Based in Rauma, Aker Finnyards recent history is indicative of the changes, which continue to sweep the Finnish maritime scene. Finnyards is owned 100 percent by Norwegian interests, part of Aker Yards, an international shipbuilding group comprising Aker Finnyards together with a German and two Norwegian shipyard groups. Aker Yards is owned by Aker RGI. Aker Finnyards' main activities are construction of specialized ships, vessels for oil and gas production and heavy offshore structures. Aker Finnyards' ownership is 100 percent Norwegian, While the shipyard's reign under Norwegian rule is relatively short, its experience and accrued expertise spans many decades and includes more than 1,500 ships built — both long series and extremely demanding one-offs. Deliveries include fast ferries, car-passenger ferries, cruise liners, scientific research vessels, RoRo vessels, ice breakers and naval craft. The yard is also well suited for handling various types of offshore constructions in its huge 853 x 279 ft. (260 x 85 m) drydock, with 300 tons lifting capacity and 600 tons transport capacity. In the graving dock it is possible to build vessels up to 150,000-dwt. Aker Finnyards and the Greek G A Ferries recently signed a letter of intent for the building of a new car-passenger ferry for short international routes and Greek domestic traffic. The LOI also includes an option for another vessel. G A Ferries, which operates 10 vessels, intends to go public in Athens this year.
The Board of Aker Finnyards Oy has appointed Mr Jyrki Heinimaa as the new President of the Finnish shipbuilding company Aker Finnyards Oy. He will start in his new position on February, 16 2004 Heinimaa (38), LL.M., the present Senior Vice President, Finance & Administration, of the company has been employed by the company since 1996 attending first to the legal matters and since 1999 also for the financial administration
14 Shipyards were competing last November for Birka Line’s newbuilding contract. Aker Finnyards won, and after the design period the production of the cruiser started today. The vessel, approximately $181M, is considered to be an environmentally friendly vessel- it fulfills two very new classification criteria; DNV’s Clean Design rule defining several environmental solutions as to the ship structures, and the Comfort Class rule securing a noiseless and vibration free environment.
Scandinavian passenger ship operators have specified Evac vacuum toilet and waste treatment for their latest newbuildings from Aker Kvaerner group yards in Finland. Evac systems will also serve RoPax ferries and cruise liners commissioned by other major owners, as well as diverse naval vessels Birka Line cruise ship The 33,000gt/1,800-passenger vessel ordered by Birka Line from Aker Finnyards - dubbed the ‘Floating Caribbean’ - is designed to set new standards of year-round cruising
Wärtsilä Corporation was awarded a repeat order in February 2006 for main and auxiliary engines for the fourth new cruise ferry for the Estonian ferry company Tallink Grupp AS. The ferry will be built at the Helsinki shipyard of Aker Finnyards ASA in Finland with delivery in summer 2008. The Wärtsilä engines give the newbuilding a compact, low weight machinery plant with excellent fuel consumption. For this new cruise ferry
Color Line AS and Aker Yards signed a letter of intent (LOI) for the order of a second ship, a sister vessel to M/S Color Fantasy, the world's largest cruise ship with car decks delivered from Aker Finnyards the 3rd of December 2004. The contract value is at the same level as for M/S Color Fantasy, approximately EUR 300 million. The agreement is subject to certain conditions, including Color Line and Aker Yards board approval
Aker Maritime is in talks to sell a 32.5 percent stake in its Aker Base unit to supply ship owners Simen Moekster Shipping and Eidesvik Holding. Aker Maritime, which would maintain a 35 percent holding in Aker Base, would book a pre-tax gain of 208 million crowns ($25.5 million) from the deal, including 140 million in 2000. Under the deal, Aker Base, a land-based support group for offshore installations, would also service Moekster's and Eidesvik's supply ships.
Aker Maritime is reportedly taking full control of Aker Geo from industrial holding company Aker RGI.
The Finnish maritime market continues to serve the high-tech, high-value end of the marine business with a plethora of engineered solutions and continually evolving marine technology. As the brunt of "series production" shipbuilding (ie. bulkers and tankers) is now firmly embedded in the Far East, dominated by Japan, Korea and China, Finland continues to be a dominating force in specialty markets, most notably cruise shipping.
Aker Maritime's corporate assembly has elected Bengt A Rem and Olav Revhaug as the new shareholder representatives on the board of Aker Maritime ASA. Aker Maritime's corporate assembly has elected new directors to take the place of Kjell Inge Røkke and Helge Lund who resigned as directors of Aker Maritime after being elected to the board of Kværner ASA. The election was in accordance with the election committee's recommendations.
Aker Solutions' subsidiary, Managed Pressure Operations, won a prize for its riser safety system at the Offshore Technology Conference in Houston. The Aker Solutions unit won the Woelfel Best Mechanical Engineering Achievement Award for its Riser Safety System (RSS).
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of the vessel type that will bring ice management and pollution control in thick first year ice to a new level.
Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option to extend the contract for as many as 10 one-year
The U.K. operation of international oil services group Aker Solutions has announced the appointment of a new vice president to lead greenfield projects as the company looks to expand its capabilities in the sector. Bob Shaw’s appointment is the latest in a series of new senior management
Aker Solutions acquires managed pressure drilling specialist Managed Pressure Operations (MPO). Managed Pressure Operations International, Ltd. (MPO) is a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems
Aker Solutions, the international oil services provider, has been awarded a frame agreement with Statoil for the delivery of subsea operations and services on the Norwegian continental shelf. Subsea operations and services covers installation of subsea equipment, maintenance
Aker Solutions secures a NOK 650 million (GBP 70 million) contract with BP to help redevelop one of the largest oil fields in the UK sector. The Aberdeen operation of Aker Solutions will manufacture and supply all subsea controls equipment for the Quad 204 project
Aker Solutions signed a contract with ExxonMobil for the supply of subsea umbilicals for the Erha North phase two development in Nigeria. The Erha North phase two development is an extension of the existing Erha subsea system and infrastructure located approximately 97 kilometers offshore
Aker Solutions received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately $850 million (U.S.). The Moho Nord project
Aker Solutions has entered a frame agreement with Petrobras to provide subsea equipment for the oil company's deepwater pre-salt field developments in Brazil. The contract value is approximately $800 million (USD). The scope of work is for 60 well-sets with vertical subsea
Aker Arctic Technology to introduce the ‘Heavy Duty’ oblique icebreaker project for Arctic operations (Aker ARC 100 HD) at upcoming expo. With the awarding of drilling permits in the Arctic subject to increasing scrutiny, Aker Arctic Technology will be explaining the new concept
The Finnish Transport Agency signed a contract with Aker Arctic Technology Oy for design of a new icebreaker for the government. Aker Arctic in cooperation with ILS Oy will design the vessel and prepare the technical documents needed to hold tender for its construction in compliance with the
MAN Diesel & Turbo, Switzerland, signs to provide Norway's Statoil with new subsea compressor equipment & maintenance services. The Zurich-based MAN Diesel & Turbo Schweiz AG and Statoil have followed a joint subsea compressor qualification programme since 2005
"The slow start to 2013 is truly disappointing," says Øyvind Eriksen, Executive Chairman of Aker Solutions ASA. Aker Solutions decided to disclose preliminary information on its financial performance in the first three months of 2013 as the results so far considerably lag current
Aker ASA entered a TRS (Total Return Swap) agreement with exposure to 1,500,000 shares in Aker Solutions ASA. The expiration date of the TRS agreement is November 1, 2013 and the settlement price in the agreement is NOK 83.717325 share.