Jiangsu New Yangzijiang Shipbuilding has been contracted to build four 82,000 dwt bulk carrier orders for Hong Kong owner Everbright Metal. Each ship will have a length of 229 m (751 ft) breadth of 32.26 m (106 ft) and draft of 14.45 m (47.4 ft), and all the four ships are expected to be delivered between the fourth quarter of 2013 and the third quarter of 2014. Currently New Yangzijiang Shipbuilding has orders for 53 vessel on hand made up of 16 bulkers, 6 woodchip transport vessels and 31 containerships.[
According to VNS, Nam Trieu Shipbuilding Industry Corporation, under the Viet Nam Shipbuilding Industry Group, began construction of a 56,200-tonne vessel, the first of three vessels for Japan’s Lavender Maritime S.A. The 623 ft. will be built under Japan’s NK Register in 22 months. Nam Trieu has also signed contracts to build four multi-purpose vessels worth $17m and vessels to transport automobiles capitalized at $2 billion. Source: VNS
SEOUL, Sept 29 Asia Pulse - South Korea's STX Shipbuilding Co. said Friday it has won a $198.6m deal to build four container carriers for a Japanese company. STX Shipbuilding will deliver the vessels for NYK Line, Japan's leading logistics company, by the end of 2009, the company said in a regulatory filing. The company, ranked seventh in the world by order backlog, earlier this week revised its order target for this year upward to 73 ships from 54 vessels.
The contract to build four ships for Germany is awarded to Sadra of Iran, according to a report on www.mehrnews.ir. Total value of the project is $120m and the first ship will be seaborne in 30 months. The ships are ordered by north German-based Rickmers Shipping Lines and have a cargo capacity of 25,000 tons each. They would be used for freight transport from Europe to other destinations worldwide.
Vela International Marine, the shipping arm of Saudi Aramco, reportedly has awarded Hyundai Heavy Industries a contract to build four very large crude carriers (VLCCs). The 300,000-dwt VLCCs would each be able to transport two million barrels of crude oil to customers in Europe, the Far East and North America, SPA said. The new tankers, to be delivered between 2002 and 2003, would replace old tankers due to be put out of service. Vela's fleet consists of 15 vessels.
Larsen and Toubro Ltd (L&T) has won a contract valued at about $240m to build four specialized ships for Dutch company RollDock BV. Indian companies are currently building about 245 ships worth more than Rs20,000 crore. Of this, about 70% are for overseas clients, who are placing orders at Indian yards as shipbuilding facilities in maritime strongholds such as , and are fully booked till 2011. Each ship will cost about $60m to build
Malaysia-based offshore oil field services provider, Bumi Armada Berhad (“Bumi Armada”), announce its newbuild programme, ’Steel on Water 2’ Bumi Armada Berhad has issued a Letter of Intent (“LOI”) for four Multi-Purpose Platform Support Vessels (“MPSV”), with an option to build four additional units. This newbuild programme follows fast on the heels of the company’s ‘Steel on Water 1 Programme’ of 20 newbuilds which
The Bank for Investment and Development of Viet Nam’s Hai Phong branch has signed a credit guarantee with Pha Rung Shipbuilding Co for the construction of four oil and chemical tankers on behalf of South Korea’s Fortune Marine Co. The bank will guarantee repayment of loans to build four tankers, worth $42.3m. The bank last year also signed a credit guarantee with Pha Rung for the building of an oil and chemical tanker for South Korea’s YN Shipping
Strategic Marine won the contract to build four new workboats for Leighton-Saipem Consortium for use by the Chevron operated Gorgon Project. The vessels will be built at the company's Henderson Shipyards and used to transport workers to and from construction barges operating at Barrow Island as part of the LNG jetty and marine structure contract for the Gorgon Project. Strategic Marine Chief Marketing Officer Terry O’Connor said these vessels would be the first delivered under the
According to a Sept. 29 report from BIV Business Today, a new set of state-of-the-art tugboats will ply the waters of Burrard Inlet next year, Seaspan International Ltd. announced. The North Vancouver company recently signed a contract with Turkey’s Sanmar Denizcilik Shipyard to build four ship assist tugs, the largest build commitment of a single class of vessels for the company in more than three decades. Vancouver-based naval architects Robert Allan Ltd. designed the RAstar 28m tugs
South Korea’s Hyundai Samho Heavy Industries (HSHI), a shipbuilding affiliate of Hyundai Heavy Industries (HHI), said it has attracted 300 billion ($264 million) won investment via pre-IPO. Under the agreement signed with Korean private equity firm IMM Private Equity
Hyundai Heavy Industries Group reports $240 million order for the world’s first liquefied natural gas (LNG) fueled aframax tankers Hyundai Heavy Industries’ shipbuilding affiliate Hyundai Samho Heavy Industries (HSHI) said it recently won a $240 million order to build four 114
Questions over the purchase of German submarines that started with media reports of a potential conflict of interest involving Prime Minister Benjamin Netanyahu's lawyer have mounted in the last 10 days, spurring investigations in two countries.
Arkhangelsk Trawl Fleet (ATF) has entered into contract with Vyborg Shipyard for the construction of a series of fishing trawlers. The shipbuilding contract, signed at the the International Forum "The Fishing Fleet - New Impulse to Development" in Murmansk in March 2016
Furetank and Älvtank extend the order with two more of next generation Intermediate Product/Chemical Tankers with LNG propulsion. Furetank Rederi AB and Rederi AB Älvtank have added the previous order with two more newbuildings. Last year a contract signed by the constellation Furetank
The submarine market will be valued at $22.8 billion this year. By 2026 the market will reach $36.3 billion, according to Strategic Defence Intelligence. This represents a compound annual growth rate of (CAGR) of 4.74%.
Vard Holdings Limited announced that it has secured contracts to build four luxury expedition cruise vessels with French cruise company PONANT. The contracts follow on a Letter of Intent (LoI) reached in March 2016, which set out several conditions to be met including satisfactory
Conrad Shipyard of Morgan City, La. has signed a contract to build four Damen Stan 3711 tugs for Young Brothers, Limited of Hawaii, announced Conrad President and CEO, Johnny Conrad. The four new twin-screw tugs are 123-feet in length with a 36.5-feet beam and powered by G.E
Young Brothers, Limited, Hawai‘i’s largest inter-island cargo service provider, and Conrad Shipyard, signed a contract to build four new tugs, a nearly $80 million investment that is designed to support Young Brothers’ overally service efficiency
The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation.
Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT). Representatives from Philly Shipyard and Kinder Morgan were in attendance to place coins on one of the keel
The German Navy's third F125-class frigate Sachsen-Anhalt was christened in March during a ceremony held at ThyssenKrupp Marine Systems shipyard in Hamburg. Dr. Gabriele Haseloff, wife of the premier of the state of Saxony-Anhalt after which the frigate has been named
Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros. The deal will give Genting Hong Kong the core expertise, manpower
An agreement to build oil tankers in Iran for Venezuela has been left in limbo years after it was announced as Western sanctions plus disagreements over payments and delivery terms took their toll, sources familiar with the matter say.
MacGregor, part of Cargotec, has strengthened its position in the heavy-lift market by confirming an important new contract to deliver twelve 450-tonne capacity heavy-lift cranes for six Ecolift F900 vessels. The 13,300 dwt vessels are being built by two Chinese shipyards