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Saturday, January 20, 2018

Boconco Shipbuilding News

Graham Oil Services Expands Boat Fleet

Boconco Shipbuilding's offices on Bayou LaBatre's Shell Belt Road are surrounded by prefabricated steel components for several utility boats building at the yard. A series of 126 by 30 by 12-foot boats are being built for delivery to Barry Graham Oil Services also of Bayou LaBatre. Alabama. The sister-ship was delivered two years ago with the others to be delivered at regular intervals over the coming year. The first of this set of boats launched on the high water Thursday evening January 23 and will be named the Capt. Levert in honour of Barry Graham's 87-year old maternal grandfather. Capt. Levert Seaman had a 100-ton license and has worked most types of boats along the Gulf Coast…

CH3OH: Make Room for Methanol

The newest buzz among offshore operators serving the oil and gas rigs in the Gulf of Mexico (GOM) is the increased use of methanol (CH3OH) by oil companies and contract drillers. This has meant more work for supply boats carrying this alcohol product to rigs along with rig water, fuel oil and liquid and bulk mud. Methanol is used to keep the flow lines from the wellhead to the surface of the water from becoming restricted or blocked. Restricted flow from wells is becoming an increasing problem for oil companies and drilling contractors whose bottom line depends on getting every drop of oil from a well. Flow assurance is a critical issue, especially with longer tiebacks in deepwater drilling operations.

Imabari to Acquire Minaminippon Shipbuilding

Imabari Shipbuilding Co., Ltd. has reached an initial agreement to acquire compatriot Japanese shipbuilder Minaminippon Shipbuilding Co., Ltd. The takeover, which remains subject to further discussions before the deal is concluded, would take effect April 1, 2018. Minaminippon’s present shareholders include Mitsui Engineering & Shipbuilding Co., Ltd. (25 percent) and Mitsui O.S.K. Lines, Ltd. (24 percent).

Korea to be Shipbuilding Leader Again: President

President Moon Jae-in (left) smiles as he receives a model of the icebreaker LNG carrier tanker `Vladimir Rusanov` from Daewoo Shipbuilding and Marine Engineering CEO Jung Sung-leep, at Daewoo`s Okpo Shipyard in Geoje, Gyeongsangnam-do Province, on Jan. 3. Photo:  Office of the President

President Moon was visiting Daewoo Shipbuilding and Marine Engineering`s Okpo Shipyard in Geoje, Gyeongsangnam-do Province, to inspect the shipbuilding yard of an icebreaker arctic liquefied natural gas (LNG) tanker. “The government will protect and bring up your hope,” he said. The icebreaker LNG carrier the president inspected is equipped with state-of-the-art technology that`s specialized in polar regions. It enables the ship to safely navigate cold weather in temperatures as low as minutes 52 C.

MV Werften Cuts First Steel for Crystal Endeavor

Tan Sri Lim Kok Thay pushes the button to start the first steel cut (Photo: MV Werften)

Shipbuilder MV Werften said it has begun building Crystal’s new luxury expedition yacht, Crystal Endeavor, with first steel cut on January 15 at its shipyard in Stralsun, Germany. Set to debut in 2020, Crystal Endeavor will be Crystal’s largest and most spacious purpose-built Polar Class ship featuring all-suite, butler-serviced accommodations, and adventure in polar regions and other remote destinations. Employees and guests watched as the flame cutter was launched by Genting Hong Kong Chairman and CEO…

Vroon Offshore Vessel Undergoes Modification Work

Photo: Damen Shiprepair

Damen Shiprepair Oranjewerf has completed final outfitting and modifications on a second subsea-support walk-to-work (W2W) vessel for Vroon Offshore Services (VOS). VOS Stone was built at Fujian Southeast Shipbuilding in China before coming to the Netherlands for completion. This follows a similar project successfully completed in July this year at Oranjewerf, involving sister ship VOS Start. The eight-week program for VOS Stone involved a wide range of activities, including installation of a 50-tonne active heave-compensated…

EU Opens Investigation into Tax Incentives for Polish Shipyards

© Mariusz Niedzwiedzki / Adobe Stock

The European Commission on Monday opened an investigation into tax incentives for shipyards in Poland, saying it had concerns the scheme would give an unfair advantage to companies. Under the Polish scheme, shipmakers can pay a flat-rate tax on sales from the building and conversion of ships. The Commission said such a measure could be seen as “operating aid”, which is illegal under EU rules. “The Commission will now investigate further to determine whether its initial concerns are confirmed,” the EU’s competition watchdog said in a statement.

OSV's Join Shrimp Trawlers in Bayou La Batre

The picturesque town of Bayou La Batre, Ala. has long been known for its production of shrimp trawlers. Normally, about 150 of these 90-105 ft. vessels come out of 8-10 yards set up specifically to produce these boats. Increasingly, however, large deepwater offshore service vessels are taking their place along side of the trawlers as the Bayou La Batre boat builders join with their Louisiana cousins in producing vessels for the oil patch. Interestingly, it is many of the same builders who construct dozens of trawlers a year that are in the forefront of OSV production. One of the prime examples is Master Boat Builders, Coden, Ala., about three miles south of Bayou La Batre.

China Rolls-out World's Second-Largest Ore Carrier

Photo: Shanghai Waigaoqiao Shipbuilding Co., Ltd

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.

Bahri Dry Bulk Secures Newbuild Finance

New vessels being built by Hyundai Mipo Dockyard will be used to cater to the growing demand for the import of essential grains into Saudi Arabia. Photo: Bahri Dry Bulk

Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced that it has secured a Sharia-compliant funding of SAR 360 million (USD 96mln) from Bank Albilad, one of the fast-growing banks in Saudi Arabia. The fund is to finance the purchase of four new bulk carriers as part of an agreement signed by the company‎ in 2017 with Hyundai Mipo Dockyard (HMD), a member of Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding company based in South Korea.

ABS Approves Hyundai Heavy's FPSO Hull Design

Photo: ABS

South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) for its floating production storage and offloading (FPSO) hull design from classification society ABS. “As the offshore industry strives to design more cost-effective production units, ABS remains committed to evaluating novel designs that meet our class standards,” says ABS Executive Vice President, Global Offshore Ken Richardson. “The Newbuilding Conversion FPSO hull design can be built for about half the cost as compared to a conventional FPSO hull…

Four Japanese Companies Join Modec in Sepia FPSO Deal

Photo:  MODEC, Inc.

Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil. "MODEC, Mitsui, Mitsui O.S.K. Lines, Marubeni Corporation and Mitsui Engineering & Shipbuilding Co have agreed to jointly invest in a long-term charter business currently promoted by MODEC, for providing a FPSO in the Sepia Area, off the coast of Brazil," said a press release. These companies have entered into related agreements for the FPSO project on January 9, 2018.

Shipbuilding: $13.3 Mln Awarded for R&D Projects

© wi6995 / Adobe Stock

The National Shipbuilding Research Program’s (NSRP) Executive Control Board has selected a new round of research and development (R&D) projects aiming to spur technology advancements in order to reduce costs associated with shipbuilding and ship repair in the U.S. The seven projects – valued at over $13.3 million, including cost share – were selected from those proposed in response to research announcement issued in July 2017, and are outlined below. Objective: The primary goal…

Huangpu Shipbuilding Expands Use of PTC Shipbuilding Solution

Huangpu Shipbuilding expanded its use of PTC Shipbuilding Solution, which includes CADDS5i to improve its overall design capabilities. With the expanded software implementation, Huangpu Shipbuilding is standardizing PTC Shipbuilding Solution as its manufacturing design platform. Huangpu Shipbuilding believes that this decision will further accelerate its transformation into a modern international shipbuilding enterprise. CADDS 5i enables users to reference each other's evolving designs and facilitate concurrent engineering in a fully digitized ship design and 3D modeling environment. The application is designed to shorten product design lead-time and accelerate time-to-market, and will now be used by 80 additional engineers at Huangpu Shipbuilding.

Durrell, Irving Shipbuilding Eye $35B Shipbuilding Deal

Steve Durrell, President, Irving Shipbuilding

As it is the builder of 80% of Canada’s current Surface Combatant fleet, Halifax, Nova Scotia-based Irving Shipbuilding is justifiably confident in its bid to win a sizable portion of the Canadian government’s estimated $35b National Shipbuilding Procurement Strategy contract. With the award announcement expected mid-October, on the eve of his yard potentially winning the biggest deal in its history, Maritime Reporter & Engineering News sat down with Steve Durrell, President, Irving Shipbuilding…

China to Roll Out Smart Crude Oil Carrier

Photo: Dalian Shipbuilding Industry

China's Dalian Shipbuilding Industry Co (DSIC) is working on China's first smart crude oil carrier - a special project named "smart ship 1.0 R&D - which will incorporate technology to help the captain operate the ship. The Chinese state media quoted Guan Yinghua, deputy chief engineer of DSIC as saying that the project was assigned by the Ministry of Industry and Information Technology. Guan said that the very large intelligent crude carrier will be the most important result of the project. She said the smart vessels represent the future.

GasLog: New Shipbuilding Order with SHI

Image: GasLog Ltd

GasLog , an international owner, operator and manager of liquefied natural gas (LNG) carriers, has announces that it has ordered a newbuild 180,000 cubic meter vessel with XDF propulsion from Samsung Heavy Industries (SHI) that is scheduled to  deliver in the third quarter  of 2019. This vessel is currently unchartered but its early delivery means that it is expected to deliver into a strong LNG shipping market. Paul Wogan, Chief Executive Officer of GasLog Ltd., commented, "I am very pleased to announce this expansion in our fleet.

FEATURE: A Family Tradition

The one constant about the management of offshore vessel operating companies is the domination of family members of the founder. Except for the largest of these companies, Tidewater, Inc., that is a public NYSE-listed firm, most of the companies in this category, large and small, are run by the descendents of the founder. Many of these companies still bear the founder's name and most of the vessels are named after family members. In 1948, Abdon Callais converted a shrimp trawler into an offshore service vessel and that began a company that is in its third generation of providing transportation of fluids and cargo to offshore oil and gas rigs. Abdon's sons Harold and Ronald became involved with offshore oil buisness.

Weeks Marine Takes Delivery of Hopper Dredge Magdalen

Weeks’ new 350-foot hopper dredge, Magdalen, on her way to work (Photo: Weeks Marine)

Weeks Marine’s new self-propelled hopper dredge, Magdalen, was delivered by Eastern Shipbuilding on December 22 following sea trials and regulatory inspections. The newbuild is one of the two newest, and among the largest hopper dredges in the U.S., and will bring formidable pumping power to offload beach quality sand or other materials for land reclamation. On December 28, the new dredger sailed from Eastern's Allanton facility in Panama City, Fla. on her maiden voyage to the East Coast.

Huangpu Employs PTC Design Platform

PTC the Product Development Company, and Guangzhou-based CSSC Guangzhou Huangpu Shipbuilding Co. Ltd announced that Huangpu Shipbuilding has expanded its use of PTC Shipbuilding Solution, which includes CADDS 5i to improve its overall design capabilities. With the expanded software implementation, Huangpu Shipbuilding is standardizing on PTC Shipbuilding Solution as its manufacturing design platform. Huangpu Shipbuilding believes that this decision will further accelerate its transformation into a modern international shipbuilding enterprise. The suite of CADDS 5i solutions enables users to reference each other's evolving designs and facilitate concurrent engineering in a fully digitized ship design and 3D modeling environment.

Halifax Shipyard to Bid on Two Contracts

Irving Shipbuilding Inc. plans to submit bids for two massive federal shipbuilding contracts, an ambitious move that could land the company $35b in shipbuilding work, enough to span three decades. Last October, Irving Shipbuilding was one of five Canadian shipyards shortlisted for two major federal shipbuilding contracts, part of Ottawa's National Shipbuilding Procurement Strategy.     (Source: The Telegraph-Journal)  

Public Meeting on the Investment Environment In Yangzhou

Yangzhou, April 26, 2011 —— A public meeting on the investment environment of the Hanjiang Shipbuilding (and Heavy Industry) Industrial Park and Sinopacific Shipbuilding Affiliated Industrial Base was held in Yangzhou today. Attending this public meeting were city government leaders such as Yangzhou City People’s Government Deputy Mayor Wen Daocai, district government leaders such as Hanjiang District Party Committee Secretary Cheng Yusong, Sinopacific Shipbuilding Group Chairman and CEO Liang Xiaolei…

Chinese Shipbuilding Yard Enters World Top 5

A Chinese shipbuilding yard has entered the global top five in terms of order backlog. According to a report by London-based shipbuilding and marine transportation researcher Clarksons, China's Dalian Shipbuilding Industry with 2,838,000 compensated gross tons (CGT) ranked fifth on the list of world shipbuilding yards based on order backlog as of March. Hyundai Heavy Industries with 10,790,000 CGT came in first, followed by Samsung Heavy Industries with 8,517,000 CGT, Daewoo Shipbuilding & Marine Engineering with 6,559,000 CGT and Hyundai Mipo Dockyard with 4,296,000 CGT. Hyundai Samho Heavy Industries with 2,762,000 CGT and STX Shipbuilding with 2,659,000 CGT raned sixth and seventh, respectively.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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