Keppel Acquires $50m Stake Battery Biz
Keppel Corporation Limited, through its wholly owned subsidiary KepVenture Pte Ltd (Keppel), has entered into an agreement with Envision AESC to invest $50 million for a minority stake in Envision AESC Group Ltd, a leading intelligent lithium-ion battery company. This co-investment with Envision is in line with Keppel's efforts to deploy innovative concepts in its solutions for sustainable urbanization.Envision AESC Group Ltd recently completed the acquisition of Automotive Energy Supply Corporation (AESC), a former venture between Nissan Motor Company (Nissan) and the NEC Group.
Bomin Sells Belgium Bunker Ops
The Bomin Group has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans. Bomin announced in September 2018 that it was exiting the bunker market in Antwerp.The purchasers will acquire 100 percent of the shares in Bomin Belgium, located in Antwerp. Subject to merger clearance, the deal is expected to be formally concluded on December 31, 2018. As from January 2019 the company will be rebranded.The Bomin…
MAN Cryo to Design, Deliver LNG Regasification Terminal
MAN Energy Solutions Takes Next Step in Developing Presence in Finland.MAN Energy Solutions has won the contract to design and deliver an LNG regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading company producing chemical and Animal feed products from tall oil, has chosen to convert the boiler for generating steam for the refinery processin to natural gas/ bio-gas. MAN Energy Solution will deliver a tailor-made installation, including offloading skid for LNG trailers…
ABS: New Guidance on Energy Storage
ABS has published The ABS Guide for Use of Supercapacitors in the Marine and Offshore Industries (Supercapacitor Guide) to support safe application of hybrid power in the marine and offshore industries. The maritime industry is increasingly interested in using supercapacitors as an energy storage solution when quick energy delivery is required during a peak loading condition. Particularly, offshore supply vessel (OSV) owners are considering supercapacitors to supplement energy supply during high-load operations, such as using power thrusters for dynamic positioning while station keeping.
Electric & Hybrid Propulsion Ordered fir CMAL Ferry
Imtech Marine informs it has been awarded a third contract to supply the electric and hybrid propulsion system for a hybrid ferry operated by Caledonian Maritime Assets Ltd (CMAL) of Scotland. Ferguson Marine, the Glasgow-based yard which built the first two CMAL diesel electric, hybrid seagoing ferries, launched a tender last year and Imtech Marine was given the contract in late February. For the third hybrid ferry, Imtech Marine will, next to the diesel-electric and Li-Ion battery hybrid propulsion system, additionally carry out the electrical installation.
Torqeedo Introduces Deep Blue Hybrid
Torqeedo Introduces high-powered Deep Blue product line into hybrid solution line. More than simply propulsion, this is the first fully integrated system that acts as an energy supply for both the hybrid drive and all AC/DC electrical loads on board. This solution can harness solar, wind, plug-in and regenerative power in the system's high-capacity batteries, keeping generator runtime to a minimum. Ample and always available electrical power presents many benefits. Large house loads…
Wärtsilä to Provide Gensets for Two New OSVs
Wärtsilä says it has received an order to deliver generating sets for two new well intervention vessels for Siem Offshore A/S from Norway. The vessels are built by Flensburger Schiffbau Gesellschaft (FSG) in Flensburg, Germany. The 158 metre long ships will be delivered in 2016 and will operate in Brazilian waters. Wärtsilä explain that well intervention vessels are used in the maintenance of offshore oil wells to secure the oil flow and availability of the well. Dynamic positioning (DP) of the vessels is…
Denmark's Eekels Wins Slow Steaming Technology Prize
Eekels informs it has been awarded the TBI Innovation Prize 2013 for its “Slow Steaming” entry. The vote was taken at the TBI TOP250 and no less than 66% of those present voted for Eekels’ ingenious technical innovation. Eekels was one of the 3 nominees that had been chosen from 34 entries by a jury chaired by Maxime Verhagen (chairman of Bouwend Nederland, the Dutch Construction and Infrastructure Federation). Eekels explains that due to the economic downturn, the freight rates in the shipping industry have been under pressure.
Offshore Platform 'Olympus' Hull Texas-bound
Shell Offshore's main body of the 'Olympus' Tension Leg Platform (TLP) leaves South Korea aboard Dockwise ship. The approximately 32,500 metric ton main body of the Olympus TLP begins its two month journey to the U.S. Gulf Coast on Dockwise's Blue Marlin semi-submersible heavy lift ship. The hull is expected to reach Ingleside, Texas in early 2013 where installation of the topsides will take place before the TLP departs for its final location on the Mars Field in the Gulf of Mexico.
North America Leads Shift in Global Energy Balance
North America is at the forefront of a game-changing transformation in oil and gas production claims International Energy Agency publication. This year’s World Energy Outlook published by IEA finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.
WISTA Ladies Show the Flag in Paris
Twenty WISTA USA (Women’s International Shipping & Trading Association) members travel to Paris for the AGM. This annual gathering of WISTA members in locations around the world is augmented by industry leaders who participate in the three-day event as both speakers and delegates. This year a record 283 attended the event from 34 countries. The conference was kicked off by Peter Hinchliffe, Secretary General for the International Chamber of Shipping. Mr. Hinchliffe stressed the need for the international regulatory community to look for rational approaches to effecting change.
Energy Supply Not Sustainable for Next Three Generations Says BP CEO
In a speech at the Kansas Renewable Energy Conference the President & CEO of BP's wind energy business advocates energy supply alternatives. "The rules for energy supply that governed during the last three generations are likely not to be sustainable for the next three generations. We are witnessing increasing demand growth from the rapidly-developing world economies; in just the next 20 years, the world energy demand will be 40% greater than today. The fossil fuels extracted…
Corvus Energy Supply BMS to New Østensjø Rederi PSV
Corvus Energy supplies Norwegian ship owner Østensjø Rederi with turnkey lithium-ion battery management system (BMS) for newly designed vessel. The Platform Supply Vessel (PSV), designated ST-920, is being developed by Østensjø Rederi together with ship designer Skipsteknisk in Ålesund and building yard Astilleros Gondan in Spain in close collaboration with Siemens as the systems integrator and Corvus Energy as the energy storage system enabler. The new vessel will be used to support rig operations in the North Sea and construction is expected to complete in September 2013.
LNG Bunkers in Europe – DNV Leads Discussion
Recognising that LNG is one of the best solutions for complying with upcoming emission regulations for ships, DNV is currently conducting a feasibility study for the Flemish Government relating to the provision of LNG bunkering facilities in three Belgian ports. The annual Process & Asset Risk Management Conference (PARC) focused on LNG opportunities in addition to debating the future of energy supply. The conference, which was hosted by DNV in Brussels, brought together EU regulators, industry experts and port representatives.
Golar LNG Orders Two Ships for $400m
Golar LNG Limited announced details of an expansion to its fleet, saying that it has entered into two newbuilding contracts for 162,000 cu. m. new buildings with fixed priced options for a further two with the Korean shipbuilder Hyundai Samho Heavy Industries Co., Ltd. One vessel will deliver during the third quarter of 2014 and the other will deliver during the fourth quarter of 2014. The total cost of the two vessels is slightly above $400 million. As with Golar's existing newbuilding orders, the vessels will be delivered with tri-fuel diesel electric engines.