Latest News – Page 980
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Two more for Ezra
The Singapore-based offshore services provider, Ezra Holdings, has ordered two new 12,000 bhp multi-purpose anchor handling, towing and supply vessels (AHTS) from Pan-United Marine, a wholly-owned subsidiary of Pan-United Corporation. Delivery is slated by mid 2007 and the newbuildings will cost almost $24 million, excluding the cost of certain owner-furnished ...
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Vinashin goes with Hempel
Hempel, the Danish paint manufacturer, and the Vietnam Shipbuilding Industry Corporation (Vinashin) have signed a Business Co-operation Agreement (BCA) making Hempel the preferred supplier to all Vinashin's newbuilding projects. The agreement will be managed by SHIMEX (Ship Materials Import Export Company) a business unit of Vinashin. The agreement means Hempel ...
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Daewoo profit falls
Daewoo Shipbuilding & Marine Engineering (DSME) reported that its net income in July declined 34% to $8.1 million from a year earlier. Operating profit fell 58% $9.66 million, with sales declining 30% to $311.5 million.DSME, Hyundai Heavy Industries and Samsung Heavy Industries, the world?s three largest shipbuilders, are constructing ships ...
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Nakagawa orders chemical pair
Nakagawa Bussan in Japan placed an order for two 11,200DWT chemical tanker with STX Shipbuilding at a cost of $ 44 million. Ship particulars are 116.5m in length, 20m in breadth and 11.7m in depth with a service speed of 13.6 knots and delivery slated for 2007.
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Aker creates Helsinki ferry centre
The Board of Aker Finnyards has taken measures to make its Helsinki yard one of the most cost effective yards for building ferries in the industry. The former Kvaerner Masa Yards site in Helsinki has become too small to meet the demand for today?s ever growing cruise ship sizes, and ...
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Rolls-Royce system on US Navy Sea Jet
The US Navy?s Office of Naval Research unveiled its new advanced electric-ship demonstrator ship, ?Sea Jet?, for the first time. The ship will test Rolls-Royce patented AWJ-21 water jet technology over the next six months on Lake Pend Oreille at the Navy?s Acoustic Research Department in Bayview, Idaho.The AWJ-21 is ...
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Will Aker take over Gdansk shipyard?
The future of the birthplace of Solidarity, the Gdansk Shipyard of the Grupa Stocznia Gdynia (SG GSG) continues to remain unsure. The state plans to merge it with several other shipyards and create an industrial group but is also considering inviting a private investor. "I hope to receive a letter ...
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Todd leases Navy dry dock
Todd Pacific Shipyards in Seattle, Washington, has leased the US Navy?s floating dry dock ?Resolute? after winning a bidding process last year. The lease is for a 20 year period and Todd Pacific plans to use the dock to repair commercial and Navy ships.The 660 feet long and 124 foot ...
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Weihai starts expansion
Weihai Shipyard in China has commenced construction work to expand its shipbuilding and ship repair facilities. The work will be carried out in two stages at a cost of $222 million.The first stage involves the building of a 50,000DWT and a 10,000dwt newbuilding dry dock, a 100,000dwt dock for ship ...
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Cummins upgrades support base
Marine engine distributor Cummins Diesel SA has launched the first phase of a coast-to-coast programme to expand and upgrade its maritime industry support base. An enlarged customer service and fast-reaction support operation, based in Cape Town and headed by a Cummins-qualified marine engineer, will eventually be targeting the entire South ...
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DNV secures more LNG carrier orders
DNV has won the lion?s share of Qatar?s second batch of LNG ship orders. Seven of twelve very large gas carriers ordered for the Ras Gas III project will be built in Korea to DNV class.Qatar has prompted huge newbuilding orders in the LNG trade to cope with its forthcoming ...
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Wärtsilä's RT-flex50 successfully tested
The first two of the latest Sulzer RT-flex50 common-rail marine engine type developed by Wärtsilä Corporation, have successfully completed official shop tests and class type approval tests at Wärtsilä's licensee Diesel United Ltd in Japan. With five to eight cylinders, the Sulzer RT-flex50 low-speed marine diesel engine covers a power ...
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GE?s LM6000 completes ABS test
GE Transportation?s LM6000 aero derivative gas turbine recently completed the 500-hour power generation phase of endurance testing towards American Bureau of Shipping (ABS) certification. GE is seeking ABS certification to the Steel Vessel and the new Naval Vessel Rules for its LM6000.The company plans to certify the LM6000 at a ...
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Iranian bulker launched
?Iran Bojnurd?, the second of six Panamax bulk carriers ordered by Iran from the Chinese shipbuilder Jiangnan Shipyard, has been launched in Shanghai. The first of the ordered ships, named ?Iran Tabas?, was launched one month ago. The Chinese shipbuilder plans to launch the remaining four ships at two-month ...
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Russe launches German bulk carrier
Russe, the Bulgarian shipbuilder, recently launched its latest newbuilding. Ordered by the German ship owner, Briese Schiffahrts, the ?Ditzum? is a dry cargo vessel measuring 100m long and 14m wide and is the eighth ship that Russe has built for the Leer-based shipping company. The shipyard announced plans to launch ...
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Panamax bulkers ordered
Cosco in China is rumoured to place new order of two 76,000DWT bulk carriers with a local shipbuilders at a price of $35.25 million each for delivery in 2008. In addition, P. Dohle is believed to have ordered two 76,000DWT bulk carriers from Jiangsu Shipbuilding for delivery in 2007 while ...
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Aker launches world?s biggest
There are three ultra-sized cruise vessels for Royal Caribbean Cruises in Aker Yards“ orderbook and the first of them, "Freedom of the Seas" was floated out today in Finland. "Seeing a new ship floated out for the first time is a momentous occasion", says CEO and Board Chairman of ...
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Vinashin expands Nam Dinh facilities
Vietnam's shipbuilder Vinashin (Vietnam Shipbuilding Industry Corporation) will pump $107.2 million into projects in the northern coastal province of Nam Dinh. The plan aims to make Nam Dinh the country's third largest shipbuilding centre, after Hai Phong and Quang Ninh, by 2010. The biggest project would be the Xuan Chau ...
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Hanjin profits reduced
Hanjin Heavy Industries had its profit reduced for the first half this year. The shipbuilder earned $1.05 billion in turnover compared with $870 million during the same period last year. The Busan-based shipbuilder posted an operating profit of $28.5 million from January to June this year compared with $33.6 million ...
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ASL in growth mode
The Singapore-based ASL Marine Holdings, an integrated marine company with shipyards in Singapore and Batam, Indonesia, has today announced that it has entered into contracts with several subcontractors and supplier to expand the capacity and capabilities of the Groups two shipyards in Singapore and Batam, to meet the growing demand ...