A recent decision by an international tribunal in The Hague, Netherlands, has significant implications for other maritime disputes, freedom of navigation, and future oil and gas claims in the Arctic.
The world is closely watching several contentious flash points that have potential to ignite. The behavior and rhetoric of China and Russia regarding vital shipping lanes in international waters have been alarming. Disputed sovereignty claims and efforts to enforce them have the maritime world on edge.
China earns cruise newbuild business, aims for ship financeWhile China has steadily built shipbuilding market share, cruise ship construction – more specifically mastering the logistical complexities inherent in cruise ship design, outfit and construction – has proved elusive. But it appears that Chinese
China's importance in the world maritime market has accelerated rapidly over the past decade, but it appears that current and near future growth will prove even more prolific. Chinese shipyards for 10 years have continued to dent the market share numbers of major shipbuilders in Japan. Korea and
, sea lines of communication, access to world markets, and diplomatic partnerships. However, it is becoming increasingly alarming that nations such as Iran, China and Russia seek to accumulate/consolidate power and re-define international maritime norms, potentially at the peril of diplomatic, economic, and military
over the last three months by the world’s largest cruise liner company, Carnival Corp., with the largest cruise ship builder, Fincantieri S.p.A.; with China’s largest shipyard, China State Shipbuilding Corp. (CSSC); and with state agency China Merchant Group, which is focused on transportation, infrastructure
Shiport China 2004, the 4th International Ship Building, Port and Marine Technology and Transportation Equipment Exhibition for China, is scheduled for June 22-25, 2004 at the Dalian Xinghai Convention & Exhibition Centre. Dalian. Anticipated to draw more than 30,000 quality buyers, the event will
The Cahners Exposition Group (CEG) and the Seatrade Organisation recently announced the formation of a joint venture company to organize China's international maritime exhibition, "Marintec China" and "Marintec Offshore China," which has been held in Shanghai every two years since 1981. The event
the western Pacific, where the United States Navy continues to assert its right to operate freely in international waters by conducting FONOPS in the South China Sea, particularly in the vicinity of the Spratly and Paracel Islands. USS Benfold (DDG 65) conducted a FONOP in the South China Sea on July 12
and project cargo shipments, in conjunction with the significant growth in renewable projects that we are also seeing in Europe and beyond. However, it is China – as the most conspicuous industrial trader – that provides an insightful look in terms of what is changing in the multi-purpose segment, and the challenges
month to explore activities in select boatbuilding sectors. Damen Yichang Shipyard The Damen boatbuilding name is ubiquitous around the world, and China is certainly no exeception. The Damen Yichang Shipyard in China started ops in 1999 as a JV between Damen Shipyards Group and Sinotrans CSC, focused
Engineering News interviews Chen Yong president Zhoushan IMC YongYue Shipyard Engineering Co., (IMC-YY) an emerging leader in ship repair and conversion in China. For our readers not familiar with IMC-YY, can you describe your physical facilities? Houshan IMC-Yougyue Shipyard & Engineering’s success starts
new vessels for Havfram will have a crane of approximately 3,200t, as will Van Oord’s KNUD E. HAN- SEN-designed newbuilding currently being built in China. Details of this vessel’s lifting capacity are yet to be made public, but Jesper Kanstrup, Senior Naval Architect at KNUD E. HANSEN, says these big
VARD is the Turkish yard Cemre, building Havyard and SALT Ship designs, Norway’s Ulstein, Spain’s Gondan (SALT Ship Design and Kongsberg designs), and China’s CMHI building Kongsberg designs. Ten yards account for the remaining vessels. The Future Looks (generally) Bright The market fundamentals, re? ected
demand for ad- Given that SOVs and CSOVs operate in a segment target- ditional CSOVs. ing reduced emissions, and many operate in the North Eu- Outside of China, the Asia Paci? c region is in the early ropean segment, characterized by a general strengthening of stages of wind farm development, with one active
SOVs China, we do not look at demand for SOVs/CSOVs as having a linear rela- tionship to the number of wind farms or turbines installed. We look to see where a large number of wind turbines are concentrated in relatively close proximity, generally in a very large wind farm or in a project cluster
the Jones Act. policies and strengthening the Jones tainty in future operation plans, and Disturbingly, special interest groups Act, other nations like China will to train, advance and retain the most and foreign-funded think tanks are ac- continue to invest in their commer- valuable asset in our industrial
Ensures American Strength at Sea By Matthew Paxton, President, Shipbuilders Council of America As Senator Roger Wicker force, the U.S. is falling behind. China, Korea and Japan of Mississippi once said, “Growth in commercial ship- continue to dominate the world’s total tonnage—95% of building facilitates
shipping companies are facing something of a per- fect storm in 2024 with the Red Sea attacks, potential escala- tion of tensions between the US and China in the South China Sea (which could impact trade routes further) and even some signs of piracy returning around Somalia. Business Interruption Rounding
many ways, actors are known to have such combat AUVs under develop- we are witnessing the real-time evolution of offensive mine ment, including Russia, China, North and South Korea, In- warfare via the deployment of hybrid weapons leveraging dia, Taiwan, Israel, France, the UK, Australia, and the United
other Incat Crowther-designed 28-m vessels service this AiP: World’s Largest Car Carrier route. The ferry will transport up to 300 passengers at speeds China Merchants Jinling Shipyard (Nanjing) Co., Ltd. of up to 28 knots, ? tted with the latest diesel engine emission received an Approval in Principle
be delivered in Q2 2026. Austal USA Wins USN EMS Contract CO2 Tanker Ordered Bernhard Schulte ordered its ? rst CO2 tanker, a newbuild to be built in China at Dalian Shipbuilding Offshore (DSOC). Planned for delivery in 2026, the ship will have a capacity of 7,500 cu. m. liquid CO2 in a pair of cylindrical
vessel was Heavy Industries, plus six 9,000 TEU ships ordered from built at Hyundai Mipo Dockyard and Hyundai Heavy Indus- Yangzijiang Shipbuilding in China. The company is also tries and features dual fuel main and auxiliary engines from planning to retro? t existing vessels with dual-fuel engines MAN
has been a literal whirlwind ride these pages (mostly), that’s not relevant Editor - MarineNews nd Eric Haun through the 2 half of 2024. Gener- because China is a closed market. [email protected] ally, conference and exhibition halls • In? ationary Pressures Continue: Offshore Energy Editor Bartolomej
by 2026. There are over 19 companies developing hydrogen or the proposed list of alternative fuels offered to designs worldwide, and Russia & China report SMR sys- meet IMO emission goals. tems in operation. The technology, no different than the Building a ? nancial model to address not only
withdrawals from a CCF account to purchase replacement, additional, or reconstructed cargo handling cranes manufactured in the People’s Republic of China. equipment at marine terminals in the United States. The bill has been referred to the House Committee The bill de? nes “marine terminals” to mean
gensets, but the perennial goals of lowering CapEx and OpEx remain. By Wendy Laursen uel ? exibility is one of the pillars of decarbonization try for China Merchants Energy Shipping. The 21/31DF-M is that is being embraced by genset OEMs. Fuel ef? - based on a simple port fuel-injection concept that
chains were unable to respond. New demand training has not kept pace with changes coming to the equipment from Asia was likely to lead recovery even if China’s role and alternative fuels they will use in future, Schellenberger said. switched from production of goods to a buyer of them. One in three seafarers
Offshore Operations 689.7 49 (By Country) United States of America 8,386.2 894 Norway 3,319.1 216 Brazil 3,257.6 248 Singapore 2,754.9 483 China 2,571.0 450 Top OSV Buying Companies (Spend) Buyer Company Spend ($) # Vessels Tidewater Marine 596.7 38 Britoil Offshore 236.8 29 Hornbeck Offshore
between manufac- sels ? rst came into force 15 years ago. how such solutions can effectively sup- tures, class societies and regulators, we Since then, China and the EU have also port decarbonisation. I hope that the can ensure that when new regulations brought in their own rules related to the next
. So, we are very proud to six 9,000 TEU ships ordered from Yangzijiang Shipbuilding in have achieved this signi? cant milestone. We expect a diverse China. The company is also planning to retro? t existing vessels green fuel mix for the future, with green bio-methanol from with dual-fuel engines capable
requirement: an clusion of the project is a testament to the dedication and integrated station, co-produced by Leonardo and Fin- efforts of the ABS China Engineering and Survey Opera- cantieri NexTech, which allows the conduct of the ship tion teams that supported this project and worked together and
, and steel/metal companies. Building Lique? ed CO2 Carriers In October 2021, Northern Lights or- dered two CO2 carriers for the project from China’s Dalian Shipbuilding In- dustry Co. The Chinese shipbuilder is building two 130-meter-long lique? ed CO2 car- riers, each with a cargo size of 7
to producing high-spec anchor handlers— forecast report, available here: https://intela- pick up in deepwater oil and gas—a sec- including yards in China, Norway and tus.com/Business/FloatingWindInstallation- tor that drives demand for large anchor Singapore—and their ? nancial partners Vessels.
to Europe, a number of developing countries shifted back to coal for pricing reasons, boost- ing both consumption and production in countries including China, India, and Indonesia. So, he argued, the inelastic supply of LNG vessels because builders are full could well become a constraint on the world’s
to some extent, but global lithium There are many factors at work, but post-Covid recovery, supplies could not sustain a long-term switch without new China’s re-opening, and Russia’s invasion of Ukraine have technologies. www.marinelink.com 27 MR #5 (18-33).indd 27 5/1/2023 10:04:12 A