Shipbuilding. Energy. Transport

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"Maritime Market" - 2016

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NEVA 2017
October 27, 2016

Media Kit 2017

Maritime Market #4(58), December 2016

New issue of "Maritime Market" #4(58) is preparing. Advertisement orders are accepted until November 21, 2016.
The magazine invites companies to conclude advertising contracts for 2017.
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Global Internet service for Shipyards and Shipowners
October 26, 2016

Sea Port of Saint-Petersburg reinforces its machinery fleet

In the framework of the overall modernization of machinery at JSC “Sea Port of Saint-Petersburg” (SPSP, a member of UCL Holding) two new forklift trucks KALMAR DCF330-12LB with capacity of 33 tonnes were purchased and delivered to the port from Sweden.
In the coming months SPSP is expected to receive ten UNICARRIERS lift trucks with the capacity of 2.5 tonnes for handling of aluminum.
Before the year is out, the cargo handling fleet of SPSP will be reinforced with four 10-tonnes and eight 8-tonnes lift trucks.

Rickmers-Linie loads record number of transformers in Rijeka

Rickmers-Linie’s mv RICKMERS TOKYO is now the record holder for the largest single shipment of transformers from the port of Rijeka, Croatia. The vessel took over a total of 15 transformers weighing between 56 and 142 tonnes in mid-September, representing the largest number of transformers ever loaded in a single call in Rijeka.
Twelve transformers were manufactured by Koncar Power Transformers Ltd., a joint venture by Siemens and Koncar Holding, and the further three transformers by Koncar D&ST in Zagreb. Port handling of this shipment was taken care of by Liburnia Maritime Agency, Opatija.

LUKOIL begins commercial production at Pyakyakhinskoye field in West Siberia

Oct. 25, 2016 - LUKOIL started today commercial production at the Pyakyakhinskoye oil and gas condensate field in the Yamal-Nenets Autononous District. The event is a milestone for both the Company and the Russian oil and gas industry.
Recoverable reserves of the Pyakyakhinskoye field of the C1+C2 category under the Russian reserve classification are estimated at 86 million tons of liquids and 253 billion cubic meters of gas.
The Pyakyakhinskoye field facilities, built with the use of Russian-made equipment and materials, are designed to withstand the extreme operating conditions at sub-zero ambient temperatures of up to -56 ° centigrade.

Navig8 Chemical Tankers Inc. Takes Delivery of its Fourth Newbuilding 25,000 DWT Stainless Steel Chemical Tanker from Kitanihon

Oct. 26, 2016 - Navig8 Chemical Tankers Inc., an international shipping company focused on the transportation of chemicals, today announced that it has taken delivery of the Navig8 Stellar, a 25,000 DWT stainless steel chemical tanker from Kitanihon Shipbuilding Co., Ltd (Kitanihon).
The Navig8 Stellar is the fourth of six vessels contracted at Kitanihon to be delivered to the Company and is the second and final vessel to be delivered under the sale and leaseback arrangements entered into with subsidiaries of SBI Holdings, Inc. announced on Sept. 15, 2016.
Following delivery from Kitanihon, the Navig8 Stellar was delivered to SBI under the terms of the sale MOA and then delivered back to the Company under bareboat charter.

Clean-up of toxic waste site Krasnyi Bor discussed by HELCOM

The international community discussed this week joint cooperation for cleaning up a major HELCOM Hot Spot - the toxic waste site Krasnyi Bor near St. Petersburg, Russia, at the HELCOM Pressure group meeting in Warsaw, Poland.
Upon the initiative of Finland, Estonia and Sweden, HELCOM countries called for Nordic Environment Finance Corporation (NEFCO) to coordinate the international involvement to the Krasnyi Bor waste site. A road map to remediate the site by 2025 was presented at the meeting by a representative of the St. Petersburg administration.

October 25, 2016

ABS Earns Auditor Status in AWO Responsible Carrier Program

ABS, a leading provider of classification and technical services to the marine and offshore industries, has been approved by the American Waterways Operators (AWO) to carry out audits of its Responsible Carrier Program (RCP).
The RCP, a safety management system for tugboat, towboat and barge companies, requires AWO member companies to undergo periodic management and vessel audits conducted by an independent third party.

Three new product tankers for dAmico International Shipping: fleet reaches record numbers with an investment exceeding $100 million

Oct. 24, 2016 - d’Amico International Shipping S.A., leading international company in maritime transport specialised in the product tanker market, launched three new eco-ships at the Vietnamese shipyard Hyundai Vinashin Shipyard Co. Ltd: one handysize and two medium range vessels.
The total investment for the three ships launched amounted to 104 million dollars. With the delivery of the recently launched Cielo di Salerno on 21 October, the d’Amico International Shipping fleet includes 51.8 ships. The delivery of High Wind is expected in the first half of November 2016, while High Challenge will be operative by the start of 2017.

Navig8 Product Tankers Inc. Takes Delivery of its Fourth Newbuilding Product Tanker from Guangzhou Shipyard International Company Limited

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, today (Oct. 24) announced that it has taken delivery of the Navig8 Guide, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (GSI), formerly CSSC Offshore & Marine Engineering (Group) Company Limited.

Siemens wins orders for five onshore projects in northern Germany

Oct. 25, 2016 - Direct-drive wind turbines from Siemens are gaining ground on the German market: Siemens has now received five orders for 23 of these state-of-the-art wind turbines.
Two of the wind farms are situated in Germany's northernmost state of Schleswig-Holstein, while the other three are to be erected in Lower Saxony.
Installation of all five projects, comprising anywhere from one to eight of these gearless units each, is to be completed by the spring of 2017.

October 24, 2016

Keppel to deliver one of the worlds largest FPSOs to Bumi Armada

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver one of the world's largest Floating Production Storage and Offloading vessels (FPSO) to Bumi Armada Berhad (Bumi Armada) for operations in offshore Angola.
The naming ceremony of the FPSO, Armada Olombendo, was held at Keppel Shipyard earlier this month.
Keppel Shipyard converted a Very Large Crude Carrier (VLCC) tanker to an FPSO which measures 382 metres in length with the external turret and 58 metres in width. Armada Olombendo has a design life of 20 years and will be deployed to block 15/06 East Hub Field Development off Angola to fulfill its charter contract for the exploration and production company, Eni Angola.

GTT receives an order from DSME to equip two new LNG carriers

GTT has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip two new LNG carriers.
The vessels will be built at DSME's shipyard in Geoje, Korea, on behalf of Maran Gas Maritime, a Greek management company. They will be equipped with GTT’s NO96 cryogenic membrane containment system. Delivery is scheduled for 2019.

Dresser-Rand business to supply turbine-generator sets for Egypt's Zohr gas field

Oct. 24, 2016 - The Dresser-Rand business received an order from Egypt-based Belayim Petroleum Company (Petrobel) for three model SGT-400 industrial gas turbines, including associated electrical generators. The total order value is in the double-digit million euros range.
Petrobel, a joint venture formed by Italian oil and gas company, Eni, and Egypt’s General Petroleum Corporation (EGPC), is developing the Zohr gas field, located about 200 kilometers off Egypt's Mediterranean coastline.
The order scope also encompasses a service package that includes spare parts supply and on-site maintenance. The turbine-generator sets are slated for delivery in early 2017.

Cargotec launches a programme to achieve annual cost savings of approximately EUR 25 million in MacGregor

Cargotec is launching a programme to achieve annual cost savings of approximately EUR 25 million and beginning statutory cooperation negotiations. According to preliminary estimates, efficiency improvement actions seek the reduction of approximately 260 full-time equivalents globally. MacGregor employed globally 2,355 persons at the end of September 2016.
The objective of the savings is to adapt to the prevailing market situation faced by MacGregor. In addition, the aim is to ensure long-term competitiveness on global markets and to continue the improvement of operational efficiency.

Industry news
IMDS 2017
October 26, 2016

Diesel-electric submarine Veliky Novgorod delivered to RF Navy

On 26 October 2016, Admiralteiskie Verfi shipyard delivered diesel-electric submarine Veliky Novgorod to RF Navy.
The Veliky Novgorod submarine, the fifth one in the series being built by Admiralteiskie Verfi shipyard for RF Navy, was laid down in October 2014. The submarine has been built under the long-term plan of RF Defence Ministry on Black Sea Fleet’s combat readiness recovery and the programme on improvement of diesel-electric submarines for Russian Navy.

Russia Revived Crimean Shipyards, Defense Companies in 2.5 Years - Deputy PM

Moscow has brought shipyards and defense companies in Crimea back to life during the last two years and a half, as contrasted to Kiev's activities in regard to them, Russian Deputy Prime Minister Dmitry Rogozin said Friday (Oct. 21).

After 20,000 Job Cuts, Worlds Top Shipyards Brace for More

South Korea’s shipbuilding industry - home to the world’s top three manufacturers -- has eliminated more than 20,000 jobs this year. They may not even be halfway through.
Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. are among builders that have sent workers home and the industry could lose as many as 40,000 more positions by the end of this year, the Korea Labor Institute estimated.
The sector employed 163,000 people at the end of June, down from 183,000 at the end of December, according to the Korea Offshore & Shipbuilding Association.

Global oil demand to rise 1.2 million bpd in 2017, steady from 2016 - IEA's Birol

Global oil demand will rise by 1.2 million barrels per day (bpd) in 2017, steady versus oil demand growth this year of 1.2 million bpd, despite gains in Chinese consumption, the chief of the International Energy Agency (IEA) said on Tuesday (Oct. 26).
Birol also said he was expecting global oil markets to rebalance in the second half of next year, unless there is a supply intervention that raises prices and draws suppliers back into production earlier than that.

Offshore production nearly 30% of global crude oil output in 2015

Global offshore oil production in 2015 was at the highest level since 2010, and accounted for nearly 30% of total global crude oil production.
Offshore oil production increased in both 2014 and 2015, reversing consecutive annual declines from 2010 to 2013.
Production from onshore tight oil plays has increased faster over the past several years and accounts for an increasing amount of total oil production.

Nord Stream 2 Gas Pipeline Project Contradicts EU Interests

Doubling the capacity of the Nord Stream pipeline could have counterproductive effects on energy security, the diversification of supply sources and solidarity among member states of the European Union, according to the statement of the members of the EU Parliament.

Denmark to Initiate Study on Unmanned Ships

The Danish Maritime Authority (DMA) has taken a step toward the masterless ships as it is launching a pre-study on autonomous ships together with the Technical University of Denmark (DTU).
The cooperation between the parties has an aim to increase the common knowledge base and to set the preliminary frames so that the development and use of unmanned ships can come about in an appropriate manner.

October 24, 2016

Global CEOs urge shipyards to address overcapacity

Leading executives from major shipyards in five global powerhouses - Japan, Europe, China, Korea and the US - painted a gloomy picture of the global shipbuilding industry, urging players to address a supply glut.

Global Shipbuilding Market: Size, Trends and Forecasts (2016-2020)

The report titled "Global Shipbuilding Market: Size, Trends and Forecasts (2016-2020)" provides an in-depth analysis of the global shipbuilding market with detailed analysis of market size and growth, market share and economic impact of the industry.
The report also provides market size of each of the segments of the market on the basis of the types of ships.

Russia's Podmoskovye project 667BDRM sub undergoes sea trials after upgrade

Russia’s special purpose nuclear powered submarine The Podmoskovye is undergoing sea trials after repairs and upgrade, the repair shipyards Zvyozdochka, in Severodvinsk.

Russia oil minister signals cooperation with Saudis on price

Russia's oil minister signaled possible cooperation with Saudi Arabia at a meeting with his Gulf Arab counterparts in Riyadh on Sunday (Oct. 23), as the kingdom seeks to convince major oil producing countries to cut production in order to increase prices.

October 21, 2016

Ambitious Antarctic Research Project Launches From Russian Port

An ambitious new project involving more than 50 researchers from 30 countries will attempt the first full circumnavigation of Antarctica to measure pollution and climate change.
The international team will travel on the Russian research vessel Akademik Treshnikov, which left its home port of Arkhangelsk in the Russian arctic on October 19.
The main stage of the expedition will leave South Africa's Cape Town on December 20 and return on March 18, braving turbulent weather and hostile conditions in the Southern Ocean.
The Antarctic Circumpolar Expedition will be the first scientific mission to study all the major islands in the vast ocean, as well as the Antarctic land mass, both of which are less well known to scientists than the Arctic.

Russian shipbuilders for Vizag; Putin-Modi pact to usher investment

An agreement signed by Prime Minister Narendra Modi and Russian President Vladimir Putin on shipbuilding is expected to usher in Russian investments to Vizag.
Under the agreement, signed on the sidelines of the BRICS summit in Goa, Russian shipbuilding major United Shipbuilding Corporation (USC) may explore the option of a joint venture with HSL on manufacturing their orders.
Vizag was chosen by USC for its good sea, road and air connectivity. USC will make Vizag its manufacturing hub and also export products to other countries. USC is a Russian government-owned entity.

ABG Shipyard may sell controlling stake to Russian firm

As on March 31, ABG Shipyard's debt stood at about Rs 16,000 crore
Debt-laden ABG Shipyard would soon get a new owner as promoters of the company are in advance talks with a Russian shipbuilder for sale of controlling stake.

S. Korean institutional investors to invest $443 mn in KNOCs shale gas development in U.S

State-owned Korea National Oil Corporation (KNOC) is expected to tap about 500 billion won ($443.5 million) worth funds from major South Korean financial institutions to additionally invest in shale gas development in the United States that has recently started to ramp up the pace.

Coming Events
Maritime Vortal
December, 2016

Saudi Transtec 2016

Dec. 5-7, 2016 • Dammam, Saudi Arabia

INMEX China 2016

Dec. 7-9, 2016 • Guangzhou, China

Direct Email
January, 2017

Euromaritime 2017

Jan.31 - Feb.2, 2017 • Paris, France

March, 2017

Fujairah Bunkering & Fuel Oil Forum

March 27-29, 2017 • Fujairah, UAE

April, 2017

TransRussia 2017

April 18-20, 2017 • Moscow, Russia

May, 2017

Nor-Shipping 2017

May 30 - June 2, 2017 • Oslo, Norway

June, 2017

International Maritime Defence Show (IMDS-2017)

June 28 - July 2, 2017 • Saint Petersburg, Russia

September, 2017


Sept. 11-13, 2017 • Gdańsk, Poland


Sept. 19-22, 2017 • Saint Petersburg, Russia

October, 2017

INMEX SMM India 2017

Oct. 3-5, 2017 • Mumbai, India

November, 2017

Europort 2017

Nov. 7-10, 2017 • Rotterdam, Netherlands

[Complete List]

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