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Large Order

China ConRos Order for MacGregor

Cargotec receives another large order for MacGregor cargo access packages for 5 Container/RoRo (ConRo) in China. Cargotec's MacGregor has received another large order, following the MacGregor RoRo cargo access equipment order from South Korea announced on 6, March 2013, to deliver a total package of cargo access equipment for five new Container/RoRo (ConRo) vessels.The vessels are to be built at Hudong shipyard in China for the Atlantic Container Lines (ACL), which is part of the Grimaldi Group of Naples. The order includes MacGregor RoRo cargo access equipment, hatch covers and cell guides for container lashing for five new fourth generation vessels of 3,800 TEU and with vehicle capacity of 1,307 units.  


Report: Containership Order Buoys S. Korea

According to a report on Reuters, shares in shipbuilders in South Korea were buoyed when news broke that Daewoo Shipbuilding & Marine Engineering had won a $2 billion order from A.P. Moeller-Maersk AS to build 10 container ships. It was reported that it was also in the running for another larger order, 10 ships at $4b. Daewoo and the entire South Korean shipbuilding industry has been fending off fierce competition from China


Schat-Harding Takes Over Mulder & Rijke

Lifeboat and davit specialist Schat-Harding has taken over Dutch lifeboat builder Mulder & Rijke. Schat-Harding will continue to manufacture Mulder &Rijke lifeboats for the cruise and ferry market and will provide a global after sales service for all Mulder &Rijke SOLAS products. The production of Mulder & Rijke totally enclosed lifeboats for the merchant shipping and offshore industry has been discontinued. "This is a great opportunity for Mulder & Rijke clients, who can now benefit


Report: Daewoo Shipbuilding Wins U.K. Navy Deal

Daewoo Shipbuilding and Marine Engineering reportedly has won bids to build four 35,000-ton support tankers for the British Royal Navy, an order worth $700m, according to a report on http://english.chosun.com. This is third-largest order ever recorded in Korea's defense-related exports, following an order for $1.08b worth of submarines from Indonesia, and another for K-9 self-propelled artillery from Turkey worth $1 billion


Scana to Supply Rolls-Royce with Marine Propulsion Components

Scana Industrier ASA subsidiary Scana Steel Björneborg, receives an additional order from Rolls-Royce, for delivery of complete propeller and intermediate shafts during 2013-2014. The total value of the contract is 20-million SEK. Scana Steel Björneborg has a long history as a supplier to Rolls-Royce, who requires consistently high quality propeller and intermediate shafts for their propulsion systems. During the latest 12 months Scana Steel Björneborg has received several


LUKOIL Makes First Bulk Delivery in Novorossiysk

Since January 2014, the marine lubricant specialist LUKOIL Marine Lubricants Ltd. offers bulk supply of lubricant main grades in Novorossiysk, Russia’s main port on the Black Sea. On January 15, 2014 the first large order of Navigo 70 MCL was successfully delivered by barge. Novorossiysk is one of Russia’s most important export seaports and regularly frequented by a large number of cargo ships. Until recently, lubricant supplies were not available in bulk in this port


Deutz Secures Large Order For N. Sea Installation

Deutz has received another order from Wintershall for the installation of a power plant on its new production platform for operation in the German gas field A6A in the northernmost area of the German section of the continental shelf. This order follows a similar one, in which Deutz equipment is performing well on another Wintershall platform in the North Sea gas field D15. The plant consists of three generating sets: a gas engine genset


Bourbon Orders 56 PSVs

In line with its strategy in modern offshore, Bourbon is expanding its fleet with next-generation, innovative and high-productivity vessels to assist its oil and gas clients in the development of their deepwater and continental offshore operations. On February 28 in the context of its Horizon 2010 plan, Bourbon announced investments of $1.8b, 85 percent of which will be devoted to the Offshore Division. Since January 1, Bourbon has placed the first series of orders


Cavotec Wins Netherlands, Malaysia, Terminal Equipment Contracts

Cavotec wins two large orders for electrical power and spreader cable reels for ship-to-shore (STS) container cranes. These orders follow a recent announcement that the Group is to supply similar equipment to the Port of Colombo in Sri Lanka. The first of the two new orders is from ZPMC, the world’s largest port equipment manufacturer, for power and spreader reels for 14 STS cranes for the Rotterdam World Gateway (RWG) terminal in The Netherlands.


Cargotec Secures Large MacGregor RoRo Order

In October, Cargotec received a large order to deliver MacGregor RoRo cargo access equipment for four 45,000 dwt container/RoRo vessels for Italian container shipping specialist, Ignazio Messina & C. S.p.A.   The ships will be built at the STX Jinhae shipyard in Korea and the MacGregor RoRo equipment will be delivered between the last quarter of 2013 and the second quarter of 2014. Each MacGregor shipset includes a quarter ramp, stern door, ramp covers and doors


Latest Global Ocean Trade Shipbuilding Orders

China – Shipyard: File photo CCL

The past week was relatively quiet with no shipbuilding orders seen in the tankship or gas carrier sector, according to the latest Clarkson Hellas S&P Weekly Bulletin. Details as follows: Dry bulk ships A large order of twelve firm plus eighteen option 64


Another Mammoth Gas Ship Ordered for MHI

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The U.S. Shale Gas Revolution continues to drive orders for some of the world’s largest, most sophisticated tonnage. Mitsubishi Heavy Industries, Ltd. (MHI) received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier


Chang Jiang Shipping Faces Asset Liquidation

A Chinese court has ordered a unit of debt-laden dry bulk goods shipper Chang Jiang Shipping Group Phoenix Co. Ltd. to liquidate its assets, displaying further evidence of the troubles faced by the country's beleaguered shippers.   The unit


Debt-Laden Bulk Shipper to be Liquidated

A Chinese court has ordered a unit of debt-laden dry bulk goods shipper Chang Jiang Shipping Group Phoenix Co Ltd to liquidate its assets, displaying further evidence of the troubles faced by the country's beleaguered shippers.   The unit


Floating Production Market Forecast

Jim McCaul, IMA

$136 billion expenditures forecast for Floating Production Unit purchases over the next five years Today, 319 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 74% of systems on order.


Korea Shipbuilder Wins Order for 8 Very Large Gas Carriers

LNG carrier: File photo cr. Gazprom

Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) has won two orders worth a total of US$640-million to build eight very large gas carriers (VLGCs) for two unidentified Asia-based firms reports Reuters. The South Korean shipbuilder said in a statement both firms had ordered four gas


China Shipyard, Yangzijiang, Report Profit Dip in Q4 2013

Reuters –  Yangzijiang Shipbuilding Holding Ltd said its fourth-quarter net profit dropped 8 percent on the year, as income from shipbuilding decreased. Privately-controlled Yangzijiang is China's third-largest listed shipbuilder by market capitalisation


Yangzijiang Shipbuilding Eyes Mega Container Ships

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Reuters - Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating costs. Yangzijiang is China's third-largest listed shipbuilder by market capitalisation and has boasted profit margins that dwarf those of


200 SOLASAFE Screens for Hyundai Containerships

Hyundai Hope under construction at Daewoo Shipyard in Okpo, Korea. The first vessel in a series of four, she will be delivered in March 2014

South Shields based Solar Solve Marine received an order from Korea for four ship-sets of its SOLASAFE roller sunscreens. The screens are to be installed at the navigation bridge windows of four very large container carriers currently under construction at Daewoo’s DSME Okpo shipyard on


New Shipbuilding Orders Threaten Fragile Sector Recovery

File image CCL3

Reuters –  Overcapacity threatens to derail a fragile recovery in the global shipping sector as ship owners and investors place orders for new vessels betting on better times, according to a recent survey. Ship owners ordered large numbers of vessels between 2007 and 2009


Russian navy to add three landing vessels in 2015

The Russian navy will add three new large landing ships next year to the 19 already in service, Defence Minister Sergei Shoigu was quoted as saying on Tuesday. The Russian navy is under scrutiny during a widening international crisis over Crimea


Latest Global Ocean Trade Shipbuilding Orders

File image CCL3

China, Japan shipyards reel-in the orders in the past week, Korea figures too in the VLGC sector: interestingly there was just one new order in the tankship market, reports Clarkson Hellas in their latest S&P Weekly Bulletin, as follows: Dry bulk ships


Gas tanker firm Avance announces Oslo IPO

Gas tanker operator Avance Gas Holding is planning an initial public offering (IPO) and aims to list its shares on the Oslo Bourse in April, one of its owners said on Wednesday, joining a flurry of Nordic firms planning stock market debuts.


Scorpio Sells Seven Tankers in Construction

Scorpio Tankers Inc. today announced that it has entered into an agreement whereby the company will sell its seven Very Large Crude Carriers (VLCCs) under construction for cash and record a gain of approximately $50 million. The transaction is subject to the execution of definitive agreements


Floating Production Inventory Continues to Grow

Jim McCaul, IMA

The number of floating production systems continues to grow;  349 floating production units are now in service, on order or off-field/being remarketed.  This inventory is 5% higher than a year ago, 27% higher than five years ago.  


 
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