Longship Orders Four Vessels from Atlas Shipyard
Groningen-based shipping company Longship said it has ordered a series of four "ultra-low" emission 8,600 TDW vessels from Atlas Shipyard in Turkey, with the first unit to be delivered in spring 2024Based on a new ship design developed by Longship with Dutch naval architect Ankerbeer BV, the vessles will reduce emissions and be compliant with the EU Stage V standards applicable to non-road mobile machinery (NRMM). The hull design and diesel-electric propulsion system delivers an ultra-low fuel consumption by using two low revolution engines.According to the companies…
Tech Majors Join Forces for Smart Port
The terminal automation and energy-efficient cargo handling services provider Kalmar and Finnish operator Ukkoverkot have signed a two-year co-operation agreement with Nokia for the design, construction and operation of a private LTE network for Kalmar.Nokia brings the digital automation platform that is well suited for mobile machinery and industrial Internet of Things.A test network reflecting an actual terminal environment will be built for research and development purposes. Machine-to-machine communication will be tested in the new private 4G/LTE (Long Term Evolution) environment and compared against previous wireless technologies with the focus on developing innovative business applications.
ZF Acquires Bosch Rexroth Industrial Gears Arm
Following the go-ahead from antitrust authorities, on December 1, 2015 ZF has officially taken over the industrial gears and wind turbine gearbox business from Bosch Rexroth AG. With this, some 1,200 employees altogether at the Witten, Beijing and Lake Zurich (USA) locations will thus join the technology company. The purchase price has not been disclosed. For ZF, the acquisition is an entry into the business with large industrial gears that are used in oil rigs, mine vehicles, tunnel drilling machines, or cableways, for instance.
DEUTZ Presents Q1 Results
The 2011 first-quarter results show that Cologne-based engine manufacturer DEUTZ has continued its positive business performance of the past twelve months. Operating profit of €18.2 million (EBIT before one-off items) sends a strong signal that the company is on an upwards trajectory this year. In the first quarter of 2010, DEUTZ had reported an operating profit of just €0.7 million. For the first time in three years, the company was also able to report positive net income for the first quarter -traditionally a subdued period.
