Mitsui O.S.K. Lines, Ltd. (MOL) today inform that the coal carrier 'Energy Prometheus',to be operated by MOL to ship coal to Hokuriku Electric Power Company, has been completed at the Oshima Shipbuilding Co., Ltd. Oshima Shipyard. People from Hokuriku Electric Power and other concerned companies gathered for the ship's christening and delivery ceremonies add MOL. With its wider beam and reduced depth, this vessel can serve ports with less depth while maximizing cargo loading. With its wide, shallow draft hull, and the advanced equipment on board, the vessel should show excellent economic performance. The coal carrier is named Energy Prometheus after the MOL operated coal carrier that served Hokuriku ports with coal for Hokuriku Electric Power in the past. With a long-term consecutive voyage service contract in hand, the coal carrier will play a central role in the supply of coal for Hokuriku Electric Power. Main particulars: Length: 228.4m Breadth: 36.5m Depth: 19.89m Deadweight Tonnage: 85,555 MT Source: MOL
Oshima Shipbuilding Group of Japan to construct Vietnam shipyard facility Japanese Oshima Shipbuilding Group will construct a US$180 million shipyard in the central coastal province of Khanh Hoa , according to Nguyen Chien Thang, Chairman of the Khanh Hoa Provincial People’s Committee. The project will occupy a total area of 304 ha of Cam Thinh Dong Commune in Cam Ranh Town . Using the latest technology, the shipyard will build 24 different types of cargo vessels with capacities
Montreal-based Fednav Group, owner of Federal Marine Terminals, Inc. (FMT), the leading terminal operator at the Port of Cleveland, has delivered three new state-of-the-art vessels to trade on the Great Lakes-Seaway System. The MV Federal Satsuki, arrived at Federal Marine Terminals, Cleveland, this week from Europe, carrying steel for the coal mining, automotive, and cosmetic industries and machinery for the food industry
Oshima Shipbuilding Co., Ltd has called its option to order four additional 70-ton Shipboard Gantry Cranes (Konecranes-Munckloaders) from KCI Konecranes. The new cranes will be delivered in 2009 and installed onboard two 55.000 DWT vessels ordered by Singaporean shipowner Masterbulk Pte. Ltd. The market value of these crane types is approximately USD 6 million per unit, depending on size and capacity. The order was received in the first quarter of 2006.
Wisdom Marine Group signed a two-tranche syndicated loan agreement for $5.92 million (USD) and ￥11.88 billion ($119.43 million, USD) with six domestic banks to finance its orders with three Japanese shipbuilders, Taipei Times reported. The syndicated loan was co-led by First Commercial Bank and Bank of Taiwan, with participating loans from Taiwan Cooperative Bank, Hua Nan Commercial Bank, Bank SinoPac and Bank of Kaohsiung.
For the first time, combustible, fibre-reinforced, lightweight composite has been approved for use in a SOLAS ship. Panama's flag authority has accepted a design where hatches in fibre-reinforced plastic composite replace steel hatches. Research and fire risk analyses at SP have helped in making this possible. Lightweight composites have a number of advantages compared with steel; among others, ships can be made lighter, which reduces fuel consumption and emissions, and there is no corrosion
Japan's Mitsubishi Heavy Industries and Sinopacific Shipbuilding of China sign joint development agreement MHI will provide technological support to Sinopacific in the area of commercial vessel construction. MHI is currently promoting expansion of its engineering business mainly through licensing of technology, while Sinopacific is taking steps to strengthen its shipbuilding business through introduction of technologies from advanced shipbuilders
'Soyo', an NYK-owned coal carrier, has been selected as the 2012 "Ship of the Year" by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). JASNAOE’s “Ship of the Year” award has been presented every year since 1990 to a Japan-built vessel that the society considers to be the most technically advanced, well-designed, and socially conscious. Soyo was honored for its innovative air-lubrication system and its proven impact on CO2 reduction
Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump. Mitsubishi Heavy Industries, Ltd. (MHI) announced in a press release today that it has entered talks with Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. toward forming new domestic alliances in order to leverage “mutually complementary, synergy-generating [partnerships] that would collectively provide Japan's
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured an agreement with RCL Cruises Ltd., a member of the Royal Caribbean Cruises Ltd. group, to perform the extensive revitalisation of Royal Caribbean International’s 137,276-gross tonnage, passenger-ship 'Voyager of the Seas'. Royal Caribbean Cruises Ltd. is a global cruise vacation company that owns Royal Caribbean International, among other cruise brands
Largest Private Sector Shipbuilding Yard in India ABG Shipyard is for sale. The Lenders led by State Bank of India has hired investment bank Rothschild to find a buyer for a majority stake in the company as they struggle to save Rs 16,000 crore ($2
Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA, held a ceremonial Keel Laying for the third product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan, Inc. subsidiary.
In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the
Conrad Shipyard won a contract to build a Crane Barge for the United States Army Corps of Engineers. The 300 x 68-ft welded steel barge is to be used in floating crane service by the Corps’ Rock Island District in support of its maintenance mission on the inland navigation system
India’s biggest shipbuilder under state control, Cochin Shipyard Ltd (CSL) is looking to file documents for its initial public offering (IPO) with the markets regulator by the end of this month, reports Live Mint. According to sources
Vard Electro AS, a subsidiary of Vard Holdings Limited, has secured a new contract for the delivery of an equipment and electrical installation package to Cochin Shipyard Ltd. for a vessel under construction for the Government of India.
Shipyards have become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the record for the lowest newbuilding contracts in more than 20 years, according to international shipping association Baltic and International Maritime
A dramatic collapse in newbuild orders due to a weak market environment across all shipping sectors is putting pressure on the global shipbuilding industry, says Teekay Corporation. Just 7.2 million compensated gross tones (CGT) of new orders have been placed through the first
On Friday, September 9, the government of Curaçao and Damen Shipyards Group signed a concession agreement for the future operation of the current Curaçao Drydock Company, enabling Damen to establish a new company on Curaçao under the name Damen Shiprepair Curaçao.
Dutch group Damen shipyards and Italian group Fincantieri are the two potential buyers that have emerged for STX France, a shipyard subsidiary of the struggling South Korean group STX Corp, French daily Le Monde said on Thursday. "Two foreign candidates
More than 100 people representing over 70 companies attended Seaspan Shipyards’ second annual Atlantic Canada Industry Day hosted in Halifax today. During the session, attendees received an update on Seaspan’s progress on its National Shipbuilding Strategy (NSS) Non-Combat package of
Two potential buyers have emerged for STX France, a shipyard subsidiary of the struggling South Korean group STX Corp, according to a French finance ministry source. The French state holds a 33 percent minority stake in STX France, which runs a naval shipyards in Saint Nazaire on the west
Deltamarin, a subsidiary of AVIC International Maritime Holdings, has been contracted by Finland’s Rauma Marine Constructions (RMC) shipyard to design a new ro-pax vessel. AVIC said Deltamarine will provide the Finnish Rauma Marine Constructions Oy shipyard with services for a
According to the Nikkei, Mitsubishi Heavy Industries Ltd. (MHI) has entered negotiations with Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd., each first, third, and fourth, respectively, in terms of shipbuilding tonnage
Privinvest forms joint venture for shipbuilding and the maritime economy in Angola where, together with Simportex, it will develop and operate a shipyard Middle East based shipbuilding group Privinvest announced the start of a major shipbuilding and maritime economy program with the