BAE Mobile adds 400 workers [General]
BAE’s Mobile shipyard is taking on 400 extra workers to complete a Jones Act tanker for Mid-Ocean Tanker of Connecticut. The company, which already has 600 staff and another 200 to 250 contractors, will add between 150 and 200 new employees and...
2011-04-11 07:27:07
Two more ships for Colombo [General]
The Colombo Dockyard undertook to handle two LPG carriers which will generate around US$ 1.6 million to the country, Colombo Dockyard Managing Director Mangala Yapa said. The Shipping Corporation of India, owned LPG carriers Nanga Parbat (17,601D...
2011-04-11 07:23:51
Ship loans fell by 1.17% [Finance]
In its annual report on Greek ship financing activity, Petrofin Research said that the first fall in years noticed during 2009 (-8.48%) spilled on through 2010, when the decline was significantly smaller with just 1.17%. Considering the massive r...
2011-04-11 07:20:06
Hyundai completes largest complex plant [General]
South Korea's Hyundai Heavy Industries announced Sunday that it had completed the world's largest gas/thermal complex power plant. The plant, located in Jubail in Saudi Arabia, has a power generation capacity of 2,750MW and a fresh water productio...
2011-04-11 07:12:27
Samsung No.1 for 2nd year [Finance]
Samsung Heavy Industries posted the highest revenue in the shipbuilding and offshore sector last year for the second consecutive year. Daewoo Shipbuilding & Marine Engineering ranked 2nd followed by Hyundai Heavy Industries. Samsung posted KRW ...
2011-04-11 07:01:33
Orders for LNG vessels jump [Offshore]
John Angelicoussis has switched a VLCC berth to an LNG carrier and is hoping to repeat the exercise. John Fredriksen has steamed in with a clutch of newbuildings at reportedly attractive prices and Hoegh LNG has taken a stand by being the first o...
2011-04-11 06:37:22
Gas ship orders pile in [Shipping]
Anthony Veder is said to have declared an option for another 6,500-cbm ethylene carrier at Dinheng Shipyard in China. This is the fourth sistership for Veder at the yard and the price is expected to be the same as for the other three, namely $30m...
2011-04-11 06:27:07
Hyundai wins VLGC pair [Shipbuilding]
Hyundai Heavy Industries is said to be in the process of contracting an order for at least two very large gas carriers (VLGCs) with Solvang. Sources say the ships are due for delivery from the third quarter of 2013 and the deal includes options fo...
2011-04-11 06:23:49
Tsuneishi deliveries to hit highest [Shipbuilding]
Tsuneishi Holdings Corp. expects to build a record number of vessels this year and next in its main shipbuilding business. The company has four major shipyards at home and abroad, including subsidiary Tsuneishi Shipbuilding Co. in Fukuyama, Hirosh...
2011-04-11 06:20:07
India boosts local ship orders [General]
The shipping ministry is keen on promoting shipbuilding in India and is urging more and more public sector companies to place orders with Indian shipyards. K Mohandas, secretary, ministry of shipping, speaking on the sidelines of a conference in M...
2011-04-11 06:15:08
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