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Shipyard Builds Container Vessel in 54 Days

According to reports, Shanghai Shipyard & Chengxi Shipyard Company Ltd built a 3,500 TEU container vessel in only 54 days, breaking China's record of 60 days for a mid-sized container vessel. The team has already signed orders till the end of 2009. The state-owned Shanghai Shipyard & Chengxi Shipyard Co. updated their traditional shipbuilding skills when they moved to Chongmong Island from Lujiazui area in Pudong. The original technique took more than 140 days to build a 3,500 TEU container vessel. Shanghai Daily News


Daewoo Clinches $531m Order

Bloomberg has reported that Daewoo Shipbuilding & Marine Engineering Co., said it has received a $531m order to build container ships for a customer in Panama. The Seoul-based company will build an unspecified number of container ships and deliver them by April 30, 2010, Daewoo said in a regulatory filing to the Korea Exchange today, without revealing the identity of the customer. Daewoo and South Korea's six other shipbuilders, which built 38 percent of vessels delivered globally in 2005


MHI Kobe Shipyard’s Receives Orders

Mitsubishi Heavy Industries, Ltd. (MHI) has received consecutive orders for large size container ships from the Evergreen Group of Taiwan, one of the leading container transportation operators in the world. Since 1992, MHI has received orders for 38 container ships from Evergreen without a break, of which 32 ships have either been built, or are to be built at MHI’s Kobe Shipyard and Machinery Works, and six at Nagasaki Shipyard and Machinery Works


Aker MTW Acquires Order for Three Containerships

Aker MTW Werft (AMTW) in Wismar, Germany has acquired three orders to build container vessels, a joint development with Kvaerner Warnow Werft in Rostock-Warnemünde (Germany). The contract, worth $115M, is for three vessels that were ordered by Reederei Hartmann in Leer (Lower Saxony). The vessels which will be built in Wismar and Rostock-Warnemünde are due for delivery in the third and fourth quarters 2004. The contracts are subject to the settlement of financial issues by mid July 2003.


Bouygues Offshore to Build Container Terminal

Bouygues Offshore and Bouygues Travaux Publics (a Bouygues Construction subsidiary) have signed a contract with Caucedo Investments Inc. to build a container terminal in the Dominican Republic. Located near from Santo Domingo, in the southwest region of the island, the facility will provide a depth of up to 15m to receive post-Panamax vessels. This contract is valued at approximately $136 million. The terminal scheduled for the end of 2003


NMM lines up Box Buy

Courtesy of Navios Maritime Partners

  Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration, an option to acquire a 2012 South Korean-built container vessel of 13,100 TEU from an unrelated third party. The vessel is currently chartered out to a high quality counterparty for a twelve-year period ending May 2027. The main terms of the option are as follows: Acquisition price: $147.8 million


China Delivers Large Containership

According to Shanghai Daily, the delivery of China's first self-made 8530-TEU containership over the weekend officially makes China the fourth nation capable of building super large container ships. The ship was designed and built over six years by the Shanghai-based Hudong-Zhonghua Shipbuilding (Group) with full independent Chinese intellectual property rights. The ship measures is 335 x 42.8 x 24.8 m, able to carry 101,000 tons and sail at 25 knots.


SCI Orders New Cellular Container Vessel

The Shipping Corporation of India Ltd. (SCI) continues to modernize its fleet by acquiring new vessels. On July 14, SCI placed an order for a Cellular Container vessel of 3,500 TEU capacity, with M/s Rongcheng Shenfei Shipbuilding Co. Ltd., China. The shipyard was selected for building the vessel through competitive global tendering process. The vessel would be built to specifications complying with the latest international and national rules and regulations


Wartsila Chosen to Supply "Bangkok-Max" Container Ships

Wärtsilä will supply the main engines for the first series of eight "Bangkok-max" container ships being built at the Guangzhou Wenchong Shipyard in China. The ships, ordered in June, will serve as feeder vessels in Asian waters. The scope of supply includes eight Wärtsilä RT-flex60C main engines, which will be built by a Wärtsilä licensee, Hudong Heavy Machinery (HHM), based in Shanghai


Korea-built Container Ships for Evergreen Named

Photo credit Evergreen

Naming ceremonies held at  Samsung Heavy Industries Shipyard for two 8,542 TEU L-class container ships built for Evergreen. Ever Laden, the second L-type containership of Evergreen Line, was christened by S.S. Lin, the Evergreen Group's First Vice Group Chairman, at the Samsung Heavy Industries shipyard. The ceremonial rope cutting for the new 8,452-TEU vessel was performed by Mrs. Mei-Sui Lin in a ceremony attended by dignitaries from Taiwan and abroad.


Construction Starts on Crowley’s 2nd LNG ConRo Ship

Image: Crowley

Construction begins on Crowley’s second Commitment Class, LNG-powered ConRo ship for use in the Puerto Rico trade   Shipbuilder VT Halter Marine, Inc. has officially started the construction of Taíno, the second of two liquefied natural gas (LNG)-powered


CMA-CGM to Call Port of Baltimore

International container shipping company CMA-CGM of France announced that it will begin service within the next couple of weeks to the Helen Delich Bentley Port of Baltimore.   The Port of Baltimore has been added to CMA-CGM’s Liberty Solo service which also includes visits to ports


Shreyas Shipping Turns Around

Picture: Shreyas Shipping and Logistics

 Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs. 4.32 crore ($675,000) in the previous year.   According to Rajesh Desai, CFO, Shreyas Shipping


Wärtsilä Bags BWM Systems Order from Jinhai Shipyard

BWMS Aquarius UV systems. Photo credit: Wärtsilä Corporation

 Wärtsilä Corporation, has received an order for ballast water management systems (BWMS) for three new container ships being built for a major European shipping company at the Jinhai Shipyard in China.   The vessels will be fitted with Wärtsilä Aquarius UV systems


Shipping Freight Rates Drop Amidst Overcapacity

file image: a containership docked at the port of Oakland, CA

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility in the market as vessel operators continue to wrestle with overcapacity. Rates for transporting containers from Asia to Northern Europe


Indonesia Rolls Out First Green Container Terminal

Image by PT Pelabuhan Indonesia III

 It was an historic moment for Indonesia when President of Indonesia inaugurated the Lamong Bay Terminal in Surabaya, East Java, operated by state-owned PT Pelabuhan Indonesia III (Pelindo III).   The Lamong Bay is the first green-concept container terminal in the country


Baltic Mercur II makes maiden voyage to Antwerp

Courtesy port of Antwerp

  This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf. After long deliberation and extensive analysis, the company has chosen to anchor the European extension of


Dortmund Port's Throughput Up

  In 2014, Dortmund’s combined goods throughput on ships and trains amounted to 5.7 million tonnes, compared to 5.3 in the previous year. 2.9 million tonnes (+600,000) of this was ship related. The corresponding growth of 24% is the strongest since the start of the global economic


Maersk Line to Reduce CO2 Emission per Container by 60%

Photo: Maersk Line

 The world’s largest container shipping company Maersk Line has set itself a bold new target to cut CO2 emissions by 60% by 2020.   The company has stated that its emission reduction plan will save the climate around 200,000,000 tons of CO2


Hyundai Heavy Delivers 2,000th Ship

Photo: Ocean BlackLion, 2,000th Ship HHI Delivered

 Hyundai Heavy Industries (HHI) has become the world's first shipbuilder to deliver its 2,000th ship. The world's largest shipbuilding company delivered a drillship, "Ocean BlackLion," to U.S. oil drilling firm Diamond Offshore at the Ulsan shipyard Friday.  


Snarled in Traffic, Intermodal Answers Include the Water

Joseph Keefe is the lead commentator of  MaritimeProfessional.com.

It was just last month that the (challenged) Keefe family packed up the SUV and set out for a little bit of spring break fun, mixed in with a college visit for my son, who will be a senior in high school next Fall. The decision to drive was, in part


DuPont to Introduce Scrubber at Nor-Shipping

James R. Weigand (Photo: DuPont)

Belco Technologies Corporation (BELCO), a DuPont company, will introduce the DuPont Marine Scrubber (formerly the BELCO Marine Scrubber) at shipping and maritime exhibition Nor-Shipping in Oslo.   James R. Weigand, president, DuPont Sustainable Solutions, said, “Over the last year


SITC Inks Deal with Qingdao Port

6th left Mr. Zheng Minghui, Chairman of Qingdao Port Group; 7th left Mr. Yang Shaopeng, Chairman of SITC

SITC International signed a strategic cooperation agreement with Qingdao Port International Co., Ltd. in Qingdao yesterday in order to further strengthen the strategic cooperation in the port and logistics market. Mr. Zheng Minghui, Chairman of Qingdao Port Group, Mr


First Damen Twin Axe for Offshore O&G

Contract signing

  To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities. The Netherlands-based company will deploy the new vessel on long-term charter for a major E&P


Wärtsilä wins BWMS Order for 3 Vessels

The Wärtsilä Aquarius UV Ballast Water Management system utilises a two-stage approach involving filtration and medium pressure UV disinfection technology

  Wärtsilä has received another important order for its Ballast Water Management Systems (BWMS). Three new container ships being built for a major European shipping company at the Jinhai Shipyard in China will be fitted with Wärtsilä Aquarius UV BWMS






 
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