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
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
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.
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
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
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
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
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.
Authorities searching for an overboard sailor 10 miles off Sabine Pass, Texas The U.S. Coast Guard (USCG) and the crew of a nearby ship are searching for a crewman who fell overboard while painting the side of a bulk carrier at anchor about 10 miles off Sabine Pass, Texas, Saturday.
Wärtsilä ballast water management systems will enable Japanese bulk carriers to achieve compliance with environmental regulations Six new bulk carriers being built at the Namura and Onomichi shipyards in Japan are to be fitted with 12 Wärtsilä Aquarius UV ballast water
On Friday, December 12, Ferus Smit’s Nb. 413, christened Arklow Brave, was launched at its Westerbroek yard. Arklow Brave is the fifth vessel in a series of six that will be delivered a client from the city of Arklow, Ireland. The design is a bulk oriented general cargo ship that
Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with Clearlake Shipping Pte. Ltd., Singapore, a member of the Gunvor Group, for one of its Capesize dry bulk vessels, the m/v New York.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from an unaffiliated third party seller, a newbuilding Capesize dry bulk vessel of approximately 180,000 dwt
Global conglomerate Libra is snapping up container ships, betting on a sector recovery and lower oil prices which will cut costs and boost profitability, the group's chief executive said. Libra has proved adept at buying and selling assets since 2008 -- making significant returns on investments
Capesize rates fall to six-year lows; rates below ship operating costs, according to accountancy firm. Rates for capesize bulk carriers on key Asian routes, which crashed close to six-year lows on Wednesday, will continue their inexorable fall in the face of few fresh cargoes, brokers said.
Concordia Maritime takes a position in the Stena Bulk’s Suezmax fleet corresponding to a 50 percent charter of one tanker. The transaction was done by Stena Bulk and the vessel will operate during one year on the open spot market in the successful Stena Sonangol Suezmax pool
Rolls-Royce is to deliver an extensive package of advanced deck machinery to six new high-end anchor handling tug supply vessels (AHTS) to be built by Kleven in Norway for the Danish ship owner Maersk Supply Service. The contract with Kleven is worth in excess of £54m to Rolls-Royce
ClassNK and leading global maritime software company NAPA have announced a new joint project to reduce the time and cost of designing vessels in accordance with the new IACS harmonised Common Structural Rules. The new project will enhance the data linkage between ClassNK’s
Pension funds, squeezed by low interest rates, are exploring investments in shipping in their hunt for higher returns, hoping to benefit once this industry starts to recover from one of its worst ever downturns. There are signs of a gradual pick-up in world trade and ship values for the first
Concordia Maritime signed time-charter contract for two P-MAX tankers and launched a pool with four vessels. The time-charter contracts are with Stena Bulk and cover the wholly owned Concordia Maritime tankers Stena Perros and Stena President, for one year each
Rolls-Royce has won a £12 million order to provide design, integrated power and propulsion systems and equipment for a highly advanced multipurpose service vessel for the Norwegian ship owner Myklebusthaug Management to be built at the Beşiktaş Shipyard in Turkey.
MacGregor, part of Cargotec, has secured a deck equipment contract from New Times Shipyard in China for Intership Navigation Co Ltd.'s three new 36,500 dwt laker-class bulk carriers. The vessels will each feature an optimized MacGregor cargo-handling system comprising MacGregor cranes and hatch
Stena Bulk reports it is the first Swedish shipping company to join the World Ocean Council (WOC), a global organization that converges a diverse range of maritime operations to promote the sustainable use of the world’s oceans.