Dong Fang News

Over the last few weeks, we have seen three announcements by Chinese OEMs of 18-megawatt (MW) turbines. CSSC Haizhuang announced the H260-18MW turbine with a 260-meter rotor diameter. Mingyang Smart Energy has announced its new MySE 18X-28X turbine, which has a rotor diameter of over 280 meters.Dongfang is developing 16-, 17- and 18-MW turbines featuring rotor diameters of over 160 meters and 128-meter-long blades.We expect these turbines to be aimed at both the Chinese domestic market as well as projects in Europe…

Norwegian offshore vessel firm GC Rieber Shipping has delivered the SURF / Construction vessel Polar Onyxto the new owners.GC Rieber Shipping first announced the agreement to sell the vessel to Taiwan-based offshore wind service conglomerate Dong Fang Offshore and Hung Hua Construction back in December 2021."The vessel has today been delivered to the new owner," GC Rieber Shipping said Thursday.The sale of the vessel, built at Ulstein Verft in 2014, includes the VLS tower onboard the vessel…

Oslo-listed GC Rieber Shipping has agreed to sell its SURF / Construction Vessel Polar Onyx to Taiwan-based offshore wind service conglomerate Dong Fang Offshore and Hung Hua Construction.The delivery of the vessel, built at Ulstein Verft in 2014, is expected to take place in the first quarter of 2022. The sale includes the VLS tower onboard the vessel. "Polar Onyx has since delivery proven herself as a solid and valuable asset in the SURF market. Starting out in Brazil in 2014, the vessel has performed robust operations on three continents on great depths.

The offshore wind industry has made great strides to become a cost-competitive option for grid and off-grid energy solutions. And today, the industry is growing faster than ever before, both in the well-established European market and in newer ones such as in China, Taiwan, Japan and the U.S.As the industry keeps growing, projects and turbines do too, says Philip Lewis, director of research at World Energy Reports."Offshore wind is becoming more mainstream, and as it does, the average project size is increasing…

High Speed Transfers goes global with BareFLEET, as the firm commits to monitoring and reporting best practice proven across European operations.High Speed Transfers (HST), a Crew Transfer Vessel (CTV) operator supporting the offshore wind energy and oil and gas industries, is adopting BareFLEET, Reygar’s advanced remote monitoring system, across the entirety of its fleet as the business looks to replicate its European successes in the U.S. and Taiwanese markets.Offshore energy is an increasingly global sector…

Hung Hua Construction of Taiwan has ordered a third Damen Fast Crew Supplier (FCS) to add to the two it ordered at the start of the year.This latest vessel will be a Damen FCS 2610. The contract was signed by the two parties at the start of September and, with the vessel already on stock at Damen Shipyards Singapore, it will be delivered this month following finishing and some customization. It will be the company’s first operational vessel.The FCS 2610 is a best-selling design…

China’s Dongfang Electric Corp. (DEC) has unveiled  what it claims will be the country’s first 10MW offshore wind turbine after successfully developing a direct-drive permanent-magnet generator (PMG) for the super-sized machine.The company reported that it underwent testing and is now ready for commercial operations.The new generator is by far the largest of its kind in the country in terms of rotor diameter and unit capacity, according to its developer, Dongfang Electric Corporation.Based on the working conditions in Chinese waters, permanent magnet direct drive and full power conversion technologies were used to achieve active typhoon-resistant performance.The successful delivery of the generator indicates the R&D and manufacturing capabilities of high-power offshore wind turbines…

The shipping containers market estimated to grow with a CAGR of 6.5% during the forecast period from 2018 to 2026, said a report.According to ResearchAndMarkets' latest report, the number of goods carried by shipping containers witnessed an extravagant grow from 102 million metric tons in 1980 to 1.83 billion metric tons in 2017.The quantity is projected to claim more than 60% of the world seaborne trade and almost 90% of the non-bulk cargo transported across the globe, it said.The number is quite promising and anticipated to proliferate significantly in the coming years. Therefore, the aforementioned number strongly advocate the consistent…

The global shipping containers market garnered $9.29 billion in 2017 and is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.Surge in seaborne trade, rise of transportation services, and increase in number of manufacturing facilities drive the growth in the market, said a research report by Allied Market Research.However, decreasing economic growth in few nations in Europe and the Asia-Pacific region restrain the market growth. On the other hand, the implementation of development programs and different supportive initiatives present new opportunities for growth, it said.Based on size of container…

The global shipping containers market, which amassed $9.29 billion in 2017, is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.According to a report by Allied Market Research, surge in seaborne trade, rise of transportation services, and increase in number of manufacturing facilities drive the growth in the market. However, decreasing economic growth in few nations in Europe and the Asia-Pacific region restrain the market growth.On the other hand, the implementation of development programs and different supportive initiatives present new opportunities for growth, it said.Asia-Pacific is a lucrative region.

The world's largest silent research vessel built by China was officially put into use, which will pave the way for the cultivation of innovative deep-sea talent and ocean science study.Built by Shanghai-based Jiangnan Shipyard (Group) Co., Ltd, the Dong Fang Hong 3 is the first Chinese research vessel and the world' fourth to have obtained a Silent-R certificate, the highest standard for underwater noise control issued by Norwegian international certification body, DNV GL, according to Xie Jun, chief builder of the vessel.The ship is the first one in China and fourth in the world to receive the certification, positioning the vessel at the highest international standard in terms of the underwater radiation noise control in the world.

The move towards container leasing and away from carrier ownership continues unabated and the leased fleet now has a clear majority over that owned by transport operators, according to the latest edition of the Container Census & Leasing and Equipment Insight published by global shipping consultancy Drewry. Leasing companies accounted for 55% of container purchases in 2017, which continues the trend seen for most of this decade. With the fleet of containers owned by transport operators growing by a mere 2.4%, the leased fleet added 6.7% and the share owned by lessors is now nearing 52%. “Drewry expects this trend to continue over the next few years,” said Drewry’s director of research products Martin Dixon.

An oil tanker carrying 3,400 tonnes of naphtha exploded during discharge at a southern Chinese port on Thursday and one person on board was missing, official Xinhua news agency reported. The rescue team said explosions occurred in the engine room as the tanker was discharging at Dongfang port in China's southernmost island province of Hainan. Reporting by Chen Aizhu

Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points. These containers are large rectangular boxes made of a special corrosion resistant grade of steel and are characterized by high strength and durability. Containers are generally made up of aluminum and steel. The size and type built of each container comply with specifications and regulations formulated by the International Organization for Standardization (ISO). Shipping containers are classified into three main categories, namely dry containers, reefer containers, and tank containers.

Pirates attacked A Malaysian-registered oil tanker off the coast of West Kalimantan (Indonesia) and robbed its crew of valuables on Thursday night. Malaysian Maritime Enforcement Agency (MMEA) district operations director Commander Shahref Steve Mac Queen Abdullah said the tanker, MT Dongfang, was travelling from Port Dickson to Labuan when the incident happened around 8.30pm in Indonesian waters. "The ship's 17 member crews were not harmed during the incident," said Kuching district operations director Commander Steve MacQueen Abdullah. “The MMEA was informed by the International Maritime Bureau about the robbery, which occurred about 52 nautical miles north of Pulau Uwi in Indonesia. "The robbers, numbering about 25, were armed with pistols.

Russian stock indexes continued to rally on Tuesday, boosted by expectations that Russia will not intervene in Ukraine's political crisis while shrugging off negative news on the progress of gas talks between Russia and China. The latter, however, hit Russia's leading gas producer Gazprom, which fell 1.8 percent, bucking the generally positive market trend. The rouble-denominated MICEX index was up 0.8 percent by the close at 1,425.6 points, while the dollar-based RTS index had risen 0.7 percent to 1,298.6 points.

Dry bulk carrier newbuilding orders predominate among the contracts reported in the latest issue of the Clarkson Hellas S&P Weekly Bulletin. One order is reported by Clarkson Hellas in the larger dry sizes this week, with Foremost Maritime contracting two firm 180,000 DWT Capesize at Beihai Shipyard. Delivery of the first vessel is due in the later part of 2015, with the second due in the final quarter of 2016. In Japan, First Steamship are reported to have contracted a single 85,000 DWT post-panamax bulk carrier at Sasebo Heavy, due to deliver in 2016.

Chinese banks are stuck in a lose-lose legal battle between domestic shipyards and foreign buyers over billions of dollars in refund guarantees that are supposed to be paid out if shipbuilders fail to deliver on time. One in three ships ordered from Chinese builders was behind schedule in 2013, according to data from Clarksons Research, a UK-based shipping intelligence firm. Although that was an improvement from 36 percent a year earlier, it was well behind rival South Korea, where shipyards routinely delivered ahead of schedule the same year. That means Chinese banks may be on the hook to pay large sums to buyers if the yards can't come through per contract, with little hope of recouping the cash from the yards.

Golden Stena Weco recently invested in its first tanker within the framework of the newly established joint venture. The 9,000 dwt tanker, called Golden Adventure, will be delivered from the Chinese shipyard Dongfang Shipbuilding in the next few days after reprofiling. “The Golden Adventure is the first tanker in our jointly owned fleet and will be employed in transporting Golden Agri’s palm oil cargoes mainly in Asia, more exactly from Indonesia and Malaysia to India and China”, says Erik Hånell, MD, Stena Weco. Golden Stena Weco is a joint venture between Stena Weco and the Indonesian palm oil producer Golden Agri Resources (GAR). The shipping and chartering company Golden Stena Weco recently inaugurated its office in Golden Agri Plaza in Singapore.

Dongfang Shipbuilding Group Co., Ltd. (Zongyang) the largest private shipyard in Anhui is preparing to sell off part of its assets, or intends to recapitalize. In early May 2007, Zhejiang Dongfang Shipbuilding Group Co., Ltd. took note of Zongyang's unique resources along the Yangtze River and decided to found a shipyard in Zongyang. On December 6 of that year, Dongfang Shipbuilding Co., Ltd. with a total investment of 10.8 billion Yuan was founded. Chen Guojun, the only 22-year-old son of " Wenzhou shipping tycoon" Chen Kaotong, was appointed as the general manager. On August 18 2011, Dongfang Shipbuilding was listed on the London Stock Exchange.

According to Reuters, Credit Suisse and a group of Chinese banks have seized seven of Dongfang Shipbuilding's tankers due to outstanding debts of around $250 million after the Singapore Supreme Court ruled in favour of the creditors, a minority shareholder said. The Singapore-based shipbuilder was delisted from the alternative investment market of the London Stock Exchange last week after struggling for months to stay afloat in the face of a severe downturn in the maritime industry. Dongfang was previously contracted to deliver the seven vessels to European-based clients, which later cancelled the orders, former Dongfang chairman Narayanaswamy said, without identifying the clients and the value of the contracts.

Ningbo Dongfang Shipyard has recently won two newbuilding orders for two 6,500dwt tankers and a 4,500dwt pair from Zhejiang Huayun Shipping and Guangdong Zhanjiang Fuda Shipping, which will be the first NOBS ships to be built in China. The newbuilds will be delivered by 2013 and employed in hauling fuel in Singapore and South East Asia routes. XED say they have spent 3 years on R&D on the NOBS project, and have obtained the patent rights from the State Intellectual Property Office of the PRC; at present there are no ships of this type in the world. The patent includes the ship types: NOBS tanker, NOBS chemical tanker, NOBS bulker and NOBS containership.

According to a report on www.rttnews.com, Dongfang Shipbuilding Company Limited intends to seek admission of its shares to trading on the AIM market of the London Stock Exchange. Dealings are expected to commence on AIM on 18 August 2011. Dongfang diversified into shipping, owning and operating six 9,000 dwt chemical tankers and one 9,200 dwt chemical tanker, out of Singapore and Hong Kong. The Group currently has about 530 full time employees across the two businesses. The Group has recently moved into the production of 3,200 DWT chemical stainless steel vessels. The shipbuilding order book as at June 30, 2011, according to the report on RTT News, amounted to around $89m. The contracted delivery dates of new vessels and those under construction are between August 2011 and January 2014.