Industry News – Page 538
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STX to enter LNG market
STX Shipbuilding will enter into the LNG carrier newbuilding market and has signed a technology supply agreement with Gaz Transport & Technigaz S.A. earlier this year. At present, STX has completed setting up the relevant organization for production of cargo tanks and is developing a design for a 155,000 cbm ...
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Bulyard wins two-ship order
The new shipbuilding consortium Bulyard and Cyprus-registered Bulcon have signed a letter of intent for one 9,300DWT and one 42,000DWT general cargo ships worth $35 million. In May, Bulgarian shipping company Navigation Maritime Bulgare (NMB) and Bulyard signed their first mutual contracts for the building of 3 ships valued at ...
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Korean Navy launches LPX
South Korea will launch a 13,000 tonne large-deck landing ship as part of its naval force improvement programme. The amphibious ship, called LPX, was unveiled at Hanjin Heavy Industries shipyard in Busan and is the first of the two LPXs the Navy plans to develop by 2010. The new LPX ...
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DFDS orders roro duo
DFDS has signed a 10-year time-charter deal with an option on a further three years for two ro-ro vessels with Macoma Shipping Ltd. The vessels will be built at the Jinling Shipyard in Nanjing, China, and delivered late 2007 and early 2008, respectively. Both vessels have a capacity of 3,343 ...
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World class patrol vessel for India
The Indian Coast Guard has received a new patrol vessel, built at Goa Shipyard, named ?ICG Kasturba Gandhi? and is claimed to be the fastest of its type in the world. The 48 metre long ship has a displacement of 260 tonnes and is capable of cruising at a speed ...
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Turkey to build Freedom City
The "floating city", one of the world's largest newbuilding projects, will be constructed in Isdemir Port in the Gulf of Iskenderun on the Eastern end of the Turkish Mediterranean coast, at a cost of $11 billion. Although no contract has been signed yet, negotiations with Turkish authorities have been going ...
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GEM doubles fleet
Dubai-based Gulf Energy Maritime (GEM) took delivery of the second of four vessels it has on order from Korean shipbuilder, Hyundai Heavy Industries, in a deal which has seen the tanker operator double the size of its fleet in only one year of operations. GEM is a joint venture in ...
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MHI develops new low-speed engine
Mitsubishi Heavy Industries has developed a new low-speed marine diesel engine, the UEC50LSE, in cooperation with Wärtsilä Switzerland Ltd. MHI initially reached an agreement with Wärtsilä in November 2002 toward joint development of marine diesel engines and the 6-cylinder UEC50LSE is the first fruit of their collaborative effort. After verification ...
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Container screening device developed
Electronic Sensor Technology, Inc., has developed a new technique for screening cargo containers. To date, the most reliable way to search for illicit materials in cargo containers is by manual inspection and, partly because of the time-consuming nature of this procedure, very few containers (less than 4% of the 6 ...
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MHI bids for Westinghouse
Mitsubishi Heavy Industries (MHI) is bidding to buy Westinghouse Electric of the USA and has begun negotiations with the UK-based BNFL which owns Westinghouse. The two sides could reach a deal, estimated at $1.79 billion, later this year. If successful, it would be the first overseas acquisition for the Japanese ...
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Steel plant for Venezuela
Venezuela's state-run Ferrominera del Orinoco and Italy's Danieli Spa signed a $570 million agreement for the construction of steel plant in eastern Venezuela. A government official said the factory would produce steel used for ship building in Venezuela, which is looking to expand its fleet of oil tankers. Although no ...
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World largest container ship delivered
The largest container ship to date, the 9,200TEU MSC Pamela, was recently delivered by Samsung to Offen. Measuring 337 metres long, 46 metres wide and 24.6 metres draught, the newbuilding is powered by a 72,240kW MAN B&W 12K98MC diesel engine giving a service speed of 26 knots.
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Doosan to build plant in China
Doosan Engine, a South Korean manufacturer of marine diesel engines, will establish an engine parts complex in China by 2008. The company plans to construct the complex on a 330,000 square metre site in the Dalian Economic Development Zone in northeastern China. It will first accommodate machinery that will produce ...
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Shanghai engine jv launched
The Hudong Heavy Machinery Company has launched a marine diesel engine joint venture in Shanghai with China State Shipbuilding Corp. (CSSC) and Mitsui Shipbuilding Co., (MSC) of Japan. The joint venture has a total investment of $144.9 million and will have an annual diesel engine capacity of one million bhp ...
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PDVSA orders tankers from Argentina
Petroleos de Venezuela SA (PDVSA) has ordered two product tankers from a shipyard in Argentina at a cost of $120 million according to Norwegian shipbroker Fearnleys AS. The 75,000DWT tankers will be built at the Buenos Aires-based Astilleros Rio Santiago and delivered to PDVSA's shipping unit, PDV Marina, in 2007. ...
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Ulstein wins X-Bow contracts
The first orders have been placed for platform supply vessels (PSVs) with Ulstein?s X-Bow design which was launched in April. Bourbon Offshore Norway has contracted for the construction of two Ulstein PX105s; earlier this year the owner ordered the first anchor handling vessel with this type of bow, an AX104.According ...
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Exmar orders a 4th LNG
Exmar, a leading operator of gas tankers, has confirmed an order for a 4th liquefied natural gas regasification vessel (LNGRV). The 150,900m3 vessel, to be delivered in the 1st quarter of 2008, will be built by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) as Hull No. 2254 and named ...
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Fratelli Neri tug power
MAN B&W Diesel A/S, Denmark, has been awarded the contract to supply a twinL21/31 propulsion engine package for a 30m Italian tractor tug newbuilding. This is the first tractor tug application for the 1,000 rpm L21/31 engine design following sales of 280 units, the majority for GenSet applications and the ...
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Kongsberg gets gas order
Kongsberg Maritime has won orders, valued at approximately MNOK 100 (US$15.25 million), for automation and control systems for eight LNG carriers. The orders are for vessels to be built in South Korea by Samsung Heavy Industries and Hyundai Heavy Industries for international shipping lines, with delivery scheduled from early 2006 ...
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Wärtsilä?s China factory inaugurated
Wärtsilä has inaugurated its new, state-of-the-art production plant in Wuxi, China.The factory, Wärtsilä Propulsion (Wuxi) Co Ltd, is Wärtsilä's first wholly-owned production venture in China and is focusing on the manufacture of Lips-brand transverse thrusters. Lips transverse thrusters, with both controllable and fixed-pitch propellers, cover a power range from 450 ...
