Csic News

Chinese shipyard Guangzhou Shipbuilding International (GSI) has received an order for four MAN B&W 8S60ME-GI engines in connection with the building of four 10,800 CEU pure car and truck carriers (PCTC) for South Korean shipping owner, HMM Co. Ltd.CSIC Diesel Engine Co. Ltd (CSE) will build the Mk10.5 dual-fuel -GI (-gas injection) engines in China, which will feature exhaust gas recirculation (EGR) emissions-reduction technology for Tier III NOx compliance.Upon delivery, the PCTCs will go out on charter to Hyundai Glovis Co.…

MAN Energy Solutions has announced the sale of its gas turbine business to China’s CSIC Longjiang GH Gas Turbine.CSIC Longjiang GH Gas Turbine (GHGT) develops small and medium-sized gas turbines in a 5 to 50 MW range as well as high performance and combustion technologies. The company is a subsidiary of China State Shipbuilding Corporation (CSSC) and is headquartered in Harbin (China).With this portfolio adjustment, MAN Energy Solutions is continuing its strategic focus on solution offerings for decarbonization and opening up long-term growth prospects for the product area.

Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas. Under the contract, Mammoet will be responsible for unloading, transportation, and installation for the Novatek-operated Arctic LNG 2 project.The $21.3 billion Arctic LNG 2 project, sanctioned in 2019, will develop the Utrenneye field on the Gydan Peninsula.

Global ship repair and maintenance services market is expected to grow from USD 18.89 Billion in 2018 to USD 39.93 Billion by 2026 at a CAGR of 7.04% during the forecast period from 2019-2026.According to report published by Fior Markets, the key contributing factors for the market growth are increase in the demand for new ships and activities, shortening of supply chains in ship repair and maintenance services, increased seaborne trade against the backdrop of recent economic boom, increase in the production of vessels.The bulk carriers section is anticipated to remain leading in the global ship repair and maintenance services market with USD 4.12 billion.

The largest shipbuilding group in the world, China State Shipbuilding Corporation (CSSC), has entered into a new strategic partnership with DNV GL, the international accredited registrar and classification society headquartered in Høvik, Norway.A framework agreement between both parties was signed by Qian Jianping, Vice President of CSSC, and Norbert Kray, Regional Manager for Greater China at DNV GL – Maritime. The ceremony was witnessed by Remi Eriksen, Group President & CEO of DNV GL, CSSC Chairman Lei Fanpei, and CSSC Group President Yang Jincheng.The strategic partnership will focus on developing future-proof solutions and competencies for shipping in a variety of fields including alternative fuels and environmentally friendly technologies…

China's cabinet has approved a merger of the country's two largest shipbuilders, China State Shipbuilding Corp (CSSC) and China Shipbuilding Industry Co (CSIC), the country's state asset regulator said on Friday.The companies' products range from aircraft carriers to commercial ships that carry oil and gas.Reporting by Beijing Monitoring Desk

Japanese floating production specialist MODEC has developed a pair of next generation new build hull designs for floating production, storage and offloading (FPSO) vessels developed in partnership with Mitsui E&S Shipbuilding, targeting greater production and storage capacity.As a result of increases in required crude oil and gas production capacities, FPSO topsides have become bigger and heavier, which has led to insufficient deck space area and insufficient crude oil storage capacity on on converted very large crude carriers (VLCC), MODEC said.

China's two largest shipbuilders are planning to merge, their listed arms said in separate exchange filings on Monday, the latest to join a wave of mergers among state-owned enterprises as the government overhauls the sector.The move by China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC), is subject to approvals from related authorities and there are still many details to be ironed out before the proposal can be finalized, the filings showed.A slew of units belonging to the two companies…

Croatia's ailing shipyard in the northern Adriatic city of Pula was placed into bankruptcy by a commercial court on Monday after an almost year-long effort to keep it afloat.The shipyard belongs to Uljanik, Croatia's largest shipbuilding group, which also owns another troubled dock in the northern Adriatic city of Rijeka. A decision on the shipyard in Rijeka is scheduled for June 5.The Pula shipyard has an outstanding debt of 164.8 million kuna ($25 million). Local media reported that it has 1…

A delegation from a leading Chinese shipbuilding company has arrived in Croatia for talks about a possible investment in the country's largest shipbuilder Uljanik, which is struggling to avoid bankruptcy.Officials from the China Shipbuilding Industry Corporation (CSIC) met Croatia's Prime Minister Andrej Plenkovic and his economic team on Monday and will visit Uljanik's docks in the northern Adriatic later this week."After the visit to the docks we will give full and serious consideration to this matter," CSIC's Chief Executive Hu Wenming told reporters. He said the delegation included lawyers and investment bankers to advise on any investment.Uljanik…

South Korea's "Big Three" shipbuilders may soon become the "Big Two". South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.The world’s biggest shipbuilder plans to buy a majority stake in in second-ranked rival from the state-run Korea Development Bank (KDB), WSJ reported quoting people directly involved in the matter.The move would consolidate HHI's position as the top South Korean shipbuilder and create a new industry giant.According to the report, a merger between the world’s two biggest shipyards has been in the works for about a year.

Marine propulsion manufacturers are not just responding to but are anticipating tighter performance demands from the U.S. EPA  and the IMO by introducing both new and upgraded systems based on state-of-the-art propulsion technologies. Tom Mulligan reviews the latest engine product launches.AIP for MAN cryo Liquid Hydrogen Fuel-Gas systemMAN Cryo, a subsidiary of MAN Energy Solutions, has developed a marine fuel-gas system for liquefied hydrogen in cooperation with Fjord1 and Multi Maritime 0f Norway.

Wärtsilä has received a series of notable orders for the upgraded version of its Wärtsilä 20 engine.A total of 33 engines have been ordered for merchant auxiliary power application in three major shipbuilding projects. The orders, which were booked in June, have been contracted with Wärtsilä Qiyao Diesel Company Ltd (WQDC), the joint venture company of Wärtsilä and Shanghai Marine Diesel Engine Research Institute (SMDERI).The engines will be installed in 11 new vessels being built in shipyards owned by China Shipbuilding Industry Corporation (CSIC).

China's anti-graft agency said on Saturday it is investigating the general manager of state-owned China Shipbuilding Industry Corp (CSIC).Sun Bo is suspected of serious disciplinary and legal violations, the Central Commission for Discipline Inspection (CCDI) said on its website.(Reporting by Andrew Galbraith; Editing by Adrian Croft)

The 20,000 TEU containership Cosco Shipping Gemini was officially named and delivered. The vessel was built by the Chinese shipyard Dalian Shipbuilding Industry (DSIC) for Chinese owner Cosco Shipping Lines. Chief Financial Officer of Cosco Shipping, Sun Yueyin, attended the naming ceremony. She named the vessel and cut the ribbon. President and Deputy Party Secretary of China Shipbuilding Industry Corporation (CSIC), Sun Bo; Party Secretary of Cosco Shipping Lines, Qian Weizhong; Chairman and Party Secretary of DSIC, Liu Zheng; as well as other guests and representatives from Cosco Shipping, CSIC, Cosco Shipping Lines, DSIC, DNV-GL Group and China Classification Society (CCS) were also present at the event on invitation.

MacGregor, part of Cargotec, has entered into an agreement to acquire the marine and offshore businesses from TTS Group, a global provider of cargo handling equipment and services for merchant and offshore ships for an enterprise value of EUR 87 million ($106 mln). The combination of the two businesses will produce greater scale and diversification and will strengthen MacGregor's portfolio and market position in key markets for cargo and load handling equipment. Based on preliminary estimates, potential cost synergies are estimated to be around EUR 30-35 million on annual level and are expected to be reached within three years from closing.

Drive train technology specialist The Switch has become one of the first foreign companies to sign a partnership agreement with Chinese shipbuilding conglomerate China Shipbuilding Industry Corporation (CSIC). On Monday, September 11, The Switch entered into a strategic partnership agreement with CSIC/711, which operates under the direct jurisdiction of CSIC as the sole R&D institute of marine diesel engines in China. A leading state-owned enterprise, CSIC is one of China’s largest shipbuilding and ship repair groups.

All Marine Spares said it has been appointed as the official agent in the U.S. for the promotion and sale of the BalClor Ballast Water Management Systems from SUNRUI, a wholly owned subsidiary company of China Shipbuilding Industry Company Limited (CSIC). The SUNRUI BalClor BWMS achieved USCG Type approval certificate in June 2017. SUNRUI BalClor BWMS has achieved type Approvals from CCS, DNV-GL, NK, BV, LR, ABS and RINA. To date 619 units have already been ordered while 265 of the units have already been delivered.

China Shipbuilding Industry Corp (CSIC) is developing a manned submersible vehicle, which would be able to dive into Challenger Deep, the deepest point on Earth estimated to be around 10,900m below the surface, Xinhua news agency reported. CSIC is almost done building a new cost-efficient manned submersible that could reach the majority of seabeds in the world. The development of deep-sea manned submersibles for rough seas would be one of CSIC's priorities in 2017. The vessel, now under final assembly and testing phase, will be equipped with five observation windows and three seats. If successful, the Chinese submersible would be the third to reach the bottom of Challenger Deep, also in the Mariana Trench.

Aqualis Offshore and China Ship Design & Research Center Co., Ltd (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally. CSDC, a subsidiary company of China Shipbuilding Industry Corp (CSIC), specializes in shipbuilding and offshore engineering services. Aqualis Offshore, part of Oslo-listed Aqualis ASA, is a specialized offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Under the agreement, Aqualis Offshore and CSDC will cooperate in the fields of engineering, project management, research, innovation and marketing. A key objective is to develop a joint engineering service to offshore newbuild projects in China and elsewhere.

China launched world's largest bulk carrier 'Ore Tianjin' in the port city Qingdao, east China's Shandong Province, reported China Daily. The mammoth ore ship, built by the Wuhan subordinate of China Shipbuilding Industry Corporation (CSIC), can carry 400,000 metric ton deadweight (DWT). It will go into service for ore transportation between China and Brazil upon delivery, which is expected in April 2018. At 362 meters long, 65 meters wide and 30.4 meters deep, and a deck equivalent to three soccer fields, it's 25 meters longer than the world's largest aircraft carrier USS Gerald R. Ford. Considering the huge size of the ship, innovation has been made to ensure its safety, stability and its energy saving and environment-friendly properties.

The primary contractor for China's naval force China State Shipbuilding Corp (CSSC) is preparing a major asset reorganization involving its two subsidiaries, reported China Daily. The companies have halted stock trading on the Shanghai Stock Exchange The announcement said that whether the reforms take place would be decided in the next 10 trading days. CSSC Holdings Ltd and CSSC Offshore and Marine Engineering Co Ltd both acted upon the notices from their parent company about the potential asset reform by suspending their stock trading. The CSSC group is the parent of three listed companies. CSSC Science and Technology Co Ltd didn't respond to the notice.

Gulf Navigation Holding (GNH) announces the initiation of studies for large expansion of its operations in the northern region of the United Arab Emirates consisting of a set of comprehensive maritime activities, (the GNH Northern Project), including ship building, ship repair and offshore platforms, equipment and services, logistics, marine specialized operations and global mobile ship repair and services including a float and during voyage. The eastern coast of the United Arab Emirates is considered one of the most important trade route in the world and berthing areas and it is the world’s second leader in the supply and ship refueling/ bunkering, per studies at least over 200 work boats are employed for offshore support and supply in the eastern coast.