General News – Page 458

  • News

    BCF awards Sonia to local yard

    2006-11-02T00:00:00Z

    BC Ferries in Canada has awarded Victoria Shipyards the contract to perform major modification work on the replacement vessel for the ?Queen of the North? which sank earlier this year.In capturing the $8 million contract, Victoria Shipyards was successful in beating off competition from three highly-qualified international yards. BC Ferries ...

  • News

    Tsuneishi gets Jinhui duo

    2006-11-02T00:00:00Z

    Hong-Kong-based bulker owner, Jinhui Shipping and Transportation Limited, has ordered two handymax bulk carriers from Japanese shipbuilder Tsuneishi Heavy Industries at a total cost of $61 million. The 58,000 DWT vessels will be built at Tsuneishi?s Cebu facility in the Philippines and delivery is scheduled for 2009.

  • News

    Liberian Registry set for Greek surge

    2006-11-01T00:00:00Z

    The Liberian Registry has topped the 70 million gross tons mark for the first time in more than twenty years as it continues to outpace competing registers. It is also dominating the market for new ships, and is set to claim at least 25% of the Greek newbuilding sector. This ...

  • News

    Masson-Marine joins ZF

    2006-11-01T00:00:00Z

    Masson of France, a manufacturer of drive and reduction gear systems for workboats, has become Masson-Marine, regaining its independence, and with its directors fully back in control. For nearly a century, Masson has developed and manufactured drive systems for workboats (fishing boats, tugs, off-shore vessels, tankers, cargo ships, barges, dredgers, ...

  • News

    Laird's blamed for its collapse

    2006-11-01T00:00:00Z

    The UK shipbuilder Cammell Laird has been blamed for the failure of a deal that led to the firm's collapse. The shipbuilder called in receivers in 2001 after a £50m contract to lengthen the Italian cruise ship ?Costa Classica? fell through.Cammell Laird claimed that it had already built the hull ...

  • News

    Samho clinches four box ships

    2006-11-01T00:00:00Z

    Hyundai Samho Heavy Industries has clinched four container ships at the price of $330 million. Ship owner is based in Asia and they will be delivered by September 2009.

  • News

    Proposed Chicalim shipyard stopped

    2006-11-01T00:00:00Z

    The Coastal Regulatory Zone Management Authority (CRZMA) has clamped down on the controversial shipyard project at Chicalim, near Goa in India, by ordering the stoppage of work, seizure of material and issuing of a ?show cause notice? under the CRZ to the shipyard.A report by the South Goa Collector indicated ...

  • News

    Dung Quat building Vietnam?s largest tanker

    2006-11-01T00:00:00Z

    The Dung Quat Shipbuilding Industry Corporation has begun building a 104,000 dwt oil tanker named "Dung Quat 01", the largest of its kind to be built in Vietnam so far. The construction, which uses technology from Poland, will be supervised by the American Bureau of Shipping (ABS). Technical experts from ...

  • News

    MISC in expansion mode

    2006-11-01T00:00:00Z

    AET Inc Ltd, a subsidiary of Malaysia's national shipping company MISC Berhad, has ordered four 107,500 dwt Aframax tankers from the Japanese shipbuilder Universal Shipbuilding Corp at a cost of $260 million. Delivery of the first vessel is scheduled for 2009 and the remaining three units in 2010.MISC, which is ...

  • News

    Wärtsilä invests in steerable thrusters

    2006-11-01T00:00:00Z

    Wärtsilä Corporation will invest in the manufacture of steerable thrusters in China and the Netherlands. The investment value is Euro 8.7 million. In China, Wärtsilä will invest in the machinery and assembly equipment for the manufacturing of Lips Compact Thrusters in the Wuxi factory. This will allow the transfer ...

  • News

    New drillship deal for FOE and KNOC

    2006-11-01T00:00:00Z

    Fred Olsen Energy ASA (FOE) has entered into an agreement of intent with the Korean state owned oil company, Korea National Oil Corporation (KNOC) of South Korea, to request proposals for the construction of a jointly owned new-build ultra deepwater drillship. FOE`s wholly owned subsidiary, Dolphin Drilling Ltd., will in ...

  • News

    ABG in oil rig deal

    2006-11-01T00:00:00Z

    ABG Shipyard in India has entered into a technical collaboration with Friede & Goldman of the U.S. for manufacturing offshore oil rigs at Dahej in Gujarat. The agreement was signed in October and the yard plans to start constructing offshore jack-up rigs by the end of 2007. ABG has a ...

  • News

    Aegean orders bunker tankers

    2006-11-01T00:00:00Z

    Aegean Marine Petroleum in Greece signed a newbuilding contract for seven double hull bunkering tankers of 6200 dwt, with Qingdao Hyundai Shipbuilding Co. Ltd. in China. The shipyard is majority owned by Korea?s HHI.The newbuildings will be classed by DNV and, upon completion, will receive the class notation +1A1 Tanker ...

  • News

    Italians and Ukrainians invest in Stocznia Gdansk

    2006-10-31T00:00:00Z

    The Italian company FVH is considering buying shares worth 5.2 million Euro in the Polish shipyard of Stocznia Gdansk and another stake will be acquired by Ukrainian Donbas.FVH operates in LNG sector and may become the owner of the shipyard. FVH could order small and medium-sized LNG carriers from the ...

  • News

    P&I club heat warning

    2006-10-31T00:00:00Z

    The North of England P&I club has warned shipowners of the increasing risk of officers and crews suffering potentially fatal heat illness as global temperatures rise and ships work harder. In the latest issue of its loss-prevention newsletter 'Signals', the club reports there have been a number of recent cases ...

  • News

    Varun in spending spree

    2006-10-31T00:00:00Z

    Mumbai-based Varun Shipping said it will invest $445 million to expand its fleet of tankers, gas carriers and offshore vessels over the next 6-8 months, a senior official said.The company, which has its secondary listing offer in Singapore on hold, plans to raise $52 million through a preferential equity issue ...

  • News

    Cosco's profit up

    2006-10-31T00:00:00Z

    Cosco has reported a 26% jump in its third quarter on strong contributions from its ship repair and marine engineering business. For the three months to September, it booked earnings of $46 million. The figures include a one-time exceptional gain from the sale of three bulk carriers. Income for the ...

  • News

    IHI delivers Japan's largest boxship

    2006-10-31T00:00:00Z

    Kawasaki Kisen Kaisha, Ltd. ("K" Line) has taken delivery of the new 8000TEU container vessel ?Humber Bridge? at the Kure Shipyard of IHI Marine United. This is the largest containership ever built in Japan. She is the lead-ship in an eight-ship series on order with IHI Marine United Inc. The ...

  • News

    Novatug establishes consultancy

    2006-10-31T00:00:00Z

    Novatug, the Rotterdam-based specialist behind the design of the revolutionary Carousel towing system for tugboats, has established an international tugboat equipment sourcing consultancy for vessel owners and shipyards.Rolf Kievits, general manager of Novatug, says, "There are huge shortages of certain types of equipment in today?s market. But Novatug is in ...

  • News

    Swan has sunk

    2006-10-30T00:00:00Z

    The cranes at the Swan Hunter yard have been sold, ending nearly 150 years of shipbuilding. Owner Jaap Kroese, 67, confirmed the sale, which comes just three months after the world-famous Tyneside site shut with the loss of 800 jobs. The Dutch multi-millionaire, who rescued the yard from the receivers ...