Friday, March 25, 2011


Korean shipbuilders have been dominating the world drillship newbuilding market since this year.







Korea's big three - Hyundai, Samsung and Daewoo - have made a clean sweep of all the 10 new drillship orders placed worldwide so far this year with their outstanding technology.






In particular, drillships are expected to see more new orders since the investment into resource development projects is increasing with oil prices soaring, and oil majors facing limit oil development in shallow water are moving into deep water.






One shipbuilding player says, "The competition in grabbing new drillship orders is cutthroat actually among Korean yards since other rivals like Europeans, Japanese or Chinese cannot catch up the high-tech for drillships. Therefore, Korean yards can improve their results in a big scale this year thanks to the good fight in the offshore sector."










Published : March 18, 2011
Source: Asiasis
 
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SWS succeeds in brand making


China's Shanghai Waigaoqiao Shipbuilding (SWS), a major subsidiary of China State Shipbuilding Corporation (CSSC), was awarded 'a prize of quality contribution to Fudong New Territory's shipbuilding industry' in the shipbuilding show held in Fudong New Territory on the 28th of last month.







SWS has been dedicating itself to meet customers' demands through its brand making strategy with taking the values of customers, management, brand, efficiency and benefit into its first consideration.


As the results of those efforts, SWS-built 155,000-dwt bulkers and 105,000-dwt aframax tankers are chosen as brand products of Shanghai and brand products of China respectively, lifting the yard's image and market competitiveness to the next level.










Published : March 17, 2011


Source: Asiasis
 
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Korea's Daewoo Shipbuilding & Marine Engineering acquired a certificate for health and safety management system, 'KOSHA 18001'.

According to Daewoo, it received the certificate and certification plaque for the 'KOSHA 18001' on the 9th of the month with some from the Korea Occupational Safety and Health Agency (KOSHA) and some Daewoo officials attending.



The 'KOSHA 18001' is an accreditation scheme to certify those companies which can meet the health and safety standards regulated by KOSHA.



Daewoo is the only one to acquire a certificate for 'KOSHA 18001' this time and for 'OHSAS 18001', health and safety international standards in 2001 among domestic shipyards.



Daewoo expects, through the latest certification, effective safety and health management activities, continuous improvement of various potential risk and productivity improvement through reducing accident rate and business losses.





Published : March 17, 2011
Sourece: Asiasis
 
 
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Some Japanese shipbuilders have declared force majeure on delays of newbuilding deliveries in the wake of the earthquake and tsunami catastrophe.




Steel materials and other marine equipment supply chain took a hit from the disaster and uncertainty rose whether shipyards could build and deliver newbuildings as scheduled.



Sumitomo Metal Industries' Kashima mill has ceased supplying steel plates to shipyards and other equipment makers such as Nippon Paint Marine Coatings, Niigata Power Systems have been also damaged in their production facilities.



Japan's planned blackout, outfits' suspension of business and raw material supply chain damage are all affecting shipyards' building schedule.



But an official from a large shipbuilding company said they would like to avoid declaring force majeure if possible, considering the current slump of newbuilding market.



If newbuilding delivery is delayed beyond contractual delivery date, one month of grace period is given usually, and then penalty for breach of contract is imposed each day.





Published : March 18, 2011
Source: Asiasis
 
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Hyundai-Steel increases production

Korea's Hyundai-Steel plans to steadily increase its market share in the shipbuilding steel plate market.


The steel producer, for now, provides only small amount of steel plates to Daewoo Shipbuilding & Marine Engineering and STX Offshore & Shipbuilding, etc, but seems to be able to hunt another big customer, Samsung Heavy Industries, this year.

Daewoo purchased 70,000 to 80,000 tons of steel plates from the steel maker last year, and STX has been using only small amount of the maker's products since late 2010.

Samsung has not made any deal with the steel maker yet, and Hyundai seems to have purchased around 100,000 to 200,000 tons from the supplier.
The steel manufacturer, which is supplying certain amount of steel plates to some small and medium shipyard, plans to increase the production of steel plates to its maximum production scale of 1.5m tons this year, and shipbuilding steel plates would account for 900,000 to 1,000,000 tons of the total.


Published : March 25, 2011
Source: Asiasis
 
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MAN Diesel & Turbo confirms that MAN B&W 6S46MC-C8 engine with integrated SCR fulfills the IMO’s strictest emission standards.







The engine, an MAN B&W 6S46MC-C8 type capable of an output of almost 7 MW, was constructed in autumn 2010 by Hitachi Zosen Corporation at its Ariake works in southern Japan.






The engine is bound for a general cargo carrier, to be built at the Nakai shipyard and scheduled to enter active service later this year. The vessel was ordered by Japanese customer, BOT Lease Co. Ltd., and is operated by Nissho Shipping Co. Ltd.






The first engine-start took place in January 2011. In connection with this, MAN Diesel & Turbo dispatched a team to Japan to commission the engine-control system – the first in a series of planned visits. The team also optimised the integration of the SCR system that removes NOx from the engine’s exhaust gas.






The SCR system features:


• more than 80% NOx reduction based on the load cycle


• more than 70% NOx reduction on each load point in the load cycle


• easy switching between on/off modes for optimal emission performance on high seas and coastal waters.






Ultimately, MAN Diesel & Turbo confirmed that, in a world-first, the engine meets all emission requirements as stipulated by the International Maritime Organisation’s Tier-III legislation, due to come into force in 2016.






When bringing two-stroke engine performance up to Tier-III standard, MAN Diesel & Turbo considers both SCR (Selective Catalytic Reduction) and EGR (Exhaust Gas Recirculation) techniques. Based on a general evaluation of two-stroke MAN B&W engines, a high-pressure, urea-based SCR configuration was chosen as the optimal SCR solution.






Søren Jensen – Vice President Research & Development, Marine Low-Speed MAN Diesel & Turbo – said: “We haven’t just provided an engine and added an SCR system to it. On the contrary, we have delivered a bespoke system. As engine designer, builder and catalyst designer, MAN Diesel & Turbo and Hitachi Zosen comprise a group of specialists that have delivered an optimised propulsion/emissions package of engine, engine-control system and SCR system.”






Jensen concluded: “In the future, MAN Diesel & Turbo wants not only to develop engines but also to design engines with complete, emission-reduction systems. To that end, we envisage collaborating with many other partners in times to come in the same successful fashion as we have seen in Japan.”






Technical characteristics


To achieve the desired, higher exhaust-gas temperature and maximise NOx removal, the different elements of the emissions package are laid out in series, with the SCR system placed before the turbocharger.






MAN Diesel & Turbo’s engine-control system has a number of different ways to ensure the correct, exhaust-gas temperature. Uniquely, MAN Diesel & Turbo holds patents for a number of these methods.










Published : March 25, 2011
Source: Asiasis

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Samsung launches ‘Smart Shipyard‘

S. Korea's Samsung Heavy Industries and KT held an opening ceremony for 'Smart Shipyard' yesterday at Samsung's Geoje shipyard.



The yard said it has formed wireless internet access environment where workers can process tasks in real-time.


The smart shipyard jointly developed by the two companies is an industrial PLC (Power Line Communication) solution that uses wi-fi through powerline.


One official from KT said, "The smart shipyard provides optimized wireless internet access environment taking into consideration respective characteristics of the work inside and outside ships. We will develop more various solutions based on mobiles, such as real-time monitoring."


Another official from Samsung remarked, "The convergence of shipbuilding and IT will lead to an improvement of productivity and competitiveness."




Published : March 25, 2011
Source: Asiasis
 
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Daewoo to pen 20 18,000TEU‘s


S. Korea's Daewoo Shipbuilding & Marine Engineering is said to have ended new order talks for 20 optional ships of 18,000 TEU with Denmark's AP Moller-Maersk and to sign a final contract for the ships in June.



Daewoo and Maersk agreed on 20 options of the same ship type when they made a newbuilding contract for 10 boxships of 18,000 TEU in February this year.


The total value of the project including the options comes to around KRW 6trn ($5.3bn).


The price of the newbuildings would be higher than the first contracted ships. One official from the yard says, "The additional options would see an increase in price compared with those 10 contracted in February. The shipowner is positively reviewing the increase."




Published : March 25, 2011
Source: Asiasis
 
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Thursday, March 24, 2011

Not "High-Tech" only "Experience"

Korean and Chinese shipbuilders are diversifying away from conventional commercial ships into ultra-high-value offshore and deep-sea facilities for energy projects.



Especially, Korean yards are trying to keep ahead of the Chinese yards by building these high value-added offshore structures like FPSO.


The assumption is that China can build rust-bucket ships, but only Korea has got the know-how for this cutting-edge engineering.


Executives at Hyundai Heavy Industries, however, are quick to burst this bubble of misconception.


Even the high-value energy vessels are still not particularly hi-tech. Any nation, including China, can build enormous floating bath tubs, they argue.


South Korea does have a knowledge advantage over China, they say, but it is in managing manpower, costs and the whole life of a project. On average, Hyundai’s (costly) workers have 20 years of experience. Hyundai says that is where the battles will be won.


Inexperience in mega-projects could lead to delayed delivery and miscalculate costs.






Published : March 17, 2011
Source:Asiasis
 
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Ulsan city joins Turkey shipbuilding fair


The authority of Ulsan city in Korea and the Ulsan branch of the Korea International Trade Association (KITA) is to arrange a 'Ulsan Booth' with some Ulsan-based enterprises in the shipbuilding fair, 'Europort Istanbul 2011', taking place in Turkey from the 23rd to 26th of this month to foster exports in Korea's shipbuilding and offshore segments and to support overseas marketing.



The shipbuilding fair, which is held every two years in the promising market of the shipbuilding and shipping industry, Turkey, is the world first international shipping fair and was attended by around 8,000 people from 300 companies of 34 countries in 2009.


Those, who target a break into the overseas market related to the shipbuilding, yacht and maintenance and design of ships, can find a best chance to meet what they want in the fair.


Five Ulsan-based engineering companies will attend the fair to advertise their latest products.




Published : March 18, 2011
Source: Asiasis
 
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AVEVA new contract with Hyundai

AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, announced a significant new contract win with South Korea's Hyundai Heavy Industries (HHI), further increasing its investment in AVEVA solutions.





HHI has fully utilised AVEVA solutions since 1988. It has based its engineering and design on AVEVA solutions for the production of its commercial, offshore and special ships.


With increasing offshore projects, Hyundai Heavy Industries (HHI) is further expanding its usage of AVEVA's 3D design.


"We have a strong working relationship with AVEVA, as demonstrated with our past strategic partnerships. AVEVA has helped us to continue to achieve technological innovation and become a global leader," said H.Y Kim, General Manager at HHI.


"Our relationship with HHI is an example of AVEVA's commitment and contribution to the Korean market. HHI has benefitted from higher design efficiency and improved project quality when using AVEVA solutions," added Peter Finch, President, Asia Pacific at AVEVA.


HHI has recently announced the launch of state-of-the-art drill ship ‘Deepwater Champion' and a recent order for the world's largest heavy-lift vessel. AVEVA solutions were used in the design of ‘Deepwater Champion' and will play a major role in the new heavy-lift vessel project.



Published : March 23, 2011
Source: Asiasis

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2Q steel price becomes known



Korea's steel industry seems to announce the price advance of steel products for the second quarter of the year (from April to June) as early as this week.



According to the steel industry, domestic steel suppliers would increase the prices of typical steel products like thick steel or hot rolled steel plates by KRW 140,000 ($125) to 150,000 per ton compared with the first quarter.


The current prices of thick steel and hot rolled steel plates are KRW 950,000 and KRW 900,000 per ton respectively.


One insider from the steel industry says, "Steel products are like rice in all kinds of industry with abundant demands, so very sensitive to the scale of price advance and time. Even though we are planning to increase the price from the second quarter, the increased prices will go into effect only from the end of May or beginning of June when imported raw materials arrive to us."


Therefore, steel products will still be supplied at the same prices as the first quarter for a while.


But the real problem is the period before the 2Q prices go into effect.


A number of Japanese steel makers have stopped operation in the wake of the recent earthquake and tsunami, and already produced Japanese steel products cannot be shipped due to the destruction of ports with Korean steel makers' inventories running short quickly.


Thus, shipbuilders have already asked domestic steel producers - Posco, Hyundai-Steel or Dongkuk Steel Mill - to increase supply volume.


As a response to this request, Posco has formed a TFT regarding the Japan's earthquake, delaying maintenance work for the second hot roll plant of its Kwangyang steel mill to May from April to produce 300,000 tons more.


Another insider from the steel industry says, "Increasing production volume with full operation is definitely good thing only when profit is secured, but when the rise in raw material prices is not reflected in our product prices like now, it is no good."




Published : March 23, 2011
Source: Asia

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Sungdong scores 4,700TEU‘s

South Korea's Sungdong Shipbuilding & Marine Engineering has inked a contract for two 4,700-teu containerships with Tsakos Group, the largest boxships so far for the Greek owner, which is predominantly known for tankers and dry bulk vessels.



No price has yet been given for the vessels, which are scheduled for delivery in the first half of 2013 and will come equipped for dynamic trim assistance and cold ironing.

With a breadth of 37.3 m and a draft of 12m, the vessels are of a widebeam post-panamax configuration, which is becoming increasingly demanded for growth trades serving South America and Africa.


One knowledgeable source said standard specification vessels of this type could be ordered at prices close to $58m each, but the final price depended on extra features and other contractual details. The ships will be classed by Lloyd’s Register.




Published : March 24, 2011
Source: Asiasis
 
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