General News – Page 469
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Hyundai expands Chinese facilities
Hyundai Corporation has completed the slipway construction of Qingdao Hyundai Shipbuilding Co., Ltd, an acquired shipyard in China, and announced its mid- to long-term development plan. The newly constructed ?number four? slipway has the capacity to build a 25,000 dwt ship.Hyundai has laid out plans to continuously expand its shipbuilding ...
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Poland will give EU shipyard response
The future of Poland's shipyards featured high in the Polish prime minister?s meeting and press conference with EC president Jose Manuel Barroso. The issue is one of the most contentious in strained relations between Poland and the EU.Under EU rules, governments can support struggling businesses, but only if they can ...
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KDB to unveil Daewoo sale
Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering DSME), will announce in early 2007 a plan to sell the world's No. 2 shipbuilder, the bank's governor said on Monday. State-run KDB and government restructuring agency KAMCO jointly own half of the shipbuilder, one of former ...
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Steel distributors interested in Polish yards
KEM and Zlomrex, which deal in steel and scrap trade, have expressed an interest in investing capital in, respectively, Gdanska and Szczecinska Nowa shipyards. They are the latest in a growing number of private investors interested in the booming shipyard market. Several months ago, Roman Karkosik said he was interested ...
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Dolphin dives into ship-building
Dolphin Offshore Enterprise (DOE) in Mumbai, India, is in negotiations with three Gujarat-based companies to acquire a shipyard. DOE is having discussion with Gujarat government owned Alcock Ashdown besides two privately held companies based in the state including one in Jamnagar.DOE plans to invest $35 million in buying ships and ...
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SFPA selects IBS for new vessel
Northrop Grumman has received orders to supply bridge navigation and communication electronics for a new offshore fisheries patrol vessel under construction for the Scottish Fisheries Protection Agency (SFPA). The equipment, to be supplied by Northrop Grumman?s Sperry Marine business unit, will include a complete networked system that ties together all ...
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Makin Island christened
The United States Navy recently christened the Makin Island (LHD 8) amphibious assault ship in Pascagoula, Miss. at Northrop Grumman Ship Systems. The Makin Island, which is powered by two GE LM2500+ gas turbines coupled with GE main reduction gears, was design and built by Northrop Grumman.According to Karl Matson, ...
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State stalling ferry purchase
A Tacoma shipbuilder has filed a claim against the state Department of Transportation and Washington State Ferries alleging they have intentionally stalled the purchase of four new ferries to replace ships that are nearly 80 years old.J.M. Martinac Shipbuilding also claims that Transportation Secretary Doug MacDonald has waged a vendetta ...
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CSE seeks funding and labour costs cuts
Canadian Shipbuilding & Engineering Ltd. (CSE) will seek government money, cut labour costs and restructure before resorting to a sales process if necessary, the monitor overseeing its bankruptcy protection said in court documents. CSE was formed 20 years ago by the merger of the shipbuilding and repair divisions of two ...
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Davie shipyard assets to be liquidated
Norway's Teco Management has failed to meet the conditions for the purchase of the struggling Davie Industries shipyard in Canada and the trustees behind the facility say it will be liquidated. Thibault Van Houtte and Associates Ltd., the trustees of the shipyard, said in a statement that Teco did not ...
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BV links up with VR
Bureau Veritas (BV) has joined forces with the growing Vietnam Register (VR)and have agreed to co-operate on the following services:classification/certification surveys of construction, transformation and major repairs of vessels and offshore structures, holding or intended to hold the dual classification/certification VR/BV, or the single classification/certification VR or BV ;classification/certification surveys ...
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Saigon Shipmarin to build first export vessels
The Saigon Shipbuilding and Maritime Industry Company (Saigon Shipmarin) signed a contract with Japan's Kanematsu Corp. to build two 6,500-tonne general cargo vessels. These are the first vessels that the shipyard, a member Vinashin, will be building for export. The first vessel is expected to be handed over in March ...
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Pan-United secures Malaysian contracts
The Singapore shipbuilder Pan-United Marine has won two shipbuilding contracts worth $25 million from Malaysia's leading offshore fleet operator Bumi Armada Navigation. The contracts involve the construction of two maintenance work vessels and are the third and fourth vessels ordered by Bumi Armada. They will be built in Pan-United Marine's ...
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EU adopts tough stance on Polish yards
The future of Poland?s shipyards was called into doubt yesterday in a stand-off between Brussels and Warsaw over hundreds of millions of euros of state aid. Neelie Kroes, EU competition commissioner, has given Warsaw until the end of the week to justify the state support by setting out restructuring plans ...
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Hanjin bags another two boxships
Hanjin Heavy Industries & Construction Co in South Korea has received an order to build two 3,100 TEU container vessels from A.P. Moeller-Maersk A/S for $124 million. The ships will be delivered by the end of September 2009.With this latest contract, Hanjin Heavy now has an order backlog to build ...
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Thales, DCN near agreement
Thales and French state shipyard DCN are close to a long-awaited agreement on a tie-up and an announcement is likely in October.
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UASC orders 8 ships from Hyundai
The United Arab Shipping Company (UASC) has signed a contract with South Korea's Hyundai Heavy Industries Company Limited (HHI) to build eight 6,500 TEU container ships at a cost of $835 million. UASC will start taking delivery of the 25. knot ships from March 2008 and the delivery will be ...
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Aker inks Island Offshore pair
Aker Yards ASA has signed contracts worth a combined $96 million with Island Offshore in Ulsteinvik, Norway, to deliver two new oil services vessels. The contracts are for a 78.3 metre UT 712 L anchor handling tug supply vessel, while the second is for a 93 metre UT 776 CD ...
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Bibby orders Topaz
Bibby Offshore Ltd, the Aberdeen based Subsea Contractor, part of Bibby Line Limited of Liverpool, has placed an order for a second new-build diving support vessel (DSV) to the market, following on from the ?Bibby Sapphire? conversion which delivered in the first quarter 2005. The new vessel, named Bibby Topaz, ...
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Another Rem order for Kleven
Rem Maritime in Norway has ordered another UT712L anchor handling tug (AHTS) from Kleven Verft in Ulsteinvik, Norway. The vessel will be identical to two more vessels already under construction at Kleven for Rem Maritime and the value of the contract is $47 million. The vessel is 78.3m long, with ...
