Industry News – Page 543
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Aker plans to buy Philly
Aker ASA and Kvaerner ASA have started to collaborate on setting up Aker American Shipping ASA, a company that will own Kvaerner's shipyard in Philadelphia and 10 - yet to be built - product tankers. Aker added that following the company's creation it will consider buying Kvaerner out of the ...
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Dongkuk joins Brazil Plant Project-2
Dongkuk Steel Mill Company will sign a memorandum of understanding with Brazilian partners including iron ore mining giant Companhia Vale do Rio Doce (CVRD), to participate in a $750 million steel plant project in Brazil. Dongkuk, South Korea's second-largest steel plate producer after Posco, will have about 10% stake in ...
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Asry plans expansion
Arab Shipbuilding and Repair Yard (Asry) is to embark on a $15 million expansion, adding three more dry berths to its facilities in Hidd., Bahrain. The new berths, each 140 metres long, would greatly enhance Asry capability in repairing ships of all kinds.The expansion, which now has the approval of ...
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Hamburg Sud orders four container ships
Daewoo Shipbuilding has clinched four 4,000TEU class container ships from Hamburg Sud at a total contract price of $384 million. In April this year, the German shipowner placed an order for six 5,200TEU container ships with the same yard. The four newbuildings will be delivered by December 2008.
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Incat lays keel of first 112-metre cat
Tasmanian fast ferry specialist Incat has laid the keel of the first 112 metre Wave Piercing Catamaran at its new undercover construction facilities. Prefabrication work on the 112 metre catamaran has been in progress for some months and the laying of the first section of hull in the new building ...
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Wärtsilä Auxpac sets for Chinese heavy lifter
Wärtsilä delivered the first two Wärtsilä Auxpac generating sets in April 2005. Introduced in September 2004, Wärtsilä Auxpac is a standard, pre-commissioned generating set designed to provide auxiliary electricity onboard marine vessels. The new concept, with its key advantages of fast and easy installation, proven reliability, and easy maintenance, has ...
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MDL to launch new frigate
The third frigate of Shivalik Class incorporating stealth features, built by Mazagon Dock Limited (MDL) will be launched here on May 27. The two previous frigates of Shivalik Class, also built by MDL, are in an advanced stage of outfitting and would be entering into service from 2007.The frigates are ...
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Daewoo moves into China
Daewoo Shipbuilding will build a hull block factory in Yantai, China, which will be operational from 2007. It will have a capacity to produce 50,000 tonnes in 2007 and 300,000 tonnes from 2016. Total investment is estimated at $100 million. Currently, Samsung is operating a block factory in Ningbo, China.
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Ostsee signs up CS1700 quartet
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 newly developed type Aker CS 1700 with a capacity of 1,706TEU, a deadweight of 24,200 tonnes and a service speed of 20 knots. The ...
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LR publishes guidance on membrane tanks
Lloyd?s Register (LR) has published a set of comprehensive guidelines to help owners, operators and builders of membrane-type LNG tankers to assess the ability of a containment system to withstand sloshing loads. The guidelines are entitled Comparative sloshing analysis of LNG ship containment systems and provide a means of fulfilling ...
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Navibulgar goes local for newbuildings
Bulgarian shipping company Navigation Maritime Bulgare (NMB) and the new shipbuilding consortium Bulyard signed a contract to build three ships at a total cost of EUR 58 million. The three newbuildings are scheduled for delivery in 2007. Navibulgar?s fleet has grown to more than 83 owned ships totaling over 1.8 ...
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Shanghaiguan to build 1M DWT facility
A Chinese Joint Venture company consisting of Shanghaiguan Shipyard in Hebei, Hebei Cosco, Hebei Construction and an unknown steel holding company, has set up Shanhaiguan Shipbuilding Heavy Industries with a capital investment of CNY 2.6 billion ($314 million). The new company will build a 1 million DWT shipbuilding facility by ...
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Daewoo clinches VLCC trio
Daewoo Shipbuilding clinched three 318,000DWT VLCCs from National Iranian Tanker Co at the price of $128 million each with delivery scheduled by October 2009. This is the highest VLCC price achieved for several years. At the end of 2002, the newbuilding price for a VLCC was $63.5 million and $110 ...
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Chinese shipbuilders get more orders
Hudong Zhonghua Shipbuilding has won an order for two 75,000DWT bulk carrier from a Greek ship owner for delivery in September and December 2008. Guangzhou Wenchong Shipyard secured two 1,400TEU container ships from Leonhard & Blumberg Reederei.
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Jiangnan starts construction of new yard
Shanghai-based Jiangnan Shipyard will start construction of a new shipyard on the city's Changxing Island early next month, when the company will be celebrating its 140th anniversary. When completed, the new Jiangnan Shipyard will stretch 4.5 kilometers on the island's southwest waterfront. The four docks of the first phase, for ...
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Rudder cracks in Alaska tankers
BP's two new double-hulled Alaska Class oil tankers are out of service following discovery of cracks in the rudders of both vessels. A spokesman for Alaska Tanker Co., which operates the ships, says that the cause of the cracks remains a mystery. The first of the Alaska Class, the Alaskan ...
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Carnival fits Alstom propulsion systems
The Power Conversion Business of Alstom has been awarded a multi-million euro contract by Fincantieri to supply electric propulsion systems for two new cruise ships, one for Carnival Cruises to be built at the Marghera yard and one for Costa Crociere at the Sestri Ponente yard in Genoa. Both ships ...
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Daewoo sources local valve supplier
Daewoo Shipbuilding will be sourcing its supplies of ultra low temperature valves for LNG carrier from compatriot company Seoheung Metal. Previously, the Korean shipbuilders obtained all its ultra low temperature valves from Europe including France and Belgium. About 500 valves are required for each LNG carrier and Daewoo will start ...
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HHI secures NITC order
Hyundai Heavy Industries has secured an order for eight tankers from NITC (National Iranian Tanker Company). The contract consists of four 317,000DWT VLCCs and four 164,000DWT Suezmax tankers. Hyundai H.I. will build two VLCCs while their Samho yard will build the other six. Deliveries are scheduled for 2008 and 2009.
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IBIA calls on industry to comply
The International Bunker Industry Association (IBIA) has called on the bunker industry to comply with the spirit of Marpol Annex VI in addition to meeting the specific technical requirements laid out in the legislation.Don Gregory, chairman of IBIA, says, "A global cap of 4.5% sets down the maximum sulphur content ...
