Battery-Electric Surge: ESS Scales Up in Maritime
Ask the right government department in any G7 state and you’ll find funding to put battery power for your vessel. Beyond funds, new battery makers and system integrators are ironing out safety issues, and a growing number of giga-sized cell factories offer hope that costs will fall for marine energy storage, as ESS choice grows. Efforts are also underway to recycle rare earth elements and to augment or greenify staggeringly high plant electricity inputs. Apart from funding, the drivers of change include constraints on shipping in Emissions Free Areas like the fjords of Norway…
Wartsila Says Share of Renewable Energy Up Rapidly Amid COVID-19
Finnish ship technology and power-plant maker Wartsila said on Tuesday the coronavirus outbreak has caused the share of renewable energy in Europe's power production to increase rapidly.The pandemic has caused demand for electricity to fall across Europe, Wartsila said, according to data it collected and analysed.Countries such as Germany, Spain and Britain have had to temporarily shut down coal-fired power generation, causing the share of renewable energy to increase rapidly in the power mix."Take Germany last week…
Wartsila Wins US LNG Bunker Vessel Deal
The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA.The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin on behalf of NorthStar Midstream. It will be operated by the company’s marine transportation company Polaris New Energy (PNE)."This latest order further endorses Wärtsilä’s leading position in LNG systems for the marine sector, and its key role in supporting the growing acceptance of LNG fuel by North American owners and operators…
Shore Power Market to Reach $2.7Bln by 2024
The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry, and installation of retrofit shore power systems have increased the demand for a shore power system, said a report by ResearchAndMarkets.However, huge installation & maintenance costs and…
Offshore wind: One-stop power conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart.
Wärtsilä Forms New Biofuel Arm
Finnish shipping technology group Wartsila has merged its Puregas Solutions and biogas liquefaction teams to form a new Biogas Solutions unit that will offer its customers a ‘one-stop-shop service’ for advanced biofuel production.Wärtsilä Biogas Solutions, a unit with expert capabilities in liquefying upgraded biogas for end-customer use, offers products for biogas upgrading to biomethane, and the liquefaction of biomethane into bioLNG."Currently, our market share in this field is almost 60 percent…
Offshore wind: One-stop Power Conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart. The lingo is the same.
Wartsila Bags Energy Storage Contract from ContourGlobal
Wartsila has won a 6 MW energy storage project contract for the Caribbean island of Bonaire from ContourGlobal Bonaire, a subsidiary of London based ContourGlobal.The engineering, procurement, and construction (EPC) hybrid energy project includes both the hardware, consisting of batteries and inverters, as well as GEMS, the energy management software from Greensmith Energy, a Wartsila company."The energy storage system will enable Bonaire, part of the Netherlands Antilles, to increase its use of renewable energy such as wind and solar.
Stena Drilling Rig Gets an Engine Overhaul
The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said.Work on the Wartsila 16v25 No.3 generator on board the Class 3 semi-submersible drilling platform Stena Don saw cylinder heads, pistons and conrods overhauled, as part of an extensive 20,000 running hour service.This required a four-man engineering team working day and night shifts on the vessel while it was located at Scapa Flow…
New Rules on Ship Emissions Herald Sea Change for Oil Market
New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies.The regulations will slash emissions of sulfur, which is blamed for causing respiratory diseases and is a component of acid rain that damages vegetation and wildlife.But the energy and shipping industries are ill-prepared, say analysts, with refiners likely to struggle to meet higher demand for cleaner fuel…
The Switch set to boost marine growth
The Switch is targeting growth of 200% within the marine segment in the next five years, building on the momentum of a flurry of recent orders, its acquisition of Wartsila Drives, and the financial muscle of its parent company, the EUR 3.3 billion turnover Yaskawa Electric Corporation. The Finnish headquartered business, a specialist in the development and supply of advanced drive train solutions, believes its permanent magnet (PM) and frequency converter technology can have the same transformational effect on marine as it has had in wind.
Finland's Wartsila Cuts 2016 Outlook
Finnish engineering company Wartsila warned on Wednesday its 2016 net sales and profitability would be lower than expected due to lower than anticipated power plant deliveries. The company said in a statement it expects net sales to decline by around 5 percent and its operating profit margin to be around 12 percent. Wartsila previously expected its net sales to grow by up to five percent and its profitability to be in range of 12.5 to 13.0 percent. Wartsila shares were down 2.8 percent at 1441 GMT. (Reporting by Tuomas Forsell)
UDS Strikes Deal to Build Dive Support Ship in China
Ultra Deep Group (UDS) signed another contract with China Merchants Heavy Industry to build a Ultra Deep Installer – Multipurpose Diving Support Construction Vessel. Even though the oil market remains in the doldrums, Singapore-based UDS is powering ahead with tis strategic plan to spearhead the development and operation of efficient, cost-effective diving and support vessels in the oil and gas industry, plancing an order for its proprietary design “Red Class 6027” MT design DSCV with a Chinese shipbuilder.
LNG Vessel with Wartsila Integrated Solutions Delivered to Evergas
The first in a series of 27,500 cbm 'Dragon' class vessels ordered by Evergas, a world renowned owner and operator of seaborne petrochemical and liquid gas transport vessels, is being delivered from the Sinopacific Offshore & Engineering (SOE) shipyard in China today. The vessel features a comprehensive Wärtsilä solutions package, including two Wärtsilä 50DF dual-fuel engines, Wärtsilä propulsion equipment including the gearbox, two Wärtsilä 20DF auxiliary generating sets, a Wärtsilä LNG fuel system and a Wärtsilä cargo handling system.
Wärtsilä to Begin Building LNG Terminal in January
Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015. Manga LNG Oy is a joint venture of Outokumpu Group, Svenskt Stål AB (SSAB), Skangass and EPV Energy Ltd. Wärtsilä initially announced this project in January 2014. The order, valued at approximately EUR 100 million, will be included in Wärtsilä's order intake in December 2014.
Lafarge, Wartsila, IFC to Build Power Plant in Nigeria
Lafarge Africa, Finland's Wartsila and the World Bank's IFC have agreed to build a 220 megawatt (MW) gas-fired power plant in Nigeria to boost electricity supplies, they said on Wednesday. The trio said in a statement their plan was to help fast-track increased power supplies to the national grid and that they expected to provide more electricity to about 1.4 million households. They did not disclose the cost of the project. Nigeria is reforming its power sector to end chronic outages…
Drydocks World to Participate in SMM 2014
Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding, Machinery, and Marine Technology (SMM) Exhibition, from September 9-12, 2014. Taking place in the strategic shipping hub of Hamburg, Germany, Drydocks World will attend SMM 2014 with representatives from Maritime World, Dubai Chamber and Dubai Council for Marine and Maritime Industries. In the past several…
Wärtsilä's JV with CSSC to Expands Engines Range
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines. The CSSC Wärtsilä Engine (Shanghai) Co. Ltd factory will be located at Lingang, Shanghai and is expected to have its first engine ready for delivery by the end of 2015. The company will in particular target the growing offshore and LNG markets, as well as the market for very large container vessels.
Drydocks World & DMC to build 1st LNG-powered tug
Drydocks World and Dubai Maritime City (DMC), the leading provider of services to the shipping, maritime, oil, gas & energy sector is supporting the "Green Economy for Sustainable Development" initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Ruler of Dubai. As part of this initiative, the company has entered into Memoranda of Understanding with Wartsila and Dubai Carbon Centre of Excellence for building the world’s first LNG powered harbor tug.
Internal Combustion Engines Have Edge on OCGTs: IEA
Internal combustion engines (ICEs) are a promising technology for supporting wind and solar energy, a new report by the International Energy Agency (IEA) finds, apprises Wärtsilä. Comparing different sources of flexibility for power systems, IEA says gas-fired ICE power plants are "very mature technology" and "cost-competitive to OCGTs" (Open Cycle Gas Turbines). Commenting on the alternative technologies, IEA notes that "growth in ICE plants actually exceeds that of turbine-based technologies". The findings were published in IEA's Energy Technology Perspectives 2014.
