Wartsila Q2 Profits Dip on Weaker Demand
Finland's Wartsila Oyj missed second-quarter forecasts on Thursday and warned it expects demand to weaken for both its marine and energy businesses in the coming 12 months, sending shares in the engineering firm 8 percent lower.Its comparable operating profit fell to 113 million euros ($127 million) from 123 million and missing the 132 million forecast by analysts in a poll.Sales fell to 1.22 billion euros from 1.25 billion and missed the 1.37 billion forecast by analysts.Wartsila downgraded its outlook for its marine business to 'soft' from 'solid', due to lower vessel contracting volumes and
Alfa Laval 'confident' Despite Softening Scrubber Demand
Sweden's Alfa Laval reported a fall in quarterly orders on Wednesday on weaker-than-expected demand for ship exhaust cleaners and pumping systems, sending its shares sharply lower.Demand for so-called scrubbers which strip out sulphur from marine fuel has boosted the engineering group as well as Wartsila in the past few years as shipowners prepared for stricter sulphur emissions regulations from next year.Chief Executive Tom Erixon forecast higher sequential demand for Alfa's…
Volvo Penta Powers New Transporter in BC
Reliable performance was a prime prerequisite for the new transporter recently built for the Gitga’at First Nation community located in a remote region of northwest British Columbia.That’s one of the main reasons why Volvo Penta diesels were specified for the new boat.The new 55-ft. aluminum transporter, built in the Adrenalin Marine shipyard in Delta, British Columbia, is powered by a pair of Volvo Penta 13-liter 700 hp diesels. The engines were supplied by Surrey-based Cullen Diesel Power Ltd…
Veson Nautical's Digital Solution for IMO 2020
Veson Nautical announced new features designed to help users navigate the IMO 2020 Sulphur cap regulations set to take effect January 1, 2020. Upon release, the new features will become a standard part of the Veslink IMOS Platform, Veson’s market-leading cloud solution for commercial marine freight and fleet management.The IMO 2020 regulations are designed to reduce marine sector emissions in international waters by 80% starting Jan 1, 2020. As more fuel grades enter the market and the shipping industry prepares for change…
Italian Navy Launches Offshore Patrol Ship
GE Marine's LM2500+G4 gas turbine will power the Italian Navy’s new Paolo Thaon di Revel Pattugliatore Polivalente d’Altura (PPA) a hybrid-electric, multipurpose offshore patrol ship that was launched in mid-June and will be delivered in 2021.Being built at Fincantieri Shipyard in Muggiano – La Spezia, Italy, the PPA patrol ship will serve multiple functions from patrol with sea rescue capacity to civil protection operations. It is 133 meters long and can carry 90 crew members with additional accommodations for up to 171 members.
Wärtsilä wins Hopper Dredger Propulsion Deal
The technology group Wärtsilä has again been selected by the Netherlands-based shipbuilding company Damen Shipyards Group to provide the main propulsion solutions for a large Marine Aggregate Dredger (MAD). The dredger is being built for the U.K. company Hanson Aggregates, a leading supplier of heavy building materials for the construction industry. The order with Wärtsilä was signed in May 2019.An identically designed vessel from Damen, which is expected to begin operations within the coming few months, is also fitted with the same Wärtsilä solutions.
Belle Chasse Marine Repowers with Volvo Penta
Reliability, Power, Fuel Savings and Minimal Downtime Key Factors in Repower Decision.Belle Chasse Marine Transportation, the largest launch service on the Lower Mississippi, puts a lot of hours on its fleet of crew and supply boats, which run day and night. One thing they can’t afford is downtime.“The river never closes, and neither do we. Our customers expect us to give them reliable round-the-clock service no matter what the conditions,” said Dillon Entrekin, port engineer at Belle Chasse.
PROPULSION TECH: How to Get to Hybridization
Hybridization in the marine world is transitioning from the latest fad to a key part of vessel design and retrofits. Driven in part by a demand for increased efficiency and new waves of global legislation, hybridizing or electrifying a vessel is quickly becoming necessary for organizations. In fact, the International Maritime Organization (IMO) rules and guidelines for the marine industry call for reduced emissions globally, and some ports around the world have established ambitious…
Gemeco Debuts SmartSeal Temp Sensors
Gemeco introduced a solution for early detection and prevention of shaft seal failures on recreational, commercial, and municipal vessels. New from Tides Marine, its SmartSeal Temperature Sensors monitor the temperature of a boat's shaft seals and triggers a series of alarms when the water temperature exceeds the normal operating temperature range.SmartSeal solid-state temperature sensors detect an increase in water temperature within the shaft seal and will cause a warning alarm to sound, providing the crew with advanced notice of a problem.
Swedish Electric Ferry Gets Superfast Charging
Swedish power company Vattenfall and compatriot electric ferry propulsion systems and marine consultancy platform Echandia Marine cooperate on electric ferry with superfast charging.Vattenfall and Echandia Marine have developed a new solution for electric ferries that is designed to minimise emissions and noise and at the same time lower operational and maintenance costs and provide superfast charging.The systems are installed on E/S Movitz that operates in central Stockholm and…
ARG, Sea Ready Enter Marine Lube Deal
American Refining Group Inc. (ARG) announced its new partnership with veteran-owned small business Sea Ready Marine Petroleum, as ARG has designated Sea Ready as its global distributor of its refinery’s marine lubricants.Already the largest zinc-free (ZF) railroad-engine oil supplier east of the Mississippi River, ARG is taking its marine line of Specialty Lubricants to sea. The full line includes formulations customers have relied upon and trusted for decades, particularly its…
Conrad to Build 'MiNO 6000' Towboat
MiNO Marine LLC said the second vessel based on its new 6000 hp inland towboat design has been contracted for and production will begin soon at Conrad Amelia Shipyard. The MiNO 6000 Class Towboat design is a modern, Subchapter M compliant vessel measuring 166 x 49 ft. with a 12-ft. depth.The towboat will be propelled by a pair of conventional propellers within Kort nozzles each driven by a 3000 hp, Tier IV compliant engine. The first vessel is fitted with EMD engines, while the second will be fitted with GE engines.The house is divided into two sections, one floating and one fixed.
Wärtsilä, COSCO Shipping Ink EGCS MoU
The technology group Wärtsilä and COSCO Shipping Heavy Industry have signed a Memorandum of Understanding (MoU) covering the development of local production resources, thus ensuring further development and support of Wärtsilä’s exhaust gas cleaning systems (EGCS) in the region. The agreement was signed in June 2019.By combining the experience, expertise and competence of the two companies, both of whom hold strong positions in the marine market, this partnership will create a ‘one-stop-shopping’ service for exhaust gas cleaning systems…
EIB Invests in Low-Emissions Outboard Engines
The European Investment Bank (EIB) has signed a EUR 14 million venture loan agreement with Sweden’s Cimco Marine AB to co-finance its innovation and growth investments.As per the unsecured credit facility agreement, the EIB will finance up to 50 percent of Cimco’s development of a new family of diesel outboard engines, inter alia a 3 liter, 6- cylinder twin turbo BMW diesel engine with a number of power outputs between 200 hp and 300 hp."The total facility is split into three tranches of EUR 4 million (A)…
Cimco Marine Names Per Wigren as CTO
Cimco Marine AB, the maker of OXE Diesel, the world's first diesel outboard engine in the high-power segment, announced that Per Wigren has been appointed chief technology officer (CTO).The Swedish company said that Per Wigren assumed the role of CTO at Cimco Marine AB on July 1, 2019. Per has previous experience from R&D, design, project management, production, QA and Sales and marketing.He is a business-oriented M.Sc. in mechanical engineering and naval architecture with a genuine interest in demanding technology and business development…
First Wärtsilä HY hybrid tug delivered
The technology group Wärtsilä’s hybrid power module solution, the Wärtsilä HY, is now fully operational on the ‘Vilja’, an escort tug owned by the Swedish port of Luleå.The tug was built at Gondan Shipbuilders in Asturias, Spain and was delivered in the end of June 2019 following successful completion of the commissioning and sea trials. The Wärtsilä HY is the first hybrid power module in the marine industry, and its operational application onboard the ‘Vilja’ marks a new era in shipping.The solution has been specially developed to meet the specific needs of the tug market.
KONGSBERG propeller Blade Air Emissions Tech for silent seas
Kongsberg Maritime has successfully adapted a propeller concept used in naval applications and is now offering the same operational and environmental benefits to commercial shipping customers.While the naval sector has been using KONGSBERG Blade Air Emission technology for a number of years, with several navies deploying it to limit vessel signature, the process is now being applied to commercial ship propellers to reduce the effect of underwater radiated noise on marine life.By machining a channel into the leading edge of the propeller blades…
ExxonMobil Introduces 0.50 PCT Marine Fuels
Engineered Marine Fuels formulated to not only comply, but also perform, ahead of 2020 sulphur cap.EMF.5 fuels range ensures compliance without compromising on quality and performanceThe fuels have passed stringent fit-for-use assessmentsCombined fuels and lubricants offer can help customers reduce operating costsExxonMobil has introduced EMF.5, its range of Engineered Marine Fuels developed ahead of the International Maritime Organization’s (IMO) global 0.50 percent sulphur cap.