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

Shipbuilding

Austal Delivers Fourth JHSV to the US Navy

The U.S. Navy accepted delivery of USNS Fall River (JHSV 4) from Austal USA yesterday, a week shy of six months from the date they took delivery of JHSV 3. This

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Survey Vessel Delivered to Fugro N.V.

Fugro Pioneer is the second of three vessels to be delivered to Fugro in 2014. Fugro has taken delivery of the second of the three Fugro Offshore Coastal Survey

Offshore

Cat, Deltamarin Develop Modular FPSO Power Unit

Caterpillar Launches New Modular Solution Developed with Deltamarin for FPSO and Offshore Platform Main Power at 2014 Rio Oil & Gas Expo and Conference Caterpillar

Technip Further Optimizes its Subsea Assets

Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology

InterMoor UK Completes 2,300 Accident-free Projects

InterMoor UK Operations, part of Acteon’s foundations and moorings business, says it has completed seven years and more than 2,300 projects without a single lost-time incident (LTI).

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2261 sec (4 req/sec)