Industry News – Page 393

  • News

    STX inks two bulkers

    2008-05-30T00:00:00Z

    STX Shipbuilding has won a 129 billion won ($126 million) order to build two bulk carriers for a European shipping company with delivery in May 2009.

  • News

    EU to demand aid repayment for Polish yards

    2008-05-30T00:00:00Z

    The European Commission said on Thursday it is preparing to demand the repayment of Polish government aid to the Gdynia and Szczecin shipyards, while Warsaw signaled it needed more time to find a way of saving the yards. A spokesman for EU competition commissioner Neelie Kroes said: "As regards the ...

  • News

    Profits up at Sri Lanka yard

    2008-05-30T00:00:00Z

    Colombo Dockyard, Sri Lanka's sole listed ship builder, said its March quarter net profit went up 22.5% to 245 million rupees from 200 million rupees a year ago. Revenue rose 49.6% to 2,968 million rupees from 1,984 million rupees in the same period a year ago.The yard delivered two anchor ...

  • News

    ST-design for Sea4

    2008-05-30T00:00:00Z

    Grimstad based ship owner Sea4 has ordered two ROV/ light construction vessels of Skipsteknisk design ST-254L CD at Freire Shipyard in Vigo, Spain. In all Skipsteknisk have currently 8 designs under construction in Spain. The new vessels will be delivered in February and August 2010 respectively. They are not committed ...

  • News

    Noreq acquires Crevi Davit

    2008-05-30T00:00:00Z

    Noreq AS, the Norwegian manufacturer and supplier of maritime deck equipment, has acquired the Bergen-based davit manufacturer Crevi Davit AS. The acquisition strengthens Noreq?s focus on the development of maritime equipment, particularly launching arrangements (davits) for lifeboats and rescue vessels.Together with Crevi Davit, Noreq has already made great progress in ...

  • News

    Wartsila centralizes spare parts centre

    2008-05-29T00:00:00Z

    Wärtsilä will strengthen its international customer service by centralizing the spare parts logistics and by building a new spare parts distribution centre in the Netherlands. A large and modern central warehouse is planned near the company's current service unit in the Netherlands. Wärtsilä will invest approximately EUR 70 million in ...

  • News

    JdN signs contract for five workboats

    2008-05-29T00:00:00Z

    The Jan De Nul Group in Belgium has signed contracts with Tianjin Xinhe Shipbuilding Heavy Industry Co Ltd in Tianjin, China, for the construction of five work boats. The workboats are similar to the DN 46, built by the same shipyard in 2006. The vessels have a length of 28m, ...

  • News

    NMB plans fleet renewal

    2008-05-29T00:00:00Z

    The KG Maritime Shipping consortium which has a 70% stake in Bulgarian national maritime carrier NMB, will add to the fleet 25 new vessels over the next decade, The initial talks will focus on the delivery of eight 34,000 DWT vessels according to a company spokesman. He did not say ...

  • News

    Any advance on 22,000 TEUs?

    2008-05-29T00:00:00Z

    STX Shipbuilding in South Korea reports that it has succeeded in developing a 22,000 TEU containership making it the worlds largest of its type. The containership is 460m in length, 60m in width and 30m in height. To date, according to STX, the world?s largest containership currently in service is ...

  • News

    Daewoo to build Oman yard

    2008-05-28T00:00:00Z

    Daewoo Engineering & Construction Co. has won a 277 billion won ($264 million) order from the Omani government to build a ship repair yard and dry dock complex in southeastern Oman. The deal, signed with Oman's Ministry of National Economy, calls for Daewoo E&C to complete the construction of the ...

  • News

    STX to add floating dock

    2008-05-28T00:00:00Z

    STX Shipbuilding plans to raise capacity at its South Korean yards by 20% this year after adding a second floating dock to meet demand for new vessels. Yards in Busan and Jinhae will be able to handle 60 ships compared with 50 last year, senior vice president Kang Ssang Won ...

  • News

    Transpetro launches 2nd phase of tanker order

    2008-05-28T00:00:00Z

    The shipping arm of Brazil's state oil company Petrobras launched an expanded second phase of its tanker order with planned tenders for 23 vessels, including four Suezmax and three Aframax carriers. The order prospectus for Brazil-based shipyards will be published in the coming weeks, Petrobras unit Transpetro said. The ships ...

  • News

    Jurong yard inks another Seadrill semisub

    2008-05-28T00:00:00Z

    Jurong Shipyard in Singapore, a wholly-owned subsidiary of Sembcorp Marine, has secured a Letter of Intent (LOI) from Seadrill Limited to build a deepwater semi-submersible drilling rig at a turnkey contract value of $640 million. This is a repeat order and the fourth identical newbuild deepwater semi-submersible drilling rig that ...

  • News

    Maersk ponders job cuts at Lindo

    2008-05-28T00:00:00Z

    Danish shipping group AP Moller Maersk is to launch a cost-cutting programme at its Odense shipyard that could jeopardise jobs as it seeks to stem mounting losses. "The shipyard is still operating at a massive loss and is hit hard by the international fluctuations, including the development of the U.S. ...

  • News

    Philly yard makes start on first shuttle tanker

    2008-05-28T00:00:00Z

    Aker American Shipping (AKASA) representative Michelle Pinto started a plasma cutter today to officially begin production of the company?s first shuttle tanker. When this vessel is completed, Aker American Shipping will become the first company in the United States to own a U.S. flag shuttle tanker for use in the ...

  • News

    Malta Shipyard's future looks gloomy

    2008-05-27T00:00:00Z

    As government, the management, and the workers? union blame each other for the failure of the Malta Shipyards to become financially viable, the fate of this state company, one of Malta?s largest employers, remains uncertain. At the end of December 2008, the EU will no longer allow Malta to give ...

  • News

    New LNG carrier has training facilities

    2008-05-27T00:00:00Z

    NYK has taken delivery of a new LNG vessel, Grace Cosmos, which is equipped with training facilities for cadets. It is the first vessel in Japan with such cadet-training facilities. The first group of cadets had been students in the NYK Class at Shanghai Maritime University and boarded Grace Cosmos ...

  • News

    Vale inks record VLOC order

    2008-05-27T00:00:00Z

    Brazilian mining giant Vale is set to recast the world?s seaborne iron ore trade, with the confirmation of an order for 14 giant bulk carriers worth as much as $2 billion. The largest order to date of very large ore carriers (VLOC) is at the centre of Vale?s ambitious plan ...

  • News

    Hyundai Mipo wins bulker orders

    2008-05-27T00:00:00Z

    Hyundai Mipo Dockyard Co., a unit of Hyundai Heavy Industries, has won orders worth a combined 330.7 billion won ($316.6 million) to build eight bulk carriers. Under the contract signed with Asian and European shipping companies, the shipbuilder is slated to deliver the vessels by October 2011.

  • News

    Aker joins BMT in Canadian AOPS project

    2008-05-27T00:00:00Z

    Aker Yards Marine Inc. (AYM) has joined the team assembled by BMT Fleet Technology Limited that has been awarded the definition, engineering, logistics and management support (DELMS) contract for the Canadian Arctic Offshore Patrol Ship (AOPS) project. The Canadian navy will acquire between six and eight ice-capable patrol ships to ...