Volkswagen Attracts Bids for MAN Energy Solutions Unit
Volkswagen has attracted bids from Europe's Innio, Japan's Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said.Innio, formerly known as Jenbacher and owned by buyout group Advent, as well as the two other bidders last week made bids for the VW unit, which could have a valuation of 1.5-2 billion euros ($1.7-$2.2 billion) in a potential sale, they said.Other bidders such as Hyundai Heavy are no longer in the running, they added.The divestment is part of Volkswagen's efforts to slim down and simplify the group which has 12 brands…
Vard to Design LNG Bunker Barge for Fincantieri
Vard Marine, a naval architecture and marine engineering company, recently completed the concept design of a new 5,400 cubic meter (CBM) LNG bunker barge for Fincantieri Bay Shipbuilding.The barge is being designed for Polaris New Energy’s bunkering operations that will support LNG fueled ships in the east coast of the United States. It will be built at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin and is expected to be delivered in November 2021.Vard Marine is currently…
Interferry Conference Highlights Zero-Emissions
Acknowledging the need to be a leader in the transition to a lower carbon future and eventually net zero emissions, global trade association Interferry convened its 44th annual conference on the theme of innovation - exploring the potential to transform every aspect of the ferry industry. The drive towards zero-emission ferries captured major attention among a record 420 delegates drawn to London earlier this month by a wide-ranging technical, operational and commercial agenda.
US-flagged LNG Bunker Barge Launched
America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’.6”, will be operated as part of an articulated tug and barge (ATB) unit designed to meet the requirements of American Bureau of Shipbuilding (ABS) and the International Gas Carrier code as an LNG bunkering barge.Its tug, the Q-Ocean Services, is scheduled to launch late October.
Two U.S. Flag Tugs Recently Sold
Marcon International has announced to report the recent sales of the following two U.S. flag tugs as sellers continue to upgrade their fleets.The U.S. flag, 4,800 HP twin screw, flush-deck, articulated pusher tug “Java Sea” has been sold by Kirby Offshore Marine of Houston, Texas to private buyers. The tug was originally built by the well-respected Main Iron Works of Houma, Louisiana as the “Patriot” (Hull 360) - a 3,000 HP, EMD 12-645E6 powered, conventional twin screw tug with a raised 49.3’ height of eye pilothouse.
VT Halter, Q-LNG Name First LNG ATB
VT Halter Marine, Inc., a ST Engineering North America company, held a vessel naming ceremony for America’s first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit.The Q-LNG 4000 (barge) and the Q-Ocean Services (tug) were officially named in a ceremony that included U.S. Senator Roger Wicker, U.S. Senator Cindy Hyde-Smith and U.S. Rep. Steven Palazzo, along with Shane Guidry, CEO of Q-LNG, and Tom Vecchiolla, President and CEO of ST Engineering North America.Over the last four years…
Wartsila Wins US LNG Bunker Vessel Deal
The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA.The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin on behalf of NorthStar Midstream. It will be operated by the company’s marine transportation company Polaris New Energy (PNE)."This latest order further endorses Wärtsilä’s leading position in LNG systems for the marine sector, and its key role in supporting the growing acceptance of LNG fuel by North American owners and operators…
Shore Power Market to Reach $2.7Bln by 2024
The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry, and installation of retrofit shore power systems have increased the demand for a shore power system, said a report by ResearchAndMarkets.However, huge installation & maintenance costs…
Wärtsilä Waste Treatment for Princess Cruises
The Finnish technology major Wartsila will supply and install an Auto Gasification solution for the Regal Princess, enabling the safe disposal of waste from the ship through a self-fueling thermal decomposition unit, thereby significantly reducing greenhouse gas emissions.The gasification unit on Princess Cruises’ vessel will reduce the ship’s waste to less than 5% of it is original volume, turning it into a sterilize inert material called Bio Char and a synthetic gas that will be recycled within the unit as fuel…
NorthStar Midstream Forms LNG Marine Transport Firm
NorthStar Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P., has announced the formation of Polaris New Energy (“PNE”), a marine transportation company focused on the transportation and distribution of liquefied natural gas (LNG) along the coastal and inland waterways of the United States.NorthStar has executed an agreement with Fincantieri Bay Shipbuilding to build a 5,400 cubic meter (CBM), with the ability to potentially construct two sister barges, for coastwise transportation of LNG.
Ecochlor Expands to Korea
Ecochlor Ramps Up Business Development with a New Regional Office in Korea.Ecochlor is pleased to announce the opening of a new regional office in Korea to increase support of shipyards and owners in their efforts toward ballast water management compliance.DongJu (DJ) Cho will be leading the efforts in Korea as the new Regional Business Development Manager. Mr. Cho has more than 30 years of experience working in the Korean shipbuilding and shipping industry. Mr. Cho has achieved great success in a career that has seen him take on various job positions…
SHI Develops Lithium-Ion Battery System
South Korean shipbuilder Samsung Heavy Industries (SHI) said that it has developed a lithium-ion battery power system for ships.A press release from the shipbuilding giant said that the system, jointly developed with local battery manufacturer Samsung SDI Co., earned a type approval from Norway's renowned classification society DVL-GL, becoming the first local shipbuilder to do so, according to the shipbuilder.The newly developed lithium ion battery system, which reduces fuel consumption of generators by optimally controlling and managing on-board generators and power load…
Offshore wind: One-stop power conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart.
Alfa Laval 'confident' Despite Softening Scrubber Demand
Sweden's Alfa Laval reported a fall in quarterly orders on Wednesday on weaker-than-expected demand for ship exhaust cleaners and pumping systems, sending its shares sharply lower.Demand for so-called scrubbers which strip out sulphur from marine fuel has boosted the engineering group as well as Wartsila in the past few years as shipowners prepared for stricter sulphur emissions regulations from next year.Chief Executive Tom Erixon forecast higher sequential demand for Alfa's…
Incat Tasmania Exports 111m Ferry to Spain
Incat Tasmania’s newest 111-meter ferry has been handed over to her new Spanish operator Naviera Armas and departed Hobart late last night (16 July) for Spain.The ship, named Volcan de Tagoro (Incat Hull 091) is impressive in her distinctive red Naviera Armas livery. 091 completed sea trials over the past few days, loaded fuel and supplies yesterday for the delivery voyage to Spain, and has now left Australia.The delivery will be via Auckland, across the Pacific Ocean to Tahiti and the Panama Canal before crossing the Atlantic on her way to Spain.
Wärtsilä Forms New Biofuel Arm
Finnish shipping technology group Wartsila has merged its Puregas Solutions and biogas liquefaction teams to form a new Biogas Solutions unit that will offer its customers a ‘one-stop-shop service’ for advanced biofuel production.Wärtsilä Biogas Solutions, a unit with expert capabilities in liquefying upgraded biogas for end-customer use, offers products for biogas upgrading to biomethane, and the liquefaction of biomethane into bioLNG."Currently, our market share in this field is almost 60 percent…
DSV Rever Polaris Gets Engine Overhaul
New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000 running hours service on the generator engines on board the 113-meter-long vessel at A&P Tyne’s facilities in the North East of England, as part of a comprehensive refurbishment and maintenance program of critical power units.The 1999-built Polaris is part of Rever Offshore’s fleet consisting of specialist offshore support vessels (OSV)…
Wartsila, Grimaldi Cut 3.5% Fuel Bills
Finnish technology group Wärtsilä, the Netherlands based Maritime Research Institute MARIN and Italian ship owner Grimaldi, have together successfully designed an Energy Saving Device (ESD), suitable for use by ships with Controllable Pitch Propellers (CPPs)."Following model tests, and subsequent sea trials with Grimaldi’s ‘Grande Portogallo’, a 165 metres long Pure Car & Truck Carrier, fuel efficiency gains of 3.5 percent were confirmed," said a press release from the engineering company.
Incat Tasmania Launches 111 Meter Ferry
Incat Tasmania launched a 111-meter ferry -- Volcan de Tagoro (Incat Hull 091) -- from the shipyard at Hobart’s Prince of Wales Bay on June 15.Naviera Armas SA will operate the vessel on Spanish routes, including the Canary Islands. The company has an extensive fleet of vessels, and Volcan de Tagoro will be the fifth Incat vessel operating in the Armas fleet, however is their first newbuild from Incat Tasmania. The ship’s crew will soon arrive from Spain to observe the vessel…
Offshore wind: One-stop Power Conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart. The lingo is the same.
Finland Opens Largest Nordic LNG Terminal After Delay
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…
ExxonMobil Launches Mobilgard M420
ExxonMobil has announced it has added Mobilgard M420 to its range of advanced marine lubricants.Mobilgard M420 is a 20 BN oil that has been rigorously tested specifically for use in medium speed engines using fuels that comply with the International Maritime Organization’s (IMO) global 0.50 percent sulphur cap. The lubricant has received No Objection Letters from leading engine builders, including MAN ES and Wartsila.With the marine fuel landscape changing in the lead up to 2020, Mobilgard M420 has been formulated for use on vessels running on 0.50 percent or 0.10 percent sulphur fuels.
Engine Overhaul for OSV Seven Atlantic
One of the world's most advanced diving support vessels has undergone a comprehensive power plant refurbishment and maintenance program.Engineers undertook the 30,000 running hour major service on the generator engines on board the 140-meter-long Subsea 7 Seven Atlantic, said power specialist Royston who completed the diesel engines overhaul.The work by Royston saw the Wartsila W7L32 diesel generator No.5 disassembled to install new cylinder heads, air start valves, indicator cocks, injectors and cylinder seals.