Latest News – Page 973
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Austal secures US navy LCS order
The US Navy has awarded the construction contract for the Austal designed Littoral Combat Ship (LCS) project. The $223 million order for the first of two planned "Flight 0" vessels was awarded to prime contractor Bath Iron Works, a General Dynamics company which has teamed up with Austal, the designer ...
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Singapore's SembCorp Marine acquires US shipyard
Singapore oil rig manufacturer SembCorp Marine has completed the purchase of a Texas-based shipyard in a move expected to boost its presence in the oil-producing US Gulf Coast region. SembCorp Marine said its subsidiary PPL Shipyard has acquired a 100% stake in Sabine Industries, Inc and subsidiaries Sabine Offshore Services, ...
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CLNG wants two more LNG carriers
China LNG(CLNG), joint venture of Cosco and Chinese government, has decided to order two more 147,000 cbm LNG carriers. However, ship delivery date, shipbuilder, ship price and LNG projects have not yet been revealed.
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Korean shipbuilders win more LNG carriers
Following the selection of preferential bidders by Korea Gas Corporation to carry 5.5 million tonnes of LNG from 2008, the company has placed newbuilding orders for LNG carriers with local shipbuilders.Korea Line will operate two LNG carriers which will be built by Daewoo Shipbuilding. One of the two LNG carriers ...
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Aker inks Island order
Aker Yards has signed a contract worth approximately $100 million to build a Well Intervention Vessel for Island Offshore for delivery in January 2008. Main duties for the new vessel of Rolls Royce design, will be maintenance and repair of oil-/gaswells in depths of up to 600 metres, and operate ...
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Vinashin wins more Diamond orders
The Vietnam Shipbuilding Industry Corporation (Vinashin) has signed a contract to build seven more Diamond 53,000 dwt bulk carriers for export to Britain. This latest contract brings the number of the Diamond 53 bulkers ordered from Vinashin for the UK-based company Graig British customers to 17. In addition, Vinashin has ...
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Quebec yard to upgrade ferry
Verreault Navigation Inc. of Les Méchins, Quebec in Canada, has been awarded a $4.8 million contract to modify and enhance some of the design elements of the ferry Madeleine operated by CTMA Traversier Ltée. between Cap-aux-Meules, in the Iles-de-la-Madeleine, Quebec, and Souris, Prince Edward Island. The Madeleine will be equipped ...
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Italians get Tallink job
Fincantieri and Tallink signed a contract to build two new generation, high performance, ice-class cruise ferries, one of which is an option. Tallink, the leading Estonian ferry operators and one of the most important in the Baltic area, runs regular services connecting Estonia with Sweden and Finland.Each ship will have ...
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Lukoil deal for Samsung
Korean shipbuilder Samsung will build four ice-class 70,000-ton tankers for Russia?s oil major Lukoil to help it export crude from the Arctic to Western markets. Delivery is scheduled for 2008 and will be used to export crude from the Arctic port of Varandei, where Lukoil?s joint venture with US ConocoPhillips ...
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Ferry lifeline for Ferguson
Western Ferries, which operates from Dunoon to Gourock, has placed a £500,000 order for a roll on/roll off terminal with Ferguson's yard on the river Clyde in Scotland. The Port Glasgow yard had to pay off about 100 workers after it lost out on a Caledonian MacBrayne ferry order to ...
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Daewoo to bid for Santierul
Daewoo Shipbuilding & Marine Engineering Co. said it will bid for Santierul Naval 2 Mai Mangalia, a Romanian government-owned shipyard, to expand capacity in the country."Daewoo Shipbuilding plans to make a bid next week," Ahn Wook-hyeon, a Daewoo Shipbuilding spokesman, said. He expects the starting bid to be around $4.2 ...
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Iran-India order LNG octet
The Joint Iran-India LNG consortium in its first step for LNG export is to place an order for 8 new carriers valued at $1.6billion. Four of the ships will have a capacity of carrying 145,000 cubic meters. Delivery is expected to be 2010 and the fleet would be carrying 7.5m ...
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Bids for DSME may be rejected
A South Korean state agency that is jointly selling 51% of Daewoo Shipbuilding & Marine Engineering (DSME) might reject bids from companies that did not support national interests. Korea Asset Management (KAM), which liquidates distressed assets at financial companies, plans to sell its stake in Daewoo Shipbuilding, which it owns ...
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HHI inks four LPG carriers
Hyundai Heavy Industries has won an order for two 60,000 m3 LPG carriers from Solvang and two 35,000 m3 LPG carriers from Itochu in Japan at the total contract price of $300 million.Ship particulars of Solvang vessels are 204.9m in length, 32.2m in breadth and 20.8m in depth with a ...
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Semi-subs for Daewoo
Daewoo Shipbuilding has captured a contact for two semi-submersible drilling rigs from Frigstad Offshore Drilling in Singapore at the price of $480 million.They will be delivered on December 2008 and June 2009 and deployed at Palawan in the Philippines. Dynamic positioning system and mooring system will be installed enabling the ...
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N.L. shipyards potential winners in navy ship contract
Newfoundland and Labrador in Canada could be the big winner in Ottawa's $1.8 billion plan to replace the navy's aging supply ships, as two of the four consortiums bidding on the project plan to utilize shipyards in that province. Canadian North Atlantic Marine Partnerships and BAE Systems Inc. both say ...
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Petrobras opens bidding for large newbuild contract
Petroleo Brasileiro SA, Brazil's state-controlled oil company, opened bidding on more than $1 billion of contracts to build 26 oil tankers and other vessels as the company boosts its spending on domestic construction. The newbuilding contacts cover 10 Suezmax tankers, five Aframax tankers, four Panamax tankers, four product carriers and ...
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LNG tanker fleet needs to expand dramatically
The global fleet of LNG tankers needs to expand by 66% by 2010 to meet current and future demand from exporters including Qatar, Australia and Nigeria, according to LNG Shipping Solutions. About 205 carriers need to be ordered, adding to the 182 ships in service and 127 vessels already contracted ...
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SCI poised to order VLCCs
National flag carrier Shipping Corporation of India (SCI) will sign a contract with Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) to acquire two 300,000 dwt VLCCs at a cost of $253 million. Delivery is scheduled for 2008. Apart from these two vessels, SCI is also planning to order two ...
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Lubmarine outlines current marine lubes crisis
TOTAL Lubmarine has outlined its position concerning increasing raw material costs and growing shortages of marine lubricants.Andrew Knox, Head of Marketing at TOTAL Lubmarine, says, "Recent events, even before Hurricane Katrina, and the force majeure declarations made by many suppliers after the hurricanes, have shown how tight the worldwide situation ...
