Motorship News – Page 787
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News
Newbuild prices drop despite rise in steel
According to Lloyds List, analysts believe the price of Chinese newbuildings will continue to decline in the second half of this year despite a 33% surge in the country's steel price between April and June. The China Iron and Steel Association earlier reported that the country's 71 large and medium ...
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News
Odense yard discontinues shipbuilding
Historically, Odense Steel Shipyard (Lind?) has had a very special role in the A.P. Moller - Maersk Group.Due to the expansion of shipbuilding capacity in low cost countries in the Far East and most recently with China?s determined endeavours of becoming the world?s largest shipbuilding nation, the competitive situation for ...
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News
Nakilat Damen JV to build ships
Nakilat, the Qatar Gas Transport Company, plans to start building commercial and leisure vessels in the first half of next year in a venture with Damen Shipyards Group BN of the Netherlands. The LNG shipper is seeking to expand its revenue sources and the venture, in which QatarGas will have ...
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Largest drydock opens
A shipyard that has laid claim to be the largest in the world in terms of physical size began operation at Changxing Island in Dalian, a coastal city in northern China. STX (Dalian) Shipbuilding Co, a subsidiary of the STX Group in Korea, and the investor of the project, said ...
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Edison Chouest plans new PSV design
The Louisiana-based Edison Chouest Offshore plans to design and build a series of twelve 91m, 5,300 dwt deepwater diesel-electric platform supply vessels (PSVs). Currently Chouest is building twelve PSVs based on its previous 85m design, which are scheduled to be delivered through the second quarter of 2010. Upon the delivery ...
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News
Croat shipyards sale attracts wide interest
A tender for the sale of Croatia's state-owned shipyards has already attracted firm interest at home and abroad following the recent issue of an international tender for the sale of six shipyards. Their privatisation is a key condition for progress in entry talks for the European Union.So far, two to ...
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News
Fincantieri secures more naval export orders
Fincantieri has won orders worth a total ?250 million to build a corvette for the United Arab Emirates Navy and a fleet tanker for the Indian Navy. The contract for the 88 m "Abu Dhabi class" corvette for the U.A.E., due for delivery early 2011, includes an option for a ...
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News
Last GPA 670 MkIII completed by Sinopacific
In July another offshore vessel series, designed by the Seattle-based naval architect firm Guido Perla & Associates (GPA), was completed at the Zhejiang Shipyard, part of the Sinopacific Shipbuilding Group, in China with the delivery of the fourth vessel of this series. The GPA 670MKIII PSV vessels measure 73.20m in ...
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News
Latest SWATH deliverd
TKMS Blohm + Voss Nordseewerke in Emden, a company of ThyssenKrupp Marine Systems, has delivered a new vessel for the German Customs Administration. Named 'Helgoland', the 50 m long twin-hull SWATH vessel (Small Waterplane Area Twin Hull) is characterized by an excellent seagoing behaviour and extremely safe operating conditions at ...
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News
TOP Ships takes delivery of last newbuilding
Athens-based TOP Ships Inc. has taken delivery of the 50,000 DWT product / chemical tanker "HONGBO" from SPP Plant & Shipbuilding Co., Ltd in South Korea. The "HONGBO" is the last of a six-ship series from the shipbuilder and has entered into a bareboat time-charter employment for a period of ...
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NewsMAN Diesel ceases engine production in Frederikshavn
An S35ME-B engine leaves MAN Diesel's Frederikshavn production facility, where engine building is to cease.The continuing financial and economic crisis and the market forecasts for the maritime sector in the coming years have forced the executive board of MAN Diesel SE to decide on a realignment of the company?s site ...
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News
Vale considering mega ore carriers
The Brazilian iron ore producer Vale SA, is considering building 400,000 DWT ore carriers for its own fleet to serve the growing Chinese market and cut costs. Vale?s fleet has helped the Brazilian miner to reduce freight costs when shipping ore to Asia, and the company claims its own freight ...
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FBMA Marine fighting to stay afloat
UK-operated shipbuilder FBMA Marine in Cebu, Philippines has "ceased operations", although it is still looking for new orders to stay in business. "We have stopped operations, but we have not closed down," Doug Border, president and chief operating officer of FBMA said.Border said the yard had no orders on hand ...
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News
Government loans keep German yard going
Germany's Wadan Yards will receive two loans totalling ?20.5m ($28.8m) from the government of Mecklenburg-Western Pomerania. The money will be used to set up two transitional companies for the 2,400 employees of the yards in Rostock-Warnemünde and Wismar. The European Union will support the transitional companies with an additional ?10.1m ...
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News
Cancelled Namura bulkers snapped up
Industry sources say that four companies have purchased the five cancelled 32,000 DWT handysize bulker newbuildings which Cido Shipping had ordered from Namura Shipbuilding's Hakodate yard in Japan. NYK Bulkship is taking two and Shih Wei Navigation of Taiwan and two unidentified buyers respectively taking one. Hakodate is scheduled to ...
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News
Philippine yard deliver first newbuild
Philippine shipbuilder Colorado Shipyard Corp., which invested P1.04 billion for its facility in Cebu, has sold its first catamaran, a 33-meter aluminium vessel, to Demining International. This newbuilding has a service speed of 30 knots with a capacity of 30 tonnes of cargo and 60 persons. Its price was not ...
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Shipyards CEO?s contract not renewed
Malta Shipyards chief executive Christopher Bell has relinquished his post and reportedly left the island in search for new pastures, after government refused to renew his contract. A spokesman for the Ministry for Investments, Transport and Communications (MITC) confirmed that Bell?s contract expired in June last year, however it was ...
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News
Box fleet growth stalls as scrappings surge
The containership liner fleet growth has almost stalled during the past few weeks as ships are joining scrap yards in droves while newbuilding deliveries are ebbing according to Alphaliner. Over the month of July, the total container capacity deployed on liner services has increased by 7,000 teu only, according to ...
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WSS offers refrigerant changeover solutions
Ships service agency Wilhelmsen Ships Service (WSS) is equipped for the complex changeovers that the Montreal Protocol will demand when it comes into law on 31 December 2009.After this date, the European Union will not permit ships? crews to maintain, service or top up any refrigeration systems containing R-22 or ...
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News
DNV develops new PSC tool kit
In a major effort to reverse the recent negative trend in port state detentions, DNV has developed a Port State Control Toolkit that is especially designed to raise awareness and focus attention on pro-active preparation for port state inspections."Port state detention statistics are one of the most important ways by ...
