General News – Page 531

  • News

    MOL orders LNG carrier

    2005-05-31T00:00:00Z

    MOL in Japan, together with Tokyo Gas Co, has ordered a 145,000 m3 Moss type LNG carrier from Kawasaki Shipbuilding for delivery in March 2008. Including those under construction, MOL operates a total of 63 LNG carriers. With the latest agreement, MOL will manage and operate four carriers serving the ...

  • News

    Shandong aims to expand shipbuilding yards

    2005-05-26T00:00:00Z

    Shipbuilding enterprises in east China's Shandong province are presently holding orders for 120 new ships with a contract value totalling $566 million. About $430 million of the shipbuilding orders are for export which represents a 4-fold increase year-on-year. The province has seized the opportunity to expand ship production as ...

  • News

    Bharati bags Norwegian contracts

    2005-05-26T00:00:00Z

    Bharati Shipyard in Mumbai, India, has bagged contracts from Sea Cargo Skips AS and Nor Lines AS, both from Norway, to supply two multi-purpose container vessels each, with an option for eight more. The orders calls for four 5,000DWT RORO/Pallet /Container vessels, at a total value of $57.50 million. Sea-Cargo ...

  • News

    GBS take shape at IMO's MSC

    2005-05-25T00:00:00Z

    Basic principles and goals for goal-based standards (GBS) for new ship construction were agreed in principle by IMO's Maritime Safety Committee (MSC) when it met at the Organization's London Headquarters for its 80th session from 11 to 20 May 2005.Other important issues on the MSC agenda included the adoption of ...

  • News

    Dubai Drydocks starts newbuildings

    2005-05-25T00:00:00Z

    With the push of a button a $40 million vessel building programme was launched at the Dubai Drydocks recently. As the plate-cutting machine started up, the first steel plate was cut for the first unit in a four-ship series of 6,200DWT double hulled bunker tankers. These are being built for ...

  • News

    Aker plans to buy Philly

    2005-05-25T00:00:00Z

    Aker ASA and Kvaerner ASA have started to collaborate on setting up Aker American Shipping ASA, a company that will own Kvaerner's shipyard in Philadelphia and 10 - yet to be built - product tankers. Aker added that following the company's creation it will consider buying Kvaerner out of the ...

  • News

    Dongkuk joins Brazil Plant Project-2

    2005-05-25T00:00:00Z

    Dongkuk Steel Mill Company will sign a memorandum of understanding with Brazilian partners including iron ore mining giant Companhia Vale do Rio Doce (CVRD), to participate in a $750 million steel plant project in Brazil. Dongkuk, South Korea's second-largest steel plate producer after Posco, will have about 10% stake in ...

  • News

    Asry plans expansion

    2005-05-25T00:00:00Z

    Arab Shipbuilding and Repair Yard (Asry) is to embark on a $15 million expansion, adding three more dry berths to its facilities in Hidd., Bahrain. The new berths, each 140 metres long, would greatly enhance Asry capability in repairing ships of all kinds.The expansion, which now has the approval of ...

  • News

    Hamburg Sud orders four container ships

    2005-05-25T00:00:00Z

    Daewoo Shipbuilding has clinched four 4,000TEU class container ships from Hamburg Sud at a total contract price of $384 million. In April this year, the German shipowner placed an order for six 5,200TEU container ships with the same yard. The four newbuildings will be delivered by December 2008.

  • News

    Incat lays keel of first 112-metre cat

    2005-05-25T00:00:00Z

    Tasmanian fast ferry specialist Incat has laid the keel of the first 112 metre Wave Piercing Catamaran at its new undercover construction facilities. Prefabrication work on the 112 metre catamaran has been in progress for some months and the laying of the first section of hull in the new building ...

  • News

    Wärtsilä Auxpac sets for Chinese heavy lifter

    2005-05-25T00:00:00Z

    Wärtsilä delivered the first two Wärtsilä Auxpac generating sets in April 2005. Introduced in September 2004, Wärtsilä Auxpac is a standard, pre-commissioned generating set designed to provide auxiliary electricity onboard marine vessels. The new concept, with its key advantages of fast and easy installation, proven reliability, and easy maintenance, has ...

  • News

    MDL to launch new frigate

    2005-05-24T00:00:00Z

    The third frigate of Shivalik Class incorporating stealth features, built by Mazagon Dock Limited (MDL) will be launched here on May 27. The two previous frigates of Shivalik Class, also built by MDL, are in an advanced stage of outfitting and would be entering into service from 2007.The frigates are ...

  • News

    Daewoo moves into China

    2005-05-24T00:00:00Z

    Daewoo Shipbuilding will build a hull block factory in Yantai, China, which will be operational from 2007. It will have a capacity to produce 50,000 tonnes in 2007 and 300,000 tonnes from 2016. Total investment is estimated at $100 million. Currently, Samsung is operating a block factory in Ningbo, China.

  • News

    Ostsee signs up CS1700 quartet

    2005-05-24T00:00:00Z

    Aker Yards has been awarded contracts to build four container vessels for König & Cie. GmbH und Co. KG in Hamburg. The vessels are of the newly developed type Aker CS 1700 with a capacity of 1,706TEU, a deadweight of 24,200 tonnes and a service speed of 20 knots. The ...

  • News

    LR publishes guidance on membrane tanks

    2005-05-24T00:00:00Z

    Lloyd?s Register (LR) has published a set of comprehensive guidelines to help owners, operators and builders of membrane-type LNG tankers to assess the ability of a containment system to withstand sloshing loads. The guidelines are entitled Comparative sloshing analysis of LNG ship containment systems and provide a means of fulfilling ...

  • News

    Navibulgar goes local for newbuildings

    2005-05-23T00:00:00Z

    Bulgarian shipping company Navigation Maritime Bulgare (NMB) and the new shipbuilding consortium Bulyard signed a contract to build three ships at a total cost of EUR 58 million. The three newbuildings are scheduled for delivery in 2007. Navibulgar?s fleet has grown to more than 83 owned ships totaling over 1.8 ...

  • News

    Shanghaiguan to build 1M DWT facility

    2005-05-23T00:00:00Z

    A Chinese Joint Venture company consisting of Shanghaiguan Shipyard in Hebei, Hebei Cosco, Hebei Construction and an unknown steel holding company, has set up Shanhaiguan Shipbuilding Heavy Industries with a capital investment of CNY 2.6 billion ($314 million). The new company will build a 1 million DWT shipbuilding facility by ...

  • News

    Daewoo clinches VLCC trio

    2005-05-23T00:00:00Z

    Daewoo Shipbuilding clinched three 318,000DWT VLCCs from National Iranian Tanker Co at the price of $128 million each with delivery scheduled by October 2009. This is the highest VLCC price achieved for several years. At the end of 2002, the newbuilding price for a VLCC was $63.5 million and $110 ...

  • News

    Chinese shipbuilders get more orders

    2005-05-23T00:00:00Z

    Hudong Zhonghua Shipbuilding has won an order for two 75,000DWT bulk carrier from a Greek ship owner for delivery in September and December 2008. Guangzhou Wenchong Shipyard secured two 1,400TEU container ships from Leonhard & Blumberg Reederei.

  • News

    Jiangnan starts construction of new yard

    2005-05-23T00:00:00Z

    Shanghai-based Jiangnan Shipyard will start construction of a new shipyard on the city's Changxing Island early next month, when the company will be celebrating its 140th anniversary. When completed, the new Jiangnan Shipyard will stretch 4.5 kilometers on the island's southwest waterfront. The four docks of the first phase, for ...