Dry bulk shipping firm Oldendorff Carriers said that the bulk carrier newbuilding MV“Christiane Oldendorff”(charter name“Midland Trader”) of 36,000 tdw will be delivered around the turn of the year.
In August 1974, MOL Ship Tech Inc. started as shipbuilding technical consulting company. We specialized in new shipbuilding supervision in April 2000 and we were entrusted with design and approval of drawing from MOL in July 2004.
The Dutch banks finance the building of new ships, and- along with Norwegian bank DNB and Norwegian export financier Eksport Kreditt- are concerned about the environmental and human impact of the shipbreaking industry.
This implies that newbuilding order activity in 2019 needs to slow relative to 2018 levels in order to reduce the risk of vessel oversupply," GasLog said.
The technology was built into the very design of the new ships, incorporated into every step of the development process of each prototype, from conception to construction.".
During the event, Costantino Baldissara, Commercial, Logistics and Operations Director of the Grimaldi Group, praised the relationship between the Group and the port of Halifax and illustrated the characteristics of the newbuilding.
The positive outlook for LNG commodity and LNG shipping markets, as well as historically low newbuild prices, resulted in both existing LNG carrier owners and new entrants ordering new vessels.
A fire has occurred in No.3 hold of the newbuilding ship berthing at Quay No.3, and 3 persons are injured while fighting the fire"- such was the specific scenario for the drill.
A newbuild due in November known as"FSRU 9" already has a 15-month charter while the vessel is marketed to long-term projects, and"FSRU 10" is due next May.
Currently, there are about 250 shipbuilding company in Indonesia with production capacity reach to 1 million deadweight tonnage/year for the construction of new ships and that estimate 12 million deadweight tonnage/year for reparation.
Given the prospect that firm future demand is expected in the new shipbuilding market on the back of increasing marine transport, Kawasaki this time intends to expand the manufacturing and sales of ships, primarily large ones, through investment in additional facilities.
Specifically, its duties start with the evaluation of new ship specifications submitted by the internal Sales Department and include preparing construction specifications that incorporate"K" LINE's one-of-a-kind specifications, checking drawings and other material submitted by the shipyard, managing construction processes of ships under construction, on-site supervision and quality management.
In the Energy Transportation and Tanker Sector, although a plan of balanced contraction has to be taken in view of the prospects that market recovery will take considerable time due to strong supply pressure of newbuildings; on the other hand, stable profit is certainly expected by mid-term contracts concluded for LNG carriers.
We know from our own experience: on new ships in critical situations, difficulties often arose that became insurmountable not only because of psychological unavailability and insufficient practical skills of a person, but also because of the technical features of the most complex device, which is a modern ship..
As for Dry Bulk Business, although the market is finally pulling out of the historically low level, there is no specific outlook for recovery in the demand for cargo movement especially in China, so there is no chance of"binge shopping" by the Chinese that occurred a while back, and the supply pressure is still strong for newly-built ships.
To clarify work flows involved in new ship construction operations, facilitate the division of labor and spread awareness among Technical Group personnel of new ship construction policies that reflect"K" Line ideas, we established our Quality Management System(QMS) based on the ISO 9001 international standard for quality management systems and acquired certification in 2008 from DNV, a Norwegian society that provides ship classification services.
The Company may seek to acquire newbuilding or secondhand vessels, one or more companies with agreements to purchase newbuilding or secondhand vessels, one or more companies that already own or operate vessels, a number of such companies as a group or one or more entities that provide commercial management, operational and technical management or other services to one or more segments of the shipping industry.
This is primarily because supply of newbuildings ceased, and also because of Fukushima Daiichi Nuclear Plant problems, for this year 7-8 million tons of LNG demand growth, mainly for Tokyo Electric Power Company. With such demand boom, we suppose in the middle term this segment could become very promising, but for Fiscal 2011 only, this segment will not recover rapidly with these elements.
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