SHIN KURUSHIMA DOCKYARD
Aker Yards has appointed Sang-Ho Shin as Chief Operating Officer (COO). Shin comes from a position as vice president of STX Shipbuilding in , where he has been chief for the Jinhae shipyard. Sang-Ho Shin has held several senior management positions within the STX group since 1980, and has a university education within industrial strategy and mechanical engineering. Aker Yards, Mr. Shin will focus on production efficiency, procurement, logistics, knowledge transfer, technology & innovation.
Shipyards in the major exporting regions all report significant year-on-year drops in new contracting activity. For new-buildings there is no doubt that the market continues to remain challenging, particularly for the larger and more conventionally orientated facilities, observes Clarkson Hellas in its recent bulletin. With conventional demand so far being focused primarily on the mid‐sized segments of the market
Orders for gas carriers placed with Korean and Japanese shipyards figure prominently amongst the latest newbuilding orders noted in the latest Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers Pan Ocean have placed an order for two firm 207,000 dwt Newcastlemaxes at New Times, with both vessels due to deliver within the second half of 2016. Also in China, Clarkson Hellas mentions that Conti Reederei have extended their order for 64
While many of troubled Daewoo Group’s top executives have been ousted by South Korean creditors who rescued the troubled Daewoo Group from collapse last July, it appears that the head of the shipbuilding division will stay. Creditors voted to retain Daewoo Heavy Industries President Shin Young-kyun as president of its shipbuilding division and picked Yang Jae-shin, president of Daewoo Motor's Poland subsidiary, to lead Daewoo Heavy's machinery division.
(Houston, TX---) Class society ABS and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) are concluding a one-year joint development program (JDP) examining critical wave conditions for sloshing model tests and computational fluid dynamics (CFD) in the cargo tanks of floating liquefied natural gas (FLNG) vessels. The results will offer the industry a new methodology to determine critical sloshing conditions more efficiently than in the past and the
China shipyards as usual again figure prominently in the weekly round-up of contracts placed in an active market for ocean shipping set out in the latest Clarkson Hellas S+P Weekly Bulletin as follows: Dry bulk carriers Sinotrans Shipping have signed contracts for two firm 78,000 DWT Panamax at Jiangnan Shipyard. This order is understood by Clarkson Hellas to have been under discussion for some time, and commits two remaining slots within end 2015 basis the yard’s existing Panamax
While shipbuilding giants such as Hyundai, Samsung and Daewoo are devouring orders for ultra-large vessels with unmatched technology, midsized shipbuilders are expanding facilities and revving up exports to beat Chinese and Japanese counterparts. Seven Korean shipbuilders managed to dominate the world's top posts in terms of order backlogs thanks to years of technological development and lavish investment on facility expansion.
A series of new MacGregor offshore winch orders, secured in October, will serve the strong demand for maintenance, hook-up and commissioning services for existing oil platforms within the shallow water region of the Malay basin, says Francis Wong, Director, Segment Sales and Marketing, Offshore. "As oil prices remain high and oil majors continue to invest in exploration and production activities in the region
Cheoy Lee Shipyards handed over the first in a series of four RAmparts 3000 tugs designed by Robert Allan Ltd. To owners; Hong Kong United Dockyards (HUD). The Taikoo is the latest edition of the RAmparts class design from Robert Allan Ltd., and derives its name from a historic dockyard in Hong Kong operated by Butterfield and Swire beginning in 1907. The yard was responsible for building some of the largest ships in the world during the early 1900's
According to a report from the Daily News out of Sri Lanka, the Colombo Dockyard undertook to handle two LPG carriers which will generate around $1.6m to the country, Colombo Dockyard Managing Director Mangala Yapa told Daily News Business. The Shipping Corporation of India, owned LPG carriers Nanga Parbat (17,601DWT) and Anapurna (17,601DWT) sister ships called in for lay up and dry docking repairs during February and March 2011 respectively. (Source: Daily News)
Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea ("SPP")
Scorpio Tankers Inc. says it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea. The purchase price of the vessel is $37.1 million with delivery expected in September 2014
The offshore patrol vessels (OPVs), which will be used by the Royal Navy to undertake various tasks in support of UK interests both at home and abroad, will be built at BAE Systems’ shipyards in Glasgow, informs the UK Ministry of Defence.
A huge section of HMS Prince of Wales has arrived in Rosyth as the dockyard prepares for final assembly of the second Queen Elizabeth Class aircraft carrier, shipbuilder BAE systems announced. The 8,000-metric-ton hull section, known as Lower Block 03
Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners. Wilhelmsen Technical Solutions (WTS) has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for
Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report. Stock Buyback Program The company has purchased 6,327,861 of its common shares in the open market at an average
Her Majesty The Queen has officially named the HMS Queen Elizabeth in front of a crowd that included shipbuilders, the Prime Minister and the Defence Secretary, informs the UK Ministry of Defence. The naming ceremony concluded with the smashing of a bottle of whisky over the bow of the ship
China & Japan shipbuilders scoop the pool of international shipbuilding orders according to the latest Clarkson Hellas S&P Weekly Bulletin. Dry bulk ships Clarkson Hellas says that Pan Ocean has placed an order for two firm 207,000 dwt Newcastlemaxes at New Times
Scorpio Tankers inform of a new $150 million stock buyback program; initial purchasers' exercise of their option to purchase additional $60 million in convertible senior notes due 2019, and newbuilding vessel deliveries. Main points follow: New $150 Million Stock Buyback Program
A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi, Furukawa Electric, Shimizu
World first Hybrid Turbocharger with Electric-Assist function and Variable Turbine Inlet (VTI) verified its performance at Sea Trial Reducing the ship power consumption at slow steaming The car carrier that mounts the world first Hybrid Turbocharger with Electric Assist function and Variable
Scorpio Tankers Inc. gives details of its agreement to acquire some of its own common shares; to buy back stock; and also sets out a fleet update. Scorpio Tankers Inc. says it has entered into an agreement to purchase from an existing shareholder 7,500
NYK says it has taken delivery of the new high-tech pure car carrier (PCC), 'Aries Leader', built by Shin Kurushima Dockyard Co. Ltd. With a capacity of 7,000 units, the new carrier includes the latest energy-saving technology including a hull air-lubrication system and a hybrid turbocharger
UK shipyard, A&P managing director, Peter Child tested his nerves when he joined a dozen others to abseil down the largest dry dock on the UK’s south coast to raise money for charities. Mr Child and Adrian Richards, Chief Executive of BF Adventure in Penryn
Leading South Korean shipbuilder Hyundai Mipo Dockyard Co., has won a US$102-million order from a Singaporean company to build two LPG carriers, according to Yonhap News Agency. Hyundai Mipo, a subsidiary of Hyundai Heavy Industries Co., said it will start building the vessels from March 2016