Goodearth Maritime to Build Shipyard

Monday, November 20, 2006
According to reports, Goodearth Maritime is planning to build a shipyard on the east coast of the country with Korea Maritime Consultants Limited (Komac). The first phase of the project is expected to cost about $250 million, and will see tankers as large as 100,000 deadweight tons being built. Phase two will accommodate supertanker orders and the new yard could build up to 12 Very Large Crude Carriers (VLCCs) a year, reports said.

The yard, along with Komac, a private South Korean company of naval architects and marine engineers -- which is expected to build tankers, bulk vessels and chemical carriers -- is slated to start construction in about 15 months. Komac provides a full range of professional services including ship design, construction supervision, and technical and management consultancy services to shipbuilders and ship owners in more than 23 countries. Source: Reuters

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Shipping Gloomiest Since 2009

The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters.

South Korea Tops in Shipbuild Orders

South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., have secured the largest amount of new orders in the first six months of the year to retain the top slot,

Drydocks World Completes World’s Largest Turret

Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing

Offshore

Viking O&M Secures Rig Contract from a Chinese Firm

Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million).   Viking’s subsidiary Viking LR2 will charter the 1,

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Water Conservation Measures at Panama Canal

The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1239 sec (8 req/sec)