General News – Page 530
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Korea secures LNG dozen
Teekay Shipping Corp and a group of Japanese owners have won contracts to lease 12 new LNG tankers to Qatar Gas according to industry sources. Mitsui OSK Lines, Nippon Yusen KK, Kawasaki Kaisha Kisen, Iino Kaiun Kaisha and trading house Mitsui & Co will own eight of the 215,000cu m ...
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Keppel to convert Settebello
Keppel Shipyard in Singapore has entered into an agreement with Charter Development Limited Liability Company (CDC), a special purpose company of ABN Amro Bank?s Brazilian unit, for the hull conversion of a Floating Production Unit (FPU) for $174 million. Work includes marine conversion as well as the fabrication and integration ...
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Lockheed Martin lays Freedom?s keel
The keel was laid for Freedom (LCS 1), marking a significant milestone in production of the U.S. Navy's first Littoral Combat Ship (LCS), a new class of surface combatant designed to operate in shallow coastal waters. Freedom is under construction at Marinette Marine and will be delivered to the Navy ...
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Solvang pair for Meyer
The Norwegian shipping company Solvang ASA together with a group of investors have placed an order with Meyer Werft in Papenburg for the construction of two LEG/LPG tankers.The gas tankers will have an overall length of 154.9 metres, a breadth of 22.70 metres and a cargo capacity of 17,000 m3. ...
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IHC Holland Merwede win pipe laying vessel
Merwede Shipyard, a subsidiary of IHC Holland Merwede BV, has received the contract for the design and construction of a new Reeled Rigid Pipe laying / Offshore construction vessel for Subsea 7. The pipe laying equipment will be designed and built by Huisman Itrec. Merwede Shipyard was granted the order ...
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Nor-Shipping
During next week the Motor Ship editorial team will be at NorShipping and there will be no daily news updates. However, if any readers are attending NorShipping, we will be pleased to welcome you to the Motor Ship stand in Hall D01-31.The daily website news service will resume on Monday ...
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RINA and Indian Register join warship forces
Italian classification society RINA and the Indian Register of Shipping (IRS) have joined forces to deliver expertise to navies for warship construction and maintenance. The two class societies will jointly promote, develop and provide technical and advisory services for naval ships. Warships classed as a result of joint activities will ...
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First Chinese ship for Taiwan
The first ocean going ship built in mainland China for a Taiwan company will sail on its maiden voyage from Shanghai to South Africa on 10 June. The 289 metre 175,000DWT Cape size bulk carrier named ?China Peace? was built at Shanghai Waigaoqiao Shipbuilding (SWS) for Taipei-based China Peace Shipping ...
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EC scrutinizes Polish shipyards
The European Commission has decided to open formal inquiries into public support for three Polish shipyards in Gdynia, Gdansk and Szczecin. The restructuring aid granted to these yards will be scrutinized in the light of EC Treaty rules on state aid, and in particular the rules on state aid to ...
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EC approves restructuring of Spanish shipyards
The European Commission has conditionally approved, under the terms of the EC Treaty's rules allowing member states to take measures to protect essential security interests linked to defence industries (Article 296 of the EC Treaty), a reorganisation of the Spanish public military shipyards. EU regulators police state aid to make ...
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Williamstown waits for second round
Two further bidding rounds could put Tenix, the Williamstown dockyard operators, back in the business of building Australia's air warfare destroyers. Tenix confirmed that it would bid for contracts to build 70% of the modules from which the hulls of the three destroyers will be constructed.It also confirmed that it ...
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DD(X) scale model testing successful
The DD(X) national team, led by Northrop Grumman and in partnership with Raytheon, General Dynamics, United Defense and Lockheed Martin, has successfully completed the underwater explosion (UNDEX) testing on the DD(X) quarter scale model. This test provided a critical step in demonstrating that the revolutionary multi-mission destroyer DD(X) wave piercing ...
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ASC wins destroyer battle
The Australian Federal Government has chosen ASC Shipbuilding as the preferred shipbuilder for the Australian Navy's air warfare destroyers (AWDs) worth up to A$6 billion ($4.5 billion). The government made the decision after accepting the unanimous recommendation of the ?source selection board? on the basis that ASC Shipbuilders offered a ...
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Keppel acquires Nantong facility
Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), the offshore and marine arm of Keppel Corporation Limited, has entered into an agreement to acquire an existing shipyard in Nantong, China, for specialised shipbuilding. Total consideration for the assets is $5.4 ...
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Aker gets Color Magic
Aker Yards and Color Line have signed a contract to build a sister vessel to ?Color Fantasy?, the worlds largest cruise ship with car deck, that was delivered in December 2004. The agreement includes an option to purchase a third vessel. The newbuilding will be named ?Color Magic? and will ...
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STX clinches Parakou PCs
STX Shipbuilding has clinched three 51,000DWT product carriers from Parakou Shipping in Hong Kong for a total contract price of $132 million. They will be delivered by June 2007.
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Warship spoils to be divided
Melbourne-based shipbuilder Tenix is favoured to win the lion's share of work to build three new navy destroyers for the Royal Australian Navy worth $6 billion. The deal, likely to be announced today, will probably also award some work to the Adelaide-based, government-owned, Australian Submarine Corporation (ASC) which has been ...
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Samsung and MISC to build LNG repair shipyard
Samsung Heavy Industries is examining a proposal to set up an LNG ship repair yard in conjunction with Malaysia International Shipping Corporation Berhad (MISC), a subsidiary of Petronas. The South Korean shipbuilder is also reviewing proposal from China Shipping Group to build and operate a large shipbuilding facility in China. ...
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ABG Shipyard concludes funding
ABG Shipyard in India (ABG) has concluded a $32 million equity funding. The private sector shipyard would use the funding to expand its shipbuilding facilities to meet the anticipated demand for new ships at a cost of $103 million.The balance funding for the expansion project, which is expected to be ...
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Keppel to build two semis for Maersk
Keppel FELS Ltd, the wholly owned subsidiary of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract to build two semi-submersible drilling platforms at S$780 million for AP Moller-Maersk (Maersk). The two development deepwater semis are expected to be delivered in 2008 and 2009 ...
