Who Wins in Shipping’s Battle for Data?
Weather has to be one of the most important building blocks of any digital operations solution. But, that’s only one of dozens of individual variables. Building a data management solution that navigates the unexpected, and not just the low hanging fruit, is the way to go.One of the most fiercely fought battles in shipping today is the battle for data. On a weekly basis, we see companies of all stripes – ship managers, owners, class societies, equipment manufacturers and even coating suppliers – investing in their own digital solutions and fiercely competing for control over data: the new oil.
New Times Shipbuilding Launches Two Aframax for Frontline
On April 2, No.13 and No.14 111,000 DWT Oil Tankers launched successively from NTS drydock, both of which are built for Frontline. New Times Shipbuilding's CEO Liu Haijin and the representatives from the owner and ABS attended the launching ceremony, the company said in its press release. It has updated about the other deliveries in this year. On January 26, 2018, the closing ceremony for No.26 157,500 DWT Crude Oil Tanker was held in Shanghai. "Our Executive General Manger Zhang Yuyong and representatives from Owner Dong-A Tanker attended this ceremony.
M/Maritime Adds Olympia, Orders 3 Bulkers in Japan
Olympia GR, a 61,222 DWT Ultramax dry bulk carrier, has been successfully delivered to M/Maritime Corp from Shin Kurushima Toyohashi Shipbuilding Co. Ltd. Recently, the clients of M/Maritime Corp. signed two shipbuilding contracts for the acquisition of two 60,200 DWT bulk carriers to be built at Mitsui Engineering & Shipbuilding Co., Ltd. Both vessels, under Hull No. 1961 and Hull No. 1962 are scheduled to be delivered to their Owners between second half of 2019 and first half of 2020. Their full management will be entrusted to M/Maritime Corp.
Ferbec Officially Joins Canada Steamship Fleet
Canada Steamship Lines welcomed M.V. Ferbec, a 49,502 DWT conventional geared bulk carrier equipped with four cranes and grabs, which is now fully operational in the Gulf of Saint Lawrence. The vessel, which previously operated in CSL’s Australian fleet as CSL Melbourne, is the largest vessel of its type in the Canadian domestic shipping market. Upon arrival in Québec City on May 13, 2017, the vessel underwent modifications to adapt to its new operating environment. Ferbec is now operating under Canadian flag in the Havre St-Pierre to Sorel corridor for long time-customer Rio Tinto.
MAN's ME-GI Engine for LNG-powered Bulker
Korean shipowner ILSHIN and HMD (Hyundai Mipo Dockyard Co., Ltd.) have signed a shipbuilding contract for a 50,000 dwt bulk carrier. Notably, the vessel will be powered by an MAN B&W 6G50ME-C9.5-GI engine, to be built by HHI-EMD who will also supply the ME-GI and fuel gas supply system. POSCO, the multinational steel-making company headquartered in Pohang, South Korea, has already agreed to charter the newbuilding upon delivery, and will use the vessel to transport limestone for its operations.
Two Tugboats Capsize on St. Lawrence River
Two tugboats capsized and sank close to each other on the St. Lawrence River on Monday. They are the latest in a recent flurry of adverse incidents on the waterway. Witnesses say the first tug tipped over around 4 p.m. while the crew managed to escape before the boat capsized. Social media reports suggested the ship is the Lac Manitoba, owned by Nadro Marine. About five hours later, a second tug overturned in the river on the south side of the barge, closer to the Cornwall Island side of the river about 500 feet downstream of the new low-level bridge.
Greek Capesize and Maersk Boxship Mishap in Suez Canal
The Danish container ship Susan Maersk has collided with the container ship Margret Oldendorff flying the Libyan flag. The 347 meter long, 110387 dwt container ship Susan Maersk and the 300 meter long, 208086 dwt bulk carrier Margret Oldendorff ran aground on the Suez Canal near the 94 kilometer mark. Both vessels were proceeding northbound in dense fog when both vessels grounded onto a sandbank. The Susan Maersk was undamaged, but the Margret Oldendorff was holed above the waterline. No reports of injuries or pollution on either vessel.
Shipbuilding: Yangzijiang bags 13 New Orders
Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding (Holdings) announced that it had entered into 13 new shipbuilding orders in the fourth quarter of last year, comprising nine effective orders with a total contract value worth of US$388 million and four new options with an aggregate value of US$122 million, says a report in Business Times. These include two units of 10,000 twenty-foot equivalent units (TEU) exercised from existing options and seven new shipbuilding contracts consisting of four units of 36…
COSCO Delivers Bulker
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a 80,000 DWT bulk carrier, "CIC EPOS", to its European Buyer. The delivery documents were signed by and between COSCO Dalian and the buyer recently. The vessel measures 229 meters in LOA (length of all), 32.26 meters in breadth and 20.25
Dayang Shipbuilding Delivers 200th Ship
An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago. Representatives from the government, banks, Bourbon, BV, supervisors and suppliers were on hand. Dayang Shipyard is one of the construction bases of the Sinopacific Shipbuilding Group (SINOPACIFIC). The vessels delivered by Dayang have all been for international clients, and include 142 bulk carriers…
New Dry Bulk Shipowning Firm Raises Funds
Nautical Bulk Holdings Limited, a newly formed Bermuda-based dry bulk shipping company, has raised in excess of $100 million of equity capital to fund the construction of eight ultramax, eco-friendly vessels under construction by Jiangsu Hantong Ship Heavy Industry, a leading Chinese shipyard. WL Ross & Co. / Fearnley Advisors AS, Solus Alternative Asset Management LP and the CONTI Group are providing the equity capital to launch the company. Nautical has entered into shipbuilding contracts for the construction of eight 64…
New Bulker Design Introduced by Imabari Shipbuilding
Japan's Imabari Shipbuilding Co., Ltd. introduce a new class of 33,000 dwt bulk carrier designated 'IS' TRI-STAR. The shipbuilders say that its share of the handy-size bulk carrier market is ranked among the highest in the world. Since 2010, over 30 vessels of the "IS" BARI-STAR, 38,000 dwt-type bulk carrier have been delivered, and over 200 vessels of the 28,000 dwt-type have been delivered since 1990. However, to satisfy customer demand they have decided to launch their newly developed 33,000 dwt- type bulk carrier – "IS" TRI-STAR into the handy-size bulk carrier market.
Latest Commercial Shipbuilding Contracts
There has been a significant volume of shipbuilding business reported in the week according to Clarkson Hellas. The dry bulk fleet has seen a number of new additions this week. It was reported that SWS signed an additional order with Clients of Thenamaris for 1+1 180,000 DWT Capesize vessels, with the firm vessel lined up for delivery in 2015. Clients of Nordic Bulk Carriers placed an order for two firm 75,000 DWT Ice Class 1A bulk carriers at Oshima for delivery in 2015. Although pricing was not officially revealed…
China Shipyard Delivers One More Bulker
COSCO (Zhoushan) Shipyard Co., Ltd. has delivered a 57,000 dwt bulk carrier 'Ocean Master' to its European buyer. The new bulk carrier measures 189.99 meters in LOA and 32.26 meters in breadth. COSCO Corporation (Singapore) Limited has one of the largest Ship Repair, Ship Building and Offshore Marine Engineering operations in China. A diversified group with activities also in Dry Bulk Shipping, Shipping Agency and other sectors, it is the SGX Mainboard-listed subsidiary of China Ocean Shipping (Group) Company (“COSCO Group”)…
China Shipyard Delivers First Dolphin 64 Bulker
The 63,800 dwt bulk carrier 'Amber Champion' has been completed and named at the Chengxi Shipyard Co. A spokesperson for the shipbuilder addressed guests at the ceremony, and the following is drawn from that speech. The Dolphin 64 bulk carrier is an energy-efficient, environmental-friendly, and economic Supermax vessel. Not only does it have an index of each function much higher than the required baseline standards, but it also shows unparalleled economy over vessels of similar types.
China Shipyard Delivers Another Bulk Carrier
CIC Lixin Shipyard has named and delivered the 'MV Yangtze Oasis' to New Yangtze Navigation (Hong Kong) Co., Ltd. The new type of 34,000 dwt bulk carrier is the first to be built for these owners by CIC Lixin Shipyard. MV Yangtze Oasis is of 179.9 m LOA and a breadth of 29.1 m and she successfully came through sea trials earlier this month. China Shipping Industry Co., Ltd. Lixin Shipyard is located in the Shanghai gold waterway, on the Huangpu River. The company operates from three locations: in Pudong’s Sanlin, Donggou and Gaoqiao districts.
Bureau Veritas Augments Fleet
The Bureau Veritas classed fleet has grown strongly during 2011 and in June passed 80 m gt. Today, 9,663 sea-going vessels and 1,853 inland navigation ships are classed by Bureau Veritas. The growth has been led by the delivery of 320 new vessels and the transfer in of 198 vessels in service since the beginning of the year. Today the fleet is well balanced in tonnage, with 37 per cent bulk carriers, 20 per cent tankers, 8 per cent gas carriers, 5 per cent passenger vessels, 14 per cent containerships and 16 per cent specialized and offshore vessels.
RINA celebrates ties with China
International certification, verification and ship classification company RINA is celebrating its ties with China on its 150th anniversary. It also took the opportunity to celebrate the ties between Italy and China on the 150th anniversary of Italian Unification. Formed in Genoa, Italy, in 1861 as a ship classification society, RINA is today a global multi-disciplinary and multi-cultural company with growing business in China and the surrounding region. Today in Shanghai RINA CEO Ugo Salerno and Vincenzo De Luca…
Wrecked Ship MV Ikan Sepat Refloated
Fairmount Marine’s tug Fairmount Alpine has successfully assisted in the refloating of the grounded MV Ikan Sepat just offshore Puerto Cortés, Honduras. The salvage operation was directed by T&T Bisso Salvage. The MV Ikan Sepat is a 180m long, 28,503 DWT bulk carrier flying the Singapore flag. The vessel was grounded in the approach of the port of Puerto Cortés, located at the Gulf of Honduras in the northwest of the country. During mobilization of the Fairmount Alpine from Jamaica specialists from Fairmount Marine discussed the salvage operation with T&T Bisso’s salvage master.
Piracy – Hijacked Ship Freed by Iranian Commandos
Iranian commandos reportedly stormed, released the Bolivian-flagged 63,400 dwt bulk carrier from pirate control Military sources informed the report that Iranian commandos stormed the Iranian-owned, Bolivian reglistered bulk carrier Eglantine, which is steaming towards the Omani port of Salalah, according to news carried by 'Somalia Report'. The 12-year old bulk carrier was seized by pirates 305 nm northwest of the Malivian capital Male late last month carrying a cargo of sugar from Brazil. She is owned by Andulena Corp of Tehran, and has a crew of 23, whose condition is presently not known.
Dead Ship – Crew Feel Like Prisoners
The Panos Earth, 75,864 dwt bulk carrier needs $500 000 (R3.6 million) to repair her generators but squabbles with insurers mean the ship is heading for her eighth week anchored in False Bay, with a disgruntled crew who want to go home, reports the 'Cape Times' newspaper. In the tangle of broken generators, the shipowner’s cash-flow problems, no funds from the insurance company and various creditors arresting the vessel, the South American crew say they’ve had enough and want to go home. They have called on the local representatives of the International Transport Workers Federation for help.
China Shipyard Wins Four Bulkship Orders
Jiangsu New Yangzijiang Shipbuilding has been contracted to build four 82,000 dwt bulk carrier orders for Hong Kong owner Everbright Metal. Each ship will have a length of 229 m (751 ft) breadth of 32.26 m (106 ft) and draft of 14.45 m (47.4 ft), and all the four ships are expected to be delivered between the fourth quarter of 2013 and the third quarter of 2014. Currently New Yangzijiang Shipbuilding has orders for 53 vessel on hand made up of 16 bulkers, 6 woodchip transport vessels and 31 containerships.[
China Shipyard Delivers Bulk Carrier
The 47, 500 dwt bulk carrier 'You Hao 1' delivered by China Shipping Industry (Jiangsu) Co., Ltd. (CICJS). The bulk carrier for Shanghai Friendship Shipping was the first to be built by this shipbuilder and was delivered at the No.1 outfitting quay of CIC Changxing shipyard. The ceremony was hosted by Mr. Wang Yiling, the Executive Director of CICJS. The Secretary of the Party Committee of China Shipping Industry (CIC) Zhang Yibing extended a welcome address and Mr. Dong Wenxue, the Chairman of the Board of Shanghai Friendship Shipping responded with an address on behalf of the owner.