All Motorship articles in Web Issue – Page 839
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News
China unveils shipbuilding stimulus plan
Beijing unveiled a stimulus plan to help domestic shipbuilders ride out the global financial crisis by encouraging eligible firms to list and sell bonds, and by hastening the establishment of shipbuilding-focused investment funds.Under the three-year stimulus plan, the government will ask financial institutions to give credit support to shipbuilders affected ...
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NASSCO lays keel of fourth product carrier
General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics, has laid the keel of the fourth ship of its State-class product carriers. The ship will be named Empire State.NASSCO began constructing the Empire State last January. The ship will be double-hulled and have a cargo capacity of approximately 331,000 barrels. ...
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DSME breaks order drought
Daewoo Shipbuilding & Marine Engineering Co. (DSME) has won a $45 million order to build a small-sized barge ship, its first shipbuilding order of the year. The deal with a Dutch company calls on DSME to deliver the vessel by the end of 2010, the company said in a statement. ...
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MIDI preferred bidder for Maltese yacht yard
The Midi consortium is expected to be named the preferred bidder for the Manoel Island Yacht Yard according to The Malta Business Weekly. This particular business unit of the Malta Shipyards is known to be lucrative and comprises a yacht repair yard with slipways, refit and storage facilities.Another two consortia ...
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Brazil presses Korean shipbuilders for tech transfers
Brazil is pressing cash-strapped Korean shipbuilders to hand over their core technologies in return for orders. With work hard to come by, they are willing to oblige and Samsung Heavy Industries has sent a letter of intent (LoI) to Brazilian investors to that effect. "We are better positioned to win ...
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Final Monte-class boxship christened
The ?Monte Aconcagua?, the last of a series of ten of Hamburg Sud's 5,552TEU Monte-class containerships was recently christened in Hong Kong. Following the naming ceremony, the newbuilding was phased into the shipowner's Asia - South Africa/South America East Coast Service (New Good Hope Express).The 45,765kW ?Monte Aconcagua? has a ...
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Bergen lands Russian fishing vessel contract
Bergen Group BMV, a subsidiary of Norway's Bergen Group has signed a NOK 2.7 billion ($435.3 million) contract to deliver two advanced pelagic trawlers and research vessels to Aqueda Shipping Limited and Mariora Shipping Limited. The vessels are to be delivered in 2011, and the contract is valued. The two ...
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New ferry yard for Indonesia
The Indonesian government-operated ferry firm PT Indonesia Ferry has signed a tentative agreement with South Korean shipbuilders Samsung Heavy Industries and 21st Century Shipbuilding on a shipbuilding project which could be worth up to $2 billion. Under the agreement, the two Korean companies would provide assistance to the ferry company ...
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Another Costa cruiseship delivered
The ?Costa Pacifica?, the fourteenth ship in the fleet of Costa Cruises was delivered on May 29 at the Genova-Sestri Ponente shipyard by Fincantieri. The sister ship of the ?Costa Concordia? and of the ?Costa Serena?, the ?Costa Pacifica? is the "ship of music". Weighing in at 114,500 GT, she ...
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Paris MoU new targeting lists
At its 42nd meeting last month, the Paris MoU Committee approved the 2008 inspection results and adopted new performance lists for flag States and RecognizedOrganizations. These lists will take effect from 1 July 2009.The "Black List" for 2009 contains 21 flags States, two more than last year. The2008 "White List" ...
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HamiltonJet opens Singapore office
New Zealand-based waterjet manufacturer HamiltonJet has opened a new regional sales and support office in Singapore. The company already has regional offices in the UK and US, and the new office will support HamiltonJet distributors across Asia and into the Middle East. HamiltonJet Global Sales & Marketing Manager Mike Shearer ...
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WA companies set new standards for offshore vessels
Two Western Australian companies have cooperated to set new design and construction standards for multi-million dollar high speed vessels built specifically for the Australian offshore market.Fremantle maritime support solutions company Samson Maritime ordered two 40m fast utility vessels from Henderson-based Strategic Marine last July, with the first of the vessels ...
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Common rules and standards for ship inspection published
The European Marine Equipment Council (EMEC) has welcomed the new regulation (EC) 391/2009, published on 28 May. Amongst others, the Regulation will, if effectively implemented, in the coming years, lead to the harmonisation of class rules, paving the way for the creation of a clear and coherent regulatory framework for ...
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First green passport for CMAL
The passenger and vehicle ferry Canna has become the first ship in Caledonian Maritime Assets Ltd's fleet to be issued with a Lloyd?s Register 'Green Passport'. This follows a training workshop for CMAL staff and a comprehensive audit process managed by LR. The Green Passport - officially termed an ...
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Economou backs GRI
George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched in May. The $300m GRI aims to integrate the needs of steel producers to be able to produce ethically sourced steel from traceable scrap and the needs of shipowners to recycle ships ...
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CSSC plans new shipyard
Despite the collapse in the newbuilding market, state-owned Chinese shipbuilder China State Shipbuilding Corporation (CSSC) is planning to invest up to Yuan10bn ($1.5bn) to build a shipyard in Zhongshan , Guangdong province. The project is located adjacent to the Zhongshan Industrial Development Zone, with a total land area of 4,800 ...
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Creditors eager to revive Jinse
Three non-life insurance companies which are creditors of Jinse Shipbuilding of South Korea are requesting another creditor banks to delay collecting debts but the banks are refusing to do so. Meritz Fire & Marine Insurance, Heungkuk Fire & Marine Insurance and Hanwha Non-life Insurance has recently sent an official document ...
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Gulf capital buys Polish shipyards
Gulf capital is behind the consortium which bought two of Poland's three historic shipyards this week, Polish Prime Minister Donald Tusk indicated Saturday. "There is a specific fund which represents the interests and financial potential of that region. It would not have been possible without my many visits to Qatar ...
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Malta calls for fresh bids
The Maltese government has asked bidders who submitted offers for the four business units comprising the Malta Shipyards to reconsider the financial portions of their bids and they have until 20 June to submit their new proposals. It is understood that the government has directly indicated to the bidders that ...
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Owners ask yard for lower prices
Taizhou Sanfu Ship Engineering is set to begin talks with owners who have requested lower contract prices for bulk carriers already on order. The privately-owned Chinese shipyard said that it had received no requests to cancel any ships on its orderbook, now comprising 47 vessels. But commercial director Qin Weimin ...
