Swire Pacific Offshore (SPO) confirms it has ordered six high-specification 3,700 dwt PSVs from Universal Shipbuilding Corp in Japan The vessels will be built at USC's Keihin Shipyard and be delivered progressively from the third quarter of 2014. The orders follow-on from an order for four 5000 dwt PSVs from USC in late 2011. Mr Neil Glenn, Managing Director of Swire Pacific Offshore, said: "We are delighted to announce this additional PSV order with USC. "SPO now has 29 vessels on order and will have one of the youngest, most technologically advanced and reliable fleets in the industry - ensuring we are well aligned with the future demands of our customers." The contract includes options for a further four vessels of this type from Universal Shipbuilding Corporation (USC).
Aveva (LSE:AVV), supplier of engineering IT systems for the plant and marine industries, announced that several Japanese shipbuilders -- Namura Shipbuilding, Universal Shipbuilding Corporation, Shin Kurushima Dockyard, Sumitomo Heavy Industries Marine & Engineering and Imabari Shipbuilding Group -- have signed contracts worth over $2.5m to extend their use of Aveva marine solutions. The contracts were made in the first half of Aveva’s financial year ending 30 September 2008.
At the recent ABS Council meeting in N.Y., 40 prominent members of the shipping and offshore industries were elected as new members of the international classification society. The ABS Council also elected two new members to the society’s Technical Committee. “ABS governance is vested in a membership comprised of distinguished individuals drawn from the international shipping, shipbuilding and offshore industries, from academia
Capital Product Partners L.P. (NASDAQ: CPLP) secured long term fixed rate time charter employment with profit share arrangements for its remaining spot VLCC, the M/T Achilleas. In particular, the M/T Achilleas (297,863 dwt, built 2010 Universal Shipbuilding Corp.) has secured employment with the Partnership's sponsor, Capital Maritime & Trading Corp. ('CMTC') for a maximum charter term of up to 3 years. It will be earning a gross daily charter rate of $28
MAN L27/38 diesel-electric units to power platform supply vessels in major Swire Pacific Offshore contract Swire has ordered eight IMT-997 platform supply vessels (PSVs), with four to be built by Universal Shipbuilding Corporation in Japan and a further four to be built by EISA Shipyard in Brazil. Each vessel will be equipped with 4 × 6L27/38 MAN gensets, with each unit rated at 1,980 kW at 720 rpm. All generating sets will be constructed by MAN Diesel & Turbo’s Korean licensee
ClassNK, IHI Marine United (IHIMU), Diesel United (DU) and IBM Japan have announced they will jointly develop a ship maintenance management system to help reduce ship lifecycle cost. The jointly developed system, which will make use of the latest condition monitoring sensor technology and data analysis systems, will be offered by ClassNK as a cloud-based service to shipowners, managers and operators from June 2013.
The Vietnam Shipping Corp. (VINASHIN) grew 46.5 percent last year, reporting a turnover of $ 692 million. This year, VINASHIN has lined up several large projects including construction of and upgrades to 14 shipyards, the most prominent of which are Song Hong, Ha Long, Nhat Le, and Nghi Son in the north and Dung Quat, Cam Ranh, and Da Nang in the central region. The state-owned giant plans promotions, training programs, and market expansion in Egypt, Japan
Kollmorgen Corp., Electro-Optical Division, Northampton, Mass., is being awarded a $6,580,913 firm-fixed-price contract for production of eight Universal Modular Mast (UMM) Systems. The UMM provides for development and acquisition of a non-hull penetrating mast that serves as a lifting mechanism for five sensor configurations (the Photonics Mast, the Multi-Function Mast, the Integrated Electronic Mast, the High Data Rate Mast and the Photonics Mast Variant) on Virginia Class and SSGN Class
UMT International launches new AU (Adjustable/Universal) chock system for 2013 The challenge for the yacht owner is to find a safe and secure method to bring on board and effectively stow and secure rigid inflatable boats (RIB), rigid tenders, light weight dinghys and jet-skis. To meet this challenge UMT introduce for 2013 their new “AU” Adjustable/Universal Chocks. The new design with adjustable mounting bolts allows adjustment of the supports to accommodate the different hull
Container and bulk shipping company Universal Marine and MirTac, a provider of fleet management solutions, have implemented Star Fleet Management software onboard the new bulk carriers mv Pride and mv Star II. Recently, a joint venture between Universal Shipping & Trading (part of the Universal Marine group) and NedNor, brought the relatively small bulkers mv Pride and mv StarII into service in bareboat charter to carry dry and break bulk along the coasts of the Atlantic.
South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead creditor Korea Development Bank said on Wednesday. STX Offshore's creditors took control of the company in 2013 after the
In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president Brian Carter issued a statement commending the government’s efforts and reinforcing the shipbuilder’s role in
The Senate Appropriations Committee this week acknowledged calls for increasing the Navy’s ship count, funding the construction of 10 new ships, as well as providing the U.S. Coast Guard funding for the acquisition of six total new ships.
South Korea's STX Offshore & Shipbuilding Co. has filed for receivership, following massive losses that have mounted up over the past two years, says a report in the WSJ. According to multiple sources from the shipbuilding industry
Another massive reduction in the Korean shipbuilding workforce may come as most shipyards are still struggling with falling orders and mounting losses, reports Yonhap quoting industry sources. Hyundai Heavy Industries plans for large layoffs amid a prolonged recession in the global
Singapore-listed ship repair, marine engineering and dry bulk shipping company COSCO Corporation (Singapore) Limited has recorded a net loss of USD 11.7 million in the first quarter of 2016, compared to a net profit of USD 4.2 million in the corresponding quarter of 2015.
The South Korea government plans to drop its forceful measures to push ailing local shipbuilders to merge with each other as mergers or additional cash outlays to Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME) are unlikely
While South Korean shipbuilders are continuing to struggle for survival as the recession in the global shipbuilding market drags on, they have clinched new orders to build nine ships in the first four months of the year. Yonhap, quoting industry data, said that the S
Shipbuilder ASL Marine has secured a total S$156 million worth of contracts from its shipbuilding, shiprepair & conversion, shipchartering and dredging engineering divisions. The contracts secured are mainly from repeat customers in the region as well as in the Middle East
Trelleborg’s marine systems operation has again supported the U.S. Coast Guard by delivering a third training session in ensuring the safe, secure and clean transportation and use of liquefied gas in U.S. waters. As liquefied gases become a major commodity across the U.S
Daewoo Shipbuilding & Marine Engineering Co. (DSME) has signed a business agreement with the Iranian government on operation and technology instruction for Iranian state-run shipbuilder Iran Shipbuilding & Offshore Industries Complex Co. (ISOICO), reports the Pulse.
Maritime Reporter & Engineering News visited Koichi Fujiwara, the newly installed Chairman and President of ClassNK, in his Tokyo headquarters for his insights on the global maritime market at large as well as the future direction and mandate of class.
Austal Limited welcomed Australian Prime Minister Malcolm Turnbull to the company’s Henderson, Western Australia shipyard, demonstrating the facility’s naval shipbuilding capabilities, innovation and export success.
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has revealed an additional self-restructuring plan amid the falling shipbuilding orders. The company’s creditors, led by the state-run Korea Development Bank
The shipbuilding group STX France has offloaded its Lorient shipyard to a naval consortium. The shipyard, which has produced civil and naval vessels, will be purchased by Kership, a joint venture between French industrial shipbuilder Piriou and naval manufacturer DCNS.