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Orders Increase

Mitsubishi Heavy Orders Increase in 2006

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


Orders Increase For Marine Dosage Systems

Dosage system.JPG

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.


Containership Orders Increase

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


Aker Yards Revenue Up 52 Percent

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


Shipbuilding Prices Firm Up

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


Hyundai Heavy $600M Order for LNG Carriers

* Photo: Abdelkader, LNG Carrier Hyundai Heavy built and selected as one of the world’s best ships in 2010.

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


Aker Kvaerner Releases First Quarter Results

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


Wärtsilä Interim Report

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)


Bollinger Launches Double Eagle for Rigdon

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


Daewoo Raises Order Goal

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


Becker Marine Delivers Rudder for Largest Containership

CSCL GLOBE

Becker Marine Systems delivers rudder for the largest container ship in the world   At 19,000 TEU, the largest container ship in the world is now picking up speed – with a high-performance rudder from the Hamburg-based company.  


Phase 1 Dredging Wraps Up in Redwood City

Photo: Port of Redwood City

Phase 1 of maintenance dredging of the Redwood City Harbor and Channel was completed this week, bringing the Port of Redwood City channel to a depth of 28 feet. The $12.8 million project, completed by the U.S. Army Corps of Engineers (USACE)


WCI Applauds Barge Diesel Fuel User Fee Increase

Michael J. Toohey

Waterways Council, Inc. (WCI) and its members and stakeholders applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee.  The provision was a part of tax extenders legislation that was combined with the “Achieving a Better Life


WCI Applauds Passage of New Barge Tax

Michael J. Toohey, PresidentCEO of Waterways Council, Inc.

  Waterways Council, Inc. (WCI) and its members and stakeholders tonight applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee. The provision was a part of tax extenders legislation that was combined with the “Achieving a


50 Millionth Ton of Oil from RN-Uvatneftegaz

RN-Uvatneftegaz is a subsidiary of Rosneft. The Uvat project is a cluster of 17 licensed blocks with about 338 million tons recoverable reserves of oil and condensate.

  RN-Uvatneftegaz, a subsidiary of Rosneft, produced 50 millionth ton of oil since the start of Uvat project implementation in 2004. In 10 years of enterprise performance the annual oil output increased almost by 10 times – from 1


Saab to Overhaul Swedish Navy Submarine

HMS Södermanland (Photo: Försvarsmakten)

Saab has received an order from the Swedish Defense Materiel Administration (FMV) to overhaul the Swedish Navy submarine HMS Södermanland. The order, valued at SEK121 million, is part of the letter of intent announced on June 9, 2014 regarding Swedish armed forces’ underwater


Port of Houston Reports Banner Year

Photo: Port of Houston Authority

Houston’s Port Commission Chairman Janiece Longoria delivered the 2014 State of the port address in early November. Completing her second year, chairman Longoria reported to a capacity crowd of almost 500 people that the Port of Houston Authority (PHA) is enjoying business success


Overtonnage, Regulations Bruise Shippers' Confidence

Richard Greiner

 Overall confidence levels in the shipping industry fell during the three months to November 2014 to their lowest level for two years, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens


AAPA: FY’15 ‘Cromnibus’ Bill Supports Ports

Kurt Nagle, AAPA President & CEO

Significant increases seen for Corps’ seaport programs & EPA’s DERA grants. In reviewing the proposed $1.01 trillion Consolidated and Further Continuing Appropriations Act of 2015 hammered out in Congress late yesterday, the American Association of Port Authorities (AAPA) noted


WSS Warning to Ship Owners: Beware of New Refrigerant Regs

Svenn Jacobsen

Ship owners are facing a number of regulatory gauntlet in coming years regarding emissions and ballast water treatment systems. But ship owners with EU-flagged vessels who incur unnecessary operating costs need to ensure that their onboard refrigeration units are leak-tight


Evergreen Expands its CPH Service Network

   In order to offer a more comprehensive service to shippers and importers in the Philippines, Evergreen Line will team up with Cheng Lie Navigation(CNC) to launch the new China-Philippines Service (CPH). Two ships around 1,000 TEU will be deployed on the new weekly service


ABB Wins Milestone Contract with WSIC

abb photo 2.jpg

Offshore construction vessel order is the first to include ABB’s integrated power and automation solution consisting of ABB’s advanced power, propulsion and 800xA control and safety system.   ABB will deliver a cutting-edge solution which includes electrical propulsion, power


Celebrity Cruises Orders 2 New Ships

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  Celebrity Cruises has taken a bold step in ship design with the signing of a letter of intent for a new class of vessels, Royal Caribbean Cruises Ltd. and French shipbuilder STX France announced today. The two 2,900-guest, 117,000-gross-registered-ton ships


Kalmar Gloria Reachstackers for Associated British Ports

Kalmar Gloria Reachstackers

  Kalmar, part of Cargotec, will deliver two Gloria reachstackers to the Hams Hall Rail Terminal in Birmingham, operated by Associated British Ports (ABP). The order was signed in August 2014 with delivery in December 2014. The deal will enable ABP to continue to meet key performance


Floating Production: Huge Opportunity for Shipyards, Manufacturers

Chart 3

Floating production has been one of the most significant achievements in the upstream oil and gas industry over the past four decades. The ability to produce in deepwater has opened a new frontier in oil and gas development – and has generated a huge business base for suppliers of floating






 
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