China Rolls-out World's Second-Largest Ore Carrier
The second-largest ore carrier in the world was officially named Yuanhehai and delivered to China Ore Shipping, affiliated with China Cosco Shipping Corporation, in Shanghai, the state media reported. The 400,000-dwt mega ship, which is 362 meters long, 65 meters wide and 30.4 meters high, was delivered almost a year after the deal was made in 2016, China News Service reported. The Yuanhehai is the second-generation very large ore carrier (VLOC) designed by Shanghai Waigaoqiao Shipbuilding Company. The delivery was the first ship of the second-generation VLOC.
Jinse Shipbuilding to Build First Ships Using AVEVA
Jinse Shipbuilding Co., a recent addition to the Korean shipbuilding industry based in Busan, will use AVEVA Marine to build its first ships. Jinse received orders for 32,000-dwt and 180,000-dwt bulk carriers, with the former due to be delivered by early 2008. “The onus is on us to build high quality ships in the most efficient manner,” said Kim Tae Hyoung, Director of Jinse Shipbuilding Co. “We believe that AVEVA Marine will lead to higher production accuracy, savings in calendar time and less rework.”
Creating the VLCC
Since the birth of the very first large crude carrier (VLCC) - the 206,000-dwt Idemitsu Maru in 1966, the stage was on the verge of being set for another 1,000 large tankers of VLCC size and above that would be built over the next 30 years. VLCCs are tankers ranging in size from 200,000-320,000-dwt, with a smaller sized version less than 275,000-dwt - equivalent to about two million barrels, which is a common cargo consignment size. The largest VLCCs are 275,000-dwt and above. Idemitsu Maru was delivered by Japan's IHI shipyard at a time in which tanker sizes were escalating at a very high pace. The vessel, which was constructed to transport oil from the Middle East to Japan, measured 1,128 x 164 ft. (344 x 50 m), with a fully laden draft of 58 ft. (17.7 m).
QEII Again Stirs Repair Interests
Interest in the European cruise ship repair market is currently focused on which shipyard will win the $31.3 million contract to repair the 1968-built, 70,327-grt cruiseship Queen Elizabeth II, owned by Cunard Line. There are currently three shipyards shortlisted for the work — Bremerhaven’s Lloyd Werft, Hamburg’s Blohm + Voss Repair and the U.K.’s A&P Southampton. The contract is expected to be awarded soon, with the drydocking dates scheduled for between November 12 and December 11. Now part of the Carnival Cruise Lines (CCL) group, Cunard has also announced the drydocking programs for two other cruiseships in its fleet — the 1973-built…
Seabulk Agrees to Sell Product Tankers
Seabulk International, Inc., a wholly owned subsidiary of SEACOR Holdings Inc. announced that it has signed an agreement to sell the Seabulk Trust, a 48,000-dwt foreign-flag double-hull product tanker. Delivery of the Seabulk Trust to its buyer is expected in August. In a separate transaction, an agreement was signed to sell the Seabulk Reliant, a 48,000-dwt foreign-flag double-hull product tanker. Delivery of the Seabulk Reliant to its buyer is expected in September. Both vessels currently trade worldwide as part of the Dorado product tanker pool.
TEN Buys 9 Tankers for $530M
TEN, the New York quoted Greek tanker company controlled by the Tsakos family, confirmed it has bought for nine ice class 1A tankers from Western Petroleum for $530 million. The fleet consists of six 53,000-dwt medium range chemical/products carriers delivered by Hyundai Mipo Dockyard last year and three 116,000-dwt coated aframax products carriers for delivery from Hyundai Heavy Industries in May August and October this year. The acquisitions would be financed with a mixture of corporate cash and bank debt. The handymax tankers which all fly the Bahamas flag are the Western Baltic, Western Pacific, Western Atlantic, Western Antarctic, Western Arctic and Western Icelandic. The six vessels are due for delivery to TEN in April.
Euronav Orders Two VLCCs
Euronav nv signed a contract with Hyundai Heavy Industries Co., Ltd. (HHI) of Korea to build two double hull 318,000 dwt Very Large Crude Carriers to be delivered in the first quarter of 2009. The construction price for each ship is $120 million. Euronav already owns, fully or in joint venture, 4 ships that were built at HHI: TI Hellas (2005–318,934 dwt), Ardenne Venture (2004-318,000 dwt), TI Topaz (2002-319,430 dwt), all on the same design as the current order, and Cap Diamant (2001–164,044 dwt).
Konecranes-Munckloader: More Muscle for A Distinctive Breed
Open-hatch bulk carrier technology, championed by specialist operators in the North American trade, is to be taken an important stage further through the adoption of deck gantries promising gains of up to 50 percent in cargo handling productivity. Whereas a 40-ton lift capacity is the norm for the traveling cranes fitted on such vessels, which are typically heavily involved in pulp and paper transportation, each of a new series of 48,000-dwt bulkers is to be equipped with a pair of Konecranes-Munckloader gantries plated at 68-tons apiece. Designed for optimized handling and stowage of a wide range of unitized forestry goods, industrial cargoes, and containers, with the hatchways opening out to the full width of the holds, the latest newbuilds have been ordered from Oshima Shipbuilding.
Resilient Dutch Network
As a bastion of ship production in the under 10,000-dwt-vessel range, the industry in the northern Netherlands continues to demonstrate true global competitiveness in its chosen fields of endeavor. While much of European shipbuilding bewails the intensified onslaught from the Orient, impinging on an ever-greater range of ship types and ever-widening circle of European shipowning communities, the yards and allied firms in the northernmost Dutch provinces are putting down building blocks in new market areas. Key points of the investment-underwritten drive to increase market reach and develop business volume are a push towards larger vessels, up to 20,000-dwt in some cases, and the forging of new relationships with builders in Eastern Europe.
Bergesen Orders Two More VLCCs From HZ
Bergesen d.y. Group ASA exercised an option to buy two more VLCCs from Japan's Hitachi Zosen Corp. The total option price for the 296,000 dwt vessels is about $131.7 million. The two vessels will be delivered in March and May, 2001. Bergesen also announced that it has bought oil/ore carrier Grand Phoenix for $23 million. The 291,000-dwt carrier, built in Japan in 1986, will be delivered by the end of March.
OMI Corp. Acquires Vessels
OMI Corp. has agreed to attain two 47,000-dwt product carriers from another owner that are currently under construction at Onimichi Dockyard in Japan. The vessels will be delivered to the company in September and late November 2000, upon which they will commence two time charters to an oil company. The company has also agreed to sell the 29,996-dwt product carrier Tiber, which was built in 1989, and is the last of its Polish built vessels.
Mitsui Delivers 60th 56,000-dwt Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. recently completed a 56,000 dwt bulk carrier MV Torenia (shipyard Hull No. 1648) which had been under construction in its Tamano Works and delivered it to the owner Lepta Shipping Co., Ltd. MES completed and delivered this handy max type 56,000 dwt bulk carrier series ahead of other competitors, and this ship marks the 60th ship of its series. The ship's cargo hold capacity is over 70,000 cu. m.
Sovcomflot Buys Nine PRISCO Tankers
Russia’s PAO Sovcomflot (SCF Group) subsidiary SCF Tankers Ltd. has won an auction for nine arctic-going tankers that belonged Primorsk International Shipping Ltd. (PRISCO), who filed for chapter 11 protection in January 2016. The purchase deal is worth $215 million, and the auction results have been approved by the U.S. Bankruptcy Court for the Southern District of New York, which is handling PRISCO’s bankruptcy case. SCF Tankers outbid Denmark’s Hafnia Tankers Ltd., who submitted a $208 million offer, the Wall Street Journal reported. The nine ships comprise one Aframax crude oil tanker: Zaliv Amerika (104,535-dwt); three LR2 oil product tankers: Zaliv Amurskiy (104…
Becker Rudders for Five Container Giants
Despite the ongoing shipping crisis, Becker Marine Systems said it is on course for 2013. The Hamburg-based company was awarded the contract to equip five 18,000-TEU container ships under construction for China Shipping Container Lines with effective high performance rudders. With a transport capacity of 18,000 standard containers (Twenty-foot Equivalent Unit or TEU), the container ships currently under construction for China Shipping Container Lines at the Hyundai Heavy Industries shipyard in South Korea will be among the largest cargo ships in the world.
China Shipbuilder Wins Capesize Bulker Contracts
Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships. The contract with undisclosed European owners has the option for a further four vessels to be delivered if required. The vessels will adopt Waigaoqiao’s newly developed sixth generation design for 180,000dwt capesizes which will reduce oil consumption by 20% and improve transport capacity by 30% compared to its previous design. Waigaoqiao is a leading major capesize builder and it has been the largest bulker export shipyard in China for a number of years.
China Yard Wins Order for 10 + 10 Tankers
China Rongsheng Heavy Industries Group Holdings Ltd, the country's largest non-state-owned shipbuilder, reportedly received orders for 10 Suezmax tankers, with an option for another 10, according to a Reuters report. Rongsheng received orders for ten 157,000-DWT Suezmax tankers and options to build another 10 from a company called Global Union Shipping Ltd, Rongsheng said in a statement. The vessels will be delivered between the end of 2013 and 2014, it said, adding that the order cemented the firm's position as the largest Suezmax shipbuilder in China and the second largest in the world.
STX Wins $264m Tanker Order
STX Shipbuilding received a contract from the Middle East to build four chemical tankers for $264 million, according to a Bloomberg report. The 75,000-dwt, mid-size vessels will be delivered by June 30, 2011, the Jinhae.
Italian Owner Taps China Shipbuilder
Rizzo-Bottiglieri-De Carlini Armatori SpA (RBD Armatori), an Italian shipping company, reportedly signed a $180m contract with Shanghai Waigaoqiao Shipyard, for two 177,000-dwt ships, which will be the largest ships in the Italian company's fleet, according to a report on China Knowledge. The ships are reportedly scheduled for deliver in 2009 and 2011.
COSCO to Pay $1.95B for 16 Ships
The company will reportedly pay $1.3b for eight 13,350-TEU containerships and eight 205,000-dwt dry bulk cargo ships for $612.8m. COSCO had said in April that it would expand its fleet by ordering $2.3b worth of new ships and planned to raise its 2008 capital expenditure by 37 percent to $3.34b
Vela Awards Hyundai VLCC Contract
Vela International Marine, the shipping arm of Saudi Aramco, reportedly has awarded Hyundai Heavy Industries a contract to build four very large crude carriers (VLCCs). The 300,000-dwt VLCCs would each be able to transport two million barrels of crude oil to customers in Europe, the Far East and North America, SPA said. The new tankers, to be delivered between 2002 and 2003, would replace old tankers due to be put out of service. Vela's fleet consists of 15 vessels.
Bulk Carrier Sinks
The Liberian-registered bulk carrier Madona, carrying cement, sank in rough seas early Monday morning in the Indian Ocean after all its crew were rescued, an Australian search and rescue official said. The crew of the 33,000-dwt bulk carrier sent out a distress signal on Saturday afternoon before taking to life rafts as the vessel listed and began to sink. Madona, a 183-meter long vessel built in 1982, sank about 200 nautical miles north of the Cocos Islands, south of Indonesia and west of Australia.
Massoel S.A. Orders Three Bulk Carriers
Swiss shipowner Massoel S.A. reportedly has ordered three Handymax bulk carriers in cooperation with Norway's B Skaugen shipping group. The 46,000-dwt vessels are scheduled for delivery between March and October 2001 from Mitsui Engineering and Shipbuilding.
Massoel S.A. Orders Three Bulk Carriers
Swiss shipowner Massoel S.A. reportedly has ordered three Handymax bulk carriers in cooperation with Norway's B Skaugen shipping group. The 46,000-dwt vessels are scheduled for delivery between March and October 2001 from Japan's Mitsui Engineering and Shipbuilding. Skaugen has stakes in two of Massoel's existing bulk carriers while Massoel has an interest in the Norwegian company's Handymax bulk carrier Skaustrand.