Wärtsilä Reorganizes Into Marine and Energy Units
Finnish based technology group Wärtsilä announced plans to reorganize into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets.The new organizational structure will be operational as of January 1, 2019.Jaakko Eskola, President & CEO, said, “Developing stronger partnerships with our customers and providing them with greater value is essential for reaching our long-term target of profitable growth.
How Refiners Plan to Grapple With Fuel Oil Output After 2020
High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed.Sixty percent of the 33 refineries contacted by Reuters in a global survey will still produce HSFO in 2020 although the supply will tighten as 70 percent of these refiners plan to reduce their output.Starting that year…
Us to Be 'Strong Supplier' of Compliant Marine Fuels
Owing to its booming shale industry, the United States is likely to become an important supplier of low-sulphur marine fuels ahead of major new emissions regulations in 2020, Vienna-based consultancy JBC Energy said on Monday."The (United States) is likely to emerge as a strong supplier of compliant fuels in the coming quarters in the context of the IMO sulphur spec switch," said JBC.The U.N. International Maritime Organization (IMO) is introducing new rules on marine fuels from 2020…
Stolt-Nielsen LNG, Golar LNG and Höegh LNG in Joint $182 Million Investment
Stolt-Nielsen Limited (Oslo Børs: SNI), Golar LNG Ltd and Höegh LNG Holdings Ltd. announced a combined investment commitment of $182 million in Avenir LNG Ltd. to pursue opportunities to deliver LNG to areas of stranded demand, as well as the development of LNG bunkering capabilities.The investment will be contributed as cash and equity-in-kind and will fund the construction of six small-scale LNG carriers…
Powerful Shallow-Draft Paraguay Towboat
Paraguay’s Tsuneishi Shipyard, a subsidiary of the Japanese firm of the same name, recently delivered the powerful towboat Tebicuary 3 to her owners Navegación del Sur S.A. (Navesur) in June of 2018. The new vessel is a near sister-ship to the 2015-delivered Ceasar Primo for a different owner. The newer vessel will also work on the Paraguay-Paraná River system that provides marine access to large parts…
The Drones are Coming
Nimble and quick, unmanned aerial vehicles have evolved into a valuable tool for marine and offshore applications.When a U.S. oil tanker conducts a Critical Area Inspection Plan (CAIP) as required by ABS, it is an onerous process. For example, each tank requires seven days of set up with scaffolding and staging. An ABS inspector and UDT technicians must access, and be carefully lowered into the tank with instrumentation and tools. Inspection points in far reaching places are surveyed.
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