Business Area News

DNV appointed Jamie Burrows to head its Energy Systems business area’s Carbon Capture, Utilization, and Storage (CCUS) unit. The appointment comes as a response to growing demand from these fossil fuels-reliant industries to reduce their CO2 emissions, and aligns with DNV's recent studies, emphasizing the role of CCUS in future energy systems. Burrows, who joined DNV in 2021 as Head of Business Development for CCUS, brings over 20 years of experience in the engineering and energy industries.

Denmark, France, Germany, Sweden and the Netherlands have signed the Aalborg Declaration that aims at joint European cooperation on CO2 capture, use and storage (CCUS).CO2 capture, use and storage must be scaled up, both nationally and at European level, the countries agreed at the signing which occurred at the EU's CCUS Forum this week, hosted in Aalborg, Denmark."Today shows that there is European will, both among us decision-makers and among the industry - and with the Aalborg declaration we are moving closer to a common European market for CO2 capture, use and storage.

German shipbuilder Meyer Werft reports it has secured its first order within the growing offshore converter platform business.The Papenburg shipyard—part of the Meyer Group, known primarily for building cruise ships—will carry out the majority of the steel work for converter platforms for the DolWin4 and BorWin4 offshore connections as well as BalWin1 and BalWin2, all destined for the North Sea."This order is a milestone for us in our entry into the construction of converter platforms, which we will also build at Neptun Werft in Rostock in the future.

Danish shipping company A.P. Moller - Maersk announced it has signed an agreement with Norwegian energy company Equinor to secure supply of methanol for its new methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024.The agreement ensures methanol supply for the ship from its entry into operation on a loop from Northern Europe into the Baltic Sea after the name giving ceremony later this month in Copenhagen. The green methanol will be bunkered in Rotterdam.The 2…

Norway's HAV Group has completed the acquisition of Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels. The consideration for the purchase includes a non-material cash amount and 250,000 shares in HAV Group ASA, valued at NOK 14.0 per share."The technology acquisition is a strategic move that accelerates HAV Group's plans to offer digital functionality that meets the global maritime market's needs for autonomous ship operations," HAV Group said."We…

Shell Ventures and Idékapital have invested $90 million in Kongsberg Digital, a business area within Norway's KONGSBERG.The funding and new investors will support and accelerate the future growth and development of Kongsberg Digital. The investment values Kongsberg Digital at $540 million post-money, Kongsberg Digital said.Shell Ventures is the corporate venture capital arm of Shell that invests in innovative technology companies, business models and growth plays to further the…

Norway's HAV Group ASA has agreed to acquire Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels."The planned technology acquisition is a strategic move that accelerates HAV Group's plans to offer digital functionality that meets the global maritime market's needs for decision support tools and autonomous ship operations," HAV Group said.“HAV Group already provides digital decision support systems to vessels in order to cut operating expenditure and emissions to air.

DNV has appointed Anette Roll Richardsen as Director of its Cyber Security business in Norway.DNV said Roll Richardsen would lead a growing team of IT and operational technology security experts as the company rapidly scales to safeguard its customers from emerging cyber risks to critical infrastructure. "Named among Europe’s 50 Most Influential Women in Cybersecurity by SC Media, Roll Richardsen has a track record in leading expert teams in securing society from cyber threats.

Steerprop appointed Tom Ekegren as Arctic Segment Director. Ekegren, Master Mariner and Executive MBA, comes to Steerprop from icebreaker owner and operator Arctia Ltd. where he has held various top management roles since 2016, the most recent being the position of Global Chartering Sales and Operations Manager. He is a seasoned professional in icebreaking, Arctic, and offshore multi-purpose operations, bringing more than 25 years of experience to Steerprop’s already strong team of Arctic experts.In his new role as Arctic Segment Director…

WindServe Marine, a U.S. offshore wind support services company, has secured a loan from The Washington Trust Company, for the construction of three new 88-foot crew transfer vessels (CTV), recently commissioned by Ørsted, the largest offshore wind developer in the world. "Washington Trust was founded on the southwestern shoreline of Rhode Island and as a good corporate citizen, we are committed to protecting and preserving the local environment. Providing financing for alternative sources of energy that benefit this community aligns both with our business and sustainability benchmarks…

Since the ballast water management system discussion started nearly two decades ago, a clear concern was the ability to fit new equipment on existing ships, placing a strain on both space and power. Last month we caught up with a few key suppliers to for their insights on market development.How many BWMS have you sold and installed to date?Maxime Dedeurwaerder, BIO-UV GroupLast year has proven to be the best on record, with roughly 200 BIO-Sea units delivered. All told, since we entered the ballast water market, we have about 700 units in service or pending commissioning.

South Korea-based Techcross reported it has started off 2023 strong with its first order in a new business area.The company, widely known for its ballast water management systems (BWMS), in 2022 expanded its product lineup to include a tank level gauging systems (TLGS ) and valve remote control systems (VRCS). The company also rolled out an IBTV (Integrated BWMS/TLGS/VRCS), an IoT-applied control platform that can integrate all the equipment for optimal operation, and service…

Saab has signed an agreement with FMV on the life extension of two Koster-class mine countermeasures ships. The order value is SEK 350 million. The contract also includes options for FMV to order measures regarding the remaining three ships in the Koster-class. The total value of the options are SEK 270 million.The contract with FMV means that Saab will carry out life extensions of two Koster-class mine countermeasures ships. The modernization involves an exchange of systems for life extension and enhanced capabilities to ensure continued operability.

VARD, a Norwegian shipbuilding subsidiary of Italy's Fincantieri Group, announced Arnt Inge Gjerde has been appointed as the new yard director at Vard Brattvaag. Gjerde is also yard director at the nearby Vard Søviknes and is now leading both shipyards."We are very pleased that Arnt Inge has taken on the responsibility for the two yards in Sunnmøre. We know him as a solid leader with great credibility both among our employees and customers and we look forward to further developing our yards…

Scana reports that it has more than doubled revenues and EBITDA in the first quarter. Revenues increased by 126 percent to $21.2m (NOK 208 million) compared to the same period last year, while EBITDA was up 140 percent to $1.63m (NOK 16 million), with the acquisition of PSW Group being the main driver.“Scana have transitioned to a new company. The acquisition of PSW Group closed on 11 January 2022, and Scana now forms a driving force for the green shift in the ocean industries,” says Styrk Bekkenes, CEO of Scana.“Our ambition is to reach $173m (NOK 1.7 billion) in revenues in 2025.

Shipbuilder VARD announced it has secured a new contract for the design and construction of one stern trawler for Deutsche Fischfang-Union GmbH & Co. KG in Germany. The contract value  is in excess of  NOK 500 million.The stern trawler has been developed by VARD in close cooperation with Deutche Fischfang-Union (DFFU). The new vessel will be the first trawler of VARD’s own design sold to Germany.The VARD 8 03 trawler design is developed to meet the latest demands for fish health management, efficiency, and environmentally friendly operations.

Svanehøj said it has landed two major P&C pump orders in China, most recently securing a contract with GSI Shipyard on a total of 96 deepwell pumps for four new MR Tankers.Svanehøj has manufactured pump systems for P&C tankers for decades, but the segment is now becoming a significantly larger part of the business. The Danish specialist in deepwell pumps for marine and offshore has a target of increasing sales of P&C cargo pumps by 40% over the next three years and has just won its largest single P&C order since 2005.The customer is Guangzhou Shipyard International Company Limited (GSI)…

DNV will acquire industrial cyber security specialist Applied Risk, aiming to build the world’s largest industrial cyber security practice.Cyber threats to the maritime community is a large and growing problem, with the maritime industry experiencing a 400% increase in attempted attacks between February and June 2020, according to Naval Dome. As proven by well-publicized examples in recent years, recovery can cost hundreds of millions of dollars and can effectively shutter global operations for extended periods.In January 2021…

Through a complex operation to offload bulk salt, NORDEN is optimizing the supply chain for customer Empremar.At a chemical plant in California, 30,000 tonnes of salt is being offloaded from a bulk carrier onto a private terminal. The salt will be taken directly to the plant and used to make chlorine.This shipment is one of eight per year that NORDEN will make for Chilean salt miner Empremar. While NORDEN has been shipping salt to the US for Empremar for 20 years, this is the…

KR Hellas, a subsidiary of the Korean Register (KR) has been accredited as a quality management system (ISO 9001) certification body, by the Greek National Accreditation Body (ESYD).ISO 9001 is an international standard that stipulates the requirements of a quality management system applicable to all industrial fields and activities, and the certification is awarded by an independent third party to those organizations that meet the specified requirements.KR acts as a comprehensive certification body…

Berg Propulsion has signed a key supplier and cooperation agreement to provide systems integration capability for Yaskawa Environmental Energy / The Switch permanent magnet (PM) and power electronics products. The cooperation creates a new and combined force offering the robustness and efficiency of propulsion systems where electric motors directly drive the propeller shaft, consolidating Berg’s growing presence in electric propulsion.“This is the latest step in Berg’s strategy to become a fully-fledged electrical propulsion systems integrator,” said Stefan Sedersten, CEO, Berg Propulsion.

Lisa Edvardsen Haugan was appointed as the new President of Kongsberg Maritime, the largest business area of Kongsberg, replacing  Egil Haugsdal starting in November 2022.Edvardsen Haugan has long and extensive experience from both the defense and civil business area in Kongsberg Gruppen ASA (KONGSBERG), including having been EVP Finance at Kongsberg Maritime and Finance Director at Kongsberg Protech Systems. She currently heads the Deck Machinery & Motion Control division of Kongsberg Maritime.“Following a thorough process to recruit a new leader for Kongsberg Maritime…

Norwegian company Green Energy Group has agreed to sell its Petrel Explorer seismic survey vessel.The company, which last year rebranded to Green Energy Group from Seabird Exploration to reflect a strategic shift in business towards green energy transition, said Monday it had entered into a binding agreement to sell the Petrel Explorer to an undisclosed buyer for an undisclosed sum.The sale is expected to be completed in about four weeks and will see the vessel leave the offshore industry, Green Energy Group, whose offshore seismic business area maintains the SeaBird Exploration name and operates as a subsidiary, said."The sale of the non-strategic Petrel Explorer further strengthens the company's balance sheet and liquidity…