Latest News – Page 903
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Target orders ten Panamax bulkers
Target Marine in Greece has placed an order for four plus six 81,000DWT bulk carriers with C& Heavy Industries in South Korea at the price of $ 400 million. They will be delivered from late 2008 to mid 2010. Ship particulars are 229m in length, 32.2m in breadth and 20.1m ...
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EU project designs oil recovery vessel
Oil Sea Harvester, an EU funded project, is developing an innovative ship design for tackling oil spills in rough seas. The decision to design such a ship was made in the aftermath of two major European oil tanker disasters. On 12 December 1999 the oil tanker ?Erika? broke in two ...
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Namura wins caper
Namura Shipbuilding in Japan clinched a 228,000DWT bulk carrier from MOL. Scheduled for delivery in early 2009, the Cape size bulker will have a length of 319.6m, a breadth of 54m and a draught of 18.1m.
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Wärtsilä Hyundai in joint venture
Wärtsilä and Hyundai Heavy Industries Co. Ltd (HHI) signed an agreement to set up a 50/50 owned joint venture in Korea to manufacture dual-fuel engines for LNG carriers. The total investment in the company will be EUR 58 million, Wärtsilä's share being EUR 29 million. The name of the company ...
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E.R. Martinique commissioned
Another container ship for the Hamburg shipowner E.R. Schiffahrt was officially named at the Hyundai Mipo shipyard in Ulsan, South Korea. The ?E.R. Martinique? is a 2,824 TEU sub-Panamax class newbuilding that will go into service under the charter name ?CMA CGM Anemone? for the French liner company CMA CGM. ...
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Vinashin plans to privatize
Vinashin, Vietnam's state-run shipbuilder, plans to privatize all its subsidiaries this year to raise funds for expansion, a recent government report said.The report quoted Vinashin executive Pham Thanh Binh as saying privatisation would give the company more autonomy in decision making and raise productivity. "The subsidiaries, as well as the ...
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France steaming ahead on carrier project
Throughout most of the post-war years, France maintained two aircraft carriers but this changed when the Foch, the last Clemenceau Class carrier, was retired in November 2000. Since then, France has lacked the capacity to ensure long-distance air coverage during the Charles de Gaulle's maintenance cycles or during other periods ...
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'K' Line launches 'Corona Lions'
Kawasaki Kisen Kaisha, Ltd. in Japan has recently launched the "Corona Lions," a new 85,600 DWT-type coal carrier at Oshima Shipbuilding.The Corona series, which "K" Line originated and continues to develop, is a dedicated coal carrier equipped with wide beam and shallow draft which is the most suitable type to ...
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GEM takes delivery of double-hulled tanker
Gulf Energy Maritime (Gem) has taken delivery of the second of 13 double-hulled tankers on order with Korea's Hyundai Mipo Dockyard (HMD) in less than three months.The $57 million ?Gulf Elan? is the eighth double-hulled tanker in Gem's rapidly growing fleet, which is expected to triple within the next three ...
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ISU spells out EU action plan for oil spills
Salvors are seeking a meeting with EU Fisheries and Maritime Affairs Commissioner Joe Borg to present their case for the adoption of new measures to reduce the risk of another spill disaster in European waters.In a response to the EU?s Green Paper on Future Maritime Policy, the International Salvage Union ...
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Vacon opens subsidiary in Chennai, India
The Finland-based AC drives manufacturer Vacon strengthens its global presence by opening a subsidiary in Chennai on the southeast coast of India. With a subsidiary in one of India's largest commercial and industrial centers, Vacon will further improve its service in the growing markets of the Asia-Pacific region. "Local presence ...
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Dockwise Yacht launches super ship
Dockwise Yacht Transport (DYT), the world's only float-on/float-off yacht transport service and a subsidiary of Dutch company Dockwise Transport, has launched its newest ship which will provide yacht owners with faster and more frequent delivery of their luxury power and sailing yachts across the Atlantic Ocean. The 209 metre ?Yacht ...
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QinetiQ awarded landing craft contract
QinetiQ in the UK has been awarded a four-year MOD contract to design, construct and carry out test and evaluation trials on a technology demonstrator vessel, which will be a contender for the next generation of fast landing craft. The build of the technology demonstrator will be subcontracted to the ...
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Nakilat to order further 9 to 11 LNG carriers
Faisal Mohammed Al Suwaidi, Chairman and Chief Executive Officer of Qatargas Operating Company, yesterday said that Qatargas Transport Company (Nakilat) is expected to order a further 9 to 11 LNG vessels for RasGas-3 and Qatargas-4 this year. He said that at the beginning, Nakilat activities were primarily focused on securing ...
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Taiwan ranks number four
Taiwan's China Shipbuilding Corp (CSC) ranked the fourth in the world in terms of accumulated container ship orders last year. The ranking was designated by the London-based Clarkson PLC which placed CSC behind the three South Korean shipyards of Hyundai, Samsung and Hanjin. By the end of 2006, CSC had ...
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Austal launches Hawaii superferry
Another important milestone in the development of Austal USA was achieved recently with the successful launch of Hull 615, a 107 metre high speed ropax catamaran for Hawaii Superferry.Austal USA?s facilities in Mobile, Alabama, secured a floating drydock to the Austal sea wall on the Mobile River in front of ...
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Daewoo expanding facilities
Plans are underway for Daewoo Shipbuilding to invest in facility expansion which includes the installation of a sea crane and building new quays. The planned major investment is considered to be essential for the foundations of achieving Daewoo?s mid-term strategic objectives. Firstly, the construction of a launching barge started last ...
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Emerald Princess leaves shipyard
Princess Cruises' newest ship ?Emerald Princess? completed its first sea trials in preparation for the launch of cruises in April. The 113,000 gt vessel, sister ship to Crown Princess, left its building dock at the Fincantieri shipyard in Monfalcone, Italy, to undergo several days of sea trials. The 3,100-passenger ship ...
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Nexans to supply major Japanese shipyards
Mitsubishi Heavy Industries (MHI) and Ishikajima Harima Industries (IHI) have selected Nexans as the sole cable supplier for 39 new vessels. The French company will be supplying power, control and communication shipboard JIS type cables (Japanese Industrial Standard) worth around 16 million Euros to these two major Japanese shipyards.The cables ...
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TOP Tankers exercises option
Greek tanker operator TOP Tankers Inc. has exercised its option for two additional 50,000 dwt product /chemical tankers. As with the previously announced four newbuildings, all the vessels will be sister ships built by SPP Shipbuilding Co, Ltd of South Korea and are expected to be delivered during the first ...
