General News – Page 447
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Gujarat shipyard plan has many takers
The state of Gujarat on the west coast of India is set to become one of the world?s largest shipbuilding complexes. While players like L&T, Adani, Pipavav Shipyard and ABG Shipyard are already present in the state, over a dozen new companies are queuing up to set up ship building ...
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Sadra to build PDVSA quartet
Venezuela's state oil company Petroleos de Venezuela SA (PDVSA) will acquire four oil tankers from Iran, expanding its fleet with the help of a nation closely allied with President Hugo Chavez. PDVSA?s subsidiary, PDV Marina, has ordered the newbuildings from Iran's shipbuilding group, Sadra, at a cost of $277 million. ...
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Jurong secures FPSO conversions
Jurong Shipyard, a wholly owned subsidiary of SembCorp Marine, has secured two FPSO conversion contracts worth a total of $58 million from Tanker Pacific Offshore Terminals Pte Ltd (Tanker Pacific).The first contract involves the conversion of the 92,802 dwt tanker ?Andaman Sea? which will be renamed ?FPSO Raroa? upon completion ...
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Lauritzen orders more handymaxes
The Danish shipping company Lauritzen Bulkers has recently added four newbuilding contracts to the four Handymaxes already on order at Hakodate Shipyard in Japan. These latest newbuildings are identical 31,900 DWT Handysize sister ships and are scheduled for delivery between 2008 and 2010. "Strategically timed vessel transactions help make us ...
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TOP exercises option
TOP Tankers Inc has exercised its option for two additional 50,000DWT Product / Chemical tankers. As with the previously announced four newbuildings, all the vessels will be sister ships built by SPP Shipbuilding of South Korea and are expected to be delivered during the first and second quarters of 2009.
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Samsung mulls jv with Russia
Samsung Heavy Industries and the Russian government are proposing to establish a joint venture for an ice-breaking oil tanker business.Samsung is already building three 70,000 DWT ice-breaking oil tankers for Russia's largest state-owned shipping company Sovcomflot, scheduled to be delivered to by the end of 2007.Ice-breaking tankers are considered a ...
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MOL orders handy capers
MOL in Japan placed a new order for two 116,000 DWT bulk carriers with Sanoyas Hishino Meisho shipyard for delivery in 2009 and 2010 respectively. Ship design of the bulk carriers was jointly developed by MOL and the Japanese shipbuilder.The new vessels are dubbed "handy Cape" types, because of her ...
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MHI on the up
Mitsubishi Heavy Industries (MHI), Japan's largest shipbuilder, said it has received orders for 23 vessels totalling 1.48 million gross tons in 2006, up from 21 vessels weighing 1.08million gross tons a year earlier.On a deadweight tonnage basis, orders reached 1.20 million tonnes this year, rising from 1.12 million in 2005. ...
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Vinashin and Songsan jv
State-run shipbuilder Vinashin in Vietnam has joined forces with South Korea?s Songsan Company to form a joint venture to produce steel structures for shipbuilding. The Songsan-Vinashin JV will invest $35 million to build a factory in the northern Hai Duong Province.The steel mill is set to come on stream in ...
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Odense building for Danish Navy
Odense Steel Shipyard in Denmark has entered into a contract with the Danish Naval Material Command for 3 patrol vessels for the Danish Navy. The vessels will be delivered in the period 2010-2012.Design and construction of the vessels has since 2004 been performed in close corporation between Odense Steel Shipyard ...
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PUM wins first FPSO conversion
Pan-United Marine Limited (PUM) in Singapore has clinched its first conversion contract for a FPSO tanker owned by the Norwegian company Norwegian Nortechs FPSO Pte Ltd (Nortechs). The contract to convert the 55,230 DWT tanker East Fortune is valued at $7.1 million.This order follows the company's receipt of seven shipbuilding ...
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Asmar builds Icelandic OPV
An Oceanographic Patrol Vessel (OPV) designed for patrol operations in the North Atlantic was ordered by the Icelandic Coast Guard from the Chilean shipbuilder ASMAR - Shipbuilding and Ship Repair Company.This 93.65 metre multi-functional coast guard vessel is designed by Rolls-Royce Norway and the company will also provide some of ...
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Guanghzou wins Danish jobs
Guanghzou Shipyard International in China has clinched eight 39,000DWT product/chemical tankers from A.P. Moller-Maersk. The shipbuilder also signed a new order for four 39,000DWT product/chemical tankers from Torm in Denmark
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Korea Line orders bulker
Korea Line has ordered a 58,500DWT bulk carrier from a Japanese shipbuilder at a cost of $35 million. Delivery is scheduled during 2009.
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Quintana gets Pascha
Athens-based Quintana Maritime Limited has taken delivery of a Kamsarmax bulk carrier, named Pascha, from the Japanese shipbuilder Tsuneishi. Pascha has a carrying capacity of 82,300 DWT and is the tenth of the fourteen Kamsarmax vessels the company has agreed to acquire from Metrobulk. Stamatis Molaris, President and Chief Executive ...
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Essar to invest in drilling rigs
Essar Shipping and Logistics in India said it will invest $400 million to acquire onshore and offshore oil drilling rigs. The Cyprus-registered firm has formed Essar Oilfields Services Ltd (EOSL) to focus on international and Indian onshore and offshore oil and gas drilling business."EOSL's investment plan includes acquisition of a ...
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Russia reorganizing shipbuilding
The Russian government will soon adopt a strategy for the development of shipbuilding until 2020, which envisions the creation of three major shipbuilding holdings, the defense minister said Tuesday.Three shipbuilding holdings will be set up in 2007, Russian Deputy Prime Minister and Defense Minister Sergei Ivanov told journalists following a ...
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IMO adopts safety measures
A raft of new international standards for passenger ship safety was adopted when IMO's Maritime Safety Committee (MSC) met in Istanbul, Turkey, for its 82nd session from 29 November to 8 December 2006. Other important issues on the MSC agenda included the further development of goal-based standards and discussion of ...
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Vinashin secures local FSO order
The Vietnam Shipbuilding Industry Group (Vinashin) has signed a contract to supply a floating storage and offloading (FSO) unit worth $110 million to the Vietnam Petroleum Technical Service Company (PTSC). "This is our biggest ever shipbuilding contract signed with a local partner," said Vinashin CEO Pham Thanh Binh. Binh said ...
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Keppel building concrete heavy lifter
Keppel Offshore & Marine Limited (Keppel O&M) through its wholly owned subsidiary in Netherlands, Keppel Verolme BV, has secured a $185 million contract to build a floating heavy lifter for the decommissioning of offshore structures. The contract caters for additional work on the vessel, which if awarded, may potentially increase ...