Industry News – Page 344
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Hegemann applies for guarantees
German shipbuilding group Hegemann has applied for state guarantees of Euro 9m ($12.6m) to secure the financing of an order. A spokesman for the finance ministry of Mecklenburg-Western Pomerania said that the committee in charge had already discussed additional state help for the shipbuilder but had deferred a decision. Bremen-based ...
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SSW ends shipbuilding
Bankrupt SSW Schichau Seebeck Shipyard in Bremerhaven will no longer build new vessels. A creditors? meeting on Monday agreed to a plan presented by a group of investors to convert the yard into a maritime business park. The shipyard filed for bankruptcy in January 2009 with massive debts. The owners ...
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Brodosplit wins fruit-juice carrier
Croatian shipyard Brodosplit has won another newbuilding order from French ferry operator CMN for a fruit-juice carrier. Last year, the yard secured a contract for a ro-pax from the same owner. No price was disclosed. "The ship is contracted in euro, thus minimising possible fluctuations in US dollar exchange rate," ...
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Tsuji transfers marine equipment business
Tsuji Heavy Industries, now under corporate rehabilitation procedures, will transfer its marine equipment business to a company newly established by Oshima Shipbuilding, effective on 1 July. Oshima has set up a 100%-invested subsidiary Ainoura Machinery, based in Sasebo city and capitalized at Y300 million ($3m). Upon receiving permission from the ...
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New services package for ship lay-ups
Wärtsilä has introduced a new, comprehensive package of services, designed to cost efficiently manage hot and cold vessel lay-ups. Reduced transportation demand, over-capacity, and low freight and charter rates have become a major concern throughout the marine industry. The laying-up of ships is one option available to ship owners ...
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Korea?s first icebreaking RV launched
South Korea's first icebreaking research vessel ?Araon' has recently been launched at Hanjin Heavy Industries & Construction shipyard in Busan City. The research vessel is expected to be used for the exploration activities in the Antarctic and accelerate the establishment of South Korea's second Antarctic institute.The newbuilding will be delivered ...
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Bergen wins construction ship
Germany's Schiffahrtskontor Altes Land is to enter the deepwater oil and gas construction market after signing a deal with Norway's Bergen Group for a new ship. SAL intends to order an advanced construction class vessel from Bergen Group's Laksevåg yard for a 2012 delivery to capitalise on rising demand for ...
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UNM liquidation confirmed
A French appeal court has confirmed the liquidation of ship repair yard Union Naval Marseille. The original March decision had been contested by UNM's workforce. Workers' spokesman Jean-Luc Guasco said the decision was "predictable". Employees are hoping to persuade Finance and Economy Ministry officials to back a plan for a ...
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Japan yards to see more cancellations
Japanese shipbuilders could yet be hit by order cancellations as the regional shipowning community based around the Seto Inland Sea prepares to pull out on verbal shipbuilding deals.The yards have been generally viewed as immune to the cancellation rush because the country's orderbook is based on firm contracting with refund ...
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STX wins MR tankers
South Korea's STX Offshore & Shipbuilding has received newbuilding orders for the construction of a total of eight 50,400 DWT tankers (options for four units included) from a European shipowner for $340m in total.
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Danaos postpones deliveries
Danaos has delayed the delivery of five 12,600 teu containerships by a year, to 2012. This brings the total number of newbuilding delivery delays worked out by John Coustas, the Athens-based containership owner, this year to 15 out of its total orderbook of 30. Danaos negotiations for delays were an ...
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Samsung-Dohle/CSAV order talks ongoing
Negotiations between Samsung Heavy Industries and shipowners Compania Sud Americana Vapores of Chile and German owner Peter Dohle surrounding orders for 12 mega-boxships have yet to reach a conclusion. An SHI source said, "The negotiations are very complex but I can tell you nothing has been agreed." The source was ...
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China eying bigger share of shipbuilding
China's government is seeking to expand its share of the global shipbuilding industry to more than 35% by 2011, aiming to raise production to 50 million tonnes by then. The plan includes government support for qualified companies pursuing listings and issuing bonds. The cabinet also said it would expedite the ...
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Interest in offshore conversion work rising
There has been a resurgence of interest in conversion work as companies look at offshore units again. According to Drydocks World executive chairman Geoff Taylor, the company has seen increased interest in offshore conversion projects and other offshore work as oil prices continue to rise.Taylor said that there has been ...
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Indian shipowners cut expansion plans
Reuters reported that Indian shippers are cutting their acquisition plans and buying vessels in the second hand market instead of placing new orders as overseas funding, their biggest source of financing, dries up. Varun Shipping has slashed its acquisition budget this year by three quarters to $100 million and will ...
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Chinese shipyards loosing steam
According to a report issued by China Association of the National Shipbuilding Industry (CANSI), China's shipyards continue to scrape along with continuing declines in new business and growing risk of cancelled orders. The industry began losing steam in the second half of 2008 and business in the first four months ...
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Sustainable Shipping nominees announced
The companies and individuals shortlisted for the inaugural Sustainable Shipping awards have been announced. The awards, recognising, rewarding and celebrating those who have made significant strides in positively tackling increasingly vital environmental issues in shipping, will be presented in London on 15 July, at an event timed to coincide with ...
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Mechanical drives can now be converted to diesel-electric
Rolls-Royce, power electric systems division (formerly known as Scandinavian Electrical Systems) has developed a system for converting old diesel mechanical systems into more efficient electrical propulsion Suitable for platform supply ships, coastal vessels and offshore patrol boats that operate at low speeds or in standby mode, the system reduces the ...
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Wärtsilä opens new facilities in Mexico
Wärtsilä has opened a new office and workshop complex in Mexico, in the city of Veracruz, which is the largest container shipping port in the country and is home to the Mexican Merchant Marine Academy. The new facilities will further expand Wärtsilä's offering in all market segments, especially in the ...
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Wave piercing technology for the offshore market
Wave piercing technology is a well-proven concept for high-speed catamarans and trimarans. Now, at NorShipping, Rolls-Royce says that it is bringing the benefits of this to the offshore market, with the new UT 790 CD vessel design.Rolls-Royce Chief Design Manager ? Offshore Svein Kleven said: "With the UT 790 CD, ...
