General News – Page 540
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Bollinger into products tankers
Unconfirmed reports claim that Bollinger Shipyards has a letter of intent to build four 30,000 dwt products tankers for the Houston-based Seacor Marine. If the deal goes ahead, Bollinger would presumably build these at its Amelia, Louisiana facilities which, as the former McDermott Shipbuilding, built a number of oceangoing ships.
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EC approves state aid for French and Spanish shipbuilders
The European Commission (EC) has approved, under the EC Treaty?s rules on state aid, French and Spanish schemes to provide innovation aid to shipbuilding worth respectively ?25 million per annum for six years and ?20 million per annum for two years. As with an earlier scheme for Germany, the Commission ...
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Korean yards plan to raise ship prices
Korean shipbuilders, including the world?s largest yard Hyundai Heavy Industries, may increase ship prices to an all-time high to compensate for rising steel costs. London-based shipbroker Simpson, Spence & Young said that Hyundai?s rivals have raised prices of newly built container ships by about 25% in the past year. Royal ...
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China Shipping orders Suezmax quartet
State-owned China Shipping?s dedicated oil transport arm is close to announcing a $290 million deal for four Suezmax crude tankers from Bohai Shipbuilding Heavy Industry according to a source at shipbroker Simpson Spence and Young. This contract will be the shipbuilder?s first for a 150,000DWT class of vessel and all ...
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Seacor and Seabulk merge
Seabulk International and SEACOR Holdings announced they have signed a definitive merger agreement. The Boards of Directors of both companies have unanimously approved the transaction. After giving effect to the transaction, the combined company will be a leader in world-wide offshore support services, domestic Jones Act tankers, domestic helicopter services ...
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Forensic testing will become the norm
"In time, forensic technology will be adopted as part of the universal specification of bunker fuels," says John Dixon, managing director of leading fuel-testing agency Lintec Testing Services. "As fuel testing technology and methodology develops, owners and charterers benefit from better and more sophisticated techniques to screen out unwantedcontaminants. These ...
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Giant crane boosts Hanjin's productivity
Hanjin Heavy Industries in South Korea has installed a 3,000 tonne lift gantry crane built by IHI in Japan. This new crane is needed to cope with newbuilding demand of 10,000TEU container ships and the enlargement of fabricated blocs which will be increased by 50%. In the case of a ...
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New servicing company for Baltic region
Wärtsilä Corporation and the BLRT Grupp of Estonia have agreed to set up a joint venture to service ships in the Baltic area. The new company will be named Oü Ciserv BLRT Baltica and will be a "one-stop" shop for servicing ships covering all aspects of ship repairs, as well ...
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LR and Napa announce software contract
Napa Ltd and Lloyd?s Register(LR) have signed a landmark contract to extend the use of NAPA, Napa Ltd?s ship modelling software package. LR has adopted the NAPA system for statutory compliance calculations for all classed ships throughout its global network of offices. Napa Ltd is also committed to help develop ...
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Rembrandt chosen for NCL
Norwegian Cruise Line (NCL) has invested in PC Rembrandt, the latest development in ship-handling and manoeuvring simulation. Developed by BMT SeaTech Ltd, a subsidiary of British Maritime Technology (BMT), PC Rembrandt Version 4 has been installed on-board NCL?s Pride of Aloha and is set to be fitted on-board the Pride ...
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New niche LNG FPSO concept gets AIP
ABS continues to be at the forefront of technical standards for gas production at sea and transport technologies with its approval in principle (AIP) of a novel concept from ABB Lummus Global (ABB) for a liquefied natural gas and liquefied petroleum gas, floating production storage and offloading unit (Niche LNG ...
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Keppel on the acquisition trail
Keppel Corp, the Singapore conglomerate, wants to add to its global network of shipyards which currently spans to as far as the Philippines, the Middle East and BrazilThe company had already been looking around and has singled out Qatar and the Middle East. The move towards acquisition is part of ...
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SCI need 18 newbuildings
Shipping Corporation of India (SCI), the country?s largest shipping company, has announced plans to buy 18 new ships at a cost of nearly $1.5 billion, company?s chairman and managing director P K Srivastava said. The new ships would be acquired over the next few years.The newbuilding plans include two VLCCs, ...
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Fiji Ships under scrutiny
The chairman of Fiji Ships and Heavy Industries will look into allegations that the shipyard turned down work last year because its workers were inefficient and unproductive. Deputy chairman Hari Pal Singh said the board was concerned with the allegations raised by Ba Provincial Holdings Company. The company made the ...
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Seatruck to double Irish Sea capacity
Irish Sea freight ferry operator Seatruck Ferries has ordered two new ro-ro freight ferries from Spain's Astilleros de Huelva. When they enter service in 2007 they will be able to move 130,000 freight trailers per annum on Seatruck's Warrenpoint - Heysham route, more than doubling present capacity.Seatruck's general manager Alistair ...
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Fincantieri goes Caribbean
According to market reports in the Italian financial press, Fincantieri has acquired the Grand Bahama Shipyard for about $100million. Finland?s Masa Yards was also in the running, but Fincantieri?s package was considered to be the more impressive. With the acquisition Fincantieri has assured maintenance and refurbishment orders from Carnival, and ...
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Posco hikes steel prices
The South Korean steel manufacturer, Posco, will be increasing the price of its steel plates for shipbuilding by W 60,000 ($60) per ton. However, Posco explains that it will apply discount ratio depending on market situation and the actual price will be W645,000 ($645) per tonne, up from W 620,000. ...
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Korean shipbuilders avoiding low-end orders
Shipbuilders in South Korea are refraining from receiving new low-end orders as they have already secured a three-year backlog of orders. Industry sources claim Samsung did not bid for a recent order from the Middle East for four 6,500 TEU container ships or a number of orders for oil tankers ...
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Daewoo gets EXMAR LPG contract
EXMAR, the Belgium shipping company, has signed a newbuilding contract for two very large LPG carriers at Daewoo Shipbuilding and Marine Engineering in South Korea. The newbuildings will have a capacity of 84,000 m³ and the first vessel will be delivered in the 1st half of 2008.
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Wartsila to power HMM containerships
Four 8,600 TEU container ships ordered by Hyundai Merchant Marine (HMM) from Hyundai Heavy Industries (two ships) and Hyundai Samho Heavy Industries (two ships) are to be powered by 14-cylinder Sulzer RT-flex96C common-rail engines. Each engine will have a maximum continuous power of 80,080 kW.Hyundai Heavy Industries will build these ...
