Corvus Energy Invests in Canadian Battery Production
Corvus Energy is moving forward with plans to invest in its Canadian operations by expanding its Richmond, B.C. facility and increasing manufacturing capacity.As reported in early 2018, Corvus Energy is rolling out plans for expanded maritime battery manufacturing facilities in both Bergen, Norway and Richmond, B.C., Canada. A new automated battery factory in Bergen began producing energy storage systems (ESS) in Q4 2019. Corvus has signed a contract for investment in new production line equipment in the Richmond, B.C.
Wärtsilä and Norsepower Sign Agreement
The technology group Wärtsilä and Norsepower, a provider of low maintenance, software operated, data verified auxiliary wind propulsion systems, have signed a service cooperation agreement. This will enable Norsepower to order service work from Wärtsilä, while Wärtsilä can pursue and sell Norsepower Rotor Sail projects with support from Norsepower. The agreement was signed in Q3 2019.With the growth of Norsepower’s manufacturing capacity and the anticipated increasing demand for its Rotor Sails…
Shipping Fuel Costs to Spike 25% on Sulphur Cap
Costs to rise from roughly $100 bln today; just 2 pct of global fleet to have scrubbers in 2020. Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulphur kick in, consultants Wood Mackenzie said on Wednesday. The ballooning costs will come as the change in regulations forces a portion of the world's fleet to switch to lower sulphur, but higher cost, fuels such as marine gasoil (MGO) and ultra low sulphur fuel oil. The…
PBES Inks Manufacturing Deal with Elpro
PBES and Elpro Solutions AS announced that they have entered a manufacturing agreement for PBES battery systems. The agreement with Elpro provides PBES with the ability to meet the demand for its product with greater manufacturing capacity, agile and flexible factory set up, and the quality standard demanded by our customers.“After nearly two years of manufacturing in Norway, it became apparent that our customers would be better served by a more streamlined process.” said Brent Perry, CEO, PBES.
Maritime to Get Biggest Bang for VW Settlement Bucks
Imagine a settlement over falsifying emission levels in another transportation sector dropping money onto your deck. Who knew? But it’s true. The $2.9 billion settlement fund Volkswagen agreed to capitalize for distribution across all 50 states, tribal lands and Puerto Rico, as a result of “dieselgate,” its criminal dodging of required auto emission levels, presents an unparalleled opportunity to maritime companies that want to move their noxious diesel engines up a couple of EPA notches, and stick someone else with close to half the bill or more.
Mercury Marine Expands Manufacturing Capacity
Mercury Marine is adding a 53,000 square foot manufacturing capacity expansion to its global headquarters in Fond du Lac, Wisc. The expansion will consist of 45,000 square feet of manufacturing capacity and an additional 8,000 square feet of office space. In addition, Mercury is investing in state-of-the-art manufacturing equipment to better streamline the manufacturing process and meet the growing demands in the marketplace. The new space will be completed in January, 2017. “This is an exciting time for Mercury Marine,” said John Pfeifer, Mercury Marine president.
Metalube Expands Manufacturing Capacity
Reporting an upsurge in product demand, lubricants manufacturer Metalube has recently taken possession of the industrial unit located adjacent to its current site, increasing the space available to the company by over 70 percent. Metalube now occupies a 1-hectare site, which includes a 2,500 sq. meter covered factory, warehousing and office space alongside a brand new state-of-the-art laboratory. The company has also purchased four new Jungheinrich fork-lift trucks to service this new and improved site.
Twin Disc Slashing Costs under Market Pressure
Power transmission equipment company Twin Disc, Inc., announced additional restructuring and cost reduction activities aiming to further reduce expenses, as a result of challenging global market conditions within the company's oil and gas, global pleasure craft and Asian commercial marine markets. Twin Disc said it expects $4.3 million of annual savings from these actions once fully implemented, plus a further $6 million of annual savings announced in the fiscal 2015 fourth quarter.
GE to Move US Engine Plant to Canada
General Electric Co said on Monday it will move production of large, gas-powered engines to Canada from Waukesha, Wisconsin, along with 350 jobs, to access export financing no longer available in the United States. In its latest salvo aimed at persuading Congress to renew the U.S. Export-Import Bank's charter which expired in June, GE will invest $265 million in a new state-of-the-art manufacturing plant at a Canadian location yet to be determined. The facility, to open in about 20 months…
Mercury Marine Begins HQ Expansion
Mercury Marine will add a 45,000 square foot expansion to its electro-deposition paint (EDP) system that will double its current processing capabilities. The current project will be complete by January 2016 and the new system will be operational by Q4, 2016. “We are developing a new state of the art coating system that gives our engines superior corrosion and warranty protection,” said John Pfeifer, Mercury Marine president. “This process enforces our ability to make a better product for our customers who expect extreme reliability in their Mercury engines.
Parker Kittiwake Doubles Emissions Analyzer Production
Parker Kittiwake, part of the Parker Hannifin Corporation and the supplier of Continuous Emissions Monitoring Systems (CEMS) for marine applications, has doubled its manufacturing capacity in direct response to an increase in industry demand ahead of the imminent 2015 ECA deadline. As a result of the increase in orders over the last year, the company has doubled its revenue. Parker Kittiwake said in-situ CEMS are the most effective method for measuring emissions, and continuous monitoring of sulphur emissions is one of two methods that can be used to verify the scrubbers’ performance…
Wärtsilä License Jangsu 2-Stroke Marine Engine Manufacture
Wärtsilä Switzerland Ltd inform that it has signed a licence agreement for the manufacture and sales of Wärtsilä 2-stroke marine engines by China-based Jangsu Antai Power Machinery Co. Ltd. (JAD) which is the former large horse-power division of Wuxi Diesel Engine Plant). Under the terms of this agreement, JAD will be able to manufacture and sell the entire portfolio of Wärtsilä 2-stroke engines. Initially, JAD will focus on small and mid-sized engines up to and including the Wärtsilä X-72 bore engines.
New Seismic Survey Boat: NAMJet Waterjet Propelled
Norwegian shipbuilder Westplast AS chooses US-based NAMJet propulsion for its latest seismic survey vessel WP950. Designed as a global support platform for oil and gas industry seismographic research, the WP950 will also be used for streamer cable replacements. The boat is powered by twin 295-horsepower (hp) Yanmar diesels paired to twin TRAKTOR® Jet TJ 381 (15-inch) waterjets capable of propelling the 31-foot, 15,653-pound (7100 kg) craft to top speeds of 28 knots. The vessel's TRAKTOR Jet propulsion system also provides 6,393 pounds (2900 kg) of Bollard Pull.