India’s most valuable company, Oil and Natural Gas Corp, said on Wednesday it had no objection to the demerger of the offshore services business of Great Eastern Shipping Co Ltd. “We have cleared it,” ONGC Chairman and Managing Director R S Sharma said. He did not give other details. Shares in Great
CHINA Cosco Holdings Co, owner of China’s second-largest container shipping line, placed a US$516.8 million order for eight new cargo ships, as rising trade boosts demand for sea freight. The vessels, which will each have a capacity of 5,100 standard 20-foot containers, will be delivered between 200
Statoil has awarded Eidesvik Shipping AS the contract for the delivery of a supply ship fuelled by liquefied natural gas (LNG). Running for a period of five years from October 2006, with three one-year options, this contract is worth almost NOK 370 million, including options. This is a Vik Sandvik 4
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As the USA proceeds with its Littoral Combat Ship program, other nations are building less versatile and less expensive craft for littoral warfare and patrol roles. In addition to Sweden’s famed Visby Class corvettes (recently upgraded to a “Visby Plus” configuration – see PDF) and Norway’s smaller
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Going up the Eastern Seaboard the fleet is passing by a continuous display of aviation history. Cape Canaveral and the Kennedy Space Centre have been left to the south, Kitty Hawk, where the Wright Flyer made the first powered flight back in 1903 is to the west, and they have just finished being buz
A ship carrying deck sections for the new Tacoma Narrows bridge hit the old bridge last week because engineers miscalculated the height of the underside of the old bridge, the state’s project manager says. The ship had 16 deck sections stacked 135 feet above the water level. The bridge builders thou
Japan has ordered a destroyer with advanced radar to return early from multinational war games in the Pacific Ocean over concerns about a possible North Korean missile launch, a news report said Thursday. The destroyer is being recalled from exercises with ships from the U.S. and other allies in wat
ESNAAD a wholly owned subsidiary of ADNOC, has become the first Middle East based ship owner to order a vessel of UT-Design from Rolls-Royce. The contract covers the supply of two vessels with full of Rolls-Royce equipment Construction of the UT780 Anchorhandling Tugs (AHTS) has begun in Indonesia f
CHINA Shipbuilding Industry Corp, one of the nation’s two state-run shipbuilding groups, plans to triple its turnover by 2015 when it expands its building capacity to meet rising global demand. The Beijing-based group said yesterday it expects to achieve a turnover of 150 billion yuan (US$18.75 bill
The new model, developed and constructed in the Avigliana shipyards, will be unveiled at the forthcoming Genoa International Boat Show 2006. The new 47′ is the latest stylistic development from Stefano Righini for the Azimut Fly Bridge range, with its characteristic superstructure windows, the skilf
Today Concordia Maritime took delivery of Stena Performance, the forth vessel in the P-MAX series of total eight vessels. The vessel is as previously announced chartered for five years to the American oil company Amerada Hess Corporation. Concordia Maritime is an international tanker shipping compan
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipyard, said it has received a 509 billion won ($531 million) order to build container ships for a customer in Panama. The Seoul-based company will build an unspecified number of container ships and deliver them by April 30,
