According to Reuters, STX expects top South Korean shipyards to jointly win offshore project orders from Brazil's Petrobras. Petrobras is expected to issue large tenders for offshore oil development vessels, including drillships and floating product storage and offloading units. In April, Petrobras executives visited South Korea and held individual meetings with shipbuilders on vessel orders worth a total $25 billion-$30 billion.
The National Shipping Company of Saudi Arabia (Bahri) receives the 'Bahri Abha' from South Korea's Hyundai Mipo shipyard. The new ship, of 26,000 dwt, was built especially for the general cargo trade and is the first to be delivered of six vessels that were contracted by the Company with Hyundai Mipo shipyard in 2011 for a total value of SAR 1,543 million. The remaining five general cargo vessels ordered by Bahri are under construction at Hyundai Mipo in South Korea with delivery expected
China Rongsheng profit dives as new ship orders dry up. China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, posted its sharpest fall in half-year profit - down 82 percent - on a dearth of new orders, putting further pressure on its stretched balance sheet reports Reuters. In a stubbornly downbeat global economy, the shipping industry has suffered widespread losses, with many small and medium sized Chinese builders close to bankruptcy as bankers cool on a
According to www.dailynews.lk, Colombo Dockyards Plc (CDP) was able to secure six shipbuilding orders Greatship (India) Limited worth over US $110 million following the building of its largest anchor handling tug supply vessel to the company, yesterday. CDP which has undertaken 33 per cent of shipbuilding work of Greatship India conforms to all international ship building standards. This is the first of an order for two anchor handling tug supply vessels ordered by the company and will
BP Amoco ordered two liquified natural gas (LNG) ships, with options to purchase three more, from Samsung Heavy Industries Co for in excess of $300 million. The oil giant, which is the world's second largest non-state producer of natural gas, said construction will start in April 2001 with delivery of the first ship in the fourth quarter of 2002 and the second in the first quarter of 2003. "This order is part of our strategy for rapidly growing our internationally traded gas business
Despite shipbuilding market downturn Fincantieri made net profit of euro 10 million Annual financial statement showed Fincantieri closed last year's accounts with approximately euro 2.4 billion in annual revenues, of which more than 80% for the export market, and over euro 1.8 billion in new orders acquired during the year. After two years of significant non-recurring expenses, the 2011 financial year is closing with a net profit of more than euro 10 million
ESL Shipping Oy, a subsidiary of Aspo Plc, has secured a contract to order two new ice-strengthened dry cargo vessels from the Indian ABG Shipyard Ltd. Expanding ESL Shipping's so-called Eira class, the vessels will be approximately 18,800 dwt bulk carriers equipped with on-deck cranes, and they will be designed to meet the highest Finnish ice class (1A Super). The total value of the investment will be around $60.5M
MAN Diesel & Turbo has contracted to supply 8L32/44CR B.2 engines as part of a complete propulsion package to power a seismic vessel ordered by GC Rieber Shipping of Norway. Four of the engines, along with 2 × 2-speed Flender Twin-In/Single-Out reduction gears and MAN Alpha Twin Screw CP propellers in AHT nozzles, will power the vessel which is classed as Ice Class 1A*. The vessel design is an ST 324 XT from Skipsteknisk of Aalesund
Strategic Marine also delivers fourth of eight windfarm service supply ships for UK operator in Singapore. Strategic Marine, a specialist shipbuilder with operations in Singapore, Australia and Vietnam, will build the Long Term Ashmore Capability (LTAC) for Gardline Australia Pty Ltd on behalf of the Government of Australia. The LTAC will be a 40-meter On Station Vessel designed for reliable, flexible self-sufficiency on longterm deployment in tropical areas.
The car carrier Grande Lagos, the seventh of a 10-vessel order, was launched on February 22 at the Croatian yard Uljanik at Pola for Italy’s Grimaldi-Naples. Grande Lagos, which will be delivered in May, is a 44,500 ton 198,40 m long ship with capacity for 5,400 cars or 456 trucks and 200 cars on 45,671 sq. m., and has a cruising speed of 20 knots. The other three vessels will be delivered at Uljanik for Grimaldi-Naples during the period from 2004 and 2006.
Belgium Diesel Engine Manufacturer Provides Main Engine for Alaska Fishing Vessel. When the owners of the fishing pollock trawler, Great Pacific decided they needed to purchase a new main engine to replace their MAN B&W Alpha 10V23L-VO they took a hard look at all the engine manufacturers
Offshore and maritime classification society ABS has been selected by Edison Chouest Offshore and Island Offshore through the company Island Ventures II LLC to class two next-generation offshore construction vessels (OCVs). The ULSTEIN SX165 design vessels, ordered through Island Ventures II LLC
By Jan Schwartz, Reuters Troubled German public-sector bank HSH Nordbank will likely need more state aid than previously thought due to deep losses in shipping lending and back taxes, the bank's supervisory board chairman said. The bank, one of the world's biggest shipping financiers
IHC Merwede has successfully named and launched the pipelaying vessel Sapura Topázipo in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated IHC Merwede vessel was carried out by Puan Sri Datin Seri Yazreen Yahya
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) say they have delivered to Milaha the 32m-long tug 'Semesma', the eleventh vessel built in the State of Qatar by NDSQ to be utilized by Milaha at the Port of Mesaieed. ASD tug Semesma has a bollard pull of 80 tons and will be used for
With the recent commissioning of two TCS-PTG22 units at the Miraflores Power Plant in Panama and the successful factory acceptance test of a TCS-PTG20 unit for a 4,700 TEU container vessel ordered by Reederei Horst Zeppenfeld – the second such unit to be installed on board a second such
IHC Merwede says it has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment, including a large trailing suction dredger for a Chinese customer. News of the orders as follows:
IHC Merwede has secured orders worth €350 million for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger
UASC Cements its largest ever newbuilding order by exercising options for six 14,000 TEU boxships. United Arab Shipping Company (UASC) announced Sunday that options for six additional 14,000 TEU vessels have been exercised bringing the total order to 16 ships
As we start 2014, signs of a recovery are starting to emerge. On the back of lower energy costs, the US economy is set to grow and unemployment levels have been falling, reads the '2014-2018 Tanker Market Outlook' by McQuilling Services. Tanker Profile
GTT technology has been chosen by STX France to equip PEGASIS, the new environmental vessel ordered by Brittany Ferries. GTT membrane technology has been selected by STX France to fit out PEGASIS (Power Efficient GAS Innovative Ship)
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has laid the keels for two 16m-long Stan Tugs, part of a seven-vessel order for marine services provider Nakilat Svitzer Wijsmuller (NSW). A small ceremony to mark this important step in the shipbuilding process was held at NDSQ’s
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has laid the keels for two 16-metre long Stan Tugs, part of a seven-vessel order for marine services provider Nakilat SvitzerWijsmuller (NSW). A ceremony to mark this step in the shipbuilding process was held at NDSQ’s facilities
Kongsberg Maritime has secured contracts with a value of NOK 150 Million to deliver fully integrated navigation and automation systems for a series of 10 container vessels ordered by United Arab Shipping Company (UASC) and under construction at HII.
Oceaneering International, Inc. has commissioned the construction of a subsea support vessel from BAE Systems, expected to be delivered by the end of the first quarter of 2016. The new ship will be U.S. flagged and documented with a coastwise endorsement by the U.S. Coast Guard