General News – Page 448
-
News
Life after failed GL acquisition
Bureau Veritas has issued a bullish statement after its failed attempt to acquire Germanischer Lloyd. The shareholders of GL decided to accept the offer made by Gunther Herz in preference to the takeover bid by the French classification society. The statement went on to say that the German classification society ...
-
News
NMB to buy new ships
NMB, Bulgaria's national maritime fleet, will take out a $70 million loan from HSH Nordbank AG for the purchase of 3 new vessels, said executive director Hristo Donev. The company is trying to address the problem of its ageing fleet and related high maintenance costs. NMB, which has decommissioned 5 ...
-
News
Gdynia yard gets aid
Gdynia Shipyard in Poland has received $178 million in public aid, most of which will be used to cover the shipbuilders debts. The company will be privatized by the end of 2008. The decision to offer the firm public money was dependent on the European Commission which warned that, in ...
-
News
Russia to boost shipbuilding market share
Russia will account for two percent of the world's shipbuilding market by 2020, Deputy Industry and Energy Minister Andrei Reus told a governmental commission meeting that he expects the domestic shipbuilding industry's output to be up 1.5 times by 2010 and 2.2 times by 2015. Meanwhile, commercial shipbuilding growth should ...
-
News
DCN approves merger with Thales
The board of France?s state-owned naval shipyards DCN has approved a tie-up with defence electronics group Thales that will make it one of Europe?s three biggest shipbuilders. "This project will allow the reinforcement of the French naval industry," DCN said in a statement adding that it served "customers all over ...
-
News
Greatship India battles with GOL
Greatship (India), a wholly-owned subsidiary of Great Eastern Shipping Company (GE Shipping) is competing with Great Offshore (GOL), the demerged entity of GE Shipping, over the offshore vessels contract of Oil and Natural Gas Corporation (ONGC). Both the companies have submitted bid for ONGC's major tender for 30 offshore support ...
-
News
STX launches a dozen using SLS technology
STX Shipbuilding in South Korea's has built 12 ships this year using its self-developed non-dock shipbuilding technology called "Skid Launching System (SLS)." The 12th SLS-based 51,000 DWT product tanker was launched after only 30 days of work at its Jinhae yard, the shortest construction period in the world according to ...
-
News
Merger creates worlds largest
Statoil and Norsk Hydro, both from Norway, have announced plans to merge their offshore operations in a $29.4 billion deal today. This merger will create the world?s largest offshore oil producer responsible for 80% of output in the Norwegian North Sea.Norway?s prime minister Jens Stoltenberg welcomed the Statoil-Hydro deal as ...
-
News
Schat-Harding acquires CleanHull Norway
SCHAT-Harding, the world's leading supplier of lifeboats and davits, has purchased the hull cleaning company CleanHull Norway AS from a group of Norwegian venture investors. CleanHull Norway AS offers cost-effective and environmentally-friendly ship hull cleaning solutions to its customers. The CleanROV-concept is based on well-established underwater vehicles and technology developed ...
-
News
Babcock considering DML takeover
Engineering group Babcock International has held talks about taking over the consortium that runs the UK's Devonport naval base. Babcock, which runs the Rosyth naval dockyard and the Faslane submarine base, has held exploratory discussions about acquiring a majority stake in Devonport Management Ltd (DML).To succeed, Babcock would have to ...
-
News
ETA-Ascon plans to enter ship repairing
Dubai-based ETA-Ascon Group is studying the possibility of developing a ship repair facility that will serve its growing fleet of bulk carriers. "We are looking at starting with a build, operate and transfer (BOT) project on India's east coast," said Hameed Salahuddin, director of ETA-Ascon Group, one of the largest ...
-
News
Vinashin makes major investment
Vietnamese shipbuilding giant Vinashin has agreed to make major investments in the central Thua Thien Hue province, building terminal, shipyard and tourism complex.Under a deal signed last Friday, the local government gave it the go-ahead to promote projects in the Chan May-Lang Co Economic Zone EZ and to build its ...
-
News
Henderson gets cash boost
The Australian Marine Complex (AMC) in Henderson, Western Australia is set to receive a $136 million infrastructure boost from the state government. A new floating dock will be constructed with the funds as well as a new transfer system, dredging of a 17m-deep basin to accommodate the floating dock, electricity ...
-
News
McMurdo sold
Chemring Group PLC announces that it has agreed a conditional sale of its McMurdo electronics business to Signature Industries Limited, manufacturers of the SARBE Emergency Location Beacons. McMurdo manufactures and supplies emergency location beacon and Navtex products for commercial and leisure marine and aviation markets. Additionally, McMurdo is the UK ...
-
News
TUI plans newbuilding
The Hamburg-based TUI, Europe's leading travel and tourism group, has plans to strengthen its activities in this area. The company is currently active in the top end of the cruise holiday market and plans to take a 25% stake in a joint venture with British group Carnival and create a ...
-
News
ABG bags Dutch order
Mumbai-based ABG Shipyard has secured an order for construction of a vessel at a price of $21.7 million from the Dutch shipping company Vroon Offshore. The 78m diving support vessel will be the third the shipyard is building for Vroon Offshore.
-
News
Marseilles seeks tenant for dry-docks
The Port of Marseilles Authority is seeking bids for the use of drydock No. 10 ? one of the world?s largest at 465 x 85 metres ? and the surrounding site of around 10 hectares.A tender document to be issued in January will invite proposals in four lots, one of ...
-
News
Daesun clinches two chemicals
Daesun Shipbuilding in South Korea has clinched two chemical tankers from a European ship owner. They will be delivered by November 2009
-
News
Aker to build DOF OCV
Aker Yards has signed a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of a 120 metre DP3 offshore construction vessel (OCV) at a cost of $80 million. The newbuilding is of an Aker OSCV 03 design and will be delivered by Aker Yards, Aukra in ...
-
News
Carnival confirms option
Carnival Corporation has exercised an option for a new 130,000gt cruise ship for its Carnival Cruise Lines brand at an estimated all-in cost of $740 million.The new 3,652 lower passenger berth capacity cruise ship will be built by Fincantieri at its Monfalcone shipyard, for delivery in summer 2010. A sistership ...
