Germany's Nordic Yards Wins Innovation Award

MarineLink.com
Monday, July 08, 2013
Nordic Yard Warnemuende: Image credit Nordic

Nordic Yards receives Top 100 award from the Vienna University of Economics and Business at a Berlin ceremony.

At a ceremony for the Top 100 companies at the Axel Springer Passage centre in Berlin, journalist and TV host Ranga Yogeshwar presented Nordic Yards’ managing director Vitaly Yusufov with the Top 100 prize for innovation.

Nordic Yards is one of the companies whose innovative ideas are driving forward the shift to renewable energy. The shipyard group claims to be a world market leader for DC converter platforms – huge floating substations that convert alternating current produced by offshore wind farms into direct current for a lossless transmission to the mainland. Of the eight converter platforms currently under construction worldwide, four are being built in Wismar and Rostock- Warnemünde. Nordic Yards is a global market leader in the manufacture of these ninety metre high platforms, which weigh as much as 25 Airbus A380 aircrafts.

With about 1,150 employees, Nordic Yards designs and builds other specialised vessels, such as an installation ship for offshore wind turbines. This project, the so-called “Heavy Installer”, uses its onboard crane to install the turbines in waters up to 55 metres deep. It can simultaneously transport up to four pre-assembled wind turbines or foundations from the harbour to their offshore positions.

“We concentrate on high-tech and bespoke work rather than mass production,” says owner and managing director Dr. Vitaly Yusufov, who took over the almost 70 year old company in 2009. As a result, around 80 per cent of the company’s revenue and profit came from new products and technical improvements which they had brought to market during the past four years, always one step ahead of their competitors.

The Top 100 award is based on academic research into the firms under consideration conducted by Professor Nikolaus Franke and his team from the Institute for Entrepreneurship and Innovation at the Vienna University of Economics sand Business.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Samsung Heavy Takes Up 7 Container Ship Order

South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned.

China Shipyard Delivers Handymax Size Bulk Carrier

COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer. The Handymax bulker measures 189.

OSC Plans Fleet Expansion through 2018

State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report,

Offshore

Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger

Med Urals Market Awaits Short May Loading Schedule

Activity in the Russian Urals crude market froze on Tuesday as traders said they were awaiting the first loading dates for May for signs of how much supplies from

BOEM Proposes GoM Oil and Gas Lease Sale

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P.

Wind Power

Three NOAA scientists honored by White House

The White House yesterday awarded three NOAA scientists with Presidential Early Career Awards for Scientists and Engineers. The award is the highest honor given

Pioneering Tech for Offshore Wind Farm Maintenance

James Fisher Renewables pioneers trial of innovative Ship-to-Turbine Oil Change System James Fisher Renewables conducted an innovative trial of Ship-to-Turbine (STT),

Act Fast To Curb Global Warming, Or Extract CO2 From Air - UN

Faster action is needed to keep global warming to agreed limits and delays until 2030 could force reliance on technologies to    extract greenhouse gases from the air, a U.

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1832 sec (5 req/sec)