Latest News – Page 959

  • News

    MAN B&W presents new 51/60DF engine series

    2006-02-01T00:00:00Z

    The MAN B&W Diesel Group is launching a new four-stroke engine onto the market that not only burns both gas and MDO (Marine Diesel Oil), but can also run long-term on pure HFO (Heavy Fuel Oil). This flexibility meets and even exceeds all requirements from the marine as well as ...

  • News

    NASSCO to build another T-AKE

    2006-02-01T00:00:00Z

    The San Diego-based NASSCO shipyard has received another order from the US Navy to build another T-AKE class logistic support supply vessel. This will be the ninth unit for the Navy and the order is worth $317 million bringing the total contract value to $2.8 billion.The ships are 212 metres ...

  • News

    Tenix, ADI eye Australia's amphibious ship project

    2006-02-01T00:00:00Z

    Australian defence companies Tenix and ADI have unveiled plans to join international shipbuilders in bidding to build the navy's next generation of amphibious landing ships. Tenix Defence said it would join forces with Spanish shipbuilder NAVANTIA to compete in a joint-venture for the $1.5 billion contract while ADI will team ...

  • News

    ST Marine wins Airbus roro newbuild contract

    2006-02-01T00:00:00Z

    Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), has secured two contracts from Seaplane Two S.A.S. and Seaplane Three S.A.S., totalling about $120m to construct two Ro-Ro vessels. This construction programme is expected to commence in 2H2006 with the first vessel expected ...

  • News

    Olympic orders P101

    2006-02-01T00:00:00Z

    Ulstein Verft has signed a contract with Olympic Shipping in Fosnavåg, Norway, for a large P101 multipurpose platform supply vessel designed by Ulstein Design. The new vessel is hull number 278 at Ulstein Verft and is to be delivered end of October next year at a cost of $45 million.The ...

  • News

    New Rolls-Royce design unveiled

    2006-02-01T00:00:00Z

    Rolls-Royce has unveiled the latest design in its family of coastal protection vessels at the Pacific 2006 exhibition in Sydney, Australia. Navies, coastguards and public agencies are increasingly interested in ships which can monitor, patrol and protect their waters and also carry out pollution control, salvage and firefighting tasks. Its ...

  • News

    Sovcomflot orders product carrier trio

    2006-01-30T00:00:00Z

    Moscow-based Sovcomflot and Admiralty Shipyards have signed a contract for the construction of three 47,400 DWT product carriers which extends this series of product carriers to 9 vessels. The seventh and the eighth tankers will be delivered in 2007 and the delivery of the ninth vessel will take place in ...

  • News

    ABG Shipyard wins Cyprus order

    2006-01-30T00:00:00Z

    The privately owned Indian shipbuilder ABG Shipyard has secured a contract worth $30 million for the construction of three 90 tonne bollard pull Anchor Handling Tugs from Lamnalco of Cyprus. The shipbuilder has already delivered five vessels to Lamnalco in the recent past and two more are under construction for ...

  • News

    Incat boosts staff numbers as orders roll in

    2006-01-30T00:00:00Z

    The Tasmanian fast ferry shipbuilder Incat hopes to expand its staff by several hundred following an approach by a European client and another for two 112-metre cats from a Japanese company, with an option for a third. The Tasmanian Government said it was lending the shipbuilder $15 million in a ...

  • News

    P&I club sounds warning on new ballast water rules

    2006-01-30T00:00:00Z

    GT North of England P&I club is warning shipowners to start preparing now for the introduction of stringent new international and national ballast regulations. The club has just published a detailed analysis of the implications of the impending IMO ballast water management rules in a special issue of its loss-prevention ...

  • News

    Diana Shipping takes delivery of Panamax bulker

    2006-01-26T00:00:00Z

    Diana Shipping, the Athens-based transportation company specializing in dry bulk cargoes, has taken delivery of a new Panamax bulk carrier, the ?Coronis?, from Hudong-Zhonghua Shipbuilding in Shanghai China. The ?Coronis? is a 74,381DWT bulker and, with its delivery, Diana Shipping has increased its fleet to thirteen vessels.

  • News

    Yayasan orders chemical tanker

    2006-01-26T00:00:00Z

    Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers. The group, through its joint-venture company GS Tankers Sdn Bhd, has placed a shipbuilding contract for the construction and sale ...

  • News

    Saudis to acquire more tankers

    2006-01-26T00:00:00Z

    National Shipping Co. of Saudi Arabia is buying as many as 17 VLCCs and chemical tankers. The company plans a five-year acquisition program under which it will buy at least nine VLCCs and eight chemical tankers. All vessels being acquired, whether new or used, will be double-hulled. "The acquisitions will ...

  • News

    Mangalia Shipyard sold at last

    2006-01-26T00:00:00Z

    Daewoo Mangalia Heavy Industries in Romania will pay the equivalent of 3.6 million euros for the takeover of Mangalia Shipyards from the Ministry of Economy and Commerce (MEC). According to a press release of the ministry, Daewoo, who was the only bidder, paid the asking price established by the seller. ...

  • News

    K Line inks Oshima bulker

    2006-01-26T00:00:00Z

    "K" Line Bulk Shipping (UK) Ltd, the London-based regional headquarters company of Kawasaki Kisen Kaisha ("K" Line), has ordered a new-design bulk carrier from Oshima Shipbuilding. Developed by the Japanese shipbuilder, the 105,500 DWT bulker will have an overall length of 255 m, a 43 m beam and 7 holds. ...

  • News

    SLS method improves STX output

    2006-01-25T00:00:00Z

    STX Shipbuilding in South Korea launched a 51,000DWT product carrier for an Italian owner which was built using the skid launching system (SLS). Shipbuilding period of the product carrier was reduced from 52 days to 30 days through pre-outfitting and improvement in shipbuilding process. STX claims that the shorter ...

  • News

    German owners order Chinese boxships

    2006-01-25T00:00:00Z

    Guangzhou Wenchong Shipyard in China clinched two 1,700TEU container ships from Ownership Corporation in Germany. Ship price and delivery date were not disclosed. In a separate deal, NVA in Germany placed an order for a 3,500TEU container ship at Shanghai Chengxi Shipyard in China for delivery in December 2007.

  • News

    HSL aims turnaround by 2010

    2006-01-25T00:00:00Z

    The struggling Hindustan Shipyard Ltd. (HSL), the oldest shipyard in the public sector in India, expects to make a turnaround by 2010. Rear Admiral (retired) Ajit Tewari said, "To my knowledge, there will be no takeover or privatisation as we are set to make a turnaround in the next five ...

  • News

    France says oui to carrier project

    2006-01-25T00:00:00Z

    France has agreed to pay Britain as much as £140m to develop and construct an aircraft carrier based on the design of those being built for the Royal Navy. It is the first concrete step towards what would be the biggest joint military programme in a generation.The deal, hammered out ...

  • News

    SBM Offshore inks Kizomba C FPSO deal

    2006-01-25T00:00:00Z

    SBM Offshore has signed an agreement with Exxon Mobil affiliate Esso Exploration Angola (Block 15) Limited in which SBM will proceed with project development activities for two FPSOs for the Kizomba C development offshore Angola. While Esso is the operator of the block, further contracts for definitive leasing and operation ...