Philly Shipyard Lays Keel for Kinder Morgan Product Tanker
Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA, held a ceremonial Keel Laying for the third product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan, Inc. subsidiary. Keeping with long held shipbuilding tradition, coins were placed on one of the keel blocks before the 650 ton unit was lowered into place in the dry dock. Representatives from Philly Shipyard and Kinder Morgan were in attendance to place the coins as a sign of good fortune and safe travels.
Lenders Hire Rothschild to Sell ABG Shipyard
Largest Private Sector Shipbuilding Yard in India ABG Shipyard is for sale. The Lenders led by State Bank of India has hired investment bank Rothschild to find a buyer for a majority stake in the company as they struggle to save Rs 16,000 crore ($2.4 billion) worth of loans given to it, reports Economoc Times. Lenders have to complete this exercise -converting debt into equity -within 210 days and find a new buyer within 18 months, according to Reserve Bank of India norms. Earlier…
Conrad Wins Army Corps Crane Barge Contract
Conrad Shipyard won a contract to build a Crane Barge for the United States Army Corps of Engineers. The 300 x 68-ft welded steel barge is to be used in floating crane service by the Corps’ Rock Island District in support of its maintenance mission on the inland navigation system. The barge is designed with a deckhouse and crew support area, generator room, shop area, office and heads. Below deck will enclose machinery spaces, storage areas and tankage. The vessel will be classified by ABS as Maltese Cross A1…
MarAd Stresses Economic Impact of Shipyard Jobs in NE
In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the northeast region. “American shipyards provide a dependable, highly trained workforce that produce, repair and maintain some of the world’s most modern and innovative vessels. Their efforts ensure our…
Newbuild Contracts at Lowest Level in 20 Years -BIMCO
Shipyards have become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the record for the lowest newbuilding contracts in more than 20 years, according to international shipping association Baltic and International Maritime Council (BIMCO). After a decline from 2010 to 2012, shipbuilding had a rebound in 2013 and was expected to level out over the next few years. The reality was a slight decline in 2014 and 2015, but still high levels of contracting measured by compensated gross tonnage (CGT).
Consolidation of Yard Capacity for Healthy Shipping
A dramatic collapse in newbuild orders due to a weak market environment across all shipping sectors is putting pressure on the global shipbuilding industry, says Teekay Corporation. Just 7.2 million compensated gross tones (CGT) of new orders have been placed through the first eight months of the year, by far the lowest year for new orders since at least the early 1990s, and possibly longer (accurate orderbook data is patchy pre-1996). The problem for the yards is that global shipbuilding capacity is far higher than it was in the past, at approximately 50 million CGT per year vs.
Vard Electro Bags Contract in India
Vard Electro AS, a subsidiary of Vard Holdings Limited, has secured a new contract for the delivery of an equipment and electrical installation package to Cochin Shipyard Ltd. for a vessel under construction for the Government of India. Contracted by the yard in August 2015 and expected to become operational in 2018, the vessel with a length of approximately 120 meters will be equipped with several of VARD’s SeaQ products and systems. The contract includes engineering to support the shipyard in the approvals process, delivery of a SeaQ Electric Propulsion and Integrated Automation System (IAS) package, SeaQ Bridge systems, complete generator sets, and the complete electrical installation on board the vessel. The value of the contract is approximately 150 MNOK.
Interlake Steamship Bulk Carrier Repowered
The newly repowered M/V Herbert C. Jackson departed Fraser Shipyards in Superior, Wis., yesterday giving a farewell salute to the Twin Ports where it has been undergoing its steam-to-diesel conversion since December 21. As the last steam-powered ship in Interlake Steamship Company’s fleet, the conversion of the Herbert C. Jackson represents the final phase of the company’s decade-long modernization program to create the most efficient, reliable and environmentally responsible fleet on the Great Lakes. The 690-foot Jackson is the fifth ship to undergo a major overhaul and Interlake’s fourth and last steam-to-diesel conversion since 2006. “After a successful repowering at Fraser Shipyards, the Herbert C.
$100M Tug Contract: Fourth Boat Delivered in South Africa
Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban. The tug – named OSPREY in honor of the fish eagle – will serve at the Port of Saldanha. In line with maritime tradition, the duty of officially naming the vessel was carried out by Lady Sponsor, Thandeka Mabija, who earlier this month was appointed General Manager for Human Resources at TNPA. TNPA Chief Operating Officer…
Damen, Fincantieri Potential STX France Buyers
Dutch group Damen shipyards and Italian group Fincantieri are the two potential buyers that have emerged for STX France, a shipyard subsidiary of the struggling South Korean group STX Corp, French daily Le Monde said on Thursday. "Two foreign candidates, Italy's Fincantieri and Holland's Damen are fighting over the last big French company of the (shipyard) sector," Le Monde said, citing several sources. On Wednesday a French finance ministry source said two potential buyers had emerged for STX France.
Two Buyers Eye Struggling STX France Shipyard
Two potential buyers have emerged for STX France, a shipyard subsidiary of the struggling South Korean group STX Corp, according to a French finance ministry source. The French state holds a 33 percent minority stake in STX France, which runs a naval shipyards in Saint Nazaire on the west coast. Lossmaking STX Corp is in administration. A French finance ministry source said a South Korean court was poised to clear a decision to liquidiate STX Corp's assets on Friday this week, a move that could clear the way for the sale of its assets.
First Carrousel-RAVE Tug Under Construction in Hamburg
Construction of the first Carrousel-RAVE tug has begun at Theodor Buschmann Shipyard in Hamburg. This novel design features the Robert Allan Ltd. and Voith Turbo GmbH & Co. KG developed RAVE propulsion with drives arranged inline along the centreline of the hull, and the Novatug patented Carrousel Towing System installed on the main deck. This unique combination of propulsion and towing arrangements results in inherently safer towing and escort operations, with enhanced maneuvrability for operations in confined waterways and other generally tight spaces.
Sirius Orders Two Oil/Chemical Tankers
Sirius Shipping AB has ordered two oil/chemical tankers with the latest technology and in compliance with future rules and regulations, such as Tier III, at Avic Dingheng shipyard. This is the 5th project that FKAB signes in less than a year, on a tanker project.The design is developed in cooperation between FKAB and Sirius and it started already in 2012, under the name “EVOlution.” The design with a gas-ready two-stroke engine, is based on proven hull lines, to reduce the fuel consumption to be one of the most efficient vessel in its segment.
Seaspan Hosts Atlantic Canada Industry Day
More than 100 people representing over 70 companies attended Seaspan Shipyards’ second annual Atlantic Canada Industry Day hosted in Halifax today. During the session, attendees received an update on Seaspan’s progress on its National Shipbuilding Strategy (NSS) Non-Combat package of vessels and associated supply chain opportunities. “Through the National Shipbuilding Strategy, Seaspan has embarked on many years of sustained shipbuilding on the West Coast that is already delivering results to Canada, its taxpayers and the overall Canadian economy,” said Brian Carter, President – Seaspan Shipyards. “We are progressing well on the construction of the first two of three Offshore Fisheries Science Vessels for the Canadian Coast Guard with the third one to begin later this year.
Two VARD Module Carrier for Topaz Energy and Marine
Vard Holdings Limited has secured a contract for the design and construction of two additional Module Carrier Vessels for Topaz Energy and Marine (“Topaz”). The vessels, of VARD 9 21 design and measuring 123 by 16.5 meters, are sister ships of a series of 15 identical Module Carrier Vessels previously contracted by Topaz for delivery from VARD’s shipyards in Tulcea and Braila in Romania, and Vung Tau in Vietnam. They will be operated by Topaz through a consortium led by Blue Water Shipping. One of the additional vessels will be built at Vard Braila and one at Vard Vung Tau.
IMOIIMAX Tanker Stena Immortal Delivered
The Stena Immortal was delivered yesterday from the Chinese shipyard GSI (Guangzhou Shipbuilding International) in southeast China. The vessel is jointly owned on a 50-50 basis by Stena Bulk and Indonesian Golden Agri Resources (GAR) and is the eighth of a total of 13 IMOIIMAX tankers ordered by Stena Bulk in 2012. She will be operated by Stena Weco and will sail in the company’s global logistics system, which currently employs about 60 vessels. 2016: The Stena Imperative, Stenaweco Impulse and Stena Imagination.
Damen Establishes Caribbean Repair Yard
On Friday, September 9, the government of Curaçao and Damen Shipyards Group signed a concession agreement for the future operation of the current Curaçao Drydock Company, enabling Damen to establish a new company on Curaçao under the name Damen Shiprepair Curaçao. Damen said it expects to start up its operations in the two graven docks and on the available quays end October 2016. Part of the agreement consists of Damen bringing in extra capacity in the shape of a floating dock.
Deltamarine Bags $4.5m Vessel Design Job
Deltamarin, a subsidiary of AVIC International Maritime Holdings, has been contracted by Finland’s Rauma Marine Constructions (RMC) shipyard to design a new ro-pax vessel. AVIC said Deltamarine will provide the Finnish Rauma Marine Constructions Oy shipyard with services for a ro-pax vessel to be built for the Danish Mols-Linien A/S. “The new 158-metre ro-pax vessel will be designed and optimised to carry passengers and cargo between the Danish islands of Bornholm and Sjaelland. The cargo capacity will be 1,500 lane metres,” a press release said.
Indonesian Navy Frigate Completes Sea Trials
The first of two SIGMA 10514 PKR naval frigates for the Indonesian Navy has successfully completed its sea trials as of September 7, marking a milestone on a project for which the first steel was cut in January 2014. The assessment phase began with seven days of basin trials to ensure that the propulsion and safety systems were fully operational before the vessel made the challenging passage from the PT PAL shipyard in Surabaya to the open waters of the Java Sea. There then followed…
Damen Sells Shoalbuster to V.O.F. Sleepboot
On August 29 a contract was signed by Jos van Woerkum, Managing Director of Damen Shipyards Hardinxveld, and Willem-Harm Mastenbroek, owner and managing director of V.O.F. Sleepboot ISA, for the delivery of a new Damen Shoalbuster 2709. Based in Wijk bij Duurstede in the Netherlands, the company has undertaken projects across north west Europe and as far east as the Caspian Sea. The new Shoalbuster is replacing a 30-meter, multipurpose, anchor handling tug and will be available for work all over the world.
Preparing the Shipyard Work Force of Tomorrow
Training tomorrow’s workforce of skilled artisans and engineers is a leading priority of America’s public and private shipyards. It takes an average of six to eight years to train a fully qualified shipyard worker to the level of journeyman mechanic, technically skilled to work on nuclear submarines and aircraft carriers. The average age of a shipyard worker is about 45 years, and 33 percent of shipyard workers are over the age of 50. To meet this challenge head on, the naval shipyards, under the guidance of Naval Sea Systems Command (NAVSEA), are rejuvenating the skilled workforce base through the shipyard apprentice program. The congressionally supported shipyard apprentice program for blue-collar production trades is a subset of the shipyard workforce revitalization program…
Guam Shipyard Opposes Union Representation
President & CEO Mathews Pothen of Guam Shipyard advises its 280 workers they will not benefit by joining a union. Guam Shipyard employees are shortly to make an important decision for their future – either to remain status quo or to be represented by the International Brotherhood of Electrical Workers. For he past 16 years, Guam Shipyard has supported its employees and treated them as family. Guam Shipyard and its employees have joined together in good and lean times. Guam Shipyard firmly believes that its employees will not benefit from joining the Union especially during these economic hard times. Shipyard employees should expend their monies on their families vice paying union dues. Therefore, Guam Shipyard opposes Union Representation for its employees.
Congresswoman Marcy Kaptur Christens Tugboat
Congresswoman Marcy Kaptur, Representative of Northern Ohio’s Ninth Congressional District, was the Sponsor and Principal Speaker for the naming ceremony for the tugboat HANDY-THREE at Great Lakes Shipyard. “She is here today because of her sponsorship and commitment to small shipyards,” remarked Ron Rasmus, President, The Great Lakes Group. Kaptur has championed the passage and funding of the Assistance to Small Shipyards Grant Program which makes grants for capital and related improvements for qualified small shipyard facilities to foster efficiency…