Cosco Heavy Lift plans fleet renewal with 40 ships
Cosco Shipping plans to build 40 new semisubmersible heavy-lift vessels over the next five years to replace older vessels at a cost of US$1.5 billion.
The renewal program is timed to coincide with the growing demand for offshore wind development and a revival of offshore oil and gas exploration, according to international reports.
"We are carrying more and more equipment for wind farms. We carry a lot of this type of equipment," Guo Jin, Cosco Shipping’s chief operating officer, told reporters following the June christening of the 48,231-deadweight-tonne Xiang Rui Kou at Guangzhou Shipyard International.
In the deal, Aberdeen-based W3G Marine (W3GM) and Dutch firm IHC Merwede, will develop W3GM's offshore wind turbine installation ship (OWTIS).
The vessel, which the companies have described as 'industry changing', will be equipped with a unique 1,500-tonne crane and a patented lift system, which it's claimed should allow fully assembled turbines to be installed in 'one lift onto pre-installed foundations'.
It also claims to offer improved safety by reducing the amount of tasks involved in installation and more environmentally friendly as the process has no contact with the seabed.
Both companies, said last month, they plan for the engineering design phase to be completed by the end of November 2011.
And, should this go to plan the vessel could be construction by the end of 2013 making it available for the 2014 installation season.
Brodospli to build heavy lift ship with two cranes each with a capacity of 1,100 tons
Croatian shipbuilder Brodosplit says it has been awarded a contract to build a heavy lift ship by Jumbo Shipping, MarineLog reports.
Jumbo is one of the world's leading shipping company for transportation of heavy or large size cargo, and the ship being built in the Brodosplit shipyard will be the largest in its fleet with a length of 152 meters and breadth of 27 meters. It will be equipped with two cranes each with a capacity of 1,100 tons. Deadweight on 8.1 meters draft will be 14.000 tons. Powered by two engines, each developing 4,500 kW at 750 rpm, it will have a speed of 17 knots.
The ship will be built to Lloyd’s Register Class and delivery is planned in the first half of 2013.
COSCO regains place as worlds fourth largest container carrier
China's largest carrier Cosco Container Lines has regained its place as the fourth largest container shipping company with an operated fleet of 600,000 TEU after receiving two 13,000-TEU ships last month. The carrier was last ranked at No 4 in 1998, but started to lose market share to MSC and CMA CGM. Cosco has been keen to expand its fleet through charters since 2005. Today, its chartered fleet accounts for 44 per cent of total capacity, said Alphaliner.
Hyundai Samho Heavy receives $400mio. LNG Carrier order from Maran Gas
South Korea’s Hyundai Samho Heavy Industries said it had received an order to build two liquefied natural gas (LNG) carriers worth $400 million in total from Greece’s Maran Gas.
The contract includes an option for additional two vessels, the sister company of Hyundai Heavy Industries said in a statement on Monday.
ASL Marine has secured new shipbuilding contracts worth approximately S$131m ($106.7m) to build 11 rescue and offshore vessels. ASL Shipyard will build two emergency response and rescue vessels and nine anchor handling towing/supply vessels. The vessels are slated for delivery to unnamed buyers between the fourth quarter of 2012 to the third quarter of 2013. Singapore-listed ASL Marine said the two rescue vessels are repeat orders from a customer.
China-based private shipbuilder Jinhai Heavy Industries has won its first containership order from UK-based Graig Shipping to build 26 units of 2,000 teu ships. The first batch of 3 plus 3 ships are scheduled for delivery in 2013, Jinhai announced on its website on Tuesday. “Apart from winning the 2,000 teu vessels building contract, Jinhai looks forward to developing long-term cooperation with British shipowners on projects for this series of ships and others," Jinhai said. Jinhai had earlier this year won orders to build 2 plus 2 VLCCs of 320,000 dwt and 1 plus 1 bulk carriers of 81,500 dwt.
CSAV is suspending its service between Asia and the Mediterranean amid sharply declining rates on Asia-Europe trade lanes.
The Chilean carrier said Tuesday the decision was based on the “unfavorable economic environment affecting the trade between the Far East and the Mediterranean.”
CSAV said the last westbound sailing of its Mare Nostrum service would leave Xingang, China, on Wednesday.
The move follows Hanjin Shipping’s decision last month to suspend its NE5 service under the Green Alliance, formerly the CKYH alliance.
Freight rates on the Asia-Europe trade lane have been plunging since early in the year as carriers have ordered and brought in new, larger ships designed for the service.
Samsung wins drill ship order worth $1.12 billion from Maersk Drilling
South Korean shipyard Samsung Heavy Industries said Wednesday it has won a $1.12 billion deal to build two deep-water drill ships for Maersk Drilling, a subsidiary of Danish shipping giant A.P. Moller-Maersk. Samsung will by July 2014 deliver the two ships used for offshore oil and gas drilling, the firm's spokesman told AFP.