SUMITOMO HEAVY INDUSTRIES LTD
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.
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
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
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
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.
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)
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
Fednav Ltd. orders ice-breaking bulk carrier from Sumitomo Corporation & Universal Shipbuilding Corporation, Japan. The new vessel has been ordered in order for Fednav to fulfil a long-term contract which provides for the transportation of nickel and copper concentrates from Canadian Royalties' Nunavik Nickel Project in northern Quebec to customers in Europe as well as the import from Europe of mine supplies and equipment.
The splitting of Daewoo Heavy Industries into three firms should boost shareholder value, analysts said. The companies will eventually benefit from the split, analysts said, calling it a "painful but inevitable choice." Analysts said the shipbuilding and machinery units would be reborn as clean companies, while Daewoo Heavy Industries Co. would become a paper company, shouldering most of the company's debts. However, they said
Cargotec has established a joint venture with Jiangsu Rainbow Heavy Industries Co., Ltd. to strengthen presence in China The joint venture RCI will build a new facility at Taicang in China that will increase Cargotec's delivery capacity. The foundation stone of the facility will be laid in June. RCI will provide leading heavy crane solutions globally and grasp growth opportunities in the Chinese and global markets. The joint venturewill focus on ship-to-shore cranes
From September 15-18, 2014, HMC will provide a course “Naval Architecture for Non-Naval Architects” in Singapore and Kuala Lumpur. HMC facilitated this course in cooperation with M.I.C.E. Global (Singapore), a company which organizes business meetings, workshops
Mitsui Engineering & Shipbuilding Co., Ltd (MES) and UBI Tower Sole Member Limited (UBI Tower) established the joint venture company named MES-UBI Heavy Industries Company Limited (MES-UBI) which manufactures the pressure vessels installed in the refinery and petrochemical plants with
Finnish naval architecture and engineering company Deltamarin Ltd. has established a subsidiary, Deltamarin Floating Construction Ltd., to enlarge the scope of the group’s services. The new company will focus on delivering engineering, procurement
The country’s largest floating drydock, the Vigorous, is headed for Portland this weekend. The drydock, a piece of equipment used to lift vessels as large as cruise ships out of the water, is scheduled to arrive at the mouth of the Columbia Sunday
GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas carriers, has reported its financial results for the quarter ended June 30, 2014, excerpted as follows: Highlights Completion of the initial public offering (“IPO”) of
MacGregor, part of Cargotec, has secured a new contract from Chinese shipbuilder, Fujian Mawei Shipbuilding Ltd., for two 100-metric-ton active heave-compensated subsea MacGregor cranes. The cranes will be fitted to two 86-meter multipurpose platform supply vessels (PSVs) under construction at the
On August 18 Mitsubishi Heavy Industries, Ltd. (MHI) opened its newly revamped M's Square showroom located on the second floor of the Shinagawa Head Office Building in Tokyo. The showroom layout has been reorganized into separate areas each introducing the technologies and products of one
A total of 51 scholarships worth more than S$1.4 million were awarded this year, as part of continuous outreach and talent development efforts to meet the manpower needs of the growing Singapore maritime industry - an area which contributes to some 7 per cent of the nation's economy.
Bulk carrier under MOL’s operation is world's first to adopt highly ductile steel plate to ensure superior collision safety Mitsui O.S.K. Lines, Ltd. (MOL) announced the world’s first use of highly ductile steel plate NSafe-Hull
When the maritime industry gathers at SMM in Hamburg, Goldhofer Aktiengesellschaft of Memmingen will present its transport equipment for the heavy-haulage industry, which is also suited for transporting ships or ship sections and offshore plants
Offshore marine services provider Jaya, now part of Mermaid Marine Australia Ltd. (MMA), today delivered Jaya Majestic, a new state-of-the-art anchor handling tug supply (AHTS) vessel into MMA’s international fleet. Jaya Majestic was built at the company’s Singapore shipyard and is
Specialist shipbuilder Strategic Marine has appointed Dennis Thomsen as its Business Development Manager aimed at boosting its presence in the wind vessel and European work boats markets. He will be based out of Singapore. Dennis will be responsible for all wind vessel and European workboat
The Malta Maritime Careers Day will see the participation of three eminent international entities in its first year of staging. These will be ICOMIA - the International Council of Marine Industry Associations, SNAME - The Society of Naval Architects and Marine Engineers - based in Virginia, U.S
Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand their trade and investment partnership. On the first visit to Brazil in a decade by a Japanese prime minister
Jinhai Heavy Industry of China has received patent rights for its large ship superstructure hoisting method after a state intellectual property review. The patent rights is for twenty years. The invention patent of large ship superstructure assembly method