Damen Green Solutions and Bawat A/S have formally signed the agreement to solidify their joint venture in the development and sales of cutting-edge mobile Ballast Water Management Systems (BWMS). The joint venture, operating under the collective name “Bawat Damen”, marks a significant step in revolutionizing mobile ballast water management solutions. Under the joint venture, Bawat A/S will provide its innovative system for treating ballast water, leveraging its patented pasteurisation process that eradicates organisms without the use of chemicals, filters, or UV. Damen Green Solutions, known for its expertise in maritime ...

Chung Ki-sun, CEO of HD Hyundai and grandson of Hyundai Group founder Chung Ju-young, was promoted to vice chairman, thereby commencing the beginning of the third generation of management of the shipbuilding, oil refining and machinery conglomerate, the group said Friday. HD Hyundai announced its regular reshuffle of executives and Chung, son of Chung Mong-joon, the largest shareholder of HD Hyundai and chairman of the ASAN Foundation, who will serve as vice chairman. Revealing the reason why he was promoted, HD Hyundai said Chung has played a leading role in ...

A seamless application of shipping’s first antifouling coating to successfully integrate highly durable graphene provides further evidence that Gibdock’s remains ahead of the curve as a shiprepair and conversion yard geared up for the sustainable maritime future. The Gibraltar yard recently hosted the Vulica Shipping Company-owned bulk carrier Donald M James for a 30-day project which brought a first opportunity to work with a new type of coating from GIT Coatings (Graphite Innovation & Technologies Inc). The 229m length ship entered Gibdock’s No.1 Dock for extensive works, including renewal to ...

South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global shipbuilding industry. According to Clarksons Research, a UK-based maritime and shipping analysis firm, global ship orders last month amounted to 2.49 million compensated gross tonnage (CGT), a 44% decrease compared to the same month last year. Among these, South Korea secured 1.54 million CGT (62%), reclaiming the top spot within three months. China came in second with 820,000 CGT (33%). In terms of the number of vessels, ...

Ascenz Marorka, a GTT company, announces it has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range of digital maritime services designed for LNG carriers (LNGC). Encompassing the full spectrum of Ascenz Marorka’s Smart Shipping1 solution, this contract includes on-board data collection, regulatory reporting, performance management services, LNG cargo and operation optimisation and weather routing. Ascenz Marorka’s digital solution, which will be installed on the vessel by the end of this year, provides multiple advantages, in terms of cost savings, operational efficiency and ...

Babcock’s LGE business, the world leader in marine liquefied gas solutions, has seen significant success so far this year after winning more than 40 contracts and delivering more than 50 projects. The record number of new contracts this year are for the design and supply of cargo handling and fuel gas supply systems for marine transportation of Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG), Ethane and CO2, all using in-house developed and patented or patent-pending technology. The company has also delivered over 50 projects across the range of solutions ...

Earlier this year Damen Shipyards received the order for four complete dredge packages to be installed in Trailing Suction Hopper Dredgers (TSHDs) currently under construction in Mexico. The identical TSHDs will be fitted out with dredge packages including the trailing pipe, a dredge pump, and various hopper loading and discharging equipment. The delivery follows earlier successful cooperation with the customer and dredge operator SEMAR. Complete dredge package At present, the four hopper dredgers are under construction at three different Mexican yards. The vessels have been optimised to receive a Damen ...

Shin Yang Group Bhd (SYG) has secured 12 new shipbuilding and ship repair contracts in the 12 months to June 30, 2023 (FY23). The five new shipbuilding contracts boosted the group’s shipbuilding division’s order book to RM175.7mil, while the seven ship repair contracts raised the ship repair division’s order book to RM89.3mil. Group executive chairman Tan Sri Ling Chiong Ho said its shipbuilding segment has showed signs of a stable recovery path from the capital expenditures by the oil and gas industry players, coupled with improvement in crude oil prices. ...

Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidance. Orderbooks should expand in 2024, led by strong LNGC demand. Results for 3Q23 show full-scale revenue growth for major shipbuilders. LNGC orders to be confirmed in 2024 New orders at the three major domestic shipbuilders in 2023 reached US$30.8bn as of end-October, or 89% of their US$34.6bn target. Considering likely further orders in 2H23, including for the second LNGC order intake from Qatar, a floating LNG facility (FLNG), and military vessels, 2023 new orders ...

Ukraine rained 15 cruise missiles on Russia’s shipyard in the Crimean port city of Kerch on Saturday, damaging one ship, Russian defence ministry said, in an attack that could further undermine Moscow’s striking capabilities. Thirteen of the missiles were destroyed in the air, while one hit a ship, the Russian defence ministry said in a typically laconic statement when reporting on Ukraine’s strikes on Russian territory or infrastructure. It did not give the ship’s name. Ukraine’s top Air Force commander said the Russian Navy stationed there one of its most ...

Amongst key deliveries include the world’s largest containership. Yangzijiang Shipbuilding Holdings secured US$770m orders in the third quarter of 2023, its latest business update showed. With this, the company has an orderbook of US$6.54b for 2023– more than double its original target for the year. Yangzijian updated that it is on track to achieve its delivery target of 57 vessels, with 42 vessels already delivered. Amongst notable vessels delivered include six 24,000 TEU containerships, delivered to the Mediterranean Shipping Company (MSC). Yangzijiang also delivered the world’s largest containership, which it ...

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and launch ceremony for the FUGAKU MARU, a roll-on/roll-off (RO/RO) ship under construction for FUJITRANS Corporation. The ceremony took place at the Enoura Plant of MHI’s Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The handover is scheduled for April 2024 following completion of outfitting work and sea trials. The new vessel will replace the current FUGAKU MARU, originally constructed at MHI’s Nagasaki Shipyard & Machinery Works, which has been in continuous ...

C-Job Naval Architects and MEYER Group today announce the two companies have entered into a strategic partnership. The agreement between the companies includes MEYER Group to acquire a 50 percent stake in C-Job Naval Architects. The move solidifies MEYER’s focus on sustainable solutions and allows them to diversify their portfolio. C-Job is an independent ship design and engineering company that operates worldwide with offices across five countries and has its headquarters in the Netherlands. MEYER Group is an international consortium including MEYER Werft with three shipyards in Papenburg, Rostock, and ...

The Samsung Heavy Industries (SHI) Machinery Health Monitoring System (SMHMS) has received the ABS SMART (MHM) Tier 2 approval in principle (AIP) for machinery health monitoring. The system will be integrated into SHI’s proprietary SVESSEL Smart Platform as a condition-based monitoring/maintenance module. SMHMS can support main engines, generators, compressors, pumps and fan bearings with the initial application potentially installed on a liquefied natural gas (LNG) carrier. Recognized with a certificate presentation at KORMARINE 2023, the SMART (MHM) Tier 2 AIP is part of a larger joint development project (JDP) between ...

Hanwha Ocean, the world’s No. 2 shipbuilder, is actively embracing middle-aged female workers and robots for ship welding, as it sits on a bulging order backlog for eco-friendly vessels such as liquefied natural gas (LNG) carriers. Amid a dearth of skilled male workers at manufacturing plants nationwide, Hanwha’s new hires at its main shipyard at Geoje are increasingly including women in their 40s. It is also deploying more robots to weld ships in narrow and confined spaces at its 4.9 million-square-meter Okpo Shipyard in Geoje, based on robot-based digitalization systems. ...