Global Ocean Trade: Latest Shipbuilding Orders

By George Backwell
Tuesday, June 24, 2014
Contract: File photo

Newbuilding activity has continued at a steady pace this week with a number of new orders reported across dry bulk ships and tankers by Clarkson Hellas in their latest S&P Weekly Bulletin, as follows:

Dry bulk carriers
Tsuneishi have taken an order at their Cebu facility in the Philippines for a total of three 81,600 DWT Kamsarmax for Japanese buyers. Nissen Kaiun declared two further options taking their total series on order to five vessels, with an additional order for a single unit by Hisafuku Kisen – all due for delivery in 2016.

In the smaller sizes, China Navigation announced an order for four firm 38,000 DWT Handysize at Imabari, with delivery planned for 2017.

Clarkson Hellas note that a yet unknown Greek buyer has contracted one firm plus up to four option 15,500 DWT Self-Unloaders at Nantong Rainbow. Understood to be for use carrying rock salt, delivery is planned within 2016.

Additionally Fortescue Metals Group (FMG) have announced an order for four firm 260,000 DWT VLOCs at an unconfirmed Chinese shipyard for delivery from the final quarter of 2016.

Tankships
Clarkson Hellas report another relatively quiet week in tankers. General Dynamics NASSCO announced that American Petroleum Tankers have declared an option for a fifth 50,000 DWT MR product carrier, with delivery of the latest unit due in the second quarter of 2017.

In Japan, Fukuoka are understood to have taken an order for two firm 25,000 DWT stainless chemical tankers from Greathorse Chemical, with delivery in 2017.

Terntank announced the declaration of two further 15,000 DWT chemical tankers at AVIC Dingheng, taking the series to four units. As with the firm vessels, the options will have LNG dual fuel propulsion, with delivery in the later part of 2016 and into 2017.

Heavy lift ships
In other sectors, COSCO Shipping (COSCOL) have ordered three firm 48,200 DWT Semi-Sub/Heavy Lift vessels at Huangpu Wenchong, with delivery due in 2016.

Source: Clarkson Hellas S&P Weekly Bulletin

 


People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Shipbuilding

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

Tanker Trends

Hellenic Petroleum Profits Rise on Higher Exports

Hellenic Petroleum, Greece's biggest oil refiner, posted a 20 percent rise in second-quarter core profit on Thursday, with higher exports offseting lower refining margins.

Alfa Laval Launches DuroShell LPG/E Cargo Condenser

With the new Alfa Laval DuroShell plate-and-shell heat exchanger, Alfa Laval aims to strengthen its offering in LPG/E cargo reliquefaction with a construction that

Navy Discovers Malaysian Tanker

Indonesia's navy has found a tanker carrying almost US$400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute, says a report in AFP.

Bulk Carrier Trends

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

Essar’s Vizag Port Terminal Boost Third Party Business

Post the taking over of Vishakhapatnam Port Trust’s (VPT's) Iron Ore Handling Complex (OHC) on a Build-Operate-Transfer (BOT) basis for a period of 30 years in May’ 15,

Liftboats

Liftboat Jinshan 1 Delivered

A 97.5m truss-legged liftboat designed by A. K. Suda (SUDA) has been completed and is being delivered to its owner, following on the heels of a 91.5m truss leg liftboat delivered earlier this year.

Consulting

MN100: TPG Marine Enterprises, LLC

The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System.

MN100: Safety Management Systems, LLC

The Company: A leading US maritime consultancy established in 1996, SMSLLC provides practical risk mitigation solutions for vessel operators and stakeholders.

Newbuild Volatility to Alter Future Shipping Cycles -MSI

Independent research and consultancy firm Maritime Strategies International (MSI) has forecast a structural change to future shipping cycles, driven by increased volatility in newbuilding activity.

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1125 sec (9 req/sec)