All Motorship articles in Web Issue – Page 984

  • News

    Petrovietnam inks Aframaxes

    2006-07-06T00:00:00Z

    Vietnam Oil and Gas Corporation (Petrovietnam) has signed a contract with compatriot shipbuilder Vinashin for three 105,000 dwt Aframax tankers to transport crude oil for its first oil refinery at Dung Quat which is due to be operational in 2009.The three vessels are valued at around $65 million each and ...

  • News

    EC investigates Greek shipyard

    2006-07-05T00:00:00Z

    The European Commission (EC) has decided to extend its formal investigation under EC Treaty State aid rules into aid granted by Greece to Hellenic Shipyards S.A. (HSY), based at Skaramangas near Athens. In 2004, the Commission opened an investigation into amendments to an investment plan financed by investment aid to ...

  • News

    RR delivers gas turbine gensets to Korean Navy

    2006-07-05T00:00:00Z

    Rolls-Royce has delivered the first three gas turbine generator sets which will provide the main electrical power system for the Republic of Korea Navy?s first 7,000-tonne destroyer, designated KDX-III. The first AG9140RF gas turbine genset was produced at the Rolls-Royce Indianapolis plant, and the other two were assembled by Samsung ...

  • News

    Hanjin deploys world?s fastest boxships

    2006-07-05T00:00:00Z

    Hanjin Shipping has entered into service the 6,655TEU ?Hanjin Bremerhaven?, the world's fastest containership, on its Asia-Europe trade.Built by Hyundai Heavy Industries in Korea, the 304 metre long newbuilding is the first of the company's series of eight 58,000 dwt-class newbuildings. With a 68,332 kW main engine, the vessel will ...

  • News

    RK 280 becomes MAN 28/33D

    2006-07-05T00:00:00Z

    MAN B&W Diesel are making a further step in strengthening and consolidating their medium speed engine portfolio. The RK 280, previously developed and sold through the UK branch of MAN B&W Diesel, will be transferred to the headquarters in Augsburg and newly launched as an MAN 28/33D engine.The commercial responsibility ...

  • News

    Mersey gets new shipyard

    2006-07-04T00:00:00Z

    A new shiprepair business has been launched in Bromborough, Wirral in the UK, which aims to build new vessels and could bid to break up toxic "ghost ships".The Merseyside Slipway Company is a joint venture between Liverpool-based Mersey Heritage Ship Repair and Warbreck Engineering.The new venture has spent £1.5m buying ...

  • News

    Fugro orders survey ship

    2006-07-04T00:00:00Z

    Dutch-based offshore survey company Fugro N.V. has placed an order for a new vessel (Geo Caribbean) with the Bergen Mekaniske Verksted (BMV) shipyard in Norway. The vessel will be owned by Fugro and will be delivered no later than October 2008.The overall length of the vessel is 101 metres and ...

  • News

    Daewoo develops LNG scaffolding

    2006-07-04T00:00:00Z

    Daewoo Shipbuilding has developed scaffoldings to be used in all large LNG carriers? cargo containment tanks using an original design, manufacture and installation for the first time in Korean shipbuilding. In the past, the shipbuilder was dependent on imported scaffoldings that would result in problems with costs, and in ...

  • News

    Major semi-sub contracts for SBM Offshore

    2006-07-04T00:00:00Z

    Three Letters Of Intent have been received by Atlantia Offshore Limited, a fully-owned subsidiary of SBM Offshore N.V., from several Brazilian drilling contractors in the wake of major drilling contracts recently awarded by Petrobras for their deep offshore development plans. Under these LOI's, Atlantia would provide, on a lump sum ...

  • News

    Gearbulk demands compensation from Stocznia Gdynia

    2006-07-04T00:00:00Z

    Stocznia Gdynia, the Polish shipyard owned by the Ministry of the Treasure and its subsidies, was expected to get out of the red. Its GSM has agreed to increase the equity by up to PLN 500m (EUR 123.5m), the state-owned shipyard agency KPS is to lend it PLN 19m to ...

  • News

    Cosco orders two bulkers

    2006-07-04T00:00:00Z

    Cosco (H.K) Shipping Co., Limited places new order of two 300,000DWT bulk carriers with the Chinese shipbuilder NACKS. The new order also attaches two options. Ship price and delivery dates are not revealed.

  • News

    Shipyard to be established in Azerbaijan

    2006-07-04T00:00:00Z

    It is intended to construct a shipbuilding yard in the Garadagh District, Baku, by upgrading an existing shiprepair yard. Azerbaijan state-owned Caspian Sea Shipping Company?s chairman, Aydin Bashirov, told journalists that there are four shiprepair facilities in Baku and the company is negotiating with a number of Russian and Korean ...

  • News

    ABB supplies Chinese train ferry project

    2006-07-04T00:00:00Z

    Swiss-based ABB has won a contract to provide an electrical power plant and podded propulsion system for a train ferry between the eastern Chinese cities of Yantai and Dalian. Construction of the new ferry will begin in April next year and is scheduled to be completed in May 2008. The ...

  • News

    New waterjets from Wärtsilä

    2006-07-03T00:00:00Z

    Wärtsilä Corporation has introduced a new compact, high-performance waterjet that is optimized for fast vessels. The new Wärtsilä LJX waterjet offers, in comparison with other waterjets available today, a 25% reduction in mounting flange diameter, a 10% overall weight reduction and a 35% increase in cavitation margin. The LJX waterjet ...

  • News

    Chinese build Ketchikan floating drydock

    2006-07-03T00:00:00Z

    A new 2,500-tonne floating dry dock will be built by the Chinese shipbuilder Penglai Bohai Ship Co for the Ketchikan Shipyard, in Alaska, at a cost of $9.2 million for delivery in July 2007."This will provide us with the additional shiplift capacity on the dry docks themselves and, more importantly, ...

  • News

    South African shipper places barge orders in China

    2006-07-03T00:00:00Z

    Grindrod?s ship owning arm, Unicorn Shipping, has placed shipbuilding orders for two high-specification bunkering barges and secured options for more from a southern China shipyard.This had been done in response to the announcement by South Africa?s Grindrod?s black-economic-empowerment subsidiary, Southern Tankers, that it was diversifying into barged in-port bunker delivery ...

  • News

    Wärtsilä acquires German service company

    2006-07-03T00:00:00Z

    Wärtsilä has acquired the German service company INTEC Injectortechnic GmbH from the four persons owning and managing the company. The Hamburg-based company is specialized in fuel injection equipment, providing installation and services of injection components for marine diesel engines. The annual net sales are approx. EUR 3 million and the ...

  • News

    Mangalia in the red

    2006-06-30T00:00:00Z

    Daewoo Mangalia Heavy Industries (DMHI) shipyard, the biggest shipyard in Romania, last year recorded losses worth 18.5 million euros despite a 46% increase in its turnover. DMHI slipped into the red mainly because of the increase in the price of sheet metal according to a statement by the company management. ...

  • News

    Esnaad orders two UT vessels

    2006-06-30T00:00:00Z

    Esnaad, a wholly owned subsidiary of Adnoc in Abu Dhabi, has become the first Middle East based ship owner to order a vessel of UT-Design from Rolls-Royce. The contract covers the supply of two vessels with full of Rolls-Royce equipment. Construction of the UT780 Anchor handling Tugs (AHTS) has begun ...

  • News

    Delivery Stena Performance

    2006-06-30T00:00:00Z

    Concordia Maritime took delivery of 62,500 dwt Stena Performance, the fourth vessel in the P-MAX series of total eight vessels. The vessel is on charter for five years to the American oil company Amerada Hess Corporation.