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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.


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


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


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


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.   Rising capacity is being driven by anticipated tonnage demand growth in the dirty tanker market, which is expected to gather momentum once US shale oil production starts shrinking


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


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


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)


Scanty Ordering Bodes Well for Tanker Shipping - Drewry

Tanker newbuild orders (DWT) Image Drewry

Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the longer-term health of the market, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry. After numerous orders in recent years, newbuilding activity in the tanker market declined sharply in the first quarter of 2016 as only 34 vessels (2.6 million dwt) were ordered during the period


VARD Orders BWT Systems for Topaz Newbuilds

Optimarin Skid 334-FS 2 (Image: Optimarin)

Ballast water treatment (BWT) system Optimarin has picked up an order covering 15 vessels from VARD shipyards.   The vessels, VARD 9 21 Design specialist module carriers, will be constructed for ship owner Topaz at two shipyards in Romania - Vard Braila and Vard Tulcea – and one in


Negative Outlook for Global Shipping Industry: Moody’s

Photo: Global Shippers Association (GSA)

 Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative.   "The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply," says Mariko Semetko


Slowing Shipping Fleet Growth to Ease Officer Shortage

Graph: Drewry Shipping Consultants Limited

 Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.   The global shipping fleet – encompassing all sectors except the non-cargo


ABP orders Two Gottwald cranes

Terex Port Solutions will supply two Terex Gottwald Modell 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant to Associated British Ports.Photo ABP

Terex Port Solutions (TPS) has received an order from Associated British Ports (ABP) for two electric Terex Gottwald Model 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant. The leading British port operator has ordered the two machines for its terminal in Immingham


Tsakos Orders Tankers at Sungdong

Photo: Tsakos Energy Navigation Ltd. (TEN)

 South Korean shipyard Sungdong Shipbuilding & Marine Engineering Co. (Sungdong) has won an order from Greece’s Tsakos Energy Navigation (TEN) for two 74,000 deadweight tonnage (DWT) crude-oil carriers with an option for two more.


Thyssenkrupp Marine Systems Awarded Service Order in Peru

Photo: ThyssenKrupp Marine Systems GmbH

 Thyssenkrupp Marine Systems, a leading global system supplier for submarines and surface vessels, has received a service order worth around €40 million from the Peruvian naval shipyard SIMA.    A key component of the order is the provision of consulting during the planning


NLNG Adds New Vessels

Image: Nigeria Liquefied Natural Gas Limited

 The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation.  


Catamaran Ferry Delivered to Majestic Ferries

HSC Catamaran Passenger Ferry Majestic 7 (Image: Incat Crowther)

The recently launched Majestic 7 is the first of four HSC catamaran passenger ferries designed by Incat Crowther to be delivered to Majestic Ferries in Singapore. Majestic 7, part of a multiple-vessel order which has been further expanded to include a pair of larger capacity vessels due to be


Retractable Flanking Rudders for Imperial’s Push Boats

Photo: Damen

Imperial Shipping has chosen Van der Velden Marine Systems retractable flanking rudder systems for its push boats.   The retractable flanking rudder system is an in-house innovation of Van der Velden Marine Systems (VDVMS). The system brings new efficiency to the inland shipping industry


Lakes Limestone Trade in May Repeats a Year Ago

Shipments of limestone on the Great Lakes totaled 3,806,526 tons in May, a virtual repeat of a year ago when the trade totaled 3,809,701 tons, reports the Lake Carriers’ Association (LCA). This May’s loadings were, however, slightly below the month’s five-year average.  


Port of LA Posts Busiest May Ever

Photo: Port of Los Angeles

Overall cargo volumes at the Port of Los Angeles increased nearly 11 percent in May compared to the same period last year, marking the busiest May in the Port’s 109-year history. Total volumes registered at 770,409 Twenty-Foot Equivalents (TEUs), with container growth of 8


DVB Bank to Dispose GOL's Six Vessels

Photos: GOL Offshore

 DVB Group Merchant Bank (Asia) Ltd, a unit of Germany’s DVB Bank SE, can now go ahead and seek bids for selling six ships of GOL Offshore, earlier known as Great Offshore Ltd, to recover their part of outstanding loans, says a report in the Livement.  


Bimco Opens Office In Singapore

Image: BIMCO

 BIMCO has opened a new regional office in Singapore in order to increase services to its members in the Southeast Asia region and boost collaborations with regional maritime associations.    BIMCO’s new Singapore contact will be General Manager, Maite Bolivar Klarup


DNV GL Launches New Stability Analysis Tool

Are Føllesdal Tjønn Photo DNV GL

With the latest release of Sesam HydroD software for floating structures, DNV GL is now offering a completely new and pioneering stability analysis solution that allows for hydrodynamic and stability analysis on one common model, giving naval and offshore engineers unprecedented control over their


Damen, Ampelmann Team up for Marine Access Demonstration

FCS 5009 with Ampelmann L-type Photo Damen

Damen Shipyards Group has teamed up with the global leader in motion compensation access solutions, Ampelmann, to conduct tests with Ampelmann’s L-Type system on board a Damen Fast Crew Supplier (FCS) 5009. Damen is developing its marine access solutions in order to guarantee increased safety






 
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