Sumitomo Heavy Industries News

The wall climbing robot for steel structures - developed by Mitsui O.S.K. Lines, Sumitomo Heavy Industries, and MOL Ship Management  to support ship inspection and maintenance - has completed a demonstration test and earned the Nippon Kaiji Kyokai (ClassNK) Innovation Endorsement.The Innovation Endorsement is ClassNK's third-party certification program. It certifies and supports initiatives that contribute to the sustainable evolution of maritime and offshore businesses.The robot…

Sumitomo Heavy Industries Marine & Engineering (SHI-ME) selected SENSFIB Structural Health Monitoring for the third in a series of 115,000 DWT AFRAMAX crude oil tanker newbuilds for Greek ship management company Samos Steamship.The SENSFIB systems from Light Structures is already installed on the first two vessels in the series, both of which are due for delivery in Q2 2023 and Q3 2023.The SENSFIB system is designed to provide predictive and actionable real-time data on board…

Light Structures AS and Japanese shipbuilder Sumitomo Heavy Industries Marine & Engineering (SHI-ME) entered into an agreement for delivery of comprehensive hull stress and fatigue monitoring systems on two newbuild 115,000 DWT Aframax crude oil tankers due for delivery in Q2 2023 and Q3 2023.Hull stress monitoring is usually the preserve of larger ships and platforms, or very specialized vessels, but its deployment on Aframax vessels reflects a growing interest in long-term structural monitoring due to the safety and financial benefits it can enable…

Classification society ClassNK said it has issued an approval in principle (AIP) for the design of a methanol dual-fueled tanker developed by Sumitomo Heavy Industries Marine & Engineering Co., Ltd. The class society confirmed the design’s compliance with the International Maritime Organization's (IMO) “Interim Guidelines for the Safety of Ships using Methyl/Ethyl Alcohol as fuels” (MSC.1/Circ.1621) published in December 2020, and the “Guidelines for Ships Using Low-Flashpoint Fuels” published by the Society in 2019.Features of the design announced by Sumitomo Heavy Industries Marine Engineering are as follows: “In detail design, regarding methanol fuel, due consideration is required to properly reduce potential risk of fire and leakage by its low flash point and toxic.

Athens-based shipowner Performance Shipping said it reached a deal to purchase the Kalamas, a 105,400 dwt Aframax tanker built in 2011 by Sumitomo Heavy Industries Marine & Engineering Co. Ltd, Japan, from an unaffiliated third party seller for a total purchase price of $22 million. The vessel, the company’s fifth Aframax tanker, is expected to be delivered between November 15 and December 22, 2020, and will be renamed P. Yanbu.Upon delivery of the Kalamas, the cargo-carrying capacity of the company’s fleet will have increased by 23.9% to approximately 546,094 deadweight tons (dwt). The M/T Kalamas was built to high specification and has been retrofitted with a ballast water treatment system (BWTS), in compliance with the Ballast Water Management (BWM) Convention.

The Hong Kong and Vancouver-based shipowner Valles Steamship has ordered a new 112,000 dwt crude oil tanker from South Korea’s Sumitomo Heavy Industries Marine & Engineering (SHIME).Ship set to be fitted with a scrubber and will enter the market before the end of 2020, said a release from Valles, which was founded by C.S. Koo in Shanghai as a family business in 1917."We take great pleasure in concluding a newbuilding contract with the esteemed yard and the we look forward to further strengthening their relationship with SHIME," said the statement.The newbuild Aframax will join seven other Aframaxes in Valles Steamship’s fleet. Other ships operated by the company include Panamax bulkers and medium and long range product tankers.

Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture.N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. It will focus on generating commercial and technical management efficiency benefits for clients and owners by streamlining fleet operations and improving…

German shipowner Reederei Nord and Singapore-based ship manager Synergy Group, on behalf of Nissen Kaiun, have launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture (JV).The combined fleet currently pooled under N2Tankers consists of 13 state-of-the art Aframax tankers built to the highest standards over 2007-2018 in Japanese yards Universal Shipbuilding Corporation, Sumitomo Heavy Industries Marine & Engineering Co., Tsuneishi Holding Corporation, Sumitomo Heavy Industries, Ltd, and Tsuneishi Shipbuilding Co.According to a press statement, N2Tankers brings the shipowning and operational…

The U.S. Navy's only forward-deployed aircraft carrier USS Ronald Reagan (CVN 76), departed Commander, Fleet Activities Yokosuka (CFAY) May 7. Ronald Reagan's crew shifted colors at 11:54 a.m. and made way to conduct sea trials in the final phase of the ship's selective restricted availability (SRA) maintenance period, which began January 10. "I am extremely proud of the Reagan crew's accomplishments up to this point of our SRA period," said Capt. Buzz Donnelly, commanding officer.

RWO Marine Water Technology, a part of Veolia Water Solutions & Technologies, has received an order for three of its ballast water treatment systems CleanBallast from the Japanese shipyard Sumitomo Heavy Industries Marine & Engineering Co. Ltd. (SHI-ME). The shipyard located in Yokosuka, Japan, has built in excess of 1,300 ships. Specialising in medium-sized tankers with high added value SHI-ME has a reputation in the industry as one of the technology leaders. The ballast water…

According to a report from the Oil & Gas Journal, Itochu Corp. has won an order to supply four Aframax tankers to a subsidiary of Venezuela’s Petroleos de Venezuela SA (PDVSA) and has commissioned Sumitomo Heavy Industries to build the vessels. The ships will have a capacity of 104,300 dwt each and are scheduled for delivery in 2012. (Source: Oil & Gas Journal)

Tsakos Energy Navigation Limited (TEN) (NYSE: TNP) reported results (unaudited) for the second quarter and first half of 2010. Revenues, net of voyage expenses and commissions, were $83.3 million in the second quarter of 2010 compared to $88.6 million in the second quarter of 2009 primarily reflecting a slightly smaller fleet. Despite improved rates for crude carriers, the Company's product carriers achieved lower rates than in the second quarter of 2009, as did its LNG carrier. On average, TEN deployed 45.0 vessels versus 46.0 vessels in the prior year quarter. Fleet utilization remained high at 97.8%, the same level as in the second quarter of 2009. The average daily time charter equivalent rate per vessel was $22,059 down from $22,890 in the 2009 second quarter.

Tsakos Energy Navigation Limited announced the delivery and charter of the 105,000 dwt DNA-Aframax tanker Uraga Princess from Sumitomo Heavy Industries in Japan, the final newbuilding in a series of eight ordered in 2004. Upon delivery, the vessel entered a minimum 30-day repositioning voyage with the oil trading arm of a major financial institution.

Tsakos Energy Navigation Limited (NYSE: TNP) announced the delivery and charter of DNA-aframax tanker Sapporo Princess from Sumitomo Heavy Industries in Japan, the penultimate newbuilding in a series of eight ordered in 2004. The vessel was placed on an up to four month time-charter to a major international oil trader. The Sapporo Princess will replace the 2003-built conventional aframax tanker Marathon which will be delivered to its new owners at the end of next week. The $6.2m capital gain from this sale will be recorded in the second quarter of this year. Furthermore, the company announced the sale of the 1991-built panamax tanker Hesnes to an independent third party.

Tsakos Energy Navigation Limited (NYSE:TNP) announced the delivery and charter of DNA-aframax tanker Asahi Princess from Sumitomo Heavy Industries in Japan. The vessel was placed on a one-to-four month repositioning time-charter with a major international oil trader. Upon expiry of the charter, the vessel will be redelivered to its intended operating area, the mid-Atlantic basin. “We welcome the Asahi Princess into our fleet, the sixth DNA aframax tanker, in a series of eight that we signed with the Sumitomo yard in the summer of 2004,” said Mr. Nikolas P. Tsakos, President and CEO of TEN. “We are confident that this vessel, as is the case with its sister-ships, will play a major role in the cash flow generating ability of TEN for the years to come.

Tsakos Energy Navigation Limited (NYSE: TNP) reported results (unaudited) for the second quarter and first half of 2009. Revenues, net of voyage expenses and commissions, were $88.60 million in the second quarter of 2009 compared to $146.64 million in the comparable 2008 period reflecting the lower freight rate environment. TEN deployed on average 46.0 vessels versus 44.0 vessels in the prior year quarter. Fleet utilization remained high at 97.8% as compared with 97.4% in the second quarter of 2008. The average daily time charter equivalent rate per day, per vessel was $22,890 down from $39,512 in the 2008 quarter. Vessel operating costs were $8…

Tsakos Energy Navigation Limited (NYSE:TNP) announced the delivery of the double-hull DNA designed 105,000dwt Aframax tanker Ise Princess from Sumitomo Heavy Industries in Japan. The vessel is the fifth delivery in an eight vessel series. The company expects to take delivery of the remaining three vessels by May 2010. Ise Princess immediately commenced a repositioning time-charter for up to four months with a major international oil trader at a fixed rate. Upon conclusion of this charter, the vessel is expected to operate in the Mid-Atlantic basin. With the addition of this new time charter, TEN’s fixed employment for 2009 and 2010 is 64% and 44%, respectively.

Aveva (LSE:AVV), supplier of engineering IT systems for the plant and marine industries, announced that several Japanese shipbuilders -- Namura Shipbuilding, Universal Shipbuilding Corporation, Shin Kurushima Dockyard, Sumitomo Heavy Industries Marine & Engineering and Imabari Shipbuilding Group -- have signed contracts worth over $2.5m to extend their use of Aveva marine solutions. The contracts were made in the first half of Aveva’s financial year ending 30 September 2008. Aveva marine solutions were first used in Japan by Kawasaki Shipbuilding Corporation in 1994. Kawasaki has since expanded the use of Aveva marine solutions to its commercial and naval yards. To date, there are more than twenty Japanese customers who actively subscribe to Aveva’s shipbuilding solutions.

•    Voyage revenues of $158.83 million versus $122.55 million in Q3 2007. •    Net income of $40.98 million (no capital gain) compared to $18.20 million from operations ($50.00 million including $31.79 million from capital gains) in Q3 2007. •    Earnings per share (diluted) of $1.08 versus $0.48 ($1.31 including capital gains) in Q3 2007. •    Period-end fleet of 44 vessels, with over 4.7 million dwt, and an average age 6.1 years. •    Average TCE per vessel $33,732 per day versus $26,467 for Q3 2007, a 27.5% increase. •    Declaration of semi-annual dividend of $0.90 paid on October 30, 2008. •    TEN celebrated 15-years of profitable operations in the public markets. •    Voyage revenues of $466.99 million versus $369.66 million in the first nine months of 2007.

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According to wire reports, two workers were killed and two others injured earlier this week after falling about 65 ft. to the ground when a 246-ton steel block fell over on a ship under construction in Kure, Hiroshima Prefecture. The four were working on the construction of a 90,000-ton containership for a German client at a shipbuilding dock of IHI Marine United Inc., launched in 2002 via the partial merger of Ishikawajima-Harima Heavy Industries Co. and Sumitomo Heavy Industries Ltd. The accident took place shortly after 9 a.m., when they were trying to fix the steel block to the ship. The block -- 15 meters in height, 16 meters in width and 2.5 meters thick -- fell over the port side of the ship, throwing the four to the ground.

Wärtsilä Corporation has received a contract to supply the complete power systems for two 14,000 tdw product/chemical tankers under construction for the Finnish energy group Fortum. The two tankers have been contracted at the Portuguese shipbuilder Estaleiros Navais de Viana do Castelo, with delivery due in 2003. With a cargo capacity of 16,000 cu m, they are of 140 m length overall by 21.7 m breadth, and have a service speed of 16 knots. They are also being built to ice class 1A Super. Each Wärtsilä power system comprises a Wärtsilä 8L46 main engine, reduction gearbox with power take-off (PTO) drive, controllable-pitch propeller, and three generating sets, two driven by Wärtsilä 6L20 engines and one by a Wärtsilä 4L20 engine.

Wärtsilä Corporation has received a contract to supply the complete power systems for two 14,000 tdw product/chemical tankers under construction for the Finnish energy group Fortum. The two tankers have been contracted at the Portuguese shipbuilder Estaleiros Navais de Viana do Castelo, with delivery due in 2003. With a cargo capacity of 16,000 cu m, they are of 140 m length overall by 21.7 m breadth, and have a service speed of 16 knots. They are also being built to ice class 1A Super. propeller, and three generating sets, two driven by Wärtsilä 6L20 engines and one by a Wärtsilä 4L20 engine. power of 8400 kW each, the 8L46 main engines will be equipped with Direct Water Injection (DWI) for reduced NOx emissions.