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New ships Cruise & Freight

7498 Views 10 Replies 8 Participants Last post by  Jay
Post all new ships both Cruise ships and Freight ships here!
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Impossible, far too many being built....
Ofcourse, it's possible! ;)
well, so if you open up this thread, why dont you start with posting your ships?

Opening up threads and then waiting for others to fill them with content.....

how weird is that?
well, so if you open up this thread, why dont you start with posting your ships?

Opening up threads and then waiting for others to fill them with content.....

how weird is that?
hehe, you are right! I going on a holiday now, so when i come back i'll post some info and pics! :D
Impossible, far too many being built....
Can't be any more difficult than keeping track of all the skyscrapers being built in Dubai. ;) :D

This sounds like an interesting topic, I will be sure to keep an eye on this thread when alex gets back. :cool:
Here's an article which could get this topic off to a good start.

May 18, 2007, 7:40AM EST
A Steady Hum at South Korea's Shipyards
The good times are likely to continue for shipbuilders Hyundai, Samsung, and Daewoo well into the next decade, though Chinese rivals loom

by Moon Ihlwan

Don't try to tell South Korea's ultra-prosperous shipbuilders their days are numbered as competition intensifies with China. Executives at the country's major shipping yards see their order books for mega-ships bulging well into next decade.

"Sure the Chinese will challenge our leadership in the future," says General Manager Kim Boo Kyung at Samsung Heavy Industries, the world's second largest builder of ships. "But that won't happen until 2020 or beyond."

While plenty of South Korean industries have a bad case of China jitters, it isn't so when it comes to the sprawling cargo ships that carry around the world's major tradable goods. The Koreans rule: They built 41% of all ships delivered last year, and the country is home to 6 of the world's top 10 shipyards.

In the most sophisticated freighter category—liquefied natural gas carriers—four out of five are built by Korean companies. Korea is also home to the three biggest industry players: market leader Hyundai Heavy Industries (HYHZF), followed by Samsung Heavy (SMSHF), and Daewoo Shipbuilding & Marine Engineering.

Reason for Concern

To pull away from shipyards in China, which aims to eclipse Korea as the largest shipbuilding country by 2015, Korean companies are focusing on such high-value-added vessels as LNG carriers, ultra-large ships, and oil-exploring drill ships. The Koreans are also seeking more innovative ship-manufacturing processes to boost productivity (see, 5/12/06, "Korea's Shipbuilding Industry Sails Ahead").

There is some reason for concern, however. By one key metric, the Chinese have overtaken the Koreans this year. British Clarkson Research Service, which closely tracks the industry, said in a recent report that Chinese yards signed 56.6% of the total number of new contracts in the first quarter of 2007, with the Koreans accounting for just 26.1%. Korean newspapers called it an early warning signal that the country's shipyards will face a fate similar to that of domestic textile manufacturers and assembly-heavy electronics makers that have either relocated to China or closed shops.

Managers at Korean yards brush aside the argument. The demand for new orders this year has been largely focused on bulk carriers for delivery by 2009, and the Korean shipbuilders are fully booked with work until the first half of 2010. "The bulk carrier market is certainly hot, but we don't have the room to accommodate the needs," says Kim.

Cyclical Industry

The plentiful backlog of orders underlines an extraordinary stretch of shipping demand since the last industry slump back in 2002. At the end of March, Korean shipbuilders were sitting on orders for 1,186 vessels totaling 75.8 million gross tons and worth more than $100 billion, according to the Korean Shipbuilders' Assn.

That will keep the major players in high-speed mode for about 3 1/2 years. "We are in a cyclical industry, and this boom can't last forever," points out Kwon Oh Yoon, a senior manager at the association. "But there's no sign in the horizon the buoyant mood will sour any time soon."

Not surprisingly, Korean shipyards are raking in some serious profits. Until late last year, they had suffered from lackluster profitability because of the combination of a sharp rise in steel sheet prices in recent years and the low contract prices they accepted until the latter half of 2004. Given a three-year lag time between when contracts are signed and when earnings are booked with the delivery of ships, the yards are beginning to reap rewards in earnest from lucrative contracts dating from late 2004.

Red-Hot Activity

The biggest beneficiary will be Hyundai Heavy, the undisputed global leader. After almost quadrupling its net profit to $771 million in 2006, Hyundai Heavy is expected to more than double profit this year, figures brokerage Korea Investment & Securities.

That's because shipbuilding prices almost doubled from a low in mid-2002 to early 2005 and have since stayed strong. Hyundai Heavy stock has jumped some 126% so far this year, making it the best performing blue chip on the Seoul Stock Exchange.

Share gains of Samsung and Daewoo have been less impressive, although they have risen by 59% and 39%, respectively, in 2007. One reason was their greater emphasis on specialized LNG carriers, whose contract prices have climbed less dramatically than those of tankers, containers, and bulk carriers. "Although my top pick is Hyundai Heavy, all the big three will likely post double-digit profit margins by the end of next year," says Song Jae Hak, shipbuilding analyst at Woori Investment & Securities.

Industry watchers say the ongoing red-hot shipbuilding activity has been triggered by China's seemingly nonstop economic and trade growth. "The emergence of China as the factory of the world has changed the paradigm of shipping patterns, thereby fueling fresh shipbuilding needs," says Cho Yong Jun, head of research at Shin Young Securities in Seoul.

House of Cards

A big upsurge in global commerce with the mainland led to the development earlier this decade of ultra-large container ships several football fields in length. Shipping lines raced to build oversized ships, capable of stacking between 8,000 and 12,000 containers, to service ever-growing seaborne trade between Asia and the U.S. Now, many industry officials believe the race to build bigger fleets by shipping lines won't be likely to end unless China scales down its industrial ambitions (see, 4/23/07, "Why Taming the China Dragon is Tricky").

Take the latest frenzy to build bulk carriers. China's determination to own huge steel plants for fast industrialization created a sudden upswing in coal demands to power the mills. That made China a net coal importer from an exporter in the past, forcing Japan and South Korea, which used to import coal from China for generating electricity, to switch their coal source to Australia.

The switch not only meant longer hauls, requiring a greater number of shipping days, but also congestion at Australia's coal-handling New Castle port. That holds up scores of ships waiting to be loaded, thereby contributing to the shortage of ships carrying dry bulk cargoes. To worsen the situation, the recent imposition of duty on export of iron ore from India prompted China to divert its iron ore imports from India to Brazil, again engaging more bulk carriers on longer hauls.

Rise in Freight Charges

The upshot: Ocean freight for dry bulk cargoes skyrocketed. Short-period daily hire rates for 75,000-ton-class vessels in the Pacific have hit a historic high of $46,900 per day in May, up 30% since the beginning of this year and up more than 100% from a year earlier. The Baltic Exchange Dry Index, the best indicator of bulk cargo shipping prices, has topped 6,600 in May from below 1,500 in mid-2002.

The stunning rise in freight charges is spurring bulk carrier operators to join the race to secure more vessels. Clarkson notes this pushed the price of a new, 170,000-ton-class bulk carrier to $79 million in March, up from $76.5 million in February and $71 million in January. Shipping lines are also starting to place orders for large container ships for delivery in 2010 because they are worried that docks and berths at major shipyards would be completely taken over for building bulk carriers unless they hurry.

"It looks like a case of déjà vu," says a recent Clarkson report. Last year, when there was a boom in the large tanker building market, container ship owners rushed back to shipyards to secure berths for 2009 delivery because of dangers of losing a new supply of containers for that year. "Last year the driver of the shipbuilding market was the tankers, and this year it is bulk carriers," says Cho at Shin Young.

The competition to sign shipbuilding contracts early certainly won't increase the bargaining power of shipping lines. But it is music to ears of the Korean shipyards that dominate in building mega-vessels.


Crafting a Monster Megaship
See how Korea's industry-leading builder assembles and launches a massive vessel for a Greek shipping company

By Brian Bremner

When it comes to shipbuilding, the Korean dockyards rule. And the undisputed global leader is Hyundai Heavy Industries, which boasts a 21% global market share of the biggest class of container vessels. Hyundai's profits jumped nearly fourfold in 2006, thanks partly to the soaring demand for container ships to carry Asia-made electronics, clothing, and other goods. It enjoys an order backlog of 33 ships that can carry 8,000 units of container boxes or more. .

To stay ahead of Japanese and Chinese rivals, Hyundai has developed megaships that can carry up to 12,000 containers. Last year it delivered one such seagoing behemoth to Greek shipping company Costamare Shipping. Here is an inside look at how it was constructed.


Block Fabrication

These ships are massive, extending 344 meters (376.2 yards) in length and 42.8 meters (46.8 yards) in width. The first phase in construction involves cutting huge steel plates and bolting them together into blocks with computer-controlled automatic welding machines. A typical ship of this size requires about 100 large blocks, including curved ones for the bow and stern segments.


Assembly in Dry Dock

Once the steel blocks have been assembled, they are transported to a dry dock on transporters. These vehicles can move blocks weighing up to 1,000 tons. A giant crane lifts the ship blocks into place, one by one from the bottom up, for assembly in the dry dock. These so-called "Goliath cranes" are 107 meters (351 feet) high and have a lifting capacity of 900 tons. They are also used to move engines and propellers into place.


Mother of All Paint Jobs

About 90% of the blocks are painted and treated to prevent rust and other degradation before arriving at the dry dock for assembly. However, the welding lines of assembled blocks get a coat of paint at the dry-dock facility. Upper-deck painting and trim work come later at an outfitting quay after the ship has been pretty much constructed.


Installing the Propulsion System

After the ship's hull has been assembled, the engine, propeller, and crankshaft are then installed. The propulsion system is designed to generate service speeds of about 25.4 knots, or nautical mph. And the marine engine is massive. It is roughly the size of a seven-story building and weighs 2,100 tons. The engine crankshaft alone is 25 meters (27 yards) long and weighs 403 tons.


One Awesome Propeller

Take a look at this monster propeller. It weighs 107 tons and is 9.1 meters (about 10 yards) in diameter. The six-blade propeller used to power the ship is made from manganese bronze and nickel-aluminum bronze.


Launch Time!

The assembly of the ship's hull and the installation of the engine, propeller, and the upper deckhouse (including the ship's cabin and crew facilities) takes about two and a half months in the dry-dock facilities. Once that is finished, the dry dock is flooded with seawater and the dock gate is opened. Tugboats tow the ship out to an outfitting quay for final touch-up work. After a ceremonial naming event, this super tanker is ready for action.
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The Freedom Ship

Freedom Ship is a concept for a floating city proposed by Norman Nixon of Freedom Ship International.

The Freedom Ship has little in common with a conventional ship; it is actually nothing more than a big barge.
The bolt-up construction and the unusually large amount of steel incorporated into the ship meets the design engineer's requirements for stability and structural integrity and the cost engineers requirements of "economic feasibility" but the downside is a severe reduction in top speed, making the ship useless for any existing requirements. For example, it would be too slow to be a cruise ship or a cargo ship.

But what if this big, overweight, barge was assigned a voyage that required slowly cruising around the world, hugging the shoreline, and completing one revolution every 3 years? If the designers then incorporated the following amenities into this barge, what would be the results?

18,000 living units, with prices in the range of $180,000 to $2.5 million, including a small number of premium suites currently priced up to $44 million.
3,000 commercial units in a similar price range
2,400 time-share units
10,000 hotel units
A World Class Casino
A ferryboat transportation system that provides departures every 15 minutes, 24 hours a day, to 3 or more local cities giving ship residents access to the local neighborhood and up to 30,000 land-based residents a chance to spend a day on the ship.
A World-Class Medical Facility practicing Western and Eastern medicine as well as preventive and anti-aging medicine.
A School System that gives the students a chance to take a field trip into a different Country each week for academic purposes or to compete with local schools in numerous sporting events. For example; The Freedom Ship High School Soccer team plays a Paris High School team this week at home and an Italian team next week in Italy, while the Freedom Ship High School Band presents a New Orleans Jazz musical at a concert hall in London.
An International Trade Center that gives on-board companies and shops the opportunity to show and sell their products in a different Country each week.
More than 100 acres of outdoor Park, Recreation, Exercise and Community space for the enjoyment of residents and visitors.
Many of you already know what we have created. Those of you who "do not get it" may feel free to move on to the next web site.
For those of you who are still with us, I am sure we do not need to explain to you what this lifestyle will be like - you already know! Therefore, we invite you to join with us in the creation of this new lifestyle.

According to the company's website,

With a design length of 4,500 feet (1400 m), a width of 750 feet (230 m), and a height of 350 feet (110 m), Freedom Ship would be more than 4 times longer than the Queen Mary. The design concepts include a mobile modern city featuring luxurious living, an extensive duty-free international shopping mall, and a full 1.7 million square foot (160,000 m²) floor set aside for various companies to showcase their products. Freedom Ship would not be a cruise ship, it is proposed to be a unique place to live, work, retire, vacation, or visit. The proposed voyage would continuously circle the globe, covering most of the world's coastal regions. Its large fleet of commuter aircraft and hydrofoils would ferry residents and visitors to and from shore.

Current naval engineering techniques are inadequate for the construction of such a large vessel. At present supertankers cannot be made larger because of the enormous stresses imposed on hulls by hogging and sagging in heavy seas, leading to catastrophic failures. Freedom Ship International has said on the Discovery Channel's Engineering the Impossible that they plan to use a barge building technique, which would reduce the stress of the enormous weight. Also, this would reduce the cost of custom made parts for the ship, which would allow living costs to be more reasonable. The program has also said that the propellers would be a series of 400 fully-rotational azipods; despite the high number of screws, the ship would still be the slowest in the world.

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^^ will the ship be ever constructed ?? is it feasable ?? now that ships like Freedon of the Seas and Liberty of the Seas are both the most impresive ships of the moment and with the monster Genesis comming our way
Are there any statistics to show current fleet ages? It seems that at least when you look at cargo ships, most of them are very old

One Awesome Propeller

Take a look at this monster propeller. It weighs 107 tons and is 9.1 meters (about 10 yards) in diameter. The six-blade propeller used to power the ship is made from manganese bronze and nickel-aluminum bronze.

That is awesome but terrifying, out of curiosity what is the maximum RPM for a propeller this size at full power? About 75-100?
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