Industry News – Page 533

  • News

    Ukraine shipyard incident

    2005-08-11T00:00:00Z

    Two workers were killed and another 12 injured as a result of an incident at Damen's Okean Shipyard in Nikolaev, Ukraine. The incident occurred on one of the vessels under construction when a fire-control system depressurized releasing carbon dioxide into the space where 14 employees were working. Two died immediately ...

  • News

    Russia to consolidate naval yards

    2005-08-11T00:00:00Z

    Russia?s Federal Agency for Industry plans to unite all shipyards that build surface navy ships and submarines into two holdings thereby putting state interests above that of the shipyards? private shareholders, Izvestia daily reported. The decision is dictated by security reasons, the state officials say. The paper said that the ...

  • News

    Three bid for Oman OPV programme

    2005-08-11T00:00:00Z

    Three shipbuilders have been invited to present revised proposals for Oman's Project Khareef Ocean Patrol Vessel (OPV) programme. Schelde Naval Shipbuilding in Netherland, Daewoo Shipbuilding & Marine Engineering in South Korea and VT Shipbuilding in the UK were, earlier this year, short-listed to enter the final phase of competition for ...

  • News

    India considering extending shipbuilding subsidies

    2005-08-11T00:00:00Z

    India?s shipping ministry plans to extend the shipbuilding subsidy scheme by another five years to 2012. The ministry is preparing a cabinet note for this purpose saying that it is examining whether the same magnitude of subsidy should be given or not. Under the current policy, 30% subsidy on the ...

  • News

    Dubai Drydocks awarded FPSO conversion

    2005-08-11T00:00:00Z

    Dubai Drydocks (DD) has been awarded a $25 million contract to convert a VLCC into a floating production storage and offloading (FPSO) vessel. Work on ?Knock Adoon?, a 240,000 DWT oil tanker owned by Fred Olsen Production (FOP), will begin in early November and be completed within 12 months. The ...

  • News

    HHI wins 9,700TEU quartet

    2005-08-11T00:00:00Z

    Hyundai Heavy Industries has clinched four 9,700TEU container ships from C. P. Offen at the price of $ 530 million for delivery by 2008. Ship particulars are 350m in length, 42.8m in breadth and 27.2m in depth. Hyundai will also build the 68,332kW main engines for these newbuildings to give ...

  • News

    Mipo earnings improved

    2005-08-10T00:00:00Z

    Hyundai Mipo Dockyard in South Korea reported that it earned $900 million in turnover for the first half this year compared with 658 million for the same period last year. Its operating profit increased by 4.3% to $67 million.

  • News

    Lisnave gets UltraStrip

    2005-08-10T00:00:00Z

    UltraStrip Systems Inc., the developer of high production, environmentally friendly robotic ship-hull cleaning equipment, has agreed to a five-year agreement with Tecor-Tecnologia Anticorrosao SA to be the exclusive ultra high pressure water jetting contractor at the ship repair yard of Lisnave Estaleiros Navais in Portugal. The agreement reflects the shipping ...

  • News

    New PSV for GE Shipping

    2005-08-10T00:00:00Z

    Great Eastern Shipping Company Ltd (GE Shipping) in Mumbai, India, has taken delivery of a new platform supply vessel (PSV), named ?'Malaviya Twenty Four?' from the Indian shipbuilder, Bharati Shipyard. The vessel was contracted by the company in September 2003 and is the fifth PSV in GE?s fleet. With the ...

  • News

    NACKS expands

    2005-08-10T00:00:00Z

    NACKS, the Chinese shipbuilder, recently won approval from the government on the construction of a 500,000DWT dry dock and work is scheduled to start in the autumn on this $247 million project. When the new VLCC dock is completed in 2008, it will produce 1.54 million DWT per annum ...

  • News

    South Vietnam?s biggest vessel launched

    2005-08-10T00:00:00Z

    Saigon Shipbuilding Industry Company, a subsidiary of the country?s state-owned shipbuilder Vinashin, has launched a 6,500 DWT dry cargo vessel for as local shipping comapny. Named ?Saigon Queen?, this newbuilding is claimed to be the largest built to date in the country?s southern region of Ho Chi Minh City.

  • News

    New hope for Birkenhead

    2005-08-10T00:00:00Z

    A six-month breathing space has been agreed to secure the future of ship repair work at the former Cammell Laird yard in Birkenhead. Site owner Reddington Finance has awarded a licence for six months for Liverpool-based Mersey Heritage Shiprepair to carry on trading. This will give the yard?s management breathing ...

  • News

    Fincantieri gets Tallink job

    2005-08-10T00:00:00Z

    Fincantieri and Tallink have reached an agreement to build two new generation, high performance, ice-class cruise ferries, one of which is an option. They will be very similar to the two ferries recently ordered by the Estonian ferry company from Aker Finnyards. The ships? main features are 36,000 gross tonnes, ...

  • News

    Pertamina plans six new tankers

    2005-08-08T00:00:00Z

    Indonesia's oil and gas company Pertamina plans to buy six new oil tankers next year to enlarge its fleet. The company will allocate between $60 million and $70 million next year to build six new tankers ranging from 6,500 to 35,000 DWT. A spokesman for the company did not indicate ...

  • News

    HHMC production increases

    2005-08-05T00:00:00Z

    Hudong Heavy Machinery Co (HHMC) in China has produced 35 low speed marine diesel engines with a total output of 549,000 bhp for the first half this year, 18.4% up in terms of bhp. The engine maker achieved year-on-year growth of 29.3% in industrial output to $94 million and won ...

  • News

    Iridium wins security contract

    2005-08-05T00:00:00Z

    ZOCA Container Security BV has developed an innovative approach to preventing unauthorized opening of shipping containers, a serious problem in today?s shipping industry. The ZOCA approach taps Iridium satellite data links to control the containers? locking devices remotely. The ZOCA system consists of a strong mechanical tamper-proof lock, which can ...

  • News

    Scottish yard faces closure

    2005-08-05T00:00:00Z

    In the latest of a series of setbacks, Ferguson Shipyard in Port Glasgow has lost out on an order from the Aberdeen-based Fisheries Research Services for a new fisheries vessel. Once again, however, the Polish yard of Remontowa has snapped up an order form Scotland despite political pressure on the ...

  • News

    Vinashin wins UK handy bulker contract

    2005-08-05T00:00:00Z

    The Hai Phong-based Pha Rung shipyard, a member of the Vinashin group in Vietnam, signed a contract worth $06 million to build four 34,000 DWT dry bulk carriers for the Graig group of Britain. This deal was first muted in the April 2005 issue of the ?Motor Ship? which reported ...

  • News

    Daesun wins feeder duo

    2005-08-04T00:00:00Z

    Daesun Shipbuilding in South Korea has won a $44 million order for two 1,000TEU container ships from an unspecified Korean shipping company for delivery in 2008.

  • News

    New ship repair facility in China

    2005-08-04T00:00:00Z

    Daeyang Shipping in South Korea plans to build a ship repair facility in the Dagoshan Zone of Dalian Development Area in China. Total space of Dalian Daeyang Shipbuilding Corp will be 550,000 m2. The ship repair facilities will include a 200,000DWT dry dock, a 150,000DWT dry dock and five wharfs. ...