General News – Page 480
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Cosco orders 8 boxships
China Cosco Holdings Co, owner of China's second-largest container shipping line, has placed a $516.8 million order for eight new 5,100 teu container carriers. The shipbuilder is Jiangnan Shipyard, a unit of China State Shipbuilding Corp, and the first two would be delivered in June 2009 and the remaining six ...
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New small-bore engines from MAN B&W
New small-bore engines from MAN B&WMAN B&W Diesel has introduced two new engines S35ME-B and S40ME-B, a new addition to its small-bore diesel engines, upgrading the 35MC and 42MC engines to top-of-the-line electronically controlled engines that provide better economy, management and manoeuvrability. Market investigation into this segment, including careful examination ...
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Stena lengthens North Sea ferries
Stena Line is investing approximately $128 million on its two superferries, the Stena Hollandica and the Stena Britannica, which operated on the Harwich to Hoek van Holland route. Both ships will be lengthened to 240 metres making them the largest RoPax vessels in the world. The investment is Stena Line's ...
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More VLCCs for Frontline
Frontline has ordered four VLCC newbuildings at Jignan Shipyard in China for delivery 2009 and onwards. Two of these originally newbuilding contracts have in the second quarter been sold to third party including an element of profit. Frontline has subsequently to this sale entered into further two newbuilding contracts including ...
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Farstad orders construction vessel
Aker Yards has entered into a contract with Farstad Shipping for the building of a construction vessel with a value of approximately $135 million.The vessel is a new UT-design from Rolls-Royce and has been given the designation UT 761 CD. With a total length of 121.5 metres and breadth of ...
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Seadrill to build new tender rig
Seadrill, a Bermuda-based company with an offshore drilling fleet, has entered into an agreement with Malaysia Marine & Heavy Engineering for the purpose of building a new self erecting tender rig, T-11. The new barge unit is scheduled for delivery in the fourth quarter 2008, and capital expenditure is estimated ...
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Malaysia invests in new shipyard
The Perak government in Malaysia has approved a land area of 69.76 hectares in Sungai Manjung, Lumut, on the west coast, for carrying out shipyard operations. About 24 hectares of the area was approved for Perak Shipbuilding & Engineering Sdn Bhd (PSESB), a subsidiary of the local shipping company of ...
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Japanese steel makers to hike price
Japanese steel makers are trying to hike the price of thick steel plate for shipbuilding by $43 per tonne for all deliveries from October onwards. Price negotiation with shipyards will start next month.
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Canada set to expand naval forces
The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium led by General Dynamics Canada is thought to be the leading contender and is expected to place much ...
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STX seeks to build shipyard in Vietnam
STX Group is planning to build a large-scale shipyard in Vietnam. The company confirmed that it is in negotiations with the Vietnamese government on the project and it is probable that the yard will be located in Khanh Hoa, a coastal province of southern Vietnam. However, details such as the ...
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MISC orders four more tankers
The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000 dwt tankers is estimated collectively to be in the region of $200 million.STX Shipbuilding of South Korea's will ...
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Dubai Drydocks looks to shipbuilding
Shipbuilding has emerged as the second most important business for Dubai Drydocks which has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a new phase will cost another $10-$15 million, chief executive Geoff Taylor said. "We were looking to diversify our ...
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Chevron orders oil rig with SBM for Brazil project
US oil major Chevron has ordered a 100,000 barrel per day vessel-based oil rig with Dutch maritime engineering group SBM Offshore NV for its Frade project in Brazil.Chevron officials declined to give the value of the deal, under which SBM will build a floating production, storage and offloading rig (FPSO), ...
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Aker gets two DSVs
Aker Yards has entered into a contract with DOF ASA for the building of one Diving Support Vessel (DSV), and a contract with DOFCON and Technip for a second DSV. Aker Yards is to build a 106 meter Diving Support Vessel for DOF, based on an Aker Yards design ?Aker ...
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Sun Island finally launched
Sun Island finally launchedOfficials at the Bach Dang shipyard in northern Hai Phong city said on Sunday that the newly built 10,500 dwt ?Sun Island? dry cargo vessel freighter that got stuck half-way down the slipway during its launch, has now been successfully freed and towed into the water without ...
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Fate of Gdansk Shipyard hangs in the balance
The ailing Gdansk Shipyard in Poland, which went bankrupt in 1998 and has since been part of the state-controlled Gdynia Shipyard group, is up for grabs again because Gdynia group is itself on the verge of bankruptcy and looking to obtain funds from a share issue. The government wants the ...
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Union fights Philly yard
The Department of Homeland Security in the USA has rejected an AFL-CIO complaint about use of foreign-made parts at the Aker Philadelphia Shipyard, prompting the union to vow a political fight over U.S. shipbuilding protections.The Metal Trades Department of the AFL-CIO asked the US Coast Guard, part of Homeland Security, ...
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DSME gets Transocean drillship
The Houston-based offshore drilling contractor Transocean Inc. has placed an order with Daewoo Shipbuilding and Marine Engineering yard (DSME)in Okpo, South Korea, for the construction of a dynamically positioned, double-hull drill rig ship. When delivered in early 2009, the $615 million enhanced Enterprise-Class drillship will be chartered to Norway's Norsk ...
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Daewoo Mangalia clinches boxship quartet
Daewoo Mangalia Heavy Industries in Romania clinched four Panamax container ships. Gebab Holding GmbH & Co. KG and Conti Holding GmbH & Co. KG ordered two vessels each at a total price of $280 million and they will be delivered by October 2009.
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Aker acquires another yard
Aker Yards has signed an agreement with Kleven Maritime to acquire Kleven Flor? AS, and Kleven Design AS, both located in Flor?, Norway, at a cost of NOK 60 million including debt, based on a working capital of zero. The acquisition strengthens Aker Yards' Merchant Vessels Business Area by adding ...
