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
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.
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.
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.
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)
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 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
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 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.
Maritime Reporter & Engineering News, the world's largest circulation b2b marine publication, announced that Applications for its Annual Awards Issue -- "Great Ships of 2014" -- will close on Friday, November 21, 2014. This annual awards edition recognizes a selection of the
Defense Secretary Chuck Hagel is expected to make a decision soon on how to make a new class of smaller warships more lethal and survivable, the Navy's top admiral said on Saturday. Chief of Naval Operations Admiral Jonathan Greenert expected a quick decision based on a recommendation
Royal Caribbean's newest cruise ship, Quantum of the Seas, arrived in the New York Harbor in the early morning hours on November 10. The 167,800-gt cruise ship, built by MEYER WERFT, departed from Bremerhaven to Southampton October 28, 2014
Costa Diadema the fifteenth ship and new flagship of Costa Cruises fleet, was presented today by Costa Cruises and Fincantieri. Costa Cruises has invested a total of around 550 million euro in the construction of the Costa Diadema at Fincantieri shipyard in Marghera.
An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago. Representatives from the government, banks, Bourbon, BV
Carnival Corporation & plc the world’s largest cruise company, today announced it has signed a memorandum of understanding (MOU) with the China State Shipbuilding Corporation (CSSC) to explore the possibility of a joint venture aimed at accelerating the development and growth of
The Meyer Turku Oy yard in Turku, Finland, celebrated a historical day on October 10, 2014. Meyer Turku Oy, which officially changed ownership only three weeks earlier with the takeover by Papenburg, Germany cruise ship building power Meyer Werft, floated out the cruise ship Mein Schiff 4.
The Panama Canal has received Cerro Ancon, the last of the 14 tractor tugs of its new fleet. These new tugboats will allow the Canal to offer a more efficient service to the global shipping industry and strengthen the waterway's capacity for the operation of the Third Set of Locks.
Rooted in early computer-aided design (CAD) and manufacturing applications, design and construction software is firmly at the helm of most shipyards today, enabling the production of better designed, more efficient and consistently built ships produced with measurably less waste: less waste
The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation, Taiwan.(CSBC). Mr. Yang Shaopeng, Chairman of SITC International, and Mr
Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.6 million loan guarantee for TOTE Shipholdings and Saltchuk Resources for their Marlin Class vessels
The Navy informs it has accepted delivery of Joint High Speed Vessel, the future 'USNS Fall River' from the Austal USA shipbuilder. The delivery marks a major milestone, the official transfer of the vessel from the shipbuilder to the Navy. USNS Fall River is the U.S
5555 N Channel Avenue Portland, OR 97217 Tel: (503) 247-1777 Email: email@example.com Website: www.vigorindustrial.com President & CEO: Frank Foti The Company: Based in Portland, Oregon, Vigor Industrial is the Pacific Northwest’s leader in
Indian shipbuilders buoyed by a renewed political will, a plan and funding to help the industry recover. It has been a long wait for the 28 shipbuilders in India to finally catch sight of opportunities to sail back into the better financial waters
German Shipbuilding: Growing order income with new advanced product solutions The German shipbuilding industry has a world market share of around one percent. This is certainly in another league compared to China, South Korea and Japan, which divide the global shipbuilding pie of containerships