Deals this week: North Carolina Ports, Hudong-Zhonghua Shipbuilding, and HSHI


North Carolina Ports has announced a new collaboration initiative with ZIM Integrated Shipping in order to improve its access to South China, South-east Asia and the Indian subcontinent.

ZIM has added the port company’s Wilmington and Delaware ports into its Z7S all-water Asia-US East Coast service rotation programme under the new agreement.

The weekly Z7S container programme currently contains 11 vessels and will begin accessing the Wilmington port from June onwards.

The deal will enable North Carolina Ports to have direct access to a number of ports in Asia, and is expected to increase agricultural exports through the Port of Wilmington Cold Storage (PWCS) facility.

Hudong-Zhonghua Shipbuilding will build two chemical tankers for Norway's Odfjell at an estimated total cost of $116m. The two vessels will be equipped with 40 stainless steel cargo tanks and will have a capacity of 38,000dwt.

The vessels will run on dual fuels, and possess the capacity to carry approximately 45,000m³ of cargo.

The first of the tankers is expected to be delivered in the fourth quarter of 2019, followed by the second and final in the second quarter of 2020.

"Hyundai Heavy Industries (HHI) affiliate Hyundai Samho Heavy Industries (HSHI) has secured a contract to build four 114,000dwt ice-class IA Aframax tankers for Russia's Sovcomflot."

Hyundai Heavy Industries (HHI) affiliate Hyundai Samho Heavy Industries (HSHI) has secured a contract to build four 114,000dwt ice-class IA Aframax tankers for Russia's Sovcomflot.

The 250m-long, LNG-fuelled Aframax vessels will feature a height of 21m, and are scheduled for delivery in the third quarter of 2018. They are expected to be chartered by Shell.

The new tankers will emit 90% lesser SOx, 80% lesser NOx and 15% lesser CO2, and generate 50% less engine noise compared to traditional tankers once operational.

Rolls-Royce entered an agreement with Sweden’s Stena Line to jointly develop a new ship intelligent awareness system, which will enable crew to operate the vessel more efficiently.

Rolls-Royce will be responsible for the approval of concept and for the commercial availability of the awareness product under the new arrangement.

The company will use data from a range of sensors along with information from existing ship systems to design the intelligent awareness system.