South Korea is Number One
According to a report from the Kyodo news service, the combined tonnage for ship orders received by South Korean shipbuilders was higher than that of Japanese shipbuilders in 2002. The Shipbuilders' Association of Japan reported that Japanese shipbuilders received orders worth a combined 5.9 million tons in the year, down 25.9% from 2001. South Korean shipbuilders reportedly received orders for a combined 7.59 million tons, up 18.4%, according to data from the Korea Shipbuilding Industry Association. In 2001, Japan was the top shipbuilder based on tonnage.
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.
Thor-Lube Bearing Receives Orders
Thordon Bearings Inc. of Canada recently received orders for environmentally friendly Thor-Lube sealed stern tube bearing systems for three LNG carrier newbuild projects in Korea and Japan. Daewoo Shipbuilding & Marine Engineering Co. Ltd ordered systems for two ships, one for Shell International Gas Limited and the second for the Australian LNG Ship Operating Co. (ALSOC). Mitsubishi Heavy Industries (MHI) of Japan ordered the third system for a second Shell newbuild. All three vessels are due to be delivered in 2004.
PT PAL Receives to Build Container Ships
State-owned shipbuilding company PT PAL Indonesia has received orders from a Thai shipping company for four container ships measuring 50,000 deadweight ton (DWT). The order from Thoresen Thai Agencies (TTA) is worth US$180 million, PT PAL General Engineering and Maintenance Director Herbadi Noviano said. Herbadi said the construction of the ships was to be completed in 2010-2013, adding that work could not start at once for the order as PT PAL had to honor contracts made earlier with other customers. State-owned shipbuilding company PT PAL Indonesia has received orders from a Thai shipping company for four container ships measuring 50,000 deadweight ton (DWT).
Offshore Books $1M Of New Business with USCG
Offshore Systems International Ltd. has received orders from Marinette Marine Corp. Shipyard for ECPINS systems for USCG Sea Going Buoy Tender WLB hulls 6 and 7 with an option for an additional nine systems through the year 2003. In addition, Offshore's wholly-owned U.S. subsidiary, Offshore Systems International Inc., has been selected by the USCG and Bollinger Shipyard to provide the Yokogawa EML500HV1 Electromagnetic Speed Log for the new USCG Coastal Patrol Boat (CPB) Program. The company has received orders for the first 13 CPB ship sets with an option for an additional 37 CPB ship sets over the next two years. The total value of the committed business is approximately $1,000,000 with the potential for significant new orders based on the options under the two contracts.
MHI Kobe Shipyard’s Receives Orders
Mitsubishi Heavy Industries, Ltd. (MHI) has received consecutive orders for large size container ships from the Evergreen Group of Taiwan, one of the leading container transportation operators in the world. Since 1992, MHI has received orders for 38 container ships from Evergreen without a break, of which 32 ships have either been built, or are to be built at MHI’s Kobe Shipyard and Machinery Works, and six at Nagasaki Shipyard and Machinery Works. MHI Kobe has marked the launching of the 30th container ship for Evergreen on February 5, and christened as Hatsu Excel. Among Japanese shipbuilding companies, only MHI has recorded consecutive orders for 38 large size container ships from one ship owner.
Saab TransponderTech AB Receives Orders From Saab Rousemont Marine and Consilium
Saab TransponderTech has together with its partner Saab Rousemont Marine received orders from Daewoo shipyard in Korea to supply Daewoo Hull Numbers 5178 / 5179 - Oak Maritime 105K TDW Crude Oil Tankers with AIS. These are the first AIS orders for newbuildings in Korea directly placed by a shipyard, and more are to come in the near future. Also, Consilium Marine has ordered five AIS transponders for National Iranian Tanker Company to be built at Dalian New Shipyard in China. These are the first AIS orders for newbuildings in China. Kongsberg Maritime, Nera, STN-Atlas and Kelvin Hughes have also recently placed orders with Saab TransponderTech for AIS transponders to be delivered in November.
Greenbrier Announces Three New Marine Orders
The Greenbrier Companies announced today that its Gunderson Marine division in Portland, Oregon has received orders for three oceangoing deck cargo barges valued at approximately $25 million. Coupled with other recent orders, Greenbrier's marine backlog is now valued at over $35 million, and extends into mid-2005. The first order is for a 360' deck cargo barge for Alaska Marine Lines, a Lynden Company, the third in a series of such barges it has ordered from the Company. The other two orders are 380' deck cargo barges for Naknek Barge Lines, LLC based in Seattle, Washington.
Patriot Mechanical Handling Receives Order from Dalian
Patriot Mechanical Handling Inc. received an order worth $3.28 million from Dalian New Shipbuilding, which is based in Dalian, China, according to a China Knowledge report. The Dalian order calls for Patriot to deliver 4 CTUs (Conductor Tensioning Systems) on the new builds which are purchased by Noble drilling, Seatankers, and COSL respectively. Patriot also signed a Memorandum of Understanding (MOU) with Dalian New Shipbuilding to supply the latter with additional Subsea handling equipment over the next 12 months. Source: China Knowledge
Bangladesh-$20m in Vessel Orders
According to a report from The Financial Express, Bangladesh has received orders worth $20m for building two small vessels and a tugboat from Middle East countries at the region's biggest shipbuilding fair in Dubai. The country's ship builders, Ananda Shipyard and Slipways, acquired the new orders at the Seatrade Middle East Maritime 2008, the largest maritime event of its kind in the region. (Source: The Financial Express)
Japan's March Ship Orders Up 23% From Last Year
Ship export contracts concluded by Japanese shipyards in March totaled 20 vessels, or 781,290 grt, an increase of 23.3 percent from a year earlier, an industry body said. A breakdown shows that there were orders for seven freighters, 11 bulk vessels and two oil tankers in March. For fiscal 1999 ended March, Japan received orders for 288 vessels, or 10.97 million grt, up 69.6 percent from the previous year.
Imtech Orders Total $64 M
Imtech recently received orders from numerous ship owners and German shipyards for technological solutions on board several German yachts and cruise ships, totaling $64 million. Imtech operates three maritime competence centers: Imtech Marine & Offshore in the Netherlands (Rotterdam), Imtech Schiffbau-/Dockbautechnik in Germany (Hamburg), and HST (HDW-Hagenuk Schiffstechnik) in Germany (Hamburg, Kiel and Bremerhaven). Imtech's package of services includes integrated and automated ship's bridges, sustainable electrical drives, alarm and monitoring systems, navigation and communications systems, advanced heating, ventilation and air conditioning, fire security, sprinkler technology and integral safety.
Samsung Heavy $1.2B LNG Ship Orders
According to a report from Bloomberg, Seoul-based Samsung Heavy Industries Co. received orders to build six liquefied natural gas carriers worth a total $1.2b as demand for the fuel surges, prompting a jump in the shares. (Source: Bloomberg)
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.”
South Korean January Ship Orders Increase
New orders received by South Korean shipbuilders in January totaled 1.06 million gt, up 164.7 percent from the same month a year earlier, provisional figures from the Korea Shipbuilders' Association showed. South Korean shipbuilders received orders for 16 ships in January, the association said. Orders received in January last year totaled 400,556 gt for four ships, it said. Ships completed in January were down from the same month a year earlier. Seventeen ships totaling 956,081 gt were finished, compared to 23 vessels at 1.22 million gt, it said. South Korea's backlogged orders at the end of January amounted to 24.30 million gt for 389 ships, against 20.35 million gt for 314 ships a year earlier.
South Korean January Ship Orders Increase
New orders received by South Korean shipbuilders in January totaled 1.06 million gt, up 165 percent from the same month a year earlier, provisional figures from the Korea Shipbuilders' Association showed. South Korean shipbuilders received orders for 16 ships in January. Orders received in January last year totaled 400,556 gt for four ships. Ships completed in January were down from the same month a year earlier. Approximately 17 ships totaling 956,081 GT were finished, compared to 23 vessels at 1.22 million gt. South Korea's backlogged orders at the end of January amounted to 24.3 million gt for 389 ships, against 20.4 million gt for 314 ships a year earlier.
Korean Ship Orders Up 322%
Korean Ship Orders Up 322% New orders received by South Korean shipbuilders in February totaled 1.26 million gt, up 322.7 percent from the same month a year earlier, provisional figures from the Korea Shipbuilders' Association showed. Orders received in January-February period totaled 2.32 million gt for 37 ships, up 232.1 percent from the same period a year ago. Korea received orders for 21 new ships in February. Ten ships, totaling 718,000 gt, were completed during the month. A total of 27 ships, worth 1.67 million gt, were completed in the first two months of this year, down from 1.93 million GT for 35 ships in the same period a year ago.
Becker Marine Wins Another Rudder Order
Becker Marine Systems receives order for 93m2 TLKSR rudders - the largest ever built. 93m2 TLKSR Rudder ordered by STX O&S for 16,000 TEU container vessels Becker Marine Systems has been elected by STX Offshore & Shipbuilding to design and supply the largest ever built full spade rudders for Zodiac’s container vessels of more than 90m2. Engineering Co., Ltd. (DSME). The new order also is Becker Marine Systems’ well proven TLKSR® (Twisted leading edge king support rudder) for the 400m long and 54m wide 16,000 TEU container vessels.
S. Korea's Shipbuilders Exceed $30b
According to Korea Herald, South Korea's top three shipyards won stronger-than-expected shipbuilding orders worth over US$30 billion in the first 11 months of the year on strong contracts, industry sources said Sunday. The three -- Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. -- clinched orders worth a combined $35.6 billion for ships and marine oil-drilling facilities by the end of November, the sources said. They surpassed their yearly target of $28.5 billion by 25 percent and the value of their full-year orders is forecast to exceed the $37 billion, given ongoing contracts, they said.
S. Korean Shipyards Forecast to Win Most LNG Carrier Orders
South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships, industry sources said Wednesday. The country's three shipbuilders -- Daewoo Shipbuilding & Marine Engineering Co., Samsung Heavy Industries Co. and STX Shipbuilding Co.-- have clinched the world's 12 LNG ship orders placed this year, they said. Samsung Heavy Industries has received orders for six LNG carriers so far this year, followed by Daewoo with five orders and STX with one. About 40 to 60 LNG ships are expected to be ordered worldwide this year by countries such as Nigeria, Angola, Spain and Australia, according to the sources.
Japan Shipbuilding Orders Drop
Japanese export ship orders fell 8.5 percent in June from a year earlier, reveal figures by the Japan Ship Exporters’ Association (JSEA). Japanese export ship orders fell 8.5 percent in June from a year earlier to 499,370 gross tons, according to figures released by the Japan Ship Exporters’ Association (JSEA). The 8.5 percent decline in June was the third straight monthly drop year on year and was significantly slower than the 43.5 percent drop in April and 44.6 percent in May, reports 'Malaya Business Insight'. Industry watchers attribute the decline to shrinking demand for new vessels from shipowners, coupled with growing competition from shipyards in South Korea and China.
Wärtsilä Records High Demand in LNG Sector
Demand for Wärtsilä's ship power solutions for LNG carriers and offshore applications continued to be exceptionally high during May and June. In the offshore market, Wärtsilä continued to be favoured as the supplier of diesel generating sets for drill ships. During May and June, Wärtsilä received orders from an undisclosed Korean shipyard to supply 24 Wärtsilä 32 diesel generating sets. These diesel generating sets will power four drill ships. The deliveries will take place from 2008 onwards. In the LNG carrier market, Wärtsilä continued to profit from its pioneering work during the past few years in facilitating an industry change from traditionally-applied steam turbine machinery to alternative propulsion and power generation solutions featuring dual-fuel engines.
S. Korean Shipyards Seek To Boost Profitability
After raking in almost 40 percent of global orders in 2000, South Korean shipyards plan to focus on boosting profit margins this year by being more selective in picking up orders, company officials and analysts say. The country's major shipbuilders are under no pressure to accept new orders as their backlogged orders are sufficient to keep their dockyards busy for the next two-and-a-half years. But officials at Hyundai Heavy, the world's largest shipbuilding firm, said that its profit margins would increase dramatically through rigorous requirements on new orders and other cost-cutting measures. Samsung Heavy and Daewoo Shipbuilding, two major world shipbuilders, said they would adopt similar strategies this year.