Marine link
 

KAWASAKI HEAVY INDUSTRIES

Japan's KHI to Spin Off Shipbuilding

The Kyodo news service has reported that Kawasaki Heavy Industries Ltd. of Japan will spin off its shipbuilding division on Oct. 1 into a new wholly owned subsidiary. The new subsidiary will reportedly be known as Kawasaki Shipbuilding Corp., and will specialize in the manufacture of ships and related equipment, Kawasaki Heavy said in a release. The spinoff is designed to create an efficient corporate structure that will enable the shipbuilding arm to cope with the global shipbuilding industry's oversupply and operate profitably in the long term by giving its managers greater leeway in running it, Kawasaki Heavy said. The new firm will concentrate business resources on high value-added products such as submarines, liquefied natural gas carriers and liquefied petroleum gas carriers, it said. The firm has the Defense Agency among its major customers. The new subsidiary will take over 1,750 of Kawasaki Heavy's 14,067 employees. It will be located in Kobe, the same location as the parent firm.


Japanese Majors Confirm Merger Talk

Kawasaki Heavy Industries Ltd. said that it, Ishikawajima-Harima Heavy Industries (IHI) and Mitsui Engineering & Shipbuilding (MES) have started talks on a possible alliance in the shipbuilding business. "We have just started negotiations so we have not decided any concrete plans yet. We do not know yet what kind of alliance we can make," a Kawasaki spokesman said. It is reported that the firms will seek an initial alliance in orders, design and materials procurement


MAN B&W Diesel and Kawasaki Heavy Industries Sign Order

Kawasaki will build two more MAN B&W Diesel 7S50MC-C two-stroke main engines for Norway. These engines are destined to power two 43,000 dwt chemical tankers built by the Kleven Florø yard for Stolt Nielsen. The engines will be delivered in February and August 2007 respectively. The yard order includes a complete propulsion package from MAN B&W Diesel. This consists of the MAN B&W Diesel 7S50MC-C two-stroke main engines, MAN B&W Diesel VBS1560-ODS controlable pitch propellers


Japanese Shipbuilding Giants Cut Their Losses

Japan's Kawasaki Heavy Industries Ltd. and Ishikawajima-Harima Heavy Industries Co. Ltd (IHI) said on Tuesday they would integrate their loss-making shipbuilding divisions in October 2002. News of the alliance was welcomed by investors, who sent shares in Kawasaki Heavy up five percent to 168 yen while IHI closed at 272 yen, gaining 7.5 percent. The alliance of Japan's second- and third-biggest heavy machinery and ship makers, intended to bring them back to profitability


Japan Shipbuilding Contracts Soar

Ship export contracts concluded by Japanese shipyards in December surged 148.2 percent from a year earlier to 1,657,340 grt or 29 vessels, the Japan Ship Exporters' Association said. Orders consisted of 15 oil tankers, 13 bulk carriers and one freighter, it said. The statistics cover orders received by association members for steel vessels of at least 500 grt. For the whole of calendar 2000, ship export contracts rose to 14,561,340 grt or 301 vessels, up 66


Kawasaki Inaugurates Gulf Of Mexico Service

Kawasaki Heavy Industries has expanded with the addition of a new service center to its worldwide network for marine machinery. Established in the New Orleans area to support Kawasaki's marine propulsion systems, the new operation is end result of an agreement with AmClyde Engineered Products Company - to utilize AmClyde's parts and service center in Covington, La. Kawasaki supplied a set of four propulsion thrusters for Tidewater's ROV support vessel Nautical Tide


Mitsui To Post Special Loss of $126M

Mitsui Engineering & Shipbuilding Co. Ltd. will post a special loss of $126 million in the first half of 1999-2000 due to restructuring costs. At the same time, the company said it would also post a $26 million extraordinary profit in the half year to Sept. 30 on sales of part of its real-estate holdings and security of properties of a former warehouse in Osaka. Company officials said last month that it and Kawasaki Heavy Industries Ltd


ONGC Awards Offshore Order to L&T

Oil & Natural Gas Corporation (ONGC) has awarded a project order with Larsen & Toubro Ltd (L&T) for the NQ re-construction (NQRC) Project in Mumbai High North fields, according to Domain-b. According to the report, this project is the largest brownfield project of its kind awarded in the offshore oil and gas sector in India. The NQ Complex, one of the oldest assets owned by ONGC, has been operational since 1985.


MOL, Gulf LPG Transport Start VLGC Pool

MOLtable_web.jpg

Mitsui O.S.K. Lines, Ltd. (MOL) announced on Jan. 27, the formation of a very large gas carrier (VLGC) pool called LPG Global Transport, along with Gulf LPG Transport Company W.L.L. of Qatar (Gulf LPG). The pool will begin operations immediately. Gulf LPG Transport Company W.L.L. is a limited liability joint venture company established by Qatar Gas Transport Company (Nakilat) and Qatar Shipping Company. MOL and Gulf LPG have jointly incorporated LPG Global Transport Management Inc


No Hands ISR Project Involves US/Japan Firms

Stiletto ISR: Photo credit MSHIP

MSHIP Co., a San Diego naval design firm joins with Uemura Seisakusyo Co., Ltd. of Japan on the project. MSHIP has designed the next generation high-speed military platform — Stiletto ISR (Intelligence, Surveillance and Reconnaissance) — which will focus on future warfare with extensive use of unmanned systems. The Stiletto ISR, a mothership for unmanned systems, will offer easy launch, support and retrieval of unmanned vehicles


Mitsui Procuring 8 LNG Vessels

Ships to be used for the delivery of LNG mainly to its customers in Japan from the Cameron LNG Export Project in the U.S

  President and CEO, Masami Iijima of Mitsui & Co., Ltd. informed that the compnay is currently proceeding with the procurement of eight LNG ships intended to be used for the delivery of LNG mainly to its customers in Japan from the Cameron LNG Export Project in the U.S.A.


'I Dig Long Beach' - Tree Planting Project

Port of Long Beachs Neighborhoods Welcoming Port Trees

  The “I Dig Long Beach” tree-planting project funded by a Port of Long Beach grant is doing more than greening neighborhoods and building community pride – it’s also providing a chance for local businesses to participate.


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.


Order Placed for First Gas-Powered Car Carriers

Artists Depiction: courtesy MAN

Dual-fuel ME-GI engine adds important reference to growing list. United European Car Carriers (UECC) has signed a contract for the construction of two LNG-powered Pure Car/Truck Carriers (PCTCs). A single MAN B&W 8S50ME-GI dual-fuel engine will power each newbuilding.  


ABB Wins US$20-Million in Offshore Vessel Orders

Ulstein SX165: Image credit ABB

Power and automation technology group, ABB, says it has won contracts worth in excess of $20 million to supply electrical power and propulsion systems for two next generation offshore vessels. First Order: Ulstein SX165 design OSV The first vessel is being constructed at Ulstein Verft in


Australian Defence Minister to Tour Japan Stealth Submarine

HMAS Sheean: Image credit RAN

Australian Defence Minister David Johnston will tour a Japanese stealth submarine when he visits Tokyo next week, his Japanese counterpart said on Friday, ahead of talks that could cement an agreement to cooperate in arms development. "We are planning to show Minister Johnston various


K-Line Welcomes 'Galaxy River'

“K”-Line Welcomes Galaxy River

  Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called "K" Line) announced delivery of "GALAXY RIVER", an 82,200 cbm-type LPG Carrier at Sakaide Shipyard of Kawasaki Shipbuilding Co., Ltd., Japan on June 27, 2014.


MHI to Integrate Two Group Companies

Mitsubishi Heavy Industries Air-Conditioning and Refrigeration Corporation Voxcel air-cooled heat pump module chiller]

  Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI) will integrate two of its group companies: Mitsubishi Heavy Industries Air-Conditioning and Refrigeration Corporation, which handles majority of domestic sales of air-conditioning and refrigeration (AC&R) products


Jinhai Heavy Industry Secures Another Invention Patent

Invention Patent for Jinhai Heavy Industry

  Jinhai Heavy Industry of China has received patent rights for its large ship superstructure hoisting method after a state intellectual property review. The patent rights is for twenty years. The invention patent of large ship superstructure assembly method


Goldhofer to Display Transport Equipment at SMM

The 2,800 ton USS Coronado on Goldhofer PST/ES-E self-propelled modules. Photo: Goldhofer

When the maritime industry gathers at SMM in Hamburg, Goldhofer Aktiengesellschaft of Memmingen will present its transport equipment for the heavy-haulage industry, which is also suited for transporting ships or ship sections and offshore plants


Kawasaki Robots in TRANSFORMERS 4 Movie!

Transformer the Age of Extinction

  If you've seen the fourth installment of the Transformers film series - Transformers: Age of Extinction - you may have noticed some star turns from the other "transformer" robots. All told, 13 Kawasaki robots - four different models from two different series - make appearances in


DryShips Cancels Newbuild Contracts

DryShips Inc. reports cancellation of four newbuilding contracts with Jiangsu Rongsheng Heavy Industries DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc


ABS Adds First Japanese-flagged Carrier to its Classed Fleet

Transfer of flag follows ABS' designation as Recognized Organization ABS has added the first Japanese-flagged vessel to its classed fleet after having been awarded the status of a 'Recognized Organization' (RO) by the Japanese government.


Kawasaki Kisen Pleads Guilty to Price Fixing

Japanese shipping company Kawasaki Kisen Kaisha will pay a $67.7 million fine and plead guilty to participating in a conspiracy to fix prices and rig bids to internationally ship cargo that included cars and trucks, the U.S. Justice Department said on Friday.


MOL, Mitsui in Cameron LNG Transport Deal

LNG carrier in terminal: File photo

Mitsui O.S.K. Lines, Ltd. (MOL) apprise that a contract has been signed with Mitsui & Co., Ltd. to charter two new 155,000m3 LNG carriers that will transport shale gas-derived liquefied natural gas (LNG) from the United States. MOL will manage the new vessels






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright