Cosco Shipping Heavy Industry

COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts]

In Part One last week, we looked at the paradox of offshore wind, a segment that is growing without profit for many players. This contrasts with offshore oil and gas, which has shrunk but has become intensely profitable for rig and vessel operators, and for the oil companies themselves. Whereas offshore oil and gas companies […]

The post COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts] appeared first on Baird...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-where-the-wind-blows-part-2-shell-cadeler-hea-energy-cyan-renewables-edda-wind-norwind-and-norside-offshore-accounts/

COLUMN | Updates on offshore wind orders from Cyan, Havfram, Edda Wind, North Star Shipping etc. Also news on Heroic Idun ̶s̶h̶a̶k̶e̶d̶o̶w̶n̶ restitution [Offshore Accounts]

The money is still pouring into new wind vessels, even as the wider orderbook for new vessels to work in offshore oil and gas remains at zero, and has been for the best p ..

The post COLUMN | Updates on offshore wind orders from Cyan, Havfram, Edda Wind, North Star Shipping etc. Also news on Heroic...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-updates-on-offshore-wind-orders-from-cyan-havfram-edda-wind-north-star-shipping-etc-also-news-on-heroic-idun-shakedown-restitut/

COSCO To Offer Option of Wind Propulsion Technology

Anemoi Marine Technologies has reached an agreement with COSCO Shipping Heavy Industry (CHI) to install Anemoi’s Rotor Sails on newbuild vessels or retrofit during dry dock, reads an official release.

Energy saving technology

Rotor Sails, also known as Flettner Rotors, are an energy saving technology. The mechanical sails are comprised of tall cylinders which, when driven to spin, harness the renewable power of the wind to provide auxiliary propulsion to vessels which significantly reduces fuel...

https://mfame.guru/cosco-to-offer-option-of-wind-propulsion-technology/

Bureau Veritas approves new retrofit concept for large container vessels

COSCO Shipping Heavy Industry (CHI Zhoushan) shipyard, together with the technological expert in membrane containment systems GTT and the naval consultancy and engineering firm Alwena Shipping, have received an Approval in Principle (AiP) from the classification society Bureau Veritas (BV) for a new retrofit concept, combining LNG fuel conversion and increase of length (jumboization) for very large container ships.

The jumboization and the conversion of the propulsion and electrical generation...

https://container-news.com/bureau-veritas-approves-new-retrofit-concept-for-large-container-vessels/

COLUMN | Quick wind updates; Seaway7 and OHT; Awind consolidation; Cadeler newbuilds; Triumph’s cancellation; Ørsted and Equinor’s profit warnings [Offshore Accounts]

It’s been two months since we last covered the investment frenzy that is the offshore wind industry (here). And those two months have been packed with news, as competit ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-quick-wind-updates-seaway7-and-oht-awind-consolidation-cadeler-newbuilds-triumphs-cancellation-orsted-and-equinors-profit-warnings-offshore-accounts/

Major Exporters In Asia Take Measures To Curb Container Shortage

Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading,  reports Bloomberg Quint.

Container Shortage 

Government-owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports for free. South Korea has deployed an extra nine vessels on the Trans Pacific route to help local manufacturers while China’s state owned shipyard, Cosco Shipping Heavy Industry, has converted at least one...

https://mfame.guru/major-exporters-in-asia-are-taking-measures-to-curb-container-shortage/

Cosco Clinches Shanghai Development Bank’s Panamax Shipbuilding Contracts

In a major development, SPDB Financial Leasing, the leasing unit of Shanghai Pudong Development Bank, has announced that they have entered into shipbuilding contracts with Cosco Shipping Heavy Industry for the construction of six 82,000 dwt panamax bulkers, reports Jason Jiang for Splash247. 

  • All the vessels will be built at Nantong Cosco KHI Ship Engineering (NACKS) and deliveries will start from 2022.
  • The order follows SPDB Financial Leasing ordering four 61,000 dwt bulkers at NACKS for a...

https://mfame.guru/cosco-clinches-shanghai-development-banks-panamax-shipbuilding-contracts/

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