Motorship Multi-News Test – Page 844
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SCI orders boxships from Hyundai
State-run Shipping Corporation of India (SCI)has ordered two 4,400 TEU container ships from Hyundai Samho Heavy Industries. These newbuildings will be the largest container vessels under the Indian Registry. Earlier, SCI received delivery of a 319,000 DWT VLCC from Daewoo Shipbuilding & Marine Engineering and has plans to spend 140 ...
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Damen design chosen for Ferry Dubai project
The Marine Agency of Dubai's Roads & Transport Authority (RTA) has chosen a Damen Shipyards, Holland, design for the $50 million Ferry Dubai project initially planned to carry three million passengers a year from Dubai Creek to the city's offshore islands such as Nakheel's The World and the Palm Trilogy. ...
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Samsung gets tanker trio
Samsung Heavy Industries has obtained a $250 million order to build three large crude oil carriers from two shippers, including Turkey's Geden. With the new deal, the Korean shipbuilder has racked up a total of $13.9 billion in orders so far this year, reaching 93% of its annual target.
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ABS and RS initiate survey training for Arctic LNG carriers
ABS and the Russian Maritime Register of Shipping (RS) have initiated an extensive joint training program covering survey of Arctic LNG carriers for a team of surveyors drawn from both societies. Classroom instruction in early October at the RS training facilities in St Petersburg, Russia, is to be followed by ...
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Wärtsilä propulsion for Wilson bulkers
Wilson Shipowning AS, one of Europe's leading short sea bulk carrier operators, has ordered Wärtsilä propulsion packages for a series of eight 4500 DWT general cargo bulk carriers. The vessels will be built by Shandong Baibuting Shipbuilding Co Ltd, in Qingdao, China. This significant order follows a supply agreement from ...
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Conoship and Algoship form strategic alliance
Conoship International BV, of Groningen, Netherlands, and Algoship Brokers Ltd together with Smart Engineering and Design Solutions Ltd (SEDS), both of Nassau, Bahamas, have agreed a strategic move to promote and support shipbuilding in India and elsewhere through an exclusive partnership arrangement.Algoship Brokers Ltd and SEDS are controlled by Antony ...
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Bankruptcy threatens Asian shipbuilders
Asian shipbuilders face an abrupt downturn in demand that could result in some yards going bankrupt as ship owners cancel or postpone orders, according to bankers and analysts. The problems could be particularly acute in China, which is now challenging South Korea as the world's leading shipbuilding nation but where ...
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Bangladesh expanding shipbuilding
Six Bangladeshi business groups will invest over Tk 500 crore($73 million) in a year to establish shipbuilding facilities across the country, sensing high export potential of the industry. The business houses with expertise in real estate, steel sector and engineering works have already formed separate firms and acquired land for ...
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SCI floats global tender for 4 VLCCs
State-run Shipping Corp. of India Ltd (SCI) has asked for bids to buy four VLCCs, which currently cost $160 million each, to meet rising demand for crude in India. SCI currently owns two VLCCs."Unlike other shipping segments, the tanker market is firm," said T.V. Shanbhag, former head of Transchart, the ...
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GS pulls out of Daewoo consortium bid
South Korea's GS Group has withdrawn its bid to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering together with POSCO, a media official at the conglomerate said. It had earlier submitted its bid in a consortium with steel giant POSCO to buy the stake in the world's third-largest ...
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HHI bids for DSME
Hyundai Heavy Industries has submitted a final bid for local rival Daewoo Shipbuilding & Marine Engineering according to a Hyundai Heavy source. The source, who has direct knowledge of the matter, declined to be named. The deadline for final bids is today.
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STX gets bulker order
STX Shipbuilding has received a contract to build two bulk carriers worth 161.6 billion won ($129 million) from an unnamed customer in Asia. The 81,000 DWT vessels will be delivered by December 2011.
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Seadrill takes delivery of West Hercules
Seadrill took delivery of the deep water drilling rig 'West Hercules' from the DSME shipyard in South Korea. West Hercules is a sixth generation, high specification, deepwater, state of the art semi-submersible drilling unit. The rig, which is one of the largest drilling units in the Seadrill fleet, has a ...
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POSCO to make joint Daewoo bid with GS Group
POSCO and GS Group, rival South Korean bidders for Daewoo Shipbuilding, said yesterday they would team up in the race to buy the world's No. 3 shipbuilder. POSCO, the world's fourth-largest steelmaker, and GS Holdings , the holding company for energy-to-construction group GS, said in separate statements they were forming ...
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Daewoo decision likely later this month
A preferred bidder for Daewoo Shipbuilding & Marine Engineering Co. is likely to be announced later this month, industry sources said. State-run Korea Development Bank (KDB) and a state-run asset manager are seeking to sell their 50.4% stake in the world's third-largest shipyard bailed out in 2000 after its parent ...
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USA ratifies Marpol Annex VI
The USA has become the 53rd state to ratify Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL), with the deposition of an instrument of ratification with the IMO. Annex VI, which was adopted in 1997 and entered into force in May 2005, regulates the ...
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Spain delivers new support vessel to Vroon
Vroon Offshore Services of The Netherlands (VOS) today took delivery of another newbuilding, field support vessel VOS Prospector. The vessel was built by the Zamakona Shipyard in Spain.The newbuilding, designed for standby and emergency rescue and response service, will start a medium-term charter with Total in the UK sector of ...
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Kittiwake acquires BP's stake in Krystallon
Kittiwake and BP announced yesterday that agreement has been reached and completed for Kittiwake Developments Ltd to purchase BP's majority shareholding in Krystallon Ltd effective immediately.In 2006 BP and Kittiwake formed Krystallon, a joint venture company to develop innovative sea water scrubbing technology which reduces the environmental impact of ships ...
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U.S. loses Jones Act case
A federal court in Virginia has handed the Shipbuilders Council of America its second victory this year in cases it brought against the US Coast Guard for allowing major work on Jones Act ships to be done at foreign shipyards.Matthew Paxton, SCA president, said that District Judge T.S. Ellis of ...
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Brazilian shipbuilders get funding boost
The Brazilian government has pledged R$10bn ($4.5bn) of soft-funding to support the country?s resurgent shipbuilding sector. The government?s chief of staff, Dilma Rousseff, said the funds would guarantee not only the construction of new oil platforms and the expansion of state-controlled energy giant Petrobras tanker fleet, but also provide the ...
