Hyundai Heavy Foreign Ship Orders At $440M
Hyundai Heavy Foreign Ship Orders At $440M South Korea's Hyundai Heavy Industries Co. won $440 million in foreign shipbuilding orders for 11 vessels so far this month. The details are as follows: -Taiwan's Yangming Marine Transport Corp. ordered two 5,500 teu container carriers -A Greek shipping firm ordered two 172,000 dwt bulk carriers -An Indian shipping firm ordered one 75,000 dwt bulk carrier -South Africa's Safbulk ordered four 172,000 dwt bulk carriers -Turkey's Besiktas ordered one 165,000 dwt crude carrier -Liberia's Countess Shipping ordered one 73,000 dwt oil product carrier
Eitzen Chemical Orders Two Ships
Norwegian tanker shipping company Eitzen Chemical ASA announced that it has declared an option to order two additional chemicals carriers from Jinse Shipbuilding Co Ltd in Korea. The order, valued at a total of $48m, covers two coated 13,000 dwt chemical carriers. The vessels are scheduled for delivery in 2008 and brings the series from Jinse to four vessels.
Bocimar: Sells 3; Orders 4
In addition, Bocimar has ordered two 176,000 dwt Capesize newbuildings from Jinhaiwan (China). The purchase price amounts to $88.5m per vessel and the delivery is scheduled to take place in April 2009 and July 2010. Finally Bocimar, in joint venture with Wah Kwong (Hong Kong), has ordered two Postpanamax 93,000 dwt newbuildings from Shanhaiguan (China). The newbuilding price amounts to $52.8m per vessel. The vessels will be delivered in December 2010 and February 2011.
Kooren Orders Two Tugboats
Kooren Shipbuilding & Trading in Rotterdam has ordered two tug boats with the ASL shipyard in Singapore, with an option on another two. These 63 tons b.p. Rotortugs are developed by Kooren itself, 30 meters long and to be delivered in April 2005.
Hanjin Wins $294M In Orders
Hanjin Heavy Industries won orders totaling $294 million to build 10 ships for a Dutch firm, a German firm and one other European company. Hanjin Heavy said in a statement that Dutch firm Vroon B.V. ordered two 1,600 teu containerships and two 30,000 dwt chemical ships, worth a total of $96 million. It said Germany's Rickmers Reederei GmbH & Cie KG had ordered four 1,200-teu containerships worth $78 million and one other European company had ordered two 5,600 teu containerships worth $120 million. Hanjin declined to give the name of the other European company. Officials said the company has received orders for 20 ships so far this year, including these 10 ships, and had reached its target for the year of $550 million worth of orders so far.
COSCO Builds 3rd BigRoll MC Class
BigRoll Shipping announces that it has contracted COSCO Dalian Shipyard Co., LTD to build a third MC Class Module Carrier. She will be named BigRoll Baffin and is scheduled for delivery in June 2016. Bigroll Shipping last year in September ordered two vessels of the same type with options two order two more. The BigRoll Barentsz is the first of two MC Class Module Carriers ordered last year for the transportation of ultra large and heavy modular cargoes. The vessel is scheduled for delivery mid August 2015. Its sister vessel BigRoll Bering will follow in October 2015.
Daewoo Wins $483M In Ship Orders
Daewoo Heavy Industries won $483 million in ship orders last week from companies in the U.S. and Greece. It will build four ultra large crude oil carriers for Majestic Shipping Co. of the U.S., and three very large crude oil carriers for Aeolos Management S.A. and Atlantic Bulk Carrier Ltd of Greece, a company statement said. Majestic ordered two 450,000-ton ultra crude oil carriers and took options on two more. Atlantic Bulk ordered two 75,000-ton bulk carriers and Aeolos Management bought one 300,000-ton very large crude oil carrier, Kim said. The ships are to be delivered by the end of 2002.
Six Ship Design Contracts for Ulstein in Brazil
Ulstein Design has signed six ship design contracts with Brazilian shipowners CBO and DSND Consub totalling over $69.2m. The contracts are for the delivery of design, engineering, main equipment and building follow-up, and cover three different types of vessels. DSND Consub has ordered two oil spill recovery vessels (OSRV) of the Ulstein P801 model with a conventional bow, while CBO ordered two larger and two smaller platform supply vessels (Ulstein PX105 and Ulstein PX106 types, respectively) with the Ulstein X-Bow.
Sirius Orders Two Oil/Chemical Tankers
Sirius Shipping AB has ordered two oil/chemical tankers with the latest technology and in compliance with future rules and regulations, such as Tier III, at Avic Dingheng shipyard. This is the 5th project that FKAB signes in less than a year, on a tanker project.The design is developed in cooperation between FKAB and Sirius and it started already in 2012, under the name “EVOlution.” The design with a gas-ready two-stroke engine, is based on proven hull lines, to reduce the fuel consumption to be one of the most efficient vessel in its segment.
BP Amoco Orders Two LNG Carriers From SHI
BP Amoco ordered two liquified natural gas (LNG) ships, with options to purchase three more, from Samsung Heavy Industries Co for in excess of $300 million. The oil giant, which is the world's second largest non-state producer of natural gas, said construction will start in April 2001 with delivery of the first ship in the fourth quarter of 2002 and the second in the first quarter of 2003. "This order is part of our strategy for rapidly growing our internationally traded gas business. It is unusual in that it does not follow the traditional convention of tying vessel orders to specific gas sources and specific gas customers," said Richard Flurry, chief executive, Gas and Power in a statement.
Scorpion Offshore Orders Two Rigs
Scorpion Drilling Ltd (Scorpion) has exercised its option to order two additional LeTourneau Super 116 jackups to be built at Keppel AmFELS in Brownsville, Texas. The contract price for the two rigs, excluding Owner Furnished Equipment, is approximately $180 million. The new units represent the third and fourth jackup rigs in Scorpion’s fleet. The first two rigs, which were secured in July 2005, are currently being constructed by Keppel AmFELS. All four units are ultra-premium class jackups suited for both international operations as well as deep gas drilling in the Gulf of Mexico. Scorpion also holds one option for Keppel AmFELS to build another comparable rig. This option will expire at end November 2005.
New World First Ferry Orders Two Ferries
Austal and New World First Ferry Services (Macau) Limited (First Ferry (Macau)) ordered two new high-speed catamarans for operation between Macau and Tsim Sha Tsui, Hong Kong. With five Austal 155.8-ft. high speed passenger catamarans already in service, the new ferries will be almost identical to the original design. The ferries are said to be optimized for service speeds in excess of 42 knots and the comfortable carriage of 418 passengers with numerous passenger amenities. The new ferries are scheduled to enter service in 2008 to meet the growing tourism demand generated from the remarkable increase in the Macau's tourist arrivals since the development of the gaming and mega-resort industry and the extension of Individual Visitor Scheme.
Israel Shipyard Wins $50m Contract
Israel Shipyards won two contracts, worth over $50 million, to build four general cargo ships for two European customers, according to a report on www.port2port.com. Israel Shipyards Ltd (ISL) has specialized in military shipbuilding. The first customer ordered two ships which will be employed by European cement manufacturers the second, a shipping company which operate some 50 vessels of similar size. The four 90 meters long vessels on order, are classified as dwt 4,500 bulk vessels which can transport , in addition to ordinary bulk cargo, heavy and oversize cargoes.
P&O Takes Two From MHI
A further sign of Japanese inroad in the lucrative, and previously European-exclusive domain, of cruise shipping was sounded last week when the Financial Times reported that P&O is ordering two ships from Mitsubishi Heavy Industries as part of a $4.5 billion program to double the capacity of its cruise fleet over the next five years. Contracts for the two ships are reportedly worth $900 million, and the program in total could equal 11 new ships. The two cruise ships -- at 113,000 gross tons -- will reportedly be the largest the company has ordered.
Samsung Heavy to Build 4 Rigs
South Korea's Samsung Heavy Industries Co, said it has secured new orders worth a total of $2.41b. The company said it won a $1.15b dollar contract to build two semi-submersible floating drilling rigs by September 2010 for a Russian client. Separately, clients in Africa and in Americas ordered two oil drillships worth 1.26 billion dollars which will be delivered by May 2011, it said. Source: AFX
Bergesen Orders Four Tankers From Hitachi
Norwegian shipping group Bergesen d.y. ordered four 296,000 dwt tankers from Japan's Hitachi Zosen Corp., for $263.7 million. Company officials said the vessels were all under construction, and one will be delivered in the first quarter of 2000, two in the second quarter and the fourth in the first quarter of 2001. Bergesen has an option to order two other ships for delivery in the first half of 2001.
Kvaerner's Warnow Yard Lands $70.1 Million Contract
Anglo-Norwegian engineering group Kvaerner ASA said on Friday that its German shipyard Warnow had won a contract worth 640 million crowns ($70.1 million) to build two container ships for Oskar Wehr. Kvaerner said in a statement that Oskar Wehr, based in Hamburg, had also ordered two similar ships from the yard in August. The two extra vessels, of the Warnov CV 2500 design, would be delivered in the first and second quarters of 2002.
GE Shipping Orders New Tankers
Great Eastern Shipping Company (GE Shipping) has ordered two new building Long Range One (LR1) product tankers from STX Shipbuilding Company, Korea. The vessels, of around 74,500 dwt each, are due for delivery during Q3 FY 2008-09. With this order, the company`s new building orderbook stands at 9 tankers (4 LR1 product tankers and 5 MR product tankers) with an aggregate dwt of 0.52 Mn and 5 OSVs (4 AHTSVs and 1 PSV). Source: IRIS
Petrobras Invests Heavily in Ships
Petrobras, which has a $112 billion investment plan through 2012, is expanding and refurbishing its fleet. It has already contracted the construction of 23 tankers, and more orders are in the pipeline. Petrobras is also planning to order two Very Large Crude Carrier (VLCC) supertankers, but did not give a timetable for the transaction. The plan to build new ships – and potentially some new drilling rigs – in Brazil is designed to revitalize the local ship-building industry and boost the coastal dry freight sector.
GasLog Orders Two LNG Carriers
GasLog Ltd. today announced that it has ordered two new 174,000 cubic meter LNG carriers from Hyundai Heavy Industries Co., Ltd. ("Hyundai") in South Korea. The vessels are expected to be delivered in the second half of 2017, and marks GasLog’s first orders from the world’s largest shipbuilder. The vessels have been ordered with proven tri-fuel diesel electric (TFDE) propulsion with GasLog’s option to change to two stroke diesel engines with low-pressure gas injection (“LP-2S”).
Samskip to Start Second Iceland Service
Samskip will very soon start a second service between Rotterdam and Iceland. It already chartered a 364 TEU vessel for the new service. The two 703 TEU vessels of the present can not meet the demand for transport capacity. In July Samskip already ordered two new vessels of 908 TEU.
Demand to Double Omega Fleet
Oil product tanker company Omega Navigation Enterprises Inc. aims to double its fleet within three years on rising demand for refined product shipments, the company said. With limited growth in oil refinery capacity in the United States and western Europe, growing volumes of refined products are being shipped to these markets by tanker from refineries around the world. Piraeus, Greece-based Omega recently ordered two tankers, which will boost its fleet to eight vessels. The contract for the tankers includes an option to buy another two vessels.
Khulna Shipyard to Build Two Oil Tankers
According to a report from The Financial Express Bangladesh, United Shipping Line and Global International Limited have ordered two oil tankers from Khulna Shipyard in a contract signed on June 19. The two 230-ft by 38-ft oil tankers will be completed by June 2012. Source: The Financial Express Bangladesh