Mitsui-MAN B&W Diesel Engine Achieves World Record

This world record is established when MES completes the construction of Mitsui-MAN B&W 6S50MC-C Mark 7 at its Tamano Works for Sanoyasu Hishino Meisho Corporation (with president Mr. Shinich Kimura), who will install such engine to a chip carrier of 4.35 million cubic feet to her owner, Mitsui OSK Lines.

In the wake of growing demand for new shipbuilding boosted by active ocean cargo transport, the production of diesel engine by MES is significantly increasing recently. Only after two years and five months since MES achieved 50-million horsepower production in October 2005, it establishes accumulated 60 million-horse power record since it produced the first engine in 1928. The annual production in fiscal year 2006 was 4.01 million horsepower and will be 4.63 million, the record high annual production, in fiscal year 2007. Since the technical agreement with B&W, Denmark (presently MAN B&W) in 1926 on the production of diesel engine, MES has been producing engines with excellent records as a leading engine manufacturer of the world. MES is also strengthening the after-service sector of the engine business including the newly developed Marine Diesel Engine Performance/Life Expectancy Diagnosis System (product names “e-GICS” and “e-GICSW”) to which the communications satellite and internet are fully utilized and is committed to ensure the high quality customer service.

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Ground broken for new Chouest shipyard

Gary Chouest and company broke ground in Houma, La., on March 28 at the new LaShip shipyard site.

Among the many attending the ceremony was Louisiana Governor Bobby Jindal. LaShip will likely become the largest fabrication and shipbuilding facility in Edison Chouest Offshore’s worldwide operation, employing 1,000 workers skilled in shipyard trades. Construction of the yard is expected to be one of the single largest economic development projects for the Port of Terrebonne in the last 10 years.

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China Shipping to spend $3.3 bln buying vessels

China Shipping Development plans to spend 23 billion yuan ($3.3 billion) to buy 59 vessels over the next five years, more than doubling its capacity to ride an anticipated upswell in global trade.

The oil and coal carrier, which is building up a fleet of more than 180 ships to meet the heavy resource needs of China’s fast-growing economy, the world’s fourth-largest, currently maintains a total capacity of 7.82 million deadweight tonnes (dwt), Chairman Li Shaode told. The 59 vessels, to be delivered in the years until 2012, come with a collective capacity of 8.69 million dwt and will more than double the firm’s shipping capability, he said. The amount to be spent exceeded previous expectations. Li told early this month that his firm, which began shipping iron ore for steel making last year, intended to spend about $2.8 billion over five years to double its capacity.

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