Hose Fitting, Hose Fitting Supplier, South Korea Hose Fittings

Company: PACOHITEC Co.

Country:  South Korea

Address: 108ho, 28dong, Industrial supplies market, Gwaebeop-dong, Sasang-gu, Busan, Korea (South) 617-726

Contact: Seunghyeok Kim

Tel: +82-51-266-6994

TRACTOR 1T/2T

Θ Inner Rubber: Oil resistant synthetic rubber.

Θ Outer rubber: oil resistance, weatherability, abrasion-resistant synthetic rubber.

Θ Reinforced layer: High 1W/B, 2W/B

*CLASS: ABS, BWB, DNV, GL, GOST-R, KRS, LR, RIN

Rockmaster 2 plus, Rockmaster

Θ Inner Rubber: Oil resistant synthetic rubber.

Θ Outer rubber: oil resistance, weather ability, abrasion-resistant synthetic rubber.

Θ Reinforced layer: High 2W/B, 4W/S

*CLASS: ABS, GOST-R, LR, MAKNII 

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[Marine] Shipping boom in 2016?

Foresight founder Ravi Mehrotra believes "Divine Intervention" from China and India could create the largest boom in shipping history in 2016.

A second wave of growth in the Chinese economy coupled with a rise in Indian consumption will provide the inspiration for the freight markets, he forecast.

Speaking at a meeting of the Indian Maritime Association last week Mehrotra said, "At present we are in an oversupply position. But come 2016 – that is my prediction – we are in for another shipping boom."

{C}{C}
{C}{C}Published : September 27, 2012

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[Marine] Pax. hit record low

Panamax index hit the lowest level since its inception.

The BPI fell to 426 points, the worst since the index was introduced in the late 1990s, with earnings at $3,399 daily, the Baltic Exchange said.

The previous low of 440 points was recorded at the end of 2008.

Braemar Seascope explained that the Atlantic market is just getting weaker and weaker.


Published : September 27, 2012

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[Marine] More VLCC sales

Interest in older very large crude carriers (VLCC) is continuing a high level.

VesselsValue now estimates the price of a five-year-old, 300,000-dwt VLCC at $26.8m, up from $23.6m two weeks ago.

A long downward trend for vintage VLCC asset values is bottoming out and rising.

Recently brokers reported Embiricos Group had sold its 1995-built 298,306-dwt Crete for $25m-$27m.


Published : September 27, 2012

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[Equipment] DNV to class FLNG

DNV has been awarded the contract to class the Petronas LNG-FPSO (FLNG).

The unit will be built by Daewoo Shipbuilding & Marin Engineering in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia. It is expected to be the world’s first floating liquefaction unit in operation when completed in 2015.

The Petronas FLNG will be 300m long and 60m wide and will be moored 180km from shore. It is designed to produce 1.2 million tonnes a year (mtpa) of LNG, boosting Malaysia’s total LNG production capacity from 25.7 mpta to 26.9 mpta.

The scope of the DNV contract includes the floating structure, mooring arrangement and natural gas liquefaction technology. Among the challenges of the project are:
• cryogenic storage tanks that are tolerant to sloshing
• topsides that include gas pre-treatment and liquefaction processing equipment and
• ship-to-ship offloading equipment suitable for LNG transfer at sea.

The FLNG unit negates the need for a costly or technically problematic offshore pipeline to transport the gas back to land-based liquefaction plant and includes liquefaction technology, designed for use on a floating facility.

“The ability to process and offload LNG offshore will increase the viability of significant gas reserves in Malaysia’s remote and stranded fields and beyond that, we foresee a number of these very high investment projects being built throughout the world as a means of developing gas fields and transporting the gas economically to market,” says Conn Fagan, Vice President of floating gas project business development at DNV.

“There is currently a high demand for LNG,” says Mr Fagan. It can be a cost effective solution for supplying the energy needs of rapidly growing cities such as those in Bangladesh, China, India, Indonesia and Vietnam, as well as providing flexibility of supply for consumers currently reliant on pipeline gas. This demand, coupled with the presence of large offshore gas reserves, some in remote locations, has made the floating LNG production unit an interesting technical and economic option.

“DNV is at the forefront of FLNG technology and we are building competence around the world to support Petronas in this project and other clients who are entering the field,” says Mr Fagan. “This is cutting edge technology for the oil and gas industry and it will have a dramatic impact on the nature of upstream business around the world.”


Published : September 27, 2012

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[Equipment] Scrap yards saturated

Old ship scrap rates have been falling and the dry shipping market has picked up a bit recently, which has led to a drop in demolition activity last week.

Brokers reported a few sales to India as shipbreakers in Bangladesh and Pakistan held off from signing any demolition deals despite a lot of old tonnage on offer.

Rates have softened steadily for several weeks now as breakers focus on clearing a backlog of tonnage at their beaches.


Published : September 27, 2012

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[Ship Building] Newbuild Orders Rebound

Newbuilding order seems to rebound around the world. According to Mysteel.com, during the third week of this month, a total of 29 newbuildings were contracted, up by 16 ships from previous week.

Chinese shipyards inked 13 vessels, up from 10 ships in the second week - four bulkers were booked by German owner, Dalian Shipbuilding Industry Co contracted four drillships (optional three ships included) from Norshore, etc.

Korean shipbuilders penned overall 12 vessels, while Japanese only won one bulker.

Meanwhile, some of marine thick-plate prices made in China also turned around coupled with increasing newbuilding contracts.

Eight major cities in China all saw increases in prices. In case of 20mm thick plate, price rose by CNY 50-60 ($8-9.5) week-on-week in Shanghai, Jinan, Ningbo and Tianjin.

Thick-plate prices slightly increases recently, however, steel mill industries consider that upturn in prices is limited as domestic shipbuilding industries are still struggling over market depression.


Published : September 27, 2012

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[Ship Building] Special/Eco Ship order

As global economy does not seem to be improved, newbuilding ordering activity is expected to be on the down side, overall. But only limited new orders are reported in fuel-efficient eco-friendly bulkers and large boxships, as well as special ship, such as drillship, PCTC, shuttle tanker, etc.

The World Trade Organization (WTO) downgraded its view on the projected growth of world trade for 2012-2013 period last week - down to 2.5% from 3.7% for 2012 and 4.5% from 5.6% for 2013. Eurozone crisis, depression in the US and Japan, as well as controlled growth of China, etc., have been reflected.

Moreover, tightened ship financing market protracts, which restricts speculative orders.

As a result, only cash-rich owners are able to take advantage of favorably low prices and place orders for newly-developed Eco-designed vessels. Most of owners are looking into investment in non-traditional type market, such as drillship, PCTC, shuttle tanker, etc., along with fuel-efficient bulker, containership, etc.

Samsung Heavy Industries of Korea recently contracted two drillships and two shuttle tankers, while Dalian Shipbuilding Industry Co (DSIC) of China booked its first drillship. Daewoo-Mangalia Heavy Industries has inked an order for PCTC for the first time.

Clarkson Hellas said inquiry for latest-designed newbuildings is beginning to pick up in various sectors. Particularly, shipyards are eyeing for new orders in container market.


Published : September 27, 2012

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[Ship Building] Yamal Arctic LNGC tender

Yamal LNG recently called a tender for the construction and operation of ARC7 ice-class LNG carriers.

The bidders include seven shipbuilders and 13 shipping companies.

Korea’s big4 shipbuilders, Japanese two yards and Russia's USC are understood to be participating.

Yamal LNG will post Pre-Solicitation Notice and the tender details will be announced by the end of 2012.

The project in the Russian Arctic is seeking up to 16 world’s first ice-breaking LNG carriers.

Aker Arctic has been developing the concept design of around 170,000 cbm for the vessels.


Published : September 27, 2012

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[Ship Building] Chinese may not recover till 2020

New ship orders for Chinese shipbuilding industry has decreased by 50 percent year on year so far this year.

Orders on hold in Chinese shipbuilding companies have also decreased by 30 percent year on year.

Domestic banks have been worrying the repaying ability for the industry.

"Some experts expect that the industry can't revive until the year 2020," said a high-ranking official of China Construction Bank.

China Association of the National Shipbuilding Industry encouraged companies to focus on opportunities of domestic fleet building, development of South China Sea and maritime rights protection, to endeavor to get orders of special purpose-dredger, coast guard vessels and other marine engineering equipments.


Published : September 27, 2012

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