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
A patent pending movable deck lifter, TTS Intelligent Movable Deck Lifter (IMDL), developed by TTS aims to help reduce waste volumes onboard PCTC vessels (Pure Car Truck Carriers) due to new and improved technique. A traditional deck lifter has a centered contact point
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” Polaris - World’s First LNG-Powered Icebreaker
With more and more ships navigating in polar waters, IMO has moved to address international concern about the protection of the polar environment and the safety of seafarers and passengers with the introduction of new regulations that all ships operating in these harsh and challenging waters must
The Standard Club introduced the International Code for Ships Operating in Polar Waters (‘Polar Code’) as well as Safety of Life at Sea (SOLAS) amendments which were adopted in November 2014, in addition to environmental provisions and MARPOL amendments which were adopted in May
Lloyd’s Register (LR) hosted the world’s first workshop on full scale hydrodynamic computer simulations at their Global Technology Center in Southampton last month. Ship designers from around the world came together with the aim of building confidence in the accuracy of ship scale
Danish ferry operator Mols-Linien has ordered a new passenger ferry from the Rauma Marine Constructions yard in Rauma, Finland. Rolls-Royce will provide the main propellers and propulsion control system to the new ship, which is planned to operate between mainland Denmark and the island of Bornholm
On Saturday, December 17, General Dynamics NASSCO christened the Liberty, the third ECO Class tanker under contract with customer SEA-Vista LLC. Mrs. Debora Denning, wife of SEACOR vice president Tom Denning, christened the ship with the traditional break of a champagne bottle on the side of
In order to support the Indian shipping industry, the Government of India has exempted Customs and Excise Duty leviable on bunker fuels used in Indian flag vessels for transportation of mix of EXIM, domestic and empty containers between two or more ports in India.
Norway’s Kleven has delivered a 116 m superyacht to its owner, Graeme Hart. The vessel left Kleven Verft in Ulsteinvik, Norway this weekend, heading for Germany, where the final completion of the vessel is to be carried out by mid 2017.
The Royal Institution of Naval Architects (RINA) has elected John Hatley PE, Vice President, Americas, and Director of Market Shaping, Wärtsilä Marine Solutions, as a Fellow of the institution. Candidates for election as a Fellow (FRINA) must have demonstrated exceptional
Hae-Jun Ji and his team of other sophomores and juniors at the Naval Architecture and Ocean Systems Engineering department of the Busan-based Korea Maritime and Ocean University (KMOU) won the first prize in the 25th National Ship Design Contest for University Students organized by the Society of
On November 11 the first vessel of the new ECO STAR 36k type, GasChem Beluga, was delivered to the owners Ocean Yield ASA in China. The design for this new type of vessel was developed under the lead of German ship owner Hartmann Reederei together with its long-term partners HB Hunte Engineering
GE Aviation’s marine gas turbine business signed a multilateral memorandum of understanding (MOU) to cooperate in the joint development of LPG-fueled ferry design. The ferry will feature GE’s compact and lightweight Combined Gas Turbine
Rolls-Royce and VTT Technical Research Center of Finland Ltd have announced a strategic partnership to design, test and validate the first generation of remote and autonomous ships. The new partnership will combine and integrate the two company’s unique expertise to make such vessels a
Huntington Ingalls Industries (HII) said it plans to establish a permanent presence in Australia by opening an office in Canberra. “Establishing a permanent presence in Australia demonstrates HII’s commitment to supporting Australia and the U.S