General News – Page 548
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Schottel success continues
The German propulsion manufacturer, Schottel, with headquarters in Spay/Rhine, remains on course for success by rounding off 2004 with another sales record. The corporate goal of 100 million euro in group sales for the new building and service sectors was achieved (2003: 90 million euro). Exports accounted again for about ...
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Korean shipbuilders fight steel price hike
The Korean Shipbuilders? Association (KSA) is strongly resisting a hike in steel prices by Japanese steel makers who are attempting to increase the price of steel plates by $100 per tonne from the second quarter this year. Official negotiation will start next week. KSA says that the price per tonne ...
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Damen to build LSV for Dutch navy
A contract was signed between the Royal Netherlands Navy (RNN) and Damen Shipyards Gorinchem for the design and construction of a Logistic Support Vessel (LSV).Following a tender procedure the initial award took place at the end of 2004 after which the contract was signed early January. The 65 metre long ...
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"K" Line gets two new bulkers
Construction of two new cape-size bulkers ordered by Kawasaki Kisen Kaisha, Ltd. ("K" Line) group was completed in the beginning of January. A 200,000dwt Cape-size bulker named Cape Rosa was delivered from Universal Shipbuilding Corporation's Tsu Shipyard and set sail for Australia. This is the first vessel in a series ...
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India?s shipyards booming
While the big public sector shipyards in India are struggling with low order books, their smaller counterparts in the private sector that are engaged in building smaller vessels are being bolstered by a surge in demand. These private shipyards are getting an increasing flow of orders from foreign companies for ...
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Iran plans to build LNG carriers
Iran is planning to undertake the construction of LNG carriers. An official in Sadra Company said, "French technology is employed in the manufacture of the vessels and grounds are paved for manufacturing 300,000 dwt oil tankers as well as 150,000 cubic metre LNG carriers." There would be a requirement for ...
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Kvaerner Philadelphia starting work on oil tanker
The Kvaerner Philadelphia Shipyard is beginning work on a fifth ship, an oil tanker, and eventually could build as many as 10 tankers. The vessels would help replace an aging fleet of 42 such tankers that companies currently use to haul oil and chemicals between U.S. ports.Some of the current ...
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Volvo technology revolutionizes boat life
Volvo Penta has launched its new propulsion system for boats, the Volvo Penta IPS (Inboard Performance System). The new system is claimed to dramatically improve speed while also being quieter, cleaner and extremely maneuverable.The new system, which resembles azimuthing propulsors, features propellers that are turned in the direction in which ...
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Crisis over for Norwegian shipbuilders
The crisis in the Norwegian shipbuilding industry is apparently over although some of the smaller yards still face grave problems. In 2004 Norwegian yards received orders worth altogether $1.9 billion. This follows a relatively lean four years where newbuilding orders were scarce and many yards faced hardship. The main reasons ...
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Iran needs LNG tankers for Indian contract
In order to export its LNG to India, Iran will require more than eight tankers, an official in National Iranian Oil Tanker Co. (NIOTC) said. "Although, detailed studies have not been carried out yet in this regard, India has expressed its readiness to participate in the manufacture of the ships", ...
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CSSC targets 4m DWT new orders
China State Shipbuilding Corporation (CSSC) aims to win newbuilding orders for 4 million DWT and deliver 4.36 million DWT this year. In 2004, CSSC delivered 3.57 million DWT, up 64.5% on 2003, of which 73.8% were for export. Last year CSSC won new orders totalling 4.6 million DWT valued at ...
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Boxship quartet for Daesun
Daesun Shipbuilding in South Korea has secured a contract for four 1,043TEU container ships from an undisclosed ship owner. Total contract price is $ 76.8 million and delivery is scheduled between 2007 and April 2008. Hyundai Mipo Dockyard won an order from Japanese shipping company Orix for a 2,824TEU container ...
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Mipo provides support to KPSI
Hyundai Mipo Dockyard and Kvaerner Philadelphia Shipyard Inc in the US have signed a shipbuilding technology support agreement under which MIPO will provide ship design of 12 product carriers, shipbuilding technology and supply of marine equipment to KPSI at the price of $26.92 million. The contract will be valid from ...
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Mega fleet expansion for Japanese shipping
Japanese shipping companies plan to invest over $34 billion to increase their fleets by 630 vessels in the next five years. The vessels to be acquired in the fleet expansion programmes that will end by 2010 will be mostly LNG tankers.Sources close to the Japanese shipping industry disclosed that the ...
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Post-Panamax trio ordered by Hapag-Lloyd
Hapag-Lloyd has ordered three 100,000 DWT post-Panamax containerships from South Korean shipbuilder Hyundai Heavy Industries. The 8,600TEU vessels will have a length of 335m, a width of 43m and the lead-ship will be delivered at the end of 2007 with the remaining two in 2008. Newbuildings must be ordered well ...
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TTS establishes new JV in China
TTS Marine ASA has entered into agreement with Dalian New Shipbuilding Heavy Industry (DNS) to establish a joint venture company for supplying cranes to new ships being built in Chinese shipyards. This agreement is a milestone in TTS efforts to enter the expanding shipbuilding market in China. The agreement to ...
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Aker Tulcea triples turnover
Tulcea Shipyard, owned by Norwegian group Aker, forecasts triple turnover for this year, up to 120 million euros. The company's management is hiring more employees in order to be able to fulfill the unprecedented number of orders. The yard recently received a newbuilding contract worth more than 150 million euros ...
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STX develops on-land construction - ndh
STX Shipbuilding has developed a ?Skid Launching System? involving building ships in two sections on land. After each section has been constructed, the two are joined in a floating dock. STX recently moved half of a 47,000DWT product carrier ?High Courage? onto a floating ?skid barge? and will move the ...
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NYK orders VLCC trio
Nippon Yusen Kaisha (NYK) in Japan ordered three 300,000DWT VLCCs from IHI Marine United for delivery from 2008 to 2009. NYK now has 13 VLCCs on order and is in accordance with the company?s policy of creating a double-hulled tanker fleet. With the delivery of all newbuildings, NYK will have ...
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Keppel owns Brazilian operations
Keppel Offshore & Marine Ltd (Keppel O&M), the wholly owned subsidiary of Keppel Corporation Limited, has acquired from the PEM Setal Group the latter?s entire 17.25% interest in FELS Setal S.A. The cash consideration for the purchase is $5 million. With the acquisition, FELS Setal will become a wholly owned ...
