China: Shipbuilding Profits Soar x 10
China State Shipbuilding Co. said that its 2007 profit soared more than tenfold from 2006, powered by rising global demand, according to a report on www.chinaknowledge.com. China State Shipbuilding predicted in its statement published yesterday that its net profit for 2007 may jump 950%-1050%, without giving an exact figure. While reaping good earnings in its low speed marine diesel engine business, the company also saw significant gains in its ship manufacturing and mending sectors, boosted by China's booming ship industry. (Source: www.chinaknowledge.com)
'Waterfront Academy' To Teach Students About Shipbuilding
National Steel and Shipbuilding Company (NASSCO) and the Sweetwater Union High School District announced the creation of a "Waterfront Academy" that will train high school seniors in ship manufacturing technologies beginning in the next school year. This innovative program is expected to bring 60 to 75 incoming seniors to NASSCO's bayfront shipbuilding facility for both academic classes and career preparation. During a six-hour school day in classrooms currently under construction at NASSCO, students will receive hands-on training from the company's industry experts and will study academics with their Sweetwater teachers. Training and mentoring will be offered in trades such as electrical, machinery, pipefitting, sheet metal, ship fitting, rigging, and welding.
Jessop to Eyes Shipbuilding Project in Haldia
Jessop, a company of the Ruia Group, is planning to invest about $268m in West Bengal to set up a shipbuilding and repairing project and a coach manufacturing unit for underground railway systems. The group is also contemplating a public offering of Jessop, which in turn could be used to part finance the shipbuilding project at Haldia in East Midnapore district, said Pawan Ruia, chairman of Ruia Group. The group would invest close to $214m in shipbuilding activities and the remaining $53.5m would be towards a metro coach manufacturing facility. The company has already applied to the state government for 1,500-acre land for setting up a dry dock for ship manufacturing in Haldia.
China-Made Vessel Delivered to CMA CGM
A large container ship produced by Shanghai Waigaoqiao Shipbuilding Co., Ltd. was delivered to leading French container shipping group CMA CGM on Saturday in Shanghai, reports Xinhua. The vessel is named "Zheng He" after the famous ancient Chinese navigator. Its a 18,000-TEU container ship, designed by China State Shipping Corporation. Zheng He is the largest China has ever made and its deck is as large as four soccer fields, the producer said. The ship is a seventh-generation container ship, manufacturing of which has long been monopolized by the Republic of Korea.
$630M Investment to Boost Vietnam Shipbuilding Industry
Vietnam National Shipbuilding Industry Corporation (Vinashin) plans to invest $630 million in a variety of projects to produce components and materials for the industry, in an attempt to improve the local content ratio from 25 percent to 65 percent of components used in the country’s shipbuilding industry, according to a Vietnam Shipping Times report. Under the plan Vinashin will produce rolled steel to build the hulls of ships, manufacture 300-30,000 horsepower diesel engines, steering systems and ship cranes. Locally-made steel will account for 25.6 percent of total steel in ships constructed in Vietnam, while the local content ratio of engines will amount to 23.2 percent, and that of steering systems, 6.3 percent, according to the report.
China Hands Over Third Patrol Ship to Pakistan
China has handed a 600-ton patrol ship over to Pakistan’s maritime safety authority in Guangzhou, Guangdong province, PTI reported. The new ship, just the third of its kind, was built by China Shipbuilding Trading Company Ltd. (CSTC) and China State Shipbuilding Corporation (CSSC) Xijiang Shipbuilding Co., Ltd. Among other things, the ship will be used to safeguard Pakistan’s maritime interests, People’s Daily reported. Its two predecessors have already demonstrated their reliability and excellent performance during visits and exchanges…
Austal Awarded Additional $14 Mln in LCS Work
Austal Limited has been awarded $14.656 million in modifications to a previously awarded Littoral Combat Ship (LCS) contract by the U.S. Department of Defense. Under the contract, Austal USA will perform planning and implementation of deferred design changes that have been identified during the construction period. The corrections and upgrades are necessary to support sail-away and follow-on post-delivery test and trials period. The cost-plus contract modifications exercise options…
L-3 Chosen By Samsung
L-3 Communications' Aviation Recorders division has been selected by Samsung Heavy Industries as the exclusive source supplier of hardened voyage recorders (HVR) for new production ships manufactured by Samsung. The agreement also provides L-3 with the option to offer its HVR to Samsung for ship retrofit or modernization projects. The contract calls for L-3 to provide its 12-hour, solid state HVR and Audio Acquisition and Microphone Mixer (AAMM) for inclusion in Samsung's Voyage Date Recorder and NARU 2000 Integrated Navigation System. L-3's HVR records voice, radar, radio and shipboard performance data on a solid-state memory in a crash-protected capsule.
Hyundai Heavy Wins $600 Vitol Tanker Contract
The Korean shipbuilder Hyundai Heavy Industries (HHI) won a contract worth up to $600 million from Netherlands-based energy and commodities company Vitol to build as many as eight gas tankers, Reuters reported. HHI will construct two liquefied petroleum gas (LPG) tankers with a capacity of 84,000 cubic meters (3 million cubic feet) each. The ships are expected to be delivered in the first half of 2019. Under the deal, the energy company holds the option to order six more gas carriers.
Shipbuilding Firm to invest $100m in 2007 expansion
The town of Balamban in the Philippines is expected to grow further next year with the expansion of a large ship manufacturing company located in the municipality. In an interview, Aboitiz and Co. president and chief executive officer Jon Ramon Aboitiz said Tsuneishi Heavy Industries Inc. (THII) would invest some $100 million for the expansion of its shipbuilding capacity, which will begin next year. In a related development, AboitizLand chief executive officer Roberto Aboitiz clarified that the company’s plan to invest at the South Road Properties (SRP) is not yet in its final stage. But, if ever the Aboitizes decide to invest at the SRP, it would not duplicate the development at the Aboitiz-owned and managed Mactan Economic Zone (MEZ) 2.
Fujian Mawei Shipbuilding Bags Ocean Tankers Order for Six Vessels
Ocean Tankers, the provider oil tanker shipping and chartering services to oil companies and trading houses, has ordered six handy-sized tankers to be built at the Chinese shipbuilding facility Fujian Mawei Shipbuilding, said a report in Reuters. The report said that the Singapore based tanker company has placed the order for an undisclosed sum as the company renews and expands its fleet and ships are expected to be delivered by 2020. The order is for 23,500-deadweight tonne (dwt) tankers that can carry crude, clean or dirty oil products, to be delivered in stages by the end of the decade.
Ship System and Component Manufacturers Discuss Past and Future
The Congressional Shipbuilding Caucus (CSC) co-chaired by Representatives Gene Taylor (D-MS) and Jo Ann Davis (R-VA), met with ship component manufacturers on the impact that low rates of naval shipbuilding have had on their companies and the challenges confronting the ship manufacturing industrial base. The ship manufacturers that met with the Caucus included: Mr. Craig Hansen of BWXT/ Babcock and Wilcox in Mount Vernon, IN; Mr. Walter Herr of Fairbanks Morse Engine in Beloit, WI; Mr. Roy Arnold of IMECO, Inc. in Iron Mountain, MI; Mr. Michael Stobbart of Lister Chain and Forge, Inc. in Blaine, WA; and Mr. Terry Sterling of Nelson Stud Welding in Elyria, OH.
Navy Joint Hi-speed Vessel Keel Laying at Austal Shipyard
Ms. Virginia A. Kamsky, was chosen to sponsor the ship by Secretary of the Navy Ray Mabus, and was present at the keel laying ceremony for the fifth Joint High Speed Vessel 'Trenton' (JHSV 5), one of ten Austal-designed 103-meter U.S. Navy Joint High Speed Vessels under contract with the U.S. Navy. A traditional keel-laying ceremony marks the first significant milestone in the construction of the ship. Due to Austal’s modular approach to ship manufacturing, all 43 of the modules used to form this 103-meter aluminum catamaran design are already being assembled.
Austal Lays Keel of EPF 8 Yuma
Austal celebrated the keel-laying milestone for the Expeditionary Fast Transport vessel Yuma (EPF 8) here today with a ceremony marking a significant milestone in the ship’s construction. This ship is the eighth EPF built at Austal under the 10-ship, $1.6 billion block-buy contract awarded to Austal in 2008. Laying the keel is the formal recognition of the start of a ship's construction. The keel runs lengthwise down the middle of the ship serving as the basic foundation or spine of the structure, providing the major source of the hull’s strength.
Austal USA Wins Navy Deal
Austal USA won a construction contract by the U.S. Navy Friday to build an additional Independence-variant Littoral Combat Ship, its fifteenth ship in the class. The award of LCS 30 is a clear sign of the Navy’s confidence in Austal’s LCS program. The specific value of the contract is under the congressional cost cap of $584 million per ship. The littoral combat ship has been identified as a key component to the Navy’s ability to gain sea control through distributed lethality. Austal USA employs 4,000 people at its headquarters and ship manufacturing facility in Mobile, Ala., while its supplier network includes over 2,200 businesses across 43 states.
US Navy Orders 2 More EPF Ships from Austal
Austal USA said it was awarded a $326 million contract to built the 11th and 12th Expeditionary Fast Transport ships (EPF) for the U.S. Navy. This new contract adds upon a 2008 fully-funded EPF 10-ship block-buy agreement and brings Austal’s current build to a 12 ship program valued at $1.9 billion, and thereby extending the shipbuilder’s production under contract into 2022. Austal USA’s EPF program has seen seven ships delivered so far, with three more under construction at its headquarters and ship manufacturing facility in Mobile, Ala.
Pact Signed for Drydock Project
Ahmed bin Abdulnabi Macki, minister of finance and national economy and deputy chairman of the Financial Affairs and Energy Resources Council, signed on behalf of the Sultanate's government while Nam San-tae, Daewoo chief executive officer and president, signed on behalf of his company. As per the 10-year agreement, Daewoo Shipbuilding and Marine Engineering Co. Ltd, will provide administrative and technical support, transfer of modern technology used for ship repairing and maintenance of the dockyard project in Duqum. During its management of the project, the Korean company will prepare a work plan on marketing the services of the dry dock yard in Duqum to various international shipping companies…
USN Awards Austal Contract for LCS 26
The U.S. Navy has modified Austal USA’s Littoral Combat Ship (LCS) block-buy contract to include an eleventh ship, LCS 26, the Navy announced today. LCS 26 will be the 13th Independence-variant Littoral Combat Ship built by Austal. “The Austal LCS team has demonstrated exceptional work in providing an affordable sea frame that is not only capable of meeting the Navy’s needs of today but extremely capable of meeting future requirements,” Austal USA President Craig Perciavalle said.
Austal Bags Further $14 mln USN's LCS Contract
Austal USA was awarded a $14 million Littoral Combat Ship contract modification by the U.S. Navy to conduct special studies and analyses, the Navy announced this week. This is the second $14 million LCS modification contract for Austal USA this month. This award is an option exercised by the Navy to modify the original LCS 10-ship block-buy contract to allow for continued review of the program. “Our workforce is strong, the production line is hot, and our LCS program has a great deal of momentum right now,” said Austal USA President Craig Perciavalle.
Cruise Ship Repair & Conversion Orders for MHI
Mitsubishi Heavy Industries (MHI) gets orders to carry out repair & conversion of the liners 'Nippon Maru' & 'Fuji Maru'. MHI has received orders from Mitsui O.S.K. Passenger Line, Ltd. (MOPAS) and Nippon Charter Cruise, Ltd. (NCC) for repair and conversion work on the Nippon Maru and Fuji Maru, respectively. The work will be performed at MHI's Yokohama Dockyard & Machinery Works in Kanagawa Prefecture between mid-December and the end of January 2013. The repair and conversion work on the two ships will be carried out in line with the medium- to long-range maintenance plans of MOPAS and NCC…
Austal Bags Further $ 198 mln USN Contract
Austal USA has been awarded a contract for $51,684,797 to its 10-ship $3.5 billion Littoral Combat Ship (LCS) contract for the U.S. Navy. This contract modification is expected to increase to $198,385,545 over three years if options are exercised. This work includes design services for upgrades to the LCS and preliminary design for the U.S. Navy’s future Frigate. facility in Mobile, Ala. “This work lays a solid foundation for our growing support business and will continue to grow as these ships deliver and enter the fleet,” said Perciavalle.
Wartsila Receives Three New Orders
Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Wärtsilä will provide the engines and fixed pitch propellers (FPP) to Van Oord, the Netherland-based dredging and marine contractor. The equipment installation is for the "Artemis," the second of two large self propelled cutter suction dredgers being built for the company at the IHC Dredgers shipyard in Kinderdijk, the Netherlands. The equipment order for the first vessel, the "Athena," was placed earlier in 2008. Both vessels will be powered by three Wärtsilä 6L46F engines, and will feature Wärtsilä FPPs. The Artemis is due to be in operation by the second quarter 2013.
Austal Celebrates Keel Laying for U.S. Navy LCS
On June 25, 2013, Austal held a keel-laying ceremony for the fourth Independence-variant Littoral Combat Ship (LCS) – Montgomery (LCS 8). This is the second LCS of ten awarded by the Navy to Austal, as prime contractor, and the sixth keel laying ceremony celebrated by Austal, as prime, in less than three years. During that time Austal has grown tremendously, increasing by over 2,000 total employees, and doubling the size of the facility. Mary Blackshear Sessions, the ship’s sponsor, was present to weld her initials onto the keel plate as the Keel Authenticator.