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Global Shipbuilding to Turn Around in 2017: Castrol

Statistics:  Castrol Marine Trade Barometer

 Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer.   The Barometer predicts that growth will be driven largely by the Asia-Pacific region, but also Latin America and the Middle East. All European nations but the Netherlands face a downward trend until 2017.   Mandhir Singh, COO at Castrol, says, “The main growth in shipbuilding will come from AsiaPacific countries to 2019. These nations are well positioned to supply ultra-large vessels, which shipping companies are increasingly demanding for their fuel efficiency and economies of scale.   “Traditional shipbuilding nations, like Germany and the UK, will need to up their game if they’re to compete with the colossal shipyards and deep ports of the Asia-Pacific region,” Mandhir added.   The Marine Trade Barometer tracks the value of manufactured ship parts as a measure of the performance of the global shipbuilding industry. It also includes the Castrol Global Port Report, which scrutinises the performance of the 50 largest ports in the world by value.    The Marine Trade Barometer reflects the continued importance of the Asia-Pacific region to the global shipbuilding industry. Four of the top five leading traders in ship parts are from the area


U.S. Labor Seeks Ban on Some Foreign Ship Parts

The Metal Trades Department of the AFL-CIO has sued the U.S. Coast Guard over allowing domestic shipyards to use preassembled foreign ship parts and engines, Ron Ault, president of the MTD, said on Tuesday. Preassembled ship parts require little or no assembly at U.S. shipyards, and cut the need for U.S. labor at these yards, he told Reuters in an interview. MTD, a trade department of the American federation of labor unions, coordinates negotiating


Wartsila Chosen to Supply "Bangkok-Max" Container Ships

Wärtsilä will supply the main engines for the first series of eight "Bangkok-max" container ships being built at the Guangzhou Wenchong Shipyard in China. The ships, ordered in June, will serve as feeder vessels in Asian waters. The scope of supply includes eight Wärtsilä RT-flex60C main engines, which will be built by a Wärtsilä licensee, Hudong Heavy Machinery (HHM), based in Shanghai


Big Ship Newbuildings: Global Order Update

Shipyard: File photo

Container ship newbuildings figure most active in the latest weekly news from Clarkson Hellas, with the majority of orders placed with China and Korea shipbuilders. Dry bulk carriers Clients of Diana Shipping reports Clarkson Hellas in its Weekly Bulletin have announced a further order for one 82,000 DWT Kamsarmax at Sinopacific’s Dayang facility. Based on the Sinopacific MHI 82 design, the vessel is planned for delivery in the second quarter of 2016.


ClassNK's Structural Rules for Bulkers & Tankers

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  The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015. These new technical rules were developed in response to adoption of the “Common Structural Rules for Bulk Carriers and Tankers” by IACS. The requirements in Part CSR-B&T apply to both bulk carriers 90 meters or longer and oil tankers 150


USG to Sell 2 GTL Ships for $42m

North American building products company United States Gypsum Corporation (USG) announced that it has entered into agreements to sell two gypsum carrying ships.   The two ships, part of USG’s non-core shipping business, Gypsum Transportation Limited (GTL), will be sold for $42 million. The sales are expected to close in April 2015.   The announcement was made as part of USG’s 2015 Q1 report.


New Ship Noise, Vibration Guidelines from ClassNK

ClassNK released its new Noise and Vibration Guideline for measuring and evaluating the noise and vibration on ships. The new Guideline address the growing demand for new standards for noise and vibration on commercial vessels and provides detailed requirements for measuring and evaluating noise and vibrations in crew accommodations and machinery rooms, as well as establishes new notations for ships that comply with the new requirements.


Port State Enforcement of ILO MLC: Free ICS Advisory Download

ILO IMC Guidance Brochure: Image courtesy of ICS

The International Chamber of Shipping (ICS) has issued advice to shipowners to help them pre-empt port state control problems when the Convention enters in force on 20 August 2013. The advice – contained in a brochure which can be downloaded free of charge via the ICS website – explains the measures that port state control officers are entitled to take, which initially will vary from country to country depending upon the date when the port state ratified the Convention.  


Crowley and Subsidiary TITAN Rub Shoulders in Houston

Costa salvage: Image courtesy of TITAN

Crowley Maritime Corp.’s solutions group, project logistics and global freight management team, and subsidiary TITAN Salvage have relocated to a shared, custom-designed office and warehouse facility in Houston. The new consolidated location at 15894 Diplomatic Plaza Drive is expected to foster company-wide synergies, expand TITAN and Crowley’s customer base and create new business opportunities among the three groups


Lloyd's Register Alert: New SOLAS Regulation II-1/8-1

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SOLAS Regulation II-1/8-1 has been amended and will require operational information to be provided to the master after a flooding casualty to assist with decisions regarding safe return to port.   The new requirement applies to passenger vessels over 120m in length or with three or more main vertical zones, constructed on or after 1 January, 2014. The operational information can be provided by onboard stability computers or through shore-based support arrangements, as follows.  


Beacon Finland Appoints Rio Marine for US Support

Beacon Finland, a maritime-related firm engaged in naval architecture, marine engineering and equipment, has appointed Rio Marine to service its JAK-ATB coupling systems in the U.S.   Tuija Horkko, Beacon Finland’s Chairman, said Rio Marine will become the exclusive company to


Saudi Arabia, Bahrain Ban Iranian Ships From Ports

Saudi Arabia and Bahrain have banned Iranian-flagged vessels from entering their waters and imposed other shipping restrictions, according to ship insurers citing local reports, potentially escalating tensions between Tehran and Riyadh.  


Amazon Expands Logistics Reach in China

Amazon.com Inc is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages.   Its plans in China, outlined in filings there, include handling cargo and customs for goods headed to ports in Japan


Meyer Turku Lays Keel of Tallink’s LNG Ferry

Image: Tallink

The keel of the Tallink’s new LNG-powered fast ferry Megastar was laid at the Meyer Turku shipyard   The hull assembly of Tallink’s new fast ferry Megastar started today at the Meyer Turku shipyard with traditional ceremonies


Antwerp Port, ICBC Ink Partnership Deal

Luc Arnouts (HA) en Gao Ming (ICBC) ondertekenen MOU Courtesy Antwerp Port

Antwerp Port Authority today made a partnership agreement with the Industrial and Commercial Bank of China (ICBC). The Memorandum of Understanding was signed last week at the official opening of the ICBC’s Antwerp branch in Brasschaat Castle


European Consortium Launches Blue Nodules Project

Project Blue Nodules Deep Sea Mining Concept Courtesy EC

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the challenge of creating a viable and sustainable value chain to retrieve polymetallic nodules from the ocean floor. It will develop and test new highly-automated and sustainable


Norbulk Selects Parker Kittiwake’s Cat Fines Test Kit

Parker Kittiwake Cat Fines Test Kit for Norbulk Photo Norbulk

Parker Kittiwake, a leading global supplier of asset control and protection technology, has today announced a significant order of its recently launched Cat Fines Test Kit from leading ship management company, Norbulk Shipping. The contract was awarded to Parker Kittiwake following a competitive


Hanjin's First Service Call at Krishnapatnam Port

Courtesy Hanjin

Hanjin Shipping India Pvt Ltd, the South Korean shipping conglomerate, made its maiden call at KPCT on 1st February, 2016. Vessel MV Hanjin Florida had exchanged 553 TEU out of which 109 TEU are imports and 444 TEU are exports. Krishnapatnam Port Container Terminal


Schottel Canada Opens Quebec Offices

Sylvain Robitaille, Schottel Canada Regional Sales Manager

Sylvain Robitaille has been named Regional Sales Manager. Reflecting the growing volume of shipbuilding projects and expansion of its customer base in the region, Schottel has opened a new sales office in the Quebec City, Quebec area. Schottel Canada, Inc


Australian Navy Commissions HMAS Adelaide

Australia’s second Landing Helicopter Dock (LHD) ship, HMAS Adelaide, arriving at its new home at Fleet Base East Garden Island, Sydney. (Photo courtesy of the RAN)

Royal Australian Navy commissions second LHD HMAS Adelaide powered by GE LM2500 marine gas turbines   GE Marine reports that its LM2500 gas turbines now power the Royal Australian Navy’s HMAS Adelaide which was commissioned in late 2015


SevenCs Supports MariGreen Project

SevenCs is part of the EU INTERREG V A cross-border project “MariGreen” to support the maritime industry in the transition towards more efficient, greener and more sustainable shipping.   The MariGreen project develops innovations for greener and low-emission shipping and


Wärtsilä's' BWMS for New Crane Ship Design

AQUARIUS UV Ballast Water Courtesy Wartsila

A new crane ship designed by Netherlands based Royal IHC, a global leader in offshore, dredging and mining vessels, will feature the Wärtsilä Aquarius UV Ballast Water Management System (BWMS). The first vessel of this design is currently under construction at a shipyard in China


Interactive Map Highlights Shipping's Global Security Threats

RiskMap Courtesy TMG

Ship owners and managers can now view what security threats a country poses to shipping lines with the click of a button thanks to a new live interactive map.   The security and risk mapping system RiskMap provides a new and unique way of viewing and categorising up-to-the-minute security


JFD Wins Lifeboat Design Contract for Flash Tekk

Photo: JFD

JFD, part of James Fisher and Sons plc, announced that it has won a contract with Singaporean company Flash Tekk Engineering for the design and manufacture of up to eight Self-Propelled Hyperbaric Lifeboats (SPHL).   A development to improve operational safety standards


Transas Academy Launched

Ralf Lehnert, VP for the Transas Academy (Photo: Transas)

Transas Academy launched during the Simulation User Conference 2016   Transas has launched its newly established Transas Academy, part of the company's THESIS, the Transas Harmonized Eco System of Integrated Solutions, during the Simulation User Conference (SimUC) which took place in






 
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