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Latest CSBC Corporation news & announcements

Wärtsilä Lifecycle Agreement to guarantee operational reliability of new wind farm installation vessel

Technology group Wärtsilä has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 metres-long marine installation vessel (MIV), the ‘Green Jade’. The order was booked by Wärtsilä in Q1 2024. Wärtsilä Lifecycle Agreement Green Jade is designed and built in Taiwan with the mission to facilitate government policy to make Taiwan sustainable. As Green Jade will be managing diverse projects and varying offshore distances, operational reliability is of utmost importance. Extensive favour aid fed by the Wärtsilä Lifecycle Deal will maximise the ship uptime The extensive service support provided by the Wärtsilä Lifecycle Agreement will maximise the vessel’s uptime and significantly mitigate the risk of delays to the installation work by ensuring regular maintenance, timely repairs and access to technical support. Taiwan's offshore industry Marco Kanaar, CEO of CDWE, owner of the offshore heavy lift DP3 installation vessel Green Jade says: "High utilisation of our Green Jade is of utmost importance to our business which is why we have selected the Wärtsilä thrusters and engines for its reputation for excellent quality and reliability." "By formalising our partnership with Wärtsilä through this maintenance agreement, we are not only enhancing the operational efficiency and asset availability of our fleet but also fostering our joint commitment to nurturing local talent, facilitating employment opportunities and solidifying a foundation for sustained success in Taiwan's offshore industry." Rule-based advanced diagnostics Propulsion condition monitoring service and Wärtsilä’s Expert Insight predictive maintenance service The full scope of the agreement includes remote operational support, a propulsion condition monitoring service and Wärtsilä’s Expert Insight predictive maintenance service. Expert Insight utilises artificial intelligence and rule-based advanced diagnostics to continuously monitor operating data. This secures asset availability and reliability. “From the very first discussions, it was clear that availability, maintenance flexibility and reliability were essential for this project with CDWE during project execution. This vessel holds a special flag administration and classification society exemption, permitting 7.5 years of drydocking intervals. This is enabled with data, AI and close collaboration between us and the ship operator,” comments Henrik Wilhelms, Director, Agreement Sales, Wärtsilä Marine. Comprehensive scheduled maintenance The agreement also includes comprehensive scheduled maintenance, including all major overhauls of the ship’s Wärtsilä engines and thrusters, along with original spare parts. The time-between-overhaul guarantees, provided by the agreement, decrease the frequency of overhauls. This not only significantly reduces the cost, but also minimises the environmental impact of the maintenance.

Yang Ming celebrated the naming of its 2,800 TEU class full container vessel, YM Continuity

On June 25th, Yang Ming Marine Transport Corp. (Yang Ming) celebrated the naming of its 2,800 TEU class full container vessel, YM Continuity with a virtual naming ceremony. Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon, located respectively at Yang Ming’s headquarters in Keelung and CSBC Corporation’s administration building in Kaohsiung, jointly officiated the ceremony. Mrs. Chen Shu-Huei, wife of the President of National Ocean Taiwan University, Hsu Tai-Wen, had the honour to officially name the ship during the ceremony and wish the ship and its crew the best of luck on their future voyages. Smart SHM notations YM Continuity has a nominal capacity of 2,940 TEU and is equipped with 353 plugs for reefer containers. With a length of 209.75 meters, a width of 32.8 meters and a draft of 11.2 meters, YM Continuity is designed to cruise at a speed up to 21 knots. The newbuilding adopts the Sea Sword Bow design to significantly save energy and optimize hydrodynamic performances. The application of its electronic controlled fuel injection engine with low-load tuning Exhaust Gas Bypass (EGB) fuel control system will greatly enhance the new ship’s energy efficiency. The installation of scrubbers will help Yang Ming to fulfil its promise to reduce emissions of NOx and SOx. Furthermore, YM Continuity is certified with ABS’ Smart INF and Smart SHM notations and CR Classification Society‘s ‘Smartship H, Et, I’ notations. Smart information infrastructure The company has extended industry-academia cooperation with National Taiwan Ocean University The recognitions denote that the vessels is equipped with smart information infrastructure of big data acquisition and cloud transmission, which allow ship structure endurance monitoring and future structural health awareness through ABS’s customised analysis program to ensure sailing safety. In addition to achieving environmental sustainability through shipbuilding technology, nurturing industry professionals is one of Yang Ming’s strategies to fulfil corporate social responsibility goals. The company has extended industry-academia cooperation with National Taiwan Ocean University. Together they have established postgraduate programs which offer opportunities for graduates with a bachelor’s degree to study in marine transportation & maritime science technology. Maritime science technology The collaboration will help cultivating marine professionals and exploring diverse career paths for the youth. With Mrs. Chen as the lady sponsor of YM Continuity, Yang Ming specially invited several teachers and students of National Taiwan Ocean University to participate in the virtual event, adding a significant meaning of promoting maritime education to the ceremony. With the addition of 2,800 TEU newbulidings, Yang Ming’s intra-Asia service network will be significantly enhanced. YM Continuity, the ninth in the series, will be deployed on Yang Ming’s service ‘JTS’ as of July 1st. The port rotation of JTS is Nagoya – Tokyo - Chiba - Yokohama - Keelung - Kaohsiung - Hong Kong - Shekou - Port Kelang - Singapore - Manila South Port - Kaohsiung - Hong Kong - Shekou - Xiamen – Nagoya.

Yang Ming holds naming ceremony for YM Constancy

Yang Ming Marine Transport Corp. (Yang Ming) held a naming ceremony for its 2,800 TEU class full container vessel, YM Constancy, at CSBC’s Kaohsiung shipyard on March 19th. The ceremony was officiated jointly by Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon. Mrs. Ho Shu-Ping, Director General of the Department of Navigation and Aviation, Ministry of Transportation and Communications was invited to officially name the ship during the ceremony and wished the ship and its crew the best of luck on their future voyages. YM Constancy YM Constancy has a nominal capacity of 2,940 TEU and is equipped with 353 plugs for reefer containers YM Constancy is the eighth in a series of ten 2,800 TEU full container vessels built at CSBC shipyard. It has a nominal capacity of 2,940 TEU and is equipped with 353 plugs for reefer containers. With a length of 209.75 metres, a width of 32.8 metres, and a draft of 11.2 metres, YM Constancy is designed to cruise at a speed up to 21 knots. Sea Sword Bow design The new building adopts the Sea Sword Bow design to significantly save energy and optimise hydrodynamic performances. The application of its electronic controlled fuel injection engine with a low-load tuning Exhaust Gas Bypass (EGB) fuel control system will greatly enhance the new ship’s energy efficiency. Furthermore, the installation of scrubbers will help Yang Ming to fulfill its promise to reduce emissions of NOx and SOx, ensure environmental sustainability and obtain operational efficiency. Bureau Veritas’ SMART SHIP certification  In addition to the environmental advantages, YM Constancy has also been certified with Bureau Veritas’ SMART SHIP (MACHINERY 1) notation, which indicates that the ship is equipped with an integrated computer-based system for the controlling and monitoring of the automated installations of periodically unattended machinery spaces. Its monitoring devices also allow the reduced scope of tail shaft survey. To strengthen its overall competitiveness and improve operational costs, Yang Ming has accelerated its vessel optimisation plan. Yang Ming’s fleet The ships can empower Yang Ming’s fleet management and pave the path to achieving a digital and intelligent future Since 2020, Yang Ming has taken delivery of a total of seven 2,800 TEU self-owned vessels and four 11,000 TEU chartered-in vessels. The remaining two 2,800 TEU self-owned vessels and ten 11,000 TEU chartered-in newbuildings will be delivered shortly. These newly built ships can empower Yang Ming’s fleet management and pave the path to achieving a digital and intelligent future. Intra-Asia service network YM Constancy will be deployed on Yang Ming’s intra-Asia service, JTS, from April 1st. With the addition of the new vessel, its energy-saving technologies coupled with the current steady market demand will help optimise Yang Ming’s intra-Asia service network. The port rotation of JTS is Nagoya – Tokyo - Chiba - Yokohama - Keelung - Kaohsiung - Hong Kong - Shekou - Port Kelang - Singapore - Manila South Port - Kaohsiung - Hong Kong - Shekou - Xiamen – Nagoya.

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