Outokumpu News

Finnish shipping company Langh Ship announced it has ordered three 7,800 dwt newbuild cargo ships from Wuhu Shipyard in China.The first vessel is expected to be delivered in summer 2023 followed by its two sisters soon thereafter.The vessels will operate in a regular service between Outokumpu’s steel mills in northern Finland and the Netherlands. The cargo holds will be equipped with tween decks for steel coil carriage, a special design by Langh Cargo Solutions.Langh Ship said it developed the vessel design in close cooperation with Outokumpu to make the ships as energy efficient…

Finland's 110 million-euro ($124.5 million) Manga liquefied natural gas import terminal has fully opened after a year-long delay to the project, engineering firm Wartsila and part-owner Gasum said on Tuesday.Manga, the largest LNG terminal in the Nordic region with storage capacity of 50,000 cubic metres, began receiving some shipments in November 2017, but is only now ready for full commercial operations after an additional year of tests.A Wartsila executive told Reuters the testing period had been prolonged due to some adjustments that the facility needed…

The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the Manga LNG terminal located in the Röyttä Harbor in Tornio, Finland. The commercial use of the Tornio import terminal begins this year, said a press release from Nordic gas company Gasum.The gas and fuel market of Northern Finland will diversify as the commercial use of the Tornio import terminal begins this year. Access to LNG is an important competitiveness factor for current industrial operators in the area as well as for the Port of Tornio. The terminal is intended to meet industrial as well as land and maritime transport needs.“LNG is excellently suited for use as a marine fuel as it's a great alternative to oil…

The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe, the energy company EPV Energy and the LNG company Skangas. LNG was shipped to the terminal by Coral Energy, a time-chartered LNG carrier operated by Skangas. Once completed in summer 2018, the import terminal will be the largest LNG terminal in the Nordic countries and the second LNG terminal in Finland. Northern Finland’s gas and fuel market will be diversified as a new fuel – LNG – enabling deliveries to industry…

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015. Manga LNG Oy is a joint venture of Outokumpu Group, Svenskt Stål AB (SSAB), Skangass and EPV Energy Ltd. Wärtsilä initially announced this project in January 2014. The order, valued at approximately EUR 100 million, will be included in Wärtsilä's order intake in December 2014.

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015. Manga LNG Oy is a joint venture of Outokumpu Group, Svenskt Stål AB (SSAB), Skangass and EPV Energy Ltd. Wärtsilä initially announced this project in January 2014. The order, valued at approximately EUR 100 million, will be included in Wärtsilä's order intake in December 2014. The turnkey delivery of the first import terminal supplied by Wärtsilä includes complete unloading, storing and regasification equipment for LNG. The capacity of the LNG storage tank will be 50 000 cubic metres.

Oy Langh Ship Ab will receive a new managing director at the turn of the year, when the current managing director, Hans Langh, takes over as Chairman of the Board for the shipping company. Laura Langh-Lagerlöf has been elected as the company’s new managing director, effective January 1, 2015. The shipping company’s current Chairman of the Board, Tom Niemi (MSc Tech, chemical engineering), thanks Hans Langh for his more than 30 years of leadership with the company: “Hans has successfully steered the company through many storms.

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use of fuel oil and liquefied petroleum gas (LPG) in industry, the economy ministry said on Thursday. Finland is building a network of LNG terminals along its coastline, expecting that LNG will be increasingly used as a shipping fuel in the Baltic Sea. "With the help of this support, Manga LNG Oy, Skangass Oy, and Oy Aga Ab will build LNG terminals in Tornio, Pori and Rauma respectively," the ministry said in a statement. Manga LNG is a joint venture, which includes Finnish stainless steel maker Outokumpu Oyj.

Wärtsilä says it has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Tornio, northern Finland. The contract, valued at approximately EUR 100 million, has been made with Manga LNG Oy, a joint venture between the Finnish companies Outokumpu Group, Ruukki Metals Oy, Gasum Oy and EPV Energy Ltd. The contract is conditional on receipt of investment support and Manga LNG Oy's contracts with other parties, including the gas suppliers.

The future dry cargo vessel must be able to adjust quickly to changing transportation needs. The Finnish industrial production structure is anticipated to change and therefore maritime transportation ought to be tighter integrated to production chains. The cargo ship must be versatile and flexible as the transportation needs and cargo types may change within short time intervals. In light of energy efficiency, LNG is considered the best near future marine fuel alternative. These results are presented in three individual Master´s thesis produced at Aalto University. Based on a comprehensive analysis of the Finnish international maritime transport volume development and change factors of the industrial and operational environment, an optimal future vessel concept was established.

Companies affected by the strike launched by about 3,000 members of the Finnish Union of Salaried Employees (TU) told the Finnish News Agency (STT) that the industrial action would have an impact within just days. Juha Heikinheimo, the head of the cruise and ferries division of Norwegian shipbuilder Aker Yards, said the company's Finnish yards, with a total workforce of about 4,000 people, would grind to a halt in a day or a couple of days. Outokumpu said its stainless steel production would halt very quickly while Rautaruukki, another Finnish steelmaker, assured that it could carry on with production but would have to shut down hot rolling and cutting lines. Boliden said production at its Finnish sites would continue thanks to extraordinary measures.