Industrial News

11 Nov 2019

Jobs at risk if Merger Stopped, Fincantieri Chairman Warns

Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities last month opened an in-depth investigation into the proposed deal, saying it would significantly reduce competition and could push up prices for cruise ships."Ours is a valid industrial project that could not only help Europe's shipbuilding industry compete better globally…

11 Nov 2019

Fincantieri: Jobs at Risk if Merger with Chantiers de l'Atlantique Stopped

Photo: Fincantieri

Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities last month opened an in-depth investigation into the proposed deal, saying it would significantly reduce competition and could push up prices for cruise ships."Ours is a valid industrial project that could not only help Europe's shipbuilding industry compete better globally…

08 Nov 2019

Fincantieri: Vard Shipyard is Losing Money

Pic: Vard

Italian shipbuilder Fincantieri has posted higher earnings in the first nine months, but said the result was hit by losses at its Vard unit. Revenues increased by 9.7% at euro 4,254 million (euro 3,878 million at 30 September 2018).Fincantieri reported a positive performance of the Shipbuilding segment (+30.2% compared to 30 September 2018 despite the negative impact of Vard cruise projects) and was affected by the negative margin of the Offshore and Specialized Vessels segment.Positive operating performance at Group level…

07 Nov 2019

Wes Amelie Retrofit for Synthetic Natural Gas

The Wes Amelie (picture courtsey Wessels)

First dual-fuel retrofit now set to be first vessel globally to use SNG derived from renewable energy in furtherance of Maritime Energy Transition MAN Energy Solutions and Wessels Marine GmbH have announced a technical showcase whereby the 2017-retrofitted ‘Wes Amelie’, a 1,036-teu feeder container ship, will use liquefied SNG (Synthetic Natural Gas) produced from renewable electrical energy as drop-in fuel. The companies are cooperating on the Wes Amelie project with Nauticor…

06 Nov 2019

Goldwind Wins Certification LiDAR Tech

Photo: DNV GL

Chinese wind turbine manufacturer Goldwind is the world’s first OEM to receive DNV GL’s Component Certification for its LiDAR Assisted Control system.The certificate is issued according to DNV GL’s own Type and Component Certification Service Specification in conjunction with the Recommended Practice for new Technology Qualification.LiDAR, which stands for “Light Detection And Ranging”, is a technique where a laser source is used to sense the incoming wind field in front of a wind turbine rotor.

05 Nov 2019

LNG Terminals Market to Grow 3% by 2022

Rotterdam LNG terminal. Pic: Port of Rotterdam

The large-scale LNG terminals market size is expected to post a CAGR of close to 3% during the period 2018-2022, according to the latest market research report by Technavio.The rising demand for clean fuels is one of the major reasons for the growth of the large-scale LNG terminals market. Fossil fuels constitute a major source of energy to cater to the demands from the residential, commercial, and industrial sectors. However, they result in heavy emissions of CO2 and other greenhouse…

05 Nov 2019

BAM Bags 2nd JV Contract in Canada

Pic: BAM International

JGC-Fluor joint venture has awarded BJM the contract for the construction of the LNG Canada MOF, a material offloading facility to support the realization of a LNG export facility in Kitimat on the west coast of Canada, British Columbia (approximately 600 km north-west of Vancouver).BJM is a joint venture between BAM International (the operating company of Royal BAM Group active outside Europe), JJM Construction (Canada) and Manson Construction (USA).The project is part of the overall LNG Canada project.

04 Nov 2019

Thyssenkrupp to Invest $279 mln at Shipbuilding Division

© razihusin / Adobe Stock

Thyssenkrupp plans to invest 250 million euros ($279 million) at its unit that builds submarines and warships, the German industrial conglomerate said on Monday.The investment at Thyssenkrupp Marine Systems (TKMS) will be made by 2023, the group said, pointing to good order intake at the moment. TKMS will also hire 500 new employees by the end of next year, it said."Our ambition is to be Europe's most modern naval company. By making major investments, we are preparing our operations for the future…

03 Nov 2019

In a First, Container Cargo Vessel on Brahmaputra

Map: PIB

The first ever containerized cargo movement via Indo-Bangladesh protocol route and Brahmaputra (National Waterway -2) river will start from West Bengal's Haldia Today."In line with Government’s focus on improving connectivity to the North Eastern Region (NER), a landmark container cargo consignment will sail on inland waterways from Haldia Dock Complex (HDC) to the Inland Waterways Authority of India (IWAI) terminal at Pandu in Guwahati on 4 November, 2019," said a government release.Gopal Krishna…

01 Nov 2019

Nordhavn, Vripack Collaborate on Expedition Yacht

Photo: Nordhavn Yachts

The concept of a world-class superyacht, able to take on the most extreme cruising itinerary, is at the root of Nordhavn’s newest collaboration with Vripack: the brilliant Nordhavn 148. Designed to Class with ice capability, the ambitions of this adventuresome, forward-thinking cruising ship are infinite thanks to the combined efforts of the world’s foremost expedition yacht brand and Europe’s premiere yacht design and engineering firm. Individually, they have each specialized in the creation of high-latitude explorer yachts.

01 Nov 2019

SGRE Lands World’s Largest Floating OWF

Image: Siemens Gamesa Renewable Energy

Spanish-based engineering company Siemens Gamesa Renewable Energy (SGRE) said that the world’s largest floating wind power plant will be installed in Norway, equipped with 11 Siemens Gamesa SG 8.0-167 DD turbines.Scheduled to be commissioned in late 2022, Hywind Tampen will be the first ever floating wind power plant to power offshore oil and gas platforms.“We are pleased to have received the firm order from Equinor to be the supplier of this ground-breaking project. Thanks to our strong collaboration and joint focus on innovation…

30 Oct 2019

Fincantieri's French Shipyard Bid Gets EU Scrutiny

File Image of a Fincantieri Shipyard (CREDIT: Fincantieri)

Italy's bid to create a European industrial champion in the shipbuilding industry faces hurdles after EU antitrust regulators said Fincantieri's bid for Chantiers de l'Atlantique would significantly reduce competition.The European Commission said the deal between two global leaders in an already concentrated and capacity-constrained market could push up prices for cruise ships as it began an investigation on Wednesday.Italy is hoping the deal will help Fincantieri, Europe's biggest shipyard…

30 Oct 2019

Changes to Volvo Penta Executive Group Announced

Ron Huibers, President Volvo Penta Americas

After 26 years with Volvo and 7 as President of Volvo Penta Americas, Ron Huibers has decided to retire from his current role and move to another role within Volvo Penta. Succeeding Ron will be Martin Bjuve, currently CFO and SVP Business Office Volvo Penta. Planned transition date will be January 1, 2020. Bjorn Ingemanson, President and CEO Volvo Penta, today announced that Ron Huibers, President Volvo Penta Americas, has decided to retire from his current role and take up a new role within the company. "The team, customers and industries we serve here have been exciting and rewarding.

29 Oct 2019

UK to Promote Hybrid Ferries

Pic: UK Chamber of Shipping

UK Chamber of Shipping has called for more hybrid ferries as part of tackling climate change.UK Chamber of Shipping Chief executive Bob Sanguinetti visited Wightlink in Portsmouth where he was shown their state-of-the-art hybrid ferry.Victoria of Wight, which takes passengers all year round to the Isle of Wight, entered service in August 2018 and was the first hybrid ferry in England. The ship uses a hybrid energy system, which works much like a hybrid energy car, allowing her to run partly on electricity when required.

29 Oct 2019

The Quest to Develop IMO 2020 'bio' Fuels

File Image: A typical Maersk boxship works cargo alongside a pier. (CREDIT: Maersk)

Top shipping, retail and transport companies are looking to develop an alternative marine fuel which aims to reduce carbon emissions from ships, in another step to push the sector to go green.International shipping accounts for 2.2% of global carbon dioxide emissions, according to the International Maritime Organization (IMO), more than aviation's 2% share.The IMO, a United Nations agency, has said it aims to halve greenhouse gas emissions from 2008 levels by 2050.Investor and activist pressure is prompting companies to look to speed up reducing the industry's carbon footprint.Denmark's A.P.

29 Oct 2019

AMETEK Land Launches New Emissions Monitoring Systems

Photo: AMETEK Land

AMETEK Land, a provider of combustion efficiency and environmental pollutant emissions monitoring instrumentation, has launched two new continuous emission monitoring systems (PM-CEMS) to provide accurate and reliable measurement of particulate matter from industrial combustion processes in stacks and ducts.The AMETEK Land 4650-PM is an extremely stable and accurate low-range particulate matter measurement system designed for CEMS applications where condensed water is not present in the flue gas.

29 Oct 2019

Ship Design: Evolving for Efficiency, Compliance

Alternate fuels such as liquid hydrogen are already well-served by existing supply chains. Credit: Glosten

The evolution of marine design is increasingly influenced by three drivers: New three-dimensional design tools, the increasing complexity of power systems, and new access to high-latitude shipping routes. While new digital design tools are a natural progression of the current Information Age, new propulsion energy requirements and Polar shipping routes are reactions to the legacy of the ebbing Industrial Age. Three-Dimensional Design WorkflowsA young naval architect recently stated…

29 Oct 2019

Eni-led Group to Build Wave Power Stations

Photo by Fincantieri

Italian oil group Eni is joining forces with shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The agreement, which follows the understanding signed last 19 April, will launch the first phase of a joint project to convert the Inertial Sea Wave Energy Converter (ISWEC) pilot project, an innovative system that transforms energy generated by waves into electricity, into an industrial scale power station…

28 Oct 2019

Minesto Boosts Taiwanese Presence

Photo:  Minesto

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s Deep Green technology in Taiwan.The renewed collaboration agreement with NTOU's Center for Ocean Energy System (COES) was signed at a ceremony in Taipei by Minesto’s CEO Dr Martin Edlund and Professor Chen-Chou Lin, Director of COES.The collaboration between Minesto and COES builds on a phase-staged approach to go…

25 Oct 2019

Naval Group Cuts Steel for First FDI Frigate

Pic:  Naval Group

French industrial group specialized in naval defense Naval Group held a steel-cutting ceremony to mark the start of construction on the first-in-class vessel, the French Navy's first defense and intervention frigate (FDI)  that is natively protected against cyber threats.The ceremony was led in the presence of the Minister for Armed Forces, Florence Parly, the Head of the French Armament Directorate (DGA) Délégué général pour l’Armement, Joël Barre, the Chief of Staff of the French Navy Christophe Prazuck…

25 Oct 2019

RECSO Hosts First Global Oil Spill conference

AbdulAziz Somali and Majed Saber from Saudi Aramco’s Marine Department brief visitors. Photo: Saudi Aramco

The Regional Clean Sea Organization (RECSO), an oil industry co-operative organisation in the Middle East, has hosted First RECSO Enviro Spill Conference and Exhibition.In delivering the keynote speech at the opening ceremony, Abdulhakim A. Al-Gouhi, vice president of Industrial Services with Saudi Aramco, called on members to collaborate to protect the pristine Gulf environment through prevention, preparedness, and response.“We come together to demonstrate our unlimited commitment toward protecting the marine environment from any harmful effects of pollution…

24 Oct 2019

Maritime Risk Symposium, Nov. 12-15 at SUNY Maritime

© Oleksii Fadieiev/Adobe Stock

The State University of New York Maritime College, in collaboration with the U.S. Coast Guard, National Academy of Sciences, academic institutions, industry partners, and federal, state and local agencies, will host the 10th Annual Maritime Risk Symposium (MRS 2019) Nov. 13-15, 2019, at New York Maritime College located in the Bronx, New York.MRS 2019 will bring together academics, government and commercial entities to discuss the threats, challenges and risks associated with the Marine Transportation System with a focus on current and future marine transportation challenges and threats.

24 Oct 2019

Interview: Nigel Shewring R&D Director, Hempel

Nigel Shewring is Hempel Group’s new Research & Development Director. Photo: Hempel

Nigel Shewring is Hempel Group’s new Research & Development Director. He provided Maritime Reporter & Engineering News insights on the future pace and direction of coatings technology.Nigel Shewring has spent his professional life on the R&D side of the coatings industry, starting in 1996 as a bench chemist developing liquid coatings for general industrial applications, moving later into the research and development of foul release coatings. For the last 15 years he has been leading…

Maritime Reporter Magazine Cover Nov 2019 - Workboat Edition

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