Queensland Nickel Group (QN) subsidiary Asia Pacific Shipping Enterprises (APSE) orders four 64,000 dwt ultramax bulk carriers. The contract has been signed with the Foreign Economic and Technical Cooperation Company of China, Chanjiang National Shipping Group and the China Changjiang National Shipping Group Corporation Jinling Shipyard. “The four vessels, for the use of QN, will be built at the China Changjiang National Shipping Group Corporation Jinling Shipyard, and we anticipate receiving delivery between February and June 2014,” said QN Managing Director Phil Collins. “This investment to operate our own shipping service will provide our business with long term cost control of our ore freight activities and allow us to utilise the vessels to export other bulk commodities from our diversified group of companies in the years ahead.” Subject to an agreement between APSE and QN, the vessels will primarily be used for the transportation of nickel ore from New Caledonia, Indonesia, and the Philippines to Townsville for processing and refining at the Palmer Nickel and Cobalt Refinery. The vessels may also be used to carry coal, iron ore, or other bulk materials. The two hundred meter long vessels will be operated by Singapore-based APSE.
Australian businessman and owner of Blue Star Cruise Line, Professor Clive Palmer, hosted the black-tie event aboard the retired 'USS Intrepid'. The organizers say that the event was attended by a who’s who of world leaders, senior diplomats and major political figures, who were treated to a lavish 11-course menu, first class entertainment and the unveiling of Titanic II blueprints. Singer/songwriter Roxy Darr's rendition of the song 'My Heart Will Go On'
Recent years have witnessed a number of programs involving new series of versatile, omni-purpose ships targeted at the market for project cargoes and otherwise heavy or outsized items of freight. The multiple-vessel nature of the various fleet investment initiatives has meant that a capability for handling more difficult consignments is increasingly allied with a regular, scheduled service pattern or transportation system, rather than with a purely tramping function
Increased activity in the dry bulk carrier shipbuilding market is reported in the latest Clarkson Hellas Weekly S+P Bulletin, and in all sectors the shipbuilders are in China. Dry bulkers Grieg Shipping have added to their existing orders at Dayang, with two further units of Ultramaxes, due for delivery within September and December 2015, this takes their order at that yard to four ships. Wah Kwong Shipping have now also placed order at Chengxi Shipyard for four 64
Container ship newbuildings figure most active in the latest weekly news from Clarkson Hellas, with the majority of orders placed with China and Korea shipbuilders. Dry bulk carriers Clients of Diana Shipping reports Clarkson Hellas in its Weekly Bulletin have announced a further order for one 82,000 DWT Kamsarmax at Sinopacific’s Dayang facility. Based on the Sinopacific MHI 82 design, the vessel is planned for delivery in the second quarter of 2016.
A relatively active past week in the dry bulk newbuilding market is noted by Clarkson Hellas in their S&P Weekly Bulletin. Dry bulk carriers Oldendorff Carriers have contracted two firm plus two option 208,000 DWT Newcastlemax at Hantong Shipyard, with delivery of all four vessels in 2016. Oldendorff have also declared one further option at Jiangsu New Yangzijiang and two options at Taizhou CATIC all for 208,000 DWT Newcastlemax and delivering in 2016.
In 2005, Robert Allan Ltd will celebrate its 75th year of continuous business as a firm of Consulting Naval Architects. From its base in Vancouver, the company serves the international marine community with a wide range of specialized workboat designs, as it has done since its inception, through three generations of family ownership. The company has experienced considerable growth in the past decade, and currently has more than 30 vessels to its designs under construction around the world
Wärtsilä Corporation has received a contract to supply the complete power systems for two 14,000 tdw product/chemical tankers under construction for the Finnish energy group Fortum. The two tankers have been contracted at the Portuguese shipbuilder Estaleiros Navais de Viana do Castelo, with delivery due in 2003. With a cargo capacity of 16,000 cu m, they are of 140 m length overall by 21.7 m breadth, and have a service speed of 16 knots. They are also being built to ice class 1A Super.
The enthusiasm, dedication and passion for ship building have helped ABG Shipyard Ltd remain in the forefront. Speaking to Maritime Reporter & Engineering News, Major Arun Phatak (right) points out that it is more important to be a responsible shipbuilder demonstrating with solid results rather than empty talk. Unruffled by the slump in shipping freight rates, ABG Shipyard Ltd., the largest private shipbuilder in the country, has persisted on a high-growth trajectory
The past week was a relatively quiet one in the world's deep-sea shipbuilding market, reports Clarkson Hellas S&P in its latest 'Weekly Bulletin'. Dry bulk carriers Santoku Senpaku are understood by Clarkson Hellas to have declared two further options for 81,500 dwt Kamsarmax at Tsuneishi Zhoushan, taking the total series to five firm vessels. Delivery of the latest orders is planned for the later part of 2016 and into early 2017. Gas carriers
Zamakona Yards informs its Astilleros Zamakona shipyard will deliver new build EuskadiI Alai, the third tuna freezer vessel ordered by the Echebastar Group to the Bermeo Group Echebastar on Saturday at the maritime cruise station in Getxo, Port of Bilbao.
Shipping group CMA CGM has taken delivery of the newbuild box ship CMA CGM Vasco de Gama [sic] on July 27. Built by China State Shipbuilding Corporation (CSSC), the 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, is the largest ship in the CMA CGM fleet and the largest
Struggling with technology and a plunge in oil prices that has discouraged exploration, Korean vessel makers are racking up debt and could show billions of dollars in losses, reports Bloomberg. The Big Three shipbuilders in South Korea ventured into offshore oil rigs starting around
Abu Dhabi Petroleum Ports Operating Company (IRSHAD), a part of the ADNOC Group of Companies, has taken delivery of a Damen Shoalbuster 2308, named Al Marfa 1. During a ceremony at Damen Shipyards Hardinxveld, the Netherlands, the company received the new vessel 3 weeks ahead of schedule
Cosco Corporation has warned investors of an expected net loss for the second quarter ended 30 June 2015, as against a profit in the previous corresponding period. The company said the loss is mainly due to the low crude oil prices over recent months which have had an adverse impact
BugsierReedereican look back on a history that spans over a century. The company, with the largest tug fleet under German flag,will celebrate their 150th anniversary in 2016, and will also mark the delivery of the newly purchased Damen ASD 2411
The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines. Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million
Debt-laden Bharati Shipyard Ltd on Tuesday said it has filed a reference with the Board for Industrial and Financial Reconstruction (BIFR), since it has become a sick company after eroding its entire net worth. "The Company's Net Worth as on March 31
Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works. The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of United Kingdom-based Golar LNG will become
Damen Shipyards Cape Town (DSCT) is currently building a Damen ATD 2909 Tug named Inyathi – Buffalo in English – to be delivered to the South African Navy in January 2016. Now in the production phase, this is the second tug the SA Navy has ordered from DSCT
Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius, a 61
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have planned to reorganize their their Nagasaki Shipyard & Machinery Works and Nagasaki Works respectively. The coordinated decisions are aimed at further strengthening global competitiveness
Layoffs at Newport News Shipbuilding could top 1,500 from now through 2016 as the company copes with a temporary drop in work, the company president told employees this week. In a letter to the workforce, President Matt Mulherin said layoffs will exceed 500 people this year
Turkish shipyard Alia Yachts has launched the 41.29 metre full-displacement motor yacht Rüya. She is a tri-deck sub-500 gross tonne motoryacht that was built in all-composite to Lloyds Register standards and adheres to LY2 and MCA.
Yesterday senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group who gathered at Damen Shipyards Galati, Romania witnessed the launching of subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service and is built to