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.
South Shields based Solar Solve Marine received an order from Korea for four ship-sets of its SOLASAFE roller sunscreens. The screens are to be installed at the navigation bridge windows of four very large container carriers currently under construction at Daewoo’s DSME Okpo shipyard on
Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship building and marine engineering segments. COSCO Corp, a subsidiary of state-owned maritime industry giant China Ocean Shipping (Group) Co
I must admit that exploring the historical nature of our business is one of my favorite endeavors, and this month we are pleased to continue our series of articles in celebration of our 75th anniversary. Patricia Keefe again graces our pages with her overview of the creation and fate of what is
From countries across the globe, including Australia, Canada, the U.S. and Europe, more than 500 exhibitors will be at Seawork International, the commercial marine exhibition and conference, opening on Tuesday, June 10 for its annual three-day run in the ABP Port of Southampton, U.K.
Anchor Handling Tug Supply vessel will be built to ABS class for Offshore Japan Corporation by Japan Marine United Corporation. ABS has been selected by Offshore Japan Corporation (OJC) to class its newly-ordered Anchor Handling Tug Supply (AHTS) vessel
GasLog Ltd. says it has agreed with Methane Services Ltd. (MSL), an affiliate of BG Group, to purchase 3 LNG carriers from MSL's fleet and to charter those ships back to MSL for 6-year initial terms. MSL also will have options to extend the term of the time charters for 2 of the ships for a period
COSCO (Guangdong) Shipyard Co. a subsidiary of the COSCO Shipyard Group say they have delivered a 4500 cu.m specialized livestock carrier, “Ganado Express” to the European buyer. The new vessel measures 134.8 meters in LOA, 19.6 meters in breadth and 9.6 meters in depth.
For durable markings of big and unmovable work pieces of the ship building industry, a portable handheld marking system means simplification. The handheld marking system FlyMarker PRO of the German company MARKATOR is battery operated and with this very flexible
COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers. The two bulk carriers are scheduled for delivery in the fourth quarter of 2014. About COSCO
Shipyard boss Dr. Herbert Aly discusses Blohm+Voss’ radical reorganization as well as the strategies to secure new orders. When I started my nautical career at Blohm+Voss at the beginning of the early 1960s, one could see on the southside of the river Elbe nine independent operating
The 'Costa Diadema', the future flagship of Costa Cruises & of the Italian-flagged passenger fleet, entered the water for the first time as the building dry-dock was flooded, and a traditional launching ceremony was held at the Fincantieri shipyard in Marghera.
Bourbon announces the sale of the 'Bourbon Surf' and 'Bourbon Borgstein', two large 10-year old Norwegian built AHTS (Anchor Handling Tug Supply) vessels for a total amount of US$130 million, generating a total capital gain of approximately US$63 million.
COSCO Corp. (Singapore) has re-issued its unaudited Third Quarter Financial Statement for the financial period ended 30, September 2013, as follows: Overall, net profit attributable to equity holders of the Company decreased 84.1% from $26.6 million in Q3 2012 to $4
The two pipe laying vessels (PLSVs) are to be built at the brand new Vard Promar yard in Recife, in the North East of Brazil. The order is part of four OSVs by DOF/Norskan and Technip, important customers for Vard. The other two of these vessels are to be built in Norway, also to DNV class.
Newly-established offshore shipping company Nordic American Offshore (NAO) has agreed to acquire six platform supply vessels from Blue Ship Invest ( BSI ). The vessels are of the PX121 type, and were designed and constructed by Ulstein in 2012-13