POSCO Daewoo has signed a memorandum of agreement (MOA) to supply shipbuilding materials worth US$150 million to Penataran Angkatan Laut (PT PAL), Indonesia’s largest state-run shipbuilder, according to a report in Business Korea. Under the contract, the Korean trading company will supply engines and other parts necessary for shipbuilding, and its partner PT PAL is going to build 10 patrol boats and one combat support ship with the provided materials before delivering them to Indonesian ministries including the Indonesian Navy and the Ministry of Communication and Information Technology. The 11 ships will be taken over by the Indonesian government once they are built. Since 2006, the Korean company has kept close ties with PT PAL, providing technology, training and know-how to build two landing platform docks in Indonesia. Since 2014, POSCO Daewoo has also supplied major equipment for building two landing platform docks for the Philippine Navy. They are currently under construction by PT PAL.
Orient Overseas (International), the shipping giant controlled by Hong Kong Chief Executive Tung Chee-hwa's family, said two of its subsidiaries have entered into a contract with Samsung Heavy Industries Co Ltd to build two container vessels. The two post-Panamax container vessels, worth a total of $160 million, represent about 20.9 percent of OOIL's net tangible assets, the company said in a published statement. Each can carry 7,400 teu
Hanjin Heavy Industries & Construction Co. received an order to build two container vessels from A.P. Moeller-Maersk A/S for $124m. The vessels will each carry 3,100 20-ft. standard containers and will be delivered by the end of September 2009 to A.P. Moeller. Hanjin Heavy exceeded its goal to secure orders amounting to $1.5b with the A.P. Moeller-Maersk A/S contract. The dockyard has an order backlog to build about 50 ships valued at about $4.6b. (Source: Bloomberg)
Global Carriers Bhd has awarded two shipbuilding contracts worth a combined $21.76m to Ningbo Shipyard Co Ltd. The contracts are for Ningbo Shipyard to build two double-hull product oil tankers for Global Carriers, the company said. The first vessel will be delivered in late 2008 and the second will be delivered about four months after the first, it said. Source: Thomson Financial
Anglo-Norwegian engineering group Kvaerner ASA said on Friday that its German shipyard Warnow had won a contract worth 640 million crowns ($70.1 million) to build two container ships for Oskar Wehr. Kvaerner said in a statement that Oskar Wehr, based in Hamburg, had also ordered two similar ships from the yard in August. The two extra vessels, of the Warnov CV 2500 design, would be delivered in the first and second quarters of 2002.
SINGAPORE: Yangzijiang Shipbuilding (Holdings) Ltd announced six new shipbuilding contracts for a total of US $214.2 million. The company will build two 82,000 DWT (deadweight tonnage) bulk carriers, two 10,000 DWT bulk carriers and two 4,800 TEU (twenty-foot equivalent unit) container ships, to be delivered in 2012 and 2013. During the first quarter of 2011 Yangzijiang has secured a total of 14 shipbuilding contracts adding up to US $512.3 million.
Bender Shipbuilding and Repair Co., Inc., of Mobile, Alabama, has become the first U.S. shipyard to win a container ship contract in 10 years. The contract calls for Bender to build two vessels capable of carrying 367 45-ft. containers for California-based Santa Maria Shipping L.L.C. Bender and Santa Maria Shipping will sign the contract at a ceremony and press briefing.
Aker Yards has confirmed an optional agreement with Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany for the building of two Platform Supply Vessels. The Contract value is approximately $47.5m. Delivery is scheduled for summer and autumn 2008. The vessels have the designation UT 755LN.
Nordcapital Holding in Hamburg, Germany and Aker Yards announced an agreement to build another two Platform Supply Vessels (PSV's) of the type UT 755 LN. The two vessels are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The value of the contract is approximately $45.7m. Including the new orders Nordcapital will receive eight sister vessels altogether from Aker Yards between October 2007 and March 2009
Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia. The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017. ($1 = 1052.3500 Korean Won) (Reporting by Joyce Lee; Editing by Stephen Coates)
Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two new combination container and roll-on/roll-off (Con-Ro) vessels for its Hawaii fleet at a contract price of $511 million for both
The Chinese government will supply eight modified diesel-electric attack submarines to Pakistan by the year 2028, reports Sputnik. Four of the subs would be constructed in China and the rest in Pakistan. Shaikh Rohail Asghar head of the National Assembly’s
Toll Group announced it is investing $170 million to build two new ships to support trade between Victoria and Tasmania and to meet the demands of continued growth. The new, purpose-built ships, operating between Burnie, Tasmania and Melbourne, Victoria
Concerns were growing again over liquidity woes of Soth Korea's largest shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME), as the Angolan oil major Sonangol EP is likely to delay the takeover of its drill ships once again.
The U.S. Navy has sent Lockheed Martin Corp three requests to correct problems, including propulsion-related issues, with the Littoral Combat Ship (LCS) program dating back to May of last year, a Navy spokesman said on Tuesday. The ships were originally designed as a small
While South Korean shipbuilders are continuing to struggle for survival as the recession in the global shipbuilding market drags on, they have clinched new orders to build nine ships in the first four months of the year. Yonhap, quoting industry data, said that the S
Royal Dutch Shell is participating in a consortium bidding in a Dutch government tender to build two 350 megawatt wind farms off the Netherlands' southern coast. Shell, bidding together with energy company Eneco and contractor Van Oord NV
Damen Shipyards Group has sold a Fast Ferry 4212 to South Korean ferry operator DAEA Express Shipping. The vessel, named Sea Flower, is the fourth ferry of this design that Damen has sold in the last five years to companies operating on the east coast of the Korean peninsula.
Philippine President Benigno Aquino on Thursday accused China of breaking a U.S.-brokered deal between the two nations on the Scarborough Shoal, an uninhabited rocky outcrop in the South China Sea. China claims almost the entire South China Sea, believed to have rich deposits of oil and gas
Hyundai Heavy Industries Co. (HHI) struck a $400 million worth deal to build two liquefied natural gas (LNG) carriers for SK Shipping Co., a Korean shipowner. According to the sources, the vessel can carry 180,000 cubic meters of LNG
Damen has commenced construction of two identical Crane Barge 6324 vessels. Designed as a particularly cost effective transshipment platform, the barges are being built on a speculative basis in response to client demands to ensure short delivery times.
Genting Hong Kong announced that the three shipyards in the German State of Mecklenburg-Vorpommern bought this April will be named as MV WERFTEN*, be managed in Wismar and will focus on building large new cruise ships. Lloyd Werft located in Bremerhaven and bought last September will focus on its
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading industrial plant EPC contractor,won $101.6 million worth of order to supply two vacuum vessel sectors (No.7, 8) for ITER (International Thermonuclear Experimental Reactor).
The Damen Shipyards Group has received an order for a state-of-the-art, 74 m Fishery Research Vessel from the Angolan Ministry of Fisheries. This special vessel, which has Silent-A/F/R Class notation and features a basic design from Skipsteknisk.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a 200 billion won (US$179.2 million) order to build two oil tankers for Singapore-based oil and gas transporter BW Group. According to Yonhap