Latest News – Page 929
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Tsuneishi expands Cebu yard
Cebu-based shipbuilding company Tsuneishi Heavy Industries Cebu Inc. (THICI) has committed to invest $ 100 million in the expansion of its shipyard in Balamban town in Cebu's western seaboard. THICI, a joint venture between Tsuneishi Corp. of Japan and Aboitiz and Co., has been building 58,000 dwt bulk carriers since ...
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Cosco wins drilling vessel
Cosco has won its first contract to build the hull of a FPSO vessel at a cost of $120 million. The vessel combines drilling, production and storage facilities and is designed for multi-functional use in ultra-deep waters. The vessel will be build at the Cosco Dalian Shipyard and delivery is ...
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BV yacht rules benefit new designs
International classification society Bureau Veritas (BV) has joined forces with leading yacht designers and builders to completely re-engineer its Rules for Classification and Certification of Yachts. The new Rules, launched yesterday, build on BV?s extensive experience with high-technology vessels and materials to provide designers and builders with a safe, pragmatic, ...
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ABS classes first CNG Carrier
US classification society ABS has given full design approval for the class of the compressed natural gas (CNG) carrier designed and developed by Canadian-based Sea NG Corporation. Full approval follows the earlier Approval in Principle (AIP) issued by ABS for the Sea NG design in 1997 and is the first ...
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LASCO receives second Croatian tanker
The Latvian Shipping Company (LASCO) has taken delivery of its second Craotian built products tanker, the 51,800 dwt ?Jurkalne?, from the 3.Maj shipyard. The commissioning ceremony of the first of the 10-ship series LASCO tankers took place in July this year with the handing over of the ?Ance?, while, in ...
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DOF orders Indian pair
DOF ASA in Norway has placed a newbuilding order with Tebma Shipyard Limited in Goa, India, for two supply vessels (PSV), design VS 470 MK II. These 73.40 m long, 3,800 dwt vessels will be delivered in August 2008 and December 2008.
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Austal buys out Bender
Six years after it expanded its operations to the US, Western Australian shipbuilder Austal has bought out its minority American partner in the rapidly growing venture for $20.6 million. The acquisition of the 30% stake from Bender Shipbuilding & Repair Co values the entire operation in Mobile, Alabama, at a ...
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Metalships gets first of North Ocean options
Metalships & Dock, the Spanish shipyard based in Vigo which is a subsidiary of Rodman Polyships Group, has secured the first of two options under a contract to build offshore construction vessels for North Ocean 1 KS, a Norwegian-Dutch joint venture based in Bergen, Norway. This vessel will be some ...
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Mipo wins four PCs
Hyundai Mipo Dockyard clinched four 37,000DWT product carriers from a European ship owner at a total price of $166.4 million. They will be delivered by November 2009.
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Nigeria has plans for local shipbuilding
The Nigerian Navy is making plans to commence shipbuilding locally in the near future with a view to meeting the navy?s requirements. This disclosure was made by the Admiral Superintendent of the Naval Dockyard in Lagos, Rear Admiral Gboribiogha J. Jonah, while receiving a 24-man team of South African Navy ...
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New funds for Polish yard
Stocznia Szczecinska Nowa Shipyard, owned by the Industrial Development Agency (ARP), will cease to receive state guarantees for production financing at the end of the year. Although further subsidies will have to be approved by the European Commission, ARP has found a way out via commercial support. "We have entered ...
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UK CVF programme approaches deadline
Industry stakeholders in the Aircraft Carrier Alliance (ACA) established to deliver the UK's Future Aircraft Carrier (CVF) programme are to submit their latest pricing data on 20 September 2006, a little over a month ahead of a planned Main Gate 2 (MG2) submission to the Ministry of Defence (MoD) which ...
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Fincantieri gets Iraqi patrol vessels
Fincantieri has won an order worth over 80 million euros ($101 million) for the construction of four patrol vessels for the Iraqi Navy. The ships will be delivered within the first six months of 2009, phased at three months intervals one from the other. The newbuildings will be delivered within ...
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Far-reaching effects of MAN bid
At a recent board meeting of Scania AB in Stockholm, the directors unanimously decided to reject an offer from the Chairman of the Executive Board of MAN AG, which could have led to a take-over bid of Scania, the Swedish manufacturer of trucks and buses for heavy transport applications, and ...
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STX to build shipbuilding and block factories
STX will build shipbuilding and block factories in Liaoning, China, and has signed an MOU with the Chinese government to set up an investment plan for this project. STX is currently producing blocks totalling 450,000 tonnes per year and will require 700,000 tonnes by 2008. To meet this increase STX ...
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Flekkefjord gets Solstad order
Solstad Offshore ASA (SOFF) in Norway has signed a letter of intent with compatriot shipbuilder Flekkefjord Slipp og Maskinfabrikk AS for the building of a large construction vessel. The new vessel will have a length of 113m and width of 24m, will be purpose built for the Inspection Maintenance and ...
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Tognum aims to expand market share
Since the sale of the Off-Highway division by DaimlerChrysler AG to EQT, a Swedish financial investor, the Tognum holding company is the group with globally leading companies and brands for diesel and gas engines as well as for complete propulsion systems for ships, heavy land and rail vehicles, industrial propulsion ...
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Danish giant big fan of China
AP Moller-Maersk AS will order 25 vessels from Chinese shipbuilders including Qingdao Qianjin Shipbuilding within the next 12 months, the China Business News reported. Citing an unnamed source from Maersk's China office, the newspaper said that the Danish shipping company signed two agreements last week to buy four 1,800 TEU ...
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TTS wins Ray Carrier contracts
Poland?s Gdynia Shipyard placed two orders with Swedish cargo equipment manufacturer TTS Ship Equipment AB, to supply almost 14,000 tonnes of roro equipment. The orders cover the supply of equipment for a total of eight vessels being built for Ray Car Carriers. The first new order, placed in June 2006, ...
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Wartsila powers Emma Maersk
The largest container ship built to date, the 11,000 TEU ?Emma Maersk?, is propelled by a Wartsila developed 14-cylinder RT-flex96C engine, the worlds most powerful engine in service with an output of 80,080 kW at 102 rpm.Traditionally low-speed marine engines have been built with a maximum of 12 cylinders. However, ...
