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Aker Yards Builds Large Construction Vessels

Aker Yards is to build two large construction vessels for DOFCON. Both vessels will be delivered from Aker Yards' site at Søviknes in Norway. The value of the two contracts is approximately NOK 1 175 million. The first vessel is of Aker OSCV 06 L design, developed by Aker Yards, and will be delivered from the yard spring 2009. The vessel is 153 m long. It will have DP Class 3 and Ice Class. The vessel will have a maximum speed of 18.5 knots, which is of significant importance for global operations in order to minimize mobilization time. The second vessel is scheduled for delivery spring 2008. It is 118 meters long, and will be equipped with a 250 tons offshore crane, and will have DP Class 3. This vessel is also designed by Aker Yards.


Herbert-ABS Opens Singapore Office

Herbert-ABS Software Solutions LLC, a marine regulatory, load management, salvage and ship design software company, has opened an office in Singapore to reinforce service and support for Asia-based shipowners, operators and shipyards, the company said. The new office will be led by Director and Naval Architect Rob Tagg, who will expand the activities and strategic plans of Herbert Engineering and Herbert-ABS Software


Shipping Facing Serious Long-Term Challenges

SHIPPING is going to need a great deal of resilience to meet the challenges of the next twelve months, according to international accountant and shipping adviser, Moore Stephens. But, for those who can secure funding, there have been few better times to invest.   Julian Wilkinson, head of the Moore Stephens Shipping Industry Group, says, “More than ever, shipping will be an industry for long-term players. Operating costs increased in 2011


Derecktor and Alaska Government Officials Sign Contract

Paul Derecktor, Alaska Governor Tony Knowles, State Department of Transportation Commissioner Joe Perkins and several Alaska State Officials were in attendance last week at the State Capitol in Juno, for the signature of the contract that entrusts Derecktor Shipyards with the construction of two new high-speed ferries for the Alaska Marine Highway System. This contract will be the first time a U.S. yard builds passenger-vehicle high-speed ferries


Boatbuilding in China

Xin Yue Feng Shipyard’s Chairman Luo Chaoneng with a pair of AHTs.

While much of the focus on coverage of the Chinese shipbuilding industry is on big shipbuilding, Maritime Reporter switches gears this month to explore activities in select boatbuilding sectors.   Damen Yichang Shipyard The Damen boatbuilding name is ubiquitous around the world, and China is certainly no exeception. The Damen Yichang Shipyard in China started ops in 1999 as a JV between Damen Shipyards Group and Sinotrans CSC


Rautaruukki Gets Order For Kvaerner Masa-Yards Project

Rautaruukki Oyj will to deliver 25,000 tonnes of shipbuilding plate to Kvaerner Masa-Yards Oy. Rautaruukki will begin delivering the steel in April to Masa-Yards' shipyards in Helsinki and Turku, Finland. Kvaerner Masa-Yards agreed in December to build a ferry that can carry 2,800 passengers for Norwegian cruise operator Color Line A/S. The ferry, with a gross tonnage of 74,600 tonnes is expected to be delivered in December 2004.


Aker Yards to build four PSV’s

Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany and Aker Yards announced that it has signed an agreement to build four Platform Supply Vessels (PSV's) of the type UT 755 LN at Aker Yards in Norway. The value of the contract is approximately $89.8m. Nordcapital has an option for an additional four vessels that will have to be declared by the middle of May 2006. The four vessels are scheduled for delivery from the fourth quarter in 2007 to the second quarter 2008


Aker to Build PSV for Farstad Shipping

Farstad Shipping ASA, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build a UT 751 E platform supply vessel. The hull for the PSV will be built in Romania and outfitting yard will be Aker Yards Brevik. Delivery of the vessel is scheduled for July 2007. The vessel will upon delivery enter into the long term contract that was recently awarded by Norsk Hyrdo


Spain: IZAR Shows Its Mettle in the Gas Sector

As the sole shipbuilding organization outside eastern Asia with a current involvement in the construction of large LNG carriers, IZAR is determined to maintain a long-term position in a promising, higher value-added field of the newbuild market. The present business profile is based on a series of membrane-type vessels of 138,000-cu. m. capacity, contracted in recent years in the face of fierce international competition and oriental domination of gas tanker production


Germany’s Nordic Yards Set to Build Shipyard in Russia

Image by Nordic Yards

 The German shipbuilder Nordic Yards is considering constructing shipyards in Russia, in particular in the Far East.    The owner of the shipbuilder, Vitaly Yusufov confirmed that his company is actively considering the possibility of building own facilities, since the trend toward increasing localization is such that the longer, the higher by year the percentage of necessary localization.   


Scorpene Submarine Data Leak: Setback to Indian Navy

Photo: DCNS

 India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities of the Indian Navy’s soon-to-be-inducted Scorpene submarines.  


The Economics of Ship Breaking & Scrapping

Photo Credit iStock rajami2

Sometimes being an industry supplier offers interesting insights – your business is touched by the ups and downs of the charter market, but you are never so involved in it that you lose sight of the big picture. Some of our clients have been hit hard by the market’s general downturn;


MN100: Gladding-Hearn Shipbuilding, Duclos Corporation

Photo: Gladding-Hearn Shipbuilding

The Company: For more than 60 years, Gladding-Hearn Shipbuilding has built steel and aluminum commercial vessels. Located on 6.5 acres on the deepwater Taunton River in Somerset, Mass., the family-owned and operated shipyard counts more than 417 vessels built as proof of its longevity and vessel


MN100: Eastern Shipbuilding Group, Inc.

(Photo: Eastern Shipbuilding Group, Inc.)

The Company: Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered


MV Werften Begins Building Crystal’s New Cruise Ships

From left to right: Jarmo Laakso, Managing Director MV WERFTEN; Tan Sri Lim Kok Thay, Chairman Genting Group; Edie Rodriguez, CEO Crystal Cruises; Walter Schölzig, Project Manager MV WERFTEN; and Erwin Sellering, Prime Minister of Mecklenburg-Vorpommern (Photo: MV WERFTEN)

The first two of four Rhine class river cruise ships are simultaneously under construction at MV WERFTEN in Wismar. Delivery of the 7-star vessels Crystal Bach and Crystal Mahler to Crystal River Cruises will be in 2017.   Shipbuilder MV WERFTEN held a keel-laying ceremony for two Rhine


Gibdock Records Busiest Season

Gibdock played host to four offshore support vessels at the same time at the end of June. Photo Gibdock

Simultaneous attention to four offshore support vessels at Gibdock demonstrates that the Gibraltar yard is now a regional hub for this specialized repair, maintenance and renewal work, operating as a base for mobilisation and de-mobilisation projects.


Bahamas Corvette Gets a Lifetime Extension

Photo: Damen

The 60-meter Royal Bahamas Defense Force Corvette HMBS Nassau (P-61) has arrived at Damen Maaskant Shipyards Stellendam in the Netherlands for an extensive refit. The 17-year old vessel will receive a comprehensive overhaul that comprises full systems and instrumentation replacement.  


Berth and Billions: Cruise Business Powers European Yards

Graph: Clarkson Research

 In a historically weak contracting environment the cruise sector has seen a strong level of newbuild ordering and investment in the year to date, says a research report by Clarkson.   Cruise lines have continued to expand their fleets, with new markets such as China in their sights


New Ship Repair Yard for Zayed Port

Photo: Abu Dhabi Ports

 Abu Dhabi Ports and Abu Dhabi Ship Building (ADSB) have signed a long term contract that when fully realized will see a fully operational ship repair facility that will also include a floating dock capability within Zayed Port.   


Euroseas Reports Loss

Photo: Euroseas Ltd

 Euroseas Ltd has announced its results for the three and six month period ended June 30, 2016 as well as certain fleet updates.    Total net revenues of $7.3 million. Net loss of $19.2 million; net loss attributable to common shareholders (after a $0


Damen Upshifts in Turkey

Photo: Damen

Damen Shipyards Antalya has secured ISO 9001, ISO 14001 and OHSAS 18001 certification, an achievement that coincides with a period of rapid expansion that has seen the addition of three new production halls within the space of two years.  


Specialists Team Up for International BWTS Refit

Solent Refit – aerial shot of Solent Refit at Hythe (Photo: Solent Refit)

U.K.-based Solent Refit and global marine equipment specialists Cathelco have teamed up to help international customers meet new ballast water management regulations.   Solent Refit, at Hythe, on Southampton Water, has built its reputation on maintaining and refitting classic and modern


Cochin shipyard Plans it Big

Photos: Cochin Shipyard Ltd.

 The Cochin shipyard Ltd (CSL) has plans to develop a major hub of LNG-based ship building and repair facility that would generate about 3, 000 jobs in the State of Kerala, the Hindu quotes Madhu S. Nair, Chairman and Managing Director of Cochin Shipyard Ltd, as saying.  


Vard Takes Control of Vard Promar, Brazil

Vard Production of hull sections for FINCANTIERI at Vard Tulcea. d Promar in Brazil. Photo Vaard

Vard Holdings Limited (VARD) has increased its ownership stake in its indirect subsidiary in Brazil, Vard Promar, to 95.15%. Vard Promar, previously held 50.5% by VARD’s wholly-owned subsidiary, Vard Group AS, and 49.5% by a local partner, PJMR Empreendimentos Ltda


Euroseas Newbuilding Program Update

Photo Euroseas

Euroseas Ltd.announced that it has signed an addendum to its shipbuilding contract with YJZ yard for the construction of Kamsarmax vessel Hull Number YZJ 1153 scheduled to be delivered during the first quarter of 2018. According to the addendum, the Company acquired the option until December 31






 
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