Shipbuilding

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BIMCO updates ship repair contracts

BIMCO has updated its two standard ship repair contracts: REPAIRCON, which is for major work at a repair yard; and MINREPCON, which is for minor repair work that contractors can do when a ship is in port. BIMCO’s Documentary Committee approved both contracts in Copenhagen on 13 November.

Japan files WTO complaint against South Korean support for shipbuilders

Japan has requested WTO dispute consultations with South Korea concerning alleged subsidies provided by the Korean government to its shipbuilding industry. Japan claims that the challenged measures, which include funds, loans, guarantees, insurance and other financing, are inconsistent with WTO’s SCM Agreement and the General Agreement on Tariffs and Trade (GATT) 1994.

World’s largest cutter suction dredger launched

Royal IHC, a Dutch engineering group, inaugurated the largest cutter suction dredger in the world, named Spartacus, to be constructed for DEME, a Belgian dredging firm. The cutter suction dredger will be powered by LNG. The 164-meter, self-propelled Spartacus has capacity of 44,180kW.

Carnival launches cruise joint venture in China

The world’s largest cruise company, Carnival Corporation, announced the imminent launch of its cruise joint venture with China’s largest shipbuilder, China State Shipbuilding Corporation (CSSC), under the name ‘CSSC Carnival Cruise Shipping Limited’. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise passengers by the end of 2019.

Delivery of world’s first LNG cruise ship delayed

German shipyard Meyer Werft informed that it will delay the delivery of AIDAnova, the world’s first LNG fueled cruise ship. Before this announcement, AIDA Cruises was planned to receive the cruise ship on November 15, in Bremerhaven. AIDA Cruises said that the vessel will start its maiden voyage as scheduled on December 2.

Watch: Azipods installation on Spectrum of the Seas

Royal Caribbean published a video, depicting ‘Spectrum of the Seas’ having its azipods installed at the Meyer Werft shipyard in Papenburg, Germany. Each Azipod is 200 tons and takes 1.5 days to install. The azipods can provide ‘Spectrum of the Seas’ with 41 megawatts of propulsion power.

Korea to restructure policy for shipbuilding industry

Despite the fact that shipbuilding orders awarded to Korean dockyards have seen an increase, local media informed that the need to confirm whether the increase is temporary or sustainable over the long term remains. This increase happened due to a rise in LNG carriers and a big order from Hyundai Merchant Marine.

South Korea supports building of new eco ships

South Korea’s oceans ministry informed that it will support the building of more than 200 ships during the next three years to improve the troubled maritime industry. The country will assist in building these ships through the Korea Oceans Business Corp. In addition, South Korea wants local shipbuilders to build eco-friendly ships.

How newbuildings, scrappings formed world fleet in 2017

In its 2018 Maritime Transport Review, UNCTAD informed that in 2017, total newbuilding delivery amounted to 65 million gt, equivalent to 5.2% of the start-of-year fleet in 2017. Meanwhile in 2017, 23 million gt were scrapped leading to a net growth in world fleet of 42 million gt, equivalent to a growth rate of 3.3%.

South Korea invests in AI to boost shipbuilding competitiveness

As part of its efforts to upgrade cost competitiveness of the domestic shipbuilding industry, the South Korean government revealed plans to develop smart shipyards equipped with artificial intelligence (AI) technology, through the Korean Smart Shipyard (K-Yard) project.

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