General News – Page 457
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Aker integration process progressing
Aker Yards has announced its new business model for its shipyards in business area Cruise & Ferries. The new business model, presented to the management and employee representatives, is the result of a 100 days integration process in which 12 task forces in France and Finland have analysed the two ...
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Bunker barge revives SA shipbuilding
The Durban-based shipbuilder Dormac recently carried out the keel-laying ceremony for a new $8.2 million oil bunker barge commissioned by Smit Amandla Marine. Dormac's empowerment partner, Palisa Investments, owns 25.5% in the company, which procures almost all of its goods and services from black economic empowerment companies. Pim Zandee, the ...
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RR contemplates Singapore manufacturing base
Rolls-Royce Group PLC is considering setting up two plants in Singapore for the manufacturing of diesel engines and fuel cells. Rolls-Royce chief executive John Rose has said "We are in discussions about locating elements of manufacturing here." He added "We hope to come to a conclusion on that within the ...
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SCI in expansion mode
Shipping Corporation of India (SCI) is planning to place a $502.90 million contract with Korean shipbuilding yards. Out of this, SCI has already signed contracts with South Korean yard STX Shipbuilding to build six 60,000 DWT new long range-I size product tankers for $371 million and scheduled for delivery in ...
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COSCO to double tanker fleet
State-owned China Ocean Shipping (COSCO), has announced plans to double its fleet of large oil tankers to meet increasing demand for crude oil imports in the Mainland. COSCO currently operates eight VLCCs and has another seven under construction. According to a statement from COSCO President Wei Jiafu, 15 VLCCs are ...
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Doosan buys Mitsui Babcock
Doosan Heavy Industries & Construction in South Korea has sealed a share purchase agreement yesterday with Mitsui Engineering & Shipbuilding Co. in Japan to acquire UK-based Mitsui Babcock Energy Limited, one of the world's leaders in boiler design and engineering. The $169.5 million buyout of Mitsui Babcock's entire equity stake ...
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Nordseewerke launch
Another 2,700 TEU container ship was launched at Nordseewerke GmbH in Emden, a company of ThyssenKrupp Marine Systems. The launch was carried out without any celebration activities. The ship with the yard number 550 is now berthed at the fitting-out berth and is scheduled for handover in March 2007. The ...
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Provalys completes trials
Aker Yards has finalized the construction of the LNG tanker ?Provalys? at its facility in France, the former Chantiers de l?Atlantique. With a capacity of 154,500 cubic meters, this vessel is the largest LNG carrier built to date and is the first LNG carrier fitted with a dual-fuel diesel electric ...
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BC Ferries launches latest addition
The Vancouver-based BC Ferries has named and launched the newest addition to its fleet at a ceremony at Allied Shipbuilders in North Vancouver. The ?Kuper? is a $7 million, 32-vehicle ferry which will enter service on the Chemainus - Thetis Island - Kuper Island route early next year following training, ...
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COSCO orders timber carrier
COSCO signed a newbuilding contract with Fujian Mawei Shipbuilding in China for a 32000 DWT timber carrying vessel. No indication of price or delivery was given by the ship owner.
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Rig project bonanza for Teesside
SeaDragon Offshore, a newly formed company, plans to float on the London Stock Exchange next year to raise funds for a $1.5bn drilling rig construction project. SeaDragon intends to build three semi-submersible rigs worth $500m each in Teesside, with the hulls to be bought from Russia's Sevmarsh shipyard. The project ...
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QGTC orders LNG number 17
Qatar Gas Transport Company (QGTC) has ordered another QMax LNG carrier which brings to 17 the number of LNG carriers that the company has ordered so far this year. The QMax vessels, with a capacity of approximately 265,000 cubic metres and a delivered cost in the region of $300m, are ...
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FVH bails out Gdansk
The Italian company FVH, owner of one of the biggest gas ports in Europe, will become a minority shareholder in the Gda?sk shipyard. FVH will pay $6.64 million, covering what the shipyard owes to ZUS. FVH will receive an allocation of 20% of shares by the middle of November which ...
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Tanjung awards AHTS job to BNS
Tanjung Offshore?s unit Tanjung Kapal Services in Malaysia has awarded a $11.2 million shipbuilding contract to Boustead Naval Shipyard (BNS), formerly known as PSC-Naval Dockyard, for an anchor-handling tug and supply vessel. Construction of the vessel would be financed by internal funds and borrowings and completion of the vessel is ...
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GL tackles dangers in ice
The demand for ice class ships is growing. Especially tankers are being increasingly sent on transport routes in arctic and sub-arctic regions around the world. Cold and ice are a particular challenge to people and technology. The problems that arise on shipping routes through ice and how damage can be ...
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HAVI orders two AHTS
Havila Shipping ASA (HAVI) has entered into a new building contract with Havyard Leirvik shipyard for 2 anchor handling tug supply vessels (AHTS). The cost for the two vessels is estimated at $170 million and delivery of the first vessel will take place in April 2009 followed by the second ...
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Rem orders again at Simek
Rem Maritime in Fosnavag, Norway, has signed a contract with Simek shipyard in Flekkefjord to build two offshore vessels. The contract has a total value of $54 million. Build number 118 is a multi-purpose field support vessel of MT6009 L design from Marin Teknikk AS in Tj?rvåg. The vessel will ...
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Record growth at GL
Over 100 ships under construction with a gross tonnage (GT) of more than 2.1 million were commissioned in October with Germanischer Lloyd (GL) class. These include container ships amounting to over 1.7 million GT, tankers, bulk carriers, passenger ships and other types of vessels. The record-breaking month of October has ...
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Vietnam aiming high says DNV
Vietnam?s fledgling shipbuilding industry has its sights on going higher. Although it is still some way behind South Korea, Japan and China, DNV management agree that Vietnam will move higher in the world shipbuilding league table.The Vietnamese state shipbuilder Vietnam Ship Industry Corporation (Vinashin) has ambitions to become the world?s ...
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HHI profit surges
The South Korean shipbuilder Hyundai Heavy Industries (HHI) announced that its third-quarter profit rose 21% reflecting the higher newbuilding prices of oil tankers, cargo ships and LNG carriers. Net income rose to $210 million from $178 million in the previous year, the Ulsan-based shipbuilder said in a regulatory filing. Sales ...
