Queen Elizabeth Welcomes UK’s New Aircraft Carrier
The U.K.’s newest aircraft carrier HMS Queen Elizabeth was commissioned into the Royal Navy fleet this morning by Her Majesty The Queen. Serving as the ship's Lady Sponsor, The Queen addressed guests before the ship's Commanding Officer, Captain Jerry Kyd, and read the commissioning warrant at a ceremony in Portsmouth Naval Base. The ceremony, attended by Her Royal Highness Princess Anne, Defense Secretary Gavin Williamson and military chiefs, marked the first time the Queen has visited the new warship since the formal naming ceremony in Rosyth in July 2014.
China Trims Appetite, but Coal Prices Unfazed
There are indications that China's appetite for imported coal may be starting to ease in line with Beijing's efforts to limit the use of the fuel over winter in a bid to lower air pollution. China's seaborne imports were 18.26 million tonnes in November, down from 20 million in October, according to vessel-tracking and port data compiled by Thomson Reuters Supply Chain and Commodity Forecasts. It's the fourth consecutive monthly decline for seaborne coal imports, according to the data, and it comes as the authorities impose productions cuts on coal-consuming industries such as steel.
RAscal 1600 Mooring Launch EIMEO
The Robert Allan designed RAscal 1600 mooring launch EIMEO has been completed by Cheoy Lee Shipyards in Hong Kong and is on its way to the east coast of Australia on a heavy lift ship. The launch was built for Half-Tide Marine of Mackay in Queensland, Australia who will employ it at the Dalrymple Bay Coal Terminal, south of Mackay. The terminal, one of the largest coal terminals the world, has a ship loading facility some three kilometres off the east coast suitable for up to four 200,000 dwt bulk carriers.
MHI to Reorganize its Shipbuilding Business
Mitsubishi Heavy Industries, Ltd. (MHI) announced it will establish two new wholly-owned companies in conjunction with reorganization of its shipbuilding business. Effective January 1, 2018, Mitsubishi Shipbuilding Co., Ltd. will primarily undertake construction of ships that require intensive outfitting, and Mitsubishi Heavy Industries Marine Structure Co., Ltd. will mainly engage in the manufacture of large ships and marine structures. Mitsubishi Shipbuilding Co., Ltd. will consolidate the current capabilities of MHI's various shipbuilding bases (Shimonoseki, Nagasaki, etc.) and function as a business company exclusively dedicated to shipbuilding. The new company will grow business in ships that require intensive outfitting: ferries, vessels used by governmental agencies, etc.
ClassNK Approves First Corrosion Resistant Steel
April 27 (Tokyo) - ClassNK announced today that it had issued the world’s first type approval for corrosion resistant steel to the new NSGP®-1 steel manufactured by Nippon Steel Corporation’s Oita Works . The approval certifies that the new steel, which has been specifically designed for application on the inner bottom of the cargo oil tanks of crude oil tanker, complies with the IMO’s new performance standard for corrosion resistant steels. New requirements for preventing corrosion…
Newbuild Chemical Tanker Employs Innovative Tank Design
The world's first chemical tanker to use a combination of duplex stainless steel and stainless clad steel in the construction of its cargo tanks was delivered to Oita-based Hiro Naviera S.A. November 15, 2014 by Usuki Shipyard Co., Ltd., Japanese classification society ClassNK reported. The 12,500MT chemical tanker Sunrise Hope, owned by Hiro Naviera S.A., will be operated by Nippon Marine Co., Ltd. The eco-ship design vessel is equipped with 14 cargo tanks, all which employ duplex stainless steel technology.
Kalmar Rolls Out New Range of Equipments
Kalmar, part of Cargotec, launches a new range of equipment designed to offer customers in the Asia-Pacific (APAC) region a value-based choice of the high quality, reliable equipment that Kalmar is known for. Based on Kalmar's proven G-generation platform, the Essential range includes reachstackers, empty container handlers and forklifts. In addition, Kalmar introduces a new TL2 terminal tractor for the APAC customers. The range will be introduced during the Kalmar Sales and Dealer Conference in Hong Kong on 28-29 November.
Tata Steel is crowning glory of HMS Queen Elizabeth
Today’s naming ceremony of the aircraft carrier HMS Queen Elizabeth marks a major milestone in Tata Steel’s 12-year involvement in the project. In that time the company has supplied 40,000 tonnes of steel and developed three entirely new grades of lighter and stronger steel specifically for the future flagship of the Royal Navy. Tata Steel will also supply steel for the second carrier, HMS Prince of Wales. The naming ceremony will come five years after the first steel was manufactured…
USS Fitzgerald Damaged by Transport Ship
U.S. Navy warship USS Fitzgerald, which suffered heavy damage and nearly sank off the coast of Japan after a fatal collision with a Philippine containership in June, has returned to Fleet Activities (FLEACT) Yokosuka to repair further damage received while aboard heavy lift transport vessel Transshelf. The Arleigh Burke-class guided missile destroyer USS Fitzgerald (DDG 62) suffered two punctures in her hull caused by the heavy lift vessel's steel support structure during on load at anchorage, the Navy said.
Ruukki Expands Range of Raex Wear-resistant Steels
Ruukki can now supply steels for all applications requiring wear-resistant special steels. Ruukki Raex special steel can withstand wear and surface pressure and the range has now been expanded to include the thicker wear-resistant steels needed, for example, in the mining industry, Raex said. Raex special steel is made in a range of thicknesses from two-80 mm. The new thicker Raex wear-resistant steels up to 80 mm can be used, among other things, to manufacture parts for heavy machinery and equipment designed for excavation, loading, transporting and crushing ore in mines.
POSCO to Reset Steel Prices
POSCO is rearranging its steel prices in response to fluctuating international prices and domestic demand. On May 1, the steel producer will lift prices of mini-mill products, stainless steel and cut steel plate prices. In a statement, the company said prices for mini-mill hot-rolled coil will rise by $21 per ton to $501 in the domestic market due to falling inventory levels but prices for steel plate and steel plates for shipbuilding will fall by $31 per ton to $661 and $623, respectively. Its move is affected by recent price cuts by Japanese steel makers. For orders made from May 3, the prices of 300 series hot-rolled and cold-rolled products will each rise by $213 to $2,581 and $2,869 per ton, it said.
POSCO to Up Ship Steel Output
POSCO plans to increase production facilities by 2009 to raise its annual production of steel for shipbuilding by 1.1 million tons to address a shortage in the domestic industry, the company said on July 5. POSCO’s annual production capacity of ship steel is projected to rise to 4.7 million tons in the next three years, compared with the current 3.6 million tons, the company said. The steel maker will invest $95.14 m to increase and revamp production facilities. It will also boost productivity of TMCP steel, which provides high strength and welds without heat treatment. South Korea currently imports 500,000 tons of TMCP steel a year, mainly from Japan. POSCO’s move is to relieve shortages in high-quality steel for shipbuilding, offshore platforms and plants.
Pakistani Ship breakers Lauds 15% Duty on Import
Welcoming the latest policy, Ship breakers in Pakistan defended the imposition of 15% Regulatory Duty (RD) on the import of all steel billets, steel bars and wire rods. Describing the step as much needed and timely, the Pakistan Ship-Breakers Association (PSBA) lauded the imposition of RD. "The Pakistan Ship breakers Association salutes the Government of Pakistan for this bold move which has helped save hundreds of thousands of jobs as well as the local steel industry," it said in a statement.
First Standards for Application of Corrosion Resistant Steels
ClassNK has developed and released the world’s first set of standards for the application of corrosion resistant steels to the cargo oil tanks of oil tankers. The new Guidelines on Corrosion Resistant Steel for COT are the first guidelines to lay out clear requirements for the application of the new steels, whose use was approved by the IMO’s Maritime Safety Committee (MSC) earlier this year. The growing volume of crude oil carried by the world’s tanker fleet has led to rising concerns over pollution of the marine environment, and the last decade has brought tremendous changes to the building and survey requirements for oil tankers.
ClassNK Issues New Welding Guidelines
Classification society ClassNK (Chairman and President: Noboru Ueda) announced that it has released new Guidelines on the Welding of Duplex Stainless Steels. The guidelines have been developed to help shipyards safely and effectively make use of new duplex steels that are increasingly being used in the construction of cargo tanks for chemical carriers. As part of its work to support the safe construction of ships, ClassNK has released the guidelines for free via its website. Duplex stainless steel has a two-phase microstructure containing grains of both ferritic and austenitic phase…
ClassNK Approves New Corrosion Resistant Steel
ClassNK has issued approval for Nippon Steel & Sumitomo Metal Corporation’s newly developed corrosion resistant steel (NSGP-2) for use on the upper deck and/or inner bottom of crude oil tanker cargo oil tanks (COT). Following earlier approvals of steels for the inner bottom plating of COTs, this marks the first time that approval has been granted for corrosion resistant steels for both the top and bottom parts of the COT, providing owners and shipyards with a practical alternative to coating systems. In order to reduce COT corrosion and improve crude oil tanker safety, new amendments to the SOLAS Convention were issued in May 2010 requiring oil tankers over 5…
Steel Prices Stay Firm
With global steel demand running at an unprecedented level, rapidly rising prices have been a constant headache for ship repairers, as well as ship builders, in recent months. And despite sharply higher steel output, there is little sign of any softening as the New Year dawns. According to the International Iron and Steel Institute (IISI), crude steel production for the 62 countries reporting their figures was 945m tonnes by the end of November, up 9% on the corresponding period one year earlier. Analysts were expecting total production to break through the billion tonne mark easily by the end of the year for the first time ever. IISI figures show that China accounted for the largest increase in output.
Report: Tariff Cost Ports Money, Jobs
According to reports, a 20-month tariff on imported steel resulted in a loss of 9.3m tons of the metal and more than 2,000 jobs at U.S. ports, according to a new report from a maritime economics consulting firm. The study by Martin Associates of Lancaster, Pa., commissioned by the American Institute for Imported Steel and the first to document the economic impact of the tariff, found that the trade restriction kept about 424,000 tons of steel and iron from going through U.S. ports in 2002 and 2003. The metals were instead shipped to other countries. The data will be used to oppose future tariff threats and to educate policymakers, said David Phelps, president of the AIIS.
Ship Loading Indiana Steel For Export to Spain
About 11,000 tons of Indiana-made steel will set sail for Spain. The Julietta arrived at the Port of Indiana-Burns Harbor and was being loaded with hot-rolled steel coils from Mittal Steel in East Chicago, Ind. This is the first export shipment of steel through the Port of Indiana since 2005. There were a few export steel shipments between 2003 and 2005 – just over 55,000 tons total. In 1995, the port handled an all-time high 243,000 tons of exported steel. The shipment is destined for Pasajes, Spain. Federal Marine Terminals, which serves as the port’s general cargo stevedore, will load the vessel today and tomorrow. Since the Port of Indiana also has year-round access to the inland river system…
Jeffersonville Port Sets Quarterly Shipping Record
The Port of Indiana-Jeffersonville recorded the highest quarterly shipments in its 30-year history during the first quarter of 2015. Cargo volume exceeded 800,000 tons, up 10 percent from the previous record set in the first quarter of 2014. First quarter volumes of grain remained steady while steel cargoes more than doubled and fertilizer shipments were up nearly 30 percent from the record year-ago quarter, including a 70 percent increase in potash used in fertilizers. "The strong start to 2015 is testimony to this port's connection to international markets and the diverse portfolio of companies which are leaders in their respective business categories," said Port Director Scott Stewart.
Tatas to Look at Shipbuilding
The Tata group is looking at the possibility of entering the shipbuilding business even as India looks to boost its shipbuilding capabilities to meet growing global demand for cargo carrying ships. The Tata group has shown interest in building a shipyard near Shivrajpur in Gujarat after the state government invited expressions of interest from private firms, according to a senior Gujarat government official. The group, which makes everything from salt to cars, is conducting a feasibility study on the project, said people familiar with the matter who did not wish to be identified. Tata Steel Ltd makes steel, a key input for constructing ships.
China Places Duties on Steel
It appears the battle over steel continues. In the wake of the U.S. lifting its own 20-month tarriff on steel imports late last year, China, the world's top steel importer, has reportedly placed a hefty import duties on high-grade metal used by the shipbuilding sectors, according to a Reuters report. The U.S. lifted its tarriff in the face of a potential trade war over the matter. China reportedly implemented the new tariffs after it concluded that there was dumping of cold-rolled steel by Russia, South Korea, Ukraine, Kazakhstan and Taiwan. South Korea's POSCO, the world's fourth-largest steel maker, will be exempted as Chinese authorities concluded it was not selling its cold-rolled products below market prices, Reuters reported.
U.S. Tariffs on Steel Imports Impacts Rautaruukki
Steel exports to the USA accounted for just over 2.5 per cent of Rautaruukki's turnover in 2001. The Group supplied a total of some 4.7 million tonnes of steel last year, and just over 80,000 tonnes of this went to the USA. The US decision to impose tariffs on steel imports will not therefore have a major direct impact on Rautaruukki's business operations. Rautaruukki has alternative plans for sales to compensate for the exports to the USA. It is thought that the impact of the US decision to impose import tariffs, which was widely anticipated by the steel markets, has already been passed on to steel prices, which are low, at the end of 2001 and the start of this year. For that reason the US decision is not expected to have any major impact on product prices in Europe.