All Motorship articles in Web Issue – Page 921
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News
China overtakes Japan
For the first time China has overtaken Japan to rank the second in terms of vessel order book tonnage with a record $5.49 billion new orders during the first half of the year. This represents an increase of 61% over the same period last year and, according to London-based Clarkson, ...
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Angola to get new shipyard
A project to build a shipyard at Porto Amboim in the Angolan province of Kwanza Sul has been presented by two oil companies, Servi?os de Produ??o de Petroleos (OPS) and Sonangol.Jo?o Filipe Rodrigues, commercial director of OPS, said the new shipyard would produce metal equipment for the oil industry and ...
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Second ST design for CTC Marine Projects
Skipsteknisk AS of Norway was awarded the design contract for a second vessel ordered by Volstad Maritime AS for DeepOcean through its subsidiary CTC Marine Projects Ltd. The vessel of ST-256 L design has a length of 122.4 m and will be built by Fosen Mek. Verksted AS for delivery ...
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Keppel expands capacity with Nantong Shipyard
Keppel Offshore & Marine Limited (Keppel O&M) has officially opened its new wholly-owned subsidiary, Keppel Nantong Shipyard Co Ltd (Keppel Nantong), in Nantong, Jiangsu province, China. The official ceremony was marked by the keel laying of two AHTS for Whitesea Shipping & Supply LLC (WSS) company based in United Arab ...
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Punj Lloyd buys into Pipavav Shipyard
The New Delhi-based infrastructure major Punj Lloyd has acquired a 25.1% stake in Pipavav Shipyard (PSL) for Rs 403 crore. The deal, done through preferential allotment, is seen as a strategic investment by Punj Lloyd to support the growth of its business in the offshore sector. "This investment will provide ...
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Bharati bags UP Offshore order
Mumbai-based shipbuilder Bharati Shipyard has bagged an additional order worth about $44 million from UP Offshore (Bahamas) Ltd., for two platform supply vessels. In April, the company had secured the first order for two PSVs worth $43 million from UP Offshore, a subsidiary of Ultrapetrol (Bahamas) Ltd. and engaged in ...
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New Aussie cat for Japan
The first Incat 112 metre high speed ferry has been delivered to the Japanese ferry operator Higashi Nihon Ferry. The new Incat 112 metre wave piercing catamaran was specifically designed and built to meet the requirements of Higashi Nihon Ferry and will be able to handle the demanding challenges of ...
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PRISCO launches second Suezmax
The Russian tanker operator Primorsk Shipping Corporation (PRISCO) recently launched ?PRISCO Alcor?, its second Suezmax type tanker. The 166,000 DWT newbuilding is under construction at Hyundai Heavy Industries Shipyard in South Korea and delivery is scheduled for end September.Built to ice class 1A, the tanker has a length of 285 ...
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Newbuilds must have protected bunker tanks
New regulation 12A of Annex I of MARPOL on oil fuel tank protection, adopted by MEPC 54 on 24 March 2006 will come into force. It sets out the requirements concerning the location of oil fuel tanks in all ships with an aggregate oil fuel capacity of 600m3 and above ...
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China launches salvage vessel
China's most advanced salvage vessel "Nanhai 101" was recently launched at Guangzhou Huangpu Shipyard and will be delivered in October to the to Nanhai Rescue Bureau in the Ministry of Communications. The 109.7 metre long newbuilding is the first of its kind built in China during the 11th five-year plan ...
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Cameroon shipyard works progressing
Work at the Limbe shipyard project, the second biggest infrastructural venture in Cameroon after the Chad-Cameroon pipeline, is running on schedule. Good progress has been made as work on the 700m x 8m breakwater, whose construction works commenced in February 2005, has been completed using an estimated 1.5 million tonnes ...
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Biggest boxships yet built by HHI ordered
Nordcapital Group and Hyundai Heavy Industries (HHI) signed contracts for the building of eight massive container ships with a capacity of 13,100 TEU each. These will be the largest container ships HHI has built and also represents the biggest single contract for the shipbuilders with a value of $1.4 billion. ...
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IHI to set up factory in Vietnam
Japan?s leading shipbuilder, IHI Corporation, will establish a 100% foreign-owned factory in Vietnam?s northern city of Haiphong. The move makes the first time that a large foreign shipbuilder has established a facility specialising in ship design in Vietnam. The factory is expected to represent 25% of the design of commercial ...
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Horizon wins tug contract
Horizon Shipbuilding in Bayou La Batre, USA, has won a $80 million contract to build up to nine 43 metre tugs designed to push barges full of refined oil products on the nation's inland river transport system. The three-year deal will mean hiring about 120 new workers at the Bayou ...
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MOL in joint ownership of new LNG carrier
Mitsui O.S.K. Lines, Ltd. (MOL) has announced that, together with the Kansai Electric Power Co., Ltd., and Iino Kaiun Kaisha, Ltd. (Iino Lines), it has agreed on joint ownership of a newly built LNG carrier (MOSS type, 145,000m3). MOL will hold a 15% share of the new vessel, Kansai Electric ...
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HHI on-ground system cuts build time
Hyundai Heavy Industries Co., Ltd. (HHI) recently launched an 82,000 m3 LPG carrier for Norwegian company BW Gas, formerly known as Bergesen. This is the first LPG carrier built on the ground at HHI, rather than in the conventional dry dock method. The Korean shipbuilder has so far completed 16 ...
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BAE - VT merger
The UK shipbuilders BAE Systems and VT Group confirmed the long-awaited merger of their shipbuilding assets following the Government?s decision to provide the Royal Navy with two new aircraft carriers. The £1 billion company will effectively become the UK?s last shipbuilder and the joint venture will own dockyards at Portsmouth ...
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AMC gets new wharf
The Australian Marine Complex (AMC), Australia?s premiere shipbuilding precinct, has been a hive of activity recently with the opening of a new wharf. Located on the shores of Cockburn Sound, 23 kilometres south of Perth, Western Australia, the complex has become Australia's leading integrated industrial estate with a deepwater port, ...
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SSN in financial trouble
Just five years after it was founded, Stocznia Szczecinska Nowa (SSN) is facing bankruptcy. The Polish shipbuilder is supposed to get PLN 100-200m (EUR 26.6-53.2m) of capital and PLN 34m of credit. SSN wants its shareholders, i.e. state-owned Agency for Industrial Development (ARP) or KPS corporation, to raise its capital. ...
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Erria awards Rushan contract for three chemical tankers
Danish maritime company Erria A/S has awarded the Chinese shipbuilder Rushan Shipyard a newbuilding contract for three chemical tankers. The contract covers a firm order for three 6,500 DWT chemical tankers and options for three plus three additional vessels. No financial details were disclosed. Erria, headquartered in Kastrup, Denmark, is ...