General News – Page 439

  • News

    Eighteen sign 2005 SUA Protocols

    2007-02-14T00:00:00Z

    Eighteen States have signed, subject to ratification, the 2005 Protocols to the Convention for the Suppression of Unlawful Acts Against the Safety of Maritime Navigation (SUA), 1988, and the related Protocol for the Suppression of Unlawful Acts Against the Safety of Fixed Platforms Located on the Continental Shelf, 1988. The ...

  • News

    Samsung wins FPSO

    2007-02-14T00:00:00Z

    Samsung Heavy Industries has signed an order for a 1 million barrel FPSO from a Norwegian ship owner at a price of $400 million. Delivery is scheduled for January 2010 and the vessel will be deployed at Skarv Oil field and produce 90,000 bpd oil and gas for 25 years

  • News

    Chinese yards win new order

    2007-02-14T00:00:00Z

    Nanjing Jinling Shipyard in China clinched six 57,000 DWT bulk carriers from Enterprise shipping at a price of $34.5 million each. Cosco Zhoushan also won three 57,300 DWT bulk carriers from INCE at a cost of $34.5 million each. The contract includes an option for three more bulkers. Sinochem ordered ...

  • News

    Appledore lives on

    2007-02-14T00:00:00Z

    A multi-million pound steel mega yacht will be built at Appledore Shipyard in the UK before being sailed to Devonport for completion. Last year the yard, which is owned by Devonport owners DML, lost out on two important contracts. It is hoped that the new contract, which starts in the ...

  • News

    Vinashin gets big Vinalines order

    2007-02-14T00:00:00Z

    The Vietnam Shipbuilding Industry Corporation (Vinashin) has signed a contract to build 64 ships with a combined capacity of 2.8 million tonnes for the Vietnam National Shipping Lines (Vinalines). The ships will be built at a total cost of $2.3 billion and the contract runs till 2015.By 2010, Vinashin will ...

  • News

    Erika trial begins

    2007-02-13T00:00:00Z

    The French oil giant Total is among 15 groups and individuals that have gone on trial today over the ?Erika? disaster. Bringing the charges are no less than 74 plaintiffs. One of them is the chairman of the Vendée regional council, one of the worst affected areas of the catastrophic ...

  • News

    Battle for Canadian navy contract

    2007-02-13T00:00:00Z

    The project for the construction of three naval ?Joint Support Ships? for the Canadian Government at a price tag of $2.1 billion is approaching decision time. On top of that, the project involves a 20-year servicing contract valued at $800 million. The federal government began a bidding process two years ...

  • News

    SLS to build block factory

    2007-02-13T00:00:00Z

    SLS Shipbuilding in South Korea signed an MOU on the construction of a block factory in Gunsan. The shipbuilder will invest $181 million to construct the factory which will be completed by the first half of 2008. SLS is mainly building product carriers and chemical tankers.

  • News

    Cosco posts rise in earnings

    2007-02-13T00:00:00Z

    Chinese shipbuilder Cosco has recorded a 28% rise in full-year earnings to $133 million. The earnings were buoyed by strong contributions from its ship repair and marine engineering operations. Meanwhile, revenue jumped 39% to $778 million as the shipbuilder moved up the value chain to focus on high-yield projects. During ...

  • News

    TOTAL set to build FPSO

    2007-02-13T00:00:00Z

    Total, the French oil giant, is to construct a large billion-dollar floating production, storage and off loading vessel for its Usan field in the deep offshore region off Nigeria. The Usan field is set to contribute towards attaining Nigeria?s target of four million barrels per day of crude by the ...

  • News

    GL launches "Ship-shape for life"

    2007-02-13T00:00:00Z

    The Hull Lifecycle Programme (HLP), a new software service tool designed to ensure long lives and technical safety for vessels, was introduced by Germanischer Lloyd (GL) at the GL Exchange Forum. The participants discussed options and benefits provided by the software for monitoring and evaluating the structural and overall technical ...

  • News

    Tyneside sets up shipbuilding design centre

    2007-02-12T00:00:00Z

    A £2.3 million International Marine Design Centre is expected to open in Newcastle, UK, next month after regional development agency One Northeast agreed to back a project. It is hoped the centre will help bring in £100million of new contracts into the marine and defence sectors by 2016.The centre will ...

  • News

    Garware signs MOU with Havyard Leirvik

    2007-02-12T00:00:00Z

    Garware Offshore Services in Mumbai, India, has signed a Memorandum of Understanding (MOU) with the Norwegian shipbuilder Havyard Leirvik AS for exclusive representation for the marketing and sale of ships built by Havyard Leirvik A.S. and Ship Designs produced by Havyard Maritime A.S., a part of the Havyard Group to ...

  • News

    Philly delivers first product tanker

    2007-02-12T00:00:00Z

    Aker Philadelphia Shipyard has delivered the lead-ship in a16-ship series of product tankers. The 185 metre MT46 Veteran Class ?Overseas Houston? now becomes the first ship leased to subsidiaries of Overseas Shipholding Group, Inc. (OSG).Originally announced in April 2005 with a series of 10 ships, the build program is part ...

  • News

    More problems on BP tankers

    2007-02-12T00:00:00Z

    BP PLC has reported more problems with its new fleet of 185,000 DWT oil tankers after a scramble to repair cracked rudders and faulty anchors. One of the bollards used to secure mooring and tug ropes sheered off on the ?Alaskan Navigator? in September as a tug pulled it toward ...

  • News

    Shipowners in order frenzy

    2007-02-12T00:00:00Z

    According to London-based Clarkson, shipowners ordered new vessels worth a record $105.5 billion in 2006. The trend has been spurred by tanker owners keen to upgrade their fleets ahead of IMO single-hull tanker deadlines that kick in at the end of the decade. In its monthly World Shipyard Monitor, the ...

  • News

    Maersk orders PCTC quartet

    2007-02-12T00:00:00Z

    Copenhagen-based A.P. Moller-Maersk A/S has ordered four PCTCs (pure car and truck carriers) from China's Xiamen Shipbuilding Industry. The Danish shipowner has an option for delivery of another four ships of the same type, which can transport 4,900 cars each. Xiamen will deliver the ships from 2010 through 2012.On 1 ...

  • News

    Record profit for Pan-United

    2007-02-09T00:00:00Z

    Singapore-based Pan-United Marine has booked a record full-year profit of $36.7 million thanks to a healthy newbuilding order book and higher valued ship repair and conversion jobs. For the three months to December alone, it booked an income of $9.3 million which is four times higher than the same period ...

  • News

    Penglai and Tsuji win new orders

    2007-02-09T00:00:00Z

    Penglai in China clinched two 5,800 dwt chemical tankers from Wisby Tankers for delivery during 2008. Ship price per unit is $15 million. Tsuji Heavy Industries secured two 29,000 dwt bulk carriers from a Japanese interest. They will be delivered during 2009 and will cost $25 million each. Ugland & ...

  • News

    ECO newbuild campaign

    2007-02-09T00:00:00Z

    The US-based Edison Chouest Offshore (ECO) plans to build several new anchor handling towing supply vessels (AHTS), as well as more than a dozen new generation 280-ft. platform supply vessels (PSV) in its affiliated shipyards in the US. All vessels are scheduled to join the ECO domestic fleet within the ...