Month: April 2005

Hyundai Mipo Dockyard won an order from Bermuda-based Eships Tankers for five 13,000DWT product chemical tankers at the price of $124 million. All five ships will be delivered by June 2007.

Vizag-based Hindustan Shipyard Limited (HSL), which is struggling financially, is expecting new orders worth more than $240 million in 2005-06. A spokesman for the yard said the yard?s shipbuilding order book was…

Wärtsilä has been awarded an order to supply the 19.7MW power plant for a yacht carrier contracted by the heavy transport specialist Dockwise Shipping BV, based in Breda in the Netherlands.The yacht…

Kvaerner ASA and Overseas Shipholding Group of New York have signed an agreement in principle to bareboat charter ten newly built double-hulled product tankers. Under the agreement, Kvaerner's subsidiary, Kvaerner Philadelphia Shipyard,…

The second of four ro-ro vessels for the Turkish customer U.N Ro-Ro will be named and launched from the building berth at Flensburger Schiffbau. The 193 metre long newbuilding, to be named…

Wuhan Marine Machinery Plant in China will build a crankshaft factory in Qingdao at a cost of $24 million. It will take two years for the project to be completed and will…

The French firm Technip and the Italian firm Saipem are battling for the $1 billion contract to build the FPSO vessel for the huge Akpo deep offshore field off Nigeria. Industry sources…

The Fiji Ships and Heavy Industries Limited shipyard (FSHIL) will be leased out and the slipway upgraded as part of plans to restructure the organisation. Amid calls for the state-owned entity to…

Romanian shipyard Daewoo Mangalia Heavy Industries (DMHI) will sign on Friday a deal worth more than $500 million with German Hamburg Sud to build six 5,200TEU container ships. DMHI is in talks…

A Vietnamese shipbuilding company has won a $17 million contract to build two 8,700 tonne freighters for Tokyo-based Kanematsu Corporation, one of Japan?s leading general trading firms.The Ben Kien Shipyard, based in…