General News – Page 542
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Hanjin HI aims high
Hanjin Heavy Industries aims to secure newbuilding contracts worth $2.7 billion and a turnover of $2.2 billion this year. The Busan-based shipbuilder targets operating profit of $70 million. The Korean shipbuilder said that its turnover increased to $1.9 billion last year compared with $1.5 billion in 2003. Its pretax profit ...
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China to build FPSO
China National Offshore Oil Corporation (CNOOC) and ConocoPillips China signed a contract with Shanghai Waigaoqiao Shipbuilding for the construction of a 300,000DWT FPSO for service in China's Bohai Bay. Fu Chengyu, chairman and CEO of CNOOC, said that the vessel will be the largest built in China, will cost $200 ...
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Second generation SSAS from Pole Star
Pole Star Space Applications Limited, industry leader in maritime fleet tracking solutions, has launched its 2nd generation entry-level DSAS-L ship security alert system (SSAS). The solution is fully compliant with SOLAS XI-2/6, and with minimum-required functionality it is provided at a significantly lower cost than current competition. The DSAS-L is ...
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Simrad launches paperless ECDIS
Simrad is launching a new Electronic Chart Display and Information System (ECDIS), the CS68 ECDIS, based on the marine dedicated MC50 computer. For the launch of its new CS68 ECDIS, Simrad is introducing a new phrase to the world of electronic navigation, PLECDIS or Paper Less ECDIS. The fully approved ...
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Jurong awarded semi-sub hull contract
Jurong Shipyard, a subsidiary of SembCorp Marine has been awarded a $50 million contract from Houston-based Atlantia Offshore for the construction of a deep draught semi-submersible hull design for the Independence Hub gas-processing platform. Destined for operation in the deep waters of the Gulf of Mexico, the semi-submersible hull, measuring ...
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Sembawang gets pipelayer
The Contract requires the complete engineering, construction, outfitting and commissioning of a 8,000 tonne new-built hull into a self propelled, DP 2 heavy lift and pipelay vessel with accommodation for 330 persons, equipped with a Huisman 3,000 tonne heavy lift crane and S-Lay Pipelay system. The execution of this Contract ...
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Speculation about single-sourcing DD(X)
There is speculation that the US Navy is moving to have its next-generation DD(X) destroyer built at a single shipyard. Industry sources claim that the Navy wants to see Bath Iron Works and Ingalls Northrop compete head-to-head with the winner-takes-all approach for the design and construction of the DD(X). This ...
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Aker Ostsee gets more feeders
Aker Ostsee shipyards in Wismar and Rostock-Warnemünde, a subsidiary of Aker Yards, has been awarded a contract to build two plus two container vessels for Thien & Heyenga in Hamburg, Germany. The vessels are of the newly developed type Aker CS 1700 and the total contract value is approximately $160 ...
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Two more for Matson
The US shipping company Matson Navigation has agreed to buy two more two 2,600 TEU container ships from Kvaerner Philadelphia Shipyard for a total of $290 million. Matson bought the first two ships built at the new Philly yard, the Maunawili and Manukai which were delivered last year. Dave Meehan, ...
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VT to build OPV
The UK?s Ministry of Defence has awarded a £30 million contract to the Portsmouth-based VT Group for the construction of a new Offshore Patrol Vessel (OPV). This OPV will patrol waters round the Falkland Islands and is being acquired under an innovative charter and logistic support contract. Scheduled to enter ...
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K Line in order orgy
Kawasaki Kisen Kaisha ("K" Line) has awarded a contract to Samsung Heavy Industries for two 153,200m3 LNG Carriers scheduled for delivery in 3rd and 4th quarter of 2008. These new vessels will be fitted with the GTT Mk.III membrane cargo containment system and will be powered by dual-fuel diesel electric ...
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Aker to build for Farstad
Aker Yards is to build a multifunctional, anchor handling tug supply service vessel, of the type UT-712 L for Farstad Supply AS in Ålesund, Norway. The value of the contract is approximately NOK 250 million and the newbuilding is scheduled for completion in June 2006. The contract includes two options ...
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BMT opens new Aussie defence services subsidiary
UK-based BMT Defence Services Ltd, a subsidiary of British Maritime Technology Ltd (BMT), is establishing a new subsidiary based in Melbourne, Australia. The new company is named BMT Defence Services (Australia) Pty Ltd and is now operational. Last year the Australian Government announced a significant increase in spending in ...
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RR has new prop center in Mississippi
Rolls-Royce opened the doors today to a new machining center at its Propeller Center of Excellence in Pascagoula, Mississippi. The new facility, adjacent to the foundry, will improve manufacturing capabilities and production efficiency across a wide range of marine propellers and propulsors. Rolls-Royce has invested over $8 million in the ...
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Venezuela denies arms race
Venezuela?s Foreign Minister has denied rumours that the current negotiations to purchase four oil tankers from Spanish shipbuilder Izar are part of an arms race. He explained that all negotiations conducted with Spain and Argentina are directed solely to improve and renew older equipment. At the same time, Venezuela is ...
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BP opens new Channel bunker facility
Located at Portland Harbour on the English south coast, what has been declared as the most advanced bunkering facility in the UK commences service on the 10 March, offering shipping an important new ?weather-sheltered? fuelling option within easy reach of main shipping lanes in the English Channel. Portland Bunkers International ...
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Iridium riding high
Iridium Satellite LLC, the global supplier of mobile satellite communication services, said that it had more than 114,000 subscribers as of 31 December 2004, a 22.5% increase from 2003.The company's revenue for the full-year 2004 increased by 23.2% over total revenue for the previous year. These results reflect the success ...
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It's warship time in Mazagon
Mazagon Dockyard Limited (MDL), the Indian Navy?s premier shipbuilding facility, is all set to create Indian shipbuilding history. The warship-building facility is aiming to launch two naval warships this year. While unwilling to discuss the costs involved or when the ships would finally enter into service, Rear Admiral Ravi Bhatia, ...
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HMD scoops boxship contracts
Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has been awarded contracts worth a total $630 million to build 11 container ships. HMD will build five vessels for Germany's NY, one for Japan's Orix, three for P&O Nedlloyd and two for another Japanese shipowner.
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Hanjin clinches 5,100TEU quartet
Hanjin Heavy Industries won an order for four 5,100TEU container ships from a German ship owner for delivery by June 2008. Total contract price is $320 million.
