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China to retain lead in global shipbuilding

China will retain its lead in the global shipbuilding market this year, and this trend is expected to persist into 2024, market watchers and shipbuilders said. With robust growth in both new orders as well as output this year, Chinese shipyards have demonstrated greater innovation, productivity and supply chain advantages compared to foreign rivals, they added. China’s shipbuilding output climbed 12.3 percent year-on-year to 38.09 million deadweight tons (dwt) in the first 11 months of 2023, accounting for 50.1 percent of the world’s total, data from the Ministry of Industry ...

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Advancing Sustainable Ship Recycling: The Imperative of Hong Kong Convention (HKC) as the Sole Regulation

Ship recycling, constituting a fundamental pillar of the maritime industry, is pivotal for environmental and safety considerations. The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), slated to take effect in the next 18 months, stands out as a crucial regulatory framework designed to navigate the complexities inherent in ship disposal. This article critically explores the key arguments supporting the adoption of HKC as the exclusive regulation, taking into account the International Maritime Organization (IMO), the United Arab Emirates Ship Recycling Regulation, the Basel ...

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China: Domestic deep-sea integrated wind power installation vessel makes trial voyage

China’s deep-sea integrated large-scale wind power installation vessel Bo Qiang 3060 conducted a trial voyage near the coastal city of Yantai in East China’s Shandong Province on Wednesday. Setting new domestic records including water depth, deck variable load and lifting capacity, the 133-meter-long vessel can operate in water up to 70 meters deep, according to media reports. With a total variable load capacity of 11,000 tons, it can transport and install three sets of 16-megawatt offshore wind turbine units, making it the only next-generation wind power installation vessel in China ...

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China aims to build more than half the world’s cleaner-fuel ships by 2025

China has set itself the goal of producing more than half of the world’s shipspowered by cleaner fuels by 2025, inguidelines published bythe industry ministry on Thursday. It did not give any estimates of the number of ships involved. But the guidelines said China would build morevessels powered by lower-carbon fuels such as methanol and liquefied natural gas, part of Beijing’s push to become carbonneutral by 2060. “Implement innovation in ship engines, improve the efficiency of traditional fuel and LNG marine engines, and steadily increase the use of LNG in ...

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Samsung Heavy, Hanwha Ocean fail to achieve 2023 order targets

Samsung Heavy Industries and Hanwha Ocean have failed to meet their annual targets for shipbuilding orders this year as of Thursday, despite favorable market conditions, according to industry officials. Samsung Heavy said Tuesday an Oceanian shipowner’s order to build two very large ammonia carriers (VLACs) collectively worth around $240 million enabled it to achieve 72 percent of its goal of winning $9.5 billion worth of orders this year. Hanwha Ocean reached 57 percent of its goal of winning $7 billion worth of orders this year, as it signed a main ...

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China’s first homegrown ultradeep ocean drillship completes trial voyage

China’s first domestically developed drilling vessel with the world’s deepest drilling depth, “Mengxiang” (Dream), completed its maiden trial voyage on Tuesday in the Pearl River Estuary waters of south China’s Guangdong Province. The results showed that the performance and various indicators of the vessel’s main power and other marine systems are all qualified. The “Mengxiang,” featuring high stability and structural strength, can operate in unlimited navigational areas worldwide and drill as deep as 11,000 meters in the sea. The vessel sailed about 500 nautical miles for the trial, fulfilling commissioning ...

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Samsung Heavy Industries Suspends Block Production for 10 Out of 15 Contracted LNG Carriers with Russian Shipyards

This icebreaking oil tanker Vasily Dinkov was built by Samsung Heavy Industries in 2007. As a consequence of the aftermath of the Russia-Ukraine war, Samsung Heavy Industries has suspended the production of blocks and components for 10 out of 15 liquefied natural gas (LNG) carriers contracted with a Russian shipyard. This move aligns with the international community’s collaborative efforts in imposing economic sanctions on Russia, and the total contract value for the 15 vessels is reported to exceed 4 trillion won. On Dec. 26, Reuters reported that Samsung Heavy Industries ...

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Samsung Heavy: Not begun making parts for some Russian shipyard LNG carriers

Samsung Heavy Industries 010140.KS said on Tuesday it has not started making blocks and equipment for 10 out of 15 Arctic LNG carriers contracted with Zvezda. Samsung has been delivering blocks and equipment for five of them to Zvezda, the Russian shipyard that is assembling the carriers, after receiving South Korean government approval. Samsung is nearing the end of making the equipment for the five ships, a Samsung spokesperson said on Tuesday. For the remaining 10 ships, Samsung has not started making the blocks and equipment, but there has been ...

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Damen explores Zeabuz’s technology for next-gen maritime solutions

Zeabuz specialises in software for autonomous maritime operations, bringing autonomy to the market with a thorough and solid approach. Zeabuz’s gradual introduction of autonomous solutions supports the establishment of a robust foundation and enables swift scalability of the technology across diverse application areas. Autonomy holds the potential to revolutionise vessel operations by enhancing safety protocols, optimising asset effectiveness, and paving the way for the creation of new business models. The industry’s growing interest in autonomous and technologically advanced solutions underlines the need for collaboration between advanced knowledge partners. The exploration ...

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MacGregor has received a significant cargo handling solution order from Philly Shipyard

MacGregor, part of Cargotec, has received a significant order from SM Solution/Philly Shipyard for cargo handling solutions for three 1822 FEU sized container carriers. The order is booked into Cargotec’s fourth quarter 2023 order intake, with deliveries planned to commence during the fourth quarter of 2024 and completed within 2026. MacGregor’s scope of supply encompasses design, hardware and supply for hatch covers, lashing bridges, deck stanchions, fixed and removable cell guides in hold and container fixed fittings. ”We are excited about this order, which is a nice continuity for the ...

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NGOs call on Turkey and the EU to bring needed change and transition the sector towards dry docks

The NGO Shipbreaking Platform publishes today its report Ship Recycling in Turkey: Challenges and Future Direction. While the report provides a comprehensive analysis of the current challenges faced by the ship recycling sector in Aliağa [1], it also underscores the immense potential for driving forward sustainable ship recycling practices and demonstrates a clear path towards achieving this goal. [2] Turkey stands at a crossroads as the recent announcement of plot sales in October 2023 and the upcoming expiration of public land leases in 2026 create an opening to bring needed ...

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Damen Shipyards hands over twin ASD Tugs 2813 to the Ghana Ports and Harbours Authority

On 14 December, the commissioning ceremony took place of two, next-generation, Damen ASD Tugs 2813 delivered by Damen Shipyards to the Ghana Ports and Harbours Authority (GPHA). Named the Capt. Edward A. A. Awuviri and Nestor Percy Galley after two former Director Generals, these additions to the GPHA fleet deliver 83 tonnes bollard pull ahead and up to 77 tonnes astern. This makes them ideal for manoeuvring the range of large vessels that use the Ghanaian ports of Takoradi and Tema, two of the largest in West Africa, as well ...

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Samsung Heavy ordered to pay SK $290 million for carrier defects

Samsung Heavy Industries has been ordered to pay $290 million in compensation to SK Shipping for defects in two liquefied natural gas (LNG) carriers manufactured by the Korean shipbuilding company. The London Maritime Arbitrators Association ruled on Dec. 15 that two LNG carriers that were delivered to SK Shipping’s special purpose companies — SHIKC1 and SHIKC2 — had defects in their cargo containment systems that were “not adequately repaired within a reasonable time frame,” per the Financial Supervisory Service’s electronic disclosure on Monday. The two companies entered arbitration, which resulted ...

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Martin Bloem appointed Group Director Corporate Affairs at Damen Shipyards

Martin Bloem will start as Group Director Corporate Affairs at Damen Shipyards Group effective 1 January 2024. This is a new position at the largest shipbuilding concern in the Netherlands. Bloem is certainly no stranger to the maritime world. He was involved with the shipbuilding sector when working for the Ministry of Economic Affairs and he was later the general director of the industry association Netherlands Maritime Technology. After that, he took up a position as a partner at the strategic maritime consultancy Marstrat and held public-private positions in the ...

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Korean Shipbuilders Expect Recovery of Offshore Plant Market Thanks to Eco-friendly Trend

Offshore plants, the main cause of the shipbuilding industry’s prolonged recession, are making a comeback. Demand for offshore plants is changing from oil to eco-friendly energy such as offshore wind power and liquefied natural gas (LNG). It is expected to become a new growth driver for Korean shipbuilders. As demand for oil exploration and drilling has decreased, orders for related facilities have virtually stopped according to industry sources on Dec. 12. There are occasional orders for floating production, storage and offloading (FPSO) units to be installed in offshore oil fields ...

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