Title: MarineDigital Newsletter
SHIP S&P  l  NEW PRODUCT S&P  l  USED PRODUCT S&P  l  SPARE PART S&P  l  PARTNER ALLIANCE
WEEK 13
ISSUE 54, 28th, Mar. 2002
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:: MARITIME NEWS ::
 1. Samho Heavy Industries (Korea) is under final negotiation to contract two 170K dwt bulk carriers with Marmaras Navigation (Greece).
 2. Hyundai Heavy Industries (Korea) received additional order to construct a Cape Size bulk carrier (3rd option) from Golden Union.
 3. Daewoo Shipbuilding (Korea) contracted ten(6+4) 75,000dwt Panamax Tankers with Stelmar Shipping, at worth US$ 1,029 mill.
 4. Ocean Shipping (Georgia) and Schoeller (Germany) plan to re-sale a 35,000dwt product carrier which was constructed by Hyundai Mipo Shipyard (Korea).
 5. Athenian Sea Carrier (Greece) is under negotiation for eight 73000dwt Tankers with Korean Shipyards.
 6. Kawasaki heavy Industries (Japan) contracted a 50,000dwt bulk carrier from Japanese ship owner.
 7. Sanoyas Shipbuilding (Japan) received additional order for a Aframax Tanker from Seaarland (Italy).
 8. Shin Kurushima Dockyard (Japan) contracted two 45,800dwt Product carriers with Norden (Denmark).
 9. Waigaoqiao Shipyard (China) will contract two 175K dwt bulk carriers.
10. Guangzhou Shipbuilding (China) contracted three 38,000dwt Product carriers with Overseas Maritime Carriers (Italy).
11. Halter Marine (USA) contracted two towing vessels with Lockheed Martin Overseas Corp. (Egypt).
12. Total Final Elf and Gaz de France plan to make inroads jointly into LNG new-building.
13. JJ Sietas Shipyard (Germany) contracted two 9600dwt multi-purpose vessels with Hans and Klaus Heinrich (Germany).
14. Sea America (USA) gave up the plan to construct two cruise ships at Ingalls dockyard.
15. FMC Technologies Inc. received an order to supply two SOFEC™ CALM (catenary anchor leg mooring) buoy marine export terminals from Ramseyer & Miller International Inc.
16. The V.Ships Group has formed a new company to develop its involvement in the offshore industry worldwide.
17. Aker Kvaerner was awarded a contract, worth $11 million, to supply advanced drilling and mooring equipment for BP.
18. Dubai Drydock Accident Kills at least 20 
At least 20 people were killed and 150 injured after a floodgate collapsed at Dubai Drydock. According to reports, two panels on a gate collapsed as they were being worked on. The collapse caused a flood combined with large boulders used to anchor the ships, are believed to be the cause a number of deaths.
19. Korea shipyards eye LNG, offshore projects
South Korean shipbuilders plan to make the most of their strength in liquefied natural gas (LNG) carriers and offshore engineering projects to steer through what they expect to be another tough year.
20. Spanish shipyards ordered to repay illegal subsidies
The EU Court of Justice has ordered Spanish shipyards to repay illegal subsidies. The court ruled that GBP68 million in aid Spain gave to ailing state-owned shipyards in 1998 was unjustified and must be repaid with interest. The court ruling came at a difficult time for European shipbuilding, a sector suffering from many uncompetitive yards and stiff competition, especially from South Korea.

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