Industry News – Page 540
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Gearbulk gets world's largest liquid pitch carrier
Dubai Aluminium Company (Dubal), one of the world?s largest aluminium producers, has entered into a 10-year chartering agreement with Gearbulk for the world's largest liquid pitch supply vessel with deadweight of 15,000 tonnes.The $32 million vessel, ?Sunbird Arrow?, built by Tokushima-based Japanese shipbuilder Kanrei Shipbuilding, was floated on May 24, ...
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Asry expands
The Arab Shipbuilding and Repair Yard (Asry), in Bahrain, is going ahead with a $15 million expansion, entailing the construction of three new berths, each 140 metres long, and will greatly enhance the yard?s capability in repairing ships of all kinds.The expansion means that Asry would be able to accommodate ...
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Wilhelmsen acquires Unitor
Wilh. Wilhelmsen ASA (WW) has reached agreement on acquiring 90.4% of the shares in Norway?s Unitor group. This acquisition accords with WW?s strategy of developing its Wilhelmsen Maritime Services(WMS) subsidiary into a leading global player in the maritime services sector.The deal has been concluded with Unitor?s principal shareholders, Umoe Industri ...
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MAN B&W and CSIC intensify cooperation
The MAN B&W Diesel Group and the China Shipbuilding Industry Corporation (CSIC) agreed upon comprehensive cooperation with regard to the development and production of large diesel engines. The frame agreement, which was recently signed in Munich, also provides for close cooperation in the purchase and production of components, personnel training ...
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Aker to build four more CS2700
Aker Yards has been awarded contracts to build four container vessels for König & Cie. GmbH und Co. KG in Hamburg. The vessels are of the type Aker CS 2700. The total contract value is approximately EUR 170 million. König & Cie. have so far, in 2005, ordered four 2,700 ...
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CSC proposes spinning off bulk operations
China Shipping Development Co. said its parent company is considering a restructuring that could involve spinning off its dry bulk cargo operations into a separately listed company. In a legal notice responding to recent press reports, the company said its parent, China Shipping (Group) Co. (CSC), is considering having its ...
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Austal wins NSW police contract
Following a detailed review and tender process, Austal has been has been awarded a contract for the design, construction and supply of six 16 metre aluminium monohull vessels for the Water Police in the Australian state of New South Wales.This order will add to the previous Austal delivery of two ...
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NCL places double engine order
The MAN B&W Diesel Group, Augsburg, will supply a total of 10 medium-speed diesel engines to the German shipbuilder Meyer Werft for two more cruise vessel newbuildings of Norwegian Cruise Line (NCL). The 12V48/60B engines, each with an output of 14,400kW (19 600 HP), will be built in Augsburg and ...
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China's shipbuilding to exceed 10 million DWT
China is expected to build ships totaling more than 10 million DWT for the first time in its history, said an official in charge of the country's shipbuilding sector. Zhang Guangqin, vice-director of the Commission of Science, Technology and Industry for National Defense (CSTIN), said the figure would represent an ...
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Government to sell stake in DSME
Daewoo Shipbuilding and Marine Engineering (DSME) is likely to be sold to a local buyer following a decision by South Korea?s government to sell its controlling stake in the shipyard. The deal could raise billions of dollars and offer a chance for domestic private equity groups to secure a big ...
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Mipo wins four product carriers
Hyundai Mipo Dockyard wins four 46,000DWT product carriers from Gulf Navigation Group at a cost of $54 million each. Delivery is scheduled by April 2009.
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China invests in Czech yard
Hundreds of jobs will be created in Decin, Czech Republic, where Hudong-Zhonghua Shipbuilding Group of China wants to invest CZK 1.3 billion ($52.5 million) to extend shipbuilding production at the Ceske Lodenice shipyard. A preliminary plan forecasts that Ceske Lodenice could employ 500 people next year and up to 1,500 ...
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UK government backs Ferguson bid
The European Commission is investigating claims that three Polish shipyards are being supported by government subsidies, in breach of EU competition rules. Scottish Office Minister David Cairns said UK Trade Minister Alun Michael had agreed to take the concerns to Europe. Cairns said the contract to build two fisheries protection ...
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Two new feeders E.R. Schiffahrt
Two new 2,824 TEU feeder container ships for E.R. Schiffahrt were named at Hyundai shipyard in Ulsan, South Korea. These newbuildings named ?E.R. Malta? and ?E.R. Malmo? are part of the current newbuilding programme of the Hamburg-based shipping company, a subsidiary of the Nordcapital Group. E.R. Schiffahrt now has a ...
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Navy to test new E-craft
The US Navy hopes to test a new catamaran design capable of sailing at speed through stormy seas and landing on hostile beaches by putting it to work ferrying commuters from the Mat-Su to Anchorage in Alaska. Matanuska-Susitna Borough officials recently met with the Navy and Lockheed Martin in Anchorage ...
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Mipo launches first ships from No.1 Dock
Hyundai Mipo Dockyard in South Korea launched its first two ships from No.1 Dock which was converted for newbuildings earlier this year. The newbuildings involved are a 52,800DWT product carrier (Hull No. 0306) for Western Petroleum and a 47,000DWT product carrier (Hull No. 0430) for OMI.
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Voith enters PSV market
The Norwegian shipowner ?stensj? Rederi AS has placed an order with Voith Turbo Marine (VTM) for two Voith Schneider Propellers (VSP) for a Platform Supply Vessel (PSV). The 85 metre long vessel will be built at Astilleros Gondan shipyard in Spain and the ship was designed by Skipsteknis in Norway. ...
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Boeing signs up Teekay
Teekay Shipping and Connexion by Boeing, a business unit of Boeing, announced the signing of an agreement that makes Teekay the international launch customer for the Connexion by Boeing Maritime Service. The maritime service allows vessels in mid-ocean transit to experience global high-speed communications at affordable rates. For the first ...
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IACS presents united front
On 13 June, the ceo's of the members of IACS met to discuss the progress of IACS?s common rule developments for oil tankersand bulk carriers, and agreed that: 1. The implementation date of common rules will take place for all members on 1 April 2006,2. with adoption the rules will ...
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New reefers for Eimskip
Eimskip, the Icelandic shipping company, has entered into shipbuilding contracts for the construction of two highly sophisticated reefer vessels for a total purchase price of $39.6 million, with an option of ordering four more. This order is part of Eimskip?s and its Norwegian subsidiary, CTG, plans to enhance its temperature-controlled ...
