Hitachi Zosen Corp., a major Japanese shipbuilder, won 29 billion yen worth of orders from Bergesen D.Y. Group ASA of Norway for four 300,000-ton oil tankers. The tankers will be delivered between March 31, 2000 and January 31, 2001, a spokesman for Hitachi Zosen said. Hitachi Zosen posted a parent current loss of 17.49 billion yen for the year ended March 1999, its first current loss in 10 years, against current profit of 7.02 billion a year earlier, mainly due to losses from unprofitable overseas business.
Hitachi Zosen Maizuru Works has completed the Golden Nerina, a 75,484-dwt bulk carrier, for Golden Door Corporation of Liberia. The Panamanian-registered vessel was delivered on August 5 and is equipped with an energy-efficient Hitachi Zosen-MAN-B&W6S60MC (MK-6) type main diesel engine, as well as the Hitachi Zosen Super Stream Duct (SSD) at its stern. According to Hitachi, the dwt and cargo capacity of the Golden Nerina is considerably greater than previously built vessels
The recently completed sale of Keppel Marine Industries Limited's marine-related businesses to Keppel Hitachi Zosen for about $99.4 million has allowed Keppel to "carry out a reduction of headcount in the three yards that will result in savings of about $2.9 million a year. Following the consolidation of Keppel Shipyard, Hitachi Zosen Singapore and Keppel Singmarine Dockyard, under Keppel Hitachi Zosen, the Keppel Group is rationalizing its operations to remain competitive.
JFE Holdings Inc. is considering taking over Hitachi Zosen Corp.'s shipbuilding operations, which are now conducted by Universal Shipbuilding Corp., a joint venture between the two firms, sources said Saturday. The deal would mark Osaka-based Hitachi Zosen's effective departure from shipbuilding. It will instead concentrate on its mainline environment equipment and plants business to try to bolster profitability, the sources said.
Keppel Hitachi Zosen has clinched a contract to build two cable laying and repair vessels for a total contract value of more than $74.6 million from C. S. Tycom Reliance, Inc., a subsidiary of Tyco Submarine Systems Ltd. The construction of the cable laying and repair ships will be performed by Hitachi Zosen Singapore, a division of Keppel Hitachi Zosen. Work on the two newbuildings has commenced, with the first vessel scheduled for delivery in the third quarter
NKK Corp., a major Japanese steelmaker and shipbuilder, and Hitachi Zosen Corp., another major Japanese shipbuilder, will study the feasibility of cooperating in shipbuilding to strengthen competitiveness in a tough global market. The two companies will consider cooperating in sales, design, procurement and manufacturing, they said. In March, NKK said it was considering an alliance with Hitachi Zosen to try to revive its flagging shipbuilding operations
Ordered by Golden Door Corporation of Liberia, Golden Nerina, a 75,484-dwt bulk carrier was constructed by Hitachi Zosen's Maizuru Works for an August 5 delivery. Registered in Panama, the vessel is the 97th Hitachi Panamax and second Hitachi Panamax jumbo vessel that houses various upgrades over the original version. It is the fourth bulk carrier in the series built with an ABS Safe Hull; deadweight tonnage and cargo capacity are considerably greater than previous vessels.
The first ME engine to be built in Japan, a 6S50ME-C, has been completed by Hitachi Zosen Corporation. The order was placed by Naikai Zosen for Nissho Shipping. The engine was recently presented to the guests at a ceremony at Hitachi Zosen. This engine is destined as the main propulsion engine for a product carrier. The invited audience of over 200 people, included owners, operators, yard personnel and business partners, noted that the engine was very quiet and produced very few vibrations.
According to reports, Japanese steelmaker JFE Holdings Inc said it has reached an agreement with shipbuilder and engineering company Hitachi Zosen Corp to turn their shipbuilding joint venture into a JFE subsidiary. JFE will acquire an additional 34.9 percent stake in Universal Shipbuilding Corp, its 50-50 joint venture with Hitachi Zosen, for 34.9 billion yen. With the deal, JFE's stake in Universal Shipbuilding will increase to 85 percent while Zosen will hold the remaining 15 percent
Wärtsilä and Hitachi Zosen have signed a business development agreement to develop and market fuel cell based power solutions for distributed power generation applications in Japan. The combined heat and power applications, which can be run on either city gas or bio gas, will feature the use of Wärtsilä's fuel cell technology. The applications will be developed in cooperation by both companies, and marketed by Hitachi Zosen
The world’s largest classification society ClassNK (Chairman & President: Noboru Ueda), announced that the world’s first specialized vessel for the carriage of Nickel Ore has been built and registered to the NK class.
Mitsubishi Heavy Industries, Ltd. (MHI) names Shunichi Miyanaga as the company's new President. The new president is currently an MHI Representative Director and Senior Executive Vice President. Hideaki Omiya, MHI's current President, will become Chairman of the company succeeding Kazuo Tsukuda
'M/V Fairpartner' is due to discharge the largest tunnel boring machine (TBM) ever made at the port of Seattle, Friday, 5, April 2013. The tunnel boring machine was built by Hitachi Zosen Corporation and loaded at Osaka, Japan. It consists of total 48 pieces weighing 7
Mitsubishi Heavy Industries, Ltd. (MHI) completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W), an aeroengine manufacturer. Pratt & Whitney Power Systems has changed its corporate name to PW Power
Crowley has loaded three large Hitachi gantry (container) cranes in Los Angeles onto a 400 ft long by 100 ft wide deck barge and it, along with a powerful ocean-going tugboat, are currently underway for the port of Apra, Guam This will mark the second delivery that Crowley has made in recent
Cinterion Wireless Modules, specialist in cellular machine-to-machine (M2M) communication, and Telenor Connexion announced their collaboration on an M2M tracking and tracing platform for Hitachi construction and mining machinery. The customized solution combines Cinterions HC25 module
By Alan Haig-Brown A recent delivery from the yard of Eastern Marine Shipbuilding in Sibu, East Malaysia is a further indication of the growing technical sophistication of the Sarawak yards. The 60 by 16-meter Offshore Surveyor is designed by Wartsila Ship Design of Singapore
MAN Diesel & Turbo confirms that MAN B&W 6S46MC-C8 engine with integrated SCR fulfils the IMO’s strictest emission standards The engine, an MAN B&W 6S46MC-C8 type capable of an output of almost 7 MW, was constructed in autumn 2010 by Hitachi Zosen Corporation at its Ariake works
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the joint development of an optimum trim system for vessels, along with Akishima Laboratories (Mitsui Zosen) Inc. A pilot test of the system, using a 6,400-unit car carrier
DHT Holdings, Inc. (NYSE:DHT) today announced: DHT has time chartered in a VLCC built 2003 at Hitachi for a period of 16 to 18 months at a rate of USD 27,000 per day. DHT has a continuous option during the charter to purchase the vessel at USD 65 million for the first 6 month period
Vessel built by Naikai Zosen for Nissho Shipping will become first NK classed ship to incorporate special construction for carriage of liquefiable cargoes. A new vessel being built at Japanese shipyard Naikai Zosen Corporation for shipowner Nissho Shipping Co., Ltd
ClassNK Issues First Ever Statement of Fact for Tier III NOx Emissions for an SCR-equipped Diesel Engine. ClassNK announced today that it had awarded its first ever Statement of Fact for Tier III nitrogen oxide (NOx) reductions to a marine diesel engine incorporating a Selective Catalytic
Experimental offshore wind farm project aimed to help in Fukushima recovery A consortium made up of Marubeni (project integrator), the University of Tokyo, Mitsubishi, Mitsubishi Heavy Industries, IHI Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel, Hitachi, Furukawa Electric
Interesting week for dry S+P market according to shipbrokers, research analysts, Clarksons The report is as follows: Chinese buyers (Winning Group) have acquired two Capes; the modern M/V REGENA N (180,277 dwt 2006 blt Imabari) at region US$ 33
In the eyes of some, the March 2011 Fukushima Daiichi nuclear disaster was the event that would signal the end of nuclear power for electrical power generation and would end any hope of the world utilizing nuclear-powered commercial vessels other than the Russian barge carrier