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First Order

STX Gets First Order for LNG Tanker

STX Shipbuilding Co., received its first order to build a liquefied natural gas tanker. The shares climbed to a record. Spain's Empresa Naviera Elcano SA agreed to buy the vessel for $225m, with an option to purchase three more LNG tankers, which may increase the value of the contract to $1 billion, the Jinhae, South Korea-based company said in a regulatory filing yesterday. Hyundai Heavy Industries Co. and other South Korean yards took almost half of last year's orders in the $100 billion global ship industry, as demand for fuel and global trade encouraged shipping companies to expand their fleet. STX Shipbuilding said it will focus on more expensive vessels that carry energy products including oil and liquefied natural gas. (Sourc: Bloomberg)


Greenbrier Announces Three New Marine Orders

The Greenbrier Companies announced today that its Gunderson Marine division in Portland, Oregon has received orders for three oceangoing deck cargo barges valued at approximately $25 million. Coupled with other recent orders, Greenbrier's marine backlog is now valued at over $35 million, and extends into mid-2005. The first order is for a 360' deck cargo barge for Alaska Marine Lines, a Lynden Company, the third in a series of such barges it has ordered from the


China Orders First Wärtsilä RT-flex35

Image courtesy Wärtsilä Corporation

Wärtsilä has received the first order for its new Wärtsilä RT-flex35 two-stroke engine. The Wärtsilä licensee, Yichang Marine Diesel Engine Co. (YMD), manufacturing low-speed marine engines in China, has signed a contract with Ningbo Donghai Shipping Co. Ltd to deliver five Wärtsilä RT-flex35 engines for a series of five chemical tankers.   "Among low-speed engines with smaller bores


Wärtsilä 32, 6000 Engines Delivered

2009_04_14_fig1_web.jpg

The Wärtsilä 32 engine reached an important milestone in March as the 6000th engine rolled out of the Wärtsilä factory in Vaasa, Finland. This engine is efficient, has low emissions, and is able to run on various liquid fuels. The engine still attracts new customers worldwide both in the marine and energy industries. Moreover, most of the engines built 30 years ago are still in use.   In March


Hamworthy to Supply MBR for Radisson Seven Seas

Hamworthy KSE has received its first order in the commercial sector for its new MBR (membrane bioreactor) system for black/grey water treatment. Radisson Seven Seas is the first cruise company to confirm an order for the advanced sewage treatment system. Under a contract worth $1million, the MBR system was installed aboard the 28 500 tonne Seven Seas Navigator, which had been converted to the new sewage treatment technology while in drydock at the Mariotti yard in Italy.


KMSS Gets Orders

Kongsberg Maritime Ship Systems (KMSS) has recently won a number of orders for its cargo monitoring systems in Japan and Korea. These new orders are collectively worth over $1 million and firmly establish KMSS as a major player in these lucrative markets. The first order is for a Custody Transfer System (CTS) for MOL and Qatar Gas Hull 1561 currently under construction at Mitsui Engineering and Shipbuilding Co., Ltd. in Japan


This Day in Naval History - March 07

1778 - Continental Navy frigate Randolph (32 guns) engages HMS Yarmouth (64). Randolph explodes and sinks with the loss of all but four men. 1958 - Commissioning of USS Grayback (SS 574), first submarine built from keel up with guided-missile capability, to fire Regulus II missile. 1960 - USS Kearsarge (CVS 33) rescues four Russian soldiers from their landing craft 1,000 miles from Midway Island.The Soldiers were drifting several weeks after their engine failed off Kamchatka Peninsula.


This Day in Naval History - March 07

1778 - Continental Navy frigate Randolph (32 guns) engages HMS Yarmouth (64). Randolph explodes and sinks with the loss of all but four men. 1958 - Commissioning of USS Grayback (SS 574), first submarine built from keel up with guided-missile capability, to fire Regulus II missile. 1960 - USS Kearsarge (CVS 33) rescues four Russian soldiers from their landing craft 1,000 miles from Midway Island.The Soldiers were drifting several weeks after their engine failed off Kamchatka Peninsula.


MAN Diesel to Power Catamarans

MAN Diesel announced a contract for eight engines to power two catamarans. The catamarans will be the latest in a series of fast multihull ferries from leading catamaran exponent Incat of Tasmania, Australia. With an overall length of 367 ft. and a beam of 98 ft., the new catamarans are the largest ever built in Australia. The new contract also involves the first orders received for the 28/33 D diesel since the engine’s transfer from MAN Diesel’s UK facilities to its engine works in


Maersk Drilling to Buy Seven New Rigs by 2017

Denmark's Maersk Drilling will invest up to $8 billion to buy seven new oil rigs by 2017, undeterred by waning global energy demand The drilling unit of A.P. Moller-Maersk plans to place the first order within the second half of 2013 as part of its campaign to double its fleet to 30 over the next five years, says a Reuters report by Randy Fabi. "We are pursuing this plan despite the world economic situation. So far, we haven't found a reason to change


Asian Shipyards: Outside The Usual Suspects?

Graph: Clarksons Research

 Although many builder countries struggled to win new orders in 2015, yards in the Philippines, Vietnam and Taiwan managed to increase their combined share of global ordering to its highest level on record, says Clarksons Research.  


Vard Back in the Black

OSCV for Farstad under construction at Vard VungTau Photo Vard Holdings

Presenting its financial results for the first quarter ended 31 March 2016 today Vard Holdings Limited announced a net profit of NOK 43 million for the period, as compared to a loss of NOK 226 million a year back. Over the past quarter, VARD had focused on efforts to grow in new markets while


Ocean Rig buys Cerrado drillship

Photo: Ocean Rig

 Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant Libra prospect offshore Brazil, following its owner Brazil-based Schahin Group bankruptcy declaration last April.  


Nauta Bags Two Fishing Vessel Orders

Image: Nauta

Nauta Shiprepair Yard in Poland has signed two contracts in recent days for building partially outfitted fishing trawlers for its Danish client Karstensens Skibsvaerft AS.   Within the first order Nauta will produce a partly outfitted vessel with length 69.9 meters and beam 14.2 meters


A Mixed Picture For China’s State Yards?

Graph: Clarkson Research

 The shipbuilding groups CSSC and CSIC are well known state-owned builders, but there are also other yards backed by either the Chinese central government or local governments that form part of the government-backed shipbuilding sector in China, says Clarksons Research.  


Xervo Offers Boat-in-a-Box for Commercial Shipping

Lifeboat producer Xervo has now reimagined and redeveloped its Boat-In-A-Box concept to match the needs of the commercial shipping business, and has already landed its first commercial shipping order for delivery in Q2 2016. The new lifeboat combines Xervo’s well-known safety concept with a


Parker Bestobell to Supply Valves for Canadian Tankers

Photo courtesy of Parker Bestobell Marine

Parker Bestobell Marine has received its first order to supply its cryogenic fuel gas valves for new build tankers. The two 15,000-dwt ice-class 1A asphalt and bitumen tankers have been ordered by Groupe Desgagnés of Canada and will be built at Besiktas shipyard in Turkey.


Saudi-Iran Standoff and Oil Tankers

Map by  National Geographic Society

 The Saudi-Iran standoff is certainly one to worry over given its ramifications for oil supply as they sit on either side of the Persian Gulf, the world’s biggest concentration of oil tankers, reports Bloomberg.   The Strait of Hormuz at  the mouth of the Persian Gulf is the


Van Oord’s New Dredger Named

Photo: Damen

A naming ceremony was held at Damen Dredging Equipment in Nijkerk on November 16 for the second of Van Oord’s Damen Cutter Suction Dredgers (CSD) 650, the Mangystau, due to be delivered in the first week of January. The ceremony was attended by members of the Van Oord and Damen families.


MHI Subsidiary in Brazil for FPSO Compressors

Piracicaba Factory of NGM where MCO-B office will locate. Courtesy Mitsubishi Heavy Industries Compressor Corporation

   In December Mitsubishi Heavy Industries Compressor Corporation (MCO), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Hiroshima, will establish a new company in Brazil in a joint venture with Mitsubishi Corporation (MC), to be known as MHI Compressor do Brasil Ltda


Boeing Expects First Maritime Spy Plane Sale in Next Few Years

Boeing Co (BA.N) is in "very serious conversations" with five customers about its new Maritime Surveillance Aircraft, a long-range spy plane based on Bombardier's 605 business jet, an executive said on Tuesday.   Robert Schoeffling


Improved Efficiency from DFDE Propulsion - Study

Simulations indicate diesel electric propulsion can be a fuel efficient solution for LNG carriers under realistic operating conditions.   Power and automation technology group ABB has disclosed details of a study from DNV-GL R&D examining the potential for efficiency improvements of


GasLog Orders Two LNG Carriers

Photo GasLog

  GasLog Ltd. today announced that it has ordered two new 174,000 cubic meter LNG carriers from Hyundai Heavy Industries Co., Ltd. ("Hyundai") in South Korea. The vessels are expected to be delivered in the second half of 2017


Bugsier's First Order with Damen

ASD 2411 - Artist Impression

  BugsierReedereican look back on a history that spans over a century. The company, with the largest tug fleet under German flag,will celebrate their 150th anniversary in 2016, and will also mark the delivery of the newly purchased Damen ASD 2411


Aker Solutions Wins Offshore Mexico Order

Courtesy Aker Solutions

  Aker Solutions won its first order for a project offshore Mexico as it secured a contract from Saipem to supply umbilicals for the Pemex-operated Lakach deepwater natural-gas field. Aker Solutions will deliver electro-hydraulic steel tube umbilicals of about 73 kilometers (45 miles)






 
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