US Boatbuilding: Exports Buoy Bottom Lines
Market conditions dampen some future prospects, but domestic yards have proven that they can compete overseas, and will do so again when the time is right. These are ‘interesting’ times for U.S. shipbuilders. The tail end of one of the biggest boom cycles seen in the last 50 years also finds some builders at the pointy end of once-fat backorder books and searching for new sources of business. This point in the cycle, however, also provides ample proof that U.S. yards can do more than produce expensive blue water Jones Act hulls for the domestic markets.
Kawasaki May Quit Shipbuilding
Japan's Kawasaki Heavy Industries said it would consider a drastic revision of its shipbuilding, and has even indicated that it may pull out of its shipbuilding business due to its worsening profitability, reports Reuters. Kawasaki Shipbuilding revised its profit outlook lower for the business year ending next March, citing a stronger yen against the dollar and a decline in operating profitability from the shipbuilding business. The company said it would consider what to do with…
New LNG Carrier Delivered to MISC Berhad
MISC Berhad (MISC) held the naming and delivery ceremony of its new LNG carrier, Seri Camellia. The 150,200 cu. m. Liquefied Natural Gas (LNG) carrier is the first in a series of five MOSS-Type LNG carriers ordered from Hyundai Heavy Industries Co., Ltd. (HHI) by MISC. Upon their delivery, these new LNG Carriers will be chartered to PETRONAS for the next 15 years. The naming ceremony was graced by the presence of Y. Bhg. Tan Sri Sidek Hassan, Chairman of PETRONAS and was officiated by his wife and the vessel’s Lady Sponsor, Y. Bhg.
MarAd Stresses Economic Impact of Shipyard Jobs in NE
In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the northeast region. “American shipyards provide a dependable, highly trained workforce that produce, repair and maintain some of the world’s most modern and innovative vessels. Their efforts ensure our…
Germany's DST Bags IWAI Contract for Designing Special Vessels
With its objective of providing safe, environment friendly and economical mode of transportation through National Waterway-1 (NW-1), the Inland Waterways Authority of India (IWAI),Ministry of Shipping signed a contract with DST, Germany to design vessels, especially suited to navigate the 1620 km stretch of NW-1. Speaking on the occasion a senior IWAI official said it is a revolutionary step and a milestone in the journey of NW-1. “The objective of IWAI is to go along with nature and disturb the river minimally.
Shipbuilding Consolidation: Luerssen Acquires Blohm+Voss GmbH
Family owned and Bremen based shipyard, Luerssen acquired storied shipyard Blohm+Voss in Hamburg, the company announced on Wednesday, September 28, 2016. With the acquisition of Blohm+Voss, Luerssen said it is entering into a long-term relationship to strengthen its portfolio in the repair and refit activities for yachts, naval and commercial ships as well as enhancing its naval new build activities within their corporation. The contract between Luerssen and the funds of British private equity investor…
SENER Unveils FORAN V80R2.0
The SENER engineering and technology group has taken part in the SMM Hamburg maritime trade fair, one of the most prestigious international meetings in the sector, which is held every two years, on this occasion from September 5 to 9. SENER, staying loyal to a tradition of over 20 years, attended with its own stand inside the Spanish Pavilion, in which it presented the stand-out features of the latest version of FORAN V80, the CAD/CAM/CAE system for the design and production of vessels.
Shipbuilder Sustainability Knowledge Base presented to Dutch Govt.
The Shipbuilder Sustainability Knowledge Base has been presented on sustainability day (10-10) to Salima Belha (member of the Dutch parliament) and Brigit Gijsbers (director of maritime affaires at Ministry of Infrastructure and the Environment). The Dutch trade association Netherlands Maritime Technology (NMT) collected over 175 sustainable maritime solutions and selected 10 examples to spotlight in a sustainability maritime brochure. Among this 10 highlighted examples the Shipbuilder Sustainability Knowledge Base can be found.
BSM Appoints Two Managing Directors
Shipmanagement company, Bernhard Schulte Shipmanagement (BSM) has announced the appointment of two new Managing Directors: Neil McNeil will head BSM British Isles based in the Isle of Man, and Mingfa Liu will be his BSM China counterpart in Shanghai. Prior to joining BSM, McNeil was Regional Fleet Manager (Americas) for BP Shipping and latterly Managing Director at V Ships USA. McNeil also spent 13 years at sea with Denholm Ship Management and BP Shipping on a variety of vessels rising to Chief Officer.
HII Employees Honored for STEM Achievements
Huntington Ingalls Industries (HII) announced that 20 employees from the company’s Newport News and Ingalls shipbuilding divisions were recognized for achievements in science, technology, engineering and math (STEM) during the 21st annual Women of Color STEM Conference. Huntington Ingalls Industries was among the corporate sponsors that supported this year’s event, which was held October 13-15 in Detroit. Vannia Willis, an 18-year engineering veteran at Newport News, was presented a Community Service Award…
Vard Extends SCHOTTEL Propulsion Order
Having already secured the contract in early summer to fit 15 Vard design 9 21 module carriers, propulsion specialist SCHOTTEL has now also received a follow-up order to fit three further Vard design 9 28 vessels with 12 main and auxiliary units. The Norwegian Vard Group is building the first-mentioned 15 vessels for Topaz Energy and Marine, UAE, and the later three for KMTF, the National Maritime Republic of Kazakhstan. A total of 36 special variant SRP 340 Rudderpropellers (formerly SRP 1012) were ordered as the main propulsion units for all 18 carriers.
SENER to Unveil the new FORAN
The SENER engineering and technology group is pushing FORAN into the future to ensure that it will continue to provide optimal information management. It is also forging ahead with virtual access to the system using smart devices. The company will take part in SORTA, the 22nd Symposium on Theory and Practice of Shipbuilding, which will be held on October 6–8, 2016 in Seget Donji, a city close to Trogir, Croatia. The event, named after the renowned professor Leopold Sorta, is organized…
SOFEL Earns API-2C Monogram Certificate
TRIYARDS Holdings Limited announced today that its Vietnam facility, Saigon Offshore Fabrication and Engineering Ltd (SOFEL) has been granted the API-2C Monogram Certificate, becoming first such facility in Vietnam to receive the API-2C Monogram Certificate. SOFEL was established in 2009 as TRIYARDS’ vessel construction arm. The 134,0002m facility in Vung Tau, Vietnam currently extends over a 347m-long water frontage, an undercover workshop and an industrial activities yard. API grants the API-2C Monogram Certificate to crane manufacturers that meet a set of specified production criteria.
Royal IHC Names Vergunst CFO
Royal IHC has appointed Arie Vergunst as Chief Financial Officer as of October 1, 2016. Vergunst succeeds Dave Vander Heyde, who became CEO on September 1, 2016. Vergunst has worked at IHC since June 2007 in several financial positions, both at holding level as well as in the business.
LR to class Federal German Seagoing Fleet
The WSV (Federal Waterways and Shipping Administration) represented by the Waterways and Shipping Agency (WSA) Bremen, a branch of the German government, is transferring 67 ships into Lloyd’s Register (LR) class to support the seagoing fleet of vessels owned by the German Authorities. Following a successful tender for vessels under the departments of the Local Offices for Waterways and Shipping along the German Coast, the Federal Maritime and Hydrographic Agency, Federal Police and the Federal Customs…
Damen Repeats Multiple Vessel Transport Strategy
Just down river from Damen Song Cam Shipyard, SAL Heavy Lift’s MV Svenja departed from Halong Bay loaded with 14 vessels. The shipment consists primarily of built-for-stock vessels – Stan Pontoons and Tugs – which will be available for immediate purchase on arrival in Rotterdam in October. MV Svenja’s voyage began in Shanghai on August 30th when she started loading eight Stan Pontoons that were built at Damen Yichang Shipyard, China. This first load includes Stan Pontoons 4113, 4111, 4512, 5211 and 6316.
SHIPLYS to Advance Ship Design, Production Process
The European Commission has granted 6.2 Million Euros ($6.9mln) for a new research project called SHIPLYS (Ship Lifecycle Software Solutions). The project gathers a team of 12 leading maritime companies and research facilities from several European countries in order to develop simulation and modelling tools that will minimise the time and costs involved in ship design and production. Calculation and modelling tools currently used to overcome these needs are difficult to use and time consuming, especially for SMEs.
Carnival Signs MOA for First New Cruise Ships Built in China
Carnival Corporation & plc has announced that its cruise joint venture in China has signed a non-binding memorandum of agreement (MOA) to order the industry’s first new cruise ships built in China for the Chinese market. The MOA is subject to several conditions including closing of the joint venture, financing and other key terms. As part of the new MOA, Carnival Corporation’s cruise joint venture in China agreed to order two new cruise ships to be built by a newly formed China-based shipbuilding joint venture between China’s largest shipbuilder…
Indian Oil Giant May Scrap LNG Vessel Tender
GAIL India, largest state-owned natural gas processing and distribution company in India, will likely scrap the tender for hiring LNG ships after failing to negotiate acceptable terms with bidders in what would hurt India's ambition to build high-tech LNG carriers at home under the Make in India programme, reports the Economic Times. The oil marketing giant had issued a tender last September seeking to charter at least 9 LNG vessels to bring home from the US up to 5.8 million tonne of gas annually from early 2018.
Vard Design for USCG OPC Program
Vard Holdings Limited said a design developed by its subsidiary Vard Marine was selected for the U.S. Coast Guard’s new Offshore Patrol Cutter (OPC) program. Eastern Shipbuilding Group and team partners were selected for the detailed design and construction phase for the U.S. Coast Guard’s Offshore Patrol Cutter (OPC) program. Based in Canada and the US, Vard Marine offers ship design, engineering, and shipbuilding technology services to the marine community in North America and to selected international markets.
U.S. Coast Guard Awards ESG with Phase II OPC Contract
The U.S. Coast Guard awarded a contract to Eastern Shipbuilding Group, Inc., of Panama City, Florida, Thursday for the production of the lead Offshore Patrol Cutter (OPC) and up to eight follow-on cutters. The total award was valued at $110.29 million. The contract has a potential value of $2.38 billion with options to produce nine cutters. The OPC acquisition will replace the service’s aging fleet of medium endurance cutters, some that are in excess of 50 years old. Each OPC will feature a flight deck and advanced command…
Cochin Shipyard Gears Up for IPO
India’s biggest shipbuilder under state control, Cochin Shipyard Ltd (CSL) is looking to file documents for its initial public offering (IPO) with the markets regulator by the end of this month, reports Live Mint. According to sources, CSL is all set to file documents for its IPO of Rs 600 crores ($90 million) with the Securities and Exchange Board of India (SEBI). The plan is part of its effort to expand and construct larger vessels and also undertake ship repair and fabrication. In addition, the government will sell 10% of its stake through the IPO.
Newbuild Contracts at Lowest Level in 20 Years -BIMCO
Shipyards have become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the record for the lowest newbuilding contracts in more than 20 years, according to international shipping association Baltic and International Maritime Council (BIMCO). After a decline from 2010 to 2012, shipbuilding had a rebound in 2013 and was expected to level out over the next few years. The reality was a slight decline in 2014 and 2015, but still high levels of contracting measured by compensated gross tonnage (CGT).
Horizon Named an Alabama Top Innovator
Horizon Shipbuilding, Inc. of Bayou La Batre, Ala. has been recognized for its Outstanding Achievement in Innovative Manufacturing by the Economic Development Partnership of Alabama for the shipbuilder’s GORDHEAD management software, which aims to improve communication between shipbuilders and other manufacturers. With GORDHEAD the owner’s representative remains integrally connected to the project 24 hours/day, seven days/week. The entire shipbuilding team, including the owner, sees a real-time schedule, complete with task percent completes and the overall scheduled finish date of the project.
Ingalls Names Nastasi Director of Communications
Kimberly Nastasi has been named director of communications at Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division. She will report to Jim McIngvale, who was recently named director of communications and public affairs. Prior to joining Ingalls, Nastasi served as the chief executive officer of the Mississippi Gulf Coast Chamber of Commerce and the executive director for the Mississippi Gulf Coast Chamber of Commerce Foundation. She also served as an adjunct professor at the Mississippi Gulf Coast Community College for eight years.
Seaspan Hosts Atlantic Canada Industry Day
More than 100 people representing over 70 companies attended Seaspan Shipyards’ second annual Atlantic Canada Industry Day hosted in Halifax today. During the session, attendees received an update on Seaspan’s progress on its National Shipbuilding Strategy (NSS) Non-Combat package of vessels and associated supply chain opportunities. “Through the National Shipbuilding Strategy, Seaspan has embarked on many years of sustained shipbuilding on the West Coast that is already delivering results to Canada…
Marco Polo Appoints Adviser for Business Review
Singapore's Marco Polo Marine Ltd, whose business includes building and chartering ships, said it has appointed KPMG Services as an adviser to conduct an independent business review of the company. The company, which has S$50 million ($37.19 million) worth of notes maturing on Oct. 18, said it would hold an informal meeting with holders of the notes on Sept. 13 to present KPMG's review and discuss various options in connection with the notes. Marco Polo is one of several companies in Singapore's offshore and marine sector whose financial results have been hit by the slump in oil prices.
New Deck Carrier Joins United Heavy Lift Fleet
J.M. J.M. Baxi Group, a 100-year-old group of companies specializing in maritime logistics and port infrastructure, has commissioned United Heavy Lift for the commercial management of its newly constructed deck carrier, the MV Vir Varenya. The heavy-lift module carrier has now been added to the charter fleet of United Heavy Lift, and is managed globally from the company's head office in Hamburg. United Heavy Lift, which specializes in project transportation and the commercial management of heavy cargo vessels…
Japanese Yards Mull Shipbuilding Alliance
Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump. Mitsubishi Heavy Industries, Ltd. (MHI) announced in a press release today that it has entered talks with Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. “The move toward forming these alliances targets the integration of MHI's strengths in shipbuilding technology and engineering with the three prospective partners' manufacturing capabilities and cost competitiveness,” MHI said.
Five Vessels Delivered for Qatar’s New Port Project
Nakilat Damen Shipyards Qatar (NDSQ) has delivered five vessels as part of an 11-vessel order for New Port Project (NPP). Built entirely at the Erhama Bin Jaber Al Jalahma Shipyard in Ras Laffan Industrial City, the vessels were launched and delivered to NPP after successful completion of their sea trials. Measuring 15.4 meters long with a beam of 5 meters and a speed of 25 knots, the two Damen Stan Pilot 1505 pilot boats Um Alhoul 1 and Um Alhoul 2 will be used to carry out pilot duties and the transportation of personnel.
BG Freight Line Orders Four Containerships
BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services. The new class of ‘green’ vessels has been developed by BG Freight Line operation with ARKON Shipping as project initiator/commercial manager, technical managers Jüngerhans Maritime Services and designers CIMC ORIC. BG Freight Line will take delivery of four sister vessels under long-term charter after delivery from China’s Zhoushan Changhong International Shipyard, with them expected to enter service during 2018.
Austal JV Wins First Ferry Contract
Aulong Shipbuilding, a joint venture company formed by Austal Limited and Guandong Jianglong Shipbuilding of Zhuhai, China, has won the first ferry contract to build a 42 metre high speed aluminium ferry for Chinese mainland operator Blue Sea Jet. Less than two months after the announcement of the joint venture, Aulong Shipbuilding has been awarded a A$10 million (RMB49.99 million) contract to design and build the ferry. The contract was awarded following a competitive evaluation based on product performance, price and commercial terms.
Berth and Billions: Cruise Business Powers European Yards
In a historically weak contracting environment the cruise sector has seen a strong level of newbuild ordering and investment in the year to date, says a research report by Clarkson. Cruise lines have continued to expand their fleets, with new markets such as China in their sights. While a number of yards have benefitted from this firm level of newbuilding activity, they have all been European and the region remains dominant in the cruise sector. In the first seven months of 2016…
Heesen New Yachts for Sale, Delivering March 2017
Heesen Yachts from Dutch shipyard are for Sale. The two boats are currently in-built on spec and delivering in March 2017. Undoubtedly these highest quality new construction vessels are available in the shortest time frame on the market today. Similarly boats represent projects can be started immediately based upon build-spot availability. Delivery times range from 30—42 months from contract signing. New 47 meter (154.2’) steel displacement with Bannenberg and Rowell interior design, sistership to LADY PETRA and ELENA.