Asian Nations Battle for Shipbuilding Share
China’s share of the tanker orderbook rose from 32.4% in 2022, to 62.6% in 2023 and then 71.2% in 2024. Its share of the container ship orderbook has shown a similar growth trajectory. The nation has ranked first in the world for new orders since 2012. Labor costs are about half of what they are in Korea and Japan, and China is the world’s cheapest steel manufacturer.Niels Rasmussen, Chief Shipping Analyst at BIMCO, says that during the past five years Chinese shipyards have built 50% of the ship capacity delivered, and Chinese shipyards now hold 66% of the ship capacity in the orderbook.
Shipyard in Focus: Tsuneishi Shipbuilding – 120 Years of Innovation & Expansion
For more than 120 years, Tsuneishi Shipbuilding has been a force in global shipbuilding, evolving from a small domestic enterprise into an internationally respected brand. Established in 1903 by Katsutaro Kambara, Tsuneishi's journey mirrors the broader industrial and economic transformations of Japan and the maritime world itself.Kambara's initial venture, Kambara Kisen Co., Ltd., was focused on shipping operations. By 1917, the company established its own construction and repair facility, Shiohama Dockyard, at the site of today's Tsuneishi Factory.
Austal Philippines Delivers 32 Meter CAT Ferry to Rottnest
Austal Philippines has delivered a 32-meter catamaran to Rottnest Fast Ferries, less than twelve months after commencing construction in Balamban, Cebu.The vessel, named ‘Ocean Master’, designed by Incat Crowther, was officially accepted by representatives from Rottnest Fast Ferries following the successful completion of sea trials in November 2024.President of Austal Asia, Wayne Murray said the delivery was yet another demonstration of the proven capability of the Austal Philippines shipyard to construct world-class vessels of high-level designs…
Rottnest Fast Ferries takes new 32m Vessel
Austal Philippines delivered a 32m catamaran to Rottnest Fast Ferries, less than 12 months after commencing construction in Balamban, Cebu.Dubbed Ocean Master and designed by Incat Crowther, was officially accepted by representatives from Rottnest Fast Ferries following the successful completion of sea trials in November 2024.President of Austal Asia, Wayne Murray said “The Austal Philippines team have delivered this impressive new catamaran in less than 12 months - exceeding expectations for productivity…
Fire Out on Esperanza Star
The Philippine Coast Guard has declared “fire out” on the ferry Esperanza Star after attending then scene when a distress call was made at 0400 on June 18. The vessel was sailing in the waters of Panglao, Bohol, with 78 passengers and 59 crew onboard when the fire broke out at the aft of the vessel. Those onboard are reported to be safe and without injury after being taken to Bohol.The vessel is operated by Kho Shipping Lines, and the company issued a statement thanking the personnel of Philippine Coast Guard (PCG)-Bohol…
Crew Member Killed in Containership Fire off the Philippines
One crew member was killed and three more have been reported injured in a containership fire off the Philippines. The Philippine Coast Guard (PCG) said it responded to a fire aboard the Philippines-flagged General Romulo anchored off Talisay City, Cebu on Sunday.Nineteen of the ship's 20 crew members have been rescued by the Coast Guard, and three of those crew members are being treated for burns. The Coast Guard said it was unable to retrieve the body of the deceased seafarer on board "due to the magnitude of fire prevailing on the vessel".According to initial reports from the Coast Guard…
New High-speed Ferry Delivered to Fred. Olsen Express
Fred. Olsen Express has taken delivery of a new high-speed ferry, Bañaderos Express, built by Austal Philippines. Captain Juan Antonio Rojas and the crew of Bañaderos Express formally accepted the vessel from Austal Philippines president and general manager Wayne Murray at a COVID-safe ceremony held at the company’s Balamban, Cebu shipyard.The Austal Auto Express 118 trimaran is the second and final vessel in a A$190 million series ordered by the Canary Islands operator in 2018. The first vessel, Bajamar Express was constructed by Austal Australia and delivered in July 2020.
Fred. Olsen's New Ferry Completes Sea Trials
The second of two Austal Auto Express 118 trimarans constructed for Fred. Olsen Express of the Canary Islands has completed sea trials off the coast of Balamban, Cebu, in the Philippines. Launched in April, Bañaderos Express (Austal Hull 395) is planned for delivery in September 2021.Bañaderos Express has achieved contract speed of 37.5 knots during multiple trials, the vessel's builder Austal said. Austal Limited chief executive officer Paddy Gregg said, “Austal’s proven trimaran hull design and integrated smart-ship technology…
The Philippines: Trans-Asia Shipping Lines Launches New RoPax Vessel
Shipping firm Trans-Asia Shipping Lines has launched its new RoPax vessel MV Trans-Asia 21 which will serve the Cebu-Cagayan De Oro-Cebu route in the Philippines.The company, part of Chelsea Group, said that the Japan-built newbuild was part of the group's program to move forward with its commitment "to provide Filipinos a fleet of modern, fuel efficient, clean, and superior quality ships."MV Trans-Asia 21 which measures 123 meters in length and with GRT of approximately 8,800 tons, is Trans-Asia’s 15th vessel and can carry 1,051 passengers.
Austal Philippines Launches Ferry for Fred. Olsen Express
Austal Philippines in April launched the high-speed trimaran ferry Bañaderos Express for Fred. Olsen Express in Balamban, Cebu.The newbuild is the second in a series of two 118-foot Auto Express ferries ordered by the Canary Islands-based operator under a A$190 million contract that has already seen sister vessel Bajamar Express delivered by Austal Australia in July 2020.Scheduled for delivery in the second half of CY2021, Bañaderos Express is the first vessel to be completed using Austal Philippines’ new floating dry dock…
Cargo Ship Grounding in Philippines: Four Crew Dead, 9 Missing
Four crew members from a cargo ship that ran aground off the southern Philippines have died, while seven have been rescued and a search is continuing for nine others, the Philippine Coast Guard (PCG) said on Wednesday.The crew of LCT Cebu Great Ocean abandoned the vessel, which was carrying nickel ore and 2,000 liters of diesel, before it ran aground in Surigao del Norte province on Monday, the coast guard said.The bodies of the four crew members were found after being washed onto the shore…
The Philippines: Cargo Ship Runs Aground. Crew Missing
A cargo ship carrying 20 crew members, nickel ore, and around 2,000 liters of diesel has run aground off the southern Philippine province of Surigao del Norte, the coastguard said on Tuesday.The cause was not immediately known, but the weather was rough in the area due to Typhoon Surigae, which brought winds that reached 195 km (121.17 miles) per hour, with its effects felt in many parts of the eastern Philippines.The coastguard said the crew of LCT Cebu Great Ocean were "nowhere…
All at Sea – Charity Helps Children Stay Learning on Remote Islets
It’s home learning, but not as we know it. As children in the UK wave goodbye to home school this World Book Day (March 4), hundreds of pupils in the Philippines are still getting their schoolwork delivered to them – by boat.Schools in the Philippines have been closed and children have been told to stay at home since early 2020 as the islands wait for vaccine rollouts.
Austal Philippines Delivers New Ferry to Fjord Line
Shipbuilding group Austal said its Austal Philippines arm has a 109-meter high-speed catamaran ferry to Fjord Line of Norway.The vehicle-passenger ferry, named FSTR, is said to be the largest aluminum vessel ever constructed in the Philippines. It is currently the largest ferry (by volume) to be constructed by Austal, at any of the company’s shipyards worldwide.Austal CEO, Paddy Gregg, said, “It’s impressive to see a large high speed ferry like this delivered in the best of times…
45 Rescued from Passenger Vessel Fire
All 45 passengers and crew members have been rescued from a ferry that caught fire roughly 5.5 nautical miles east off Binongkalan Point, Cebu Thursday night.The Philippine-registered RoRo / passenger ship MV Filipinas Dinagat owned by Cokaliong Shipping Lines was traveling from Cebu City for Palompon, Leyte when the fire erupted on board.By the time the Philippine Coast Guard (PCG) arrived on scene to conduct rescue operations, the stricken vessel had become totally engulfed in flames.Immediately…
Warship Escorts New Ferry through the Gulf of Aden
A new Australian-built passenger ferry bound for service in the Canary Islands was escorted by EU anti-piracy forces as it made its way through one of the world's top piracy hot spots.The first of two new ferries built by Austal Australia for operator Fred. Olsen Express, the 118-meter trimaran fast ferry Bajamar Express requested support of EU NAVFOR Somalia Operation Atalanta for its along transit the International Recommended Transit Corridor through the Gulf of Aden and Bab al-Mandab Strait…
Austal Delivers Fast Ferry Bajamar Express to Fred. Olsen Express
Shipbuilder Austal Australia has delivered a new 118-meter fast ferry to Fred. Olsen Express.The high-speed trimaran ferry Bajamar Express is the first of two identical vessels ordered by Fred. Olsen Express in a €126 million ($142.8 million) contract in October 2017. The second vessel, Bañaderos Express, is under construction at Austal Philippines shipyard in Balamban, Cebu, and is scheduled for delivery in the first half of 2021.Capable of transporting 1,100 passengers and 276 cars at a cruising speed of more than 37 knots, the new trimaran ferries for Fred.
Mammoet Helps Austal Philippines Float Its Largest Ferry Build
Dutch heavy lift and transport specialist Mammoet was hired to help shipbuilder Austal Philippines carry out a full scope load-out and float-off of its largest ever high speed catamaran ferry launched earlier this year.During its conceptualization phase, Mammoet’s engineers proposed a revised methodology that reduced the volume of heavy lifting equipment required to complete the maneuver, helping to bring down costs for the operation. With this, there was not a need to include a long list of equipment…
Austal Launches 109m Ferry
Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu.The vehicle-passenger ferry, to be known as FSTR, is the largest aluminium vessel ever launched in the Philippines – and the largest by volume ever built by Austal. It is scheduled to be delivered in the 2nd quarter of CY2020.“This new ship for Fjord Line of Norway is the first of many large, high-speed commercial ferries to be constructed at our newly expanded shipyard in the Philippines," said Austal CEO David Singleton.
Ferry Industry Sets Pace on Critical Solutions
Interferry CEO Mike Corrigan describes a distinctly upbeat period in the worldwide ferry community – and explains how the global trade association plans to take its support to far-reaching new levels.There are times when the phrase “there are three kinds of lies: lies, damned lies and statistics” seems all too true, but here’s an honest number for you – ferries carry a global total of more than 2 billion passengers a year, which is almost on a par with airlines.Hard to believe? Not for those of us in the industry, but almost certainly for many citizens and politicians.
Tsuneishi Delivers 500th TESS Design Bulker
Japanese shipbuilding major Tsuneishi Shipbuilding delivered the 500th newbuilding in long running bulker range the Tsuneishi Economical Standard Ship (TESS).The TESS64 Aeroline bulker Sarita was delivered to Ugland Shipping by Tsuneshi Heavy Industries (Cebu) in November last year marked the 500th vessel of a TEES design to be delivered."As indicated by its name “TESS”, the TESS series features fuel consumption performance with excellent economy, and high versatility that is easy to use. TESS, our representative brand, has been a favorite with customers since the first ship was completed in 1984," said a press release.While Handymax bulk carriers used to have a deadweight of 36…
Tsuneishi Philippines Delivers First Boxship
Tsuneishi Shipbuilding has delivered its first containership newbuilding from its yard in the Cebu, the Philippines.The Philippines yard’s first container vessel, a 1,944 teu Bangkok Max sized ship was delivered on 10 September. The Bangkok Max is the largest size of vessel that can call the port of Bangkok, and the Tsuneishi design is larger than the standard 1,800 teu capacity."Standard Bangkok Max carriers can generally be loaded with about 1,800 20-FT containers, but our new carrier can be loaded with 1,944 containers, one of the highest capacities among Bangkok Max carriers," the shipbuilder said.The ship is equipped with a SOx scrubber to meet heightened SOx emission restrictions…
Seven Vessels Added to CTM's RSA
C Transport Maritime (CTM), the vessel management company in the dry cargo ocean transport industry, announced that four of its current members have added seven more vessels to the Supramax Revenue Sharing Agreement (RSA) in July and August 2019.According to the Monaco-based provider of ship management service, Chandris (Hellas) added the M/V Serene Juniper (57,185 dwt, 2011 built at STX Dalian).D’Amico Group added the M/V Medi Hakata (58,078 dwt, 2014 built at Shin Kurushima) , M/V Medi Manila (57,903 dwt, 2014 built at Tsuneishi Zhoushan), M/V Medi Yokohama (57,905 dwt, 2014 built at Tshuneishi Zhoushan) and the M/V Medi Segesta (58…