General News – Page 496
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Daewoo wins orders from Norway and Greece
Daewoo Shipbuilding & Marine Engineering has won orders from Norway and Greece worth $530 million. The shipbuilder secured an order from Norway's Odfjell Invest I Ltd to build a semi-submersible drilling rig and a deal from Kristen Navigation of Greece to build a 320,000 DWT VLCC, taking its order book ...
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IMO introduces tougher rules on dumping waste at sea
A significant milestone for the protection of the marine environment will be reached on 24 March 2006 with the entry into force of the 1996 Protocol to the Convention on the Prevention of Marine Pollution by Dumping of Wastes and Other Matter, 1972, following its recent ratification by Mexico, the ...
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Vinashin wins domestic and foreign contracts
The Viet Nam Shipbuilding Industry Corporation (Vinashin) recently inked 18 contracts with both domestic and foreign partners. The contracts, signed within the framework of the 3rd International Exhibition on Shipbuilding, Marine Technology and Transportation, held in Ha Noi, include deals to supply three 8,700 DWT ships to Japan and ten ...
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Qatar JV in gas venture
Qatar Gas Transport Company and Qatar Shipping will use a joint venture company to own and operate four LNG vessels. The ships are being built by Hyundai Heavy Industries at a cost of $88.5m each. They will be delivered between 2008 and 2014.
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Ferguson faces renewed fears over job cuts.
The Glasgow-based shipbuilder Ferguson is once again waiting to hear if the Scottish Executive will give it work and keep the yard going. Ferguson's 118-strong workforce hopes to learn next week if the government will place an order to build a vessel for the Scottish Fisheries Protection Agency (SFPA). The ...
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EU probes German shipyard aid
The European Commission has launched an investigation into proposed government subsidies of euro5.8 million ($6.9 million) to two German shipyards to ensure it complies with EU rules on state aids. The probe concerns aid to the Rolandwerft and Volkswerft Stralsund yards.
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Montanari declares options
The Italian shipowner, Navigazione Montanari S.p.A., declared the option for the construction of two more 37,000 DWT product/chemical tankers for a total investment of ?81 million. The option was provided by a contract signed on the 20th January 2006 with South Korean shipyard Hyundai Mipo Dockyard Ltd which is already ...
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Rimorchiatori orders AHTS
The Genoa-based tug company, Rimorchiatori Riuniti, has ordered a AHTS vessel from Fincantieri for delivery in December 2007. The 3,000 DWT vessel is of a MOSS 424 design and will have a length of 75.65 m and a breadth moulded of 16.90 m. The contract includes an option for a ...
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Post-Katrina labour shortages cripple Gulf shipbuilders
Last November, Bollinger Shipyards did something completely out of character. The shipbuilder backed out of a $700 million contract it had worked for years to land and passed on another worth $150 million because high wages and scarce employees threatened the company's ability to make a profit. The move was ...
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Aker signs Island Offshore job
Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a 3,500 DWT UT 755 LN platform supply vessel. The value of the contract is approximately NOK 150 million. This is the 17th contract between the shipowner, ...
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LNG for Petronet
A consortium of MOL, Nippon Yusen Kabushiki Kaisha, Kawasaki Kisen Kaisha, Ltd. and Shipping Corporation of India (SCI) signed an agreement with New Delhi-based Petronet LNG Limited (PLL) for a long-term time charter of a new LNG carrier. At the same time, the consortium concluded an agreement with Samsung Heavy ...
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Vela orders six VLCCs
Vela International Marine Limited, a wholly owned subsidiary of Saudi Aramco, signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) to build six VLCCs at its Okpo yard in South Korea. The ships will be built to Vela's high specifications and standards, including state-of-the-industry, high-technology systems and fittings. Each ...
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Asian shipbuilders in order frenzy
Daewoo Shipbuilding won six VLCCs from Vela with delivery of 2009. Shina Shipbuilding won four 41,000DWT product carriers from Ocean Tanker in Singapore. IHI MU in Japan won a new order of a 300,000DWT VLCC from NYK. NACKS in China snapped up two 75,000DWT bulk carriers and Xinhe Shipbuilding won ...
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MOMAF plans icebreaker
Ministry of Maritime Affairs and Fisheries (MOMAF) in South Korea is selecting a shipbuilder to construct a 6,950 tonne ice breaking research vessel for the Antarctic. Delivery of the $102 million vessel is planned for 2009 and will have a 1 metre ice capability at 4 knots.
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Works starts on southern Viet Nam's largest shipyard
Construction of the largest shipyard in southern Viet Nam began in Nhan Trach district, southern Dong Nai province. Vinashin will be investing nearly 600 billion VND ($38 million) in building this facility which will be capable of building and repairing container ships, oil and gas tankers and military ships of ...
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Papenburg yard gets second Challenger
The American cruise operator Celebrity Cruises, an affiliated company of Royal Caribbean Cruises Ltd., has ordered another large cruise vessel from Meyer Werft in Papenburg, Germany. The contract for the construction of a second ship follows an order for the first 118,000 gt post-Panamax Challenger class ship which was placed ...
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Arctic Discoverer delivered
Kawasaki Kisen Kaisha, Ltd. ("K" Line) has entered into service its new 140,000 cbm Moss type LNG carrier "Arctic Discoverer", constructed at Mitsui Engineering and Shipbuilding's Chiba Works in Japan. The vessel is co-owned with Statoil, Mitsui & Co. and Iino Kaiun and will be chartered to "Sn?hvit Sellers" consisting ...
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Seaspan orders feeder duo
Seaspan Corporation based in Vancouver has agreed to purchase two new building vessels from affiliates of Conti Holding GmbH & Co. KG ("Conti") of Germany. This acquisition is incremental to Seaspan's original contracted fleet, and will increase the company's total fleet to 25 vessels. Seaspan will acquire the two 3,500 ...
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South Korean shipbuilders moving into China
South Korean shipbuilders are scrambling to move production of ship hulls to China to take advantage of its cheap labour and large construction facilities. Leading the pack is Samsung Heavy Industries which has been operating Samsung Heavy Industries Ningbo Co., with an annual capacity of 120,000 tonnes, since 1997. Samsung ...
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Subsea 7 orders pipe laying/offshore construction vessel
IHC Holland Merwede?s subsidiary Merwede Shipyard has received a contract for the design and construction of a new Pipe Laying/Offshore Construction vessel from Subsea 7 at a cost of $170-200 million depending on options exercised. The newbuilding wilhave a length of 151 metres, a width of 28.40 metres and a ...
