UOS Challenger was built at Fincantieri’s Palermo facility. The first multi-purpose offshore towing and supply vessel was delivered in February 2008. Another ten units, to be built at Fincantieri’s Palermo, Riva Trigoso and Muggiano shipyards, will all be delivered by mid-2010. The ‘UOS Challanger’ has a length of 76.5 metres, a beam of 17.5 metres, a draught of 6.85 metres and a deadweight of over 3,000 tonnes. Equipped with four diesel engines capable of generating 12,000kW, the vessel will be able to reach a maximum speed of 16.3 knots and to develop a bollard pull of 188 tonnes. The new vessel has been designed to obtain the highest class according to ABS regulations. The vessel will be able to operate in all offshore activities and carry out support services for oil rigs and exploratory platforms, open-sea towing, anti-pollution and fire-fighting operations, transport of dry and liquid bulk cargo.
Thursday, May 21, 2009
Naming of UOS Challenger at Fincantieri
Italy: Fincantieri’s Muggiano Shipyard held a naming ceremony on May 19 for the second of twelve supply vessels ordered by German shipowner, Hartmann Logistik.
UOS Challenger was built at Fincantieri’s Palermo facility. The first multi-purpose offshore towing and supply vessel was delivered in February 2008. Another ten units, to be built at Fincantieri’s Palermo, Riva Trigoso and Muggiano shipyards, will all be delivered by mid-2010. The ‘UOS Challanger’ has a length of 76.5 metres, a beam of 17.5 metres, a draught of 6.85 metres and a deadweight of over 3,000 tonnes. Equipped with four diesel engines capable of generating 12,000kW, the vessel will be able to reach a maximum speed of 16.3 knots and to develop a bollard pull of 188 tonnes. The new vessel has been designed to obtain the highest class according to ABS regulations. The vessel will be able to operate in all offshore activities and carry out support services for oil rigs and exploratory platforms, open-sea towing, anti-pollution and fire-fighting operations, transport of dry and liquid bulk cargo.Read More
UOS Challenger was built at Fincantieri’s Palermo facility. The first multi-purpose offshore towing and supply vessel was delivered in February 2008. Another ten units, to be built at Fincantieri’s Palermo, Riva Trigoso and Muggiano shipyards, will all be delivered by mid-2010. The ‘UOS Challanger’ has a length of 76.5 metres, a beam of 17.5 metres, a draught of 6.85 metres and a deadweight of over 3,000 tonnes. Equipped with four diesel engines capable of generating 12,000kW, the vessel will be able to reach a maximum speed of 16.3 knots and to develop a bollard pull of 188 tonnes. The new vessel has been designed to obtain the highest class according to ABS regulations. The vessel will be able to operate in all offshore activities and carry out support services for oil rigs and exploratory platforms, open-sea towing, anti-pollution and fire-fighting operations, transport of dry and liquid bulk cargo.
Slater bemoans 'reckless owners' and 'totally overwhelming' orderbook
Athens: Asian shipyards can now rebuild the world fleet once every nine years, and this fleet is already 25% larger than is needed, veteran ship financier Paul Slater told conference delegates in Athens yesterday.
Speaking at a Lloyd's Shipping Economist ship finance gathering, he described the present orderbook as "totally overwhelming", noting that "contractual cancellations have been minimal". Although deferrals are being widely negotiated in all ship types, he said, this will only spread the deliveries over three or four more years. Around $750bn had been spent by "reckless owners" on new ships in the five years prior to 2008, with $500bn still on order "and due to be delivered into markets that have evaporated or never even existed", he said. But yard capacity shows no sign of declining and China is already filling deferred spaces with new ships for Chinese owners with cargo contracts to Chinese industrial groups. Warning that this could have an "enormous negative effect on the dry cargo markets and delay any recovery by years", he noted that the moves are in line with China's central government edict in 2005 that set an objective for 75% of all China's imports to be carried in Chinese ships by 2020. It is also a major part of the Chinese Government's $1bn stimulus package for shipyards, announced two months ago.
Speaking at a Lloyd's Shipping Economist ship finance gathering, he described the present orderbook as "totally overwhelming", noting that "contractual cancellations have been minimal". Although deferrals are being widely negotiated in all ship types, he said, this will only spread the deliveries over three or four more years. Around $750bn had been spent by "reckless owners" on new ships in the five years prior to 2008, with $500bn still on order "and due to be delivered into markets that have evaporated or never even existed", he said. But yard capacity shows no sign of declining and China is already filling deferred spaces with new ships for Chinese owners with cargo contracts to Chinese industrial groups. Warning that this could have an "enormous negative effect on the dry cargo markets and delay any recovery by years", he noted that the moves are in line with China's central government edict in 2005 that set an objective for 75% of all China's imports to be carried in Chinese ships by 2020. It is also a major part of the Chinese Government's $1bn stimulus package for shipyards, announced two months ago.
Mabus Sworn in as New Navy Secretary
Ray Mabus, former Mississippi governor and U.S. ambassador to the Kingdom of Saudi Arabia, was sworn in today as the 75th Secretary of the Navy.
Leading the Navy and Marine Corps, Secretary Mabus will be responsible for an annual budget in excess of $150 billion and almost 900,000 people. The Secretary of the Navy is responsible for conducting all the affairs of the Department of the Navy, including recruiting, organizing, supplying, equipping, training, and mobilizing. Additionally, he oversees the construction, outfitting, and repair of naval ships, equipment and facilities, and is responsible for the formulation and implementation of policies and programs that are consistent with the national security policies and objectives established by the president and the secretary of defense. Prior to joining the administration of President Barrack Obama, Mabus served in a variety of top posts in government and the private sector. In 1988, Mabus was elected governor of Mississippi where he stressed education and job creation. In 1994, he was appointed ambassador to Saudi Arabia, where during his tenure; the Kingdom officially abandoned the boycott of U.S. businesses that trade with Israel. Mabus also was chairman and chief executive officer of Foamex, a large manufacturing company, and also served as a Navy surface warfare officer aboard the cruiser USS Little Rock.Read More
Leading the Navy and Marine Corps, Secretary Mabus will be responsible for an annual budget in excess of $150 billion and almost 900,000 people. The Secretary of the Navy is responsible for conducting all the affairs of the Department of the Navy, including recruiting, organizing, supplying, equipping, training, and mobilizing. Additionally, he oversees the construction, outfitting, and repair of naval ships, equipment and facilities, and is responsible for the formulation and implementation of policies and programs that are consistent with the national security policies and objectives established by the president and the secretary of defense. Prior to joining the administration of President Barrack Obama, Mabus served in a variety of top posts in government and the private sector. In 1988, Mabus was elected governor of Mississippi where he stressed education and job creation. In 1994, he was appointed ambassador to Saudi Arabia, where during his tenure; the Kingdom officially abandoned the boycott of U.S. businesses that trade with Israel. Mabus also was chairman and chief executive officer of Foamex, a large manufacturing company, and also served as a Navy surface warfare officer aboard the cruiser USS Little Rock.
First floating nuclear power plant is set in by OPK’s shipyards
On May, 18, 2009 on Baltiysky Zavod, a part of United Industrial Corporation (OPK) the floating nuclear power unit for FNPP was set in.
The construction of the first in the world floating nuclear power plant is an important milestone in a global history", Alexander Gnusarev, Chairman of the Management Board, marked at the solemn ceremony. At present foreign partners are already interested in technologies of the construction of this project. OPK can carry out the orders for the construction of 8 FNPP by the date fixed. "We can get out of the crisis just developing in such a way. St, Petersburg was always the "pioneer of the engineering industry development", Valentina Matvienko, St. Petersburg governor announced. The floating power-generating unit is an atomic energetic object, being constructed at the plant and conveyed to the exploitation place. Finished energetic object are supplied to the customer after testing. The contract, signed by OPK and "Concern Energoatom" PLC on February, 27, 2009, anticipates the construction, launching, rebuilding and testing. Exploitation of the head floating power-generating unit with KLT-40C type reactor is a final step of this project. According to the contract, the construction of the floating power-generating unit has started since 27th of February, 2009. by the II quarter of 2012 it is due to be completed. In the IV quarter of 2012 after testing it will be operated at the scene of projecting.Read More
The construction of the first in the world floating nuclear power plant is an important milestone in a global history", Alexander Gnusarev, Chairman of the Management Board, marked at the solemn ceremony. At present foreign partners are already interested in technologies of the construction of this project. OPK can carry out the orders for the construction of 8 FNPP by the date fixed. "We can get out of the crisis just developing in such a way. St, Petersburg was always the "pioneer of the engineering industry development", Valentina Matvienko, St. Petersburg governor announced. The floating power-generating unit is an atomic energetic object, being constructed at the plant and conveyed to the exploitation place. Finished energetic object are supplied to the customer after testing. The contract, signed by OPK and "Concern Energoatom" PLC on February, 27, 2009, anticipates the construction, launching, rebuilding and testing. Exploitation of the head floating power-generating unit with KLT-40C type reactor is a final step of this project. According to the contract, the construction of the floating power-generating unit has started since 27th of February, 2009. by the II quarter of 2012 it is due to be completed. In the IV quarter of 2012 after testing it will be operated at the scene of projecting.
Economic crisis reaches German shipbuilding
The German Shipbuilding and Ocean Industries Association (VSM), which represents the interests of German shipyards, marine equipment suppliers and ocean industries, presented a gloomy picture of the current situation in the sector at its members’ meeting this year.
In statistical terms, the situation for the German shipbuilding industry is still good for 2008. Sector sales of all shipbuilding companies, including yards building oceangoing, inland and naval vessels and engaging in repairs and conversions as well as boat and yacht builders surged by about 41% to approx. €7.2 billion compared with 2007, and marine equipment suppliers also reported growth in sales, which reached approx. €13 billion. However, these statistics no longer reflect the current position. The fact is that the market environment has fundamentally changed in the last six months with a serious downturn in the entire maritime sector that has been faster and more dramatic than expected in the wake of the global financial and economic crisis. Global transport volume and charter rates have fallen since the beginning of the financial crisis, with worldwide demand for ships also plummeting by approx. 90% between October 2008 and March 2009. Moreover, because of banks’ restrictive lending policy, shipyards and companies placing orders have had considerable difficulties obtaining the requisite finance for a shipbuilding contract.
Read More
In statistical terms, the situation for the German shipbuilding industry is still good for 2008. Sector sales of all shipbuilding companies, including yards building oceangoing, inland and naval vessels and engaging in repairs and conversions as well as boat and yacht builders surged by about 41% to approx. €7.2 billion compared with 2007, and marine equipment suppliers also reported growth in sales, which reached approx. €13 billion. However, these statistics no longer reflect the current position. The fact is that the market environment has fundamentally changed in the last six months with a serious downturn in the entire maritime sector that has been faster and more dramatic than expected in the wake of the global financial and economic crisis. Global transport volume and charter rates have fallen since the beginning of the financial crisis, with worldwide demand for ships also plummeting by approx. 90% between October 2008 and March 2009. Moreover, because of banks’ restrictive lending policy, shipyards and companies placing orders have had considerable difficulties obtaining the requisite finance for a shipbuilding contract.
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