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
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.
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.
(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
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
Tsakos Energy Navigation Ltd. (TEN) announced a three-year time- charter to a European charterer of the 37,340 dwt 1B ice-class handysize product tanker Bosporos, expected to be delivered from Hyundai Mipo Dockyard of South Korea at the end of August. The charter is structured with a minimum rate and a 50/50 profit share should rates exceed that minimum. The gross proceeds from this charter, assuming only the minimum rate, are expected to exceed $21m.
OMI Corp. has agreed to attain two 47,000-dwt product carriers from another owner that are currently under construction at Onimichi Dockyard in Japan. The vessels will be delivered to the company in September and late November 2000, upon which they will commence two time charters to an oil company. The company has also agreed to sell the 29,996-dwt product carrier Tiber, which was built in 1989, and is the last of its Polish built vessels.
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)
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
Russian Maritime Register of Shipping (RS) will participate in Kormarine 2013 in Busan, Republic of Korea, one of the largest international exhibitions of maritime industry. On 22-25 October the foremost exhibition of the maritime industry in Asia will gather leaders of shipbuilding industry
5 new apprentices have started work at A&P Falmouth shipyard, underlining the company’s long-term commitment to Cornwall (in the extreme Southwest of England) and the future of the dockyard there. The apprentices beat off stiff competition from almost 70 applicants to be awarded the
Smoke bellows out the ventilation ducts. The glow of the blazing fire emanates down the passageway. Firefighters move with precision and purpose, pausing to unleash a torrent of water towards the fire as they kneel before it. Such was the scene at the Navy's first submarine firefighting trainer
The 3 new ships will be built by BAE Systems at their shipyards on the Clyde in a deal that will sustain jobs in the UK’s warship-building industry, and will play a key role in counter-terrorism, counter-piracy and anti-smuggling operations, according to a UK MOD announcement.
Scorpio Tankers has reached agreements to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD)
Crowley Maritime Corporation announced today that it will continue to grow its fleet of petroleum vessels and enhance service to customers by contracting with Aker Philadelphia Shipyard Inc. (APSI) to build up to eight product tankers for delivery between 2015 and the end of 2017.
Mitsui O.S.K. Lines report that they, other concerned parties, & Lloyd’s Register which MOL retained as technical consultant, have conducted a thorough investigation into the causes of the mid-June 2013 hull fracture, of the MOL-operated containership 'MOL Comfort'
Mitsui O.S.K. Lines, Ltd. (MOL) reports that itself, other concerned parties and Lloyd’s Register (LR), which MOL appointed as technical consultant, have conducted a thorough investigation into the causes of the mid-June 2013 hull fracture of the MOL-operated containership MOL Comfort on the
A loud explosion accompanied by a fire rocked Indian Navy submarine 'INS Sindhurakshak' docked at the high security naval dockyard in Mumbai early on Wednesday (14-08-2013) reports The Times of India, citing government officials. Many sailors on board the submarine reportedly jumped off to
Ardmore Shipping Corporation today announced that it has contracted Hyundai Mipo Dockyard Co. Ltd, South Korea (HMD) for the construction of two 37,000 Dwt IMO 2 eco-design chemical tankers ordered from for approximately $32.7 million each with options for further equipment upgrades.
The Royal Thai Navy has become the latest navy to take delivery of an offshore patrol vessel designed by BAE Systems. HTMS Krabi was constructed by Bangkok Dock through a technology transfer agreement with BAE Systems, which supports Thailand’s national policy of self-sufficiency by
With the newbuilding market remaining quiet towards the end of August, Clarkson Hellas S+P Weekly Bulletin reports a limited number of dry bulk carrier orders in the Capesize sector, with few orders in other sectors as follows: Rizhao Steel (Cara Shipping) are understood by Clarkson Hellas to
Recently, Mainport, a firm based in Cork Ireland with a range of subsidiaries in diverse marine fields and diverse locations from South Africa to the Caspian and at home in Ireland, extended business to Malaysia where the company is having two new seismic support vessels built at the Shin Yang
Scorpio Tankers Inc. has exercised options to construct two Very Large Gas Carriers (VLGC) in South Korea. The Company also took delivery of the twelfth MR product tankship vessel under its newbuilding program, 'STI Ville'. VLGC Newbuildings
Capital Product Partners L.P. (CPLP) has announced the chartering of the M/T Avax to BP Shipping. The M/T Avax (47,834 dwt, IMO II/III Chemical Product Tanker built 2007 Hyundai Mipo Dockyard, South Korea) was chartered in October 2013 to BP Shipping for a minimum charter term of one year