Page 20: of Maritime Reporter Magazine (August 1996)

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REDUCTION GEAR WATER JET i 22 Maritime Reporter,Engineering News

ORDERS

CONTINE TO FLOW

A digest of business happenings in the shipbuilding and ship repair mar- kets in the Far East. — by Alan Thorpe, international editor

The Japanese government has said that it is in agreement with OECD proposals for end-ing shipbuilding subsidies as well as out- lawing price dumping. The Japanese Diet has, in fact, now ratified the OECD proposal set before it.

The Japanese shipbuilding industry received export orders for a total of nine ships (350,000 gt) in May, compared with 27 ships (880,000 gt) in April. Also in May, 18 ships (548,661 gt) were delivered, leaving a total export orderbook of 371 ships (13,997,415 gt).

The bulk carrier market is currently the most successful one for the Japanese, with recent orders including: • Four 72,000-dwt units ordered by

Malaysian International Shipping

Corp. (MISC) from Sasebo Heavy

Industries ($28 million each); • Three ships (one 73,000-dwt and two 45,000-dwt) ordered by Hong Kong's

Golden Ocean Management from

Tsuneishi Shipyard; • Two 28,152-dwt ships from Colonial

Investment, also from Tsuneishi; and • Two 74,000-dwt vessels ordered by

Greece's John Samonas from NKK

Corp.

On the tanker side, U.S.-based chemical tanker specialist Stolt Nielsen has entered into an agreement with Fukuoka Shipbuilding for a series of four 11,500-dwt chemical tankers. The ships are to be used by Stolt NYK Asia Pacific

Service.

DHI lands Aframax Deal

In the South Korean shipbuilding industry,

Finnish shipowner Lundqvist has ordered an aframax tanker (with an option) from Daewoo

R&D: Techno-Superliner

Chosen As Ship Of The Year

The Society of Naval Architects of Japon (SNAJ) selected Hisho (pictured, one of the exper- imental ships for the Techno-Superliner) as the Ship of the Year, 1995. The ship was devel- oped by the Technological Research Association of Techno-Superliner (TSL Association) to achieve high-speed marine transport. The award ceremony was held May 15 during the

SNAJ general meeting at the Nakano Sun Plaza in Tokyo, and was presented to Mitsubishi

Engineering and Shipbuilding Co., Ltd, and Mitsubishi Heavy Industries Ltd. — construc- tors of Hisho, and to the TSL Association. The award, established in 1990, is to encourages construction of excellent ships.

Heavy

Industries (DHI). DHI is also building four similarly sized tankers for Greek shipowner

K r i s t e n

Navigation, which is part of the Anangel Group.

Another South Korean yard to benefit from the international market is Hanjin Heavy

Industries Corp. (HHIC), with German shipowner Hansa Treuhand placing a $120-mil- lion order for four 1,600-TEU containerships, in addition to the two that were ordered during

April.

China Shipbuilding Corp. Woos German

Owner

In the meantime, Taiwan's China

Shipbuilding Corp. has made its mark on the international market with an order from

Germany's Rederei Bertram Rickmers for a series of six 2,226 TEU containerships. This is a new move for the German shipowning compa- ny which, over recent years, has favored Polish yards.

SKD Invests In Repair Facilities

Japan's Shin Kurushima Dockyard (SKD) has invested $12.8 million in expanding its repair capabilities at its Tokushima shipyard in

Komatsujima by ordering a new floating dock from Hitachi Zosen. The company will now integrate all ship repair work at Tokushima and focus newbuilding at Ohira shipyard in

Hiroshima. The new, 6,000-grt capacity float- ing dock will be the third at Tokushima. Two others have respective capacities of 2,000 and 3,200 grt. The latest dock will be completed at

Keppel Shipyard will repair Phoenix Trader, a 271,896 VLCC, in its new 360,000 dwt dock.

Hitachi Zosen's Innoshima shipyard in July, and towed to Tokushima for installation and full operation this month. The 2,000-grt capac- ity drydock is due to be scrapped once the new facility is operational. Shin Kurushima

Dockyard has seen a steady decline in its earn- ings from the ship repair business.

Miami Holding Gets lift From Far Eastern

Business

Miami-based Syncrolift has been busy with some new orders from the Far East.

Indonesia's PT Batamas has ordered a 5,700- ton lifting capacity unit; Singapore

Technologies has ordered a 5,000-ton unit to complement the existing 3,500-ton unit, which was installed in 1972; and Australia's Darwin

Ship repair & Engineering ordered a 2,500-ton unit. Meanwhile, Malaysia Shipbuilding &

Engineering (MSE), Pasir Gudang, is in the process of installing a panamax-capacity unit.

Investments Abroad (Potentially) Reap Big

Rewards

South Korean shipbuilder Daewoo Heavy

Industries (DHI) has now completed the acqui- sition of a controlling interest in Romania's 2

Mai Shipyard, located near the Bulgarian bor- der south of Constantza Port. This deal gives the Far Eastern company management-control of one of the largest shipbuilders on the Black

Sea. DHI will take a 51 percent stake in the