All Motorship articles in Web Issue – Page 1008
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News
Keppel wins world?s first LNG FRSU conversion
Keppel Shipyard Limited (Keppel Shipyard), a subsidiary of Keppel Offshore & Marine Ltd, has signed a contract with Golar LNG Limited for the conversion of an existing Moss LNG carrier into a floating LNG storage and re-gasification unit (FSRU). The total contract value is approximately $55 million. When the conversion ...
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Mipo clinches eight product carriers
Hyundai Mipo Dockyard in South Korea clinched four 37,000DWT and four 47,000DWT product carriers from Turkish shipping company Geden Line. Total contract price is $349 million. They will be delivered by November 2008. Hyundai said it had targeted orders worth $13.02 billion in 2006, including $5.98 billion in ship orders, ...
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Hyundai Heavy buys into China Steel
Hyundai Heavy Industries (HHI) has reached a preliminary agreement to buy a stake in China's Qinhuangdao Shouqin Metal Materials. Qinhuangdao Shouqin is a steel making unit jointly owned by China's Shougang Concord International Enterprises and Shougang Corp. HHI inked a letter of intent to buy shares in Qinhuangdao Shouqin to ...
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SembCorp gets Bergesen job
Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured a S$88 million ($53.4 million) contract from Bergesen Worldwide Offshore to convert the VLCC ?BW Enterprise? to an FPSO.Bergesen Worldwide Offshore, a company within the Bergesen Worldwide Group, will own and operate the FPSO in the Gulf of Mexico under ...
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Aker and Alstom yards to join forces
Aker Yards and Alstom marine have announced their intention to join forces in shipbuilding and create together one of the world leaders in this industry focusing on high value added ships, especially cruise ships.The parties plan to establish a new company consisting of the shipyards in Saint Nazaire and Lorient. ...
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Largest Vietnam tanker launched
The Bach Dang Shipbuilding Company, a subsidiary of the Vinashin group, recently launched a 13,500 dwt oil tanker, named ?Vinashin Sea?, the largest ever built in Vietnam. The tanker, 145 m long, 20.8 m wide and a depth of 11.2 m, is equipped with a German-made 5,180 kW engine.The yard ...
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Stena orders four more from Russia
Stena has placed an order for up to four new ropax vessels with the BaltiyskyZavod yard in St Petersburg, Russia. The Russian yard is already building the hulls for two similar ropax vessels in the ?Seabridger? class which will be equipped and finished by Fosen Mek. Verksteder in Norway. The ...
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GSL embarks on modernisation drive
Goa Shipyard Limited (GSL) here has embarked on a modernisation drive to augment its infrastructure facilities to manufacture state-of-the-art vessels with competitive prices and shorter delivery schedules. A GSL source said it had appointed consultant Haskoning Nederland B.N. of the Netherlands to prepare a master plan for the modernisation project.GSL ...
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Daewoo sees rising orders
Daewoo Shipbuilding and Marine Engineering in South Korea is aiming to win $10 billion worth of orders in 2006, up 47 % from $6.8 billion in 2005.It also expects to win a combined $1.8 billion worth of shipbuilding orders between January and February for an unspecified number of liquefied natural ...
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Keppel lands offshore contracts
Keppel Singmarine has clinched three newbuilding contracts worth a total of $72.3 million. The first contract involves the construction of four anchor handling tug/supply (AHTS) vessels at its Keppel Nantong Shipyard, northwest of Shanghai. The deliveries of these vessels are expected between third quarter 2007 and mid 2008. The owner ...
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Damen inks Swedish coastguard job
Damen Shipyards Gorinchem has been awarded a contract from the Swedish Coastguard in Karlskrona to construct two 80 metre multi purpose vessels. The contract covers design, engineering and construction of two vessels which shall be deployed by the Swedish Coastguard to carry out patrol duties, environmental protection and salvage operations. ...
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China launches first LNG carrier
China's first LNG carrier was recently launched at the Hudong-Zhonghua shipyard in Shanghai and is scheduled for delivery in October 2007. The LNG ship is regarded a high-tech product with high-added value in the shipbuilding industry and marks China?s entry into this lucrative market. China put more than $12.4 million ...
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Iran to build Rickmer ships
A contract to build four ships for German owner Rickmers Shipping has been awarded to Sadra of Iran. The value of the contract is $120m and the first ship will be delivered in 30 months. The newbuildings will each have a cargo capacity of 25,000 tonnes.
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Hyundai breaks world record
Hyundai Heavy Industries (HHI) marked a world record of 890,000 bhp for large size marine engines for one month by completing a test run of the final marine engine on the 27th of December. It is the biggest production since it manufactured its first engine in 1979. HHI had previously ...
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Bohai clinches huge new orders
Bohai Shipbuilding Heavy Industries won orders for four 300,000DWT VLCCs, four 3,500 cbm LPG carriers and eight 46,000DWT product carriers from Nanjing Tanker Corporation of Changjian Shipping Group. Total contract price is $743 million and delivery of the 16 ships will be started from 2007.Seyang Shipping in South Korea placed ...
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Atlas Elektronik sold
BAE Systems has sold its German sonar business Atlas Elektronik to the European aerospace group EADS and Germany's ThyssenKrupp Technologies. They will pay about EUR145m in cash and assume Atlas's pension liabilities of EUR72.4m. ThyssenKrupp will own 60% of Atlas with EADS holding 40%.BAE, Europe's largest defence company, put Atlas ...
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News
Aker and Brittany Ferries sign LOI for ferry
Aker Yards and the French company Brittany Ferries have signed a Letter of Intent for the building of a roro-passenger ferry worth approximately 105-110 million euro for delivery in October 2008 at the latest.The present orderbook of Aker Yards includes another order from Brittany Ferries, i.e. a trailer ropax worth ...
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Shipbuilding in China hits 12 million tonnes
The output of China's shipbuilding industry reached 12 million tonnes in 2005, making up 18% of the global share, according to the China Shipbuilding Industry Association. China's top two shipbuilding giants, the China Shipbuilding Industry Corporation (CSIC) and the China State Shipbuilding Corporation (CSSC), reported annual output of 3 million ...
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Sale eyed for Daewoo Shipbuilding
South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006. State-run Korea Development Bank (KDB) and government restructuring agency KAMCO own a combined 50.6% stake in the world's second-biggest shipbuilder.KDB, which is ...
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Chinese win more export orders
Guangzhou Shipyard International in China secured contracts for two 51,800DWT chemical tankers from Torm and one from Gotland. Delivery date and price were not revealed. Guangzhou Wenchong Shipyard clinched a 1,700TEU container ship from BSC in Germany for delivery late 2007.
