Industry News – Page 376

  • News

    Asry expansion approved

    2008-09-30T00:00:00Z

    The Arab Ship Building and Repair Yard's (Asry) board of directors has given the green signal for a $188 million expansion project as a part of the strategic plan for the 2008-2012 period. The strategic plan includes a large expansion project comprising of construction of 1,200 metres of wet berths, ...

  • News

    Philly yard makes start on ninth product tanker

    2008-09-30T00:00:00Z

    Aker Philadelphia Shipyard began construction on Hull 013, the ninth product tanker in a series of twelve to be built for American Shipping Company. When completed, the 46,000 dwt vessel will be 600 feet in length and be capable of transporting the equivalent of 14 million gallons of liquid product. ...

  • News

    Austal USA launches second Hawaii Superferry

    2008-09-30T00:00:00Z

    The second of two high speed vehicle-passenger catamarans for Hawaii Superferry has been launched at Austal USA?s purpose-built production facilities in Mobile, Alabama. With a service speed of 40 knots and the capacity to transport 866 passengers and 282 cars, the high speed catamaran joins sister vessel "Alakai" - which ...

  • News

    Wartsila offshore designs for China and India

    2008-09-29T00:00:00Z

    Wartsila Ship Design has received major orders from customers in China and India, including a Deepwater Engineering Survey Vessel design for China Oilfield Services Ltd. This is a 105-metre, 4,300dwt vessel capable of drilling operating at deep water for geotechnical surveys and geophysical surveys. To date, most of China?s oil ...

  • News

    Four more for Rickmers

    2008-09-29T00:00:00Z

    Four more 24,000dwt multi-purpose, heavy-lift vessels have been ordered for the global services of Rickmers-Linie by Rickmers Group company Polaris Shipmanagement from Chinese shipbuilder Guangzhou Wenchong. Delivery of the first vessel is scheduled for May 2011 and by December 2011 all four will be in service. This latest quartet brings ...

  • News

    Bollinger wins major USCG contract

    2008-09-29T00:00:00Z

    Lockport-based Bollinger Shipyards in the US has won a contract for U.S. Coast Guard (USCG) patrol boats that could be worth as much as $1.5 billion. If fully exercised, it would be the largest in the firm?s history.In the deal, which officials said was more than two years in the ...

  • News

    Kongsberg acquires Metasystems

    2008-09-29T00:00:00Z

    As part of its strategy to create a green ship product line, Kongsberg Maritime recently announced the acquisition of Metasystems AS. MetaSystems develops intelligent electronic applications in terms of software, sensors and instruments for the maritime and land based industries, with the goal of increasing customers' profitability through optimal and ...

  • News

    MIS on acquisition trail

    2008-09-29T00:00:00Z

    UAE-based offshore rig building company, Maritime Industrial Services (MIS), is looking to boost its yard capacity through acquisition of land and existing smaller yards in the UAE, said a senior company official.The high demand for offshore drilling rigs, spurred by the increasing global demand for oil, has led to shortage ...

  • News

    Safmarine orders multi-purpose quartet

    2008-09-29T00:00:00Z

    AP Moller Maersk subsidiary Safmarine has confirmed it has placed an order for four 18,000 dwt multi-purpose vessels with Wuhu Xinlian Shipyard in China. The deal includes an option for another four vessels with the option having to be declared in the next few months. The confirmed vessels will be ...

  • News

    STX wins Noble drill ship order

    2008-09-29T00:00:00Z

    STX Heavy Industries has won a drill ship contract worth $1.2 billion from Noble Corp., the third-largest U.S. offshore oil driller. The order, the first of its type won by STX, includes a $300 million deepwater drill ship for delivery in 2011 and an option for three additional vesselsSTX will ...

  • News

    Cicek introduces new handy-size bulker

    2008-09-29T00:00:00Z

    Turkey's Cicek Shipyard launched a new 25,000 dwt bulk carrier design at the SMM 2008 exhibition in Hamburg. The current handy-size bulk carrier fleet is now aging and Cicek believes that many owners will soon be placing orders for replacement tonnage that both meets new regulations and offers improved efficiency. ...

  • News

    Vinashin negotiating first VLCC contract

    2008-09-29T00:00:00Z

    Vietnam?s state-run shipbuilder Vinashin is reportedly negotiating for its first VLCC contract with state-run PetroVietnam. The largest ships to date that the rapidly evolving builder has on its books are a series of 105,000 dwt Aframaxes for PetroVietnam.

  • News

    Credit crunch hitting shipowners

    2008-09-19T00:00:00Z

    Shipping companies are experiencing a tightening of lending conditions because of growing market uncertainty and a weakening of banks' ability to lend, senior officials have revealed. The ambitious building programmes announced around the world when the market was strong have created a huge demand for financing.The shipping sector is highly ...

  • News

    Robot offers greener hull cleaning service

    2008-09-19T00:00:00Z

    European engineers and researchers have developed a robot that is able to remove marine growth from a ship's hull. HISMAR, the Hull Identification System for Marine Autonomous Robotics, was developed under European Union funds and will be unveiled at SMM in Hamburg, Germany next week."Marine growth on ships is a ...

  • News

    Daewoo bidders look for foreign partners

    2008-09-18T00:00:00Z

    Conflicting directions given by the financial authorities are creating confusion for bidders of Daewoo Shipbuilding & Marine Engineering (DSME). After Korea Development Bank (KDB), the main creditor of DSME, changed its stance Thursday, saying that foreign investors may bid for the shipbuilder that is estimated to fetch up to five ...

  • News

    Shipyard to boost capacity

    2008-09-18T00:00:00Z

    Dalian Shipbuilding Industry, one of China's biggest shipyards, plans to boost production from this year's 3 million dwt to 10 million dwt by 2020. DSIC expects sales of 17 billion yuan this year from its ships including tankers, chemical and product carriers, containerships, LPG and LNG and engineering and offshore ...

  • News

    NCL casts doubts over its F3 project

    2008-09-18T00:00:00Z

    Reports are emerging that there are signs of a significant dispute between Norwegian Cruise Line and Aker Yards France, the shipyard that's building NCL's innovative new F3 series of ships. The dispute, according to the report, could cause major delay in the delivery of the first of two as-yet-unnamed ships. ...

  • News

    Another Marin Teknikk design for Gulmar Offshore

    2008-09-18T00:00:00Z

    The naval architect firm of Marin Teknikk in Norway has secured a new contract with a Korean shipyard for delivery of design and engineering package for two new MT 6024 support vessels for Gulmar Offshore Middle East LLC in Dubai, UAE.The multipurpose offshore construction and diving support vessels were designed ...

  • News

    IHIMU shares its F56 design with Turkish yard

    2008-09-18T00:00:00Z

    Japan?s IHI Marine United is to provide a Turkish shipyard with the design of its 56,000 dwt bulker "Future 56 (F56)" along with related materials and components in a deal arranged by a Japanese trading house. This is the third yard to receive details of IHIMU?s popular Handymax after Vinashin ...

  • News

    Samsung ups target

    2008-09-18T00:00:00Z

    Samsung Heavy Industries has received a 633.4 billion won ($567.8 million) order from Europe and said it would raise its order target for 2008 by more than 30%. The South Korean shipbuilder said in a statement that Britain's Flex LNG had ordered an LNG FPSO facility, which is scheduled for ...