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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. Source: Channel News Asia- 11 April 2011


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


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.


Bender Awarded Containership Contract

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 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.


COSCO Zhoushan to Build Two Panamax Bulkers

Bulk carrier anon: File photo

COSCO Corporation (Singapore) says that its subsidiary COSCO (Zhoushan) Shipyard has secured a contract valued over USD56 million from an Asian buyer to build two 64,000 dwt bulk carriers. The two vessels are scheduled for delivery in 4Q2016 and 1Q2017 respectively.


Chilean Court Rejects Appeal Against Crow River Project

Chile's Supreme Court on Thursday rejected an application for an environmental organization against Crow River hydroelectric project, which plans to build in the south of the country with an initial investment of $ 733 million . In a unanimous ruling


Floating Production Roundup: August 2014

Samsung is building two FLNGs, including the massive Prelude FLNG for Shell.

What’s New in August 2014 There are 320 oil/gas floating production units are now in service, on order or available for reuse on another field.  FPSOs account for 64% of the existing systems, 79% of systems on order.  Production semis, barges, spars and TLPs comprise the balance


Navantia Banks on the Future

Navantia has counted on navy business to sustain itself in recent years, building ships such as this LHD.

It is no secret that the Spanish shipbuilding sector has hit on hard times, particularly in the big ship sector where much of the commercial business has evolved to lower cost manufacturers in the Far East. But considering that Navantia has a 300-year history


South Korean Shipyard to Build Two More LPG Carriers

Gas Carrier Foredeck: File photo

Leading South Korean shipbuilder Hyundai Mipo Dockyard Co., has won a US$102-million order from a Singaporean company to build two LPG carriers, according to Yonhap News Agency. Hyundai Mipo, a subsidiary of Hyundai Heavy Industries Co., said it will start building the vessels from March 2016


Moran Iron Works Awarded Barge Building Contract

Moran Iron Works (MIW) was recently awarded a contract to build two ocean going deck barges for Durocher Marine, a division of Kokosing Construction Co., based in Cheboygan, Michigan. The two deck barges will be 180’ X 54’ X 12’ with 2,500 lb/ft2 deck strength and 2


Cruise Giant Increases Megaship Order

MSC Preziosa (Courtesy MSC Cruises)

MSC Cruises has moved to increase its order of megaships from Italian shipbuilder Fincantieri to two ships, with an option for third. At a cost of AUD $3.2 billion, this investment signifies a confidence that the cruise holiday industry will only continue to strengthen.


Today in U.S. Naval History: June 17

Today in U.S. Naval History - June 17 1833 - USS Delaware enters drydock at Gosport Navy Yard in Norfolk, Va., the first warship to enter a public drydock in the United States 1870 - USS Mohican burns Mexican pirate ship Forward 1898 - Navy Hospital Corps established


EU Rejects Plan for Finland, Estonia LNG Terminals

Finland and Estonia will have to return to the drawing board with a joint gas terminal project after the European Commission said a proposed two-terminal model would not be eligible for subsidies, the Finnish government said. Estonia and Finland proposed in February to build two new liquefied


US Tankers Built on Spec Face Choppy Waters

Aker Philadelphia Shipyard

U.S. shipbuilders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale fields by building new tankers without having lined up customers to lease them. Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec


GPA Enters Mexican Offshore Market

Photo courtesy of GPA

Seattle-based Naval Architecture and Marine Engineering Company Guido Perla & Associates, Inc. (GPA) has been awarded a contract to deliver the Design Package and Class Approval Package for two GPA 150M FSVs.  The ships for Enterprise Shipping


Norwegian Cruise Line Orders Two New Ships

Norwegian Breakaway: Photo CCL cr Dickelbers

Norwegian Cruise Line says it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths.


Kirby Awards ATB Contracts to Bay Shipbuilding

Photo courtesy of Bay Shipbuilding

Bay Shipbuilding Company (BSC) of Sturgeon Bay, Wisconsin, a subsidiary of Fincantieri Marine Group (FMG), has been awarded a contract to build two 155,000-barrel capacity barges and two 6,000 HP tugs for Kirby Corporation. The vessels are to be operated as Articulated Tug-Barge (ATB) units and


COSCO Corpn. Secures Contracts of $300 mi

  COSCO Corporation (Singapore) Limited announced that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Ltd, have secured contracts valued at approximately USD300 million to build one accommodation barge and seven bulk carriers as follow:


VT Halter to Build Bouchard ATB Tugs

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), today announced new contracts to build two 130-foot Articulated Tug Barge (ATB) tugs for Bouchard Transportation Co., Inc. (Bouchard). Measuring 130 feet by 38 feet by 22 feet, these 6






 
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