Search Results for: China Merchants

  • News

Viking and China Merchants plan new cruise JV

Viking Cruises and China Merchants Group plan to set up a joint venture focused on building a cruise line with worldwide cruise offerings for the Chinese cruise market. China Merchants Group’s shipbuilding

  • News

Cruise giant Carnival in MOU with China Merchants

JANUARY 27, 2015 — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) yesterday signed a memorandum of understanding (MOU) with China Merchants Group (CMG) to explore the possibility of two joint ventures

  • News

SunStone to build four expedition ships in China

MARCH 20, 217 — Miami, FL, headquartered SunStone Ships, Inc, has signed a framework agreement with China Merchants Industry Holdings Co., Ltd (CMIH), a shipbuilding subsidiary of the China Merchants Group, covering

OOS International orders two SSCVs in China

AUGUST 4, 2016 — In what it calls a “quantum leap within the offshore & heavy lift industry,” Serooskerke, Netherlands, headquartered Holding OOS International Group B.V. yesterday confirmed that it has signed

  • News

Carnival to bring two more cruise brands to China

Yesterday we reported that Norwegian Cruise line is to customize its second Breakway Plus newbuild for the Chinese market.

Today’s news is that Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is to deploy two additional cruise brands in China in 2017.

Carnival Cruise Line and AIDA Cruises will join Costa Cruises and Princess Cruises in the Chinese market, making Carnival Corporation the first company to operate four brands in China – which, it says, “is expected to eventually become the world’s largest cruise market based on surging demand for cruise vacations by Chinese travelers.”
 
The move means that four of Carnival’s ten brands will have at least one homeported cruise ship in China. The plan to deploy two additional ships – one new ship each for both its Carnival and AIDA brands – and operate four total brands in China in 2017 is in line with Carnival Corporation’s long-term, multi-brand strategy to provide Chinese travelers with a variety of vacation options and experiences to meet growing demand across all segments of the Chinese market.
 
“We are excited to introduce our Carnival Cruise Line and AIDA Cruises brands to our fleet in China, giving us a total of four global cruise brands in the market and a unique opportunity to provide a diverse lineup of brands and cruise offerings to Chinese guests who are looking for a great vacation experience,” said Carnival CEO Arnold Donald, who was in Shanghai to announce the news at the 10th Annual China Cruise Shipping and International Cruise Expo (CCS10). “As we execute our multi-brand growth strategy in China, we are emphasizing choice and variety in our offerings to match the different tastes and preferences of Chinese travelers.”
 
“As more and more Chinese are discovering why cruising is the best vacation experience, they are having a great time on our Costa and Princess brands, and we look forward to even more Chinese travelers enjoying vacations on our AIDA and Carnival brands,” said Mr. Donald. “This is an exciting time in China for the cruise industry, and as the world’s largest cruise company and the first global cruise operator in China, we are more committed than ever to helping China become one of the world’s most popular regions for cruise vacations.”

Adding the two new brands follows a July announcement by Carnival Corporation that Costa Cruises and Princess Cruises will  each put a new ship into its China fleet in 2016, making Carnival Corporation the first global cruise company with six total ships based in China. This all adds up to a 58 percent increase in total capacity in China in 2016, including three year-round ships and three seasonal ships in the market. Together, the Costa and Princess brands will potentially offer about four million passenger cruise days in 2016.
 
As previously reported, Carnival Corporation is also exploring potential joint ventures in China with China State Shipbuilding Corporation (CSSC) and China Merchants Group (CMG) designed to accelerate the growth of the overall cruise industry in China, including the possibility of launching a world-class Chinese domestic cruise brand, building new cruise ships in China, and supporting port and infrastructure development.

  • News

Wartsila solutions chosen for first LNT A-BOX LNG carrier

The vessel is being built for Saga LNG Shipping Pte. Ltd., a new LNG player backed by Shanghai based Landmark Capital, at China Merchants Heavy Industry’s Haimen based shipyard in China’s Eastern Jiangsu province.

Originally, plans were to build the ship at Xiamen Shipbuilding Industry, but, for undisclosed reasons, the project was delayed and to meet strict deadlines with potential end-users, the project was moved to another shipyard.

Now set to be delivered in early 2018, the vessel will be the to utilize the LNT A-BOX containment system (see earlier story), licensed and designed by another company backed by Landmark Capital, LNG New Technologies (LNT).

Wärtsilä has been contracted to supply the complete cargo handling system including the fuel system, as well as the main propulsion system.

The Wärtsilä cargo handling system for LNG carriers has an integrated fuel system utilizing both compressors and forced vaporizing. The automation and safety control systems are state-of-the-art, while the Wärtsilä cargo pumps include the EFP pump series, the latest development for LNG fuel and spray.

The total solution package comprising the cargo and propulsion systems is designed to attain maximum overall efficiency for the vessel, thereby producing notable savings in operating costs. Furthermore, the total solution concept minimizes interfacing and system design risk during the vessel building process.

“This will be a very modern and highly efficient LNG Carrier and we were selected because our technologies in both the propulsion equipment and cargo handling are world leading,” says Timo Koponen, Vice President, Flow and Gas Solutions, Wärtsilä. “The new ship has been designed for worldwide trade of LNG, but with special consideration given to the reloading of cargoes and local and regional trading. Therefore, the cargo handling system and the fuel efficiency of the engine have to be the most efficient possible. Our unmatched track record with proven LNG technologies and dual-fuel solutions was a key factor in the award of this valuable contract.”

Wärtsilä’s scope of supply includes a comprehensive propulsion package comprising a 12-cylinder Wärtsilä 50DF dual-fuel main engine, 6-cylinder and 8-cylinder Wärtsilä 20DF dual-fuel generating sets, a Wärtsilä controllable pitch propeller (CPP), a Wärtsilä Energopac efficiency rudder, a Wärtsilä gearbox, and a Wärtsilä tunnel thruster.

Delivery of the Wärtsilä equipment to the shipyard will commence in late 2016.

  • News

Wartsila solutions chosen for first LNT A-BOX LNG carrier

Wärtsilä has been contracted to supply the complete cargo handling system including the fuel system, as well as the main propulsion system.

The vessel is being built for Saga LNG Shipping Pte. Ltd., a new LNG player backed by Shanghai based Landmark Capital, at China Merchants Heavy Industry’s Haimen based shipyard in China’s Eastern Jiangsu province.

Originally, plans were to build the ship at Xiamen Shipbuilding Industry, but, for undisclosed reasons, the project was delayed and to meet strict deadlines with potential end-users, the project was moved to another shipyard.

lntabox300Now set to be delivered in early 2018, the vessel will be the to utilize the LNT A-BOX containment system (see earlier story), licensed and designed by another company backed by Landmark Capital, LNG New Technologies (LNT).

The Wärtsilä cargo handling system for LNG carriers has an integrated fuel system utilizing both compressors and forced vaporizing. The automation and safety control systems are state-of-the-art, while the Wärtsilä cargo pumps include the EFP pump series, the latest development for LNG fuel and spray.

The total solution package comprising the cargo and propulsion systems is designed to attain maximum overall efficiency for the vessel, thereby producing notable savings in operating costs. Furthermore, the total solution concept minimizes interfacing and system design risk during the vessel building process.

“This will be a very modern and highly efficient LNG Carrier and we were selected because our technologies in both the propulsion equipment and cargo handling are world leading,” says Timo Koponen, Vice President, Flow and Gas Solutions, Wärtsilä. “The new ship has been designed for worldwide trade of LNG, but with special consideration given to the reloading of cargoes and local and regional trading. Therefore, the cargo handling system and the fuel efficiency of the engine have to be the most efficient possible. Our unmatched track record with proven LNG technologies and dual-fuel solutions was a key factor in the award of this valuable contract.”

Wärtsilä’s scope of supply includes a comprehensive propulsion package comprising a 12-cylinder Wärtsilä 50DF dual-fuel main engine, 6-cylinder and 8-cylinder Wärtsilä 20DF dual-fuel generating sets, a Wärtsilä controllable pitch propeller (CPP), a Wärtsilä Energopac efficiency rudder, a Wärtsilä gearbox, and a Wärtsilä tunnel thruster.

Delivery of the Wärtsilä equipment to the shipyard will commence in late 2016.