Cargo Ship Sail Designed to Cut Fuel Consumption 30%

A new concept cargo ship equipped with giant composition sails to augment the engine has been designed by a team at the University of Tokyo The sails will be made from 5 sheets of aluminium and fibre reinforced plastic…

People & Company News

China Shipyard Lay Keels Two Fast Rescue Vessels

Keels of two fast coastal rescue vessels laid at the Afai Southern (CIC Group) shipyard in China The keel laying ceremonies for two coastal fast rescue vessels contracted and built by Afai Southern, BEIHAIJIU 203(ASA033)…

People & Company News

Sustainable Shipping Initiative Launched in Singapore

Focus on sustainable shipping at Singapore event – Wärtsilä participates The Sustainable Shipping Initiative (SSI) launched in Singapore recently is a series of practical, collaborative action plans aimed at developing a…

People & Company News

Wärtsilä Adds New X-generation 92-bore Marine Diesel Engine

Wärtsilä extends X-series portfolio to a 92-bore electronically-controlled low-speed engine with large, ultra-large container ships in mind Wärtsilä extends its offering in the low-speed X-generation engine series with…

People & Company News

ABB Post First Quarter Results

ABB report top-line growth in a challenging environment in Q1 2012 Orders up 2% (unchanged organic), revenues up 8% (6% organic) vs Q1 2011 Order backlog at a near-record $29.9 billion Operational EBITDA 7% lower on…

People & Company News

Clean Diesel Projects – EPA Grants Available

US$ 20 million available from US Environmental Protection Agency to establish clean diesel projects , including marine diesels The U.S. Environmental Protection Agency (EPA) is announcing the availability of up to $20…

Marine Propulsion

Cummins Expands Indiana Facility, Creates Jobs

Cummins expands Seymour, Ind., High-Horsepower Campus with new construction and addition of 290 Jobs Cummins Inc. has announceda significant expansion of its Seymour campus that includes investing $219million in new…

People & Company News

Rolls Royce to Design, Power, Hi-tech Subsea Vessel

Rolls-Royce to design and power high tech subsea construction vessel for Island Offshore The versatile UT 737 CD vessel will support the most demanding subsea projects, including constructing and servicing oil and gas…

People & Company News

$20 Million Available for Clean Diesel Projects

The U.S. Environmental Protection Agency (EPA) is announcing the availability of up to $20 million in FY 2012 grant funding to establish clean diesel projects aimed at reducing harmful pollution from the nation's…

Technology

LEEVAC Shipyards Contracted to Build TwoTugboats

LEEVAC Shipyards Jennings LLC, Jennings LA win contracts to construct shipping terminal/escort tugs LEEVAC Shipyards Jennings, LLC, Jennings, LA, has signed contracts with Bay Houston Towing Co. and Suderman & Young…

People & Company News

Wärtsilä Interim Report January – March 2012

Wärtsilä report offshore and power plant markets supported 13% growth in orders HIGHLIGHTS OF THE REVIEW PERIOD JANUARY-MARCH 2012 - Order intake increased 13% to EUR 1,109 million (979) - At the end of the period the…

Marine Propulsion

Costa Concordia Wreck – Removal Contract Awarded

Tender for removal of Costa Concordia by Titan Salvage, Micoperi, accepted Costa Crociere and the Costa Concordia Emergency Commissioner's Office announced that the tender for the removal of the ship from Giglio Island…

People & Company News