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
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.
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
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
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.
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
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
Saga Cruises has placed an order for a new cruise ship to be built by Meyer Werft in Germany with the delivery date of Summer 2019. The deal comes with an option for a second new ship to be delivered in 2021. The 55,900 gross ton vessels will span approximately 234 metres in
Construction of the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group is now 25 percent complete, the company announced.
A modern Aframax-sized tanker concept designed for transporting crude oil and oil product in the Arctic has been developed via collaboration between Deltamarin Ltd. and Aker Arctic Technology Inc. In creating the new tanker concept, Deltamarin said it drew upon its expertise in affordable
ABB informs it has ordered a cable-laying vessel from Kleven shipyard in Norway. The new ship, scheduled to be delivered in 2017, will be custom-built to ABB specifications and measure approximately 140 by 30 meters. “This next-generation vessel incorporating state-of-the-art ABB
Tackling the risks of polar operations and new challenges for future ship design Citing an increase of cruise operations in polar waters, naval architects and marine engineers OSK-ShipTech A/S has ventured into new strategic business areas addressing the challenges and needs of ship
A large container ship produced by Shanghai Waigaoqiao Shipbuilding Co., Ltd. was delivered to leading French container shipping group CMA CGM on Saturday in Shanghai, reports Xinhua. The vessel is named "Zheng He" after the famous ancient Chinese navigator
Specialized shipbuilder Keppel Singmarine Pte Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), says it is on track to deliver three ice-class vessels to Bumi Armada Offshore Holdings Ltd, a subsidiary of Bumi Armada Berhad in September.
Testing, inspection and certification firm Bureau Veritas announced it has finalized the acquisition of HydrOcean, a French engineering company specializing in hydrodynamic digital simulation for the maritime industry. HydrOcean was established in 2007 to provide design support for the
The Global Marine Technology Trends 2030 report released today indicates that: * Momentum and capability for a significant evolution in ship design and operation is now building – the report presents design scenarios for commercial ships in 2030
The Company: Elliott Bay Design Group (EBDG) is a Seattle-based, employee-owned enterprise with offices in New Orleans and Ketchikan that provides full-service naval architecture, marine engineering and production support to owners, operators and shipyards worldwide
SHIPFLOW 6 comes with a new module for computing ship motions in waves and the SHIPFLOW RANS solver is up to 10 times faster than its predecessor. SHIPFLOW MOTIONS is a new flow solver for computing ship motions in waves. It is a time accurate fully nonlinear boundary element method which
The shipbuilding company VARD Group AS in Norway has received an order from a Canadian company for a shrimp stern trawler to be designed and equipped by Rolls-Royce, whose portion of the deal is worth in excess of £6 million. The fishing vessel
The Maritime and Port Authority (MPA) clinched top honours at this year's Singapore Environmental Achievement Awards. MPA has won two of the three titles given to the sector, including the overall Outstanding Singapore Environmental Achievement Award
The keel for the second Commitment Class liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ship for Crowley Maritime Corp.’s liner services group was laid yesterday during a ceremony at shipbuilder VT Halter Marine, Inc
The Company: Amtech specializes in ship design integration and construction supervision dealing with new propulsion technologies, niche trades and operational efficiencies. Its South Korea office and staff have delivered over 250 ships and the U.S. offices are well versed in U.S