[Selling Leads] Marine bronze valve

JIS F7367 Marine Bronze Rising Type Gate Valve

The JIS marine valve are used for controlling the medium to open and close in fuel oil, lubricating oil, water and steam piping at or under the temperature of 120℃. The flange dimensions are according to JIS B2220s standard of steel pipe.

JIS F7371 5K Marine Bronze Swing Check Valve

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

 JIS F7410 16K Marine Bronze SDNR Angle Valves

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

size : DN15-40

Nominal Pressure	16kgf/cm²(1.56Mpa)
Seal Pressure	18kg/cm²(1.76Mpa)
Intensity Pressure	24kg/cm²(2.38Mpa)
Medium	Max Pressure kgf/cm²(Mpa)
Oil & flow water	16kgf/cm²(1.57Mpa)
Lenitic water ≤120℃	22kgf/cm²(2.16Mpa)

JIS 7352 5K Marine Bronze SDNR Angle Valve

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

size : DN15-65

Nominal Pressure	5kgf/cm²(0.49Mpa)
Seal Pressure	7.7kg/cm²(0.761Mpa)
Intensity Pressure	10.5kg/cm²(1.04Mpa)
Medium	Max Pressure kgf/cm²(Mpa)
Oil & flow water	5kgf/cm²(0.49Mpa)
Lenitic water ≤120℃	7kgf/cm²(0.69Mpa)

 JIS F7303 16K Marine Bronze Blobe Valve

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

size : DN15-40

Nominal Pressure	16kgf/cm²(1.56Mpa)
Seal Pressure	18kg/cm²(1.76Mpa)
Intensity Pressure	24kg/cm²(2.38Mpa)
Medium	Max Pressure kgf/cm²(Mpa)
Oil & flow water	16kgf/cm²(1.57Mpa)
Lenitic water ≤120℃	22kgf/cm²(2.16Mpa)

JIS F7301 5K Marine Bronze Globe Valve

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

size : DN15-40

Nominal Pressure	5kgf/cm²(0.49Mpa)
Seal Pressure	7.7kg/cm²(0.761Mpa)
Intensity Pressure	10.5kg/cm²(1.046Mpa)
Medium	Max Pressure kgf/cm²(Mpa)
Oil & flow water	5kgf/cm²(0.49Mpa)
Lenitic water ≤120℃	7kgf/cm²(0.69Mpa)

JIS F7304 16K Marine Bronze Angle Valves

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

size : DN15-40

Nominal Pressure	16kgf/cm²(1.56Mpa)
Seal Pressure	18kg/cm²(1.76Mpa)
Intensity Pressure	24kg/cm²(2.38Mpa)
Medium	Max Pressure kgf/cm²(Mpa)
Oil & flow water	16kgf/cm²(1.57Mpa)
Lenitic water ≤120℃	22kgf/cm²(2.16Mpa)

JIS 7409 16K Marine Bronze SDNR Globe Valves

The product are used for preventing refluence in fuel oil, lubricating oil and water piping at or under the temperatuer of 120℃.  The flange dimensions are according to JIS B2220 standard of steel pipe.

size : DN15-40

Nominal Pressure	16kgf/cm²(1.56Mpa)
Seal Pressure	18kg/cm²(1.76Mpa)
Intensity Pressure	24kg/cm²(2.38Mpa)
Medium	Max Pressure kgf/cm²(Mpa)
Oil & flow water	16kgf/cm²(1.57Mpa)
Lenitic water ≤120℃	22kgf/cm²(2.16Mpa)

CONTACT Information
V-goal Marine Valve Manufacturing Co.,Ltd
jimo lingshan, qingdao, Shangong, China 266200Phone 86-1595-5553-3312
http://www.v-goalvalve.com

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China reveals 'Offshore Vision'

The Ministry of Industry and Information Technology of China (MIIT), the National Development and Reform Commission, the Ministry of Science and Technology of China, the State-owned Assets Supervision and Administration Commission of the State Council and the State Oceanic Administration People's Republic of China have announced their 'Mid-to-Long Term Development Plan for Offshore Facilities (2011-2020)'.

The plan is to develop China's offshore facilities industry for 10 years. Becoming a global top in offshore facilities as a goal, the plan includes to enhance competitiveness by innovation and up-scale industry, to secure a perfect industrial system, to create industrial clusters, etc. Besides, it states detailed policy, tasks, schemes and others to reach the goal.

Recently, China has made development in offshore sector, in particular, offshore oil/gas development shows the fastest growth, having exceeded yearly turnover of CNY 30bn ($4.7bn) and approaching 7% of global market share.

The Central People's Government of China has specified offshore facility as China's one of strategic industries, 'high-value facility construction industry', in October 2010. Also, China saw five to ten years in the future as the important period in development of offshore facility and has been promoting long-term growth through the recent plan.

As for the specific offshore facility plan, firstly it is to raise the industrial scale up to global level, aiming yearly turnover in the excess of CNY 200bn and offshore oil/gas development industry to reach 20% of overall market share, by 2015. Also by 2020, it targets yearly turnover in the excess of CNY 400bn and offshore energy development to reach 35% share.

Secondly, the plan is to build up an industrial cluster and major corporate group, by creating a favorable environment for around five to six companies to gather in Yangtze River Delta, Pearl River Delta and Circum-Bohai-Sea Regions.

Thirdly, to achieve technological progress and innovation and the last is to reinforce related system and construction capacity.

MIIT will work with the other four governmental branches to meet the target.


Published : February 10, 2012

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Hyundai inks high-end VLGC

Pertamina is confirmed to have ordered a very large gas carrier at a high price, more than $6m above today’s market price.

The state-owned Indonesian energy company placed a $79.5m order for a VLGC at South Korea's Hyundai Heavy Industries according to brokers.

The newbuilding would be delivered to Pertamina in 2014.

Set against the market level for a newbuilding VLGC sized 78,000-84,000 cu m of $72m, according to London-based shipbroker Clarksons’ database, the price paid by the Indonesian seems high. Clarksons’ data shows that the price has hovered between $72m-$73m since July 2010.

The new order comes as Asian energy companies take an increasing number of cargoes from the Atlantic due to high prices for Middle Eastern LPG.

Published : February 10, 2012

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Newbuild activity bounces

Shipping market now faces depression for a long period due to global fleet overcapacity by massive newbuilding delivery, nevertheless, newbuilding market has been recovering during the past fortnight's time period, 31 newbuildings having been ordered.

In particular, after Lunar New Year vacation ended in South Korea and China, several newbuilding negotiations and contracts have been made.

Owners and shipbuilders are both in trouble, facing shrinking ship financing and bulker rates having hit rock bottom in 26 years. However, it is forecast that newbuilding would steadily be ordered, with builders' aggressive sales activity.

Shipowners who have enough funds are to seize the opportunity to place orders at attractive price. Since 27 January, eight bulkers (excluding options), eight tankers, 11 OSVs and two specialized vessels have been contracted as well as one drillship and one LNG-FSRU in offshore sector.

As for bulker market, China's Qingshan Shipyard booked 2+2 handysize bulkers from Pola of Belgium, South Korea's STX Offshore & Shipbuilding secured 4+2 kamsarmaxes from Efnav of Greece and STX Dalian won two supramaxes from Ince Denizcilik of Turkey, during the past two weeks.

South Korea's Daewoo Shipbuilding & Marine Engineering inked four VLCCs and one aframax product carrier from Kuwait Oil Tanker Company (KOTC), STX Dalian 2+2 MR PCs from Evangelos Pistiolis' Central Shipping and South Korea's Hyundai Mipo Dockyard one MR PC from Ditas of Turkey.

In OSV sector, India's ABG Shipyard secured six AHTSs from SCI, the Netherland's Damen two PSVs from World Wide Shipping of Norway, Spain's Balenciaga S.A two PSVs from Craig of UK and Norway's Bergen one OCV from Volstad.

Meanwhile, Australia's Austal penned one catamaran Ro-Pax ferry from French Polynesian operator Aremiti and Japan's Mitsubishi Heavy Industries one Ro-Ro, equipped with new technology restoration facility, from Nippon Shipping.

As for offshore sector, South Korea's Hyundai HI contracted one additional 170,000-cbm LNG-FSRU from Hoegh of Norway and Singapore's Sembcorp, through its Brazilian affiliated Estaleiro Jurong Aracruz, booked one ultra-deepwater drillship from Sete Brasil for the first time for the jack-up rig specialist yard.

Published : February 10, 2012

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Korea's Shipbuilding Industry Takes on New Challenges

According to forecasts, local shipbuilders will have a better year in 2011, securing advantageous position in the international shipbuilding market. Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) announced on January 4 that a total of nine ships from Daewoo were selected as the best ships of 2010 by overseas magazines.

Two UK based monthly magazines, Naval Architect and Fairplay Solution, picked three ships built by Daewoo as the best ships of the year, and while two U.S.-based monthlies, Marine Log and Maritime Reporter, picked three Daewoo ships each as the top ships of 2010. Every year, these leading magazines in shipbuilding and engineering select the best ships of the year.

Daewoo's ships received worldwide recognition, with industry magazines praising four of their container ships and three of their oil tankers.

Hyundai Heavy Industries successfully won a contract to build a high-priced drillship for their first order in 2011. Hyundai announced on Jan. 4 that it clinched the deal with U.S.-based Diamond Offshore Drilling, a Houston-based oil and gas drilling firm, to build a US$590 million deep water drill ship.

Unlike existing drill ships that can only work up to 3 kilometers down, this vessel is designed to carry out drilling operations as deep as 3.6 kilo meters underwater, Hyundai said. On the same day, Korea's Hanjin Heavy Industries held a naming ceremony for its 180,000-ton bulk carrier, the Christina Bulker, at Yeongdo Dockyard in Busan. The company hopes the ship will play a central role in building Hanjin's status within the industry.

Meanwhile, the Ministry of Knowledge Economy announced a plan to help the local shipbuilding industry retake the number one spot in the global shipbuilding industry. The plan involves having leading local shipbuilders like Hyundai, Daewoo, STX and Samsung Heavy Industries teach managerial techniques, core technologies and other aspects of shipbuilding in a wide range of industries, the ministry said. The ministry urged leading local shipbuilders to work together with small and medium-sized enterprises in order to achieve growth and secure industrial competitiveness. The ministry also said it will raise funds to support joint technology development and research and development projects between academia and the industry.

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Samsung 2020 Vision

South Korean major shipbuilder Samsung Heavy Industries sets up a goal to achieve $36bn of turnover by 2020, compared to $12.5bn in 2011.

Samsung's President & CEO Roh In-Sik had a meeting with Korean and overseas analysts in charge of shipbuilding, and announced Samsung's mid-to-long term strategy on 7 February.

During the meeting, President Roh announced a new vision, '2020's Global Leader in Ocean & Power'; To achieve $36bn of turnover in 2020; to expand value chain in offshore sector and fresh entrance into Machinery & Electric Power; To focus on three main businesses Shipbuilding, Offshore and Machinery & Electric Power for future growth.

To carry through the newly-made vision, Roh said that Samsung takes strategic tie-up or M&A, etc., into consideration and suggested 2012 is its first year for vision accomplishment.

Samsung intends to expand Wind Power business and heavy electric machinery sector and make balance of all three businesses, among which particularly shipbuilding and offshore plant sectors being weighted now.

The Geojae-based shipbuilder is to focus on technical development in offshore and specialized ship sectors, including LNG carrier, LNG-FPSO, drillship, etc., and be specialized in high-value vessels. Also, it would jump into new promising market in offshore business and machinery & electric power, including heavy electric machinery, robot, offshore wind power.

Samsung plans to reach $36bn of turnover in 2020, proportioned with 36% from shipbuilding, 40% from offshore and 24% from machinery & electric power.

Analyst Kim Hyun from Shinhan Investment Corporation said, "It is noteworthy that Samsung strategize to expand value chain in offshore sector, by building up local bases in new market, including Brazil, Nigeria, etc., and entering green fields of offshore subsea facility sector."

Meanwhile, Samsung targets KRW 14.9trn ($13.3bn) of turnover and $12.5bn of new order for ships and offshore products ($13.7bn in total) in 2012.

Published : February 9, 2012

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PANASIA in Full-Scale Promotion

PANASIA CEO Mr. Robert Soo-Tae Lee (Right) and ASIASIS CEO Mr. James Sin-Jung Lee shaking hands after signing the advertising contract.

PANASIA, a dark-horse in the burgeoning BWMS market, ramps up worldwide marketing drive for its industry-popular BWMS GloEn-Patrol™.

South Korea's fast-emerging Ballast Water Management System specialist PANASIA (http://www.pan-asia.co.kr) and one of the world's most prestigious shipbuilding & offshore magazines ASIASIS held an advertisement contract signing ceremony at PANASIA headquarters in Busan on February 8th.

PANASIA CEO Mr. Robert Soo-Tae Lee and ASIASIS CEO Mr. James Sin-Jung Lee put pen to paper for the contract.

The shipbuilding & offshore equipment export-oriented manufacturer is now in a large-scale overseas promotion program and it has chosen ASIASIS as its marketing media partner. The one-year period advertising contract value stands at $200,000.

PANASIA's advertisement will be placed on the main page of ASIASIS web site as well as on Korean and Chinese version ASIASIS daily newspapers.

Meanwhile, back in mid-January PANASIA inked its New Year's first BWMS for a bulker, to be built at a Japanese shipyard.

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

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Since commercialization of GloEn-Patrol™ in December 2009, it has won for a total of cumulative near 200 vessels and has delivered for more than 50 vessels. Also, installation and trial run for around 30 vessels have successfully been completed.

PANASIA's GloEn-Patrol™ ballast water management system operates through a filter unit and a UV disinfection unit to remove particles and organisms.

With no biocide chemical usage, the system is eco-friendly. Also, GloEn-Patrol™ is proud of its minimum operating costs with little maintenance for the process.

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

The Busan-based company is expanding its production capacity as it plans to construct a third factory by the end of 2012.

Published : February 9, 2012

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