Performance Shipping Orders LNG-ready LR2 Tanker
Greek shipping company Performance Shipping on Wednesday announced it has signed a shipbuilding contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding Company Limited for a newbuild LR2 Aframax product/crude oil tanker.The 114,000 DWT vessel was ordered for for a contract price of $62.6 million, net of commission to third party, Performance Shipping said. The company noted that 15% of the purchase price is payable upon receipt of a refund guarantee…
Grimaldi Orders More Ammonia Ready Car Carriers
The Grimaldi Group announced it has exercised its option for the construction of five additional ammonia-ready 9,000 CEU car carriers from China Merchants Heavy Industries Jiangsu, part of China Merchant Industry Holdings (CMI).Grimaldi announced its initial order for five new pure car and truck carrier (PCTC) vessels from CMI in October. The 10 vessels are scheduled to be delivered between 2025 and 2027 and will be deployed on voyages between Europe, North Africa, and the Near and Far East.Grimaldi said it developed the vessel concept in collaboration with naval architecture firm Knud E.
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. The shipbuilder will build more VLOCs for China Ore Shipping.
Major Dalian VLCC Contract for OceanSaver
OceanSaver announced that Dalian Shipbuilding Industry Company (DSIC) has ordered ballast water management (BWM) systems for six VLCCs thus lifting the company’s order book to approximately $45m. The DSIC VLCC contract follows recent OceanSaver BWM system orders with Hyundai Heavy Industries for two high-spec Suezmax crude-oil tankers and six VLCCs at the Shanghai Waigaoqiao Shipbuilding Company in China. To date, OceanSaver has won BWM system contracts for 17 vessels – all of them large tankers. As of July 8th this year, 26 (25% of the world’s tonnage) of 30 possible flag states have ratified the International Convention for the Control and Management of Ships' Ballast Water and Sediments adopted in 2004.
Dalian Shipbuilding Orders OceanSaver
OceanSaver announced that Dalian Shipbuilding Industry Company (DSIC) has ordered ballast water management (BWM) systems for six VLCCs thus lifting the company’s order book to approximately $44.6m. The DSIC VLCC contract follows recent OceanSaver BWM system orders with Hyundai Heavy Industries for two high-spec Suezmax crude-oil tankers and six VLCCs at the Shanghai Waigaoqiao Shipbuilding Company in China. To date, OceanSaver has won BWM system contracts for 17 vessels – all of them large tankers. As of July 8th this year, 26 (25% of the world’s tonnage) of 30 possible flag states have ratified the International Convention for the Control and Management of Ships' Ballast Water and Sediments adopted in 2004.
Major Ballast Water Management Order for Suezmax
OceanSaver announced signing a major contract with Hyundai Heavy Inudstries in Korea for the delivery of two ballast water management (BWM) systems for Gungen, a leading Turkish owner and operator of high-spec SUEZMAX crude-oil tankers. Valued at $4m, the Gungen BWM agreement follows OceanSaver’s six VLCC BWM system deal with Shanghai Waigaoqiao Shipbuilding Company just four weeks ago and now escalates OceanSaver’s total order book up to $32m. The Gungen contract covers the supply of two 2,500 m3/h BWM systems to be located inside the Zone 0 area of the tanker pump room. Zone 0 represents the strictest gas hazardous class as gas or vapor may be present.
China Maps out Goal for Shipbuilding
According to Xinhua, the latest official blueprint on the China's shipbuilding industry urges the country to crank up efforts over the next five to ten years in order to shoulder its way into the elite club of independent mainstream shipbuilders. Key development targets enshrined in the National Medium-and Long-Term Plan of the Shipbuilding Industry include: ships to reach international levels of technological sophistication; annual output to hit 17 million deadweight tons (dwt); annual production capacity of medium- and low-speed ship diesel engines to reach 4.5million kw and 1,100 units respectively in order to meet domestic demand; more than 60 percent of ship equipment to be produced locally.
