In spite of the global economic downturn of 2010, builders in Eastern Malaysia such as Shin Yang Shipyard maintained a steady output in 2010. As a member of the Shin Yang Group of Companies, the shipyard has extensive support and in some cases can market to its own sister companies. The anchor handling tug Danem 19 was launched from the Shin Yang Shipyard for the Shin Yang Shipping Corporation as one of several vessels added to the fleet in 2010. At 164 ft by 41 ft the 4400 HP Danum 119 is a handy sized AHT with lots of versatility. With a 54.8-tonne bollard pull and a 12-knot cruising speed the vessel features a 72 x 33-ft aft-deck with winches for anchor handling and towing as well as providing excellent cargo capacity. The main winch has an 80-tonne capacity with 150-tonne braking power. A pair of 5-tonne capstans with a pair of 10-tonne tugger winches and a set of shark jaws and towing pins round out the anchor handling capabilities. Built to a design by Conan Wu & Associates of Singapore the vessel is powered by a pair of Cummins QSK60-M diesels each rated for 1641 kW (2200 HP) at 1800 RPM. The engines turn fixed pitch props through Twin Disc MG5600 gears with 5.71:1 reductions. A pair of Cummins 265 kW QSM355 diesels provide auxiliary power. Accommodation is provided for up to 27 crew members. Tankage includes 500 cubic meters of fuel, 242 cubic meters of potable water, 19 cu m of dispersant and 16 cu m of foam
At the end of January Cargotec received an order for MacGregor cement self-loading/unloading systems to be installed on two 7,000 dwt barges being built by Shin Yang Shipyard in Miri, Malaysia. Delivery to Shin Yang Shipping is scheduled for September 2011 and the barges will trade on Malaysian routes between Kuching and Sibu, and between Kuching and Miri. The cargo owner is CMS Cement Sdn Bhd, a cement manufacturer in Sarawak
After delivery to Singaporean owner, Briggs Singapore Pte. Ltd., the 1700 hp tug Forth Hunter will be be put to work in Ukraine. Powered by a pair of Cummins KTA38-M2 engines, each delivering 1350 hp at 1900 RPM (Heavy Duty Rating) to nozzled propellers, the tug underwent bollard test prior to delivery that recorded pulls up to 35-tonnes. The Scott & English Miri division supplied the engines. Designed by Conan Wu and Associates http://cwa.com.sg the 37 by 11
STX Europe AS appointed Su-Jou Kim as its new President and CEO. Su-Jou Kim will replace Sang-Ho Shin, and will start in his new position with immediate effect. Sang-Ho Shin joined STX Europe in September 2008, initially as COO, and since May 2009 as President & CEO. Shin has been appointed COO of STX Offshore & Shipbuilding and head of STX's shipbuilding operations in Korea. Shin will remain a Board member of STX Europe AS.
A series of new MacGregor offshore winch orders, secured in October, will serve the strong demand for maintenance, hook-up and commissioning services for existing oil platforms within the shallow water region of the Malay basin, says Francis Wong, Director, Segment Sales and Marketing, Offshore. "As oil prices remain high and oil majors continue to invest in exploration and production activities in the region
Recently, Mainport, a firm based in Cork Ireland with a range of subsidiaries in diverse marine fields and diverse locations from South Africa to the Caspian and at home in Ireland, extended business to Malaysia where the company is having two new seismic support vessels built at the Shin Yang Shipyard in Miri, Sarawak. The firm sponsored teams to a futsal tournament composed of the shipyard crews building the Mainport Cedar and Mainport Pine
At the invitation of China Steel Corp. (CSC) and Yang Ming Marine Transport Corp., Wan Hai Lines Ltd. has shown its willingness to enter into a consortium led by CSC to invest in the state-run China Shipbuilding Corp., which has decided to go private through public bidding, according to a report on Taiwan Headlines. China Shipbuilding estimated it would sell a 51 percent up to 66 percent stake to become a privately owned firm
A federal grand jury in Anchorage indicted a corporate director, two corporate managers, a ship's captain and a first engineer for their roles in an ocean pollution conspiracy involving the direct discharges of oil from a fleet of large, refrigerated cargo ships that regularly travel through Alaska waters, the Justice Department announced. The indictment charges the individuals of conspiracy to lie to the U.S. Coast Guard in order to conceal the dumping of waste oil from the ships and to
China's top diplomat scolded Vietnamese officials during talks in Hanoi on Wednesday for "hyping up" a row over a Chinese oil rig drilling in disputed waters in the South China Sea, in tough comments that suggest relations will remain rocky. State Councilor Yang Jiechi also told his hosts that the rig's activities in waters also claimed by Vietnam were "completely legal", China's Foreign Ministry spokeswoman Hua Chunying said at a daily briefing in Beijing.
Seaspan Corporation has accepted delivery of a 14000 TEU containership, the Yang Ming Wish. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's first 14000 TEU SAVER design containership and second delivery in 2015. The Yang Ming Wish will commence a ten-year, fixed-rate time charter with Yang Ming Marine Transport Corp. ("Yang Ming"). Yang Ming may extend the charter for up to an additional two years
The second stage of Russia-China "Joint Sea 2015" maritime exercises are taking place on June 8-11 in Russia’s Far Eastern Primorsky Territory, according to a statement from the Russian Defense Ministry’s Eastern Military District press service.
China’s Ministry of Transport has fined 21 shipping companies operating on Sino-Japan routes have been fined for violating international regulations on fair competition. The accumulated amount of the fines totals in USD 684,000 (RMB 4.25 million), the ministry said.
US President Barack Obama urged Beijing to take "concrete steps" to ease tensions over maritime claims, as America and China wrapped up three days of candid talks, reports AP. "The president raised ongoing U.S. concerns about China's maritime behavior
Seaspan Corporation accepted delivery of a 14,000 TEU containership, the YM Witness. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's fourth 14,000 TEU SAVER design containership and fifth delivery in 2015.
Diana Containerships Inc. announces agreement to acquire two Panamax container vessels Through two separate wholly-owned subsidiaries, Diana Containerships Inc. has signed two Memoranda of Agreement to purchase two Panamax container vessels from an unaffiliated third party.
China has unveiled the principles, framework, and cooperation priorities and mechanisms in its Maritime Silk Road initiative in a bid to enhance regional connectivity and embrace a brighter future together. The plan consists two segments - One is centered on the Asian land mass and
Asian container operator Wan Hai Lines Ltd sees 2014 profit jump as revenue grows faster than costs. The Taiwanese container carrier recorded a profit of TWD5.32 billion (USD170 million) for 2014, soaring 158% from a profit of TWD2.13 billion in 2013.
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v YM Los Angeles, a 2006-built Panamax container vessel of approximately 5
Seaspan Corporation (SSW) has accepted delivery of a 14000 TEU containership, the YM Wellhead. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's second 14000 TEU SAVER design containership and third delivery in 2015.
Yang Ming Marine Transport Corporation, Taiwnanese global shipping and logistics services company, will take delivery of 14 large-sized ships over the next two years, as it moves to expand its fleet of shipping vessels.
Keppel Corporation Limited (Keppel Corporation) announced that Mr Tony Chew Leong-Chee, Non-Executive and Independent Director, will be retiring from the Board of Directors of Keppel Corporation on 1 May 2015. Mr Chew will concurrently cease to be Chairman of the Nominating Committee and
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v YM New Jersey, a 2006-built Panamax container vessel of approximately 5
SINOPACIFIC Shipbuilding Group held a christening ceremony today at its Dayang Shipyard for a newly built Ultramax CROWN63R. As the Godmother, Madam Grace Yang, the wife of former Chinese Ambassador to Greece christened this new vessel as SINICA GRAECA
SITC International signed a strategic cooperation agreement with Qingdao Port International Co., Ltd. in Qingdao yesterday in order to further strengthen the strategic cooperation in the port and logistics market. Mr. Zheng Minghui, Chairman of Qingdao Port Group, Mr
Hong Kong-based owner and operator of containerships Seaspan Corporation has taken delivery of a 14,000 TEU containership, the YM Winner. The new ship, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan’s third 14