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
Abu Dhabi Ship Building PJSC (ADSB) has launched a training and development program which is designed to prepare young Emiratis for careers in the shipbuilding and repair industry. There are currently 40 trainees enrolled in the first class of the technician development program which provides young Emirati talent with the skills to become professional mechanical and electrical technicians. It includes both technical English and technical development skills.
Fincantieri has established an Australian arm with sights on the Australian Navy’s new Future Frigates – SEA 5000 program. Having been shortlisted by the Australian Government to bid to design and build nine new frigates for the Royal Australian Navy (RAN)
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” Carnival Vista - New, Largest Flagship of Carnival Cruise Lines
Construction on China’s new state-of-the-art polar research ship is underway at Jiangnan Shipyard in Shanghai, China, with delivery scheduled for 2019. In 2012, the Polar Research Institute of China (PRIC) awarded a contract for the concept and basic design of the research
The joint proposal to applicate risk based EMC regulations has been accepted and will be implemented January 2017. The intention of this proposal is to reduce EMC related costs by applying a risk based approach combined with smart installation methods
As Hyundai Merchant Marine (HMM) and Swiss shipping giant Mediterranean Shipping Company S.A. (MSC) are expected to enter the takeover battle for the Long Beach Terminal in California, they will aggressively negotiate its price, reports Business Korea.
The Singapore flag state authorities have approved Wärtsilä's exhaust gas cleaning (EGC) systems, making it the first EGC to be approved by an Asian flag authority. The approvals relate to Wärtsilä EGC systems ordered for two new RoRo vessels owned by a Japanese shipowner
An important milestone on the road to controlling greenhouse gas emissions from international shipping has been achieved with the adoption of new mandatory requirements by the industry’s regulatory authority, the International Maritime Organization (IMO).
Norwegian Cruise Line is celebrating the cutting of the first piece of steel for Norwegian Bliss, the line’s sixteenth vessel and the first one designed for the ultimate Alaska cruising experience. Norwegian Cruise Line Holdings and MEYER WERFT executives gathered at the MEYER WERFT Laser
At the UNFCCC Climate Conference (COP 22), in Marrakesh, the International Chamber of Shipping (ICS) said that the recent International Maritime Organization (IMO) agreement on a CO2 Road Map for shipping is a significant decision giving further impetus to the substantial CO2 reductions that are
ABB said it has signed a formal agreement with Chinese shipyard Wuchang Ship Building Group to deepen cooperation with an emphasis on developing greener ships and digital solutions. By utilizing ABB’s power and propulsion expertise along with its focus on maritime software
The following memorandum of understanding (MOU) and Agreements have been signed by India with foreign countries during the last two years for the development of ports and manufacture of ships in the country:- (i) Memorandum of Understanding between the Government of the Republic of
The fifth Independence-variant littoral combat ship built by Austal, Gabrielle Giffords (LCS 10), successfully completed acceptance trials, Nov. 18, in the Gulf of Mexico. “I am proud of Austal’s achievement of another major milestone in the LCS program
Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has expanded its customer portfolio to now include chemical tankers. ADSB welcomed its first chemical tanker at the new drydock facility at Mina Zayed
The handover ceremony of “Seabourn Encore”, the first of two ultra-luxury cruise ships ordered to Fincantieri by the ship owner Seabourn Cruise Line, brand of Carnival Corporation, the world’s largest cruise company, took place today at the Marghera shipyard (Venice).
In order to support the Indian shipping industry, the Government of India has exempted Customs and Excise Duty leviable on bunker fuels used in Indian flag vessels for transportation of mix of EXIM, domestic and empty containers between two or more ports in India.