SIEMENS FINANCIAL

Hellenic Navy Orders Siemens Technology

Siemens Industrial Solutions and Services (I&S) Group is now to equip a fourth Class 214 submarine with modern propulsion, control and monitoring technology for Greece. The project includes delivery of the Permasyn electric motor, the PEM fuel cell modules, and the "Nautos" automation system. The order volume is about EUR 21 million. Handover of the submarine to the Hellenic Navy is scheduled for 2009. In 2001, Siemens had already received an order to equip three vessels of the same type. Like the previous three vessels, the new submarine will have a Siemens Permasyn type electric propulsion drive. These DC-powered permanent-magnet excited synchronous motors are characterized by an extremely low signature, high availability, compact dimensions, and simple operation.A PEM fuel cell system (PEM - Polymer Electrolyte Membrane) powers the submarines underwater, permitting propulsion without outside air (air independent propulsion, AIP). The AIP system is a development by HDW. Siemens is providing the fuel cell modules and the control and monitoring equipment.The Nautos integrated automation system controls, monitors, and coordinates the entire ship's engineering. Operation and monitoring are performed centrally at the control console. This relieves the operator of routine tasks, facilitates operation of the submarines, and increases reliability and safety.The equipment from Siemens is the latest technology available for non-nuclear submarines

Siemens Fits Out Italian Submarines

The Marine Engineering Subdivision of Siemens Industrial Projects and Technical Services Group (ATD) is fitting out two submarines for the Italian Navy with propulsion and control systems worth $60 million. About half of the order will go to Siemens Power Generation Group (KWU), which will be supplying the fuel cells for the propulsion system. Currently under construction at Italy's Fincantieri shipyard to drawings supplied by German shipyards Howaldtswerke Deutsche Werft AG and Thyssen

EPD, Siemens Form Solutions Partnership

Electronic Power Design, Inc. (EPD) and Siemens Industry, Inc. Drive Technologies today announced that the companies have formed a solutions partnership for Siemens ELFA R hybrid propulsion systems.  Siemens recently released its newly designed ELFA hybrid propulsion system, which offers considerably enhanced fuel consumption, range, redundancy, and maneuverability. The Siemens ELFA successfully closes the gap between large merchant vessels and small recreational and commercial crafts

Chinese Shipyards and Siemens Offer Solutions

Offshore Production more and more important for Oil and Gas Supply Deep water production from the offshore sector will grow considerably in China and worldwide in order to further secure own supplies. Siemens has developed solutions to improve the reliability of and production time for offshore drilling and production platforms. Siemens is teaming up with Chinese shipyards to build up a reputation as key player in the international offshore market which is currently dominated by countries

Siemens Industrial Solutions and Services Group

The Siemens Industrial Solutions and Services Group (I&S) has received an order from the Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) to supply electrical equipment for a new semisubmersible offshore drilling rig. The rig will be used for deepwater drilling operations in harsh environments. The final customer is Odfjell Invest Ltd., Hamilton, Bermuda. The order is worth around 15 million euros and the drilling rig is to be delivered in October 2008.

Siemens Wins Navy Contract

Siemens Industry, Inc. (NYSE: SI) wona contract to equip two U.S. Navy Auxiliary General Oceanographic Research (AGOR) vessels with its unique diesel electric propulsion solution at Dakota Creek Industries Inc. (DCI), located in Anacortes, Wash. Seattle-based Naval Architecture and Marine Engineering firm Guido Perla & Associates, Inc. (GPA) will design the ships. The total order value is more than $10 million. "Siemens' dedication to supporting Dakota Creek Industries exemplifies a

Six CTruk Cats Head for Irish Sea Wind Farm

CWind wins contract for 6 CTruk 20T multi-purpose cats to provide crew & load transfer services at Gwynt y Môr Offshore Wind Farm. Cwind say that this is their largest vessel contract win, and the six workboats will arrive on site over the next two months as construction activity picks up. The two most recent additions to CWind’s charter fleet, 'CWind Adventure' and 'SC Buzzard', are the first vessels to join the Siemens team at Gwynt y Môr

Cargotec Appoints Mikko Pelkonen Senior VP

Cargotec has appointed Mikko Pelkonen as Senior Vice President, Human Resources and member of the Executive Board and reporting to President and CEO Mika Vehviläinen. He will be responsible for corporate human resources strategy and implementation. The appointment takes effect in August 2013. Mikko Pelkonen is currently Vice President of Human Resources at Nokia Siemens Networks, Mobile Broadband Business Unit

MacGregor Cranes from Cargotec for Windmill Park

Order for MacGregor offshore cranes raises Cargotec's stake in sustainable energy production Cargotec is supplying two MacGregor offshore deck cranes for installation on an offshore converter platform, BorWin beta, which will feed 800MW of renewable energy generated by two offshore windfarms into the German electricity grid. The power converter will begin test operation at the end of 2012. The MacGregor luffing cranes have an SWL of 10 tonne at 41m outreach and will be used to offload

Siemens-Schottel Gains Worldwide Approval

The Siemens-Schottel Propulsor Consortium (SSRP) was granted approval for the new SSP marine propulsion. After more than two years of development, Det Norske Veritas was responsible for technical acceptance of the propulsion system for worldwide service. The propulsor, which is a so-called "pod type" propulsion system that offers both technological and economic advantages via an electronic motor housed in a pod or nacelle suspended beneath the hull of a vessel - providing direct drive to a