Shipping Giants May Miss Climate Targets
A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships.CDP, an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, said that the world’s shipping heavyweights are not investing in key technologies to reduce their carbon footprint, with the sector at risk of not meeting the International Maritime Organization’s (IMO) targets to…
Speedcast, Danaos Partner on Maritime Digitalization
Speedcast International Limited, the provider of remote communication and IT solutions, and Danaos Peripherals announced a strategic alliance agreement under which the two companies will combine maritime communications with advanced application management developed by Danaos. Within 2017, the two companies will jointly release a remote and autonomous IT system on board a vessel, leveraging key technologies such as big data analytics, internet of things (IoT) and cyber security.
Aker, Fjords Join Forces
Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The WellSep alliance will apply Aker Solutions' subsea processing experience and testing facilities and Fjords' topside and onshore separation technologies to provide complete solutions. "This is a great opportunity to further develop our key technologies with one of our most important partners…
Highest OTC Award for Petrobras
For the third time, Petrobras is set to receive the highest award that an oil company can be given, bestowed by the Offshore Technology Conference (OTC) committee, based in Houston, USA. The OTC Distinguished Achievement Award for Companies, Organizations, and Institutions provides recognition for the set of technologies developed for oil and gas production in the pre-salt layer off the Brazilian coast, where the company achieved a new daily production record on December 21, 2014, extracting 713,000 barrels of oil. The awards ceremony will take place in May in Houston.
ABB Celebrates 125th Anniversary in Finland
ABB is celebrating today its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland is today an innovative automation and power technology company with more than 5,000 employees in 30 locations, with sales of 2.3 billion euros in 2013. “ABB Finland has been driving innovation in power and automation technologies for 125 years. Today, ABB Finland is one of our most dynamic and successful country organisations and we…
Alfa Laval Win Big Cruise Ship Order
Alfa Laval to supply PureSOx exhaust gas cleaning systems for two cruise ships to MAN in a SEK 55 million contract. The Alfa Laval PureSOx exhaust gas cleaning systems will be installed onboard two luxury cruise liners, where they will remove over 98 percent of the sulphur oxides from the ship’s exhaust gas. By combining MAN’s engines with Alfa Laval’s PureSOx systems, these luxury cruise vessels can continue using heavy fuel oil instead of expensive, low-sulphur fuel and still…
Alfa Laval Water Treatment System Ordered for MAN EGR System
Alfa Laval wins groundbreaking marine environmental order from MAN Diesel & Turbo for its PureNox Water Treatment System. The Alfa Laval PureNOx Water treatment system (WTS) is developed together with MAN Diesel & Turbo to be integrated in their Exhaust Gas Recirculation (EGR) process to reduce the NOx emissions from ship main engines. The Alfa Laval WTS will clean the circulating scrubber water to protect the EGR system, and also clean the excess water formed during combustion before it is discharged overboard. reduce harmful nitrogen oxides (NOx) emission onboard vessels.
Northrop Grumman Names a Managing Director
FREIBURG, Germany - Northrop Grumman Corporation has appointed Eckehardt Keip as managing director of Northrop Grumman Holding GmbH, which includes operating entities Northrop Grumman L.E.F. GmbH and Northrop Grumman LITEF GmbH. Keip has been managing director of Northrop Grumman LITEF in Freiburg for nearly eight years; and, in his new, expanded role, he will be responsible for leading all areas of the company's Navigation Systems Division operations throughout Germany. "This…
Atanasio Named President, CEO of Alfa Laval, Inc.
<p>John Atanasio was appointed President and CEO of Alfa Laval Inc., responsible for leading Alfa Laval in the USA to drive profitable growth in its markets, leveraging the company’s key technologies of heat transfer, separation and fluid handling. Atanasio joined Alfa Laval in 1982 in the company’s Food and Dairy Group. He joined Alfa Laval Separation in 1990. In 2001, Atanasio was named President of Alfa Laval USA’s Parts and Service Division, and then President of the company’s Equipment Division in 2004.
Alfa Laval Acquires Aalborg Industries
Alfa Laval – a leader in heat transfer, centrifugal separation and fluid handling –signed an agreement to acquire Aalborg Industries Holding A/S for a total cash consideration of $729.6m, on an enterprise value basis, from Altor 2003 Fund, LD Equity and the Company’s management. Aalborg Industries has some 2,600 employees and is expected to generate sales of about $481.5m in 2010. The acquisition will be accretive to EPS from 2011. The closing of the transaction is subject to clearance from regulatory authorities.