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Marine And Industrial Applications News

12 Feb 2024

Euronav to Buy CMB.TECH for $1.15 Billion

(Credit: Euronav)

Belgian tanker operator Euronav and its controlling shareholder CMB have entered into a share purchase agreement for the acquisition of 100% of the shares in cleantech maritime group CMB.TECH for $1.15 billion in cash.Euronav said the transaction is part of its renewed strategy of diversification, decarbonization and accelerated optimization of the its current crude oil tanker fleet, driven by CMB.TECHā€™s ā€˜future-proofā€™ fleet of 106 low carbon vessels, of which 46 are under construction.CMB.TECH buildsā€¦

05 Jun 2023

Amogy Increases Series B Round to $150 Million

(Photo: Amogy)

Brooklyn, N.Y. based startup Amogy on Monday announced it has raised more funds to help it commercialize and begin manufacturing its emissions-free ammonia-to-power technology for marine and industrial applications. The company aims to bring its first product to market in 2024.Amogy said its Series B-2 fundraising was joined by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine, raising $11 million. This concludesā€¦

31 Jan 2023

Planning Starts on Series of 10 Ammonia Fueled Bulk Carriers

Bulk carrier CMB powered by ammonia.  Image courtesy WinGD/CMB.TECH

WinGD and CMB.TECH announced plans to collaborate on a fleet of ammonia fuelled bulk carriers. The pair signed an agreement on the development of ammonia-fuelled two-stroke engines, aiming to install the ammonia dual-fuel X72DF engine on a series of ten x 210,000 DWT bulk carriers to be built at a Chinese shipyard in 2025 and 2026.CMB.TECH will support WinGD in establishing its ammonia-fuelled engine concept for a large bore engine. CMB.TECH has significant insight into alternative fuels and buildsā€¦

06 Oct 2022

Volvo Penta and CMB.TECH Partner on Dual-fuel Hydrogen Engines

(Photo: Volvo Penta)

Volvo Penta and CMB.TECH announced they are working together to accelerate the development of dual-fuel hydrogen-powered solutions for both on land and at sea applications.CMB.TECH owns, operates, and designs large marine and industrial applications powered by hydrogen and ammonia ā€“ fuels that it both manufactures and supplies to its customers. Volvo Penta is a manufacturer of engines and complete power systems for boats, vessels and industrial applications. The companies haveā€¦

09 Dec 2021

Volvo Penta, Danfoss Power Solutions Partner on Marine Electrification

Volvo Penta and Danfossā€™ Editron division have signed a partnership agreement that will drive the transformation towards sustainable power solutions within the marine industry. Photo courtesy Volvo Penta

Volvo Penta and Danfossā€™ Editron division have signed a partnership agreement that will drive the transformation towards sustainable power solutions within the marine industry.Volvo Penta and Danfoss' Editron division announced a partnership agreement to take the industryā€™s electromobility development to the 'next level.'ā€œWeā€™re excited to officially join forces with Volvo Penta,ā€ says Kimmo Rauma, vice president of Danfossā€™ Editron division. ā€œUltimately, we want to create a sustainable solution and find the ideal fit for the market.

04 Jun 2019

MAN Wins Order for Battery-Hybrid Dual-Fuel System

The MAN 35/44DF engine (Photo: MAN Energy Solutions)

The Damen Gorinchem Holland shipyard has ordered a hybrid-propulsion solution from MAN Energy Solutions in connection with the building of 2 × dual-fuel/hybrid RoRo ferries for Canadian outfit, Seaspan Ferries Corporation. The order covers the provision of MAN 35/44DF dual-fuel engines, fuel gas-supply systems and the main electric systems, including batteries.MAN Energy Solutions will provide the solutions in association with Aspin Kemp & Associates (AKA), in which it has a 40% stake.

20 May 2019

MAN Powers LNG-powered Ferry Newbuild

Photo: Man Energy Solutions

The Jinling Shipyard in China has ordered 4 × MAN 51/60DF engines in connection with the building of 1 + 1 × 230-meter-long RoPax vessels for TT-Line, the German ferry operator. The vessel will feature a complete MAN propulsion package, besides the engines, including propellers, a fuel-gas-supply system (FGSS), and HyProp ECO ā€“ MANā€™s innovative, fuel-saving, hybrid propulsion system.The newbuilding is based on TT-Lineā€™s ā€˜Green Shipā€™ design, developed in collaboration with Copenhagen-based designerā€¦

06 Jun 2018

Globecomm Boosts Presence in Greece and Cyprus

Left to Right: Rea Papadopoulos, Eleftherios Papadopoulos and Malcolm McMaster (Photo: Globecomm)

Maritime connectivity services provider Globecomm has appointed J&E Papadopoulos as its new representative to the Greece and Cyprus shipping markets.J&E Papadopoulos will provide sales and marketing services locally as well as pre- and post-sales support, installation, commissioning and technical services for Globecomm Maritime products in the region.Established in Piraeus in 1968, J&E Papadopoulos SA is a distributor of marine spare parts, representing numerous European and U.S.

25 May 2018

R.W. Fernstrum Achieves ISO 9001:2015 Certification

Photo: R.W. Fernstrum

R.W. Fernstrum & Company, a leading manufacturer in marine heat exchangers, received ISO 9001:2015 certification following an audit performed by Verisys Registrars in May. The scope of Fernstrum's registration includes the engineering, design, manufacturing, and sales of heat exchangers for marine and industrial applications. Published by the International Organization for Standardization, ISO 9001:2015 is an internationally recognized quality management system based on a setā€¦

09 May 2017

GE Gas Turbines Power Japanese Destroyer

Photo: GE Marine Solutions

GE's Marine Solutions reports that the Japan Maritime Self Defense Force (JMSDF) commissioned its second Izumo-class helicopter-carrying destroyer. The new JS Kaga (DDH 184) is powered by four GE LM2500 marine gas turbines, and was commissioned at the Japan Marine United Corporation shipyard in Yokohama on March 22, 2017. First-in-class JS Izumo (DDH 183) and JS Kaga are the largest surface combatants in the JMSDF fleet. Both feature a powerful and reliable combined diesel and LM2500 gas turbine propulsion system, with the gas turbines using GEā€™s integrated electronic controls.

15 Jul 2016

LM2500 Gas Turbine Powers Turkish Navy's MILGEM Corvette

GEā€™s Marine Solutions announced that the Turkish Navyā€™s third MILGEM multi-purpose corvette TCG Burgazada was launched powered by a GE LM2500 gas turbine-based propulsion system. The launch ceremony was held in mid-June at the Istanbul Naval Shipyard; a keel laying ceremony was also held for sister MILGEM ship TCG Kınalıada. The propulsion system for TCG Burgazada (F-513) is the same as sisters TCG Heybeliada (F-511) and TCG Büyükada (F-512), consisting of an LM2500 gas turbine in a combined diesel and gas turbine configuration with two diesel engines. Total propulsion power is 31,000 kilowatts, allowing the ships to reach maximum speed in excess of 29 knots. The corvettes have an overall length of 99 meters with a displacement of 2,300 tons.

03 May 2016

GE Gas Turbines for Japan's New Warship

Photo courtesy of GE Marine

GE's Marine Solutions announced it will provide IHI, Tokyo, Japan, with two LM2500 aeroderivative marine gas turbines for the Japan Maritime Self Defense Force's (JMSDF) new 8,200-ton class Aegis destroyer. ā€œGE's LM family of gas turbines are already part of numerous JMSDF ships, most recently the Izumo-class DDH helicopter carriers and 5,000-ton class destroyer programs,ā€ said Brien Bolsinger, Vice President, Marine Operations, GE, Evendale, Ohio. ā€œBy using our marine gas turbines, the JMSDF benefits from long term support, operational efficiency and commonality within their fleet.

03 Mar 2016

GE Gas Turbine to Power Italian Navy Patrol Ship

Photo: GE Marine Solution

GEā€™s Marine Solutions announced it will provide a LM2500+G4 gas turbine that will power the Italian Navyā€™s new Pattugliatori Polivalenti dā€™Altura (PPA) multipurpose offshore patrol ship. The PPAā€™s hybrid electric propulsion system also will use GEā€™s shock-proof MV3000 drives and a GE-designed electrical network of motors as part of the propulsion system. Avio Aero, a GE Aviation business headquartered in Italy, will have the design responsibility for the gas turbine package. The PPA ship will be built by Fincantieri at its Integrated Shipyard of Riva Trigoso and Muggiano.

09 Sep 2015

The Switch Opens Headquarters in Helsinki

Photo: The Switch

The Switch, a supplier of megawatt-class electrical drives for wind energy, marine and industrial applications, has opened its new global headquarters in Helsinki. According to Jukka-Pekka Mäkinen, President and CEO of The Switch, the primary motivation behind the location change is to be located in the center of Helsinki, making meetings with partners, clients and suppliers more convenient. Mäkinen called the new office an investment in the company's future, adding that The Switch has plans for further expansion.

01 Jun 2015

GE Gas Turbines for Japanā€™s New Destroyer

Image: GE

GE Marine will provide IHI, Tokyo, Japan, with two LM2500 aeroderivative marine gas turbines for the Japanese Maritime Self Defense Forceā€™s (JMSDF) new 26DD destroyer. ā€œGE gas turbines already are part of numerous JMSDF ship classes, most recently the 22DDH, which is already commissioned, and the 24DDH, which is now under construction,ā€ said Brien Bolsinger, Vice President Marine Operations, GE Marine, Evendale, Ohio. ā€œAs with previous contracts, IHI will handle in-country design, manufacture and testing of the LM2500 propulsion modules for the 26DD program.

28 Apr 2015

Rolls-Royce to Sell Michell Bearing Business

Rolls-Royce has today confirmed its intention to sell its Michell Bearings business to British Engines Limited for a cash consideration of £12.6m. Subject to licence consents, the sale will be completed in the autumn. Michell Bearings has been part of the Rolls-Royce Marine business for the past 15 years and is a premium designer and manufacturer of hydrodynamic bearings for a wide range of marine and industrial applications. Michell Bearings consists of a business based in the UK, located in Newcastle-upon-Tyne, and a 51% shareholding in Michell Bearings (India) Pvt Ltd, a non-wholly owned subsidiary company based in Bangalore. Mikael Makinenā€¦

03 Jul 2014

The Switch to Be Acquired by Yaskawa

Image courtesy of The Switch

Yaskawa Electric Corporation, a company in motion control and robotics, today announced that it has signed a definitive agreement to acquire The Switch, a supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications. The estimated schedule for closing the deal is within a few weeks. The Switch brand will continue as its own entity for selected markets and applications. The Japan-based Yaskawa System Engineering Division has been focusing on growing its market share in renewableā€¦

19 Apr 2013

Danfoss Offers Online Ordering

Danfoss MBC 5100 Block Pressure Switch

Danfoss announced Peerless Electronics, Inc. will now offer Danfoss pressure transmitters and pressure and temperature switches for marine and marine-related industries on its website. The addition of the following four families of Danfoss products to Peerless Electronicsā€™ online store will help to simplify and streamline purchases by customers throughout the United States. ā€¢Danfoss MBS 5100 Series Block Pressure Transmitter ā€“ The ship-approved, high accuracy MBS 5100 pressure transmitter is designed for use in almost all marine applicationsā€¦

04 Apr 2013

GE to Provide IHI with LM2500 and LM500 Gas Turbines

LM500

GE Marine announced that it will provide IHI, Tokyo, Japan, with LM2500 and LM500 gas turbines for the Japanese Maritime Self Defense Forceā€™s (JMSDF) new 24DDH destroyer. The GE LM2500 gas turbines will be equipped with integrated electronic controls. ā€œGE gas turbines already are part of the JMSDFā€™s 22DDH program. We are delighted to continue our long-standing partnership with IHI and the JMSDF for the 24DDH follow-on program,ā€ said Brien Bolsinger, vice president, marine operations, GE Marine, Evendale, Ohio.

21 Dec 2011

Ingemanson New President of Volvo Penta

Björn Ingemanson, 53, has been appointed new President of Volvo Penta. Ingemanson is currently President of Volvo Trucksā€™ International Division and will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson, who will retire next year. Ingemanson has a long history at the Volvo Group and his past positions include CFO of Volvo Trucks and European head of the Groupā€™s customer financing company, Volvo Financial Services. Volvo Pentaā€™s current President Göran Gummeson, who turns 65 in February, will remain as President until March 31, 2012.

06 Mar 2012

Wärtsilä Takes Over Singapore Company

Wärtsilä has signed a contract to acquire the assets and business of MMI Boiler Management Pte Ltd., the Singapore-based company specialising in the service and maintenance of boilers for marine and industrial applications. MMI Boiler Management has its main operations in Singapore and coverage throughout Southeast Asia and the Pacific region.MMI Boiler Management has a strong market position in Southeast Asia and the Pacific region, particularly within the offshore segment. The company's activities include the service, maintenance, repair and installation of boilers, for both marine and land-based customers. MMI Boiler Managementā€™s net sales were approximately EUR 5.3 million in 2011, and the company currently has 138 employees.

13 Sep 2012

Volvo Acquires a Quarter Holding in Deutz

AB Volvo finalizes acquisition of shares in Deutz AG to increase its shareholding in Deutz AG from 6.7% to just over 25%. In total, AB Volvo has acquired 22,117,693 shares from Same Deutz-Fahr Group for an amount of EUR 130 million. The transaction makes AB Volvo the largest shareholder in Deutz AG. Deutz AG has been a strategic supplier of medium duty engines to the Volvo Group for more than a decade. Earlier this year, AB Volvo and Deutz AG signed a non-binding memorandum of understanding with the intention to explore the potential to extend the companiesā€™ long-term cooperation through joint development of the next generation of medium-duty engines for off-road applications.

25 Oct 2012

Volvo Penta Unveil New V8 Engine

Volvo Penta's poweful new V8-380 marine diesel engine debuts at Ft. Lauderdale International Boat Show. ā€œThis new-generation, high-performance engine has raised the bar for marine engines and follows a long history of innovation for Volvo Penta,ā€ said Ron Huibers, president of Volvo Penta Americas. ā€œThe amount of positive feedback from our customers and the recent 2012 Innovation Award establishes that we have a winner. ā€œNot only does this engine provide more power and use less fuel, it makes boating fun,ā€ said Marcia Kull, vice president marine sales Volvo Penta of the Americas. ā€œBoating provides a respite from the daily routine. Engine designation.................................... Propeller shaft power kW (hp).................. Max. engine speed, rpm............................