General News – Page 432

  • News

    Korean shipyards to get LNG boost

    2007-03-22T00:00:00Z

    South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships, industry sources said.Three of the country's shipbuilders, Daewoo Shipbuilding & Marine Engineering, Samsung Heavy Industries and STX Shipbuilding, have clinched the world's ...

  • News

    Daewoo Mangalia, Hudong and Chengxi win bulkers

    2007-03-22T00:00:00Z

    Daewoo Mangalia Heavy Industries won a new order of four 171,000DWT bulk carriers from Anangel Shipping for delivery in 2009 and 2010. The new order includes an option for two more units.Hudong Zhonghua Shipbuilding clinched two 87,000DWT bulk carriers for delivery in February and April 2011 from a Greek ship ...

  • News

    ZIM orders boxship pair

    2007-03-22T00:00:00Z

    Hyundai Samho Heavy Industries has clinched an order two 10,000TEU container ships from ZIM. The new vessels will be delivered in January and February 2010. The order also attaches one more option. Ship particulars are 349m in length, 45.6m in breadth, 27.3m in depth and a service speed of 26 ...

  • News

    Volkswerft Stralsund to be sold off

    2007-03-22T00:00:00Z

    AP Moller Maersk is in the process of selling German shipyard Volkswerft Stralsund, which is owned by its subsidiary Lindo. According to Borsen, Lindo's chief executive Finn Buus Nielsen said it is not impossible that Germany's Hegemann-Gruppe may buy the shipyard, but no concrete divestment plans exist."We consider the possibility ...

  • News

    Aker to build PSVs for Gulf Offshore

    2007-03-22T00:00:00Z

    Aker Yards in Norway has entered into a contract with Gulf Offshore North Sea Ltd in Aberdeen, Scotland, to build two Platform Supply Vessels (PSV) based n the Aker design PSV 09 CD. The total value of the contract is approximately NOK 530 million ($86.8 million). Delivery is scheduled in ...

  • News

    BAE to bid for DML

    2007-03-21T00:00:00Z

    BAE has launched a takeover bid for Devonport Management Ltd (DML) in the UK-based Devonport dockyard where the Royal Navy?s nuclear-powered submarines are refitted in programmes worth hundreds of millions of pounds.BAE had been expected to make a joint bid with US financial company Carlyle, which is now reported to ...

  • News

    Mipo wins four PCs

    2007-03-20T00:00:00Z

    Hyundai Mipo Dockyard in South Korea has won a new order for four product carriers at a price of W 181.2 billion. They will be delivered by February 2011.

  • News

    NYK orders two Wozmax

    2007-03-20T00:00:00Z

    NYK Line in Japan has placed a new order for two 250,000DWT bulk carriers with Namura Shipbuilding. This will be the first time for an ore carrier of this size to be built. Delivery is scheduled for 2010 and 2011. They will be used for ore transport from Western Australia.The ...

  • News

    GSI wins product carriers

    2007-03-20T00:00:00Z

    Guangzhou Shipyard International in China secured a contract for two 50,500DWT product carriers from Motia in Italy. Ship particulars are 183.2m in length, 32.2m in breadth and 18.2m in depth with a draught of 12.6m. They can sail at the speed of 14.8 knots.

  • News

    STX to produce ship engines in China

    2007-03-20T00:00:00Z

    Last January, STX group made an agreement with Dalian municipal Government to construct a production facility that includes engine crankshaft manufacturing, marine diesel engine manufacturing and a ship block assembly plant. According to the agreements, STX Engine will establish an affiliated company named as STX Dalian Engine as a part ...

  • News

    EU OK?s Thales DCN merger

    2007-03-20T00:00:00Z

    The European Commission said it approved the proposed acquisition of joint control by French defence equipment supplier and naval prime contractor Thales, together with the French state, of French state-owned military shipyard DCN.The commission said its market investigation concluded that the transaction would not significantly impede effective competition in the ...

  • News

    Increasing incidence of serious accidents

    2007-03-20T00:00:00Z

    The accident frequency in shipping has decreased over the past few decades. However, although the figures today are half of what they were in the late 80s, this trend is about to be reversed. DNV monitors the annual frequency of serious accidents in several ship segments. Over the last five ...

  • News

    Vinashin starts new shipyard

    2007-03-19T00:00:00Z

    The mammoth Hai Ha project in northern Vietnam, which covers 15,000ha and includes a large deepwater port, economic zones, a steel mill, a thermo-power plant, an oil refinery, a tourism site, new urban towns, also includes the construction of a new shipyard for Vinashin.Work on the shipbuilding yard has now ...

  • News

    China overtakes Korea

    2007-03-19T00:00:00Z

    Chinese shipbuilders have caught up with their South Korean rivals in new orders received in the first two months of this year, according to an international market researcher. Hyundai Heavy Industries, Samsung Heavy Industries and other Korean shipbuilders won a combined 2 million compensated gross tons (CGTs) in new orders ...

  • News

    Daesun signs LOI for chemicals

    2007-03-19T00:00:00Z

    Daesun Shipbuilding in South Korea signed a letter of intent on the construction of four 25,000DWT class chemical tankers from a European ship owner. They will be delivered by July 2010. Contract price will be W 142 billion.

  • News

    Baosteel, CSSC to set up shipbuilding jv

    2007-03-19T00:00:00Z

    China's Baosteel Group Corp and China State Shipbuilding Corp (CSSC) signed an agreement to invest more than 10 bln yuan in a civilian shipbuilding joint venture, the official Xinhua News Agency reported.Xinhua said China State Shipbuilding Corp will have a 65% stake in the venture, with Baosteel holding the rest. ...

  • News

    First block of "Celebrity Solstice" laid

    2007-03-19T00:00:00Z

    The first of 72 blocks of the new 122,000 grt passenger cruise vessel "Celebrity Solstice" for Celebrity Cruises was laid at Meyer Werft in Papenburg, Germany. The first block of the new ship was put in position by the yard?s 800-ton crane. The first block weighs more than 430 tonnes, ...

  • News

    ABG launches PCV for the Indian coast guard

    2007-03-19T00:00:00Z

    ABG Shipyard in Mumbai has launched a pollution control vessel (PCV) for the Indian Coast Guard. The shipbuilder has contracted to build three PCVs, the first of which, yard number 221 is named "Samudra Prahari".The 94 metre PCV, based on a Rolls-Royce design, has a displacement of 3,300 tons, a ...

  • News

    GOG orders Panamaxes

    2007-03-19T00:00:00Z

    Bermuda-based Golden Ocean Group Limited (GOG) has acquired four plus two optional newbuilding contracts at Pipavav Shipyard in India at a cost of $35.5 million each. The 75,000 dwt bulk carriers will be strengthened for ice trading, will be delivered during 2009 GOG has also agreed to sell two ice ...

  • News

    Mipo clinches six more PCTCs

    2007-03-19T00:00:00Z

    Hyundai Mipo Dockyard has clinched six more PCTCs from a European ship owner. Total contract price is $ 327 million and the newbuildings will be delivered by November 2010.