Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is $209.5m, with an additional maximum sum of $60m to be paid based on the performance of the business over the next three years. In 2007, Vik-Sandvik's turnover was $87m and the profitability is on a very good level. The number of employees is 410. The role of ship design is becoming more and more important due to higher performance requirements, more sophisticated systems, and increased integration onboard most vessels. Also, the environmental and emission regulations regarding NOx and CO2 are becoming increasingly stringent. Through this acquisition, Wärtsilä can offer competitive solutions that will lead to better total efficiency, improved environmental performance, and reduced life cycle costs for its customers. Vik-Sandvik will be integrated into Wärtsilä Ship Design within Ship Power. All personnel - including the management - will continue as Wärtsilä employees. The acquisition is subject to relevant regulatory approvals, which are expected during the third quarter of 2008. Vik-Sandvik specializes in the design of high-end offshore vessels, as well as product and chemical tankers and more specialized vessels
Paramarine software, developed by QinetiQ GRC, has been selected by Rolls-Royce who is broadening its ship design capabilities. Paramarine will be Rolls-Royce’s marine design software tool of choice in support of their newly formed team dedicated to the development of naval ship designs. Rolls-Royce has been at the forefront of innovative ship design for nearly 40 years, designing over 800 vessels, used mainly in the commercial sector
Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is $169.9m, with an additional maximum sum of $48.9m to be paid based on the performance of the business over the next three years. In 2007, Vik-Sandvik’s turnover was $70.8 millions and the profitability is on a very good level. The number of employees is 410.
ClassNK Releases World’s First Harmonized CSR Compliant Ship Design Support Software. Classification society ClassNK (Chairman and President: Noboru Ueda) has announced the release of a new version of its PrimeShip-HULL (HCSR) ship design support software that is fully compliant with the new IACS Common Structural Rules (harmonized CSR) for oil tankers and bulk carriers. The new ship design support software is the first in the world to fully support the new
Intergraph Corporation announced that Keppel FELS has chosen to broaden its implementation of Intergraph's software technologies. Keppel FELS will deploy Intergraph's integrated solution suite for ship design, assembly and modeling in Singapore as well as in other engineering centers globally. Intergraph's Process, Power and Marine technologies provide ship design and engineering support including design and assembly, materials planning and procurement, and information management
Keel Marine selects Paramarine as their ship design software platform. Paramarine advanced marine design software, developed by QinetiQ GRC, has been selected by Keel Marine to replace their in-house developed ship design software. For nearly fifty years Keel Marine, who are based in the UK, has delivered naval architecture and marine engineering services globally to an impressive range of commercial and government entities.
Wärtsilä will supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in the Republic of Korea. The owner and operator of the vessels is a joint venture formed between France-based energy industry company, Technip and the Brazilian oil & gas industry company
Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Mr. Benedict P. Capuco as Chief Naval Architect. In this role, Capuco will provide corporate leadership to the company's naval architecture and marine engineering capabilities and solutions across the Gibbs & Cox global portfolio. Prior to this appointment, Capuco served as Vice President and Group Manager of the Platform Solutions Group of Gibbs & Cox
Graig Shipping Plc has opened a new facility in Shanghai, China, to provide a centre of excellence for ship design, newbuilding supervision, shiprepair and classification. "Chinese ship yards have enormous potential," says Hugh Williams, CEO of Graig. "This facility will help owners to get the very best from China. Under one roof we now have Graig Ship Management, which provides the highest quality newbuilding supervision services, Graig Carl Bro Ship Design
Technical papers on a wide range of ship design and production topics will be presented during the Society of Naval Architects and Engineers (SNAME) Annual Meeting and Expo, October 21-23 at the Rhode Island Convention Center in Providence, Rhode Island. Early registration discounts of up to $200 are available until September 23. Abstracts of all 2009 technical papers can be viewed at: www.snameexpo.com/2009/conference/SessionPapers.asp
SSI has today released ShipConstructor 2015 R2.1 software. The software release comes in response to emerging ship design, engineering and building trends as identified by SSI’s Client Council of industry leaders. The advisors on this software launch were representatives
“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the registry
Evergreen Group signed time charter agreements with Shoei Kisen Kaisha, Ltd. (Shoei) to charter a total of 11 18,000 TEU vessels, which include the six units of the same capacity announced by Evergreen Marine Corp. (EMC) and its subsidiary last December
The keel for the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corp.’s liner services group was laid during a ceremony at ship-builder VT Halter Marine, Inc.’s facility in Pascagoula, Miss.
Saab, Damen ink partnership agreement to pursue prospects in the international submarine market Swedish defense and security company Saab has partnered with Dutch shipbuilder Damen Shipyards to explore future opportunities in the international submarine market
In a technical briefing with media in Ottawa this morning, representatives from Public Works Government Services Canada, the Canadian Navy and Irving Shipbuilding provided an overview of the Arctic Offshore Patrol ship program including the ship’s design and capability
BMT Group subsidiaries BMT Asia Pacific and BMT Nigel Gee have been appointed to provide vessel design consultancy services to the Hong Kong government. The contract, awarded by the Hong Kong Marine Department following a competitive tender
Ship efficiency is just as relevant and important in a bearish oil market as when shipowners have to pay over $600 for a metric ton of heavy fuel oil, Newport Shipping avows. Hakan Ozcan, the Chief Financial Officer of Ecoships, the technical ship management arm of Newport Shipping Group
The U.S. Navy will insist on competition for the next U.S. amphibious warship despite a decision last year to base the ship on the LPD-17 ship designed by Huntington Ingalls Industries Inc, Marine Corps Major General Robert Walsh said on Tuesday.
With the latest contract for two offshore wind service vessels for Bernhard Schulte/WINDEA Offshore, ULSTEIN has achieved 100 sales of the X-BOW hull line design. The milestone was achieved 10 years after the launch of the X-BOW design in 2005.
Ulstein Verft has signed a shipbuilding contract with the Germany-based Bernhard Schulte for two service operation vessels (SOVs) of the ULSTEIN SX175 design developed by Ulstein Design & Solutions. The final detailed arrangements and equipment for the vessels have been developed and specified
First delivery of Damen’s new ship design: the DOC 8500 Cable Layer Damen delivered a new DOC 8500 cable laying vessel, Nexus, to international offshore contractor Van Oord on December 22. The 126-metre vessel is intended for the installation of electricity cables for offshore wind
John C. Daidola has joined Webb Institute as Assistant Professor of Structural Engineering. Dr. Daidola is a structural engineer with over forty-years of experience. His early experience was as Design Engineer at Newport News Shipbuilding and Dry Dock Company and as Chief Naval Architect
Damen is a ubiquitous name in global ship and boatbuilding, delivering its unique brand with customary style and flair from ports of call around the world. For insights on the company’s long, colorful history and its bright future, we received insights from Arnout Damen, COO.
In the culmination of it 75th Anniversary year in 2014, Maritime Reporter & Engineering News is announced the 17 “Great Ships of 2014” in its December 2014 edition, available now at: http://digitalmagazines.marinelink.com/nwm/MaritimeReporter/201412/