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POSCO Daewoo to Supply Marine Equipment to Indonesian Shipbuilder

Pic: POSCO Daewoo

 POSCO Daewoo has signed a memorandum of agreement (MOA) to supply shipbuilding materials worth US$150 million to Penataran Angkatan Laut (PT PAL), Indonesia’s largest state-run shipbuilder, according to a report in Business Korea.   Under the contract, the Korean trading company will supply engines and other parts necessary for shipbuilding, and its partner PT PAL is going to build 10 patrol boats and one combat support ship with the provided materials before delivering them to Indonesian ministries including the Indonesian Navy and the Ministry of Communication and Information Technology.   The 11 ships will be taken over by the Indonesian government once they are built.    Since 2006, the Korean company has kept close ties with PT PAL, providing technology, training and know-how to build two landing platform docks in Indonesia.    Since 2014, POSCO Daewoo has also supplied major equipment for building two landing platform docks for the Philippine Navy. They are currently under construction by PT PAL.   


Yangzijiang Shipbuilding (Holdings) Ltd Announces 6 New Contracts for US $214.2 Million

SINGAPORE: Yangzijiang Shipbuilding (Holdings) Ltd announced six new shipbuilding contracts for a total of US $214.2 million. The company will build two 82,000 DWT (deadweight tonnage) bulk carriers, two 10,000 DWT bulk carriers and two 4,800 TEU (twenty-foot equivalent unit) container ships, to be delivered in 2012 and 2013. During the first quarter of 2011 Yangzijiang has secured a total of 14 shipbuilding contracts adding up to US $512.3 million.


OOIL Orders Two Containerships For $160M

Orient Overseas (International), the shipping giant controlled by Hong Kong Chief Executive Tung Chee-hwa's family, said two of its subsidiaries have entered into a contract with Samsung Heavy Industries Co Ltd to build two container vessels. The two post-Panamax container vessels, worth a total of $160 million, represent about 20.9 percent of OOIL's net tangible assets, the company said in a published statement. Each can carry 7,400 teu


Hanjin Heavy Receives Containership Orders

Hanjin Heavy Industries & Construction Co. received an order to build two container vessels from A.P. Moeller-Maersk A/S for $124m. The vessels will each carry 3,100 20-ft. standard containers and will be delivered by the end of September 2009 to A.P. Moeller. Hanjin Heavy exceeded its goal to secure orders amounting to $1.5b with the A.P. Moeller-Maersk A/S contract. The dockyard has an order backlog to build about 50 ships valued at about $4.6b. (Source: Bloomberg)


Global Carriers Awards Contracts to Ningbo Shipyard

Global Carriers Bhd has awarded two shipbuilding contracts worth a combined $21.76m to Ningbo Shipyard Co Ltd. The contracts are for Ningbo Shipyard to build two double-hull product oil tankers for Global Carriers, the company said. The first vessel will be delivered in late 2008 and the second will be delivered about four months after the first, it said. Source: Thomson Financial


Kvaerner's Warnow Yard Lands $70.1 Million Contract

Anglo-Norwegian engineering group Kvaerner ASA said on Friday that its German shipyard Warnow had won a contract worth 640 million crowns ($70.1 million) to build two container ships for Oskar Wehr. Kvaerner said in a statement that Oskar Wehr, based in Hamburg, had also ordered two similar ships from the yard in August. The two extra vessels, of the Warnov CV 2500 design, would be delivered in the first and second quarters of 2002.


Aker Yards to Build Two More PSVs for Nordcapital

Aker Yards has confirmed an optional agreement with Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany for the building of two Platform Supply Vessels. The Contract value is approximately $47.5m. Delivery is scheduled for summer and autumn 2008. The vessels have the designation UT 755LN.


VT Group Boss May Head AMT

VT Group PLC has confirmed that the boss of its shipbuilding division is in talks about leading the alliance that will build two new aircraft carriers for the Royal Navy. The shipbuilder and support services provider said it had noted speculation that VT Shipbuilding managing director Peter McIntosh is being considered for the post of chief executive of the Alliance Management Team (AMT) for the Ministry of Defense Future Aircraft Carrier (CVF) project. (Source: AFX)


Aker Yards to Build Two More PSVs

Nordcapital Holding in Hamburg, Germany and Aker Yards announced an agreement to build another two Platform Supply Vessels (PSV's) of the type UT 755 LN. The two vessels are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The value of the contract is approximately $45.7m. Including the new orders Nordcapital will receive eight sister vessels altogether from Aker Yards between October 2007 and March 2009


This Day in Naval History - June 17

From the Navy News Service 1833 - USS Delaware enters drydock at Gosport Navy Yard in , , the first warship to enter a public drydock in the . 1870 - USS Mohican burns Mexican pirate ship Forward. 1898 - Corps established. 1940 - Chief of Naval Operations asks Congress for money to build two-ocean Navy.


Keppel to Deliver World's First Converted FLNGV

Photo: Keppel Offshore & Marine

 Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd.  


Vigor Begins Building NYPD Response Boat

(Image: Vigor)

U.S. shipbuilder Vigor said it has begun constructing a fifth 45’ Response Boat - Medium C (RB-M C) for its long-time customer, the New York Police Department (NYPD) Harbor Unit.   The vessel will be fabricated at Vigor Ballard (formerly Kvichak Marine) in the Seattle metro area with


Port Autonome de Papeete Orders Tug for Tahiti

Damen’s local agent, Damien Barrow, Boris Peyterman, Technical Director PAP, George Puchon, CEO PAP and Damen Sales Manager Vincent Maes. (Photo: Damen)

Damen Shipyards said it has won an open tender for the supply of a tug to Port Autonome de Papeete on the Pacific island of Tahiti. Tahiti is part of French Polynesia, an overseas territory of the French Republic. The tug will be Damen’s popular ASD 2810 model, a rugged


Virgina Offshore Wind Project Moves Forward

One of DONG Energys turbines in the U.K. (Photo: DONG Energy)

An offshore wind project in the U.S. mid-Atlantic is moving forward, as project owner Dominion Energy Virginia has signed an agreement and strategic partnership with DONG Energy to build two 6-megawatt turbines 27 miles off the coast of Virginia Beach.  


Singapore LNG Market to Grow at 10.39% Through 2025

Photo: Singapore LNG Corporation Pte Ltd

 The market for LNG in Singapore is projected to grow at a CAGR 10.39% during 2016-2025, due to the push from Singapore government towards adoption of cleaner energy sources, capacity addition of natural gas / LNG based power plants and emergence of Singapore as a regional trading hub for LNG


Vigor to Build 2 More San Francisco Ferries

Photo: Vigor

Vigor said it was awarded the contract to build two additional ferries for WETA (the Water Emergency Transportation Authority) in San Francisco, Calif.   The shipbuilder started constructing the first two WETA ferries in this class in spring 2015, said Tim Kolb


New ATB Builds for Island Tug & Barge

A worker’s torch cuts metal in the raised forecastle that will house the pin rooms. (Photo: Haig-Brown/Cummins)

Over the years Vancouver, BC based Island Tug and Barge (ITB) has refurbished and repowered older vessels and completed new vessels. The company is currently working on its most ambitious and innovative project to date. In its Annacis Island Shipyard


China Launches First Home-built Aircraft Carrier

(Photo: Feng Kaixuan / Ministry of National Defense of the Peoples Republic of China)

China launched its first domestically built aircraft carrier on Wednesday amid rising tension over North Korea and worries about Beijing's assertiveness in the South China Sea.   State media has quoted military experts as saying the carrier


Eimskip Gets Finance Deal for New Container Vessels

Photo: Eimskip

Eimskip has secured 80% financing of the contract price of the vessels with a 15 year tenor in Euros taken upon delivery.    The lender is the German bank KfW IPEX-Bank GmbH. The loan is secured by China Export & Credit Insurance Corporation (Sinosure).  


Matson, Philly Shipyard Mark ‘Aloha Class’ Milestone

Photo: Matson

Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA, and Matson, Inc., a U.S. carrier in the Pacific, today marked a milestone in the construction of the first of two new "Aloha Class" containerships to be delivered to Matson in the third quarter of 2018


Samsung Heavy Bags Order for 2 LNG Carriers

Photo: Samsung Heavy Industries

 South Korea’s Samsung Heavy Industries (SHI) has won a $100 million order to build two liquefied natural gas (LNG) carriers for Korea Line, reports Yohnap.   Korea Gas Corp. (KOGAS) has chartered Korea Line to transport LNG from Tongyeong


Keppel to Build Additional Dredgers for Jan De Nul

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Codralux S.A., a wholly-owned subsidiary of Jan De Nul Group, to build two Trailing Suction Hopper Dredgers (TSHDs)


Plenty Ships Wins Chinese Ferry Order

Photo: CoCo Yachts

CoCo Yachts – Plenty Ships has won an order with Zhuhai Fast Ferry Company to build two aluminum high speed ferries.   Zhuhai Fast Ferry Company has several fast ferries in its fleet, including two CoCo Yachts designed Coastal Cruiser 288


Long Beach Moves Ahead with New Fireboat Stations

(Image: Port of Long Beach)

The Port of Long Beach said it has taken another step toward building two new stations to house fireboats and provide emergency response for one of the nation’s major commercial gateways.   On Monday, Harbor Commissioners approved engineering design services for Fireboat Stations Nos


Wärtsilä Dual-fuel Engines for Tanker Newbuilds

New tankers for Erik Thun AB will feature Wärtsilä propulsion and fuel supply solutions (Image: Wärtsilä)

Wärtsilä said it has been contracted to supply the engines, propellers and fuel supply systems for four new tanker vessels. The ships will run on both liquefied natural gas (LNG) and diesel, and are being built at the Scheepswerf Ferus Smit yard in the Netherlands for Sweden based Erik






 
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