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Fortum Newbuildings Will Get Wärtsilä Engines

Wärtsilä Corporation has received a contract to supply the complete power systems for two 14,000 tdw product/chemical tankers under construction for the Finnish energy group Fortum. The two tankers have been contracted at the Portuguese shipbuilder Estaleiros Navais de Viana do Castelo, with delivery due in 2003. With a cargo capacity of 16,000 cu m, they are of 140 m length overall by 21.7 m breadth, and have a service speed of 16 knots. They are also being built to ice class 1A Super. Each Wärtsilä power system comprises a Wärtsilä 8L46 main engine, reduction gearbox with power take-off (PTO) drive, controllable-pitch propeller, and three generating sets, two driven by Wärtsilä 6L20 engines and one by a Wärtsilä 4L20 engine. With a maximum continuous power of 8400 kW each, the 8L46 main engines will be equipped with Direct Water Injection (DWI) for reduced NOx emissions. Redundancy in propulsion is given by the PTO drive which will also serve as an auxiliary propulsion drive, with the shaft generator acting as an electric motor supplied by the 1080 kW auxiliary diesel generating sets. There are other newbuildings under construction for operation by Fortum all powered by Wärtsilä diesel engines, including two larger product/chemical tankers, two escort tugs and two ice-breaking Aframax tankers. All these vessels are being built to a high ice class, and the engines are being arranged for operation at temperatures down to minus 30°C.


Sumitomo Mitsui to Double Overseas Banking Staff

According to a Bloomberg report, Sumitomo Mitsui Financial Group Inc. will double its overseas banking staff that works on financing for ship construction, as Japan's biggest arranger of such deals tries to take advantage of surging demand for vessels. China's appetite for iron ore will boost demand for vessels with cargo capacity of more than 100,000 tons by 44 percent between last year and 2010, according to a report last month by Mitsui O.S.K. Lines Ltd


Kawasaki Heavy Industry, Chinese Co. To Set Up Shipyard

As Beijing looks to boost ship exports, Japan's Kawasaki Heavy Industry Ltd is likely to join state-run China Ocean Shipping Group to set up a $96.8 million shipyard in east China. The shipyard, a 50-50 joint venture, will design and build vessels of at least 160,000 dwt. There are also reports that South Korea's Samsung Heavy Industries Ltd is expected to set up a wholly-owned shipyard in China.


Konecranes Wins More Than $28M in Orders

Konecranes received orders totaling over $28.35m from four South Korean shipyards in September 2007. Hyundai Samho Heavy Industries Co. Ltd, Samsung Heavy Industries Co. Ltd, Hanjin Heavy Industries & Construction Co. Ltd and Daehan Shipbuilding Co. Ltd. ordered the design, project supervision and components for eight Goliath gantry cranes. Deliveries are scheduled for spring 2008. The largest of the cranes ordered has a lifting capacity of 1500 tonnes


Tsakos Charter of DNA Aframax Tanker

Tsakos Energy Navigation Limited (NYSE:TNP) announced the delivery of the double-hull DNA designed 105,000dwt Aframax tanker Ise Princess from Sumitomo Heavy Industries in Japan. The vessel is the fifth delivery in an eight vessel series. The company expects to take delivery of the remaining three vessels by May 2010. Ise Princess immediately commenced a repositioning time-charter for up to four months with a major international oil trader at a fixed rate


South Korea Shipyard Stocks Surge

According to a report from Bloomberg, Hyundai Heavy Industries Co. (009540 KS) surged 11% percent after receiving an order for two LNG ships Dynagas Ltd. of Greece, Samsung Heavy Industries Co. (010140 KS) gained 1.8% after it won a $3b order to build a FPSO facility for Shell Development Pty Ltd., Daewoo Shipbuilding (042660 KS) rose 1.8% and Hyundai Mipo Dockyard (010620 KS) rose 3.5%.     (Source: Bloomberg)


Qingdao and CNOOC Sign Contract

The Qingdao Beihai Shipbuilding Heavy Industries Co., Ltd. and the China National Offshore Oil Corporation (CNOOC) have recently signed a contract on the building of a 100,000-ton FPSO (floating, production, storage and offloading) vessel in Haixi Bay of Qingdao. Qingdao will thus become China's third FPSO vessel building base after Dalian and Shanghai. FPSO, used for offshore oil exploitation and production, has a high technology content and is difficult to build


MOL, Osaka Gas’s Newbuild LNG Carrier Named

Photo courtesy of MOL

Mitsui O.S.K. Lines, Ltd. (MOL) announced that a naming ceremony for the LNG Venus, a newbuilding liquefied natural gas (LNG) carrier, was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI). The vessel is under construction at MHI and will serve Osaka Gas Co., Ltd. As a large group of guests looked on, Osaka Gas President Ozaki named the vessel, and his wife cut the rope. The LNG Venus is co-owned by MOL and Osaka Gas’ wholly owned subsidiary


First Bulk Carrier Delivered to ADM of US

Newly developed bulk carrier with MALS

  The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance, was delivered today to Archer Daniels Midland Company (ADM) of the U.S., one of the world's foremost grain processors, following its completion at Oshima Shipbuilding Co., Ltd. of Nagasaki, an MHI licensing partner. The incorporation of a wide spectrum of innovative technologies - including MHI's proprietary Mitsubishi


Oshima-built Grain Carrier Delivered in the US

Newly developed bulk carrier with MALS (Photo: MHI)

Today the first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI) was delivered to Archer Daniels Midland Company (ADM) of the U.S., following its completion at Oshima Shipbuilding Co., Ltd. of Nagasaki, an MHI licensing partner. The newly delivered bulk carrier is the first of three vessels, designed to serve as grain carriers, ordered by ADM in 2011 from Sumitomo Corporation. The vessel was constructed by Oshima Shipbuilding with MHI providing the conceptual


Sevan Marine Investigates Petrobras Corruption Case

Image: Sevan Marine ASA

 Norway's Offshore drilling firm Sevan Marine ASA has appointed law firm Selmer to investigate claims by Brazilian media that a former manager and agent of Sevan Marine are connected to the Brazilian authorities' investigation into corrupt activities involving Petrobras.  


HHI Delivers 14,000 TEU Box Ship to Seaspan

Seaspan Corporation accepted delivery of a 14,000 TEU containership, the YM Witness. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's fourth 14,000 TEU SAVER design containership and fifth delivery in 2015.


Hyundai Sees Mega Ships Leading Global Demand

Pic: Hyundai Heavy Industries Co

 As the demand for mega vessels has increased, Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping companies seek ways to cut costs, reports Bloomberg. Hyundai Heavy is the world’s biggest shipbuilder.  


Samsung Wins $890 mln Statoil North Sea Contract

Johan Sverdrup field in the North Sea (rendering: Statoil)

Norwegian oil major Statoil  has awarded Samsung Heavy industries an $888 million contract for two platform decks on the giant Johan Sverdrup field in the North Sea, it said on Tuesday. The contract includes fabrication of decks for both the process and riser platforms for the Sverdrup


Capital Product Partners Tankers get Contracts

Image: Capital Product Partners

 Capital Product Partners (CPP) has taken delivery of a new panamax containership, which will commence a five-year timecharter to CMA CGM. It also has won a timecharter from Cargill, and another two have had their charters to Capital Maritime extended.  


Japan's First High Pressure Fuel Gas System Ordered

Photo courtesy of Bestobell Marine

Bestobell Marine, part of the President Engineering Group (PEGL), has received an new order to supply its globe and check valves for Japan’s first high pressure fuel gas system that will be installed within a marine vessel.   The order will see Bestobell Marine supply a number of its


ZPMC Orders Romica Equipment for DSV

Image: REL

Romica Engineering Ltd (REL) has signed a contract with Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC) to provide a triple drum winch and tooling deployment A-Frame system. This will support the overboard deployment and recovery of diver tools supporting subsea work.  


KNOT Orders New Tanker for Charter with BG Group

Image: Knutsen NYK Offshore Tankers AS (KNOT)

 Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.    This contract is for a maximum 20-year period starting from the second quarter of 2017 and follows the


NLNG Eyes $1.5 bln Debut Shipyard in Nigeria

Logo

  Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion, in its attempt to turn the country into a hub for maritime operations on the continent.


Bizzarro Named President of WRI

Stasu C. Bizzarro

Effective June 1, 2015, Stasu C. Bizzarro has been appointed President of Weather Routing, Inc. (WRI, LTD), a leader in the world-wide maritime weather forecasting field for more than 50 years.  Bizzarro is an AMS certified maritime meteorologist with close to 20 years experience in the


Fukushima Floating Offshore Wind Project Progressing

Photo: Mitsubishi Heavy Industries

An experimental offshore floating wind farm project sponsored by the Japanese Ministry of Economy, Trade and Industry has been underway since March 2012. Participating in the project is a consortium comprised of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi


Marine Propulsion Technology: Two-Stroke DF Engine Passes Critical Test

engine for WEB.jpg

The first Wärtsilä low-speed two-stroke dual-fuel (DF) engine destined for a commercial application has reportedly completed its Factory Acceptance Test (FAT) at a Chinese licensee of Winterthur Gas & Diesel (WinGD), the Switzerland-based designer


VLGC Concorde Delivered to Dorian LPG

dorian logo.jpg

Dorian LPG Ltd., an owner and operator of modern Very Large Gas Carriers (VLGCs), reported today that it has taken delivery of the ECO VLGC Concorde from Hyundai Heavy Industries. Concorde, Dorian LPG's fifth newbuilding delivery, will initially trade in the spot market through the Helios LPG


GTT Receives Order for FSRU

GTT receives order from Hyundai Heavy Industries for a FSRU addressed to Höegh LNG   GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has announced a new order for a Floating Storage & Regasification Unit


Dorian Delivers the Cobra

Courtesy Dorian

  Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers reported today that it took delivery of the ECO VLGC Cobra from Hyundai Samho Heavy Industries. As previously announced, Cobra, Dorian LPG's sixth newbuilding delivery






 
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