General News – Page 452
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Philippines plans fleet expansion
The Philippine government intends to borrow $1 billion from the Japanese government to develop the shipping industry, Economic Planning Secretary Romulo Neri said recently. The loan would come next year from the Japan Bank for International Cooperation (JBIC), the Philippines? biggest source of official development assistance, as part of the ...
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Halifax loses out on navy contract
A consortium trying to land a large shipbuilding contract in Halifax, Canada, is out of the running, a spokeswoman for one of the companies in the syndicate said. Irving official Mary Keith said the consortium learned last week that its proposal for the contract for Canadian navy ships was knocked ...
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STX clinches three PCs
STX Shipbuilding received orders for three 50,400 DWT product carrier. One vessel was ordered by ETA (Emirates Trading Agency) in Dubai for delivery in 2009. Ship particulars are a length of 183m, breadth of 32.2m and depth of 19.1m with service speed of 15.2 knots. The second order was from ...
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Offshore boom creates shipyard backlog
More than 100 new offshore drilling rigs and drill ships scheduled for delivery during the next few years will likely be late because of a backlog of shipyard work, said Mark Burns, Gulf of Mexico vice president and division manager at Noble Corp.Burns claims that the newbuildings will not be ...
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Labuan can do it
BAE Systems, which recently received a Letter of Intent to provide two frigates for the Royal Malaysian Navy (RMN) via an industrial partnership with Labuan Shipyard & Engineering Sdn Bhd (LSE), believes that the local firm can undertake the job once it has readied itself. LSE has been appointed by ...
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Quintana takes delivery of Coal Gypsy
The Greek shipping company Quintana Maritime has taken delivery of a Kamsarmax bulk carrier ?Coal Gypsy? from Tsuneishi Shipbuilding in Japan. The 82,300 dwt newbuilding is the ninth of fourteen Kamsarmax vessels the company has agreed to acquire from Metrobulk. Quintana Maritime has to date taken delivery of eleven vessels ...
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Continued growth for Korean shipbuilding exports
Korea's shipbuilding exports will gain 6.1% every year on average for the next 10 years thanks to its technological edge and brisk market, said a London-based market research unit. Having posted an annual two-digit growth since 1996, the nation's shipbuilding exports are projected to jump from $17.7 billion last year ...
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GL rejects BV bid
The Executive Board and Supervisory Board of Germanischer Lloyd (GL) advised their shareholders to reject the acquisition offer by Bureau Veritas (BV). It would neither meet the needs of the Society and its 3,200 employees, nor be in the best interests of the shareholders themselves.After due examination and assessment of ...
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Converteam and Vacon sign cooperation agreement
Converteam, an international company developing systems and customized solutions for the conversion of electrical energy, and the AC drives manufacturer Vacon have entered into a global cooperation agreement. Under the terms of the agreement, Vacon will supply low voltage air-cooled AC drives to Converteam worldwide. This arrangement is in ...
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Korea Line orders three bulkers
Korea Line has ordered three Capesize bulk carriers from an unspecified shipbuilder at a total cost of about $200 million. Delivery is scheduled from 2010 to 2012.
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Taiwan builds first steel hulled megayacht
Jade Yachts Shipbuilding, based in Kaohsiung, is to deliver the first ever Taiwan built steel super yacht representing a technology breakthrough and milestone in the nation's shipbuilding sector. "We hope to take the shipbuilding industry in Taiwan to a higher level in terms of quantity and quality," Jade Yachts chairman ...
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Global orders CPPs from China
Global Carriers Bhd in Malaysia has placed an order for two 7,000 DWT double hull clean petroleum product (CPP) tankers from China's Ningbo Dongfang Shipyard. The vessels, priced at $9.98 million, are expected to be delivered in May and August 2008 respectively. The new double hull CPP tankers will be ...
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Pearl delivered
Meyer Werft delivered the 93,500 gt cruise ship "Norwegian Pearl" to Miami-based Norwegian Cruise Line in the Dutch port of Eemshaven. The "Norwegian Pearl" is the third ship out of a series of four the Papenburg shipyard is building for NCL. The 2,394 passenger cruise ship combines modern event gastronomy ...
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Heerema plans mega crane vessel
Heerema Marine Contractors (HMC) will be placing an order for the construction of a new crane vessel at an estimated cost of $1 billion. The strategy of HMC focuses on full field development in the international oil & gas industry, including possible future development in the Arctic. "Heerema Marine Contractors ...
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Ballast ban proposed on Great Lakes
The Michigan Natural Resources Commission has now put the idea of banning ballast water in the Great Lakes on the legislative table. One shipping industry representative says the toll such a ban would take on the region's economy would be catastrophic.The Michigan commission's request came in the form of a ...
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Another Vietnam bulker for Japan
A 10,500dwt bulk carrier built for Japan's NOMA Marine Transport Company was recently launched in northern Hai Phong city. The ship, built by the Bach Dang shipyard company, is the second of its kind under construction for NOMA and the 110m long and 18.8m wide newbuilding is named ?Sun Spirits?. ...
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ENOC cancels order
Dubai Drydocks is looking for new buyers for the four 6,100 dwt bunker tankers it is building for the Emirates National Oil Company (ENOC) after that company decided to cancel the contract.
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Garware Offshore expands
In the wake of the present boom in offshore oil exploration and production activities in the India, Garware Offshore Services (GOS) has drawn up an acquisition plan involving the procurement of about 14 offshore supply vessels by 2010. GOS has just received delivery of a new platform supply vessel, a ...
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PDVSA into shipbuilding
Venezuela Oil (PDVSA) signed an agreement with Brazilian company Andrade Gutierrez to build a shipyard in Venezuela which will provide the state owned oil company with new oil tankers.The creation of this facility that will be able to build large the ships for PDV Navy, a PDVSA subsidiary, and platforms ...
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Third E class named
Odense Steel Shipyard in Denmark presented its latest newbuilding, an 11,000 TEU container vessel, for A.P. Moller ? Maersk Group. The newbuilding, named ?Eleonora Maersk?, will, like her predecessors ?Emma Maersk? and ?Estelle Maersk?, be part of the seven-ship series of the world?s largest container vessels which are setting new ...
