Harland & Wolff Wins $350M Order

Wednesday, May 31, 2000
Northern Irish shipyard Harland and Wolff has won a provisional order worth more than $350 million to build two luxury cruise liners, company officials said. The shipyard, which earlier this month secured its future with a $450 million order for four passenger ferries, said it had been awarded a letter of intent by cruise line Luxus Holdings.

The 28,000 ton ships will carry 380 passengers and measure more than 656 ft. (200 m), officials said. Luxus said the ships were designed to mimic the standards of a large luxury yacht.

The order follows news that Northern Ireland's largest manufacturing sector employer, Bombardier Aerospace, plans to create 1,200 new jobs over the next two years at its Belfast-based aerospace unit Short Brothers Plc.

The announcements are likely to be seen as a major vote of confidence in Northern Ireland, which last week saw a return to home rule, regarded as a key stepping stone to restoring a lasting peace to the conflict-torn province.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Rosneft and NADL Sign Exchange of Assets Deal

Rosneft, Seadrill Limited and North Atlantic Drilling Limited (NADL) signed a Framework Agreement that envisages long-term cooperation in the sphere of oilfield development projects.

YPF Oil Extends Operating Agreement with Sinopec to 2027

Argentina's state oil company YPF agreed Friday to extend its operation until 2027 in partnership with a local unit of China's Sinopec oil in an area of ​​a

Scottish Sea Farms Orders Newbuilds

Macduff Shipyards Ltd. has received a contract worth more than £3.3 million pounds from Scottish Sea Farms for the design and build of four 19.8-meter 150T steel

Tanker Trends

W.Africa Crude Slow to Trade; Nigerian Glut Fading

Angolan cargoes for October loading are so far finding buyers slowly, traders said on Friday, while there were further signs that an overhang of September-loading Nigerian cargoes is being absorbed.

WTO Rules Against Argentina Licensing Rules in Row with US, EU, Japan

A World Trade Organization (WTO) dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union, and Japan against

Odfjell 2Q Results In Line with Expectations

Chemical Tankers had an EBITDA of $24 million, compared with $17 million in the first quarter. Improved utilization with only minor interruptions of trade. Time-charter results were up by 10%.

 
 
Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1373 sec (7 req/sec)