Shipbuilding. Energy. Transport

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Shipbuilding. Energy. Transport Maritime Market magazine

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"Maritime Market" - 2016

Companies news
NEVA 2017
October 25, 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.
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Global Internet service for Shipyards and Shipowners
October 24, 2016

Three new product tankers for dAmico International Shipping: fleet reaches record numbers with an investment exceeding $100 million

Oct. 24, 2016 - d’Amico International Shipping S.A., leading international company in maritime transport specialised in the product tanker market, launched three new eco-ships at the Vietnamese shipyard Hyundai Vinashin Shipyard Co. Ltd: one handysize and two medium range vessels.
The total investment for the three ships launched amounted to 104 million dollars. With the delivery of the recently launched Cielo di Salerno on 21 October, the d’Amico International Shipping fleet includes 51.8 ships. The delivery of High Wind is expected in the first half of November 2016, while High Challenge will be operative by the start of 2017.

Navig8 Product Tankers Inc. Takes Delivery of its Fourth Newbuilding Product Tanker from Guangzhou Shipyard International Company Limited

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, today (Oct. 24) announced that it has taken delivery of the Navig8 Guide, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (GSI), formerly CSSC Offshore & Marine Engineering (Group) Company Limited.

Keppel to deliver one of the worlds largest FPSOs to Bumi Armada

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver one of the world's largest Floating Production Storage and Offloading vessels (FPSO) to Bumi Armada Berhad (Bumi Armada) for operations in offshore Angola.
The naming ceremony of the FPSO, Armada Olombendo, was held at Keppel Shipyard earlier this month.
Keppel Shipyard converted a Very Large Crude Carrier (VLCC) tanker to an FPSO which measures 382 metres in length with the external turret and 58 metres in width. Armada Olombendo has a design life of 20 years and will be deployed to block 15/06 East Hub Field Development off Angola to fulfill its charter contract for the exploration and production company, Eni Angola.

Dresser-Rand business to supply turbine-generator sets for Egypt's Zohr gas field

Oct. 24, 2016 - The Dresser-Rand business received an order from Egypt-based Belayim Petroleum Company (Petrobel) for three model SGT-400 industrial gas turbines, including associated electrical generators. The total order value is in the double-digit million euros range.
Petrobel, a joint venture formed by Italian oil and gas company, Eni, and Egypt’s General Petroleum Corporation (EGPC), is developing the Zohr gas field, located about 200 kilometers off Egypt's Mediterranean coastline.
The order scope also encompasses a service package that includes spare parts supply and on-site maintenance. The turbine-generator sets are slated for delivery in early 2017.

Damen wins 13-tug order from Edison Chouest Offshore

To be built in the USA under Damen’s Technical Cooperation programme
Leading marine transportation provider and the USA’s largest operator of OSVs, Edison Chouest Offshore (ECO), has teamed up with Damen to build a total of 13 heavy duty mooring assistance and escort tugs.
These will be deployed on two major maritime projects for which ECO has recently won contracts, based in part on the use of well-proven Damen tug designs. The vessels will be built using ECO’s highly regarded network of five shipyards and Damen’s support and expertise.

ABB electrification of worlds largest emission-free ferries shortlisted for maritime award

ABB has been shortlisted for a prestigious maritime award for modernizing two vessels that will become the largest emission-free ferries in the world.  ABB received the nomination in ‘The Energy Efficiency Solution Award’ category of the 2016 Ship Efficiency Awards for its work on Tycho Brahe and Aurora.
ABB will supply the complete power and propulsion systems for the two HH Ferries Group vessels, which will become the world´s largest emission-free electric ferries. The modernizations utilize turnkey ABB solutions including batteries, an energy storage control system and Onboard DC Grid technology.
At both ends of the route ABB will supply the first automated shore-side charging stations using an ABB industrial robot, to optimize the connection time and therefore maximize the charging period.

October 22, 2016

ZPMC Helps Dubai to Create World Record Again

On October 18, three sets of world largest 3E Plus STS built by ZPMC left Changxing Branch of ZPMC for Jebel Ali T4 of Dubai.
The STS’s lifting height is up to 54 meters, its front outreach 80 meters, its back outreach 29 meters and its capacity of double spreaders 120 tons.
It is a type of STS with the largest track gauge, the longest beam, the tallest height, the largest lifting capacity built by ZPMC.

New records of the conference and exhibition Offshore Marintec Russia

The International exhibition and conference on shipbuilding and development of the Arctic and the continental shelf Offshore Marintec Russia has finished its work.
During four days of the conference 114 reports of different topics were made: shipbuilding, energy infrastructure of the coastal territories, underwater and under-ice drilling, strategic development of the Arctic, a resort and prevention of emergencies, technical means and technological complexes for development of oil and gas resources of the continental shelf.
This year more than 80 companies from Russia, China, Romania, South Korea, Poland took part in an exhibition.

U.S. Navy Commissions Newest Littoral Combat Ship

USS Detroit enters active service after ceremony on Detroit River
Oct. 22, 2016 - The U.S. Navy commissioned the nation's seventh Littoral Combat Ship (LCS) - USS Detroit (LCS 7) - on the Detroit River, officially placing the ship designed and constructed by a Lockheed Martin-led industry team into active service.
USS Detroit, the fourth Freedom-variant in the LCS class, completed acceptance trials in July and was delivered to the U.S. Navy on August 12. It joins three other Freedom-variant ships in the fleet: USS Freedom (LCS 1), USS Fort Worth (LCS 3) and USS Milwaukee (LCS 5). Collectively, Freedom-variant ships have sailed over 225,000 nautical miles and successfully completed two overseas deployments.

ClassNK wins Big Data Award at the Lloyd's List Asia Awards

Leading classification society ClassNK picked up the Lloyd's List Intelligence Big Data Award for its condition based monitoring suite ClassNK CMAXS at the 19th Lloyd’s List Asia Awards in Singapore last night.
The awards recognize successes in the Asian maritime industry, setting a benchmark for excellence while rewarding breakthrough ideas and concepts. The Lloyd's List Intelligence Big Data Award recognizes the significant potential that ‘big data’ has to transform shipping, from timely insights drawn from monitoring and forecasting of events to improved management of performance and risk.

Subsea 7 awarded contract offshore Egypt

Oct. 20, 2016 - Subsea 7 S.A. announced the award of a substantial contract, offshore Egypt, by Pharaonic Petroleum Company to be executed at water depths of over 900 metres in the Atoll field.
The contract scope includes the engineering, procurement, construction and installation of more than 40 kilometres of rigid pipelines and associated structures for the new Atoll field, tying into the existing Taurt field at a water depth of 100 metres. A 105 kilometre umbilical will also be installed linking the Atoll field to shore.

Aker Solutions to Acquire Majority Stake in Brazil's C.S.E.

Aker Solutions agreed to buy 70 percent of Brazilian C.S.E. Mecânica e Instrumentação Ltda, building on a strategy to expand its services business in key international markets.
The agreement includes an option to purchase the remaining 30 percent of the company three years after the expected close of the transaction by the end of the first quarter of 2017. The parties agreed to not disclose the purchase price.
The acquisition gives Aker Solutions access to Brazil's growing market for servicing existing oil and gas fields. C.S.E., which had revenue of BRL 322 million in 2015, provides maintenance, assembly, commissioning and crane operation services at offshore and onshore facilities.

October 20, 2016

Skangas awarded framework agreement with Statoil

Skangas has entered into an agreement with Statoil for delivery of liquefied natural gas (LNG) fuel for their platform supply vessels (PSV). The LNG will be delivered to several bases along the Norwegian west coast by ship.
Skangas will in addition deliver LNG to Statoil’s tugs at Kårstø. The agreement is valid from 1 April 2017 until the end of 2020 with an option for two plus two years. The supply bases are located at Mongstad, Florø (Saga Fjordbase) and Kristiansund (Vestbase).
The agreement between Statoil and Skangas was a result of a comprehensive tendering process involving several LNG suppliers in the Norwegian market.

Industry news
IMDS 2017
October 24, 2016

Global CEOs urge shipyards to address overcapacity

Leading executives from major shipyards in five global powerhouses - Japan, Europe, China, Korea and the US - painted a gloomy picture of the global shipbuilding industry, urging players to address a supply glut.

Global Shipbuilding Market: Size, Trends and Forecasts (2016-2020)

The report titled "Global Shipbuilding Market: Size, Trends and Forecasts (2016-2020)" provides an in-depth analysis of the global shipbuilding market with detailed analysis of market size and growth, market share and economic impact of the industry.
The report also provides market size of each of the segments of the market on the basis of the types of ships.

Russia's Podmoskovye project 667BDRM sub undergoes sea trials after upgrade

Russia’s special purpose nuclear powered submarine The Podmoskovye is undergoing sea trials after repairs and upgrade, the repair shipyards Zvyozdochka, in Severodvinsk.

Russia oil minister signals cooperation with Saudis on price

Russia's oil minister signaled possible cooperation with Saudi Arabia at a meeting with his Gulf Arab counterparts in Riyadh on Sunday (Oct. 23), as the kingdom seeks to convince major oil producing countries to cut production in order to increase prices.

October 21, 2016

Ambitious Antarctic Research Project Launches From Russian Port

An ambitious new project involving more than 50 researchers from 30 countries will attempt the first full circumnavigation of Antarctica to measure pollution and climate change.
The international team will travel on the Russian research vessel Akademik Treshnikov, which left its home port of Arkhangelsk in the Russian arctic on October 19.
The main stage of the expedition will leave South Africa's Cape Town on December 20 and return on March 18, braving turbulent weather and hostile conditions in the Southern Ocean.
The Antarctic Circumpolar Expedition will be the first scientific mission to study all the major islands in the vast ocean, as well as the Antarctic land mass, both of which are less well known to scientists than the Arctic.

Russian shipbuilders for Vizag; Putin-Modi pact to usher investment

An agreement signed by Prime Minister Narendra Modi and Russian President Vladimir Putin on shipbuilding is expected to usher in Russian investments to Vizag.
Under the agreement, signed on the sidelines of the BRICS summit in Goa, Russian shipbuilding major United Shipbuilding Corporation (USC) may explore the option of a joint venture with HSL on manufacturing their orders.
Vizag was chosen by USC for its good sea, road and air connectivity. USC will make Vizag its manufacturing hub and also export products to other countries. USC is a Russian government-owned entity.

ABG Shipyard may sell controlling stake to Russian firm

As on March 31, ABG Shipyard's debt stood at about Rs 16,000 crore
Debt-laden ABG Shipyard would soon get a new owner as promoters of the company are in advance talks with a Russian shipbuilder for sale of controlling stake.

S. Korean institutional investors to invest $443 mn in KNOCs shale gas development in U.S

State-owned Korea National Oil Corporation (KNOC) is expected to tap about 500 billion won ($443.5 million) worth funds from major South Korean financial institutions to additionally invest in shale gas development in the United States that has recently started to ramp up the pace.

Russias gas pipeline plans threaten European unity

Gazprom’s Nord Stream 2 is a test of EU credibility, which Poland is determined to defend
In August, subsidiaries of several western companies - Eon, Engie, OMV, Shell and Wintershall - decided not to participate in Gazprom’s Nord Stream 2. The consortium, led by the Russian state-owned gas monopoly, was established to design, finance, build and operate two additional strings of the undersea gas pipeline between Russia and Germany.

October 19, 2016

Essar Oil divestment at $13 bn is the biggest so far

In fact, since the last two years several domestic companies have resorted to selling their assets to reduce debt.
The Essar Group on October 15 sealed a $13-billion deal to sell its 98% stake in Essar Oil and related infrastructure to a consortium led by Russia’s Rosneft, calling it a part of its strategy to build and nurture businesses and then to monetise its assets, to deleverage. Essar’s divestment is the biggest so far but it is not the first company to do so.

Mitsubishi Heavy to scale down shipbuilding business

Mitsubishi Heavy Industries Ltd. said it will scale down its shipbuilding operations by withdrawing from the money-losing large passenger ship business.
The company said Tuesday (Oct. 18) it will concentrate on building small- and medium-size passenger vessels and passenger-cargo ferries, and is considering spinning off that business.
It said it is already in talks on an alliance in the field with Imabari Shipbuilding Co., Oshima Shipbuilding Co. and Namura Shipbuilding Co.
Mitsubishi Heavy said it plans to make a final decision on the possible alliance by the end of the fiscal year.

October 18, 2016

India, Russia Discuss US$25 Billion Gas Pipeline

India and Russia are studying the construction of a gas pipeline to transport Russian gas from Siberia to India, over 2,800-3,700 miles. The value of this giant infrastructure project is estimated at up to US$25 billion. A memorandum of understanding was signed by state company Engineers India Ltd. and Gazprom on Saturday (Oct. 15).
The length of the pipeline would vary depending on the route that will be chosen, should the two nations agree to go ahead with the project. If the partners choose the route through the Himalayas and into northern India, it will be the shortest one.
The two other alternatives are building it through Central Asia, Iran and Pakistan, to western India, or - the longest route - through China and Myanmar. It’s the longest route that has been estimated to cost the US$25 billion.

Southern Gas Corridor remains priority for EU

The European Union’s policy towards the Southern Gas Corridor (SGC) project remains unchanged, the European Commission press service told Trend commenting on the SGC project’s importance as compared to the Turkish Stream project.
The SGC project is still a priority for the EU’s diversification and energy security strategy, the European Commission said.
The European Commission didn’t give any comment on the importance of the Turkish Stream for the future of Europe’s energy security.

Poland turns to Norwegian gas to trump Russia

Oslo warns that the pipeline first needs to make business sense
Increased tensions with Russia over its plans to build the Nord Stream 2 gas pipeline to Germany is pushing Poland to revive a stalled pipeline project with Norway.
Warsaw’s main goal is to find other gas suppliers when its current contract with Russia’s Gazprom expires in 2022.

Ships' CO2 emissions is a task for the UN

Oct. 14. 2016 - The European Parliament's Industry Committee gave its support to the maritime climate impact having to be regulated in the UN. The Committee therefore voted against the inclusion of shipping in the EU Quota Trading System.
A vote in the committee resulted in a majority agreeing that shipping should be regulated globally and therefore not be included in the EU system.

Coming Events
Maritime Vortal
December, 2016

Saudi Transtec 2016

Dec. 5-7, 2016 • Dammam, Saudi Arabia

INMEX China 2016

Dec. 7-9, 2016 • Guangzhou, China

Direct Email
January, 2017

Euromaritime 2017

Jan.31 - Feb.2, 2017 • Paris, France

March, 2017

Fujairah Bunkering & Fuel Oil Forum

March 27-29, 2017 • Fujairah, UAE

April, 2017

TransRussia 2017

April 18-20, 2017 • Moscow, Russia

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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