Two Croatian yards find new owner [Finance]
Tour operator Jadranska Ulaganja is set to become the new owner of two Croatian shipyards. The Zagreb-based company has been selected by the government to take over the loss-making 3. Maj and Kraljevica plants, the cabinet said. Jadranska off...
2011-02-14 07:21:54
Fred Olsen orders wind farm crewboats [Offshore]
Norwegian shipbuilder Batservice Mandal has won an order for four crewboats from compatriot Fred Olsen group as the owner bolsters its wind farm operations. The Fred Olsen Windcarrier unit has signed up with Batservice Mandal for the ships, which ...
2011-02-14 07:17:43
Danish wins ferry [Shipbuilding]
Denmark’s Hvide Sande Skibs- & Baadebyggeri has won a new order to build a double-ended ferry. The new DKK 32.9m ($5.96m) ship will be delivered in mid-2012 for the Feggesund service in Limfjord. The capacity is 75 passengers and 15 cars. T...
2011-02-14 07:13:26
Swifships wins patrol ships [Offshore]
US shipyard Swifships Shipbuilders has clinched a $20.2m contract tied to the construction of coastal patrol crafts for the Egyptian Navy. The US Navy says the Morgan City, Louisiana-based shipbuilder will detail, design and construct four 28-met...
2011-02-14 07:09:08
Keppel wins FPSO orders [Offshore]
Singapore's Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, announced that it had secured two contracts totalling R$500 million (approx. S$381.4 million) for Floating Production storage and Offloading (FPSO) unit...
2011-02-14 07:03:31
Atlantico clinches seven drillships [Offshore]
Brazil's energy giant Petrobras has signed a $4.6bn contract to build seven drillships at the country’s largest shipyard, Estaleiro Atlantico Sul. The seven drillships will be owned by a newly formed entity, Sete Brazil, controlled by the state-...
2011-02-14 06:56:00
Meyer Werft inks cruiseships [Shipbuilding]
Germany's Meyer Werft has signed a letter of intent with Royal Caribbean Cruises to build up to two new generation cruiseships. New York-listed RCCL says the order calls for the first 158,000-dwt vessel to be delivered in the fall of 2014 with an...
2011-02-14 06:50:27
Hanjin to accept last voluntary resignation [Equipment]
Korea's Hanjin Heavy Industries & Construction has revealed that the company will receive the last applications for voluntary resignation by the morning of 14th February without changing the condition for voluntary retirees to pay up to 22 months-wor...
2011-02-14 06:29:40
Samkang M&T turns positive [Finance]
Korea's largest ship-blocks and thick-steel maker, Samkang M&T, has successfully made a turnaround. According to the latest company's public announcement, both sales and operating profit have increased versus the previous year by 57% and 190% to ...
2011-02-14 06:27:26
Hyundai reduces accidents by 40% [General]
Korea's Hyundai Heavy Industries saw an around 40% decrease in accident rate last year compared with the previous year, attaining two fold achievement of non-disaster of 13.6m hours. Hyundai's accident rate, which indicates probability of acciden...
2011-02-14 06:24:01
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