Market in Focus: Containershipping
The only orders to be placed since the beginning of the year are from OOCL and Great Horse China for a combination of 7 ULCV’s ranging in size. This is a drop of 86% compared to this time last year and can only be due to the Covid-19 outbreak.As the global lockdown intensified through March, rates and values across all sizes fell. We have seen the larger 8,500 TEU tonnage earnings fall by c.40% since the start of the year which has bought values down a considerable amount. Container traffic out of the East picked up from the end of March as the situation in Asia…
Bulk Carriers Orders Down 30%
The number of Bulker orders were down 30% for 2020 YTD compared to the same period last year. From the 1st of January 2020 when the Chinese market and shipyards closed due to the pandemic, until today, we have only seen USD 1,037 mil spend in the Bulker NB market, down 35% for the same period in 2019. The Chinese government have now started up the economy again and most of the orders placed are by companies like China Development bank and Bank of Communications all being built…
Market Report: Tankers
Total number of Tanker orders are down by 26% for 2020 YTD compared to the same period in 2019. By comparing to 2018 YTD, this year there have been half the number of orders placed. This comes as no surprise as Europe and the US entered the lockdown phase of the pandemic earlier this year, only a month or so after the Chinese industry shut down. However, towards the end of May 2020 orders were placed for both VLCC’s and Suezmaxes by the Greeks, Norwegians and Angolans accounting for USD c.780 mil.The S&P market has also taken a hit so far this year with sales down 25% compared to 2019 YTD.
Interview: Steinar Nerbovik, President & CEO, Philly Shipyard
Philly Shipyard won a high-profile contract when TOTE Services awarded the deal to build up to five new ships, the National Security Multi-Mission Vessel (NSMV). We caught up with Steinar Nerbovik, President & CEO, Philly Shipyard for insights on the deal.While many companies globally fight to stay in business through the COVID-19 pandemic, Philly Shipyard received a huge deal late last month: the contract to build up to five NSMV ships, a contract that has been one of the most closely watched and hotly contested U.S. shipbuilding deals in recent memory.
AAL Kembla's Maiden Call at Hamburg Port
Port of Hamburg welcomed the ‘AAL Kembla’ on her first call in Germany’s largest universal port. She berthed at C. Steinweg’s multi-purpose Süd-West-Terminal.AAL Shipping is deploying the heavy-lift/project cargo ship on its new monthly liner service connecting ports in Europe, the Middle East, India and Asia. The service is overseen by AAL’s Hamburg office, opened in 2012, which also offers tailormade tramp chartering shipping to all regions in the world. Built in 2011, the ‘AAL Kembla’ is one of the carrier’s second generation A-class multi-purpose, heavy-lift vessels.
RINA Classes Prysmian Cable Layer
The recently named cable laying vessel Leonardo Da Vinci, set to join the fleet of energy and telecom cable systems company Prysmian Group in the second quarter of 2021, incorporates innovative features that required the new battery power class notation to be developed by classification society RINA.The new vessel is being built by Vard, a Fincantieri company, at one of its shipyards in Norway, with the hull being fabricated at Vard Tulcea in Romania. RINA has carried out a full…
Shipbuilding Interview: Ron Baczkowski, VT Halter
VT Halter in Pascagoula, MS has been on a strong run, capped by its winning the high-profile contract to build the U.S. Coast Guard’s next generation of icebreakers. Maritime Reporter recently spoke with Ron Baczkowski, President and CEO, VT Halter Marine, for insights on the shipyard’s recent success and future prospects. Globally, the shipbuilding industry has gone through some ‘interesting’ times of late. How has it looked from your perspective?The shipbuilding market and activity at VT Halter during the past 12 months has been dynamic.
Columbia Class Subs Take Shape in Virginia
A plasma-burning machine cut the first steel plate that will be used to build Columbia (SSBN 826), the lead ballistic missile submarine. As Newport News continues its digital transformation, the event also marked the first class of submarines that will be built using fully digital blueprints.“Today is a historic day,” said Jason Ward, Newport News’ vice president for Columbia-class construction. “It has been a half century since Newport News Shipbuilding has constructed a ballistic submarine.
RCI Cuts Steel on Fifth Oasis Class Ship
Royal Caribbean International (RCI) has celebrated the start of construction of its fifth Oasis class ship at the Chantiers de l’Atlantique shipyard in Saint-Nazaire, France."The first steel plate of a new Oasis-Class ship (hull 34) has been cut today at Chantiers de l’Atlantique machining workshop. This ceremony marks symbolically the start of the construction of the third Oasis-class built by the shipyard, after Harmony of the Seas and Symphony of the Seas respectively delivered in 2016 and 2018…
Damen: Construction of Shortsea LNG Bunker Vessel Underway
Steel cut for first short-sea LNG bunker vessel for Eesti Gaas at Damen Yichang Shipyard, China.On March 18, 2019, a ceremony was held at Damen Yichang Shipyard, China, to mark the start of cutting steel for the first of a planned series of short-sea LNG Bunker vessels to be built for Eesti Gaas of Estonia. The 6,000m³ capacity vessel and its future sister-ships are intended to accelerate the wider adoption of LNG as a cleaner alternative fuel in the north-eastern region of the Baltic Sea by providing a mobile and efficient ship-to-ship distribution service for the first time.Virgo Vinkel…
Huntington Ingalls Industries Authenticates Keel of Submarine Montana
Huntington Ingalls Industries’ Newport News Shipbuilding division has authenticated the keel of the 21st Virginia-class submarine, Montana (SSN 794). “This is an important day for us,” said Dave Bolcar, Newport News’ vice president of submarine construction. In keeping with a U.S. Navy tradition, former Secretary of the Interior Sally Jewell, the ship’s sponsor, chalked her initials onto a steel plate. Mariah Gladstone, a member of the Blackfeet Nation in Montana, performed a Native American blessing.
Keel Laid for Future USS Daniel Inouye
On Monday, May 14, shipbuilder General Dynamics Bath Iron Works held a keel laying ceremony for the U.S. Navy’s future USS Daniel Inouye (DDG 118). The $642.5 million Arleigh Burke-class destroyer DDG 118 has been under construction since October 2014 and is now over half completed. The 3,000-ton keel unit was moved onto the building ways from the Maine shipyard’s Ultra Hall earlier this year, signifying the start of hull integration and the precursor to integration, test and trials. The U.S. Navy named the ship in honor of Sen.
Inland Drydocks: Location, Location, Location
A recent dry dock rehab project in Chicago provides new options and money saving opportunities for inland and Great Lakes stakeholders alike.From software to steel plating, Indiana-based TPG Marine Enterprises provides a range of services in the Great Lakes and inland waterways markets. River based tug and barge services are based in Jeffersonville and Mt. Vernon, IN, on the Ohio River, as well as on Kentucky’s Green River. The company also owns TPG Chicago Dry Dock, located on the Calumet River.
US Lays Keel for 21st Littoral Combat Ship
The Lockheed Martin (LMT)-led industry team officially laid the keel for the U.S. Navy's 21st Littoral Combat Ship (LCS), the future USS Minneapolis-Saint Paul, in a ceremony held at Fincantieri Marinette Marine in Marinette, Wisc. Ship sponsor Jodi Greene authenticated the keel by welding her initials onto a steel plate that will be placed in the hull of the ship. "It is a tremendous honor to serve as the sponsor of the future USS Minneapolis-Saint Paul," Greene said. "I look forward to supporting the ship and its crew throughout the building process and the life of the ship.
Class of ’17 Graduates Ingalls Apprentice Program
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division hosted a ceremony on Saturday for 123 graduates of its apprentice program. The class of 2017 graduates represent several classes of shipyard trades. “You are each a vital member of the Ingalls Shipbuilding team that builds the most complex warships the world has ever known,” Ingalls Shipbuilding President Brian Cuccias told the graduates. “When you applied for this program, you were choosing to start down a path to becoming an Ingalls leader.
Huntington Ingalls Steel-Cut for Aircraft Carrier Enterprise
Huntington Ingalls Industries has cut a 35-ton steel plate at its Newport News Shipbuilding division to kick off advance construction of the aircraft carrier Enterprise (CVN 80). The steel plate will become part of the foundation of Enterprise, the ninth U.S. Navy ship to bear the legendary name. Ship’s sponsors and U.S. Olympic gold medalists Simone Biles and Katie Ledecky gave the order to cut the steel during a ceremony that marks the first construction milestone in the life of the ship. Other ceremony participants included Rep. Bobby Scott, D-Va.; Rear Adm. Brian K.
Earth, Wind & … Fire Protection
Three years ago coatings giant Jotun was buying up real estate for U.S. market access and location savings. The effort to get closer to its shipping and offshore customer base is still underway with research aimed at protecting client assets in frontier areas like the arctic. An R&D expansion at Flixborough in the U.K. and in the Arctic archipelago of Spitsbergen aims to make active the fire response of passive surface treatments. There’s a need to address fires in enclosed steel workplaces plus high-temperature hydrocarbon fires.
World’s First Ice-breaking LNG Carrier Christened
The world`s first icebreaking liquefied natural gas (LNG) carrier was named Christophe de Margerie in St. Petersburg, Russia. Russia’s President Vladimir Putin, South Korea’s Ambassador to Russia Park Dae-bong and Daewoo Shipbuilding & Marine Engineering Co. (DSME) CEO Jung Sung-leep attended the naming ceremony for the country’s new carrier. The ship will be deployed for Russia’s national Far East resource development in the Yamal Peninsula, in the western part of Siberia. The icebreaking LNG carrier, 299 meters long and 50 meters wide, can carry 173,600 cubic meters of LNG.
Steel Cut for World's First LNG Cruise Liner
German shipbuilder MEYER WERFT held a steel cutting ceremony on February 21 in Papenburg marking the ceremonial start of construction for the newest cruise liner for Rostock-based cruise company AIDA Cruises. The new cruise ship will be the world’s first capable of operating completely on liquefied natural gas (LNG). Felix Eichhorn, President of AIDA Cruises, pressed the start button of the computer-controlled cutting machine to commence work on the first steel plate for the next generation of AIDA cruise ships.
Ingalls authenticates keel of DDG 121
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division authenticated the keel of the guided missile destroyer Frank E. Petersen Jr. (DDG 121) today. The ship, named in honor of the U.S. Marine Corps’ first African-American general, will be the 33rd Arleigh Burke-class (DDG 51) destroyer Ingalls has built for the U.S. Navy. “DDGs are traditionally named after great men and women in the history of our Navy, and the namesake of DDG 121 is a true trailblazer and an American hero,” Ingalls Shipbuilding President Brian Cuccias said at a shipyard ceremony.
Bath Iron Works Lays Keel of DDG 1002
General Dynamics Bath Iron Works celebrated the keel laying of the third and final Zumwalt-class destroyer, future USS Lyndon B. Johnson (DDG 1002), on January 30. The U.S. Navy named the ship in honor of President Lyndon B. Johnson, the 36th president of the United States, credited with enacting major civil rights, education and public welfare legislation, including the Voting Rights Act and the creation of the Head Start Program and Medicare. President Johnson’s daughters, Lynda Johnson Robb and Luci Baines Johnson, are the ship sponsors. A special steel plate containing the initials of the sisters was prepared for the ceremony. Assisted by Timothy Trask, a 30-year Bath Iron Works welder, the sponsors authenticated the laying of the keel by striking welding arcs onto the steel plate.
Lloyd's Register Renews Ecospeed Certificate for Ice Ships
Classification society Lloyd’s Register has renewed its certification of the Ecospeed hard coating as an approved abrasion resistant hull protection system for vessels operating in Polar waters. Upon receiving the new Certificate, Subsea Industries’ CEO Boud Van Rompay said: “Lloyd’s Register’s renewal confirms the lasting durability and strength of Ecospeed and is indicative of the increasing confidence classification societies have in hard-type protective hull coatings. “The…
Trelleborg Bears Weight of Largest Ever Offshore Facility
Trelleborg’s engineered products operation has supplied a selection of bearing solutions for the world's first floating liquefied natural gas (FLNG) project – Shell’s Prelude FLNG. Trelleborg has manufactured and delivered 52 vertical elastomeric bearings and 156 horizontal bearings for use on the 13 modules onboard the facility, as well as 40 turret bogey bearings to enable natural movements of the turret. Responsible for procuring bearings for the topside modules, Byoung-Gark Park…