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ISHIKAWAJIMA-HARIMA HEAVY INDUSTRIES

Japanese Shipyard Expected To Integrate

Three Japanese shipbuilders are expected by the end of the week to sign an agreement to integrate their operations, Reuters reported. According to the report, Kawasaki Heavy Industries Ltd., Ishikawajima-Harima Heavy Industries Co., (IHI) and Mitsui Engineering & Shipbuilding Co Ltd. are set to integrate operations in the general commercial vessel market. The combined annual revenue of the their ship businesses in fiscal 1999 totaled 308.5 billion yen, surpassing the 268.9 billion yen earned by leading Japanese shipbuilder, Mitsubishi Heavy Industries Ltd.


Aker Solutions Removes EPC-LNG From Backlog

The $665m  EPC-LNG contract was awarded to the joint venture (50/50) between Aker Solutions (formerly Aker Kvaerner) and IHI, Inc. (formerly Ishikawajima-Harima Heavy Industries) and announced in a stock exchange release 19 July 2006, pending the issue of a Full Notice to Proceed from Ingleside Energy Corporation. Not having received such a Notice to Proceed effects Aker Solutions' backlog by USD 330 million. As a result


Japanese Yards Form Alliance

Three major Japanese shipbuilders are forming an alliance on commercial vessels and ocean engineering to survive competition with South Korean shipyards. The three firms -- Ishikawajima-Harima Heavy Industries, Kawasaki Heavy Industries Ltd and Mitsui Engineering & Shipbuilding Co Ltd will cooperate on joint procurement of materials and design skills for building commercial vessels, aiming to cut production costs. They will decide in one or two years whether to spin off their divisions for


Japanese Shipbuilders Warned Over Bid Rigging

According to a report from the Kyodo News Service, eight shipbuilders were warned by the government's competition policy watchdog over alleged bid rigging on defense contracts. The Fair Trade Commission (FTC) said it issued the warning over what it deems were acts to unfairly restrict competition for contracts from the Maritime Self-Defense Force (MSDF) concerning the force's fleet between fiscal 1996 and fiscal 1999.


Unithai Shipyard Has Four Vessels Under Repair

Thailand’s Unithai Shipyard & Engineering currently has four vessels undergoing repair - Technomar Shipping’s 33,185 dwt containership Kota Perwira, Ahrenkiel Shipmanagement’s 26,140 dwt bulk carrier Caria, the Almog, a general cargo vessel owned by Dynamic Shipping Services, and the Spar Cetus, a 45,146 dwt bulk carrier from Fleet Management. Unithai Shipyard has another four vessels scheduled to arrive throughout this month (May) - the Stolt Alliance, a 12


Report: S. Korea lags China, Japan in Shipyards

According to reports, South Korea fell behind China and Japan in the number of shipyards ranking in the world's top 50 in terms of order backlogs as of the end of May, although seven South Korean companies were No 1 through No 7, a London-based market research firm said. Fifteen Japanese shipyards and the same number of Chinese companies were included in the world's top 50 list, while only nine South Korean shipyards made it, Clarkson Plc. said.


Japanese Shipbuilding Consolidation Is Imminent

Kawasaki Heavy Industries is said to be considering integrating its shipbuilding business with those of Ishikawajima-Harima Heavy Industries Co. (IHI) and Mitsui Engineering & Shipbuilding Co. A spokesman for Kawasaki Heavy, Japan's second-largest heavy machinery and shipbuilding firm, said it sees such consolidation as one option but no accord has been reached. Business daily Nihon Keizai Shimbun reported on Wednesday that IHI and Kawasaki Heavy had reached a basic agreement to merge their


Wärtsilä Enjoys Good Success With Sulzer RTA84T's On Large Tankers

For the year 2000, Wärtsilä Corporation reports that 24 Sulzer RTA84T low-speed diesel engines with an aggregate power output of 713.4 MW (970,800 bhp) have been ordered for installation in very large tankers contracted at shipyards in China, Japan and South Korea. The engines will all be built by licensees of Wärtsilä in Japan and Korea. Altogether there are now 78 Sulzer RTA84T engines (including the -B and -D versions) delivered or on order, with a combined output of 2171.9 MW (2


OPK, Hyundai Heavy Industries Ink Shipbuilding Pact

On July 14, 2009, Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI) signed a cooperation agreement in the field of shipbuilding.  The main purpose of this agreement is to establish a cooperation which will include the mutual developing of shipbuilding projects, equipments and the designing of vessels.


Offshore Shipbuilding Demand Prompts HHI Design Expansion

Hyundai Heavy Industries plans to establish a new ship design subsidiary early next year by expanding its Mipo Engineering Co, reports Yonhap News Agency. Hyundai Heavy Industries plans to establish a new ship design subsidiary early next year by expanding its Mipo Engineering Co, reports Yonhap. Growing demands for high-end ships such as drill ships and offshore plants prodded Hyundai Heavy to set up the new company, the shipbuilder informed Yonhap.


MHI to Change Name of Group Company

Logo

  Effective November 1 Mitsubishi Heavy Industries, Ltd. (MHI) will change the name of its group company in Singapore from Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES) to Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP)


Partners Deliver Modular Floating Tidal Energy Platform

rendering of the platform, courtesy of Damen

A group of offshore companies, including Bluewater, Damen and Van Oord among others, has partnered for a floating tidal energy platform a project to generate clean electricity, marking the first time that a floating tidal platform is used for electricity production into the Dutch grid.


Experimental Floating Wind Farm Nears Installation

Towing the three-column semi-sub at Nagasaki port

Launched in March 2012, the Fukushima experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry is nearing the installation phase as preparatory works for the installation of the 7MW oil pressure drive-type wind turbine on the three-column semi-sub


Hyundai Heavy Plummets to Worse Loss Ever

A HHI-built LNG Carrier. (Source: HHI)

South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders.


ClassNK Certifies Ship with Air Lubrication System

Photo: MHI

ClassNK has completed the EEDI appraisal of Harvest Frost, the world’s first post-panamax bulk carrier fitted with the Mitsubishi Air Lubrication System (MALS). The Harvest Frost was constructed by Oshima Shipbuilding Co., Ltd. for ADM Harvest Shipping in accordance to ClassNK rules and


BigLift Shipping Christens New Flagship

Happy Star (Photo: BigLift Shipping)

BigLift Shipping today celebrated the naming of its new heavy lift vessel, Happy Star, at a ceremony held at Huisman China’s yard in Xiamenand. The christening was performed by Leanda Breakell, spouse of Greg Breakell, Managing Director of ThyssenKrupp Industrial Solutions (Australia) Pty Ltd


Deck Crane with Synchronized Control Functions by MHI

Deck crane with synchronized control functions

Mitsubishi Heavy Industries, Ltd. (MHI) has completed delivery of the first three units of a 50-ton deck crane featuring a newly-developed synchronized control system, for a long-cargo transport ship constructed by Shin Kurushima Dockyard Co., Ltd


Canada Should Use Polar Code to Stand on Guard for Communities

Koji Sekimizu (left), the secretary-general of the International Maritime Organization and Arsenio Dominguez of Panama, chair of the gathering, at a meeting of the IMO’s Marine Environment Protection Committee in London hel

Commentary by Paul Crowley For northern communities and economies, the expected growth of Arctic shipping has the potential to bring new jobs and industries, lower cost of living, and new infrastructure and investment. But with these exciting opportunities come certain risks that must be


ISS Manages Heavy-lift Project at Port of Mombasa

Photo courtesy of ISS

Inchcape Shipping Services (ISS) announced it has completed another complex heavy-lift project in Africa, this time at the Port of Mombasa in Kenya. ISS was appointed as port and discharging agents for the COSCO-owned MV DADE, which arrived at the port in September 2014 with seven RTG cranes


Mitsubishi: First-Ever Licensing Deal to Chinese for Marine Propellers

The signing ceremony.

Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI),  concluded a licensing agreement with Changzhou Zhonghai Marine Propeller Co., Ltd. (CZZH) under which MHI-MME provides CZZH the manufacturing and


Corvus Gains Support from WINN Initiative

Corvus Energy announced today the award of $1.3 million in repayable assistance from the Western Innovation (WINN) Initiative for its project to further develop the Corvus Energy Storage System. The Corvus Energy system provides industrial scale energy storage to enable customers to power or


GeoSea acquires HOCHTIEF Offshore Assets

HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea

DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea


Suncor Crude Tanker to Resume Journey from Quebec to Gulf Coast

A tanker chartered by Canada's Suncor Energy Inc to ship oil sands crude from Quebec to the U.S. Gulf Coast was expected to receive replacement parts on Friday, enabling it to resume its journey, a Transport Canada spokeswoman said. The aframax tanker Genmar Daphne will be the second tanker of


GTT Receives Order from HHI for Two LNGCs

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG) confirmed an order for two large LNGCs Liquefied Natural Gas Carriers (LNGCs), which are in the third quarter 2014 order book


Wärtsilä to Supply Gas Handling Systems for VLEC Newbuilds

Illustration of a very large ethane carrier. (courtesy of Wärtsilä)

Six new 87,000 cubic meters capacity very large ethane carriers (VLECs), being built at the Samsung Heavy Industries yard in South Korea, will feature Wärtsilä gas handling systems. The contract, which includes an option for additional vessels within this series, was signed in September






 
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