Industry News – Page 292
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NewsCosco to convert VLCCs into FPSOs
COSCO (Dalian) Shipyard, a subsidiary of the COSCO Corporation’s (Singapore) 51% owned subsidiary, COSCO Shipyard Group Co, has secured two contracts totalling over $100 million to convert two large tankers to FPSO vessels for a Singapore ship-owner and a Norwegian ship-owner respectively.
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NewsStena orders another Suezmax
The Gothenburg-based Stena Bulk, which recently confirmed an order at Samsung Shipyard for six in-house designed Suezmax tankers for delivery in 2011/2012, has now placed further one order of a Suezmax tanker, the seventh in the series.
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ESS to absorb 580,000 TEU
Extra slow steaming (ESS) has created employment for almost 100 ships with a total capacity of 554,000 TEU as at the end of May according to Alphaliner. It has grown from only 5 ships for 46,000 TEU 12 months ago.
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SCI to float newbuilding tenders for fleet expansion
State-owned Shipping Corporation of India (SCI) said it would float global tenders for acquiring 30 ships by 2012 which is likely to entail a Rs 8,000 crore ($1.7 billion) investment.
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Adani orders Caper duo from Hanjin
Adani Enterprises, the flagship company of the Ahmedabad-based Adani Group in India, has placed orders for two new Capesize bulk carriers with South Korea’s Hanjin Heavy Industries for about Rs650 crore ($138 million) for delivery end 2010.
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Spares company boss imprisoned
The controversy over ''unofficial'' spare parts from a few years ago looks likely to reignite after the imprisonment of the managing director of a separator spares company.
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Wärtsilä powers Chinese semisub heavy-lift vessel
Wärtsilä has signed a contract to deliver a ship power system for a 38,000 tonne semi-submersible heavy-lift vessel for Chinese customer Zhejiang Share-ever Business.
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China wins Iranian LNG carrier orders
According to local press reports, Iran has ordered six LNG tankers from China to transport the natural gas it hopes to export from its giant gas reserves.
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NewsInnovative asymmetrical icebreaker for the Gulf of Finland and Baltic Sea
The Finnish companies STX Finland, Aker Arctic Technology, Southeast Trading (SET Group), and the Russian companies OAO Sovcomflot and FSUE Rosmorport have signed a cooperation agreement with the purpose of developing and building a new type of oil spill combat icebreaker for Sovcomflot.
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NewsNew flagship for P&O Cruises delivered
Fincantieri’s Monfalcone shipyard has delivered the 116,000gt Azura, the new flagship for P&O Cruises, part of the Carnival Group.
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NewsRem Offshore orders PSV quartet
Norway’s Rem Offshore has ordered four large PSV vessels from local shipbuilders.
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NewsHyundai Heavy develops eco-friendly gas engine
Hyundai Heavy Industries has completed the test run of the newly developed high output eco-friendly HiMSEN gas engine H35G for the first time in Korea on 27 May.
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Danaos cancels three newbuildings
Danaos in Greece has entered into an agreement with Hanjin Heavy Industries to cancel three 6,500 TEU newbuilding containerships, initially expected to be delivered in the first half of 2012 and worth $298.2 million.
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NewsFirst propeller and gas turbine completed for QE class carrier
Rolls-Royce has completed two significant milestones for the Royal Navy’s new aircraft carriers, Queen Elizabeth and Prince of Wales, with completion of the first propeller and the successful testing of the vessels’ first MT30 gas turbine.
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NewsABS establishes Brazil Offshore Technology Center
ABS has announced the establishment of the ABS Brazil Offshore Technology Center in partnership with the Federal University of Rio de Janeiro (COPPE/UFRJ).
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NewsKeppel consolidates presence in Brazil with new shipyard
Keppel Offshore & Marine, through its wholly-owned Brazilian subsidiary, Navegantes Maritime Construction and Services, has entered into an agreement with Brazil’s TWB Group to acquire the Estaleiro TWB shipyard in Navegantes, Santa Catarina.
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FarSounder releases software upgrade
US-based FarSounder recently released SonaSoft 2.1, a major software upgrade for the FS-3DT forward looking sonar.
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NewsKeppel delivers five vessels on schedule
Keppel Singmarine, the specialised shipbuilding arm of Keppel Offshore & Marine Limited, has recently delivered five ships.
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NewsCrew boat order for Strategic Marine
Australian-based Strategic Marine has been awarded a contract to construct three 28m crew boats, bringing the company’s current order book to more than $200 million.
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Idle fleet expected to rise by year end
The idle containership fleet has fallen to 549,000 TEU as at 24 May 2010 according to Alphaliner’s fortnightly survey, down from a peak of 1,522,000 TEU at the beginning of December 2009.
