All Motorship articles in Web Issue – Page 986

  • News

    Lockheed Martin to build another LCS

    2006-06-28T00:00:00Z

    Lockheed Martin has won a $198 million contract to build the third Littoral Combat Ship (LCS) for the U.S. Navy, the second LCS to be built by the Bethesda, Maryland-based firm. Virginia-based General Dynamics Corp is also building a LCS ship, the LCS No. 2. Lockheed said it would begin ...

  • News

    Cosco orders 8 boxships

    2006-06-28T00:00:00Z

    China Cosco Holdings Co, owner of China's second-largest container shipping line, has placed a $516.8 million order for eight new 5,100 teu container carriers. The shipbuilder is Jiangnan Shipyard, a unit of China State Shipbuilding Corp, and the first two would be delivered in June 2009 and the remaining six ...

  • News

    Farstad orders construction vessel

    2006-06-27T00:00:00Z

    Aker Yards has entered into a contract with Farstad Shipping for the building of a construction vessel with a value of approximately $135 million.The vessel is a new UT-design from Rolls-Royce and has been given the designation UT 761 CD. With a total length of 121.5 metres and breadth of ...

  • News

    Malaysia invests in new shipyard

    2006-06-26T00:00:00Z

    The Perak government in Malaysia has approved a land area of 69.76 hectares in Sungai Manjung, Lumut, on the west coast, for carrying out shipyard operations. About 24 hectares of the area was approved for Perak Shipbuilding & Engineering Sdn Bhd (PSESB), a subsidiary of the local shipping company of ...

  • News

    Japanese steel makers to hike price

    2006-06-26T00:00:00Z

    Japanese steel makers are trying to hike the price of thick steel plate for shipbuilding by $43 per tonne for all deliveries from October onwards. Price negotiation with shipyards will start next month.

  • News

    MISC orders four more tankers

    2006-06-26T00:00:00Z

    The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000 dwt tankers is estimated collectively to be in the region of $200 million.STX Shipbuilding of South Korea's will ...

  • News

    Sun Island finally launched

    2006-06-26T00:00:00Z

    Sun Island finally launchedOfficials at the Bach Dang shipyard in northern Hai Phong city said on Sunday that the newly built 10,500 dwt ?Sun Island? dry cargo vessel freighter that got stuck half-way down the slipway during its launch, has now been successfully freed and towed into the water without ...

  • News

    Dubai Drydocks looks to shipbuilding

    2006-06-26T00:00:00Z

    Shipbuilding has emerged as the second most important business for Dubai Drydocks which has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a new phase will cost another $10-$15 million, chief executive Geoff Taylor said. "We were looking to diversify our ...

  • News

    Canada set to expand naval forces

    2006-06-26T00:00:00Z

    The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium led by General Dynamics Canada is thought to be the leading contender and is expected to place much ...

  • News

    Seadrill to build new tender rig

    2006-06-26T00:00:00Z

    Seadrill, a Bermuda-based company with an offshore drilling fleet, has entered into an agreement with Malaysia Marine & Heavy Engineering for the purpose of building a new self erecting tender rig, T-11. The new barge unit is scheduled for delivery in the fourth quarter 2008, and capital expenditure is estimated ...

  • News

    STX seeks to build shipyard in Vietnam

    2006-06-26T00:00:00Z

    STX Group is planning to build a large-scale shipyard in Vietnam. The company confirmed that it is in negotiations with the Vietnamese government on the project and it is probable that the yard will be located in Khanh Hoa, a coastal province of southern Vietnam. However, details such as the ...

  • News

    Chevron orders oil rig with SBM for Brazil project

    2006-06-26T00:00:00Z

    US oil major Chevron has ordered a 100,000 barrel per day vessel-based oil rig with Dutch maritime engineering group SBM Offshore NV for its Frade project in Brazil.Chevron officials declined to give the value of the deal, under which SBM will build a floating production, storage and offloading rig (FPSO), ...

  • News

    Fate of Gdansk Shipyard hangs in the balance

    2006-06-26T00:00:00Z

    The ailing Gdansk Shipyard in Poland, which went bankrupt in 1998 and has since been part of the state-controlled Gdynia Shipyard group, is up for grabs again because Gdynia group is itself on the verge of bankruptcy and looking to obtain funds from a share issue. The government wants the ...

  • News

    Aker gets two DSVs

    2006-06-26T00:00:00Z

    Aker Yards has entered into a contract with DOF ASA for the building of one Diving Support Vessel (DSV), and a contract with DOFCON and Technip for a second DSV. Aker Yards is to build a 106 meter Diving Support Vessel for DOF, based on an Aker Yards design ?Aker ...

  • News

    Union fights Philly yard

    2006-06-23T00:00:00Z

    The Department of Homeland Security in the USA has rejected an AFL-CIO complaint about use of foreign-made parts at the Aker Philadelphia Shipyard, prompting the union to vow a political fight over U.S. shipbuilding protections.The Metal Trades Department of the AFL-CIO asked the US Coast Guard, part of Homeland Security, ...

  • News

    DSME gets Transocean drillship

    2006-06-23T00:00:00Z

    The Houston-based offshore drilling contractor Transocean Inc. has placed an order with Daewoo Shipbuilding and Marine Engineering yard (DSME)in Okpo, South Korea, for the construction of a dynamically positioned, double-hull drill rig ship. When delivered in early 2009, the $615 million enhanced Enterprise-Class drillship will be chartered to Norway's Norsk ...

  • News

    Daewoo Mangalia clinches boxship quartet

    2006-06-23T00:00:00Z

    Daewoo Mangalia Heavy Industries in Romania clinched four Panamax container ships. Gebab Holding GmbH & Co. KG and Conti Holding GmbH & Co. KG ordered two vessels each at a total price of $280 million and they will be delivered by October 2009.

  • News

    Aker acquires another yard

    2006-06-23T00:00:00Z

    Aker Yards has signed an agreement with Kleven Maritime to acquire Kleven Flor? AS, and Kleven Design AS, both located in Flor?, Norway, at a cost of NOK 60 million including debt, based on a working capital of zero. The acquisition strengthens Aker Yards' Merchant Vessels Business Area by adding ...

  • News

    Unique software support for CSR

    2006-06-22T00:00:00Z

    DNV has launched its new Nauticus Hull Software, which provides unique support for the Common Structure Rules (CSR) for both tankers and bulk carriers, only two months after the rules came into force in April this year. In an effort to support the industry in connection with the transition to ...

  • News

    Shina clinches PC pair

    2006-06-22T00:00:00Z

    Shina Shipbuilding in South Korea clinched an order from Polyar Tankers for two 49,700 dwt product carriers for delivery during 2009. The contract has two options attached.