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2017-06-21 10:12:30

China's Dalian Shipbuilding Industry Offshore (DSIC Offshore) held the steel cutting ceremony for JHW Engineering & Contracting's (JHW) first 85,000 m3 very large ethane carrier (VLEC) on June 15, 2017.

The vessel will feature four cargo tankers, three of which are IMO type C star-trilobe tanks, MAN dual-fuel engines and MAN alpha propellers.

JHW informed that the ships would be the first very large gas carriers' to feature the semi refrigerated solution.

The vessel is scheduled to join its owner at the beginning of 2019 and would be deployed to provide midstream services in an effort "to build a maritime virtual pipeline from US to Asia across the ocean," according to JHW.


2017-06-21 10:10:50

Greece-based tanker shipping company Avin International has emerged as the new owner of two MR2 tankers bought from South Korea's Hyundai Merchant Marine (HMM), according to information provided by VesselsValue.

The tankers in question are Oriental Emerald and Oriental Ruby and they were purchased in an en bloc transaction for USD 21 million.

In April, World Maritime News reported that another Greek company, Benetech Shipping, reached an agreement with HMM to buy the two 50,400 dwt ships. Under the deal which was subsequently terminated, the shipping company planned to acquire Oriental Emerald for USD 12.1 million and Oriental Ruby for USD 12.3 million.

"There was a deal between HMM & Benetech that fell through as it was still under negotiations," a representative from VesselsValue said, confirming that the new buyer is Avin.

When contacted, HMM said it cannot confirm anything related to this matter.

Each featuring a length of 189 meters and a width of 32 meters, the tankers were built by South Korea’s SLS Shipbuilding in 2005.

The recently acquired tankers will join Avin’s fleet of more than 30 vessels.

2017-06-21 10:09:18

Maersk Tankers, part of Denmark's shipping conglomerate Maersk, has disposed of two older MR1 tankers, VesselsValue's data shows.

The ships in question are the 2000-built Maersk Rapier and the 2002-built Maersk Rhode Island, both constructed at CSSC OME shipyard in China.

As disclosed by VesselsValue, the 35,000 dwt Maersk Rapier and the 34,800 dwt Maersk Rhode Island were sold to unnamed parties for USD 6.5 million and USD 8.5 million, respectively.

With a gross tonnage of around 22,180 tons, each of the ships has a length of 171 meters and a width of 27 meters.

"We can confirm that we have reached an agreement to sell Maersk Rapier. The vessel will be delivered to the new owner in the near future. The other vessel can not be confirmed," a representative from Maersk Tankers said.

In 2016, Maersk Tankers said that it plans to replace approximately 20 percent of its fleet within the next few years with newbuildings already ordered and scheduled for delivery between 2017 and 2018.

Currently, the company's fleet consists of around 160 owned and commercially managed product tanker vessels.


2017-06-20 10:31:24

China's Shanghai Waigaoqiao Shipbuilding has splashed the country's largest domestically built ship, the 20,110 TEU Cosco Shipping Taurus.

The colossal boxship was built for COSCO Shipping Corporation, and features a total length of about 400 meters, 58.6 meters in width and has a design speed of 22.5 knots.

The launching ceremony, which took place on June 16, marked the construction of the largest containership by TEU capacity by a Chinese shipbuilder.

In September 2015, COSCO placed an order for construction of eleven 19,000 TEU container ships at compatriot shipbuilders worth a total of USD 1.5. billion.

Under the deal, Waigaoqiao Shipbuilding was assigned with construction of three boxships. Six boxships were assigned to Dalian Cosco KHI Ship Engineering (DACKS) and Nantong Cosco KHI Ship Engineering (NACKS),  while the building of the remaining two ships was entrusted to Dalian Shipbuilding Industry.

2017-06-20 10:27:05

China's Dalian Shipbuilding Industry Corp. (DSIC) held on June 5 a naming ceremony for Xin Long Yang, a very large crude carrier (VLCC) built for COSCO Shipping.

On the occasion, representatives of the shipbuilder and the owner of the vessel also signed delivery and acceptance documents.

The 308,000 dwt Xin Long Yang belongs to a new generation of energy-saving VLCCs developed by DSIC, the shipbuilder explained.

With a gross tonnage of 162,000 tons, the newbuilding has a length of 333 meters and a width of 60 meters.

Currently, the market value of the newbuilding stands at USD 73.7 million, according to data provided by VesselsValue.

Apart from Xin Long Yang, COSCO has five 308,000 dwt and two 319,000 dwt VLCCs on order at DSIC, scheduled for delivery between 2017 and 2018.

2017-06-19 11:30:17

Norwegian shipowner Ocean Yield has taken delivery the delivery of the liquefied ethylene gas carrier Gaschem Orca from China's Sinopacific Offshore & Engineering (SOE).

Upon delivery, the carrier commenced a 15-year bareboat charter to the German shipping company Hartmann Group. It will enter into a 10 year sub-charter to SABIC Petrochemicals upon arrival in Houston in July, according to Ocean Yield.

Gaschem Orca will be used for shipments of ethane from Houston to SABIC’s cracker in Teeside, UK.

The 36,000 cbm vessel is the second of two sister ships delivered to the company.

The first eco-friendly LEG carrier, the 38,000 cbm Gaschem Beluga, joined its owner in November 2016. Upon delivery, it too commenced a 15-year bareboat charter to Hartmann.

Ocean Yield ordered the batch of three LEG carriers from Sinopacific in May 2014, however, in mid-October the company said it decided to cancel the third vessel under the agreement as a result of the negotiations which were undertaken after Sinopacific Offshore & Engineering filed for receivership in August 2016.

So far this year, Ocean Yield has taken delivery of five vessels and the company's total fleet stands at 37 vessels, of which 36 have been delivered.

2017-06-19 11:28:07

German shipping company Hapag-Lloyd will hold the naming ceremony for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class, at the container terminal Altenwerder in Hamburg today.

Ordered in 2015, the Guayaquil Express will plough the seas between Europe and South America. With a length of 333 meters and a width of 48 meters, the ship is designed for the new locks of the Panama Canal.

The vessel will operate in the SWX service, calling at the ports of Hamburg, Antwerp, Le Havre, Caucedo, Cartagena, Manzanillo/PA, Buenaventura, Callao, Puerto Angamos and Valparaíso.

By deploying the ship, rather than bringing any new tonnage into the market, Hapag-Lloyd is replacing two older vessels with each of the new state-of-the-art ones. As a result, more efficient ships will be deployed between North Europe and South America West Coast “without noticeably increasing capacity in the market,” the company said.

Like the Guayaquil Express, which was built by Hyundai Samho Heavy Industries in South Korea, all vessels in the series are named after ports in South America.

Each of the five new ships has 2,100 plugs for temperature-controlled reefer containers. Hapag-Lloyd informed that the vessels set the highest standards in environmental protection, and achieve especially low fuel-consumption and emissions levels thanks to innovative onboard technologies. They are equipped with a highly efficient main engine, an optimized hull shape and a novel lashing and loading system for a higher utilization.

All five newbuildings will sail under the German flag and are classified DNV GL.

Homeported in Hamburg, the ships can carry a maximum of 19 rows of containers side by side on board, which each have a maximum capacity of 123,500 tonnes. The eight cargo holds and decks, offer a total capacity of 10,590 TEU.

2017-06-19 11:25:22

Wilhelmsen Ship Management (WSM) revealed it will manage MV GPO Grace, GPO Heavylift’s purpose-built semi-submersible vessel newbuilding.

Launched in December 2016, the 64,000 dwt GPO Grace is one of the four identical heavy lift vessels being built at CSBC shipyard in Taiwan.

"This will be the most technologically advanced heavy lift vessel in the world. It will be our first heavy lift vessel in our managed fleet today and we aim to expand further in this segment," Carl Schou, President of Wilhelmsen Ship Management, commented.

"With this latest addition into our managed fleet, it is a comeback for us in the heavy lift segment. Such advanced vessel fits well with our digital solution which will enhance operational efficiency," Schou added.

As disclosed, WSM is in the process of securing the second contract with GPO Heavylift for the second heavy-lift ship, MV GPO Amethyst.

All of the four ships are owned by Singapore-based Greenland Heavylift Holdings and operated by GPO Heavylift.

With a gross tonnage of 45,100 tons, each of the ships will feature a length of 225 meters and a width of 48 meters.

The four newbuilds are expected to be delivered until the end of 2017, according to information provided by VesselsValue.

GPO Grace will be managed by the Oslo management center and will sail with a full complement of Latvian crew, WSM said.

2017-06-19 11:22:32

US-based ship operator Eagle Bulk Shipping has taken delivery of MV Groton Eagle, the sixth of nine Crown-63 Ultramax dry bulk sister vessels it purchased from Greenship Bulk Trust  in March 2017.

With the addition of the 63,500 dwt MV Groton Eagle, previously named JS Narmada, Eagle Bulk's fleet increased to 46 vessels on the water.

The bulk carrier was constructed in 2013 by China’s shipbuilder Dayang Shipbuilding.

Following the delivery of the remaining eight Ultramaxes, which are scheduled to join Eagle Bulk Shipping's fleet over the coming months, the company's pro-forma owned-fleet will consist of 49 Supramaxes and Ultramaxes.

The US owner initially agreed to acquire six Crown-63 Ultramaxes, according to an agreement unveiled in late February 2017. The company later received an approval to acquire another three dry bulk sister vessels.

Eagle Bulk purchased the ships, which would be renamed after Connecticut coastal towns, for a total of USD 153 million.

2017-06-19 11:20:21

Northern Europe's shipping and logistics company DFDS has today ordered two additional RoRo newbuildings from Jinling Shipyard in China.

The new ships are slated for delivery in early 2020 and are planned to be deployed in DFDS' route network on the North Sea.

"The ships form part of our new building programme that underpins our ability to deliver the transport capacity required by our customers and our continuous pursuit of efficiency improvements," says Niels Smedegaard, CEO.

The ships are similar to the two ships ordered in September 2016, for delivery in early 2019, and are likewise designed to each carry 6,700 lane metres of freight equivalent to around 450 trailers.

The large size of the ships will decrease unit costs as well as the environmental impact per transported unit, the company said in a release.

As disclosed, the ships represent a new generation of environmentally friendly RoRo ships as they comply with the latest environmental rules of the new IMO-standard EEDI (Energy Efficency Design Index). Also included are scrubbers for the removal of sulphur, ballast water treatment systems and a number of energy efficiency initiatives.

The investment in the two ships totals around DKK 1.0 billion (USD 150 million) to be paid during the period from ordering to delivery in early 2020. More than half of the payment is due on delivery.

Hence, DFDS’ investment outlook for 2017 is raised to DKK 1.8 billion from previously DKK 1.7 billion following the new order.

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