Today, Sunshine Pride, an NYK-operated coal carrier for Joban Joint Power Co. Ltd., was delivered by Japanese builder Tsuneishi Shipbuilding Co. Ltd.Under a long-term contract, this vessel will be dedicated to the transport of coal to generate electricity at the Nakoso Power Station in the city of Iwaki, Japan.
Make sure you know who you are really contracting with.A famous U.S. politician once insisted that “it takes a village to raise a child.” That said, any marine operator will tell you that it takes an even larger village and a ridiculous number of contracts to operate a vessel, and even more to manage a fleet of vessels.
Short-sea RoRo company UECC has confirmed an option with China Ship Building Trading Co., Ltd and Jiangnan Shipyard Group Co. Ltd. for a third hybrid-battery LNG vessel, this time for use on UECC’s Atlantic short-sea trade routes.“This order is another step in our commitment to cleaner shipping,” said Glenn Edvardsen, CEO of UECC.
South Korean shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has officially started the process to earn approval from anti-trust regulators for its proposed takeover of Daewoo Shipbuilding and Marine Engineering Co. (DSME).HHI has submitted a request for the formal approval from the South Korea’s Fair Trade Commission (FTC), as well as from antitrust authorities in Japan, China
China's two largest shipbuilders are planning to merge, their listed arms said in separate exchange filings on Monday, the latest to join a wave of mergers among state-owned enterprises as the government overhauls the sector.The move by China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC)
Tsuneishi Shipbuilding Co, ship repair and manufacturing company in Japan, has received its first order from a shipowner in Japan for several 42,000-metric-ton log and bulk carriers Tsuneishi Economical Standard Ship (TESS) 42.The newly developed TESS42 follows the design concept of the TESS38 while improving transportation efficiency, with deadweight capacity increased by approximately 2
Colombo Dockyard PLC (CDPLC) delivered the first ever modern Cable Laying Vessel built for Kokusai Cable Ship Co. Ltd. (KCS) Japan, on June 21, 2019. This is the biggest vessel, both in terms of length and price, ever built by Colombo Dockyard in its history, and the first ever ship built ‘in its class’ from Sri Lanka to Japan.This ship measures 113.1 x 21.5m with an 8.
Wight Shipyard Co. (WSC) debuts a hybrid patrol vessel designed to reduce both fuel costs and engine maintenance.“This ground-breaking project aims to set new standards in high speed, fuel economy and light weight vessels in the sector. Building greener vessels has been an integral focus for some time now so moving into hybrid options is the obvious next step forward,” said Peter Morton, CEO
Hong Kong-based Orient Overseas International Ltd. (OOIL) said that it will sell Long Beach Container Terminal (LBCT) to a consortium led by Australia’s Macquarie Group for $1.78 billion.OOIL, which is majority-owned by Cosco Shipping Holdings, was the terminal operator under a lease agreement with the port.
Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed on Friday a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering (DSME), in the presence of Kwon Oh-gap, Vice Chairman & CEO of HHI Holdings; Ka Sam-hyun, President & CEO of HHI; and Lee Dong-gull, Chairman & CEO of KDB.
Japanese public multinational corporation Kawasaki Heavy Industries (KHI) has completed the construction of a new dock in northeast China, as the company streamlines costs amid competition from South Korean rivals.According to a press note from the manufacturer of ship and offshore structure
Mitsubishi Shipbuilding held a christening ceremony on February 21 for the next-generation LNG (liquefied natural gas) carrier currently under construction for Mitsui & Co., Ltd.The new ship, named Marvel Crane, is a design that significantly improves both LNG carrying capacity and fuel performance due to the adoption of efficient hull structure and hybrid propulsion system.