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
Japan’s three largest shipping companies - Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K Lines (MOL), and Kawasaki Kisen Kaisha (“K” Line) - and three other carriers worldwide will form the world's third-largest container shipping alliance, reports Nikkei.
Starting in June 2016, shipping company Hapag-Lloyd will add a new call in Port Everglades to its Mediterranean Gulf Express (MGX) service. Florida International Terminal (FIT), operated by SAAM since 2005 in Port Everglades – Fort Lauderdale, Fla., will add a new service
South Korea's largest shipping line Hanjin Shipping said bondholders agreed to extend the maturity of Won35.8bn ($30.1m) in debts by four months to September 23 this year, in a major step to help the company avoid bankruptcy. According to a report in the Korea Herald
South Africa's navy has detained three Chinese ships with around 100 crew on board on suspicion of illegal squid fishing, officials said on Monday. The ships were spotted on Friday having entered South Africa's 200 nautical mile economic exclusion zone without permits
Yang Ming Marine Transport Corp. (YM) inked a partnership agreement with Thailand’s Regional Container Lines (RCL) Group aimed at pooling the companies’ resources to weather a persisting downturn in the sector, according to a report in Taipei Times.
CKYHE Alliance - COSCON, "K"Line, Yang Ming, Hanjin and Evergreen Line - is reorganizing its service network for Asia-North Europe and Asia-Mediterranean trades in 2016. The CKYHE Alliance will provide five Asia-North Europe services (NE2/NE3/NE5-CEM/NE6/NE7) and four
China Cosco Shipping plans to retain its current container alliances until they expire, after which it plans to sign a new deal, it said on Monday. The group's spokesman, Yu Zenggang, did not say when the current alliance agreements were due to expire.
China's Defence Ministry denounced as gesticulation on Thursday speculation it would declare an air defence zone over the disputed South China Sea, after the United States said it had told China it would not recognise one. U.S. officials have expressed concern that an international court ruling
Hanjin's debts at 5.6 trln won at end 2015; company has been squeezed by low shipping margins. South Korea's Hanjin Shipping Co Ltd will ask creditor banks to restructure its debt, the country's largest shipper by assets said, in an attempt to weather a squeeze in margins from a severe industry
South Korea’s Hanjin Shipping Co. Ltd will work with lenders to restructure debt after years of weak demand resulted in losses and cash erosion, reports Bloomberg. The board of Hanjin Shipping decided to file for receivership and give creditors authority to manage the company
MacGregor has received orders from two Japanese yards to deliver comprehensive RoRo access equipment packages for four car carriers. The equipment will be delivered during Q3 in 2017. The orders are booked into the first quarter 2016 order intake.
CKYHE Alliance, COSCON, “K”Line, Yang Ming, Hanjin and Evergreen Line, is reorganizing their service network for Asia-US East Coast trade in 2016. CKYHE Alliance will provide five Asia-US East Coast services (AWE1/AWE3/AWE4/AWE8/NUE) from early June of 2016.
State-backed shipbuilder CSBC Corporation, Taiwan has launched two domestically developed and constructed vessels in the southern Taiwan port city of Kaohsiung, reports Taiwan Today. YM Window and YM Width are 368 meters long, 51 meters wide and can carry 14,198
Mitsui O.S.K. Lines, Nippon Yusen Kaisha, “K” Line, Hanjin, Hapag-Lloyd and Yang Ming to create a new partnership “THE Alliance” Tokyo, May 13, 2016 - Mitsui O.S.K. Lines (MOL, President & CEO: Junichiro Ikeda), Nippon Yusen Kaisha, “K” Line, Hanjin
To fend against M2, newly forming Ocean Alliance is latest push for economies of scale groups. German container shipping firm Hapag-Lloyd has formed a new alliance with five Asian competitors, it said on Friday, the latest step in an industry reorganisation that is divvying up the global