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Odense Steel Shipyard Group News

02 Oct 2007

Intergraph SmartMarine 3D Design Software

Samsung Heavy Industries – LNG Carrier design using SmartMarine 3D. This image was voted the “Best of Show” for the Golden Valve Awards at the Intergraph 2007 conference. Intergraph last month introduced SmartMarine 3D, its next-generation software designed to streamline design processes, resulting in lower costs and faster delivery for the shipbuilding and offshore industries. The announcement was made in conjunction with the 13th International Conference on Computer Applications in Shipbuilding , ICCAS 2007, in Portsmouth, U.K. According to the developer, SmartMarine – previously known as IntelliShip – offers improved modeling, detailing and manufacturing capability for offshore devices and ships for unrivaled productivity and user friendliness…

30 May 2007

Odense Steel Shipyard Ltd. sells Balti ES Ltd. to Cargotec Corporation

Odense Steel Shipyard Ltd. (Odense Staalskibsværft A/S) announces the sale of Balti ES Ltd., a manufacturer of metal components based in Narva, Estonia, to Cargotec Corporation, Finland. The final company transfer is expected to take place within 1-2 months. Following the closure of Maersk Container Industri´s production facilities in Tinglev, Denmark the strategic importance of Balti ES for the Odense Steel Shipyard Group has been reduced. Balti ES functions as a separate unit and today sells most of its production capacity to companies outside the A.P. Moller - Maersk Group. Balti ES was acquired by the Odense Steel Shipyard Group in 1997, and currently employs approximately 600 people. The two parties have agreed not to disclose the purchase price.