Industry News – Page 416
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SembCorp wins ship conversion deal
Singapore shipyard operator SembCorp Marine said its unit Sembawang Shipyard Pte Ltd has secured a $207 million ship conversion deal from Equinox Offshore Accommodation Ltd. The contract for Equinox Offshore, a Singapore-based oil service company, comprises one-plus-five options to convert passenger/car ferries to DP2 accommodation and repair vessels starting next ...
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Voith acquires AIR
Voith Turbo GmbH & Co. KG in Germany has acquired the share majority in AIR Fertigung-Technologie GmbH & Co. KG based in Hohen-Luckow near Rostock. With this move, Voith Turbo strengthens its leading position in the field of innovative ship propulsion systems. Voith Turbo has been participating in AIR, an ...
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Boskalis orders vessel from Yantai
Dutch dredging services provider, Royal Boskalis Westminster NV, has contracted China's Yantai Raffles Shipyard to build a 21,500 dwt offshore rock dumping fall pipe vessel valued at around $177 million.The vessel, measuring 159 metres long and 32 metres wide, will be built to the American Bureau of Shipping class standard. ...
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Shipbuilders press for subsidy revival
Despite the boom in the global shipbuilding market, Indian shipyards face the threat of becoming less competitive following the expiry of the five-year government subsidy scheme about two months ago. The shipyards have asked the Government to resume the subsidy scheme as shipbuilding, unlike conventional manufacturing, is not protected by ...
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Delays for SCAN's newbuilds
Delivery of each of Scan Geophysical ASA's three newbuilds has been delayed by three months. Based on updated production schedules from the ABG Shipyard in India, the new delivery dates will be June 30, 2008, Sept. 30, 2008, and mid-February 2009. During the third quarter the shipyard suffered from capacity ...
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Sembcorp to invest in Indian shipyard
For the first time, a foreign shipyard has picked up a stake in the emerging Indian ship building and ship repair industry. Singapore-based SembCorp Marine has recently bought a 3.31% stake in Pipavav Shipyard Ltd (PSL) for around Rs 80 crore. The investment agreement between the two companies involves Sembcorp ...
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Keppel wins second floatel contract
Keppel FELS, a subsidiary of the Singapore-based industrial conglomerate Keppel Corp, has won a $206 million contract from Floatel International Ltd to build a 500-man semi-submersible accommodation vessel. Delivery is scheduled for December 2010. This is the second contract awarded to Keppel FELS by Floatel in six months. The new ...
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W?¤rtsil?¤ and V.Ships offer joint services
W?¤rtsil?¤ and V.Ships have agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Drawing on W?¤rtsil?¤'s strengths as a supplier of ship machinery and systems and V.Ships' success at recruiting and training senior officers and technicians, the partners ...
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Yantai gets world???s biggest crane
The Chinese shipyard of Yantai Raffles recently installed the world???s largest crane, called ???Taisun???, capable of lifting 20,000 tonnes and currently undergoing testing and commissioning. Brian Chang, chairman of Yantai Raffles Shipyard, said ???Taisun is earmarked for 10 lifts over the next 20 months. Each lift estimated at 10,000 to ...
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Hanjin expanding in Philippines again
After building a $720 million shipyard in Subic, Korean industrial giant Hanjin Heavy Industries Co. is planning to expand its shipbuilding business in the Philippines with another large shipyard. Hanjin has already started building one of the biggest shipyards in the world at Subic Bay Freeport and the proposed second ...
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Philly delivers third tanker
The third product tanker built by Aker Philadelphia Shipyard in the US was recently delivered marking the first time in the yard???s history that three vessels were completed in the same year. Following very successful sea trials and final testing and commissioning, the ship, named ???Overseas Los Angeles???, joins two ...
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Spain wins Finnish ferry order
The Spanish engineering and consultancy company Sener has tied up with Astilleros de Sevilla the basic and detail engineering of a new Viking Line Ro-Pax ferry. The 133 m long, 1,500 passenger and 520 car capacity ferry is intended to operate short international routes on the Baltic Sea and will ...
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US plans for next LCS uncertain
Now that a massive defense spending bill has been passed in the US, the Navy is supposed to have enough money to buy one new littoral combat ship (LCS) this fiscal year but the Navy may delay the order. For Austal USA, stung by the recent cancellation of a previously ...
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EU project to promote LNG as ship fuel
An EU clean fuels pilot project is underway to promote the use of LNG as marine fuel for ships. Hopes are high for the Marine Fuel Gas Logistics project (Magalog) to take off as industry players begin showing interest amid growing international pressure for shipping to clean up its emissions. ...
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Vietnam launches biggest container ship
Ha Long Shipyard in Vietnam successfully launched a 1,750 TEU container ship which is the biggest of its type built in Vietnam. Shipyard director Nguyen Duc Than said the container ship, named ?Vinashin Dragon?, would be delivered to Vinashin Lines by the end of the first quarter next year. It ...
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Simon M?kster orders second vessel
Norwegian naval architects Multi-Maritime has announced that Riise Underwater Engineering (RUE) and Simon M?kster Shipping have ordered a second Multi Maritime-designed multi-purpose offshore vessel. The vessel will be built at Westcon in ?len, Norway. The new design, designated MM 73 MSV, is 7.2m longer than the MM 66 MSV design ...
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Daewoo wins Middle East order
Daewoo Shipbuilding & Marine Engineering Co in South Korea has secured an order worth $604 million to build four very large crude oil carriers for a Middle Eastern client. It did not identify the client. Delivery of the newbuildings is scheduled by December 2010.
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Full order book at Rousse
Rousse Shipyard in Bulgaria has enough orders to operate at full capacity through the end of 2010, according to managing director Ignat Traikov. The order book contains orders from German and Dutch ship owners and the shipyard is currently building the first of 10 8000 dwt dry cargo ships. The ...
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Posco steals a march with technological breakthrough
South Korea???s Posco is preparing to expand overseas and overtake Nippon Steel of Japan as the world???s third-biggest steelmaker by using its groundbreaking Finex technology. This revolutionary steel- making process is based on the next-generation Finex technology which is both cleaner and cheaper than traditional blast furnaces.Lee Dong-hee, Posco chief ...
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Vyborg captures offshore rig orders
The Russian OJSC Vyborg Shipyard and LLC Gazflot have signed a contract for engineering and construction of two floating drilling units to be operated in Shtokman gas condensate field. The shipyards of Murmansk and Arkhangelsk regions also participated in the tender.Under the contract, Vyborg Shipyard, which is located on the ...
