General News – Page 534

  • News

    Danish fast ferry goes to Damen

    2005-05-11T00:00:00Z

    Damen Shipyards Gorinchem has been awarded a contract to construct a 41 metre aluminium monohull fast ferry for the Danish operator, Christians?farten A/S, based on the island of Bornholm.The new ferry will service routes between the Danish islands of Bornholm and Christians?, as well as to Simrishamn in Sweden. The ...

  • News

    ChevronTexaco orders LNG duo

    2005-05-11T00:00:00Z

    US oil major ChevronTexaco Corp. has ordered two LNG carriers from South Korea's Samsung Heavy Industries to support the planned growth in the company's LNG business. Each newbuilding will have a 154,800 cubic metre membrane containment system and will be powered by a dual fuel diesel-electric propulsion plant. The two ...

  • News

    Daewoo develops automatic blasting machine

    2005-05-04T00:00:00Z

    Engineers at Daewoo Shipbuilding and Marine Engineering (DSME) have developed what the company calls a ?vacuum blasting robot for hull? which has the ability to blast the outer surface of a ship?s hull. The new system is the result of a joint research & study by DSME?s Robot & A.I ...

  • News

    FPUs next DSME target

    2005-05-04T00:00:00Z

    As a result of increased activity in deep-sea oil fields, orders for new floating production units (FPU) are increasing. DSME estimates that 166 FPUs are likely to be ordered by 2010. The shipbuilder said that deep-sea oil exploration is particularly active in West Africa, Gulf of Mexico and South America ...

  • News

    Korean maritime players to enhance cooperation

    2005-05-04T00:00:00Z

    Korean shipbuilders and marine equipment manufacturers have signed a cooperation agreement for mutual development. As a result of this agreement, Korean shipbuilders aim to increase the content of Korean made equipment from the present 80% to over 90% by actively supporting equipment makers in the field of technology, information and ...

  • News

    China aims for 18%

    2005-05-04T00:00:00Z

    China's shipbuilding industry is expected to exceed ten million tonnes this year, which will account for 18% of the world?s newbuilding market compared with 15% last year. General Manager of the China State Shipbuilding Cooperation, Chen Xiaojin, said that the country?s shipbuilding industry is facing new opportunities as the center ...

  • News

    Olympic order for Aker

    2005-05-04T00:00:00Z

    Aker Yards has been awarded a contract worth approximately NOK 270 million by Olympic Shipping AS to build an AHTS vessel of the UT 712 L type.Delivery from Aker Brattvaag?s' S?viknes Verft is scheduled for July 2006. The vessel will be 78 metres long, with a beam of 17.2 metres, ...

  • News

    Samsung high on gas carriers

    2005-05-03T00:00:00Z

    Samsung has recently increased its LNG order book with orders from ChevronTexaco and a Japanese shipping company. The US oil major has placed a contract for two plus two dual fuel 155,000 cbm gas carriers while the Japanese company ordered a similar vessel. Deliveries of these 285 metre long ships ...

  • News

    Silja inks ropax duo

    2005-05-03T00:00:00Z

    The Finnish ferry company Silja Line, part of Sea Containers Limited, has signed a letter of intent with Aker Finnyards for two ropax vessels. The value of the two ships is Eur205 million ($264 million) and delivery is planned for second and third quarter 2007.

  • News

    NCL orders another Papenburg sister

    2005-05-03T00:00:00Z

    Meyer Werft in Papenburg, Germany, is to build another cruise ship for the US cruise operator Norwegian Cruise Line (NCL) for delivery in early October 2007. The newbuilding is a sister ship to ?Norwegian Jewel? which is currently under construction and will be completed in August 2005. This 93,000gt vessel ...

  • News

    Japanese anti-piracy initiative

    2005-04-29T00:00:00Z

    Details of Japan's drastic new proposals for maritime security measures in areas at risk from piracy and terrorism will be announced at the forthcoming IMO seminar on "Maritime Security Measures for Non-SOLAS Vessels" to be held on 10 May, 2005. The Maritime and Port Authority of Singapore and the United ...

  • News

    SembCorp announces 1Q results

    2005-04-28T00:00:00Z

    The Singapore-based shipyard, SembCorp Marine, has posted a 13% rise in first-quarter net profit to $14.5 million. The increase was helped by record oil prices which fuelled demand for the company?s services. Turnover was up 83% to $272 million, boosted mainly by new building and conversion work. SembCorp says it's ...

  • News

    Tyneside yard faces closure

    2005-04-28T00:00:00Z

    More than half the workforce at a troubled British shipyard has been made redundant. About 160 of the 240 workers employed at McNulty Offshore in South Shields, South Tyneside, will lose their jobs, while the future of 82 sub-contractors remains uncertain.The firm, which is one of the largest employers in ...

  • News

    Hanjin HI wins boxship quintet

    2005-04-28T00:00:00Z

    Hanjin Heavy Industries in Korea has won an order for five 4,000TEU container ships from an unidentified European shipowner at a total cost of $365 million. All units will be delivered by the first quarter of 2009.

  • News

    Prompt Hyundai earns bonus

    2005-04-28T00:00:00Z

    Hyundai Heavy Industries (HHI) earned a $10 million bonus for sticking to "three strict conditions" laid down the US oil giant Exxon Mobil that had ordered an FPSO from the Korean shipbuilder. The $800 million FPSO had been ordered in December 2002 and Exxon Mobil laid down three conditions, i.e. ...

  • News

    Jotun develops smart primer

    2005-04-27T00:00:00Z

    Jotun, the Norwegian paint manufacturer, has developed an epoxy primer designed for real life use on small maintenance areas. This unique primer, called Jotamastic Smart Pack, is designed specifically for use with brushes and rollers.Most epoxy primers can be used with brush and rollers, but with varying results, and expected ...

  • News

    IMC signs deal with Zhejiang company

    2005-04-27T00:00:00Z

    The Singapore-based IMC Group has signed a joint venture deal with Zhejiang Yongyue Shipping from China during a recent meeting of the Singapore-Zhejiang Economic and Trade Council in Singapore. The 50/50 joint venture company will acquire a ship building and repair base in Zhoushan at a total cost of $160 ...

  • News

    Norwegian yard plans Bulgarian venture

    2005-04-27T00:00:00Z

    The Norwegian shipbuilder and ship repairer Bergen Yards is planning to move some of its production of special-purpose vessels to Bulyard Shipbuilding Industry (BSI), according to Bergen Yards? marketing director Magnus Stangeland. The partnership option was incorporated in a letter of intent signed by the two companies in late 2004. ...

  • News

    Sovcomflot fleet expansion

    2005-04-27T00:00:00Z

    Sovcomflot, Russia's largest shipping company, is continuing its fleet re-equipment and modernization programme on the back of the high demand in the energy sector and the capabilities of the Russian shipbuilding industry. Earlier this month, the company signed a memorandum of intentions with the Severnaya Shipyard for the construction of ...

  • News

    Daewoo inks Exmar VLGCs

    2005-04-27T00:00:00Z

    Daewoo Shipbuilding in South Korea has secured a contract for two 84,000 cbm LPG carriers from the Belgian shipowner Exmar for delivery during fourth quarter 2007 and first quarter 2008. No price has been revealed but industry sources suggest $92 million each. DSME announced that its turnover for the first ...