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OOIL Orders Two Containerships For $160M

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. OOIL said the new vessels, to be funded by internal resources and external finance, will improve the operating efficiency and profitability of the group. - (Reuters)


Yangzijiang Shipbuilding (Holdings) Ltd Announces 6 New Contracts for US $214.2 Million

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.


Hanjin Heavy Receives Containership Orders

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)


Aker Yards to Build Two More PSVs

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


Global Carriers Awards Contracts to Ningbo Shipyard

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


Kvaerner's Warnow Yard Lands $70.1 Million Contract

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.


Aker Yards to Build Two More PSVs for Nordcapital

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.


VT Group Boss May Head AMT

VT Group PLC has confirmed that the boss of its shipbuilding division is in talks about leading the alliance that will build two new aircraft carriers for the Royal Navy. The shipbuilder and support services provider said it had noted speculation that VT Shipbuilding managing director Peter McIntosh is being considered for the post of chief executive of the Alliance Management Team (AMT) for the Ministry of Defense Future Aircraft Carrier (CVF) project. (Source: AFX)


This Day in Naval History - June 17

From the Navy News Service 1833 - USS Delaware enters drydock at Gosport Navy Yard in , , the first warship to enter a public drydock in the . 1870 - USS Mohican burns Mexican pirate ship Forward. 1898 - Corps established. 1940 - Chief of Naval Operations asks Congress for money to build two-ocean Navy.


Samsung Heavy Wins Drillships Order

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)


US Navy Asks Lockheed to Fix Littoral Combat Ships Issues

U.S. Navy photo by Timothy Schumaker

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


Nine New Orders for South Korean Shipbuilders

Photo:  Hyundai Heavy Industries

 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


Shell Bids for Dutch Offshore Wind Farm

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


Fourth Damen Fast Ferry for S. Korea

Handing over ceremony_lowres Photo Damen

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.


MacGregor Strengthens its Heavy-lift Market Share

Deck equipment handling Photo MacGregor

MacGregor, part of Cargotec, has strengthened its position in the heavy-lift market by confirming an important new contract to deliver twelve 450-tonne capacity heavy-lift cranes for six Ecolift F900 vessels. The 13,300 dwt vessels are being built by two Chinese shipyards


Disney Cruise Line Plans to Add 2 More Ships

Image: Disney Cruise Line

Walt Disney Co said it signed an agreement to build two cruise ships for its Disney Cruise Line business.   The company, which signed the agreement with the Meyer Werft shipyard in Germany, said on Thursday the ships are expected to be completed in 2021 and 2023.  


Pentagon Chief: 40 LCS 'enough' for U.S. Navy

File image: two LCS vessels alongside at Austals U.S. shipyard. (Austal)

U.S. Defense Secretary Ash Carter on Thursday defended the Pentagon's decision to buy just 40 Littoral Combat Ships instead of the 52 originally planned, saying the money saved would allow the Navy to buy more missiles and undersea technology.


Great Lakes Shipyard to Build Damen Tugs

Image: The Great Lakes Group

First Damen tugs to be built under license in the U.S.   An agreement was signed between Damen Shipyards Group and Great Lakes Shipyard for the latter to build two Stan Tugs 1907 ICE at its facility in Cleveland, marking the first instance in which Damen tugs will be built under license in


Another 2 Keppel FELS Rigs for Mexico

Image Courtesy Keppel FELS

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered two jackup rigs to Mexican company, Grupo R. Built to Keppel's proprietary KFELS B Class design, the rigs, CANTARELL I and CANTARELL II, will be chartered to PEMEX


S. Korean Shipyards Order Books Empty?

Image: Hyundai Heavy Industries

 The global slump in the shipbuilding industry means that South Korea's ship yards have to look far and wide for new orders.    Combined, the three major yards have only received one order in the first quarter of the year.  


Russia to Build 2 Tankers for Azerbaijan

Photo: Caspian Marine Services Ltd

 Russia's Krasnoye Sormovo shipyard, a subsidiary of the United Shipbuilding Corporation, is to sign a contract to build two tankers for Azerbaijan’s Caspian Marine Services Ltd.   The two companies have signed a contract for building and delivery of two RST27 tankers


Genting Completes Purchase of 3 shipyards

Logo

Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros. The deal will give Genting Hong Kong the core expertise, manpower


Oregon State Seeks Shipyard Input for New Research Ship

(Rendering: The Glosten Associates)

Oregon State University to issue RFI on ship project after design completion   The design phase for a project to construct a new regional class research vessel to replenish the United States academic fleet is complete, and Oregon State University will issue a request for information (RFI)


Samsung Heavy Loses $4.6-bln FLNG Order

Photo: Samsung Heavy Industries Shipyard

 South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied natural gas (FLNG) units from oil and gas giant Royal Dutch Shell Plc.  


China's CNOOC Expands Fujian LNG Terminal

CNOOCs LNG imports. Photo:Xinhua

 China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel, the official Xinhua news agency reported.   The new tanks are part of a plan to increase the receiving capacity at






 
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