General News – Page 517

  • News

    EU confirms aid to ENVC

    2005-09-09T00:00:00Z

    The European Commission has decided to allow an extension of the delivery date for two product/chemical tankers built at Estaleiros Navais de Viana do Castelo (ENVC), Portugal in derogation from the EC Treaty state aid rules on shipbuilding. As a general rule, shipbuilding contracts signed before the abolition of operating ...

  • News

    Zhejiang shiprepair to be operational

    2005-09-09T00:00:00Z

    Zhoushan Wanbang Yongyue Shipyard in China will be operational soon following government approval for the building of the ship repair facility at a cost of $37.8 million. The shipyard has a 300,000DWT, a 200,000DWT dry dock and an outfitting quay. Dongfeng Shipyard in China clinched nine 200TEU container ships ...

  • News

    Bender wins tug contract

    2005-09-09T00:00:00Z

    Bender Shipbuilding & Repair plans to hire 450 new workers, 200 of them in Mobile, to build three tug barges worth $232.5 million for Maritrans Inc. Each articulated tug barge unit, a type of powerful 12,000-horsepower workboat, will be worth $77.5 million and able to carry 335,000 barrels of petroleum ...

  • News

    IMO calls for cooperation in Malacca Strait

    2005-09-08T00:00:00Z

    The IMO stressed the need for closer cooperation to enhance security in the Malacca and Singapore Straits. Secretary General, Efthimios Mitropoulus, made the appeal while opening the two-day meeting on the Straits of Malacca and Singapore: Enhancing Safety, Security and Environmental Protection. He said that the meeting was expected to ...

  • News

    Northrop Grumman resumes work

    2005-09-08T00:00:00Z

    Northrop Grumman will resume building Navy ships at its Katrina damaged Gulf Coast yards as early as next week, according to company executives. Operations in Pascagoula, Gulfport and New Orleans represent about 10% of the company's annual business, with Pascagoula making up about 7%. The company had a profit of ...

  • News

    INP wins three ethylene carriers

    2005-09-08T00:00:00Z

    An unspecified Japanese shipowner has ordered three 10,000 cbm ethylene carriers from INP Heavy Industries in South Korea at a cost of $135 million. They will be built to ice class specification and will be chartered to a European shipping company.

  • News

    India orders French subs

    2005-09-07T00:00:00Z

    The Indian government has approved a 2.4 billion euro order for six French Scorpene submarines, in which Thales and partner DCN have a 1.2 billion euro share. The deal, already cleared by the Indian defence and finance ministries, has been awaiting finalisation for several months. DCN, the state-owned shipyard, said ...

  • News

    Sumitomo ups steel price

    2005-09-07T00:00:00Z

    Sumitomo Metal Industries (SMI) agreed with major shipbuilders to increase the plate contract price by 5,000 yen ($45.63) per tonne for shipment in second half of fiscal 2005 ending March 2006. The price increased to 60,000 yen ($547.37) per tonne.However, SMI will seek another hike for fiscal 2006 if the ...

  • News

    Qatar to have world's largest LNG fleet

    2005-09-07T00:00:00Z

    Qatar will have the world's largest fleet of LNG carriers within five years, according to Robert Curt, the managing director of Qatar Gas Transport Company (QGTC) which manages the marine interests of the Ras Laffan industrial city's LNG and pipeline projects. Curt said Qatar anticipates requiring a total of about ...

  • News

    Record growth for Nordcapital shipping

    2005-09-07T00:00:00Z

    The Hamburg-based Nordcapital Group can look back on another positive year. With a total investment volume of ?636.2 million, 2004 sets a new company record for earnings. The main focus of investment was shipping funds, accounting for ?556.4 million, followed by some ?80 million in real estate funds. The accumulated ...

  • News

    Korean shipbuilders on a high

    2005-09-06T00:00:00Z

    Korean shipbuilders have been leading the global market with competitive prices and timely deliveries for the past decade, thanks to peaceful labour-management relations and sufficient domestic supply of parts and steel plates. Since the early 1990s, domestic dockyards have seen no labour disputes or strikes, which used to be a ...

  • News

    LR LNG 100 not out

    2005-09-06T00:00:00Z

    The recent orders of classification services for six LNG carriers have resulted in an important milestone for Lloyd?s Register (LR): over 100 LNG ships now exist or are being built to LR class, confirming the organisation?s market leadership in the classification of LNG ships. This milestone is also significant because ...

  • News

    China ratifies Changxing shipyard

    2005-09-06T00:00:00Z

    The Chinese government recently ratified the construction of Changxing shipyard, the $3.6 billion shipbuilding complex at the mouth of the Yangtze river which will triple Shanghai?s shipbuilding capacity. First stage of the plan for the new facility is to build four dry docks, 9 outfitting quays of 2,926m and a ...

  • News

    LR Asia and CCS sign jv

    2005-09-06T00:00:00Z

    Lloyd?s Register Asia has signed an agreement to establish a joint venture with China Classification Society (CCS) in Beijing. The exclusive agreement was signed by David Moorhouse, Executive Chairman of Lloyd?s Register, and Li Kejun, President of CCS. The joint venture, to be based in Beijing, will enable the rapid ...

  • News

    New generation liftboat

    2005-09-05T00:00:00Z

    A new generation liftboat with capabilities that will exceed existing craft is due to be delivered later this year to US-based Montco Offshore. The new liftboat is under construction at Bollinger Shipyards in the US and will be named Kayd. Two years ago, the shipbuilder delivered the 245ft class liftboat ...

  • News

    BAE hopes for more destroyers

    2005-09-05T00:00:00Z

    The UK?s Defence Secretary, has revealed that he wants eight Type 45 destroyers to be built by BAE Systems and VT Group - provided the price is right. Only three of the warships, which cost £650m each, are firmly on order so far and there had been fears the class ...

  • News

    Jotun COSCO JV

    2005-09-05T00:00:00Z

    COSCO International Holdings has completed the formation of a new joint venture, Jotun COSCO Marine Coatings (HK) Ltd. (Jotun COSCO). Lin Libing, deputy managing director of the company, said, "We are very glad to join hands with Jotun A/S to develop the marine coatings business in China. Such cooperation not ...

  • News

    More tugs for German owner

    2005-09-05T00:00:00Z

    The German shipbuilder Mutzelfeldtwerft in Cuxhaven has won a $60 million order for two more powerful ocean-going tugs from domestic offshore operator Harms Bergung Transport and Heavylift. The tugs will have a bollard pull of 220 tonnes, believed to be the most powerful German tugs ever, and are due for ...

  • News

    GL ventilation rules published

    2005-09-02T00:00:00Z

    Ventilation systems on board of ships are covered by new construction rules which have come into force on September 1st. The construction rules contain technical requirements for different ship types and ventilation systems. The comprehensive set of rules compiled in a single document applies to all newbuildings to be classed ...

  • News

    Keel laying for RNN vessel

    2005-09-02T00:00:00Z

    The keel laying ceremony of the new logistic support vessel for the Royal Netherlands Navy took place at Damen Shipyards Galati, Romania. The new 56 metre long vessel will replace the current vessel named HM "Pelikaan" and will be based in the Caribbean for the transport of equipment and personnel ...