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Shipbuilding

OECD Considers Shipbuilding Market Distortion

An Organisation for Cooperation & Economic Development working party considers shipbuilding market distorting factors This special session of the WP6 held on 21, June 2012, was intended to take a fresh look at market distorting factors, so that future efforts can be directed towards those that are the most important, and which would benefit most from further attention by the Working Party. The discussions at this special session will be taken into account during the review of the WP6 mandate before its expiration at the end of 2013, as well as the consideration of its future Programme of Work. The Programme of the special session was as follows: PART A. CURRENT STATUS OF THE SHIPBUILDING INDUSTRY AND ITS SUSCEPTIBILITY TO DISTORTION PART B. DO GOVERNMENT SUPPORT MEASURES DISTORT THE SHIPBUILDING INDUSTRY? PART C. INDUSTRY ANTI-COMPETITIVE PRACTICES – DO THEY EXIST IN SHIPBUILDING?     •    Shipyard Economics 
“Presentation on Market Distortions Report ”     •    European Union
" Extended Intervention on market distortions"     •    SEA Europe, Ships & Maritime Equipment Association 
“Market and Policy Developments in Shipbuilding ”


New Shipuilding Method Promises Cost Savings

Hyundai Heavy Industries (HHI) has developed and obtained an international patent for a new inundation method used in the tandem shipbuilding process. With traditional methods, a vessel that was under construction would float on the water whenever the dry dock was flooded to launch a completed ship. The new method holds the incomplete ship in place, allowing the company to continue work on the ship whether the dry dock is flooded or dry, reducing construction time.


Shanghai’s 2005 shipbuilding capacities surpass 4.3M DWT

The four major shipbuilding bases in Shanghai manufactured 71 ships in 2005 with a total value of about $2.1 billion, up 15.4% year-on-year, China Knowledge reported. The shipbuilding capacities of the four major bases exceeded 4.3 million dead weight tonnages (DWT) in 2005, an increase of more than 1.2 million DWT over 2004. The four bases are Hudong-Zhonghua Shipbuilding (Group) Co. Ltd, Jiangnan Shipyard (Group) Co. Ltd., Shanghai Waigaoqiao Shipbuilding Co


First Phase Completed at Changxing Shipbuilding Base

The first phase of the Jiangnan Changxing Shipbuilding Base has been finished and is already in operation on Changxing Island, Shanghai. Built by the China State Shipbuilding Corporation (CSSC), it has three production lines and four boatyards capable of holding 300,000-ton ships. Almost unparalleled in the world, it is the biggest shipbuilding project ever to be undertaken in China. Shanghai has the potential to be the world's largest shipbuilding base.


Shipbuilding and Repair Presence Primorye

Far Eastern Center for Shipbuilding and Shiprepairing is being created in Primorye. The Primorsky Territory Administration hosted a meeting dedicated to this new center. RF President Aide Alexander Burutin and Primorye Vice-Governor Pavel Popov took part in the meeting dedicated to creation of OJSC, which was held in the Primorsky Territory Administration. As the Administration reports, this open joint-stock company (OJSC) will be a sub-holding within the United Shipbuilding


Public Meeting on the Investment Environment In Yangzhou

Public meeting  held in Yangzhou.bmp

— Public meeting on the investment environment of the Hanjiang Shipbuilding (and Heavy Industry) Industrial Park and Sinopacific Shipbuilding Affiliated Industrial Base is held in Yangzhou Yangzhou, April 26, 2011 —— A public meeting on the investment environment of the Hanjiang Shipbuilding (and Heavy Industry) Industrial Park and Sinopacific Shipbuilding Affiliated Industrial Base was held in Yangzhou today


Daewoo Forms Joint Venture with Nigerian National Petroleum

Daewoo Shipbuilding & Marine Engineering Co Ltd will enter the shipping business by forming a joint venture company with Nigerian National Petroleum Co, Daewoo Shipbuilding said. The joint venture, tentatively named Nigeria Daewoo Shipping Ltd, will have a capital base of 10 mln usd, with Daewoo Shipbuilding owning 51 pct and Nigerian National Petroleum the rest, Daewoo Shipbuilding said. Daewoo Shipbuilding will be in charge of the management and Nigerian National Petroleum will supply


Report: European Shipbuilding in Need of Skilled People

The European shipbuilding industry is in need of highly skilled people, a recent study by Koers & Vaart for CESA and EMF revealed.   The report said an annual need for technical employees in the EU shipbuilding industry over the next 5 years of 11,000 people, which is 11 percent of the present EU shipbuilding technical workforce. Retirements taken into account the EU shipbuilding workforce has to grow by 10% per year in the next five years.


New Vietnam Shipbuilding Group to be Lauched

According to a report from the VietnamNet Bridge, Deputy Prime Minister Nguyen Sinh Hung said a new Vietnam Shipbuilding Industry Group, Vinashin, will be unveiled this month or early November. The new shipbuilding group will focus on its core business, which are shipbuilding and repairing; supporting industries for shipbuilding; and providing training courses in the field. (Source: VietnamNet Bridge)  


China Shipbuilding Profit Jumps

According to a report from Ebeling Heffernan, China Shipbuilding Industry Co. (CSIC), the country’s northern shipbuilding giant, said its net profit last year rose 7.28% to about $246b. Due to a recovery in the Global shipbuilding market and a rise in orders, shipbuilding business has increased business 38.17% from the same period last year, it said.   (SourceL Ebeling Heffernan)


Turkey Maritime Sector Alive & Kicking

A cruise liner docked at the Port of Istanbul

Located on the periphery of two great continents, Turkey has benefitted from being in a favored position right at the center of an assertive and fast growing economic area. This geographical location finds Turkey in a very favorable position


MAN Demonstrates Two-Stroke Methanol Engine Concept

 The demonstration of the ME-LGI concept engine at MANs Diesel Research Centre in Copenhagen (Image courtesy of MAN Diesel & Turbo)

MAN Diesel & Turbo successfully demonstrated its ME-LGI concept engine in front of customers and partners at its Diesel Research Center in Copenhagen on March 17th, the company announced today.   “A number of years ago we identified the need to develop an engine that could run on


ABG Ties Up with GTT for LNG Technology

Pic: ABG Shipyard

 ABG Shipyard Ltd has tied up with Gaztransport and Technigaz (GTT) of France for the maritime transportation and storage of liquefied natural gas (LNG), reports Livemint.   With this pact, ABG has become the third Indian company to secure technology collaboration to build LNG carriers


Shipbuilding: Mitsui Delivers Bulk Carrier

Photo courtesy of MES

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. Desert Osprey (MES Hull No. 1862) at its Chiba Works on March 31 2015 to Lazio Shipping and Investment Limited, Republic of Marshall Islands.


Sen. Wicker Calls for Larger Navy

      Sen. Roger Wicker, Chairman of the Senate Subcommittee on Seapower

  U.S. Senator Roger Wicker, R-Miss., Chairman of the Senate Subcommittee on Seapower, today called for increased shipbuilding and warned about readiness shortfalls  while delivering the opening statement for the subcommittee's review of Navy shipbuilding programs.  


Austal Wins LCS Class Services Support Contract

Photo courtesy of Austal

Austal Limited was awarded a $6,502,918 modification to previously awarded contract (N00024-11-C-2301) to exercise an option for special studies, analyses and review efforts for the Littoral Combat Ship (LCS) program.    The deal will see Austal provide engineering and design services


Scorpio Tankers Secures Loan Duo

Scorpio Tankers Inc. received commitments for two new loan facilities

  Scorpio Tankers Inc. announced today that it has received commitments from two leading European financial institutions for two separate loan facilities of up to $113.2 million in aggregate to partially finance the purchase of four LR2 product tankers that was announced in December 2014.


US Navy Christens New Amphibious Transport Dock as John P Murtha

Amphibious warship John P. Murtha: 	Photo by US Naval Institute

 The US Navy is christening the tenth San Antonio-class amphibious transport dock ship on 21 March at the Huntington Ingalls Industries' (HII) shipbuilding division visitor control centre.   The ship is being named in honour of late John P Murtha


CADMatch Maritime Day Set for April 16

Image: SSI

In collaboration with Autodesk, SSI's dealer in the Benelux, CADMatch, has organized CADMatch Maritime Day for April 16, 2015 in Oosterhout, NB. The day’s theme will be "Engineering: the foundation for success."   


SENER to Debut Latest FORAN Release at SINAVAL

Image: SENER

SENER informs it will take active part in SINAVAL-EUROFISHING from April 21-23, a fair held every two years in Bilbao.   During the exhibition, SENER will present the new enhancements in the shipbuilding CAD/CAM system FORAN, in all disciplines (forms


GTT Bags Order for DSME-built LNGC

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received an order for one liquefied natural gas carrier (LNGC).   The ship will be built by the South Korean shipbuilder Daewoo


The Switch Receives PM Shaft Generators Order

Photo courtesy of The Switch

The Switch, a supplier of megawatt-class permanent magnet (PM) generator and full-power converter packages for wind power and other renewable energy applications, received another order to deliver two PM shaft generators to WE Tech Solutions of Finland.  


Big Spending on Liquefaction Terminals

Capital expenditure (Capex) on global liquefied natural gas (LNG) facilities is expected to total $259 billion over the forecast period 2015-2019, according to the new ninth edition of Douglas-Westwood’s (DW) World LNG Market Forecast 2015-2019


MOL’s Coal Carrier for Tokyo Electric Power

Coal carrier Hakutaka

  Mitsui O.S.K. Lines, Ltd. today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc. was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation on March 26, 2015. The vessel jointly developed by Sanoyas Shipyard and MOL


CSIC, CSSC Dismiss Shipbuilder Merger Rumors

China's state-backed shipbuilding giants said they have not received any merger-related information from authorities, after an executive swap between the firms sparked a market rally in their shares. The pair are the latest state firms to see merger rumours trigger jumps in their share prices






 
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