General News – Page 535

  • News

    Wartsila goes to India

    2005-04-26T00:00:00Z

    Wartsila Group has identified India as a major base for sourcing components and parts for its global needs. "The group is looking at sourcing parts from India, in addition to sourcing trained manpower for our global requirements," Head of Service, Wartsila India, Rakesh Sarin told a group of reporters. Wartsila ...

  • News

    Asry prospects 'healthy'

    2005-04-26T00:00:00Z

    Over 2.26 million dwt of vessels were repaired by the Arab Shipbuilding and Repair Yard (Asry) during the first three months of the year with all indications that the trend will continue, according to a company statement.Some 43 vessels were docked for repairs and refurbishment, up 20% on the same ...

  • News

    NGV wins export orders

    2005-04-26T00:00:00Z

    The Malaysian shipbuilder NGV Tech Sdn Bhd is finalising contracts worth $31.6 million to build two fast aluminium boats for an Indonesian client and three logistics (steel hull and aluminium superstructure) vessels for a Middle East government.The company, whose expertise is in aluminium vessels, is currently completing three high-speed patrol ...

  • News

    Norwegian yards recruit imported labour

    2005-04-26T00:00:00Z

    Norwegian shipbuilding industry is recovering from last year's slump, but Norwegian workers who were laid off are not being re-hired. Instead, the yards are employing cheaper labour from Poland according to local sources. . Around 100 former shipyard workers are registered as unemployed in the main Sunnmoere ship building district, ...

  • News

    Daewoo may show loss

    2005-04-26T00:00:00Z

    Daewoo Shipbuilding & Marine Engineering (DSME) may report losses for the first quarter after steel costs rose dramatically. DSME is expected to report a net loss of $27 million, according to financial analysts, compared to a profit of $100 million for the same period last year. Daewoo, Hyundai and Samsung ...

  • News

    Korea delivers first new tanker to GEM

    2005-04-26T00:00:00Z

    Dubai-based Gulf Energy Maritime (GEM) has taken delivery of the first of four 65,000DWT ddouble hull Panamax tankers it has on order from Korean shipbuilder, Hyundai Heavy Industries, three months ahead of schedule. Named ?Gulf Pearl?, the vessel will immediately go into service with Glencore as part of a three ...

  • News

    Keppel wins Kazakhstan contract

    2005-04-26T00:00:00Z

    Keppel Kazakhstan, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract estimated at $150 million from Agip Kazakhstan North Caspian Operating Company (Agip KCO). The contract is for the fabrication of pipe racks and build four barges. Upon completion, they will ...

  • News

    Basque yard launches oilrig rescue vessel

    2005-04-26T00:00:00Z

    Balenciaga shipyard in Zumaya, Spain, has launched the ?Grampian Commander?, the first of four vessels destined for the Scottish port of Aberdeen, where they are to be operated by North Star Shipping. The $44 million-plus contract ensures that the shipyard will be fully occupied until the end of 2006.The newbuilding ...

  • News

    WTO rejects South Korea challenge

    2005-04-25T00:00:00Z

    The World Trade Organisation (WTO) largely rejected a South Korean challenge against European Union subsidies to shipbuilders, but also admonished the EU in a long-running dispute between the two sides. The WTO rejected Seoul's claims that state aid for yards in Europe breached three separate accords on global commerce, which ...

  • News

    China needs to build up its tanker fleet

    2005-04-25T00:00:00Z

    Experts in China have called on the government to support the expansion of a domestic tanker fleet to cater for burgeoning oil imports. As China becomes a large net oil importer, experts say building the country's own oil tanker fleet to ensure oil security in the future is an urgent ...

  • News

    HHI wins VLGC trio

    2005-04-25T00:00:00Z

    Hyundai Heavy Industries has secured three 82,000 cubic meters LPG carrier from CMM of Greece worth $280 million. The newbuildings will measure 225m long, 36.6m wide, 22m deep with service speed of 16.75 knots and will be delivered by 2008. They will be the largest of their type built to ...

  • News

    Quartet feeders for Ostsee

    2005-04-25T00:00:00Z

    Aker Ostsee in Germany, a subsidiary of Aker Yards, has been awarded a contract to build four container vessels for Reederei Gebr. Winter GmbH in Hamburg, Germany. The vessels are of the newly developed type Aker CS 1700. The total contract value is approximately EUR 120 million ($155 million). The ...

  • News

    Kawasaki to cooperate with Wuhan and CST

    2005-04-22T00:00:00Z

    China Shipbuilding Trading and Wuhan Marine Machinery Plant signed a contract with Kawasaki Heavy Industries in Japan for a technology licence on steering gear. The three companies will enhance their future joint market development. At present, Wuhan is developing steering gear for 8,500TEU container ships.

  • News

    Tenix may get state backing

    2005-04-22T00:00:00Z

    The NSW State Government has pledged support for a multi-million-dollar upgrade of Williamstown's Tenix shipyard provided the company wins the bid for the $6 billion air warfare destroyers contract.The Melbourne-based shipbuilding company has lodged two separate bids for the project, one for Williamstown and one for a greenfields site in ...

  • News

    A&P bidding for CVF work

    2005-04-21T00:00:00Z

    With the possibility of 5 super blocks to be constructed for the Royal Navy?s CVF future carrier programme, the A&P Dry Docks at Hebburn, Southampton and Birkenhead offer ideal facilities for a portion of this work. In particular, the Hebburn facility with major fabrication capability alongside the dry dock, makes ...

  • News

    Conversion of Normand Clipper

    2005-04-21T00:00:00Z

    Ulstein Verft is currently working on a contract to convert Solstad?s cable-laying vessel Normand Clipper into a pipe-laying and offshore construction vessel. The conversion work is as extensive as the building of a new platform supply vessel and the rebuilding will be finished by the end of May when the ...

  • News

    Aker secures Tallink option

    2005-04-21T00:00:00Z

    Aker Yards has signed an option agreement with the Estonian Tallink Group to build a sister vessel to the new cruise ferry, currently under construction at Aker Finnyards in Rauma. If the parties are able to resolve all outstanding issues, the planned delivery is May 2007.

  • News

    Chinese production for Wärtsilä gensets

    2005-04-21T00:00:00Z

    Wärtsilä and Shanghai Marine Diesel Engine Research Institute, an underlying company of China Shipbuilding Industry Corporation (CSIC), have signed a joint venture contract to start manufacturing Wärtsilä designed marine auxiliary engines in China. The 50/50 owned company will be named Wärtsilä Qiyao Diesel Company Ltd. The parties will invest a ...

  • News

    STX wins four product carriers

    2005-04-20T00:00:00Z

    STX Shipbuilding secured an order for four 51,000DWT product carriers from a Hong Kong ship owner. Total contract price is $177 million and all four newbuildings will be delivered by April 2007.

  • News

    Grand Detroit launched

    2005-04-20T00:00:00Z

    The ?Grande Detroit?, a newbuilding ordered by Grimaldi-Naples, was launched recently by the Croatian shipbuilder Uljanik Yard. This multi-purpose car carrier is the ninth of a 14-ship contract awarded by the Italian shipowner to the Uljanik Yard. This 36,000gt vessel is 176 metres long with a 31,10 metre beam and ...