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| :: MARITIME NEWS ::
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1.
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Daewoo Shipbuilding & Marine Engineering Co.,Ltd is approching to contract two(1+1) 22,000 cbm LPG Carriers at worth USD 32mill/ship.
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2.
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Samho Shipyard (Korea) contracted three(1+2) 3,000dwt product tankers with Sembcorp Logistics at worth USD 7.5mill.
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3.
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NORDEN (Denmark) ordered two
55,000dwt bulk carriers from
Mitsui Shipyard (Japan).
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4.
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Miura Shipyard (Japan) contracted three product tankers(two 4,999dwt & one 1,900dwt) with Japanese shipowner.
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5.
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TEPCO (Japan) ordered a 135,000 cbm LNG carrier from Mitsubishi Heavy Industries (Japan).
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6.
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SWS Shipyard (China) contracted a 150,000dwt FPSO.
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7.
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Hyundai Heavy Industries (Korea) two 172,000dwt Cape size Bulk carriers with Golden Union, at worth USD 36mill.
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8.
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Pertamina Shipping (India) plans to contract for newbuilding of 11 product tankers.
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9.
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Sanoyas Shipyard (Japan) contracted two 113,000dwt
Aframax tankers with Seaarland shipping (Austria).
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10.
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French energy company Gaz de
France's newly contracted
74,000-cbm LNG carrier at
Chantiers de l'Atlantique comes
with a price tag of
US$130.9mill.
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11.
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Fincantieri shipyard contracted a Fast Ferry with Tirrenia Group.
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12.
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Cummins and Mercury Marine to Form Joint Venture
Cummins Marine, a division of Cummins Inc., and Mercury Marine, a division of Brunswick Corporation, announced the formation of a 50/50 joint venture to supply integrated diesel propulsion systems to the worldwide recreational and commercial marine markets. The joint venture, Cummins MerCruiser Diesel Marine LLC, will be headquartered in Charleston, S.C. Under the terms of the agreement, Cummins will supply diesel engines 15 liters and below, including certain electronic displays and other hardware. Mercury Marine will supply the Mercury 1.7 liter, 2.8 liter, 4.2 liter and 7.3 liter diesel engines, drive units for sterndrive applications and their SmartCraft(R) electronic integration hardware.
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13.
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Japan back to No. 1 in shipbuilding
Japan regained the title of the world's No. 1 shipbuilder in 2001, beating out rival South Korea for the first time in three years, according to industry data.
According to data from the Shipbuilders' Association of Japan and other organizations, domestic shipbuilders in 2001 received orders equivalent to 7.97 million tons on the basis of compensated gross registered tonnage -- a measurement for shipbuilding work.
The amount is 1.56 million tons more than the year before.
Orders for South Korean shipbuilders in 2001 totaled 6.41 million tons, down 3.99 million tons from the year before.
The two are the world's major shipbuilding countries and receive about 75 percent of global orders. Japan had enjoyed the No. 1 position until 1999, when South Korea overtook it with lower prices.
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14.
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Shipbuilders
Eye More Value-added Vessels
Most Korean shipbuilding firms
ushered in 2002 with new
strategies to win more
shipbuilding orders for
cutting-edge vessels, such as
liquefied natural gas (LNG)
carriers and offshore plants.
Korean shipbuilding firms began
concentrating investments into
the technical know-how for the
construction of sophisticated
vessels about three to four
years ago, as shipbuilding cost
for such value-added ships ran
about two to three times higher
than that of building
conventional ones.
On the strength of their
technical know-how, Korean
ship-makers won shipbuilding
contracts for a total of 23 LNG
carriers last year, a sharp
rise from only eight in the
preceding year. Analysts said
that the ships accounted for
about 70 percent of the global
orders and that another 100 LNG
vessels will have to be built
by 2010.
Korean firms also find that
various offshore plants, such
as a floating production
storage and offloading (FPSO)
system, used for offshore oil
exploration, are more
lucrative. They say that the
global demand for such plants
has been rising constantly and
the construction period of such
equipment is usually longer.
Daewoo Shipbuilding has won
contracts to build ten LNG
carriers last year, and the
firm said it will continue to
exert all-out efforts to win
new orders for such vessels
this year. The firm also plans
to expand its shipbuilding
capacity of up to five LNG
vessels to ten this year.
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15.
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Acquisition
of Hippo Marine Ltd
Fender care marine solutions
acquired "Hippo
Marine". an established
manufacturer of marine safety
products, both for offshore and
onshore use.
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