Shipbuilding. Energy. Transport
SMM 2016

On-line supplement
to the Maritime Market magazine

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"Maritime Market" - 2016

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May 25, 2016

First cargo of Yamal oil shipped from Arctic Gate offshore terminal

May 25, 2016 - An event marking the start of the year-round shipments of Yamal oil from the Arctic Gate (Vorota Arktiki), an Arctic oil loading terminal, took place today in the Mys Kamenny settlement (Yamal Peninsula, Yamal-Nenets Autonomous Area).
The Novoportovskoye oil, gas and condensate field, the richest in oil reserves in the Yamal Peninsula, is located 700 kilometers away from the existing pipeline infrastructure. That is why it was decided to ship Yamal oil by sea for the first time in the history of Russia's oil and gas industry.
Thanks to cutting-edge technologies employed in building the production, transportation and, most importantly, loading infrastructure, it took only four years to arrange commercial oil production from the field. It is planned to extract 6.3 million tons of feedstock from the field as early as 2018. The plan for further field development will be outlined before late 2017.

Damen unveils new compact multi-role Utility Vessel 2410

Work is due to start shortly on the first of a new class of Damen utility vessel UV2410. This multi-role platform is the result of extensive consultation with customers active in the aquaculture industry in the UK and Norway.
For these customers it was important that the rule length of the new vessel be no more than 24-metres and, for UK customers in particular, that it fits within the 200 Gross Tonnage limit. Feedback indicated that within that length maximum possible protected deck space and good seakeeping were top priorities, along with ample accommodation.

SGX enters into exclusive discussions with the Baltic Exchange

Singapore Exchange Limited (SGX) wishes to announce that it has entered into an agreement with The Baltic Exchange Limited (Baltic Exchange) through which SGX will enter into exclusive discussions with the Baltic Exchange regarding a cash offer for 100% of the share capital of the Baltic Exchange (Transaction).
This follows SGX’s announcement on 26 February 2016 that it had submitted a non-binding bid for the acquisition of the Baltic Exchange. The period of exclusivity will commence on 25 May 2016 and expire on 30 June 2016.

SMM 2016: Shipping 4.0

Autonomous ships, smart on-board systems: At the Maritime Future Summit on 5 September, industry leaders will discuss the future of shipping.
For the first time SMM hosts a conference dedicated to digital shipping.

Two new launches in Vietnam: dAmico International Shipping S.A. flies the Italian flag in Southeast Asia

d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, launched two new eco-ships at the Hyundai Vinashin Shipyard Co. Ltd - Vietnam in the presence of the Consul General of Italy in Ho Chi Minh City, Carlotta Colli.
Cielo di Capri and Cielo di Hanoi are both 39,000 dwt Handysize Product Tankers, 184 metres long and 27.4 metres wide, with the only difference being that the first is an Ice Class. These two eco-ships are a part of the significant 755 million dollars investment plan that DIS launched in 2012.
The ceremony - held on 16 May - was also attended by the President and CEO of the Hyundai Mipo Dockyard, Hwan-Goo Kang, and by representatives of the financial institutions that supported d’Amico International Shipping in the construction of the eco-ships.

ClassNK releases 2016 Rules and Guidance for the Survey and Construction of Steel Ships

Leading classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships.
ClassNK regularly reviews and revises its technical rules and guidance in order to ensure that they are relevant and up-to-date.

Launching of the worlds largest trimarans

Latvian yard Latitude Yachts has launched a pair of 53 metre multihulls, which will jointly hold the record for the world’s largest trimaran.
Marine Technics Company has delivered set of Valves (Econosto) on the new vessels. Built from a GRP and carbonfibre composite, the new Latitude trimarans are propelled by twin 2600hp engines for a top speed in excess of 28 knots.

Damen Shiprepair Oranjewerf receives ISO 9001:2008 certification

Damen Shiprepair Oranjewerf (DSO) has become the latest Damen ship repair yard to receive ISO 9001:2008 certification. Strategically located in the port of Amsterdam, DSO undertakes the full range of maintenance, repair and conversion projects on all classes of vessel.

P&O Ferrymasters in new Italy-Romania intermodal partnership

Leading logistics solutions specialists P&O Ferrymasters and the Transmec Group are partnering to expand their intermodal operations with the launch of a regular rail service linking Italy and Romania.
Using private rail operators under a dedicated company train concept, the service starts on June 1 with two departures per week each way between Piacenza and Oradea, leaving every Wednesday and Saturday. An additional weekly departure is planned within a few months.

May 24, 2016

RINA announces definitive agreement for the acquisition of 100% of Edif Group

Rina S.p.A, the multi-national testing, inspection, certification and consulting engineering group based in Genoa, Italy has purchased the Edif Group, which includes the ERA engineering consultancy and the NDE testing, inspection and certification business.
This acquisition results in an expanded international geographic footprint for RINA, particularly in the US and UK, together with an increased profile in the marine industry.

Azipod 25 year anniversary: ABB electric propulsion system saved over 700,000 tons of fuel for marine vessels so far

May 24, 2016 - ABB’s environmentally friendly Azipod propulsion system brings greater fuel efficiency to diverse shipping segments.
ABB today announced that the total fuel savings of the entire installed Azipod fleet since being launched is estimated to be more than 700,000 tons. Assuming the average family car uses one ton of fuel annually, this saving corresponds to the annual fuel consumption of 700,000 cars.

Davie Shipbuilding marks the steel cutting for first Resolve-Class AOR with a major celebration

May 24, 2016 - Today, Davie Shipbuilding is marking a major milestone with the first cutting of new steel for the Resolve Class Auxiliary Oiler Replenishment vessel.
The project consists of converting a containership into an Auxiliary Oiler Replenishment (AOR) ship in order to support the operations of the Royal Canadian Navy.
This type of conversion has already been performed a number of times by international navies. The conversion of the vessel will be entirely compliant with international regulations.

Success for Terex Quaymate M50 mobile harbour cranes in Asia

Korea Express orders two machines for its terminals in Ulsan and Incheon
May 24, 2016 - Terex Port Solutions (TPS) notches up another success for its Terex Quaymate M50 mobile harbour crane.
After the first machine in the world completely manufactured and assembled by the Chinese site of TPS in Xiamen was shipped to Australia in March this year, the leading South Korean logistics service provider CJ Korea Express (Korea Express) has now ordered two Quaymate M50 mobile harbour cranes for different terminals.

RUSCON speeds up Russian fertiliser exports with automated loading system

RUSCON, a leading transport company in Russia, has installed an automated system for loading mineral fertilisers at its terminal close to the port of Novorossiysk on the Black Sea.
The bulk cargoes are delivered by trains arriving from all over Russia and then loaded into sea containers or packaged in big-bags before being taken to the port for export.

First Cat Marine Hybrid Thruster delivers more power using less fuel

Caterpillar’s Marine Solution Center unveils breakthrough hybrid thruster concept offering dramatic savings in cost of ownership for offshore operators
Caterpillar Marine is pleased to announce that engineering specialists at its new Marine Solutions Center are this month overseeing delivery of the first Cat® Marine Hybrid Thruster system. The first system is being delivered to an undisclosed ship yard in Singapore and will be commissioned mid this year.

Industry news
IMDS 2017
May 25, 2016

China Shipbuilding changes course to high-end specialist vessels

State shipbuilder acts on oversupply and waning global demand
China Shipbuilding Industry Corp, one of the country's two major shipbuilding conglomerates, plans to integrate six of its shipyards into three. It will focus more on building high-end vessels as the industry remains in choppy waters amid waning global demand.

Five New Vladivostok Port Residents to Invest $22.5Mln in Russian Far East

Five additional companies will become residents of the Vladivostok free port and invest 1.5 billion rubles ($22.46 million) in the Russian Far East economy, the Ministry of Far East Development said Tuesday (May 24).

May 23, 2016

Russian shipbuilder wins $1 bln Iran contract for five Gulf oil rigs

Russian shipbuilder Krasnye Barrikady has been awarded a near-$1 billion contract by Iran to build five offshore drilling rigs for use on Iran's part of the Gulf shelf.
The project, which was under discussion for almost two years, will be financed jointly by Russia and Iran. Iran will soon make a 15 percent advance payment on the $200 million price of the first rig.

Caspian Sea Yard to Build Persian Gulf Jack Ups

The Red Barricades shipyard in Astrakhan, Russia, has finalized a contract for the construction of five $200 million jack up rigs for Iranian firm SADID Industrial Group.
SADID and Red Barricades said that components for the jack ups will be constructed at Barricade’s yard on the landlocked Caspian Sea, but the rigs are intended for the National Iranian Oil Company's use in the Persian Gulf.

Three African states to get Iranian LPG

The Islamic Republic of Iran has commenced exports of liquefied petroleum gas (LPG) to three African countries.
Esmaeel Hasham Firouz, the export-import director of the National Iranian Oil Products Distribution Company (NIOPDC), has told Mehr news agency that Iran has begun to ship excess natural gas supplies as LPG to Kenya, South Africa and Tanzania.

Details of Panama's first post-Panamax container terminal announced

Chinese consortium Panama Colon Container Port will construct the first container terminal in Colon able to accommodate post-Panamax ships after reaching an agreement with the Panama Maritime Authority.
The terminal will have an annual capacity of 2.5 million twenty-foot-equivalent units, quay length of 3,937 feet and depth of 59 feet with additional land that opens up the possibility of energy projects or liquefied natural gas facilities.

May 20, 2016

Russia to Build New Amphibious Assault Ship to Replace Mistral

Russian Deputy Defense Minister Yuri Borisov said that Russia plans to build amphibious assault ships for naval Kamov Ka-52K attack helicopters.

Russia's VTB to grow trading to help Russian commodity exports

Russia's second largest bank, state-controlled VTB, is growing its commodities trading business to help the country's oil, coal and metals producers expand in new markets from China to Africa.
VTB aims to become a top global commodities trading bank as Western peers cut their Russian exposure due to sanctions and as Russian firms feel the pressure of falling prices, the division's head, Atanas Djumaliev, told Reuters.

What exactly is the U.S. Navys brand new stealth destroyer for?

As the U.S. Navy prepares to commission a new destroyer, experts weight in on the implications for Russian and Chinese sea power.

Collaboration crucial to Australian naval shipbuilding program

The federal government has committed to the largest naval shipbuilding program in the nation’s history. The scale of the financial, engineering, technology and construction challenge is immense. An unprecedented national collaborative effort will be needed to meet it successfully.
As well as maintaining and ­upgrading the Collins-class submarines and finalising construction and commissioning of the air warfare destroyers, there is now a program to build 21 Pacific patrol boats, 12 offshore patrol vessels, nine frigates as well as 12 next-generation submarines.

May 18, 2016

China to Build Almost 460-Miles Gas Pipeline For Supplies From Russia

Work starts on new pipeline bringing Azeri gas to Italy

Construction work is starting on a new pipeline project bringing Azeri gas through northern Greece and Albania to Italy, reducing Europe's energy dependency on Russia.
The Trans Adriatic Pipeline (TAP) will run for 878 kilometers (550 miles), from Greece's border with Turkey to southern Italy, and includes a 105-kilometer (65-mile) stretch under the Adriatic Sea. First deliveries to Europe are expected in 2020.
Greek Prime Minister Alexis Tsipras said the project would create 8,000 jobs in his financially struggling country, which has more than 24 percent unemployment.
He spoke at a ceremony Tuesday (May 17) to mark the beginning of the pipeline's construction in the northern port city of Thessaloniki.
TAP is a joint project by Britain's BP, Azerbaijan's SOCAR, Italy's Snam, Belgium's Fluxys, Spain's Enagas and Swiss Axpo.

Austria Eager to Be Involved in North Stream 2 Gas Pipeline

Austria regards a Russia-EU project to build a pipeline that will bring natural gas under the Baltic Sea to Europe as an economic opportunity it is happy to take part in, Austria’s Ambassador to Russia Emil Brix said.

Global Shipbuilding Market Report: 2016 Edition - Major Players are Hyundai Heavy Industries, Samsung Heavy Industries, DSME and Mitsubishi Heavy Industries - Research and Markets

May 17, 2016

Daewoo Shipbuilding to manage Iranian shipbuilder

Daewoo Shipbuilding & Marine Engineering (DSME) has won the right to manage Iran's state-run shipbuilder, paving its way into the Middle Eastern nation with huge growth potential.
DSME said Monday (May 16) that it recently signed a memorandum of understanding (MOU) with the Iranian government to run Iran Shipbuilding & Offshore Industries Complex. Under the agreement, DSME will also transfer manufacturing technology to the Iranian shipbuilder.
The deal is widely expected to help DSME and other domestic shipbuilders win orders from refiners and other companies in Iran.

Coming Events
Maritime Vortal
June, 2016

Posidonia 2016

June 6-10, 2016  • Athens, Greece

Direct Email
September, 2016

Saudi Transtec 2016

Sept. 5-7, 2016 • Dammam, Saudi Arabia


Sept. 6-9, 2016 • Hamburg, Germany

7th Maritime Salvage & Casualty Response

Sept. 7-8, 2016 • London, UK

October, 2016

Offshore Marintec Russia

Oct. 4-7, 2016 • Saint-Petersburg, Russia


Oct. 4-6, 2016 • Saint-Petersburg, Russia

Oil & Gas Vietnam (OGAV)

Oct. 18-20, 2016 • Vung Tau, Vietnam

Marine Vietnam 2016

Oct. 18-20, 2016 • Vung Tau, Vietnam

Shiptec China 2016

Oct. 25-28, 2016 • Dalian, China

Danish Maritime Fair

Oct. 25-27, 2016 • Copenhagen, Denmark

December, 2016

INMEX China 2016

Dec. 7-9, 2016 • Guangzhou, China

May, 2017

Nor-Shipping 2017

May 30 - June 2, 2017 • Oslo, Norway

June, 2017

International Maritime Defence Show (IMDS-2017)

June 28 - July 2, 2017 • Saint Petersburg, Russia

September, 2017


Sept. 19-22, 2017 • Saint Petersburg, Russia

[Complete List]

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