General News – Page 459
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Italy may sell Fincantieri shares
The Italian government is considering selling shares in Fincantieri, the country's largest shipbuilder, which may raise about 750 million euros ($951 million) as Prime Minister Romano Prodi divests government assets to cut debt. The Prodi government may sell about half of Fincantieri in the first six months of 2007 in ...
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Russia, France expand naval cooperation
Russia's state arms exporter and a French defense company signed a cooperation document during an international arms show in France. Rosoboronexport and DCN signed a letter of intent aimed at establishing and developing export and technical cooperation in the naval sphere, particularly in R&D and the design of combat ships ...
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Severnav blighted by Danube
The Romanian shipbuilder Severnav Drobeta Turnu Severin made 840,000 Euro profit in the first nine months of the year, against about 73,000 Euro in the corresponding period of last year.However, the company's turnover suffered a 66% drop to 4.32 million euros compared to the 12.5 million euros for the same ...
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STX wins six PCs
STX Shipbuilding has won six LR1 product carriers from the Shipping Corporation of India at a total price of $373 million. They will be delivered by July 2010.
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New contract for rejuvenated yard
A shipyard which came back from the brink of death is celebrating fresh contract success. McNulty Offshore has clinched another lucrative order to help safeguard some of the 850-strong workforce at its South Shields yard.About 100 workers were laid off last week as the Maersk Oil owned FPSO ?Global Producer ...
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A&R build first SWATH yacht
A new design of expedition vessel for worldwide cruising has been created by Abeking and Rasmussen (A&R). The German yard has received an order from a private yacht owner for this new design after he sold his conventional monohull yacht. New building number 6480 is being built as a SWATH ...
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China into VLCCs
China's major ocean shipping business, China Shipping Group Company (CSGC), signed a contract to build four VLCCs. The four 308,000 DWT vessels will be built by China State Shipbuilding Corporation (CSSC). CSGC will have 12 VLCCs by 2010 giving a total carrying capacity of 8 million tonnes. Currently, CSGC has ...
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VT Halmatic delivers first Camarc pilot boat
The new pilot boat, to be named ?Greatham?, is one of two ordered by PD Ports in the UK for Teesport and Falmouth Harbour Commissioners. The vessel?s design is based on Teesport?s existing 16 metre pilot boat ?Coatham?. Based on 6 years experience of successfully operating this type of vessel ...
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IBIA backs multiple solutions for cleaner emissions
The International Bunker Industry Association (IBIA) says that moves to further tighten air emission controls on shipping through changes to IMO?s Marpol Annex VI must be based on a multiple solution approach.Speaking at IBIA?s annual convention, held in Monaco, Ian Adams, secretary-general of IBIA, said: "The international community wants to ...
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Northrop Grumman supplies S-VDRs for Teekay
Northrop Grumman Corporation in the USA has been selected to supply simplified voyage data recorders (S-VDR) for 59 Teekay Shipping vessels. Northrop Grumman?s Sperry Marine business unit is supplying the S-VDR hardware, as well as technical support, installation kits, interface devices, commissioning and training, through its worldwide service network. The ...
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IRISL orders domestic bulkers
The Islamic Republic of Iran Shipping Lines (IRISL) has signed a $500 million contract with Iranian shipbuilders for 16 cargo vessels and plans to enter the LNG market. IRISL is waiting for financing from Iranian banks for the fleet of 16 Panamax and Handymax bulk carriers.Before this latest deal, the ...
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Qingdai Hyundai clinches seven PCs
Qingdao Hyundai Shipbuilding (QHS) has won an additional newbuilding contract for seven 5,500 DWT product carriers with the Greek shipping company Agean Bunkering Services Inc. Agean has already ordered 9 similar product tankers in January and, with this additional contract, the Greek company has ordered a total of 16 ships ...
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Aker builds Farstad quartet
Aker Yards has entered into a contract with Farstad Shipping ASA to build four AHTS vessels with a value of approx $321 million. The multifunctional deep water anchor handling tug supply service vessels, based on a new design from Rolls-Royce, the UT 731 CD, and are 87.4 metres long and ...
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Ulstein double-X naming ceremony
The first two platform supply vessels with the ULSTEIN X-bow design will be named at Ulstein Verft. The two ULSTEIN PX105 vessels were ordered by Bourbon Offshore Norway and are on long-term charter ontracts with BP Norway. The vessels will primarily supply the oil fields operated by BP in the ...
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Sembawang awarded drillship upgrading contract
Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine in Singapore and one of the largest integrated ship repair and conversion facilities in Southeast Asia, has secured a $19 million contract from Neptune Marine Oil & Gas Limited (NMOG), Scotland, for the upgrading and reactivation of drill ship, ?Neptune Explorer?. Sembawang ...
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Samsung clinches drillship
Samsung Heavy Industries has clinched a $637 million drillship from a European-based owner for delivery June 2009.
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Struggling Ferguson still afloat
Ferguson Marine, the last independent commercial shipbuilder on the Clyde, revealed it had plunged deeper into the red with its third year of hefty losses. Although the yard continues to struggle against cutthroat competition and is still reeling from the loss of contracts to the Polish shipbuilder Remontowa, it said ...
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Polar christens final Endeavour tanker
Polar Tankers, Inc., a wholly owned subsidiary of ConocoPhillips, has christened the 142,000 DWT ?Polar Enterprise?, the company?s newest double-hulled crude oil tanker. Classed by ABS, Polar Enterprise is the fifth and final Endeavour Class tanker in Polar Tankers? U.S. flag fleet and is specifically designed to carry crude oil ...
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Kleven books largest order ever
Kleven Verft in Ulsteinvik, Norway, has, in cooperation with its associated company Myklebust Verft, signed contracts with Siem Offshore Inc in Kristiansand, Norway, for the building and delivery of six large and environmental friendly anchor handling vessels of the Vik Sandvik design VS 491 CD AHTS. The contracts include options ...
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Protos online
Be safe and save time! These are the fundamental goals of the PROTOS database by Germanischer Lloyd. Now online, PROTOS ("Provisions for Transportation of Solid Bulk Cargoes") allows shipping companies, chartering companies and marine terminals quick access to all safety regulations for dry freighters - be it regulatory, structural or ...
