Friday, January 13, 2012

SPP fuel-saving "Crown Duct"


Professor Lee Gui-Ju, Department of Naval Architectural Ocean Engineering, Chosun University of South Korea and his research team successfully developed a fuel-saving device for ship.

Professor Lee and his team won 'Development for ship energy saving device' project from SPP Shipbuilding, with KRW 350m (about $0.3m) of research expense provided.

After a year and a half of research, they succeeded developing Crown Duct, which converts propeller's rotational energy into propulsion energy.

It is proved by SSPA Sweden, which provides vessel testing service, that crown duct saves 4.5% of fuel. Also, it is easy to install between the hull and propeller.

Professor Lee said that about KRW 120m can be saved for a large vessel in a year.






Published : January 12, 2012



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Hyundai aims LNG-FPSO pair




Hyundai Heavy Industries plans to win two LNG-FPSO orders (Floating LNG Production Storage Offloading units) in 2012.

Hyundai and Hyundai Samho Heavy Industries' 2012 target for Shipbuilding, Offshore & Engineering and Industrial Plant & Engineering divisions, is set $23.6bn, up from $19.8bn in 2011.

Among Hyundai's overall seven divisions, Offshore & Engineering, in particular, secured $4.55bn (excluding drillships) of new order last year and targets $5.2bn for this year.

The South Korean shipbuilder plans to focus on three sectors in offshore plant - ▲LNG-FPSO, ▲Sub-structures of offshore windfarm facilities, and ▲Subsea.

Executive Director Kim Jung-Saeng, Offshore & Engineering division said, "Hyundai recently developed its own LNG-FPSO model and we eye on winning new orders for about two LNG-FPSOs in the second half this year."

Also, the Ulsan-based yard plans to actively go into Subsea market, which takes about 70% of overall offshore project. Hyundai has already entered the market, having a total of 10 vessels of pipe layer, etc. Going forward, it is to expand into other subsea businesses with its previous experiences of new order placement from global oil majors, its technical skills, etc.

Offshore & Engineering sector has raised its business capacity by constructing FPSO, oil platform, etc., and recently successfully received approval in principle (AIP) for its self-developed LNG-FPSO from DNV. Also, its capacity of individual operation from engineering to installation, for topside/hull module has also been approved.

As new order for offshore sector is expected to be larger than that for commercial ship, Hyundai would strengthen the offshore organization and manpower.



Published : January 13, 2012




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Indian enters shipbuilding




India's Titagarh Wagons (TW) is moving into shipbuilding business and aims to construct bulk carriers of up to panamax-size.

It will pick up a stake in the newly floated sister company Titagarh Marine.

“We are already into heavy engineering and we are foraying into shipbuilding now,” said TW chairman JP Chowdhary.

“The new company has already been floated, which is in the process of setting up a shipyard to build vessels at Kakinara in West Bengal and then we plan to expand at Kulpi."

The group will invest INR 65bn ($1.26bn) in the two projects, although TW’s exact stake is not yet clear.


Published : January 13, 2012




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[catalogs] BNWAS - HiWMS_PE







HiWMS-PE
Hyundai Intelligent Watch Monitoring System

Hyundai Intelligent Watch Monitoring System, HiWMS-PE, is designed to monitor bridge activities and to detect operator disabilities which could lead to marine accidents. It monitors the awareness of the Officer of the Watch (OOW) and automatically alerts the master or another qualified OOW if for any reason the OOW becomes incapable of performing the OOW's duties. Additionally, the HiWMS-PE provides the OOW with a means of calling for immediate assistance. It complies with the requirement of IMO Resolution MSC. 128(75) and IEC 62616.




• Display : 7” TFT (800x480)
• Serial Interface : 3 Ports
(Additionally 4 Ports, Option)
• Digital Input : 4 Points
• Digital Output : 4 Points




• Display : 4 digit segments
• Serial Interface : 1 Port
• Digital Input : 6 Points
• Digital Output : 8 Points



• Extensible I/O Module
• Digital Input : 32 Points
• Digital Output : 16 Points



Functions
• Detection of unattended bridge or operator disabilities
• Visual indication and audible alarm
• Selectable back-up navigators
• Interval check logging on each stage
• Adjustable interval check time
• Reset by a single operator action

Bridge Watch Monitoring
•Display alarm status for navigational equipment
•Visual Indication and audible alarms
•Sound off and acknowledge for alarms
•Display alarm group and history (OP-10)

Bridge Navigation Alarm
• 2 stage remote audible alarm to back-up cabins
• 3 stage remote audible alarm to all cabins and public space

Alarm Transfer
• Immediately activate the 2 stage remote audible alarm

Emergency Call
• Immediately activate the 2 stage remote audible alarm

Configuration


Hyundai Heavy Industries Co.,Ltd.
Tae Young, Yang (Busan Branch, Marine Sales)
Wooriaviva Bldg, 12F, 3, Sujung-Dong, Dong-Ku, Busan, Korea (South) 604-716
Phone 82-51-463-4382
Fax 82-51-463-8843
http://hyundai-elec.com




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Thursday, January 12, 2012

Big3 fight for LNG-FPSO



South Korea's Big three are known that they are hurriedly commercializing LNG-FPSO.

Following the only yard with new order record, Samsung Heavy Industries, Hyundai HI also completed independent model development for LNG-FPSO. Daewoo Shipbuilding & Marine Engineering started a subsea gas field business, which Daewoo investigate field business value and make a suggestion.

Entrance into the high-tech new market is caused by tougher competition in shipbuilding market.

Hyundai recently received approval in principle (AIP) for its self-developed "Hyundai FLNG" from DNV, which produces 2.5m-ton liquefied natural gas in a year and stores 193,800-cbm. It already commenced new order sales for the vessel.

Daewoo started viability study in offshore field in Israel, expecting it to begin production by the end of 2016 and looking forward to win new order for LNG-FPSO.

Samsung had already sealed LNG-FPSO, totalling $3bn, from Royal Dutch Shell in May 2011.

After accidents at nuclear power plants in Fukushima, Japan, demand for LNG is expected to grow, and so is inquiry for LNG-FPSO, accordingly.

Japan's Mitsubishi Heavy Industries developed LNG-FPSO in April 2010 and Mitsui Engineering & Shipbuilding is seeking to expand offshore business with cooperation with Mitsui Ocean Development & Engineering Co. However, due to strong yen and weak won, Korea seems to lead the market.

Japanese companies are likely to join LNG-FPSO market though, in manufacturing storage tank and engineering liquefaction facilities, etc.



Published : January 12, 2012






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Daewoo wins Odfjell semi-sub



Bergen, Norway, headquartered Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a newbuild, semi-submersible offshore drilling unit for use in the U.K.'s West of Shetland region.

The contract value is approximately $1.2 billion, excluding options, and is the largest contract in Odfjell Drilling's 40 year history.

The new unit will be involved in drilling in the Schiehallion and Loyal fields and will form a key part of the Quad 204 development. The full contract, which is subject to approval by the Quad 204 Partnership, will have a fixed duration of seven years and is due to start in fourth quarter 2014.

The Quad 204 project is a joint venture to re-develop the Schiehallion and Loyal fields, West of Shetland, in the U.K. BP is operator and owns 36.3 percent, with other interests as follows: Shell (36.3 percent); Hess Ltd (12.90 percent); Statoil (UK) Ltd (4.84 percent); OMV (UK) Ltd. (4.84 percent) and Murphy Petroleum (4.84 percent).¨

The new state of the art sixth generation rig will be built in South Korea by Daewoo Shipbuilding & Marine Engineering (DSME).

The new rig for BP is of the enhanced GVA7500 harsh environment design and will be a sister rig of the Deepsea Atlantic and Deepsea Stavanger previously delivered to Odfjell by DSME.

Daewoo announced last month that it inked a semi-submersible rig with an un-identified European client.

It revealed the newbuilding has a price tag of KRW 727.3bn ($621.9m) and will be delivered by May 15th 2014.



Published : January 12, 2012





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STX OSV prospects "bright"



STX OSV shareholders are sitting on a win-win situation following Statoil's recent discovery of huge oil and gas reserves in the Barents Sea.

The find is a boost for investors whether or not parent company STX Group decides to stick or twist with the mooted sale of its 51% stake, AM Fraser said in a note to clients.

The Norwegian oil and gas giant revealed this week it had found up to 300 million barrels of oil, adding to a similar sized discovery nearby last April.

Analyst Lee Yue Jer says the discoveries have rejuvenated oil and gas prospects close to the North Sea, a part of the world previously considered to have passed its peak.

STX OSV, the largest builder of high specification offshore support vessels that conditions in the area demand, will see a slice of the action through fresh orders, Lee adds.

In particular, sea conditions will make floating production platforms less attractive than subsea installations, boosting demand for construction vessels.

The discoveries have also improved the prospects of STX Group attracting a buyer for its stake in the shipbuilder.

The Korean outfit is thought to have employed a pair of investment banks to help offload its 50.75% holding in order to tone down debt.


Published : January 12, 2012



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Korea tops new orders



South Korean shipbuilders gained back the first place in new order from China in 2011.

According to Clarksons on 10 January, South Korean builders secured 13.554m cgt of new order last year, while Chinese yards remained winning 9.202m cgt.

Due to shrinking ship financing and troubled shipping market, global new order plunged to 28.113m cgt, about only 70% of orders from 2010. Also, 2012 new order of China were halved from 19.58m-cgt in 2010.

Korea increased new order from 12.629m cgt in 2010 and its market share jumped to 48.2% from 31.2%, while China sharply declined to 48.4% from 32.7%. Meanwhile, Japan was suffered a humiliating new order of 1.49m cgt and 5.3% market share, the lowest record ever.

Massive orders for high-value ship, including drillship, LNG carrier, ultra-large boxship, etc., has widened gap between China. In particular, total amount has the biggest gap between Korea ($48.16bn) and China ($19.2bn).

In numerical terms, Korean yards inked 355 newbuildings, down from 500 vessels in 2010, while China contracted 487 vessels.

Meanwhile, Korea holds a total of 37.661m cgt of orders in the book, as of early January 2012, while China secures 44.993m cgt of backlog and keeps the first place since January 2009. World orderbook stands at 114.98m cgt, among which China, Korea and Japan take 39.1%, 32.8% and 12.2% each.



Published : January 10, 2012



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Daewoo builds up offshore manpower



Daewoo Shipbuilding & Marine Engineering fixed new order target of $11bn for 2012. With a plan to win about 80% of orders from offshore facility sector, Daewoo re-organize designing and production staffs.

Production Management team manager, Kim Sang-Do said, "We made a suggestion to executive managements to strengthen organization and manpower for offshore sector."

Unlike commercial ship, which is easily constructed by standard, offshore facilities are different every time with requests by owners.

A sizable number of designing staffs have already transferred to offshore facility sector and production team also placed experts to offshore, preferentially.



Published : January 10, 2012



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