Latest News – Page 901

  • News

    New orders for CSSC-MES Diesel

    2007-02-07T00:00:00Z

    CSSC-MES Diesel Co., Ltd., a joint venture company to manufacture marine diesel engines of CSSC in China and MES in Japan has won an order for three 8K98MC main diesel engines. These will be installed onboard the 5,100TEU container ships to be built by Jiangnan Changxing Shipbuilding. With the new ...

  • News

    DNV and CCS join forces on coatings

    2007-02-07T00:00:00Z

    The joint venture agreement named "CCS & DNV Technology Institute" was signed this week by China Classification Society (CCS) and DNV. The institute which is to be established in Shanghai aims to support both the maritime and offshore industry on various laboratory and research challenges, initially related to coating.The joint ...

  • News

    Hanjin deploys latest boxships

    2007-02-07T00:00:00Z

    Hanjin Shipping has put into service the 6,500 TEU ?Hanjin Tianjin? and ?Hanjin Xiamen?, its latest containership newbuildings, on its Asia-Europe trade. These 27 knot high-speed newbuildings are the fourth and fifth units in an eight-ship series and will arrive on the FEX (Far East Europe Express Service), one of ...

  • News

    Aker signs Magellan MoU

    2007-02-07T00:00:00Z

    Residential Cruise Line (RCL) has signed a Memorandum of Understanding (M.O.U.) with Aker Yards to build the world's largest and most luxurious residential cruise ship, the ?Magellan?.Designed by the Norwegian firm of Petter Yran and Bjorn Storbraaten Architects A.S., the Magellan offers fractional and full-ownership of luxuriously appointed residences and ...

  • News

    Ulstein gets biggest single-ship contract

    2007-02-07T00:00:00Z

    The newly formed company Marine Subsea Inc. has signed a contract with Ulstein Verft AS to build a well intervention ship of the type ULSTEIN SX121 from Ulstein Design AS. This is the largest single-ship contract for the Ulstein Group, totaling $135 million and is scheduled for delivery in July ...

  • News

    Vietnam yard begins building Dutch tugs

    2007-02-07T00:00:00Z

    The Da Nang-based Song Thu Co in Vietnam has laid the keels for four 5,000 HP tugs. These 24-metre long, 11-metre wide vessels, known as ASD 2411, will be built by the state-owned company for the Dutch Damen group under a $18.75 million contract signed last year.Damen will supply the ...

  • News

    CSBC cuts out China

    2007-02-05T00:00:00Z

    Taiwan took another step to distance itself from China by removing or toning down 'China' from the names of two state enterprises. The Economics Ministry ordered the Chinese Petroleum Corp (CPC) to change its Chinese name to Taiwan Chinese Petroleum Corp, and the China Shipbuilding Corp (CSBC) to change its ...

  • News

    Asry upgrade

    2007-02-05T00:00:00Z

    Construction work on the $20 million Arab Shipbuilding and Repair Yard Co. (Asry) slipway project was recently started. The contract for the project, to be completed by February 2008, was awarded to Ahmed Mansoor Al A'ali Company.The project, comprising two slipways, each with a dry berth length of 255 m, ...

  • News

    Vinashin to invest

    2007-02-05T00:00:00Z

    Vinashin, Vietnam?s state-run shipbuilder, is to pump VND650 billion ($40 million) into building ten facilities to support the Dung Quat Shipbuilding Industrial Plant in central VietnamConstruction of the factories is scheduled to begin this quarter in the Dung Quat Economic Zone of Quang Ngai Province. Under the plan, the new ...

  • News

    DSME and SHI clinch LNG orders

    2007-02-05T00:00:00Z

    The Korean shipbuilders Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI) have received order to build a total of nine LNG carriers. DSME will build five of the gas carriers of which four 210,000 cbm have been ordered by Qatar Gas Transport Co (QCTC) and one 170,000 ...

  • News

    Hyundai profits skyrocket

    2007-02-02T00:00:00Z

    Hyundai Heavy Industries (HHI) benefited from the global boom in shipbuilding by managing almost to quadruple its profits in 2006. Profits reached a record 712.8 billion won ($761 million) in 2006, up from 183.3 billion won in 2005. Improved productivity and higher delivery prices made a significant difference to the ...

  • News

    Double christening for Hamburg Sud

    2007-02-02T00:00:00Z

    The 50,800 DWT container vessels ?Bahia? and ?Bahia Blanca? built for Hamburg Sud have been christened at the yard of Daewoo Shipbuilding & Marine Engineering (DSME) in Okpo, Korea. The two new ?Bahia? and ?Bahia Blanca? are the first of a total of 6 identical 3,752 TEU container ships ...

  • News

    Option for third semi exercised

    2007-02-02T00:00:00Z

    Awilco Offshore (AWO) has, through its fully owned subsidiary OffRig Drilling, exercised an option with Yantai Raffles Shipyard in China to build the company?s third semi submersible drilling rig, to be named ?WilPromotor?. The rig will be built to meet the requirements for operating on the Norwegian Continental Shelf. ?WilPromotor? ...

  • News

    Wärtsilä acquires Senitec

    2007-02-02T00:00:00Z

    Wärtsilä has signed an agreement to acquire the Swedish company Senitec AB in Varberg. The company is privately-owned and specializes in environmental technology products for separating waste such as oily water and sludge in power plants, harbours and ships. Senitec has 5 employees. This new business gives Wärtsilä the possibility ...

  • News

    Bharati wins Clipper deal

    2007-02-02T00:00:00Z

    Bharati Shipyard in Mumbai, India, has signed a $130.5 million contract with Clipper Group (Management) Ltd. of the Bahamas to build six 20,000 dwt geared bulk carriers. These newbuildings will be of the first of the ?Inventor? series designed by Algoship and will measure 155 metres in length, 24 metres ...

  • News

    Aqua-Terra bags CNOOC job

    2007-01-31T00:00:00Z

    Aqua-Terra, one of the three Singapore-listed oil services firms headed by Indonesian tycoon Kris Wiluan, said it would supply equipment and manage projects worth over $44 million for the Chinese oil major's CNOOC Oil Base Group. Aqua-Terra has also entered into a partnership with CNOOC to provide shipbuilding services. Under ...

  • News

    Deltamarin and V.Ships in JV

    2007-01-31T00:00:00Z

    Deltamarin, the Finnish naval architecture and marine engineering group, and V.Ships Leisure, the provider of third party ship management and related services to the passenger shipping industry, have formed a joint venture company called V.Delta. The new company will provide safe, efficient, cost and time effective conversion solutions to cruise ...

  • News

    DNV eases adoption of IMO coating regs

    2007-01-31T00:00:00Z

    Following considerable demand from shipyards across Asia, classification society DNV is preparing a sample Coating Technical File (CTF) as a guideline for shipbuilders to follow in the wake of the IMO-stipulated New Performance Standard for Protective Coatings (PSPC) on Water Ballast Tanks (WBT) adopted on 8 December, 2006.As part of ...

  • News

    Viking orders ropax from Spain

    2007-01-31T00:00:00Z

    The Helsinki-based Nordic and Baltic cruise operator Viking Line has placed a $78 million order for a new passenger ship with Spanish shipyard Astilleros de Sevilla SA.The vessel, which is due for delivery in March 2009, will carry 1,500 passengers and 320 cars. Viking Line said the ship will operate ...

  • News

    Cosco to build well intervention semi

    2007-01-31T00:00:00Z

    Cosco Shipyard Group in China has signed an LOI with Marine Accurate Well ASA in Norway to build a GM4000 semi-submersible for well intervention services valued at $200 million. The contract signing is expected later this month and includes an option for three more new vessels. The GM4000 is designed ...