Shipbuilding. Energy. Transport
SMM 2016

On-line supplement
to the Maritime Market magazine

Shipbuilding. Energy. Transport Maritime Market magazine

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July 23, 2016

Maritime Market #3(57), September 2016

New issue of "Maritime Market" #3(57) is preparing. Advertisement orders are accepted until Aug. 21, 2016.
The magazine will be distributed on the exhibitions Offshore Marintec Russia, TRANSTEC (St.Petersburg, Russia).
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July 22, 2016

Keppel Singmarine to build dredgers worth $100 million

Keppel Offshore & Marine Ltd's wholly owned subsidiary Keppel Singmarine Pte Ltd has secured contracts from Jan De Nul Group to build three Trailing Suction Hopper Dredgers (TSHDs). The TSHDs are worth about S$100 million in total.
The first two dredgers are expected to be completed in 2H 2018 while construction of the third dredger will require a notice within six months from Jan De Nul to exercise the option for the dredger.
To be built to Jan De Nul's design, the dredgers will be able to dredge to a maximum depth of 27.6m, and have a hopper capacity of 3,500 m3. The two dredgers will be built to the requirements of classification society, Bureau Veritas, in Keppel Nantong Shipyard, a subsidiary of Keppel O&M.

New hybrid UK ferry will feature a broad range of Wärtsilä solutions for environmental efficiency

A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink, will feature a comprehensive range of modern Wärtsilä equipment and systems to ensure a high level of environmental efficiency.
In addition to conventional fuel, the new vessel will be the first ferry to utilise Wärtsilä hybrid battery technology to improve efficiency, reduce the exhaust emissions and lower the noise level.

Total signs long-term agreement to supply LNG to Japanĺs Chugoku Electric

July 22, 2016 - Total has signed a binding Heads of Agreement with Chugoku Electric for the direct supply of liquefied natural gas (LNG) for a period of 17 years starting from 2019.
Under the agreement, Total will supply Chugoku Electric with up to 0.4 million tons of LNG per year (Mt/y) sourced from the company’s global portfolio.
Total’s objective is to double its liquefaction capacity to around 20 Mt/y and increase its LNG trading portfolio to 15 Mt/y by 2020.

RINA closes 100% acquisition of Edif Group

RINA S.p.A, the holding company of the multinational testing, inspection, certification and consulting engineering group based in Genoa, Italy, is pleased to announce that it has closed its acquisition of the entire share capital of Edif Group Limited for £118.5 million (around €151 million).

Navig8 Chemical Tankers Inc. Takes Delivery of its Second 49,000 DWT IMO2 Interline-Coated Chemical Tanker from STX Offshore & Shipbuilding Co., Ltd.

July 22, 2016 - Navig8 Chemical Tankers Inc., an international shipping company focused on the transportation of chemicals, today announced that it has taken delivery of the Navig8 Topaz, a 49,000 DWT IMO2 Interline-coated chemical tanker, from STX Offshore & Shipbuilding Co., Ltd..

July 21, 2016

Wärtsilä optimises Eckeröĺs engine performance with customised service package

Wärtsilä and Rederiaktiebolaget Eckerö have extended their long-term maintenance agreement for Eckerö’s entire fleet of five vessels. Wärtsilä is providing leading digital maintenance concepts to meet the customer’s needs.
The five-year agreement between Wärtsilä and Rederiaktiebolaget Eckerö covers five vessels. One of the vessels has been fitted with the Wärtsilä Condition based monitoring system, which provides data to enable dynamic maintenance planning.

TCM implements Tanker Competence and Promotion Management System through Seagull's Competence Manager platform

Tsakos Columbia Shipmanagement (TCM) S.A. has strengthened its collaboration with Seagull Maritime AS to bring its in-house ‘Tanker Competence and Promotion Management System’ (TCPMS) to its fleet of fifty-five tanker vessels through Seagull’s Competence Manager.
Available both onboard and online, Seagull’s Competence Manager is a versatile component of the ‘Seagull Training Administrator’, allowing shipping companies to monitor the career development of their seafarers and dynamically implement competence and promotion requirements. It works in conjunction with Seagull’s extensive reports and statistics on the existing e-learning material onboard.

INTERSCHALT expands service network in South America

July 21, 2016 - INTERSCHALT maritime systems GmbH, a provider of services for communications, navigation and bridge equipment and the maker of voyage data recorder systems, has expanded its service network in South America through the addition of ITEC Electronica Maritima S.A.S, Colombia, and Telnav Telecomunicacoes Navais, Macaé, Brazil.

Fire-fighting ASD 2810 Tugs sail to Argentina

At the end of June, two Damen ASD Tugs 2810 set sail from Damen Shipyards Galati in Romania to Puerto General de San Martin (Argentina) for towing, mooring, and fire-fighting operations in the Argentinian region around Rosario on the Paraná river. Built at Damen Galati Shipyards (Romania), the vessels will be delivered on time, having met the expectations of Cooperativa De Trabajos Portuarios Limitada de San Martín.
This was a first-time order for the Argentinian company who also purchased a Cutter Suction Dredger 500 from Damen Dredging Equipment, which is also on its way by means of a cargo vessel.

Naming ceremonies Gudali Express and VOS Passion held in China

In a hot and festive celebration, held earlier this week, Monday 18 July 2016, at Cosco Shipyard in Guangdong, China two of Vroon’s newbuilding vessels were named.
Livestock carrier Gudali Express was christened by Mrs. Stacey Stanton, wife of Michael Stanton, Managing Director International Livestock Export. VOS Passion, a PX121-type platform-supply vessel (PSV), was christened by Mrs. Mireille Vroon, wife of Vroon Group Managing Director, Coco Vroon.
In their own unique markets, both these vessels are at the very forefront when it comes to new design and technology ensuring optimal fuel efficiency and maximum comfort on board, be it for crew, clients or cargo – in the case of our livestock carriers.

General Dynamics NASSCO-Norfolk Awarded $42 Million for USS Oak Hill Modification

July 21, 2016 - General Dynamics NASSCO-Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51).
NASSCO-Norfolk will provide ship repair services including engine replacement/repairs, ballast tank preservation, habitability upgrades and close-in weapons system repairs. Work will be performed in Norfolk and is expected to be completed by April 2017.

July 20, 2016

WWL adds MV Themis to its fleet of Neo-Panamax vessels

50% of the company’s newbuilding order now complete
Themis is Wallenius Wilhelmsen Logistics’ (WWL) fourth Neo-Panamax class vessel, which means it is built for the expanded Panama Canal inaugurated June 26.
Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long, 36.5 metres wide and features five liftable car decks, allowing for multiple configurations and a wide variety of customer cargo. The vessel can transport up to 8,000 car equivalent units.
With the new draft, she can call ports with shallower depths, increasing her geographical scope of service. With the launch of Themis, WWL is now half way into the newbuilding order totalling eight new RoRo vessels commencing service between 2015 and 2017.

V.F. Tanker has summarized the results of the first half of the year 2016

Based on the results of the first six months of 2016, the total volume of cargo carried by V.F. Tanker Ltd. (part of UCL Holding) made 2.1 mln ton, which exceeds by 27% the last year’s figure for the same period.
A total of about 45 self-propelled vessels and 10 barge towing trains operated under the management of V.F. Tanker Ltd. during the accounting period.

52 MW of ABB Azipod propulsion power destined for South Korea

Pictured at Vuosaari habour on the outskirts of Helsinki, these four Azipod units are destined for shipyards in South Korea - a journey which will take approximately one month. The four thrusters have a combined power of 52 MW and will be fitted to an LNG tanker for the Yamal project and an arctic oil tanker.
ABB is celebrating the 25th anniversary of the first installation of an Azipod unit, which has gone on to lead the podded electric propulsion market.  During a quarter of a century of service the thrusters have clocked up more than 12 million hours of running time, helping save the maritime industry 700 000 tons of fuel.

Industry news
IMDS 2017
July 21, 2016

Keel-Laying of Russia's Second Nuclear-Powered Ural Icebreaker Set for July

The keel-laying of Russia’s second serial project 22220 nuclear-powered icebreaker Ural will take place in St. Petersburg on July 25, 2016.
The shipyard is contracted by the Atomflot Federal State Unitary Enterprise to build three project 22220 nuclear icebreakers. The lead ship, the Arktika, was launched on June 16. The first icebreaker, the Sibir, was laid down on May 6, 2015.

Fincantieri first-half net profit lifted by shipbuilding segment

Group reaffirms guidance for 2016 with revenue growth forecast at 4%-6% year on year
ITALY-based shipbuilder Fincantieri posted a €5m ($5.51) net profit for the first half of 2016 versus a €19m net loss a year ago as demand for cruise vessels remained strong.

Report: Iran Ordering USD 2.4 Bn Worth of Ships in Korea

Iran has been linked to shipbuilding orders worth up to USD 2.4 billion at South Korean yards, providing them with the much-needed boost as they scramble for new orders.
Specifically, Islamic Republic of Iran Shipping Lines (IRISL) and oil producer Iranian Offshore Oil Co. (IOOC) are said to have reached preliminary agreements with Korean shipbuilding majors for which Iranian firms are yet to secure required financing.

Shipbuilding, Construction Orders from Overseas Plummet

Korean construction firms and shipbuilder alike are facing a historic dearth in orders from overseas as they teeter on the brink of insolvency.
Overseas orders have been the mainstay of both industries, but now the global slump compounded by falling oil prices is threatening their very existence.
For example, Samsung Heavy Industries, one of Korea's top three shipbuilders, has yet to win a single overseas order this year.
The last order was in October 2015 for four oil tankers from Malaysia's AET for US$200 million. No such dearth has been seen since 2009.

Saudi Aramco signs contracts to build $13bn Fadhili gas project

India and US Agree to Enhance Cooperation at Sea

India and the US have agreed to strengthen their cooperation in the maritime sector during Shipping Minister Nitin Gadkari’s visit to the US
India and the United States have agreed to deepen the scope of their cooperation in the maritime sector with the American ports showing a keen interest in comprehensive port-led development, especially the Sagarmala project.

July 20, 2016

Russia offers nuclear aircraft carrier to India

India offered a Project 23000E Storm aircraft carrier
Russia has offered India the joint construction of a nuclear-powered aircraft carrier, according to a source in the Indian Navy.

Eni Ĺnears Samsung FLNG orderĺ

Eni is closing in on an order for a floating liquefied natural gas unit in South Korea, according to reports, with its likely destination to be off Mozambique.
The Italian major will in October firm up an order at Samsung Heavy Industries for a total project cost of $5.4 billion.
The FLNG contract is going to a consortium including France’s Technip and JGC of Japan.

July 19, 2016

Saudi Arabia Plans Shipbuilding Complex to Support Oil Exports

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient capacity for exporting oil, Energy Minister Khalid Al-Falih said Sunday (July 17).
The country, the world’s largest oil-producing nation, eventually will have a shipping fleet that will match its oil capabilities, Al-Falih said in Riyadh. Saudi Arabian Oil Co., or Aramco, will need more tankers to meet global demand, he told reporters.

India: Shipbuilding set to get a big push

The decision taken by the Ministry of Shipping to implement Shipbuilding Financial Assistance Policy will give a big push to indigenisation and shipbuilding as part of the ‘Make in India’ programme.
Experts express satisfaction over finalisation of guidelines for implementation of the policy – a long pending demand of the industry. Almost 90 per cent of the Indian trade is handled by the vessels carrying foreign flags.
An institutional mechanism has been created within the ministry for redressal of grievances arising out of issues related to the implementation of the policy. The policy approved by the Union Cabinet in December last will provide financial assistance to Indian shipyards for shipbuilding contracts signed between April 1, 2016 and March 31, 2026.

Hapag-Lloyd and UASC Pen Business Combination Agreement

German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) have reached an agreement on the terms and conditions of a Business Combination Agreement (BCA) providing for the contribution of all shares in UASC to Hapag-Lloyd.

Rosneft Wants to Break Gazprom Monopoly

Rosneft wants to break the monopoly of Gazprom to export gas via pipelines, signaling a flare-up between powerful clans, sources said.
In a sign of Sechin's rising clout, Rosneft and Russia's largest nonstate gas producer Novatek have already secured rights to export seaborne liquefied natural gas, reversing a 2006 law that gave Gazprom a monopoly on gas exports.
Gazprom still holds the exclusive rights to ship Russian gas abroad via pipelines, which connect vast Siberian gas fields with European clients. It meets 30 percent of gas demand in the European Union.

DSME to resume US$2.7b Kazakhstan oil facility project

After two years of deadlock, Daewoo Shipbuilding and Marine Engineering is expected to resume the suspended construction of a crude oil production facility in Kazakhstan within the year.

July 16, 2016

Shipbuildingĺs ĹFatal Attractionĺ - A Dramatic Affair?

Down the years, shipbuilders have always entered and exited the business as cycles have progressed, but over the past decade developments have been dramatic, says Clarksons Research.

China shipyards new orders spike 44.7% in first half

Newbuilding orders at Chinese shipyards have jumped in the first half of this year compared to the same period of 2015, according to figures released by the ministry of industry and information technology.

Coming Events
Maritime Vortal
September, 2016


Sept. 6-9, 2016 • Hamburg, Germany

Digital Ship during SMM

Sept. 8, 2016 • Hamburg, Germany

The Maritime CIO Forum Rotterdam

Sept. 29, 2016 • Rotterdam, Netherlands

Direct Email
October, 2016

Offshore Marintec Russia

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


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

The Maritime CIO Forum Singapore

Oct. 13, 2016 • Singapore

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

Saudi Transtec 2016

Dec. 5-7, 2016 • Dammam, Saudi Arabia

INMEX China 2016

Dec. 7-9, 2016 • Guangzhou, China

January, 2017

Euromaritime 2017

Jan.31 - Feb.2, 2017 • Paris, France

March, 2017

Fujairah Bunkering & Fuel Oil Forum

March 27-29, 2017 • Fujairah, UAE

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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