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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 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

Creditors to Pump $3.7B into Ailing DSME

Image: DSME

 Creditors of South Korea's Daewoo Shipbuilding and Marine Engineering Co. will pour 4.2 trillion won about (US$3.68 billion) into the ailing shipyard to help it get back on track, the main creditor bank said, according to South Korea's (Yonhap) News Agency.  

Yangzijiang Secures Two VLGC Orders

Image by Yangzijiang Shipbuilding

 The Singapore-listed and China-based shipbuilder Yangzijiang Shipbuilding has secured new orders worth $730m, including two very large gas carriers, between September and October.   The  two 84,000 cbm very large gas carriers (VLGCs) were ordered by Shanghai Zhenrong Energy.

MAN’s Largest, Most Powerful Engine Leaves Test Bed

11G95ME-C9.5 engine during its shop test in Korea (Photo: Doosan)

Largest and most powerful MAN B&W-branded engine ever built approaches market debut   Doosan Engine has reported that the initial start of an MAN B&W 11G95ME-C9.5 two-stroke engine took place during October 2015 at its works in Korea, followed subsequently by a successful shop-test

Cavotec Wins Port Equipment Orders

Photo: Cavotec

Press release- Global engineering group Cavotec has won five separate orders with a combined value of more than $9.6  million for some of its key innovative technologies, including the Group's MoorMasterTM automated mooring system and the new Automatic Plug-in System (APS)

Biggies to Rule Ocean, says Maersk CEO

Nils Andersen. Photo: Maersk Line

 The WSJ reports that the Danish container-shipping group is ordering more megaships even as freight rates remain low. Reason?   The world’s biggest container-shipping companies are set to dominate seaborne trade over the next few years

Battery System Selected for Largest Electric Ferry

Swiss battery manufacturer Leclanché was selected as a battery system supplier to the world’s largest battery operated ferryboat to be built by Danish shipbuilder Søby Shipyard Ltd. The ferry will enter service in June 2017 to transportation of vehicles and passengers between

Daewoo Shipbuilding Bags LNG Carrier Order

Photo: DSME

 South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said it has received an order for a new LNG carrier from a ship management specialist Chandris of Greece.  The new deal calls for Daewoo to deliver the LNG vessel, able to carry 173,400 cubic meters of natural gas

Harding to Supply Lifeboats for Johan Sverdrup

Photo courtesy of Harding

Statoil has awarded Harding a contract for delivery of the nine free-fall lifeboats needed for the first phase of the Johan Sverdrup North Sea development.      The contract comprises nine FF1200- lifeboats, with nine corresponding LA 1200 SU davits

Strong Supply Growth Threatens Rosy Days for Tanker Owners

A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.  

China COSCO Orders 11 New Boxships

China COSCO has ordered 11 container ships from four Chinese shipbuilders in a $1.51 billion order that will propel the country's largest shipping line into the big league of giant vessel owners. The ships, which will have the capacity to carry up to 19,000 20-foot containers (TEU)

Cosco's Ambitious $1.5Bln Megaship Plan

MV Cosco China. Photo: COSCO

Chinese shipping behemoth Cosco Holdings has confirmed it will order 11 container megaships for $1.5 billion, despite an estimated 30 percent overcapacity in container shipping having sent freight rates to levels that at times don't even cover the fuel cost of moving containers across oceans

Chinese Shipyard Orders Plunge

Image: CNSS

 New ship orders at Chinese yards have fallen 68.3 percent to the end of August as tough conditions prevailed in the global shipping market, Global Times reported quoting data from the China Association of the National Shipbuilding Industry (CANSI).  

Stolt-Nielsen's Q3 Numbers Disappoint

Shipping firm Stolt-Nielsen reported third-quarter earnings below forecast on Thursday and said it remained worried by the expected influx of new product tankers in 2016 and 2017. Stolt-Nielsen's June-August operating profit rose to $59.8 million from $45

S. Korea Keeps Top Spot in Shipbuilding Beating China, Japan in Q3

Image: Hyundai Heavy

 South Korean shipbuilders have ranked first in the world outpacing Chinese and Japanese rivals in terms of new orders in the third quarter of the year, reports Yonhap quoting  Clarkson Research Services.   South Korean shipyards bagged new orders totaling 2

Daewoo Shipbuilding May Post Loss of Over US$4.6 Bln

Image: Daewoo Shipbuilding and Marine Engineering

 Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts, reports Yonhap.   The outlook follows a recent audit by the state-run Korea Development

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