Latest News – Page 965

  • News

    Germanischer Lloyd publishes new rules for materials

    2005-12-16T00:00:00Z

    The revised and expanded Rules for Materials and Components of Germanischer Lloyd (GL) are now available. The Rules define the properties of various metallic materials and lay down the requirements for the production processes and the manufacturers. The prerequisites and conditions for the corresponding approvals are also stipulated. For the ...

  • News

    NorseMerchant introduces second newbuilding

    2005-12-16T00:00:00Z

    NorseMerchant Ferries, recently acquired by Norfolkline, has introduced its latest Italian-built passenger/freight ferry onto the Irish Sea ahead of schedule. The ship in question is the 26,500 gt ropax ferry Mersey Viking, which arrived in the Port of Liverpool last month for berthing trials at the company's Twelve Quays terminal ...

  • News

    Skaugen orders Chinese LPG/ethylene carriers

    2005-12-15T00:00:00Z

    Norwegian-based IM Skaugen (IMS) has ordered the first four of a series of 10 specialized combination carriers capable of handling both LPG/Ethylene and organic chemicals. These newbuildings are planned to be built at an unnamed Chinese yard near Shanghai at a cost of about $25m per vessel. IMS has also ...

  • News

    Vietnam starts container production plant

    2005-12-15T00:00:00Z

    The Vietnam Shipbuilding Industry Corporation (Vinashin) recently started its construction of a container production plant in Lai Vu commune, Kim Thanh district, Northern Province of Hai Duong. The plant, the first of its kind to be built in Vietnam, has a capacity of 30,000 TEU per year to meet the ...

  • News

    Thales-DCN merger goes ahead

    2005-12-15T00:00:00Z

    The French government has announced a tie-up between defence company Thales SA and state-owned warship builder DCN, a long-anticipated deal seen as a step toward wider consolidation in European shipbuilding. The government will retain 75% of DCN after the deal with Thales in which the state also has a 31% ...

  • News

    UK Carrier project gets green light

    2005-12-15T00:00:00Z

    The British government gave approval for an alliance of five shipbuilders to press ahead with designing the biggest warships ever built in the UK. The Aircraft Carrier Alliance consortium would also now include Britain's largest shipbuilder, VT Group, and Scottish Babcock International. The alliance had hitherto comprised defense giant BAE, ...

  • News

    Kogas plans four LNG tankers

    2005-12-15T00:00:00Z

    Korea Gas Corp., the world's biggest buyer of liquefied natural gas, is seeking a $938 million loan to purchase four LNG tankers for a joint operation it is setting up with three other Korean companies. "We're trying to broaden our LNG business and secure LNG supply," said Lee Seung, head ...

  • News

    Aker signs Color contract

    2005-12-15T00:00:00Z

    The Letter of Intent for two fast ropax day ferries signed on 2 November by Aker Yards and Color Line has been confirmed as a firm contract worth approx. EUR 250 million.The vessels, to be delivered during 2007-2008 from Aker Yards, Rauma, are intended for the Denmark-Norway services. The working ...

  • News

    Four more Carnival cruise ships for Fincantieri

    2005-12-15T00:00:00Z

    Carnival Corporation has reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion. The contract, which is subject to the approval of the board of directors of Carnival Corporation, calls for the construction of four new vessels, one each for ...

  • News

    Quanzhou expands

    2005-12-14T00:00:00Z

    Quanzhou Shipyard in Fujian, China, will complete a 300,000DWT and a 170,000DWT dry dock by mid-2006. Total investment is $99 million. When completed, shipbuilding capacity of the two docks will be 1.5 million DWT per year.

  • News

    Older workforce threat to Korea?s productivity

    2005-12-14T00:00:00Z

    Korea's leading shipbuilding companies, all members of the Korea Shipbuilders' Association, have an average workforce age of 42 and, since they have for the most part stopped hiring to shrink their payroll costs, it is a move that is now haunting them."Right now, the shortage of available workers is more ...

  • News

    MHI, VINASHIN sign licensing agreement

    2005-12-14T00:00:00Z

    Mitsubishi Heavy Industries (MHI) signed an agreement to license its UE low-speed diesel engine technology to Vietnam Shipbuilding Industry Corporation (VINASHIN). Under the agreement, MHI will provide VINASHIN with the licensing rights to manufacture its large-sized diesel engines. The contract applies specifically to the Mitsubishi UEC-LA, LA, LSII and LSE ...

  • News

    Mackinaw damages bow

    2005-12-14T00:00:00Z

    The Coast Guard?s newest cutter, the Great Lakes icebreaker Mackinaw, ran into a seawall Monday, causing damage to its bow. The Mackinaw, operating in a special status because it has yet to be commissioned, was entering port in Grand Haven, Mich., when it veered to starboard and struck the wall ...

  • News

    Damen to build ferries for Istanbul

    2005-12-14T00:00:00Z

    As part of a major fleet expansion programme, the Istanbul Metropolitan Municipality in Turkey has signed a contract with Damen Shipyards Gorinchem for the construction of 5 new "Sea Buses". The catamaran ferries will be of the Damen Fast Ferry 4212 design, with a capacity of 449 passengers on two ...

  • News

    Vietnam starts construction of new shipyard

    2005-12-13T00:00:00Z

    Work to build the largest shipyard in Vietnam?s central region started on Sunday in the country?s central hub, Danang city. The Danang shipyard, located on an area of more than 31ha in Son Tra district, is to be built at an estimated cost of $37.5 million.It will be able to ...

  • News

    Meyer wins Norwegian LPG duo

    2005-12-13T00:00:00Z

    The Norwegian shipping company Solvang ASA together with a group of investors have placed a new order with Meyer Werft in Papenburg for construction and delivery of two LEG/LPG tankers. The gas tankers will have a length overall of 154.9 m, a breadth of 22.70 m and a cargo capacity ...

  • News

    Vinashin lands Danish job

    2005-12-13T00:00:00Z

    Fabricius BR Marine in Denmark has inked its first shipbuilding contract with Vietnam?s shipbuilder Vinashin. Fabricius and Vinashin signed a $5 million deal to construct a 2,500 DWT vessel of an unspecified type. The 1,600-HP and 67-metre-long vessel will be delivered in early 2007. In addition, Fabricius is negotiating a ...

  • News

    Pacific Basin orders handy quartet

    2005-12-12T00:00:00Z

    Pacific Basin placed a new order for four 32,000DWT handysize bulk carriers with Guangdong Machinery and Jiangmen Nanyang Ship Engineering at a cost of $21.98 each. The four will be delivered on January, May and September 2008 and January 2009 and the contract includes options for two more vessels for ...

  • News

    Venezuela and Iran plan new shipyard

    2005-12-12T00:00:00Z

    Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation in the South American country with cooperation of the domestic shipbuilder Dianca. The memorandum of understanding was signed between Petroleos de Venezuela S.A. (PDVSA) and Sadra Iran Marine Industrial Company with yards in Bandar Abbas, Bushehr and ...

  • News

    New Malaysian shipyard ready for ops in July

    2005-12-12T00:00:00Z

    Avanzamento Engineering?s (AESB) new shipyard in Manjung, Perak, Malaysia, will start operating in July 2006. About $13.2 million has been invested in the shipyard, which will employ 50 to 60 people and specialise providing maintenance, repairs and overhaul services and supply logistic support equipment for naval and coast guard frigates. ...