General News – Page 483
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Aker finalizing Alstom transaction
Following the earlier announcement that Aker Yards and ALSTOM intend to join forces in shipbuilding, a new company has now been established to which Chantiers de l'Atlantique will transfer its employees, assets and cruise ships contracts. The legal name of the new company in France will be Aker Yards SA, ...
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India funds shipbuilding
The order book position of the Indian shipyards stands at $2.2 billion at present and is expected to improve further according to T.R. Baalu, minister for shipping, road transport and highways. In order to offer incentives to shipbuilding activities, the minister proposes to extend policy to provide shipbuilding subsidy of ...
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Vinashin gets nod for restructuring
The Government Office in Vietnam has approved a proposal to establish the Vietnam Shipbuilding Industry Economic Group (Vinashin Group) by restructuring the Vietnam Shipbuilding Industry Corporation (Vinashin). The Vinashin Group would become a multiple owner business with the state holding a majority stake, comprised of state-owned and equitised subsidiaries. Under ...
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Remontowa builds Finnish project vessels
The Finnish chartering and operations company Meriaura Oy will add into its fleet a new type of multipurpose deck cargo vessels ordered from the Polish shipyard, Remontowa. The vessels are designed for heavy project cargoes on deck, and will be built according to the Finnish-Swedish ice class I A. The ...
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Dayang seals six bulkers
Dayang Shipbuilding in Yangzhou, China, has won an order for six 53,000 dwt handymax bulk carriers from IRISL in Iran at a cost of $29.5 each. First of six will be delivered in February 2008 with the remainder following at two monthly interval. The contract includes options for four sisterships.
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Aalborg opens Vietnam factory
After three years of planning, the Danish-Vietnamese joint venture Aalborg Industries Vietnam opened a new production plant in the northern port city of Haiphong's An Hong Marine Industrial Zone, one of the main centres for the Vietnamese shipbuilding industry.The new 2,700 square metres facility is a joint venture between Vietnam ...
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MNP and Catfish sign order for chemical tankers
Volgograd Shipyard, a subsidiary of MNP Group, concluded a contract with the Swedish shipping company Catfish Forvaltning for the construction of two class II chemical tankers under project 4450. The contract includes two options.The 4,500 dwt tankers will be driven by a single CP propeller and will have a maximum ...
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Another REM AHTS for Kleven
Kleven Verft in Ulsteinvik, Norway, has entered into contract with Norwegian ship owner REM Maritime for the construction of an advanced Rolls-Royce offshore vessel. The value of the contract is approximately $49 million.The vessel is an anchor-handler vessel of type UT 712 L from Rolls-Royce which has been adapted to ...
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Sovcomflot inks Arctic shuttle tanker pair
Sovcomflot, Russia's largest state-owned shipping company, and Admiralteyskiye Verfi (Admiralty Shipyards), the St. Petersburg-based shipyard, have concluded and signed a $350 million deal for the construction of two arctic shuttle oil tankers, hulls Nos.02750 and 02751. This is the biggest order in the history of Russian civil shipbuilding to date.Designed ...
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Russian government eyes private yards
The owner of the country's two largest military shipyards has said the government wants to acquire both firms and that state arms trader, Rosoboronexport, was in talks to buy them. The Severnaya Verf and Baltiysky Zavod shipyards in St. Petersburg are estimated to hold shipbuilding contracts worth about $2 billion. ...
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GWS clinches boxship
Guangzhou Wenchong Shipyard in China clinched a 1,700TEU container ship from Schoeller Holdings Ltd. The new order is the fourth ship ordered from the German ship owner. Price and delivery were not revealed.
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Keppel receives repeat Maersk order
Singapore-based Keppel FELS Ltd (Keppel FELS) has secured a contract to build a repeat ultra deepwater semi-submersible drilling platform for A.P. M?ller - M?rsk at a cost of $263 million. This order brings the level of new contracts secured to date in 2006 to above $2.5 billion for the whole ...
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Algeria buys two Russian subs
Russia is to sell two 636 Project submarines to Algeria for $400 million. Vladimir Alexandrov, director general of Admiralty Shipyard, said the contract is to be signed in June. The deal was to be struck during Russian President Vladimir Putin?s visit to Algeria back in March, but the contract negotiations ...
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Kakinada plans shipyard
The port of Kakinada, located in south-east India on the Godavari river delta, is planning to establish a privately owned shipyard and an announcement regarding this project is to be made by the government later this year. Due to unavailability of land in the waterfront area, the shipyard will have ...
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MacGREGOR to supply Japanese shipbuilder
MacGREGOR will supply the Japanese shipbuilder, Shin Kurushima group, with RoRo equipment for 45 newbuildings. MacGREGOR?s new long-term agreement with Shin Kurushima covers design and manufacture of cargo access equipment for car carriers that will be built at the Toyohashi Shipbuilding and Shin Kurushima Dockyard. The 4,000 to 6,500-unit size ...
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Russia launches new stealth corvette
A new stealth corvette with special technology for low detectability by radar has been launched in Russia. The Steregushchy corvette is the first in the Project 20380 series designed by the Almaz Central Marine Design Bureau and being built at the shipyard. Navy Commander Admiral Vladimir Masorin said at the ...
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Stocznia Gdanska ready to operate alone
Stocznia Gdanska in Poland would like to see the government agency and its own employees as the new investors of the shipyard by the end of May. Whoever the investors are, the company must start to operate on a stand-alone basis without Stocznia Gdynia.Stocznia Gdynia hopes to receive offers from ...
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Nexus and APL join forces
With the successful private placement in Nexus Floating Production Ltd., Nexus will issue 13.0 million shares of which 40% will be owned by the Norwegian based APL ASA which has invested $52 million in the placement. Carl Arnet, CEO of APL states that "We are proud to give birth ...
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STX looks to expand in Vietnam
South Korean shipbuilder STX is surveying locations in Ninh Hoa District in the Khanh Hoa Province in Vietnam to build a 350-hectare shipyard. The planned shipyard, which is projected to cost $500 million, will be able to build ships of 120,000 DWT or larger.
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Exmar enters offshore production market
Exmar, the Belgian shipping group, is going ahead with the OPTI-EX Floating Production System and is also considering a separate listing of its offshore division. The company has signed a letter of intent with Kiewit Offshore Services (USA) for the construction of one semi submersible hull, with an option for ...