Malaysia to Strengthen Shipbuilding, Repair Sector

Monday, August 28, 2006
According to reports, aimed at stemming the outflow of capital for the acquisition of marine transport products, especially ships, the Malaysian Government will seek to strengthen the capacity and capability of the shipbuilding and ship repair sector in the country under the recently-launched Third Industrial Master Plan (2006-2020) (IMP3). Giving the push to the shipbuilding and ship repair sector is among the five strategic thrusts for the long-term growth and viability of the marine transport subsector.

Last year, Malaysia imported various marine transport products and it has been estimated that the outflow of the capital for this sector increased by an annual rate of 3.6 percent during the 1996-2005 period. The country imported cruise ships, ferry boats, cargo ships and barges last year. Recently, MISC Bhd announced that it has allocated funds for the acquisition of mainly tankers and containerships.

The perspective IMP3 noted there are 56 companies with manufacturing licences undertaking the building and repairing of commercial and naval vessels. In addition, there are more than 30 smaller shipyards producing mainly wooden hulls for fisherman and traders, smaller ferries, tugboats, barges, standby vessels and patrol boats, leisure craft yachts, cruisers and speedboats. The plan document said during the IMP2 period, major inroads were made in developing the shipbuilding and repairing sector. Source: Vinashin

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

Shipbuilding

World’s First LNG-Ready Ultra Large Container Ship Named

The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships.

Wärtsilä Integrated Solutions for Maersk's AHTS Vessels

A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A.

MacGregor Deck Equipment for Intership's Eco-bulkers

MacGregor, part of Cargotec, has secured a deck equipment contract from New Times Shipyard in China for Intership Navigation Co Ltd.'s three new 36,500 dwt laker-class bulk carriers.

LNG

World’s First LNG-Ready Ultra Large Container Ship Named

The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships.

ClassNK Approves Niigata Dual-fuel Engine Design

Classification society ClassNK has granted approval to the design of the new 28AHX-DF dual-fuel engine developed by Niigata Power Systems Co., Ltd. The new engine

Massive LNG Absorber Shipped to Malaysia

Successful transport of 1,480t absorber for biggest LNG plant worldwide in Malaysia.   1,480 tons and a high center of gravity made the transport of an absorber

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1946 sec (5 req/sec)