Industry News – Page 475
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Hanjin eyes early expansion of Subic facility
Hanjin Heavy Industries and Construction Co. of Korea will expand its shipbuilding facility at Subic Bay Freeport by at least 100 hectares to house a training center and water treatment substation and other support facilities and would eventually occupy 500 hectares in the Redondo district. Hanjin initially had provisions for ...
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Incat delivers latest 98
Incat?s in Tasmania has delivered a new 98 metre Wave Piercing Catamaran to one of Spain?s largest shipping companies, Acciona Trasmediterr?nea (AT). Milenium Tres is the sixth Incat high speed catamaran to join the AT fleet which includes the 96 metre Milenium and the 98 metre Milenium Dos, both of ...
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Davie shipyard rescue plan is back on
The Norwegian businessman who wants to save the bankrupt Davie shipyard says the deal is back on. If the $30 million deal is concluded, the Canadian shipyard will re-open for business before the end of this month.
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Argentine shipyard comes to life again
The Domecq Garc?a shipyard in Buenos Aires, Argentina, is slowly coming to life again after having been closed down in the 1990s. This specialized shipyard, set up in the 1970s to maintain the Argentine navy?s submarines, was sold in the 90s, with all the equipment for submarine maintenance reverting to ...
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Indian shipping faces $4 bn bill
The Indian shipping industry will need to send 56% of its merchant fleet to the scrapyard in the next five years according to the Indian National Shipowners? Association (INSA) and, as a result, will need to spend about $4 billion on fleet renewal by 2009. As of March this year, ...
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Daewoo and Mipo clinch new orders
Daewoo Shipbuilding clinched a 171,800 cbm LNG carrier from TMT Co in Taiwan with delivery of August 2010 and two 83,000 cbm LPG carriers from Brave Maritime Corporation with delivery of January 2010. Total contract price is $ 430 million. The LNG carrier new order attaches one more option. ...
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DryShips builds two bulkers in China
The Greek shipping company DryShips has signed contracts to build two Panamax bulk carriers at a Chinese shipyard at a cost of $33.25 million each.
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Saipem awarded Angola offshore contract
Saipem of Italy has been awarded a contract for the provision and management of an FPSO vessel by the Angolan oil company Sonangol P&P. The vessel will be used for the development of the Gimboa field, located about 85 kilometres off the coast of Angola, in Block 4/05 at a ...
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IHC opens fourth slipway
IHC Holland Merwede has decided to commission a fourth slipway in the Netherlands, namely the former van der Giessen-de Noord slipway in Krimpen aan den IJssel, claimed to be Europe?s largest covered shipbuilding slipway. This is in response to the increased demand for slipway capacity in the market sectors supplied ...
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Ensco places semi with Keppel
The US offshore drilling company, Dallas-based Ensco International Inc., has signed a contract worth approximately $385 million with the Keppel FELS Ltd. Shipyard in Singapore to construct an ultra-deepwater semi-submersible rig. Delivery of the rig, to be named ENSCO 8502, is scheduled for the fourth quarter of 2009. The new ...
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Aker opts out of options
Aker Drilling has decided not to exercise options that expired on 30 September this year, for delivery of another two semi submersible drilling rigs from Aker Kvaerner. Construction of the company's first two sixth generation rigs and the build up of the operational organization is well underway. The rigs are ...
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EC to enforce EU competition rules for tramp sector
The European Union (EU) Member States' ministers responsible for competition unanimously agreed to follow the European Commission's (EC) advice and repeal Regulation 4056/86. This Regulation, which has been in force since the late 1980s, has effectively not only exempted liner conferences from the general provisions of EU competition rules, but ...
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ASL secures shipbuilding contracts
The Singapore shipbuilder ASL Shipyard has secured new shipbuilding contracts worth a total of $32.5 million for the construction of five vessels for a customer in Europe fordeployment in the Middle East for LNG terminal operations. The contract calls for the construction of four azimuth stern drive tugs and one ...
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Aker starts Viking newbuilding
The production of Viking XPRS, a new type of fast car passenger ferry, was started in Aker Yards, Turku on 3 October with the cutting of the first plate for newbuilding No. 1358.The contract by Aker Yards and Viking Line Abp was signed on 30 November 2005 to deliver this ...
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Marieke christened
DEME?s latest trailing suction hopper dredger was christened in the port of Zwijndrecht, Belgium. Named ?Marieke?, the newbuilding was delivered by IHC Holland Dredgers BV on 28 July. The 5,600 m³ Marieke is an enlarged version of the highly successful 5,400 m³ trailing suction hopper dredger ?Pallieter? which was built ...
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UNO develops ship-welding robot technology
The University of New Orleans (UNO) received a $3.6 million grant from the Defence Advanced Research Projects agency to develop automated tools for programming robots to weld ship components. The grant is funded by the Office of Naval Research. "The shipbuilding industry can never find enough welders, and welding is ...
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MMHE eyes partnership with local shipyards
Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly-owned unit of MISC Bhd, is seeking to collaborate with other shipyards in the country in the construction of deepwater facilities for the oil and gas industry. MMHE is making initial contacts with other local shipyards to see whether it can ...
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STX clinches four box ships
South Korea's STX Shipbuilding has won a $198.6m contract to build four 2,700 TEU container carriers for a Japanese shipping company NYK Line. Delivery is scheduled by the end of 2009.
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Wärtsilä, CSIC and MHI join forces
Wärtsilä, China Shipbuilding Industry Corporation (CSIC) and Mitsubishi Heavy Industries (MHI) are establishing a joint venture to manufacture large, low-speed marine engines in China. CSIC will hold 50% of the joint venture, Wärtsilä 27% and Mitsubishi 23%. The investment will total around 75 million euros, spread over several years and ...
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Matson expands car-carrying capacity
Matson Navigation in the US has signed a $17 million contract with Atlantic Marine Alabama to convert a Matson containership to one that can partly serve as a vehicle carrier. The ?Mokihana? will be converted into a combination container and ro-ro vessel and work begins next April at Atlantic Marine's ...
