Co (IHI) and other major Japanese shipbuilders are hiking production capacities for the first time in about 30 years, the Nikkei reported, without citing sources. The Japanese shipbuilding industry had downsized twice since the second half of the 1970s under the guidance of the old Ministry of ...
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Ezra orders MFSVs
PAN-United Marine (PUM) has become the first Singapore shipyard to secure an order for ultra large anchor handlers, with a contract from or Ezra Holdings to build a pair worth $65m. The two 22,000 kW large Rolls-Royce designed multi-functional support vessels (MFSV) will be capable of service in depths of ...
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Babcock seals buy-out of Devonport
Babcock International yesterday pulled off a golden deal to buy Devonport dockyard for £350 million and become the biggest supplier of services to the Royal Navy. The company, which runs the Faslane submarine base and Rosyth naval dockyard, said there would be significant strategic and financial synergies, but gave no ...
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Durban shipbuilders to lose orders
The shipbuilding industry in Durban, South Africa, is set to lose $400 million (R2.8 billion) order to build between 12 and 15 offshore supply vessels because the shipyard could be engulfed by Transnet's plans to build a new container terminal.Prasheen Maharaj, the chief financial officer of Southern African Shipyards, said ...
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DNV joining forces for effective design of ships
Aker Yards, Rolls Royce Marine and DNV are joining forces with the Norwegian University of Science and Technology (NTNU) in Trondheim. The intention is to build an international powerhouse for research and education on the topic "The effective design of ships for the future".The maritime industry will be facing new ...
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Cosco wins contracts from Belgium and Norway
COSCO Corp Singapore said its 51%-owned unit, COSCO Shipyard Group, has secured an engineering, procurement and construction (EPC) contract from Belgium and conversion contracts for five semi-submersible heavy lift vessels from Norway worth a total of $195.3 million. COSCO Shipyard secured the $38.2 million EPC deal from Belgian firm Exmar ...
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Aker launches French connection
Aker Yards Cabins in France was recently launched under the legal name of Aker Yards Cabins SAS and will provide cabins for all passenger vessels of Aker Yards, France and plans to double its production and number of employees in the next three years.Aker Yards Cabins, France will be part ...
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Supramax newbuildings
Camillo Eitzen & Co ASA, part of the Eitzen Group, has signed agreements for long term time charter with purchase option for a total of six 60,000 DWT Supramax bulk carrier newbuildings. The vessels will be delivered from Japanese shipyards from 2010 to 2012.
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Hyundai Mipo wins five PTs
Hyundai Mipo Dockyard Co., received a $245 million order to build five 51,000 DWT product tankers for a European company. The Korean shipbuilder will deliver the newbuildings by January 2011. The shipyard declined to disclose the European company's name due to a confidentiality agreement.Hyundai Mipo, a subsidiary of HHI, said ...
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CSG enters shipbuilding market
China Shipping Group (CSG), the second biggest oceanic transportation conglomerate in China, plans to build its first shipyard by the end of 2008. This makes it the second time in less than two months that a large centrally-administered state-owned enterprise has branched out into the shipbuilding industry. Shanghai Baosteel Group ...
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Aker to build AHTSs in Vietnam
Shipbuilding group Aker Yards has signed a contract to build six 3,000 DWT anchor handling towage supply vessels (AHTS) at its new shipyard in Vietnam. The contract with Aker Capital was worth some $251 million. "We are very pleased by this contract as it confirms our strategy to offer state ...
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Hanjin adds nine more large boxships
Hanjin Shipping in South Korea has ordered five more Post-Panamax 8,600 TEU container ships from Hyundai Heavy Industries to upgrade its current main fleet consisting of four 5,000 TEU ships. Hanjin is the first Korean company to own five container ships of 10,000TEU level, ordered last year. In addition, ...
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Model of NLFM ferry undergoes testing
A scaled model of the hull for a new medium-sized passenger-vehicle ferry, designed by Poseidon Marine Consultants Ltd., was tested today in ice at the Institute for Ocean Technology in St. John?s, Canada, by Oceanic Consulting Corp. Recently, the Newfoundland and Labrador Federation of Municipalities provincial government invested $15 million ...
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Scenic Tours announces three-ship order
Australian-owned tour operator Scenic Tours has completed the formation of its European operations company Scenic Tours Europe AG that will be based in Zug, Switzerland. It is a venture that will mean that it is the only 100% Australian-owned river cruising company in Europe. To kick off the operations, three ...
