Latest News – Page 925

  • News

    PRS granted EU recognition

    2006-10-12T00:00:00Z

    The Polish classification society Polski Rejestr Statków (PRS) has been granted European Community limited recognition, following the publication of European Commission (EC) Decision 2006/660/EC on 29 September 2006. Limited recognition applies to a classification society that satisfies all the requirements of amended EU Directive 94/57/EC, covering ship inspection and survey ...

  • News

    Bohai wins four PCs

    2006-10-12T00:00:00Z

    Bohai Shipbuilding in China clinched order for four product carriers from Nanjing Oil Tankers. The order consists of two 46,000DWT and two 49,000DWT product carriers and deliveries are scheduled between from June to September 2010.

  • News

    Aker wins order for ropax

    2006-10-12T00:00:00Z

    The departmental council of Morbihan (Brittany, France) has confirmed the option to build a second Ropax vessel at Aker Yards, Lorient, a shipyard located in Lanester, Morbihan. It is a sister ship to the ?Bangor? delivered in June 2006. With a capacity of 450 passenger and 32 cars, the newbuilding ...

  • News

    Keppel inks conversion and newbuilding contracts

    2006-10-12T00:00:00Z

    Keppel Offshore & Marine Limited (Keppel O&M) has secured contracts worth a total of $132 million to carry out the conversion of two floating production storage and offloading (FPSO) facilities and the construction of five Anchor Handling Tug/Supply vessels. The conversion contracts were clinched by Keppel Shipyard from regular customers, ...

  • News

    Code of Practice for PSC officers adopted

    2006-10-12T00:00:00Z

    The Port State Control Committee of the Tokyo MOU has adopted a Code of Practice for PSC Officers in line with the Paris MOU. The Code is aimed at ensuring "integrity, professionalism and transparency" in the conduct of Port State Control (PSC) inspections, the Committee said in a press statement. ...

  • News

    India sets up world-class shipyards

    2006-10-11T00:00:00Z

    Two shipyards of international standards are being planned in India and, when completed, they will have the capability to build vessels in excess of 300,000 dwt. At a cost of $656 million each, the intention to build these shipyards will be formally flagged up within the next two weeks when ...

  • News

    Daewoo 2011 strategy

    2006-10-11T00:00:00Z

    Daewoo Shipbuilding has announced its ?2011 Medium Term Strategy? which aims to earn $15.6 billion in turnover by 2011. To achieve the goal, DSME will build 75 commercial ships from shipyards in Korea and abroad with a turnover of $8.3 billion, five offshore facilities at a value of $3.1 billion ...

  • News

    Gdansk demands Gdynia assets

    2006-10-11T00:00:00Z

    The Gdansk shipyard in Poland wants to acquire part of the assets of its former owner to compensate its debts. This, however, may deter potential investors for Stocznia Gdynia shipyard. The first court settlement proceeding will be held in Gdansk. Stocznia Gdanska is demanding that Stocznia Gdynia pays back its ...

  • News

    ABG into rig production

    2006-10-11T00:00:00Z

    With oil exploration and production on the increase, Indian shipbuilder ABG Shipyard is planning to foray into offshore jack-up rig manufacturing. The company is setting up a facility for the production of jack-up rigs at its new shipyard in Dahej, Gujarat."We are in talks with two US-based oil rig manufacturers ...

  • News

    Indian shipowners in expansion mode

    2006-10-11T00:00:00Z

    The state-owned Shipping Corporation of India (SCI) will seal a deal later this month to r acquire six ships at an estimated total cost of over $1 billion. Sources close to development said SCI has plans to acquire 35 more vessels, which requires an investment of $1.3 billion. The company ...

  • News

    CSSC enters yacht building market

    2006-10-11T00:00:00Z

    China State Shipbuilding Corporation (CSSC) and the government of the Fengxian District of the Municipality of Shanghai have signed an outline agreement to establish the country?s largest yacht building facility, in the southern part of the Fengxian District of Shanghai, on the bay of Hangzhou. The first section will occupy ...

  • News

    Third TMT LNG for Daewoo

    2006-10-10T00:00:00Z

    Taiwan Maritime Transport (TMT) has placed an order for a third LNG carrier with Daewoo Shipbuilding & Marine Engineering (DSME) as part of a package of contracts worth $430m. The yard did not give a value for the LNG carrier, but brokers indicated it cost about $234m. The ship, to ...

  • News

    MOL invests in Vietnam

    2006-10-09T00:00:00Z

    Japanese multimodal shipping company Mitsui O.S.K. Lines has planned major investment in Vietnam?s port and shipping industry with the focus on major services such as port logistics, shipping, marine human resource training and vessel repair.The ship repair centre in Vietnam aims to satisfy 10% of the maintenance and repair demand ...

  • News

    Vinashin posts record figures

    2006-10-09T00:00:00Z

    The Vietnam Shipbuilding Industry Corporation (Vinashin) reported an output value of over VND9 trillion ($567 million) and revenues of over VND5.6 trillion ($351 million) in the first nine months of 2006. The figures represented year-on-year increases of 40.7% and 73.3% respectively.In the period, Vinashin signed nearly $5 billion in contracts ...

  • News

    Intertanko proposes fuel switch

    2006-10-09T00:00:00Z

    Intertanko, the association of independent tanker owners and operators ofoil and chemical tankers, is planning to propose that the world's shippingindustry switch from residual fuel to distillate fuel to further reduceseaborne air emission. The Intertanko proposal, which is not yet final and may still be revised,will be made to a ...

  • News

    MARPOL amendments

    2006-10-09T00:00:00Z

    Amendments to MARPOL Annex II and the International Bulk Chemicals (IBC) Code1 come into force on 1 January 2007. The requirements are applicable, to varying extents, to all new and existing ships carrying Noxious Liquid Substances (NLS) and oil-like substances which will be treated as NLS. The main technical change ...

  • News

    First launch at Keppel Kazakhstan

    2006-10-09T00:00:00Z

    Keppel Kazakhstan LLP (Keppel Kazakhstan), a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M), has launched the transportation barge AKKU1, built for Agip Kazakhstan North Caspian Operating Company. The launch marks a significant milestone as AKKU1 is the first offshore vessel ever built in Kazakhstan ...

  • News

    Vinashin wins UK contracts

    2006-10-09T00:00:00Z

    The Vietnam Shipbuilding Industry Group (Vinashin) secured two large contracts worth $800 million with their partners in the United Kingdom. The Vietnamese shipbuilding giant will build 25 ships worth $680 million for Graig Investment Limited. In the other contract, it will build a floating oil tank for the Vietnam Oil ...

  • News

    KOTC to order VLCCs

    2006-10-09T00:00:00Z

    Kuwait Oil Tanker Company (KOTC) plans to build four new crude oil tankers with a total capacity of 1.2 million tonnes. According to the report, each tanker will cost between $120 million to $130 million, depending on technical specifications, while the previous cost was $100 million per tanker. KOTC will ...

  • News

    NITC building six tankers

    2006-10-09T00:00:00Z

    National Iranian Tanker Company (NITC) has ordered six oil tankers for carrying oil from Caspian Sea littoral states to the northern port of Neka, announced head of the company. Three of the 63,000 dwt tankers are under construction at Sadra Shipyard in the port of Neka while the other three ...