Category: Shipping

Europe's shipyards continue to lose market share

Europe's shipyards continue to lose market share

Gepostet von | 6 Jan 2023 | , , , , | 0

According to the Bremen Institute of Shipping Economics and Logistics (ISL), 99 per cent of global orders for new merchant ships, measured in CGT (compensated gross tonnes), went to shipyards in Asia in the first six months of the current year. At 47 per cent, the largest share of the approximately 600 newbuild orders with 21 million CGT went to South Korean shipbuilders, who were back in the lead for the first time since 2016, while 43 per cent went to the heavily expanded and highly subsidised shipyards in China. Despite a number of orders from domestic shipping companies, even Japan had to fight hard to secure at least a share, albeit a shrinking one...

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China's specialised ship fleets are growing

China's specialised ship fleets are growing

Gepostet von | 5 Jan 2023 | , , , , | 0

China's merchant fleet is not only growing with container ships, but also increasingly in specialised segments. For example, the Chinese company Guangzhou Salvage has strengthened its fleet with the semi-submersible newbuild "Hua Rui Long" built by the shipyard China Merchants Heavy Industry (CMHI) in Haimen. Equipped with DP2 technology for dynamic positioning, the 252 metre long and 60 metre wide special vessel has a tonnage of 74,226 GT and a carrying capacity of 82,000 tdw. The free deck area for transporting heavy and bulky goods, such as drilling rigs or dredgers, is specified at 151,000 square metres and can carry 90 tonnes per square metre.

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Supermarkets and petrol stations

Supermarkets and petrol stations

Gepostet von | 4 Jan 2023 | , , , , , | 0

A navy that not only operates in its own coastal waters needs modern supply ships. Many older classes around the world are currently being replaced by modern units. The provision of effective logistical support remains a fundamental prerequisite for the effective conduct of naval operations at sea. After a period of sluggish procurement in the post-Cold War era, the North American and European navies are currently undertaking extensive programmes to increase their supply ship inventories. The expansion of fleets in the Asia-Pacific region is another important driver for new investments in this segment. North America The United States Navy is currently operating...

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No LNG imports via Hamburg

No LNG imports via Hamburg

Gepostet von | 2 Jan 2023 | , , , , | 0

Following the federal government's refusal to financially support Hamburg's plans for a floating LNG terminal (FSRU), these appear to have been abandoned once and for all. The reasons given for the decision in the Hanseatic city are that, on the one hand, extensive dredging work would have been necessary at the planned berth in the Moorburg district and, on the other, that parts of the southern harbour area would have been cut off from traffic, as ships destined for there would not have been able to pass the FSRU and the LNG tanker moored next to it during unloading operations. In addition, time-consuming legal action could have been expected. As an alternative, liquefied natural gas (LNG) is now to be brought in from Brunsbüttel using feeder tankers, if the FSRU is to be used...

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A first warning

A first warning

Gepostet von | 30 Dec 2022 | , , , , | 0

In view of record order backlogs and the container ship deliveries expected between 2023 and 2025, the industry service Alphaliner has warned of possible overcapacity for the first time. For example, the usual peak season for container shipping in the third quarter of each year only had a much weaker impact in 2022, as was the case in the previous year. Alphaliner reports that many market observers consider these slumps to be less seasonal and more structural. They fear a global recession. War risks, exploding energy costs, political instability and general inflation would have an impact on general consumer spending and thus on global trade volumes, especially for industrial goods. According to forecasts by the...

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