Latest News – Page 941
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Malaysia invests in new shipyard
The Perak government in Malaysia has approved a land area of 69.76 hectares in Sungai Manjung, Lumut, on the west coast, for carrying out shipyard operations. About 24 hectares of the area was approved for Perak Shipbuilding & Engineering Sdn Bhd (PSESB), a subsidiary of the local shipping company of ...
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Japanese steel makers to hike price
Japanese steel makers are trying to hike the price of thick steel plate for shipbuilding by $43 per tonne for all deliveries from October onwards. Price negotiation with shipyards will start next month.
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Canada set to expand naval forces
The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium led by General Dynamics Canada is thought to be the leading contender and is expected to place much ...
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STX seeks to build shipyard in Vietnam
STX Group is planning to build a large-scale shipyard in Vietnam. The company confirmed that it is in negotiations with the Vietnamese government on the project and it is probable that the yard will be located in Khanh Hoa, a coastal province of southern Vietnam. However, details such as the ...
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MISC orders four more tankers
The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000 dwt tankers is estimated collectively to be in the region of $200 million.STX Shipbuilding of South Korea's will ...
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Dubai Drydocks looks to shipbuilding
Shipbuilding has emerged as the second most important business for Dubai Drydocks which has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a new phase will cost another $10-$15 million, chief executive Geoff Taylor said. "We were looking to diversify our ...
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Chevron orders oil rig with SBM for Brazil project
US oil major Chevron has ordered a 100,000 barrel per day vessel-based oil rig with Dutch maritime engineering group SBM Offshore NV for its Frade project in Brazil.Chevron officials declined to give the value of the deal, under which SBM will build a floating production, storage and offloading rig (FPSO), ...
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Aker gets two DSVs
Aker Yards has entered into a contract with DOF ASA for the building of one Diving Support Vessel (DSV), and a contract with DOFCON and Technip for a second DSV. Aker Yards is to build a 106 meter Diving Support Vessel for DOF, based on an Aker Yards design ?Aker ...
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Sun Island finally launched
Sun Island finally launchedOfficials at the Bach Dang shipyard in northern Hai Phong city said on Sunday that the newly built 10,500 dwt ?Sun Island? dry cargo vessel freighter that got stuck half-way down the slipway during its launch, has now been successfully freed and towed into the water without ...
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Fate of Gdansk Shipyard hangs in the balance
The ailing Gdansk Shipyard in Poland, which went bankrupt in 1998 and has since been part of the state-controlled Gdynia Shipyard group, is up for grabs again because Gdynia group is itself on the verge of bankruptcy and looking to obtain funds from a share issue. The government wants the ...
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Union fights Philly yard
The Department of Homeland Security in the USA has rejected an AFL-CIO complaint about use of foreign-made parts at the Aker Philadelphia Shipyard, prompting the union to vow a political fight over U.S. shipbuilding protections.The Metal Trades Department of the AFL-CIO asked the US Coast Guard, part of Homeland Security, ...
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DSME gets Transocean drillship
The Houston-based offshore drilling contractor Transocean Inc. has placed an order with Daewoo Shipbuilding and Marine Engineering yard (DSME)in Okpo, South Korea, for the construction of a dynamically positioned, double-hull drill rig ship. When delivered in early 2009, the $615 million enhanced Enterprise-Class drillship will be chartered to Norway's Norsk ...
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Daewoo Mangalia clinches boxship quartet
Daewoo Mangalia Heavy Industries in Romania clinched four Panamax container ships. Gebab Holding GmbH & Co. KG and Conti Holding GmbH & Co. KG ordered two vessels each at a total price of $280 million and they will be delivered by October 2009.
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Aker acquires another yard
Aker Yards has signed an agreement with Kleven Maritime to acquire Kleven Flor? AS, and Kleven Design AS, both located in Flor?, Norway, at a cost of NOK 60 million including debt, based on a working capital of zero. The acquisition strengthens Aker Yards' Merchant Vessels Business Area by adding ...
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Venezuela ratifies Argentine order
Venezuelan state-run oil giant PDVSA confirmed its plans to order two oil tankers from an Argentine shipyard, following claims in Buenos Aires that such a project announced in July 2004 came to a standstill. Union leader Vicente Ignomirielo, a delegate of Buenos Aires-based R?o Santiago shipyard (ARS) made the announcement ...
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Shina clinches PC pair
Shina Shipbuilding in South Korea clinched an order from Polyar Tankers for two 49,700 dwt product carriers for delivery during 2009. The contract has two options attached.
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Unique software support for CSR
DNV has launched its new Nauticus Hull Software, which provides unique support for the Common Structure Rules (CSR) for both tankers and bulk carriers, only two months after the rules came into force in April this year. In an effort to support the industry in connection with the transition to ...
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Samsung clinches offshore orders
Samsung Heavy Industries has secured an order for a semi-submersible drilling rig from a European ship owner and an FPSO from an Asian ship owner. The $481 million rig is slated for delivery in August 2008 and the $426 million FPSO will be delivered in June 2009.
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Korean yards mull over price increase
South Korea's seven major shipbuilders, which delivered 38% of the world's vessels in 2005, may raise the price of new ships by 5% to take advantage of record orders and protect their profits from rising costs. Higher prices protect shipbuilders' earnings from the Korean won's gains against the U.S. dollar ...
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E.R.'s latest giant boxship enters service
The Hamburg based shipping company E.R. Schiffahrt, which is part of the Nordcapital Group, Hamburg, has put another container ship into service recently. Named ?E.R. Toulouse?, the latest addition is a super-post-Panamax newbuilding with a container capacity of 8,204 teu. The newbuilding is part of ER?s fleet expansion programme which ...
