Industry News – Page 348

  • News

    BV and SENER test results of CAS Project

    2009-05-20T00:00:00Z

    The EU-funded CAS project (Condition Assessment System), led by Bureau Veritas (BV) and where SENER was a major player, had the purpose of cutting the time and costs to process thickness studies of the structure of a ship in operation, taking advantage of the ship 3D model previously created in ...

  • News

    Grandweld delivers crewboat

    2009-05-20T00:00:00Z

    Grandweld, a shipbuilding, ship repair and conversion specialist, and Stanford Marine, an offshore oil and gas industry fleet operator, both part of the UAE-based GMMOS Group, are celebrating the delivery of the first unit in a six vessel order for 41m crewboats. Jamal Abki, Grandweld General Manager, said: "This design ...

  • News

    Gdynia and Szczecin to be sold

    2009-05-20T00:00:00Z

    The Polish government is awaiting the signature of a Caribbean registered company which has agreed to buy the assets of both Gdynia and Szczecin shipyards for about Zloty450m ($136m). United International Trust was the highest bidder from a group of 35 companies which had expressed an interest in the assets ...

  • News

    Germany faces shipbuilding crisis

    2009-05-20T00:00:00Z

    German shipbuilders are facing difficult years due to cancellations and a lack of orders, the country's shipbuilding association VSM warned yesterday at its annual meeting. "The majority of shipyards will not be fully utilised from mid-year on," VSM chairman Werner Lüken said.German yards suffered 19 cancellations in the first quarter ...

  • News

    Fredericia Shipyard moves to Lind?

    2009-05-20T00:00:00Z

    Fredericia Shipyard in Denmark has entered into an agreement with compatriot Odense Steel Shipyard on renting the original dock facilities at Lind? and a number of buildings housing administration, workshops and changing room facilities etc. Fredericia Shipyard will have more than 100,000 m2 at their disposal. The agreement runs for ...

  • News

    STX wins order for naval trials vessel

    2009-05-19T00:00:00Z

    STX Offshore & Shipbuilding (STX O&S) of South Korea has received an order for a next generation naval trials ship from Agency for Defence Development (ADD) at a cost of KRW 43bn ($33.8m). A naval trials ship supports marine weapon system tests and conducts environmental surveys on the test sea ...

  • News

    Chinese yards resume sales drive

    2009-05-19T00:00:00Z

    It seems that following in the footsteps of their South Korean counterparts, Chinese shipyards have resumed marketing activities for newbuildings. Major yards in South Korea had, this spring, reactivated sales drives for newbuildings offering delivery slots made vacant as the result of their accepting owners' requests to postpone deliveries of ...

  • News

    Gloomy forecast for bulker orders

    2009-05-19T00:00:00Z

    Shipping lines will most likely be unable to raise rates above break-even levels in the next two or three years, analysts at the Credit Suisse Group have said. The Baltic Dry Index has fallen drastically as the global recession saps demand for shipments of iron ore, grain and other commodities. ...

  • News

    Chinese shipbuilders move to stem losses

    2009-05-19T00:00:00Z

    Chinese shipyards are charging penalties to international owners who wish to defer delivery of new ships and are filling the resulting spare capacity with cut-price domestic contracts. At this stage the strategy cannot be confirmed but appears to follow similar moves to soak up excess shipbuilding capacity in decades past. ...

  • News

    Thick steel plate guidelines

    2009-05-19T00:00:00Z

    ABS has issued a new guide intended to provide supplementary requirements for the application of higher-strength, thick steel plates, greater than 51 mm, within the structure of large container carriers. The requirements in the Guide for Application of Higher-Strength Hull Structural Thick Steel Plates in Container Carriers are based on ...

  • News

    Battle of the giants

    2009-05-18T00:00:00Z

    South Korea's big three shipbuilders, namely Hyundai, Samsung and Daewoo, are competing for the massive LNG-FPSO order to be placed by Royal Dutch Shell. The front-end engineering and design (FEED) contract for the vessel will be awarded no later than July and the shipbuilder who will win the contract will ...

  • News

    BG, CNOOC order LNG carriers

    2009-05-18T00:00:00Z

    BG Group, a major British energy company, will construct two LNG carriers jointly with China National Offshore Oil Corp. (CNOOC) for assignment to the Queensland Curtis LNG (QCLNG) project it is now developing in Australia. The two LNG carriers, to be owned jointly by the two parties, will be built ...

  • News

    Oshima to develop 3D design system

    2009-05-18T00:00:00Z

    Oshima Shipbuilding in Japan will launch a project to develop a sophisticated three-dimensional (3D) computer-aided "upstream" shipbuilding design system specifically geared for the primary process from basic planning to basic design following the conclusion of a newbuilding contract. Two engineering firms, CIM Creation and SEA Systems, will be taking part ...

  • News

    New marine research vessel for Australia

    2009-05-18T00:00:00Z

    The Australian Government has dedicated A$120 million ($91.11 million) towards building a new marine science research vessel. The new 85-metre vessel will replace the almost 40 year old ?Southern Surveyor? and will be custom designed to accommodate 30 scientists. The vessel will be funded for 300 days a year at ...

  • News

    LR approves first IHM

    2009-05-18T00:00:00Z

    Wallenius Marine AB has attained a Lloyd's Register (LR) approved Inventory of Hazardous Materials (IHM), also known as a Green Passport, for its car and pure truck carrier ?Tristan? demonstrating an ongoing commitment to safeguarding the environment and early compliance with the new Ship Recycling Convention.The Ship Recycling Convention (IMO ...

  • News

    Amur returns to state ownership

    2009-05-18T00:00:00Z

    Russian prime minister Vladimir Putin announced that the landmark Amur shipyard in the far east of the country is to be taken back into state hands. Putin announced the transfer of a 59% stake to the state-owned United Shipbuilding Corporation (USC) at a meeting with management and workers at the ...

  • News

    Asian navy buildup boosts shipyards

    2009-05-18T00:00:00Z

    The governments of Japan, Korea and China are set to come to the rescue of many big, well established yards once again during the downturn, and this time not through subsidies, but huge investments in navies. Agence France Presse quotes naval consultancy AMI International, whose analysts are forecasting that Asian ...

  • News

    Poland sells Gdynia

    2009-05-18T00:00:00Z

    Poland has sold one of three historic shipyards which were the focus of a subsidy battle with the EU. Treasury minister Aleksander Grad said the yard at Gdynia on Poland's northern Baltic coast had been acquired by United International Trust, which in its tender had pledged to continue producing ships ...

  • News

    Chinese shipbuilding has price advantage

    2009-05-18T00:00:00Z

    China's shipbuilders have a price advantage at present compared with rivals in Korea and Japan, since heavy steel plates in China are 18% cheaper than those in Japan and 19% cheaper than Korea. The purchasing of ship plate takes up some 20% of shipbuilding cost, thus helping China's shipbuilders lower ...

  • News

    NITC VLCC order faces rough passage

    2009-05-18T00:00:00Z

    The credit crisis together with US efforts to tighten sanctions is hampering efforts by National Iranian Tanker Co (NITC) to order 12 VLCCs which the company want for delivery in 2012. A shipbuilding source says NITC wants direct ownership of the tankers but moves by the US to firm up ...