Industry News – Page 542
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Nor-Shipping
During next week the Motor Ship editorial team will be at NorShipping and there will be no daily news updates. However, if any readers are attending NorShipping, we will be pleased to welcome you to the Motor Ship stand in Hall D01-31.The daily website news service will resume on Monday ...
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RINA and Indian Register join warship forces
Italian classification society RINA and the Indian Register of Shipping (IRS) have joined forces to deliver expertise to navies for warship construction and maintenance. The two class societies will jointly promote, develop and provide technical and advisory services for naval ships. Warships classed as a result of joint activities will ...
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First Chinese ship for Taiwan
The first ocean going ship built in mainland China for a Taiwan company will sail on its maiden voyage from Shanghai to South Africa on 10 June. The 289 metre 175,000DWT Cape size bulk carrier named ?China Peace? was built at Shanghai Waigaoqiao Shipbuilding (SWS) for Taipei-based China Peace Shipping ...
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EC scrutinizes Polish shipyards
The European Commission has decided to open formal inquiries into public support for three Polish shipyards in Gdynia, Gdansk and Szczecin. The restructuring aid granted to these yards will be scrutinized in the light of EC Treaty rules on state aid, and in particular the rules on state aid to ...
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EC approves restructuring of Spanish shipyards
The European Commission has conditionally approved, under the terms of the EC Treaty's rules allowing member states to take measures to protect essential security interests linked to defence industries (Article 296 of the EC Treaty), a reorganisation of the Spanish public military shipyards. EU regulators police state aid to make ...
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Williamstown waits for second round
Two further bidding rounds could put Tenix, the Williamstown dockyard operators, back in the business of building Australia's air warfare destroyers. Tenix confirmed that it would bid for contracts to build 70% of the modules from which the hulls of the three destroyers will be constructed.It also confirmed that it ...
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DD(X) scale model testing successful
The DD(X) national team, led by Northrop Grumman and in partnership with Raytheon, General Dynamics, United Defense and Lockheed Martin, has successfully completed the underwater explosion (UNDEX) testing on the DD(X) quarter scale model. This test provided a critical step in demonstrating that the revolutionary multi-mission destroyer DD(X) wave piercing ...
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ASC wins destroyer battle
The Australian Federal Government has chosen ASC Shipbuilding as the preferred shipbuilder for the Australian Navy's air warfare destroyers (AWDs) worth up to A$6 billion ($4.5 billion). The government made the decision after accepting the unanimous recommendation of the ?source selection board? on the basis that ASC Shipbuilders offered a ...
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Keppel acquires Nantong facility
Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), the offshore and marine arm of Keppel Corporation Limited, has entered into an agreement to acquire an existing shipyard in Nantong, China, for specialised shipbuilding. Total consideration for the assets is $5.4 ...
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Aker gets Color Magic
Aker Yards and Color Line have signed a contract to build a sister vessel to ?Color Fantasy?, the worlds largest cruise ship with car deck, that was delivered in December 2004. The agreement includes an option to purchase a third vessel. The newbuilding will be named ?Color Magic? and will ...
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STX clinches Parakou PCs
STX Shipbuilding has clinched three 51,000DWT product carriers from Parakou Shipping in Hong Kong for a total contract price of $132 million. They will be delivered by June 2007.
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Warship spoils to be divided
Melbourne-based shipbuilder Tenix is favoured to win the lion's share of work to build three new navy destroyers for the Royal Australian Navy worth $6 billion. The deal, likely to be announced today, will probably also award some work to the Adelaide-based, government-owned, Australian Submarine Corporation (ASC) which has been ...
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Samsung and MISC to build LNG repair shipyard
Samsung Heavy Industries is examining a proposal to set up an LNG ship repair yard in conjunction with Malaysia International Shipping Corporation Berhad (MISC), a subsidiary of Petronas. The South Korean shipbuilder is also reviewing proposal from China Shipping Group to build and operate a large shipbuilding facility in China. ...
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ABG Shipyard concludes funding
ABG Shipyard in India (ABG) has concluded a $32 million equity funding. The private sector shipyard would use the funding to expand its shipbuilding facilities to meet the anticipated demand for new ships at a cost of $103 million.The balance funding for the expansion project, which is expected to be ...
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Keppel to build two semis for Maersk
Keppel FELS Ltd, the wholly owned subsidiary of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract to build two semi-submersible drilling platforms at S$780 million for AP Moller-Maersk (Maersk). The two development deepwater semis are expected to be delivered in 2008 and 2009 ...
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MOL orders LNG carrier
MOL in Japan, together with Tokyo Gas Co, has ordered a 145,000 m3 Moss type LNG carrier from Kawasaki Shipbuilding for delivery in March 2008. Including those under construction, MOL operates a total of 63 LNG carriers. With the latest agreement, MOL will manage and operate four carriers serving the ...
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Shandong aims to expand shipbuilding yards
Shipbuilding enterprises in east China's Shandong province are presently holding orders for 120 new ships with a contract value totalling $566 million. About $430 million of the shipbuilding orders are for export which represents a 4-fold increase year-on-year. The province has seized the opportunity to expand ship production as ...
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Bharati bags Norwegian contracts
Bharati Shipyard in Mumbai, India, has bagged contracts from Sea Cargo Skips AS and Nor Lines AS, both from Norway, to supply two multi-purpose container vessels each, with an option for eight more. The orders calls for four 5,000DWT RORO/Pallet /Container vessels, at a total value of $57.50 million. Sea-Cargo ...
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GBS take shape at IMO's MSC
Basic principles and goals for goal-based standards (GBS) for new ship construction were agreed in principle by IMO's Maritime Safety Committee (MSC) when it met at the Organization's London Headquarters for its 80th session from 11 to 20 May 2005.Other important issues on the MSC agenda included the adoption of ...
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Dubai Drydocks starts newbuildings
With the push of a button a $40 million vessel building programme was launched at the Dubai Drydocks recently. As the plate-cutting machine started up, the first steel plate was cut for the first unit in a four-ship series of 6,200DWT double hulled bunker tankers. These are being built for ...
