A two-way competition is poised to heat up between Hyundai Heavy Industries Co. and Hanwha Group for the acquisition of Daewoo Shipbuilding & Marine Engineering Co., with a final winner likely to be selected next week, watchers said Friday State-run Korea Development Bank, which is arranging the sal
Keppel FELS Limited (Keppel FELS) has delivered the jackup drilling rig, Deep Driller 6, to Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (ASPL) on time and within budget. Deep Driller 6 is the fourth unit to be delivered in a series of five KFELS Super B Class rigs built for Sinvest.
Ship propulsion and power systems to maximize fuel efficiency, reliability Zurich, Switzerland, Oct. 16, 2008 – ABB,the leading power and automation technology group, has won orders worth a total of $75 million to supply propulsion, power-generation and power-distribution systems for several new ves
Panamanian President Martín Torrijos announced the final financing structure for the historic Panama Canal Expansion Program. Five major multilateral agencies from Europe, Asia and Latin America offered to finance the Canal expansion project. The Panama Canal Authority, after months of extensive neg
The Marine Agency of Dubai’s Roads & Transport Authority (RTA) has chosen a Damen Shipyards, Holland, design for the $50 million Ferry Dubai project initially planned to carry three million passengers a year from Dubai Creek to the city’s offshore islands such as Nakheel’s The World and the Palm Tri
Austal has been awarded the 2008 Advanced Manufacturer of the Year at the inaugural AMTIL Advanced Manufacturing Awards, held in Melbourne recently. The Advanced Manufacturing Awards recognise Australian companies that incorporate leading edge practices, technologies and organisational cultures to s
Austal USA’s 127 metre trimaran Littoral Combat Ship, LCS 2 Independence, has been christened in front of over 1000 guests and dignitaries during an official ceremony held at its Mobile, Alabama shipyard. The General Dynamics LCS Team – within which Austal is ship designer and builder – christened t
On Saturday 4 October 2008 Odense Steel Shipyard named its latest newbuilding, a 7,000 TEU container ship, for the A.P. Moller – Maersk Group. Mrs Yumiko Arakawa, married to Mr Shoshi Arakawa, Chairman of the Board, CEO and President, Bridgestone Corporation, honoured A.P. Moller – Maersk and the Ya
Fairstar Heavy Transport (FAIR) has completed the loading of two topside modules this week onto its heavy transport ship Fjord at Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) in Okpo, South Korea, where the two modules have been constructed. Dave Hangoor, Operations Manager for Fairstar,
Ireland-based Liebherr Container Cranes has won an order to deliver two additional super post-panamax quayside gantry cranes to Slovenia. Terminal operator Luka Koper will put the new cranes into service alongside two similar Liebherr units at the port of Koper.
The second of two high speed vehicle-passenger catamarans for Hawaii Superferry has been launched at Austal USA – further strengthening the shipyard’s experience in advanced aluminium vessels over 100 metres in length. The achievement comes just months after Austal USA successfully launched its revo
Two 7,250 dwt multi-purpose-vessels are the latest addition to the orderbook of classification society Germanischer Lloyd. The ships will be built at Ananda Shipyard in Bangladesh for German shipowners Komrowski and Herrmann Lohmann Schiffahrt. Germanischer Lloyd Member of the Executive Board Dr Her
Offshore Energy 2008 Offshore Energy 2008 is the Dutch trade fair with a wide spectrum encompassing the offshore and energy market. On November the 27th 2008, Navingo BV in association with Development Company Holland North is organising the trade fair and seminar Offshore Energy 2008, location; The
Olin J. Stephens, who celebrated his 100th birthday on April 13, 2008, died on 13 September. Stephens was unarguably the most influential yacht designer of the 20th Century and his boats were both fast and undeniably good looking. His first success was with Dorade, followed by what many consider to
