General News – Page 497

  • News

    Aker to build two PSVs

    2006-02-14T00:00:00Z

    Aker Yards has confirmed an optional agreement with Siem Offshore to build two platform supply vessels (PSV). The value of the contract is approximately $40 million and delivery is scheduled for second quarter 2007 from Aker Yards, Aukra. The vessels are of Vik Sandvik design, VS 470 Mk II, and ...

  • News

    Wärtsilä on acquisition trail

    2006-02-14T00:00:00Z

    Wärtsilä Corporation has acquired the entire business of Total Automation Ltd, a Singapore-based public marine automation company, and all Total Automation's shares in its subsidiaries at a price of approximately EUR 61.6 million. Total Automation had sales of EUR 38.5 million in 2004 and has consistently generated EBIT margins in ...

  • News

    Ultratec expands Rio shipyard

    2006-02-14T00:00:00Z

    Brazilian engineering company Ultratec will invest $7.8 million to expand its shipyard in Rio de Janeiro state in preparation for the construction of the P-53 FPSO. Federal energy company Petrobras will lease the FPSO from special purposed company CDC. Ultratec is part of the Quip consortium that CDC has hired ...

  • News

    Eukor orders four PCTCs

    2006-02-14T00:00:00Z

    Eukor Car Carriers Inc in South Korea placed an order of four PCTCs with Hyundai Samho Heavy Industries. The new 6,500 capacity car carriers will be delivered by second quarter of 2009.

  • News

    Jiangdong wins eight MPCs

    2006-02-14T00:00:00Z

    Jiangdong Shipyard in China clinched eight 12,000DWT multi purpose carriers from two German ship owners with delivery of 2008. Each owner ordered four ships.

  • News

    Transpetro picks finalists

    2006-02-14T00:00:00Z

    Transpetro, the transport unit of Brazil's federal energy company Petrobras, has picked four consortia as finalists to build 26 ships at an estimated cost of $1.9 billion. The company is selecting the groups to build 10 Suezmax tankers, five Aframax, four Panamax, three LGP carriers and four fuel carriers.So far ...

  • News

    WAML in newbuild charter deal

    2006-02-14T00:00:00Z

    Chennai-based West Asia Maritime Ltd (WAML), which is into dry bulk transportation business, has entered into a $33.5 million agreement with Mitsui of Japan for taking a bulk vessel under bareboat charter with purchase option deal. The deal is believed to be the first-of-its-kind in Indian industry. Under the charter ...

  • News

    Brazilian shipbuilders get boost

    2006-02-09T00:00:00Z

    The first step towards initializing the Technological Improvement Program (TIP) aimed at boosting the Brazilian shipbuilding industry was taken with the signing of an agreement worth approximately $14.6 million between the government, Petrobras (Brazilian Petroleum, S.A.), Transpetro (a Petrobras subsidiary), and nine of the country's research institutes, most of them ...

  • News

    Manitowoc lands contract

    2006-02-09T00:00:00Z

    Moran Towing Corp has awarded Manitowoc Marine Group a follow-on contract for the construction of two ocean-class, double-hull, hot oil tank barges. The vessels, which will be built by subsidiary Bay Shipbuilding Co., are identical to a pair of tank barges that Bay Shipbuilding delivered to Moran in 2004 and ...

  • News

    Fincantieri builds Indian oceanographic ship

    2006-02-09T00:00:00Z

    Italian shipbuilder Fincantieri has won a $48 million contract to build an oceanographic ship for the National Institute of Ocean Technology of Madras, India. The 104 metres long and 18 metres wide vessel will be built at the Fincantieri military shipyard at Riva Trigoso and Muggiano.

  • News

    ABG gets coastguard trio

    2006-02-08T00:00:00Z

    ABG Shipyard in Mumbai is building three `Special Pollution Control Vessels` for the Indian Coast Guard at an estimated cost of $86 million. These vessels are equipped with oil spill response solutions. For this project, ABG has teamed up with British company Rolls-Royce for designing the first of its ...

  • News

    SeaDrill confirms semi-sub option

    2006-02-08T00:00:00Z

    SeaDrill in Norway recently declared its option to build a second semi-submersible ultra deepwater drilling rig at Daewoo Shipbuilding in Korea. The rig is of the design GVA-7500-N and is fully capable of operating in harsh environment in water depth up to 10,000 feet. The contract price for the unit ...

  • News

    Odense delivers Gerd Maersk

    2006-02-07T00:00:00Z

    Odense Steel Shipyard in Denmark delivered its latest newbuilding, Gerd Maersk, for the A.P. Moller - Maersk Group. This is the fifth vessel in a new series of technologically advanced 6,600 TEU container vessels operated with extensive automation. The newbuilding is powered by a 12-cylinder Wärtsilä RT-flex96C diesel engine from ...

  • News

    ABG plans ship repair yard

    2006-02-07T00:00:00Z

    In its bid to cater to the international ship repair demand, private sector shipyard ABG Shipyard is planning to acquire ship repair facilities in the key shipping routes? network, including Singapore and China.ABG Shipyard in Mumbai has already acquired a ship repair unit at Fujairah, UAE, for an undisclosed amount ...

  • News

    ESL orders two ice bulkers from ABG

    2006-02-07T00:00:00Z

    The Finnish dry bulk cargo carrier ESL Shipping Oy, a subsidiary of Helsinki-based Aspo Plc, has placed a contract for two new ice-strengthened bulk carriers from the Indian shipbuilder ABG Shipyard. Expanding ESL?s so-called ?Eira? class, the18,800 dwt vessels are based on a design by the Swedish naval architect firm ...

  • News

    Virtu gets new Austal cat

    2006-02-06T00:00:00Z

    Mediterranean ferry passengers on the Malta-Italy route are soon to enjoy a stylish new delivery with the introduction of ?Maria Dolores?, an Austal Auto Express 68 metre vehicle-passenger ferry for Virtu Ferries.Set to replace the existing 52 metre ferry, the newbuilding will have additional capacity to carry 600 passengers and ...

  • News

    NLB launches Pharos

    2006-02-06T00:00:00Z

    Northern Lighthouse Board?s new multi function tender ?Pharos? was launched recently at the Gdansk Stocznia Remontowa S.A. yard, Poland. On completion later this year in October, the 84.20 metre long new vessel will make the 1,200 mile passage from Gdansk to the Board?s base at Oban, on the West Coast ...

  • News

    China overtakes Japan

    2006-02-06T00:00:00Z

    China has overtaken Japan to become the world's second-biggest shipbuilding country in terms of orders according to a Hong-Kong based source. China received orders totaling 7 million cgt (compensated gross tonnes) last year, compared with Japan's 6.2 million cgt. South Korea continued to be the biggest, after securing orders amounting ...

  • News

    RCCL orders giant Genesis class

    2006-02-06T00:00:00Z

    Royal Caribbean International (RCCL) has ordered a new generation cruise vessel from Aker Yards. The contract price is around ?900m ($1.08 billion), the most valuable ship ever ordered in the history of commercial shipbuilding. The 220,000gt ship, a prototype developed under Project Genesis, will be delivered from Aker Yards, Finland ...

  • News

    Marghera delivers Noordam

    2006-02-01T00:00:00Z

    Fincantieri?s shipyard in Marghera (Venice) has delivered the cruise ship "Noordam", ordered by Holland America Line, a brand of Carnival Corporation, the world?s leading cruise operator.The newbuilding is the last of four vessels which Fincantieri has built for Holland America Line. The "Zuiderdam", the prototype of the "Vista" series, was ...