Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is $209.5m, with an additional maximum sum of $60m to be paid based on the performance of the business over the next three years. In 2007, Vik-Sandvik's turnover was $87m and the profitability is on a very good level. The number of employees is 410. The role of ship design is becoming more and more important due to higher performance requirements, more sophisticated systems, and increased integration onboard most vessels. Also, the environmental and emission regulations regarding NOx and CO2 are becoming increasingly stringent. Through this acquisition, Wärtsilä can offer competitive solutions that will lead to better total efficiency, improved environmental performance, and reduced life cycle costs for its customers. Vik-Sandvik will be integrated into Wärtsilä Ship Design within Ship Power. All personnel - including the management - will continue as Wärtsilä employees. The acquisition is subject to relevant regulatory approvals, which are expected during the third quarter of 2008. Vik-Sandvik specializes in the design of high-end offshore vessels, as well as product and chemical tankers and more specialized vessels
Paramarine software, developed by QinetiQ GRC, has been selected by Rolls-Royce who is broadening its ship design capabilities. Paramarine will be Rolls-Royce’s marine design software tool of choice in support of their newly formed team dedicated to the development of naval ship designs. Rolls-Royce has been at the forefront of innovative ship design for nearly 40 years, designing over 800 vessels, used mainly in the commercial sector
Intergraph Corporation announced that Keppel FELS has chosen to broaden its implementation of Intergraph's software technologies. Keppel FELS will deploy Intergraph's integrated solution suite for ship design, assembly and modeling in Singapore as well as in other engineering centers globally. Intergraph's Process, Power and Marine technologies provide ship design and engineering support including design and assembly, materials planning and procurement, and information management
Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is $169.9m, with an additional maximum sum of $48.9m to be paid based on the performance of the business over the next three years. In 2007, Vik-Sandvik’s turnover was $70.8 millions and the profitability is on a very good level. The number of employees is 410.
Keel Marine selects Paramarine as their ship design software platform. Paramarine advanced marine design software, developed by QinetiQ GRC, has been selected by Keel Marine to replace their in-house developed ship design software. For nearly fifty years Keel Marine, who are based in the UK, has delivered naval architecture and marine engineering services globally to an impressive range of commercial and government entities.
ClassNK Releases World’s First Harmonized CSR Compliant Ship Design Support Software. Classification society ClassNK (Chairman and President: Noboru Ueda) has announced the release of a new version of its PrimeShip-HULL (HCSR) ship design support software that is fully compliant with the new IACS Common Structural Rules (harmonized CSR) for oil tankers and bulk carriers. The new ship design support software is the first in the world to fully support the new
Graig Shipping Plc has opened a new facility in Shanghai, China, to provide a centre of excellence for ship design, newbuilding supervision, shiprepair and classification. "Chinese ship yards have enormous potential," says Hugh Williams, CEO of Graig. "This facility will help owners to get the very best from China. Under one roof we now have Graig Ship Management, which provides the highest quality newbuilding supervision services, Graig Carl Bro Ship Design
Technical papers on a wide range of ship design and production topics will be presented during the Society of Naval Architects and Engineers (SNAME) Annual Meeting and Expo, October 21-23 at the Rhode Island Convention Center in Providence, Rhode Island. Early registration discounts of up to $200 are available until September 23. Abstracts of all 2009 technical papers can be viewed at: www.snameexpo.com/2009/conference/SessionPapers.asp
Wärtsilä will supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in the Republic of Korea. The owner and operator of the vessels is a joint venture formed between France-based energy industry company, Technip and the Brazilian oil & gas industry company
Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Mr. Benedict P. Capuco as Chief Naval Architect. In this role, Capuco will provide corporate leadership to the company's naval architecture and marine engineering capabilities and solutions across the Gibbs & Cox global portfolio. Prior to this appointment, Capuco served as Vice President and Group Manager of the Platform Solutions Group of Gibbs & Cox
Maersk Supply Service orders Rolls-Royce’s new Anchor Recovery Frames for newbuild anchor handlers Maersk Supply Service has exercised an option to add Rolls-Royce’s new Anchor Recovery Frames (ARF) to the supply contract awarded in December for deck machinery for six anchor
The 14th International Conference on Computer and IT Applications in the Maritime Industries (COMPIT) will take place from 11th to 13th May 2015 in Ulrichshusen, Germany. First held in the year 2000, COMPIT has established itself as a key conference in information technology (IT) for the
Viking Neptun was delivered from Kleven Verft to Eidesvik on February 17, and the naming ceremony was held in Stavanger on February 28. The vessel’s Godmother, Patricia Pilenko, broke the champagne bottle on Viking Neptun, which will now start operating on charter for Technip in the North
Her Majesty The Queen, accompanied by His Royal Highness The Duke of Edinburgh, will name the new P&O Cruises vessel Britannia in Southampton on March 10, 2015, P&O Cruises announced. The naming will be a milestone in British maritime history and will be an event of great national
The keel for the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corp.’s liner services group was laid during a ceremony at ship-builder VT Halter Marine, Inc.’s facility in Pascagoula, Miss.
Evergreen Group signed time charter agreements with Shoei Kisen Kaisha, Ltd. (Shoei) to charter a total of 11 18,000 TEU vessels, which include the six units of the same capacity announced by Evergreen Marine Corp. (EMC) and its subsidiary last December
“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the registry
SSI has today released ShipConstructor 2015 R2.1 software. The software release comes in response to emerging ship design, engineering and building trends as identified by SSI’s Client Council of industry leaders. The advisors on this software launch were representatives
ClassNK granted type approval to the new 28AHX-DF dual-fuel engine built by Niigata Power Systems Co., Ltd. Whilst the adoption of emerging maritime technologies can prove challenging due in part to the time required to gain approval
The International Maritime Organization (IMO) has introduced new requirements for the fire protection of on-deck cargo areas. The new requirements, which will be added to SOLAS regulation II-2/10, apply to all ships designed to carry containers that are constructed on or after January 1, 2016.
ClassNK announced the release of Ver. 2.0.0 of its PrimeShip-HULL(HCSR) ship design support software. The new version is reportedly the world’s first software system to fully reflect all rule amendments of the IACS Common Structural Rules (harmonized CSR) adopted in December 2014.
On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s PX121 design being built for Otto Offshore Limited. The shipbuilding contracts at Wuchang were announced in August
Holland Shipyards has selected SSI's ShipConstructor software for its new shipbuilding activities. Holland Shipyard undertakes newbuilding, repair and conversion of small and medium-sized vessels. Florian den Besten, Naval Architect with Holland Shipyards
German line Hapag-Lloyd Cruises said the number of English-speaking guests on its newest ship, Europa 2, increased 230% in 2014. The company, which operates four ships in Germany, Austria, and Switzerland, also recorded a 52% in the number of international guest across its whole fleet
An agreement has been reached between Wärtsilä and Cryonorm Systems BV, the Netherlands based developer and supplier of cryogenic vaporizers, to form a consortium to deliver LNG systems for the Inland Waterway (IWW) European market.