General News – Page 537
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Fiji Shipyard restructures
The Fiji Ships and Heavy Industries Limited shipyard (FSHIL) will be leased out and the slipway upgraded as part of plans to restructure the organisation. Amid calls for the state-owned entity to be closed down or sold, FSHIL said it would continue to be operational in view of its strategic ...
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Mangalia to sign deal with Hamburg Sud
Romanian shipyard Daewoo Mangalia Heavy Industries (DMHI) will sign on Friday a deal worth more than $500 million with German Hamburg Sud to build six 5,200TEU container ships. DMHI is in talks with another German company, Gebab, to build four container ships in a deal worth up to $260 million. ...
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Vietnamese get Japanese order
A Vietnamese shipbuilding company has won a $17 million contract to build two 8,700 tonne freighters for Tokyo-based Kanematsu Corporation, one of Japan?s leading general trading firms.The Ben Kien Shipyard, based in northern port city of Hai Phong and a subsidiary of state-owned Vinashin, is scheduled to deliver the first ...
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EU pollution requirements could harm trade
The Union of Greek Shipowners warned that EU pressure on shipowners to shoulder progressively stricter anti-pollution safeguards will end up undermining a vital industry and encourage law-abiding operators to skirt regulations,. In a speech at the recent Intertanko conference in Piraeus, union chairman Nikos Efthymiou also said the EU's toughening ...
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Halliburton bags Agbami contract
The US-based KBR oil services firm, a subsidiary of Halliburton, has won the engineering, design and procurement contract for the Agbami FPSO?s topsides. KBR said in a statement that it was handed the job by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering which was awarded the $1.1 billion engineering, ...
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Far East shipbuilders win more boxships
Following their recent order for five 8,200TEU container ships, Yang Ming, the Taiwanese carrier, has now placed a contract with China Shipbuilding Corporation, for five 4,250TEU vessels with the same shipbuilder. The lead ship will be delivered during the third quarter 2008 and will be deployed on the Asia/North America ...
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First newbuilding for "K" Line Europe
"K" Line (Europe) Limited has taken delivery of its first newbuilding, the 185,500dwt bulk carrier Cape Riviera. Built at Kawasaki Shipbuilding in Japan, the bulker is the first of three sisters due to join the "K" Line Europe fleet. The shipping company has also announced a major fleet expansion for ...
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Wärtsilä DF engines get gas boost
Wärtsilä has received a major order to supply twenty-four Wärtsilä 50DF dual-fuel engines to Samsung Heavy Industries of Korea. These engines will power a series of six 155,000 m3 dual-fuel-electric LNG carriers. Four of these ships were ordered by A.P. M?ller of Denmark, while Kawasaki Kisen Kaisha ("K" Line) of ...
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EC says no to Italian scheme
After an in-depth investigation, the European Commission has prohibited the implementation of an Italian aid scheme designed to cover the risk of loans for the construction and conversion of ships in Italian yards, because it is incompatible with EC Treaty state aid rules that prohibit aid liable to distort competition ...
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EU will not appeal
The European Union has decided against appealing a World Trade Organisation ruling on its dispute with South Korea over shipbuilding subsidies paid by Seoul, despite ongoing controversy over the outcome. The EU accepted the ruling made last month, during a meeting of the WTO's Disputes Settlement Body, a source close ...
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A&P and MES strategic partnership
A&P Group and Marine Exhaust Solutions (MES), a subsidiary of Diversified Metal Engineering, of Canada, have announced a strategic partnership that will deliver groundbreaking abatement technology to the marine industry in time for Marpol Annex VI.By replacing the silencer in a ships engine exhaust stack, the MES EcoSilencer technology reduces ...
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Russia?s big two to co-operate
Russia?s two largest shipbuilders are joining forces after years of rivalry in an effort to rationalize shipyard facilities in a shrinking market. St. Petersburg-based Baltiisky Zavod, builders of warships for more than a century, will withdraw from defence contracts and concentrate on building commercial ships while rival Severnaya Verf will ...
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Gulf Marine relocates shipyard
The former Tampa Electric Hooker's Point power plant site is the new site for Gulf Marine?s shipyard facility. Gulf Marine plans to relocate most of its shipyard operations at the Port of Tampa to the 32-acre site over the next 12 to 18 months. The company is currently involved in ...
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Work starts on India?s aircraft carrier
India began an eight-year project to build an aircraft carrier in its most ambitious military programme to date. Defence Minister Pranab Mukherjee launched the construction of the 37,500 tonne carrier at the Cochin Shipyard in Kerala, a naval spokesman said. The carrier will carry 30 British- and Russian-made jet fighters ...
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Vietnam wins more orders
The Swiss-German company Proftech International has placed an order for two 37,600DWT handy-size bulkers with Vinashin, Vietnam?s state-owned shipbuilder. The newbuildings will be built at Vinashin?s Bach Dang shipyard and are scheduled for delivery in July 2007 and May 2008. The identity of the shipowner is not known but industry ...
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Kochi aims to be world-class
The Indian shipping ministry has proposed the setting up of two shipbuilding hubs, including a $480 million world-class facility in Kochi in conjunction with the special economic zone proposed on land owned by Cochin Port Trust. The government has asked the Hindustan Shipyard in Visakapattinam and the Cochin Shipyard to ...
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Two more for Aker yards
Aker Promar, part of Aker Brattvaag AS, will be building an Anchor Handling Tug Supply (AHTS) vessel for DOF ASA at a cost of $48 million. The vessel will be 80 metres long, and 18 metres wide and delivery is scheduled for September 2006. Designed by Rolls-Royce, the newbuilding will ...
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GE receives GL certification
GE Transportation?s marine business announced it has received certification from Germanischer Lloyd (GL) for its 8, 12 and 16 cylinder, medium-speed diesel engines. "By obtaining the prestigious Germanischer Lloyd certification, we continue to reinforce GE?s commitment to offering customers low life cycle cost diesel engines that can operate on inland ...
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Philadelphia reorganized
Plans are being finalized to sell Kvaerner Philadelphia Shipyard to a new group provisionally named American Shipping Corp. This announcement was made by a spokesman for Kvaerner ASA, the shipyard's Norwegian parent company, who said "The new group will build and own product tankers, but the ships will be leased ...
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Restructuring for higher profitability
The UK based manufacturer MAN B&W Diesel Ltd, in Stockport, has decided to take measures in order to improve its competitiveness. Taking into consideration the challenges of the market as well as the improvement of long-term profitability, the manufacturer of high-speed diesel engines will consolidate its engine programme and optimise ...
