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License Agreement

Wärtsilä and Nuclep Sign License Agreement

Wärtsilä entered into license agreement with Brazilian company Nuclebras Equipamentos Pesados SA. The agreement grants Nuclep the right to manufacture certain types of Wärtsilä's most modern electronically controlled common rail two-stroke marine diesel engines between 50 and 68 cm bore size at their premises in Itaguai with a targeted annual output of six to ten engines. The first delivery of a Wärtsilä engine is scheduled for beginning of 2008. The Brazilian Government is investing in the rehabilitation of the national ship building industry and is discussing with Brazilian shipyards about the possibility of constructing vessels for international customers. This increased demand of the Brazilian shipbuilding industry for two-stroke engines has led to this agreement, enabling Nuclep to supply locally produced two-stroke engines of highest technical standard to the Brazilian shipyards for the upcoming shipbuilding projects. Nuclep will acquire technical assistance and training of personnel as well as marketing and production support from Wärtsilä.


Grants Licenses To Build Seven F&G Designs

Friede & Goldman, Ltd. announced that it has completed licensing contracts for the construction of four JU-2000E jackup rigs and for three ExD semi-submersible designs. These seven licensing agreements combined with their contract engineering projects bring F&G’s total contracts value to an all time high and enhances F&G’s reputation as the leader of independent conceptual design of mobile offshore drilling units. The licensing agreements to build four F&G designed JU-2000E jackup


Wärtsilä Extends License Agreement to Yichang Marine Diesel

Wärtsilä Switzerland Ltd and Yichang Marine Diesel Engine Plant (YMD) of Yichang, China, jointly signed an agreement in January 2007 to extend the existing license agreement for the manufacture and sale of Wärtsilä low-speed marine diesel engines. The new agreement enables YMD to deliver also certain types of low-speed engines designed and developed by Mitsubishi Heavy Industries Ltd, Japan. Wärtsilä Switzerland Ltd is fully owned by Wärtsilä Corporation, Finland


New License Management Tool for GHS Users

Areas of application for GHS NETplus include salvage and other specialized operations that require remote use of GHS software.    Prior to travel, a GHS license may be loaded onto a networked PC, disconnected from the network, and deployed off-site for a determined amount of time.  No more dongles or expiring keys to worry about with NETplus - the system automatically returns the checked-out license to the library on the due date so it's available for the next user.


Helwan Diesel, Steyr Motors Agreement

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Helwan Diesel Engine Company, Kairo, Egypt and Steyr Motors GmbH, Steyr Austria have signed a commercial license agreement for the production and distribution of Steyr four and six cylinder Monoblock diesel engines for applications such as stationary alternators, pump drive systems and commercial vehicles. (www.helwandiesel.com) (www.steyr-motors.com)


MHI to License KU Gas Engine Technologies to ZGPT of China

Photo: MHI

Mitsubishi Heavy Industries, Ltd. (MHI) concluded an agreement with ZGPT Diesel Heavy Industry Co., Ltd. (ZGPT), a Chinese manufacturer of stationary and marine engines, under which MHI will license its KU gas engine technologies to ZGPT. The move is targeted in the near term at seeking further penetration of the KU gas engines in the Chinese market as that market continues to mark robust growth, and beyond the near term at entering the local market for gas-fired distributed power generation


Intergraph and DNVS Software Sign Letter of Intent

Intergraph Corporation and Det Norske Veritas Software (DNVS) have signed a letter of intent to complete a software licensing and distribution agreement. The proposed five-year, multi-million dollar agreement includes collaboration by the two companies in the shipbuilding, offshore and plant design markets. Under terms of the letter of intent, DNVS will market and distribute Intergraph's next-generation shipbuilding design applications to the shipbuilding industry


Zhu Named President Wärtsilä China

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John Zhu has been appointed President of Wärtsilä China, Ltd. as of January 1, 2009. Zhu’s most recent appointment was as Country Manager for Eaton Truck & Bus Components in , a position he has held since 2005. Eaton Corporation is a diversified industrial manufacturer headquartered in the . Zhu has also held other managerial positions in the automotive industry and in the consultancy business, both in and in the .


MHI Licenses 3rd Chinese Company

Mitsubishi Heavy Industries, Ltd. (MHI) and Zhejiang Yungpu Heavy Machinery Co., Ltd. (YUNGPU) in China's Zhejiang Province agreed last December on licensing of the technology incorporated into the Mitsubishi-UE, MHI's low-speed marine diesel engines. The licensing became effective late last month. YUNGPU is the third Chinese company to be licensed Mitsubishi-UE engine technology. YUNGPU plans to complete manufacture and delivery of the first unit by the end of this year.


The Return of U.S. Underwater Services

Benford Capital Partners LLC and Coppermine Capital LLC  acquired the assets of Neptune Underwater Services (USA) LLC, the U.S. diving business of Neptune Marine Services Limited (“Neptune”), in a newly-formed entity, called U.S. Underwater Services LLC Benford Capital and Coppermine, in partnership with the Company’s management team, are acquiring the business for the second time, after selling it to Neptune in 2007. The name U.S


EMGS - agreement with Nalcor Energy for 3D multi-client EM survey

EMGS Galatea

  EMGS has signed a multi-client license agreement with Nalcor Energy, the Provincial Energy Corporation of Newfoundland and Labrador, for the acquisition of up to 13,500 square kilometers, in a multi-season campaign. The CSEM survey is expected to begin in June of this year and will


EMGS - New Contract In Norwegian Sea

Electromagnetic Geoservices ASA (EMGS), the marine EM market leader, has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea.   The survey is expected to commence in June, using the vessel BOA Thalassa.


EMGS Receives New contract From Tullow Oil

BOA Thalassa

  Electromagnetic Geoservices ASA (EMGS) has received a signed contract from Tullow Oil Norge AS worth USD 7.7 million for 3D EM data acquisition in the northern part of the North Sea. "We are delighted to work with Tullow again, and also


Rosneft Starts Geological Exploration In Barents, Pechora Sea

Courtesy Rosneft

  Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky


Innocap Set to Recover Ancient Shipwreck

Innocap, Inc. has received an agreement with a company based in the Republic of the Philippines under which Innocap agrees to organize, plan and supervise then will begin recovery efforts of a shipwreck located off the coast of the Philippines


New FORAN Academic License Agreements in Japan

Concluded FORAN Academic License Agreement with Hiroshima University. SENER concluded FORAN Academic License Agreement with Hiroshima University on February 15, 2013. Hiroshima University is the first licensee who introduced FORAN Academic License in Japan


Ocean Power and Mitsui to Commercialize PowerBuoy

PowerBuoy (Photo: OPT)

Ocean Power Technologies, Inc. (OPT) and Mitsui Engineering & Shipbuilding Co., Ltd. (MES) announced that they have signed a new agreement to cooperate in the development and commercialization of OPT's PowerBuoy technology. Building on the successful work previously done together by the


Fairbanks Morse Engine and Achates Power Team Up

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Manufacturer of opposed-piston engines Fairbanks Morse Engine, an EnPro Industries company, signed a joint development and licensing agreement with Achates Power, Inc. —an innovator of improved internal combustion engines that are clean


Lime Petroleum Receives Approval for Acquisition

Rex International Holding said its 65% indirectly owned subsidiary, Lime Petroleum Norway AS, has received approval from the Norwegian Ministry of Petroleum and Energy for the acquisition of 10% interest in each of the two offshore licenses, PL 707 and PL 708, from North Energy ASA


Japanese Fleet ECDIS Contract for Cornes-MARIS Alliance

ECDIS Training: Photo credit MARIS

Norwegian maritime electronics specialist MARIS and Japanese high-tech firm Cornes & Co., Ltd. say they have won their first contract to deliver ECDIS equipment for the entire vessel fleet controlled by an unspecified Tokyo-based ship management company.


GE to Supply DP for Cylindrical Accommodation Vessel

GE’s Power Conversion business has won a contract for the supply of dynamic positioning (DP) for a vessel Floating Accommodation Unit that Cosco (Nantong) Shipyard in Nantong City, China, is building for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner


Shanghai Jiao Tong University Receives FORAN License

Seated, from left: Alfonso Cebollero (SIS Chief Regional Officer, North Asia) and Dr. Yanping He (SJTU Director of Design & Research Institute of Ship and Ocean Engineering); standing, from left: Xinlin Zhou (SSS Consultant), Songshan Hu (SSS Consultant), Min Wu (SSS Sales Manager), Dr. Guangwu Liu (SIS Country Manager, China), Dr. Long Yu (SJTU Professor) y Dr. Ya Dong Liu (SJTU Professor) during the signing ceremony at the stand of SENER in Marintec 2013.

The signing ceremony of the Academic License Agreement between SENER Ingeniería y Sistemas S.A. (SIS) and Shanghai Jiao Tong University (SJTU) was held on December 4, in the frame of Marintec 2013 international exhibition held at the Shanghai New International Exhibition Center.


The Monterey Bay - A Leader in the Blue Economy

California’s blue economy is a +$50 billion industry. Today, marine science and the blue economy directly affect various business and government sectors such as offshore oil and gas production, national defense, seafloor exploration, communications, agriculture production, renewable energy


Mexican Navy Orders another Damen Patrol Boat

Photo: Damen

The Mexican Navy and Damen Shipyards Group signed another contract for a license, material package and technical assistance of a Damen Stan Patrol 4207. The agreement also includes crew training in the Netherlands. As all five previous vessels


Rolls Royce Sells Energy Gas Turbine Business To Siemens

Rolls Royce

  Britain's Rolls-Royce Plc said it would sell its energy gas turbine and compressor business to German conglomerate Siemens AG for 785 million pounds($1.33 billion). Rolls, whose energy gas turbine and compressor business has around 2,400 employees






 
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