Evergreen Orders Ten Ships
Taiwanese shipping line Evergreen has confirmed its plans to build a total of ten 23,000 TEU containerships.According to a stock exchange filing, the new vessels would be built at three shipyards in South Korea and China.According to the reports from the South China Morning Post, the enormous order will cost Evergreen anywhere between US$1.4 billion and US$1.6 billion. It is estimated that each vessel will cost between $140 million and $160 million.The new vessels could see Evergreen become the sixth biggest carrier line in the world…
LNG Carriers to 'Sail on Air'
Silverstream Technologies, an air lubrication manufacturer for the shipping industry, signed a Memorandum of Understanding (MoU) with Hudong-Zhonghua, part of the CSSC Group, which will see the Silverstream System integrated into Hudong-Zhonghua’s new building designs for its future LNG carriers in order to increase operational and fuel efficiencies.The system is said to help reduce fuel costs and emissions by between 6% and 8%.Hudong-Zhonghua is a subsidiary of the China State Shipbuilding Corporation (CSSC), China’s largest shipbuilding group, and the second largest in the world.
CMA CGM Orders 10 Boxships from China
CMA CGM chairman and CEO Rodolphe Saadé has signed two strategic partnerships with Lei Fanpei, chairman of the China State Shipbuilding Corporation (CSSC), including an order of 10 containership newbuilds, as well as an agreement to jointly develop more efficient and environmentally-friendly vessels.The deals were signed Monday in the presence of French President Emmanuel Macron and Chinese President Xi Jinping, on the occasion of the latter’s State visit to France.The 10 new Chinese-built 15,000-TEU (Twenty-foot Equivalent Units) vessels will each measure 366 meters long.
TORM, ME Production and GSI JV for Production for Scrubbers
Danish shipping company TORM has established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International (GSI).The joint venture, ME Production China, will manufacture and install scrubbers in China and deliver them to a range of maritime industry customers for both newbuildings and retrofitted vessels, said a press release from the carriers of refined oil products. TORM holds an ownership stake of 27.5% in the new joint venture. GSI is part of…
China Navigation Company Opens Shanghai HQ
Swire Group’s shipping arm China Navigation Company establishes presence in Shanghai where it was founded 147 years ago!The China Navigation Company (CNCo) opened its China headquarters officially in Shanghai on 05 November 2018, marking a significant return to its birthplace 147 years ago, and a significant milestone in its history, said a press release from the company.CNCo started operations on the Yangtze River in 1872, operating a modest fleet of Mississippi-style paddle steamers.CNCo is a major global player in the shipping scene today…
China Cruising: Carnival Corp Launches China JV
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise guests by the end of 2019.CSSC Carnival Cruise Shipping Limited announced an agreement to purchase two existing ships from Carnival Corporation’s Costa Group, the leading cruise operator in Europe and Asia.
Steel Cut for World's Largest Container Vessels in Shanghai
China State Shipbuilding Corporation (CSSC) has commenced construction of CMA CGM’s 22,000 TEU boxships, which would make them the largest container vessels in the world, reported China's official media.The two are among nine 22,000 TEU vessels deal signed by French container shipping operator CMA CGM and China State Shipbuilding Corporation (CSSC) in September last year.Built by Shanghai-based Jiangnan Shipyard and Hudong-Zhonghua Shipbuilding, the two container vessels measure 400 meters in length…
LR Presents CES Descriptive Notes to China Smart Ship
Great Intelligence, the first China smart ship, was presented with Lloyd's Register (LR) cyber-enabled ship (CES) descriptive notes. Great Intelligence was designed by Shanghai Merchant Ship Design and Research Institute (SDARI) and built at Guangzhou Wenchong Shipyard Co., Ltd (GWS), a subsidiary of China State Shipbuilding Corporation (CSSC). Along with LR, System Engineering research Institute (SERI) and China Class Society (CCS) were also involved in this project. Great Intelligence…
China's 'Smart' Ship Debuts in Shanghai
China's first "smart" ship embedded with a domestically-developed intelligent navigation system made its debut in Shanghai, according to official media Xinhua. China Daily also reported that the world's first smart ship, developed and built by China State Shipbuilding Corporation (CSSC), has started its first trial voyage in Guangzhou, capital of Guangdong province. Christened as 'Great Intelligence' (Great Smart) 179-meter-long ship is 32-meters-wide and 15-meters-high, with a maximum loading capacity of 38,800 tonnes.
COSCO: 10 Vessels with Hans Jensen Lubrication System
One of the world’s biggest shipping companies, China COSCO Shipping Group, has placed an order for 10 large ore carriers from China State Shipbuilding Corporation. COSCO specified the order to include the cylinder lubrication system ‘HJ Lubtronic SIP’ from Hans Jensen Lubricators A/S, as it enables large cost savings through reduced cylinder oil consumption, and reduced wear on cylinder liners and piston rings. The first vessel is scheduled for delivery in January 2018. Today’s energy efficient diesel engines for marine vessels are designed to reduce environmental footprints and fuel costs.
CMA CGM to Build World's Largest Boxships at Chinese Yard
French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding (Group) Co, had received a letter of intent from CMA CGM for the ships, which would be capable of carrying 22,000 20-foot equivalent unit containers (TEU), the newspaper said. The final order was subject to board approval from both sides, the newspaper said. Both yards are owned by state-run China State Shipbuilding Corporation.
CSSC Launches New Marine Service Business
China State Shipbuilding Corporation (CSSC) said it has formally launched a new business CSSC Marine Service Co., Ltd, to coincide with the inauguration of its new logistics center within the Yangshang free trade zone, Shanghai. The inauguration was marked with a ceremony on June 30, 2017, attended by more than 150 industry representatives from ship owning, managing and operating companies, along with key cooperation partners ABB, MAN PrimServ and WinGD. Able to accommodate more than 20…
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…
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…
SENER Celebrates 50 Years of FORAN
The SENER Group division in Shanghai held a 50th anniversary celebration of FORAN system where it also presented its new version V80. More than 100 attendees from 40 companies including shipyards, design offices, classification societies, universities and partners attended the event. The event received endorsement from Embassy of Spain and CDTI (Spain’s Centre for the Development of Industrial Technology) with participation of representatives. The Economic and Commercial Consul from Economic and Commercial office in Shanghai of Embassy of Spain…
Wärtsilä Strengthens Its Position in China with New Propulsion Orders
Two new marine geological research vessels under construction in China will feature a broad scope of Wärtsilä engines and propulsion equipment. Wärtsilä has maintained a leading position in China for supplying propulsion solutions to research vessels. Since 2011, more than 70% of the research vessels built in Chinese yards have been fitted with Wärtsilä products. These latest contracts were placed with Wärtsilä in September. The new vessels are being built at the Shanghai shipyard of CSSC (China State Shipbuilding Corporation) and the COSCO shipyard in Guangdong…
Jiangnan Bags 2 VLGC Order from Naftomar
Naftomar Shipping And Trading Co. Ltd. Inc., which is engaged in shipping and trading liquid petroleum gas, contracted China’s Jiangnan Shipyard to build two Very Large Gas Carriers (VLGC), say local media reports. The Voula, Greece-based company has ordered one 84,000 cu m , with an option to construct one more. Other contract details, financial details of the deal and the delivery date of the ship were not revealed. According to Jiangnan Shipyard this is their first working relationship with Naftomar.
China Shipping 21,000 teu Order for SWS
China Shipping Group's CSCL has agreed a deal to bareboat charter up to 11 units of 21,000 teu containerships, of which five will be options exercisable after six months of charter for the first six ships, says local media reports. It has confirmed the 21,000 teu containerships to be built at Shanghai Waigaoqiao Shipbuilding (SWS). The ships will be chartered from China Shipping Nauticgreen Holdings, subsidiary of China Shipping (Group) Company. “The charter hire is determined…
CMA CGM picks BIO-UV's Bio-Sea BWTS
The world leading shipping group CMA-CGM has fitted its largest containership, the 18,000 TEU Vasco de Gama, with a 2,000 cu.m/h Bio-Sea 2000 Ballast Water Treatment System (BWTS) supplied by French ballast water treatment specialist Bio-UV. The Vasco de Gama is equipped with the latest environmental technologies, and the BIO-SEA2000 BWTS representing therefore one of the greenest goods transport means in the world. The Bio-Sea system uses filtration and high power UV to treat ballast water without requiring any chemicals. The U.K.-flagged Vasco de Gama has a length of 399 m and beam of 54 m.
China-Made Vessel Delivered to CMA CGM
A large container ship produced by Shanghai Waigaoqiao Shipbuilding Co., Ltd. was delivered to leading French container shipping group CMA CGM on Saturday in Shanghai, reports Xinhua. The vessel is named "Zheng He" after the famous ancient Chinese navigator. Its a 18,000-TEU container ship, designed by China State Shipping Corporation. Zheng He is the largest China has ever made and its deck is as large as four soccer fields, the producer said. The ship is a seventh-generation container ship, manufacturing of which has long been monopolized by the Republic of Korea.
Largest Chinese-built Containership Delivered
Shipping group CMA CGM has taken delivery of the newbuild box ship CMA CGM Vasco de Gama [sic] on July 27. Built by China State Shipbuilding Corporation (CSSC), the 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, is the largest ship in the CMA CGM fleet and the largest containership ever built in a Chinese shipyard. Calling 11 different countries, the U.K.-flagged CMA CGM Vasco de Gama is positioned on the CMA CGM Group’s French Asia Line (FAL) joining Europe to Asia.
Shanghai Shipyard Won Bid for Two Survey Vessels
Shanghai Shipyard has won bids to build two multipurpose survey vessels for two geological survey institutes. The shipyard is an affiliate of China State Shipbuilding Corporation (CSSC). Qingdao Marine Geological Survey Institute and Guangzhou Marine Geological Survey Institute have each ordered one geological survey vessel at the yard. Financial details and the delivery dates of the newbuildings were not disclosed. CSSC said the bids were won after fierce competitions with more than 10 shipyards competing including Wuchang Shipbuilding Industry and Cosco Shipyard.
African, Chinese Shipbuilders Form Partnership
Southern African Shipyards (SAS) has entered into a Memorandum of Understanding (MOU) with China Shipbuilding Trading Company (CSTC), a subsidiary of China State Shipbuilding Corporation, in a union between the largest shipyard in Southern Africa and the largest shipbuilding group in the world. Operation Phakisa was launched by President Jacob Zuma in 2014. One of its two key focus areas is to develop South Africa’s maritime economy in sectors such as marine transport and manufacturing and offshore oil and gas.
MAN Diesel & Turbo Extends CSSC Relationship
MAN Diesel & Turbo renewed its contract with Chinese two-stroke licensee, China State Shipbuilding Corporation (CSSC) at a ceremony in Beijing on February 2, 2015. The agreement runs for the next 10 years and covers the production of low-speed engines at CSSC affiliates: CSSC – MES Diesel Co., Ltd (CMD), Hudong Heavy Machinery Co., Ltd (HHM) and CSSC Marine Power Co., Ltd (CMP). Klaus Engberg, Senior Vice President and Head of MAN Diesel & Turbo Two- Stroke Licensing said, “We have enjoyed a long, close cooperation with our Chinese partner, CSSC, that stretches all the way back to 1980.
China Adds 9 Shipyards to Favored 'White List'
China has added nine shipyards to its "white list" of firms deemed worth of favourable policy support, as it attempts to tackle overcapacity that has weighed on the global shipping market. In September, it published a list of 51 yards which it later cut to 50. These yards, which it says are judged to comply with requirements such as ship emissions, are expected to get favourable policy support, such as bank credit and export tax rebates. The nine include subsidiaries of state-backed firms China State Shipbuilding Corporation…
Fincantieri Sign MoUs with Carnival & CSSC
Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line, and with China CSSC Holdings Limited, controlled by CSSC (China State Shipbuilding Corporation), China’s largest shipbuilding conglomerate, which operates in different sectors. These historic agreements aim to explore the possibility of joint ventures in cruise shipbuilding for the Chinese market.