Marine Equipment Global Service Center

A successful business partner to communicate live with the world

Establishment of Global Network

-Establishment of worldwide global network for marine business

-Prompt after-sales service to increase the service rate of ships

Sales Promotion

-Consulting on purchase of marine equipment and spare parts

-Serving as an agency to buy marine equipment and spare parts

e-Market Place (www.shipsol.com)

-Provision of global e-Market Place (www.shipsol.com)

-Operation of portal site on marine equipment and spare parts (www.komec.kr)

Other marine related businesses

-Invitation to overseas buyers

-Conclusion of technical partnership

-Offer of a chance to meet with marine equipment companies of Korea

-Attending marine exhibition

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

E-mail: gsc@komea.kr

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Korean to sweep $61bn

South Korea's shipbuilders and offshore engineering players are expected to win overall $61.1bn worth of new orders this year, up by 4.8% on 2011, however, big three would dominate the market.

On the report for shipbuilding industry, analyst Park Mu-Hyun from E*Trade Securities forecast that world overall new order would reach about $78bn, down by 13.5% on 2011, including $34.7bn for commercial ship, $6.3bn for LNG carrier, $37bn for offshore plant and specialized vessel, etc.

South Korean shipbuilders' new order this year is promising, as offshore plant and LNG carrier seem to lead the market than commercial ship.

E*Trade's Park expected that Korean shipbuilders would win $61.1bn this year, up by 4.8% from $58.3bn in 2011.

In terms of new order target by shipbuilding companies, Hyundai Heavy Industries aims $14.5bn (New order record in 2011: $16.4bn), Samsung HI $12.5bn ($15bn), Daewoo Shipbuilding & Marine Engineering $11bn ($14.9bn), STX Offshore & Shipbuiding $7bn ($2.1bn), Hyundai Mipo Dockyard $3.2bn ($2bn), Hyundai Samho Heavy Industries $4bn ($3.4bn), Hanjin Heavy Industries & Construction $800m ($300m), STX Dalian $500m ($300m), STX Europe $5bn ($4.4bn), etc.

Meanwhile, as troubled merchant ship market being expected to last for a while, new order gap between China would get bigger, however, Korean small-and-medium size yards would face difficulties.

Tanker and bulker market, excluding boxship, would continue to be depressed by slow economic recovery in the US and financial crisis in Europe, from which 80% of global ship financing come.

Park forecast that about 1.23m-teu newbuild containership, totalling $10.6bn would be placed this year, down by 31% from 1.78m-teu or $19.3bn in 2011.

About yearly 30 LNG carriers are expected to be placed for nine years, while 32 vessels of $6.3bn of newbuildings ordered this year, among which Korea would bag 80%, 25 vessels of $4.8bn.

In case of drillship, new order placement of 25 vessels, $15bn is predicted in 2012, among which Korean Big three would ink 90% of 23 vessels of $13.5bn.

Meanwhile, among prospected 12-unit new order for offshore production facilities worldwide, Korea would win eight units, he forecast.

Published : January 20, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

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"Korean Eleven" target $54bn

South Korea's 11 major shipbuilders are to progressively work to bear fruits, targeting $54bn of new order for ships and offshore plants in 2012.

The Ministry of Knowledge Economy (MKE) and the Korea Shipbuilders' Association (KOSHIPA) revealed on 19 January that Korean builders would maintain the first place in new order in 2012.

In 2011, Korea was placed at the top with overall $48.16bn fresh orders, while China won $19.2bn.

The 11 major shipbuilders in Korea include Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Samsung HI, Hyundai Samho HI, Hyundai Mipo Dockyard, STX Offshore & Shipbuilding, Hanjin HI & Construction, ShinaSB Yard, Dae Sun Shipbuilding & Engineering, Sungdong Shipbuilding & Marine Engineering, and SPP Shipbuilding.

Quoting Clarksons' data, the Korean government said that world new order would decline by 9.7% on 2011, due to oversupply, shrinkage in ship financing, global economic uncertainties, etc.

However, MKE prospected that Korean yards would aim to concentrate on offshore plant and LNG carrier, with target for offshore plant sector reaching about $18.5bn.

Big three's offshore plant would take around half of overall new order.

Meanwhile, part of offshore facilities, including fixed offshore platform, semi-submersible rig, etc., and overseas affiliated yards seem to be excluded from the state-released data.

Having secured 48.2% (13.55m cgt) of world new order in 2011, Korea took back the first place in four years.

One FPSO, totalling $680m, one LNG-FPSO, valued at $2.41bn and four LNG-FSRU, totalling $1.06bn, ordered in 2011, were all taken by Korean builders.

Also, Korea inked 77% of overall newbuilding drillship (26 vessels, $14.22bn), 84% of LNG carrier (38 vessels, $7.72bn) and 74% of large-sized containership over 8,000-teu class (80 vessels, $10.76bn).

Published : January 20, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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Daewoo semi-sub contracted

Daewoo Shipbuilding & Marine Engineering signed newbuilding contract for one semi-submersible rig, ordered from Odfjell of Norway.

The semi-submersible rig, ordered already in December 2011, was firmly contracted on 18 January after specific adjustments.

The rig, totalling $620m, would be constructed at Okpo yard and delivered by mid 2014.

Odfjell's rig, 119m in length and 97m in breadth, can operate up to 10,000m underwater.

Equipped with high-end Dynamic Positioning System, which is made up with GPS system, computerized thruster controlling system, eight thrusters, etc., the rig can well position itself amid harsh environment. Also, winterization technology was applied.

Meanwhile, Odfjell has ordered a total of three semi-submersible rigs at Daewoo, including the recent one, and builds up a long-term partnership with the South Korean shipbuilder.

Daewoo said, "Daewoo leads semi-submersible rig market, by having inked overall 24 units and delivered 18 so far."

Published : January 19, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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Hyundai to win offshore & plant

Hyundai Heavy Industries would achieve 2012 target with massive new order for offshore and plant, despite troubled commercial ship market.

Analyst Jeon Yong-Beom, Solomon Investment & Securities said on 17 January, "As Hyundai is expected to win huge projects in offshore and plant sector, it would be able to keep the largest amount of orders on the book."

Hyundai, including Hyundai Samho Heavy Industries, aims overall new order target of $23.6bn from its Shipbuilding, Offshore & Engineering and Industrial Plant & Engineering divisions.

Hyundai alone targeted $9.1bn for Shipbuilding, $5.2bn from Offshore & Engineering and $5.1bn from Industrial Plant & Engineering division.

As major offshore plant projects, totalling about four units, on the market, besides Australian Ichthys gas field development project this year, Offshore & Engineering division seems to be able to reach $4.5bn of new order from 2011, without difficulty.

In case of Industrial Plant & Engineering division, the South Korean shipbuilder failed to achieve the target last year, due to postponement of Nigerian onshore plant, valued at about $3bn. However, it would possibly meet the target, considering delayed Nigerian project, thermal power projects from Kuwait and Saudi Arabia worth about $2bn respectively.


Published : January 18, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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Samkang offshore beneficiary

South Korea's Samkang M&T would reap the benefit from Big three's rally in new order for offshore plant.

Analyst Han Byung-Hwa, Hyundai Securities said on 17 January, "Samkang M&T's profits now turning around by increase in demand for offshore-plant thick pipe and module. Moreover, Samkang, the only thick pipe maker for offshore plant, would get a premium."

Han added, "P/E ratio is undervalued to seven, on the basis of estimated earnings for this year."

Published : January 18, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

E-mail: gsc@komea.kr

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PANASIA record-high BWTS order

South Korea's PANASIA inked its New Year's first ballast water management system for a bulker, to be built at a Japanese yard.

PANASIA's BWTS GloEn-Patrol™ recorded new order for 124 vessels and delivery for 35 vessels in 2011.

Since commercialization of GloEn-Patrol™ in December 2009, it has won for a total of cumulative 171 vessels and has delivered for 47 vessels. Also, installation and trial run for 23 vessels have successfully completed.

Meanwhile, PANASIA also secured new order for GloEn-Patrol™ GII (GENERATION II), installed with singular high-capacity module MULTI CAGE TYPE, for LNG carrier.

GloEn-Patrol™, which completed overall 46 patent applications, was awarded several prizes, including a bronze medal of 'South Korea Technology Award' presented by the Ministry of Knowledge Economy, etc.

Published : January 18, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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2012 Marine Exhibition Schedule

Looking for the Marine Exhibition for 2012? 

Here is more information about 2012 Marine Exhibition Schedule.

Asia Pacific Maritime: 14, Mar – 16, Mar in Singapore

Sea Japan: 18, Apr – 20, Apr in Japan

Singapore Maritime Week: 23, Apr – 27, Apr in Singapore

OTC 2012: 30, Apr – 3, May in USA

Posidonia: 4, Jun – 8, Jun in Greece

SMM: 4, Sep – 7, Sep in Germany

Gastec : 8, Oct – 12, Oct in UK

Shiptech China: 23, Oct – 26, Oct in China

Marinetech Korea (by KOMEA): 13, Nov – 16, Nov in Korea

Seatrade Middle East Maritime: 27, Nov – 29, Nov

Global e-Market Place- 24/7 total marine service

1. Easily accessible information

  We provide not only the latest information on products, companies related to 
     marine equipment but also a worldwide sales& maintenance network

2. Easy to purchase marine equipment and spare parts

  You can easily search products from various companies at one site

3. Convenient procurement consultation

  You can directly ask the companies about the products you are interested

4. Where you can find outstanding products at good prices

  You can purchase outstanding products at low cost based on market 
     principles with carious participating companies

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

E-mail: gsc@komea.kr

                       

                                              Click Here!!

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[selling leads] Air-cooled Air Compressor BL-60

Air-cooled Air Compressor BL-60
-Product Description 

Air-cooled compressors are two or three stage air cooled compressors for final pressure up to 40bar. Large axial type fans produce the necessary air flow. Air is drawn over the individual cylinders which are arranged in V or W configuration. Effective cooling is achieved by carefully designed radiating fins on the cylinder heads in addition to the used of copper or aluminum alloy the large space cooler. 

-Product Feature 

-Simple constructions 
-Reduced space by compact design 
-Low running costs by long maintenance interval 
-High reliability by low compression ratio 
-Light weight 
-High volumetric efficiency 
-Low installation costs 

-Product Specification / Models 

Air-cooled air compressor 
Model : BL-60 
Maximum Pressure : 30 
No. of stages : 2-stage 
No. of cylinders : 3 
Speed : 1170/1470/1770(rpm) 
Free air delivery : 44/53/62(㎥/hr)Required Power : 9.3/11.7/14.1(kW) 
Heat Dissipation : 8000/10100/12200(kcal/hr) 
Dimension(L*W*H) : 1160*630*660(mm) 

Usage : Main engine starting, control air, service air, topping up, 
Application : Commercial ships, Naval ships, Submarines, Offshore rigs, Nuclear power stations, Diesel power stations, GIS sub-stations, Gas turbine power stations, Gas boost plants, PET bottle manufacturing plants, Breathing air systems 

Bumhan Industries Co.,Ltd

654-4 Bongam-dong, Masan Heowon-gu, Changwon-si, 

Gyeongsangnam-do, 630-803

Phone 82-55-251-6070 Fax 82-55-251-6071

www.bumhan.com

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Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

E-mail: gsc@komea.kr

Samsung smooth-sailing

Samsung Heavy Industries of South Korea seems to easily achieve its new order target of $12.5bn in 2012.

Analyst Sung Gi-Jong, KDB Daewoo Securities said on 17 January, "As projected demand for LNG-FPSO, LNG-FSRU and other specialized vessels is expected to increase, Samsung would exceed the target this year."

KDB Daewoo's Sung said, "The Geojae-based shipbuilder successfully inked massive new order in 2011, totalling $15bn, amid global economic uncertainty."

Added, "Owing to offshore sector, of which business expanded into fixed platform from floating one, Samsung is likely to achieve the overall target."

Sung forecast that Samsung would ink $9bn of new order from offshore sector, $3.5 from commercial ship sector. It is expected to win large-size drillship, floating facilities (FPSO, LNG-FSRU, etc.), fixed platform (pipe line, gas central processing facility, etc.) and other specialized vessels from overall offshore sector.

Meanwhile, he prospected that earnings results for the fourth quarter 2011 would not meet the market consensus, with KRW 3.41trn ($2.96bn) of turnover, KRW 210.9bn of operating profit and 6.18% of operating margin being estimated, on consolidated basis.

Sung explained, "This is caused by more low-margin newbuilidngs getting constructed."

Published : January 18, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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STX charters Greek newbuild

Greek shipowner Soloi has tied up a period contract for its latest supramax newbuilding which has just been delivered from a Chinese Jinling Shipyard.

STX Pan Ocean has taken on the 57,000-dwt Dimi (built 2012) for 36 to 41 months, according to the Baltic Exchange.

The $11,000 per day deal comes with the supramax spot market at a three-year low and on a day when the Baltic Dry Index slipped below 1,000 points for the first time since January 2009.

Brokers explain Soloi is happy to have a steady cash flow from a ship at an uncertain time for the sector.


Published : January 18, 2012

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Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com 

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

E-mail: gsc@komea.kr