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.
(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
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 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.
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
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
Hyundai Mipo Dockyard (HMD) delivered the fourth high value platform supply vessel (PSV) for BP Shipping at its main shipyard in Ulsan, South Korea. HMD won four PSVs from BP Shipping in March 2012 and already delivered three same type vessels from January to July this year.
First of four Crowley tankers celebrated in keel laying ceremony at Aker Shipyard The first of four Crowley Maritime Corp. product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S
The Coast Guard 9th District is warning Great Lakes boaters that falling water temperatures pose safety risks even as air temperatures stay warm. The National Weather Service reports that the water temperatures in Lake Superior are already reaching 50 F, with lakes Ontario, Huron
Scorpio Tankers Inc. says it has taken delivery of four newbuilding vessels and agreed to time charter-in an LR2 product tanker that is currently under construction in South Korea. Details as follows: Newbuilding Vessel Deliveries STI Orchard, an LR2 product tanker
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
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
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
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
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.
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
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")
NewZealand's KiwiRail says that the Interislander ferry Arahura has left Wellington for her scheduled bi-annual dry-docking in Devonport, having last visited Auckland in July 2012. Docking is being undertaken at the Devonport Dockyard under the management of Babcock’s New Zealand
A number of orders are reported by Clarkson Hellas in their latest S&P Weekly Bulletin, with contracts being signed across the Dry Bulk, Tanker and Container markets. Dry bulk carriers Activity has been focused amongst the small/midsized vessels with Empros Lines reported to have signed up
Capital Product Partners L.P. (CPP) an international diversified shipping company, says it has secured time charter employment for the M/T ‘Avax’, M/T ‘Agisilaos’ and M/T ‘Alkiviadis’. M/T ‘Alkiviadis’ (36,760 dwt
Scorpio Tankers Inc. say it has recently taken delivery of seven newbuilding vessels as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho Heavy Industries in September 2014. Upon delivery, each vessel began a voyage for 45 days at approximately $30