Industry News – Page 409

  • News

    Greek yard wins first ship order in 20 years

    2008-01-29T00:00:00Z

    The Greek shipbuilder Hellenic Shipyards SA, a subsidiary of the German ThyssenKrupp group, has won its first export shipbuilding order in 20 years. The contact is for a jack-up platform or barge for Hochtief after an international tender.

  • News

    Philadelphia launches fourth tanker

    2008-01-29T00:00:00Z

    The fourth double-hulled tanker in Aker Philadelphia Shipyard?s current build program was recently floated off its blocks in the yard?s 1,300 foot long building dock and transferred to the adjacent outfitting dock. Testing and commissioning of the vessel?s systems will take place during the coming months, with the ship scheduled ...

  • News

    Cotai orders four more cats

    2008-01-29T00:00:00Z

    Austal has signed a contract for four additional 47.5 metre passenger catamarans with Cotai WaterJets (Macao) Ltd, adding to the initial ten-vessel contract signed in 2006 by sister company Venetian Marketing Services Limited (VMSL).The new vessels will be identical to those currently under construction at Austal?s Henderson shipyard and will ...

  • News

    STX adds two bulkers

    2008-01-29T00:00:00Z

    STX Shipbuilding has won a deal valued at 204 billion won ($215 million) to build two bulk carriers. The contract from a European shipping company calls on the Korean shipbuilder to deliver the vessels by June 2010.The shipbuilder secured orders valued at more than $10 billion last year to build ...

  • News

    HHI increasing 2008 output by 25%

    2008-01-28T00:00:00Z

    Hyundai Heavy Industries (HHI) plans to deliver 25% more vessels this year as it increases production to work through almost four years worth of orders. The company delivered 11 vessels in January, the highest monthly output in the industry, and the newbuildings were all delivered as much as two-and-a-half months ...

  • News

    India seeking to manufacture marine engines

    2008-01-28T00:00:00Z

    In an attempt to tap increasing demand for ship engines, India?s largest shipping firm, the state-owned Shipping Corp. of India Ltd (SCI), is joining hands with a few government-run ports to enter the business of manufacturing diesel engines for ships. The alliance, led by SCI, also includes Jawaharlal Nehru Port ...

  • News

    Vietnam starts on mega shipbuilding complex

    2008-01-28T00:00:00Z

    Construction of a $281.25 million shipbuilding complex has begun in Yen Hung district, the northeastern province of Quang Ninh, Vietnam.Invested by the Pha Rung Shipyard, a subsidiary of the Vinashin, the complex includes a shipyard, ship repair and auxiliary industrial facilities, and a ship engine manufacturing factory. Once fully operational ...

  • News

    Samsung close to drill-ship deal

    2008-01-25T00:00:00Z

    Samsung Heavy Industries is reportedly nearing a deal valued at $1.32 billion to build two drill ships. The Korean shipbuilder indicated that the contract will be made later in the day with a company in Oceania but refused to identify the buyer.

  • News

    VSNI and HME merge

    2008-01-25T00:00:00Z

    The VNSI (Netherlands? Shipbuilding Industry Association) and HME (Holland Marine Equipment Association) have combined their representative activities into a new association called ?Scheepsbouw Nederland? (Holland Shipbuilding Association) which will be based in Zoetermeer, the Netherlands. The Holland Shipbuilding Association (HAS) represents about 400 members with a total maritime turnover of ...

  • News

    Aussie yard ventures into Mexico

    2008-01-25T00:00:00Z

    Henderson-based shipbuilder Strategic Marine in Western Australia will open its first shipyard in the Americas later this year following a successful joint venture bid with Servicios Navales E Industriales S.A. DE C.V. (SENI) to build two 52 metre aluminum crew boats for Arrendadora Ocean Mexicana S.A. de CV (Blue Marine ...

  • News

    Oman to build new repair yard

    2008-01-24T00:00:00Z

    South Korea?s largest construction company, Daewoo Engineering & Construction (Daewoo E&C) has clinched a $443-million contract to build a shipyard in Oman jointly with an Oman-based builder. The ship repair yard is to be built in the port of Duqm on the southeastern coast of Oman. Daewoo E&C holds a ...

  • News

    STX to set up Vietnam facility

    2008-01-24T00:00:00Z

    South Korea's STX Group plans to set up a manufacturing base in Vietnam, investing $150 million by 2015, to expand its offshore plant business. STX Group's three subsidiaries, STX Corp , STX Shipbuilding Co and STX Engine, will invest in the project. The group won the Vietnamese government's approval to ...

  • News

    ACL announces big order

    2008-01-24T00:00:00Z

    American Commercial Lines (ACL), an integrated marine transportation and services company, has entered into a six-year, $100 million, multi-vessel contract with a major customer, to build both liquid and dry cargo barges. The company, which operates America?s largest single-site inland shipbuilding and repair yard on the Ohio River in Jeffersonville, ...

  • News

    Varun plans fleet expansion

    2008-01-24T00:00:00Z

    Mumbai-based Varun Shipping Co Ltd plans to spend $400 million during 2008 to expand its fleet, with focus on the offshore sector as well as tankers and gas carriers, according to a senior official of the company.The firm, which has four AHTS vessels and 16 oil, gas and product carriers, ...

  • News

    Cosco wins shuttle tanker contracts

    2008-01-24T00:00:00Z

    COSCO Shipyard Group has received newbuilding contracts worth $422million. One contract for $172 million is to build two shuttle tankers which are slated for delivery in 2010 and 2011. The Chinese shipbuilder has also won several conversion contracts worth $250 million from various customers to convert oil tankers to bulk ...

  • News

    Gibraltar yard aborts super yacht investment

    2008-01-24T00:00:00Z

    Gibraltar ship repairer Cammell Laird (Gibraltar) Ltd, which in December 2005 announced a £20 million investment in its repair yard to expand its super yacht activities, has totally changed its strategy. A company spokesman said the yard is no longer pursuing any transition to mega yacht work and, instead, it ...

  • News

    Neste welcomes strict criteria for biofuels

    2008-01-24T00:00:00Z

    Neste Oil in welcomes the transport biofuels targets and the strict environmental sustainability criteria for biofuels proposed by the European Commission. The Finnish oil company agrees that no feedstocks should be permitted if obtained from high-biodiversity land (forest with no significant human intervention) or land with high carbon stock (e.g. ...

  • News

    Vosta LMG barges for Van Oord

    2008-01-24T00:00:00Z

    VOSTA LMG in The Netherlands has been awarded a contract for the delivery of a complete engineering and component package for three hopper barges for Van Oord.The order consists of the design and engineering of 10,000 m3 hopper barges, including the delivery of the bottom doors, electrical, and hydraulic installations. ...

  • News

    Siem orders another PSV

    2008-01-24T00:00:00Z

    Siem Offshore Inc in Norway has, through its 51% owned subsidiary Siem Meling Offshore DA, entered into an agreement to acquire a shipbuilding contract for a large-size PSV vessel. The contract price is approximately $57 million and the vessel is scheduled for delivery in first quarter 2009 from Eidsvik yard ...

  • News

    MAN welcomes new Chinese licensee

    2008-01-24T00:00:00Z

    MAN Diesel has added another member to its family of two-stroke licensees with the signing of a contract with Zhenjiang CME Co., Ltd. (ZJCME), the Chinese engine manufacturer. The new licensee is a subsidiary of the giant, state-owned China State Shipbuilding Corporation (CSSC) industrial conglomerate. ZJCME already holds a four-stroke ...