General News – Page 427
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Quintana secures Imabari newbuild
Quintana Maritime Limited, an international provider of dry bulk transportation services, has agreed to acquire a newbuilding Capesize bulk carrier of 180,000 deadweight tons (dwt). The vessel will be constructed by Imabari Shipbuilding Co., Ltd., the largest shipyard in Japan, with expected delivery during the fourth quarter of 2008. The ...
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?K? Line reduces speed
Japan?s Kawasaki Kisen Kaisha, Ltd. ("K" Line) has started a new ecological project to reduce CO2 emissions by implementation of economical speed navigation in Ise/Mikawa Bay for all "K" Line owned or operated car carriers with the purpose of contributing to environmental improvement in this area.To the extent that schedules ...
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OSD calls for greener designs
Offshore vessel designer, Offshore Ship Designers (OSD), says going green is no longer just an expensive option, and it is no longer just about containing noxious emissions and oil spills. A global focus on carbon dioxide emission reduction means that going green is both a challenge and a business opportunity ...
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China's shipyards to double capacity
China's two largest shipyard groups plan to double capacity by 2010, challenging South Korea as the world's top builder. China State Shipbuilding Corp., the nation's biggest, will have a potential 12.3 million deadweight tons output by 2010 from 6.02 million last year, while China Shipbuilding Industry Corp. will double its ...
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MES delivers large ore carrier
Mitsui Engineering & Shipbuilding in Japan has recently completed the NSS HONESTY, a 230,000 dwt ore carrier (yard No. 1647), which had been under construction at its Chiba Works. The vessel was delivered to its owner Heyday Shipping S.A., Panama. This ship is a sister ship to MV NSS CONFIDENCE ...
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Adani plans JV with Tsuneishi
The Adani group in India is poised to sign a joint venture agreement for its diversification into ship building with the Japanese Tsuneishi group. According to industry sources, the Adani group is close to sealing the deal with Tsuneishi Shipbuilding for the Rs 1,500 crore venture, in which it proposes ...
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Disney confirms newbuild contract
Miami-based Disney Cruise Line has finalized a contract with Meyer Werft shipyard of Papenburg, Germany, to build two new innovative cruise ships that will take the family-focused cruise experience to an entirely new level.Plans to add two 124,000 gt ships to the fleet were announced in February when executives signed ...
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Eitzen Chemical orders 2+2 vessels
Eitzen Chemical ASA has signed an agreement with Jinse Shipbuilding Co., Ltd. in Korea for two coated 13,000 dwt chemical carriers for $23.6 million per vessel for delivery in 2008. The contract includes an option for two additional units.Following this order, the company's newbuilding program consists of 35 vessels (plus ...
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China Merchants orders tanker quartet
Shanghai-based China Merchants Energy Shipping Co. (CMES), the country's biggest oil carrier, has placed orders for four crude oil tankers at a total cost of $343 million. Under an agreement, CMES ordered two 300,000 dwt VLCCs and two 110,000 dwt Aframax tankers from a state-owned shipbuilder in the northern city ...
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Samsung wins OOCL contract
The Hong Kong shipowner OOCL has ordered another five 4,500 teu containerships from Samsung Heavy Industries in a deal worth $331milion. The shipping company already has four 4,500 teu newbuildings on order at Samsung which were contracted in July 2006. Those ships are due for delivery in mid-to-late 2010. OOCL ...
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ASL Marine's to double capacity
Singapore shipbuilder ASL Marine has stated that its new yard in China will be fully operational next year and will double its capacity to build offshore vessels. The newly built eight-hectare shipyard in China's Guangdong province will enable ASL Marine to build up to six offshore vessels a year, adding ...
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DMHI riding high
Daewoo Mangalia Heavy Industries (DMHI) of Mangalia, Romania, has signed contracts worth over $1.05 billions with three important ship owners in the first quarter of 2007.The first contract was signed in January with the German company Hamburg Süd for six 6,300 teu container ships which will be the largest ever ...
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STX to build shipyard in Azerbaijan
Azerbaijan Investing Company and STX Shipbuilding Co. signed the memorandum of understanding to build a shipyard to produce and repair tankers in Garadaga, in the region of Baku. According to Riad Gasymov, the assistance of the chief executive of Azerbaijan Investing Company, the investments and the building period will be ...
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Seatruck poised to launch new ferries
Seatruck Ferries, freight-only specialists on the Irish Sea route and part of the Clipper Group, are about to introduce a major increase in capacity for the link between Heysham and Warrenpoint, Northern Ireland. Four state-of-the-art newbuildings are to be delivered by Spanish shipbuilders Astilleros de Huelva over the coming 12 ...
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Iraq plans to renew tanker fleet
Iraq aims to rebuild its ageing fleet of tankers to carry its crude oil exports and is planning to form a joint venture shipping company with a South Korean firm, the oil ministry's spokesman said on Monday. "Iraq needs new huge oil shipping tankers to be capable of shipping exported ...
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INTERTANKO praises IMO
INTERTANKO applauds IMO Secretary General Mitropoulos?s initiative to propose to the IMO Marine Environment Protection Committee (MEPC) a study group which, he stressed, will ensure that a decision on the revision of Annex VI keeps on track to meet the implementation target date of 2010. At the same time the ...
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COSCO seals 66-ship contract
COSCO Group in China has inked newbuilding contracts with four domestic shipyards to build 66 ships. Zhang Fusheng, a COSCO spokesman, did not disclose the total value of these shipbuilding contracts but said they summed up to a record amount for the shipping giant. The move is to help meet ...
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Irving to build small cruiseship
Irving Shipbuilding Inc. in Canada will begin cutting steel for a new cruise ship next week, and construction of the vessel, said to be the first cruise ship built in Canada since the 1930s, could lead to a new niche market for the company.Halifax Shipyard will build an 88-metre vessel ...
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Excelerate boosts LNGRV fleet
Excelerate Energy, Woodlands, Texas, has reached an agreement with Exmar N.V. of Antwerp, Belgium, to take an equity interest in three additional Energy Bridge vessels capable of shipboard regasification of LNG. The agreement between Exmar and Excelerate Energy includes two ships ordered by Exmar in 2006 as well as an ...
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Bharati clinches American contract
Bharati Shipyard in India has signed a contract with UP Offshore (Bahamas) Ltd. for construction and supply of two Platform Supply Vessels. The Contract value of these two vessels is $43.30 million.It is the first time in the history of the Indian shipbuilding industry that an Indian shipbuilder has received ...
