10,000 TEU Vessel Delivered to Seaspan
Seaspan Corporation said it has accepted delivery of the CMA CGM Cochin, a 10,000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years.The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. and Jiangsu New Yangzi Shipbuilding Co., Ltd., is the second in a series of four 10,000 TEU vessels under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.
ABS Classes Next Generation LNG Carrier
ABS has confirmed that the ABS-classed Diamond Gas Orchid, the world’s first "Sayaringo STaGE" next generation LNG carrier, has been delivered to Diamond LNG Shipping, a joint venture between Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK). Ordered by Diamond LNG Shipping through MI LNG Company, Ltd., constructed by Nagasaki-based Mitsubishi Heavy Industries Marine Structure Co., Ltd. and delivered by Mitsubishi Shipbuilding Co., Ltd., the innovative carrier introduces…
Klaveness Combination Carriers Orders Fifth Carrier
Norwegian shipping company Klaveness Combination Carriers (KCC) has declared an option for the construction of a combination carrier with Jiangsu New Yangzi Shipbuilding Co., Ltd in China. The delivery date is scheduled for second quarter 2020. KCC already has four sister vessels under construction at the same yard with delivery in 2018-2020. Following the declaration, the KCC fleet will grow to 14 vessels by 2020. The company holds options for further vessels. "Our fleet of combination carriers and container vessels set standards for efficient and environmentally friendly shipping.
MHI Holds Ceremony for Taiheiyo Ferry
Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening and launch ceremony yesterday for Taiheiyo Ferry Co., Ltd's "Kitakami". The vessel will replace the old Kitakami, one of three large ferries providing regular service between the ports of Nagoya, Sendai, and Tomakomai (Hokkaido). By eliminating the large shared cabin, the new ship-carrying on the Kitakami name-will ensure passenger privacy and offer enhanced comfort features.
Gunvor, Oceangold and Maas Capital Form Tanker JV
A new ship holding company has been formed through a joint venture agreement between physical energy trader Gunvor Group, ship management company Oceangold Tankers and investor Maas Capital.The three partners hold an equal share in the new company, ClearOcean Tankers, which has been incorporated in Cyprus.The new joint venture company has entered into shipbuilding contracts for six vessels from South Korean shipyards, including four MR2 product tankers from STX Offshore & Shipbuilding Co. and two LR2 product tankers from Daehan Shipbuilding Co.
Star Bulk Carriers Acquires Songa Bulk Fleet
Greece-based dry bulk shipping firm Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels in two all-share transactions. 15 of the vessels will be acquired from Songa Bulk and three of the vessels will be acquired from Oceanbulk Container Carriers. The consideration for the vessels was determined based on average vessel valuations by independent vessel appraisers. The Company has agreed to issue an aggregate of 13.725 million common and pay $145 million in cash for the acquisition of all of Songa’s 15 modern dry bulk vessels .
Fourth CMA CGM Vessel Handed Over to Seaspan
Seaspan Corporation announced that it has accepted delivery of the CMA CGM Chennai, a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. and Jiangsu New Yangzi Shipbuilding Co., Ltd., is the fourth in a series of four 10000 TEU vessels under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.
Yangzijiang Shipbuilding, Mitsui in Shipbuilding JV
A Japanese and a Chinese shipbuilding group have today signed a joint venture, set to start in April 2019, to build and sell merchant ships. Mitsui E&S Shipbuilding Co., Ltd. (Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. (Head Office: Jiangsu Province, Chairman: Ren Yuanlin) and Mitsui & Co., Ltd. (Head Office: Tokyo, President and CEO: Tatsuo Yasunaga), has entered into a shareholders' agreement to establish…
MOL Truth Earned 'Ship of the Year 2017'
Mitsui O.S.K. Lines (MOL) announced that 20,000 TEU containership, MOL Truth(Note), one of the world's largest containerships, has received the "Ship of the Year 2017" award from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). The award is given for the highest levels of technology, design, and social responsibility among vessels made in Japan by JASNAOE. The MOL Truth earned high evaluations as a cutting-edge "eco ship" that not only exemplifies MOL's safe operation and environmental conservation policies…
MES-S Delivers 66,000 DWT Bulk Carrier
Japanese shipbuilder MITSUI E & S SHIPBUILDING CO., LTD. (MES-S) said it has completed and delivered a 66,000 dwt bulk carrier M.V. Kedros at its Tamano Shipyard on June, 14, for KEDROS NAVIGATION SA, Liberia.The vessel is the 17th ship of the builder's wide beam neo66BC series.The vessel is equipped with four cranes and has five cargo holds with total capacity for more than 82,800 cubic meters for loading cargoes such as coal, ore, grain, as well as lengthy/heavy cargo like steel pipe and hot coil. The size of hatch opening is the largest for this type of vessel in terms of both length and width, MES-S said.The ship's main engine, a MITSUI-MAN B&W 7S50ME-B9.3 diesel engine…
International Seaways Completes Acquisition of Six Euronav VLCCs
US-based tanker shipping company International Seaways (INSW) has completed the acquisition of six 300,000 dwt very large crude carriers (VLCCs) from Euronav NV. The tanker company providing energy transportation services for crude oil, petroleum products and liquefied natural gas announced in a press release that it has completed its previously announced acquisition of six 300,000 DWT VLCCs for a purchase price of $434 million, inclusive of assumed debt, from Euronav. The six vessels have an average age of two years and include five 2016-built VLCCs and one 2015-built VLCC…
New Coal Carrier Ordered in Japan
A new vessel has been ordered from Japanes shipyard Oshima Shipbuilding Co. Ltd. for delivey in 2021. The 98,500 dwt ship will mainly be used for transporting coal from locations outside Japan to the city of Kobe.NYK, together with Asahi Shipping Co. Ltd., said it has signed a long-term contract with Kobe Steel Ltd. for the transport of coal for up to 20 years aboard a newly built ship.This vessel will be equipped with a diesel engine compliant with a more stringent environmental regulation limiting nitrogen oxide (NOx) emissions — i.e., the Tier III limits in the International Convention for the Prevention of Pollution from Ships (MARPOL) that require a reduction in NOx emissions by 80 percent compared to 2000 levels.Deadweight tonnage: about 98…
Mitsubishi Shipbuilding Holds Christening for Next-Gen LNG Carrier
Mitsubishi Shipbuilding held the christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line). The ship, named "Diamond Gas Rose", is the second "Sayaringo STaGE" type vessel, Mitsubishi Shipbuilding's newest carrier that achieves significant improvements in both LNG carrying capacity and fuel performance through adoption of a more efficient hull structure and an innovative hybrid propulsion system.
VSAT Connectivity for Briese Schiffahrts Fleet Expansion
Globecomm has supplied its global Ku-band VSAT service to specialist shipowner and manager Briese Schiffahrts in support of its fleet growth plans.Long-time Globecomm customer Briese is undertaking a program of fleet renewal, constructing a series of eight ‘Open Top Eco 5000’ multi-purpose vessels, designed to consume 30 percent less fuel but with increased crane and cargo capacity.The first of four ships was christened in mid-April 2018 at Zhejiang Zengzhou Shipbuilding Co with three more of the 90-meter long…
New Wood Chip Carrier Delivered in Japan
A new wood chip carrier was delivered for Hokuetsu Corporation on September 11 at Oshima Shipbuilding Co. Ltd. in Saikai city, Nagasaki, Japan, and a naming and delivery ceremony was held on the same day. NYK and Hokuetsu have a long-term contract for this vessel.According to NYK, the new vessel uses about 15 percent less fuel compared to conventional wood chip carriers.The ship was named Snow Camellia after the prefectural tree of Niigata, the location of the Hokuetsu paper mill receiving the wood chips.Length Overall: 209.96 metersBreadth: 37 metersDeadweight Tonnage: 60…
ONE Accepts Delivery of 14,000 TEU Box Ship
Singapore headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) has taken delivery of a new 14,000 TEU-class containership from Japanese shipbuilder Imabari Shipbuilding Co., Ltd, on July 24, 2018.The new ultra-large containership, One Minato, was built at Imabari’s Hiroshima yard and joins the ONE fleet under sublet from Kawasaki Kisen Kaisha, Ltd.
MES-S Delivers 66,000 DWT Bulker New Champ
MITSUI E & S SHIPBUILDING CO., LTD. (MES-S) completed and delivered a 66,000 dwt type bulk carrier M.V. New Champ (Hull No.1944) at its Tamano Shipyard on October 3, 2018 to New Champ Shipping Co., Ltd.This is the 18th ship of the builder's neo66BC, the wide beam shallow draft vessel of its neo series line-up.Principal ParticularsLength overall: 199.99mBreadth (molded): 36mDepth (molded): 18.45mGross Tonnage: 38,238Deadweight: 66,529 metric tonsMain Engine: MITSUI-MAN B&W 7S50ME-B9.3 Diesel Engine x1setService Speed: abt. 14.5 knotsComplement: 24 personsClassification Society: NKFlag: Liberia
Yang Ming Launches New Container Vessel, 'YM Wellbeing'
YM Wellbeing, a new 14,000 TEU full-container vessel built by Imabari Shipbuilding Co., Ltd., was named at a ceremony held on 18th September, 2018.Yang Ming Marine Transport Corp. (Yang Ming) Chairman Bronson Hsieh and his wife Chen Hui-Li were both invited to the naming ceremony; Mrs. Hsieh took on the role as the Lady Sponsor to officiate the naming of the new ship at Imabari Hiroshima Shipyard.YM Wellbeing, constructed by Imabari Shipbuilding Co., Ltd., is the first of five 14,000 TEU full-container vessels Yang Ming chartered from Shoei Kisen Kaisha, Ltd..
NASSCO Awarded Long Lead Contract for ESB 6
San Diego shipbuilder General Dynamics National Steel and Shipbuilding Co. (NASSCO) has been awarded a $136.8 million undefinitized contract for the procurement of long lead time material, preproduction and engineering support for the Expeditionary Sea Base 6.This action allows the procurement of ship sets of the purchase specifications supporting integrated propulsion, main diesel generator engines, propeller and shafting, integrated bridge electronics, centrifugal pumps, fuel and lube oil purifiers and steering gear components.NASSCO delivered the fourth expeditionary sea base vessel…
NYK Names New Ship 'Pirika Moshiri Maru'
A new ship that NYK will own and operate to transport coal for Hokkaido Electric Power Co. Inc. has been named "Pirika Moshiri Maru." Honoring the history and culture of Hokkaido’s indigenous Ainu inhabitants, the name of the new ship is derived from the Ainu words "pirika,” meaning beautiful, and "moshiri,” meaning earth.After construction at Oshima Shipbuilding Co. Ltd. is completed in January 2019, the ship will be assigned to transport coal from Australia and other countries to the Tomato-Atsuma Coal Power Station…
One Minato Shines Through Port of Yantian
Ocean Network Express East Asia (ONE EA) has celebrated the maiden voyage of the second of a series of seven 14,000 TEU-class magenta containership of the company, ONE MINATO at Yantian International Container Terminals Limited (YICT).Sailed under the flag of Japan, One Minato is a newly built 14,000 TEU-class containership which was delivered from Imabari Shipbuilding Co., Ltd. in Hiroshima, Japan on 24 July 2018.At 365.94 metres length and 51.2 metres width, the vessel deployed on THE Alliance’s Asia to North America East Coast trade (EC4 service)…
Klaveness Combination Carriers Seeks Fund for CLEANBU Vessels
Norwegian shipping company Klaveness Combination Carriers AS holds several attractive growth options and is now launching a contemplated private placement of shares with total gross proceeds of approximately USD 45-70 million.The owner and operator of modern combination carriers said that current investors, management and previous CABU investors will subscribe for USD 25 million.Klaveness Combination Carriers AS (KCC), with its nine CABU vessels in operation and five CLEANBU vessels on order, is the leading owner and operator of modern combination carriers.
LR Grants AiP for Dual-fuel Bulker Design
Lloyd's Register presented Approval in Principle (AiP) to Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) for its liquefied natural gas (LNG) dual-fueled Newcastlemax 210,000 DWT bulk carrier design during a ceremony this week at the Posidonia 2018 trade show in Greece.SWS and LR have agreed to jointly develop the bulk carrier design, which is based on an existing conventional bulk carrier design and updated to incorporate LNG propulsion.LR provided assistance and support, in terms of the LNG fuel system application and verifying the design against the IGF code…