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Bulk Orders

MHI & Imabari Shipbuilding Agree Container Ship Collaboration

Mitsubishi Heavy Industries, Ltd. (MHI) and Imabari Shipbuilding Co., Ltd. have signed a technological collaboration agreement on container carriers The initiative aims to combine MHI's technological capabilities, as in the development of energy-saving vessels, and Imabari's strong cost competitiveness, in order to establish an advantageous framework for competing in the international shipbuilding market. By effectively utilizing the shipyards of both companies, together MHI and Imabari will become capable of flexibly accommodating bulk orders - e.g. construction of multiple ships of the same design - thus strengthening and expanding their respective business for high-value-added container carriers. The three-year collaboration agreement, which can be extended upon discussion, encompasses all container carriers, without setting limitations on container carrying capacity or propulsion systems. Going forward, for business opportunities relating to container carrier construction, the two companies will exhaustively consider the appropriate ship type, propulsion system and other technological features to match the shipowner's needs, and propose the optimum solution.
 MHI is recognized as a pioneer in Japan's container carrier construction industry, completing the Hakone-maru, the first Japanese-built container ship, for Nippon Yusen Kabushiki Kaisha (NYK Line) in 1968. To date MHI has built 147 container carriers in total (including vessels currently under construction).


International Rescue for Tanker Market?

Graph: E.A. Gibson Shipbrokers Ltd

 Gibson tanker report says that as owners head back to work after their summer breaks, many will no doubt have to do some serious thinking as we approach the final quarter of 2016.   "Last summer we were reporting about the orderbook swelling, and it continued to do so throughout the remainder of 2015," says the report.   A few owners switched dry bulk orders to tankers and the orderbook was further swelled by an influx of orders ahead of the Tier III regulation


Hyundai Heavy Foreign Ship Orders At $440M

Hyundai Heavy Foreign Ship Orders At $440M South Korea's Hyundai Heavy Industries Co. won $440 million in foreign shipbuilding orders for 11 vessels so far this month. The details are as follows: -Taiwan's Yangming Marine Transport Corp. ordered two 5,500 teu container carriers -A Greek shipping firm ordered two 172,000 dwt bulk carriers -An Indian shipping firm ordered one 75,000 dwt bulk carrier -South Africa's Safbulk ordered four 172,000 dwt bulk carriers


China Shipyards Get B.Delta Design Bulker Orders

B.Delta Design Bulker: Photo credit Deltamarin

The latest batch of orders for Deltamarin's B.Delta design bulk carriers comes from international shipowners, all to be built in China. The B.Delta43 order by the German ship owner HBC Hamburg Bulk Carriers at CSC Qingshan Shipyard and the B.Delta37 order by the Tunisian ship owner Transbulk at Yangfan shipyard are the latest additions to Deltamarin’s B.Delta series. On top of these new orders, China Navigation Company (CNCo) has exercised an option for another four B


JACCAR Holdings Enters Into Gas and Dry Bulk Ownership

Greenship Holdings, a fully-owned Singapore subsidiary of JACCAR Holdings, has established two separate entities to expand into ship-owning and operating activities in the gas and dry bulk sectors. Greenship Holdings is aiming to own and operate advanced, fuel-efficient and environmentally-friendly vessels. Its original commitment, totaling 30 vessels in the gas and dry bulk sectors, with a total investment of around $900 million


W Marine Orders Green Dolphin 84s Bulk Carriers

Greek shipowner W Marine Inc. has ordered a series of post-Panamax bulk carriers based on the Green Dolphin 84S design. The design was developed by the Shanghai Merchant Ship Design & Research Institute (SDARI) with support from DNV GL. Managing Diriector of W Marine Inc., Nikolaos Triantafyllakis said, “The aim of the company, in line with the wishes of its founder, Yiannis Sarantitis, is to build up a homogeneous fleet of vessels ranging in size between Panamax to post-Panamax


Massoel S.A. Orders Three Bulk Carriers

Swiss shipowner Massoel S.A. reportedly has ordered three Handymax bulk carriers in cooperation with Norway's B Skaugen shipping group. The 46,000-dwt vessels are scheduled for delivery between March and October 2001 from Japan's Mitsui Engineering and Shipbuilding. Skaugen has stakes in two of Massoel's existing bulk carriers while Massoel has an interest in the Norwegian company's Handymax bulk carrier Skaustrand.


W Marine Orders Green Dolphin 84s Design Bulk Carrier

Green Dolphin 84S design

  Greek shipowner W Marine Inc. has ordered a series of post-Panamax bulk carriers based on the Green Dolphin 84S design. The design was developed by the Shanghai Merchant Ship Design & Research Institute (SDARI) with support from DNV GL. Managing Diriector of W Marine Inc., Nikolaos Triantafyllakis says: “The aim of the company, in line with the wishes of its founder, Yiannis Sarantitis, is to build up a homogeneous fleet of vessels ranging in size between Panamax to


Great Eastern Shipping to Sell Large Cargo Ship

Picture: Great Eastern Shipping Company Ltd

 India's largest private sector shipping firm Great Eastern Shipping Company Ltd. (GE Shipping) has signed a contract to sell a 1996-built capesize dry bulk carrier Jag Arjun by this March-end.  "The vessel will be delivered to the buyers during the fourth quarter (January-March) of the current fiscal," the company said in a statement.   Capesize dry bulk carriers, the largest cargo ships plying in international waters, are mainly used to transport coal


Japanese Foreign Ship Orders Increase

Japanese shipyards received in October foreign orders for 44 vessels totaling 1,583,880 gt, the Japan Ship Exporters' Association reported. The tonnage jumped 728.4 percent compared to orders received a year earlier, a spokesperson said. Thirty-five orders were for bulk carriers, seven for freighters and two for oil tankers. The statistics cover orders received by association members for steel vessels of 500 gt or more.


Bulkcarrier Fleet Growth In Limbo?

Graph: Clarksons Research

 The pace of bulkcarrier fleet growth has fallen sharply since 2010, when the fleet grew by a record 17%, says a Clarksons Research report.   In 2016, the supply side response to difficult market conditions saw the bulker fleet grow at the slowest pace so far this century


First LNG-fueled Aframax Tankers Ordered

Image: Hyundai Heavy Industries Group

Hyundai Heavy Industries Group reports $240 million order for the world’s first liquefied natural gas (LNG) fueled aframax tankers   Hyundai Heavy Industries’ shipbuilding affiliate Hyundai Samho Heavy Industries (HSHI) said it recently won a $240 million order to build four 114


GE Shipping Buys New Vessel

Photo: The Great Eastern Shipping Co. Ltd

 The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt.    The 2006 built vessel is expected to join the Company’s fleet in Q1 FY18.  


Golden Ocean Acquires 16 Dry Bulk Ships

Golden Ocean Group Limited said it has entered into agreements to acquire 16 dry bulk vessels,14 of which will be acquired from subsidiaries of Quintana Shipping Ltd., and two ice class Panamax vessels will be acquired from subsidiaries of Seatankers, an affiliate of Hemen Holding Ltd


Stena Bulk Takes Control of Stena Weco

Erik Hånell (Photo: Stena Bulk)

Stena Bulk has agreed to purchase the remaining 50 percent of the shares in Stena Weco from its partner WECO Shipping.   Stena Weco will thus be wholly owned by Stena Bulk. Stena Weco’s head office will remain as it is today in Denmark in addition to the regional offices in Singapore


Dry Bulk Fleet Grows as Supply Surges -BIMCO

© Faraways / Adobe Stock

As the dry bulk fleet grew by 2.6 percent year on year in January 2017 it exceeded 800 million DWT. This was due to dry bulk demolition being half of what is was in January 2016, while total dry bulk deliveries reached its highest level since January 2013.


Damen Delivers Tug to Foyle Port

Strathfoyle (Photo: Damen Shipyards)

Damen Shipyards Group has delivered an ASD 2310 Tug to Foyle Port. The official handover of the new vessel – named Strathfoyle – took place at a short ceremony attended by the port’s staff, clients and stakeholders. Taking the position as most powerful tug at the port


Stena Impeccable Delivered to Stena Bulk

Stena Impeccable (Photo: Stena Teknik)

 Sten Bulk has taken delivery of Stena Impeccable, the 10th of 13 new IMOIIMAX tankers ordered from Guangzhou Shipbuilding International (GSI) in China.   The tanker, which is wholly owned by Stena Bulk, will be operated by Stena Weco and will sail in the company’s logistics


Star Bulk Acquire Two Modern Kamsarmax Vessels

Photo: Star Bulk Carriers Corp.

 Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has entered into definitive agreements to acquire two modern Kamsarmax drybulk carriers from an unaffiliated third party for an aggregate total consideration of approximately


Diana Shipping Announces Time Charter Contracts for Philadelphia

M/S Philadelphia. Photo:  Diana Shipping Inc

 Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia.   


Star Bulk Awarded USCG Qualship 21 for 30 Vessels

Photo: Star Bulk

The U.S. Coast Guard (USCG) has awarded Qualship 21 status to 30 bulk carriers owned and operated by Star Bulk Carriers Corp., the largest U.S. listed dry bulk operator.   The Qualship 21 program rewards high quality ships sailing under qualifying flags.  


Dirty Ship Ordered to Leave New Zealand

Photo: Port of Tauranga

 Indonesian bulk carrier  DL Marigold has been ordered to leave port of Tauranga  in New Zealand waters after its hull was judged to be threat to bio-security.   The Ministry of Primary Industries (MPI) has sent the ship packing from Tauranga because of its dirty hull - the


How Eagle Bulk Shipping is Using Big Data

(Photo: Eagle Bulk Shipping)

It may come as some surprise, but Eagle Bulk Shippng is a progressive leader in the use of big data to monitor and manage its fleet. Jonathan Dowsett, Senior Fleet Performance Manager, explains in a recent interview with Maritime Reporter TV.  


Pilbara Marine Orders 6 Rotor Tugs

left to right: Jos van Woerkum (Managing Director, Damen Shipyards Hardinxveld), Roland Briene (Area Sales Manager, Damen Shipyards Gorinchem), Simon Evans (Technical Advisor), Rebecca Hayward (Legal Manager Strategic Contracts / Developments at Fortescue Metals Group), Vincent Maes (Area Sales Manager, Damen Shipyards Gorinchem), Peter Huston (Director – Corporate, Fortescue Metals Group), John Krielaart (Design & Proposal Engineer, Damen Shipyards Gorinchem), Arnout Damen (CCO, Damen Shipyards

Pilbara Marine Pty Ltd, a wholly owned subsidiary of Fortescue Metals Group Ltd has placed an order with Damen Shipyards for the building of six, 32-meter Rotor Tugs. These will be deployed at the company’s operations at Port Hedland on Australia’s west coast


Algoma, Nova Marine Form JV

Pic:  Algoma Central Corporation

 Canada-based Algoma Central Corporation  and Switzerland's Nova Marine Carriers SA  have announced that they are exploring an expanded partnership that is expected to lead to the creation of a global company specializing in short-sea dry bulk shipping.    






 
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