Latest News – Page 962
-
News
NACKS delivers Guangzhou Highway
Kawasaki Kisen Kaisha ("K" Line) has taken delivery of ?Guangzhou Highway?, a 48,927 gt PCTC with a 5,000 car capacity completed at Nantong COSCO KHI Ship Engineering (NACKS). This is the last in a 3-ship series of carriers that are the first units in the current fleet with environmentally-friendly electronic-controlled ...
-
News
Bulyard refurbishing
Bulgaria's Bulyard Shipping Industry (BSI), a unit of the Bulyard consortium, plans to invest 2 million euro in refurbishments and new equipment in 2006. The consortium will use bank loans to finance its investment program.The bulk of the money will go to purchase new blasting and painting chambers, forklifts, welding ...
-
News
DNV launches unique software
DNV has launched its new Nauticus Hull software, which provides unique support for the Common Structural Rules for double hull oil tankers, only three weeks after the Rules were adopted by the Council of the International Association of Classification Societies (IACS).Nauticus Hull is a powerful software package for the design ...
-
News
ROVS, leading the way into the future
The growing importance of ROVs is to be recognised by a free half-day seminar ?ROVs: Leading the way into the future? at Oceanology International 2006 (OI2006) and organised by the Remote Systems & ROV Division of IMCA - the International Marine Contractors Association."ROVs play an ever increasingly important role in ...
-
News
Lithuanian yard delivers ferry hull
JSC Vakaru Laivu Statykla, of Western Shipyard in Klaipeda, Lithuania, recently completed the building of a passenger and car ferry hull. The hull, measuring 106 m long and 17.2 m wide, was subcontracted by the Norwegian shipbuilder Fiskerstrand Verft AS at a cost of 3.5 million Euros. About 200 workers ...
-
News
Adanis to build ships
After gaining a foothold in the port business, the Adani Group has decided to enter into shipbuilding and plans to announce a joint venture agreement for shipbuilding soon. Confirming the development, Adani Group chairman Gautam Adani said the group will invest around Rs 1,500 crore in the new business and ...
-
News
ETA-Ascon plans ship-building activities
According to a senior official at the Dubai-based business conglomerate, ETA-Ascon, the company plans to enter ship-building activities and is also considering undertaking the management of a government-owned shipyard in India and China. "As we spend a lot on ship servicing and repairing, it makes perfect business sense to have ...
-
News
STX Engine develops new low NOx engine - ndh
STX Engine has developed an engine with a NOx exhaust level of 7.5g/kWh or less by improving the existing STX-MAN B&W 8L21/31 model. In December last year, this engine successfully completed its performance verification test under the inspection of Lloyd's Register and the Swedish shipping company Wallenius. The IMO standard ...
-
News
China delivers PCTC to Zodiac
China recently delivered its largest PCTC (pure car truck carrier) to Zodiac Shipping Ltd. Named ?Morning Miracle?, the 45,000gt ship was designed and built by Xiamen Shipbuilding Industry and is the first of a six-ship series ordered by the UK shipping company. The 182 metre long newbuilding has a carrying ...
-
News
ETA-Ascon plans big expansion
The Dubai-based ETA-Ascon, a diversified group, plans to buy 76 new ships to expand the size of its fleet to 100 in five years. The total investment involved in this order will amount to $2.72 billion.The company is negotiating with a number of shipbuilders to sign a number of major ...
-
News
Vinashin opens new yard
The first phase of the Vietnam Shipbuilding Industry Corporation (Vinashin)?s $6.9 million shipyard was formally opened in the central Phu Yen province. The six-hectare plant, located in Tuy Hoa city?s Phu Lam ward, has already begun building eight 200 tonne tugboats, a $3.8 million dredger and four 600 hp fishing ...
-
News
Siba Ships declares option
Italian shipowner, Siba Ships, has declared an option on a second livestock carrier under construction at Labroy Shipyard in Singapore. This second vessel will be a sister-ship to Hull T155, both of which are due for delivery from the yard in 2007. "Siba already owns the youngest fleet in the ...
-
News
Jumbo heavy-lifts for Damen
Damen Shipyards Gorinchem has won a contract from the Dutch shipowner, Jumbo Navigation for a state-of-the-art heavy-lift vessel with an option for a second vessel. These will be similar to the two vessels delivered by Damen in 2004 and named ?Jumbo Javelin? and ?Fairpartner?. The newbuildings will be constructed and ...
-
News
Eidesvik inks new seismic vessel
Eidesvik Offshore ASA and the Houston-based Veritas' Viking Maritime Inc., subsidiary have entered into an agreement to charter a seismic research vessel which is to be newly constructed. The time charter is for a period of 8 years fixed, with options of up to 10 more years. When delivered from ...
-
News
Hyundai Heavy buys into China Steel
Hyundai Heavy Industries (HHI) has reached a preliminary agreement to buy a stake in China's Qinhuangdao Shouqin Metal Materials. Qinhuangdao Shouqin is a steel making unit jointly owned by China's Shougang Concord International Enterprises and Shougang Corp. HHI inked a letter of intent to buy shares in Qinhuangdao Shouqin to ...
-
News
Mipo clinches eight product carriers
Hyundai Mipo Dockyard in South Korea clinched four 37,000DWT and four 47,000DWT product carriers from Turkish shipping company Geden Line. Total contract price is $349 million. They will be delivered by November 2008. Hyundai said it had targeted orders worth $13.02 billion in 2006, including $5.98 billion in ship orders, ...
-
News
Keppel wins world?s first LNG FRSU conversion
Keppel Shipyard Limited (Keppel Shipyard), a subsidiary of Keppel Offshore & Marine Ltd, has signed a contract with Golar LNG Limited for the conversion of an existing Moss LNG carrier into a floating LNG storage and re-gasification unit (FSRU). The total contract value is approximately $55 million. When the conversion ...
-
News
SembCorp gets Bergesen job
Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured a S$88 million ($53.4 million) contract from Bergesen Worldwide Offshore to convert the VLCC ?BW Enterprise? to an FPSO.Bergesen Worldwide Offshore, a company within the Bergesen Worldwide Group, will own and operate the FPSO in the Gulf of Mexico under ...
-
News
Aker and Alstom yards to join forces
Aker Yards and Alstom marine have announced their intention to join forces in shipbuilding and create together one of the world leaders in this industry focusing on high value added ships, especially cruise ships.The parties plan to establish a new company consisting of the shipyards in Saint Nazaire and Lorient. ...
-
News
Atlas Elektronik sold
BAE Systems has sold its German sonar business Atlas Elektronik to the European aerospace group EADS and Germany's ThyssenKrupp Technologies. They will pay about EUR145m in cash and assume Atlas's pension liabilities of EUR72.4m. ThyssenKrupp will own 60% of Atlas with EADS holding 40%.BAE, Europe's largest defence company, put Atlas ...
