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HOWALDTSWERKE-DEUTSCHE WERFT

Six New Subs for Turkey

214_Sumarine web.jpg

    On July 2, 2009, a contract was signed in Ankara by Howaldtswerke-Deutsche Werft GmbH (HDW), a company of ThyssenKrupp Marine Systems AG (TKMS), and MarineForce International LLP (MFI) for the construction of six submarines within the Turkish “New Type Submarine” program. The contract comprises the delivery of six material packages for the construction of submarines based on Class 214. The contract was concluded between the HDW/MFI Consortium and the Turkish defense procurement authority. This makes Turkey the fourth country after Greece, South Korea and Portugal to equip its navy with this submarine type and raises the total number of units of this class ordered to date to 21. Two of these boats are already fully operational with the South Korean Navy.


Nine Companies Bid for Hellenic Shipyards

Nine companies expressed interest in the privatization of Hellenic Shipyards at Skaramanga, part of the country's privatization agenda for 2001, the development ministry reported. The government's advisers on the project will shortlist bidders in the next 15 days and then ask for binding bids for the shipyard, whose major shareholders are ETBA Bank and workers. The ministry expects the project to be concluded by June.


Three Vie To Buy Shipyard

Greece received three bids for the sale of a majority stake in Hellenic (Skaramanga) Shipyards, one of 10 privatizations the development ministry has planned for 2001. "We have three bids, but one bid has no letter of guarantee. It's important that we have two bids that are good. They are what we were expecting," Deputy Development Minister Alekos Kalafatis said. Germany's biggest shipyard Howaldtswerke-Deutsche Werft AG (HDW)-Ferrostaal AG and Greece's Neorion Shipyards subsidiary Elefsina


Industry Pays Tribute to Innovation Awards Winners

Winners of the Lloyd’s List-SMM 2002 Awards for innovation in shipbuilding and marine technology were announced in the Hamburg Congress Centre last night (September 24) at a gala ceremony which brought day one of the world’s biggest maritime fair to a glittering conclusion. Several hundred leading industry figures gathered for the final stage of an initiative launched in March by Lloyd’s List and SMM organisers Hamburg Messe to recognise the technical advances which enable maritime


Paragon Moves on Containerships

Paragon Shipping Inc. has sold one of its newbuilding Kamsarmax contracts and has also entered into agreements to acquire two 3,400 TEU newly built containerships from their builder Howardtwerke-Deutsche Werft, GmbH, Germany at a price of $49m. The container vessels are scheduled to be delivered to Paragon between July and August, 2010. “We have taken advantage of favorable conditions in the sale and purchase markets to sell one of our Kamsarmax newbuilding contracts and also to acquire


Thyssenkrupp Marine Systems Awarded Service Order in Peru

Photo: ThyssenKrupp Marine Systems GmbH

 Thyssenkrupp Marine Systems, a leading global system supplier for submarines and surface vessels, has received a service order worth around €40 million from the Peruvian naval shipyard SIMA.    A key component of the order is the provision of consulting during the planning and realization of extensive modernization work on four HDW 209/1200 class submarines over a period of seven years.   


Trico Marine Rated As Strong Buy

Deutsche Banc Alex.Brown said on Thursday that it had started coverage of Trico Marine Services Inc., an energy services provider, with a strong buy rating and a $20-a-share price target. Trico shares closed at $16-1/16 on Wednesday. Deutsche Banc Alex Brown analysts said shares could rise from earnings leverage due to offshore oil rig use in the Gulf of Mexico and the North Sea, expanded deep-water markets of West Africa and Brazil, a projected earnings recovery


MS&D 2009 Hamburg

The latest surveillance, defence and security equipment is presented by the 60 exhibitors at MS&D 2009, the international conference and exhibition on Maritime Security & Defence (MS&D), to be held at the Hamburg Fair site from 30 September to 2 October 2009. The exhibits include sophisticated optical and acoustic sensors, which have substantially improved the automated monitoring and control technology of security and defence equipment and systems


Meyer Werft Buys Finland out of Turku Shipyard

Photo: Meyer Turku

Germany's family-owned Meyer Werft shipyard is buying the Finnish state out of Turku shipyard in southwestern Finland, the government said on Wednesday. Meyer Werft and the government last year bought the troubled shipyard from Korean trade and ship corporation STX, with the change of ownership helping the yard to win several orders. The price Meyer Werft is paying Finland for the 30 percent stake it does not already own was not disclosed.


Hapag-Lloyd Becomes 'Blue Chip'

Photo: Hapag-Lloyd

 Hapag-Lloyd would become a member of the SDAX index of the Deutsche Börse, with its first day of trading on March 21, announced Deutsche Börse.   The SDAX is a German Blue Chip Equity Index and contains 50 companies listed in the Prime Segment of Deutsche Börse which follow the 30 DAX and the 50 MDAX companies with regard to free float market capitalisation and order book turnover.   


Wind Farm Vessel Delivered to Mainprize Offshore

MO4 (Photo: Aluminium Marine Consultants)

 Aluminium Marine Consultants informs it has handed over MO4 to Mainprize Offshore this week for work as a wind farm support vessel carrying both cargo, equipment and personnel out of the port of Hooksiel to the German wind farm sector on an eight-year contract with Deutsche Windtechnik on


MV WERFTEN Promotes Luukkonen

Janne Luukkonen (© MV WERFTEN)

Janne Luukkonen has taken over the position of Director of Project Management at MV WERFTEN as of August 1, 2017. He is a member of the senior management, responsible for all shipbuilding projects, and reports to CEO Jarmo Laakso.   Luukkonen was previously a member of the Meyer Werft


New Wind Farm Service Vessel for ESVAGT

(Illustration: BowVision)

A 15-year contract will see a new ESVAGT service operation vessel (SOV) support MHI Vestas Offshore Wind in the Deutsche Bucht (DeBu) Wind Farm project. ESVAGT will deliver the SOV for MHI Vestas in August 2019.   The new contract is not only the longest in ESVAGT’s history


Meyer Werft Begins LNG Cruise Ship Build for AIDA

(Photo: AIDA Cruises)

German shipbuilder Meyer Werft has laid the keel for AIDAnova, set to become the first cruise ship worldwide that will operate both at sea and in port fueled with liquefied natural gas (LNG).   With AIDAnova’s first building block lowered into place on September 6, 2017


DHL Says Ocean Freight Rates at Turning Point

© dbvirago / Adobe Stock

Demand for ocean and air freight has been better than expected this year, with increasing volumes and rates finally improving after years in the doldrums, executives from freight forwarding company DHL, part of Deutsche Post DHL Group, said.


Greece Asks Investors to Improve Bids for Thessaloniki Port Sale

Greece's privatisation agency (HRADF) asked on Friday for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port. Athens got last month three offers for the sale of a 67 percent stake in Thessaloniki Port


Greece Calls for Improved Thessaloniki Port Bids

Map: Thessaloniki Port Authority (THPA)

 Hellenic Republic Asset Development Fund (HRADF) asked for improved financial bids from short-listed investors seeking to buy a majority stake in its second-largest port, reports Reuters.   Greece’s privatization agency (TAIPED) got three offers last month for the sale of a 67


Greece Gets Three Improved Bids For Thessaloniki Port Sale

Greece received three improved binding financial bids for a majority stake in Thessaloniki Port , its second-largest, the country's privatisation agency (HRADF) said on Friday. Last month HRADF got three bids for a 67 percent stake in Thessaloniki Port.


Deutsche Invest Highest Bidder for Thessaloniki Port

© bestravelvideo / Adobe Stock

German private equity firm Deutsche Invest Equity Partners was the highest bidder for a majority stake in Greece's Thessaloniki Port with an offer of 231.9 million euros ($251.8 million), privatisation agency HRADF said on Monday.   The sale is a key part of the country's international


Norwegian Joy Delivered for NCL

Norwegian Joy (Photo: NCL)

Norwegian Cruise Line took delivery of Norwegian Joy, the brand’s 15th ship and the first custom-designed for the Chinese cruise market, from Meyer Werft during an on board ceremony in Bremerhaven, Germany. The vessel is due to arrive in China in June.  


Germany Halts Planned Warship Purchase

Germany's federal cartel office upheld on Thursday a complaint brought by German Naval Yards against an order from the defence ministry for five new military corvettes valued at over 1.5 billion euros, after the ministry skipped an open procurement.  


OPEC Set to Prolong Oil Cuts

© SLDigi / Adobe Stock

OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut of crude.   OPEC's de facto leader, Saudi Arabia, favours extending the output curbs by nine months rather than


Meyer Werft Lays Keel of Norwegian Bliss

Norwegian Cruise Line president and CEO Andy Stuart and MEYER WERFT managing partner Tim Meyer at the keel laying for Norwegian Bliss. (Photo: NCL

A keel laying ceremony was held for Norwegian Cruise Line’s (NCL) new cruise ship Norwegian Bliss at the shipbuilder Meyer Werft’s facility in Papenburg, Germany.   During the ceremony, one of the keel blocks of the 167,800 gross ton vessel was lifted into the covered building


Hatenboer-Water Wins Order for Saga Newbuilds

(Image: Saga Cruises)

Netherlands based Hatenboer-Water said it will supply water treatment equipment for two new cruise vessels currently under construction for Saga Cruises at the Meyer Werft shipyard in Germany.   The equipment, which conditions fresh water derived from bunkering in the harbor or seawater


Cargo Shipping Market to Grow at 3.45% to 2023

Photo: Maersk Group

 Global Cargo Shipping Market is expected to grow around 3.45% CAGR during the period 2017 to 2023, says a report by Market Research Future.   In recent years, Global Cargo Shipping Market has advanced rather productively. While, increasing number of countries forging of free trade






 
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