Latest News – Page 932
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PMA seeks revisions to ISM Code
According to an exclusive report by Fairplay, the Panama Maritime Authority (AMP) is to make recommendations to the International Maritime Organisation (IMO) that revisions be made to the ISM Code in particular with respect to the incorporation of drills that recreate real, practical scenarios.These recommendations come as the AMP presents ...
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Third enhanced Enterprise drillship ordered
Chevron has awarded Transocean a drilling contract for the construction of an enhanced Enterprise-class drillship, the third such contract award for Transocean in 2006 and the second contract award from Chevron, following a five-year contract for the construction of the Discoverer Clear Leader announced in March 2006. The enhanced Enterprise-class ...
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Polish restructuring plans not convincing
The European Commission is still awaiting details from Poland on government subsidies for shipyards after warning Warsaw that failure to reply could force the EU to demand the troubled yards repay the funds. Poland missed a 31 August deadline to provide more information to prove that the aid was legal ...
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STX clinches Russian PCs
STX Shipbuilding has clinched three product carriers from a Russian ship owner at a total value of $160 million. They will be delivered by May 2009.
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Daewoo wins Angola order
Daewoo Shipbuilding clinched a DPP (Drilling and Production Platform) from Chevron Corp valued at $1.27 billion. The 85,000 tonne DPP will be the world?s largest offshore plant order in terms of value and the facility's size and will be delivered to Chevron?s subsidiary in Angola, Cabinda Gulf Oil Company, in ...
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RCC buying Pullmantur
Royal Caribbean Cruises Ltd. is expanding in Europe and Latin America by purchasing Pullmantur, the largest cruise ship operator in Spain with five cruise ships.In addition to its cruise ships, Pullmantur has a tour operation that sells vacation packages to Caribbean resorts to Spanish customers, and European tour packages to ...
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Aker builds two more Nordcapital PSVs
Nordcapital Holding in Hamburg, Germany, and Aker Yards have signed a contract to build another two Platform Supply Vessels (PSVs) of the type UT 755 LN. The two newbuildings are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The ...
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Hyundai expands Chinese facilities
Hyundai Corporation has completed the slipway construction of Qingdao Hyundai Shipbuilding Co., Ltd, an acquired shipyard in China, and announced its mid- to long-term development plan. The newly constructed ?number four? slipway has the capacity to build a 25,000 dwt ship.Hyundai has laid out plans to continuously expand its shipbuilding ...
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Poland will give EU shipyard response
The future of Poland's shipyards featured high in the Polish prime minister?s meeting and press conference with EC president Jose Manuel Barroso. The issue is one of the most contentious in strained relations between Poland and the EU.Under EU rules, governments can support struggling businesses, but only if they can ...
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KDB to unveil Daewoo sale
Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering DSME), will announce in early 2007 a plan to sell the world's No. 2 shipbuilder, the bank's governor said on Monday. State-run KDB and government restructuring agency KAMCO jointly own half of the shipbuilder, one of former ...
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Steel distributors interested in Polish yards
KEM and Zlomrex, which deal in steel and scrap trade, have expressed an interest in investing capital in, respectively, Gdanska and Szczecinska Nowa shipyards. They are the latest in a growing number of private investors interested in the booming shipyard market. Several months ago, Roman Karkosik said he was interested ...
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Dolphin dives into ship-building
Dolphin Offshore Enterprise (DOE) in Mumbai, India, is in negotiations with three Gujarat-based companies to acquire a shipyard. DOE is having discussion with Gujarat government owned Alcock Ashdown besides two privately held companies based in the state including one in Jamnagar.DOE plans to invest $35 million in buying ships and ...
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SFPA selects IBS for new vessel
Northrop Grumman has received orders to supply bridge navigation and communication electronics for a new offshore fisheries patrol vessel under construction for the Scottish Fisheries Protection Agency (SFPA). The equipment, to be supplied by Northrop Grumman?s Sperry Marine business unit, will include a complete networked system that ties together all ...
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Makin Island christened
The United States Navy recently christened the Makin Island (LHD 8) amphibious assault ship in Pascagoula, Miss. at Northrop Grumman Ship Systems. The Makin Island, which is powered by two GE LM2500+ gas turbines coupled with GE main reduction gears, was design and built by Northrop Grumman.According to Karl Matson, ...
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State stalling ferry purchase
A Tacoma shipbuilder has filed a claim against the state Department of Transportation and Washington State Ferries alleging they have intentionally stalled the purchase of four new ferries to replace ships that are nearly 80 years old.J.M. Martinac Shipbuilding also claims that Transportation Secretary Doug MacDonald has waged a vendetta ...
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CSE seeks funding and labour costs cuts
Canadian Shipbuilding & Engineering Ltd. (CSE) will seek government money, cut labour costs and restructure before resorting to a sales process if necessary, the monitor overseeing its bankruptcy protection said in court documents. CSE was formed 20 years ago by the merger of the shipbuilding and repair divisions of two ...
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Davie shipyard assets to be liquidated
Norway's Teco Management has failed to meet the conditions for the purchase of the struggling Davie Industries shipyard in Canada and the trustees behind the facility say it will be liquidated. Thibault Van Houtte and Associates Ltd., the trustees of the shipyard, said in a statement that Teco did not ...
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BV links up with VR
Bureau Veritas (BV) has joined forces with the growing Vietnam Register (VR)and have agreed to co-operate on the following services:classification/certification surveys of construction, transformation and major repairs of vessels and offshore structures, holding or intended to hold the dual classification/certification VR/BV, or the single classification/certification VR or BV ;classification/certification surveys ...
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Saigon Shipmarin to build first export vessels
The Saigon Shipbuilding and Maritime Industry Company (Saigon Shipmarin) signed a contract with Japan's Kanematsu Corp. to build two 6,500-tonne general cargo vessels. These are the first vessels that the shipyard, a member Vinashin, will be building for export. The first vessel is expected to be handed over in March ...
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Pan-United secures Malaysian contracts
The Singapore shipbuilder Pan-United Marine has won two shipbuilding contracts worth $25 million from Malaysia's leading offshore fleet operator Bumi Armada Navigation. The contracts involve the construction of two maintenance work vessels and are the third and fourth vessels ordered by Bumi Armada. They will be built in Pan-United Marine's ...
