• 2019 February 27 14:50

    First tanker built in Azerbaijan to be delivered in June 2019

    “Azerbaijan Caspian Shipping Company” CJSC (ASCO) regularly provides both transportation fleet and specialized fleet with the ships constructed according to the latest shipbuilding results, AS COMPARED WITH says in a press release. As a result of special attention and care of the President to the maritime industry, 20 different ships were purchased and put into operation over the past 5 years. Generally, within the framework of the renovation plan of ASCO fleet it is planned to purchase more than 70 ships and to construct in Baku Shipyard within the next 10 years. These ships include tankers, dry cargo, ferry, crane, passenger, diving, supply-towing, towing, fire extinguishing, sand-dredging and dredging vessels. Exploitation of the ships will contribute both to preserve the leading position of the country in the Caspian Sea and to expand activities in the foreign waters and to develop shipbuilding industry in the country. Moreover, those ships will contribute to eliminate the dependence on one market, to increase the competitiveness of the fleets, to transport transit cargos over Azerbaijan and to successfully implement oil and gas projects in the Caspian Sea.

    Fortunately, the resources of the local shipbuilding are also applied in the fleet renovation process in the recent years. “Azerbaijan Caspian Shipping Company” CJSC and “Baku Shipyard” LLC are successfully cooperating in this regard. Till now, one tow-ship and three passenger ships were constructed in the mentioned shipyard on the order of ASCO and were delivered.

    Currently, two RST12C new generation tankers and two unique “Ro-Pax” (CNF- 18C) ferry boats are constructed in Baku Shipyard for ASCO. These ships, which are constructed according to the schedule, will be delivered by the end of 2020.

    Construction of the hull of one of these vessels – “Lachin” oil tanker has been completed by 100%. In figures, this means 860,000 no injury working hours. The remaining construction and installation works will be conducted on the berth bridge of Baku Shipyard. For this purpose, the tanker “Lachin” was floated out by the hydraulic carriers over the floating dock from the construction-installation site of the shipyard. Once the construction of the ship is completed, the sea exploitation tests will start. In general, “Lachin” tanker is scheduled to be delivered in June 2019.

    This type of new generation tankers, constructed on the order of ASCO, are 141 m in length, 16.9 m in width and 6 meters in height. The tankers with the deadweight of 7,875 T in the sea and 5,447 T in the river are equipped with two 1200Kw “Wartsila” engines. These ships have a crew of 11 people and move at the speed of 10 knots. Each tanker has six tanks with a total capacity of 9212 cubic meters for transportation of crude oil and oil products. The design of these unique floating vessels was developed by the Odessa Maritime Engineering Bureau.

    The minister of economy Shahin Mustafayev, the director of the State Maritime Agency Gudrat Gurbanov, the chairman of the “Azerbaijan Caspian Shipping Company” CJSC Rauf Valiyev, the vice president of SOCAR Suleyman Gasimov and the general manager of Baku Shipyard LLC Imanverdi Hasanov participated in the launching ceremony of the ship.

    The students of the Azerbaijan State Maritime Academy also attended the launching ceremony. At the ceremony, the chairman of ASCO Rauf Veliyev and the general manager of Baku Shipyard LLC Imanverdi Hasanov informed the students about the activities of Baku Shipyard and the new ships that have been constructed in this shipyard. They stated that construction of modern ships is important for our seamen in terms of new work places. Rauf Veliyev and Imanverdi Hasanov noted that the students with high academic results had an opportunity to work both in the shipyard and on the ships.

    At the end, “Azerbaijan Caspian Shipping Company” CJSC and “Baku Shipyard” LLC signed a new contract to construct two more new tankers of the same type. It should be noted that “Baku Shipyard” LLC started to operate officially on September 20th, 2013 with participation of the President Ilham Aliyev. Currently, 1300 local experts and staff are working there.

2020 August 3

18:43 CMA CGM announces Peak Season Surcharge rates from North Europe to Indian Subcontinent
18:06 Total seven-month cargo traffic in Azov-Don basin in Jan-Jul down 6%
17:55 Inmarsat, Thetius and Shell Shipping and Maritime launch 'Crew Welfare Open Innovation Challenge'
17:25 The PV300 MS Mustai Karim leaves Krasnoye Sormovo Shipyard basin, sets sail for St. Petersburg
16:42 Spot market price for Russian M100 product ended week higher
16:06 Russian Gov’t approves regulation on crab boats construction incentives
15:32 Kalmar delivers four medium and heavy forklifts to support Yizheng Port in meeting safety and environmental requirements
15:26 RZD seven-month loaded freight down 4.4%
14:18 Ust-Luga Company wins the Ust-Luga Cup 2020
13:24 Borr Drilling Limited enters into a new contract and LOIs for three rigs
13:08 Long-awaited project of Kalmykia’s Lagan Port becomes part of the federal transport territorial planning
12:46 MSC Cruises and Palumbo Group form joint venture to operate the Palumbo Malta Shipyard
12:23 OHT wins contract for transport and installation of foundations at Dogger Bank
12:20 RZD to resume traffic via new rail bridge across the Kola as of October 1
11:46 Eagle Bulk reports the successful resolution of security incident onboard vessel
11:10 Buyan-class corvette Grayvoron departs for Novorossiysk sea trials base
09:48 Crude futures prices edge down
09:41 MABUX: Bunker market this morning, Aug 03
09:16 Baltic Dry Index as of July 31

2020 August 2

16:03 Kirby Corporation announces 2Q, 2020 Results
15:31 Bollinger delivers second of three USCG FRCs to be home-ported in Guam
14:37 Dennis de Bruin appointed Managing Director of Commercial Shipping Europe
13:52 ABS supports global offshore wind development with updated guidance
12:35 USCG sets port condition Zulu for Ports of Miami and Key West
11:24 Tony Goldsmith announced as new head of marine at law firm Hill Dickinson as David Wareing steps down
10:52 Sea Machines partners with Maine Maritime Academy & MARAD to include intelligent vessel systems in curriculum

2020 August 1

14:21 U.S. appoints coordinator for the Arctic Region
13:14 CMA CGM announces GRR for Asia-West Africa trade
12:44 Polarcus awarded 3D project in Asia Pacific
11:31 Pacific Basin announces 2020 interim results
10:53 EBRD supports decarbonisation of energy sector in Cyprus

2020 July 31

18:26 Fincantieri BOD approves 1H 2020 results
18:07 Vostochnaya Verf to launch 03141-series first crab catcher in autumn 2020
17:36 Holland America Line changes name of newbuild to Iconic Rotterdam and designates it the new flagship
17:07 October Revolution Shipyard rolls out small seiner for a Kamchatka fishing company
17:06 Alfa Lift signs contract for transport and installation of foundations at Dogger Bank
16:44 Ship recycling in Bangladesh leaps forward with third phase of key project signed
16:05 Cox production diesel outboards make their way to North America
15:36 Port of Vancouver USA receives longest wind blades ever
14:42 USCG medevacs mariner 35 miles offshore Freeport, Texas
13:44 OOCL announces new China Indonesia Philippines service
13:39 Construction of A45-90.2 series passenger ship duo kicked off at SNSZ Shipyard
12:45 Petrotrans accepts delivery of third dry cargo ship of Project RSD59
12:10 McNetiq launches new magnetic anchors for fall protection
11:09 CMA CGM announces rates from China to Middle East Gulf
10:00 DP World Komatipoort becomes the first dry port east of Gauteng
09:46 Baltic Dry Index as of July 30
09:32 Crude futures prices climb
09:08 EMSA and ECDC issue guidance in response to COVID-19 challenges
08:51 Bunker Market this morning, 31st July, 2020
08:46 Australia bans bulk carrier TW Hamburg for wage exploitation

2020 July 30

18:24 DP World volumes down 3.9% in 1H2020
18:04 $300 billion T&L industry is still in infancy of digital transformation - Lux Research
17:43 Port of San Diego establishes Foreign Trade Zone at Tenth Avenue Marine Terminal
17:23 Association of River Ports and Ship Owners celebrates its 25th anniversary
16:04 Russia should join the Nairobi Convention – Transport Ministry
16:03 Aimo Park Finland selected to build customer-centric parking at Helsinki harbours
15:25 APM Terminals first to launch fully digital export management system in Russia
15:04 Russian Gov’t to regulate determining evaluation costs of domestically built ships
14:17 MABUX Weekly Viewpoint