General News – Page 518
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ER completes boxship quartet
Two container ships for E.R. Schiffahrt were named at the Hyundai shipyard in Ulsan, South Korea. Both are Panamax vessels, each with a container capacity of 2,556 teu. They continue the newbuilding programme of the shipping operator belonging to the Hamburg-based Nordcapital Group. The delivery of these newbuildings "E.R. Cannes" ...
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LR Group acquires ODS
A Lloyd?s Register Group company has acquired ?degaard & Danneskiold-Sams?e A/S (ODS), a Danish consultancy specialising in noise, vibration and machinery dynamics. The acquisition will build on the strengths of both organisations and will enable the Lloyd?s Register Group to offer the marine, rail and oil and gas industries a ...
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Laird yard closes
A dispute between the owner of the former Cammell Laird shipyard and its tenant Northwestern Shiprepairers has led to 32 people losing their jobs. Northwestern vacated the site after failing to reach agreement with landlord Reddington Finance for an extension to its tenancy. The ship repair firm acquired what was ...
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ABB plans big in China
ABB Ltd., the world's biggest maker of power transformers, will spend $100 million in China to open factories and hire as many as 4,000 employees in three years. The company will use a part of the investment to fund the $30 million it will invest with a unit of China ...
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POSCO into India
South Korea's steel giant POSCO has set up its Indian subsidiary to build a 12 million tonne steel plant in Orissa. The company had signed a deal with the Orissa government for the plant in June.POSCO, the fifth largest steel company in the world, has incorporated its Indian subsidiary POSCO-India ...
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Bank backs Vinashin
A contract to guarantee advance-money for the building of six cargo ships for export to Britain was signed between the Viet Nam Shipbuilding Industry Corporation (Vinashin) and the Bank for Investment and Development of Viet Nam (BIDV). The six 53,000-tonne ships are among a series of 17 ships built for ...
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Roro demand boosts Philippines shipyards
The Philippine government initiative in 2004 to link the islands of the country through a system of roro shipping, known as the Strong Republic Nautical Highway System, has given local shipbuilders a boost. The Strong Republic Nautical Highway System has three routes that connect several islands, from Manila all ...
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£6m bid for Laird docks
Northwestern Shiprepairers and Shipbuilders has offered £6m to buy the dry docks at the centre of its dispute with landlord Reddington Finance. News of the offer comes as the shipyard group prepares to vacate the former Cammell Laird docks in Birkenhead unless a last minute deal can be agreed to ...
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AMC expands facilities
A $90 million investment in Western Australia's shipbuilding facilities could generate billions of dollars for the state economy. The funding boost for the Australian Marine Complex (AMC) at Henderson, in southern Perth, would also create thousands of jobs. The project would see the installation of additional common-use infrastructure, including a ...
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BAE upgrades Clyde yards
Shipbuilding on the Clyde has been secured for 20 years thanks to a massive investment in new jobs and training for the next generation of workers. BAE Systems, which will spend £18.5 million on its Glasgow yards, claimed the move restored Clydeside as a "beacon" after decades in decline. The ...
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Bermuda police go for Austal
Following the recent announcement of Austal being awarded six 16 metre aluminium monohull boats for the Water Police in the Australian state of New South Wales, the same design has found favour with the Bermuda Marine Police Service who has ordered a further vessel.To be based in Hamilton Harbour for ...
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Daewoo to build two dry docks in China
Daewoo Shipbuilding is rumoured to be building two dry docks in Yantai, China. The plan is to construct a 1 million DWT dry dock and a 300,000DWT dry dock in Yantai, Shandong and, if built, the South Korean shipbuilder will have a 4 to 4.5 million GT newbuilding capacity compared ...
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QGTC plans more LNG tankers
Qatar Gas Transport Co. (QGTC) has enlisted international shipbuilders to construct six to eight LNG carriers at a cost of about $230 million each. QGTC expects to lease each vessel to deliver LNG to the UK. Bids have been issued, winning firms are to be announced next month, and final ...
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GL records record tonnage
Fuelled by the order boom in international shipping, the tonnage classified by Germanischer Lloyd (GL) has grown to more than 50 million gross tonnage (GT). This is a milestone in the history of the classification society, which attends to the safety of over 5,730 vessels worldwide. "We are deeply grateful ...
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Marine lubricants in short supply
The French marine lubricants supplier, Total Lubmarine, maintains that the marine lubricants industry is facing a new and deepening supply crisis compounded by a period of unprecedented raw material price increases. It claims that an unexpected maintenance shutdown at the Chevron Oronite plant in Singapore, and Chevron Oronite's subsequent declaration ...
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Two more for Ezra
The Singapore-based offshore services provider, Ezra Holdings, has ordered two new 12,000 bhp multi-purpose anchor handling, towing and supply vessels (AHTS) from Pan-United Marine, a wholly-owned subsidiary of Pan-United Corporation. Delivery is slated by mid 2007 and the newbuildings will cost almost $24 million, excluding the cost of certain owner-furnished ...
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Vinashin goes with Hempel
Hempel, the Danish paint manufacturer, and the Vietnam Shipbuilding Industry Corporation (Vinashin) have signed a Business Co-operation Agreement (BCA) making Hempel the preferred supplier to all Vinashin's newbuilding projects. The agreement will be managed by SHIMEX (Ship Materials Import Export Company) a business unit of Vinashin. The agreement means Hempel ...
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Daewoo profit falls
Daewoo Shipbuilding & Marine Engineering (DSME) reported that its net income in July declined 34% to $8.1 million from a year earlier. Operating profit fell 58% $9.66 million, with sales declining 30% to $311.5 million.DSME, Hyundai Heavy Industries and Samsung Heavy Industries, the world?s three largest shipbuilders, are constructing ships ...
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Nakagawa orders chemical pair
Nakagawa Bussan in Japan placed an order for two 11,200DWT chemical tanker with STX Shipbuilding at a cost of $ 44 million. Ship particulars are 116.5m in length, 20m in breadth and 11.7m in depth with a service speed of 13.6 knots and delivery slated for 2007.
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Aker creates Helsinki ferry centre
The Board of Aker Finnyards has taken measures to make its Helsinki yard one of the most cost effective yards for building ferries in the industry. The former Kvaerner Masa Yards site in Helsinki has become too small to meet the demand for today?s ever growing cruise ship sizes, and ...
