Mitsubishi Heavy Industries Ltd, said it has received orders for 23 vessels totaling 1.48m gross tons in 2006, up from 21 vessels weighing 1.08m gross tons a year earlier. On a deadweight tonnage basis, orders reached 1.20m tons this year, rising from 1.12m tons in 2005. There were five new ships ordered in Japan during the year, totaling 56,792 gross tons or 24,696 deadweight tons, compared to five vessels last year which reached 90,510 gross tons or 42,688 deadweight tons. Offshore orders for new vessels increased to 18, weighing 1.43 mln gross tons or 1.18 mln deadweight tons, from 16 in 2005 with a combined weight of 991,340 gross tons or 1.08 mln deadweight tons. Source: Forbes
Fuglesangs Ltd AS in Norway has seen an increase in demand for their dosage systems used on seagoing vessels. These systems are used by world-leading system builders (OEMs) and shipowners for several purposes, including ballast water treatment, fresh water treatment, exhaust gas cleaning, low sulphur fuel oil boosting and other. Various systems have been supplied to more than 20 ships and the orderbook is steadily increasing.
International shipbuilders enjoyed a healthy year, with the main contributors being tankers and container vessels. Following upon these ordering activities, R.S. Platou saw shipbuilding prices firming up from the bottom level the previous year. Price for the tankers increased on average by 16 percent but the corresponding figure for container vessels was only 6.5 percent. Bulk prices showed a firming almost equal to that of tankers
Aker Yards ASA reported a record high EBITDA $62m for the second quarter of 2006, an increase of 59 percent compared with the second quarter of 2005. The total order backlog was $9.8b at the end of the quarter, comprising 126 vessels. Aker Yards had revenues of $996m in the second quarter of 2006, an increase of 52 percent compared with $658m in the corresponding period of 2005. High activity in all three business areas and the acquisition of two yards in France contributed to the positive
Hyundai Heavy Industries, the world’s largest shipbuilder, won a $600 million order to build two 155,000 m3 LNG carriers, including an option for another same class vessel, from Greece-based Dynagas Ltd. These membrane-type LNG carriers are due for delivery in the second half of 2013. They will feature the Dual Fuel Diesel Engine System which allows the ship to run on oil fuel or natural gas. Due to tightening global regulations on carbon emissions
Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has revealed. Figures show that since the beginning of this year 52 containerships of 10,000TEU or larger have been ordered – compared to just 10 vessels from this sizeband for the whole of 2010 and zero of this size in 2009. This year’s containership orders add 765,000TEU to the post-panamax boxship orderbook
According to Bloomberg, Daewoo Shipbuilding & Marine Engineering Co., the world's second-largest shipyard, raised its target for new orders this year to a record $12b on increased demand to produce and transport energy goods. The shipyard expects new orders this year will be 20 percent higher than its earlier forecast of $10 billion, the Seoul-based company said in an e-mailed statement today. It has clinched contracts valued at $10.2 billion so far in 2006. Last year, it won a total $6
Bollinger launched Double Eagle, the second of ten GPA 654 PSVs ordered by Rigdon Marine in January 2006. With this multi-vessel order, Rigdon’s GPA-designed fleet has increased to 20 PSVs, including 10 GPA 640s. Like her sister vessel “First and Ten”, which was launched earlier this year, the Double Eagle has already been chartered by a leading US independent oil company to serve the offshore industry immediately. The design of the DP2- and FFV1-certified GPA 654s
Aker Kvaerner experienced a positive first quarter with an EBITDA of NOK 376 million, reflecting an increase by 20 percent compared to the corresponding quarter last year. The previously stated target of an annualised EBITDA of NOK 1.5 billion in the first half of 2005, was achieved in the first quarter. Few major contracts were announced in the first quarter, but a steady stream of orders resulted in a satisfactory order intake and brought the order backlog to a record-high level of NOK 37
Stable Development in the fist half of 2013 Second Quarter Highlights: • Order intake decreased 11% to EUR 1,071 million (1,198) • Net sales increased 5% to EUR 1,152 million (1,099) • Book-to-bill 0.93 (1.09) • Operating result EUR 111 million, or 9.6% of net sales (EUR 113 million or 10.3%) • EBITA EUR 119 million, or 10.3% of net sales (EUR 123 million or 11.2%) • Earnings per share EUR 0.39 (0.38)
Hamburger Hafen und Logistik AG (HHLA) said it needs 50 additional commercial employees for the container terminal Burchardkai (CTB). The company continues its personnel actions started last year with which they respond to the growing peak loads in container handling.
Classification society ClassNK announced that it will participate in a joint project together with Mitsui Engineering & Shipbuilding Co., Ltd. and MES Technoservice Co., Ltd. ClassNK will support research into the development of condition-based engine monitoring systems for the Mitsui MAN
A strike has been announced at Argentina's Customs houses between the hours of 1100 and 2400 tomorrow (31 July) and on Friday (1 August). For operations on Friday 1 August from 0000 to 0600 hours, overtime must be ordered before 0800 hours local time on Thursday.
Global ship spares logistics provider GAC Marine Logistics Inc. (GML) has secured ISO certifications in recognition of its Quality Management, Environmental Management and Occupational Health & Safety Systems. The ISO 9001:2008
General Dynamics today reported 2014 second-quarter earnings from continuing operations of $646 million, or $1.88 per share on a diluted basis, compared to second-quarter earnings from continuing operations in 2013 of $640 million, or $1.81 per diluted share
Defence and security company Saab's acquisition of the Swedish shipyard Thyssen Krupp Marine Systems (TKMS, formerly Kockums) has now been completed. The acquisition strengthens Saab's position as a comprehensive supplier of naval military systems.
Almost 100,000 boat people have made the dangerous journey across the Mediterranean to Europe this year, a roughly 60 percent increase on the whole of last year, and about 800 have died in the attempt, the U.N. refugee agency said on Thursday.
Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners. Wilhelmsen Technical Solutions (WTS) has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for
Danelec Marine has received orders to supply Voyage Data Recorders (VDRs) and Electronic Chart Display and Information Systems (ECDIS) for 18 offshore support vessels in China. The orders were taken by Danelec’s distributor Xiamen Huayi for ships under construction at a shipyard in Fujian
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of Liquefied Natural Gas (LNG), announced the order of nine Liquefied Natural Gas Carriers (LNGCs) which will be built by the Korean shipbuilder Daewoo Shipbuilding &
Cat Financial reported second-quarter 2014 revenues of $728 million, an increase of $34 million, or 5 percent, compared with the second quarter of 2013. Second-quarter 2014 profit after tax was $146 million, a $35 million, or 32 percent, increase from the second quarter of 2013.
Ardmore Shipping Corporation says it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB"). The total amount available under the facility has been increased by $53 million to $225
Reported ordering this week has been exclusively focussed on the Chinese yards, says Clarkson Hellas in their latest 'S&P Weekly Bulletin'. Dry bulk carriers COSCO Shipyards have announced a number of orders, inform Clarkson Hellas with two firm plus two option x 82
The floating production business continues to be very strong, particularly in the LNG gas processing sector. Last month saw a speculatively ordered floating liquefaction plant – a $1.2 billion contract – as well as several regasification vessel contracts
LUSCHI announced today it will mobilize its vessel Giovanella to Espírito Santo to assist in the dredging and final disposal of accumulated sediments in the seawater storage canal of ArcelorMittal, one of the world's leading steel and mining companies