Industry News – Page 396
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Genoa cruise shipyards join forces
Two of Italy?s specialist cruise shipyards are to join forces in a new alliance. Genoa-based shipbuilder T. Mariotti and next door neighbour San Giorgio del Porto, which specialises in repair and conversion, are now owned by the newly established holding company Genova Industrie Navali. Both shipyards will continue to operate ...
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IMT books AHTS order
IMT Marine Consultants, a partner in the Offshore Ship Designers group, has been contracted to design a series of eight IMT 957 AHTS/Utility Vessels to be built at Qingao Qianjin Shipyard in Qingdao, China, for Swire Pacific Offshore Pte Ltd. Delivery dates begin in 2010.Neil Patterson, managing director of IMT ...
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Greatship orders two MPSVs/ROV Support Vessels
Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Co. Ltd., has placed an order for two construction support vessels with Colombo Dockyard Limited for delivery in September 2010 and January 2011. These MPSVs/ROV support vessels and are designed both for operating as advanced PSVs, with ...
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Samsung secures drill ship order
Samsung Heavy Industries has won a $942 million deal to build a drill ship. The deal with Sweden-based Stena Line Co. calls on Samsung to deliver the vessel, used for deep-water oil exploration, by December 2011. Samsung has won deals valued at around $6 billion so far this year. The ...
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Cosco to grow offshore business
Cosco Corp. Singapore Ltd. aims to draw one third of its business each from ship repairs and conversion, new shipbuilding and offshore marine engineering services. The three key businesses contribute S$653.1 million ($481.2 million) or 91% of the company's S$717.6 million ($528.8 million) revenue during the January to March quarter.Of ...
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Vinashin hands over bulker to UK group
Vinashin?s subsidiary, Nam Trieu Shipbuilding Industry Corporation, has handed over a 53,000 tonne bulk carrier to Britain?s Graig Group. The vessel, named Sophia, is the second in a 15-ship series ordered by the Craig Group.
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More reefers ordered
The Anglo-Norwegian reefer company Star Reefers Inc. has agreed with a Japanese owner to time-charter four more new reefer vessels each with a capacity of 615,000 cbft and almost 200 FEU containers for a period of 10 years. The 13,200 DWT vessels will be Star?s third series of four vessels ...
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Sovkomflot eyes ordering gas carriers
Russia?s Sovkomflot OJSC is eyeing the possibility of ordering a series of gas carriers from Admiralty Shipyards in St. Petersburg. According to local sources, the scope of the order will depend on requirements of energy companies to deploy the vessels and will comprise of tankers of 75,000-80,000m3 as well as ...
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VLCC price breaks record
Greek owner Delta Tanker has ordered three VLCCs from South Korea's Hyundai Heavy Industries (HHI) for a record unit price of $156 million. This broke the previous record price of $154 million that Oman Shipping Company agreed to pay when it ordered its VLCCs from HHI and Daewoo Shipbuilding & ...
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Merwede gets another Subsea 7 order
Norwegian-controlled subsea contractor Subsea 7 Inc has ordered a new pipelay and construction vessel from the Dutch shipbuilder Merwede Shipyard at an overall project price estimated at $190m. The new 133-metre vessel will be equipped with a pipelay suite for installing flexible flowlines and umbilicals, and will be delivered in ...
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OSD opens China office
The Offshore Ship Designers group (OSD) has opened a design office in Shanghai, China. Initially staffed with six naval architects it will provide design resources to OSD's European partners and also provide Asian shipyards with innovative tug and offshore support vessel designs."We see increased demand from Asian yards for new ...
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Rihua yard delivers first newbuilding
Rihua Shipbuilding, a Sino-Japanese joint venture that operates a shipyard in Nantong, China, delivered its first newbuilding, a 29,200 dwt bulker, to German owner Aug Bolten. Named ?Western Wave?, this newbuilding is to be chartered out to NYK Global Bulk Corp., a subsidiary of Japan's Nippon Yusen Kaisha (NYK) group.Rihua ...
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DSME boosting production
Daewoo Shipbuilding & Marine Engineering (DSME) plans to spend 163.2bn won ($164m) to expand its facility for the production of vessel parts. The investment will be made by March 2010 at its shipyard in Okpo, South Korea.The shipbuilder also plans to spend 44.5bn won to buy a 50 percent stake ...
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CSSC doubles profit
China State Shipbuilding Co. (CSSC) said its first-quarter profit more than doubled after rising demand led to higher prices for vessels. The Shanghai-based company said that net income climbed to 984 million yuan ($140 million) from 417 million yuan a year earlier, while sales gained 16% to 3.98 billion yuan. ...
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Austal launches LCS
Austal has successfully launched its landmark 127 metre Littoral Combat Ship ?Independence? (LCS 2) in what proved a momentous occasion for the company as it celebrates its 20th year.Since its keel laying in January 2006, Independence has steadily progressed within Austal USA?s purpose built construction facility in Mobile, Alabama toward ...
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Aker set to build yard in Russia
The international shipbuilding group Aker Yards ASA could help build a huge shipyard worth $1 billion in north-western Russia. A year ago, Moscow announced plans to build a large shipyard for manufacturing commercial vessels with deadweight of 100,000 to 150,000 tonnes.Aker Yards is negotiating with two other prospective contractors, members ...
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Subsea 7 introduces Seven Seas
Subsea 7 Inc, one of the world's leading subsea engineering and construction companies, took delivery of its new state-of-the-art deepwater Flex / J-lay vessel, the ?Seven Seas?. The newbuilding is designed to perform highly specialised subsea pipe laying, construction and engineering work for the deepwater global offshore oil and gas ...
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Inaugural cat launched at Austal Tasmania
The first of two 47.5 metre passenger catamaran ferries for the Macau-based New World First Ferry (NWFF) has been launched at Austal Tasmania, marking a historic milestone for the growing shipyard.With new orders for the shipyard currently being finalised and a workforce which has grown from 40 to more than ...
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Frontline expands VLCC fleet
Frontline has entered into a contract with Zhoushan Jinhaiwan Shipyard in China for delivery of four 320,000 dwt VLCC newbuildings. The vessels will be delivered from June 2011 until December 2011. Frontline has also secured options for further two similar VLCC newbuildings at a fixed price. The ordering of ...
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Croatia may close shipyards
One or more of Croatia's five ailing shipyards might have to close as part of European Union membership preparations, Economy Minister Damir Polancec admitted for the first time. He said that one or some of the shipyards will have to convert into a different business, produce something completely different, not ...
