March 29, 2015
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March 28, 2015
Shipping losses continued their long-term downward trend with 75 reported worldwide in 2014, making it the safest year in shipping for 10 years, according to Allianz Global Corporate & Specialty SE’s (AGCS) third annual Safety and Shipping Review 2015, which analyzes reported shipping losses of over 100 gross tons.
Losses declined by 32% compared with the previous year and were well below the 10-year loss average of 127. Since 2005 shipping losses have declined by 50%. More than a third of 2014’s total losses were in two maritime regions. South China, Indo China, Indonesia and the Philippines (17 ships) and Japan, Korea and North China (12 ships). Cargo and fishing vessels accounted for over 50% of all losses.
March 28, 2015 - “Viking Star”, the first of three cruise ships which Fincantieri is currently building for the company Viking Ocean Cruises, was presented today at Marghera shipyard. The other two sister ships are “Viking Sea” and “Viking Sky”.
"Viking Star", like its two sister ships, will be placed in the small cruise ship segment. In fact, with a gross tonnage of about 47,800 tons, it will have 465 cabins with accommodation for 930 passengers.
The ship has been designed by experienced nautical architects and engineers, including an interior design team of London-based SMC Design, and Los Angeles-based Rottet Studios.
March 27, 2015
March 26, 2015 - Today, Maersk Line signed a new building order with COSCO Shipyard Co., Ltd in Zhoushan China. The order is for seven (7) 3,600 TEU (twenty-foot equivalent) container vessels. The vessels will have a length of 200 meters (m), width of 35.2m, and a 10m draft. COSCO Shipyard and Maersk Line have agreed to keep the price confidential.
The order is the first step in the investment programme announced by Maersk Line. Over the next five years USD 15 billion will go into vessel new building, retrofit programme, containers and other equipment. Hereby, Maersk Line will be able to add capacity in line with growth in global container shipping demand as well as replace less efficient chartered tonnage.
Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc., was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation on March 26, 2015.
The vessel, which was jointly developed by Sanoyas Shipyard and MOL, is a state-of-the-art coal carrier with its wide-beam/shallow-draft shape and various safety and energy-saving specifications.
March 26, 2015 Hamburg Süd christened its third container vessel in the new “San” class. The official naming ceremony of the “San Vicente” was held at the Cuenca del Plata terminal in Montevideo, with customers and business partners.
The new ship class in the Hamburg Süd fleet has a nominal container slot capacity of around 9,000 TEU and with 1,370 reefer slots for refrigerated containers a correspondingly high reefer capacity.
March 26, 2015 - Carnival Corporation & plc, the world's largest travel and leisure company, today signed two strategic memorandums of agreement that will add a total of nine new cruise ships to the company's industry-leading fleet over a four-year period from 2019 - 2022. The shipbuilding agreements, which include options for additional ship builds in the coming years, are subject to several conditions, including satisfactory financing.
Italian shipbuilder Fincantieri S.p.A and German shipbuilder Meyer Werft will each build new ships based on Carnival Corporation's next-generation ship designs, which will produce the most efficient ships in the company's history.
Rolls-Royce has been awarded a contract by ship builder Fincantieri to supply a fully integrated propulsion system for Norway’s new Polar Research Vessel, which will carry out significant environmental research at the North and South Poles.
The Rolls-Royce system includes gen sets with a power electric system, a range of thrusters and automation and control systems. The vessel is expected to be in operation from 2017.
Leading German towage services provider URAG has taken delivery of two ASD 2411 Tugs to add to its existing fleet. Named Brake and Perfect, the new vessels have joined their sister ship Prompt in the port of Hamburg under the URAG subsidiary Lutgens und Reimers (L&R).
The Port of Hamburg has a significant number of Damen vessels in service with several operators. In addition to an existing fleet, this year alone has seen the delivery of an ASD 2913 to Petersen & Alpers, an ATD 2412 to Kotug and now the two ASD 2411 tugs to URAG.
Viking Supply Ships has entered into a contract with an Oil major for the Ice-classed AHTS “Brage Viking”.
The contract value including options is around USD 100 million. The contract reflects the area of operation, the ice-classed ship and the competencies of the Viking team regarding operations in ice.
March 26, 2015
The 16 MW Icebreaker for the Russian Ministry of Transport was launched at Arctech Helsinki Shipyard on March 25th, 2015. Before floating the vessel, she was given the name ceremonially by breaking of a champagne bottle on the bow of the vessel. The ship was named by the Godmother of the vessel Marina Vasilyevna Kovtun, the Governor of the Murmansk Region, who wished the best of luck for the Murmansk icebreaker.
The vessel being built at Arctech belongs to the series of three new buildings ordered by the Russian Ministry of Transport from Vyborg Shipyard. The basic design and purchasing of major components will be provided by Vyborg Shipyard as well as 40% of the vessels hull blocks. Arctech will be responsible for the construction, outfitting and commissioning of the vessel.
March 26, 2015 - Business momentum is fast picking up at Swiber Holdings Limited despite the downturn in the oil and gas industry as the Group clinches a total of US$405.6 million for a series of contracts, including its latest US$333 million contract for Engineering, Procurement, Installation and Construction (EPIC) services in India.
The contract in India is the second awarded to Swiber by the same national oil company in just over a month. The project, to commence immediately, involves transportation and installation of submarine pipelines and engineering works and modification of existing facilities. Phase 1 is expected to be completed by the second quarter of 2016 and Phase II, the second quarter of 2017.
Marking another year of impressive growth, Viking River Cruises yesterday (March 24) welcomed the newest additions to its fleet of river cruise vessels at a simultaneous christening ceremony in Amsterdam and Rostock, Germany. The company christened a total of 12 new river vessels, including 10 of its award-winning Viking Longships® and two custom vessels for the Elbe River.
This event officially brings Viking's total river fleet size to 60 and comes just one year after the company set a GUINNESS WORLD RECORDTM for the most new ships launched in a single day.
March 26, 2015 - Today, Esvagt has taken delivery of the second of three Havyard 832 SOV windfarm service vessels from Havyard Ship Technology AS.
Havyard Ship Technology's newbuild 119 'Esvagt Faraday', a Havyard 832 SOV windfarm service vessel, is the second to be delivered to Esvagt. The first, newbuild 118 'Esvagt Froude' was delivered in the middle of February. The German company Siemens Wind Power has hired both vessels on long-term contracts to service their offshore windfarms.
Ocean Safety, specialists in the worldwide supply, distribution, service and hire of marine safety equipment, have introduced a new range of workwear lifejackets.
The new Kru Workwear range completes Ocean Safety’s lifejacket offering, providing a wide choice for personnel working in both the commercial and leisure industry.
March 29, 2015
Russia decided to apply to join the China-led Asian Infrastructure Investment Bank (AIIB), the country’s Deputy Prime Minister Igor Shuvalov said on Saturday (March 28).
March 28, 2015
Dmitry Rogozin pointed out that there was still no promising line of ships and maritime technologies crucial for the transportation of oil and gas
Deputy Prime Minister Dmitry Rogozin appeared at a meeting of the Maritime Collegium on Wednesday (March 25) to criticize the agency for doing a poor job to implement instructions from the president and prime minister regarding wider production of civilian ships at domestic shipyards.
The Russian presidential administration supports opening the Arctic shelf for private companies. This could open up for Russia’s biggest private oil producer Lukoil.
Maritime Organization (IMO) a statement on the nomination of a candidate for the post of Secretary General of the Organization. The nominee is Deputy Director of the Department of State Policy for Maritime and River Transport of Russian Ministry of Transport Vitaly Klyuev.
It will be the first time ever that a candidate from Russia will compete for the IMO SG's post. Previously, the country never nominated its candidates for the post of Secretary-General of IMO.
March 27, 2015
As China's economic slowdown squeezes the global shipping industry, three of the country's biggest domestic cargo freighters likely skirted the losses that plagued international peers last year thanks to a five-fold jump in state subsidies.
Boosted by hundreds of millions of dollars in cash grants from Beijing for scrapping old vessels, China Cosco , China Shipping Development and China Shipping Container Lines will report 2014 earnings starting later on Thursday (March 26) showing some of their best profits in years.
Consolidation will take place if the newbuilding market does not improve, say market observers, with leaders from CSIC and CSSC ‘switching’ roles to prepare for restructuring.
China State Shipbuilding Co (CSSC) and China Shipbuilding Industry Corp (CSIC) are eyeing a potential merger.
Talk is rife in the local market that the two state-owned conglomerates, which account for more than half the nation’s shipbuilding output, will join forces if the dismal market continues.
Russian Energy Minister Alexander Novak said that the gas export volume to Europe in 2015 may be even a bit higher than in 2014.
A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US.
The deal requires the JV to provide engineering, procurement and construction services for the third of the three-train natural gas liquefaction and export facility on Quintana Island, near Freeport.
March 26, 2015
Italian shipbuilder Fincantieri is introducing a new ultra-deep drillship design at OMC Technical conference today (March 26), named the Proxima.
The drillship features a maximum drilling depth of 50,000ft in 12,000ft of water. Differing from traditional drilling towers, its new drilling system is composed of two cyllindrically shaped telescopic towers increasing the vessel’s speed of drilling process.
London: Exploration costs are set to fall by 33% by 2016, which could see drilling activity bounce back to 2014 levels, analysts say.
Right now, the industry is still adjusting to the low oil price environment, which will result in average exploration budget cuts of 30% in 2015, analysis from energy research firm Wood Mackenzie (WM) says.
Both economies experiencing a slowdown, though Asia-Pacific remains
March 25, 2015
Russia's United Shipbuilding Corporation (USC) is ready to build assault ships similar to the Mistral-class helicopter carriers should the country's Ministry of Defense make such a decision, said USC president Alexei Rakhmanov.
At an oil price of $60 per barrel, Russia’s only offshore oil-producing field in the Arctic, Prirazlomnaya, is unprofitable even with heavy state support.
April 20-23, 2015 • Kuala Lumpur, Malaysia
April 21-24, 2015 • Moscow, Russia
April 27-29, 2015 • Nairobi, Kenya
June 2-5, 2015 • Oslo, Norway
July 1-5, 2015 • Saint-Petersburg, Russia
Aug. 27-29, 2015 • Dar-es-Salaam, Tanzania
Sept. 2-3, 2015 • London, UK
Sept. 7-9, 2015 • Gdansk, Poland
Sept. 15-18, 2015 • Saint-Petersburg, Russia
Sept. 22-25, 2015 • Saint-Petersburg, Russia
Sept. 23-25, 2015 • Mumbai, India
Oct. 7-9, 2015 • Jakarta, Indonesia
Oct. 7-8, 2015 • Antwerp, Belgium
Nov. 3-6, 2015 • Rotterdam, The Netherlands
Dec. 1-4, 2015 • Shanghai, China
March 16-18, 2016 • Singapore