General News – Page 560
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Moller orders a dozen boxships
A.P. Moller-Maersk placed an order for 10 container ships plus two more options with Hanjin Heavy Industries at a total cost of about $ 970 million.The contratc comprises of six 6,200TEU vessels plus two more options and four 3,400TEU container ships. Delivery is scheduled from early 2007 to January 2008. ...
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Saudi orders VLCC pair from Hyundai
The National Shipping Company of Saudi Arabia (NSCSA) has placed an order with Hyundai Heavy Industries, the worlds? largest shipbuilder, for two VLCC tankers in response to increases in oil production which has boosted supertanker prices. Oslo-based shipbroker Fearnleys AS said that Hyundai won the order because of the early ...
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Daewoo increases panel production
The panel block shop at Daewoo has been modernized with new machinery including automatic welding machines which has increased output by 25%, i.e. from 4.5 to 5.7 blocks daily. The modernization plan was based on reports from its managers who inspected Japanese shipyards last year where it was established that ...
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EU plans could devastate British shipbuilding
Bureaucrats in the EU are preparing to threaten a $16 billion-a-year business in the British defence industry under controversial plans to force national governments to open up their lucrative contracts to foreign competition. The market for defence equipment includes warships and marine equipment which could be opened up to competition ...
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IRISL gets Iranian built boxship
The Islamic Republic of Iran Shipping Lines (IRISL) took delivery of the 2,188 TEU container vessel, Iran Bushehr, from domestic shipbuilder Iran Shipbuilding and Offshore Industries Complex Co. (ISOICO). The $188.5 million newbuilding is the first in a five-ship series to be built by ISOICO and has a length of ...
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BC Ferries confirms order with Germany
BC Ferries confirmed its controversial decision to award a contract to build three new Super C-class ferries to a German shipyard rather than elect to have the ships built in Canada. "These are design-build, fixed-price contracts that provide B.C. Ferries with substantial guarantees related to delivery dates, performance criteria, cost ...
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HHI workers union expelled from KMWF
Korea Metal Worker?s Federation has decided to expel the workers union of Hyundai Heavy Industries. A statement from KMWF said that HHI?s labour union has not supported KMWF?s guideline and the Federation raised the issue of expelling HHI?s labour union at its representative meeting on 15 September 15. The labour ...
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Vinashin on course for success
Eight years after its establishment, the Viet Nam Shipping Industry Corporation (Vinashin) has built up a good reputation in the shipping industry winning a great number of orders for specialised ships and vessels from giants in the field, a Vinashin official has said.Early this year, Vinashin won its biggest contract ...
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MSC confirms new cruise ship order
Italian shipping company MSC Crociere has confirmed that it is going ahead with an order for two 1,275 cabin cruise ships for delivery in June 2006 and spring 2007. Both vessels will be constructed by the French shipbuilder Chantiers de l?Atlantique and the order includes an option for a third ...
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MMM plans ship repair facility in Iraq
Malaysian Merchant Marine (MMM) has entered into negotiations to form a joint venture (JV) with Iraqi Oil Tankers (IOTC) to operate as a bunker trading supplier in Umm Qasr in Basrah and all the oil terminals and ports in the Iraqi territorial waters as well as the Arabian gulf. In ...
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NMRI develops new sail propulsion system
The NMRI (National Maritime Research Institute) in Japan has developed a radical new sail propulsion system for commercial ships. In recent tests based on route calculations for a bulker carriers equipped with the system, carbon-dioxide emission reductions of up to 17.4% have been achieved. This renewed interest in the concept ...
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Korea to remain number one
Korean shipbuilding industries will maintain its dominance until at least 2015 with a world market share of 40% according to Korea Institute For Industrial Economics & Trade (KIET) at the seminar held by Korea Shipbuilders' Association on 15 September. KIET expects that Korean shipbuilders will complete 16.7 million GT in ...
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HHI wins Himsen order
Hyundai Heavy Industries delivered a crank-shaft for a Wartsila 12RT-flex96C engine to Diesel United in Japan. The crankshaft will be installed in an 8,100TEU container ship to be built by IHI Marine United. HHI won a new order for 16 Himsen engines from Shanghai Shipyard in China to be installed ...
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Top three shipyards in LNG bonanza
The world?s three leading shipbuilders are reportedly about to secure multimillion-dollar orders to build 16 of the world's largest LNG carriers for Qatar. Daewoo Shipbuilding & Marine Engineering and a consortium formed by Hyundai Heavy Industries and Samsung Heavy Industries will each construct eight of the 200,000 cubic metre gas ...
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IRI calls flag states to take lead in information sharing
"It is incumbent on responsible flag states to lead the way in sharing information about ship inspections, vessel standards, conditions onboard, casualties and the implementation of their own safety regimes," said Clay Maitland, Managing Partner of International Registries, Inc (IRI), the Corporate and Maritime Administrator of the Marshall Islands flag, ...
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Shipping needs a more positive image
Bill Thomson, chief executive of Scottish tanker owner Forth Tankers plc and chairman of the 50 million GT North of England P&I club, challenged the world's merchant shipping industry last week to start projecting a more positive image if it wants more sympathy from society.Speaking at a major industry reception ...
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BMT FT acquires Peter S. Hatfield
BMT Fleet Technology Ltd, a subsidiary of British Maritime Technology Ltd (BMT), has acquired Vancouver-based Peter S. Hatfield Ltd, a naval architecture and marine engineering consultancy. This follows the opening of a BMT office in Victoria on the Canadian West Coast earlier this year and a range of new contract ...
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BAE sale on ice
A summit of UK shipbuilders has been convened by the UK?s Defence Procurement Agency which has asked representatives of shipbuilding companies to attend a meeting to discuss proposals for Britain?s naval programmes to be allocated on a planned basis. The outcome of this meeting, to be held on 11 October, ...
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USN orders new LPDs at Avondale
The shipyard at Avondale and a sister facility in Mississippi will build at least nine amphibious assault vessels for the US Navy, a drop from the original plan to build 12. Known as a landing platform dock ship (LPD), four are under construction at Avondale and one at the Ingalls ...
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Kochi shipyard to build warships
The construction of warships will begin shortly at the Kochi Shipping Yard in India, said the Commander-in-Chief, Southern Naval Command (Kochi), Vice-Admiral S C S Bangara. Preliminary works for the production of warships had begun and the project would take shape by the end of this year, he said.