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
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
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
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
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.
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
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
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
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.
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
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
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.
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.
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
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.
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
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.
Cocoa exports from Cameroon's main port have slowed sharply because the outlet is clogged by a buildup of imported goods bound for Central African Republic that have not been sent due to political unrest, officials said. The port is the main gateway for goods into and out of the oil, cocoa
Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Till Vestring as Independent Director on the Company's Board with effect from 16 February 2015 Mr Vestring, 50, is a partner in Bain & Company's (Bain) Southeast Asia office
Maersk Line, the world's largest container shipping line, resumed operations at the Port of Boston’s Conley Container Terminal with the arrival of the Sealand Illinois on Thursday, the Massachusetts Port Authority (Massport) announced.
China and Japan have agreed to launch a maritime and aerial crisis management mechanism as soon as possible. The Chinese Defense Ministry announced that some progress was made in the 4th round of expert group discussion on maritime liaison mechanism held by both countries.
German shipowner Ernst Komrowski topped the list of the worst global dumpers with 14 end-of-life vessels sold to the beaches, according to a press release from NGO Ship-breaking Platform (NSP). All of these were formerly part of the Maersk fleet and had been on a long-term charter with the
MOU will explore both Port & Destination Development and Ship-Owning joint ventures with the goal of potentially launching China’s first world-class domestic cruise brand. Carnival Corporation & plc has signed a memorandum of understanding (MOU) with China Merchants
Mitsui O.S.K. Lines, Ltd. today announced the delivery of the coal carrier Shin Yahagi Maru, which will serve Chubu Electric Power Co., Inc. The vessel was delivered at Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on January 22, 2015.