Industry News – Page 337
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Cancelled Namura bulkers snapped up
Industry sources say that four companies have purchased the five cancelled 32,000 DWT handysize bulker newbuildings which Cido Shipping had ordered from Namura Shipbuilding's Hakodate yard in Japan. NYK Bulkship is taking two and Shih Wei Navigation of Taiwan and two unidentified buyers respectively taking one. Hakodate is scheduled to ...
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Philippine yard deliver first newbuild
Philippine shipbuilder Colorado Shipyard Corp., which invested P1.04 billion for its facility in Cebu, has sold its first catamaran, a 33-meter aluminium vessel, to Demining International. This newbuilding has a service speed of 30 knots with a capacity of 30 tonnes of cargo and 60 persons. Its price was not ...
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Shipyards CEO?s contract not renewed
Malta Shipyards chief executive Christopher Bell has relinquished his post and reportedly left the island in search for new pastures, after government refused to renew his contract. A spokesman for the Ministry for Investments, Transport and Communications (MITC) confirmed that Bell?s contract expired in June last year, however it was ...
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Box fleet growth stalls as scrappings surge
The containership liner fleet growth has almost stalled during the past few weeks as ships are joining scrap yards in droves while newbuilding deliveries are ebbing according to Alphaliner. Over the month of July, the total container capacity deployed on liner services has increased by 7,000 teu only, according to ...
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WSS offers refrigerant changeover solutions
Ships service agency Wilhelmsen Ships Service (WSS) is equipped for the complex changeovers that the Montreal Protocol will demand when it comes into law on 31 December 2009.After this date, the European Union will not permit ships? crews to maintain, service or top up any refrigeration systems containing R-22 or ...
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DNV develops new PSC tool kit
In a major effort to reverse the recent negative trend in port state detentions, DNV has developed a Port State Control Toolkit that is especially designed to raise awareness and focus attention on pro-active preparation for port state inspections."Port state detention statistics are one of the most important ways by ...
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Hudong-Zhonghua poised for 6th LNG carrier
Shanghai-based Hudong-Zhonghua Shipbuilding is to secure a long awaited $200m order for its sixth 145,000m3 LNG carrier in the next few months. Negotiations are on-going between the shipyard and China National Offshore Oil Corp and China Merchants Energy Holdings and finalization of the contract would end months of speculation and ...
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Dawning of a new era for Canadian shipbuilders
Canada's shipbuilders have agreed to a radical change in the way contracts will be doled out by the federal government. The federal government plans to spend $40 billion over the next 30 years to build as many as 50 large ships, on top of the 70 ships under 1,000 tonnes ...
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Sungdong bags Suezmax pair
Sungdong Shipbuilding & Marine Engineering in South Korea has bagged a second order in less than a month, this time securing a pair of 158,000 DWT Suezmax tankers from an unspecified European owner for delivery in 2011 priced at $70 million apiece. Sungdong booked two identical vessels from Greek owner ...
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SAL lifeline for Sietas
The German shipowner Schiffahrtskontor Altes Land (SAL) has placed an order for two heavylift vessels with Sietas Werft. This welcome boost to the Hamburg-based shipbuilder's order book adds to an earlier order for a double ended ferry and ensures work for the shipyard to the end of 2010. These latest ...
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FPI and Harris Pye collaborate
The Harris Pye Group and Future Pipe Industries B.V. (FPI), of The Netherlands, have signed a collaboration to work together supplying glass fibre reinforced epoxy pipe systems (GRE) to the marine, cruise, industrial and selected areas in the oil and gas sectors. Their collaboration has already seen orders secured.Both companies ...
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Shell awards floating LNG contracts to Technip and Samsung
Shell Gas & Power Developments BV (Shell) has signed a master agreement with a consortium comprising Technip and Samsung for the design, construction and installation of multiple floating liquefied natural gas (FLNG) facilities over a period of up to fifteen years. Shell and Technip-Samsung also signed a contract for execution ...
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Daehan inks Capesize pair
The Korean shipbuilder Daehan has recently signed a letter of intent with a shipowner of Marshall Islands on to build two 180,000 DWT bulk carriers at a cost of $70 million each. A formal contract is to be signed soon and, if the order is confirmed, the yard's orderbook would ...
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Petronet to buy two LNG carriers
India's Petronet LNG is planning to invest $520m for a pair of LNG carriers as part of a $3 billion investment for the Indian LNG terminal owner's Kochi-area regasification facility.Petronet has forged a deal with ExxonMobil to supply the terminal with gas from the Gorgon LNG export project in Australia ...
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NOAA plans new fisheries survey vessel
The National Oceanic and Atmospheric Administration (NOAA) in the USA has issued a Request for Proposals (RFP) for the construction of a new fisheries survey vessel, the fifth Oscar Dyson-class vessel designed for 40-day mission science deployments.The 'Oscar Dyson' was delivered by VT Halter Marine in May 2005 as the ...
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Green ship of the future
The Green Ship of the Future, the Danish maritime initiative, has received the International Environmental Award from the Sustainable Shipping organisation for being the most environmentally friendly shipping initiative. Sustainable Shipping is a leading organisation dedicated to promoting sustainable use of the sea. Among the judges was Dr. Simon Walmsley ...
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Chinese shipowner has ambitious newbuilding plan
Chinese coal shipper Guangdong Lanyue Energy Development Co is looking to add 20 more bulkers to its newbuilding tally in the next five years. Last week the company had already ordered 10 Supramaxes through its shipping subsidiary, Lanhai. The 57,000-dwt vessels, which were ordered at Yangfan Group Co and Xiamen ...
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Sasaki bailout
Following the recent cancellation of the order for five-chemical tanker by the Eitzen Group, Hiroshima Bank is formulating a bailout plan for the troubled Japanese shipbuilder Sasaki Shipbuilding. A Japanese shipowner has said that it would purchase three of the five tankers and charter the vessels to Stolt-Nielsen. A spokesman ...
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Propeller manufacturer ups capacity
Propeller manufacturer Stone Marine Singapore has invested in two new furnaces which will increase the melting capacity of the foundry in Singapore by over 50% in order to meet demand. The furnaces, which are currently being installed, have a capacity of 1,800kg each and, together with the firms existing furnaces, ...
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DSME to buy stake in Brazil yard
Daewoo Shipbuilding & Marine Engineering (DSME) is said to be in talks to buy as much as 20% in a Brazilian rival to seek orders from Petroleo Brasileiro (Petrobras).The local content clause is important to win Petrobras? projects and the deal with the unnamed Brazilian shipyard may be concluded by ...
