Shipbuilding. Energy. Transport

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

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Companies news
NEVA 2017
January 18, 2017

Maritime Market #1(59), March 2017

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January 17, 2017

WinGD and Propulsion Analytics cooperate on 2-stroke digitisation

In a new collaboration, large 2-stroke engine designer and developer Winterthur Gas & Diesel (WinGD) has taken a decisive step towards a future where the acquisition and evaluation of real-time propulsion operating data will play a crucial role in both engine operation and on-board support.
Signed on 16 December 2016, an agreement with ship performance monitoring specialist Propulsion Analytics of Piraeus, Greece calls for the joint development of an advanced diagnostics system for all WinGD 2-stroke diesel and dual-fuel engines.

VARD signs Letter Of Intent with international cruise company

Vard Holdings Limited (VARD), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that it has signed a Letter of Intent (LOI) for the design and construction of an expedition cruise vessel for an undisclosed international cruise company.
Developed in close cooperation with the customer, the luxury vessel will be about 145 meters long and 20 meters wide, with accommodation for 220 passengers. The hull of the vessel will be built by VARD’s shipyard in Tulcea, Romania. Delivery is scheduled from one of VARD’s Norwegian yards in 2019.
The contract price is expected to be approximately NOK 1 billion. The parties have a common intention to enter into a firm contract within 1Q 2017, subject to several conditions being met, including satisfactory financing.

Subsea 7 announces offer for Seaway Heavy Lifting

Jan. 17, 2017 - Subsea 7 S.A today announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding Limited currently owned by K&S Baltic Offshore (Cyprus) Limited. The terms of the offer are binding on Subsea 7 until 1 July 2017.
During this period the Works Council representing the employees of Seaway Heavy Lifting in the Netherlands will be consulted in compliance with Dutch law.

First TTS shipset delivered to COSCO/Shanghai Shipyard

TTS Group is proud to announce the delivery of the first of four shipset of TTS deck equipment to COSCO / Shanghai Shipyard
In April 2015, Shanghai Shipyard Co. Ltd., part of the China State Shipbuilding Corporation (CSSC), ordered various TTS deck equipment for four 28.000 DWT Multipurpose Heavy Lift Vessels. The first official hand over took place this week end.

Peter Döhle turns to MacGregor for 70-ship service agreement deal

MacGregor, part of Cargotec, has signed a three-year MacGregor Onboard Care (MOC) service agreement with the German shipping company, Peter Döhle Schiffahrts Group, for an annual inspection of deck machinery, steering gear and cranes on a mixed fleet of 70 vessels. The agreement became effective as of 1 January 2017.

Boskalis receives LOI for EUR 480 million port development project in Oman

Royal Boskalis Westminster N.V. (Boskalis) has received a Letter of Intent to Award a contract for the development of the port of Duqm in Oman. The contract with a value of approximately EUR 480 million will be awarded by Sezad (Special Economic Zone Authority Duqm). The final award is subject to Sezad satisfying certain conditions.
Based on the current expectations, the design activities are due to commence in the coming weeks and equipment will be mobilized mid-2017. The project is expected to be completed in 2020.

January 16, 2017

Royal IHC launches demes lng-powered TSHD SCHELDT RIVER

The launch ceremony of DEME’s 7,950m3 dual fuel trailing suction hopper dredger (TSHD)  –SCHELDT RIVER – took place on 14 January at Royal IHC's shipyard in Krimpen aan den IJssel, The Netherlands.
“After the successful launch of the world’s first LNG-powered hopper MINERVA on 3 December, I am delighted to see SCHELDT RIVER – the second IHC-built TSHD capable of operating on LNG – nearing completion,” says IHC's Executive Director Shipbuilding, Arjan Klijnsoon. “To further optimise fuel consumption and reduce emissions, IHC has equipped this vessel with new innovations, driven by market developments and customer demand.”

Port of Nansha owner Guangzhou Port Group expand offices into Europe

After the succesful launch of the partnership with Guangzhou Port America LLC one year ago, Guangzhou Port Group is extending its network of offices into Europe with the partnership of Guangzhou Port (Europe) B.V.
Johannes Nanninga, CEO of Guangzhou Port (Europe) B.V. comments that the portfolio of Guangzhou Port group in the Pearl River Delta with deep sea Port of Nansha in the West Pearl River Delta in particular offers very effective and competitive solutions to optimise for Suppliers and Cargo owners their supply chain with South and West China.

Cathelco supply systems for new generation of cruise ships

Cathelco are supplying two of their systems for the latest Quantum class cruise ships to be built for Royal Caribbean Cruises by Meyerwerft in Germany.
The marine growth prevention (MGPS) and impressed current cathodic protection (ICCP) systems will be installed on the fourth and fifth vessels in the series which are scheduled to go into service 2019 and 2020.
Cathelco systems are already installed on the Quantum of the Seas which entered service in 2014, followed by the Anthem of the Seas in 2015 and the Ovation of the Seas which began operating last year.

RNRGs SRA Systems Improve Power Prediction Accuracy by 14% at Japanese PV Project

Jan. 16, 2017: When developing a utility-scale solar PV project, accurately projecting the site’s power output is crucial. For its 33 MW Kumenan PV project in Japan, Pacifico Energy experimented with publically available data before seeking a more precise measurement solution. After implementing SRA Systems from Renewable NRG Systems (RNRG) - a leading designer and manufacturer of decision support tools for the global renewable energy industry—Pacifico Energy increased the accuracy of power output projections at the Kumenan PV project by up to 14%. The gain allowed the company to secure more competitive financing terms to build the PV plant.

January 13, 2017

ZPMC wins orders from offshore engineering market in succession in 2017

ZPMC won construction contract of 10000-ton lifting semi-submersible barge
On January 10, ZPMC and CCCC 2nd Harbor Engineering Company (1st company) held a signing ceremony for “10000T lifting semi-submersible barge construction contract”.
ZPMC won Longyuan Dafeng Offshore Booster Station
Recently, ZPMC successfully won Longyuan Dafeng 200MW Offshore Booster Station Project. ZPMC will undertake the overall construction of the booster station, maritime transport, erection and joint commissioning of the offshore wind farm.

Gener8 Maritime, Inc. Announces Delivery of the Gener8 Hector

Jan. 13, 2017 - Gener8 Maritime, Inc., a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCC the Gener8 Hector on January 6, 2017 from Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC).
The Gener8 Hector represents the nineteenth of 21 "ECO" VLCCs expected to be delivered into Gener8 Maritime's fleet.  Upon delivery, the Gener8 Hector entered Navig8 Group's VL8 Pool.

Carnival Corporation Launches First of Three New Ships in 2017: Seabourn Encore from its Seabourn Ultra-Luxury Cruise Line

Jan. 13, 2017 - Carnival Corporation & plc, the world's largest leisure travel company, recently launched the Seabourn Encore, the first of three new ships that will enter service in 2017 across three of its 10 global cruise brands. Carnival Corporation will also launch Majestic Princess from Princess Cruises in April, which will be the world's first cruise ship built specifically for the Chinese market, and its Germany-based AIDA Cruises brand in July will launch AIDAperla, one of the world's most environmentally friendly and technologically advanced ships.

Global Eagle Acquires Satellite Communication Payload

Jan. 13, 2017 – Global Eagle Entertainment Inc. (GEE) has acquired Ku-band payload on an SES communication satellite in a move to boost capacity for its customers in North America, the Gulf of Mexico and the Caribbean. GEE will rebrand the satellite as Eagle-1.

Industry news
IMDS 2017
January 17, 2017

Vyborg Shipyard and Arkhangelsk Trawl Fleet ink an agreement for optional and modified ST series trawlers

In addition to shipbuilding contract for four freezing trawlers of new ST-116 XL series awarded to Vyborg Shipyard (part of Russian shipbuilding conglomerate USC) by Arkhangelsk Trawl Fleet in November 2016, the two parties on January 16, 2017 signed an agreement to update the previous contract specifications and optional ships.

January 16, 2017

Shipbuilding to be boosted in 5-year plan

CHINA aims to account for 35 percent of the global ocean engineering equipment market and to take up 40 percent of the shipbuilding market worldwide by 2020.
The Ministry of Industry and Information Technology announced the targets yesterday in a 13th Five-Year (2016-2020) Plan for the industry.
Shipbuilders need to “take up more than 2.5 percent of their revenue” for investment in research and development, the ministry said.
The national plan envisages higher domestic production so that 60 percent of the equipment for advanced ships and 40 percent for advanced ocean engineering are home produced to cut reliance on foreign technology and enhance competitiveness among major shipbuilders.

China's shipbuilding giant charts new course

Dalian Shipbuilding Industry Company (DSIC), one of the largest shipbuilding companies in the country, is charting a new course to overcome decline in global demand.
Based in Dalian in Northeast China's Liaoning province, the State-owned company is shifting its focus away from conventional shipbuilding to high-end vessels such as very-large crude and ore carriers and bulk carriers.
The shipping giant, which has 12,000 employees, recorded revenue of 23.4 billion yuan ($ 3.4 billion) in 2016 and net profit of 760 million.

Offshore Mooring Market Expected to Reach $1,408 Million by 2022, Globally

According to a new report published by Allied Market Research, titled, "Offshore Mooring Market by mooring type, application and anchorage - Global Opportunity Analysis and Industry Forecast, 2014 - 2022," the global offshore mooring market was valued at $1,037 million in 2015, and is projected to reach $1,408 million by 2022, growing at a CAGR of 5.0% from 2016 to 2022. The spread segment dominated this market, occupying more than one-fourth of the total share of the market revenue in 2015.

January 13, 2017

New offshore oil production starts in China

CNOOC, the country's largest producer, tries to stage a rebound after rough 2016.
A Chinese oil company said Friday ( Jan.13) it started production at an oil field off the northern coast of China that has 57 planned production wells.
China National Offshore Oil Corp (CNOOC) announced Friday ( Jan.13) its Penglai 19-9 project in the shallow waters of Bohai Bay started production.

Marine Engines Market Worth 13.53 Billion USD by 2021

The report "Marine Engines Market by Power'000 HP (up to 1HP, 1-5HP, 5-10HP, 10-20HP & Above 20HP), Vessel Type (Commercial & Offshore Support Vessels), Fuel (Heavy Fuel, Intermediate Fuel, Marine Diesel & Marine Gas Oil), & Region - Global forecast to 2021" published by MarketsandMarkets, the global market is expected to grow from an estimated USD 11.14 Billion in 2016 to USD 13.53 Billion 2021 at a CAGR of 3.85%.

Throughput of Russian seaports up 6.7% to 721.9 mln t in 2016

n January-December 2016, Russian seaports handled 721.7 mln t of cargo (+6.7%, year-on-year), says the press center of Association of Commercial Sea Ports.

January 12, 2017

A First for Arctic Shipping

Cargo Ship Sails Northern Sea Route in Winter
A ship owned by ZPMC Red Box Energy Services, a Netherlands-based marine-transport services provider, became the first cargo vessel to sail construction equipment along the Northern Sea Route—a shipping lane north of Russia—during the winter months. The shipment consisted of three 6,000-ton modules.
The Audax, which is capable of breaking through ice up to five feet thick arrived on January 4 in the port of Sabetta, on the Yamal Peninsula, where the components were delivered for use in the construction of the Yamal LNG project.

China pledges support for shipbuilding industry, targets high-end market

China aims to capture up to 40 percent of the global high-end marine equipment market over the years through 2020 while reforming and supporting its money-losing shipbuilding industry, the government said on Thursday (Jan. 11).
The pledges were laid out in a statement published by six ministries on the website of the Ministry of Industry and Information Technology. The statement broadly outlined their plans for Chinese shipbuilding over 2016-2020.

Infographic: Top 10 Shipowning Nations

The shipping industry sailed through difficult times during 2016, and today we take a look at how these conditions influenced the shipowners through an infographic showing the top 10 shipowning nations by value (USD million), provided by VesselsValue.
Greek owners retain their top spot but in the cargo sectors have lost nearly 12% of their fleet value. The Japanese come even closer to stealing the lead falling less than 1% in value. In the sixth place and down from the fourth, the German cargo fleet has lost close to 30% of its value attributable mainly to the depressed container market.
Bulkers have had a deceptively good 2016 following record lows at the start of the year. The top three bulker owning nations, Greece, Japan and China, have seen their fleets rise by over USD 4 billion each. This growth has been supported by strong acquisition following some of the lowest asset prices seen since the 1980s.

January 10, 2017

Russian gas flows to Europe, Turkey break new records in 2017: Gazprom

Russian gas continues to flow to Europe and Turkey at all-time high levels in 2017 following record-breaking volumes last year, as cold weather across Europe -  especially in the east - triggers increased demand for Gazprom gas.
Russian gas prices also remain competitive compared with European hubs - the oil price rally of end-2016 will only filter through to oil-indexed gas contracts in the coming months - so European buyers are thought to be maxing out their Russian gas purchases.

Is a shipbuilding duopoly good for the cruise industry?

Before the end of 2017, it looks like there will be a worldwide duopoly in the business of building cruise ships. Can this be good for cruise lines, their customers or travel agents?
It would come about if Italy's Fincantieri buys the French shipyard in Saint-Nazaire where Royal Caribbean International's Harmony of the Seas, and a string of other ships, have been built. (Fincantieri won't buy all of the Saint-Nazaire yard. The French government will hold onto a one-third stake.)
The yard is currently operating under the name STX France, but the STX parent company, based in Korea, has been trying to sell it to consolidate its way out of financial trouble.

January 09, 2017

About 500 new enterprises to be opened in Russias Far East until 2020

Russian Far East Development Minister added that 73% of the total volume of attracted investments are not natural resources or raw materials but such areas as agriculture, transport, logistics.

SOCAR to Increase Oil Transportation Through Russia in 2017

Azerbaijan’s State Oil Company SOCAR and Russia’s Transneft have agreed on volumes of oil transportation via the Baku-Novorossiysk pipeline for 2017, a source in SOCAR reported.
In 2017, SOCAR plans to export about 1.5 million tons of oil through Russia, while in 2016 this figure is expected to reach 1.3 million tons, according to the source.

Statoil to Increase Exploration Drilling in 2017

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).

Coming Events
Maritime Vortal
January, 2017

Euromaritime 2017

Jan.31. - Feb.2, 2017 • Paris, France

Direct Email
March, 2017

China Maritime

March 20-22,2017 • Beijing, China


March 20-22,2017 • Beijing, China

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

August, 2017


Aug.23-25, 2017 • Jakarta, Indonesia

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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