Kvaerner said it plans to invest NOK 370 million ($46.8 million) in a new quay at the company’s facility at Stord.
”The objective for this upgrade will be to make the facility more flexible. We invest now to strengthen our competitiveness, and this extension will position Kvaerner for deliveries of new solutions to both oil and gas projects and other market segments,” said Kvaerner president & CEO, Jan Arve Haugan.
”The year has started extremely well with increased revenue, EBITDA and net result. The January–March 2018 result for the period increased by 48.6 per cent to EUR 16.5 million. Earnings before interest, taxes, depreciation and amortisation, EBITDA, came to EUR 34.3 million and revenue increased by 11.6 per cent to EUR 134.9 million”, president and CEO Emanuele Grimaldi says.
Bureau Veritas further expands its support to shipowners and the industry with the introduction of the first phase of My Fuel Consumption – a cloud-based and secure web application available for use on desktop, mobile and tablet. My Fuel Consumption makes compliance easy, with a digitized process throughout the various steps of IMO-DCS (declaration of fuel consumption) and EU MRV regulations (CO2 emissions). These regulations aim to reduce emissions and protect the environment.
The technology group Wärtsilä is partnering with the cyber security company Templar Executives to establish a world-class cyber academy in Singapore. The academy will offer courses designed to support and enhance the collective cyber maturity of the wider shipping community, notably operators and owners.
MacGregor, part of Cargotec, is upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels. A contract for four vessels was signed in December 2017 and was shortly followed by a further three in January 2018. The work is being carried out under a MacGregor Cargo Boost service, which is designed to increase the earning potential of existing container vessels through improving cargo carrying efficiency.
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