Industry News – Page 408
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STX confirms new shipyard in Vietnam
STX Group's construction of a shipbuilding yard in Vietnam has been confirmed. The Korean shipbuilder announced that the Vietnamese government has recently approved of STX's plan to construct an offshore production base and that the company plans to invest $150 million by 2015. This event will provide the STX Group ...
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NASSCO wins T-AKE number 10
General Dynamics NASSCO, a unit of defense contractor General Dynamics Corp, said it was awarded a $460 million contract to build a tenth T-AKE dry cargo ammunition ship and buy materials for an eleventh. Construction on the tenth ship is due to start in January 2009, with delivery planned for ...
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SkySail ship slashes fuel consumption
The world's first commercial ship powered in part by a giant kite is recording fuel savings of between 10 and 15 % midway into its maiden voyage across the Atlantic, according to Bremen-based Beluga Shipping.The 10,000 dwt ?Beluga SkySails? left Germany on 22 January for Venezuela and its computer-guided kite ...
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Europe orders big cat
MGC Chartering Limited has placed an order with Australian high-speed catamaran builder Incat in Tasmania for Incat?s third state-of-the-art 112 metre wave piercing catamaran due for delivery in February 2009.Incat hull 066, the latest vessel in the successful 112 metre range from Incat, is specifically designed with the European ferry ...
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Low sulphur fuel deal for WWL
Wallenius Wilhelmsen Logistics? (WWL), represented by their marine fuels partner Wilhelmsen Premier Marine Fuels, has signed its largest ever deal for low sulphur fuel with Shell Marine Products A/S. The deal is one of Shell Marine Product?s (SMP) largest supply agreements for low sulphur fuel oil and will see ...
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AMD helps build China's warcats
The Chinese Navy is using Australian technology to upgrade its warships, a move which experts warn may be detrimental to Australia's national security. Through a joint venture company based in China, an Australian business, AMD, has sold designs for the hull and propulsion system of high-speed missile-armed catamarans to the ...
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More support for lower speeds
There has been another call for ships to cut their sailing speed to save bunker fuel and cut harmful emissions. Lars Carlsson, chairman of the cross-industry lobby group SEAaT (Shipping Emissions Abatement and Trading) said it wasn't that oil was going to run out it was rather that "we cannot ...
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Container claims going overboard
The North of England P&I club based in Newcastle-upon-Tyne, UK, reports in the latest issue of its loss-prevention newsletter Signals that container damage and loss continues to be a problem on container ships. "Container losses and collapsed stows in heavy weather continue to occur," says the club?s head of loss-prevention ...
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More seafarers wanted
Ambassador Stale Torstein Risa of Norway, as the keynote speaker of the two-day International Maritime Conference hosted by John B. Lacson Foundation Maritime University (JLFMU), sounded a warning that there is a shortage of ?quality? seafarers around the globe. He encouraged maritime schools in the country to give importance to ...
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Jinhui cancels two newbuildings
Norwegian-listed bulk shipping group Jinhui Shipping and Transportation cancelled major orders for two ships, blaming the market volatility in global financial markets for its decision. The two 300,000 DWT very large ore carriers (VLOC) had been ordered from China Shipbuilding & Offshore International Company at a cost of $122.62 million ...
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Austal awarded US Navy contract
Austal has been awarded a Preliminary Design Contract for the Joint High Speed Vessel (JHSV) programme for the US Navy and Army. The JHSV requirements and concept of operations are similar to those of the Austal built ?WestPac Express?, which has been successfully serving the III Marine Expeditionary Force in ...
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Tasmania developing US military cats
Incat Tasmania Pty Ltd and Revolution Design Pty Ltd have been awarded one of three US multi-million dollar design contracts by the US Department of Defense.The Tasmanian based companies are part of an international consortium responding to the United States Department of Defense (DoD) acquisition program for the Joint High ...
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Japanese yards win Meiji contracts
Meiji Shipping in Japan has ordered one 50,000 DWT (MR-type) product carrier from Onomichi Dockyard and two 56,000 DWT Handymax bulkers from Mitsui Engineering & Shipbuilding (MES). The PC is due for delivery in the first half of fiscal 2011, while the two bulkers ware scheduled for completion in, respectively, ...
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SPP snaps up more handies
South Korean yard SPP Shipbuilding has received orders for a total of four 59,000 DWT bulkers from two owners. The price is reported to be $48-49 million each which is not far off the all-time high price of above $50 million for Handymax bulkers secured by STX in mid-January. The ...
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Korea bags Oman tanker contract
Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering Co won a $1.54 billion contract to build oil tankers for Oman. The two South Korean shipbuilders will build five tankers each for the government of Oman.
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Indonesia takes delivery of corvette
The Indonesian navy has taken delivery of the second of four corvettes ordered from the Netherlands. The 1,600-tonne Sigma-class corvette, named ?KRI Hasanuddin-366?, will join the navy's Western Fleet as a patrol ship.Four of the missile-equipped ships were ordered from the Schelde naval shipyard in the Netherlands in January 2004. ...
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Brunei expands LNG fleet
Daewoo Shipbuilding and Marine Engineering (DSME) has won a 465.3 billion won ($492.5 million) order to build two LNG carriers for the state-run gas carrier of Brunei.The contract also has an option for Daewoo to sell an additional two ships to Brunei Gas Carriers Sendirian Berhad. DSME, which accounts for ...
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DSME building another block factory
Daewoo Shipbuilding & Marine Engineering (DSME) is to construct a Won162.2bn block facility to speed up construction of its four-year order backlog. Work on the new factory at its Okpo facility will start in 2009. DSME is also investing an additional Won770bn this year to extend the length of its ...
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Maersk sells its car carriers
The Copenhagen-based AP Moller-Maersk is to dispose of its car-carrying ships to Norway?s Höegh Autoliners in the latest restructuring move. The move will help Höegh in its efforts to expand its fleet to compete with other large operators of car-carrying ships.In return for its 12 existing vessels and six new ...
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HSL to build warships
The Indian state-owned shipbuilder and ship repairer Hindustan Shipyard Ltd (HSL) plans to invest Rs 1,000 crore in modernising its facilities in the next five years enabling it to enter the naval ship newbuilding market. The defence ministry is keen to place orders for building naval ships at HSL and ...
