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CHEM CARRIERS

Mitsubishi Engines for Chem Carrier

lab-pic-18734h_web.jpg

Chem Carriers, the Sunshine, Louisiana-based cargo carrier, once again chose Mitsubishi engines for its new M/V Dorella Banta. The 70 ft x 28 ft x 10 ft, 131-ton towboat was built by Rodriguez Boat Builders.  The twin engines, supplied by Laborde, are Mitsubishi S12A2 series rated at 850 hp at 1,940 rpm.  The 12-cylinder, 34-liter engines are EPA compliant.  The vessel is equipped with 7:1 reduction gears, allowing the engines to turn 75 inch x 73 inch four-blade stainless steel propellers in a 76 inch Type 19A Kort Nozzel. Founded in 1994, Chem Carriers operates 27 barges and 6 towboats carrying chemicals such as caustic soda.  For more than 25 years, Laborde Products has served the Gulf Coast region by distributing Mitsubishi, Yanmar and Hatz diesel engines, as well as FPT/Iveco gensets.  The company packages its own diesel-powered generators, pumps, pressure washers and other custom diesel equipment. (www.labordeproducts.com)


Hyundai Mipo Gets Chem Carrier Contract

Hyundai Mipo Dockyard reportedly won a $60 million order to build two chemical carriers. Following this announcement, the builder's orders to build and repair vessels so far this year to $980 million. - (Reuters)


Astilleros Espanoles Delivers Innovative Chem Carriers

Astilleros Españoles Sestao and Juliana yards have delivered the first two vessels of an inventive series of six stainless steel product/chemical carriers, Stolt Sea and Stolt Sun, both of which have joined the fleet of Stolt Parcel Tankers - the world's largest operator of its kind. One of the most outstanding features of the series of ships are their capability of simultaneously carrying a wide variety of cargoes. Made possible by an extremely compartmentalized cargo arrangement


New & Notables

Bahamas Receives New RoPax Service Ten years ago, a RoRo passenger service called Sealink, commenced in the Bahamas — operating from Nassau to port of Governor's Harbor on the adjacent island of Eleuthera. The vessel that performed this service was an aging 14-knot Greek ferry, which established a solid market within the RoRo sector. Despite its healthy growth spurt, the venture ceased in 1993 resulting from rising repair costs and maintenance, specifically in the machinery department


Odfjell JV Contracts New Chem Tanker

Odfjell's 49% owned joint venture company Odfjell Dong Zhan Shipping (Shanghai) Co. Ltd, has signed a contract for the building of a 8 200 dwt chemical tanker. The ship is a fully coated IMO II type carrier that will be built in China by Zhoushan Penglai Shipbuilding and Repairing Co. The construction of the ship has already started, and delivery is scheduled for late November 2008. Odfjell will be directly involved in the building process and inspection at the building site


Container Lines Achieve Record Score

Container lines achieved a record high on-time service reliability performance, according to Drewry Container Shipper Insight’s latest quarterly schedule monitoring survey, just published. Out of nearly 1,700 ships tracked in the three months between 1 April to 30 June, 69% arrived either on the scheduled day of arrival or a day prior, the best result since Drewry began its schedule reliability survey at the end of 2005.


China Shipping Devt Orders Dry Bulk Carriers, VLOC

China Shipping Development Ltd said it will pay more than $800m for 10 dry bulk carriers and four very large ore carriers. It said the dry bulk carriers were ordered from subsidiaries of its parent, China Shipping (Group) Co. Six carriers of 57,300 dead weight tons and four of 57,000 DWT will be delivered by June 2012 at the latest, the company said. They will be used to transport coal and other bulk cargo. The purchase is subject to approval by independent shareholders of China


COSCO Deliver Two China-built Bulk Carriers

Bulk Carrier Sicilian Express: Photo credit Vroon

COSCO Corporation (Singapore) subsidiary shipyards in China deliver bulk carriers to two European buyers. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92,500 dwt, Sicilian Express, a post-panamax bulk carrier and the last in a series of four bulk carriers being built for Vroon at this shipyard. The ship measures 229.17 meters in LOA, 38.01 meters in breadth and 20.7 meters in depth. Secondly COSCO (Guangdong) Shipyard has delivered a bulk carrier of 57,000 dwt


G.E. Shipping delivers “Jag Padma” to buyers

GE Shipping

  The Great Eastern Shipping Company Ltd. (G E Shipping) today announced having delivered its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt) to the buyers. With the delivery of this vessel, the Company’s current fleet stands at 29 vessels, comprising 21 tankers (8 crude carriers, 12 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.8 years aggregating 2.37 mn dwt.


G E Shipping Contracts to Sell a VLGC

Visual from GE Shipping

  The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Vidhi”, a Very Large Gas Carrier. The 1990 built vessel of about 49,701 dwt will be delivered to the buyers in the second half of 2014-15. On 21st May this year the company had delivered its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt) to the buyers. Excluding “Jag Vidhi”, the Company’s fleet stands at 28 vessels


Containership Reliability Reaches New High

Photo: Maersk Line

Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight , the online schedule reliability tool provided by Drewry


CSD, Cosco JV to Buy Vale's Bulk Carriers

Ma Zehua (Chairman of Cosco Group),  Xu Lirong (Chairman of China Shipping Group) Murilo Ferreira (President&CEO of Vale) and Gurinder Singh(Director of Shipping & Distribution of Vale) attended the Signing Ceremony and signed the agreement on behalf of each party. Photo by Cosco

 China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them.   CSD and Cosco’s bulk shipping division Cosco Bulk Shipping holds 49% and 51% equity


HMC Helps Fine-tune Damen Offshore Carrier

Damen Offshore Carrier (Image: HMC)

Damen Shipyards has presented a new shipping concept to the market: the Damen Offshore Carrier (DOC) is specifically designed as a smaller heavy transport vessel suitable for offshore installations.   In cooperation with Damen, independent engineering and consultancy organization HMC


Carrier Schedule Reliability Improves in April

Graph: Drewry Shipping Consultants Limited

 Transport consultant Drewry’s Carrier Performance Insight (CPI) for April records 67.6%, up by 4.1 percentage improvement on the previous month in the aggregate reliability of ships on the main Asia-Europe, transpacific and transatlantic trades.  


LNG Carrier for Osaka Gas Named LNG Mars

The LNG Venus, a sister ship to the LNG Mars

  Mitsui O.S.K. Lines, Ltd. today announced that the naming ceremony for a newbuilding LNG carrier for Osaka Gas Co., Ltd. was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. The vessel was ordered by MOL and Osaka Gas International Transport, Inc


Dynagas LNG Beats Profit Forecasts, May Add Five More LNG Tankers

Photo credit:  Dynagas LNG Partners LP

 With earnings, adjusted for amortization costs, profits came to 43 cents per share, Greece-based Dynagas LNG Partners LP (DLNG) exceeded Wall Street expectations.   The company is looking into the opportunity of acquiring five LNG carriers currently owned by the parent company Dynagas


USN Successfully Tests Electromagnetic Catapult on CVN 78

The aircraft carrier Pre-Commissioning Unit Gerald R. Ford (CVN 78) transits the James River during the ships launch and transit to Newport News Shipyard pier three for the final stages of construction and testing.

  The Navy conducted the first-ever, shipboard, full-speed catapult shots using the Electromagnetic Aircraft Launch System (EMALS) aboard the aircraft carrier Pre-Commissioning Unit (PCU) Gerald R. Ford (CVN 78), Naval Sea Systems Command announced May 15.


Mistral Deal - A Storm Brewing at Sea

Mistral helicopter carriers. Pic by Defence Market Intelligence

 While France is seeking a way to cancel its contract to deliver two helicopter carriers to the Russian navy, Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for nixing the deal.   President Francois Hollande is under pressure from Western allies to scrap


U.S. Coast Guard Holds Carrier for Violations

Image: U.S. Coast Guard

The U.S. Coast Guard detained the Ikan Sudip, a Panamanian-flagged 600-foot bulk carrier, after discovering significant environmental and safety violations during an inspection in Astoria.   The violations included a failure to use engineering procedures required by U.S


STX Bags Order for Eight LR1 Tankers

LR1 tanker. Image by STX Offshore & Shipbuilding

 South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) has won an order for up to eight LR1 tankers with a total value of $ 375 million.    The contract provides for the construction of four oil tankers of 74,000 tons plus the ability to build four additional ships


Indian Prime Minister Visits HHI

Indian Prime Minister Narendra Modi at HHI (Photo: HHI)

Indian prime minister Narendra Modi visited Korean shipbuilder Hyundai Heavy Industries (HHI), seeking increased partnership between the India’s shipbuilding industry and HHI.   HHI is reportedly the only Korean company the prime minister visits during his two-day stay in the country


Vale to Sell 4 Large Iron Ore Carriers to CMES

Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES) , as it looks to raise cash in the midst of an iron ore price slump.   The world's largest producer of iron ore said in a statement the details of the contract


Final LNG-proof Tug Delivered to Smit Lamnalco

SL Curtis Island (Photo: Smit Lamnalco)

Smit Lamnalco takes delivery of last Sanmar LNG proof tug of five-vessel series   Towage and marine services provider Smit Lamnalco has taken delivery of the SL Wiggins Island, the fifth and final tug purpose-built at Sanmar Shipyard in Turkey


Vale Concludes Sale of VLOCs to Cosco

Vale Brasil. Photo by Vale

 Brazilian miner Vale has completed the sale of four other large iron ore carriers to China Ocean Shipping Company (Cosco), which was agreed last September.    This transaction is related to the agreement signed with Cosco on September 12, 2014.  


Bazil's Vale, China's CMES Sign VLOCs Agreement

MS Vale Brasil. Photo: Vale

 Brazilian mining giant Vale and the China Merchants Group (CMES) signed an expanded framework deal for strategic co-operation on iron ore shipments. Vale has agreed to sell four large iron-ore carriers to CMES.   The world's largest producer of iron ore said in a statement the details






 
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