Latest News – Page 947
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Kakinada plans shipyard
The port of Kakinada, located in south-east India on the Godavari river delta, is planning to establish a privately owned shipyard and an announcement regarding this project is to be made by the government later this year. Due to unavailability of land in the waterfront area, the shipyard will have ...
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MacGREGOR to supply Japanese shipbuilder
MacGREGOR will supply the Japanese shipbuilder, Shin Kurushima group, with RoRo equipment for 45 newbuildings. MacGREGOR?s new long-term agreement with Shin Kurushima covers design and manufacture of cargo access equipment for car carriers that will be built at the Toyohashi Shipbuilding and Shin Kurushima Dockyard. The 4,000 to 6,500-unit size ...
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Russia launches new stealth corvette
A new stealth corvette with special technology for low detectability by radar has been launched in Russia. The Steregushchy corvette is the first in the Project 20380 series designed by the Almaz Central Marine Design Bureau and being built at the shipyard. Navy Commander Admiral Vladimir Masorin said at the ...
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Stocznia Gdanska ready to operate alone
Stocznia Gdanska in Poland would like to see the government agency and its own employees as the new investors of the shipyard by the end of May. Whoever the investors are, the company must start to operate on a stand-alone basis without Stocznia Gdynia.Stocznia Gdynia hopes to receive offers from ...
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Nexus and APL join forces
With the successful private placement in Nexus Floating Production Ltd., Nexus will issue 13.0 million shares of which 40% will be owned by the Norwegian based APL ASA which has invested $52 million in the placement. Carl Arnet, CEO of APL states that "We are proud to give birth ...
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STX looks to expand in Vietnam
South Korean shipbuilder STX is surveying locations in Ninh Hoa District in the Khanh Hoa Province in Vietnam to build a 350-hectare shipyard. The planned shipyard, which is projected to cost $500 million, will be able to build ships of 120,000 DWT or larger.
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Exmar enters offshore production market
Exmar, the Belgian shipping group, is going ahead with the OPTI-EX Floating Production System and is also considering a separate listing of its offshore division. The company has signed a letter of intent with Kiewit Offshore Services (USA) for the construction of one semi submersible hull, with an option for ...
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Incat wins Spanish order
The Tasmanian shipbuilder Incat has secured a contract to supply a new fast ferry for one of Spain?s largest shipping companies, Acciona Trasmediterr?nea. When delivered in August, the new 98 metre vessel (Incat hull number 062) will become the fourth Incat craft to enter service for Trasmediterr?nea, joining near sisters ...
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Mipo clinches four general cargo ships
Hyundai Mipo Dockyard in Korea clinched four general cargo carriers at a total price of $244 million. Ordered by the Norwegian shipping company Grieg International, they will be delivered by February 2010.
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Oman orders Austal cats
The Sultanate of Oman and Austal signed a contract for two 65 metre, 50 knot, multi-purpose passenger-vehicle catamaran ferries. The identical aluminium vessels, scheduled for delivery in 2007 and early 2008, have the capacity to carry 203 passengers and 56 cars or 54 lane metres of trucks plus 40 cars. ...
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Korea plans investment in marine technology
South Korea plans to invest $3.4 billion over the next 10 years to nurture the nation's marine technology, the government said recently. A total of $3 to $4 billion will be spent each year until 2015 on 47 key areas to narrow Korea's technology gap with more advanced countries to ...
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RINA academy shares experience
Italian classification society RINA has launched a series of dedicated training courses for ship operators and shipyards, under the banner of the RINA Academy. Courses are currently available in the RINA head office in Genoa, in China and as customised packages on site for clients. Two dedicated training centres will ...
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DD(X) programme axed
News that the US Navy's new destroyer/cruiser replacement ? DD(X) ? has been axed comes as a major blow to the Navy and to the US military in general. DD(X) has been described as the Navy's ?must have ship? to replace both the Burke-class guided missile destroyers and the Ticonderoga-class ...
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New ROV support vessel for Fugro
The Dutch-based company Fugro has signed a long term charter agreement (with a purchase option per 2013) with E Forland Shipowners for a new-build ROV offshore construction and subsea support vessel. The vessel will be delivered in February 2008 and is largely based on the same design as the earlier ...
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Halul signs deal for quartet
Halul Offshore Service (HOSC), a leading Qatari offshore support services company, has signed a contract with a Singapore-based ship builder for the construction of four safety standby vessels at a cost of about $16m. The newbuildings shall be classed by ABS and built by Pacific Ocean Engineering Pvt Ltd, Singapore, ...
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Venezuela?s tanker expansion
Following yesterdays announcement that China State Shipbuilding Corp. and China Shipbuilding Industry will be building 18 crude oil tankers for Petróleos de Venezuela (PDVSA), Venezuela has ordered another 24 new tankers to support its oil exports from 2006 to 2012. These other newbuildings will be constructed in Argentina, Brazil and ...
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BAE and VT abandon Babcock talks
BAE Systems and VT Group have abandoned talks concerning a joint takeover of UK naval services group Babcock International, arguing that the surge in the company's share price meant it no longer offered 'shareholder value'. The takeover of Babcock would have heralded the consolidation of the UK's shipbuilding industry, in ...
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Yard shipshape once again
A south Tyneside shipyard which faced extinction a year ago has doubled its workforce and bounced back to commercial success. In stark contrast to struggling Swan Hunter, which could close soon due to lack of orders, the McNulty Offshore yard in South Shields will be showcasing a double barge contract ...
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Daewoo scoops more gas carriers
Daewoo Shipbuilding in South Korea has won contracts for two LNG RVs and two LPG carriers valued at $730 million for delivery by July 2009. The two 150,900 cbm LNG RVs were ordered by Exmar Marine and are 291m in length, 43.4m in breadth and 26m in depth. Service speed ...
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ISOICO billion dollar agreement with Venezuela
Iran Shipbuilding & Offshore Industries Complex Co. (ISOICO) has managed to conclude an agreement worth $5 billion on the development of marine industries and shipbuilding with Venezuela. In addition, Iran, Venezuela and Bolivia have signed a trilateral memorandum of understanding (MOU) on the expansion of the shipbuilding industries according to ...
