General News – Page 434
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Turkish shipyards can?t cope
Even though the Turkish ship industry has increased the number of its shipyards by 62%, it transferred 7.5 million DWT of orders to the Far East as all sites are full until 2010. Enjoying its heyday, the Turkish ship building industry has been having a hard time meeting the high ...
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EU imposes duties on Chinese welding product
The European Union imposed five-year tariffs on a welding product from China to shield Austria?s Plansee Metall GmbH from cheaper imports.The duties of as much as 63.5% on tungsten electrodes, used for welding in industries such as aerospace, automobiles, shipbuilding and oil and natural gas, punish Chinese exporters for selling ...
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STX reveals new orders
STX Shipbuilding in South Korea has secured orders valued at $290 million. The shipbuilder won two 74,000DWT product carriers from Formosa Plastic with delivery of second half of 2009. Ship particulars are 228m in length, 32.3m in breadth and 20.6m in depth. Two 46,000DWT product carriers from STX Pan Ocean ...
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CityCat goes to London
The Brisbane shipbuilder behind the original CityCats is constructing six ferries to operate on the Thames after striking a deal worth more than $20 million. The 38m catamaran ferries, being built by Brisbane Ship Constructions (BSC), will form the centrepiece of a dramatic expansion of London's only riverboat service. The ...
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Russia unifying its shipyards
Russia?s shipbuilding assets will be merged into one corporation and city governor Valentina Matviyenko is already looking to locate the headquarters of the new company in St. Petersburg.The decision to create a financial holding ? Unified Shipbuilding Corporation ? came late last week after a ministerial meeting with president Vladimir ...
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COSCO to build semi-sub rig
COSCO Shipyard Group in China and Norway-based Maracc signed a contract for the building of GM 4000 semi-submersible unit. The contract, with a total value of $195 million, has fixed a completion period of 34 months. Currently, there are few shipyards in China which can build such type of platform ...
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StatoilHydro - world?s biggest
The boards of Statoil ASA and Norsk Hydro ASA signed a final plan for a takeover that the companies said will create the world's largest offshore oil and gas producer. The new company, to be called StatoilHydro ASA until a permanent name is agreed, will be created by state-controlled Statoil ...
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Fincantieri captures five more cruiseships
During the "Seatrade Cruise Shipping Convention"in Miami, Fincantieri announced it has reached agreements with Oceania Cruises and Silversea Cruises to build 5 ships (of which 2 options). The agreement with Oceania, a US owner, involves the construction of two 65,000 gt luxury cruise ships, each worth approximately $500 million, for ...
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COSCO to boost crude oil carrying capacity
China Ocean Shipping (Group) Co (COSCO) plans to raise its crude oil carrying capacity to 8 million deadweight tonnes by 2010, up from 4.5 million dwt currently, said company vice president Zhang Fusheng. In a statement, Zhang said COSCO will buy six more VLCCs by 2010, to bring the total ...
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Jutha returns to Higaki
Thailand shipping company Jutha Maritime is set to return to Higaki Shipbuilding, Imabari, Japan for another multi-purpose cargo vessel. Currently the firm owns seven vessels, two of which, JUTHA VASANA and JUTHA BUDDHACHART, are 8,976 dwt sisters built at the Japanese yard in 2000 and 1999 respectively.The new order is ...
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Samsung wins drill ship
Samsung Heavy Industries in South Korea has secured an order for a drillship from a Europe ship owner. Contract price is $617 million and delivery is scheduled for June 2010.
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Damen ups tug output in China
The Penglai Bohai Shipyard Company in China and Damen Shipyards of Gorinchem, Netherland, have signed a 5 year business co-operation agreement for the construction of the top end of the range Damen standard tug boats and in particular the larger azimuth stern drive tug designs. Construction will take place at ...
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Mahachai starts dredger
Having built a reputation for building fishing vessels, the Thai shipbuilder Mahachai Dockyard is preparing to build two dredgers. A smaller bucket dredge for a private Thai customer will be similar to a design currently operated by the government. A larger and more complex dredge is in the early ...
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Lifeline for shipyard
Ferguson's yard in Port Glasgow, which earlier this week announced it was making 99 workers redundant, was thrown a lifeline when it was learned that bidding was to be opened within three months for a Scottish fisheries protection vessel.There has already been a row about the tendering process, which was ...
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KY wins chemical tankers
KY Heavy Industries in South Korea announces that it clinched orders for five chemical tankers plus five options from OSK (H.K) Ltd for delivery from May 2008 to 2009. In addition, the Mokpo-based shipbuilder secured an order for six 17,000DWT chemical tankers plus two more options from Seatramp Tankers Inc ...
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Sevan Hummingbird sails for Verolme
The floating offshore production platform ?Sevan Hummingbird? recently left Yantai Raffles Shipyard in China onboard the semi submersible heavy lift vessel heading for the Keppel Verolme Shipyard in Rotterdam where the installation of the process plant will take place. The expected transit time is 35 days. Later this year, the ...
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STX in talks for eight capers
STX Shipbuilding in South Korea is negotiating for six to eight capesize bulker newbuildings at a price of $500 to 700 million. In addition, STX Dalian, an affiliate of STX Shipbuilding, is negotiating medium sized bulkers with several ship owners.
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MacGregor in Vietnam jv
The MacGregor Group, part of the Cargotec Corporation, has announced a new joint venture production partnership with Vietnam Shipbuilding Industry Group (Vinashin). The joint venture has been established as part of Vinashin's plan to locally source approximately 60-70% of ships' main equipment by 2010. MacGregor-Vinashin (MacGregor Vinashin Marine Equipment Co ...
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Danaos orders four Post-Panamax containerships
Danaos Corporation has signed shipbuilding contracts for four 6,800 TEU container ships with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited and they are expected to be delivered to Danaos during the second and third quarter of 2010. The ...
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Merwede takes stake in new facility
IHC Holland Merwede has decided to participate as a majority shareholder, together with Van Sluisveld Beheer, in a new company, Verenigde Scheepswerf Heusden BV (VSH), which is based in Heusden in Netherland on the site of the former Heusden Shipyard. VSH will take over nearly all 75 permanent employees that ...
