Russia plans to sharply increase fuel exports and carve out a larger share of the European market following an extensive $55 billion modernisation of its refineries, companies’ plans and analysts’ reports show.
The technology group Wärtsilä is utilising its strong in-house capabilities to create further advances in operational efficiency and safety for ship owners and operators. The latest in the company’s drive towards harnessing innovative and creative technologies to build more sustainable and cost-efficient shipping took place in a successful testing programme onboard the cruise ship ‘Costa Atlantica’, belonging to Carnival’s Costa Crociere fleet. The testing enabled the crew to have better understanding of the ship’s trim, thereby enhancing both safety and efficiency. This has been made possible through the combined use of Wärtsilä’s Eniram Trim and Nacos Platinum systems.
Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group (Damen) have joined forces to introduce a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market using a Damen FCS 7011. The solution looks to transfer personnel between shore and the ever more distant deep sea offshore platforms and flotels. The FCS 7011 focuses on increased safety, cost reduction and comfort, while offering a high speed solution to complement existing helicopter transfers.
The European Commission has proposed limits to CO2 emissions from heavy-duty vehicles. The expanding liquefied natural gas infrastructure enables significant emission reductions in road transport in a cost-effective manner. Liquefied natural gas and liquefied biogas are fuels that enable the immediate achievement of the targets set by the Commission.
The technology group Wärtsilä’s Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being built for Singapore based AET Tankers will feature Wärtsilä 34DF dual-fuel auxiliary engines running primarily on LNG fuel, and fitted with LNGPac units. This contract brought the total number of orders received for this innovative system to 100.
”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.
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