HOWALDTSWERKE-DEUTSCHE WERFT
Six New Subs for Turkey
On July 2, 2009, a contract was signed in Ankara by Howaldtswerke-Deutsche Werft GmbH (HDW), a company of ThyssenKrupp Marine Systems AG (TKMS), and MarineForce International LLP (MFI) for the construction of six submarines within the Turkish “New Type Submarine” program. The contract comprises the delivery of six material packages for the construction of submarines based on Class 214. The contract was concluded between the HDW/MFI Consortium and the Turkish defense procurement authority. This makes Turkey the fourth country after Greece, South Korea and Portugal to equip its navy with this submarine type and raises the total number of units of this class ordered to date to 21. Two of these boats are already fully operational with the South Korean Navy.
Three Vie To Buy Shipyard
Greece received three bids for the sale of a majority stake in Hellenic (Skaramanga) Shipyards, one of 10 privatizations the development ministry has planned for 2001. "We have three bids, but one bid has no letter of guarantee. It's important that we have two bids that are good. They are what we were expecting," Deputy Development Minister Alekos Kalafatis said. Germany's biggest shipyard Howaldtswerke-Deutsche Werft AG (HDW)-Ferrostaal AG and Greece's Neorion Shipyards subsidiary Elefsina
Industry Pays Tribute to Innovation Awards Winners
Winners of the Lloyd’s List-SMM 2002 Awards for innovation in shipbuilding and marine technology were announced in the Hamburg Congress Centre last night (September 24) at a gala ceremony which brought day one of the world’s biggest maritime fair to a glittering conclusion. Several hundred leading industry figures gathered for the final stage of an initiative launched in March by Lloyd’s List and SMM organisers Hamburg Messe to recognise the technical advances which enable maritime
Nine Companies Bid for Hellenic Shipyards
Nine companies expressed interest in the privatization of Hellenic Shipyards at Skaramanga, part of the country's privatization agenda for 2001, the development ministry reported. The government's advisers on the project will shortlist bidders in the next 15 days and then ask for binding bids for the shipyard, whose major shareholders are ETBA Bank and workers. The ministry expects the project to be concluded by June.
Trico Marine Rated As Strong Buy
Deutsche Banc Alex.Brown said on Thursday that it had started coverage of Trico Marine Services Inc., an energy services provider, with a strong buy rating and a $20-a-share price target. Trico shares closed at $16-1/16 on Wednesday. Deutsche Banc Alex Brown analysts said shares could rise from earnings leverage due to offshore oil rig use in the Gulf of Mexico and the North Sea, expanded deep-water markets of West Africa and Brazil, a projected earnings recovery
Paragon Moves on Containerships
Paragon Shipping Inc. has sold one of its newbuilding Kamsarmax contracts and has also entered into agreements to acquire two 3,400 TEU newly built containerships from their builder Howardtwerke-Deutsche Werft, GmbH, Germany at a price of $49m. The container vessels are scheduled to be delivered to Paragon between July and August, 2010. “We have taken advantage of favorable conditions in the sale and purchase markets to sell one of our Kamsarmax newbuilding contracts and also to acquire
SSP Pod Approved For Service
After more than two years of development and successful performance trials at Howaldswerke-Deutsche Werft AG in Kiel, the Siemens-Schottel Propulsor (SSP) consortium was granted approval for the new SSP marine propulsion system. Classification society Det Norske Veritas was responsible for technical acceptance of the propulsion system for worldwide service. The SSP is the result of a successful cooperation between two German marine industry stalwarts
Meyer Werft Offers 60 Apprenticeships
Meyer Werft will offer another 60 apprenticeships as of September this year, increasing the number of young people being trained at the shipyard in various professions to 277. This announcement was made by Bernard Meyer, managing partner of the shipyard, during the inauguration ceremony for the new Visitors' Center on the yard premises. Full order books keeping the shipyard occupied well into 2012 call for more skilled personnel
MS&D 2009 Hamburg
The latest surveillance, defence and security equipment is presented by the 60 exhibitors at MS&D 2009, the international conference and exhibition on Maritime Security & Defence (MS&D), to be held at the Hamburg Fair site from 30 September to 2 October 2009. The exhibits include sophisticated optical and acoustic sensors, which have substantially improved the automated monitoring and control technology of security and defence equipment and systems
Meyer Werft Delivers Disney Dream
Disney Cruise Line took possession of its newest ship – Disney Dream – from the Meyer Werft shipyard in a traditional maritime ceremony aboard the ship in Bremerhaven, Germany. The Meyer Werft flag was lowered, while the Disney Cruise Line flag was raised, transferring ownership from the shipbuilder to Disney. The milestone closes the book on the ship’s construction journey, which began nearly two years ago in Papenburg, Germany
LNG Bunkering: SSS Chooses Suitable Ships for Project
The European consortium for Short Sea Shipping (SSS) chooses 8 ships to provide an insight into feasibility of LNG as a bunker fuel. The selection of ships took place in close co-operation between the SSS consortium partners. Both new designs
StealthGas Announces Public Offering
StealthGas Inc. announced an underwritten public offering of 8,000,000 shares of its common stock pursuant to the Company's effective shelf registration statement filed with the Securities and Exchange Commission. An entity controlled by the family of the Company's President and Chief Executive
Stealth Gas Offer Stock in Order to Buy LNG/LPG Ships
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships. The gross proceeds from the offering before the underwriting discount and other offering expenses are $100,000,000
U.S. Adventure Cruise Ship in Lloyd Werft Shipyard
Lindblad Expedition's Polar excursion ship 'National Geographic Explorer' is in the German yard for refit & DNV class surveys. "This contract is just right for us", said a satisfied Rüdiger Pallentin, Board Member of Lloyd Werft
P+S Werften Expects Green Light on DFDS Newbuilds
The insolvency administrator expects Volkwerft Stralsund Yard to resume work soon on the two DFDS RoRo newbuildings. The DFDS order had been previously cancelled when P+S Werften went into administration. Dr. Berthold Brinkmann, the administrator, stated:
Pole Star Appoints Andrew Peters CEO
Pole Star, fleet managers, ship security & vessel monitoring providers, appoint Andrew Peters as compsny Chief Executive Officer. The appointment follows the retirement of interim CEO, Colin Hook, who will continue to serve as a non-executive director of the board.
Dryships to Raise Stockmarket Cash
Greece's DryShips Inc. is to offer the public 5-million of the common shares it holds in Ocean Rig UDW. Following the completion of the offering, DryShips is expected to own approximately 61.3% of Ocean Rig’s outstanding shares (Ocean Rig is a provider of offshore deepwater drilling
DryShips Inc. Announces Public Offering of Ocean Rig Shares
DryShips Inc. (NASDAQ: DRYS), or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, has announced it is offering 5,000
Meyer Werft Set to Launch 'Norwegian Breakaway'
After just 17 months under construction Meyer Werft plans to float out the new cruise ship Tuesday, weather permitting. The 145,000 gt cruise ship Norwegian Breakaway, has already been undergoing extensive tests and machinery trials. Following the float-out from Covered Building Dock ll
Peene-Werft Wolgast Delivers Vessel to Swedish Coast Guard
The coast guard vessel (Kustbevakningen Vessel) KBV 033 was handed over to the Swedish Coast Guard with a reflagging ceremony at dock three of the Peene shipyard in Wolgast. A special day for P+S Werften, currently under insolvency administration: Initially the Swedish Coast Guard placed an order
Deutsche WindGuard Offshore Helicopter Underwater Escape Training Certified
GL Renewables Certification (GL RC) has certified Deutsche WindGuard Offshore GmbH's Helicopter Underwater Escape Training (HUET) courses. Helicopter transport is an important way for technical personnel to reach offshore wind farm installations, but before getting on board
SAM Electronics Equips New Celebrity Cruiseliner
Celebrity Cruises’ new cruiseliner, Celebrity Reflection, has been equipped with an extensive range of navigation, automation and entertainment systems from SAM Electronics and its associate L-3 companies. Built by Meyer Werft in Germany at a reported cost of $750m, the 315m 126
Cruise Ship Fire in German Shipbuilder's Building Dock
Information provided by Meyer Werft, the builders of the 'Norwegian Getaway' is as follows: A fire leading to significant smoke formation broke out on a ship newbuilding in the covered building dock II. At present the shipyard’s fire brigade and members of the Papenburg fire department are
Waterfront Entrance for Norwegian Breakaway
Norwegian Breakaway, the largest ship ever constructed in Germany, floated out of Meyer Werft’s covered building dock II at the end of February. The luxury cruise ship will undertake sea trials before her delivery to the owner and passage to her home port of New York by May 7th
Intelsat Proposes Public Offering of Common Shares
Intelsat Global Holdings S.A. announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting