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).
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
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.
Stena Bulk, which recently confirmed an order at Samsung Shipyard for six in-house designed Suezmax tankers for delivery in 2011/2012, has now placed further one order of a Suezmax tanker – the seventh in the series. The vessels have been designed by Stena’s own design department in accordance with the most advanced technology available today. The result is dramatically improved energy efficiency, which will, among other things
Star Bulk Carriers Corp. announced that on September 23, 2013, the company entered into agreements with Shanghai Waigaoqiao Shipbuilding Co. Ltd. (SWS) for the construction of two 208,000 dwt Newcastlemax drybulk vessels each with fuel efficient specifications and expected deliveries during the first half 2016. On September 27, 2013, the company entered into agreements with Nantong COSCO KHI Ship Engineering Co. (NACKS), for the construction of two 61
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
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
Wärtsilä Corporation was awarded contracts to supply RT-flex50 common-rail low-speed engines, propellers and Auxpac generating sets to Goodearth Maritime Ltd of Chennai, India, for six 53,000 tdw handymax bulk carriers. For each ship, Wärtsilä will deliver a six-cylinder RT-flex50 common-rail low-speed engine with a maximum continuous power of 9720 kW at 124 rpm, together with a Wärtsilä fixed-pitch propeller and three 645 kWe Wärtsilä Auxpac generating sets.
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.
Mitsubishi Heavy Industries, Ltd. (MHI) has developed a new bulk carrier which it repotes will enable reductions in CO2 emissions by about 25% compared with conventional averaged bulk carriers. As the first commercial application of the new design, MHI will provide its conceptual design and green technologies to three grain carriers to be built for Archer Daniels Midland Company (ADM) of the U.S. MHI's new bulk carrier design adopts the company's proprietary Mitsubishi Air Lubrication System
The announcement that the federal government will stop bulk lithographic printing of nautical charts brought some understandable angst, however NOAA say they may be changing the chart production process but they will NOT stop the production of paper charts.
Classification society ClassNK and Rio Tinto Iron Ore (part of the Rio Tinto Group, one of the world’s largest metal and mining companies), announced that they have signed a collaborative agreement focused on the safe carriage of iron ore.
The Norwegian firm OceanSaver, a provider of ballast water treatment (BWT) systems for medium and large vessels, has just marked its 10th birthday with the news that 2013 will be its best ever year for sales. CEO Houtan Houshangi has revealed that the company has secured over 50 orders for its
The bulk ship owners announce its initial public offering of 15,500,000 common shares, granting the underwriters a 30-day option to purchase up to 2,325,000 additional common shares. Scorpio say that the net proceeds of this public offering are expected to be used to fund newbuilding vessel
Leading US Gulf Coast port and cargo solution provider, Millard Maritime®, & HELM Fertilizer Corporation, a major fertilizer distribution and marketing company for the Americas, have jointly agreed to import HELM products to the Millard Maritime facility in Theodore
Scorpio Bulkers Inc. has entered into agreements to purchase five Kamsarmax dry bulk vessels currently under construction in a Chinese shipyard as listed below: Yard
China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, expects to report a substantial full-year loss just months after it appealed to the government for financial help, reports Reuters. Analysts have indicated that the company could be the biggest casualty of
Recent orders for Liebherr Mobile Harbor Cranes (LHM) from the Middle East include two LHMs and the first LiSIM LHM550 unit for the region, paving the way for state-of-the-art crane operator training. Additionally, one Liebherr Reachstacker has been delivered to the region.
COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers. The two bulk carriers are scheduled for delivery in the fourth quarter of 2014. About COSCO
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that yesterday through a separate wholly-owned subsidiary, it entered into a time charter contract with Clearlake Shipping Pte., Ltd., Singapore, a member of the Gunvor Group
Northrop Grumman Corporation is introducing the VisionMaster FT Electronic Chart Display and Information System-E (ECDIS-E), a new cost-effective navigation solution for commercial tankers, container ships, bulk carries and passenger ferries including retrofit installations.
Significant volumes of dry bulk carrier orders, most of them for Chinese shipyards, are reported by Clarkson Hellas in their latest S&P Weekly Bulletin, as follows: Starting with the large sizes in dry, Oldendorff Carriers are reported to have declared the sixth in a series of 207
Scorpio Bulkers Inc. has entered into agreements for the purchase of six Kamsarmax dry bulk vessels and two Ultramax dry bulk vessels, as listed below: Shipbuilders Shanghai Waigaoqiao Shipbuilding Co. 82,000 dwt Q2-14 delivery date
Rolls-Royce has announced that it has won an order to provide design and integrated equipment packages for two UT 771 WP platform supply vessels to be built by Sinopacific Shipbuilding Group Co. Ltd (SINOPACIFIC), a shipbuilder in China. The contract incorporates MTU-engines as part of an
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it took delivery of the m/v P. S. Palios (formerly JK Pioneer), a 2013 built Capesize dry bulk vessel of 179