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Spotlight on German Shipbuilding

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German Shipbuilding: Growing order income with new advanced product solutions The German shipbuilding industry has a world market share of around one percent. This is certainly in another league compared to China, South Korea and Japan, which divide the global shipbuilding pie of containerships, bulk carriers and tankers among themselves. But the German shipyards are on top in Europe. Here, around 90,000 people in the shipbuilding and supply industry are employed, and the German maritime cluster remains in strategic and symbolic importance. Aside from the Norwegians, which maintain a strong presence in the offshore segment, the Germans companies are in a worldwide leading position. Recent news about the German shipbuilding has not been the best. But the takeover in early February 2014 of Sietas-Werft – which is based in Hamburg and was traditionally rich, but now insolvent – by Pella Shipyard closes one door, but opens new perspectives for remaining employees. And the future of the P+S-Werft in Wolgast and Stralsund remains unclear. A year and a half after its insolvency, the last newbuild left the assembly hall of the Volkswerft in Stralsund, a RoRo ship for the Danish shipping company DFDS. For this shipyard and for the entire German shipbuilding industry, the prospects of building high-value, specialty ships today holds the most promise for future business.


Wärtsilä Powers 5 Aker Yards Vessels

3D drawing of the LNG-fuelled Platform Supply Vessel being built at the Aker Yards facility at Søviknes, Norway

Wärtsilä Powers 5 Aker Yards Vessels Wärtsilä has signed major contracts with Aker Yards AS Søviknes and Aker Yards AS Trading - the recently established project development arms of the Aker Yards Group - for the supply of propulsion equipment for five offshore vessel projects being built in Norway, India and Brazil. The orders cover the supply of a total of 15 Wärtsilä engines, as well as power generation, automation, and other ancillary equipment.


Wärtsilä to Power Six New Pipe-laying Vessels

Wärtsilä power and positioning systems have been selected for ships being built for use by the Brazilian energy company Petrobras Wärtsilä has been contracted to supply integrated power solutions to six new offshore Pipe Laying Vessels (PLVs) being built for operation in Brazilian waters. The majority of these orders were booked before the second quarter of 2012. The PLVs will be operating for the Brazilian multinational corporation Petrobras for the construction of


Chouest Continues Aggressive Newbuild Program

Edison Chouest Offshore (ECO) plans to continue its newbuilding program. Having already designed, built, owned and operated almost 70 new generation offshore vessels servicing the deepwater oil and gas industry over the past decade, the company plans for 11 new vessels, with options for an additional 14. Construction highlights feature three additional 280-ft. deepwater supply vessels, with an option for 10; four 160-ft


ABB Wins Offshore Contracts of $150m

ABB, a power and automation technology group, recently won six contracts collectively worth more than $150m to supply main electrical systems for drilling rigs and drill-ships built in Asia. The orders were booked during the third quarter of 2008. Among the new orders are three deepwater drilling rigs now under construction at the Jurong Shipyard in Singapore, two drill-ships (Stena DrillMAX ICE and the Pride #4 drill-ship) to be built at Samsung Heavy Industries and another drill-ship for


Aker to Build PSV for Farstad Shipping

Farstad Shipping ASA, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build a UT 751 E platform supply vessel. The hull for the PSV will be built in Romania and outfitting yard will be Aker Yards Brevik. Delivery of the vessel is scheduled for July 2007. The vessel will upon delivery enter into the long term contract that was recently awarded by Norsk Hyrdo


Atlantic Towing, Deep Panuke Project

Atlantic Towing is the successful bidder for EnCana Corporation’s offshore supply vessel services contract for the Deep Panuke Project. This award includes building a new state-of-the-art offshore supply vessel at the Halifax Shipyard. The building and commissioning of the new vessel will employ over 200 shipyard workers at the peak and provide 426,000 person hours of employment.  The new contract will raise total employment levels at the shipyard to over 600 at peak


First Choice Marine Supply in Charleston

First Choice Marine Supply announces it now offers launch services in the Port of Charleston, South Carolina. First Choice now handles all scheduling and pricing of launch services including personnel, spares in transit or deck and engine supplies. President Greg Nielsen said, “We are excited about this new expansion. Our company has been supplying services into Charleston for quite some time. This is one more step for us in our growing relationship with our customers in this market


CH Offshore Charter Out Two AHTS

Singapore's CH Offshore Ltd has chartered out two AHTS vessels on long term bareboat charters to an unamed company. The charter concerns the “Amethyst”, a 2007-built 12,240 brake horsepower anchor-handling tug supply vessel and the “Turquoise”, a 2007-built 12,240 brake horsepower anchor-handling tug supply vessel, for a period of three years each, with an option to purchase at the expiration of the charter. CH offshore


Dredger Builder Delivers Workboats Too

Dredger Workboat: Photo credit IHC Beaver Dredgers

IHC Beaver Dredgers, known for standard cutter suction vessels, continues to deliver workboats to complement its dredgers. For example, the company has supplied another Delta Multi Craft (DMC) 1050 to support an IHC Beaver® 1200 for its operations in Nigeria. The workboat was supplied from stock to ensure a minimum lead time and it has now formed the perfect working partnership with the dredger. The versatile DMC 1050 will assist the dredger in its daily operations


ADB Okays $30mln for Pak LNG Terminal

Image: Port Qasim

 The Asian Development Bank (ADB) has approved a $30 million project loan to Engro Elengy Terminal Private Limited, a special purpose company which will build Pakistan’s first liquefied natural gas (LNG) regasification terminal at the Port Qasim.  


Brent up to $61, First Monthly Gain Since July

Brent premium over U.S. crude widens to $12; China's implied oil demand set to grow 3 percent this year. Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since July, helped by strong investor inflows, an improving demand outlook and supply outages.


Conrad Shipyard Bags LNG Order

Image: Conrad Shipyard

 Energy infrastructure and LNG solutions provider WesPac Midstream and its subsidiary Clean Marine Energy (CME) have awarded a contract to Conrad Orange Shipyard for the construction of a dedicated LNG bunker barge for the marine market in North America.  


Electronics Retrofit for Taiwanese Research Vessel

Ta Kuan (Photo courtesy of L-3 SAM Electronics)

L-3 SAM Electronics has been awarded a contract to retrofit propulsion control and automation systems aboard the Taiwanese Navy’s Ta Kuan hydrographic and oceanographic research vessel.   The 93-meter-long vessel, built by Fincantieri at its shipyard in Muggiano, La Spezia


MMK Boosts Steel Shipments to Shipbuilders

OJSC Magnitogorsk Iron and Steel Works (MMK) supplied 78,000 metric tons of metal products to shipbuilders in 2014, which represents a 37.2% growth year-on-year.   MMK supplies up to half of all metal products sold to the Russian shipbuilding industry


Tall Ship Docked for Repairs

Tall ship Stavros S Niarchos in for general maintenance and repairs

The largest brig to be built in the U.K. in a century sailed into in a Greenock dry dock yesterday for general maintenance and essential winter repairs.   The Stavros S Niarchos has arrived at the Garvel Clyde site, which is owned by Aberdeen-based Dales Marine Services


Christensen, Farren Join Port of Long Beach

Michael Christensen and Glenn Farren appointed to newly created management positions

  The Long Beach Board of Harbor Commissioners this week appointed port industry veterans Michael Christensen and Glenn Farren to newly created management positions to enhance cargo flow and service at the Port of Long Beach. Christensen


WesPac to Build N. America’s First LNG Bunker Barge

Image: WesPac Midstream

WesPac Midstream LLC (WesPac), a provider of energy infrastructure and liquefied natural gas (LNG) solutions, and its affiliate Clean Marine Energy LLC (CME), the global facilitator of tailored solutions for Emission Control Area (ECA) compliance


Propulsion Systems Ordered for Qatar Coastguard Vessels

Image: Rolls-Royce

Rolls-Royce waterjets and MTU diesels to power 17 new patrol boats for the Qatar Coastguard   Rolls-Royce has secured a £15.8 million contract to supply Rolls-Royce MTU high-speed engines and a suite of waterjet propulsion systems for the the Qatar Coastguard’s 17 fast patrol


Top Five Most Costly Insurance Claims

Image courtesy of TT Club

The TT Club has alerted the supply chain industry to a persistence of claims in a handful of loss types. The international transport, freight and logistics insurance provider said it has found that 66% of its claims by number and 62% by value over a five year period can be categorized into just


Russia to Stop Gas to Ukraine Absent Prepayments

The CEO of Russian gas company Gazprom said on Wednesday Russia would stop exporting natural gas to Ukraine unless it received prepayment from Kiev for energy supplies, Interfax reported. Gazprom also said that Ukraine had approximately three days left of prepaid gas deliveries from Russia


Australian Project Sells 2 LNG Cargos

Australia's North West Shelf liquefied natural gas (LNG) export plant sold a cargo to BG Group and Trafigura as part of a recent tender, in which some bidders sought to haul supply into premium European markets, trade sources said.   Plans by several trading companies to ship Australian LNG


Ulstein Delivers PSV Blue Queen

Blue Queen (Photo: Ulstein)

Platform supply vessel (PSV) Blue Queen, of Ulstein’s PX121 design, was delivered to Blue Ship Invest from Ulstein Verft on February 24, 2015. This vessel is the first of two for which Norway-based Golden Energy offshore is awarded the ship management contract.


Maersk Orders Rolls-Royce’s New Anchor Recovery Frames

Image courtesy of Maersk

Maersk Supply Service orders Rolls-Royce’s new Anchor Recovery Frames for newbuild anchor handlers   Maersk Supply Service has exercised an option to add Rolls-Royce’s new Anchor Recovery Frames (ARF) to the supply contract awarded in December for deck machinery for six anchor


Euronav Bullish on Tanker Market

Photo by Euronav

 A robust and sustained recovery in freight rates in both VLCC and Suezmax sectors gained traction during the fourth quarter of 2014 – a feature which has continued and expanded into Q1 2015, says press release from Euronav   






 
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