Offshore DP3 Propulsion Package Order for Wärtsilä
Wärtsilä say they have signed a repeat integrated solution order with the COSCO (Qidong) Offshore Co.Ltd shipyard covering another DP3 Dynamically Positioned offshore accommodation rig being built for Singapore based Axis Offshore. The Wärtsilä solution includes the main power generation system, the propulsion system, the electric and automation system, and the automation safety system. The vessel…
Port of Hueneme Creates US$1.1-Billion Economic Impact
The Port’s most historic cargo year (fiscal 2013) yielded a significant economic stimulus, reporting 778 new trade related jobs, $5 million in additional taxes and an additional $90 million in Maritime related economic activity as the Port of Hueneme continues to grow as an economic engine for Ventura County and the region. This announcement comes from a just released 'Economic Impact report for fiscal year 2013' performed by Martin Associates Economic Consulting firm.
Car Carrying Volumes Boost WWH Revenues in Q4 2013
“Shipping volumes increased in the fourth quarter. As expected, car volumes improved more than high and heavy volumes," stated Thomas Wilhelmsen, group WWH CEO. Operating profit for the fourth quarter of 2013 was USD 82 million (USD 96 million) based on a total income of USD 893 million (USD 903 million). The operating profit for the quarter was negatively impacted by an accrual related to a draft cease and desist order which the partly owned Wilh.
Aker Solutions Holds Its Own in Q4 2013
Sales were NOK 11.4 billion in the fourth quarter of 2013, up from NOK 11.2 in the fourth quarter of 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1.06 billion in the quarter, compared with NOK 1.09 billion in the year-earlier period. The prior-year figure includes a gain of NOK 160 million from the sale of real estate. The EBITDA margin was 9.3 percent in the quarter versus 9.7 percent a year earlier.
BC Shipbuilding & Ship Repair Board: Workforce Strategy Document
The B.C. Shipbuilding and Ship Repair Board (SSRB) announce the release of its workforce development strategy document for the B.C. shipbuilding and ship repair industry: 'Towards 2020: A BC Shipbuilding & Ship Repair Industry Workforce Strategy' is intended to inform and guide public and private investments in future labour market development initiatives over the next decade. It is forecast that throughout the next ten years alone, B.C.
MTN Supply New Cruise Ship Hybrid Communications Network
MTN explains that this advanced hybrid network enables satellite and terrestrial broadband connectivity for higher performance connections on large vessels both at-sea and in-port. With approximately 4,000 guests and 1,600 crew, the new cruise ship Norwegian Getaway is the first to showcase one of the most visionary communications solutions at sea today. While sailing in the open sea is a remote experience, guests and crew members don’t want to leave their “connected lives” back in port.
