Shipbuilding. Energy. Transport

On-line supplement
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Shipbuilding. Energy. Transport Maritime Market magazine

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"Maritime Market" - 2016

Companies news
NEVA 2017
October 01, 2016

Media Kit 2017

Maritime Market #4(58), December 2016

New issue of "Maritime Market" #4(58) is preparing. Advertisement orders are accepted until November 21, 2016.
The magazine invites companies to conclude advertising contracts for 2017.
LINK Publisher: tel. +48 91 462 34 14

Global Internet service for Shipyards and Shipowners
September 30, 2016

Multi-faceted SMM Conference Programme Attracts Numerous Visitors

With a broad range of topics and top-flight speakers, the four conferences held during SMM, the leading international maritime trade fair - the Maritime Future Summit, gmec, MS&D and Offshore Dialogue - featured distinguished expert lecturers and delivered fresh ideas.
The Maritime Career Market on the last day of the fair opened up promising perspectives, not just for young jobseekers.

The world´s first LNG-powered icebreaker Polaris delivered

Arctech Helsinki Shipyard (is owned by Russian USC) delivered the most powerful newcomer in the Finnish Icebreaker fleet, icebreaker Polaris, to the Finnish Transport Agency on September 28th, 2016. The Finnish Transport Agency handed the vessel over to Arctia Icebreaking Oy.
The prototype vessel built at Helsinki Shipyard is designed to serve for at least 50 years in icebreaking, oil recovery and sea rescue operations. Previous time an Finnish icebreaker with similar size range was completed in year 1994.

ZPMC Aids COSCO Shipping Piraeus Port to Break Records of Throughput

According to the report of The Daily of Greece on September 16, COSCO Shipping Corporation Group Limited (COSCO Shipping for short) breaks records of container throughput at the Port of Piraeus successively, which consolidates the Port of Piraeus as the main overseas business pillar of COSCO Shipping.
Behind this result, ZPMC’s port machinery products contributed a lot to the performance of the Port of Piraeus. ZPMC has provided 23 sets STS and 16 sets of RMG for the port, including 5 sets of dual-lifting STS.

Unique Dynamic Lighting system by Wärtsilä Funa creates a special look for Dream Cruise's stunning new cruise ship

Wärtsilä is supplying a special external lighting system for a new cruise ship currently under construction at the Meyer Werft shipyard in Papenburg, Germany.
The 150,000 GRT vessel, the “Genting Dream”, has been ordered by Dream Cruises, part of Genting Hong Kong, a global leisure company, based in Asia. The ship will be delivered in October. The order with Wärtsilä was placed in the first quarter of 2016.

September 29, 2016

MacGregor acquires majority shares of Flintstone Technology Ltd. to further strengthen its advanced technology offering in offshore solutions

MacGregor, part of Cargotec, has acquired 51% of the shares of the privately owned company Flintstone Technology Ltd. 
Flintstone is a small and dynamic company specialising in advanced technology and innovative products primarily within the mooring and fluid handling business. The deal was closed on 22 September 2016.

Huntington Ingalls Industries Awarded Navy Contract for Submarine Repair Work

Huntington Ingalls Industries announced today (Sept. 29) that its Newport News Shipbuilding division was awarded a multiple-award indefinite delivery, indefinite quantity contract to assist with repairs on in-service, nuclear-powered submarines, special mission submersibles, moored training ships and submarine support facilities.
This contract has a cumulative ceiling value of $400 million and is valid through Sept. 30, 2021.

Wärtsilä to introduce modular load resistors

Wärtsilä announces the launch of its new Jovyload Concept, a portfolio of modularised load resistors. The modular kit format allows customers to select the load resistor according to the precise needs of the required application.
The flexible concept offers a wide selection of components, various mobile and stationary designs, and a broad range of control units to choose from.

LR contracted to class Federal German seagoing fleet

The WSV (Federal Waterways and Shipping Administration) represented by the Waterways and Shipping Agency (WSA) Bremen, a branch of the German government, is transferring 67 ships into Lloyd’s Register (LR) class to support the seagoing fleet of vessels owned by the German Authorities.
Following a successful tender for vessels under the departments of the Local Offices for Waterways and Shipping along the German Coast, the Federal Maritime and Hydrographic Agency, Federal Police and the Federal Customs, Lloyd’s Register EMEA in Germany is to class the fleet from 1 January 2017 under a five year block fee arrangement.

Glander International Bunkering boosts its global footprint by merging with Scandinavian Bunkering AS

Glander International Bunkering, one of the industry’s oldest bunker trading and brokering firms, is pleased to announce that the group has merged with the Norwegian company Scandinavian Bunkering AS.
Scandinavian Bunkering AS. was established in 1993 and as of September 26th 2016 the company will change its name and rebrand to Glander International Bunkering (Norway) AS.

Union Maritime secures industrys first pay as you clean emissions control deal

Union Maritime Ltd (UML) - one of the UK’s largest independent ship owner/operators has secured an innovative deal to pay for an emissions control system through the cost savings it delivers.
This agreement is the very first of its kind and has been made with Pacific Green Technologies Marine Ltd (PGTM).
The arrangement involves PGTM fitting its ENVI-MarineTM emissions control system (scrubber) worth US$1,995,000 free of charge to Union Maritime’s 13,000dwt chemical tanker ‘Westminster’ in the first quarter of 2017.

Methanol Carrier the Manchac Sun Delivered

New Vessel Features Dual-fueled, Low-rev Main Engine Using Methanol and Fuel Oil
Mitsui O.S.K. Lines, Ltd. (MOL) today announced the delivery of the 50,000 DWT methanol carrier Manchac Sun at Minaminippon Shipbuilding Co., Ltd. on September 28.
The Manchac Sun stands as a cutting-edge "eco-ship" as one of the world's first series of the vessels equipped with 2-stroke dual-fueled low-rev main engine capable of running on methanol which is a biodegradable clean burning marine fuel.

September 28, 2016

Cargotec is part of the world's first ecosystem initiative for autonomous ships

Cargotec, together with leading maritime industry and ICT companies, will establish world's first ecosystem aimed at creating autonomous marine transport system to the Baltic Sea by 2025.
The initiative is largely financed by Tekes, the Finnish Funding Agency for innovation. In addition to Cargotec, the main investing companies are Ericsson, Meyer Turku, Rolls-Royce, Tieto and Wärtsilä. The ecosystem platform is being handled by DIMECC, a leading co-creation ecosystem provider.

Damen repeats multiple vessel transport strategy

SAL Heavy Lift MV Svenja loaded with built-for-stock Stan Pontoons and Tugs
Just down river from Damen Song Cam Shipyard, SAL Heavy Lift’s MV Svenja departed from Halong Bay loaded with 14 vessels.
The shipment consists primarily of built-for-stock vessels - Stan Pontoons and Tugs - which will be available for immediate purchase on arrival in Rotterdam in October.

Industry news
IMDS 2017
September 30, 2016

India Approves $3 Billion Stake Purchase in Russian Oil Fields

Consortium of Indian state-run oil firms to buy stake in Vankor and Taas-Yuryakh oil fields.

US LNG cargo lands in Turkey, first market with direct Russian competition

Submarine Market Worth $36.3B by 2026 Growing at 4.74% CAGR adds "The Global Submarine Market 2016-2026" as well as "The Global Military Rotorcraft Market 2016-2026" research studies published in 2016 to the growing database of its Public Sector business intelligence collection.

September 28, 2016

Eavesdropping Norway Rolls Out Two New Spy Ships

The Nordic states have been pouring billions into their militaries, citing an imaginary Russian "threat."
For the first time in history, Norway possesses two spy ships due to an unprecedented measure. It insists these are necessary due to Russia's accumulation of forces and increased activity in the North.

Vyborg Shipyard lays down port icebreaker Ob for Sabetta

On 27 September 2016, Vyborg Shipyard (Leningrad Region) laid down port icebreaker Ob for FSUE Atomflot.
12 MW icebreaker of Project Aker ARC 124 (ice class Icebreaker7) will be able to operate efficiently in 1.5-meter thick level ice at 2 knots and achieve at a speed of 4 knots in 5-meter thick consolidated brash ice.
The icebreaker will be owned and operated by FSUE Atomflot under a package contract on escorting of vessels and servicing of the water area at port Sabetta within the framework of Yamal LNG project. The contract signed in November 2014 covers the period up to December 31, 2040.

Maersk May Target Hanjin, Hyundai in New Acquisition Plan

A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd.

Okskaya Sudoverf shipyard launches Project 21270 boat for RF Ministry of Defence

On September 27, 2016, Okskaya Sudoverf shipyard launched the service and crew boat of Project 21270 for the Ministry of Defence of the Russian Federation.
The vessel designed by Central Marine Design Bureau “Almaz” will operate in the Black Sea, in the coastal maritime zone staying within 50 miles from a place of shelter. The boat is to be used as a service launch and will be also deployed for inspecting the parades of RF Navy.

September 26, 2016

Gazprom looks to expand LNG output in Russian Far East

Russian state-run gas major Gazprom plans to build a new liquefied natural gas platform at its Sakhalin-2 development project with an eye on boosting exports to Japan, Deputy Chairman Alexander Medvedev said in Moscow.
The platform, which may receive final approval next year with the goal of starting production in 2022, could boost Japanese and Russian efforts to strengthen economic ties under an eight-point plan presented by Tokyo.
Gazprom works with Royal Dutch Shell and Japanese trading houses Mitsui & Co. and Mitsubishi Corp. on the Sakhalin-2 oil and gas project, with LNG production beginning in 2009 mainly for export to Japan.

South Korean Firms Plan to Invest $40Mln in Russia's Priority Development Areas

According to Far East Development Ministry, South Korean companies plan to invest 2.6 billion rubles ($40 million) in priority development areas (PDAs) in the Russian Far East and the Free Port of Vladivostok.

World Submarine Battery Market Growth to 2020 led by China

The global submarine battery market report says increased demand from China will be a key trend for market growth. China's demand for submarines has been growing owing to the country's Taiwan dilemma.
Resolving this issue has been the prime concern of the People's Liberation Army (PLA). Due to this, PLA Navy's (PLAN) prioritized heavily on the construction of Type-39A Yuan class conventional submarines (SSK).
Between 2010 and 2011, PLAN launched 8 Yuan-class submarines and in 2012, they laid down five new Yuan-class. Currently, there are 13 Yuan-class in service, and seven more are in the construction phase. Within the next 5-8 years, APAC will have approximately 82 submarines.

Cosco aims for top 30 global boxport status for Piraeus

Container traffic overseen by China's Cosco in the Greek port of Piraeus continues on its record breaking way, further consolidating its position as the main pillar of the Chinese group’s overseas activity and the port’s new owner intends to build on this.
Piraeus port’s new md, Fu Cheng Qiu, has set out his target for Greece’s biggest port to be placed among the world’s 30 largest container hubs.
Fu told Reuters the terminal operator, Cosco Shipping Ports (CSP), plans to increase container volume in Piraeus 35% by 2018 to 5m teu, under its plan to turn Greece into a transhipment hub for rapidly growing trade between Asia and Eastern Europe.

September 23, 2016

Ice-class heavy lifters were designed and built in two years

A massive energy project in the Arctic Circle has seen a unique class of Polar Class 3 heavy transport vessels designed, built and enter service to meet a schedule some regarded as impossible
At US$27 billion, the Yamal liquefied natural gas (LNG) project is a massive one by anybody’s standards, but the fact that it is above the Arctic Circle only makes it more remarkable.
Located at Sabetta on the Yamal Peninsula in northern Russia, the new facility will produce and export Russian LNG from vast reserves in the Russian Arctic to Europe and Asia with transport via the Northern Sea Route. Yamal LNG is due to export its first LNG exports to Asian Markets in 2017.

Russian shipyard completes equipping Arktika icebreaker with nuclear reactors

Russia’s Baltic Shipyard completed erecting of the RITM-200 reactor units at the Arktika icebreaker having equipped the vessel with a second steam generating unit - a key stage of the vessel’s construction, the plant said on Tuesday (Sept. 20).

No Artificial Plan for Merger, Abolition of Shipbuilding, Steel and Petrochemical Companies

The government mapped out a restructuring plan to give financial and tax support to self-restructuring companies without the artificial merger and abolition of shipbuilding, steel and petrochemical companies.
With an eye towards inducing R&D and M&A, the government is planning to make good use of the Korea Development Bank’s financial power.

September 22, 2016

Maersk Ends Mega-Ship Building Era With New Acquisition Plans

The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.
A.P. Moeller-Maersk A/S, whose Maersk Line unit has repeatedly broken the world records it has regularly set in mega container ships developed with Asian ship yards, “is done with ordering new steel,” Chairman Michael Pram Rasmussen told Bloomberg at the the company’s Copenhagen headquarters.

Coming Events
Maritime Vortal
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


Oct. 18-21, 2016 • Kish Island, Iran

Shiptec China 2016

Oct. 25-28, 2016 • Dalian, China

Danish Maritime Fair

Oct. 25-27, 2016 • Copenhagen, Denmark

Direct Email
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. 11-13, 2017 • Gdańsk, Poland


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

October, 2017

INMEX SMM India 2017

Oct. 3-5, 2017 • Mumbai, India

November, 2017

Europort 2017

Nov. 7-10, 2017 • Rotterdam, Netherlands

[Complete List]

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