The bankruptcy trustee that manages the Davie Industries announced yesterday the sale of the shipyard to Norway’s Teco Management. Thibalult, Van Houtte and Associates said the transaction will be completed the end of June “even though certain conditions are still the object of negotiations.” The co
South Korea’s Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries, said yesterday they had won orders to build liquefied natural gas (LNG) carriers for Qatar. Daewoo said it had won a new order worth $690 million from the Qatar Gas Transport Company to build three LNG carriers.
Aker Yards and Damen Shipyards Group are planning to establish a joint venture owning the Damen Shipyards Okean yard in Mykolayiv, Ukraine. The plans will contribute to an increased steel- and shipbuilding capacity of Aker Yards. The Okean yard is able to build a variety of vessels, steel sections f
Construction of the second of a pair of twin bulk carriers for a Taiwan-based shipping company was completed yesterday in Shanghai’s Waigaoqiao shipyard. The new ship, which at 175,000 tons is the biggest of its kind in the world, was built by Shanghai Waigaoqiao Shipbuilding Co Ltd in just 10 month
A luxury cruise ship has returned to port a day early after 200 passengers were struck down with a vomiting virus. The Sea Princess sailed to Southampton, missing out the intended destination of Lisbon, to allow extra time to disinfect the ship. A 30% refund has been offered to the 2,258 passengers
Friday at 1630GMT (1730 local time), from a start line just off Southsea castle, six Volvo 70s will start on the penultimate leg of the 2005-2006 Volvo Ocean Race to Rotterdam. The course takes the boats from Southsea towards Cowes and through a non-scoring gate just to the east of the Mecca of yach
Shanghai Waigaoqiao Shipbuilding Co Ltd, China’s largest shipyard in terms of output, delivered a cargo vessel, the China Progress, to Taiwan-based Chinese Maritime Transport Ltd in Shanghai yesterday. The 289-meter ship, named by two girls from both sides of the straits, can hold 175,000-ton cargos
Engineering, Inc., a leading developer of NEi Nastran finite element analysis (FEA) software announced a collaborative effort with ShipConstructor Software (www.ShipConstructor.com), a developer of 3D product modeling software for the maritime industry, to develop a program that will solve a major p
The bankruptcy trustee that manages the Davie Industries announced Thursday the sale of the shipyard to Norway’s Teco Management. Thibalult, Van Houtte and Associates said the transaction will be completed the end of June “even though certain conditions are still the object of negotiations.” The com
Russia has started dredging at a Syrian port where it maintains a logistical supply point with a possible eye to turning it into a full-fledged naval base, a respected Russian business daily said Friday. Tartus, the second most important Syrian port on the Mediterranean, could be transformed into a
Three sailing yachts, ranging from 88 to 107 feet are for sale with immediate delivery. The Wallys currently on the market include the 107 footer Wally B, the 94 footer Y3K, and the 88 footer Tiketitoo. While those who are planning a charter on a sailing yacht, three Wallys are available in the Medi
ODIM AS has secured two contracts today worth some NOK 34 million in all for the delivery of various automated handling systems to offshore supply ships. ODIM`s own automated bulkhose connection system ABCS), which ensures secure transfer of liquids and cargo from supply ships to offshore installati
A Turkish sailor has been killed and five more are missing after two ships collided in the Aegean Sea south of the Greek capital, Athens. Seven more sailors were rescued from the water after a Turkish-operated cargo ship hit a Greek tanker. A rescue operation involving helicopters and navy ships is
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