A Consortium led by the U.K.-based Graig Group and its China-based subsidiary have given a boost to the Diamond 53, a new, future-proof double-hull ultra-handymax bulk carrier design, by signing a letter of intent to build four vessels, with four options, at CSIC yards in China. Delivery of the first of a series of Diamond 53 type vessels is scheduled for 2004. "Double hull bulk carriers are the way forward," says Hugh Williams, CEO of Graig. "The Diamond 53 design developed over the past 12 months offers owners and charterers major operational cost savings, while significantly enhancing safety and environmental protection. The design features ensure that the vessel will exceed any future standards which come out of the studies into bulk carrier safety which IMO and IACS are currently conducting. Given our experience of successfully building over 25 vessels for a range of prominent shipowners building in China, and the excellent financial package we have developed for this design, we are very confident that the Diamond 53 will give us a competitive advantage in what is a changing and demanding market place." The Diamond 53 ultra-handymax double-hull bulk carrier design has been developed jointly by Graig and Denmarks' Carl Bro, with whom Graig has a joint venture design company based in Shanghai. While the vessel has been designed with very much the future in mind, it is firmly based on
Press release - GE Marine and Dalian Shipbuilding Industry Company (DSIC) announced it has obtained Lloyd’s Register’s (LR) Approval in Principle (AiP) for the jointly developed gas turbine-powered LNG carrier design, the two companies announced at the Marintec China 2015 trade show. “With the AiP in hand, customers can feel confident in procuring a COGES-powered LNG carrier through DSIC, said Brien Bolsinger, Vice President, Marine Operations, GE Marine, Evendale
ABS granted engineering company GTT approval in principle (AIP) for a 32,000 m capacity LNG carrier design. "While a few membrane LNG carriers in the 20,000 m capacity range were built in the 1990s, this is the first new design to be introduced since that time," said ABS Vice President, LNG, Patrick Janssens. The reason for this innovation, Janssens says, is the development of new markets that have led to a keen interest in smaller LNG carrier designs.
Mitsubishi Heavy Industries, Ltd. (MHI) has entered into an agreement with Odense Maritime Technology A/S (OMT) of Denmark, a provider of ship design services, on collaboration in ship engineering business. The companies said they plan to combine abundant track records in shipbuilding business to target speedy development of diverse ship types in a quest to expand their licensing business. Under the newly agreed collaborative arrangement
Ship efficiency is just as relevant and important in a bearish oil market as when shipowners have to pay over $600 for a metric ton of heavy fuel oil, Newport Shipping avows. Hakan Ozcan, the Chief Financial Officer of Ecoships, the technical ship management arm of Newport Shipping Group, said, “With crude oil prices at their lowest since April 2009, the temptation is to put your foot on the gas and speed up a bit but this is not the way forward
Classification society ClassNK has granted Approval in Principle (AIP) to a 98,000 dwt LNG-fueled bulk carrier design developed by Maritime Innovation Japan Corporation (MIJAC). ClassNK said it carried out the safety evaluation of the vessel and approved the concept design based on the International Code of Safety for Ships using Gases or other Low flashpoint Fuels (IGF Code), which will come into effect from January 1, 2017, as well as ClassNK’s Guidelines for Gas Fueled Ships
I’ve been to many ship and boatbuilding facilities ... domestic and foreign; large and small; modern and antiquated. In fact, traveling to shipyards, witnessing first hand the different means incorporated to build ships and boats and meeting the people responsible, is probably the best part of my job. Naturally, I’ve seen many different types of vessels in varying degrees of build, from the largest cruise ships and LNG carriers to the smallest tugboats and water taxies.
The Turkish shipbuilder Cicek Shipyard has launched a new 25,000dwt bulk carrier design at the SMM 2008 exhibition in Hamburg (23 - 26 September). Full details are available from the company on Stand 151, Hall A. The current handy-size bulk carrier fleet is now ageing and Cicek believes that many owners will soon be placing orders for replacement tonnage that both meets new regulations and offers improved efficiency. Its new vessel, which was designed in-house, qualifies on both counts
GTT’s Mark III LNG cargo containment system reduces the boil-off rate from LNG carriers by one third. Mark III is GTT’s well-established containment system. This has now been further developed to reduce the boil-off rate from 0.15% to 0.10% of the cargo volume per day. The common industry practice has been to build LNG carriers with boil-off rates of 0.15% of the cargo volume per day, reflecting the typical need for boil-off gas as fuel on board
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
Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN LOGISTICS to develop the first in a new generation of ships for greener shipping.
GE and Hudong-Zhonghua Shipbuilding Receive ABS Approval in Principle for 178,000m3 LNG Carrier Design to be Powered by GE COGES System GE’s Marine Solutions and Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (HZ) have received Approval in Principle (AIP) from the America Bureau of
GE’s Marine Solutions is showcasing its latest technologies and offerings to date at SMM 2016. Staggering oil prices, strict environment regulations and volatile economic conditions are among the key factors that add uncertainty to the marine industry
The world's first very large ethane carrier (VLEC), Ethane Crystal, has been delivered to India’s Reliance Industries Ltd. by South Korean shipbuilder Samsung Heavy Industries (SHI), representing a significant milestone for the gas shipping industry.
After months of speculation, China confirmed on Thursday it is building a second aircraft carrier to go with an existing one bought second-hand, as neighbours worry about Beijing's new assertiveness to claims in the South China Sea. Defence Ministry spokesman Yang Yujun said the carrier had
Shipbuilders at Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division have installed more than 14 million feet of electrical and fiber optic cable on the aircraft carrier Gerald R. Ford (CVN 78)—enough to reach from Earth to the International Space Station more than
(PRESS RELEASE) ClassNK released its new structural design support system PrimeShip-HULL for Container Carriers to correspond with its latest rule amendments. To promote container carrier safety, ClassNK released amendments to its Rules and Guidance for the Survey and Construction of Steel
Euroseas Ltd, a Greece-based shipping company, took delivery of its newbuilding Kamsarmax dry bulk carrier Xenia and entered into a two-year time charter for its container carrier Evridiki G. The M/V Xenia was delivered from the China-based Jiangsu Yangzijiang Shipbuilding Co
Rolls-Royce inks $6.5 million deal to supply a LNG propulsion package for a newbuild fish food carrier vessel Rolls-Royce has signed a $6.5 million contract with Tersan Shipyard in Turkey to supply a liquefied natural gas (LNG) propulsion package for a cargo carrier designed by NSK Ship
Vroon Offshore Services, a Dutch offshore shipping company, has announced that the launching took place last week at COSCO Guangdong Shipyard,China of Gudali Express. The vessel is the seventh and last newbuilding livestock carrier to be built for Vroon at this shipyard
153rd meeting of the classification society highlights class-centric strategy and vision for the future of class ABS held its Annual Meeting on April 26, 2016 in New York, where Chairman, President & CEO Christopher J. Wiernicki reported that “2015 was a year of moving forward
Wärtsilä is to team up with an international group of shipping industry companies and organisations in a project to develop a concept for equipping future dry bulk carrier vessels with LNG propulsion. Project Forward is led by Athens-based Arista Shipping
Ship construction rules for oil tankers and bulk carriers submitted by 12 classification societies conform to the goals and functional requirements set by the International Maritime Organization (IMO), marking a new development in how international standards for ship construction are determined
ABS, a provider of classification services to the global marine and offshore industries, has teamed up with partners Arista Shipping, Deltamarin, GTT and Wärtsilä in the “Project Forward” joint development project (JDP) to develop a dry bulk carrier concept that employs LNG
Kalmar, part of Cargotec, announced today that it will expand the FastCharge technology into its hybrid straddle and shuttle carrier product portfolio. The new Kalmar FastCharge Hybrid Straddle Carrier will be the first of its kind on the market