Tag: Samsung Heavy Industries

A significant rise on vessel orders is expected in South Korean shipyards, during the second half of 2017, as numerous contracts are to be signed soon. According to earlier data, 79 ships- or 2.83 million compensated gross tons- were secured during the first half of 2017, which also represents a rise from previous year.

Samsung Heavy industries announced that construction operations are about to restart partially, six days after the fatal crane accident on the Geoje shipyard. An inspection conducted on the scene showed that the risk factors had been removed, so a restart of the operations was approved by the government.

Six people were killed and 20 others were injured following the collapse of a crane onto a ship, during construction operations, at a Samsung Heavy Industries shipyard, in Geoje.

Mitsui O.S.K. Lines announced that the MOL Triumph, the world's largest containership with a carrying capacity of 20,170 TEU, successfully arrived at Yangshan Port in Shanghai on April 10, 2017. MOL took delivery of MOL Triumph, the first of six 20,000 TEU-class containerships from Samsung Heavy Industries on March 27.

Six 20,000 teu containerships on order for OOCL

Wartsila to supply inert gas systems for three new Oil & Gas sector vessels

Evergreen Line christens its tenth L-type containership in South Korea

LNG vessels being built for NYK On August 17, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries , Ltd.(Samsung) in Korea for two LNG vessels being built for joint owners NYK LNG (Atlantic) Ltd. (headquarters: London, UK), a wholly owned subsidiary of NYK; Mitsui & Co. Ltd. (headquarters: Chiyoda-ku, Tokyo); and Teekay Corporation (headquarters: Vancouver, Canada) to ship LNG. The vessels are chartered by Angola LNG Supply Services (ALSS; headquarters: Houston, U.S) and will ship the LNG produced by Angola LNG Ltd.H.E José Maria Botelho de Vasconcelos, petroleum minister of the Republic of Angola; Ichizo Kobayashi, managing officer and COO of the Marine & Aerospace Business Unit at Mitsui; David Glendinning, president of Teekay Gas Services; In-Sik Roh, president and CEO of Samsung; and NYK representative director and senior managing corporate officer Masahiro Kato were in attendance. Mr. Kobayashi's wife named one vessel Soyo, and the other vessel was named Malanje by Mr. Glendinning's wife before the ceremonial rope holding the vessels in place was cut by the two women and Mr. Kato's wife.Soyo and Malanje are jointly owned by NYK LNG (Atlantic) (33%), Mitsui (34%), and Teekay (33%). Soyo will be completed by ...

ABB wins orders worth a total of $200 million ABB reports that it won equipment orders worth a total of $200 million from Samsung, Hyundai, Keppel FELS and Jurong Shipyard, in South-Korea and Singapore, for 23 new jack-up and DP drilling vessels and one FPSO.The companysays that its delivery will help the ships maximise energy efficiency, and provide a reliable power supply to improve the use of onboard equipment. The scope of supply includes complete electrical systems and related equipment such as generators, distribution switchboards, and transformers, as well as drives and motors to power the ships' thrusters and drilling systems. The orders were all booked during the second quarter of 2011.The vessels will operate in oil and gas extraction, production and transportation, and include semi-submersible drilling rigs, drill ships, mobile oil and gas platforms as well as FPSO vessels."This group of important orders underscores ABB's excellent reputation for delivering comprehensive, reliable solutions that help our marine customers operate at the highest levels of efficiency, as well as our vast oil and gas industry expertise," said Veli-Matti Reinikkala, head of ABB's process automation division.Source: The Motorship

Euronav has delayed the deliver of two suexmax and one VLCC newbuilding Samsung Heavy Industries (SHI) has agreed to delay the delivery of three tanker newbuildings to Euronav until next year.Euronav has delayed the deliver of two suexmax and one VLCC newbuilding being built at SHI from the second half of this year to the first half 2012.The shipowner reported average spot earnings of just $22,000 a day in the second quarter for its VLCCs and $12,200 daily for suezmaxes.Source: Seatrade Asia