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Gets Order

STX Gets Orders for Tankers

GESCO(Great Eastern Shipping Co., Ltd.) of India has ordered four 47,400 DWT Product Oil/Chemical Tankers from STX Shipbuilding. The vessels ordered have a length of 183m, a breadth of 32.2m, a depth of 19.1m with a service speed of 14.8 knots. The tankers are scheduled to be delivered by 2007. GESCO is an Indian government enterprise established in 1948, and this is its first dealing with STX Shipbuilding.


Flensburger Gets Orders for RoRos

Cobelfret NV of Belgium has exercised two options for Flensburger’s ConRo 220 type. The new vessels measure 641 ft. The first vessel will be delivered in November 2010, and the second vessel in February 2011. Since 1998 FSG has acquired 38 contracts for RoRo Ferries.


Samsung Gets Orders for 14 Ships

According to reports, Samsung Heavy Industries Co., has received orders for 14 container ships worth $1.5 billion from three companies including Panama's Naviera Daniela SA and Greece's Danaos Shipping Co. Samsung Heavy will deliver the ships by November 2009, the said in a regulatory filing to the Korea stock exchange today. The orders today raise Samsung Heavy's total for the year to date to $6.9 billion, 90 percent of its 2006 target.


Imtech Gets Orders for $64M

Imtech received orders from numerous ship owners and German shipyards for technological solutions on board several German yachts and cruise ships. These orders are worth a total of over $64. In the second half of 2005, Imtech has seen the maritime market segment for luxury yachts and cruise ships pick up in a number of European countries. Especially Germany has undergone a positive market development. Imtech a very strong player in this segment in Europe


Kuwait Orders Chemical Tankers from HHI

Hyundai Mipo Dockyard gets order for four chemical tankers.   Hyundai Mipo Dockyard said it had received an order worth $250 million to build four chemical tankers for Kuwait despite the world's shipbuilding industry downturn. Under the contract signed Tuesday in Kuwait, Hyundai Mipo -- a subsidiary of Hyundai Heavy Industries -- will deliver the four tankers to the state-run Kuwait Oil Tanker Company by August 2014


Cruise Ship Repair & Conversion Orders for MHI

Nippon Maru: Photo credit Mitsui OSK

Mitsubishi Heavy Industries (MHI) gets orders to carry out repair & conversion of the liners 'Nippon Maru' & 'Fuji Maru'. MHI has received orders from Mitsui O.S.K. Passenger Line, Ltd. (MOPAS) and Nippon Charter Cruise, Ltd. (NCC) for repair and conversion work on the Nippon Maru and Fuji Maru, respectively. The work will be performed at MHI's Yokohama Dockyard & Machinery Works in Kanagawa Prefecture between mid-December and the end of January 2013.


FBM Babcock Marine Gets Order

FBM Babcock Marine has been awarded an order for six 86-ft. aircrew training vessels by SMIT International (Scotland) Ltd. The order follows the U.K. MOD award of a contract following competition under the Public Private Partnership Program to SMIT International for the provision of aircrew training and firing range safety services. The FBM Babcock Marine vessels will be used by SMIT International to train military aircrew in marine survival techniques and be delivered within 16 months


Vosta Gets Order for Cutter Suction Dredge

Vosta LMG has been awarded a contract for a cutter suction dredge CSD750 by International Seaport Dredging Ltd., a joint venture company of the Belgian dredging major Dredging International (member of the DEME group) and the Indian construction giant Larsen & Toubro. The dredge will be used for dredging projects throughout India due to the growing demand from the Indian market for dredging operations. The mono hull cutter suction dredge design and characteristics has been defined in


Korea Shipbuilders Eye Orders from Brazil

According to a report from Manila Bulletin Publishing, South Korea's four shipbuilders will meet executives of Brazil's Petroleo Brasileiro SA (Petrobras), in Seoul the week of April 20, in hopes of getting vessel orders worth more than $25b, the companies said. (Source: Manila Bulletin Publishing)


Korea Shipyard to Build Icebreaking LNG Carrier

LNG carrier in terminal: File photo CCL

Daewoo Shipbuilding & Marine Engineering (DSME) has won the first battle in the war among the shipbuilders to obtain orders for vessels to participate in the Russian Arctic 'Yamal Project' by getting the world’s first order for an icebreaking LNG carrier, reports BusinessKorea. The South Korean shipbuilder informed BusinessKorea that it received the order worth US$367.4 million from Russia’s state-run shipper Sovcomflot, and will deliver the vessel by the end of June 2016.


Hanjin Shipping's Sale of Total Terminals Okayed

File Image: a Hanjin Boxship underway (CREDIT: Hanjin)

Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing on Wednesday for the $78 million sale of its stake in U.S. terminal operator Total Terminals International LLC, overcoming objections of container companies.  


In The Middle Of A (Supply) Chain Reaction?

Table: Clarksons Research

 In 2016 the shipping industry saw significant supply side adjustments in reaction to continued market pressures, says a report from Clarksons Research.   For shipbuilders this meant a historically low level of newbuild demand with fewer than 500 orders reported in 2016


2016 Contracting: Hard To Find Our Bearings

Graph: Clarksons Research

 Contracting activity in 2016 fell to its lowest level in over 30 years in numerical and tonnage terms, says Clarksons Research.   Low levels of newbuild demand have continued to limit ordering across the majority of vessel sectors


Hamburg Elbe Dredging Plan Needs Improvement

The port of Hamburg, Germany (CREDIT: AdobeStock)

Plans to dredge the river Elbe in Hamburg must be improved before a stop order on the work is lifted, a German court ruled on Thursday, raising the risk of more delay to work to deepen Germany's biggest port and open it up to new container ships.  


Tanker Crewman Medevaced off Galveston

A tanker crewman was medevaced Monday afternoon, after reports of suffering from a hernia about 15 miles off Galveston, Texas in the Fairway Anchorage.   The master of the 600-foot, Marshall Islands flagged tanker Agena contacted U.S. Coast Guard Sector Houston-Galveston watchstanders at


Australian Navy Frigate on Task in Kaikoura

Guided Missile Frigate HMAS Darwin approaches Underway Replenishment Tanker HMNZS Endeavour to conduct a Replenishment at Sea. Photo: Royal Australian Navy

 Royal Australian Navy frigate HMAS Darwin has sailed to Kaikoura to provide humanitarian and disaster relief support at the request of the New Zealand government.   Darwin is using her embarked S-70B-2 Seahawk helicopter for the evacuation of civilians and the distribution of


Four Post Panamax Cranes Arrive in Savannah

Boskalis vessel Teal transports four new ship-to-shore cranes up the Savannah River past historic River Street to Garden City Terminal at the Port of Savannah. Photo Georgia Ports Authority Stephen B. Morton

Four new Super Post Panamax ship-to-shore cranes arrived at Garden City Terminal yesterday, bringing the Port of Savannah's total to 26, more than any other terminal in the U.S.   "For customers, it means the capacity to move up to a thousand containers per hour across a single dock at


Dry Bulk Owners Say the Worst is Over

© Volodymyr Kyrylyuk / Adobe Stock

The worst is over for the dry bulk shipping sector, after years when too many ships chased too little cargo, yet the extent of the lost business means a full recovery is still some way off, leading ship owners said on Wednesday.   Dry bulk shipping


R.W. Fernstrum: Keeping Things Cool for 67 Years

Sean Fernstrum (Photo: R.W. Fernstrum & Company)

Founded by Robert W. Fernstrum 67 years ago, R.W. Fernstrum & Company is currently run by its third generation of Fernstrum. This long-tenured maritime staple has seen its fair share of maritime cycles, and in today’s challenging market it is not standing still


What’s New in Floating Production? December 2016

© ggw / Adobe Stock

WER December Floating Production Report  The December WER report examines whether OPEC’s decision to limit crude production will accelerate deepwater project starts over the next 12 to 24 months, given 3 billion barrels of oil stocks in global inventory, 5


Rickmers Sells Vessel to Survive

Photo: Rickmers Maritime Trust

 Rickmers Maritime Trust has completed the sale of a vessel in connection with the settlement of senior loan facilities that German lender Commerzbank's Singapore branch extended to a unit of the trust.  "The Trustee-Manager wishes to announce that the sale of the “India


Gloomy 2017 for Korea Shipyards

3D Image of Logistics Support Vessel HHI to Build Under New Zealand Defence Force’s MSC Project. Photo: Hyundai Heavy Industries

 South Korea‘s three majors shipbuilders are forecast to get much fewer orders next year, Yonhap reports quoting industry sources.   The three shipyards - Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) - are


Bimco Expects 'Die-hard Competition' to Continue in 2017

Photo: World Shipping Council

 2017 will see another year of die-hard competition, which now includes tankers, says International shipping association Bimco.  The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since


DRAGFLOW Bags Four Contracts for Custom Dredgers

Four important orders were received by DRAGFLOW

The last quarter of the 2016 has been a busy time for DRAGFLOW technical and manufacturing teams as we received four important orders for custom-made dredgers. In the first place. A contract for five (5) dredgers, model DRH300E23 has won for sand and gravel extraction in Middle East


Industry Leaders to address AAPA Cruise Seminar

Courtesy the American Association of Port Authorities

Maximizing the number of cruise guest numbers and ensuring they have a favorable cruise experience are among the key topics to be addressed at the American Association of Port Authorities’ (AAPA) 2017 Cruise Seminar in San Diego, Feb. 14-15.






 
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