• 2018 December 5 19:13

    Damen’s first Fishing Seminar success as new leasing fund welcomed by South African fishing community

    Damen’s first Fishing Seminar, held in Cape Town, was heralded a great success, with more than 60 participants attending from a broad cross-section of the industry, including the five major South African fishing companies, the company said in a press release.

    Jeremy Marillier, Executive Director of FishSA, the representative of all the main industry associations in South Africa, commented: “The event was a good opportunity for different stakeholders from various sides of the industry to come together - to engage, listen and understand the current operating environment and various push and pull factors such as the cost of doing business, etc. It was a very informative day.” He added that the fishing industry would welcome more information days like these.

    The Fishing Seminar, held on November 22 at DAMEN Shipyards Cape Town, was also chosen to launch Damen’s new fund, ‘Africa Ship Leasing’. Benny Bhali, Sales and Marketing Executive at DAMEN Shipyards Cape Town emphasised: “Damen wants to show how it can support the fishing community, both in terms of maintaining the existing fleet and also through the fund, which can help them develop their fleet and potentially replace ageing vessels. I think the fishing industry appreciated our efforts.”

    It is worth noting that clearly these issues are of interest in other parts of southern Africa as companies from Namibia and Mozambique also attended, he pointed out. Participants also had a tour of DAMEN Shipyards Cape Town to highlight the advantages of building vessels ‘in Africa for Africa’.

    “The South African government has some important initiatives to help develop the fleet but it won’t be able to achieve its ambitions on its own”, emphasised Mr Bhali. “But by working in partnership with industry and government we can provide creative solutions to move the market forward. Ultimately, I think we have started a conversation with the key players.”

    Damen has delivered more than 1,200 vessels to customers in Africa over the years. Africa Ship Leasing was established in May 2018 and is already assisting owners in both Nigeria and Angola. Each lease agreement is tailormade. The customer begins by chartering the vessel for a certain number of years, while at the same time repaying the loan and the applicable interest. They then have the option to purchase the vessel during the tenor of the agreement and the obligation after the repayment period.

    About DAMEN Shipyards Cape Town (Pty) Ltd:

    Damen Shipyards Cape Town (DSCT) builds ships in Africa for Africa. To date, the yard has constructed & delivered 40 vessels to the African continent from its base in Cape Town, including offshore patrol vessels, dredgers, tugs, naval craft and platform supply vessels, some of which have been built for stock in order to ensure fast delivery. The DSCT Services & Repairs department has provided training, delivery, maintenance & repairs assistance to countries across the globe and especially to African countries seeking to source high quality services from South Africa.

    Through thorough research, on-going evaluations and customer feedback, DSCT’s vessels are of the highest international quality standards and provide customers with the assurance of generations of proven high-tech commercial off-the-shelf (C.O.T.S) vessels.  

    DSCT has a well-established Apprenticeship Training Centre which is accredited by MerSETA and ChietaSETA.  Apprentices selected for the Apprenticeship Training Centre program have the opportunity to obtain the necessary skills in order to achieve artisan status in Welding, Boiler Making, Pipe Fitting or Electrical and they are provided with a job opportunity at the same time. The first, second and third year apprentices are productive on the shop floor under the mentorship of qualified artisans until they pass their Trade Test. Once qualified, all apprentices have the opportunity to be absorbed into the business as artisans.  To date, DSCT has trained 63 Apprentices of which 19 are female.  DSCT’s Apprenticeship Training Centre is the true reflection of the yard’s commitment to the South African Governments economic initiative, known as Operation Phakisa, which aims to reach the potential of the South African Maritime Sector, including shipbuilding, and to accelerate economic growth and job creation.  

    Damen Shipyards Group
    Damen Shipyards Group operates 35 shipbuilding and repair yards, employing 12,000 people worldwide. DAMEN has delivered more than 6,000 vessels in more than 100 countries and delivers some 160 vessels annually to customers worldwide. Based on its unique, standardised ship-design concept DAMEN is able to guarantee consistent quality.

    Damen’s focus on standardisation, modular construction and keeping vessels in stock leads to short delivery times, low ‘total cost of ownership’, high resale values and reliable performance. Furthermore, DAMEN vessels are based on thorough R&D and proven technology.

    Damen offers a wide range of products, including tugs, workboats, naval and patrol vessels, high speed craft, cargo vessels, dredgers, vessels for the offshore industry, ferries, pontoons and superyachts.

    For nearly all vessel types DAMEN offers a broad range of services, including maintenance, spare parts delivery, training and the transfer of (shipbuilding) know-how. DAMEN also offers a variety of marine components, such as nozzles, rudders, winches, anchors, anchor chains and steel works.

    Damen Shiprepair & Conversion (DSC) has a worldwide network of eighteen repair and conversion yards of which twelve are located in North West Europe. Facilities at the yards include more than 50 floating and (covered) drydocks, the largest of which is 420 x 90 metres, as well as slopes, ship lifts and indoor halls. Projects range from the smallest simple repairs through Class’ maintenance to complex refits and the complete conversion of large offshore structures. DSC completes around 1,300 repair and maintenance jobs annually, both at yards as well as in ports and during voyages.





2019 April 20

16:31 CMA CGM announces FAK rates for Asia - the Middle East Gulf trade
15:02 MOL pledges support for Mozambique in wake of devastating cyclone
14:42 USCG Cutter Waesche crew returns home after 95-day counter-narcotics patrol
13:27 CMA CGM announces FAK rates for Asia to Pakistan / India / Sri Lanka trade
13:12 Carnival Cruise Line, CFVI unveil revitalized Griffith Park in St. Thomas for local children
12:26 BC Ferries celebrates Earth Day with the return of the Spirit of Vancouver Island
11:04 Certification of Arkona offshore wind farm by DNV GL confirms safe and reliable power supply
10:49 Navios Maritime Acquisition Corporation announces $103.2 million sale and leaseback transaction
10:38 Boskalis acquires EUR 75M dredging contracts in Indonesia

2019 April 19

18:07 Keppel posts net profit of S$203M in 1Q 2019
17:28 Passenger Port of Saint-Petersburg to complete Phase 1 of Berth No7 reconstruction in summer 2019
17:04 Saudi Aramco partners with the Saudi Contractors Authority fostering collaboration at ‘Future Projects Forum’
16:57 BAE Systems Jacksonville secures Navy's conntract mod for DDG 117
15:04 Hyundai LNG Shipping announces order for one VLGC at HHI
14:55 Marina for 100 yachts to be built in Feodosia by Firm “TES” LLC
14:10 C-Fenna successfully completes Fugro 1200 jackup towing operations
13:32 ESPO congratulates Port of Huelva for renewing EcoPorts’ environmental management standard
13:07 Spirit of Vancouver Island vessel returns to service after mid-life upgrade including conversion to natural gas
12:44 New High Bay Container Storage system launched as “BOXBAY”
12:10 ABS teams with industry leaders to improve container vessel safety
11:39 Port Arthur LNG receives FERC authorization for export project in Texas
11:08 Dual-fuel AET tankers conduct maiden LNG bunkering
10:43 Largest barge of Azerbaijan Caspian Shipping Company undergone overhaul
10:19 Brent Crude futures price is down 0.04% to $71.95, Light Sweet Crude – up 0.38% to $64
09:56 Bunker prices are sable at the port of Saint-Petersburg, Russia (graph)
09:35 TransContainer’s transportation volumes in Q1’2019 increased by 7.7% Y-o-Y to 492,000 TEUs
09:17 Baltic Dry Index is up to 790 points
07:42 GTT receives an order from DSME for the tank design of a new LNG carrier

2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019
13:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:03 Biggest European shipbuilders collaborate on vessel connectivity in project Code Kilo
12:49 NOVATEK reports preliminary operating data for the first quarter 2019
12:13 Frontex, EMSA and EFCA open second annual European Coast Guard Event
11:51 RF Navy’s Northern Fleet takes part in combat training missions as part of final check for winter training season
11:27 ASCO took part in TransRussia-2019
11:00 ZIM joins to blockchain shipping solution TradeLens
10:44 Shareholders agreement on construction of Lavna terminal signed under Murmansk Transport Hub project
10:28 Brent Crude futures price is up 0.1% to $71.69, Light Sweet Crude – up 0.09% to $63.82
10:09 ABS teams with industry leaders to improve container vessel safety
09:53 Keppel secures integration and upgrading contracts worth around S$160 million
09:37 Tri-City ports take part in Seatrade Cruise Global
09:36 Bunker Market this morning, April 18
09:15 Baltic Dry Index is up to 767 points

2019 April 17

19:00 SMS Towage’s Humber fleet adds new tug
18:36 CMA CGM has announced FAK rates from Asia to North Africa
18:06 DESMI's CompactClean Ballast Water Management System receives US Coast Guard Type Approval
17:36 Denmark's first new-build hybrid ferry on key passenger route
17:06 CMA CGM announces FAK rates from Asia to the Mediterranean
16:38 Matson receives new cranes at its Honolulu hub terminal
16:17 Stena Europe undergoes refit upgrades in Turkey