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.
Matson Signs Contract With Aker Philadelphia Shipyard For Two New "Aloha Class" Containerships, First Ship To Be Named The Daniel K. Inouye. Matson, Inc., a U.S. carrier in the Pacific, announced today that its subsidiary, Matson Navigation Company, Inc
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance and modifications work on the Statoil-operated
Aker ASA has engaged ABG Sundal Collier Norge ASA and Arctic Securities ASA to explore the opportunity to acquire approximately 16.5 million shares (roughly 6% of the share capital) in Aker Solutions ASA, but with the possibility for Aker ASA at its full discretion to increase or decrease the
On its capital markets day, Aker Solutions' Executive Chairman Øyvind Eriksen says: "While we will continue to build Aker Solutions, the focus on topline growth will be toned down and more attention will be paid to growing our profit and share price
Aker Solutions won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to deliver a drilling equipment package for the production platform at the Mariner oilfield in the U.K. North Sea. The parties agreed not to disclose the value of the order
Aker Solutions acquired UK specialist engineering company International Design Engineering And Services Ltd (I.D.E.A.S) to boost its asset integrity management services. Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that is designed to improve the quality and accuracy
Crowley Maritime Corporation announced today that it will continue to grow its fleet of petroleum vessels and enhance service to customers by contracting with Aker Philadelphia Shipyard Inc. (APSI) to build up to eight product tankers for delivery between 2015 and the end of 2017.
Aker Solutions won a contract from Statoil to conduct an extended concept study for the floater for the Johan Castberg oilfield development in the Barents Sea in northern Norway. The contract, worth NOK 250 million, includes options for further work.
Aker Solutions ASA second-quarter results 2013 show earnings, order intake down slightly, but little cause for concern on the horizon Financial highlights Aker Solutions generated revenue of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11
NCS Survey, an Acteon company, has been awarded a five-year contract with AKOFS Wayfarer AS, a Norwegian marine contractor, for the supply of positioning and survey services aboard the Aker Wayfarer. Since January 2011, NCS Survey has been aboard the vessel via a contract with Remotely
Jensen Maritime Consultants , Crowley Maritime's Seattle-based naval architecture and marine engineering company, has been awarded a new construction management contract for four new 330,000-barrel, Jones Act product tankers, being built by Aker Philadelphia Shipyard Inc.
Navis Engineering Oy and Aker Arctic Technology Inc. have signed a scientific and technical cooperation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels. The agreement was signed in St
Aker Solutions today agreed to sell its mooring and loading systems business to Cargotec for an enterprise value of NOK 1.4 billion, or about €180 million. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems
Aker Arctic Technology Inc and Navis Engineering Oy have signed an agreement on joint development of Dynamic Positioning systems for ice operation. The companies plan to jointly develop next-generation DP-system technology tailored for ice operation by utilizing their core know how and
Aker Solutions ASA publish their third-quarter results 2013 showing a fairly even performance in the group's sectors, but in subsea widening its profit margin to 10.9 percent from 8.7 percent a year earlier. Financial Highlights Sales were NOK 10