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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.


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)


Irving Shipbuilding Commits $2 Mln for Arctic Research

Irving Shipbuilding Inc. has committed $2 million in funding in partnership with the Nunavut Arctic College for an applied research project with a northern focus.      “Irving Shipbuilding is pleased to support this call for research proposals for the Nunavut Research Institute,” said Kevin McCoy, Irving Shipbuilding President. “Projects like these help to ensure Canada has a developed and vibrant marine research industry, particularly in the Arctic


Donors Give $2.9 Mln to Train BC’s Future Shipbuilders

MP Randeep Sarai, Jonathan Whitworth - Seaspan CEO, and Brian Carter – President, Seaspan Shipyards with the recipients of today’s multi-year, multimillion dollar investment in the training of BC’s future shipbuilders (Photo: Seaspan)

The Dennis & Phyllis Washington Foundation, in conjunction with Seaspan, announced today a multi-year, multimillion dollar investment in the future of British Columbia’s marine industrial sector.   The commitment totals $2.9 million and includes a three-year, $900


Terntank's first 15000DWT Chemical Tanker Passes Sea Trials

Terntanks first 15000DWT Chemical Tanker with WinGD X-DF engine  Photo WinGD

The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) has passed the final milestone in its evolution from a technical concept to commercial operation as a marine main engine.


Austal Delivers Seventh EPF7 to US Navy

Delivery Ceremony for USNS Carson City (EPF 7) Photo Austal

Austal Limited (Austal) informed that the U.S. Navy has accepted delivery of USNS Carson City (EPF 7) from Austal USA, during a ceremony held aboard the ship at Austal USA’s shipyard in Mobile, Alabama, USA on 24 June. This is the second vessel delivered by Austal USA to the U.S


Expansion Planned for Newport News Industrial

Huntington Ingalls Industries (HII) announced that its Newport News Industrial subsidiary will undergo a 52,000-square-foot expansion at its headquarters facility in Newport News.   The facility, located at 182 Enterprise Drive, will be expanded to house production areas


Seoul's Effort to Calm Shipping Sector Storm

Photo: Hyundai Heavy Industries

 South Korea will pump $9.5bn (11 trillion won) into state-run policy lenders reeling from huge losses on loans made to the beleaguered shipbuilding and shipping sectors to help them deal with further corporate distress, says FT.  


Tsakos Orders Tankers at Sungdong

Photo: Tsakos Energy Navigation Ltd. (TEN)

 South Korean shipyard Sungdong Shipbuilding & Marine Engineering Co. (Sungdong) has won an order from Greece’s Tsakos Energy Navigation (TEN) for two 74,000 deadweight tonnage (DWT) crude-oil carriers with an option for two more.


Helengi Unveils LNG Bunkering Vessel

Image: heLeNGi

 Greece's LNG engineering solutions provider, Helengi has revealed its LNG bunker feeder vessel Amaltheia during the recent Posidonia exhibition held in Athens.   "A state of the art vessel is the result of years of intensive engineering studies and it is the first time that Greek


Portugal, Turkey in Ship Repair Deals

 Photo: Besiktas Shipyard

 Shipyards in Turkey and Portugal have struck deals for major ship repair projects during Posidonia Exhibition at the Athens Metropolitan Expo in Greece.   Portugal’s Lisnave and Turkey’s Gemak, have also inked repair deals with fleet owners.  


STX Shipbuilding Struggles to Survive

Image: STX Offshore & Shipbuilding Co Ltd

 STX Offshore & Shipbuilding may be put under a court-led restructuring scheme, paving the way for the shipyard to avert liquidation, says a report in Korea Times quoting local court.   Last month, STX Shipbuilding, once Korea's No


Interlake Steamship Continues Scrubber Upgrades

M/V James R. Barker (File photo: The Interlake Steamship Company)

The M/V James R. Barker sailed Sunday from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming Interlake Steamship Company’s first 1,000-footer and its second self-unloading bulk carrier to be outfitted with exhaust gas scrubbers.  


Lempke to Lead Newport News’ Energy Programs

Michael Lempke (Photo: HII)

Michael Lempke has been appointed vice president of energy programs for Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, succeeding Pete Diakun, who will retire at the end of the year after 31 years of service.  


Milestone for Canada’s Arctic Offshore Patrol Ships

GE’s Marine Solutions business in Peterborough, Ontario is completing one of the first milestones of the company’s seven-year contract with Irving Shipbuilding Inc.,(ISI) to provide electrical power, propulsion systems, installation and commissioning services for six ice-capable Arctic


Fincantieri, Rosneft Partner for a New Ship

During the 20th St. Petersburg International Economic Forum, Fincantieri and Rosneft signed a Heads of Agreement for the formation of a joint venture focused on design and engineering of a new type of vessel to be built at the Zvezda shipbuilding complex


Wärtsilä Offloads its WinGD Stake to CSSC

5X72DF engine cut-out view. (Photo: Winterthur Gas & Diesel Ltd. (WinGD))

In a prepared statement China State Shipbuilding Corporation (CSSC) and Wärtsilä announced that Wärtsilä transferred its 30% shareholding in Winterthur Gas & Diesel Ltd. (WinGD), headquartered in Winterthur, Switzerland, to CSSC


VIDEO: WinGD X-DF Engine Powered Chem Tanker Passes Test

The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) passed the final milestone in its evolution from a technical concept to commercial operation as a marine main engine.  






 
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