Abu Dhabi Ship Building launches ‘Mezyad’ as fourth vessel of Baynunah Corvette Class Program for the UAE Navy. Abu Dhabi Ship Building completes expansion of facility to accommodate more vessels for fit outs, tests and trials. Abu Dhabi Ship Building, the leading shipbuilder and naval support services provider in the Gulf region and a strategic affiliate of Mubadala, has today (Wednesday, February 15, 2012) launched “Mezyad”, the fourth vessel of the Baynunah Corvette Class Program for the UAE Navy and the third vessel under the Baynunah fleet constructed by Abu Dhabi Ship Building. The vessel was launched in the presence of senior officials from the UAE Navy and Abu Dhabi Ship Building. The Mezyad features the highest level of outfitting prior to launch as it is equipped with propulsion machinery including engine and weapons such as Main Gun, Side Guns that were installed in June, September and October 2011. More than 100 kilometres of electrical cables and a large number of piping and equipment have also been installed to complete the outfitting phase of the Mezyad, which has also undergone complete grid blasting and painting. Abu Dhabi Ship Building also announced today that it has completed the extension of the quay wall of its shipbuilding facility by about 155 meters, and has finished construction of a new pontoon and an electrical substation
Research and Markets has added "Ship Building & Repair (Asia)" report to their offering. The new report includes an analysis of the top 1000 companies in the field, including Daewoo Shipbuilding & Marine Engineering, Daehan Shipbuilding, Ihi Marine United. This report provides a detailed overview of the Ship Building & Repair (Asia) market and delivers a comprehensive individual analysis on the top 1000 companies
The Vietnam Shipbuilding Industry Corporation (Vinashin) posted a total revenue of $491,640 in 2005- an increase of 41 percent over 2004, and a total production value of $692,457, a 46 percent year-on-year increase. Vinashin won many contracts to build high-tonnage cargo ships and container ships for export to developed countries with high-tech shipping industries such as Japan, Germany and Poland, with the largest contract from England- worth $22 million- to build 21 53,000-tonne ships.
Indian firms are increasingly getting into ship building and repairing as shipbuilding orders are expected to rise significantly to meet the boom in seaborne trade and increased offshore oil exploration. The local industry is expected to expand to $20b by 2020 from close to $5b now, a report by maritime consultants i-maritime Consultancy Pvt Ltd said, which is about 1 percent by value of total global shipbuilding orders.
Revenues up, net profit down reports Abu Dhabi Ship Building Abu Dhabi Ship Building (ADSB) has announced that its contract revenue jumped by more than Dh200 million (US$54.4m) last year to Dh1.3 billion but said its profit had slipped. The yard is constructing its remaining 72 m Bayunah-class corvette of six for the UAE Navy, and is hopeful of orders from foreign navies.
The badly damaged by fire chemical tanker is docked in the Arab Ship Building & Repair Yard for evaluation of salvage operation The chemical tanker, Stolt Valor, which caught fire on March 15, 2012, north of Bahrain, was docked at ASRY after Bahrain agreed to accept the ship into its territorial waters. Maritime experts from General Organisation of Sea Ports (GOP) are liaising with the Arab Ship Building and Repair Yard Company (Asry)
A 53,000-tonne cargo ship built by Shipbuilding Industry Corporation (Vinashin), was launched in the northern port city of Haiphong, on April 20. The ship, 190m long and 32.26m wide, is one of a series of fifteen due to be handed over to the Graig Investment Group, a UK-based international ship owner and shipping services provider. It was the second boat of its kind built by Vinashin’s affiliate, Nam Trieu Shipbuilding Company and is also the largest being built in Vietnam under a
The first four Bahraini Coast Guard boats arrive at Abu Dhabi Ship Building. Four Bahrain Coast Guard boats arrived at the Abu Dhabi Ship Building (ADSB) shipyard in Mussafah, Abu Dhabi, to undergo a major refit and upgrade program. These are the first four boats out of a total of ten boats that will be refitted and upgraded under a contract signed with the Bahrain Government in late 2007. The contract provides for the complete refurbishment of the vessels including new propulsion and
Oakwell Shipyard, starts using FORAN (CAD) toolset at its Sattahip, Thailand, ship building yard Oakwell says its goal is to become a reference point in the demanding world of shipbuilding and repair, with a unique combination of European standards and Asian dynamism. A key piece is the computer aided design (CAD) toolset, which has to cope with the strict requirements of the design itself, with multi-access from many draftsmen and a variety of data from all the disciplines of the ship
The traditional smashing of a champagne bottle on the first ship built at Canada’s oldest and biggest shipyard marked the christening ceremony and float-out of the 'Cecon Pride' in front of some 1,000 guests at the Davie Shipyard, also signalling the resurgence of shipbuilding in Quebec, informs the Gazette Montreal. The Cecon Pride is the 717th vessel to be built at the Davie shipyard, which was itself launched in 1825.
Despite the issues surrounding over-tonnaging in the ship-building industry as a result of the 2008 financial crisis, more than 587 vessels are expected to be built in Southeast Asia in 2015. According to a report by Robert Willmington of IHS Maritime
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently launched China Ocean Shipping (Group) Co.’s (COSCO), Adriatic–Greece–Turkey service (AGT) when
Russian Deputy Prime Minister Dmitry Rogozin came down heavily on country's shipbuilders criticizing them for doing a poor job to implement instructions from the president and prime minister regarding wider production of civilian ships at domestic shipyards.
Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri and Meyer Werft to each build next-generation cruise ships for Carnival Corporation through two separate, long-term partnerships
Indian Prime Minister Narendra Modi invited US-based General Electric (GE) to manufacture ships in India claiming that the country offers immense opportunities for the ship-building sector. Pitching his government's 'Make in India' campaign
T.S. Lines, Taiwan's fourth largest container carrier, is seeking to restart its dormant shipbuilding plan in 2015, the company announced Monday. In 2011, the company suspended a plan to order four 1,800 teu and four 4,700 teu box ships due to the belief that new building prices would
American Eagle is Second Riverboat for American Cruise Lines in New Orleans Guilford, CT-based American Cruise Lines will introduce its second riverboat to be home-ported in New Orleans. The two new riverboats are the first new ships built specially for the Mississippi River in 20 years
Gail India Ltd has scrapped a tender that would have led to the construction of three massive liquefied natural gas (LNG) carriers at Indian shipyards. After postponing tender deadline thrice and also one year later, state-owned gas utility GAIL India Ltd has not found any
Britain agreed an 859 million pound ($1.32 billion) contract with BAE Systems on Friday, giving the green light to the British defence company to continue with the next phase of design for a new fleet of warships. BAE Systems has been working on plans to provide Britain with 13 new Type 26
Abu Dhabi Ship Building Company will deliver three Baynunah warships to the United Arab Emirates Navy by 2016 and is in discussions with other buyers to sell more, its chief executive said on Monday. "There are discussions with some of the Gulf Cooperation Council countries as well as
Indian shipping minister Nitin Gadkari has said the government is working on an ambitious plan to build one smart city each at the country's 12 major ports. The plan estimates total investment of Rs 50,000 crore ($8 billion). Government moving ahead with its ambition plan to build
Cochin Shipyard Ltd (CSL) has launched the 14th of the series of 20 Fast Patrol Vessels (FPV) being built for the Indian Coast Guard. With this, CSL said, it has accomplished a rare feat of achieving three ship building milestones viz, keel laying
Britain's newest ever superliner Britannia has arrived in its home port Southampton ahead of its official naming ceremony. It’s the largest cruise ship built for the British market. It will bear the same name as the Queen's former Royal Yacht Britannia
Thordon Bearings seawater-lubricated COMPAC propeller shaft system given royal ‘seal’ of approval P&O Cruise’s new flagship Britannia was officially christened by the Queen yesterday at a naming ceremony in Southampton, U.K.
Brazilian state-run oil company Petroleo Brasileiro SA said on Thursday that it began to test output from its Buzios offshore oilfield off Rio de Janeiro in the Santos Basin. Output will be limited to 15,000 barrels a day because systems to produce natural gas are limited