OSHIMA SHIPYARD

Vietnam Shipyard Contract for Japan

Oshima Shipbuilding Group of Japan to construct Vietnam shipyard facility Japanese Oshima Shipbuilding Group will construct a US$180 million shipyard in the central coastal province of Khanh Hoa , according to Nguyen Chien Thang, Chairman of the Khanh Hoa Provincial People’s Committee. The project will occupy a total area of 304 ha of Cam Thinh Dong Commune in Cam Ranh Town . Using the latest technology, the shipyard will build 24 different types of cargo vessels with capacities between 38,000 – 56,000 DWT. Currently, Oshima cooperates with Nha Trang University in training local personnel as well as through sending apprentices to Japan.

Fednav Group Brings New Green Ship to the US Great Lakes

 Montreal-based Fednav Group, owner of Federal Marine Terminals, Inc. (FMT), the leading terminal operator at the Port of Cleveland, has delivered three new state-of-the-art vessels to trade on the Great Lakes-Seaway System. The MV Federal Satsuki, arrived at Federal Marine Terminals, Cleveland, this week from Europe, carrying steel for the coal mining, automotive, and cosmetic industries and machinery for the food industry

More shipboard Gantry Cranes from KCI Konecranes to Japan

Oshima Shipbuilding Co., Ltd has called its option to order four additional 70-ton Shipboard Gantry Cranes (Konecranes-Munckloaders) from KCI Konecranes. The new cranes will be delivered in 2009 and installed onboard two 55.000 DWT vessels ordered by Singaporean shipowner Masterbulk Pte. Ltd. The market value of these crane types is approximately USD 6 million per unit, depending on size and capacity. The order was received in the first quarter of 2006.

Pearl Harbor Shipyard Earns OSHA VPP 'Star'

By Marshall Fukuki, Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility Public Affairs The Occupational Safety and Health Administration (OSHA) gave final approval May 31 for Pearl Harbor Naval Shipyard to participate as a "Star" in its Voluntary Protection Programs (VPP). Star status is the highest rating attainable under the OSHA-run programs and recognizes organizations for excellence in health and safety in the workplace

Shipbuilding Support from MHI for Sinopacific Newbuildings

Japan's Mitsubishi Heavy Industries and Sinopacific Shipbuilding of China sign joint development agreement MHI will provide technological support to Sinopacific in the area of commercial vessel construction. MHI is currently promoting expansion of its engineering business mainly through licensing of technology, while Sinopacific is taking steps to strengthen its shipbuilding business through introduction of technologies from advanced shipbuilders

Wisdom Marine Takes Loan for Japanese Orders

Wisdom Marine Group signed a two-tranche syndicated loan agreement for $5.92 million (USD) and ￥11.88 billion ($119.43 million, USD) with six domestic banks to finance its orders with three Japanese shipbuilders, Taipei Times reported. The syndicated loan was co-led by First Commercial Bank and Bank of Taiwan, with participating loans from Taiwan Cooperative Bank, Hua Nan Commercial Bank, Bank SinoPac and Bank of Kaohsiung.

Jurong Lays Off Nearly 250 Workers

Jurong Shipyard, part of SembCorp Industries Ltd., cut 249 jobs last week as part of the group's shipyard restructuring efforts. "Where practicable, attempts were made to re-deploy or reassign affected employees within the yards. Those who would not be re-deployed or whose jobs became redundant were retrenched," company officials said. Jurong Shipyard, with a workforce of 3,021 prior to the cutbacks, said discussions were held with respective shipyard unions

HDW Emerges as Successful Bidder for Shipyard

Hellenic Industrial Bank (ETBA) was outperforming the Athens bourse on expectations it will soon sell its majority stake in Skaramanga shipyards, analysts said. ETBA, which owns 51 percent of Hellenic Shipyards Skaramanga, said it would start negotiations with German shipyard HDW Werft, which was the highest bidder in the privatization of the shipyard. ETBA shares were up 3.81 percent to 6.00 euros at 1102 GMT, outperforming the Athens bourse's benchmark general index, which was down 0

Skaramanga Workers Favor HDW/FS Bid

Greece's Skaramanga shipyard workers are in favor of a Hoawaldtswerke Deutsche Werft-Ferrostaal (HDW/FS) offer to buy out 100 percent of the shipyard for 1.5 billion drachmas ($3.8 million), a shipyard executive said. George Kontakis, vice president of Skaramanga shipyards and representative of the 49 percent stake owned by its workers, said the union's approval was unanimous. "The union's board decided unanimously (in favor), as ETBA Bank did

NAVSEA Portsmouth Naval Shipyard Hosts Change of Command

At a Change of Command ceremony conducted on October at the Naval Sea Systems Command?s (NAVSEA) Portsmouth Naval Shipyard, Captain Vernon T. Williams, was relieved by Captain Kevin M. McCoy as commanding officer of the shipyard. NAVSEA's commander Vice Admiral Pete Nanos, the primary speaker at the event, praised Captain Williams' work in bringing Portsmouth Naval Shipyard, the community and its business partners closer together.