Steel Cut for World's First LNG Cruise Liner
German shipbuilder MEYER WERFT held a steel cutting ceremony on February 21 in Papenburg marking the ceremonial start of construction for the newest cruise liner for Rostock-based cruise company AIDA Cruises. The new cruise ship will be the world’s first capable of operating completely on liquefied natural gas (LNG). Felix Eichhorn, President of AIDA Cruises, pressed the start button of the computer-controlled cutting machine to commence work on the first steel plate for the next generation of AIDA cruise ships.
VT Halter Marine Names Socha Senior VP
U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017. In his role, Socha is responsible for overall management and leadership of the company’s business development and estimating departments. He will work closely with other corporate functions, including departments of engineering, production control, production…
Voices: Todd Roberts, President, Marine Group Boat Works
"As a kid, I worked for our sister company, Flagship Cruises (formerly San Diego Harbor Excursion),” said Roberts. “I wanted to be a deckhand on the ferry but I was told that I was too young, so I started out sweeping the floors in the boathouse, and doing just about anything, from loading the boats to hauling line. Going to work for me was like other kids going to the Little League field. And so starts the story of Todd Roberts’ maritime career some three decades ago. Roberts graduated Cal Maritime…
US Tanker Liberty Sails for Sea Trials
U.S. shipbuilder General Dynamics NASSCO said it has sent the newly built Jones Act tanker Liberty to sea for testing and trials. The 610-foot-long Liberty set sail for the first time on Monday, February 20 to undergo sea trials before delivery later this year. Liberty is the third and final tanker to be constructed as part of the ECO Class program for SEACOR. The three vessels are each 50,000 deadweight ton LNG-conversion-ready product carriers with a 330,000 barrel cargo capacity. The other two vessels in the series, Independence and Constitution, were delivered in 2016.
Dry Bulk Back from the Brink
While the tanker industry worries about OPEC reducing output and the container industry rushes to consolidate, dry bulk values have been quietly increasing. VesselsValue senior analyst William Bennett digs through the data to uncover the reasons why. Bulker values in the last 12 months have hit rock bottom and are now looking to show considerable promise. Five-year-old handysize values are up by over 40 percent; as are 15-year-old Panamax and Supramax asset prices. Pre-2002 built Capes are up by around 35 percent since February 2016.
Chao Phraya: A Floating Food World
For many years, the Supatra River House on the Chao Phrya River, has been a favorite with Thai and foreign dinners. Situated on the Thonburi side of the river, the most favored approach to the restaurant is by boat. To that end, the owner, Khun Supapan maintains a fleet of beautifully restored Chao Phraya River water taxis. These can pickup dinners from their riverside hotels or any one of the Express Boat docks, including Tha Maharaj pier on the Bangkok side across from the Supatra River House.
POSH Takes Delivery of Two Singapore-built Tugs
Two Azistern 3270 tugs designed by Offshore Ship Designers (OSD) have been delivered to their new owner, PACC Offshore Services Holdings Limited (POSH Singapore), the Asia-based international offshore support vessel operator. Posh Husky and Posh Hardy were built at Paxocean Shipyard in Singapore. They are classed by Bureau Veritas, and fly the Singapore flag. The 488 gt vessels have a LOA of 31.62 m, a bollard poll of 72 tonnes, and a maximum speed of 13 knots. They can accommodate 10 crew members in six single and two twin-berth cabins.
Austal completes DDR for Pacific Patrol Boat Replacement Project
Austal has successfully completed the Detailed Design Review (DDR) for the A$306 million Pacific Patrol Boat Replacement (PPB-R) Project on time and in accordance with the contracted schedule. A key element of the Commonwealth’s continuous naval shipbuilding strategy, the PPB-R Project is contributing to the growth of Australia’s sovereign shipbuilding capability in the lead up to the Offshore Patrol Vessel and Future Frigate programs for the Royal Australian Navy, due to commence in 2018 and 2020, respectively.
Keel Laid for Teekay’s First New Canada Tanker
Teekay Offshore will be the sole supplier and operator of shuttle tankers sfor East Coast Canada(ECC), says Teekay Corporation. On February 15, the keel laying ceremony for Teekay’s first shuttle tanker newbuilding for ECC took place at the Samsung Heavy Industries shipyard in Korea. This milestone marks the end of the block building period as well as the beginning of the next phase – to complete the newbuilding with all its systems. The shuttle tanker, the Beothuk Spirit, is expected to be delivered in August of 2017.
China Sells Ships Online
Chinese Maritime Court has sold five vessels of bankrupt Wenzhou Shipping, subsidiary of Zhejiang Shipping Group, through online auctions on Taobao.com for a a total price of $22.81m. The auctioned ships include 2011-built 57,000-dwt supramax bulker Zhe Hai 167, 2009-built 33,400-dwt handysize bulker Zhe Hai 162, 2009-built 23,500-dwt handysize bulker Zhe Hai 156 , a tugboat and an oil barge. Singapore-based company Varada One's vessel was auctioned off on online shopping platform Taobao for $11.7, Xinhua news agency reported. The VLCC Varada Blessing is 1993-built, 300,000 dwt tanker.
Asia-North Europe Box Rates Up 7 pct
Container spot freight rates from Asia to Northern Europe rose 7 percent to $961 per twenty-foot equivalent units (TEU), the Shanghai Containerized Freight Index showed on Friday. Freight rates from Asia to ports in the Mediterranean rose $38 to $882 per TEU Maersk Line, a unit in Danish shipping and oil group A.P. Moller-Maersk, is the market leader with a global market share of around 15 percent. It controls around 20 percent on the world's busiest routes between Asia and Northern Europe Reported by Reuters Copenhagen newsroom
ClarkSea Index: Shipping Markets Under Severe Pressure
With the ClarkSea Index around $9,000/day, and many if not most of the major shipping markets under severe pressure, it’s hard to escape the conclusion that the shipping markets are a tough place right now, with limited pickings to share between owners. Last week the ClarkSea Index stood at $8,743/day, and during 2016 as a whole the index averaged $9,441/day, taking into account earnings in the tanker, bulkcarrier, gas carrier and containership sectors, across a selection of over 21,000 units at the start of the year.
Meyer Werft Plans Norwegian Joy Float-out
The 168,800 gt cruise ship Norwegian Joy currently being built by MEYER WERFT is scheduled to float out of the builder’s covered building dock II on March 4, 2017, pending weather conditions. With the 324-meter-long, 41.4-meter-long-wide ship being berthed at the yard's pier, the remaining work and tests and trials will be carried out in the next few days. Norwegian Joy will travel down the river Ems toward the North Sea, where she will undergo sea trials in the end of March 2017.
Rep. Granger Visits Newport News Shipbuilding
Huntington Ingalls Industries (HII) hosted Rep. Kay Granger, R-Texas, on February 23 for a tour of the company’s Newport News Shipbuilding division. Newport News Shipbuilding President Matt Mulherin accompanied the congresswoman on the shipyard tour, which included progress updates on the aircraft carriers Gerald R. Ford (CVN 78) and John F. Kennedy (CVN 79), as well as the USS Abraham Lincoln (CVN 72) refueling complex overhaul and the Enterprise (CVN 65) inactivation. Granger also learned about Newport News’ role in the Virginia- and Columbia-class submarine programs.
Fire Breaks Out Aboard US Car Carrier
A fire has broken out out aboard the U.S. car carrier Honor in the English Channel while the vessel was en route to Baltimore from Southampton on February 24. “The 21 crew are still on board the vessel and they are safe and well,” said Andy Jenkins, Commander for the U.K. Coastguard. The vessel’s fixed firefighting systems were used to attack the fire and the cargo space has been sealed. The ship’s crew continue to monitor the cargo area. The ship has full maneuverability and has turned back toward Southampton, where it is planned to anchor to the Southeast of the Isle of Wight. U.K. Coastguard said it is monitoring the situation closely and the Hampshire Fire and Rescue Service has been notified of the incident.
Spain's Government, Port Unions on Collision Course
Spain's cabinet passed a draft law on Friday to end closed-shop hiring at the country's ports, putting the government on a collision course with unions which have called nine days of strikes that are likely to decimate trade flows. Around two-thirds of Spain's imports and exports pass through its ports, and prolonged industrial action could be especially painful for the country's automobile industry and chemical sector. The bill, which attempts to bring Spain's restrictive port labour practices into line with the rest of Europe, still faces an uncertain passage through parliament.
US Detains 2 Panama-flagged Bulkers
Two Panama-flagged bulk carriers were detained in the U.S. on February 23, 2017, after substandard safety issues discovered during routine exams aboard the vessels along the Columbia and Willamette Rivers. The Atlantic Ruby, a 590-foot bulk carrier was boarded in Portland on February 23, after Port State Control Officers detected the SOLAS deficiencies. U.S. Coast Guard inspectors found the fixed fire extinguishing system was improperly serviced, with the time delays left disconnected. The time delay ensures personnel inside a room are able to escape before the fixed fire extinguishing agent is released. A separate Port State Control exam conducted in Kalama onboard the Amber L, a 609-foot bulk carrier, identified several safety discrepancies.
Baltic Index Rises on Broad Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday on stronger demand across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 19 points, or 2.22 percent, at 875 points. The capesize index gained 31 points, or 2.73 percent, to close at 1,165 points. Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were up $264 at $9,358.
Songa Offshore sees Daewoo Arbitration Lasting into 2018
Rig firm Songa Offshore's CEO Bjoernar Iversen expects the company's arbitration case with DSME (Daewoo Shipbuilding & Marine Engineering) to last throughout 2017 and into 2018. ** Songa received notices of arbitration from DSME in July 2015 ** Claims of $373 million received from DSME in November 2015 for the two rigs Songa Equinox and Songa Endurance ** Songa submitted its response to DSME's claim and a $66 million counterclaim against DSME in March 2016 ** CEO says DSME is responsible for delays and cost overruns on the rigs ** CEO: We believe we have a very, very strong case. Reporting By Ole Petter Skonnord
Damaged Tug Heads to Seattle for Repair
The U.S. Coast Guard said it has green lighted a transit plan for the damaged tug Samson Mariner to head south from Ketchikan, Alaska for repairs in Seattle. The vessel departed on Tuesday accompanied by an escort tug. Samson Mariner was damaged and spilled approximately 1,100 gallons of fuel when it ran aground on February 15 while towing a barge near Rosa Reef in north Tongass Narrows, Alaska. No sheen or further pollution has been reported. The barge, St Elias, received temporary repairs in Ketchikan. The Coast Guard approved a plan for a tug owned by Brusco Tug & Barge Co to tow St Elias and continue to Dutch Harbor. Permanent repairs will be made when St Elias returns to Seattle.
Egypt Rejects Russian Wheat Cargo
Egypt has finalised its rejection of 18,000 metric tons of Russian wheat that prosecutors seized at an Alexandria port in November, traders with direct knowledge of the matter said on Thursday. Egyptian prosecutors had seized the wheat from a storage site belonging to a private company in Dekheila port after finding it unsuitable for human consumption. Cairo-based traders told Reuters in November the shipment was seized after large numbers of insects were found in the storage site. The shipment will now be re-exported, the traders said on Thursday. Russia's agriculture safety watchdog had said in January the shipment could be released after fumigation to get rid of pests. (Reporting by Maha El Dahan and Eric Knecht)
Reps. Wittman and Palazzo Visit Ingalls Shipbuilding Division
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division hosted Reps. Rob Wittman, R-Va., and Steven Palazzo, R-Miss., on Wednesday for a tour of the shipyard, which included ships under construction at Ingalls. “Today was an informative visit to Ingalls Shipbuilding—one of our nation’s best assets,” said Wittman, who is chairman of the House Armed Services’ Seapower and Projection Forces Subcommittee. “It is obvious the men and women of Ingalls brandish their skill-sets to build high-quality ships for the U.S. Navy and U.S. Coast Guard.
Ultramar Takes Delivery of Catamaran Ferry
A high capacity 48m catamaran passenger ferry Ultramar has been delivered to the Mexican operator Ultramar. Designed by Incat Crowther and built by Midship Marine in Louisiana, Ultramar is specifically designed for the operator’s busy Playa de Carmen – Cozumel run, offering high capacity, high durability and a world-class passenger experience. Carrying 844 passengers on a relatively short run, turnaround is paramount. Ultramar is optimized for a fast turnaround with multiple boarding areas over two decks.
MacGregor's Ship-to-ship compensation system Launched
MacGregor, part of Cargotec, has launched a new crane compensation system for offshore ship-to-ship load transfers, offering substantially larger operating windows as well as safer and faster load transfers. "This robustly-tested technology can offer considerable commercial advantages to the offshore industry," says Ivar Fjermeros, Senior Sales Manager, Advanced Offshore Solutions. "MacGregor understands the complexity of ship-to-ship load transfers and the limitations imposed by unpredictable, non-synchronised movements in a seaway.
APM Terminals Pipavav welcomes its largest RoRo carrier
APM Terminals Pipavav welcomed the Hoegh Tracer, one of the world’s largest pure car and truck Carrier (PCTC), and the largest to ever call an Indian port. At 14 decks high, the Hoegh Tracer has a capacity of 8,500 vehicles, and loaded 1,700 cars at Pipavav for export delivery on the Hoegh Middle East, India and Africa (MIAF) Service. APM Terminals Pipavav, in partnership with NYK Auto Logistics (India), opened a dedicated common user integrated RoRo terminal in August of 2015, with a capacity of 250,000 vehicles annually.
MES Delivers 66,000 DWT Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. "INDIGO BREEZE" (MES Hull No. 1926) at its Tamano Works on 22nd February, 2017 to ARIST MARITIME S.A., the Republic of Panama. This is the 22nd ship of our “neo60BC”, the third Eco-Ship line up of our “neo series”. Service Speed abt. * The vessel has four (4) cranes and five (5) cargo holds, and keeps the superior usability of “Mitsui 56”. * The vessel achieves over 60,000 deadweight with Panamax beam and keeps our neo56’s compatibility for ports and trade routes.
Harley’s Latest tug begins service
The latest addition to the Harley Marine fleet is now completing sea trials and preparing to enter service. The “M/V Earl W. Redd” will be operated under the flag of the Olympic Tug & Barge unit of Harley. The 120 foot tractor tug, built by Diversified Marine Inc. in Portland, Oregon, and named after the father of Diversified President Kurt Redd, is slated to enter service providing unrestricted coastal towing along the West Coast of the United States. Tier IV-compliant CAT engines coupled to Rolls-Royce “Z-drives” power the tug, delivering an expected bollard pull capability of 75 tons.
Damen Shiprepair Cuts 150 Jobs
Damen Shiprepair & Conversion (DSC) plans to lay off around 150 workers as part of its reorganisation program at three Dutch yards within its group. All employees at the three locations — Damen Shiprepair Rotterdam (DSR), Damen Shiprepair Van Brink (DSVB) and Damen Shiprepair Vlissingen (DSVl) — have been informed, along with the workers' council and trade unions. It is the intention of DSC to complete the reorganization before summer 2017. Making matters worse, market expectations for the short and medium term are not positive.
Tauranga Port Aims to Handle a Million Cargo Containers
New Zealand's largest freight gateway Port of Tauranga says it is on track to break the country's record for transporting more than one million containers in a single year. "Our results show the Port of Tauranga is continuing to reinforce its position as the country's premier freight gateway. We have lifted revenue and earnings and moved record cargo volumes including more than 510,000 TEU containers," said chairman David Pilkington. “Exporters, importers and the shipping lines…
Keel Laid for USS Frank E. Petersen
The keel of future guided-missile destroyer USS Frank E. Petersen, Jr. (DDG 121) was ceremoniously laid Feb. 21 at Huntington Ingalls Industries shipyard. Although official construction of DDG 121 began April 2016, the keel laying symbolically recognizes the ceremonial beginning of the ship. The keel was said to be "fairly and truly laid" and was authenticated by D'Arcy Neller, the ship's sponsor, and Donald Brabston, a master Ingalls shipbuilder. "The keel laying is the symbolic first step in shaping our nation's newest destroyer," said Capt.
USCG Awards Polar Icebreaker Contracts
The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday. The contracts were awarded to the following recipients: Bollinger Shipyards, LLC, Lockport, Louisiana; Fincantieri Marine Group, LLC, Washington, District of Columbia; General Dynamics/National Steel and Shipbuilding Company, San Diego, California; Huntington Ingalls, Inc., Pascagoula, Mississippi; and VT Halter Marine, Inc., Pascagoula, Mississippi. The combined total value of the awards is approximately $20 million.
RIBCRAFT Delivers Patrol Boat in NC
Rigid inflatable boat (RIB) manufacturer RIBCRAFT has delivered a RIBCRAFT 6.5 to the Pender County Sheriff. Located on the Atlantic Ocean in the southeastern part of North Carolina, Pender County Sheriff formed a joint venture with the County Rescue Squad to provide on water enforcement and rescue operations seven days a week during the summer months. The 21’ RIBCRAFT meets the county’s multifunctional requirements and expands its on water response capabilities. RIBCRAFT worked…
First Ship Set to Enter BAE Systems’ New Dry Dock
BAE Systems will dock the first ship in its new floating dry dock, Pride of California, on Thursday, February 23. The docking of the San Diego-based amphibious transport dock ship USS New Orleans (LPD 18) is expected to take up to five hours. The docking was originally planned for Wednesday, February 22, but was pushed back due to high wind conditions in San Diego. At 950 feet long and capable of lifting 55,000 long tons, BAE Systems’ new Pride of California dry dock is the largest floating dry dock in California.
ABS Group Awarded USCG Blanket Purchase Agreement
The U.S. Coast Guard (USCG) has awarded a follow-on $9 million Blanket Purchase Agreement (BPA) to ABSG Consulting Inc., an ABS Group company (ABS Group). ABS Group will provide a range of Human Systems Integration (HSI) support to the USCG's Human Systems Integration Office (CG-1B3), which is the USCG's technical authority for human systems integration (HSI). The BPA will cover acquisition support, project identification, usability analyses, testing, user facilitation and documentation services. As the USCG embarks on several new acquisition programs, including the Offshore Patrol Cutter and the Polar Ice Breaker, ABS Group will assist CG-1B3 and its partners within the USCG Acquisitions Directorate (CG-9)…
US-flag Cargo Movement on Lakes Little Changed in January
U.S.-flag Great Lakes freighters (lakers) moved 2.1 million tons of dry-bulk cargo in January, a decrease of 125,000 tons compared to a year ago, according to the Lake Carriers’ Association (LCA). This January’s float was down nearly a quarter from the month’s five-year average, LCA noted. Iron ore cargos for steel production increased by 120,000 tons, but coal cargos, mostly for power generation, dipped by 17,000 tons. No limestone was loaded in January.
ACO Claimers Delivered for Installation on Nibulon Tugs
ACO Marine has delivered three of its smallest Clarimar wastewater treatment units to Ukraine-based Nibulon Shipbuilding and Repair Yard for installation aboard a series of high specification project tugs. Nibulon, Ukraine’s leading exporter of agricultural products, grains and fertilizers with a history dating back to the nineteenth century, entered the shipbuilding and repair sector in 2012, following the acquisition and development of a yard on the Southern Bug River, near the company’s trans-shipment terminal, in Mykolayiv.
Marine Jet Power Awarded Repeat Order for Korean Navy
Marine Jet Power has been awarded a repeat order to supply waterjets to another 3 units Patrol Killer Experimental (PKX-B) fast attack craft for the Korean Navy. Last year, South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC) launched the first unit which is currently undergoing sea trials. The propulsion system comprises a MJP 950 single drive and MJP 650 double drive waterjet installation. Powered by General Electric's 12 000 hp LM 500 gas-turbine engines and Caterpillar Marine's 1 900 hp CAT C32 diesel engines in a combined diesel and gas turbine configuration…
New Pilot Boat for the Thames and Medway
Estuary Services Limited (ESL), a joint venture between the Port of London Authority (PLA) and Peel Ports London Medway, is continuing its fleet replacement plan and buying another new pilot boat for its pilot transfer operations serving the ports of London and Medway. ESL currently has a fleet of six vessels including two 17.1 meter ORC class vessels that carry marine pilots from the Kent coast to board ships, in the Thames Estuary. The ships which are arriving from all over…
ABB’s OCTOPUS for Greenland Heavylift Newbuilds
ABB’s OCTOPUS marine software was chosen for four new semi-submersible heavy lift vessels currently under construction at CSBC Corporation in Taiwan, with the first expected to go into service in 2017. The ships, owned by Greenland Heavylift Holdings, will transport gigantic cargoes such as oil rigs and jack-up rigs, with OCTOPUS providing a tailored route for each voyage that is updated with fresh weather data throughout the transportation. OCTOPUS is a vessel management software platform enabling ship owners to choose the modules most relevant to their operations.
Higher Shipping Rates Boost Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday due to strengthening rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 28 points, or 3.6 percent, at 806 points. The capesize index gained 95 points, or 11.1 percent, to close at 951 points. Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were up $700 to $7,708.
You know you've arrived when ...
You order your new 227-ft. Yacht Support vessel with its own helicopter hangar. Damen, an innovator in various marine sectors, has launched Game Changer, its latest 227-ft. (70 m) Damen, Yacht Support vessel with helicopter hangar. Available for the 2017 summer season, Game Changer is touted as a showcase of the Yacht Support solution for owners who want to have more fun off the beaten track, but with a significantly lower Total Cost of Ownership. Game Changer is the fourth Yacht Support vessel in the 70-msegment following the delivery of Intrepid, ‘6711’ and GARÇON.
Carnival Orders Two Cruise Ships for China
Fincantieri, China State Shipbuilding Corporation (CSSC) and Carnival Corporation & plc signed a binding Memorandum of Agreement (MoA) for the construction of two cruise ships, with an option for additional four, the first units of the kind ever built in China for the Chinese market. The parties signed the MoA on behalf of the joint venture between Fincantieri and CSSC Cruise Technology Development Co., Ltd (CCTD), of the joint venture between Carnival Corporation and CSSC, and of the shipyard Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS).
Building the Ship of the Future
Ships of the future will have to be lighter, smarter, cleaner, more reliable, more efficient and safer. Sounds like a tall order, but that’s where the industry is headed. Experts like DNV GL and Rolls Royce concur: technologies available today will combine with those just around the corner to enable a better class of ship in the very near future. This emerging reality is already allowing owners and regulators to demand just such ships. CEO Arnstein Kjesbu of Eltorque, manufacturer of electric valve actuators…
HHI's FSRU Unit equipped by GTT
GTT has received an order from Hyundai Heavy Industries (HHI) to equip a new floating storage and regasification unit (FSRU) with its Mark III cryogenic membrane containment system. This order includes a firm vessel and one option. The FSRU of 170,000 m3 will be built at Hyundai's shipyard, in Ulsan (South Korea), on behalf of a European shipowner. The vessel will also be equipped with a Dual Fuel Diesel Engine motorization like standard LNG Carrier (LNGC). Delivery is scheduled in March 2019.
Indiana Ports set Quarterly Tonnage Record
The Ports of Indiana handled nearly 3.9 million tons of cargo during the fourth quarter of 2016, the highest quarterly shipment total in the organization's 55-year history. The total surpassed the ports' previous quarterly record set in the second quarter of 2015 by 300,000 tons. The state's three ports' shipped nearly 11.3 million tons in 2016, the second highest volume in history and the third consecutive year the ports exceeded 10 million tons annually. Since 2014, the Ports of Indiana has handled 34 million tons of cargo, the highest three-year total since Indiana's ports opened.
Ingalls authenticates keel of DDG 121
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division authenticated the keel of the guided missile destroyer Frank E. Petersen Jr. (DDG 121) today. The ship, named in honor of the U.S. Marine Corps’ first African-American general, will be the 33rd Arleigh Burke-class (DDG 51) destroyer Ingalls has built for the U.S. Navy. “DDGs are traditionally named after great men and women in the history of our Navy, and the namesake of DDG 121 is a true trailblazer and an American hero,” Ingalls Shipbuilding President Brian Cuccias said at a shipyard ceremony.
Containership Deliveries: Turning A Corner?
Containership deliveries changed course in 2016, toppling from the record level of 1.7m TEU in 2015 to reach just 0.9m TEU, having previously increased each year between 2011 and 2015, says a report from Clarkson Research Services. If deliveries remain at these slightly more moderate levels in coming years, this could potentially herald a new era of less robust fleet growth in the boxship sector. The dramatic slowdown in boxship deliveries last year, alongside record levels of demolition, led to fleet growth of just 1.2% in 2016, down from 8.1% in 2015.
New Trawler Launched in Poland
A launching ceremony for the partly outfitted fishing trawler M/V Voyager took place February 21 at Newbuilding Division of Nauta Shiprepair Yard in Gdańsk, Poland. It will be one of the most powerful fishing vessels in its class. Voyager is 86.4 m long and 17.8 m wide. The loading capacity is more than 3,200 cubic meters. The trawler will be fishing in the North Atlantic, the area known for its challenging weather. It is precisely for this reason why the ship must have a high power - propulsion system delivering 120 ton bollard pull.
Asbestos on Board
What happens when a solution to one or many obstacles ends up becoming an even larger problem? For seamen, one such problem is asbestos. Asbestos is a natural fiber that was mined for use in construction and household products. It became rapidly popular after others realized it has fire-resistant properties and durability. However, in the 1960s, researchers began to link exposure to this material with cancer, specifically mesothelioma, which can form in the lungs, abdomen or heart.
Cammell Laird Launches Claire House Charity Kite Boat
Merseyside shipyard and engineering company Cammell Laird held a special ceremony to launch a unique kite boat designed to raise funds for charity Claire House Children’s Hospice. The ‘CL Challenger’ was designed by retired shipyard naval architect Bill Owen incorporating a kite as the main power source to propel the vessel. The eco-friendly vessel also generates electric power for radio, lights and GPS through batteries charged via solar panel. It will now be used by a team of intrepid kite surfers for a range of sea-faring challenges to raise vital cash for the Bebington children’s charity.
McDermott Acquires New Pipelay and Construction Vessel
McDermott International, Inc. announced it has acquired the newly built pipelay and construction vessel Amazon to better position the company for ultradeepwater and SURF projects. McDermott plans to upgrade the vessel to address the ultradeepwater market with a state-of-the-art J-lay system outfitted with the latest vessel technology. In the near term, the company plans to make minor capital expenditure investments to bring the vessel up to company standards. As McDermott finalizes its upgrade plans, the company plans to use the vessel on existing construction and pipelay projects.
Marine Jet Power Wins Korean Coast Guard Contracts
Marine Jet Power has been awarded two new contracts to supply waterjets for another eight units 500T Patrol Vessels for the Korean Coast Guard: five vessels to be built by Hanjin Heavy Industries & Construction and three vessels to be built by Kangnam Corporation. The propulsion system comprises a MJP 950 double drive and MJP 750 double booster waterjets. Powered by four diesel engines at a total of 14 MW the top speed is over 35 knots. The eight new vessels will be delivered during 2018, continuing the existing 500T-program and extending the series to now comprise a total of 23 vessels.
De Boer Remorquage SARL Orders Custom Tugs from Damen
Baggerbedrijf De Boer B.V. (Dutch Dredging B.V.) has ordered two custom, special-purpose tugs to be built at Damen Shipyards Hardinxveld in the Netherlands through the subsidiairy De Boer Remorquage SARL. The tugs are for a 10-year contract with Grand Port Maritime de Guyane in the ports of Cayenne and Kourou in French Guyana. Their primary functions will be assisting vessels entering and leaving port, and rendering help in the event of emergencies including fire-fighting. An important secondary role for both vessels will be assisting with maintenance dredging operations in both ports.
Top 10 Maritime Nations: Ranked by Value
The March 2017 edition of Maritime Reporter & Engineering News focuses on SINGAPORE, as this maritime powerhouse struggles to maintain balance and influence through the offshore oil and gas downturn. Looking at the "Top 10 Nations" ranked by value from VesselsValue.com, Singapore ranks #5 with 2,662 vessels, comprising 64.03 million GT and a $41.7 billion valuation, just behind the United States at #4 (2,399 vessels, 55.92m GT, $46.5 billion valuation).
EU to rule on Maersk-Hamburg Sud Deal by March 27
EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line's bid for German rival Hamburg Sud, its first major deal for more than a decade. The deal, one of several in a sector seeking consolidation to offset low freight rates and oversupply, was filed to the European Commission on Feb. 20, according to the EU executive's website on Tuesday. The EU competition enforcer can extend its review by about two weeks if Maersk offers concessions to address regulatory concerns, or it can open a five-month investigation. Copenhagen-based Maersk may have to pull out from some shipping alliances to gain EU approval, following in the footsteps of rivals, which offered such concessions to regulators in recent deals.
Miliaras tapped for Carnival Maritime Post
Minas Miliaras has taken on the role of Vice President Fleet Cruise Execution at Carnival Maritime, the Marine Service Unit of the Costa Group (AIDA, Costa) in Hamburg. Minas will head the fleet teams and the maintenance development team for all AIDA Cruises, Costa Cruises and Costa Asia ships. He will be responsible for the fleet management of the 26 vessels according to efficiency and sustainability targets of Carnival Maritime. This includes technical management, improvement of repair efficiency, standardization and harmonizing processes as well as connecting offices and ships across the globe. Greek-born Minas is a studied naval architect, and MBA marine engineer. Before joining Carnival Maritime, he worked for Royal Caribbean & Celebrity Cruises for sixteen years.
DP World Cleared of Misconduct over Djibouti Terminal
The London Court of International Arbitration has cleared DP World, one of the world's biggest port operators, of all charges of misconduct over a concession to operate a container terminal in Djibouti, Dubai's government said on Tuesday. In 2014 the government of the East African country lodged claims accusing DP World, majority-owned by the Dubai government, of illegal payments to secure a 50-year concession for the Doraleh Container Terminal, the Dubai government said. On Tuesday the court dismissed the claims and ordered the claimants to bear the costs of the arbitration, Dubai said.
Dive Support Vessel Delivered in Brazil
Oceanicasub V, the second of a pair of 43m Monohull Subsea Dive Support Vessels (SDSV), has been delivered for owner and operater Oceanica of Rio de Janeiro for charter by Petrobras. Oceanicasub V was constructed by Arpoador Shipyard in Guaruja’, Brazil. The design is the culmination of a close collaboration by the designer Incat Crowther, builder and operator. The RINA-classed vessel is equipped for a crew complement of 36 and features an array of dive support equipment including deck crane…
First collaboration for Sydney City Marine and Damen
Sydney City Marine has completed its first maintenance docking of a Damen vessel since the signing ofa Memorandum of Understanding (MOU) with Damen Shipyards Group last year. The works signify the successful cooperation between Damen Services in the Netherlands, the Damen Service Hub in Brisbane and Sydney City Marine. The vessel in question was the Svitzer Warang, a Damen ASD 2810 owned by global towage operator Svitzer. Sydney City Marinewascontracted by Svitzer to carry out a 5-year special survey on the vessel. The Svitzer Warangleft the yard just before Christmas 2016. “We performed a full-on scope of works on this tug,” explains Sydney City Marine Director Brenton Fischer. “This included all Lloyd’s Register requirements.
BAE Systems Announces New Submarine Construction Training Facility
Sir Michael Fallon MP, Secretary of State for Defence, visited BAE Systems Submarines today where he learnt about the Company's £25m investment in a new apprentice training facility. The Company’s site, in Barrow-in-Furness, Cumbria, is home to the UK's submarine design and build capability and the new facility will help nurture the unique skills required to deliver one of the world's most complex engineering challenges. BAE Systems is the prime contractor for the Astute programme and the lead industrial partner in the Dreadnought programme…
Hyundai Global Services Enters into Eco-friendly Ship Services Business with KSS Line
Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced today it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship business. Under the MOU, two companies join forces to retrofit the medium-sized LPG carriers owned by KSS Line with Exhaust Gas Cleaning System. Ships equipped with the cleaning system will be able to meet the IMO’s sulfur emission cap of 0.5% even with bunker-c oil, cheaper than marine gas oil, and thus will significantly be able to lower fuel costs.
Fincantieri, Ferretti Group join forces
Fincantieri and Ferretti Group today announced they have signed a wide-ranging co-operation agreement , with the aim of developing industrial and commercial synergies between the world's two leading Italian companies in their respective sectors. The announcement was made during the show IDEX-NAVDEX of Abu Dhabi , one of the most important international exhibitions dedicated to the defense and security sector. The MoU refers to both the defense and security sector and to the yacht building. In both sectors the skills and expertise of the two great Italian groups are complementary and synergistic and understanding of collaboration opens up many possible scenarios.
Vard design Survey vessel for South African Navy
Offering the Vard Marine 9 105 Hydrographic/Oceanographic Survey vessel design, Southern African Shipyards, located in Durban, S.A. has been selected as the preferred bidder for the South African Navy Project “Hotel” program. This is a continued success for Vard Marine in designing science vessels. Vard Marine partnered with the shipyard to develop a design for the program and the final configuration results in a PC7 ice strengthened vessel of 95M in length with approximately 12.24MW installed diesel electric power plant and a maximum speed of 18 knots.
Navy Handed Over Seychelles Ship Topaz After Refit
Seychelles Coast Guard Patrol Ship (SCGPS) Topaz has completed her Medium Refit and has been handed over to Colonel Simone A Dine, Commander Seychelles Coast Guard by Rear Admiral Narayan Prasad, NM, Admiral Superintendent, Naval Dockyard, Visakhapatnam on 16 February 2017. The ship underwent a Medium Refit at Naval Dockyard from March 2016 to January 2017. The event was held at Naval Jetty inside INS Circars and was attended by other dignitaries from Seychelles Coast Guard and Indian Navy.
Color Line, Ulstein ink hybrid vessel Deal
It has now been decided that Ulstein Verft will be constructing Color Line’s new hybrid vessel. The environmentally sound ship will be servicing Sandefjord – Strømstad from summer 2019. Ulstein won the contract in competition with several other yards. “It is very gratifying that the Norwegian shipbuilding industry has proven its competitiveness internationally, and that Color Line contributes to the further development of the Norwegian maritime industry,” says CEO Trond Kleivdal at Color Line.
Nb. 434 to be christened ‘Symphony Provider
On Thursday the 9th of March, 11.00 hrs Nb. 434 will be christened as ‘Symphony Provider’. She is the second in a series of two ECOBOX DP2 vessels that will be delivered to Symphony Shipping. As add-on compared to the already delivered ECOBOX design, these ships are equipped with a DP2 (Dynamic Positioning) system which keeps the vessel within an exact position or heading limits, even in the most severe wind and wave conditions. Main dimensions (Loa X B X T) 125 X 18.0 X 7.8 mtr. Propulsion system for DP2 operation with abt. ERN=92 performance.
Eighth Lamprell Rig for NDC
Lamprell announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National Drilling Company (“NDC”), within budget and as scheduled. Completion and delivery of the jackup rig was marked at an inauguration ceremony held at Lamprell’s Hamriyah facility in the U.A.E. yesterday. The rig was completed to the highest standards of quality using the latest in drilling system technology from our suppliers and will depart the facility in Q1 en route to its drilling location in Abu Dhabi.
Shipbuilder HII Declares Quarterly Dividend
Huntington Ingalls Industries announced today that its Board of Directors has declared a quarterly cash dividend of $0.60 per share, payable on March 10, 2017, to shareholders of record as of the close of business on March 3, 2017. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder.
US Probe into El Faro Disaster Concludes Public Hearings
U.S. investigators stood in silence for 33 seconds on Friday as they concluded the public phase of a probe into the sinking of the El Faro cargo ship during a 2015 hurricane, recognizing each crew member aboard who died. The Coast Guard's Marine Board of Investigation, convened for the most serious accidents, heard two weeks of testimony in the last of a series of hearings on the worst disaster involving a U.S.-flagged vessel in more than three decades. Captain Jason Neubauer, the panel's chairman, said it had collected sufficient evidence for a forthcoming analysis.
Foss’ New Arctic Class Tug Is Nearly Complete
Foss Maritime said its third of three new Arctic Class tugs being built at the Rainier, Ore. shipyard is nearing completion and expected to enter service later this year. The tug Nicole Foss is ice class D0, meaning the hulls are designed specifically for polar waters and are reinforced to maneuver in ice. Like her sister Arctic Class vessels, it complies with the requirements in the ABS Guide for Building and Classing Vessels Intended to Operate in Polar Waters, including ABS A1 standards, SOLAS and Green Passport. Two short videos show construction from April of 2016 to January 2017.
Norwegian Orders Four Ships from Fincantieri
Norwegian Cruise Line Holdings Ltd. said it has reached an agreement with Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise Line brand, ordering four 140,000 gross ton ships for delivery in 2022, 2023, 2024 and 2025, with an option for two additional ships to be delivered in 2026 and 2027. The four ships, priced at approximately €800 million per unit, will each accommodate approximately 3,300 guests. The new vessels will build upon the brand's most recent Breakaway-Plus Class ships built at Meyer Werft. A priority of the prototype design is energy efficiency, with the aim of optimizing fuel consumption and reducing the impact on the environment.
Containership Fire Extinguished in South Africa
The joint effort undertaken by a Disaster Management team at the Port of Ngqura has helped to avert a potential maritime disaster and ultimately saved the container vessel APL Austria, which caught fire last weekend. Transnet National Ports Authority, Transnet Port Terminals, the Nelson Mandela Metropolitan Fire Department, South African Maritime Safety Authority (SAMSA), South African Police Services (SAPS), National Sea Rescue Institute (NSRI) and a stevedoring company, worked together to battle the blaze, and the fire was eventually extinguished on Wednesday, February 15.
World’s Largest Plug-in Hybrid Vessel Ordered
Color Line and Ulstein sign a firm contract on construction of the world’s largest plug-in hybrid vessel. Ulstein said it has won a contract to build Color Line’s new hybrid passenger vessel to service Sandefjord – Strømstad from summer 2019. The ship will be constructed at Ulstein Verft in Norway. “It is very gratifying that the Norwegian shipbuilding industry has proven its competitiveness internationally, and that Color Line contributes to the further development of the Norwegian maritime industry,” said CEO Trond Kleivdal at Color Line.
ELA Offshore Develops New Type of Container
Offshore managed to deliver all required containers from scratch in only 3 months from project kick-off, including design and development up to turnkey delivery on an offshore converter station in the German North Sea. “To come up with the best suitable container type, especially for Offshore Windfarms, we sat together with our customer, DNVGL and German authorities, who are responsible for the German “Arbeitsstättenrichtlinien (ASR)”, to create a new generation of container type”, says Hans Gatzemeier, Managing Director of ELA Container Offshore GmbH.
Another Busy Winter for Fincantieri Bay Shipbuilding
The winter repair season is in full swing at Fincantieri Bay Shipbuilding (FBS) in Sturgeon Bay, Wis., where 16 vessels of various sizes from the Great Lakes bulk carrier fleet are in for winter repair, including five 1,000-foot bulk carriers, eight medium sized ships 600-700 feet long and three tugs. The scope of the repairs is as wide as the variety of ships at dock and include vessel repowering from steam propulsion to diesel, steel and piping repairs, bulkhead renewals, machinery inspection and repairs, exhaust scrubber installation, painting and regulatory inspections.
Iraq Plans to Acquire "Large Fleet" of Oil Tankers
Iraq plans to acquire a "large fleet" of oil tankers to transport the OPEC nation's crude to global markets, Oil Minister Jabar al-Luaibi said in a statement on Friday. The nation's tanker fleet was largely destroyed during the U.S.-led offensive to dislodge Iraq from Kuwait in 1991, according to the state-run Iraqi Oil Tankers Company's website. The company owned as many as 24 tankers in the 1980s. "The ministry is keen to restructure the company and develop its operations by building and buying a large fleet of tankers," Luaibi told the company's management, according to the statement.
S.Korea Court Declares Hanjin Bankrupt
A South Korean court declared Hanjin Shipping Co Ltd bankrupt on Friday, after ruling earlier this month that the firm's liquidation value would be worth more than its value as a going concern. Hanjin Shipping, which had been the world's seventh-largest container shipper, applied for court receivership in late August after its creditor banks halted further support. The Seoul Central District Court said in a statement it has chosen a bankruptcy administrator, and claims by creditors are due by May 1, 2017. The first meeting of creditors will be held on June 1, 2017.
France: STX France talks with Fincantieri to Continue
French industry minister Christophe Sirugue said he would meet Italy's Fincantieri in a week's time to discuss its bid for STX France, but added France was still against Fincantieri gaining dominance in the governance of STX France. "Our position is that we do not want Fincantieri to be the sole majority shareholder in the governance of Saint-Nazaire shipyards," Sirugue told Reuters on Friday, speaking on the sidelines of a news conference in Paris. "We continue to work with Fincantieri and we will probably have to meet again in a week's time".
Cruise ship 'Albatros' visits Townsville
MS Albatros, operated by German-based travel agency Phoenix Reisen, will visit Townsville tomorrow carrying approximately 612 passengers and 345 crew. This beautiful retro-style ship was built in 1973 by Wärtsilä Helsinki New Shipyard Finland and has been extensively refurbished over the years. Passengers will disembark around 0830 and the ship departs at 1800. A high proportion of the Albatross’ passengers are pre-booked on tours tomorrow (about 400), the remaining will be provided with the usual free shuttle buses to CBD and then City/Strand Loop bus throughout the day.
Austal Celebrates Christening Of Future USS Tulsa
Austal Limited has announced that Austal USA has hosted the christening of the future USS Tulsa, the 8th Independence variant Littoral Combat Ship (LCS) designed and constructed for the United States Navy (USN). Former Mayor of Tulsa and current Chief of Economic Development for the Oklahoma city, Mrs Kathy Taylor formally christened USS Tulsa at a formal ceremony held at Austal USA’s Mobile, Alabama shipyard. In addition to the USS Independence (LCS 2) and Coronado (LCS 4), Austal USA is delivering 11 Independence variant LCS to the USN, under a contract valued at approximately US$4 billion.
CWind Invests in Largest Crew Transfer Vessel to Date
CWind, a provider of services to the offshore wind industry, has announced that it has invested in the company’s largest crew transfer vessel to date. Newly named as CWind Phantom, the 27.4m catamaran can hold 20,000 litres of fuel and has a 20 ton cargo capacity, making her suitable for longer stretches of work at wind farms located further from shore. This investment demonstrates the company’s ability to evolve with the changing market. CWind’s fleet now totals 18, with access to additional cable installation and maintenance vessels via CWind’s parent company, Global Marine Systems Limited.
Boxship Firms Sign up with Alibaba
Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn. Container lines, facing their worst ever downturn due to a glut of ships and weaker demand, are pursuing several measures such as vessel-sharing arrangements or mergers and acquisitions to ride out the current slump. A growing number of logistics firms are going online to buoy their business.
HAROPA ports Road Shows in Indian cities
In a bid to raise the maritime container trade between French port HAROPA and Indian ports, a power-packed delegation is visiting India from February 20-23 to hold road shows in four cities across the country. During the visit, the delegation led by Mr Herve Martel, CEO - Port of Le Havre & President- HAROPA ports will meet customers , trading partners, key port authorities and officials to scout for new prospects and opportunities as also senior government officials to exchange information on various maritime issues with a view to further enhance Indo French Maritime trades.
Hanjin Heavy Delivers Purpose-Built LNG Bunkering Vessel
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea. She will run on LNG for her maiden voyage, after a few days of loading LNG delivered by trucks at the shipyard. Zeebrugge in Belgium will be the home port of the vessel, which has been named ENGIE Zeebrugge accordingly. From there, the 5,000 m3 LNG capacity LBV will supply LNG as a marine fuel to ships operating in Northern Europe.
Spanish Stevedores Cancel Planned Strike
Spanish dock workers on Wednesday called off a planned three-day strike next week after the government said it would delay plans to reform the sector and instead open talks with the unions. The standstill was due to take place every other hour on Feb. 20, 22 and 24 at dozens of Spanish ports which employ more than 6,000 stevedores and handle an estimated 500 million tonnes of merchandise a year. The strike was called after the Spanish government announced plans to overhaul the way ports are managed and allow companies to hire their own personnel instead of unionised staff. Export chains in Spain, especially the car industry, would face a major disruption if a strike of three days or more was to be held. Reporting by Julien Toyer
Container Volume Up 8 Percent at SC Ports
The South Carolina Ports Authority reported an 8 percent increase in container volume since its fiscal year began in July. As previously reported, SCPA handled an all-time record container volume in January, with 185,018 TEUs moved last month, a year-over-year increase of nearly 28 percent. Fiscal year-to-date volumes reached 1,214,468 TEUs moved at its North Charleston and Wando Welch container terminals. In pier container volume, or boxes handled, the SCPA moved 104,792 boxes last month, surpassing the previous record of 104,003 containers handled in May 2015.
Wärtsilä, PGS ink Service Deal
Wärtsilä and PGS Geophysical AS have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement, Wärtsilä will take care of the maintenance of engines and propulsion systems on board PGS's fleet of 8 seismic vessels, securing maximum uptime as well as safe and economic operations. PGS's seismic vessels are used for mapping and analysing the subsurface beneath the ocean floor for oil and gas exploration around the world.
First Purpose-built LNG Bunkering Vessel Delivered
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea. She will run on LNG for her maiden voyage, after a few days of loading LNG delivered by trucks at the shipyard. Zeebrugge in Belgium will be the home port of the vessel, which has been named ENGIE Zeebrugge accordingly. From there, the 5,000 m3 LNG capacity LBV will supply LNG as a marine fuel to ships operating in Northern Europe.
Lake Assault to Build Pittsburgh Fireboat
Lake Assault Boats, a leading manufacturer of purpose-built and mission-specific fire and rescue boats, has been chosen to construct a 34-foot fireboat by the Pittsburgh Bureau of Fire in Pittsburgh, PA. The fireboat will respond to emergencies and help manage fires on waterways, waterfronts, rail lines, and marinas that lie along the Allegheny and Monongahela Rivers, which join together in Pittsburgh to form the Ohio River. The contract is valued at more than $540,000. The craft will be delivered in summer 2017.
Los Angeles Port logs Highest January Throughput
The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016. It was the busiest January in the port’s 110-year history, outpacing last January, which was the previous record for the first month of the year. It was also the second-best month overall for the Port, eclipsed only by last November’s 877,564 TEUs. "Coming off our best year ever in 2016, it’s very encouraging to keep the momentum going into 2017,” said Port of Los Angeles Executive Director Gene Seroka.
Korea Shipping to Buy Up to 10 HMM Vessels
The state-backed ship financing company Korea Shipping is looking to buy up to ten container vessels operated by Hyundai Merchant Marine (HMM), and lease them back to the shipping firm, says a report in Yonhap. “Korea Shipping will provide some 720 billion won (USD 633.7 million) to Hyundai Merchant this month or next month to shore up its capital base,” the report quoted Sohn Byung-doo, a standing member of the Financial Services Commission, the country’s financial regulator, as saying. Funds will be transferred to HMM through the purchase of stocks and debts.
MSC Mulls Stake in Messina
The world's no. 2 container line Mediterranean Shipping Company (MSC) is in talks to acquire a stake in smaller Italian counterpart Messina, the Swiss-headquartered group said, in another sign of consolidation in the sector. Container lines are battling their worst ever downturn due to a glut of ships and weaker demand - prompting rivals to form vessel-sharing arrangements or pursue other measures including mergers and acquisitions. Privately owned MSC said it had held a meeting on Friday in Genoa with Messina and senior management from lender Banca Carige. "The aim of the meeting was the possibility of an entry by MSC Group into the shareholding of the Genoa-based group," MSC said in an emailed statement sent on Tuesday.
Tangshan Port Shares Soar on Coal Clampdown Rumors
Shares of Tangshan Port Group Co Ltd soared 7 percent on Tuesday, to post their biggest daily percentage gain in nine months, as investors bet the small port would benefit from a major clampdown on coal transportation at its larger rival. Shares in the Hebei-based company trading on Shanghai stock exchange jumped to 4.6 yuan ($0.67), their highest since Nov. 15, on Tuesday before ending the session at 4.52 yuan. Trading volume was also higher than usual with 121 million shares, the highest in a year. The stock posted its biggest daily percentage gain since May 13 last year.
VARD bags Aker BioMarine Fishing Vessel Order
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels has secured a contract for the design and construction of one krill fishing vessel for Aker BioMarine in Norway. The new and innovative vessel of VARD 8 10 design is specially developed for sustainable fishing operations in Antarctica. The vessel will measure 130 meters in length, have a beam of 23 meters, and will be equipped with state-of-the-art technology for environmentally friendly operations.
HHI Implements NAPA 3D Design Tool
Software and services provider NAPA has announced that Hyundai Heavy Industries (HHI) has implemented NAPA Steel’s 3D model-based ship structural design tool across its business. NAPA Steel provides an interactive 3D structural modelling interface. Once a single flexible model is created for the whole vessel, this can be used throughout the design process, including class society rule checks, creating plan approval drawings, FE (Finite Element) model generation, weight calculation, etc.
1-Stop, Bestshore Team-up for European entry
1-Stop Connections (1-Stop) and Bestshore Business Solutions UK Ltd (Bestshore) announce a new strategic alliance to bring their productivity solutions to the European and Indian-sub continent port community. Through the partnership with Bestshore, 1-Stop assures that their products and solutions are represented by trusted advisors and experts in the shipping industry. 1-Stop’s flagship product, the Vehicle Booking System (VBS), is the premier system for the Terminal to Landside interface. The VBS is active in 13 terminals across Australia, New Zealand and most recently, the Philippines.
Ship Design and Construction Matters
The Sub-Committee on Ship Design and Construction (SDC) meets for its fourth session this week (13-17 February). Key topics on the agenda include the expected finalization of draft explanatory notes to the SOLAS chapter II-1 subdivision and damage stability regulations and the completion of draft interim guidelines for use of fibre reinforced plastic elements within ship structures. Also on the agenda is the further development of a draft new SOLAS chapter and related Code on the safe carriage of more than 12 industrial personnel on board vessels engaged on international voyages…
Marine Propulsion Market Poised for Growth -Report
The marine propulsion engine market was valued at $9 billion in 2015 and is projected to reach $12 billion by 2022, growing at a CAGR of 4.1 percent from 2016 to 2022, according to a new report published by Allied Market Research. Diesel propulsion system segment is expected to maintain its dominance throughout the forecast period. Asia-Pacific accounted for the highest share of 51 percent in 2015, and is anticipated to maintain this trend. Increase in production and sales of ships globally and rise in international seaborne trade drives the market growth.
First Steel Cut for Next Italian Navy Newbuilds
A steel cutting ceremony was held for the Italian Navy’s lead Multipurpose Offshore Patrol Ship (PPA) at Fincantieri’s shipyard in Muggiano (La Spezia), officially marking the beginning of construction works on the first unit. The first of seven new builds, the PPA will be delivered in 2021 and it is part of the renewal plan of the operational lines of the Italian Navy vessels, approved by the Government and Parliament and started in May 2015. The project as a whole involves the construction of nine units…
Germany to Buy Six Warships
German Defence Minister Ursula von der Leyen has decided to buy six MKS-180 multi-role warships instead of putting off a decision on two of those ships until 2030, her spokesman said on Monday. The ministry decided last October to delay a tender for four warships, which was valued at 4 billion euros ($4.24 billion), to ensure that quality standards were met. A decision on two extra warships had initially been planned in 2030. "The need is there. Now the minister has decided to buy all six of the required MKS-180 ships," the spokesman said, without providing a new cost estimate for the programme. The new ships, to be delivered from 2023, will be used for attacking targets on land and underwater, as well as providing aerial protection to other vessels.
Metal Shark Launches New Website
Louisiana-based shipbuilder Metal Shark has announced the launch of its new website. The new metalsharkboats.com features an all new design boasting fresh content, increased functionality, and robust search tools that facilitate navigation within the company’s vast product portfolio. “Metal Shark has expanded its focus to include a diverse range of markets, so we tasked ourselves to create an easily navigable website that allows us to reach the right customers with the right products and message,” explained Josh Stickles, Metal Shark’s vice president of marketing.
Germany to Buy Six MKS Multi-Role Warships
Germany's Defence Ministry has decided to buy a total of six MKS-180 multi-role warships instead of four, as initially planned, a ministry spokesman said Monday, without providing a new cost estimate for the program. The ministry decided last October to delay a tender for four warships that was valued at 4 billion euros ($4.24 billion), to ensure that quality standards were met. A decision on the two extra warships had not been planned until 2030. The new ships, to be delivered from 2023, will be used for attacking targets on land and underwater, as well as providing aerial protection to other vessels. The three remaining teams bidding to build the new warships are Bremen-based privately owned shipyard Luerssen and Thyssen Krupp Marine Systems…
TNPA: Five Tugs Done, Four More to Go
Transnet National Ports Authority’s (TNPA) R1.4 billion tug building contract in Durban continues to create jobs and develop local marine capabilities, with the fifth of the authority’s nine new tugs launched this morning in Durban. The project is now 81% complete and still on track to deliver the ninth and final tug early in 2018, on time and within budget. Five tugs are under construction at any given time at the premises of contractor, Southern African Shipyards. Four are already delivered and at work in Port Elizabeth and Saldanha.
Mein Schiff 1 & 2 Builds Progressing at Meyer Turku
TUI Cruises and Meyer Turku shipyard have jointly designed the New Mein Schiff 1 & 2 to be an evolution on the successful foundation of Mein Schiff 6. Today the construction of these ships is entering a next stage: The keel laying of New Mein Schiff 1 and the start of production of New Mein Schiff 2 were celebrated by invited guests, Meyer Turku employees, the CEO of TUI Cruises Wybcke Meier and the CEO of Meyer Turku Jan Meyer. At the same time Mein Schiff 6 is being completed for delivery at the outfitting key. New Mein Schiff 1 & 2 will be longer with 315 meters compared to the 295 meters of the previous ships. This lengthening allowed for a substantial redesign giving the ships several new features and interesting spaces for guests to enjoy.
AAM Wins Hybrid Passenger Vessel Contract
All American Marine, Inc. (AAM), inked a deal for the construction of a new hybrid electric passenger vessel to be delivered to the Red and White Fleet of San Francisco, California. The contract for the new 600 passenger aluminum monohull was signed during the recent annual Maritrends Conference put on by the Passenger Vessel Association. AAM’s latest contract follows an earlier announcement made by the company regarding a construction agreement for a 500 passenger aluminum monohull tour boat for Argosy Cruises of Seattle, WA.
Damen books DAB Vloot ferry order
The last newbuild order of 2016 for the Damen Shipyards Group was signed on the 31st of December with DAB Vloot of Belgium. The vessel will be a 25-metre ferry especially designed to carry vehicles and passengers across the canal linking Ghent and Terneuzen. Even though the journey time each way for the ferry will be little more than five minutes, the complex route and the minimal room for manoeuvre in the busy waterway means that she will be fitted with twin Voith Schneider propellers (cycloidal drives) to give her the agility required for safe and timely passages.
Maersk Enhances Asia-Europe, Transpacific services
Maersk Line introduces a new service – the AE7 – on the Asia-North Europe trade and a new service – the TP16 – on the Transpacific trade. The new services will enable MSC and Maersk Line to accommodate the incoming volumes from the recently announced slot purchase agreements with Hyundai Merchant Marine and Hamburg Süd. The two carriers will move cargo, but not operate vessels in the 2M network. “With these exciting product improvements we confirm our commitment to provide extensive direct coverage and best in class transit times to our customers in the Asia-Europe and Transpacific trades…
DP World not concerned about Trump protectionist policies
Dubai ports operator DP World is not concerned about U.S. President Donald Trump's protectionist policies, DP World's chairman Sultan bin Sulayem told reporters on Sunday. "Not at all. I think this is a phase. I think the sentiment that you see in America is ... in many parts of the world but this is something is going to pass," bin Sulayem said on the sidelines at a conference in Dubai. (Reporting by Alexander Cornwell, writing by Hadeel Al Sayegh; Editing by Toby Chopra)
Stricken Norwegian Star Cruise Ship Towed to Melbourne for Repairs
The luxury cruiseliner Norgwegian Star,lost power en route from Australia to New Zealand, has docked back in Melbourne after becoming stranded off the coast for two days, says company sources. Engine problems struck The Norwegian Starr on Friday morning after leaving port and ruining holiday plans for more than 2000 travellers, forcing it to bob without direction 30km off the coast of Melbourne. The ship was slowly towed to Port Philip Bay, Melbourne harbour by tugs on Saturday evening, and moored in the early hours of Sunday morning.
Global Shipping Meltdown Impacts European Banks
The collapsing maritime shipping industry is stoking another European banking headache, this time in economic powerhouse Germany, says a report in WSJ. While the Commerzbank, Germany’s second largest bank, reported earnings, warned that its losses on shipping loans could be as high as EUR600 million ($641 million) this year after nearly doubling last year to EUR559 million. Stephan Engels, Commerzbank’s chief financial officer (CFO) admitted that there was little immediate prospect of recovery.
North P&I Club Guidelines on Minimising Risk from Ro-Ro fires
North P&I Club has published a new loss prevention briefing on how to prevent, detect and fight fires on roll-on-roll-off (ro-ro) vessels and car carriers. Such vessels are twice as likely to catch fire as other ships and vehicle-deck fires are notoriously difficult to contain and put out. The new 10-page briefing, which is free to download from the Club’s website, explains the risks of ro-ro and car carrier fires in detail. It then sets out a comprehensive series of recommendations covering training, maintenance, vigilance, reaction and procedures.
Container Volumes zoom at Virginia Port
The Port of Virginia moved 228,516 twenty-foot equivalent units (TEUs) in January, setting a new volume mark for the month, growing volume by 18.5 percent when compared with last January and pushing the fiscal-year-to-date growth to 8 percent.The port handled the heavy volume despite two lost workdays in January that were the result of a heavy snow at the start of the month. The continued growth comes as the port prepares to begin work on its three-year capacity expansion plan at Virginia International Gateway (VIG) and Norfolk International Terminals.
Baleària repowers high-speed ship ‘Jaume II’
Baleària repowers the high-speed ship ‘Jaume II’ to improve its energy efficiency, reliability and service. The investment totaling more than 5.5 million euros is part of the shipping line’s fleet modernization process. The work will be done at the Astilleros del Guadalquivir shipyard as an agreement has been reached with them to handle all stranding operations for its fast ferries. Work began this week to repower Baleària’s fast ferry Jaume II at the Astilleros del Guadalquivir shipyard…
Charting the Consolidation of Container Shipping
Last year saw a huge amount of change in the under pressure container shipping sector, according to Clarksons Research report. In particular, the ongoing consolidation of the sector in one form or another grabbed the headlines. To put this into context, it’s interesting to see how the level of consolidation relates to other parts of shipping, how it has developed over time and how it might progress looking forward. It’s quite clear that the shipping industry is a fairly fragmented business.
Screw Pumps for Ship Unloading and Product Transfer
Blackmer, part of PSG, a Dover company and a global leader in positive displacement, regenerative turbine and centrifugal pump, and reciprocating compressor technologies, says its S Series Twin Screw pumps deliver operational capabilities to meet the needs of shipbuilders and shippers. Specifically, S Series pumps offer the reliability, flexibility, economy, performance and value to optimize the transfer of critical liquids from the vessel to distant tank farms, the manufacturer says.