Motorship News – Page 875
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Evergreen may invest in Chinese shipyard
Evergreen Group, parent of Taiwan's biggest shipping line, may invest in a Chinese shipbuilder to accelerate delivery of new vessels. The company "is looking for opportunities overseas" and "China is one of the options," Nieh Kuo-wei, a company spokesman, said. Possible locations for the venture include Guangzhou in China's southern ...
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Samsung wins massive order
Samsung Heavy Industries has won a $1.3 billion order to build five container ships and one offshore oil-processing vessel for a European client. The latest deal brings its total orders this year to $15.2 billion, exceeding the annual target. It has so far this year won deals to build 86 ...
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ISD seeks ownership of Polish shipyard
ISD seeks ownership of Polish shipyardISD Polska, whose majority owner is the Ukrainian Donbas, has placed a binding offer to purchase newly offered shares of the Gdansk Shipyard (SG) for 400 million zloty. ISD Polska also wants to buy out the rest of the Gdansk Shipyard?s shares, whose owners now ...
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China considering licensing shipbuilders
Last year, the State Council of the People's Republic of China set specific targets that would see the shipbuilding industry reach an output of 17 million dwt and a capacity of 23 million dwt by 2010 and an output of 22 million dwt and capacity of 28 million dwt by ...
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EU says Gdansk shipyard merits 'sustainable, viable future'
The European Commission believes Poland's Gdansk shipyard merits a 'sustainable and viable future', spokesman Jonathan Todd said as competition commissioner Neelie Kroes met with worker representatives from the site. The commission has yet to make a decision on state aid for the shipyard after Polish authorities rejected demands to reduce ...
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Titan buys Chinese shipyard
Integrated oil logistics provider Titan Petrochemicals Group Limited (Titan) has reached a definitive agreement to acquire a 100% interest in Titan Quanzhou Shipyard from its majority shareholder for a total consideration of $170 million. The acquisition is in line with Titan?s stated strategy of transforming its business away from the ...
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Ningbo gets Global Carriers contracts
The Malaysian shipping company Global Carriers Bhd has awarded two shipbuilding contracts worth a combined $21.76 million to the Chinese shipbuilder Ningbo Shipyard Co Ltd. The contract involves building two double-hull oil product tankers. The first vessel will be delivered in late 2008 and the second will be delivered about ...
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CESS annual meeting
The Committee for Expertise of Shipbuilding Specifics (CESS) held its annual meeting in San Francisco on 30 August when the members associations Japan, Europe, Korea and U.S.A. gathered and discussed key issues surrounding the global shipbuilding industry. Unfortunately, China was unable to attend this time.The discussion was focused mainly on ...
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Aker standardising on FORAN system
Aker Yards ASA has entered into a contract with the Spanish company Sener Ingenier?a y Sistemas S.A. for the implementation of FORAN System across the group's shipbuilding organization.FORAN is already operating successfully at seven sites of the Norwegian shipbuilding group and, based on the experience using FORAN so far, Aker ...
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India?s first offshore rig faces delay
The construction of the first indigenous offshore drilling rig in India is likely to be delayed as Mumbai-based Bharati Shipyard may not be able to build and deliver the jack-up rig by the scheduled month of April 2009. As part of its foray into the offshore space, Bharati Shipyard is ...
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Second BCF Super-C ferry launched
The second of B.C. Ferries (BCF) Super C-Class vessel was recently launched at the FSG Shipyard in Flensburg, Germany. Named ?Coastal Inspiration?, the newbuilding will carry 370 vehicles and 1,650 passengers on the high-volume runs between the B.C. Lower Mainland and Vancouver Island.The first vessel, ?Coastal Renaissance?, is scheduled to ...
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Iran seeking LNG vessel technology
Iran has formed an international consortium to attain technology for constructing LNG carriers. Iranian Offshore Engineering and Construction Company (IOECC) is currently holding talks with reputable international companies to acquire the technology to construct LNG-carrier vessels according to IOECC?s managing director Masoud Soltanpour. Soltanpour stressed that because domestic shipping companies ...
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ABG close to bagging European order
According to industry sources, ABG Shipyard is close to bagging a $350 million European order. However, ABG Shipyard management has said that it cannot comment on the specific deal.Anything above $360 million would be the largest order for ABG Shipyard because the last order they got was close to $360 ...
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LR launches RuleOutlook Live
Lloyd?s Register has announced the introduction of RuleOutlook Live, a new interactive online service to keep ship owners and operators informed and up to date with the regulatory environment affecting the maritime industry.RuleOutlook Live presents comprehensive and timely information on future legislation emanating from such bodies as the International Maritime ...
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EU mulls Polish shipyard future
The European Commission is considering the future of Poland?s Gdansk shipyard as Warsaw opposes EU demands to cut down the yard?s production capacity. The Baltic Sea Gdansk shipyard faces the EU ultimatum to reduce its three slipways for building ships to only one, or repay state aid funds, mainly provided ...
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Danish yard wins Greek bulkers
Odense Steel Shipyard Ltd. (Odense Staalskibsv?rft A/S) in Denmark has concluded contracts with Carras Hellas Group, Greece, for a series of newbuilding Capesize bulk carriers. This new 180,000 dwt design has been developed between Odense and Carras and deliveries are scheduled to commence in 2009. These orders, which will ...
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Aker to build two AHTS vessels
Aker Yards has entered into a contract with an international shipping company to build two 5,000 dwt anchor handling tug supply vessels of Aker Yards AH 12 design.The total value of the contract is approximately $292 million and deliveries are scheduled for Q4 2010 and Q2 2011. The hull for ...
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MCA detains eleven ships
The Maritime & Coastguard Agency (MCA) in the UK detained eleven foreign ships in UK ports during July 2007 after failing Port State Control (PSC) safety inspection.Latest monthly figures show that there were nine new detentions of foreignflagged ships in UK ports during July 2007 and two vessels under detention ...
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Rotortug orders
In a repeat order, KST BV, formerly trading under the name Kooren Shipbuilding and Trading, recently closed contracts with Unterweser Reederei GmbH of Bremen, Germany, for the construction of two Rotortugs RT80-28. The 28 metre long tugs, previously known as RT80-r, are expected to have a bollard pull in excess ...
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ABG to buy WISL
Mumbai-based ABG Shipyard is all set to take over Western India Shipyard (WISL) in a $48 million deal to be announced in a few weeks. ABG will get management control of WISL and the 40% stake held by financial institutions led by ICICI Bank. Sources said the deal will not ...
