Page 24: of Maritime Reporter Magazine (June 1992)

bottom or hull is in the order book.

As expected, Japan leads the world shipbuilding order book with a 36 percent share, followed by South

Korea with a 22 percent share. The others in the top ten in descending order include Denmark, Germany,

Taiwan, China, Romania, Yugosla- via, Italy and Brazil—all of which have total orders in excess of 1 mil- lion gt.

Tonnage Delivered

Rises For 1991

Though in 1991 the total of com- pleted tonnage—16.1 million gt— rose for the fourth successive year.

According to Lloyd's Register of Ship- ping figures, over 50 percent of the order book at the end of 1991 is due for delivery by the end of this year.

Far East

Shipbuilding

Consolidating its dramatic recov- ery of the previous year, Japan's shipbuilding industry maintained its substantial order book of just under 50 percent of worldwide new ship construction. Notable Japanese deliveries included the 48,000-gt hatch coverless Nedlloyd Asia, and 36,800-dwt container carrier Ara- fura, both from the Kure yard of IHI; and the 281,751 -dwt VLCC Sawako, from the Ariake yard of Hitachi.

The rebound by the world's num- ber two shipbuilding country, Ko- rea, was led by Hyundai Heavy In- dustries (See "Boom Times for Ko- rean Shipbuilding" in May 1992 is- sue of MARITIME REPORTER).

HHI's Ulsan yard delivered 13 ves- sels, highlighted by three 35,559 meter3 LPG carriers for A P Moller, and two 169,178-dwt OBOs for

Frontline.

Earlier this year, Samsung Heavy

Industries delivered the 95,000-dwt

M/V Patriot, a new double-hull prod- uct carrier for Conoco Shipping, Inc.,

Houston. The Korean builder has orders for three more sister ships of the same class.

Scandinavian

Shipbuilding

Denmark catapulted into third place behind Japan and Korea in the world order book, securing more than 1.9 million gt in new orders in 1991.

Deliveries during the year totaled 20 vessels of 265,000 gt.

Major ship deliveries included the last two in a series of four 16,950- dwt reefers from Danyard for J.

Lauritzen. The four ships—the

Knud Lauritzen, Jorgen Lauritzen,

Ivar Lauritzen and Ditlev Laur- itzen— are the largest pure reefers ever built.

In Finland, the country's largest shipbuilder, Kvaerner Masa-Yards, which has successfully risen from the ashes of bankrupt Wartsila Ma- rine, completed its second Carnival

Cruise Lines'megaliner, the 70,367-

Table 2. Percentages Of New Orders Placed 1982-1991

Percentage World

Year Japan Korea (S.) EC Rest of World* Total GT 1982 49.75 9.57 13.47 27.21 11,231,759 1983 56.56 19.21 7.40 16.83 19,480,030 1984 56.73 14.69 995 18.63 15,593,541 1985 49.26 10.37 14.21 26.16 12,914,995 1986 43.37 24.04 11.42' 21.17 12,709,895 1987 34.58 30.15 14.63' 20.64 13,799,620 1988 37.58 24.00 16.96' 21.46 12,310,773 1989 49.80 16.62 14.27' 19.31 19,323,658 1990 46.28 23.83 16.19* 13.70 24,078,767 1991 40.50 25.62 14.492 19.39 19,932,298 'Including Spain, Portugal 'Including Spain, Portugal and former German Democratic Republic •Including former Comecon countries

Source: Lloyd's grt cruise ship Ecstasy. The builder, which operates the Helsinki New

Shipyard and the Turku New Ship- yard, has orders for three more Fan- tasy Class CCL ships—the Sensa- tion (for delivery in 1993), the Fasci- nation (1994) and the recently or- dered Imagination (1995). Another cruise ship under construction at the Turku New Shipyard, the 32,000- grt Royal Majesty, is being built for a July 1992 delivery to Dolphin

Cruise Lines. Also at Turku,

Kvaerner Masa-Yards is building two Futura Class 91,000-dwt double- hull tankers for Finnish oil com- pany Neste Oy. KMY has delivered the passenger/car ferries Nor- mandie and Barfleur to Brittany

Ferries for cross-channel operation.

Finnyards Ltd., the combined

Rauma Yards and Hollming compa- nies, recently delivered the SWATH cruise ship Diamond Radisson to

Diamond Cruises, as well as the new

Sally Albatross, which was partly reconstructed from the old Sally Al- batross. An icebreaker for the Finn- ish Board of Navigation (FBN) is

Crow Tonnage Ordered Annually 1982-1991

Million gt 25"

I9H2 1983 1981 19BS 19**, 1987 !« 1989 1990 W9I ••"••Oil tankers —•— Ore and bulk carriers (ind. ore/bulk/oil) "i General cargo and container — Total (all types)

Source: Lloyd's currently under construction. Plans are underway by the FBN to order a second icebreaker.

In Norway, vessels delivered dur- ing 1991 included: a 400,000-foot3 reefer from Kvaerner Kleven

Ulsteinvik; two 36,000-dwt chemi- cal carriers from Kvaerner Kleven

Floro; and four 3,000-gt offshore/ supply ships at Ulstein Hatlo.

European Shipbuilding

In France, the St. Nazaire ship- yard of Chantiers de l'Atlantique secured a $1.4 billion order for the construction of five 125,000 m3LNG carriers for Petronas of Malaysia.

The 260-meter ships will be used to export methane from the Bintulu

Gas Plant in Malaysia. Chantiers de l'Atlantique is also one of the five

European yards involved in the E-3 tanker project. The consortium of

HDW and Bremer Vulkan of Ger- many, AESA of Spain, Fincantieri, and the French yard has selected an

HDW design for its standard 280,000-dwt VLCC.

In Germany during 1991, Schi- f.ross Tonnage Completed Annually 1982-1991

Million gl 25 "I 1982 no 1*4 1*© 1986 1987 l*»SS 1989 1990 1*91 hw Oil tankers — Ore and bulk carriers (incl. ore/bulk/oil)

General cargo and container — Total (all types)

Source: Lloyd's chau-Seebeckwerft completed two 22,000-gt passenger/freight ferries for P&O, with one identical and one modified sister for completion this year.

In Italy, the 71,000-gt cruise liner

Regal Princess emerged from the

Montfalcone shipyard of Fincantieri

Cantieri Navali Italiani SpA for

P&O/Princess Cruises. Fincan- tieri's Castellammare yard delivered the 15,950-gt container ship Caboto for Italia SpA.

Spain's deliveries for 1991 were highlighted by two Suezmax tank- ers from the Puerto Real yard of

Astilleros Espanoles for Petronor and Frontline.

Portugese shipyards were busy with a number of ship repair con- tracts, especially after the termina- tion of the Gulf War. Lisnave carried out major renovation work on the 14-year-old 170,000-dwt ore carrier

Shensi.

North American

Shipbuilding

Most new construction activity in the U.S. continued to be in the na- val, military and governmental ship- building and commercial shallow- draft sector.

On the commercial side, the 32,500-gt Matson boxship Pfeiffer is scheduled to be delivered this sum- mer by National Steel & Shipbuild- ing Co., San Diego. The Larose, La., shipyard of North American Ship- building recently delivered the 308- foot research icebreaking vessel

Nathanial B. Palmer to Edison

Chouest Offshore.

Many U.S. tanker owners are wait- ing for the final outcome of the new

U.S. Coast Guard regulations for double hulls as mandated by the Oil

Pollution Act of 1990. Although many rumors concerning bids for new tank- ers, one being a Texaco order for two 20,000-dwt ships and two 40,000- dwt ships, have circulated, no firm contracts have been placed to date.

As much as $3.1 billion may be included in a National Defense

Sealift Fund (NDSF) proposed by

President Bush. Design contracts havebeen awarded to nine U.S. ship- yards, with construction contracts expected in the spring of 1993.

New U.S. gambling laws, which will allow gaming aboard U.S.-flag ships operating on "cruises to no- where," may also spur some new construction. Gambling laws in Illi- nois, Iowa, Mississippi and Louisi- ana have already been a boon to the smaller U.S. yards, creating a multimillion-dollar a year market.

ABS reported that as of early this year, 16 ships of 559,000 dwt were under contract or construction to class in Brazilian yards. Three 132,000-dwt double-skin tankers and one 150,000-dwt vessel are cur- rently under construction at Ishibras for Chevron. 26 Maritime Reporter/Engineering News