Waigaoqiao Shipbuilding Co News

Anglo American has taken delivery of its 10th and final dual-fueled bulk carrier powered by liquefied natural gas (LNG), the company said on Wednesday.The capesize-plus LNG dual-fueled bulk carriers have been built and delivered over the last three years from Shanghai Waigaoqiao Shipbuilding Co.

Greek shipowner Performance Shipping Inc. announced it has signed two shipbuilding contracts with China Shipbuilding Trading Co. Ltd. (CSTC) and Shanghai Waigaoqiao Shipbuilding Co. Ltd. (SWS) for the construction of two 114,000 DWT LNG-ready LR2 Aframax product/crude oil tanker vessels.The newbuilds, expected to be delivered in January and April of 2026, were ordered at a purchase price of US$64,845,000 per vessel, net of third-party commission. 15% of the purchase price is payable upon receipt of a refund guarantee…

French engineering firm GTT announced it has signed a strategic cooperation agreement with Chinese shipbuilding group China State Shipbuilding Corporation Limited (CSSC).The agreement provides for cooperation between GTT and 12 subsidiaries of the CSSC conglomerate, notably in ship design and construction, cryogenic containment technologies for liquefied natural gas (LNG) shipping, LNG as fuel and smart shipping solutions.As part of this agreement, GTT and CSSC aim to develop and market competitive LNG tank solutions with GTT technologies…

Greek shipowner the Angelicoussis Group announced its dry bulk division has taken delivery of its first dual-fuel Capesize bulk carrier.Ubuntu Unity was officially handed over to its Maran Dry Management (MDM) from Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) on February 28, 2023.The newbuild is 299.9 meters long with a 47.5-meter beam and cargo capacity of about 190,000 metric tons. It is classed by DNV and flies the Greek flag.A sister vessel, Ubuntu Community, is scheduled to be delivered to MDM from SWS in the coming months.

Greek shipping company the Enesel Group announced the launch of its new Aframax/LR2 tanker Kavafis.The newbuild, which is currently being built by China's Shanghai Waigaoqiao Shipbuilding Co Ltd (SWS), is the first in a series of three vessels ordered by the Enesel Group. It was launched on December 30, Enesel said.The vessel will be classed by Lloyd’s Register and built to Hellenic flag requirements.It is scheduled for delivery in April 2023.

Eastern Pacific Shipping's first LNG-fueled Newcastlemax bulk carrier in an order of 13 ABS-Classed vessels, has recently taken on its first load of LNG bunker fuel at Singapore.The 209,936 DWT dual-fuel vessel, Mount Tourmaline, was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd., China, and delivered to EPS on January 28, 2022.Captain Anil Singh, EPS Chief Operating Officer said: “Our fleet of dual-fuel LNG Newcastlemax vessels will play a major role in our decarbonization efforts and the industry’s energy transition.

China State Shipbuilding Corporation (CSSC) subsidiary Shanghai Waigaoqiao Shipbuilding Co. Ltd (SWS) has started hull construction for the first cruise ship that it is building for CSSC Carnival Cruise Shipping Limited, joint venture between Carnival Corporation and CSSC.The new vessel, scheduled for delivery in 2023, will accommodate about 4,250 passengers, in addition to 1,400 crew members. It is said to be the first cruise ship built in China for the Chinese market.A joint venture set up by Italian shipbuilding group Fincantieri and CSSC Cruise Technology Development Co.

Shanghai-based SWS shipyard has delivered two newbuild platform supply vessels to Sinoocean.The vessels the 'Guo Hai Min Xing' and the 'Guo Hai Min Sheng' -  both of the ULSTEIN PX121 design - are operating for COSL – China Oilfield Services Limited, with whom they have a long-term charter.Two more vessels of the same design at SWS (Shanghai Waigaoqiao Shipbuilding Co., Ltd.), have completed their sea trial and will also be delivered to COSL shortly, according to schedule, Ulstein, the vessel designer, said Monday. The owner of all four vessels is Sinoocean. Image Credit: Ulstein

China’s first domestically built cruise ship, to be built at Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), will feature a power and propulsion package from ABB.From ABB's perspective the deal includes two Azipod steerable propulsion systems for the 323m vessel, due for delivery in 2023. The ship will be built to accommodate 5,000 passengers and is designed to suit the tastes of Chinese cruise travelers whose numbers are expected to rise to 8-10 million annually by 2025, according to industry body Cruise Lines International Association (CLIA).In addition to the Azipods…

Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) has signed  contracts for 36 newbuildngs worth a total contracts value of over RMB10bn (USD1.48bln).According to the state media Xinhua, the vessels will be built at a number of different yards under the CSSC umbrella and CSSC (Hong Kong) Shipping Company, will provide financing service to all 36 newbuildings.The contracts include manufacturing of 36 new ships including 174,000-cubic-meter liquefied natural gas (LNG) ships, 13,000-tonne multi-purpose heavy lift ships, 300,000-tonne VLCC feeder container ships, 95,000-tonne ice-enhanced bulk carriers as well…

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise guests by the end of 2019.CSSC Carnival Cruise Shipping Limited announced an agreement to purchase two existing ships from Carnival Corporation’s Costa Group, the leading cruise operator in Europe and Asia.

US-based tanker shipping company International Seaways (INSW) has completed the acquisition of six 300,000 dwt very large crude carriers (VLCCs) from Euronav NV. The tanker company providing energy transportation services for crude oil, petroleum products and liquefied natural gas announced in a press release that it has completed its previously announced acquisition of six 300,000 DWT VLCCs for a purchase price of $434 million, inclusive of assumed debt, from Euronav. The six vessels have an average age of two years and include five 2016-built VLCCs and one 2015-built VLCC, each constructed at Shanghai Waigaoqiao Shipbuilding Co. International…

Lloyd's Register presented Approval in Principle (AiP) to Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) for its liquefied natural gas (LNG) dual-fueled Newcastlemax 210,000 DWT bulk carrier design during a ceremony this week at the Posidonia 2018 trade show in Greece.SWS and LR have agreed to jointly develop the bulk carrier design, which is based on an existing conventional bulk carrier design and updated to incorporate LNG propulsion.LR provided assistance and support, in terms of the LNG fuel system application and verifying the design against the IGF code…

Greece-based dry bulk shipping firm Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels in two all-share transactions. 15 of the vessels will be acquired from Songa Bulk and three of the vessels will be acquired from Oceanbulk Container Carriers. The consideration for the vessels was determined based on average vessel valuations by independent vessel appraisers. The Company has agreed to issue an aggregate of 13.725 million common and pay $145 million in cash for the acquisition of all of Songa’s 15 modern dry bulk vessels . The cash portion of the Songa consideration will be financed through proceeds of a new five-year capital lease of $180 million with China Merchants Bank Leasing with a margin of 280 bps…

Tanker company International Seaways said that it has entered into a stock purchase and sale agreement to acquire the holding companies for six VLCCs from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime. The $434 million transaction is inclusive of assumed debt, and includes five 2016-built VLCCs and one 2015-built VLCC, each constructed at Shanghai Waigaoqiao Shipbuilding Co. The Company intends to fund the transaction, which is expected to close in the second quarter of 2018, with a combination of available liquidity, the assumption of all or part of the debt that is currently secured by the vessels…

International Seaways, one of the largest tanker companies worldwide, said it acquired a 2010-built VLCC for $53 million, the Seaways Raffles, which commenced trading in the Tankers International pool, during the fourth quarter of 2017. During the fourth quarter, the company, which provides energy transportation services for crude oil and petroleum products in International Flag markets,  sold a 2004-built MR, which was delivered to buyers in November 2017. The Company also sold a 2002-built MR, which delivered to buyers in January 2018, and a 2004-built MR, which delivered to buyers in February 2018. Net proceeds received from the two ships delivered to buyers in 2018 totaled $17.9 million.

Oslo based compressor supplier TMC Compressors said it has won a contract to supply the marine compressed air system for a new floating production storage and offloading unit (FPSO) currently being built in China for Dutch firm SBM Offshore. TMC was contracted by Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) to provide a compressed air system consisting of 4 x 400 kW service air compressors with associated air dryers and filters to the shipbuilder’s yard in Shanghai. The contract value is undisclosed. “There seems to be a recovery under way in floating production market. Encouragingly, TMC’s marine compressors are increasingly being selected for major FPSO developments,” said Per Kjellin, managing director of TMC Compressors.

The move to LNG as fuel in the maritime sector picks up steam, as CMA CGM announced plans to outfit nine of its new 22,000 TEU containerships with LNG fueled engines. A trend that started in the United States is spreading to the world, as global containershipping giant CMA CGM announced its intention to outfit its series of new 22,000 TEU containerships with LNG-fueled engines. The move to ‘clean fuel’ in the maritime sector has been rapid, spurred by new rules from the International…

International Seaways has entered into a binding letter of intent to acquire the holding companies for six 300,000 DWT VLCCs with an average age of 1.7 years from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime, Inc. (GNRT). The purchase price for the six-vessel acquisition is $434 million, inclusive of assumed debt. The six vessels that INSW has agreed to acquire include five 2016-built VLCCs and one 2015-built VLCC, each constructed at Shanghai Waigaoqiao Shipbuilding Co., and are expected to be delivered to the Company in the second quarter of 2018. In connection with the transaction…

WinGD X-DF engines will power CMA CGM’s record setting containerships. French shipping line CMA CGM has chosen WinGD’s largest, 92 cm bore, dual-fuel low-speed engine to power its series of groundbreaking box ships – presently the largest on order globally, and the first ultra large container vessels with capable of running on liquefied natural gas (LNG). The series of nine ultra-large 22,000 TEU capacity containerships will be built at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.

French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding (Group) Co, had received a letter of intent from CMA CGM for the ships, which would be capable of carrying 22,000 20-foot equivalent unit containers (TEU), the newspaper said. The final order was subject to board approval from both sides, the newspaper said. Both yards are owned by state-run China State Shipbuilding Corporation. CMA CGM did not immediately respond to a request for comment. Calls to Shanghai Waigaoqiao Shipbuilding and Hudong-Zhonghua Shipbuilding outside office hours were not immediately answered.

Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) said it delivered a 158,000 DWT Suezmax oil tanker Greek operator TMS Tankers on July 18.   The vessel, Fontana, has an overall length of 274 meters, molded breadth of 48 meters and draft of 16 meters. It is suitable for carrying crude oil having flash points at or below 60℃, and fully meets the regulations of EEDI, the builder said.

ABB turbochargers are powering the main engines and auxiliary engines of the largest containership ever built in China, a 20,000 TEU vessel named COSCO Shipping Taurus, launched in June 2017. This first ship was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) for delivery to COSCO Shipping Lines Co. Ltd, the world’s fourth largest container shipping company. A further ten vessels also for COSCO Shipping Lines will be applied with the same ABB turbocharger configuration. They will add to the company’s fleet of 311 containerships with a total capacity of 1.64 million TEU.